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About Ralson (India) Limited
Data last updated:
Ralson (India) Limited was a public limited company based in Ludhiana, Punjab, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the auto parts and components segment of the automotive sector. It was incorporated on 30 March 1974.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB1974PLC058656. Its GSTIN is 03AAACR0281P1ZD (Punjab). The company held 31 GST registrations, of which 29 are active.
The company had an authorised share capital of ₹29.2 Cr and a paid-up capital of ₹4.73 Cr. It was formerly known as Ralson Cycles Limited. It was led by directors including Sanjeev Pahwa (Managing Director) and Krishna Rani (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 was at Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,090.84 Cr, a growth of 19% compared to the previous year. For the same year it recorded a net loss of ₹19.71 Cr (net margin -1.8%) and EBITDA of ₹147.35 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years.
The company had about 5,310 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 2 brands: Ralco Tyres and Ralson Tires. As per MCA filings, the company had open charges of ₹475.28 Cr and satisfied charges of ₹1,140.2 Cr on record. Court records list 10 cases involving the company, including 3 filed by the company and 7 filed against it.
The last known website on record is ralson.com.
CIN History of Ralson (India) Limited
Ralson (India) has one previous CIN (Corporate Identification Number): U51909DL1974PLC042836. The current CIN is U51909PB1974PLC058656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909PB1974PLC058656 | Current |
| U51909DL1974PLC042836 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressRalson Nagar Dhandari Kalan, G. T. Road, Ludhiana, Punjab, India – 141014
- IndustryAutomotive, Auto Parts & Components
- 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
Associated Brands with Ralson (India) Limited
Ralson (India) operates two associated brands: Ralco Tyres and Ralson Tires. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ralco Tyres is engaged in manufacturing tyres for two-wheelers and e-bikes. | ralcotyres.com | |
| Tire manufacturing and customer support services are provided by Ralson Tires. | ralson.com |
Business Activity of Ralson (India) Limited
The main business activity of Ralson (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Ralson (India) Limited FY 2024 filings available
Ralson (India) Limited reported revenue of ₹1,090.84 Cr (up 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ralson (India) Limited
Revenue has grown at a compounded annual rate (CAGR) of 10% over three years, including 19% growth 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 Ralson (India) Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1,090.84 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹147.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹19.71 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 Ralson (India) Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.8% | •••• | •••• | •••• | •••• |
| 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 Ralson (India) 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 of Ralson (India) Limited
Ralson (India) has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Rani Also directs: Ralson (India) Limited, Ralson Enterprises Limited, Ralco Tyres Private Limited and 2 more | Whole-Time Director | 15 Jun 1974 | 52 Years 4 Months | As last reported |
| Manjul Pahwa Also directs: Ralson (India) Limited, Anandvan Enterprises LLP, Ralson Enterprises Limited and 2 more | Whole-Time Director | 17 Oct 2018 | 8 Years 0 Months | As last reported |
| Shivanshi Pahwa Also directs: Ralson (India) Limited | Whole-Time Director | 07 Mar 2024 | 2 Years 7 Months | As last reported |
| Sandeep Kapur | Director | 07 Feb 2019 | 7 Years 8 Months | As last reported |
| Sanjeev Pahwa Also directs: Ralson (India) Limited, Ludhiana Angels Network LLP, Anandvan Enterprises LLP and 5 more | Managing Director | 02 Mar 1991 | 35 Years 7 Months | As last reported |
| Priyanka Arora Also directs: Ralson (India) Limited, Ralson Remedies Pvt Ltd, JPH Agro Developers Private Limited and 1 more | Director | 30 Sep 1994 | 32 Years 0 Months | As last reported |
Peer Comparison of Ralson (India) Limited
Ralson (India) Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ralson (India) Limited this company | ₹1,090.84 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Ludhiana, Punjab, India |
| The Hi-Tech Gears Limited Listed | ₹938.68 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Manesar, Haryana, India |
| Allison Transmission India Private Limited | ₹933.83 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Mahabal Metals Private Limited | ₹932.55 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Miraj, Maharashtra, India |
| Greentech Industries (India) Private Limited | ₹931.93 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Naidupet, Andhra Pradesh, India |
| Atc Tires Ap Private Limited | ₹929.62 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Anakapalle, Andhra Pradesh, India |
| Machino Polymers Limited | ₹909.12 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Track Components Limited | ₹906.62 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | New Delhi, Delhi, India |
