About Radel Electronics Private Limited
Data last updated:
Radel Electronics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the musical instrument segment of the manufacturing sector. It was incorporated on 31 March 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U33209KA1994PTC015451. Its GSTIN is 29AAACR7926B1ZE (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹97.3 Lakh. It is led by directors Gorur Rajnarayan (Managing Director) 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 Electronic City Police Station Hosur Road, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.19 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹2.24 Cr (net margin 18.4%) and EBITDA of ₹3.01 Cr (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company has about 37 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹50 Lakh on record. Court records list 34 cases involving the company, including 22 filed by the company and 11 filed against it; 8 cases are pending.
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.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo.74/D Keonics Electronic City Police Station Hosur Road, Bangalore, Karnataka, India – 560100
- IndustryManufacturing, Musical Instrument
- 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 Electronics Private Limited
The main business activities of Radel Electronics are manufacturing and professional, scientific and technical. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities 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 | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Electronics Private Limited FY 2025 filings available
Radel Electronics Private Limited reported revenue of ₹12.19 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Radel Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 7% growth in the latest year. EBITDA rose 27% 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 Electronics Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.24 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Radel Electronics Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Electronics 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 Electronics Private Limited
Radel Electronics Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Musical Instruments). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Baijnath Jewels Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Mahashe Jewellers Private Limited | •••• | •••• | •••• | •••• | 10 | Himachal Pradesh, India |
| Amrit Music Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Musee Musical Private Limited | •••• | •••• | •••• | •••• | 36 | Chennai, Tamil Nadu, India |
| Sargam Musical Instruments Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Radel Electronics Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Su Creations Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Hertz Digitron Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Harmony Musical Instruments (Madras) Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Lakshman Sruthi Musicals Private Limited | •••• | •••• | •••• | •••• | - | Chennai-83., Tamil Nadu, India |
| Fin Labs Audio Private Limited | •••• | •••• | •••• | •••• | - | Rupnagar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Radel Electronics by revenue in the Manufacturing industry (Musical Instruments), 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 Electronics Private Limited
Radel Electronics Private Limited is audited by P.K SUBRAMANIAM & CO for the financial year 2023.
| 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 Electronics Private Limited
Radel Electronics has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gorur Rajnarayan Also directs: Radel Advanced Technology Private Limited | Managing Director | 31 Mar 1994 | 32 Years 6 Months | Current |
| Radhika Rajnarayan Also directs: Radel Advanced Technology Private Limited | Director | 31 Mar 1994 | 32 Years 6 Months | Current |
Ownership and Shareholding of Radel Electronics 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 Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 1996 | State Bank of India | ₹25 Lakh | Satisfied |
| 20 May 1996 | State Bank of India | ₹25 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Radel Electronics Private Limited
Radel Electronics Private Limited has 34 court cases on record: 22 filed by Radel Electronics, 11 filed against it, 1 where it is another party. 8 cases are pending and 26 are disposed. Status as checked between 29 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 0 | 8 |
| District courts | 13 | 10 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamilnadu Zari Limited | Pending |
| Madras High Court | Appeal | Filed by the company against Tamilnadu Zari Limited | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamilnadu Zari Limited | Disposed |
| Madras High Court | Writ petition | Filed by the company against Tamilnadu Zari Limited | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Commissioner of Commercial Tax | Pending |
Full case history
All 34 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Radel Electronics Private Limited
Radel Electronics Private Limited has a workforce of 37 employees as of Apr 04, 2024.
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.
Group Structure of Radel Electronics Private Limited
Radel Electronics has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Radel Advanced Technology Private Limited | U05190KA2005PTC035682 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Radel Electronics Private Limited
Radel Electronics has one previous CIN (Corporate Identification Number): U30008KA1994PTC015451. The current CIN is U33209KA1994PTC015451, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33209KA1994PTC015451 | Current |
| U30008KA1994PTC015451 | Previous |
Recent Activity on Radel Electronics Private Limited
Radel Electronics Private Limited has 4 board changes on record since 1994: 2 appointments and 2 cessations. The latest: Gorur Rajnarayan ceased to be Director on 29 Sep 2024.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Radel Electronics 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 Electronics 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 Electronics 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 Electronics Private Limited
Radel Electronics has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACR7926B1ZE | Karnataka | Active | 01 Jul 2017 |
| 29AAACR7926B2ZD | Karnataka | Active | 08 Apr 2025 |
| 33AAACR7926B1ZP | Tamil Nadu | 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 Electronics 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 Electronics Private Limited
Radel Electronics is an active private limited company based in Bangalore, Karnataka, India. The company works in musical instrument, within the manufacturing industry. It was incorporated on 31 March 1994 (32+ years old) and is registered under CIN U33209KA1994PTC015451.
Radel Electronics reported revenue of ₹12.19 Cr for FY 2025 (up 7% YoY).
Radel Electronics has 2 current directors:
- Gorur Rajnarayan - Managing Director
- Radhika Rajnarayan - Director
Radel Electronics reported a net profit of ₹2.24 Cr (net margin 18.4%) and EBITDA of ₹3.01 Cr (EBITDA margin 24.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Radel Electronics is 5% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Radel Electronics is 29AAACR7926B1ZE, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAACR7926B2ZD (Karnataka), 33AAACR7926B1ZP (Tamil Nadu).
The CIN (Corporate Identification Number) of Radel Electronics is U33209KA1994PTC015451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radel Electronics has 34 court cases on record: 22 filed by the company and 11 filed against it. 8 are pending. Most are in the high courts.
Radel Electronics was incorporated on 31 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Radel Electronics by revenue are Baijnath Jewels Private Limited, Mahashe Jewellers Private Limited, Amrit Music Private Limited, Musee Musical Private Limited, Sargam Musical Instruments Limited and 5 more, all in the Manufacturing industry (Musical Instruments).
Gorur Rajnarayan ceased to be Director on 29 Sep 2024. Balasubramanyam Seshagiri Rao Lakkavalli ceased to be Director on 07 Oct 2021. Gorur Rajnarayan was appointed as Managing Director on 31 Mar 1994. Radel Electronics has 4 board changes on record in total.