About Rajgor Castor Derivatives Limited
Data last updated:
Rajgor Castor Derivatives Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 13 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L74995GJ2018PLC102810. Its GSTIN is 24AAECH5715Q1Z8 (Gujarat). It is a listed company as per MCA records. Its shares are listed on NSE: RCDL.
The company has an authorised share capital of ₹56.5 Cr and a paid-up capital of ₹47.83 Cr. It was formerly known as Ardent Castor Derivatives Private Limited and Rajgor Castor Derivatives Private Limited. It is led by directors including Brijeshkumar Vasantlal Rajgor (Managing Director) and Vasantkumar Shankarlal Rajgor.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹872.2 Cr, a growth of 39.5% compared to the previous year. For the same year it recorded a net profit of ₹12.62 Cr (net margin 1.4%) and EBITDA of ₹23.25 Cr (EBITDA margin 2.7%).
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rajgor Castor. As per MCA filings, the company has open charges of ₹75.1 Cr and satisfied charges of ₹76 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 ipo); the latest was in October 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rajgorcastor.com.
Company details
Name history
Rajgor Castor Derivatives has undergone 3 name changes throughout its history. The company was previously known as Ardent Castor Derivatives Private Limited, Rajgor Castor Derivatives Private Limited, and Hindprakash Castor Derivatives Private Limited. The current legal name is Rajgor Castor Derivatives Limited.
| Company Name | Status |
|---|---|
| Rajgor Castor Derivatives Limited | Current |
| Ardent Castor Derivatives Private Limited | Previous |
| Rajgor Castor Derivatives Private Limited | Previous |
| Hindprakash Castor Derivatives Private Limited | Previous |
CIN history
Rajgor Castor Derivatives has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74995GJ2018PLC102810, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74995GJ2018PLC102810 | Current |
| U74995GJ2018PLC102810 | Previous |
| U74995GJ2018PTC102810 | Previous |
Contact details
Rajgor Castor Derivatives Limited's registered office is in Daskroi, Gujarat. Its website is rajgorcastor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFirst Floor House – 4 Arista @ Eight Corporate House, B/H Satyam House Rajpath Club Road Bodakdev, Ahmedabad, Gujarat, India – 380059
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Rajgor Castor Derivatives Limited, buy the company report.
- 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
Rajgor Castor Derivatives operates one associated brand: Rajgor Castor. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer and supplier of Castor oil and derivatives | rajgorcastor.com |
Business activity
The main business activities of Rajgor Castor Derivatives are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rajgor Castor Derivatives Limited, buy the company report.
Financials of Rajgor Castor Derivatives Limited
FY 2025-26 filings availableRajgor Castor Derivatives Limited reported revenue of ₹872.2 Cr (up 39.5% YoY) 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 | 872 | 625 | 565 | 429 | 39.67 | 9.75 | 13.86 |
