MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-20-0000015
Rama Industries Limited - chemicals and materials in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹150.19 Cr
▼ 6% YoY
Net profit · FY 2025
₹26.97 Cr
Net margin 18%
EBITDA · FY 2025
₹39.89 Cr
EBITDA margin 26.6%
Authorised capital
₹44 Cr
Registered with MCA
Paid-up capital
₹35.95 Cr
Issued & subscribed
Open charges
₹26 Cr
Satisfied ₹87.23 Cr
Company age
39 yrs
Est. 1987
Employees · EPFO
239
Provident fund records
About Rama Industries Limited
Data last updated:
Rama Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 09 April 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24110MH1987PLC043127. Its GSTIN is 27AAACR5096C1ZF (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹44 Cr and a paid-up capital of ₹35.95 Cr. It is led by directors including Daulat Jaisingh Ramsinghani (Whole-Time Director) and Shefali Bhavesh Karani.
Its last annual general meeting (AGM) was held on 16 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 51 – 52 Free Press House Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹150.19 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹26.97 Cr (net margin 18%) and EBITDA of ₹39.89 Cr (EBITDA margin 26.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 15% over five years.
The company has about 239 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rama Industries Ltd. As per MCA filings, the company has open charges of ₹26 Cr and satisfied charges of ₹87.23 Cr on record. Court records list 63 cases involving the company, including 35 filed by the company and 28 filed against it; 9 cases are pending. The company has 28 deals on record (26 secondary share transfers, 2 funding rounds), with disclosed funding of ₹41.96 Cr; the latest was in May 2022. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 3 smaller; the largest is G T Z (India) Pvt Ltd with revenue of ₹158.71 Cr.
Rama Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0000015). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ramaindustriesltd.com.
Company details
CIN U24110MH1987PLC043127
Registration Number 043127
Incorporation Date 09 April 1987
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-20-0000015
Key People
Daulat Jaisingh Ramsinghani Whole-Time Director Shefali Bhavesh Karani Director Brij Lal Khanna Director Recognitions & Rankings of Rama Industries
Contact details
Rama Industries Limited's registered office is in Mumbai, Maharashtra. Its website is ramaindustriesltd.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address51 – 52 Free Press House Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Rama Industries Limited, buy the company report.
Comprehensive company report
Rama Industries Limited - one report that includes everything
- 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
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Brands
Rama Industries operates one associated brand: Rama Industries Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of gelatin, ossein, and di-calcium phosphate for pharmaceuticals, food, and cosmetics industries. | ramaindustriesltd.com |
Business activity
The main business activity of Rama Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Rama Industries Limited, buy the company report.
Financials of Rama Industries Limited
FY 2025 filings availableRama Industries Limited reported revenue of ₹150.19 Cr (down 6% YoY) for FY 2025.
Revenue · FY 2025
₹150.19 Cr ▼ 6%
Net profit · FY 2025
₹26.97 Cr margin 18%
EBITDA · FY 2025
₹39.89 Cr margin 26.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 12%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 32%
5 years · compounded
▲ 31%
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA fell 2% 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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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹39.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹26.97 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| 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 | 26.6% | ||||
| Net Profit Margin | 18% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of Rama Industries Limited, buy the company report.
Board of directors of Rama Industries Limited
Rama Industries has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shefali Bhavesh Karani Also directs: Rainbow Agri Industries Limited | Director | 22 May 2017 | 9 Years 5 Months | Current |
| Brij Lal Khanna | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Daulat Jaisingh Ramsinghani | Whole-Time Director | 01 Jun 1999 | 27 Years 4 Months | Current |
| Ramrao Gunderao Kulkarni Also directs: Rama Capital and Fiscal Services Private Limited | Director | 05 Sep 2018 | 8 Years 1 Months | Current |
| Haresh Ramsinghani Also directs: Rainbow Agri Industries Limited, Blue Lagoon Investments Private Limited, Rama Petrochemicals Ltd and 3 more | Director | 04 Sep 2008 | 18 Years 1 Months | Current |
Peer comparison
Rama Industries Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| G T Z (India) Pvt Ltd | ₹158.71 Cr (FY 2025) | 3.0% | Bishnupur, West Bengal, India | |||
| D K Pharma Chem Private Limited | ₹153.13 Cr (FY 2024) | -33.0% | Badlapur, Maharashtra, India | |||
| Subhash Chemical Industries Private Limited | ₹151.65 Cr (FY 2025) | 25.0% | Pune, Maharashtra, India | |||
| Stanvac Chemicals (India) Limited | ₹150.29 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Rama Industries Limitedthis company | ₹150.19 Cr (FY 2025) | ₹26.97 Cr | 18% | -6.0% | 239 | Mumbai, Maharashtra, India |
| Canton Laboratories Private Limited | ₹147.08 Cr (FY 2025) | 26.0% | Vadodara, Gujarat, India | |||
| Valtris Specialty Chemicals India Private Limited | ₹146.28 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Prolife Bio-Chemical Industries Private Limited | ₹141.84 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Rama Industries Limited, buy the company report.
