About R and D Multiples (Metal-Cast) Private Limited
Data last updated:
R and D Multiples (Metal-Cast) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 23 August 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH1989PTC053151. Its GSTIN is 27AAACR3932P3ZX (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹4.91 Lakh. It was formerly known as Quadrant Engineering Industries Private Limited. It is led by directors Neerav Sunil Bagaria and Sunil Purushottam Bagaria.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 106 United Indl Estatemogul Lane Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2024, the company reported a revenue of ₹141.53 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.73 Cr (net margin 4%) and EBITDA of ₹12.83 Cr (EBITDA margin 9.1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹41 Cr and satisfied charges of ₹133.06 Cr on record. Court records list 66 cases involving the company, including 20 filed by the company and 46 filed against it; 14 cases are pending. The company has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹46.4 Lakh; the latest was in October 2023. Its 6 peer companies in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products) are compared by revenue, 4 larger and 2 smaller; the largest is Sant Valves Private Limited with revenue of ₹170.86 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rdmultiples.com.
Company details
Contact details
R and D Multiples (Metal-Cast) Private Limited's registered office is in Mumbai, Maharashtra. Its website is rdmultiples.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address106 United Indl Estatemogul Lane Mahim, Mumbai, Maharashtra, India – 400016
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of R and D Multiples (Metal-Cast) 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
Business activity
The main business activity of R and D Multiples (Metal-Cast) is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
Financials of R and D Multiples (Metal-Cast) Private Limited
FY 2024 filings availableR and D Multiples (Metal-Cast) Private Limited reported revenue of ₹141.53 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 8% growth in the latest year. EBITDA rose 11% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹12.83 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.73 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.1% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
Board of directors of R and D Multiples (Metal-Cast) Private Limited
R and D Multiples (Metal-Cast) has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neerav Sunil Bagaria Also directs: R and D Multiples (Valves) Private Limited | Director | 12 Jul 2022 | 4 Years 4 Months | Current |
| Sunil Purushottam Bagaria Also directs: R and D Multiples (Valves) Private Limited | Director | 08 Jul 2000 | 26 Years 4 Months | Current |
Peer comparison
R and D Multiples (Metal-Cast) Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sant Valves Private Limited | ₹170.86 Cr (FY 2025) | 11.0% | Punjab, India | |||
| G M Engineering Private Limited | ₹166.73 Cr (FY 2025) | -2.0% | Rajkot, Gujarat, India | |||
| Inoxpa India Private Limited | ₹159.06 Cr (FY 2025) | -2.0% | Khandala, Maharashtra, India | |||
| Pentair Valves and Controls India Private Limited | ₹149.9 Cr (FY 2019) | -31.0% | Vadodara, Gujarat, India | |||
| R and D Multiples (Metal-Cast) Private Limitedthis company | ₹141.53 Cr (FY 2024) | ₹5.73 Cr | 4% | 8.0% | Mumbai, Maharashtra, India | |
| Orson Holdings Co Ltd | ₹135.62 Cr (FY 2025) | 13.0% | Howrah, West Bengal, India | |||
| Niton Valve Industries Pvt Ltd | ₹129.77 Cr (FY 2024) | 12.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
Auditor
R and D Multiples (Metal-Cast) Private Limited is audited by Shankarlal Jain & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shankarlal Jain & Associates LLP | FY 2023 | 109901W/W100082 |
Shareholding
The shareholding of R and D Multiples (Metal-Cast) 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2023 | 100702701 | The Hongkong and Shanghai Banking Corporation Limited | ₹13 Cr | Open | |
| 29 Oct 2015 | 10616922 | Others | ₹28 Cr | Open | |
| 13 Feb 2023 | 100689666 | Others | ₹20 Cr | Satisfied | |
| 27 Mar 2015 | 10564159 | Union Bank of India | ₹2 Cr | Satisfied | |
| 24 Feb 2014 | 10484735 | Union Bank of India | ₹1.5 Cr | Satisfied |
To see the full charge records of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
Total charge records: 15 View all charges
Deals & funding
R and D Multiples (Metal-Cast) Private Limited has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹46.4 Lakh; the latest was in October 2023.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Rights issue | ₹2.49 Cr | Investors: an individual |
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2022 | Secondary share transfer | Undisclosed | Buyer: R and D Multiples (Valves) Private Limited Seller: an individual |
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Kalpataru Diamond Private Limited, 3 individuals |
To see the full deal history of R and D Multiples (Metal-Cast) 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
R and D Multiples (Metal-Cast) Private Limited has 66 court cases on record: 20 filed by R and D Multiples (Metal-Cast), 46 filed against it. 14 cases are pending and 52 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 49 | 39 | 0 |
| High courts | 17 | 7 | 14 |
Cases on record (5 of 66)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed by the company against SPML Infra Limited and 1 other | Disposed |
| District court, Hyderabad CCC, Telangana | Civil suit | Filed by the company against Ms. Ivrcl Ltd., | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed by the company against Doshion Private Limited and 3 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
To see the full case history of R and D Multiples (Metal-Cast) 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.
Credit ratings & regulatory alerts
R and D Multiples (Metal-Cast) Private Limited was last rated by Care on 01 Mar 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Mar 2021 |
To see the full credit ratings and regulatory alerts of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R and D Multiples (Metal-Cast) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
R and D Multiples (Metal-Cast) has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR3932P3ZX | Maharashtra | Active | 11 Oct 2017 |
| 24AAACR3932P1Z5 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R and D Multiples (Metal-Cast) Private Limited, buy the company report.
Recent activity
R and D Multiples (Metal-Cast) Private Limited has 3 board changes on record since 2000: 2 appointments and 1 cessation. The latest: Sandeep Purushottam Bagaria ceased to be Director on 29 Oct 2022.
28 earlier events are in the company report.
Frequently asked questions
R and D Multiples (Metal-Cast) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 23 August 1989 (37+ years old) and is registered under CIN U27100MH1989PTC053151.
R and D Multiples (Metal-Cast) has 2 current directors:
- Neerav Sunil Bagaria - Director
- Sunil Purushottam Bagaria - Director
The latest financial statements of R and D Multiples (Metal-Cast) on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of R and D Multiples (Metal-Cast) is 27AAACR3932P3ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAACR3932P1Z5 (Gujarat).
The CIN (Corporate Identification Number) of R and D Multiples (Metal-Cast) is U27100MH1989PTC053151. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R and D Multiples (Metal-Cast) has 66 court cases on record: 20 filed by the company and 46 filed against it. 14 are pending. Most are in the district courts.
R and D Multiples (Metal-Cast) was incorporated on 23 August 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
R and D Multiples (Metal-Cast) has 8 deals on record (5 secondary share transfers, 2 funding rounds, 1 rights issue), with disclosed funding of ₹46.4 Lakh; the latest was in October 2023.
The peers of R and D Multiples (Metal-Cast) by revenue are Sant Valves Private Limited, G M Engineering Private Limited, Inoxpa India Private Limited, Pentair Valves and Controls India Private Limited, Orson Holdings Co Ltd and 1 more, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Sandeep Purushottam Bagaria ceased to be Director on 29 Oct 2022. Neerav Sunil Bagaria was appointed as Director on 12 Jul 2022. Sunil Purushottam Bagaria was appointed as Director on 08 Jul 2000.
R and D Multiples (Metal-Cast) can be reached through the website rdmultiples.com. Its registered office is in Mumbai, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
