MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-27-0082692
Racon Marine Private Limited
Racon Marine Private Limited - financial services in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹293.47 Cr
▲ 57% YoY
Net profit · FY 2025
₹29.81 Cr
Net margin 10.2%
EBITDA · FY 2025
₹41.06 Cr
EBITDA margin 14%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.8 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Racon Marine Private Limited
Data last updated:
Racon Marine Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 27 October 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U63030MH2020PTC348824. Its GSTIN is 27AAKCR5525J1Z0 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Asha Krishna Hari Krishna Reddy Goluguri (Managing Director) and Goluguri Harikrishna Reddy (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 2025. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹293.47 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹29.81 Cr (net margin 10.2%) and EBITDA of ₹41.06 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 99% over three years.
As per MCA filings, the company has open charges of ₹10.8 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Racon Marine Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-27-0082692).
Company details
CIN U63030MH2020PTC348824
Registration Number 348824
Incorporation Date 27 October 2020
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Medium
Udyam Registration UDYAM-MH-27-0082692
Key People
Asha Krishna Hari Krishna Reddy Goluguri Managing Director Goluguri Harikrishna Reddy Whole-Time Director Recognitions & Rankings of Racon Marine
Contact details
Racon Marine Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 608 Mayuresh Square, Plot No. 17 Sector – 15 CBD Belapur Navi Mumbai, Thane, Maharashtra, India – 400614
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Racon Marine Private Limited, buy the company report.
Comprehensive company report
Racon Marine Private 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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Business activity
The main business activity of Racon Marine is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities |
To see the full business activity and turnover split of Racon Marine Private Limited, buy the company report.
Financials of Racon Marine Private Limited
FY 2025 filings availableRacon Marine Private Limited reported revenue of ₹293.47 Cr (up 57% YoY) for FY 2025.
Revenue · FY 2025
₹293.47 Cr ▲ 57%
Net profit · FY 2025
₹29.81 Cr margin 10.2%
EBITDA · FY 2025
₹41.06 Cr margin 14%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 99%
EBITDA CAGR growth
1 year
▲ 66%
3 years · compounded
▲ 116%
Revenue has grown at a compounded annual rate (CAGR) of 99% over three years, including 57% growth in the latest year. EBITDA rose 66% 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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| Total Expenses | |||||
| EBITDA | ₹41.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.81 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | ||||
| Net Profit Margin | 10.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Racon Marine Private Limited, buy the company report.
Board of directors of Racon Marine Private Limited
Racon Marine has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Krishna Hari Krishna Reddy Goluguri | Managing Director | 27 Oct 2020 | 6 Years 0 Months | Current |
| Goluguri Harikrishna Reddy Also directs: Rudrani Offshore LLP, Shivani Marine Private Limited, Namalu Foods Private Limited and 2 more | Whole-Time Director | 11 Oct 2024 | 2 Years 0 Months | Current |
Auditor
Racon Marine Private Limited is audited by H M A & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H M A & CO | FY 2023 | 144573W |
Shareholding
The shareholding of Racon Marine Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Racon Marine Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.8 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Nov 2022 | 100656046 | State Bank of India | ₹10.8 Cr | Open |
To see the full charge records of Racon Marine Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Racon Marine Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by Jubilant Enpro Pvt Ltd | Pending |
To see the full case history of Racon Marine 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Racon Marine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Racon Marine Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Racon Marine has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCR5525J1Z0 | Maharashtra | Active | 20 Feb 2021 |
To see the full GST registrations and return filing status of Racon Marine Private Limited, buy the company report.
Recent activity
Racon Marine Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Goluguri Harikrishna Reddy was appointed as Whole-Time Director on 11 Oct 2024.
AGM
Racon Marine Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Racon Marine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Goluguri Harikrishna Reddy was appointed as Whole-Time Director.
Ceased
Harsha Krishna Goluguri ceased to be Director.
Charges
A charge with State Bank Of India of Rs. 1,080.00 Lakh registered on 30 Nov 2022 with Charge ID 100656046 was modified on 28 Dec 2023.
Ceased
Asha Krishna Hari Krishna Reddy Goluguri ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 1,080.00 Lakh with Charge ID 100656046 was registered on 30 Nov 2022.
Appointed
Asha Krishna Hari Krishna Reddy Goluguri was appointed as Managing Director.
Incorporation
27 Oct 2020
Racon Marine Private Limited was registered on 27 Oct 2020 with Roc Mumbai & aged 6 years 10 days as per MCA records.
Frequently asked questions
Racon Marine is an active private limited company based in Thane, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 27 October 2020 (6+ years old) and is registered under CIN U63030MH2020PTC348824.
Racon Marine has 2 current directors:
- Asha Krishna Hari Krishna Reddy Goluguri - Managing Director
- Goluguri Harikrishna Reddy - Whole-Time Director
The latest financial statements of Racon Marine 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 FY 2021 are in the company report.
The GSTIN of Racon Marine is 27AAKCR5525J1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Racon Marine is U63030MH2020PTC348824. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Racon Marine has 1 court case on record: 1 filed against it. 1 is pending.
Racon Marine was incorporated on 27 October 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Goluguri Harikrishna Reddy was appointed as Whole-Time Director on 11 Oct 2024. Harsha Krishna Goluguri ceased to be Director on 11 Oct 2024. Asha Krishna Hari Krishna Reddy Goluguri ceased to be Director on 31 Jul 2023. Racon Marine has 4 board changes on record in total.
Yes, Racon Marine is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-27-0082692).
The registered office of Racon Marine is at Office No. 608 Mayuresh Square, Plot No. 17 Sector – 15 CBD Belapur Navi Mumbai, Thane, Maharashtra, India – 400614.
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