About Radel Advanced Technology Private Limited
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Radel Advanced Technology Private Limited is a private limited company based in Bangalore., Karnataka, India, a subsidiary of Radel Electronics Private Limited. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 23 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2005PTC035682. Its GSTIN is 29AADCR0500N1ZE (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹14 Lakh. It is led by directors Gorur Rajnarayan and Radhika Rajnarayan.
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 No.74/D Keonics Electeronicscity Hosur Road Bangalore., Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.7 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹48.14 Lakh (net margin 17.9%) and EBITDA of ₹66.95 Lakh (EBITDA margin 24.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 18% over five years.
As per MCA filings, the company has open charges of ₹50.02 Lakh 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 radel.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.74/D Keonics Electeronicscity Hosur Road Bangalore., Karnataka, India – 560100
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
- 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
- One PDF report, delivered after checkout
Business Activity of Radel Advanced Technology Private Limited
The main business activities of Radel Advanced Technology are manufacturing and professional, scientific and technical. In detail, this covers computer, electronic, communication and scientific measuring & control equipment and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Radel Advanced Technology Private Limited FY 2025 filings available
Radel Advanced Technology Private Limited reported revenue of ₹2.7 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Radel Advanced Technology Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 60% 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 of Radel Advanced Technology Private Limited
| 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 | ₹66.95 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹48.14 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Radel Advanced Technology Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 17.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Radel Advanced Technology are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Radel Advanced Technology Private Limited
Radel Advanced Technology Private Limited is compared with the companies closest to it by revenue in the Aviation industry (Aircraft and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lenviz Technologies Private Limited | •••• | •••• | •••• | •••• | - | Gautam Budhha Nagar, Uttar Pradesh, India |
| Dronix Technologies Private Limited | •••• | •••• | •••• | •••• | 25 | Tambaram, Tamil Nadu, India |
| Athes Automotive Engineering Private Limited | •••• | •••• | •••• | •••• | 20 | Coimbatore, Tamil Nadu, India |
| Minitechs Aerotools Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| S R Aerospace Solutions LLP | •••• | •••• | •••• | •••• | - | Moradabad, Uttar Pradesh, India |
| Radel Advanced Technology Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore., Karnataka, India |
| Sapthagiri Aerospace & Defence Private Limited | •••• | •••• | •••• | •••• | 10 | Bangalore North, Karnataka, India |
| Aerotek Sika Aviosystems Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Ivchenko Progress India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Aviation 365Design Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Kadet Defence Systems Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Radel Advanced Technology by revenue in the Aviation industry (Aircraft and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Radel Advanced Technology Private Limited
Radel Advanced Technology Private Limited is audited by P K SUBRAMANIAM & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P K SUBRAMANIAM & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Radel Advanced Technology Private Limited
Radel Advanced Technology 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 |
|---|---|---|---|---|
| Gorur Rajnarayan Also directs: Radel Electronics Private Limited | Director | 23 Feb 2005 | 21 Years 7 Months | Current |
| Radhika Rajnarayan Also directs: Radel Electronics Private Limited | Director | 23 Feb 2005 | 21 Years 7 Months | Current |
Ownership and Shareholding of Radel Advanced Technology Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Radel Advanced Technology Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 May 2010 | State Bank of India | ₹50.02 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Radel Advanced Technology Private Limited
Employment history and EPFO contributions of people linked to Radel Advanced Technology.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Radel Advanced Technology Private Limited
Radel Advanced Technology Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Narasipur Hirannayya Venkatesh ceased to be Director on 21 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Radel Advanced Technology Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Radel Advanced Technology Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Radel Advanced Technology Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Radel Advanced Technology Private Limited
Radel Advanced Technology has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCR0500N1ZE | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Radel Advanced Technology Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Radel Advanced Technology Private Limited
Radel Advanced Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 23 February 2005 (21+ years old) and is registered under CIN U05190KA2005PTC035682.
Radel Advanced Technology reported revenue of ₹2.7 Cr for FY 2024 (down 3% YoY).
Radel Advanced Technology has 2 current directors:
- Gorur Rajnarayan - Director
- Radhika Rajnarayan - Director
Radel Advanced Technology reported a net profit of ₹48.14 Lakh (net margin 17.9%) and EBITDA of ₹66.95 Lakh (EBITDA margin 24.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Radel Advanced Technology is 10% over three years and 18% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Radel Advanced Technology is 29AADCR0500N1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Radel Advanced Technology is U05190KA2005PTC035682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radel Advanced Technology was incorporated on 23 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Radel Advanced Technology by revenue are Lenviz Technologies Private Limited, Dronix Technologies Private Limited, Athes Automotive Engineering Private Limited, Minitechs Aerotools Private Limited, S R Aerospace Solutions LLP and 5 more, all in the Aviation industry (Aircraft and Components Manufacturing).
Narasipur Hirannayya Venkatesh ceased to be Director on 21 Jan 2019. Gorur Rajnarayan was appointed as Director on 23 Feb 2005. Radhika Rajnarayan was appointed as Director on 23 Feb 2005.
Radel Advanced Technology can be reached through the website radel.co.in. Its registered office is in Bangalore, Karnataka, India.