Quality Ro Industries Limited

Quality Ro Industries Limited - environment in Vadodara, Gujarat, India. FY 2026 financials and compliance.
CIN L29308GJ2021PLC126004 Incorporated 30 September 2021 ROC Ahmedabad HQ Vadodara, Gujarat, India
Active Listed Public Limited Company environment
Data last updated
Revenue · FY 2026
₹15.7 Cr
▼ 1.92% YoY
EBITDA · FY 2026
*****
In full report
Net profit · FY 2026
-₹39.31 Lakh
▼ 122.76% YoY
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.55 Cr
Issued & subscribed
Open charges
₹11.94 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Last financials
Mar 2025
Balance sheet date

About Quality Ro Industries Limited

Data last updated: 22 December 2025

Quality Ro Industries Limited is a public limited company based in Vadodara, Gujarat, India. It specialises in water treatment, a part of the broader environmental services sector. Incorporated on 30 September 2021, the company has been in operation for over 5 years.

Registered with ROC Ahmedabad under CIN L29308GJ2021PLC126004. Listed.

Capital: an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.55 Cr. It is led by directors including Pankil Anilbhai Gandhi and Shirish Amrutlal Kotadia.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. 09 Por Industrial Park Nh 08 Behind Sahayog Hotel Village Por, Vadodara, Gujarat, India – 391243.

As per the financials filed for FY 2025, the company reported a revenue of ₹16.04 Cr, a growth of 20% compared to the previous year.

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 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 of Quality Ro Industries Limited
CIN L29308GJ2021PLC126004
Registration Number 126004
Incorporation Date 30 September 2021
ROC Ahmedabad
Listing Status Listed
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
  • Social Media
    **************
  • Registered Address
    Plot No. 09 Por Industrial Park Nh 08 Behind Sahayog Hotel Village Por, Vadodara, Gujarat, India – 391243
  • Industry
    Environment, Water Treatment
Company report
Quality Ro Industries Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Quality Ro Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Quality Ro Industries Limited

Quality Ro Industries Limited 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.

CIN Status
L29308GJ2021PLC126004 Current
U29308GJ2021PLC126004 Previous
U29308GJ2021PTC126004 Previous

Associated Brands with Quality Ro Industries Limited

Quality Ro Industries Limited operates one associated brand: Quality RO Industries. These brands represent Quality Ro Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Polypropylene raw materials are manufactured and supplied globally. qualityro.in

Business Activity of Quality Ro Industries Limited

Quality Ro Industries Limited is engaged in principal business activities including manufacturing and transport and storage, with detailed activities including plastic products, non-metallic mineral products, rubber products, fabricated metal products, land transport via road. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C8 Plastic products, non-metallic mineral products, rubber products, fabricated metal products *********
H Transport and storage H1 Land Transport via Road *********

Auditor Details of Quality Ro Industries Limited

Quality Ro Industries Limited is audited by M/S Panchal Sk & Associates (ICAI peer reviewed, certificate valid till 2027-09-30) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
M/S Panchal Sk & Associates (ICAI peer reviewed, certificate valid till 2027-09-30) FY 2026 Declaration of unmodified opinion

Board of Directors of Quality Ro Industries Limited

Quality Ro Industries Limited is currently managed by 8 directors, with 7 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Pankil Anilbhai Gandhi Director 14 Dec 2021 4 Years 6 Months Current
Shirish Amrutlal Kotadia Director 14 Dec 2021 4 Years 6 Months Current
Ankit Jagdishbhai Kansara Director 29 Nov 2021 4 Years 7 Months Current
Vivek Dholiya Managing Director 30 Sep 2021 4 Years 9 Months Current
Damini Dholiya Whole-Time Director 30 Sep 2021 4 Years 9 Months Current
Aayush Kumar Bharodiya Director 03 Sep 2025 0 Years 10 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Quality Ro Industries Limited FY 2026 filings available

