- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0028643

About Rayrhythms Industries Private Limited
Data last updated:
Rayrhythms Industries Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 31 December 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31101GJ2015PTC085553. Its GSTIN is 24AAHCR6549R1ZJ (Gujarat).
The company has an authorised share capital of ₹64 Lakh and a paid-up capital of ₹63.29 Lakh. It is led by directors Rakesh Chabildas Upadhyay and Kuldip Chhabildas Upadhyay.
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 Plot No. I/11/48 Kanha Industrial Estate Manjusar Savli, Vadodara, Gujarat, India – 391775.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.65 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹6.06 Lakh (net margin 2.3%) and EBITDA of ₹22.42 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 17% over five years.
The company is associated with 1 brand: Rayrhythms. As per MCA filings, the company has open charges of ₹2.49 Cr on record.
Rayrhythms Industries Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0028643). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rayrhythms.com.
Recognitions & Rankings of Rayrhythms Industries
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. I/11/48 Kanha Industrial Estate Manjusar Savli, Vadodara, Gujarat, India – 391775
- IndustryConsumer Electronics & Durables, Electronics 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
Associated Brands with Rayrhythms Industries Private Limited
Rayrhythms Industries operates one associated brand: Rayrhythms. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies reliable LED lights for various environments and applications. | rayrhythms.com |
Business Activity of Rayrhythms Industries Private Limited
The main business activity of Rayrhythms Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Rayrhythms Industries Private Limited FY 2025 filings available
Rayrhythms Industries Private Limited reported revenue of ₹2.65 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rayrhythms Industries Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 6% growth in the latest year. EBITDA fell 11% 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 Rayrhythms Industries 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 | ₹22.42 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.06 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 Rayrhythms Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Rayrhythms Industries are in the company report.
Financial statements from FY 2016
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 Rayrhythms Industries Private Limited
Rayrhythms Industries 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 |
|---|---|---|---|---|
| Rakesh Chabildas Upadhyay | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
| Kuldip Chhabildas Upadhyay | Director | 31 Dec 2015 | 10 Years 9 Months | Current |
Peer Comparison of Rayrhythms Industries Private Limited
Rayrhythms Industries Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Battfit Technologies Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 3814.0% | •••• | Jaipur, Rajasthan, India |
| Genesis Power Equipments Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Bangalore, Karnataka, India |
| Araush Green Energy Private Limited | ₹2.66 Cr (FY 2024) | •••• | •••• | 54.0% | •••• | New Delhi, Delhi, India |
| Research Center for Sustainable Solution Private Limited | ₹2.66 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Nashik, Maharashtra, India |
| Gentrust Consumer Durables Private Limited | ₹2.65 Cr (FY 2024) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Rayrhythms Industries Private Limited this company | ₹2.65 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Vadodara, Gujarat, India |
| TP Impex Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Troosol Enterprises Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Neue Light Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | -87.0% | •••• | New Delhi, Delhi, India |
| Sunda India Technology Private Limited | ₹2.65 Cr (FY 2023) | •••• | •••• | -78.0% | •••• | Delhi, India |
| Natureraise Technologies Private Limited | ₹2.65 Cr (FY 2025) | •••• | •••• | 64.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Rayrhythms Industries by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Rayrhythms Industries Private Limited
Rayrhythms Industries Private Limited is audited by S K THAKKAR & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S K THAKKAR & 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.
Ownership and Shareholding of Rayrhythms Industries 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 Rayrhythms Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Nov 2023 | Others | ₹1.24 Cr | Open |
| 22 Mar 2017 | Others | ₹1.24 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Rayrhythms Industries Private Limited
Employment history and EPFO contributions of people linked to Rayrhythms 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 Rayrhythms Industries Private Limited
Rayrhythms Industries Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Harish Chander Gupta ceased to be Director on 26 May 2018.
Credit Ratings, Litigation & Regulatory Alerts for Rayrhythms Industries 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 Rayrhythms Industries 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 Rayrhythms Industries 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 Rayrhythms Industries Private Limited
Rayrhythms Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCR6549R1ZJ | Gujarat | 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 Rayrhythms Industries 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 Rayrhythms Industries Private Limited
Rayrhythms Industries is an active private limited company based in Vadodara, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 31 December 2015 (11+ years old) and is registered under CIN U31101GJ2015PTC085553.
Rayrhythms Industries reported revenue of ₹2.65 Cr for FY 2025 (up 6% YoY).
Rayrhythms Industries has 2 current directors:
- Rakesh Chabildas Upadhyay - Director
- Kuldip Chhabildas Upadhyay - Director
Rayrhythms Industries reported a net profit of ₹6.06 Lakh (net margin 2.3%) and EBITDA of ₹22.42 Lakh (EBITDA margin 8.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rayrhythms Industries is 8% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rayrhythms Industries is 24AAHCR6549R1ZJ, registered in Gujarat.
The CIN (Corporate Identification Number) of Rayrhythms Industries is U31101GJ2015PTC085553. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rayrhythms Industries was incorporated on 31 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rayrhythms Industries by revenue are Battfit Technologies Private Limited, Genesis Power Equipments Private Limited, Araush Green Energy Private Limited, Research Center for Sustainable Solution Private Limited, Gentrust Consumer Durables Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Harish Chander Gupta ceased to be Director on 26 May 2018. Kuldip Chhabildas Upadhyay was appointed as Director on 31 Dec 2015. Rakesh Chabildas Upadhyay was appointed as Director on 31 Dec 2015.
Yes, Rayrhythms Industries is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0028643).