MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-08-0004477
Recliners India Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹119.45 Cr
▲ 7% YoY
Net profit · FY 2025
₹3.6 Cr
Net margin 3%
EBITDA · FY 2025
₹13.3 Cr
EBITDA margin 11.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.53 Cr
Issued & subscribed
Open charges
₹76.98 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
157
Provident fund records
About Recliners India Private Limited
Data last updated:
Recliners India Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 August 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U18101DL1996PTC081265. Its GSTIN is 07AABCR6505R1ZX (Delhi). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.53 Cr. It is led by directors Akhil Bansal and Rajinder Kumar Bansal.
Its last annual general meeting (AGM) was held on 24 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 4/1 Block – 2 W.H.S, Kirti Nagar, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹119.45 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹3.6 Cr (net margin 3%) and EBITDA of ₹13.3 Cr (EBITDA margin 11.1%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 13% over five years.
The company has about 157 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Recliners India. As per MCA filings, the company has open charges of ₹76.98 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 1 case is pending. The company has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.49 Cr; the latest was in August 2022. Its 4 peer companies in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 1 larger and 3 smaller; the largest is Jasmi Home Furnishings Private Limited with revenue of ₹119.68 Cr. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 205 overdue payments to 26 micro and small suppliers.
Recliners India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0004477). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reclinersindia.com.
Company details
CIN U18101DL1996PTC081265
Registration Number 081265
Incorporation Date 20 August 1996
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 24 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-08-0004477
Recognitions & Rankings of Recliners India
Contact details
Recliners India Private Limited's registered office is in New Delhi, Delhi. Its website is reclinersindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 4/1 Block – 2 W.H.S, Kirti Nagar, New Delhi, Delhi, India – 110015
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Recliners India Private Limited, buy the company report.
Comprehensive company report
Recliners India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Recliners India operates one associated brand: Recliners India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures recliners, sofas, and home theater seats for various clients. | reclinersindia.com |
Business activity
The main business activity of Recliners India is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products |
To see the full business activity and turnover split of Recliners India Private Limited, buy the company report.
Financials of Recliners India Private Limited
FY 2025 filings availableRecliners India Private Limited reported revenue of ₹119.45 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹119.45 Cr ▲ 7%
Net profit · FY 2025
₹3.6 Cr margin 3%
EBITDA · FY 2025
₹13.3 Cr margin 11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 20%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 30%
5 years · compounded
▲ 10%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth in the latest year. EBITDA rose 13% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹13.3 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.6 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Recliners India Private Limited, buy the company report.
Board of directors of Recliners India Private Limited
Recliners India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Bansal Also directs: Edu Vista Technologies Limited, Grizzly Technologies Private Limited, Multi Finance India Limited and 1 more | Director | 20 Aug 1996 | 30 Years 2 Months | Current |
| Rajinder Kumar Bansal | Director | 31 Dec 2009 | 16 Years 9 Months | Current |
Peer comparison
Recliners India Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jasmi Home Furnishings Private Limited | ₹119.68 Cr (FY 2025) | 19.0% | Vellore, Tamil Nadu, India | |||
| Recliners India Private Limitedthis company | ₹119.45 Cr (FY 2025) | ₹3.6 Cr | 3% | 7.0% | 157 | New Delhi, Delhi, India |
| Bonton Technomake Pvt Ltd | ₹117.52 Cr (FY 2024) | 45.0% | Indore, Madhya Pradesh, India | |||
| Excel Industrial Packagings Private Limited | ₹117.46 Cr (FY 2025) | 53.0% | Chennai, Tamil Nadu, India | |||
| Bonito Designs Private Limited | ₹115.48 Cr (FY 2025) | -26.0% | Bengaluru, Karnataka, India |
To see the full peer comparison of Recliners India Private Limited, buy the company report.
Auditor
Recliners India Private Limited is audited by K. KAUSHAL & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K. KAUSHAL & ASSOCIATES | FY 2023 | 011891N |
Shareholding
The shareholding of Recliners India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Recliners India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹76.98 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2023 | 100830117 | Hdfc Bank Limited | ₹22.51 Lakh | Open | |
| 23 Aug 2022 | 100603888 | Canara Bank | ₹11.78 Lakh | Open | |
| 31 May 2022 | 100578517 | Others | ₹3 Cr | Open | |
| 29 Nov 2021 | 100513821 | Others | ₹1.12 Cr | Open | |
| 24 Jun 2021 | 100463396 | Others | ₹4.53 Cr | Open |
To see the full charge records of Recliners India Private Limited, buy the company report.
Total charge records: 12 View all charges
Deals & funding
Recliners India Private Limited has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.49 Cr; the latest was in August 2022.
Total deals
5
Funding rounds
3
Rights issue
1
Secondary share transfer
1
Disclosed funding
₹1.49 Cr
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2022 | Rights issue | ₹81 Lakh | Investors: 4 individuals |
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2012 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| Mar 2011 | Funding round | ₹50 Lakh | Investors: 4 individuals |
| Mar 2010 | Funding round | ₹48.5 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Recliners India Private Limited has 11 court cases on record: 5 filed by Recliners India, 6 filed against it. 1 case is pending and 10 are disposed.
