About Rajlaxmi Industries Limited
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Rajlaxmi Industries Limited is a public limited company based in Thane, Maharashtra, India. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 21 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L51900MH1985PLC035703. The company has 1 GST registration on record, which is no longer active. It is recorded as listed by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹31 Cr and a paid-up capital of ₹31 Cr. It is led by directors including Rahul Jagnani (Managing Director) and Sonam Sharma.
Its last annual general meeting (AGM) was held on 25 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Gayatri Complex Flat No. 161 Val Village Tal – Rahnal Bhiwandi Dist – Thane – 421 3, 02, Maharashtra, India – 421302.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.33 Cr, a decline of 78% compared to the previous year. For the same year it recorded a net profit of ₹1,700 (net margin 0%) and EBITDA of ₹56,508 (EBITDA margin 0.4%).
The company is associated with 2 brands: Rajlaxmi Industries and Rajlaxmi Industries. As per MCA filings, the company has open charges of ₹2.54 Cr on record. Court records list 12 cases involving the company, including 1 filed by the company and 11 filed against it; 2 cases are pending. The company has 4 deals on record (3 market trades, 1 acquisition); the latest was in March 2015.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website rajlaxmiindustries.com.
Company details
Contact details
Rajlaxmi Industries Limited's registered office is in Thane, Maharashtra. Its website is rajlaxmiindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGayatri Complex Flat No. 161 Val Village Tal – Rahnal Bhiwandi Dist – Thane – 421 3, 02, Maharashtra, India – 421302
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Rajlaxmi Industries 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
Rajlaxmi Industries operates two associated brands: RAJLAXMI INDUSTRIES and Rajlaxmi Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Industrial operations are overseen from Thane, India. | rajlaxmiindustriesltd.com | |
| Manufacturing and supplying of kitchen, hospital, pharmaceutical, dairy equipment, and furniture in India. | rajlaxmiindustries.com |
Business activity
The main business activity of Rajlaxmi Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rajlaxmi Industries Limited, buy the company report.
Financials of Rajlaxmi Industries Limited
FY 2017 filings availableRajlaxmi Industries Limited reported revenue of ₹1.33 Cr (down 78% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 78% in the latest year. EBITDA fell 89% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.33 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹56,508 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1,700 | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.4% | ||
| Net Profit Margin | 0% | ||
| 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 Rajlaxmi Industries Limited, buy the company report.
Board of directors of Rajlaxmi Industries Limited
Rajlaxmi Industries has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sonam Sharma | Director | 13 Feb 2016 | 10 Years 8 Months | Current |
| Dharamnath Singh | Director | 13 Feb 2016 | 10 Years 8 Months | Current |
| Rahul Jagnani Also directs: Caren Trading Private Limited | Managing Director | 02 Jan 2013 | 13 Years 10 Months | Current |
Auditor
Rajlaxmi Industries Limited is audited by AGARWAL DESAI & SHAH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGARWAL DESAI & SHAH | FY 2017 | 124850W |
Shareholding
The shareholding of Rajlaxmi Industries Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rajlaxmi Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2001 | 90218411 | Union Bank of India | ₹20 Lakh | Open | |
| 04 Feb 1998 | 90218161 | Union Bank of India | ₹49 Lakh | Open | |
| 02 May 1995 | 90217909 | Union Bank of India | ₹35 Lakh | Open | |
| 20 Sep 1994 | 90217835 | Sicom Ltd | ₹1.5 Cr | Open |
To see the full charge records of Rajlaxmi Industries Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Rajlaxmi Industries Limited has 4 deals on record (3 market trades, 1 acquisition); the latest was in March 2015.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2015 | Market trade | ₹1.73 Cr | Seller: an individual |
| Mar 2015 | Market trade | ₹1.38 Cr | Buyer: Kailashnath Sanitary Goods Suppliers Private Limited |
| Mar 2015 | Market trade | ₹3.42 Cr | Buyer: Moonnight Vinimay Private Limited , Kaangdaji Fabrics Traders Private Limited Seller: an individual |
| Aug 2012 | Acquisition | ₹33.1 Lakh | Buyer: Caren Trading Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rajlaxmi Industries Limited has 12 court cases on record: 1 filed by Rajlaxmi Industries, 11 filed against it. 2 cases are pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 5 | 2 |
| High courts | 6 | 6 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by S.F.Chemical Industries P.Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed against the company by S.F. Chemical Industries Pvt Ltd | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Rasendra Chemexport P Ltd | Disposed |
| District court, Indore, Madhya Pradesh | Court case (SC NIA) | Filed by the company against M/S Advance Nath Agre Chemical Pvt.Ltd and 3 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by Registrar of Companies | Pending |
To see the full case history of Rajlaxmi Industries 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 Rajlaxmi Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rajlaxmi Industries has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rajlaxmi Industries Limited, buy the company report.
Recent activity
Rajlaxmi Industries Limited has 27 board changes on record since 1994: 15 appointments and 12 cessations. The latest: Dharamnath Singh was appointed as Director on 13 Feb 2016.
25 earlier events are in the company report.
Frequently asked questions
Rajlaxmi Industries is an active public limited company based in Thane, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 21 March 1985 (41+ years old) and is registered under CIN L51900MH1985PLC035703.
Rajlaxmi Industries has 3 current directors:
- Rahul Jagnani - Managing Director
- Sonam Sharma - Director
- Dharamnath Singh - Director
The latest financial statements of Rajlaxmi Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 25 September 2017. Year-wise statements from 2015 are in the company report.
No. Rajlaxmi Industries has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Rajlaxmi Industries is L51900MH1985PLC035703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rajlaxmi Industries is recorded as a listed company by MCA, but its shares were delisted from BSE on 23 Nov 2023 · compulsory delisting, and no longer trade on a stock exchange.
Rajlaxmi Industries has 12 court cases on record: 1 filed by the company and 11 filed against it. 2 are pending. Most are in the district courts.
Rajlaxmi Industries was incorporated on 21 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Mumbai.
Rajlaxmi Industries has 4 deals on record (3 market trades, 1 acquisition); the latest was in March 2015.
Dharamnath Singh was appointed as Director on 13 Feb 2016. Shri Kant ceased to be Director on 13 Feb 2016. Sonam Sharma was appointed as Director on 13 Feb 2016. Rajlaxmi Industries has 27 board changes on record in total.
Sample company reports
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