About Ralson Tyres Limited
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Ralson Tyres Limited is a public limited company based in Ludhiana, Punjab, India, a subsidiary of Ralson (India) Limited. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 23 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U25209PB2019PLC058660. Its GSTIN is 23AAJCR8734N1ZS (Madhya Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹652.12 Cr and a paid-up capital of ₹569.66 Cr. It is led by directors including Manjul Pahwa (Managing Director) and Sanjeev Pahwa.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2025, the company reported a revenue of ₹554.39 Cr, a growth of 134% compared to the previous year. For the same year it recorded a net loss of ₹27.3 Cr (net margin -4.9%) and EBITDA of ₹66.93 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 943% over three years.
The company has about 469 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,402.39 Cr and satisfied charges of ₹612.26 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ralsontires.com.
Company details
CIN history
Ralson Tyres has one previous CIN (Corporate Identification Number): U25209DL2019PLC356559. The current CIN is U25209PB2019PLC058660, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25209PB2019PLC058660 | Current |
| U25209DL2019PLC356559 | Previous |
Contact details
Ralson Tyres Limited's registered office is in Ludhiana, Punjab. Its website is ralsontires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressRalson Nagar Dhandari Kalan, G. T. Road, Ludhiana, Punjab, India – 141014
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Ralson Tyres 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
Business activity
The main business activity of Ralson Tyres is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ralson Tyres Limited, buy the company report.
Financials of Ralson Tyres Limited
FY 2024 filings availableRalson Tyres Limited reported revenue of ₹554.39 Cr (up 134% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 943% over three years, including 134% growth in the latest year. EBITDA rose 844% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹66.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹27.3 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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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 | 12.1% | ||||
| Net Profit Margin | -4.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Ralson Tyres Limited, buy the company report.
Board of directors of Ralson Tyres Limited
Ralson Tyres has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manjul Pahwa Also directs: Anandvan Enterprises LLP, Ralson (India) Limited, Ralson Enterprises Limited and 1 more | Managing Director | 23 Oct 2019 | 7 Years 0 Months | Current |
| Sanjeev Pahwa Also directs: Ludhiana Angels Network LLP, Anandvan Enterprises LLP, Ralson (India) Limited and 4 more | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
| Amandeep Also directs: Zuari Agro Chemicals Limited, Captain Steel India Limited, Naturewatt Renewables Private Limited and 5 more | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
| Naushad Darius Forbes Also directs: Zodiac Clothing Company Limited, Pidilite Industries Limited, Bajaj Holdings & Investment Limited. and 5 more | Director | 28 Mar 2022 | 4 Years 7 Months | Current |
| Rachna Pahwa Also directs: Ralson (India) Limited, Ralson Enterprises Limited | Director | 23 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Ralson Tyres Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Tyres), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MRL Tyres Limited | ₹560.01 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Ralson Tyres Limitedthis company | ₹554.39 Cr (FY 2025) | -₹27.3 Cr | -4.9% | 134.0% | 469 | Ludhiana, Punjab, India |
| Spack Automotives Private Limited | ₹551.3 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Maxxis Rubber India Private Limited | ₹550.96 Cr (FY 2025) | 26.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ralson Tyres Limited, buy the company report.
Auditor
Ralson Tyres Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2024 | 117366W/W-100018 |
Shareholding
The shareholding of Ralson Tyres Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ralson Tyres Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101183153 | Axis Bank Limited | ₹28 Cr | Open | |
| 22 Sep 2025 | 101158511 | Others | ₹50 Cr | Open | |
| 05 May 2025 | 101098565 | Sbicap Trustee Company Limited | ₹203.09 Cr | Open | |
| 05 May 2025 | 101098999 | Sbicap Trustee Company Limited | ₹22.7 Cr | Open | |
| 23 Dec 2024 | 101030643 | Axis Bank Limited | ₹15 Cr | Open |
To see the full charge records of Ralson Tyres Limited, buy the company report.
Total charge records: 21 View all charges
Legal cases
Ralson Tyres Limited has 2 court cases on record: 2 filed by Ralson Tyres. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, Raisen, Madhya Pradesh | Court case (RCS B) | Filed by the company against M/S Sehgal Enterprises | Disposed |
To see the full case history of Ralson Tyres 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.
Credit ratings & regulatory alerts
Ralson Tyres Limited was last rated by Care on 09 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Jun 2021 |
To see the full credit ratings and regulatory alerts of Ralson Tyres Limited, buy the company report.
MSME payment delays
Ralson Tyres Limited has 18 MSME Form 1 returns on record between 2022 and 2024, listing 950 overdue payments to 154 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 154)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Easy Flux Elostomers Private Limited | |||
| an individual supplier | |||
| Singh Plasticisers and Resins (India) Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ralson Tyres Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ralson Tyres Limited has a workforce of 469 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 469 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 |
To see the full employee and EPFO history of Ralson Tyres Limited, buy the company report.
GST
Ralson Tyres has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCR8734N1ZS | Madhya Pradesh | Active | 26 Dec 2019 |
| 07AAJCR8734N1ZM | Delhi | Active | 14 Nov 2020 |
| 07AAJCR8734N2ZL | Delhi | Active | 04 Mar 2025 |
To see the full GST registrations and return filing status of Ralson Tyres Limited, buy the company report.
Recent activity
Ralson Tyres Limited has 9 board changes on record since 2019: 5 appointments and 4 cessations. The latest: Amandeep ceased to be Additional Director on 30 Sep 2022.
33 earlier events are in the company report.
Frequently asked questions
Ralson Tyres is an active public limited company based in Ludhiana, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 23 October 2019 (7+ years old) and is registered under CIN U25209PB2019PLC058660.
Ralson Tyres has 5 current directors:
- Manjul Pahwa - Managing Director
- Sanjeev Pahwa - Director
- Amandeep - Director
- Naushad Darius Forbes - Director
- Rachna Pahwa - Director
The latest financial statements of Ralson Tyres on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ralson Tyres is 23AAJCR8734N1ZS, registered in Madhya Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAJCR8734N1ZM (Delhi), 07AAJCR8734N2ZL (Delhi).
The CIN (Corporate Identification Number) of Ralson Tyres is U25209PB2019PLC058660. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ralson Tyres has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Ralson Tyres was incorporated on 23 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Ralson Tyres by revenue are MRL Tyres Limited, Spack Automotives Private Limited, Maxxis Rubber India Private Limited, all in the Automobiles industry (Auto Ancillary, Tyres), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Amandeep ceased to be Additional Director on 30 Sep 2022. Naushad Darius Forbes ceased to be Additional Director on 30 Sep 2022. Amandeep was appointed as Director on 28 Mar 2022. Ralson Tyres has 9 board changes on record in total.
Ralson Tyres has 18 MSME Form 1 returns on record between 2022 and 2024, listing 950 overdue payments to 154 micro and small suppliers. The latest return was filed on 01 May 2024.
Ralson Tyres can be reached through the website ralsontires.com. Its registered office is in Ludhiana, Punjab, India.
The registered office of Ralson Tyres is at Ralson Nagar Dhandari Kalan, G. T. Road, Ludhiana, Punjab, India – 141014.
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