About Q-Railing India Private Limited
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Q-Railing India Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Q-Railing Central Europe Gmbh. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 19 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1999PTC122712. Its GSTIN is 27AAACD9871H1ZC (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹12.95 Cr and a paid-up capital of ₹12.89 Cr. It was formerly known as Carl F International Private Limited and Carl F India Private Limited. It is led by directors including Maheshkumar Gajanan Teli and Ronald Wouter Guliker.
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 301 United Business Park Wagle Estate Opp. Old Passport Office Thane West, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.94 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹1.56 Cr (net margin 14.3%) and EBITDA of ₹1.89 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 69% over three years and 21% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Q-railing. As per MCA filings, the company has open charges of ₹2.2 Cr and satisfied charges of ₹6.25 Cr on record. Court records list 23 cases involving the company, including 17 filed by the company and 6 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 rights issues); the latest was in April 2019. Its 6 peer companies in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Kedaar Stainless India Private Limited with revenue of ₹10.99 Cr. The company has 6 MSME Form 1 returns on record between 2017 and 2019, listing 134 overdue payments to 6 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 q-railing.com.
Company details
Name history
Q-Railing India has undergone 3 name changes throughout its history. The company was previously known as Carl F International Private Limited, Carl F India Private Limited, and D Line India Private Limited. The current legal name is Q-Railing India Private Limited.
| Company Name | Status |
|---|---|
| Q-Railing India Private Limited | Current |
| Carl F International Private Limited | Previous |
| Carl F India Private Limited | Previous |
| D Line India Private Limited | Previous |
Contact details
Q-Railing India Private Limited's registered office is in Thane, Maharashtra. Its website is q-railing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 United Business Park Wagle Estate Opp. Old Passport Office Thane West, Maharashtra, India – 400604
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Q-Railing India Private 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
Q-Railing India operates one associated brand: Q-railing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers high-grade glass balustrades, balcony railings, and stair handrails with modular designs. | q-railing.com |
Business activity
The main business activity of Q-Railing India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Q-Railing India Private Limited, buy the company report.
Financials of Q-Railing India Private Limited
FY 2025 filings availableQ-Railing India Private Limited reported revenue of ₹10.94 Cr (up 61% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 61% growth in the latest year. EBITDA rose 86% 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 | ₹1.89 Cr | ||||
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| Net Profit (PAT) | ₹1.56 Cr | ||||
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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 | 17.3% | ||||
| Net Profit Margin | 14.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Q-Railing India Private Limited, buy the company report.
Board of directors of Q-Railing India Private Limited
Q-Railing India has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maheshkumar Gajanan Teli | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
| Ronald Wouter Guliker | Director | 16 Mar 2012 | 14 Years 7 Months | Current |
| Sean Michael Bartlett | Director | 29 Nov 2014 | 11 Years 10 Months | Current |
Peer comparison
Q-Railing India Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kedaar Stainless India Private Limited | ₹10.99 Cr (FY 2024) | 1049.0% | Delhi, India | |||
| Sri Yashoda Steels Trading Private Limited | ₹10.98 Cr (FY 2024) | -55.0% | Guwahati, Assam, India | |||
| Alliance Interlink Private Limited | ₹10.95 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India | |||
| Q-Railing India Private Limitedthis company | ₹10.94 Cr (FY 2025) | ₹1.56 Cr | 14.3% | 61.0% | 5 | Thane, Maharashtra, India |
| Shreehari Steelex Private Limited | ₹10.9 Cr (FY 2025) | 21.0% | Bhubaneswar, Odisha, India | |||
| DD Ispat Udyog Private Limited | ₹10.88 Cr (FY 2025) | 16.0% | Howrah, West Bengal, India | |||
| Arunprabha Enterprises Private Limited | ₹10.88 Cr (FY 2024) | 4178.0% | Muzaffarnagar, Uttar Pradesh, India |
To see the full peer comparison of Q-Railing India Private Limited, buy the company report.
