- Category
- Small (2021-22)
- Udyam number
- UDYAM-MH-18-0026266

About Ravi Das Industries Limited
Data last updated:
Ravi Das Industries Limited is a public limited company based in Mumbai, Maharashtra, India. 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.
Ravi Das Industries Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0026266). 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.
Company details
Recognitions & Rankings of Ravi Das Industries
Contact details
Ravi Das Industries Limited's registered office is in Mumbai, Maharashtra. Its website is ravidas-industries-limited.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No. 320 Bldg No.11 3rd Floor Motilal Nehru Nagar Chs, BKC Bandra E, Mumbai, Maharashtra, India – 400051
- IndustryConsumer Goods, Footwear Manufacturing
To see the full contact details of Ravi Das Industries 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
Business activity
The main business activity of Ravi Das Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Ravi Das Industries Limited, buy the company report.
Financials of Ravi Das Industries Limited
FY 2024 filings availableRavi Das Industries Limited reported revenue of ₹1.01 Cr (down 76% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Ravi Das Industries Limited, buy the company report.
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 3 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 1 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 1 Months | Current |
Peer comparison
Ravi Das Industries Limited is compared with the 5 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 | |||
| KPS Style Private Limited | ₹1.01 Cr (FY 2021) | -63.0% | Delhi, India | |||
| Ravi Das Industries Limitedthis company | ₹1.01 Cr (FY 2024) | ₹76,210 | 0.8% | -76.0% | Mumbai, Maharashtra, India | |
| Pakke Dhagge Private Limited | ₹1.01 Cr (FY 2023) | 150.0% | New Delhi, Delhi, India | |||
| Aboki Footland India Private Limited | ₹95.97 Lakh (FY 2019) | -53.0% | Tri Nagar, Delhi, India |
To see the full peer comparison of Ravi Das Industries Limited, buy the company report.
Auditor
Ravi Das Industries Limited is audited by S S R V & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S R V & ASSOCIATES | FY 2021 | 135901W |
Shareholding
The shareholding of Ravi Das Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ravi Das Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Jun 2020 | 100362623 | Others | ₹27.65 Lakh | Open | |
| 12 May 2020 | 100362349 | Others | ₹13.92 Lakh | Open | |
| 02 Dec 2019 | 100315221 | Others | ₹1.39 Cr | Open | |
| 31 Dec 2015 | 10612344 | Canara Bank | ₹20 Lakh | Satisfied |
To see the full charge records of Ravi Das Industries Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
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.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 2 |
| High courts | 5 | 1 | 1 |
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 and Others and 1 other | Pending |
| Bombay High Court | Writ petition | Filed by the company against Union Bank of India and Others and 1 other | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Union Bank of India | Disposed |
| High Court | Arbitration matter | Filed against the company by Grauer and Weil (India) Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SW CASES W) | Filed by the company against an individual | Pending |
To see the full case history of Ravi Das Industries 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ravi Das Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
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 |
To see the full GST registrations and return filing status of Ravi Das Industries Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Upendra Ravidas - Director
- Bina Ashutosh Soti - Director
- Jayesh Jaswantrai Mehta - Additional Director
The latest financial statements of Ravi Das Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
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 district 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 Icon Footplast Private Limited, Aadil - Cunial Components India Private Limited, KPS Style Private Limited, Pakke Dhagge Private Limited, Aboki Footland India Private Limited, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).
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.
Yes, Ravi Das Industries is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0026266).
Ravi Das Industries can be reached through the website ravidas-industries-limited.business.site. Its registered office is in Mumbai, Maharashtra, India.

