About Ras Tek Private Limited
Data last updated:
Ras Tek Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the shipbuilding and repair services segment of the transport and logistics sector. It was incorporated on 22 November 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35111MH2000PTC129709. Its GSTIN is 27AABCR6988G1ZV (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.07 Lakh. It is led by directors including Ajaykumar Jugal Sapra and Satish Joshi.
Its last annual general meeting (AGM) was held on 18 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.06 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹39.17 Cr (net margin 46%) and EBITDA of ₹51.18 Cr (EBITDA margin 60.2%). Revenue has grown at a compounded annual rate (CAGR) of 51% over three years and 22% over five years.
The company has about 117 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Ras Tek. As per MCA filings, the company has open charges of ₹53.82 Lakh and satisfied charges of ₹17 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ras-tek.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 585 T.T.C. Industrial Area, Mahape M.I.D.C, Thane, Maharashtra, India – 400710
- IndustryTransport and Logistics, Shipbuilding & Repair Services
- 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
Business Activity of Ras Tek Private Limited
The main business activities of Ras Tek are manufacturing and professional, scientific and technical. In detail, this covers repair & installation of machinery & equipment, motor vehicles and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Ras Tek Private Limited FY 2024 filings available
Ras Tek Private Limited reported revenue of ₹85.06 Cr (up 167% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ras Tek Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 22% over five years, including 167% growth in the latest year. EBITDA rose 895% 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 Ras Tek Private 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹51.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹39.17 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 Ras Tek Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 46% | •••• | •••• | •••• | •••• |
| 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 Ras Tek 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.
Peer Comparison of Ras Tek Private Limited
Ras Tek Private Limited is compared with the companies closest to it by revenue in the Shipping industry (Shipbuilding and Repairs). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chowgule SBD Private Limited | •••• | •••• | •••• | •••• | 59 | Mormugao, Goa, India |
| Rajendra Shipbreakers Pvt Ltd | •••• | •••• | •••• | •••• | - | Bhavnagar, Gujarat, India |
| Vijai Marine Services Private Limited | •••• | •••• | •••• | •••• | - | Vasco-Da-Gama, Goa, India |
| Atreya Shipyard Private Limited | •••• | •••• | •••• | •••• | 88 | Panaji, Goa, India |
| Liberty Highrise Private Limited | •••• | •••• | •••• | •••• | 107 | Kolkata, West Bengal, India |
| Ras Tek Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Karanja Terminal & Logistics Private Limited | •••• | •••• | •••• | •••• | 43 | Thane, Maharashtra, India |
| Mahavir Inducto-Melt Private Limited | •••• | •••• | •••• | •••• | 123 | Ahmedabad, Gujarat, India |
| Empezar Global Marine Services Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Shri Gautam Shipbreaking Industries Private Limited | •••• | •••• | •••• | •••• | - | Bhavnagar, Gujarat, India |
| Shipteck Marine Solutions Private Limited | •••• | •••• | •••• | •••• | 75 | Vasco Da Gama, Goa, India |
Peers are the five companies nearest above and the five nearest below Ras Tek by revenue in the Shipping industry (Shipbuilding and Repairs), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Ras Tek Private Limited
Ras Tek Private Limited is audited by R.R. RANADE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.R. RANADE & 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.