Auditor
Rama Industries Limited is audited by P Y S & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Y S & CO LLP | FY 2023 | 012388S/S200048 |
Shareholding
The shareholding of Rama Industries Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rama Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹26 Cr
Satisfied charges
₹87.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Feb 2025 | 101052558 | Others | ₹1 Cr | Open | |
| 21 Mar 2024 | 100890819 | Others | ₹25 Cr | Open | |
| 13 Nov 2009 | 10185418 | Idbi Trusteeship Services Limited | ₹9.2 Cr | Satisfied | |
| 21 Sep 2001 | 90225154 | Ifci Ltd | ₹2.9 Cr | Satisfied | |
| 17 Apr 2001 | 90225139 | Asset Reconstruction Company (India) Limited | ₹8.58 Cr | Satisfied |
To see the full charge records of Rama Industries Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Rama Industries Limited has 28 deals on record (26 secondary share transfers, 2 funding rounds), with disclosed funding of ₹41.96 Cr; the latest was in May 2022.
Total deals
28
Secondary share transfers
26
Funding rounds
2
Disclosed funding
₹41.96 Cr
Deals on record (5 of 28)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2022 | Secondary share transfer | Undisclosed | Buyer: Rainbow Agri Industries Limited Seller: an individual |
| Apr 2021 | Secondary share transfer | Undisclosed | Buyer: Rainbow Agri Industries Limited Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Jupiter Corporate Services Private Limited Seller: Blue Lagoon Investments Private Limited |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Rainbow Agri Industries Limited Seller: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Rainbow Agri Industries Limited Seller: Precision Trading Limited |
To see the full deal history of Rama Industries 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
Rama Industries Limited has 63 court cases on record: 35 filed by Rama Industries, 28 filed against it. 9 cases are pending and 54 are disposed.
Total cases
63
Filed by the company
35
Filed against the company
28
Pending
9
Disposed
54
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 8 | 3 |
| District courts | 28 | 19 | 5 |
| Supreme Court | 4 | 1 | 1 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mohali, Punjab | Commercial suit | Filed by the company against Natural Capsules Limited | Pending |
| District court, SAS Nagar, Punjab | Execution petition | Filed against the company by Ms Lloyd Insulations India | Pending |
| High Court, PUNJAB | Appeal | Filed by the company against Lloyd Insulations India Ltd | Pending |
| District court, SAS Nagar, Punjab | Civil suit | Filed by the company against Rainbow Denim Ltd | Disposed |
| Bombay High Court | Company petition | Filed by the company against M/S. Uttara Foods and Feeds Pvt. Ltd. Cin Nou15332mh1996ptc099964 | Disposed |
To see the full case history of Rama 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 Rama Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rama Industries Limited has a workforce of 239 employees on its EPFO records as of Mar 31, 2024, across 2 active EPFO establishments.
Employee count
239
Active EPFO establishments
2
Employee growth
-4.4%
GST
Rama Industries has 4 GST registrations: 4 active.
Total GSTINs
4
Active
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR5096C1ZF | Maharashtra | Active | 01 Jul 2017 |
| 27AAACR5096C2ZE | Maharashtra | Active | 30 Jul 2017 |
| 03AAACR5096C1ZP | Punjab | Active | 01 Jul 2017 |
| 23AAACR5096C1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rama Industries Limited, buy the company report.
Recent activity
Rama Industries Limited has 24 board changes on record since 1999: 6 appointments and 18 cessations. The latest: Brij Lal Khanna ceased to be Additional Director on 02 Aug 2019.
AGM
Rama Industries Limited last Annual general meeting of members was held on 16 Sep 2025 as per latest MCA records.
Filing
Rama Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 101052558 was registered on 10 Feb 2025.
Charges
A charge with Others of Rs. 25.00 Cr registered on 21 Mar 2024 with Charge ID 100890819 was modified on 30 May 2024.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100890819 was registered on 21 Mar 2024.
Ceased
Brij Lal Khanna ceased to be Additional Director.
Appointed
Brij Lal Khanna was appointed as Director.
Ceased
Deonath Singh ceased to be Director.
Ceased
Nikunj Ramprasad Joshi ceased to be Whole-Time Director.
Ceased
Ramrao Gunderao Kulkarni ceased to be Additional Director.
Appointed
Ramrao Gunderao Kulkarni was appointed as Director.
Ceased
Shefali Bhavesh Karani ceased to be Additional Director.
39 earlier events are in the company report.
Frequently asked questions
Rama Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 09 April 1987 (39+ years old) and is registered under CIN U24110MH1987PLC043127.
Rama Industries has 5 current directors:
- Daulat Jaisingh Ramsinghani - Whole-Time Director
- Shefali Bhavesh Karani - Director
- Brij Lal Khanna - Director
- Ramrao Gunderao Kulkarni - Director
- Haresh Ramsinghani - Director
The latest financial statements of Rama Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 16 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rama Industries is 27AAACR5096C1ZF, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACR5096C2ZE (Maharashtra), 03AAACR5096C1ZP (Punjab), 23AAACR5096C1ZN (Madhya Pradesh).
The CIN (Corporate Identification Number) of Rama Industries is U24110MH1987PLC043127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rama Industries has 63 court cases on record: 35 filed by the company and 28 filed against it. 9 are pending. Most are in the high courts.
Rama Industries was incorporated on 09 April 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Rama Industries has 28 deals on record (26 secondary share transfers, 2 funding rounds), with disclosed funding of ₹41.96 Cr; the latest was in May 2022.
The peers of Rama Industries by revenue are G T Z (India) Pvt Ltd, D K Pharma Chem Private Limited, Subhash Chemical Industries Private Limited, Stanvac Chemicals (India) Limited, Canton Laboratories Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Brij Lal Khanna ceased to be Additional Director on 02 Aug 2019. Brij Lal Khanna was appointed as Director on 29 Mar 2019. Deonath Singh ceased to be Director on 01 Jan 2019. Rama Industries has 24 board changes on record in total.
Yes, Rama Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-20-0000015).