Quality Ro Industries Limited reported revenue of ₹15.7 Cr (down 1.92% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹15.7 Cr ▼ 1.92%
Profit · FY 2026
-₹39.31 Lakh ▼ 122.76%
Revenue₹ Cr · Consolidated01020FY 2023: ₹6 Cr5.5FY 2023FY 2024: ₹13 Cr · +139.5% YoY13.2+139.5%FY 2024FY 2025: ₹16 Cr · +21% YoY16+21%FY 2025FY 2026: ₹16 Cr · -1.9% YoY15.7-1.9%FY 2026
Net Profit₹ Cr · Consolidated-1012FY 2023: ₹0 Cr (loss)-0FY 2023FY 2024: ₹2 Cr · +8561.4% YoY1.6+8561.4%FY 2024FY 2025: ₹2 Cr · +10.9% YoY1.7+10.9%FY 2025FY 2026: ₹0 Cr (loss) · -122.8% YoY-0.4FY 2026
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Revenue from Operations ₹15.7 Cr ₹16 Cr ₹13.22 Cr ₹5.52 Cr
Other Income ₹3.72 Lakh ₹3.24 Lakh ₹14 Lakh ₹7.69 Lakh
Total Income ₹15.73 Cr ₹16.04 Cr - -
Cost of Materials Consumed ₹13.14 Cr ₹12.9 Cr ₹9.32 Cr ₹2.99 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹75.54 Lakh -₹2.65 Cr -₹17.89 Lakh ₹16.56 Lakh
Employee Benefit Expense ₹29.32 Lakh ₹93.89 Lakh ₹15.03 Lakh ₹16.8 Lakh
Finance Costs ₹71.57 Lakh ₹44.16 Lakh ₹15.12 Lakh ₹16.32 Lakh
Other Expenses ₹2.64 Cr ₹1.62 Cr ₹1.38 Cr ₹1.47 Cr
Total Expenses ₹16.37 Cr ₹13.72 Cr ₹11.32 Cr ₹5.64 Cr
Profit Before Tax -₹63.56 Lakh ₹2.32 Cr ₹2.04 Cr -₹4.57 Lakh
Total Tax Expense -₹24.25 Lakh ₹59.35 Lakh ₹48.07 Lakh -₹2.73 Lakh
Net Profit -₹39.31 Lakh ₹1.73 Cr ₹1.56 Cr -₹1.84 Lakh
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹20.3 Cr ₹19.59 Cr ₹15.39 Cr ₹11.2 Cr
Non-current Assets ₹5.16 Cr ₹5.18 Cr ₹2.24 Cr ₹2.29 Cr
Current Assets ₹15.14 Cr ₹14.41 Cr ₹13.15 Cr ₹8.91 Cr
Property, Plant & Equipment ₹1.33 Cr ₹1.66 Cr - -
Inventories ₹9.17 Cr ₹8.42 Cr ₹4.72 Cr ₹42.46 Lakh
Cash & Equivalents ₹41.22 Lakh ₹1.17 Cr ₹1.2 Cr ₹4.58 Cr
Equity (Net Worth) ₹11.15 Cr ₹11.51 Cr - -
Current Liabilities ₹4.29 Cr ₹3.35 Cr ₹4.52 Cr ₹1.92 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Operating Cash Flow -₹67.81 Lakh -₹3.93 Cr -₹1.93 Cr -₹1.67 Cr
Investing Cash Flow -₹3.24 Lakh ₹2.46 Lakh ₹3.15 Cr ₹7.22 Lakh
Financing Cash Flow -₹5.08 Lakh ₹3.88 Cr -₹49.1 Lakh ₹4.24 Cr
Capital Expenditure ₹0 ₹73,000 - -
Free Cash Flow (computed) -₹67.81 Lakh -₹3.94 Cr - -
Dividends Paid ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹76.13 Lakh -₹2.87 Lakh ₹73.44 Lakh ₹2.65 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
RO Products ₹2.8 Cr ₹0 - -
Transport income ₹9.01 Cr ₹0 - -
