India's Most Valuable Companies 2024 edition · Source: Hurun India
Rank#280- Valuation
- ₹19,850 Cr
2023 #220 2022 #205 2021 #239
Revenue · FY 2025
₹4,642.2 Cr
▼ 21% YoY
Net profit · FY 2025
₹239.78 Cr
Net margin 5.2%
EBITDA · FY 2025
₹691 Cr
EBITDA margin 14.9%
Authorised capital
₹100 Cr
Registered with MCA
Paid-up capital
₹80.91 Cr
Issued & subscribed
Open charges
₹3,406.93 Cr
Satisfied ₹1,853.44 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
8,567
Provident fund records
About RSPL Limited
Data last updated:
RSPL Limited is a public limited company based in Kanpur, Uttar Pradesh, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 22 June 1988 and has been in existence for over 38 years.
Its director Murlidhar Gyan Chandani and family are #618 among India's richest people (2026). Its director Bimal Gyan Chandani and family are #840 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U15111UP1988PLC009771. Its GSTIN is 09AADCS7820A1ZL (Uttar Pradesh). The company holds 30 GST registrations, of which 24 are active.
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹80.91 Cr. It was formerly known as Rspl Private Limited and Shri Mahadeo Soap Industries Private Limited. It is led by directors including Bimal Kumar Gyanchandani (Managing Director) and Murlidhar Gyan Chandani (Managing 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 119 – 121 (Part) Block P&T Fazal Ganj, Kanpur, Uttar Pradesh, India – 208012.
As per the financials filed for FY 2025, the company reported a revenue of ₹4,642.2 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net profit of ₹239.78 Cr (net margin 5.2%) and EBITDA of ₹691 Cr (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years.
The company has about 8,567 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Ghari Detergent and Pro-ease. As per MCA filings, the company has open charges of ₹3,406.93 Cr and satisfied charges of ₹1,853.44 Cr on record. Court records list 701 cases involving the company, including 275 filed by the company and 426 filed against it; 200 cases are pending. The company has 7 deals on record (7 secondary share transfers); the latest was in November 2023. Its 6 peer companies in the FMCG industry (Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 1 larger and 5 smaller; the largest is Nirma Limited with revenue of ₹12,400 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 918 overdue payments to 163 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rsplgroup.com.
Company details
CIN U15111UP1988PLC009771
Registration Number 009771
Incorporation Date 22 June 1988
ROC Kanpur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Name history
RSPL has undergone 3 name changes throughout its history. The company was previously known as Rspl Private Limited, Shri Mahadeo Soap Industries Private Limited, and Rohit Surfactants Private Limited. The current legal name is Rspl Limited.
| Company Name | Status |
|---|---|
| RSPL Limited | Current |
| Rspl Private Limited | Previous |
| Shri Mahadeo Soap Industries Private Limited | Previous |
| Rohit Surfactants Private Limited | Previous |
CIN history
RSPL has one previous CIN (Corporate Identification Number): U15111UP1988PTC009771. The current CIN is U15111UP1988PLC009771, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15111UP1988PLC009771 | Current |
| U15111UP1988PTC009771 | Previous |
Key People
Bimal Kumar Gyanchandani Managing Director Murlidhar Gyan Chandani Managing Director Rahul Gyanchandani Managing Director Recognitions & Rankings of RSPL
India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #618 Murlidhar Gyan Chandani & family ₹5,400 Cr
- #840 Bimal Gyan Chandani & family ₹3,600 Cr
Contact details
RSPL Limited's registered office is in Kanpur, Uttar Pradesh. Its website is rsplgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address119 – 121 (Part) Block P&T Fazal Ganj, Kanpur, Uttar Pradesh, India – 208012
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of RSPL Limited, buy the company report.
Comprehensive company report
RSPL 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
Brands
RSPL operates two associated brands: Ghari Detergent and Pro-ease. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Serves as a brand for detergent powder and bars. | gharidetergent.com | |
| Operates as a brand specializing in sanitary pads for women. | myproease.com |
Business activity
The main business activity of RSPL is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of RSPL Limited, buy the company report.
Financials of RSPL Limited
FY 2025 filings availableRSPL Limited reported revenue of ₹4,642.2 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹4,642.2 Cr ▼ 21%
Net profit · FY 2025
₹239.78 Cr margin 5.2%
EBITDA · FY 2025
₹691 Cr margin 14.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▼ 43%
3 years · compounded
▼ 22%
5 years · compounded
▲ 1%
Revenue has declined at a compounded annual rate (CAGR) of 10% over three years, including a 21% fall in the latest year. EBITDA fell 43% 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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| Total Expenses | |||||
| EBITDA | ₹691 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹239.78 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 | 14.9% | ||||
| Net Profit Margin | 5.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of RSPL Limited, buy the company report.
