Reep Industries Private Limited

Reep Industries Private Limited - automotive in Kanchipuram, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U32201TN1997PTC037428 Incorporated 31 January 1997 ROC Chennai HQ Kanchipuram, Tamil Nadu, India
Active Private Limited Company automotive MSME · Medium
Data last updated
Revenue · FY 2025
₹19.36 Cr
▼ 71% YoY
Net loss · FY 2025
₹1.79 Cr
Net margin -9.2%
EBITDA · FY 2025
₹2.64 Cr
EBITDA margin 13.7%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹230.05 Cr
Satisfied ₹20 Lakh
Company age
29 yrs
Est. 1997
Employees · EPFO
3
Provident fund records

About Reep Industries Private Limited

Data last updated:

Reep Industries Private Limited is a private limited company based in Kanchipuram, Tamil Nadu, India. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 31 January 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U32201TN1997PTC037428. Its GSTIN is 33AABCR3813N1ZD (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Delta Switchgears Private Limited. It is led by directors including Durairaj Xavier (Whole-Time Director) and Medabalimi Showreelu Medabalimi Showreelu (Whole-Time Director).

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 A1F4 Industrial Estate Maraimalai Nagar 603209 Kanchipuram Dist, Tamil Nadu, India – 603209.

As per the financials filed for FY 2025, the company reported a revenue of ₹19.36 Cr, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹1.79 Cr (net margin -9.2%) and EBITDA of ₹2.64 Cr (EBITDA margin 13.7%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 21% over five years.

The company has about 3 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: REEP Motors. As per MCA filings, the company has open charges of ₹230.05 Cr and satisfied charges of ₹20 Lakh on record. Court records list 18 cases involving the company, including 4 filed by the company and 14 filed against it; 7 cases are pending.

Reep Industries Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-08-0001078). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reepmotors.com.

Company details

CIN U32201TN1997PTC037428
Registration Number 037428
Incorporation Date 31 January 1997
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-TN-08-0001078
Key People
Durairaj Xavier Whole-Time Director Medabalimi Showreelu Medabalimi Showreelu Whole-Time Director Chandra Priya Whole-Time Director

Recognitions & Rankings of Reep Industries

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-TN-08-0001078

Contact details

Reep Industries Private Limited's registered office is in Kanchipuram, Tamil Nadu. Its website is reepmotors.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    reepmotors.com
  • Social Media
  • Registered Address
    A1F4 Industrial Estate Maraimalai Nagar 603209 Kanchipuram Dist, Tamil Nadu, India – 603209
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Reep Industries Private Limited, buy the company report.

Comprehensive company report
Reep Industries 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

Reep Industries operates one associated brand: REEP Motors. Each brand links to its own profile.

BrandDescriptionWebsite
REEP Motors
Develops a range of multi-category electric commercial vehicles.reepmotors.com

Business activity

The main business activity of Reep Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Reep Industries Private Limited, buy the company report.

Financials of Reep Industries Private Limited

FY 2024 filings available

Reep Industries Private Limited reported revenue of ₹19.36 Cr (down 71% YoY) for FY 2025.

Revenue · FY 2025
₹19.36 Cr ▼ 71%
Net loss · FY 2025
₹1.79 Cr margin -9.2%
EBITDA · FY 2025
₹2.64 Cr margin 13.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 71%
3 years · compounded
▼ 29%
5 years · compounded
▼ 21%
EBITDA CAGR growth
1 year
▲ 128%
3 years · compounded
▼ 21%
5 years · compounded
▼ 25%

Revenue has declined at a compounded annual rate (CAGR) of 21% over five years, including a 71% fall in the latest year. EBITDA rose 128% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹2.64 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.79 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin13.7%
Net Profit Margin-9.2%
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 Reep Industries Private Limited, buy the company report.

Board of directors of Reep Industries Private Limited

Reep Industries has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajesh Xavier Durairaj
Also directs: Nireta Brands LLP, Reep Electricx Motors Private Limited, Lei Powergear Private Limited and 3 more
Additional Director05 Sep 201610 Years 2 MonthsCurrent
Durairaj Xavier
Also directs: Nireta Brands LLP, Gilt Sterling Private Limited, P C Exports Private Limited and 5 more
Whole-Time Director31 Jan 199729 Years 9 MonthsCurrent
Medabalimi Showreelu Medabalimi Showreelu
Also directs: Gilt Sterling Private Limited, Hercules Logistics Private Limited
Whole-Time Director31 Jan 200719 Years 9 MonthsCurrent
Chandra PriyaWhole-Time Director05 Sep 201610 Years 2 MonthsCurrent
Srinivasa Venu Uppuluri
Also directs: Powergear Sustainability Private Limited
Whole-Time Director22 Aug 20233 Years 2 MonthsCurrent
View all directors

Auditor

Reep Industries Private Limited is audited by MADHUKAAR & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MADHUKAAR & ASSOCIATESFY 2023012339S

Shareholding

The shareholding of Reep Industries 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Reep Industries Private Limited, buy the company report.