Realty sector ₹3.89 Cr ₹32.98 Lakh - -
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Revenue from Operations ₹11.81 Cr ₹12.99 Cr ₹11.78 Cr ₹5.52 Cr ₹97.35 Lakh
Other Income ₹3.61 Lakh ₹3.24 Lakh ₹22.62 Lakh ₹7.69 Lakh ₹3.97 Lakh
Total Income ₹11.84 Cr ₹13.02 Cr - - -
Cost of Materials Consumed ₹12 Cr ₹11.42 Cr ₹8.12 Cr ₹2.99 Cr ₹74.59 Lakh
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹1.19 Cr -₹2.65 Cr -₹17.89 Lakh ₹16.56 Lakh -₹32.5 Lakh
Employee Benefit Expense ₹13.8 Lakh ₹13.64 Lakh ₹13.65 Lakh ₹16.8 Lakh ₹6.89 Lakh
Finance Costs ₹24.66 Lakh ₹24.29 Lakh ₹13.67 Lakh ₹16.32 Lakh ₹2.15 Lakh
Other Expenses ₹1.28 Cr ₹1.34 Cr ₹1.33 Cr ₹1.47 Cr ₹25.37 Lakh
Total Expenses ₹12.81 Cr ₹10.95 Cr ₹10.05 Cr ₹5.64 Cr ₹90.92 Lakh
Profit Before Tax -₹96.36 Lakh ₹2.07 Cr ₹1.95 Cr -₹4.57 Lakh ₹10.4 Lakh
Total Tax Expense -₹24.25 Lakh ₹59.35 Lakh ₹48.07 Lakh -₹2.73 Lakh -₹4.5 Lakh
Net Profit -₹72.11 Lakh ₹1.48 Cr ₹1.47 Cr -₹1.84 Lakh ₹14.9 Lakh
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Total Assets ₹13.69 Cr ₹14.36 Cr ₹12.31 Cr ₹11.19 Cr ₹6.45 Cr
Non-current Assets ₹6.72 Cr ₹6.81 Cr ₹7.33 Cr ₹3.99 Cr ₹2.97 Cr
Current Assets ₹6.97 Cr ₹7.55 Cr ₹4.98 Cr ₹7.2 Cr ₹3.48 Cr
Property, Plant & Equipment ₹1.32 Cr ₹1.66 Cr - - -
Inventories ₹4.43 Cr ₹3.24 Cr ₹66.59 Lakh ₹42.46 Lakh ₹56.49 Lakh
Cash & Equivalents ₹22.22 Lakh ₹98.77 Lakh ₹65.25 Lakh ₹4.58 Cr ₹1.93 Cr
Equity (Net Worth) ₹10.46 Cr ₹11.18 Cr - - -
Current Liabilities ₹3.2 Cr ₹2.66 Cr ₹1.53 Cr ₹1.92 Cr ₹1.06 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023 FY 2022
Operating Cash Flow -₹52.35 Lakh ₹43.21 Lakh ₹98.23 Lakh ₹3.38 Lakh -₹1.17 Cr
Investing Cash Flow -₹3.24 Lakh ₹2.9 Lakh -₹24.15 Lakh -₹1.63 Cr -₹2.98 Cr
Financing Cash Flow -₹20.96 Lakh -₹12.6 Lakh -₹55.5 Lakh ₹4.24 Cr ₹6.08 Cr
Capital Expenditure ₹0 ₹29,000 - - -
Free Cash Flow (computed) -₹52.35 Lakh ₹42.92 Lakh - - -
Dividends Paid ₹0 ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹76.55 Lakh ₹33.51 Lakh ₹18.58 Lakh ₹2.65 Cr ₹1.93 Cr
Segment · FY 2026 (annual) Revenue Result (PBIT) Assets Liabilities
RO Products ₹2.8 Cr ₹0 - -
Transport income ₹9.01 Cr ₹0 - -
Realty sector ₹0 ₹0 - -
Want more history and ratios?
You're viewing the latest exchange-filed financials for Quality Ro Industries Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Quality Ro Industries Limited

