Ras Turbo Private Limited
About Ras Turbo Private Limited
Data last updated:
Ras Turbo Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Ras Tek Private Limited. It operates in the heavy engineering and manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29113MH2001PTC134178. Its GSTIN is 27AABCR9186Q1ZE (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Ras Turboned Private Limited. It is led by directors including Satish Joshi and Srikanta Sudhirchandra Parui.
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 Thane, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹33,750, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹7.58 Lakh and EBITDA of -₹7.58 Lakh. Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 1% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹70 Lakh on record. Court records list 7 cases involving the company, including 7 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA – 585 T.T.C. Industrial Area, Mahape M.I.D.C, Thane, Maharashtra, India – 400710
- IndustryMachinery and Equipment, Heavy Engineering & Manufacturing
- 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
Financials of Ras Turbo Private Limited FY 2024 filings available
Ras Turbo Private Limited reported revenue of ₹33,750 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ras Turbo Private Limited
Revenue fell 98% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 208% 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 Turbo 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 | -₹7.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.58 Lakh | •••• | •••• | •••• | •••• |
| 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 Turbo Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 Turbo 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 Ras Turbo Private Limited
Ras Turbo has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Joshi Also directs: Ras Tek Private Limited | Director | 10 Dec 2001 | 24 Years 10 Months | Current |
| Srikanta Sudhirchandra Parui Also directs: Ras Tek Private Limited, Jyotika Dresses Private Limited | Director | 10 Dec 2001 | 24 Years 10 Months | Current |
| Ajaykumar Jugal Sapra Also directs: Ras Tek Private Limited, Jyotika Dresses Private Limited | Director | 10 Dec 2001 | 24 Years 10 Months | Current |
| Gaurav Srikanta Parui Also directs: Ras Tek Private Limited | Director | 07 Mar 2022 | 4 Years 7 Months | Current |
Peer Comparison of Ras Turbo Private Limited
Ras Turbo Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Heavy Engineering). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Katy Heavy Engineering India Private Limited | ₹1.21 Lakh (FY 2016) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Ashoka Sortex Private Limited | ₹1.2 Lakh (FY 2025) | •••• | •••• | •••• | Punjab, India | |
| Al Burhan Engineering Company Private Limited | ₹1.2 Lakh (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Dreeza Enterprises Private Limited | ₹61,000 (FY 2021) | •••• | •••• | -100.0% | •••• | Ludhiana, Punjab, India |
| Petrogold Heavy Engineering Limited | ₹36,520 (FY 2025) | •••• | •••• | -33.0% | •••• | Thondayad, Kerala, India |
| Ras Turbo Private Limited this company | ₹33,750 (FY 2024) | •••• | •••• | -98.0% | •••• | Thane, Maharashtra, India |
| Shreegee Infra Towers Private Limited | ₹14,819 (FY 2025) | •••• | •••• | 10.0% | •••• | Meerut, Uttar Pradesh, India |
| Powerol Heavy Engineering Private Limited | ₹12,571 (FY 2022) | •••• | •••• | •••• | Thiruvallur, Tamil Nadu, India | |
| Mars Heavy Engineering Private Limited | ₹7,515 (FY 2021) | •••• | •••• | -100.0% | •••• | Chennai, Tamil Nadu, India |
| Rak Heavy Engineering Constructions Private Limited | ₹6,010 (FY 2017) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Allen and Alvan Defence and Aero Space Private Limited | ₹578 (FY 2024) | •••• | •••• | -30.0% | •••• | Aligarh, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Ras Turbo by revenue in the Machinery and Equipment industry (Heavy Engineering), 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 Ras Turbo Private Limited
Ras Turbo 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.
Ownership and Shareholding of Ras Turbo 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 Turbo Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Aug 2007 | The Thane Janata Sahakari Bank Ltd | ₹20 Lakh | Open |
| 13 Apr 2006 | The Thane Janta Sahakari Bank Limited | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Ras Turbo Private Limited
Ras Turbo Private Limited has 7 court cases on record: 7 filed by Ras Turbo. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against an individual | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against individuals | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against individuals | Disposed |
Full case history
All 7 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.
Employees and EPFO Compliance at Ras Turbo Private Limited
Employment history and EPFO contributions of people linked to Ras Turbo.
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 Turbo Private Limited
Ras Turbo 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 |
|---|---|---|
| Jyotika Dresses Private Limited | U18101DL2005PTC133417 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Ras Turbo Private Limited
Ras Turbo Private Limited has 6 board changes on record since 2001: 5 appointments and 1 cessation. The latest: Gaurav Srikanta Parui was appointed as Director on 07 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Ras Turbo 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.
MSME Payment Delays by Ras Turbo Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Ras Turbo 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 Turbo Private Limited
Ras Turbo has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCR9186Q1ZE | 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 Turbo 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 Turbo Private Limited
Ras Turbo is an active private limited company based in Thane, Maharashtra, India. The company works in heavy engineering and manufacturing, within the machinery and equipment industry. It was incorporated on 10 December 2001 (25+ years old) and is registered under CIN U29113MH2001PTC134178.
Ras Turbo reported revenue of ₹33,750 for FY 2024 (down 98% YoY).
Ras Turbo has 4 current directors:
- Satish Joshi - Director
- Srikanta Sudhirchandra Parui - Director
- Ajaykumar Jugal Sapra - Director
- Gaurav Srikanta Parui - Director
Ras Turbo reported a net loss of ₹7.58 Lakh and EBITDA of -₹7.58 Lakh for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ras Turbo is -70% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ras Turbo is 27AABCR9186Q1ZE, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ras Turbo is U29113MH2001PTC134178. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ras Turbo has 7 court cases on record: 7 filed by the company.
Ras Turbo was incorporated on 10 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ras Turbo by revenue are Katy Heavy Engineering India Private Limited, Ashoka Sortex Private Limited, Al Burhan Engineering Company Private Limited, Dreeza Enterprises Private Limited, Petrogold Heavy Engineering Limited and 5 more, all in the Machinery and Equipment industry (Heavy Engineering).
Gaurav Srikanta Parui was appointed as Director on 07 Mar 2022. Rehan Marzban Karanjia ceased to be Director on 10 May 2018. Ajaykumar Jugal Sapra was appointed as Director on 10 Dec 2001. Ras Turbo has 6 board changes on record in total.