About Raghavendar Tech Excellence Private Limited
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Raghavendar Tech Excellence Private Limited is a private limited company based in Indore, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 21 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U36100MP2017PTC043982. Its GSTIN is 23AAICR4737J1Z6 (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Gunalan Pallavarasu and Santhana Lakshmi.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.49 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹94.72 Lakh (net margin -38%) and EBITDA of -₹99.61 Lakh (EBITDA margin -39.9%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 2% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website r-tech.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressHalka No. 38 109/2/1/1, Sector A Sanwer Road Near Tigriya Badshah Railway Station, Indore, Madhya Pradesh, India – 452015
- IndustryMachinery and Equipment, Material Handling & Storage Equipment, Hydraulic Machinery & Equipment
- 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 Raghavendar Tech Excellence Private Limited
The main business activities of Raghavendar Tech Excellence are manufacturing and professional, scientific and technical. In detail, this covers wood and wood products, furniture, paper and paper products, electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other professional, scientific and technical activities. 3 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 | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Raghavendar Tech Excellence Private Limited FY 2025 filings available
Raghavendar Tech Excellence Private Limited reported revenue of ₹2.49 Cr (down 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Raghavendar Tech Excellence Private Limited
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 589% 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 Raghavendar Tech Excellence Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹99.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹94.72 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 of Raghavendar Tech Excellence Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -38% | •••• | •••• | •••• | •••• |
| 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 Raghavendar Tech Excellence are in the company report.
Financial statements from FY 2018
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 Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic Equipment, Material Handling Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Laxmi Crane Service Private Limited | ₹2.53 Cr (FY 2024) | •••• | •••• | 83.0% | •••• | Chomu, Rajasthan, India |
| BC Expo India Private Limited | ₹2.52 Cr (FY 2024) | •••• | •••• | -92.0% | •••• | Mumbai, Maharashtra, India |
| Expert Equipments Pvt Ltd | ₹2.51 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Thane, Maharashtra, India |
| Real Elevators Limited | ₹2.5 Cr (FY 2017) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| United Elevators Pvt Ltd | ₹2.49 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Kolkata, West Bengal, India |
| Raghavendar Tech Excellence Private Limited this company | ₹2.49 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Indore, Madhya Pradesh, India |
| Baka Liftec (India) Private Limited | ₹2.48 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Jaysons Machinery and Equipments Pvt Ltd | ₹2.48 Cr (FY 2025) | •••• | •••• | 94.0% | •••• | Ambarnath, Maharashtra, India |
| Shuttlesky Lifts Private Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | 190.0% | •••• | Delhi, India |
| Tycon Elevators Private Limited | ₹2.47 Cr (FY 2019) | •••• | •••• | 56.0% | •••• | Bangalore, Karnataka, India |
| Qube Elevators Private Limited | ₹2.46 Cr (FY 2019) | •••• | •••• | 325.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Raghavendar Tech Excellence by revenue in the Machinery and Equipment industry (Hydraulic Equipment, Material Handling Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence Private Limited is audited by V D Kothari & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V D Kothari & Associates | 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 Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gunalan Pallavarasu | Director | 21 Aug 2017 | 9 Years 1 Months | Current |
| Santhana Lakshmi | Director | 21 Aug 2017 | 9 Years 1 Months | Current |
Ownership and Shareholding of Raghavendar Tech Excellence 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 Raghavendar Tech Excellence Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 May 2024 | Standard Chartered Bank | ₹25 Lakh | Open |
| 01 Feb 2024 | Others | ₹90 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence Private Limited has a workforce of 32 employees as of Apr 05, 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.
CIN History of Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence has one previous CIN (Corporate Identification Number): U29309MP2017PTC043982. The current CIN is U36100MP2017PTC043982, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U36100MP2017PTC043982 | Current |
| U29309MP2017PTC043982 | Previous |
Recent Activity on Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Gunalan Pallavarasu was appointed as Director on 21 Aug 2017.
Credit Ratings, Litigation & Regulatory Alerts for Raghavendar Tech Excellence 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 Raghavendar Tech Excellence 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 Raghavendar Tech Excellence 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 Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAICR4737J1Z6 | Madhya Pradesh | Active | 23 Sep 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 Raghavendar Tech Excellence 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 Raghavendar Tech Excellence Private Limited
Raghavendar Tech Excellence is an active private limited company based in Indore, Madhya Pradesh, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 21 August 2017 (9+ years old) and is registered under CIN U36100MP2017PTC043982.
Raghavendar Tech Excellence reported revenue of ₹2.49 Cr for FY 2024 (down 24% YoY).
Raghavendar Tech Excellence has 2 current directors:
- Gunalan Pallavarasu - Director
- Santhana Lakshmi - Director
Raghavendar Tech Excellence reported a net loss of ₹94.72 Lakh (net margin -38%) and EBITDA of -₹99.61 Lakh (EBITDA margin -39.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Raghavendar Tech Excellence is 29% over three years and 2% over five years. In the latest year (FY 2024) revenue fell 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Raghavendar Tech Excellence is 23AAICR4737J1Z6, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Raghavendar Tech Excellence is U36100MP2017PTC043982. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raghavendar Tech Excellence was incorporated on 21 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Raghavendar Tech Excellence by revenue are Shree Laxmi Crane Service Private Limited, BC Expo India Private Limited, Expert Equipments Pvt Ltd, Real Elevators Limited, United Elevators Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Hydraulic Equipment, Material Handling Equipment).
Gunalan Pallavarasu was appointed as Director on 21 Aug 2017. Santhana Lakshmi was appointed as Director on 21 Aug 2017.
Yes, Raghavendar Tech Excellence is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).