Board of directors of RSPL Limited
RSPL has 10 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Gyanchandani Also directs: Leayan Global Private Limited, Clean Horizon Energy Private Limited, Nimmi Build Tech Private Limited and 5 more | Whole-Time Director | 11 Mar 2008 | 18 Years 7 Months | Current |
| Rohit Gyanchandani Also directs: Leayan Global Private Limited, Clean Horizon Energy Private Limited, Manoj Developers and Infrastructure Private Limited and 5 more | Whole-Time Director | 04 Feb 2005 | 21 Years 8 Months | Current |
| Renuka Gulati | Additional Director | 01 Jan 2026 | 0 Years 9 Months | Current |
| Naresh Kumar Phoolwani | Whole-Time Director | 01 Jan 2017 | 9 Years 9 Months | Current |
| Sunil Srivastav | Director | 18 Mar 2025 | 1 Years 7 Months | Current |
| Bimal Kumar Gyanchandani Also directs: Leayan Global Private Limited, Ghari Industries (India) Private Limited, Clean Horizon Energy Private Limited and 5 more | Managing Director | 11 Oct 1995 | 31 Years 0 Months | Current |
Showing 6 of 10 current directors. View all directors
Peer comparison
RSPL Limited is compared with the 6 companies closest to it by revenue in the FMCG industry (Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nirma Limited | ₹12,400 Cr (FY 2025) | 16.0% | Ahmedabad, Gujarat, India | |||
| RSPL Limitedthis company | ₹4,642.2 Cr (FY 2025) | ₹239.78 Cr | 5.2% | -21.0% | 8,544 | Kanpur, Uttar Pradesh, India |
| Jyothy Labs Limited | ₹2,902.56 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Karnataka Soaps and Detergents Limited | ₹1,615.28 Cr (FY 2025) | 17.0% | Bangalore, Karnataka, India | |||
| Unilever India Limited | ₹1,471.94 Cr (FY 2025) | 32.0% | Mumbai, Maharashtra, India | |||
| Fena Private Limited | ₹1,434 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Ipf - Vikram India Private Limited | ₹1,330.53 Cr (FY 2025) | 19.0% | Chandigarh, India |
To see the full peer comparison of RSPL Limited, buy the company report.
Auditor
RSPL Limited is audited by WALKER CHANDOIK & CO. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDOIK & CO. LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of RSPL 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 RSPL Limited, buy the company report.
Charges & borrowings
Open charges
₹3,406.93 Cr
Satisfied charges
₹1,853.44 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2024 | 100888483 | State Bank of India | ₹31.5 Cr | Open | |
| 26 Oct 2023 | 100815979 | Citi Bank N.A. | ₹135 Cr | Open | |
| 09 Sep 2022 | 100613046 | Others | ₹100 Cr | Open | |
| 17 Nov 2021 | 100509385 | Others | ₹90,000 | Open | |
| 09 Jul 2021 | 100473639 | Hdfc Bank Limited | ₹40,000 | Open |
To see the full charge records of RSPL Limited, buy the company report.
Total charge records: 35 View all charges
Deals & funding
RSPL Limited has 7 deals on record (7 secondary share transfers); the latest was in November 2023.
Total deals
7
Secondary share transfers
7
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Sep 2022 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2021 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Nov 2010 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 3 individuals |
To see the full deal history of RSPL Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
RSPL Limited has 701 court cases on record: 275 filed by RSPL, 426 filed against it. 200 cases are pending and 501 are disposed.
Total cases
701
Filed by the company
275
Filed against the company
426
Pending
200
Disposed
501
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 479 | 303 | 82 |
| High courts | 207 | 110 | 112 |
| Supreme Court | 9 | 7 | 0 |
| NCLAT | 5 | 5 | 5 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 701)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed against the company by Ymi Ghar Soaps Private Limited | Pending |
| High Court of Delhi | Court case (FAO (COMM)) | Filed by the company against Rozana Rural Commerce Pvt. Ltd. | Pending |
| High Court of Delhi | Court case (C.O.(COMM.IPD-CR)) | Filed by the company against Ymi Ghar Soaps Private Limited & Ors. | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Simplex Infrastructures Ltd. | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Ymi Ghar Soaps Private Limited & Ors. | Pending |
To see the full case history of RSPL 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.
Credit ratings & regulatory alerts
RSPL Limited was last rated by Icra on 03 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Aug 2021 |
To see the full credit ratings and regulatory alerts of RSPL Limited, buy the company report.
