About Rational Engineers Limited
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Rational Engineers Limited is a public limited company based in Thane, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 27 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH1989PLC050809. Its GSTIN is 27AAACR2142P1Z7 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹34.54 Cr. It was formerly known as Rational Engineers Private Limited. It is led by directors including Mahendrakumar Khyalilal Jain (Managing Director) and Jubin Mahendrakumar Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 10 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹1,412.98 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net profit of ₹107.91 Cr (net margin 7.6%) and EBITDA of ₹161.76 Cr (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 47% over five years.
The company has about 500 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rational Engineers. As per MCA filings, the company has open charges of ₹388 Cr and satisfied charges of ₹183.76 Cr on record. Court records list 12 cases involving the company, including 7 filed by the company and 5 filed against it; 4 cases are pending. The company has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹90.26 Cr; the latest was in June 2025. The company has 11 MSME Form 1 returns on record between 2018 and 2023, listing 362 overdue payments to 63 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rationalengineers.com.
Company details
CIN history
Rational Engineers has one previous CIN (Corporate Identification Number): U31200MH1989PTC050809. The current CIN is U31200MH1989PLC050809, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200MH1989PLC050809 | Current |
| U31200MH1989PTC050809 | Previous |
Contact details
Rational Engineers Limited's registered office is in Thane, Maharashtra. Its website is rationalengineers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address103 1st Floor Dhanlaxmi, Residency Near Tiptop Plaza, Thane, Maharashtra, India – 400604
- IndustryManufacturing, Cable & Wire
To see the full contact details of Rational Engineers Limited, buy the company report.
- 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
Brands
Rational Engineers operates one associated brand: Rational Engineers. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying copper wires and conductors for industrial applications. | rationalengineers.com |
Business activity
The main business activity of Rational Engineers is manufacturing. In detail, this covers manufacture of basic metals.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 24 | Manufacture of basic metals |
To see the full business activity and turnover split of Rational Engineers Limited, buy the company report.
Financials of Rational Engineers Limited
FY 2026 filings availableRational Engineers Limited reported revenue of ₹1,412.98 Cr (up 58% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 58% growth in the latest year. EBITDA rose 189% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1,412.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹161.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹107.91 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
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | ||||
| Net Profit Margin | 7.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Rational Engineers Limited, buy the company report.
Board of directors of Rational Engineers Limited
Rational Engineers has 7 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahendrakumar Khyalilal Jain Also directs: Avioncrest Constructions LLP, Mahendra Jain Endeavours LLP, Shri SDM Sugar Private Limited and 5 more | Managing Director | 25 Aug 2006 | 20 Years 2 Months | Current |
| Kajol Mahendrakumar Jain | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
| Jubin Mahendrakumar Jain Also directs: Avioncrest Constructions LLP, Mahendra Jain Endeavours LLP, Skylink Aero Private Limited and 1 more | Whole-Time Director | 23 Jun 2016 | 10 Years 4 Months | Current |
| Nilesh Bhogilal Gandhi Also directs: Indosolar Limited, Waaree Renewable Technologies Limited, Unid Finance Consultancy Private Limited and 1 more | Director | 05 Apr 2022 | 4 Years 7 Months | Current |
| Nilesh Pramod Vedak | Director | 25 Sep 2025 | 1 Years 1 Months | Current |
| Bipin Jayantibhai Joshi | Director | 29 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Rational Engineers Limited is audited by CHHAJED & DOSHI for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHAJED & DOSHI | FY 2026 | 101794W |
Shareholding
The shareholding of Rational Engineers Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rational Engineers Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2026 | 101373966 | Hdfc Bank Limited | ₹92.4 Lakh | Open | |
| 23 Jun 2026 | 101331263 | Hdfc Bank Limited | ₹22.86 Cr | Open | |
| 11 Mar 2025 | 101073814 | Others | ₹13.95 Lakh | Open | |
| 31 Dec 2024 | 101034812 | Others | ₹13.84 Lakh | Open | |
| 29 Jun 2024 | 100951077 | Others | ₹43 Lakh | Open |
To see the full charge records of Rational Engineers Limited, buy the company report.
