MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-14-0000348
Ratnadeep Metal and Tubes Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹198.16 Cr
▼ 12% YoY
Net profit · FY 2025
₹12.52 Cr
Net margin 6.3%
EBITDA · FY 2025
₹24.92 Cr
EBITDA margin 12.6%
Authorised capital
₹40 Cr
Registered with MCA
Paid-up capital
₹30.49 Cr
Issued & subscribed
Open charges
₹145.74 Cr
Satisfied ₹187.23 Cr
Company age
24 yrs
Est. 2002
Employees · EPFO
69
Provident fund records
About Ratnadeep Metal and Tubes Limited
Data last updated:
Ratnadeep Metal and Tubes Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 14 June 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27101GJ2002PLC040863. Its GSTIN is 24AACCR1616C1Z1 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹40 Cr and a paid-up capital of ₹30.49 Cr. It was formerly known as Ratnadeep Metal and Tubes Private Limited. It is led by directors including Bharatkumar Shantilal Sanghavi (Managing Director) and Jaimik Bharatkumar Sanghvi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 402 Sai Prasad Appartment Nr Darpan Academy Usmanpura, Ahmedabad, Gujarat, India – 380013.
As per the financials filed for FY 2025, the company reported a revenue of ₹198.16 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹12.52 Cr (net margin 6.3%) and EBITDA of ₹24.92 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 3% over five years.
The company has about 69 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹145.74 Cr and satisfied charges of ₹187.23 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
Ratnadeep Metal and Tubes Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0000348). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnadeepmetal.com.
Company details
CIN U27101GJ2002PLC040863
Registration Number 040863
Incorporation Date 14 June 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-14-0000348
Name history
Ratnadeep Metal and Tubes has undergone 4 name changes throughout its history. The current legal name is Ratnadeep Metal And Tubes Limited.
| Company Name | Status |
|---|---|
| Ratnadeep Metal and Tubes Limited | Current |
| Ratnadeep Metal And Tubes Limited | Previous |
| Ratnadeep Metal And Tubes Private Limited | Previous |
| Ratnadeep Metal & Tubes Pvt. Ltd. | Previous |
| Ratnadeep Metal Tubes Private Limited | Previous |
CIN history
Ratnadeep Metal and Tubes has one previous CIN (Corporate Identification Number): U27101GJ2002PTC040863. The current CIN is U27101GJ2002PLC040863, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27101GJ2002PLC040863 | Current |
| U27101GJ2002PTC040863 | Previous |
Key People
Bharatkumar Shantilal Sanghavi Managing Director Jaimik Bharatkumar Sanghvi Whole-Time Director Parag Kailash Chandra Jagetiya Director Recognitions & Rankings of Ratnadeep Metal and Tubes
Contact details
Ratnadeep Metal and Tubes Limited's registered office is in Ahmedabad, Gujarat. Its website is ratnadeepmetal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address402 Sai Prasad Appartment Nr Darpan Academy Usmanpura, Ahmedabad, Gujarat, India – 380013
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of Ratnadeep Metal and Tubes Limited, buy the company report.
Comprehensive company report
Ratnadeep Metal and Tubes Limited - one report that includes everything
- 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
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Business activity
The main business activity of Ratnadeep Metal and Tubes is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Ratnadeep Metal and Tubes Limited, buy the company report.
Financials of Ratnadeep Metal and Tubes Limited
FY 2025 filings availableRatnadeep Metal and Tubes Limited reported revenue of ₹198.16 Cr (down 12% YoY) for FY 2025.
Revenue · FY 2025
₹198.16 Cr ▼ 12%
Net profit · FY 2025
₹12.52 Cr margin 6.3%
EBITDA · FY 2025
₹24.92 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 10%
5 years · compounded
▲ 10%
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 10% 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 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 | ₹24.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹12.52 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Ratnadeep Metal and Tubes Limited, buy the company report.
Board of directors of Ratnadeep Metal and Tubes Limited
Ratnadeep Metal and Tubes has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaimik Bharatkumar Sanghvi | Whole-Time Director | 01 Sep 2018 | 8 Years 2 Months | Current |
| Parag Kailash Chandra Jagetiya | Director | 05 Oct 2020 | 6 Years 1 Months | Current |
| Chandani Ankitkumar Jhanwar Also directs: Rama Polycon Limited, Elysium Pharmaceuticals Ltd | Director | 05 Oct 2020 | 6 Years 1 Months | Current |
| Bharatkumar Shantilal Sanghavi | Managing Director | 14 Jun 2002 | 24 Years 5 Months | Current |
| Prafula Bharatkumar Sanghavi | Additional Director | 24 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Ratnadeep Metal and Tubes Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dadu Pipes Private Limited. | ₹202.37 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Ratnadeep Metal and Tubes Limitedthis company | ₹198.16 Cr (FY 2025) | ₹12.52 Cr | 6.3% | -12.0% | 69 | Ahmedabad, Gujarat, India |
| Ub Stainless Limited | ₹195.27 Cr (FY 2025) | 1.0% | Nashik, Maharashtra, India | |||
| Indus Tubes Limited | ₹192.06 Cr (FY 2025) | -48.0% | Delhi, India |
To see the full peer comparison of Ratnadeep Metal and Tubes Limited, buy the company report.
