Radiance Economics LLP
About Radiance Economics LLP
Data last updated:
Radiance Economics LLP is a limited liability partnership (LLP) based in Erode, Tamil Nadu, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 September 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Coimbatore, under LLPIN AAN-3473.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Kondappan Sivakumar and Saravanan Sredhath.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Erode, Tamil Nadu.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹4.2 Lakh, a decline of 98% compared to the previous year. For the same year it recorded a net profit of ₹18,369 (net margin 4.4%) and EBITDA of -₹47,291 (EBITDA margin -11.3%). Revenue has grown at a compounded annual rate (CAGR) of 127% over three years.
As per MCA filings, the LLP has open charges of ₹68 Cr on record.
Company details
Contact details
Radiance Economics LLP's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressD.No.025/4 Oyangadu, Vasavi College Post Bhavani, Erode, Tamil Nadu, India – 638316
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Radiance Economics LLP, buy the company report.
- 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
Financials of Radiance Economics LLP
FY 2025 filings availableRadiance Economics LLP reported revenue of ₹4.2 Lakh (down 98% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 98% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 127%. 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
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| Profit After Tax | ₹18,369 | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Net Profit Margin | 4.4% | ||||
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To see the full financial statements and ratios of Radiance Economics LLP, buy the company report.
Designated partners of Radiance Economics LLP
Radiance Economics has 2 current designated partners and 8 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kondappan Sivakumar Also directs: Foxtail Trading Private Limited | Designated Partner | 17 Nov 2023 | 2 Years 11 Months | Current |
| Saravanan Sredhath Also directs: Bon Ton Softwares Private Limited | Designated Partner | 17 Nov 2023 | 2 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2024 | 100872045 | Punjab National Bank | ₹68 Cr | Open |
To see the full charge records of Radiance Economics LLP, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Radiance Economics LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Radiance Economics LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Radiance Economics LLP; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Radiance Economics LLP has 12 designated partner changes on record since 2020: 5 appointments and 7 cessations. The latest: Dhivya Kumarasamy was appointed as Partner on 17 Nov 2023.
5 earlier events are in the company report.
Frequently asked questions
Radiance Economics is an active limited liability partnership based in Erode, Tamil Nadu, India. The LLP works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 September 2018 (8+ years old) and is registered under LLPIN AAN-3473.
Radiance Economics has 2 current designated partners:
- Kondappan Sivakumar - Designated Partner
- Saravanan Sredhath - Designated Partner
The latest financial statements of Radiance Economics on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The LLPIN (Limited Liability Partnership Identification Number) of Radiance Economics is AAN-3473. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Radiance Economics was incorporated on 25 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
Dhivya Kumarasamy was appointed as Partner on 17 Nov 2023. Kondappan Sivakumar was appointed as Designated Partner on 17 Nov 2023. Kumarasamy Sindu ceased to be Designated Partner on 17 Nov 2023. Radiance Economics has 12 designated partner changes on record in total.
The registered office of Radiance Economics is at D.No.0254 Oyangadu, Vasavi College Post Bhavani, Erode, Tamil Nadu, India – 638316.
Radiance Economics operates in the agriculture industry, in the agro retail and distribution segment.
Radiance Economics has open charges of ₹68 Cr and no satisfied charges on record as per latest MCA filings.
Radiance Economics can be reached at its registered office: D.No.0254 Oyangadu, Vasavi College Post Bhavani, Erode, Tamil Nadu, India – 638316.