Total charge records: 58 View all charges
Deals & funding
Rational Engineers Limited has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹90.26 Cr; the latest was in June 2025.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2025 | Funding round | ₹62.94 Cr | Investors: Adivam Family Trust Pan, 3 individuals |
| Nov 2024 | Funding round | ₹25.1 Cr | Investors: Anantroop Financial Advisory Services Private Limited , 3 individuals |
| Jun 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: Mahendra Khyalilal Jain HUF, an individual Seller: 2 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Rational Engineers 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
Rational Engineers Limited has 12 court cases on record: 7 filed by Rational Engineers, 5 filed against it. 4 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 8 | 4 | 3 |
| NCLT | 3 | 1 | 1 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed by the company against Gic Insuflex Conductors Private Limited and 2 Others and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| NCLT, Mumbai | Company petition | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by an individual | Pending |
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
To see the full case history of Rational Engineers 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.
Credit ratings & regulatory alerts
Rational Engineers Limited was last rated by Crisil on 29 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 Jun 2021 |
To see the full credit ratings and regulatory alerts of Rational Engineers Limited, buy the company report.
MSME payment delays
Rational Engineers Limited has 11 MSME Form 1 returns on record between 2018 and 2023, listing 362 overdue payments to 63 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 63)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Anukul Associates | |||
| Proximon Controls Private Limited | |||
| an individual supplier | |||
| Patel Timber Mart | |||
| Metnation Technologies |
To see the full MSME payment records of Rational Engineers Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rational Engineers Limited has a workforce of 500 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 500 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Rational Engineers Limited, buy the company report.
GST
Rational Engineers has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR2142P1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27AAACR2142P2Z6 | Maharashtra | Active | 24 Jun 2025 |
| 26AAACR2142P1Z9 | Daman & Diu | Active | 15 Sep 2023 |
| 24AAACR2142P1ZD | Gujarat | Active | 28 May 2025 |
To see the full GST registrations and return filing status of Rational Engineers Limited, buy the company report.
Recent activity
Rational Engineers Limited has 27 board changes on record since 2006: 17 appointments and 10 cessations. The latest: Venkateswaran Ramanan was appointed as Nominee Director on 15 Jun 2026.
136 earlier events are in the company report.
Frequently asked questions
Rational Engineers is an active public limited company based in Thane, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 27 February 1989 (37+ years old) and is registered under CIN U31200MH1989PLC050809.
Rational Engineers has 7 current directors:
- Mahendrakumar Khyalilal Jain - Managing Director
- Jubin Mahendrakumar Jain - Whole-Time Director
- Kajol Mahendrakumar Jain - Director
- Nilesh Bhogilal Gandhi - Director
- Nilesh Pramod Vedak - Director
- Bipin Jayantibhai Joshi - Director
- Venkateswaran Ramanan - Nominee Director
The latest financial statements of Rational Engineers on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Rational Engineers is 27AAACR2142P1Z7, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACR2142P2Z6 (Maharashtra), 26AAACR2142P1Z9 (Daman & Diu), 24AAACR2142P1ZD (Gujarat).
The CIN (Corporate Identification Number) of Rational Engineers is U31200MH1989PLC050809. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rational Engineers has 12 court cases on record: 7 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Rational Engineers was incorporated on 27 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Rational Engineers has 10 deals on record (6 funding rounds, 4 secondary share transfers), with disclosed funding of ₹90.26 Cr; the latest was in June 2025.
Venkateswaran Ramanan was appointed as Nominee Director on 15 Jun 2026. Suhas Ravindra Advant ceased to be CFO on 16 Oct 2025. Nilesh Pramod Vedak was appointed as Director on 25 Sep 2025. Rational Engineers has 27 board changes on record in total.
Rational Engineers has 11 MSME Form 1 returns on record between 2018 and 2023, listing 362 overdue payments to 63 micro and small suppliers. The latest return was filed on 03 Jul 2024.
Rational Engineers can be reached through the website rationalengineers.com. Its registered office is in Thane, Maharashtra, India.
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