About Rajasthan Securities Limited
Data last updated:
Rajasthan Securities Limited is a public limited company based in Nagpur, Maharashtra, India. It operates in the oil and gas distribution and transmission segment of the energy and power sector. It was incorporated on 27 August 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Nagpur, under CIN L64990MH1993PLC272204. Its GSTIN is 27AABCR8664H1Z0 (Maharashtra). It is a listed company as per MCA records. Its shares are listed on BSE: 526873.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹23.06 Cr. It was formerly known as Rajasthan Gases Limited. It is led by directors including Nikhilesh Narendra Khandelwal (Managing Director) and Arpit Ashok Khemani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Nagpur, Maharashtra.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹61.21 Cr. For the same year it recorded a net profit of ₹25.88 Cr (net margin 42.3%) and EBITDA of ₹33.63 Cr (EBITDA margin 54.9%). The net worth stands at ₹116.9 Cr (up 225.5% YoY). Total assets are valued at ₹116.96 Cr (up 225.7% YoY).
The company is associated with 1 brand: Rajasthan Gases. Court records list 13 cases involving the company, including 5 filed by the company and 8 filed against it. The company has 12 deals on record (11 market trades, 1 convertible or debt financing), with disclosed funding of ₹23.25 Cr; the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajasthangasesltd.com.
Company details
CIN history
Rajasthan Securities has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64990MH1993PLC272204, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64990MH1993PLC272204 | Current |
| L24111RJ1993PLC007646 | Previous |
| L24111MH1993PLC272204 | Previous |
Contact details
Rajasthan Securities Limited's registered office is in Nagpur, Maharashtra.
- Registered AddressShop No.107 Plot No.268, Honey Arjun Kauslya Tower Ca Road, Nagpur, Maharashtra, India – 440008
- IndustryEnergy and Power, Oil & Gas Distribution & Transmission
- 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
Brands
Rajasthan Securities operates one associated brand: Rajasthan Gases. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial gases are manufactured and supplied across India. | rajasthangasesltd.com |
Financials of Rajasthan Securities Limited
FY 2025-26 filings availableRajasthan Securities Limited reported revenue of ₹61.21 Cr for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 61.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | (0.01) |
| Revenue growth | - | - | - | - | -100.0% | +2500.0% | - |
| EBITDA | 33.63 | (0.20) | (0.13) | (0.75) | (0.34) | (0.08) | (0.08) |
| EBITDA margin | +54.9% | - | - | - | - | -33.3% | +800.0% |
| Profit before tax | 104 | 8.03 | (0.51) | (1.04) | (0.43) | (0.11) | (0.10) |
| Net profit | 25.88 | (2.24) | (0.51) | (1.04) | (0.43) | (0.11) | (0.10) |
| Net profit margin | +42.3% | - | - | - | - | -45.8% | +1000.0% |
| EPS (₹) | 10.54 | 0.91 | (0.06) | (1.92) | (0.80) | (0.19) | (0.17) |
| Balance sheet | |||||||
| Total assets | 117 | 35.91 | 28.90 | 12.76 | 5.43 | 1.86 | 1.76 |
| Net worth | 117 | 35.91 | 28.89 | 7.94 | 1.23 | 1.66 | 1.76 |
| Total debt | 0.00 | 0.00 | 0.00 | 4.81 | 4.20 | 0.20 | 0.00 |
| Cash & bank | 0.90 | 0.15 | 0.32 | 0.69 | 0.40 | 0.31 | 0.04 |
| Net working capital | 104 | 5.41 | 0.31 | 0.67 | 0.39 | 0.26 | 0.16 |
| Cash flow | |||||||
| Cash from operations | (61.62) | 2.28 | (1.00) | (1.03) | (0.46) | 0.18 | 0.00 |
| Cash from investing | 63.17 | (2.46) | (16.01) | (7.04) | (3.46) | 0.00 | 0.00 |
| Cash from financing | (0.80) | 0.00 | 16.64 | 8.36 | 4.00 | 0.09 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.02 | 61.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 4.72 | 14.93 | 0.55 | 46.18 | 9.84 | 1.80 | 6.42 | 0.01 |
| Total expenses | 14.11 | 3.11 | 24.17 | 0.15 | 0.15 | 0.11 | 0.01 | 0.01 |
| EBITDA | (9.09) | 58.10 | (24.17) | (0.15) | (0.15) | (0.11) | (0.01) | (0.01) |
| EBITDA margin | -181.1% | +94.9% | - | - | - | - | - | - |
| Depreciation | 0.05 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.44 | 0.07 | 0.37 | 0.27 | 0.08 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (4.86) | 72.93 | (23.99) | 45.76 | 9.61 | 1.69 | 6.41 | 0.00 |
| Tax | 0.00 | 11.80 | 0.00 | 11.52 | 0.00 | 1.02 | 0.00 | 0.00 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5.02 | 61.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 4.72 | 14.93 | 0.55 | 46.18 | 9.84 | 1.80 | 6.42 | 0.01 |
| Total expenses | 14.11 | 3.11 | 24.17 | 0.15 | 0.15 | 0.11 | 0.01 | 0.01 |
