MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-02-0007779
Raman Thermosets Pvt Ltd - machinery and equipment in Shahapur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹106 Cr
▲ 27% YoY
Net profit · FY 2025
₹3.29 Cr
Net margin 3.1%
EBITDA · FY 2025
₹5.36 Cr
EBITDA margin 5.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18.52 Lakh
Issued & subscribed
Open charges
₹10.18 Cr
Satisfied ₹32.43 Lakh
Company age
34 yrs
Est. 1992
Employees · EPFO
28
Provident fund records
About Raman Thermosets Pvt Ltd
Data last updated:
Raman Thermosets Pvt Ltd is a private limited company based in Shahapur, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 September 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U25209MH1992PTC068427. Its GSTIN is 27AABCR4786N1ZO (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.52 Lakh. It is led by directors including Jaykrishna Raman and Anirudh Jaykrishna Raman.
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 is at Shahapur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹106 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.29 Cr (net margin 3.1%) and EBITDA of ₹5.36 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 25% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Raman Thermosets. As per MCA filings, the company has open charges of ₹10.18 Cr and satisfied charges of ₹32.43 Lakh on record.
Raman Thermosets Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0007779). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ramanthermoset.com.
Company Details of Raman Thermosets Pvt Ltd
CIN U25209MH1992PTC068427
Registration Number 068427
Incorporation Date 07 September 1992
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-02-0007779
Key People
Jaykrishna Raman Director Anirudh Jaykrishna Raman Director Lasitha Jay Krishna Raman Director Recognitions & Rankings of Raman Thermosets
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address28 R. B. Sharma Industrial Estate, Near B Bay Decolite Ric Asangaon Village, Shahapur, Maharashtra, India – 421601
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
Comprehensive company report
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Associated Brands with Raman Thermosets Pvt Ltd
Raman Thermosets operates one associated brand: RAMAN THERMOSETS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of injection moulded components and thermoset moulds in India. | ramanthermoset.com |
Business Activity of Raman Thermosets Pvt Ltd
The main business activity of Raman Thermosets is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Raman Thermosets Pvt Ltd FY 2024 filings available
Raman Thermosets Pvt Ltd reported revenue of ₹106 Cr (up 27% YoY) for FY 2025.
Revenue · FY 2025
₹106 Cr ▲ 27%
Net profit · FY 2025
₹3.29 Cr margin 3.1%
EBITDA · FY 2025
₹5.36 Cr margin 5.1%
Compounded Annual Growth Rate (CAGR) of Raman Thermosets Pvt Ltd
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 35%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 21%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 27% growth in the latest year. 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 of Raman Thermosets Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.36 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.29 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 Raman Thermosets Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.1% | •••• | •••• | •••• | •••• |
| 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 Raman Thermosets are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Raman Thermosets Pvt Ltd
Raman Thermosets has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaykrishna Raman | Director | 07 Sep 1992 | 34 Years 1 Months | Current |
| Anirudh Jaykrishna Raman | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Lasitha Jay Krishna Raman | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
| Adhwaith Jaykrishna Raman | Director | 17 Jul 2017 | 9 Years 3 Months | Current |
Peer Comparison of Raman Thermosets Pvt Ltd
Raman Thermosets Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hilite Industries Private Limited | ₹106.77 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Inflame Appliances Limited Listed | ₹106.64 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Baddi, Himachal Pradesh, India |
| Casewell Drilling Services Private Limited | ₹106.44 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | New Delhi, Delhi, India |
| Cryogas Equipment Private Limited | ₹106.3 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Vadodara, Gujarat, India |
| Ok Play Auto Limited | ₹106.29 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | New Delhi, Delhi, India |
| Raman Thermosets Pvt Ltd this company | ₹106 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Shahapur, Maharashtra, India |
| Gea BGR Energy System India Limited | ₹105.93 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| Groth Continental Manufacturing Private Limited | ₹105.52 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Ahmedabad, Gujarat, India |
| Goma Process Technologies Private Limited | ₹105.47 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Thane, Maharashtra, India |
| Pradip Polyfils Private Limited | ₹105.18 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | Navsari, Gujarat, India |
| Power High Engineers Private Limited | ₹105.16 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Raman Thermosets by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Raman Thermosets Pvt Ltd
Raman Thermosets Pvt Ltd is audited by Sudarshan Abilesh & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Sudarshan Abilesh & Co | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Raman Thermosets Pvt Ltd
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Raman Thermosets Pvt Ltd
Open charges
₹10.18 Cr
Satisfied charges
₹32.43 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2025 | Others | ₹13.13 Lakh | Open |
| 25 Nov 2024 | Hdfc Bank Limited | ₹66.74 Lakh | Open |
| 31 Aug 2018 | Hdfc Bank Limited | ₹9.39 Cr | Open |
| 13 May 2015 | Mahindra and Mahindra Financial Services Limited | ₹6.98 Lakh | Satisfied |
| 12 Feb 2013 | Electronica Finance Limited | ₹25.45 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Raman Thermosets Pvt Ltd
Raman Thermosets Pvt Ltd has a workforce of 28 employees as of Apr 07, 2024.
