Quality Ro Industries Limited - environment in Vadodara, Gujarat, India. FY 2026 financials & compliance.
CIN L29308GJ2021PLC126004 Incorporated 30 September 2021 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed - BSE: 543460 Public Limited Company environment MSME · Small
Data last updated
Market Cap
₹7.89 Cr
QRIL · BSE
Share Price
₹30.95
0.00% today
Revenue
₹15.70 Cr
FY 2025-26 · -1.9% YoY
EBITDA
₹0.38 Cr
Margin 2.4%
Net Profit
−₹0.40 Cr
FY 2025-26 · -123.3% YoY
ROE
-3.4%
ROCE 0.5%
Debt / Equity
0.59
Interest cover 1,800.0x
Authorised capital
₹3.5 Cr
Registered with MCA

About Quality Ro Industries Limited

Data last updated:

Quality Ro Industries Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the water treatment segment of the environmental services sector. It was incorporated on 30 September 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L29308GJ2021PLC126004. Its GSTIN is 24AAACQ7739F1ZE (Gujarat). It is a listed company as per MCA records. Its shares are listed on BSE: 543460.

The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors including Vivek Dholiya (Managing Director) and Damini Vivek Dholiya (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 2026. The registered office is at Plot No. 09 Por Industrial Park NH 08 Behind Sahayog Hotel Village Por, Vadodara, Gujarat, India – 391243.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹15.7 Cr, a decline of 1.9% compared to the previous year. For the same year it recorded a net loss of ₹40 Lakh (net margin -2.5%) and EBITDA of ₹38 Lakh (EBITDA margin 2.4%). The net worth stands at ₹11.15 Cr (down 3.1% YoY). Total assets are valued at ₹18.2 Cr (up 1.7% YoY).

The company is associated with 1 brand: Quality RO Industries. As per MCA filings, the company has open charges of ₹11.94 Cr on record. The company has 23 deals on record (19 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.15 Cr; the latest was in May 2023.

Quality Ro Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0068103). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qualityro.in.

Company details

CIN L29308GJ2021PLC126004
Registration Number 126004
Incorporation Date 30 September 2021
ROC Ahmedabad
Listing Status Listed - Listed on BSE (543460)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0068103

CIN history

Quality Ro Industries has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L29308GJ2021PLC126004, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L29308GJ2021PLC126004Current
U29308GJ2021PLC126004Previous
U29308GJ2021PTC126004Previous

Recognitions & Rankings of Quality Ro Industries

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-24-0068103

Contact details

Quality Ro Industries Limited's registered office is in Vadodara, Gujarat. Its website is qualityro.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 09 Por Industrial Park NH 08 Behind Sahayog Hotel Village Por, Vadodara, Gujarat, India – 391243
  • Industry
    Environment, Water Treatment

To see the full contact details of Quality Ro Industries Limited, buy the company report.

Comprehensive company report
Quality Ro Industries 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

Quality Ro Industries operates one associated brand: Quality RO Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Polypropylene raw materials are manufactured and supplied globally.qualityro.in

Business activity

The main business activities of Quality Ro Industries are manufacturing and transport and storage. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and land transport via road. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products
HTransport and storageH1Land Transport via Road

To see the full business activity and turnover split of Quality Ro Industries Limited, buy the company report.

