About Rathi Engineering Solutions Private Limited
Data last updated:
Rathi Engineering Solutions Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29308PN2019PTC188129. Its GSTIN is 27AAJCR9431Q1ZI (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Manan Ajoy Rathi (Managing Director) and Christian Gloor.
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 Plot No W – 153 S Block MIDC Bhosari M/S.Sayali Engineering Private Limited, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.13 Cr, a growth of 46% compared to the previous year. For the same year it recorded a net profit of ₹2.56 Cr (net margin 4.4%) and EBITDA of ₹4.12 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 190% over five years.
The company has about 55 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8.5 Cr and satisfied charges of ₹5.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending.
For more details, the company can be reached via its website rathiengineering.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No W – 153 S Block MIDC Bhosari M/S.Sayali Engineering Private Limited, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Rathi Engineering Solutions Private Limited
The main business activity of Rathi Engineering Solutions 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 |
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 Rathi Engineering Solutions Private Limited FY 2024 filings available
Rathi Engineering Solutions Private Limited reported revenue of ₹58.13 Cr (up 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rathi Engineering Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 190% over five years, including 46% growth in the latest year. EBITDA rose 240% 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 Rathi Engineering Solutions Private Limited
| 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 | ₹4.12 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.56 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 Rathi Engineering Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Rathi Engineering Solutions are in the company report.
Financial statements from FY 2020
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 Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apex Metchem Private Limited | ₹58.99 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Jaipur, Rajasthan, India |
| Safrroys Machines Pvt Ltd | ₹58.89 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Reliable Hub's Engineering (India) Private Limited | ₹58.68 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Ambernath, Maharashtra, India |
| RM Cutter Process Solutions India Private Limited | ₹58.39 Cr (FY 2025) | •••• | •••• | 243.0% | •••• | New Delhi, Delhi, India |
| Bondioli & Pavesi India Private Limited | ₹58.24 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Khed, Maharashtra, India |
| Rathi Engineering Solutions Private Limited this company | ₹58.13 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Pune, Maharashtra, India |
| Saan Engineers Private Limited | ₹57.84 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Navi Mumbai, Maharashtra, India |
| Mas Equipments Private Limited | ₹57.81 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Delhi, India |
| Bala Industries and Entertainment Private Limited | ₹57.81 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Pune - 411 030, Maharashtra, India |
| Multitec Aids Private Limited | ₹57.74 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| T & I Projects Ltd | ₹57.06 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Rathi Engineering Solutions by revenue in the Machinery and Equipment industry (Process Machinery), 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 Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions Private Limited is audited by P V DEO & ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| P V DEO & ASSOCIATES LLP | 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 Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions 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 |
|---|---|---|---|---|
| Christian Gloor | Director | 30 Aug 2023 | 3 Years 1 Months | Current |
| Chandrakant Vithoba Nanaware | Additional Director | 18 Dec 2020 | 5 Years 9 Months | Current |
| Manan Ajoy Rathi Also directs: Rathi Engineering LLP, Unplggd Education LLP | Managing Director | 02 Dec 2019 | 6 Years 10 Months | Current |
| Ajoy Balkrishna Rathi Also directs: Rathi Engineering LLP, Balkrishna Rathi Finance Pvt Ltd | Director | 02 Dec 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Rathi Engineering Solutions 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 Rathi Engineering Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Feb 2024 | Others | ₹8.5 Cr | Open |
| 23 May 2023 | Others | ₹3.5 Cr | Satisfied |
| 06 Aug 2021 | Bank of India | ₹2 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions Private Limited has 2 court cases on record: 2 filed by Rathi Engineering Solutions. 1 case is pending and 1 is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against State | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed by the company against State | Disposed |
Full case history
All 2 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 Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions Private Limited has 2 MSME Form 1 returns on record for the period ending Sep 2023, listing 37 overdue payments to 29 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 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shree Trading Compan | •••• | •••• | •••• |
| Parul Engineering Private Limited | •••• | •••• | •••• |
| Alloy Master Technologies Private Limited | •••• | •••• | •••• |
| Poonam Paints Corpor | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 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.
Employees and EPFO Compliance at Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions Private Limited has a workforce of 55 employees as of Apr 02, 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.
Recent Activity on Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions Private Limited has 6 board changes on record since 2019: 4 appointments and 2 cessations. The latest: Christian Gloor was appointed as Director on 30 Aug 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rathi Engineering Solutions 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 Rathi Engineering Solutions 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 Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCR9431Q1ZI | Maharashtra | Active | 24 Dec 2019 |
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 Rathi Engineering Solutions 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 Rathi Engineering Solutions Private Limited
Rathi Engineering Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 02 December 2019 (7+ years old) and is registered under CIN U29308PN2019PTC188129.
Rathi Engineering Solutions reported revenue of ₹58.13 Cr for FY 2025 (up 46% YoY).
Rathi Engineering Solutions has 4 current directors:
- Manan Ajoy Rathi - Managing Director
- Christian Gloor - Director
- Chandrakant Vithoba Nanaware - Additional Director
- Ajoy Balkrishna Rathi - Director
Rathi Engineering Solutions reported a net profit of ₹2.56 Cr (net margin 4.4%) and EBITDA of ₹4.12 Cr (EBITDA margin 7.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rathi Engineering Solutions is 39% over three years and 190% over five years. In the latest year (FY 2025) revenue rose 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rathi Engineering Solutions is 27AAJCR9431Q1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Rathi Engineering Solutions is U29308PN2019PTC188129. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rathi Engineering Solutions has 2 court cases on record: 2 filed by the company. 1 is pending.
Rathi Engineering Solutions was incorporated on 02 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Rathi Engineering Solutions by revenue are Apex Metchem Private Limited, Safrroys Machines Pvt Ltd, Reliable Hub's Engineering (India) Private Limited, RM Cutter Process Solutions India Private Limited, Bondioli & Pavesi India Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Christian Gloor was appointed as Director on 30 Aug 2023. Manan Ajoy Rathi ceased to be Director on 30 Mar 2023. Chandrakant Vithoba Nanaware ceased to be Additional Director on 29 Nov 2021. Rathi Engineering Solutions has 6 board changes on record in total.
Yes, Rathi Engineering Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).