| EBITDA | (9.09) | 58.10 | (24.17) | (0.15) | (0.15) | (0.11) | (0.01) | (0.01) |
| EBITDA margin | -181.1% | +94.9% | - | - | - | - | - | - |
| Depreciation | 0.05 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.44 | 0.07 | 0.37 | 0.27 | 0.08 | 0.00 | 0.00 | 0.00 |
| Profit before tax | (4.86) | 72.93 | (23.99) | 45.76 | 9.61 | 1.69 | 6.41 | 0.00 |
| Tax | 0.00 | 11.80 | 0.00 | 11.52 | 0.00 | 1.02 | 0.00 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 61.21 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 | (0.01) |
| Revenue growth | - | - | - | - | -100.0% | +2500.0% | - |
| Other income | 71.50 | 8.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 27.58 | 0.20 | 0.13 | 0.75 | 0.34 | 0.32 | 0.07 |
| Employee cost | 0.13 | 0.09 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 |
| EBITDA | 33.63 | (0.20) | (0.13) | (0.75) | (0.34) | (0.08) | (0.08) |
| EBITDA margin | +54.9% | - | - | - | - | -33.3% | +800.0% |
| Depreciation | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.80 | 0.00 | 0.38 | 0.29 | 0.09 | 0.03 | 0.02 |
| Profit before tax | 104 | 8.03 | (0.51) | (1.04) | (0.43) | (0.11) | (0.10) |
| Tax | 23.32 | 1.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net profit | 25.88 | (2.24) | (0.51) | (1.04) | (0.43) | (0.11) | (0.10) |
| Net profit margin | +42.3% | - | - | - | - | -45.8% | +1000.0% |
| EPS (₹) | 10.54 | 0.91 | (0.06) | (1.92) | (0.80) | (0.19) | (0.17) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 23.06 | 23.06 | 23.06 | 1.61 | 1.61 | 1.61 | 1.61 |
| Reserves & surplus | 93.84 | 12.85 | 5.83 | (1.42) | (0.38) | 0.05 | 0.15 |
| Shareholders' funds (net worth) | 117 | 35.91 | 28.89 | 7.94 | 1.23 | 1.66 | 1.76 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 4.81 | 4.20 | 0.20 | 0.00 |
| Total debt | 0.00 | 0.00 | 0.00 | 4.81 | 4.20 | 0.20 | 0.00 |
| Total liabilities | 117 | 35.91 | 28.90 | 12.76 | 5.43 | 1.86 | 1.76 |
| Assets | |||||||
| Gross block | 0.25 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net block | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 13.19 | 30.50 | 28.04 | 12.04 | 5.00 | 1.54 | 1.54 |
| Inventories | 0.80 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.24 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 0.90 | 0.15 | 0.32 | 0.69 | 0.40 | 0.31 | 0.04 |
| Loans & advances | 125 | 6.44 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total current assets | 127 | 6.59 | 0.32 | 0.69 | 0.40 | 0.31 | 0.28 |
| Total current liabilities | 22.89 | 1.18 | 0.01 | 0.02 | 0.01 | 0.05 | 0.12 |
| Net working capital | 104 | 5.41 | 0.31 | 0.67 | 0.39 | 0.26 | 0.16 |
| Total assets | 117 | 35.91 | 28.90 | 12.76 | 5.43 | 1.86 | 1.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.15 | 0.32 | 0.69 | 0.40 | 0.31 | 0.04 | 0.04 |
| Net cash from operating activities | (61.62) | 2.28 | (1.00) | (1.03) | (0.46) | 0.18 | 0.00 |
| Net cash from investing activities | 63.17 | (2.46) | (16.01) | (7.04) | (3.46) | 0.00 | 0.00 |
| Net cash from financing activities | (0.80) | 0.00 | 16.64 | 8.36 | 4.00 | 0.09 | 0.00 |
| Net change in cash | 0.75 | (0.18) | (0.37) | 0.29 | 0.09 | 0.27 | 0.00 |
| Closing cash | 0.90 | 0.15 | 0.32 | 0.69 | 0.40 | 0.31 | 0.04 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | - | - | - | -100.0% | +2500.0% | - |
| EBITDA growth | - | -53.9% | +82.7% | -120.6% | -325.0% | 0.0% | - |
| PBT growth | +1198.9% | +9998.0% | +51.0% | -141.9% | -290.9% | -10.0% | -25.0% |
| Net income growth | +1255.4% | -339.2% | +51.0% | -141.9% | -290.9% | -10.0% | - |
| Revenue CAGR (3Y) | - | - | -100.0% | -100.0% | -100.0% | - | - |
| EBITDA CAGR (3Y) | - | -16.2% | +17.6% | +110.9% | +26.0% | -3.9% | +4.6% |
| Profitability & leverage | |||||||
| Net income margin | +132.3% | - | - | - | - | -45.8% | +1000.0% |
| Return on capital employed | +78.6% | -0.6% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Return on net worth | +33.9% | -6.9% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Debt / equity | 0.00 | 0.00 | 0.13 | 0.98 | 1.52 | 0.06 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.13 | 0.98 | 1.45 | 0.00 | 0.00 |
| Interest cover | 2.38 | 0.00 | -292.31 | -38.67 | -26.47 | -37.50 | -25.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 489.68 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | 153.03 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 10.54 | 0.91 | (0.06) | (1.92) | (0.80) | (0.19) | (0.17) |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 15.21 | 4.67 | 3.76 | 0.36 | 2.29 | 3.09 | 3.28 |
To see the full year-wise statements and ratios of Rajasthan Securities Limited, buy the company report.
