- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0068690

Raja Explosives Private Limited
About Raja Explosives Private Limited
Data last updated:
Raja Explosives Private Limited is a private limited company based in Erode, Tamil Nadu, India, a subsidiary of Cdet Explosive Industries Private Limited. It operates in the medicinal chemical and botanical products segment of the chemicals sector. It was incorporated on 13 December 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U24292TZ1996PTC007607. Its GSTIN is 33AABCR6236K1ZC (Tamil Nadu).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.48 Cr. It is led by directors including Murugasen Rajkumar (Managing Director) and Siddampalaya Subbanna Gounder Murugasen (Whole-Time Director).
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 60 Thangaperumal Street Erode, Tamil Nadu, India – 638002.
As per the financials filed for FY 2025, the company reported a revenue of ₹137.39 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.72 Cr (net margin 1.3%) and EBITDA of ₹5.15 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 21% over five years.
The company has about 54 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹44.41 Cr and satisfied charges of ₹2.45 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
Raja Explosives Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-28-0068690). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Raja Explosives
- EmailLocked
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- WebsiteLocked
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- Registered Address60 Thangaperumal Street Erode, Tamil Nadu, India – 638002
- IndustryChemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
- 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 Raja Explosives Private Limited
The main business activity of Raja Explosives is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Raja Explosives Private Limited FY 2024 filings available
Raja Explosives Private Limited reported revenue of ₹137.39 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Raja Explosives Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 10% growth in the latest year. EBITDA fell 69% 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 Raja Explosives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹5.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.72 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 of Raja Explosives Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Raja Explosives are in the company report.
Financial statements from 2015
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.
Board of Directors and KMP of Raja Explosives Private Limited
Raja Explosives Private Limited currently reports 4 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddampalaya Subbanna Gounder Murugasen | Whole-Time Director | 13 Dec 1996 | 29 Years 10 Months | Current |
| Rahul Hirachand Patwi Also directs: Cdet Explosive Industries Private Limited | Company Secretary | 06 Apr 2019 | 7 Years 6 Months | Current |
| Saumitra Ashok Rathi Also directs: Aarvy Agrochem Private Limited, Cdet Explosive Industries Private Limited, Commercial Explosives (India) Private Ltd and 1 more | Director | 01 Nov 2012 | 13 Years 11 Months | Current |
| Murugasen Rajkumar | Managing Director | 13 Dec 1996 | 29 Years 10 Months | Current |
| Raghav Ashok Rathi | Director | 31 Jul 2018 | 8 Years 2 Months | Current |
Peer Comparison of Raja Explosives Private Limited
Raja Explosives Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Encee Aromatics Private Limited | ₹138.28 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Mettupalayam, Tamil Nadu, India |
| Balaji Chem Solutions Private Limited | ₹138.22 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Sangrur, Punjab, India |
| Rol Agrichem Private Limited | ₹137.83 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Delhi, India |
| Soham Polymers Private Limited | ₹137.56 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Thane, Maharashtra, India |
| Bio-Pharma Laboratories Private Limited | ₹137.45 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Bollaram, Telangana, India |
| Raja Explosives Private Limited this company | ₹137.39 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Erode, Tamil Nadu, India |
| M.M. Remedies Private Limited | ₹137.33 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Llucknow, Uttar Pradesh, India |
| Palsons Derma Private Limited | ₹137.11 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Kolkata, West Bengal, India |
| Atul Bioscience Limited | ₹136.8 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Atul, Gujarat, India |
| Lasa Laboratory Private Limited | ₹136.67 Cr (FY 2016) | •••• | •••• | 92.0% | •••• | Badlapur, Maharashtra, India |
| Maxwell Life Science Limited | ₹136.55 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Raja Explosives by revenue in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), 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 Raja Explosives Private Limited
Raja Explosives Private Limited is audited by ASHOK DURAISAMY for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ASHOK DURAISAMY | 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.
Ownership and Shareholding of Raja Explosives 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 Raja Explosives Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2024 | Others | ₹3.56 Cr | Open |
| 30 May 2024 | Hdfc Bank Limited | ₹15 Lakh | Open |
| 08 Sep 2023 | Hdfc Bank Limited | ₹72.64 Lakh | Open |
| 23 Mar 2023 | Hdfc Bank Limited | ₹54 Lakh | Open |
| 21 Sep 2020 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 17 View all charges
Legal Cases of Raja Explosives Private Limited
Raja Explosives Private Limited has 6 court cases on record: 2 filed by Raja Explosives, 3 filed against it, 1 where it is another party. 1 case is pending and 5 are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 3 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Pending |
| District court, Tiruppur, Tamil Nadu | Motor accident claim | Company is another party | Disposed |
| District court, Erode, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
| District court, Ernakulam, Kerala | Court case (OP (MV)) | Filed against the company by an individual | Disposed |
| District court, Ernakulam, Kerala | Court case (OP (MV)) | Filed against the company by an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Raja Explosives Private Limited
Raja Explosives Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 124 overdue payments to 18 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 18)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| V. Pachiappan & Co. | •••• | •••• | •••• |
| Shri RR Agencies | •••• | •••• | •••• |
| Mahadhan Agritech Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ero Motors | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Raja Explosives Private Limited
Raja Explosives Private Limited has a workforce of 54 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.
Recent Activity on Raja Explosives Private Limited
Raja Explosives Private Limited has 10 board changes on record since 1996: 5 appointments and 5 cessations. The latest: Sasadhar Dash ceased to be Additional Director on 30 Sep 2019.
27 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Raja Explosives 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.
Subsidiaries & Group Companies of Raja Explosives 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 Raja Explosives Private Limited
Raja Explosives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCR6236K1ZC | Tamil Nadu | Active | 01 Jul 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 Raja Explosives 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 Raja Explosives Private Limited
Raja Explosives is an active private limited company based in Erode, Tamil Nadu, India. The company works in medicinal chemical and botanical products, within the chemicals industry. It was incorporated on 13 December 1996 (30+ years old) and is registered under CIN U24292TZ1996PTC007607.
Raja Explosives reported revenue of ₹137.39 Cr for FY 2025 (up 10% YoY).
Raja Explosives has 5 current directors and KMP:
- Murugasen Rajkumar - Managing Director
- Siddampalaya Subbanna Gounder Murugasen - Whole-Time Director
- Saumitra Ashok Rathi - Director
- Raghav Ashok Rathi - Director
- Rahul Hirachand Patwi - Company Secretary
Raja Explosives reported a net profit of ₹1.72 Cr (net margin 1.3%) and EBITDA of ₹5.15 Cr (EBITDA margin 3.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Raja Explosives is 9% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Raja Explosives is 33AABCR6236K1ZC, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Raja Explosives is U24292TZ1996PTC007607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raja Explosives has 6 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending.
Raja Explosives was incorporated on 13 December 1996, making it 30+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Raja Explosives by revenue are Encee Aromatics Private Limited, Balaji Chem Solutions Private Limited, Rol Agrichem Private Limited, Soham Polymers Private Limited, Bio-Pharma Laboratories Private Limited and 5 more, all in the same principal business activity (Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Sasadhar Dash ceased to be Additional Director on 30 Sep 2019. Rahul Hirachand Patwi was appointed as Company Secretary on 06 Apr 2019. Raghav Ashok Rathi ceased to be Additional Director on 28 Sep 2018. Raja Explosives has 10 board changes on record in total.
Yes, Raja Explosives is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-28-0068690).