| Revenue growth | +39.5% | +10.7% | +31.7% | +980.9% | +306.9% | -29.7% | - |
| EBITDA | 23.25 | 21.05 | 20.21 | 11.50 | 2.69 | (0.12) | 1.23 |
| EBITDA margin | +2.7% | +3.4% | +3.6% | +2.7% | +6.8% | -1.2% | +8.9% |
| Profit before tax | 16.98 | 13.91 | 13.67 | 8.64 | 0.32 | (2.52) | (1.44) |
| Net profit | 12.62 | 9.00 | 9.82 | 5.52 | 0.52 | (1.76) | (1.07) |
| Net profit margin | +1.5% | +1.4% | +1.7% | +1.3% | +1.3% | -18.1% | -7.7% |
| EPS (₹) | 5.28 | 3.77 | 4.09 | 25.84 | 44.30 | (152.95) | (91.92) |
| Balance sheet | |||||||
| Total assets | - | 127 | 122 | 68.18 | 20.11 | 24.55 | 22.36 |
| Net worth | - | 83.01 | 74.22 | 23.66 | 2.02 | 1.50 | 3.28 |
| Total debt | - | 43.68 | 47.45 | 44.51 | 18.10 | 22.87 | 18.89 |
| Cash & bank | - | 1.25 | 0.83 | 0.36 | 0.69 | 0.45 | 0.13 |
| Net working capital | - | 106 | 100 | 49.00 | (1.60) | 1.81 | (0.79) |
| Cash flow | |||||||
| Cash from operations | - | 11.04 | (34.45) | (40.19) | 7.34 | 0.00 | 2.80 |
| Cash from investing | - | 0.99 | (3.66) | (1.09) | (0.10) | 0.00 | (1.09) |
| Cash from financing | - | (11.61) | 38.45 | 40.96 | (7.00) | 0.00 | (1.61) |
| Particulars | Sep 2023 | Jun 2023 |
|---|---|---|
| Revenue | 77.93 | 113 |
| Other income | 0.01 | 0.06 |
| Total expenses | 73.99 | 108 |
| EBITDA | 3.94 | 4.29 |
| EBITDA margin | +5.1% | +3.8% |
| Depreciation | 0.36 | 0.36 |
| Interest | 1.41 | 1.30 |
| Profit before tax | 2.18 | 2.69 |
| Tax | 0.75 | 0.77 |
Financial Statements
| Particulars | Sep 2023 | Jun 2023 |
|---|---|---|
| Revenue | 77.93 | 113 |
| Other income | 0.01 | 0.06 |
| Total expenses | 73.99 | 108 |
| EBITDA | 3.94 | 4.29 |
| EBITDA margin | +5.1% | +3.8% |
| Depreciation | 0.36 | 0.36 |
| Interest | 1.41 | 1.30 |
| Profit before tax | 2.18 | 2.69 |
| Tax | 0.75 | 0.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 872 | 625 | 565 | 429 | 39.67 | 9.75 | 13.86 |
| Revenue growth | +39.5% | +10.7% | +31.7% | +980.9% | +306.9% | -29.7% | - |
| Other income | 2.95 | 1.97 | 0.15 | 0.09 | 1.24 | 1.26 | 0.98 |
| Total expenses | 849 | 604 | 545 | 417 | 36.98 | 9.87 | 12.63 |
| Employee cost | 0.00 | 1.78 | 1.78 | 1.36 | 0.08 | 0.11 | 0.00 |
| EBITDA | 23.25 | 21.05 | 20.21 | 11.50 | 2.69 | (0.12) | 1.23 |
| EBITDA margin | +2.7% | +3.4% | +3.6% | +2.7% | +6.8% | -1.2% | +8.9% |
| Depreciation | 1.53 | 1.49 | 1.43 | 1.40 | 1.37 | 1.35 | 1.33 |
| Interest | 7.69 | 7.62 | 5.26 | 1.55 | 2.24 | 2.31 | 2.32 |
| Profit before tax | 16.98 | 13.91 | 13.67 | 8.64 | 0.32 | (2.52) | (1.44) |
| Tax | 4.36 | 4.91 | 3.85 | 3.11 | (0.20) | (0.72) | (0.36) |
| Net profit | 12.62 | 9.00 | 9.82 | 5.52 | 0.52 | (1.76) | (1.07) |
| Net profit margin | +1.5% | +1.4% | +1.7% | +1.3% | +1.3% | -18.1% | -7.7% |
| EPS (₹) | 5.28 | 3.77 | 4.09 | 25.84 | 44.30 | (152.95) | (91.92) |
| 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 | - | 23.92 | 23.92 | 2.15 | 0.12 | 0.12 | 0.12 |
| Reserves & surplus | - | 59.09 | 50.30 | 21.51 | 1.90 | 1.38 | 3.16 |
| Shareholders' funds (net worth) | - | 83.01 | 74.22 | 23.66 | 2.02 | 1.50 | 3.28 |
