Rattan Industries Ltd.
About Rattan Industries Ltd.
Data last updated:
Rattan Industries Ltd. is a public limited company based in New Delhi, Delhi, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 06 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17211DL1999PLC100557. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Saneh Prakash Bansal and Monica Bansal.
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at B – 1/E – 13 – 14 Mohan Cooperative Industrial Area Mathura Road, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2016, the company reported a revenue of ₹10.73 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹3.07 Lakh (net margin 0.3%) and EBITDA of ₹73.37 Lakh (EBITDA margin 6.8%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
Court records list 41 cases involving the company, including 8 filed by the company and 33 filed against it; 13 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Rattan Industries Ltd.'s registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 1/E – 13 – 14 Mohan Cooperative Industrial Area Mathura Road, New Delhi, Delhi, India – 110044
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Rattan Industries Ltd., 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 Rattan Industries Ltd.
FY 2016 filings availableRattan Industries Ltd. reported revenue of ₹10.73 Cr (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 40% fall in the latest year. EBITDA fell 28% 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹10.73 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹73.37 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹3.07 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 6.8% | |
| Net Profit Margin | 0.3% | |
| 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 Rattan Industries Ltd., buy the company report.
Board of directors of Rattan Industries Ltd.
Rattan Industries has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subodh Kumar Also directs: Bon Mart International Limited | Additional Director | 15 Mar 2019 | 7 Years 7 Months | Current |
| Saneh Prakash Bansal Also directs: Bon Mart International Limited | Director | 06 Jul 1999 | 27 Years 3 Months | Current |
| Monica Bansal | Director | 30 Nov 2002 | 23 Years 10 Months | Current |
Auditor
Rattan Industries Ltd. is audited by N D GUPTA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N D GUPTA & CO | FY 2016 | 005389N |
Shareholding
The shareholding of Rattan Industries Ltd. is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Rattan Industries Ltd., buy the company report.
Legal cases
Rattan Industries Ltd. has 41 court cases on record: 8 filed by Rattan Industries, 33 filed against it. 13 cases are pending and 28 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 38 | 32 | 12 |
| High courts | 2 | 1 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (CONT.CAS(C)) | Filed against the company by Nishi Exports Pvt Ltd | Pending |
| District court, South East, Delhi | Execution petition | Filed against the company by Berco Engineering Pvt Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Berco Engineering Pvt. Ltd | Pending |
| District court, East, Delhi | Revision petition | Filed by the company against Nishi Exports Private Ltd. | Disposed |
| District court, South East, Delhi | Revision petition | Filed against the company by Berco Engineering Pvt Ltd | Disposed |
To see the full case history of Rattan Industries Ltd., 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rattan Industries Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rattan Industries has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Rattan Industries Ltd., buy the company report.
Recent activity
Rattan Industries Ltd. has 4 board changes on record since 1999: 3 appointments and 1 cessation. The latest: Rakesh Bansal ceased to be Director on 15 Mar 2019.
Frequently asked questions
Rattan Industries is an active public limited company based in New Delhi, Delhi, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 06 July 1999 (27+ years old) and is registered under CIN U17211DL1999PLC100557.
Rattan Industries has 3 current directors:
- Subodh Kumar - Additional Director
- Saneh Prakash Bansal - Director
- Monica Bansal - Director
The latest financial statements of Rattan Industries on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
No. Rattan Industries has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rattan Industries is U17211DL1999PLC100557. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rattan Industries has 41 court cases on record: 8 filed by the company and 33 filed against it. 13 are pending. Most are in the district courts.
Rattan Industries was incorporated on 06 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Delhi.
Rakesh Bansal ceased to be Director on 15 Mar 2019. Subodh Kumar was appointed as Additional Director on 15 Mar 2019. Monica Bansal was appointed as Director on 30 Nov 2002. Rattan Industries has 4 board changes on record in total.
The registered office of Rattan Industries is at B – 1E – 13 – 14 Mohan Cooperative Industrial Area Mathura Road, New Delhi, Delhi, India – 110044.
Rattan Industries operates in the home and lifestyle industry, in the textile retail and distribution segment.