MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-28-0068690
Raja Explosives Private Limited
Raja Explosives Private Limited - chemicals in Erode, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹137.39 Cr
▲ 10% YoY
Net profit · FY 2025
₹1.72 Cr
Net margin 1.3%
EBITDA · FY 2025
₹5.15 Cr
EBITDA margin 3.7%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹5.48 Cr
Issued & subscribed
Open charges
₹44.41 Cr
Satisfied ₹2.45 Cr
Company age
30 yrs
Est. 1996
Employees · EPFO
54
Provident fund records
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 4 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.
Company details
CIN U24292TZ1996PTC007607
Registration Number 007607
Incorporation Date 13 December 1996
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Cdet Explosive Industries Private Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-28-0068690
Key People
Murugasen Rajkumar Managing Director Siddampalaya Subbanna Gounder Murugasen Whole-Time Director Rahul Hirachand Patwi Company Secretary Recognitions & Rankings of Raja Explosives
Contact details
Raja Explosives Private Limited's registered office is in Erode, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address60 Thangaperumal Street Erode, Tamil Nadu, India – 638002
- IndustryChemicals, Medicinal Chemical & Botanical Products, Pharmaceuticals, Chemical Products
To see the full contact details of Raja Explosives Private Limited, buy the company report.
Comprehensive company report
Raja Explosives Private 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 Raja Explosives is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Raja Explosives Private Limited, buy the company report.
Financials of Raja Explosives Private Limited
FY 2024 filings availableRaja Explosives Private Limited reported revenue of ₹137.39 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹137.39 Cr ▲ 10%
Net profit · FY 2025
₹1.72 Cr margin 1.3%
EBITDA · FY 2025
₹5.15 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 9%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▼ 69%
3 years · compounded
▼ 30%
5 years · compounded
▲ 4%
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹5.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.72 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| 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) | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Raja Explosives Private Limited, buy the company report.
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.
Current Directors and KMP
| 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
Raja Explosives Private Limited is compared with the 10 companies closest to it 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.
| 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 Limitedthis company | ₹137.39 Cr (FY 2025) | ₹1.72 Cr | 1.3% | 10.0% | 54 | 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 |
To see the full peer comparison of Raja Explosives Private Limited, buy the company report.
Auditor
Raja Explosives Private Limited is audited by ASHOK DURAISAMY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHOK DURAISAMY | FY 2023 | 205424 |
Shareholding
The shareholding of Raja Explosives Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Raja Explosives Private Limited, buy the company report.
Charges & borrowings
Open charges
₹44.41 Cr
Satisfied charges
₹2.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2024 | 100963709 | Others | ₹3.56 Cr | Open | |
| 30 May 2024 | 100939569 | Hdfc Bank Limited | ₹15 Lakh | Open | |
| 08 Sep 2023 | 100809818 | Hdfc Bank Limited | ₹72.64 Lakh | Open | |
| 23 Mar 2023 | 100723098 | Hdfc Bank Limited | ₹54 Lakh | Open | |
| 21 Sep 2020 | 100373029 | Hdfc Bank Limited | ₹25 Lakh | Open |
To see the full charge records of Raja Explosives Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Raja Explosives Private Limited has 6 court cases on record: 2 filed by Raja Explosives, 4 filed against it. 1 case is pending and 5 are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 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 | Filed against the company | 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 |
To see the full case history of Raja Explosives 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
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 |
To see the full MSME payment records of Raja Explosives Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Raja Explosives Private Limited has a workforce of 54 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
54
Active EPFO establishments
1
Employee growth
-15.62%
GST
Raja Explosives has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCR6236K1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Raja Explosives Private Limited, buy the company report.
Recent activity
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.
AGM
Raja Explosives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 03 Mar 2021 via Charge ID 100434912 with Hdfc Bank Limited was fully satisfied on 31 Jul 2024.
Charges
A charge registered on 29 Jan 2021 via Charge ID 100410854 with Hdfc Bank Limited was fully satisfied on 31 Jul 2024.
Charges
A charge registered on 22 Dec 2020 via Charge ID 100399640 with Hdfc Bank Limited was fully satisfied on 31 Jul 2024.
Charges
A charge registered on 03 Jun 2019 via Charge ID 100266248 with Hdfc Bank Limited was fully satisfied on 31 Jul 2024.
Charges
A charge registered on 11 Apr 2019 via Charge ID 100253161 with Hdfc Bank Limited was fully satisfied on 31 Jul 2024.
Charges
A charge with Others amounted to Rs. 3.56 Cr with Charge ID 100963709 was registered on 29 Jul 2024.
Charges
A charge with Axis Bank Limited of Rs. 38.48 Cr registered on 28 May 2014 with Charge ID 10501280 was modified on 06 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.15 Cr with Charge ID 100939569 was registered on 30 May 2024.
Filing
Raja Explosives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.73 Cr with Charge ID 100809818 was registered on 08 Sep 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.54 Cr with Charge ID 100723098 was registered on 23 Mar 2023.
27 earlier events are in the company report.
Frequently asked questions
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 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
The latest financial statements of Raja Explosives 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 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 4 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).
Raja Explosives has 10 MSME Form 1 returns on record between 2019 and 2024, listing 124 overdue payments to 18 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Raja Explosives is at 60 Thangaperumal Street Erode, Tamil Nadu, India – 638002.