MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-19-0077289
Radha Mercantile Limited
Radha Mercantile Limited - travel and hospitality in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.67 Cr
▲ 40% YoY
Net profit · FY 2025
₹30.7 Lakh
Net margin 8.4%
EBITDA · FY 2025
₹93.86 Lakh
EBITDA margin 25.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹24.6 Lakh
Issued & subscribed
Open charges
₹4.45 Cr
Secured borrowings
Company age
31 yrs
Est. 1995
Directors on board
5
As per MCA filings
About Radha Mercantile Limited
Data last updated:
Radha Mercantile Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 January 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U55100MH1995PLC084383. Its GSTIN is 29AABCR6520Q1ZU (Karnataka).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24.6 Lakh. It is led by directors including Sudhir Nitte Mudanna Shetty and Binod Mudanna Shetty.
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 Arjun 4th Floor Plot No. 6A Kalyangram Society V P Road Andheri (West), Mumbai, Maharashtra, India – 400058.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.67 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹30.7 Lakh (net margin 8.4%) and EBITDA of ₹93.86 Lakh (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹4.45 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 1 case is pending.
Radha Mercantile Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0077289). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U55100MH1995PLC084383
Registration Number 084383
Incorporation Date 06 January 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-19-0077289
CIN history
Radha Mercantile has one previous CIN (Corporate Identification Number): U24117MH1995PLC084383. The current CIN is U55100MH1995PLC084383, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U55100MH1995PLC084383 | Current |
| U24117MH1995PLC084383 | Previous |
Key People
Sudhir Nitte Mudanna Shetty Director Binod Mudanna Shetty Director Venu Surendran Nair Director Recognitions & Rankings of Radha Mercantile
Contact details
Radha Mercantile Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressArjun 4th Floor Plot No. 6A Kalyangram Society V P Road Andheri (West), Mumbai, Maharashtra, India – 400058
- IndustryTravel and Hospitality, Hotel & Accommodation Services
To see the full contact details of Radha Mercantile Limited, buy the company report.
Comprehensive company report
Radha Mercantile 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 Radha Mercantile is accommodation and food service activities. In detail, this covers food and beverage service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| I | Accommodation and Food service activities | 56 | Food and beverage service activities |
To see the full business activity and turnover split of Radha Mercantile Limited, buy the company report.
Financials of Radha Mercantile Limited
FY 2025 filings availableRadha Mercantile Limited reported revenue of ₹3.67 Cr (up 40% YoY) for FY 2025.
Revenue · FY 2025
₹3.67 Cr ▲ 40%
Net profit · FY 2025
₹30.7 Lakh margin 8.4%
EBITDA · FY 2025
₹93.86 Lakh margin 25.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 40%
3 years · compounded
▲ 18%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 8%
5 years · compounded
▲ 51%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 40% growth in the latest year. EBITDA rose 10% 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 | ₹93.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.7 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 | 25.6% | ||||
| Net Profit Margin | 8.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Radha Mercantile Limited, buy the company report.
Board of directors of Radha Mercantile Limited
Radha Mercantile has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Nitte Mudanna Shetty | Director | 01 Feb 2018 | 8 Years 8 Months | Current |
| Binod Mudanna Shetty | Director | 01 Apr 2022 | 4 Years 6 Months | Current |
| Venu Surendran Nair Also directs: V K N Resorts Private Limited | Director | 02 May 2025 | 1 Years 5 Months | Current |
| Jayaprakash Shetty | Director | 16 May 2022 | 4 Years 5 Months | Current |
| Vijaya Sudhir Shetty | Director | 21 Sep 2017 | 9 Years 1 Months | Current |
Auditor
Radha Mercantile Limited is audited by M.R. SHARMA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M.R. SHARMA & CO | FY 2022 | 109965W |
Shareholding
The shareholding of Radha Mercantile Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Radha Mercantile Limited, buy the company report.
Charges & borrowings
Open charges
₹4.45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2018 | 100176378 | Others | ₹4.45 Cr | Open |
To see the full charge records of Radha Mercantile Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Radha Mercantile Limited has 4 court cases on record: 4 filed by Radha Mercantile. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
4
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Mangaluru City Corporation | Pending |
| High Court | Revision petition | Filed by the company against Mangaluru City Corporation | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Interim or miscellaneous application | Filed by the company against Mangalore City Corporation | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Interim or miscellaneous application | Filed by the company against Mangaluru City Corporation | Disposed |
To see the full case history of Radha Mercantile 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 Radha Mercantile Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Radha Mercantile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCR6520Q1ZU | Karnataka | Active | 12 Jan 2019 |
To see the full GST registrations and return filing status of Radha Mercantile Limited, buy the company report.
Recent activity
Radha Mercantile Limited has 16 board changes on record since 2017: 5 appointments and 11 cessations. The latest: Venu Surendran Nair ceased to be Additional Director on 29 Sep 2025.
AGM
Radha Mercantile Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Venu Surendran Nair ceased to be Additional Director.
Appointed
Venu Surendran Nair was appointed as Director.
Filing
Radha Mercantile Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Binod Mudanna Shetty ceased to be Additional Director.
Ceased
Jayaprakash Shetty ceased to be Additional Director.
Appointed
Jayaprakash Shetty was appointed as Director.
Appointed
Binod Mudanna Shetty was appointed as Director.
Charges
A charge with Others of Rs. 445.00 Lakh registered on 27 Apr 2018 with Charge ID 100176378 was modified on 13 Jan 2020.
Ceased
Malathi Shrinivasa Shetty ceased to be Additional Director.
Ceased
Sudhir Nitte Mudanna Shetty ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 445.00 Lakh with Charge ID 100176378 was registered on 27 Apr 2018.
9 earlier events are in the company report.
Frequently asked questions
Radha Mercantile is an active public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 January 1995 (31+ years old) and is registered under CIN U55100MH1995PLC084383.
Radha Mercantile has 5 current directors:
- Sudhir Nitte Mudanna Shetty - Director
- Binod Mudanna Shetty - Director
- Venu Surendran Nair - Director
- Jayaprakash Shetty - Director
- Vijaya Sudhir Shetty - Director
The latest financial statements of Radha Mercantile 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 Radha Mercantile is 29AABCR6520Q1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Radha Mercantile is U55100MH1995PLC084383. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radha Mercantile has 4 court cases on record: 4 filed by the company. 1 is pending. Most are in the district courts.
Radha Mercantile was incorporated on 06 January 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.
Venu Surendran Nair ceased to be Additional Director on 29 Sep 2025. Venu Surendran Nair was appointed as Director on 02 May 2025. Binod Mudanna Shetty ceased to be Additional Director on 30 Sep 2022. Radha Mercantile has 16 board changes on record in total.
Yes, Radha Mercantile is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-19-0077289).
The registered office of Radha Mercantile is at Arjun 4th Floor Plot No. 6A Kalyangram Society V P Road Andheri West, Mumbai, Maharashtra, India – 400058.
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