Total cases
11
Filed by the company
5
Filed against the company
6
Pending
1
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 1 |
| District courts | 4 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, UTTARAKHAND | Court case (AO) | Filed against the company by Harishakti Float Glasses Pvt Ltd Vneet Bhagat, ,Susheel Kumar and 3 others | Pending |
| High Court, UTTARAKHAND | Court case (AO) | Filed by the company against Harishakti Float Glasses Pvt. Ltd. and 7 others | Disposed |
| High Court, UTTARAKHAND | Arbitration matter | Filed by the company against Harishakti Float Glasses Pvt. Ltd. and 7 others | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -7, Delhi | Disposed |
| High Court of Delhi | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-7, Delhi | Disposed |
To see the full case history of Recliners India Private 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.
Credit ratings & regulatory alerts
Recliners India Private Limited was last rated by Care on 23 Mar 2023.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Mar 2023 |
To see the full credit ratings and regulatory alerts of Recliners India Private Limited, buy the company report.
MSME payment delays
Recliners India Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 205 overdue payments to 26 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Karamat Tanning Industries | |||
| an individual supplier | |||
| Ashine Group Private Limited | |||
| Zaibunco Industries Private Limited | |||
| Unique Speditorer Private Limited |
To see the full MSME payment records of Recliners India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Recliners India Private Limited has a workforce of 157 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
Employee count
157
Active EPFO establishments
2
Employee growth
19.85%
GST
Recliners India has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
7
Active
6
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCR6505R1ZX | Delhi | Active | 01 Jul 2017 |
| 05AABCR6505R1Z1 | Uttarakhand | Active | 01 Jul 2017 |
| 27AABCR6505R1ZV | Maharashtra | Active | 01 Jul 2017 |
| 29AABCR6505R1ZR | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Recliners India Private Limited, buy the company report.
Recent activity
Recliners India Private Limited has 5 board changes on record since 1996: 2 appointments and 3 cessations. The latest: Akhil Bansal ceased to be Whole-Time Director on 16 Mar 2020.
AGM
Recliners India Private Limited last Annual general meeting of members was held on 24 Sep 2025 as per latest MCA records.
Filing
Recliners India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Canara Bank of Rs. 61.36 Cr registered on 09 Mar 2010 with Charge ID 10217527 was modified on 20 Aug 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.23 Cr with Charge ID 100830117 was registered on 31 Oct 2023.
Charges
A charge with Canara Bank amounted to Rs. 0.12 Cr with Charge ID 100603888 was registered on 23 Aug 2022.
Charges
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 100578517 was registered on 31 May 2022.
Charges
A charge with Others amounted to Rs. 1.12 Cr with Charge ID 100513821 was registered on 29 Nov 2021.
Charges
A charge with Others amounted to Rs. 4.53 Cr with Charge ID 100463396 was registered on 24 Jun 2021.
Ceased
Akhil Bansal ceased to be Whole-Time Director.
Charges
A charge with Canara Bank amounted to Rs. 0.10 Cr with Charge ID 100149146 was registered on 27 Dec 2017.
Charges
A charge with Canara Bank of Rs. 4.00 Cr registered on 02 Aug 2011 with Charge ID 10305363 was modified on 12 Jun 2013.
Charges
A charge with Canara Bank amounted to Rs. 4.00 Cr with Charge ID 10305363 was registered on 02 Aug 2011.
11 earlier events are in the company report.
News
Frequently asked questions
Recliners India is an active private limited company based in New Delhi, Delhi, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 August 1996 (30+ years old) and is registered under CIN U18101DL1996PTC081265.
Recliners India has 2 current directors:
- Akhil Bansal - Director
- Rajinder Kumar Bansal - Director
The latest financial statements of Recliners India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Recliners India is 07AABCR6505R1ZX, registered in Delhi. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 05AABCR6505R1Z1 (Uttarakhand), 27AABCR6505R1ZV (Maharashtra), 29AABCR6505R1ZR (Karnataka).
The CIN (Corporate Identification Number) of Recliners India is U18101DL1996PTC081265. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Recliners India has 11 court cases on record: 5 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Recliners India was incorporated on 20 August 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Recliners India has 5 deals on record (3 funding rounds, 1 rights issue, 1 secondary share transfer), with disclosed funding of ₹1.49 Cr; the latest was in August 2022.
The peers of Recliners India by revenue are Jasmi Home Furnishings Private Limited, Bonton Technomake Pvt Ltd, Excel Industrial Packagings Private Limited, Bonito Designs Private Limited, all in the Consumer Durables industry (Furniture), with the same principal business activity (wood and wood products, furniture, paper and paper products).
Akhil Bansal ceased to be Whole-Time Director on 16 Mar 2020. Neeraj Bansal ceased to be Director on 31 Dec 2009. Rajinder Kumar Bansal was appointed as Director on 31 Dec 2009. Recliners India has 5 board changes on record in total.
Yes, Recliners India is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-08-0004477).
Recliners India has 11 MSME Form 1 returns on record between 2019 and 2023, listing 205 overdue payments to 26 micro and small suppliers. The latest return was filed on 31 Aug 2023.