About Ratnaflex Engineering Private Limited
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Ratnaflex Engineering Private Limited is a private limited company based in Mehsana, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 21 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28994GJ2017PTC097935. Its GSTIN is 24AAECH2273B1Z4 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It was formerly known as Hidroflex Engineering Private Limited and Refinflex Engineering Private Limited. It is led by directors Bhavin Narendrakumar Siddhpura and Rajendra Bhanwarlal Doshi.
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 Survey No. 803 Ahmedabad – Mehsana Highway Village – Indrad Po Chhatral Taluka – Kadi, Gujarat, India – 382729.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.67 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Cr (net margin 10%) and EBITDA of ₹3.79 Cr (EBITDA margin 16%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 46% over five years.
The company has about 76 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ratnaflex. As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ratnaflex.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 803 Ahmedabad – Mehsana Highway Village – Indrad Po Chhatral Taluka – Kadi, Gujarat, India – 382729
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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
Name History of Ratnaflex Engineering Private Limited
Ratnaflex Engineering has undergone 2 name changes throughout its history. The company was previously known as Hidroflex Engineering Private Limited, and Refinflex Engineering Private Limited. The current legal name is Ratnaflex Engineering Private Limited.
| Company Name | Status |
|---|---|
| Ratnaflex Engineering Private Limited | Current |
| Hidroflex Engineering Private Limited | Previous |
| Refinflex Engineering Private Limited | Previous |
Associated Brands with Ratnaflex Engineering Private Limited
Ratnaflex Engineering operates one associated brand: RATNAFLEX. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Design and manufacturing of expansion joints for energy and industrial sectors. | ratnaflex.com |
Business Activity of Ratnaflex Engineering Private Limited
The main business activity of Ratnaflex Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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.
Auditor Details of Ratnaflex Engineering Private Limited
Ratnaflex Engineering Private Limited is audited by RAJESH J. SHAH & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH J. SHAH & ASSOCIATES | 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 Ratnaflex Engineering Private Limited
Ratnaflex Engineering has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavin Narendrakumar Siddhpura | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
| Rajendra Bhanwarlal Doshi Also directs: Aurum Alloys & Engineering LLP | Director | 30 Sep 2020 | 6 Years 0 Months | Current |
Financials of Ratnaflex Engineering Private Limited FY 2025 filings available
Ratnaflex Engineering Private Limited reported revenue of ₹23.67 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ratnaflex Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 46% over five years, including 11% growth in the latest year. EBITDA fell 31% 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 Ratnaflex Engineering 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 | ₹23.67 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.79 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.37 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 Ratnaflex Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10% | •••• | •••• | •••• | •••• |
| 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 Ratnaflex Engineering are in the company report.
Financial statements from FY 2018
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.
Ownership and Shareholding of Ratnaflex Engineering 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 Ratnaflex Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Dec 2018 | Hdfc Bank Limited | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ratnaflex Engineering Private Limited
Ratnaflex Engineering Private Limited has a workforce of 76 employees as of Feb 03, 2026.
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.
GST Compliance of Ratnaflex Engineering Private Limited
Ratnaflex Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECH2273B1Z4 | Gujarat | Active | 26 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.
Credit Ratings, Litigation & Regulatory Alerts for Ratnaflex Engineering 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 Ratnaflex Engineering 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 Ratnaflex Engineering 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.
MCA Filings & Documents of Ratnaflex Engineering 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.
Recent Activity on Ratnaflex Engineering Private Limited
Frequently Asked Questions about Ratnaflex Engineering Private Limited
Ratnaflex Engineering is an active private limited company based in Mehsana, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 21 June 2017 (9+ years old) and is registered under CIN U28994GJ2017PTC097935.
Ratnaflex Engineering reported revenue of ₹23.67 Cr for FY 2024 (up 11% YoY).
Ratnaflex Engineering has 2 current directors:
- Bhavin Narendrakumar Siddhpura - Director
- Rajendra Bhanwarlal Doshi - Director
Ratnaflex Engineering reported a net profit of ₹2.37 Cr (net margin 10%) and EBITDA of ₹3.79 Cr (EBITDA margin 16%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ratnaflex Engineering is 59% over three years and 46% over five years. In the latest year (FY 2024) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ratnaflex Engineering is 24AAECH2273B1Z4, registered in Gujarat.
The CIN (Corporate Identification Number) of Ratnaflex Engineering is U28994GJ2017PTC097935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnaflex Engineering was incorporated on 21 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ratnaflex Engineering can be reached through the website ratnaflex.com. Its registered office is in Mehsana, Gujarat, India.