Auditor
Q-Railing India Private Limited is audited by N J MAHTANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N J MAHTANI & CO | FY 2023 | 0124930W |
Shareholding
The shareholding of Q-Railing India Private 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Q-Railing India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jul 2014 | 10516904 | Icici Bank Limited | ₹2.2 Cr | Open | |
| 29 Jul 2010 | 10234914 | Yes Bank Limited | ₹6.25 Cr | Satisfied |
To see the full charge records of Q-Railing India Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Q-Railing India Private Limited has 7 deals on record (4 secondary share transfers, 3 rights issues); the latest was in April 2019.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2019 | Rights issue | ₹5.5 Cr | Investors: Q Railing Central Europe GMBH |
| Aug 2017 | Rights issue | ₹1.49 Cr | Investors: Q Railing Central Europe GMBH |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Q Railing Central Europe GMBH & Vijay Sawant Seller: Q Railing Central Europe GMBH & Laxmikant Gawde |
| Oct 2013 | Rights issue | ₹3.76 Cr | Investors: Q Railing Central Europe GMBH |
| Oct 2013 | Secondary share transfer | Undisclosed | Buyer: Q Railing Central Europe GMBH & Laxmikant Gawde Seller: Q Railing Central Europe GMBH & Kathuria Jawahar Renu |
To see the full deal history of Q-Railing India Private 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
Q-Railing India Private Limited has 23 court cases on record: 17 filed by Q-Railing India, 6 filed against it. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 6 | 0 |
| High courts | 8 | 0 | 2 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against Solar Designs Pvt. Ltd. | Pending |
| Bombay High Court | Court case (ARP) | Filed by the company against M/S. Trans Tech Turnkey Private Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against M/S. Trans Tech Turnkey Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S Divine Infracon Pvt Ltd | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against M/S Divine Infracon Pvt Ltd | Disposed |
To see the full case history of Q-Railing India 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
Q-Railing India Private Limited has 6 MSME Form 1 returns on record between 2017 and 2019, listing 134 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Matrix Solution |
To see the full MSME payment records of Q-Railing India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Q-Railing India Private Limited has a workforce of 5 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Q-Railing India has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACD9871H1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Q-Railing India Private Limited, buy the company report.
Recent activity
Q-Railing India Private Limited has 13 board changes on record since 2009: 3 appointments and 10 cessations. The latest: Maheshkumar Gajanan Teli ceased to be Additional Director on 16 Dec 2019.
8 earlier events are in the company report.
News
Frequently asked questions
Q-Railing India is an active private limited company based in Thane, Maharashtra, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 19 November 1999 (27+ years old) and is registered under CIN U27100MH1999PTC122712.
Q-Railing India has 3 current directors:
- Maheshkumar Gajanan Teli - Director
- Ronald Wouter Guliker - Director
- Sean Michael Bartlett - Director
The latest financial statements of Q-Railing India 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 Q-Railing India is 27AAACD9871H1ZC, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Q-Railing India is U27100MH1999PTC122712. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Q-Railing India has 23 court cases on record: 17 filed by the company and 6 filed against it. 2 are pending. Most are in the district courts.
Q-Railing India was incorporated on 19 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
Q-Railing India has 7 deals on record (4 secondary share transfers, 3 rights issues); the latest was in April 2019.
The peers of Q-Railing India by revenue are Kedaar Stainless India Private Limited, Sri Yashoda Steels Trading Private Limited, Alliance Interlink Private Limited, Shreehari Steelex Private Limited, DD Ispat Udyog Private Limited and 1 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Maheshkumar Gajanan Teli ceased to be Additional Director on 16 Dec 2019. Maheshkumar Gajanan Teli was appointed as Director on 11 Jun 2019. Vijay Sawant ceased to be Additional Director on 30 Sep 2016. Q-Railing India has 13 board changes on record in total.
Q-Railing India has 6 MSME Form 1 returns on record between 2017 and 2019, listing 134 overdue payments to 6 micro and small suppliers. The latest return was filed on 01 Nov 2019.
Q-Railing India can be reached through the website q-railing.com. Its registered office is in Thane, Maharashtra, India.