About Reliance Asset Reconstruction Company Limited
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Reliance Asset Reconstruction Company Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the asset reconstruction firms segment of the financial services sector. It was incorporated on 17 April 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2006PLC161190. Its GSTIN is 27AADCR3968G1Z3 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹160 Cr and a paid-up capital of ₹100 Cr. It is led by directors including Mehul Mansukhlal Gandhi (Whole-Time Director) and Rajendra Shyamsundarlal Kakker (Person Incharge).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 11th Floor North Side R – Tech Park Western Express Highway, Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹79.4 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹26.47 Cr (net margin 33.3%) and EBITDA of ₹37.76 Cr (EBITDA margin 47.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Reliance Asset Reconstruction Company. As per MCA filings, the company has open charges of ₹75 Cr and satisfied charges of ₹716.05 Cr on record. Court records list 1,198 cases involving the company, including 887 filed by the company and 311 filed against it; 121 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rarcl.com.
Company details
Contact details
Reliance Asset Reconstruction Company Limited's registered office is in Mumbai, Maharashtra. Its website is rarcl.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor North Side R – Tech Park Western Express Highway, Mumbai, Maharashtra, India – 400063
- IndustryFinancial Services, Asset Reconstruction Firms
To see the full contact details of Reliance Asset Reconstruction Company Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Reliance Asset Reconstruction Company operates one associated brand: Reliance Asset Reconstruction Company. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Asset reconstruction services for retail, SME, and corporate sectors in India. | rarcl.com |
Business activity
The main business activity of Reliance Asset Reconstruction Company is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Reliance Asset Reconstruction Company Limited, buy the company report.
Financials of Reliance Asset Reconstruction Company Limited
FY 2024 filings availableReliance Asset Reconstruction Company Limited reported revenue of ₹79.4 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 9% growth in the latest year. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹37.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.47 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 47.6% | ||||
| Net Profit Margin | 33.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Reliance Asset Reconstruction Company Limited, buy the company report.
Board of directors of Reliance Asset Reconstruction Company Limited
Reliance Asset Reconstruction Company has 5 current directors and 47 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Shyamsundarlal Kakker | Person Incharge | 07 Aug 2007 | 19 Years 3 Months | Current |
| Mehul Mansukhlal Gandhi | Whole-Time Director | 18 Dec 2019 | 6 Years 10 Months | Current |
| Asokan Arumugam | Director | 31 Jul 2024 | 2 Years 3 Months | Current |
| Aman Gudral | Nominee Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Amrita Nautiyal Also directs: Gandhar Oil Refinery (India) Limited, Cipla Health Limited, Matix Fertilisers and Chemicals Limited and 5 more | Director | 21 Mar 2024 | 2 Years 7 Months | Current |
Peer comparison
Reliance Asset Reconstruction Company Limited is compared with the 7 companies closest to it by revenue in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prudent Arc Limited | ₹234.63 Cr (FY 2025) | 405.0% | New Delhi, Delhi, India | |||
| Asrec (India) Limited | ₹103.9 Cr (FY 2025) | 33.0% | Andheri Kurla Road, Maharashtra, India | |||
| Rare Asset Reconstruction Limited | ₹84.42 Cr (FY 2025) | 29.0% | Ahmedabad, Gujarat, India | |||
| Reliance Asset Reconstruction Company Limitedthis company | ₹79.4 Cr (FY 2025) | ₹26.47 Cr | 33.3% | 9.0% | 37 | Mumbai, Maharashtra, India |
| International Asset Reconstruction Company Private Limited | ₹64.91 Cr (FY 2025) | 1371.0% | New Delhi, Delhi, India | |||
| Encore Asset Reconstruction Company Private Limited | ₹61.62 Cr (FY 2025) | 50.0% | New Delhi, Delhi, India | |||
| Paladin Consultancy Private Limited | ₹37.81 Cr (FY 2025) | -75.0% | Mumbai, Maharashtra, India | |||
| India SME Asset Reconstruction Company Limited | ₹36.4 Cr (FY 2025) | 101.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Reliance Asset Reconstruction Company Limited, buy the company report.
