About Raghav Industries Limited
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Raghav Industries Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 24 November 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U93090TN1987PLC015077. Its GSTIN is 33AAACR4686C1ZK (Tamil Nadu). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.71 Cr. It is led by directors including Rajendra Kanodia Kumar (Managing Director) and Raghav Kanodia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Plot No. 510 New Door No. 12 6th Main Road M.K.B. Nagar Vysarpadi, Chennai, Tamil Nadu, India – 600039.
As per the financials filed for FY 2019, the company reported a revenue of ₹82.02 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹12.63 Cr (net margin -15.4%) and EBITDA of -₹8.56 Cr (EBITDA margin -10.4%). Revenue has declined at a compounded annual rate (CAGR) of 18% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹83.68 Cr and satisfied charges of ₹13.93 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website raghavgroups.com.
Company details
Contact details
Raghav Industries Limited's registered office is in Chennai, Tamil Nadu. Its website is raghavgroups.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No. 510 New Door No. 12 6th Main Road M.K.B. Nagar Vysarpadi, Chennai, Tamil Nadu, India – 600039
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Raghav Industries 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
Financials of Raghav Industries Limited
FY 2021 filings availableRaghav Industries Limited reported revenue of ₹82.02 Cr (down 32% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 32% fall 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹82.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.56 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.63 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.4% | ||||
| Net Profit Margin | -15.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Raghav Industries Limited, buy the company report.
Board of directors of Raghav Industries Limited
Raghav Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Kanodia Kumar | Managing Director | 24 Nov 1987 | 38 Years 11 Months | Current |
| Raghav Kanodia Also directs: Srinidhi Industries Limited, Srinidhi Synthetics Limited, Raghuraj Industries Private Limited and 2 more | Director | 10 Oct 2005 | 21 Years 0 Months | Current |
| Archana Arvind Agrawal Also directs: S L K Synthetics Limited | Additional Director | 28 Jan 2022 | 4 Years 9 Months | Current |
| Madhu Devi Kanodia Also directs: S L K Synthetics Limited, QFPH Hospitality Private Limited | Director | 31 Aug 2011 | 15 Years 2 Months | Current |
Auditor
Raghav Industries Limited is audited by PREM GUPTA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREM GUPTA & CO | FY 2019 | 000425N |
Shareholding
The shareholding of Raghav Industries Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Raghav Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2021 | 100438860 | Others | ₹55.32 Lakh | Open | |
| 01 Dec 2015 | 10620074 | Others | ₹34.93 Cr | Open | |
| 15 Feb 2008 | 10093496 | State Bank of India | ₹14.5 Cr | Open | |
| 15 Feb 2008 | 10093497 | State Bank of India | ₹11 Cr | Open | |
| 02 Mar 1995 | 90288862 | The Federal Bank Limited | ₹22.7 Cr | Open |
To see the full charge records of Raghav Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Raghav Industries Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Raghav Industries Limited was last rated by Care on 04 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Feb 2022 |
To see the full credit ratings and regulatory alerts of Raghav Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Raghav Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Raghav Industries has 9 GST registrations: 4 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACR4686C1ZK | Tamil Nadu | Active | 01 Jul 2017 |
| 03AAACR4686C1ZN | Punjab | Active | 01 Jul 2017 |
| 18AAACR4686C1ZC | Assam | Active | 28 Dec 2017 |
| 05AAACR4686C1ZJ | Uttarakhand | Active | 04 Dec 2018 |
To see the full GST registrations and return filing status of Raghav Industries Limited, buy the company report.
Recent activity
Raghav Industries Limited has 7 board changes on record since 1987: 4 appointments and 3 cessations. The latest: Aarthi Kanodia ceased to be Additional Director on 28 Jan 2022.
14 earlier events are in the company report.
Frequently asked questions
Raghav Industries is an active public limited company based in Chennai, Tamil Nadu, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 24 November 1987 (39+ years old) and is registered under CIN U93090TN1987PLC015077.
Raghav Industries has 4 current directors:
- Rajendra Kanodia Kumar - Managing Director
- Raghav Kanodia - Director
- Archana Arvind Agrawal - Additional Director
- Madhu Devi Kanodia - Director
The latest financial statements of Raghav Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Raghav Industries is 33AAACR4686C1ZK, registered in Tamil Nadu. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 03AAACR4686C1ZN (Punjab), 18AAACR4686C1ZC (Assam), 05AAACR4686C1ZJ (Uttarakhand).
The CIN (Corporate Identification Number) of Raghav Industries is U93090TN1987PLC015077. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raghav Industries was incorporated on 24 November 1987, making it 39+ years old. It is registered with the Registrar of Companies, Chennai.
Aarthi Kanodia ceased to be Additional Director on 28 Jan 2022. Archana Arvind Agrawal was appointed as Additional Director on 28 Jan 2022. Raghav Kanodia ceased to be Director on 13 Nov 2019. Raghav Industries has 7 board changes on record in total.
Raghav Industries can be reached through the website raghavgroups.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Raghav Industries is at Plot No. 510 New Door No. 12 6th Main Road M.K.B. Nagar Vysarpadi, Chennai, Tamil Nadu, India – 600039.
Raghav Industries operates in the manufacturing industry, in the textile and fabric production segment.
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