Raj Innotech Limited

Raj Innotech Limited - machinery and equipment in Gondal, Gujarat, India. FY 2026 financials & compliance.
CIN U29259GJ2009PLC056306 Incorporated 09 March 2009 ROC Ahmedabad HQ Gondal, Gujarat, India
Active Public Limited Company machinery and equipment MSME · Small
Data last updated
Revenue · FY 2025
₹28.77 Cr
▲ 23% YoY
Net profit · FY 2025
₹2.82 Cr
Net margin 9.8%
EBITDA · FY 2025
₹5.2 Cr
EBITDA margin 18.1%
Authorised capital
₹6 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Open charges
₹10.51 Cr
Satisfied ₹2.33 Cr
Company age
17 yrs
Est. 2009
Employees · EPFO
24
Provident fund records

About Raj Innotech Limited

Data last updated:

Raj Innotech Limited is a public limited company based in Gondal, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 09 March 2009 and has been in existence for over 17 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29259GJ2009PLC056306. Its GSTIN is 24AAECR3013M1ZJ (Gujarat). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹2 Cr. It was formerly known as Raj Water Technology Private Limited and Raj Water Technology (Guj.) Private Limited. It is led by directors including Mohil Sanjaybhai Dhuliya and Soniyaben Sanjaybhai Dhuliya.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gondal, Gujarat.

As per the financials filed for FY 2025, the company reported a revenue of ₹28.77 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 9.8%) and EBITDA of ₹5.2 Cr (EBITDA margin 18.1%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 15% over five years.

The company has about 24 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.51 Cr and satisfied charges of ₹2.33 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company; 4 cases are pending.

Raj Innotech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0005818). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajwater.com.

Company details

CIN U29259GJ2009PLC056306
Registration Number 056306
Incorporation Date 09 March 2009
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0005818

Name history

Raj Innotech has undergone 3 name changes throughout its history. The company was previously known as Raj Water Technology Private Limited, Raj Water Technology (Guj.) Private Limited, and Raj Innotech Limited. The current legal name is Raj Innotech Limited.

Company NameStatus
Raj Innotech LimitedCurrent
Raj Water Technology Private LimitedPrevious
Raj Water Technology (Guj.) Private LimitedPrevious

CIN history

Raj Innotech has one previous CIN (Corporate Identification Number): U29259GJ2009PTC056306. The current CIN is U29259GJ2009PLC056306, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29259GJ2009PLC056306Current
U29259GJ2009PTC056306Previous
Key People
Mohil Sanjaybhai Dhuliya Director Soniyaben Sanjaybhai Dhuliya Director Sanjaybhai Himatlal Dhuliya Director

Recognitions & Rankings of Raj Innotech

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-20-0005818

Contact details

Raj Innotech Limited's registered office is in Gondal, Gujarat.

  • Social Media
  • Registered Address
    Plot No. 3 Survey No. 44 Nr. Classica Corner, Hadamtala Village Road, Gondal, Gujarat, India – 360311
  • Industry
    Machinery and Equipment, Process Machinery & Industrial Equipment
Comprehensive company report
Raj Innotech 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 Raj Innotech is manufacturing. In detail, this covers metal and metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC7Metal and metal products

To see the full business activity and turnover split of Raj Innotech Limited, buy the company report.

Financials of Raj Innotech Limited

FY 2024 filings available

Raj Innotech Limited reported revenue of ₹28.77 Cr (up 23% YoY) for FY 2025.

Revenue · FY 2025
₹28.77 Cr ▲ 23%
Net profit · FY 2025
₹2.82 Cr margin 9.8%
EBITDA · FY 2025
₹5.2 Cr margin 18.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 23%
3 years · compounded
▲ 49%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 113%
3 years · compounded
▲ 69%
5 years · compounded
▲ 67%

Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 23% growth in the latest year. EBITDA rose 113% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.82 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin18.1%
Net Profit Margin9.8%
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 Raj Innotech Limited, buy the company report.