Employee count
28
Active EPFO establishments
2
Employee growth
3.7%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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- Establishment history
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Recent Activity on Raman Thermosets Pvt Ltd
Raman Thermosets Pvt Ltd has 8 board changes on record since 1992: 4 appointments and 4 cessations. The latest: Adhwaith Jaykrishna Raman ceased to be Additional Director on 30 Sep 2017.
Charges
A charge with Others amounted to Rs. 13.13 Lakh with Charge ID 101041981 was registered on 06 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 66.74 Lakh with Charge ID 101032039 was registered on 25 Nov 2024.
AGM
Raman Thermosets Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Raman Thermosets Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited of Rs. 938.56 Lakh registered on 31 Aug 2018 with Charge ID 100205565 was modified on 28 Dec 2022.
Charges
A charge registered on 13 May 2015 via Charge ID 10568649 with Mahindra And Mahindra Financial Services Limited was fully satisfied on 29 Sep 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 938.56 Lakh with Charge ID 100205565 was registered on 31 Aug 2018.
Charges
A charge registered on 12 Feb 2013 via Charge ID 10402133 with Electronica Finance Limited was fully satisfied on 05 Jun 2018.
Ceased
Adhwaith Jaykrishna Raman ceased to be Additional Director.
Ceased
Anirudh Jaykrishna Raman ceased to be Additional Director.
Ceased
Lasitha Jay Krishna Raman ceased to be Additional Director.
Ceased
Murlidharan Raman Kunni ceased to be Director.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Raman Thermosets Pvt Ltd
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Raman Thermosets Pvt Ltd
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Raman Thermosets Pvt Ltd
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Raman Thermosets Pvt Ltd
Raman Thermosets has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR4786N1ZO | Maharashtra | Active | 01 Jul 2017 |
| 29AABCR4786N1ZK | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Raman Thermosets Pvt Ltd
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Raman Thermosets Pvt Ltd
Raman Thermosets is an active private limited company based in Shahapur, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 September 1992 (34+ years old) and is registered under CIN U25209MH1992PTC068427.
Raman Thermosets reported revenue of ₹106 Cr for FY 2025 (up 27% YoY).
Raman Thermosets has 4 current directors:
- Jaykrishna Raman - Director
- Anirudh Jaykrishna Raman - Director
- Lasitha Jay Krishna Raman - Director
- Adhwaith Jaykrishna Raman - Director
Raman Thermosets reported a net profit of ₹3.29 Cr (net margin 3.1%) and EBITDA of ₹5.36 Cr (EBITDA margin 5.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Raman Thermosets is 35% over three years and 25% over five years. In the latest year (FY 2025) revenue rose 27%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Raman Thermosets is 27AABCR4786N1ZO, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AABCR4786N1ZK (Karnataka).
The CIN (Corporate Identification Number) of Raman Thermosets is U25209MH1992PTC068427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Raman Thermosets was incorporated on 07 September 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Raman Thermosets by revenue are Hilite Industries Private Limited, Inflame Appliances Limited, Casewell Drilling Services Private Limited, Cryogas Equipment Private Limited, Ok Play Auto Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
Adhwaith Jaykrishna Raman ceased to be Additional Director on 30 Sep 2017. Anirudh Jaykrishna Raman ceased to be Additional Director on 30 Sep 2017. Lasitha Jay Krishna Raman ceased to be Additional Director on 30 Sep 2017. Raman Thermosets has 8 board changes on record in total.
Yes, Raman Thermosets is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-02-0007779).