MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0057723
Rinac Insulations Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.14 Cr
▼ 43% YoY
Net loss · FY 2024
₹37.04 Lakh
Net margin -17.3%
EBITDA · FY 2024
-₹28.04 Lakh
EBITDA margin -13.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹96.23 Lakh
Secured borrowings
Company age
17 yrs
Est. 2009
Employees · EPFO
58
Provident fund records
About Rinac Insulations Private Limited
Data last updated:
Rinac Insulations Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 25 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2009PTC191218. Its GSTIN is 27AAECR3166P1ZT (Maharashtra). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Richard Norbert Dsa (Managing Director) and Gratia Winnifred Dsa (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 308A Shree Krishna Commercial Centre 6 Udyog Nagar S. V. Road Goregaon(W), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.14 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net loss of ₹37.04 Lakh (net margin -17.3%) and EBITDA of -₹28.04 Lakh (EBITDA margin -13.1%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years and 17% over five years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹96.23 Lakh on record. Court records list 8 cases involving the company, including 2 filed by the company and 6 filed against it.
Rinac Insulations Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0057723). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rinacinsulations.com.
Company details
CIN U74990MH2009PTC191218
Registration Number 191218
Incorporation Date 25 March 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0057723
Recognitions & Rankings of Rinac Insulations
Contact details
Rinac Insulations Private Limited's registered office is in Mumbai, Maharashtra. Its website is rinacinsulations.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address308A Shree Krishna Commercial Centre 6 Udyog Nagar S. V. Road Goregaon(W), Mumbai, Maharashtra, India – 400062
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Rinac Insulations Private Limited, buy the company report.
Comprehensive company report
Rinac Insulations Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Rinac Insulations is professional, scientific and technical activities. In detail, this covers architectural and engineering activities; technical testing and analysis.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 71 | Architectural and engineering activities; technical testing and analysis |
To see the full business activity and turnover split of Rinac Insulations Private Limited, buy the company report.
Financials of Rinac Insulations Private Limited
FY 2025 filings availableRinac Insulations Private Limited reported revenue of ₹2.14 Cr (down 43% YoY) for FY 2024.
Revenue · FY 2024
₹2.14 Cr ▼ 43%
Net loss · FY 2024
₹37.04 Lakh margin -17.3%
EBITDA · FY 2024
-₹28.04 Lakh margin -13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 26%
5 years · compounded
▼ 17%
EBITDA CAGR growth
1 year
▼ 291%
3 years · compounded
▼ 43%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 43% fall in the latest year. EBITDA fell 291% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹28.04 Lakh | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | -₹37.04 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -13.1% | ||||
| Net Profit Margin | -17.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Rinac Insulations Private Limited, buy the company report.
Board of directors of Rinac Insulations Private Limited
Rinac Insulations has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Richard Norbert Dsa | Managing Director | 25 Mar 2009 | 17 Years 7 Months | Current |
| Gratia Winnifred Dsa | Whole-Time Director | 25 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Rinac Insulations Private Limited is audited by BHUVA & KANAKIA for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUVA & KANAKIA | FY 2017 | 101481W |
Shareholding
The shareholding of Rinac Insulations Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rinac Insulations Private Limited, buy the company report.
Charges & borrowings
Open charges
₹96.23 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Dec 2020 | 100398744 | Others | ₹11.23 Lakh | Open | |
| 17 Mar 2017 | 100088374 | Others | ₹20 Lakh | Open | |
| 22 Apr 2013 | 10430637 | Union Bank of India | ₹65 Lakh | Open |
To see the full charge records of Rinac Insulations Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Rinac Insulations Private Limited has 8 court cases on record: 2 filed by Rinac Insulations, 6 filed against it. All cases are disposed.
Total cases
8
Filed by the company
2
Filed against the company
6
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by M/S Hexagon Bio Pharma Pvt. Ltd, Bangolre | Disposed |
| High Court, MAHARASHTRA | Appeal | Filed against the company by M/S Hexagon Bio Pharma Pvt. Ltd, Bangolre | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against M/S Hexagon Bio Pharma Pvt. Ltd. | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Kiran Metal Corporation | Disposed |
To see the full case history of Rinac Insulations Private 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 Rinac Insulations Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rinac Insulations Private Limited has a workforce of 58 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
58
Active EPFO establishments
1
Employee growth
-36.26%
GST
Rinac Insulations has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR3166P1ZT | Maharashtra | Active | 01 Jul 2017 |
| 23AAECR3166P1Z1 | Madhya Pradesh | Active | 01 Jul 2017 |
| 24AAECR3166P1ZZ | Gujarat | Active | 01 Jul 2017 |
| 29AAECR3166P1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rinac Insulations Private Limited, buy the company report.
Recent activity
Rinac Insulations Private Limited has 4 board changes on record since 2009: 2 appointments and 2 cessations. The latest: Gratia Winnifred Dsa ceased to be Director on 28 May 2011.
AGM
Rinac Insulations Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rinac Insulations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 11.23 Lakh with Charge ID 100398744 was registered on 16 Dec 2020.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 100088374 was registered on 17 Mar 2017.
Charges
A charge with Union Bank Of India of Rs. 65.00 Lakh registered on 22 Apr 2013 with Charge ID 10430637 was modified on 26 Aug 2015.
Charges
A charge with Union Bank Of India amounted to Rs. 65.00 Lakh with Charge ID 10430637 was registered on 22 Apr 2013.
Ceased
Gratia Winnifred Dsa ceased to be Director.
Ceased
Richard Norbert D'sa ceased to be Director.
Appointed
Gratia Winnifred Dsa was appointed as Whole-Time Director.
Appointed
Richard Norbert Dsa was appointed as Managing Director.
Incorporation
25 Mar 2009
Rinac Insulations Private Limited was registered on 25 Mar 2009 with Roc Mumbai & aged 17 years 7 months as per MCA records.
Frequently asked questions
Rinac Insulations is an active private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 25 March 2009 (17+ years old) and is registered under CIN U74990MH2009PTC191218.
Rinac Insulations has 2 current directors:
- Richard Norbert Dsa - Managing Director
- Gratia Winnifred Dsa - Whole-Time Director
The latest financial statements of Rinac Insulations on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rinac Insulations is 27AAECR3166P1ZT, registered in Maharashtra. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 23AAECR3166P1Z1 (Madhya Pradesh), 24AAECR3166P1ZZ (Gujarat), 29AAECR3166P1ZP (Karnataka).
The CIN (Corporate Identification Number) of Rinac Insulations is U74990MH2009PTC191218. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rinac Insulations has 8 court cases on record: 2 filed by the company and 6 filed against it. Most are in the district courts.
Rinac Insulations was incorporated on 25 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Gratia Winnifred Dsa ceased to be Director on 28 May 2011. Richard Norbert D'sa ceased to be Director on 04 Feb 2011. Gratia Winnifred Dsa was appointed as Whole-Time Director on 25 Mar 2009. Rinac Insulations has 4 board changes on record in total.
Yes, Rinac Insulations is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0057723).
Rinac Insulations can be reached through the website rinacinsulations.com. Its registered office is in Mumbai, Maharashtra, India.