Radiant Cooling Systems Private Limited
About Radiant Cooling Systems Private Limited
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Radiant Cooling Systems Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 30 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29253MH2011PTC221446. Its GSTIN is 27AAFCR7110Q1ZY (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhushan Sopan Dhapte and Avinash Waman Korgaonkar.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹6.24 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹7.95 Lakh (net margin 1.3%) and EBITDA of ₹42.04 Lakh (EBITDA margin 6.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2.65 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Radiant Cooling Systems Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressFlat No.303 3rd Floor Bhanu Palace Opp. Devrishi Chs. St.Dnyaneshwar Marg Panchpakadi T, Hane West, Thane, Maharashtra, India – 400602
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Radiant Cooling Systems Private Limited, 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
Business activity
The main business activity of Radiant Cooling Systems is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Radiant Cooling Systems Private Limited, buy the company report.
Financials of Radiant Cooling Systems Private Limited
FY 2018 filings availableRadiant Cooling Systems Private Limited reported revenue of ₹6.24 Cr (down 13% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 2% over three years, including a 13% fall in the latest year. EBITDA rose 5% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹6.24 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹42.04 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹7.95 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.7% | |||
| Net Profit Margin | 1.3% | |||
| 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 Radiant Cooling Systems Private Limited, buy the company report.
Board of directors of Radiant Cooling Systems Private Limited
Radiant Cooling Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Sopan Dhapte | Director | 30 Aug 2011 | 15 Years 2 Months | Current |
| Avinash Waman Korgaonkar Also directs: Supravi Envitech Solutions LLP | Director | 01 Aug 2017 | 9 Years 3 Months | Current |
| Nitin Chandrakant Surve | Additional Director | 05 Jul 2018 | 8 Years 4 Months | Current |
Auditor
Radiant Cooling Systems Private Limited is audited by DIVEKAR RAIRIKAR & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DIVEKAR RAIRIKAR & CO | FY 2018 | 124479W |
Shareholding
The shareholding of Radiant Cooling Systems Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Radiant Cooling Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2017 | 100115590 | Others | ₹1.13 Cr | Satisfied | |
| 11 Mar 2016 | 100024384 | Others | ₹41.5 Lakh | Satisfied | |
| 11 Dec 2014 | 10535981 | Hdfc Bank Limited | ₹55 Lakh | Satisfied | |
| 10 Dec 2014 | 10536086 | Hdfc Bank Limited | ₹55 Lakh | Satisfied |
To see the full charge records of Radiant Cooling Systems Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Radiant Cooling Systems Private Limited has 12 court cases on record: 4 filed by Radiant Cooling Systems, 8 filed against it. 5 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 8 | 5 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed against the company by M/S. Rakhee Metals | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against The State of Maharashtra and Another One and 1 other | Pending |
| District court, Thane, Maharashtra | Court case (Spl .Dkst) | Filed against the company by individuals | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by M/S. Ujala Electricals THR. Hasanain Ansari | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss case SS) | Filed against the company by an individual | Pending |
To see the full case history of Radiant Cooling Systems 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 Radiant Cooling Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Radiant Cooling Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCR7110Q1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Radiant Cooling Systems Private Limited, buy the company report.
Recent activity
Radiant Cooling Systems Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Avinash Waman Korgaonkar ceased to be Director on 03 Jun 2022.
5 earlier events are in the company report.
Frequently asked questions
Radiant Cooling Systems is an active private limited company based in Thane, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 30 August 2011 (15+ years old) and is registered under CIN U29253MH2011PTC221446.
Radiant Cooling Systems has 3 current directors:
- Bhushan Sopan Dhapte - Director
- Avinash Waman Korgaonkar - Director
- Nitin Chandrakant Surve - Additional Director
The latest financial statements of Radiant Cooling Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Radiant Cooling Systems is 27AAFCR7110Q1ZY, registered in Maharashtra.
The CIN (Corporate Identification Number) of Radiant Cooling Systems is U29253MH2011PTC221446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radiant Cooling Systems has 12 court cases on record: 4 filed by the company and 8 filed against it. 5 are pending.
Radiant Cooling Systems was incorporated on 30 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
Avinash Waman Korgaonkar ceased to be Director on 03 Jun 2022. Uma Bhushan Dhapte ceased to be Additional Director on 16 Jul 2018. Nitin Chandrakant Surve was appointed as Additional Director on 05 Jul 2018. Radiant Cooling Systems has 6 board changes on record in total.
The registered office of Radiant Cooling Systems is at Flat No.303 3rd Floor Bhanu Palace Opp. Devrishi Chs. St.Dnyaneshwar Marg Panchpakadi T, Hane West, Thane, Maharashtra, India – 400602.
Radiant Cooling Systems operates in the machinery and equipment industry, in the industrial machinery manufacturing segment.
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