| Secured loans | - | 39.45 | 44.34 | 41.15 | 13.77 | 11.13 | 9.43 |
| Unsecured loans | - | 4.23 | 3.11 | 3.36 | 4.33 | 11.74 | 9.46 |
| Total debt | - | 43.68 | 47.45 | 44.51 | 18.10 | 22.87 | 18.89 |
| Total liabilities | - | 127 | 122 | 68.18 | 20.11 | 24.55 | 22.36 |
| Assets | |||||||
| Gross block | - | 29.46 | 28.84 | 25.95 | 24.92 | 24.77 | 24.35 |
| Net block | - | 20.42 | 21.29 | 19.83 | 20.20 | 21.42 | 22.36 |
| Capital work in progress | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | - | 1.18 | 1.18 | 0.43 | 0.30 | 0.30 | 0.30 |
| Inventories | - | 29.43 | 24.39 | 19.29 | 12.99 | 0.20 | 0.10 |
| Sundry debtors | - | 80.82 | 99.17 | 14.32 | 0.18 | 0.04 | 0.66 |
| Cash & bank balances | - | 1.25 | 0.83 | 0.36 | 0.69 | 0.45 | 0.13 |
| Loans & advances | - | 21.16 | 40.08 | 23.05 | 1.96 | 2.35 | 2.52 |
| Total current assets | - | 133 | 164 | 57.02 | 15.82 | 3.04 | 3.41 |
| Total current liabilities | - | 26.89 | 64.42 | 8.02 | 17.42 | 1.23 | 4.20 |
| Net working capital | - | 106 | 100 | 49.00 | (1.60) | 1.81 | (0.79) |
| Total assets | - | 127 | 122 | 68.18 | 20.11 | 24.55 | 22.36 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | - | 0.71 | 0.36 | 0.69 | 0.45 | 0.00 | 0.04 |
| Net cash from operating activities | - | 11.04 | (34.45) | (40.19) | 7.34 | 0.00 | 2.80 |
| Net cash from investing activities | - | 0.99 | (3.66) | (1.09) | (0.10) | 0.00 | (1.09) |
| Net cash from financing activities | - | (11.61) | 38.45 | 40.96 | (7.00) | 0.00 | (1.61) |
| Net change in cash | - | 0.41 | 0.35 | (0.32) | 0.24 | 0.00 | 0.10 |
| Closing cash | - | 1.25 | 0.83 | 0.36 | 0.69 | 0.45 | 0.13 |
| 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 | +39.5% | +10.7% | +31.7% | +980.9% | +306.9% | -29.7% | - |
| EBITDA growth | +10.5% | +4.2% | +75.7% | +327.5% | +2341.7% | -109.8% | - |
| PBT growth | +22.1% | +1.8% | +58.2% | +2600.0% | +9998.0% | -75.0% | - |
| Net income growth | +40.2% | -8.4% | +77.9% | +961.5% | +129.6% | -64.5% | - |
| Revenue CAGR (3Y) | +26.7% | +150.7% | +286.9% | +213.9% | -29.4% | - | - |
| EBITDA CAGR (3Y) | +26.5% | +98.5% | - | +110.7% | +5.4% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +1.5% | +1.4% | +1.7% | +1.3% | +1.3% | -18.5% | -7.8% |
| Return on capital employed | - | +17.3% | +19.9% | +22.6% | +11.0% | 0.0% | 0.0% |
| Return on net worth | - | +11.5% | +20.0% | +40.1% | +18.9% | 0.0% | 0.0% |
| Debt / equity | - | 0.58 | 0.94 | 2.44 | 11.69 | 8.81 | 4.85 |
| Long-term debt / equity | - | 0.02 | 0.07 | 0.41 | 8.31 | 8.17 | 4.23 |
| Interest cover | 35.41 | 38.96 | 28.01 | 15.35 | 169.70 | -157.14 | -2,320.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 21.45 | 20.62 | 16.86 | 1.60 | 0.40 | 0.64 |
| Inventory turnover | - | 23.24 | 25.86 | 26.57 | 6.02 | 65.00 | 277.20 |
| Debtors turnover | - | 6.95 | 9.95 | 59.14 | 360.64 | 27.86 | 40.76 |
| EPS (₹) | 5.28 | 3.77 | 4.09 | 25.84 | 44.30 | (152.95) | (91.92) |
| Dividend per share (₹) | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 34.71 | 31.03 | 110.24 | 171.39 | 127.09 | 278.07 |
To see the full year-wise statements and ratios of Rajgor Castor Derivatives Limited, buy the company report.
