MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-02-0004647
Revenue · FY 2025
₹35.76 Cr
▼ 11% YoY
Net loss · FY 2025
₹57.83 Lakh
Net margin -1.6%
EBITDA · FY 2025
₹2.08 Cr
EBITDA margin 5.8%
Authorised capital
₹15 Cr
Registered with MCA
Paid-up capital
₹4.71 Cr
Issued & subscribed
Open charges
₹73.78 Cr
Satisfied ₹56.24 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
97
Provident fund records
About Raasi Refractories Ltd.
Data last updated:
Raasi Refractories Ltd. is a public limited company based in Hyderabad, Telangana, India. It operates in the construction materials segment of the manufacturing sector. It was incorporated on 24 December 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L26920TG1981PLC003339. Its GSTIN is 36AABCR0333H1ZR (Telangana). The company holds 4 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (502271) has been suspended, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹4.71 Cr. It is led by directors including Satyanarayana Kapuganti and Suresh Silumula.
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 15 – 145/9 Kodandaram Nagar Saroor Nagar Near Sarada Talkies, Hyderabad, Telangana, India – 500060.
As per the financials filed for FY 2025, the company reported a revenue of ₹35.76 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹57.83 Lakh (net margin -1.6%) and EBITDA of ₹2.08 Cr (EBITDA margin 5.8%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 6% over five years.
The company has about 97 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Raasi Refractories. As per MCA filings, the company has open charges of ₹73.78 Cr and satisfied charges of ₹56.24 Cr on record. Court records list 91 cases involving the company, including 38 filed by the company and 54 filed against it; 15 cases are pending. The company has 1 deal on record (1 market trade); the latest was in December 2006. Its 4 peer companies in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Somal Pipes Pvt Ltd with revenue of ₹35.97 Cr.
Raasi Refractories Ltd. is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0004647). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raasi.in.
Company details
CIN L26920TG1981PLC003339
Registration Number 003339
Incorporation Date 24 December 1981
ROC Hyderabad
Listing Status Listed - Suspended on BSE (502271)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0004647
CIN history
Raasi Refractories has one previous CIN (Corporate Identification Number): L26920AP1981PLC003339. The current CIN is L26920TG1981PLC003339, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26920TG1981PLC003339 | Current |
| L26920AP1981PLC003339 | Previous |
Key People
Satyanarayana Kapuganti Director Suresh Silumula Director Rajendra Prasad Kandikattu Nominee Director Recognitions & Rankings of Raasi Refractories
Contact details
Raasi Refractories Ltd.'s registered office is in Hyderabad, Telangana. Its website is raasi.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address15 – 145/9 Kodandaram Nagar Saroor Nagar Near Sarada Talkies, Hyderabad, Telangana, India – 500060
- IndustryManufacturing, Construction Materials
To see the full contact details of Raasi Refractories Ltd., buy the company report.
Comprehensive company report
Raasi Refractories Ltd. - 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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Brands
Raasi Refractories operates one associated brand: Raasi Refractories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Construction bricks and refractories are manufactured and distributed. | raasi.in |
Business activity
The main business activity of Raasi Refractories is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Raasi Refractories Ltd., buy the company report.
Financials of Raasi Refractories Ltd.
FY 2025 filings availableRaasi Refractories Ltd. reported revenue of ₹35.76 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹35.76 Cr ▼ 11%
Net loss · FY 2025
₹57.83 Lakh margin -1.6%
EBITDA · FY 2025
₹2.08 Cr margin 5.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 17%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 15%
5 years · compounded
▼ 13%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 11% fall in the latest year. EBITDA fell 39% 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 |
|---|---|---|---|---|---|
| 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 | ₹2.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.83 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.8% | ||||
| Net Profit Margin | -1.6% | ||||
| 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 Raasi Refractories Ltd., buy the company report.
Board of directors of Raasi Refractories Ltd.
Raasi Refractories has 4 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satyanarayana Kapuganti | Director | 07 Oct 2017 | 9 Years 0 Months | Current |
| Suresh Silumula | Director | 07 Oct 2017 | 9 Years 0 Months | Current |
| Rajendra Prasad Kandikattu | Nominee Director | 17 Sep 2012 | 14 Years 1 Months | Current |
| Venkanna Konda | Director | 23 Jun 2018 | 8 Years 4 Months | Current |
Peer comparison
Raasi Refractories Ltd. is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Somal Pipes Pvt Ltd | ₹35.97 Cr (FY 2024) | 13.0% | Punjab, India | |||
| Dazaro Eco Green Private Limited | ₹35.89 Cr (FY 2025) | -20.0% | Sabarkantha, Gujarat, India | |||
| Raasi Refractories Ltd.this company | ₹35.76 Cr (FY 2025) | -₹57.83 Lakh | -1.6% | -11.0% | 97 | Hyderabad, Telangana, India |
| Caprefindia Private Limited | ₹35.63 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India | |||
| Hazira Refractory Works Private Limited | ₹35.34 Cr (FY 2024) | 0.0% | Surat, Gujarat, India |
To see the full peer comparison of Raasi Refractories Ltd., buy the company report.