Financials of Quality Ro Industries Limited

FY 2025-26 filings available

Quality Ro Industries Limited reported revenue of ₹15.7 Cr (down 1.9% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹15.70 Cr
-1.9% YoY
EBITDA
₹0.38 Cr
-88.1% YoY
Profit After Tax
−₹0.40 Cr
-123.3% YoY
Net Worth
₹11.15 Cr
-3.1% YoY
Total Assets
₹18.20 Cr
+1.7% YoY
Total Debt
₹7.05 Cr
+10.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue15.7016.0013.225.52
Revenue growth-1.9%+21.0%+139.5%-
EBITDA0.383.202.570.72
EBITDA margin+2.4%+20.0%+19.4%+13.0%
Profit before tax(0.64)2.312.03(0.05)
Net profit(0.40)1.721.55(0.02)
Net profit margin-2.6%+10.8%+11.7%-0.4%
EPS (₹)(1.54)6.776.11(0.07)
Balance sheet
Total assets18.2017.9011.8510.64
Net worth11.1511.519.798.23
Total debt7.056.392.062.41
Cash & bank0.411.171.204.58
Net working capital13.0412.729.618.34
Cash flow
Cash from operations(0.68)(3.93)(1.93)(1.67)
Cash from investing(0.03)0.023.150.07
Cash from financing(0.05)3.88(0.49)4.24
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22Nov 2021
Income statement
Revenue11.8112.9911.785.520.970.17
Revenue growth-9.1%+10.3%+113.4%+469.1%--
EBITDA(0.42)2.762.400.710.240.05
EBITDA margin-3.6%+21.3%+20.4%+12.9%+24.7%+29.4%
Profit before tax(0.97)2.071.97(0.06)0.120.03
Net profit(0.73)1.481.49(0.03)0.160.02
Net profit margin-6.2%+11.4%+12.7%-0.5%+16.5%+11.8%
EPS (₹)(2.83)5.795.78(0.07)1.540.63
Balance sheet
Total assets12.6813.3611.7710.646.25-
Net worth10.4611.189.708.233.91-
Total debt2.222.182.062.402.34-
Cash & bank0.220.990.650.471.93-
Net working capital5.966.564.446.603.27-
Cash flow
Cash from operations(0.52)0.440.930.03(1.11)-
Cash from investing(0.03)0.03(0.24)(5.74)(3.04)-
Cash from financing(0.21)(0.14)(0.50)4.246.08-

