About R and D Multiples (Valves) Private Limited
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R and D Multiples (Valves) 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 October 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28910MH1980PTC023321. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹4.72 Lakh. It is led by directors Neerav Sunil Bagaria and Sunil Purushottam Bagaria.
Its last annual general meeting (AGM) was held on 20 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 106 United Industrial Estatemogul Lane Mahim, Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.14 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹10.81 Lakh and EBITDA of ₹44,000 (EBITDA margin 38.6%). Revenue has declined at a compounded annual rate (CAGR) of 23% over five years.
As per MCA filings, the company has open charges of ₹50.55 Cr and satisfied charges of ₹5.8 Cr on record. The company has 1 deal on record (1 convertible or debt financing), with disclosed funding of ₹11.25 Cr; the latest was in October 2022. Its 10 peer companies in the Machinery and Equipment industry (Die Casting, Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Illumine Distributors Private Limited with revenue of ₹1.17 Lakh.
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 (Valves) 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 Industrial 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 (Valves) 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
Financials of R and D Multiples (Valves) Private Limited
FY 2025 filings availableR and D Multiples (Valves) Private Limited reported revenue of ₹1.14 Lakh (down 45% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 45% fall in the latest year. EBITDA fell 58% 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 | ₹44,000 | ||||
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| Net Profit (PAT) | -₹10.81 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 38.6% | ||||
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To see the full financial statements and ratios of R and D Multiples (Valves) Private Limited, buy the company report.
Board of directors of R and D Multiples (Valves) Private Limited
R and D Multiples (Valves) 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 (Metal-Cast) Private Limited | Director | 12 Jul 2022 | 4 Years 4 Months | Current |
| Sunil Purushottam Bagaria Also directs: R and D Multiples (Metal-Cast) Private Limited | Director | 08 Jul 2000 | 26 Years 4 Months | Current |
Peer comparison
R and D Multiples (Valves) Private Limited is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Die Casting, Industrial Products Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Illumine Distributors Private Limited | ₹1.17 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Tenergy India Private Limited | ₹1.16 Lakh (FY 2025) | -93.0% | Mumbai, Maharashtra, India | |||
| Reotech Steam Systems Private Limited | ₹1.16 Lakh (FY 2022) | 1443.0% | Chennai, Tamil Nadu, India | |||
| Monesh Chemo Engineering Pvt Ltd | ₹1.15 Lakh (FY 2024) | 54.0% | Maharashtra, India | |||
| Amrit Natural Resources Private Limited | ₹1.15 Lakh (FY 2024) | 43.0% | Kota, Rajasthan, India | |||
| R and D Multiples (Valves) Private Limitedthis company | ₹1.14 Lakh (FY 2025) | -₹10.81 Lakh | -45.0% | Mumbai, Maharashtra, India | ||
| Calcon Iron Casting Private Limited | ₹1.14 Lakh (FY 2024) | 24.0% | Kolkata, West Bengal, India | |||
| Nilachal Thermal Solutions Private Limited | ₹1.14 Lakh (FY 2025) | -42.0% | Mumbai, Maharashtra, India | |||
| Sterling Paraphernalia Private Limited. | ₹1.13 Lakh (FY 2024) | -6.0% | Delhi, India | |||
| Shipcon Manufacturing Private Limited | ₹1.12 Lakh (FY 2025) | Raigarh, Maharashtra, India | ||||
| Dum Dum Foundry & Engineers Pvt Ltd | ₹1.1 Lakh (FY 2025) | Kolkata, West Bengal, India |
To see the full peer comparison of R and D Multiples (Valves) Private Limited, buy the company report.
Auditor
R and D Multiples (Valves) Private Limited is audited by S.S.Patwardhan & Co for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.S.Patwardhan & Co | FY 2022 | 119155W |
Shareholding
The shareholding of R and D Multiples (Valves) Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R and D Multiples (Valves) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 May 2024 | 100928382 | The Hongkong and Shanghai Banking Corporation Limited | ₹11 Cr | Open | |
| 04 Jan 2016 | 100056422 | Others | ₹39.55 Cr | Open | |
| 14 Nov 2003 | 80046517 | Union Bank of India | ₹5.8 Cr | Satisfied |
To see the full charge records of R and D Multiples (Valves) Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
R and D Multiples (Valves) Private Limited has 1 deal on record (1 convertible or debt financing), with disclosed funding of ₹11.25 Cr; the latest was in October 2022.
To see the full deal history of R and D Multiples (Valves) 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
No court or tribunal cases involving R and D Multiples (Valves) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for R and D Multiples (Valves) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
R and D Multiples (Valves) has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of R and D Multiples (Valves) Private Limited, buy the company report.
Recent activity
R and D Multiples (Valves) 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.
Frequently asked questions
R and D Multiples (Valves) 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 October 1980 (46+ years old) and is registered under CIN U28910MH1980PTC023321.
R and D Multiples (Valves) has 2 current directors:
- Neerav Sunil Bagaria - Director
- Sunil Purushottam Bagaria - Director
The latest financial statements of R and D Multiples (Valves) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 20 November 2025. Year-wise statements from 2015 are in the company report.
No. R and D Multiples (Valves) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of R and D Multiples (Valves) is U28910MH1980PTC023321. 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 (Valves) was incorporated on 23 October 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
R and D Multiples (Valves) has 1 deal on record (1 convertible or debt financing), with disclosed funding of ₹11.25 Cr; the latest was in October 2022.
The peers of R and D Multiples (Valves) by revenue are Illumine Distributors Private Limited, Tenergy India Private Limited, Reotech Steam Systems Private Limited, Monesh Chemo Engineering Pvt Ltd, Amrit Natural Resources Private Limited and 5 more, all in the Machinery and Equipment industry (Die Casting, Industrial Products Manufacturers).
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 (Valves) can be reached through the website rdmultiples.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of R and D Multiples (Valves) is at 106 United Industrial Estatemogul Lane Mahim, Mumbai, Maharashtra, India – 400016.
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