Auditor
Raasi Refractories Ltd. is audited by V M M & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V M M & Co | FY 2023 | 014297S |
Shareholding
The shareholding of Raasi Refractories Ltd. 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raasi Refractories Ltd., buy the company report.
Charges & borrowings
Open charges
₹73.78 Cr
Satisfied charges
₹56.24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jun 2026 | 101315863 | Indian Bank | ₹2.94 Cr | Open | |
| 12 Mar 2026 | 101287543 | Indian Bank | ₹1.5 Cr | Open | |
| 22 Feb 2023 | 100721380 | Others | ₹20.32 Lakh | Open | |
| 03 Feb 2022 | 100553095 | Indian Bank | ₹1 Cr | Open | |
| 16 Mar 2020 | 100413125 | Others | ₹28 Cr | Open |
To see the full charge records of Raasi Refractories Ltd., buy the company report.
Total charge records: 29 View all charges
Deals & funding
Raasi Refractories Ltd. has 1 deal on record (1 market trade); the latest was in December 2006.
Total deals
1
Market trade
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2006 | Market trade | ₹4.2 Lakh | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Raasi Refractories Ltd. has 91 court cases on record: 38 filed by Raasi Refractories, 54 filed against it. 15 cases are pending and 76 are disposed.
Total cases
91
Filed by the company
38
Filed against the company
54
Pending
15
Disposed
76
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 45 | 31 | 8 |
| High courts | 35 | 14 | 5 |
| NCLAT | 6 | 4 | 2 |
| NCLT | 3 | 3 | 0 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 91)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed by the company against Steel Authority of India Limited | Pending |
| District court, Raipur, Chhattisgarh | Arbitration matter | Filed against the company by Steel Authority of India Limited | Pending |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against Srei Equipment Finance Limited | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Srei Equipment Finance Limited | Pending |
| District court, Keonjhar, Orissa | Court case (1c.c.) | Filed against the company by R.K. Metalicks Pvt. Ltd., | Pending |
To see the full case history of Raasi Refractories Ltd., 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
No delayed payments to MSME suppliers are on our record for Raasi Refractories Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Raasi Refractories Ltd. has a workforce of 97 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
97
Active EPFO establishments
1
Employee growth
9600%
GST
Raasi Refractories has 4 GST registrations: 1 active and 3 cancelled or inactive.
Total GSTINs
4
Active
1
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCR0333H1ZR | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raasi Refractories Ltd., buy the company report.
Recent activity
Raasi Refractories Ltd. has 40 board changes on record since 2003: 22 appointments and 18 cessations. The latest: Padma Konda ceased to be Additional Director on 29 Mar 2025.
Charges
A charge with Indian Bank amounted to Rs. 2.94 Cr with Charge ID 101315863 was registered on 06 Jun 2026.
Charges
A charge with Indian Bank amounted to Rs. 1.50 Cr with Charge ID 101287543 was registered on 12 Mar 2026.
AGM
Raasi Refractories Ltd. last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Raasi Refractories Ltd. has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Padma Konda ceased to be Additional Director.
Ceased
Laxmaiah Konda ceased to be Managing Director.
Ceased
Soujanya Konda ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100721380 was registered on 22 Feb 2023.
Charges
A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 100553095 was registered on 03 Feb 2022.
Ceased
Ramakrishna Konda ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 28.00 Cr with Charge ID 100413125 was registered on 16 Mar 2020.
Charges
A charge with Others of Rs. 19.40 Cr registered on 01 Feb 2017 with Charge ID 100092868 was modified on 06 Nov 2018.
92 earlier events are in the company report.
News
Frequently asked questions
Raasi Refractories is an active public limited company based in Hyderabad, Telangana, India. The company works in construction materials, within the manufacturing industry. It was incorporated on 24 December 1981 (45+ years old) and is registered under CIN L26920TG1981PLC003339.
Raasi Refractories has 4 current directors:
- Satyanarayana Kapuganti - Director
- Suresh Silumula - Director
- Rajendra Prasad Kandikattu - Nominee Director
- Venkanna Konda - Director
The latest financial statements of Raasi Refractories 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 Raasi Refractories is 36AABCR0333H1ZR, registered in Telangana. 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 Raasi Refractories is L26920TG1981PLC003339. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raasi Refractories is recorded as a listed company by MCA, but trading in its shares on BSE (502271) has been suspended, so they do not currently trade on a stock exchange.
Raasi Refractories has 91 court cases on record: 38 filed by the company and 54 filed against it. 15 are pending. Most are in the district courts.
Raasi Refractories was incorporated on 24 December 1981, making it 45+ years old. It is registered with the Registrar of Companies, Hyderabad.
Raasi Refractories has 1 deal on record (1 market trade); the latest was in December 2006.
The peers of Raasi Refractories by revenue are Somal Pipes Pvt Ltd, Dazaro Eco Green Private Limited, Caprefindia Private Limited, Hazira Refractory Works Private Limited, all in the Manufacturing industry (Construction Materials), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Padma Konda ceased to be Additional Director on 29 Mar 2025. Laxmaiah Konda ceased to be Managing Director on 11 Mar 2025. Soujanya Konda ceased to be Director on 11 Mar 2025. Raasi Refractories has 40 board changes on record in total.
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