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 10 Nov 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue15.7016.0013.225.52
Revenue growth-1.9%+21.0%+139.5%-
Other income0.040.030.140.08
Total expenses15.3212.8010.654.80
Employee cost0.170.820.030.04
EBITDA0.383.202.570.72
EBITDA margin+2.4%+20.0%+19.4%+13.0%
Depreciation0.340.470.500.69
Interest0.720.450.180.16
Profit before tax(0.64)2.312.03(0.05)
Tax(0.24)0.590.48(0.03)
Net profit(0.40)1.721.55(0.02)
Net profit margin-2.6%+10.8%+11.7%-0.4%
EPS (₹)(1.54)6.776.11(0.07)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital2.552.552.552.55
Reserves & surplus8.608.967.245.68
Shareholders' funds (net worth)11.1511.519.798.23
Minority interest0.000.000.000.00
Secured loans2.222.181.552.40
Unsecured loans4.834.210.510.01
Total debt7.056.392.062.41
Total liabilities18.2017.9011.8510.64
Assets
Gross block3.473.473.462.99
Net block1.331.662.122.16
Capital work in progress0.000.000.000.00
Investments0.000.000.000.00
Inventories9.178.424.720.42
Sundry debtors4.133.473.201.64
Cash & bank balances0.411.171.204.58
Loans & advances1.431.344.032.26
Total current assets15.1414.4013.158.90
Total current liabilities2.101.683.540.56
Net working capital13.0412.729.618.34
Total assets18.2017.9011.8510.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash1.171.200.471.93
Net cash from operating activities(0.68)(3.93)(1.93)(1.67)
Net cash from investing activities(0.03)0.023.150.07
Net cash from financing activities(0.05)3.88(0.49)4.24
Net change in cash(0.76)(0.03)0.732.65
Closing cash0.411.171.204.58
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth-1.9%+21.0%+139.5%-
EBITDA growth-88.1%+24.5%+256.9%-
PBT growth-+13.8%+9998.0%+9997.0%
Net income growth-123.3%+11.0%+7850.0%-
Revenue CAGR (3Y)+41.7%---
EBITDA CAGR (3Y)-19.2%---
Profitability & leverage
Net income margin-2.6%+10.8%+11.7%-0.4%
Return on capital employed+0.5%+18.6%+19.7%+1.0%
Return on net worth-3.4%+16.2%+17.3%-0.2%
Debt / equity0.590.400.250.29
Long-term debt / equity0.420.270.120.13
Interest cover1,800.0016.488.70533.33
Efficiency & per share
Fixed asset turnover4.524.624.101.85
Inventory turnover1.792.445.1413.14
Debtors turnover4.134.805.463.37
EPS (₹)(1.54)6.776.11(0.07)
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)43.7145.1538.3832.27
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22Nov 2021
Revenue11.8112.9911.785.520.970.17
Revenue growth-9.1%+10.3%+113.4%+469.1%--
Other income0.040.030.230.070.040.00
Total expenses12.2310.239.384.810.730.12
Employee cost0.020.020.020.040.020.00
EBITDA(0.42)2.762.400.710.240.05
EBITDA margin-3.6%+21.3%+20.4%+12.9%+24.7%+29.4%
Depreciation0.340.470.500.690.140.02
Interest0.250.250.160.150.020.00
Profit before tax(0.97)2.071.97(0.06)0.120.03
Tax(0.24)0.590.48(0.03)(0.04)0.01
Net profit(0.73)1.481.49(0.03)0.160.02
Net profit margin-6.2%+11.4%+12.7%-0.5%+16.5%+11.8%
EPS (₹)(2.83)5.795.78(0.07)1.540.63
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22Nov 2021
Equity & liabilities
Share capital2.552.552.552.551.93-
Reserves & surplus7.918.637.155.681.98-
Shareholders' funds (net worth)10.4611.189.708.233.91-
Secured loans2.222.181.552.152.33-
Unsecured loans0.000.000.510.250.01-
Total debt2.222.182.062.402.34-
Total liabilities12.6813.3611.7710.646.25-
Assets
Gross block3.463.463.462.992.99-
Net block1.321.662.122.162.85-
Capital work in progress0.000.000.000.000.00-
Investments5.105.105.101.700.00-
Inventories4.433.240.670.420.56-
Sundry debtors1.632.001.851.630.38-
Cash & bank balances0.220.990.650.471.93-
Loans & advances0.691.321.814.620.60-
Total current assets6.977.554.987.143.47-
Total current liabilities1.010.990.540.540.20-
Net working capital5.966.564.446.603.27-
Total assets12.6813.3611.7710.646.25-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22Nov 2021
Opening cash0.990.650.471.930.00-
Net cash from operating activities(0.52)0.440.930.03(1.11)-
Net cash from investing activities(0.03)0.03(0.24)(5.74)(3.04)-
Net cash from financing activities(0.21)(0.14)(0.50)4.246.08-
Net change in cash(0.77)0.340.19(1.47)1.93-
Closing cash0.220.990.650.471.93-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22Nov 2021
Growth
Sales growth-9.1%+10.3%+113.4%+469.1%--
EBITDA growth-115.2%+15.0%+238.0%+195.8%--
PBT growth-+5.1%+9998.0%-+9997.0%+9997.0%
Net income growth-149.3%-0.7%+5066.7%-118.8%--
Revenue CAGR (3Y)+28.9%+137.5%+444.9%---
EBITDA CAGR (3Y)-+125.7%+370.4%---
Profitability & leverage
Net income margin-6.2%+11.4%+12.7%-0.5%+16.5%+11.8%
Return on capital employed-5.5%+18.5%+18.8%+1.2%+3.8%+5.7%
Return on net worth-6.7%+14.2%+16.4%-0.3%+7.7%+3.8%
Debt / equity0.200.200.250.390.600.34
Long-term debt / equity0.030.080.130.220.380.23
Interest cover-32.8910.928.42750.0020.000.00
Efficiency & per share
Fixed asset turnover3.413.753.651.850.650.90
Inventory turnover3.086.6421.6111.273.462.04
Debtors turnover6.516.756.775.495.116.00
EPS (₹)(2.83)5.795.78(0.07)1.540.63
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)41.0243.8438.0532.2720.2511.31

To see the full year-wise statements and ratios of Quality Ro Industries Limited, buy the company report.

Board of directors of Quality Ro Industries Limited

Quality Ro Industries has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ankit Jagdishbhai KansaraDirector29 Nov 20214 Years 11 MonthsCurrent
Damini Vivek DholiyaWhole-Time Director30 Sep 20215 Years 1 MonthsCurrent
Shirish Amrutlal KotadiaDirector14 Dec 20214 Years 10 MonthsCurrent
Vivek DholiyaManaging Director30 Sep 20215 Years 1 MonthsCurrent
Aayush Kumar BharodiyaDirector03 Sep 20251 Years 2 MonthsCurrent

Auditor

Quality Ro Industries Limited is audited by A Y & Company for the financial year 2023.

Auditor firmFinancial yearFirm registration number
A Y & CompanyFY 2023020829C

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 47.60%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 52.40%.