Board of directors of Raj Innotech Limited

Raj Innotech has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mohil Sanjaybhai Dhuliya
Also directs: Royal Pet Private Limited
Director01 Nov 20178 Years 11 MonthsCurrent
Soniyaben Sanjaybhai Dhuliya
Also directs: Rita Juice&Drink LLP, Nova Printpack LLP
Director09 Mar 200917 Years 7 MonthsCurrent
Sanjaybhai Himatlal Dhuliya
Also directs: Rita Juice&Drink LLP, Raj Ion Exchange LLP, R R Pet Preforms Private Limited
Director09 Mar 200917 Years 7 MonthsCurrent
View all directors

Charges & borrowings

Open charges
₹10.51 Cr
Satisfied charges
₹2.33 Cr
Breakdown by lending institutions
Axis Bank Limited₹10.51 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Dec 2023100839790Axis Bank Limited₹1.1 CrOpen
23 Jul 2020100361086Axis Bank Limited₹30.82 LakhOpen
18 Sep 2017100128011Axis Bank Limited₹9.1 CrOpen
15 Dec 201210402229State Bank of Patiala₹1 CrSatisfied
22 Aug 200910173001State Bank of Patiala₹1.33 CrSatisfied

To see the full charge records of Raj Innotech Limited, buy the company report.

Total charge records: 5 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Raj Innotech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Raj Innotech has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
24AAECR3013M1ZJGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Raj Innotech Limited, buy the company report.

Recent activity

Raj Innotech Limited has 4 board changes on record since 2009: 3 appointments and 1 cessation. The latest: Mohil Sanjaybhai Dhuliya ceased to be Additional Director on 29 Sep 2018.

Charges
A charge with Axis Bank Limited of Rs. 9.10 Cr registered on 18 Sep 2017 with Charge ID 100128011 was modified on 03 Oct 2025.
AGM
Raj Innotech Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Raj Innotech Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Axis Bank Limited amounted to Rs. 1.10 Cr with Charge ID 100839790 was registered on 21 Dec 2023.
Charges
A charge with Axis Bank Limited of Rs. 0.31 Cr registered on 23 Jul 2020 with Charge ID 100361086 was modified on 31 Aug 2020.
Charges
A charge registered on 15 Dec 2012 via Charge ID 10402229 with State Bank Of Patiala was fully satisfied on 04 Aug 2020.
Charges
A charge registered on 22 Aug 2009 via Charge ID 10173001 with State Bank Of Patiala was fully satisfied on 04 Aug 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.31 Cr with Charge ID 100361086 was registered on 23 Jul 2020.
Ceased
Mohil Sanjaybhai Dhuliya ceased to be Additional Director.
Appointed
Mohil Sanjaybhai Dhuliya was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 9.10 Cr with Charge ID 100128011 was registered on 18 Sep 2017.
Charges
A charge with State Bank Of Patiala of Rs. 1.00 Cr registered on 15 Dec 2012 with Charge ID 10402229 was modified on 24 Sep 2015.

6 earlier events are in the company report.

Frequently asked questions

Raj Innotech is an active public limited company based in Gondal, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 09 March 2009 (17+ years old) and is registered under CIN U29259GJ2009PLC056306.

Raj Innotech has 3 current directors:

The latest financial statements of Raj Innotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Raj Innotech is 24AAECR3013M1ZJ, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Raj Innotech is U29259GJ2009PLC056306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Raj Innotech has 9 court cases on record: 9 filed by the company. 4 are pending. Most are in the district courts.

Raj Innotech was incorporated on 09 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Mohil Sanjaybhai Dhuliya ceased to be Additional Director on 29 Sep 2018. Mohil Sanjaybhai Dhuliya was appointed as Director on 01 Nov 2017. Sanjaybhai Himatlal Dhuliya was appointed as Director on 09 Mar 2009. Raj Innotech has 4 board changes on record in total.

Yes, Raj Innotech is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0005818).

Raj Innotech can be reached through the website rajwater.com. Its registered office is in Gondal, Gujarat, India.