Board of directors of Rajgor Castor Derivatives Limited
Rajgor Castor Derivatives has 5 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantkumar Shankarlal Rajgor Also directs: Rajgor Industries Private Limited | Director | 31 Dec 2021 | 4 Years 9 Months | Current |
| Brijeshkumar Vasantlal Rajgor | Managing Director | 13 Jun 2018 | 8 Years 4 Months | Current |
| Maheshkumar Shankarlal Rajgor Also directs: Rajgor Industries Private Limited | Director | 20 Jun 2022 | 4 Years 4 Months | Current |
| Dipika Pradeep Soni Also directs: Jupiter Infomedia Limited, Frontline Corporation Limited | Director | 28 Aug 2024 | 2 Years 2 Months | Current |
| Himali Maheshbhai Thakkar | Director | 28 Aug 2024 | 2 Years 2 Months | Current |
Auditor
Rajgor Castor Derivatives Limited is audited by V S S B & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V S S B & Associates | FY 2023 | 121356W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 60.00%, foreign institutional investors hold 4.10%, domestic institutional investors hold 5.80% and retail and other public shareholders hold 30.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 60.00% | 60.00% | 60.00% | 60.00% |
| Public | 40.00% | 40.00% | 40.00% | 40.00% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2026 | 101271781 | Others | ₹25 Cr | Open | |
| 14 Aug 2025 | 101150469 | Others | ₹50 Cr | Open | |
| 22 Mar 2024 | 100901710 | Axis Bank Limited | ₹10.35 Lakh | Open | |
| 31 Jul 2024 | 100956691 | Axis Bank Limited | ₹15.5 Cr | Satisfied | |
| 24 Apr 2023 | 100707650 | Axis Bank Limited | ₹10 Cr | Satisfied |
To see the full charge records of Rajgor Castor Derivatives Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Rajgor Castor Derivatives Limited has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 ipo); the latest was in October 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | IPO | ₹47.14 Cr | Investors: Ipo Shareholder - Rajgor Castor Derivatives Limited, NAV Capital VCC- NAV Capital Emerging Star Fund, NeoMile Capital Seller: 4 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Mangalam Global Enterprise Limited , Shirshak Exim LLP , an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2019 | Rights issue | ₹3.99 Cr | Investors: Mangalam Global Enterprise Limited , Shirshak Exim LLP , 2 individuals |
To see the full deal history of Rajgor Castor Derivatives 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
Rajgor Castor Derivatives Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patan, Gujarat | Criminal complaint | Filed against the company | Disposed |
To see the full case history of Rajgor Castor Derivatives 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 Rajgor Castor Derivatives Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rajgor Castor Derivatives has 4 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Rajgor Castor Derivatives Limited has a workforce of 50 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Rajgor Castor Derivatives has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH5715Q1Z8 | Gujarat | Active | 22 Jun 2018 |
To see the full GST registrations and return filing status of Rajgor Castor Derivatives Limited, buy the company report.
Recent activity
Rajgor Castor Derivatives Limited has 16 board changes on record since 2018: 11 appointments and 5 cessations. The latest: Shivangi Gajjar ceased to be Director on 02 Oct 2024.
23 earlier events are in the company report.
News
Frequently asked questions
Rajgor Castor Derivatives is an active public limited company based in Ahmedabad, Gujarat, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 13 June 2018 (8+ years old) and is registered under CIN L74995GJ2018PLC102810. Listed on NSE: RCDL.
Rajgor Castor Derivatives reported revenue of ₹872.2 Cr for FY 2025-26 (up 39.5% YoY) based on standalone financials.
Rajgor Castor Derivatives has 5 current directors:
- Brijeshkumar Vasantlal Rajgor - Managing Director
- Vasantkumar Shankarlal Rajgor - Director
- Maheshkumar Shankarlal Rajgor - Director
- Dipika Pradeep Soni - Director
- Himali Maheshbhai Thakkar - Director
The latest financial statements of Rajgor Castor Derivatives on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Rajgor Castor Derivatives is 24AAECH5715Q1Z8, registered in Gujarat.
The CIN (Corporate Identification Number) of Rajgor Castor Derivatives is L74995GJ2018PLC102810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Rajgor Castor Derivatives is a listed company as per MCA records. Its shares are listed on NSE (symbol: RCDL).
Rajgor Castor Derivatives has 1 court case on record: 1 filed against it.
Rajgor Castor Derivatives was incorporated on 13 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Rajgor Castor Derivatives has 6 deals on record (3 secondary share transfers, 2 rights issues, 1 ipo); the latest was in October 2023.
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