| Surin Automotive Private Limited | ₹899.44 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Daechang India Seat Company Private Limited | ₹896.06 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Precision Camshafts Limited Listed | ₹894.94 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | North Solapur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ralson (India) by revenue in the Automobiles industry (Auto Ancillary), 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 Ralson (India) Limited
Ralson (India) Limited is audited by Dass Khanna & Co. for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dass Khanna & Co. | 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 Ralson (India) 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 Ralson (India) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jun 2023 | Others | ₹50 Cr | Satisfied |
| 31 Mar 2023 | Others | ₹14 Cr | Satisfied |
| 27 Mar 2023 | Axis Bank Limited | ₹66 Cr | Satisfied |
| 10 Feb 2023 | Axis Bank Limited | ₹48.5 Cr | Satisfied |
| 08 Sep 2022 | State Bank of India | ₹138 Cr | Satisfied |
Total charge records: 29 View all charges
Legal Cases of Ralson (India) Limited
Ralson (India) Limited has 10 court cases on record: 3 filed by Ralson (India), 7 filed against it. All cases are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
| District courts | 4 | 3 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Company appeal | Filed against the company by Atlas Cycles (Haryana) Limited | Disposed |
| High Court of Gujarat | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court of Kerala | Writ petition | Filed by the company against an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (EXE SM) | Filed against the company by an individual | Disposed |
| District court, RAJKOT, Gujarat | Court case (EXE SM) | Filed against the company by an individual | Disposed |
Full case history
All 10 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 Ralson (India) Limited
Ralson (India) Limited has 17 MSME Form 1 returns on record between 2021 and 2024, listing 1,017 overdue payments to 60 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 60)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Balluff Automation India Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Central Agencies | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 17 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 Ralson (India) Limited
Ralson (India) Limited has a workforce of 5,310 employees as of Apr 06, 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.
Group Structure of Ralson (India) Limited
Ralson (India) has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ralson Tyres Limited | U25209PB2019PLC058660 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Ralson (India) Limited
Ralson (India) Limited has 14 board changes on record since 1974: 8 appointments and 6 cessations. The latest: Shivanshi Pahwa was appointed as Whole-Time Director on 07 Mar 2024.
76 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ralson (India) 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 Ralson (India) 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 Ralson (India) Limited
Ralson (India) has 31 GST registrations: 29 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACR0281P1ZD | Punjab | Active | 01 Jul 2017 |
| 03AAACR0281P2ZC | Punjab | Active | 31 Mar 2025 |
| 04AAACR0281P1ZB | Chandigarh | Active | 01 Jul 2017 |
| 05AAACR0281P1Z9 | Uttarakhand | 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 Ralson (India) 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 Ralson (India) Limited
Ralson (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Ralson (India) was a public limited company based in Ludhiana, Punjab, India. The company worked in auto parts and components, within the automotive industry. It was incorporated on 30 March 1974 and is registered under CIN U51909PB1974PLC058656. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ralson (India) was incorporated on 30 March 1974. It is registered with the Registrar of Companies, Chandigarh.
Ralson (India) had 8 directors:
- Sanjeev Pahwa - Managing Director
- Krishna Rani - Whole-Time Director
- Manjul Pahwa - Whole-Time Director
- Shivanshi Pahwa - Whole-Time Director
- Rachna Pahwa - Whole-Time Director
- Sandeep Kapur - Director
- Priyanka Arora - Director
- Arun Goyal - Director
The CIN (Corporate Identification Number) of Ralson (India) is U51909PB1974PLC058656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Ralson (India) is at Ralson Nagar Dhandari Kalan, G. T. Road, Ludhiana, Punjab, India – 141014.
Ralson (India) can be reached through the website ralson.com. Its registered office is in Ludhiana, Punjab, India.
Ralson (India) reported revenue of ₹1,090.84 Cr for FY 2024 (up 19% YoY).
Ralson (India) has an authorised share capital of ₹29.2 Cr and a paid-up capital of ₹4.73 Cr.
Ralson (India) reported a net loss of ₹19.71 Cr (net margin -1.8%) and EBITDA of ₹147.35 Cr (EBITDA margin 13.5%) for FY 2024, as per its filed financial statements.
The GSTIN of Ralson (India) is 03AAACR0281P1ZD, registered in Punjab. The company has 31 GST registrations in all, of which 29 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAACR0281P2ZC (Punjab), 04AAACR0281P1ZB (Chandigarh), 05AAACR0281P1Z9 (Uttarakhand).
Ralson (India) operated in the automotive industry, in the auto parts and components segment.