Ratnakala Tex Tech Private Limited
About Ratnakala Tex Tech Private Limited
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Ratnakala Tex Tech Private Limited is a private limited company based in Umra, Gujarat, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 05 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29268GJ2016PTC085970. Its GSTIN is 24AAHCR6242H1ZE (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹33.52 Lakh. It is led by directors Pareshbhai Vallabhbhai Vaghani (Managing Director) and Ashokbhai Vallabhbhai Waghani.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 193 194 Sukhram Industrial Estate Taluk. Olpad, Umra, Gujarat, India – 394130.
As per the financials filed for FY 2022, the company reported a revenue of ₹79.49 Lakh, a growth of 140% compared to the previous year. For the same year it recorded a net loss of ₹3.12 Lakh (net margin -3.9%) and EBITDA of ₹19.6 Lakh (EBITDA margin 24.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 89% over five years.
As per MCA filings, the company has open charges of ₹1.39 Cr on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Ratnakala Tex Tech Private Limited's registered office is in Umra, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 193 194 Sukhram Industrial Estate Taluk. Olpad, Umra, Gujarat, India – 394130
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Ratnakala Tex Tech Private 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
Financials of Ratnakala Tex Tech Private Limited
FY 2023 filings availableRatnakala Tex Tech Private Limited reported revenue of ₹79.49 Lakh (up 140% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 89% over five years, including 140% growth 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹79.49 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹19.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 24.7% | ||||
| Net Profit Margin | -3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Ratnakala Tex Tech Private Limited, buy the company report.
Board of directors of Ratnakala Tex Tech Private Limited
Ratnakala Tex Tech has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pareshbhai Vallabhbhai Vaghani | Managing Director | 05 Feb 2016 | 10 Years 8 Months | Current |
| Ashokbhai Vallabhbhai Waghani | Director | 05 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Ratnakala Tex Tech Private Limited is audited by R H K & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R H K & ASSOCIATES | FY 2020 | 130296W |
Shareholding
The shareholding of Ratnakala Tex Tech Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ratnakala Tex Tech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2017 | 100152919 | Others | ₹25 Lakh | Open | |
| 25 Oct 2016 | 100130763 | Others | ₹1.14 Cr | Open |
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Ratnakala Tex Tech Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ratnakala Tex Tech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ratnakala Tex Tech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCR6242H1ZE | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratnakala Tex Tech Private Limited, buy the company report.
Recent activity
Ratnakala Tex Tech Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Ashokbhai Vallabhbhai Waghani was appointed as Director on 05 Feb 2016.
Frequently asked questions
Ratnakala Tex Tech is an active private limited company based in Umra, Gujarat, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 05 February 2016 (10+ years old) and is registered under CIN U29268GJ2016PTC085970.
Ratnakala Tex Tech has 2 current directors:
- Pareshbhai Vallabhbhai Vaghani - Managing Director
- Ashokbhai Vallabhbhai Waghani - Director
The latest financial statements of Ratnakala Tex Tech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Ratnakala Tex Tech is 24AAHCR6242H1ZE, registered in Gujarat.
The CIN (Corporate Identification Number) of Ratnakala Tex Tech is U29268GJ2016PTC085970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnakala Tex Tech was incorporated on 05 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Ashokbhai Vallabhbhai Waghani was appointed as Director on 05 Feb 2016. Pareshbhai Vallabhbhai Vaghani was appointed as Managing Director on 05 Feb 2016.
The registered office of Ratnakala Tex Tech is at Plot No. 193 194 Sukhram Industrial Estate Taluk. Olpad, Umra, Gujarat, India – 394130.
Ratnakala Tex Tech operates in the information technology industry, in the electronic components and equipment manufacturing segment.
Ratnakala Tex Tech has open charges of ₹1.39 Cr and no satisfied charges on record as per latest MCA filings.