About Ravi Das Industries Limited
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Ravi Das Industries Limited is a public limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 25 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U19129MH2012PLC233789. Its GSTIN is 27AAGCR0221F2ZT (Maharashtra). The company holds 2 GST registrations, of which 1 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 Upendra Ravidas and Bina Ashutosh Soti.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.01 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹76,210 (net margin 0.8%) and EBITDA of ₹51.68 Lakh (EBITDA margin 51.1%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 45% over five years.
As per MCA filings, the company has open charges of ₹1.81 Cr and satisfied charges of ₹20 Lakh on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ravidas-industries-limited.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressOffice No. 320 Bldg No.11 3rd Floor Motilal Nehru Nagar Chs, BKC Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Footwear Manufacturing
- 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
Business Activity of Ravi Das Industries Limited
The main business activity of Ravi Das Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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.
Financials of Ravi Das Industries Limited FY 2024 filings available
Ravi Das Industries Limited reported revenue of ₹1.01 Cr (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ravi Das Industries Limited
Revenue has declined at a compounded annual rate (CAGR) of 45% over five years, including a 76% fall in the latest year. EBITDA rose 54% 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 Ravi Das Industries 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹51.68 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹76,210 | •••• | •••• | •••• | •••• |
| 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 Ravi Das Industries Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 51.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.8% | •••• | •••• | •••• | •••• |
| 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 Ravi Das Industries are in the company report.
Financial statements from 2015
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.
Peer Comparison of Ravi Das Industries Limited
Ravi Das Industries Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aar Aay Products Private Limited | ₹1.06 Cr (FY 2025) | •••• | •••• | 407.0% | •••• | New Delhi, Delhi, India |
| Icon Footplast Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Aadil - Cunial Components India Private Limited | ₹1.03 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Chennai, Tamil Nadu, India |
| XD Factory Private Limited | ₹1.02 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| KPS Style Private Limited | ₹1.01 Cr (FY 2021) | •••• | •••• | -63.0% | •••• | Delhi, India |
| Ravi Das Industries Limited this company | ₹1.01 Cr (FY 2024) | •••• | •••• | -76.0% | •••• | Mumbai, Maharashtra, India |
| Pakke Dhagge Private Limited | ₹1.01 Cr (FY 2023) | •••• | •••• | 150.0% | •••• | New Delhi, Delhi, India |
| Rivir Shoes Private Limited | ₹97.92 Lakh (FY 2023) | •••• | •••• | 32.0% | •••• | Gurgaon, Haryana, India |
| Progressive Shoe Last (India) Private Limited | ₹96.31 Lakh (FY 2018) | •••• | •••• | -2.0% | •••• | Agra, Uttar Pradesh, India |
| Aboki Footland India Private Limited | ₹95.97 Lakh (FY 2019) | •••• | •••• | -53.0% | •••• | Tri Nagar, Delhi, India |
| Legwork Lifestyle Private Limited | ₹94.39 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Ravi Das Industries by revenue in the Consumer Products industry (Footwear Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ravi Das Industries Limited
Ravi Das Industries Limited is audited by S S R V & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S R V & 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 Ravi Das Industries Limited
Ravi Das Industries has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Upendra Ravidas Also directs: Ravidas Infrastructure Projects Limited, Rockward Abode Private Limited, Ravidas Airlines Limited and 1 more | Director | 25 Jul 2012 | 14 Years 2 Months | Current |
| Bina Ashutosh Soti Also directs: Ravidas Airlines Limited, Man Mandir Benquite Hall Private Limited, Valente Hospitality Private Limited and 1 more | Director | 30 Sep 2019 | 7 Years 0 Months | Current |
| Jayesh Jaswantrai Mehta Also directs: Ravidas Infrastructure Projects Limited, Ravidas Airlines Limited, Ravidas International Private Limited and 1 more | Additional Director | 13 Sep 2023 | 3 Years 0 Months | Current |
Ownership and Shareholding of Ravi Das Industries 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 Ravi Das Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2020 | Others | ₹27.65 Lakh | Open |
| 12 May 2020 | Others | ₹13.92 Lakh | Open |
| 02 Dec 2019 | Others | ₹1.39 Cr | Open |
| 31 Dec 2015 | Canara Bank | ₹20 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Ravi Das Industries Limited
Ravi Das Industries Limited has 10 court cases on record: 7 filed by Ravi Das Industries, 3 filed against it. 3 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 5 | 2 | 2 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against Union Bank of India Limited | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union Bank of India Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed against the company by Grauer and Weil (India) Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by The Canara Bank Limited | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Ravi Das Industries Limited
Employment history and EPFO contributions of people linked to Ravi Das Industries.
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.
Recent Activity on Ravi Das Industries Limited
Ravi Das Industries Limited has 18 board changes on record since 2012: 3 appointments and 15 cessations. The latest: Jayesh Jaswantrai Mehta was appointed as Additional Director on 13 Sep 2023.
14 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ravi Das Industries 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 Ravi Das Industries 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 Ravi Das Industries 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.
GST Compliance of Ravi Das Industries Limited
Ravi Das Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCR0221F2ZT | Maharashtra | Active | 01 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.
MCA Filings & Documents of Ravi Das Industries 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.
Frequently Asked Questions about Ravi Das Industries Limited
Ravi Das Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 25 July 2012 (14+ years old) and is registered under CIN U19129MH2012PLC233789.
Ravi Das Industries reported revenue of ₹1.01 Cr for FY 2024 (down 76% YoY).
Ravi Das Industries has 3 current directors:
- Upendra Ravidas - Director
- Bina Ashutosh Soti - Director
- Jayesh Jaswantrai Mehta - Additional Director
Ravi Das Industries reported a net profit of ₹76,210 (net margin 0.8%) and EBITDA of ₹51.68 Lakh (EBITDA margin 51.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ravi Das Industries is -36% over three years and -45% over five years. In the latest year (FY 2024) revenue fell 76%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ravi Das Industries is 27AAGCR0221F2ZT, registered in Maharashtra. 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 Ravi Das Industries is U19129MH2012PLC233789. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ravi Das Industries has 10 court cases on record: 7 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Ravi Das Industries was incorporated on 25 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ravi Das Industries by revenue are Aar Aay Products Private Limited, Icon Footplast Private Limited, Aadil - Cunial Components India Private Limited, XD Factory Private Limited, KPS Style Private Limited and 5 more, all in the Consumer Products industry (Footwear Manufacturers).
Jayesh Jaswantrai Mehta was appointed as Additional Director on 13 Sep 2023. Jayesh Jaswantrai Mehta ceased to be Additional Director on 01 Mar 2022. Sandhya Ankur Upadhyay ceased to be Additional Director on 01 Mar 2022. Ravi Das Industries has 18 board changes on record in total.