Board of Directors of Ras Tek Private Limited
Ras Tek has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajaykumar Jugal Sapra Also directs: Ras Turbo Private Limited, Jyotika Dresses Private Limited | Director | 15 Dec 2000 | 25 Years 9 Months | Current |
| Satish Joshi Also directs: Ras Turbo Private Limited | Director | 21 Dec 2002 | 23 Years 9 Months | Current |
| Srikanta Sudhirchandra Parui Also directs: Ras Turbo Private Limited, Jyotika Dresses Private Limited | Director | 22 Nov 2000 | 25 Years 10 Months | Current |
| Gaurav Srikanta Parui Also directs: Ras Turbo Private Limited | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
Ownership and Shareholding of Ras Tek Private 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 Ras Tek Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2007 | The Thane Janata Sahakari Bank Limited | ₹20 Lakh | Open |
| 29 Mar 2007 | The Thane Janata Sahakari Bank Limited | ₹3.82 Lakh | Open |
| 13 Apr 2006 | The Thane Janta Sahakri Bank Limited | ₹30 Lakh | Open |
| 22 Mar 2011 | The Thane Janata Sahakari Bank Limited | ₹4.25 Cr | Satisfied |
| 21 Aug 2010 | The Thane Janata Sahakari Bank Limited | ₹1.25 Cr | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Ras Tek Private Limited
Ras Tek Private Limited has 9 court cases on record: 8 filed by Ras Tek, 1 filed against it. 1 case is pending and 8 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 1 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Kaneria Granito Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Civil M.A.) | Filed by the company against Kaneria Granito Limited | Disposed |
| High Court of Gujarat | Court case (AS) | Filed by the company against an individual | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Mann and Hummel Filters Pvt. Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Mann and Hummel Filters Pvt. Ltd | Disposed |
Full case history
All 9 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 Ras Tek Private Limited
Ras Tek Private Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 44 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Beyond Logistics Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Balaji Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Fiba Shipping Agency | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 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.
Associated Brands with Ras Tek Private Limited
Ras Tek operates one associated brand: Ras Tek. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Engine repairs and services for marine, oil, and gas sectors. | ras-tek.com |
Employees and EPFO Compliance at Ras Tek Private Limited
Ras Tek Private Limited has a workforce of 117 employees as of Apr 08, 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 Ras Tek Private Limited
Ras Tek has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Ras Turbo Private Limited | U29113MH2001PTC134178 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Ras Tek Private Limited
Ras Tek Private Limited has 6 board changes on record since 2000: 4 appointments and 2 cessations. The latest: Gaurav Srikanta Parui ceased to be Additional Director on 30 Sep 2022.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ras Tek Private 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 Ras Tek Private 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 Ras Tek Private Limited
Ras Tek has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR6988G1ZV | Maharashtra | 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 Ras Tek Private 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 Ras Tek Private Limited
Ras Tek is an active private limited company based in Thane, Maharashtra, India. The company works in shipbuilding and repair services, within the transport and logistics industry. It was incorporated on 22 November 2000 (26+ years old) and is registered under CIN U35111MH2000PTC129709.
Ras Tek reported revenue of ₹85.06 Cr for FY 2024 (up 167% YoY).
Ras Tek has 4 current directors:
- Ajaykumar Jugal Sapra - Director
- Satish Joshi - Director
- Srikanta Sudhirchandra Parui - Director
- Gaurav Srikanta Parui - Director
Ras Tek reported a net profit of ₹39.17 Cr (net margin 46%) and EBITDA of ₹51.18 Cr (EBITDA margin 60.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ras Tek is 51% over three years and 22% over five years. In the latest year (FY 2024) revenue rose 167%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ras Tek is 27AABCR6988G1ZV, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ras Tek is U35111MH2000PTC129709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ras Tek has 9 court cases on record: 8 filed by the company and 1 filed against it. 1 is pending. Most are in the high courts.
Ras Tek was incorporated on 22 November 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ras Tek by revenue are Chowgule SBD Private Limited, Rajendra Shipbreakers Pvt Ltd, Vijai Marine Services Private Limited, Atreya Shipyard Private Limited, Liberty Highrise Private Limited and 5 more, all in the Shipping industry (Shipbuilding and Repairs).
Gaurav Srikanta Parui ceased to be Additional Director on 30 Sep 2022. Gaurav Srikanta Parui was appointed as Director on 07 Mar 2022. Rehan Marzban Karanjia ceased to be Director on 10 May 2018. Ras Tek has 6 board changes on record in total.
Ras Tek has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 44 overdue payments to 7 micro and small suppliers. The latest return was filed on 17 Nov 2019.