Auditor
Reliance Asset Reconstruction Company Limited is audited by Pathak H.D & Associates LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Pathak H.D & Associates LLP | FY 2022 | 107783W/W100593 |
Shareholding
The shareholding of Reliance Asset Reconstruction Company Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reliance Asset Reconstruction Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2016 | 100070611 | Others | ₹75 Cr | Open | |
| 03 Jul 2024 | 100975444 | Others | ₹4 Cr | Satisfied | |
| 06 May 2024 | 100934532 | Others | ₹7.5 Cr | Satisfied | |
| 11 Sep 2023 | 100927268 | Others | ₹4.55 Cr | Satisfied | |
| 24 Aug 2018 | 100207661 | Others | ₹500 Cr | Satisfied |
To see the full charge records of Reliance Asset Reconstruction Company Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Reliance Asset Reconstruction Company Limited has 1,198 court cases on record: 887 filed by Reliance Asset Reconstruction Company, 311 filed against it. 121 cases are pending and 1,077 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 873 | 65 | 76 |
| High courts | 280 | 220 | 37 |
| Supreme Court | 23 | 11 | 5 |
| NCLAT | 15 | 13 | 3 |
| NCLT | 7 | 2 | 0 |
Cases on record (5 of 1,198)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0602-Banking : Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, debt recovery by banks, financial institutions, cooperative banks and negotiable instruments [other than criminal prosecution]) | Filed by the company against an individual | Disposed |
| High Court of Rajasthan | Court case (CSTAY) | Filed against the company by Jsel Securities Ltd. | Pending |
| District court, Jaipur Metro II, Rajasthan | Civil miscellaneous application | Filed against the company by Jsel Securities Ltd | Pending |
| High Court of Rajasthan | Appeal | Filed against the company by Jsel Securities Ltd. | Pending |
| High Court of Rajasthan | Arbitration matter | Filed against the company by Jsel Securities Ltd. | Pending |
To see the full case history of Reliance Asset Reconstruction Company Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reliance Asset Reconstruction Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reliance Asset Reconstruction Company Limited has a workforce of 37 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 37 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Reliance Asset Reconstruction Company Limited, buy the company report.
GST
Reliance Asset Reconstruction Company has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR3968G1Z3 | Maharashtra | Active | 01 Jul 2017 |
| 33AADCR3968G1ZA | Tamil Nadu | Active | 01 Oct 2020 |
To see the full GST registrations and return filing status of Reliance Asset Reconstruction Company Limited, buy the company report.
Recent activity
Reliance Asset Reconstruction Company Limited has 48 board changes on record since 2006: 5 appointments and 43 cessations. The latest: Parthasarathy Sathupadi Venkatadri ceased to be Additional Director on 27 Feb 2025.
57 earlier events are in the company report.
Frequently asked questions
Reliance Asset Reconstruction Company is an active public limited company based in Mumbai, Maharashtra, India. The company works in asset reconstruction firms, within the financial services industry. It was incorporated on 17 April 2006 (20+ years old) and is registered under CIN U45200MH2006PLC161190.
Reliance Asset Reconstruction Company has 5 current directors:
- Mehul Mansukhlal Gandhi - Whole-Time Director
- Asokan Arumugam - Director
- Aman Gudral - Nominee Director
- Amrita Nautiyal - Director
- Rajendra Shyamsundarlal Kakker - Person Incharge
The latest financial statements of Reliance Asset Reconstruction Company on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Reliance Asset Reconstruction Company is 27AADCR3968G1Z3, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCR3968G1ZA (Tamil Nadu).
The CIN (Corporate Identification Number) of Reliance Asset Reconstruction Company is U45200MH2006PLC161190. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reliance Asset Reconstruction Company has 1,198 court cases on record: 887 filed by the company and 311 filed against it. 121 are pending. Most are in the district courts.
Reliance Asset Reconstruction Company was incorporated on 17 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Reliance Asset Reconstruction Company by revenue are Prudent Arc Limited, Asrec (India) Limited, Rare Asset Reconstruction Limited, International Asset Reconstruction Company Private Limited, Encore Asset Reconstruction Company Private Limited and 2 more, all in the BFSI industry (Asset Reconstruction Companies), with the same principal business activity (other financial activities).
Parthasarathy Sathupadi Venkatadri ceased to be Additional Director on 27 Feb 2025. Asokan Arumugam was appointed as Director on 31 Jul 2024. Amrita Nautiyal was appointed as Director on 21 Mar 2024. Reliance Asset Reconstruction Company has 48 board changes on record in total.
Reliance Asset Reconstruction Company can be reached through the website rarcl.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Reliance Asset Reconstruction Company is at 11th Floor North Side R – Tech Park Western Express Highway, Mumbai, Maharashtra, India – 400063.
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