- Category
- Small (2023-24)
- Udyam number
- UDYAM-RJ-33-0016651

About Ray Polytech Private Limited
Data last updated:
Ray Polytech Private Limited is a private limited company based in Udaipur, Rajasthan, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 05 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U25200RJ2011PTC036358. Its GSTIN is 08AAFCR4546L1ZY (Rajasthan).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹9.87 Lakh. It is led by directors Swati Maheshwari and Lokesh Kumar Maheshwari.
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 G – 90 Iid Centre RIICO Industrial Area Kaladwas, Udaipur, Rajasthan, India – 313003.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.55 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹16.13 Lakh (net margin 2.9%) and EBITDA of ₹95.02 Lakh (EBITDA margin 17.1%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 6% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹9.5 Cr and satisfied charges of ₹11.75 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.
Ray Polytech Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-33-0016651). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website raypolytech.in.
Recognitions & Rankings of Ray Polytech
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressG – 90 Iid Centre RIICO Industrial Area Kaladwas, Udaipur, Rajasthan, India – 313003
- 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
Business Activity of Ray Polytech Private Limited
The main business activity of Ray Polytech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal 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 Ray Polytech Private Limited FY 2025 filings available
Ray Polytech Private Limited reported revenue of ₹5.55 Cr (up 23% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ray Polytech Private Limited
Revenue rose 23% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 18% 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 Ray Polytech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹95.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.13 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 of Ray Polytech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 Ray Polytech 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.
Board of Directors of Ray Polytech Private Limited
Ray Polytech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swati Maheshwari | Director | 05 Sep 2011 | 15 Years 1 Months | Current |
| Lokesh Kumar Maheshwari | Director | 05 Sep 2011 | 15 Years 1 Months | Current |
Peer Comparison of Ray Polytech Private Limited
Ray Polytech Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aask Precision Engineers Private Limited | ₹5.57 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Pune, Maharashtra, India |
| Quantum Magnetics Private Limited | ₹5.56 Cr (FY 2025) | •••• | •••• | 9268.0% | •••• | Vasai, Maharashtra, India |
| Elsu Repointing Asia Private Limited | ₹5.56 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Doddaballapura, Karnataka, India |
| Shree Sainath Electrocote Private Limited | ₹5.56 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Navi Mumbai, Maharashtra, India |
| Sudarsan Engineering Industries Private Limited | ₹5.55 Cr (FY 2024) | •••• | •••• | 127.0% | •••• | Chennai, Tamil Nadu, India |
| Ray Polytech Private Limited this company | ₹5.55 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Udaipur, Rajasthan, India |
| Omkarsiddhi Fastner Private Limited | ₹5.55 Cr (FY 2023) | •••• | •••• | 28.0% | •••• | Latur, Maharashtra, India |
| Tungsten Carbide & Mill Rolls (India) Private Limited | ₹5.55 Cr (FY 2025) | •••• | •••• | •••• | Ghatsila, Jharkhand, India | |
| Belt and Bearing House Private Limited | ₹5.54 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Ahmedabad, Gujarat, India |
| Avb Entech Private Limited | ₹5.54 Cr (FY 2025) | •••• | •••• | 618.0% | •••• | Kolkata, West Bengal, India |
| Normalien Tooling Systems Pvt Ltd | ₹5.54 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ray Polytech by revenue in the Machinery and Equipment industry (Tools and Components), 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 Ray Polytech Private Limited
Ray Polytech Private Limited is audited by JAGDISH SONI & CO LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAGDISH SONI & CO LLP | 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.
Ownership and Shareholding of Ray Polytech 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 Ray Polytech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 2025 | Others | ₹9.5 Cr | Open |
| 24 Sep 2020 | Hdfc Bank Limited | ₹2 Cr | Satisfied |
| 08 Nov 2017 | Others | ₹3.95 Cr | Satisfied |
| 15 Jan 2015 | Others | ₹3.95 Cr | Satisfied |
| 12 Aug 2014 | Idbi Bank Limited | ₹1.85 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Ray Polytech Private Limited
Ray Polytech Private Limited has 2 court cases on record: 2 filed against it. All cases are pending. Status as checked on 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Court case (CSTAY) | Filed against the company by Soni and Company | Pending |
| High Court of Rajasthan | Court case (OOS) | Filed against the company by Soni and Company | Pending |
Full case history
All 2 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 Ray Polytech Private Limited
Ray Polytech Private Limited has a workforce of 6 employees as of Apr 08, 2024.
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 Ray Polytech Private Limited
Ray Polytech Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Ganesh Lal Toshniwal ceased to be Director on 12 May 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ray Polytech 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 Ray Polytech 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 Ray Polytech 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.
GST Compliance of Ray Polytech Private Limited
Ray Polytech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAFCR4546L1ZY | Rajasthan | 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 Ray Polytech 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.
Frequently Asked Questions about Ray Polytech Private Limited
Ray Polytech is an active private limited company based in Udaipur, Rajasthan, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 05 September 2011 (15+ years old) and is registered under CIN U25200RJ2011PTC036358.
Ray Polytech reported revenue of ₹5.55 Cr for FY 2025 (up 23% YoY).
Ray Polytech has 2 current directors:
- Swati Maheshwari - Director
- Lokesh Kumar Maheshwari - Director
Ray Polytech reported a net profit of ₹16.13 Lakh (net margin 2.9%) and EBITDA of ₹95.02 Lakh (EBITDA margin 17.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ray Polytech is -19% over three years and -6% over five years. In the latest year (FY 2025) revenue rose 23%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ray Polytech is 08AAFCR4546L1ZY, registered in Rajasthan.
The CIN (Corporate Identification Number) of Ray Polytech is U25200RJ2011PTC036358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ray Polytech has 2 court cases on record: 2 filed against it. 2 are pending.
Ray Polytech was incorporated on 05 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Ray Polytech by revenue are Aask Precision Engineers Private Limited, Quantum Magnetics Private Limited, Elsu Repointing Asia Private Limited, Shree Sainath Electrocote Private Limited, Sudarsan Engineering Industries Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Ganesh Lal Toshniwal ceased to be Director on 12 May 2023. Lokesh Kumar Maheshwari was appointed as Director on 05 Sep 2011. Swati Maheshwari was appointed as Director on 05 Sep 2011.