Auditor
Ratnadeep Metal and Tubes Limited is audited by KPSJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPSJ & ASSOCIATES LLP | FY 2023 | 124845W/W100209 |
Shareholding
The shareholding of Ratnadeep Metal and Tubes Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ratnadeep Metal and Tubes Limited, buy the company report.
Charges & borrowings
Open charges
₹145.74 Cr
Satisfied charges
₹187.23 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2024 | 101027834 | Axis Bank Limited | ₹78.51 Cr | Open | |
| 17 Jul 2024 | 100959288 | Sidbi | ₹4.46 Cr | Open | |
| 29 Jun 2024 | 100944981 | Hdfc Bank Limited | ₹46.9 Cr | Open | |
| 17 May 2024 | 100932417 | Others | ₹5.25 Cr | Open | |
| 21 Mar 2024 | 100884944 | Sidbi | ₹5.5 Cr | Open |
To see the full charge records of Ratnadeep Metal and Tubes Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Ratnadeep Metal and Tubes Limited has 6 court cases on record: 3 filed by Ratnadeep Metal and Tubes, 3 filed against it. All cases are disposed.
Total cases
6
Filed by the company
3
Filed against the company
3
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (REWA) | Filed by the company against Sas Autocom Engineers India P Ltd and 2 others | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (CMA SC) | Filed by the company against Sas Autucom Engineers India P Ltd | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (SMST S) | Filed by the company against Sas Autocom Engineers India P.Ltd | Disposed |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
| District court, GANDHINAGAR, Gujarat | Court case (AGRMNT LC) | Filed against the company by an individual | Disposed |
To see the full case history of Ratnadeep Metal and Tubes 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
Ratnadeep Metal and Tubes Limited was last rated by Brickwork on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Ratnadeep Metal and Tubes Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ratnadeep Metal and Tubes Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ratnadeep Metal and Tubes Limited has a workforce of 69 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
69
Active EPFO establishments
1
Employee growth
-2.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 69 |
| 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 Ratnadeep Metal and Tubes Limited, buy the company report.
GST
Ratnadeep Metal and Tubes has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR1616C1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratnadeep Metal and Tubes Limited, buy the company report.
Recent activity
Ratnadeep Metal and Tubes Limited has 17 board changes on record since 2002: 7 appointments and 10 cessations. The latest: Prafula Bharatkumar Sanghavi was appointed as Additional Director on 24 Mar 2025.
AGM
Ratnadeep Metal And Tubes Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ratnadeep Metal And Tubes Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Prafula Bharatkumar Sanghavi was appointed as Additional Director.
Charges
A charge registered on 30 Dec 2013 via Charge ID 10473654 with Others was fully satisfied on 01 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 46.90 Cr registered on 29 Jun 2024 with Charge ID 100944981 was modified on 31 Dec 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 78.51 Cr with Charge ID 101027834 was registered on 12 Dec 2024.
Ceased
Mansi Jaimik Sanghavi ceased to be Additional Director.
Charges
A charge with Sidbi amounted to Rs. 4.46 Cr with Charge ID 100959288 was registered on 17 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 46.90 Cr with Charge ID 100944981 was registered on 29 Jun 2024.
Charges
A charge with Others amounted to Rs. 5.25 Cr with Charge ID 100932417 was registered on 17 May 2024.
Appointed
Mansi Jaimik Sanghavi was appointed as Additional Director.
Appointed
Divyaprakash Jagdishchandra Chechani was appointed as CFO.
40 earlier events are in the company report.
Frequently asked questions
Ratnadeep Metal and Tubes is an active public limited company based in Ahmedabad, Gujarat, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 14 June 2002 (24+ years old) and is registered under CIN U27101GJ2002PLC040863.
Ratnadeep Metal and Tubes has 5 current directors:
- Bharatkumar Shantilal Sanghavi - Managing Director
- Jaimik Bharatkumar Sanghvi - Whole-Time Director
- Parag Kailash Chandra Jagetiya - Director
- Chandani Ankitkumar Jhanwar - Director
- Prafula Bharatkumar Sanghavi - Additional Director
The latest financial statements of Ratnadeep Metal and Tubes on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ratnadeep Metal and Tubes is 24AACCR1616C1Z1, registered in Gujarat. 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 Ratnadeep Metal and Tubes is U27101GJ2002PLC040863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnadeep Metal and Tubes has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the district courts.
Ratnadeep Metal and Tubes was incorporated on 14 June 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ratnadeep Metal and Tubes by revenue are Dadu Pipes Private Limited, Ub Stainless Limited, Indus Tubes Limited, all in the Manufacturing industry (Pipes), with the same principal business activity (metal and metal products).
Prafula Bharatkumar Sanghavi was appointed as Additional Director on 24 Mar 2025. Mansi Jaimik Sanghavi ceased to be Additional Director on 29 Sep 2024. Mansi Jaimik Sanghavi was appointed as Additional Director on 04 Apr 2024. Ratnadeep Metal and Tubes has 17 board changes on record in total.
Yes, Ratnadeep Metal and Tubes is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-14-0000348).
Ratnadeep Metal and Tubes can be reached through the website ratnadeepmetal.com. Its registered office is in Ahmedabad, Gujarat, India.
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