Promoters: 47.60%Retail & Others: 52.40%
Sep 2026
QUARTER
47.60% Promoters
52.40% Retail & Others
Promoter holding - history
Now 47.60% · Sep 2026High 48.10% · Dec 2025Low 47.60% · Jun 2026
46%47%48%49%50%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 48.10%Mar 2026: 48.10%Jun 2026: 47.60%Sep 2026: 47.60%48.10%47.60%47.60%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters47.60%47.60%48.10%48.10%
Public52.40%52.40%51.90%51.90%

Charges & borrowings

Open charges
₹11.94 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹10.58 Cr
Hdfc Bank Limited₹1.36 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2025101065696Others₹58.46 LakhOpen
11 Sep 2024100991642Others₹10 CrOpen
13 Mar 2022100550295Hdfc Bank Limited₹1.36 CrOpen

Total charge records: 3 View all charges

Deals & funding

Quality Ro Industries Limited has 23 deals on record (19 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.15 Cr; the latest was in May 2023.

Total deals
23
Market trades
19
Funding rounds
2
Rights issue
1
IPO
1
Disclosed funding
₹1.15 Cr

Deals on record (5 of 23)

WhenDealAmountParties
Apr 2023Market trade₹24.2 LakhBuyer: Shreni Shares Limited , an individual
Seller: Shreni Shares Limited
Feb 2023Market trade₹50.5 LakhBuyer: Shreni Shares Limited , an individual
Seller: Shreni Shares Limited
Feb 2023Market trade₹49.3 LakhBuyer: Shreni Shares Limited , an individual
Seller: Shreni Shares Limited
Feb 2023Market trade₹30.4 LakhBuyer: Shreni Shares Limited , an individual
Seller: Shreni Shares Limited
Jan 2023Market trade₹47.4 LakhBuyer: Shreni Shares Limited , 2 individuals
Seller: Shreni Shares Limited

To see the full deal history of Quality Ro Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Quality Ro Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Quality Ro Industries Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

Quality Ro Industries has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACQ7739F1ZEGujaratActive28 Oct 2021

To see the full GST registrations and return filing status of Quality Ro Industries Limited, buy the company report.

Recent activity

Quality Ro Industries Limited has 7 board changes on record since 2021: 6 appointments and 1 cessation. The latest: Pankil Anilbhai Gandhi ceased to be Director on 01 Oct 2025.

Filing
Quality Ro Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Ceased
Pankil Anilbhai Gandhi ceased to be Director.
AGM
Quality Ro Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Aayush Kumar Bharodiya was appointed as Director.
Charges
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 101065696 was registered on 20 Mar 2025.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100991642 was registered on 11 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.36 Cr with Charge ID 100550295 was registered on 13 Mar 2022.
Appointed
Pankil Anilbhai Gandhi was appointed as Director.
Appointed
Shirish Amrutlal Kotadia was appointed as Director.
Appointed
Ankit Jagdishbhai Kansara was appointed as Director.
Appointed
Damini Vivek Dholiya was appointed as Whole-Time Director.
Appointed
Vivek Dholiya was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Quality Ro Industries is an active public limited company based in Vadodara, Gujarat, India. The company works in water treatment, within the environment industry. It was incorporated on 30 September 2021 (5+ years old) and is registered under CIN L29308GJ2021PLC126004. Listed on BSE: 543460.

Quality Ro Industries reported revenue of ₹15.7 Cr for FY 2025-26 (down 1.9% YoY) based on consolidated financials.

Quality Ro Industries has 5 current directors:

The latest financial statements of Quality Ro Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Quality Ro Industries is 24AAACQ7739F1ZE, registered in Gujarat.

The CIN (Corporate Identification Number) of Quality Ro Industries is L29308GJ2021PLC126004. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Quality Ro Industries is a listed company as per MCA records. Its shares are listed on BSE (code: 543460).

Quality Ro Industries was incorporated on 30 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Quality Ro Industries has 23 deals on record (19 market trades, 2 funding rounds, 1 rights issue), with disclosed funding of ₹1.15 Cr; the latest was in May 2023.

Pankil Anilbhai Gandhi ceased to be Director on 01 Oct 2025. Aayush Kumar Bharodiya was appointed as Director on 03 Sep 2025. Pankil Anilbhai Gandhi was appointed as Director on 14 Dec 2021. Quality Ro Industries has 7 board changes on record in total.