Charges & borrowings

Open charges
₹230.05 Cr
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
State Bank of India₹138.76 Cr
Canara Bank₹91.29 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Nov 2025101183583Canara Bank₹21.65 CrOpen
29 Mar 2023100706037Canara Bank₹29 LakhOpen
14 Feb 2022100546394State Bank of India₹138.76 CrOpen
27 Apr 199490286846Canara Bank₹69.35 CrOpen
31 May 2016100034692Canara Bank₹20 LakhSatisfied

To see the full charge records of Reep Industries Private Limited, buy the company report.

Total charge records: 5 View all charges

Credit ratings & regulatory alerts

Reep Industries Private Limited was last rated by Crisil on 25 Feb 2020.

Rating agencyRated onRating
Crisil25 Feb 2020

To see the full credit ratings and regulatory alerts of Reep Industries Private Limited, buy the company report.

MSME payment delays

Reep Industries Private Limited has 42 MSME Form 1 returns on record between 2013 and 2024, listing 2,657 overdue payments to 246 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 246)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
Simpson and Company Limited
Prakant Electronics Private Limited

To see the full MSME payment records of Reep Industries Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Reep Industries has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

Employees & EPFO

Reep Industries Private Limited has a workforce of 3 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
3
Active EPFO establishments
1
Employee growth
-62.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-273
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Reep Industries Private Limited, buy the company report.

GST

Reep Industries has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AABCR3813N1ZDTamil NaduActive01 Jul 2017
07AABCR3813N1Z8DelhiActive04 Aug 2023

To see the full GST registrations and return filing status of Reep Industries Private Limited, buy the company report.

Recent activity

Reep Industries Private Limited has 9 board changes on record since 1997: 5 appointments and 4 cessations. The latest: Srinivasa Venu Uppuluri ceased to be Additional Director on 29 Sep 2023.

Charges
A charge with Canara Bank amounted to Rs. 21.65 Cr with Charge ID 101183583 was registered on 14 Nov 2025.
Charges
A charge with State Bank Of India of Rs. 138.76 Cr registered on 14 Feb 2022 with Charge ID 100546394 was modified on 28 Feb 2025.
AGM
Reep Industries Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Reep Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Srinivasa Venu Uppuluri ceased to be Additional Director.
Appointed
Srinivasa Venu Uppuluri was appointed as Whole-Time Director.
Charges
A charge with Canara Bank amounted to Rs. 0.29 Cr with Charge ID 100706037 was registered on 29 Mar 2023.
Charges
A charge with Canara Bank of Rs. 69.35 Cr registered on 27 Apr 1994 with Charge ID 90286846 was modified on 13 Dec 2022.
Charges
A charge with State Bank Of India amounted to Rs. 138.76 Cr with Charge ID 100546394 was registered on 14 Feb 2022.
Charges
A charge registered on 31 May 2016 via Charge ID 100034692 with Canara Bank was fully satisfied on 15 Nov 2021.
Ceased
Durairaj Xavier ceased to be Director.
Ceased
Medabalimi Showreelu Medabalimi Showreelu ceased to be Director.

8 earlier events are in the company report.

Frequently asked questions

Reep Industries is an active private limited company based in Kanchipuram, Tamil Nadu, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 31 January 1997 (29+ years old) and is registered under CIN U32201TN1997PTC037428.

Reep Industries has 5 current directors:

The latest financial statements of Reep 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 Reep Industries is 33AABCR3813N1ZD, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 07AABCR3813N1Z8 (Delhi).

The CIN (Corporate Identification Number) of Reep Industries is U32201TN1997PTC037428. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Reep Industries has 18 court cases on record: 4 filed by the company and 14 filed against it. 7 are pending. Most are in the district courts.

Reep Industries was incorporated on 31 January 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chennai.

Srinivasa Venu Uppuluri ceased to be Additional Director on 29 Sep 2023. Srinivasa Venu Uppuluri was appointed as Whole-Time Director on 22 Aug 2023. Durairaj Xavier ceased to be Director on 01 Mar 2021. Reep Industries has 9 board changes on record in total.

Yes, Reep Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-08-0001078).

Reep Industries has 42 MSME Form 1 returns on record between 2013 and 2024, listing 2,657 overdue payments to 246 micro and small suppliers. The latest return was filed on 25 Apr 2024.

Reep Industries can be reached through the website reepmotors.com. Its registered office is in Kanchipuram, Tamil Nadu, India.