MSME payment delays
RSPL Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 918 overdue payments to 163 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 163)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Amarnath Foods Private Limited | |||
| Alpha Enterprises |
To see the full MSME payment records of RSPL Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
RSPL has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| RSPL Health Private Limite | U36912DL2011PTC347104 |
To see the full group structure of RSPL Limited, buy the company report.
Employees & EPFO
RSPL Limited has a workforce of 8,544 employees on its EPFO records as of Nov 09, 2024, across 27 active EPFO establishments.
Employee count
8,544
Active EPFO establishments
27
Employee growth
-14.45%
GST
RSPL has 30 GST registrations: 24 active and 6 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
30
Active
24
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCS7820A1ZL | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AADCS7820A2ZK | Uttar Pradesh | Active | 16 Aug 2017 |
| 09AADCS7820A1CW | Uttar Pradesh | Active | 12 Feb 2023 |
| 09AADCS7820A4ZI | Uttar Pradesh | Active | 01 Mar 2024 |
To see the full GST registrations and return filing status of RSPL Limited, buy the company report.
Recent activity
RSPL Limited has 20 board changes on record since 1995: 15 appointments and 5 cessations. The latest: Renuka Gulati was appointed as Additional Director on 01 Jan 2026.
Appointed
Renuka Gulati was appointed as Additional Director.
Charges
A charge registered on 28 Jul 2020 via Charge ID 100356166 with Standard Chartered Bank was fully satisfied on 13 Oct 2025.
AGM
Rspl Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Sushil Kumar Bajpai was appointed as Whole-Time Director.
Appointed
Rajinder Pal Singh was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 397.41 Cr registered on 18 Oct 2005 with Charge ID 80010216 was modified on 25 Apr 2025.
Filing
Rspl Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kanpur.
Appointed
Sunil Srivastav was appointed as Director.
Charges
A charge registered on 21 May 2021 via Charge ID 100460126 with Citi Bank N.A. was fully satisfied on 03 Mar 2025.
Ceased
Jagannath Gupta ceased to be Director.
Charges
A charge registered on 12 Jul 2019 via Charge ID 100273901 with Standard Chartered Bank was fully satisfied on 08 Oct 2024.
Charges
A charge registered on 26 Mar 2021 via Charge ID 100438315 with Sbicap Trustee Company Limited was fully satisfied on 09 Aug 2024.
89 earlier events are in the company report.
News
Frequently asked questions
RSPL is an active public limited company based in Kanpur, Uttar Pradesh, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 22 June 1988 (38+ years old) and is registered under CIN U15111UP1988PLC009771.
RSPL has 10 current directors:
- Bimal Kumar Gyanchandani - Managing Director
- Murlidhar Gyan Chandani - Managing Director
- Rahul Gyanchandani - Managing Director
- Manoj Gyanchandani - Whole-Time Director
- Rohit Gyanchandani - Whole-Time Director
- Naresh Kumar Phoolwani - Whole-Time Director
- Sushil Kumar Bajpai - Whole-Time Director
- Renuka Gulati - Additional Director
- Sunil Srivastav - Director
- Rajinder Pal Singh - Director
The latest financial statements of RSPL 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 RSPL is 09AADCS7820A1ZL, registered in Uttar Pradesh. The company has 30 GST registrations in all, of which 24 are active and 6 are cancelled or inactive. Other active GSTINs include 09AADCS7820A2ZK (Uttar Pradesh), 09AADCS7820A1CW (Uttar Pradesh), 09AADCS7820A4ZI (Uttar Pradesh).
The CIN (Corporate Identification Number) of RSPL is U15111UP1988PLC009771. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RSPL has 701 court cases on record: 275 filed by the company and 426 filed against it. 200 are pending. Most are in the district courts.
RSPL was incorporated on 22 June 1988, making it 38+ years old. It is registered with the Registrar of Companies, Kanpur.
RSPL has 7 deals on record (7 secondary share transfers); the latest was in November 2023.
The peers of RSPL by revenue are Nirma Limited, Jyothy Labs Limited, Karnataka Soaps and Detergents Limited, Unilever India Limited, Fena Private Limited and 1 more, all in the FMCG industry (Soaps and Detergents), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Renuka Gulati was appointed as Additional Director on 01 Jan 2026. Sushil Kumar Bajpai was appointed as Whole-Time Director on 22 Jul 2025. Rajinder Pal Singh was appointed as Director on 26 May 2025. RSPL has 20 board changes on record in total.
RSPL has 13 MSME Form 1 returns on record between 2019 and 2023, listing 918 overdue payments to 163 micro and small suppliers. The latest return was filed on 30 Oct 2023.
RSPL can be reached through the website rsplgroup.com. Its registered office is in Kanpur, Uttar Pradesh, India.