Board of directors of Rajasthan Securities Limited
Rajasthan Securities has 4 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jiteshkumar Narsingdas Agrawal | Additional Director | 07 Oct 2025 | 1 Years 0 Months | Current |
| Arpit Ashok Khemani | Director | 26 Sep 2024 | 2 Years 0 Months | Current |
| Nikhilesh Narendra Khandelwal Also directs: RSL Securities Private Limited | Managing Director | 04 Sep 2014 | 12 Years 1 Months | Current |
| Dipa Katre | Director | 26 Sep 2024 | 2 Years 0 Months | Current |
Deals & funding
Rajasthan Securities Limited has 12 deals on record (11 market trades, 1 convertible or debt financing), with disclosed funding of ₹23.25 Cr; the latest was in July 2022.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Market trade | ₹4.3 Lakh | Buyer: Abhay Commerce Pvt. Ltd. Seller: an individual |
| Oct 2014 | Market trade | ₹10 Lakh | Buyer: an individual Seller: Sonar Sansar Jewellers Private Limited , an individual |
| Oct 2014 | Market trade | ₹10 Lakh | Buyer: an individual Seller: Raj Parivahan Pvt Ltd |
| Sep 2014 | Market trade | ₹10.3 Lakh | Buyer: an individual Seller: Kaisha Realty Private Limited , an individual |
| Sep 2014 | Market trade | ₹9.8 Lakh | Buyer: an individual Seller: Kaisha Realty Private Limited , an individual |
To see the full deal history of Rajasthan Securities Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rajasthan Securities Limited has 13 court cases on record: 5 filed by Rajasthan Securities, 8 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 0 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against M/S. Boomi Bottling Gas Co. Pvt. Ltd. and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons cases SS) | Filed against the company by Maharashtra Apex Corp. Ltd. | Disposed |
| Bombay High Court | Court case (CHOL) | Filed against the company by Maha Rashtra Apex Corpn. Ltd. | Disposed |
| District court, Dhule, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against State of Maharashtra | Disposed |
| High Court, TAMIL NADU | Appeal | Filed against the company by Sundram Finance Ltd., | Disposed |
To see the full case history of Rajasthan Securities 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
No delayed payments to MSME suppliers are on our record for Rajasthan Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajasthan Securities has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR8664H1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rajasthan Securities Limited, buy the company report.
Recent activity
Rajasthan Securities Limited has 18 board changes on record since 2011: 4 appointments and 14 cessations. The latest: Jiteshkumar Narsingdas Agrawal was appointed as Additional Director on 07 Oct 2025.
9 earlier events are in the company report.
Frequently asked questions
Rajasthan Securities is an active public limited company based in Nagpur, Maharashtra, India. The company works in oil and gas distribution and transmission, within the energy and power industry. It was incorporated on 27 August 1993 (33+ years old) and is registered under CIN L64990MH1993PLC272204. Listed on BSE: 526873.
Rajasthan Securities reported revenue of ₹61.21 Cr for FY 2025-26 based on standalone financials.
Rajasthan Securities has 4 current directors:
- Nikhilesh Narendra Khandelwal - Managing Director
- Jiteshkumar Narsingdas Agrawal - Additional Director
- Arpit Ashok Khemani - Director
- Dipa Katre - Director
The latest financial statements of Rajasthan Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rajasthan Securities is 27AABCR8664H1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rajasthan Securities is L64990MH1993PLC272204. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rajasthan Securities is a listed company as per MCA records. Its shares are listed on BSE (code: 526873).
Rajasthan Securities has 13 court cases on record: 5 filed by the company and 8 filed against it. Most are in the district courts.
Rajasthan Securities was incorporated on 27 August 1993, making it 33+ years old. It is registered with the Registrar of Companies, Nagpur.
Rajasthan Securities has 12 deals on record (11 market trades, 1 convertible or debt financing), with disclosed funding of ₹23.25 Cr; the latest was in July 2022.