As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 47.58%, retail and other public shareholders hold 52.42% of Quality Ro Industries Limited. The company had 112 shareholders on record.

Promoters: 47.58%Retail & Others: 52.42%
Mar 2026
QUARTER
47.58% Promoters
52.42% Retail & Others
Promoter holding - history
Now 47.58% · Mar 2026High 63.62% · Mar 2023Low 47.58% · Sep 2025
46%50.8%55.5%60.3%65%Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Mar 2022: 60.93%Sep 2022: 63.52%Mar 2023: 63.62%Sep 2023: 48.15%Mar 2024: 48.15%Sep 2024: 48.07%Mar 2025: 48.07%Sep 2025: 47.58%Mar 2026: 47.58%63.62%47.58%47.58%
Shareholding trend - last 6 quarters
Mar 2026Sep 2025Mar 2025Sep 2024Mar 2024Sep 2023
Promoters47.58%47.58%48.07%48.07%48.15%48.15%
Public52.42%52.42%51.93%51.93%51.85%51.85%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Promoters47.58%48.07%48.15%63.62%60.93%
Public52.42%51.93%51.85%36.38%39.07%
Promoter change (YoY, %pts)-0.49-0.08-15.47+2.69-

Charges & Borrowings of Quality Ro Industries Limited

Open charges
₹11.94 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Others₹10.58 Cr
Hdfc Bank Limited₹1.36 Cr
Latest charge details
DateLenderAmountStatus
20 Mar 2025 Others ₹58.46 Lakh Open
11 Sep 2024 Others ₹10 Cr Open
13 Mar 2022 Hdfc Bank Limited ₹1.36 Cr Open

Total charge records: 3 View all charges

Employees and EPFO Compliance at Quality Ro Industries Limited

Quality Ro Industries Limited has a workforce of 0 employees as of Apr 06, 2024.

Active EPFO establishments
1
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Quality Ro Industries Limited

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Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Quality Ro Industries Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Quality Ro Industries Limited

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GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Quality Ro Industries Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Quality Ro Industries Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Quality Ro Industries Limited

MSME Payment Delays by Quality Ro Industries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Quality Ro Industries Limited

Subsidiaries & Group Companies of Quality Ro Industries Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Quality Ro Industries Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Quality Ro Industries Limited

MCA Filings & Documents of Quality Ro Industries Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Quality Ro Industries Limited

Activity
30 Sep 2025
Quality Ro Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Directors
03 Sep 2025
Aayush Kumar Bharodiya was appointed as a Director on 03 Sep 2025 & has been associated with this company since 10 months 5 days.
Activity
31 Mar 2025
Quality Ro Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
20 Mar 2025
A charge with Others amounted to Rs. 0.58 Cr with Charge ID 101065696 was registered on 20 Mar 2025.
Charges
11 Sep 2024
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100991642 was registered on 11 Sep 2024.
Directors
30 Apr 2024
Varsha Khaitan was appointed as a Company Secretary on 30 Apr 2024 & has been associated with this company since 2 years 2 months.

Frequently Asked Questions about Quality Ro Industries Limited

Quality Ro Industries Limited is an active public limited company in the environment sector based in Vadodara, Gujarat, India. It was incorporated on 30 September 2021 (5+ years old) and is registered under CIN L29308GJ2021PLC126004.

Quality Ro Industries Limited reported revenue of ₹16.04 Cr for FY 2025 (up 20.00% YoY).

The current directors of Quality Ro Industries Limited are:

The primary industry of Quality Ro Industries Limited is environment. The company specifically operates in water treatment. The company is currently active in this sector.

Yes, Quality Ro Industries Limited is a listed company.

Quality Ro Industries Limited can be reached at the registered office: Plot No. 09 Por Industrial Park Nh 08 Behind Sahayog Hotel Village Por, Vadodara, Gujarat, India – 391243, or through the website qualityro.in.

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