About Remi Sales and Engineering Limited
Data last updated:
Remi Sales and Engineering Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 07 March 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31100MH1980PLC022314. Its GSTIN is 27AAACR0421M1ZJ (Maharashtra). The company holds 17 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹57.02 Lakh. It was formerly known as Balaji Sales and Engineering Limited. It is led by directors including Ritvik Saraf (Whole-Time Director) and Anita Vinod Bhartiya.
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.11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹179.9 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹9.35 Cr (net margin 5.2%) and EBITDA of ₹12.52 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 182 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: REMI and Rajendra Electric Motor Industries. As per MCA filings, the company has satisfied charges of ₹10.8 Cr on record. Court records list 135 cases involving the company, including 95 filed by the company and 18 filed against it; 39 cases are pending. The company has 3 deals on record (2 market trades, 1 funding round), with disclosed funding of ₹3.9 Cr; the latest was in August 2020. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Wind Power) are compared by revenue, 5 larger and 5 smaller; the largest is Coromandel Agro Products and Oils Limited with revenue of ₹183.51 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 254 overdue payments to 5 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website remigroup.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.11 Cama Industrial Estate Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryEnvironment, Wind Energy Solutions
- 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 Remi Sales and Engineering Limited
The main business activity of Remi Sales and Engineering is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Remi Sales and Engineering Limited FY 2025 filings available
Remi Sales and Engineering Limited reported revenue of ₹179.9 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Remi Sales and Engineering Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 8% growth in the latest year. EBITDA fell 2% 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 Remi Sales and Engineering 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 | ₹12.52 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.35 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 of Remi Sales and Engineering Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Remi Sales and Engineering 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.
Peer Comparison of Remi Sales and Engineering Limited
Remi Sales and Engineering Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coromandel Agro Products and Oils Limited Listed | ₹183.51 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Chirala, Andhra Pradesh, India |
| Smmarains Advances Gearboxs India Private Limited | ₹182.36 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Nagercoil, Tamil Nadu, India |
| Torrent Solargen Limited | ₹182.17 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Devarahipparigi Wind Power Private Limited | ₹180.3 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bangalore, Karnataka, India |
| Nupower Renewables Private Limited | ₹180.07 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Remi Sales and Engineering Limited this company | ₹179.9 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| P B M Polytex Limited Listed | ₹178.2 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Petlad, Gujarat, India |
| Resurgent Mining Solutions Private Limited | ₹177.37 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Pima Controls Pvt Ltd | ₹177.34 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Avikiran Surya India Private Limited | ₹176.32 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurugram, Haryana, India |
| Selwel Enterprises Private Limited | ₹176.09 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Aurangabad, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Remi Sales and Engineering by revenue in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Wind Power), 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 Remi Sales and Engineering Limited
Remi Sales and Engineering Limited is audited by Yatin Kumar Shah for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Yatin Kumar Shah | 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.
Board of Directors of Remi Sales and Engineering Limited
Remi Sales and Engineering has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anita Vinod Bhartiya Also directs: Remi Elektrotechnik Limited, Lavi Impex Private Limited | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
| Vishwambhar Chiranjilal Saraf Also directs: Remi Edelstahl Tubulars Limited, Remi Process Plant and Machinery Limited, Aura Realfinvest Private Limited and 1 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Vinod Chiranjilal Jalan | Director | 11 Aug 2021 | 5 Years 2 Months | Current |
| Bhagirath Singh | Director | 01 Jul 2022 | 4 Years 3 Months | Current |
| Ritvik Saraf Also directs: Remi Finance and Investment Private Limited, Remi Fans Limited, Remi Securities Limited and 4 more | Whole-Time Director | 01 Dec 2021 | 4 Years 10 Months | Current |
Ownership and Shareholding of Remi Sales and Engineering 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 Remi Sales and Engineering Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jul 1999 | State Bank of India | ₹8.4 Cr | Satisfied |
| 30 Jul 1999 | State Bank of India | ₹1.05 Cr | Satisfied |
| 30 Jul 1999 | State Bank of India | ₹1.05 Cr | Satisfied |
| 08 Aug 1990 | State Bank of India | ₹20 Lakh | Satisfied |
| 24 Mar 1988 | State Bank of India | ₹10 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Remi Sales and Engineering Limited
Remi Sales and Engineering Limited has 3 deals on record (2 market trades, 1 funding round), with disclosed funding of ₹3.9 Cr; the latest was in August 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Market trade | ₹23.8 Lakh | Buyer: Hanuman Freight & Carriers Pvt. Ltd. , Hanuman Forging & Engineering Pvt Ltd , 2 individuals Seller: Bhairav Enterprises Ltd , Rishabh Enterprises Ltd |
| Sep 2013 | Market trade | ₹2.9 Lakh | Buyer: K K Fincorp Limited , Bajrang Finance Limited Seller: Remi Securities Limited |
| Mar 2012 | Funding round | ₹3.9 Cr | Investors: Sthavishtha Mercantiles Private Limited , Rotomac Vinimay Pvt Ltd , Singrodia Bros Holding Private Limited |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Remi Sales and Engineering Limited
Remi Sales and Engineering Limited has 135 court cases on record: 95 filed by Remi Sales and Engineering, 18 filed against it, 22 where it is another party. 39 cases are pending and 96 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 90 | 6 | 31 |
| High courts | 45 | 12 | 8 |
Cases on record (5 of 135)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai Small Causes Court, Maharashtra | Court case (Exe Appln) | Filed by the company against Viper Hospitality LLP | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Kish Engineering P Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Godrej and Boyce Manufacturing Company Limited | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Godrej and Boyce Manufacturing Company Limited | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by V Guard Industries Limited | Disposed |
Full case history
All 135 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.
MSME Payment Delays by Remi Sales and Engineering Limited
Remi Sales and Engineering Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 254 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Yash Fans & Appliances Limited | •••• | •••• | •••• |
| Remi Udyog | •••• | •••• | •••• |
| Remi Fans Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Yash Fans Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Remi Sales and Engineering Limited
Remi Sales and Engineering operates two associated brands: REMI and Rajendra Electric Motor Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Blood bank and laboratory equipment are manufactured by REMI. | remilabworld.com | |
| Remi Group | remigroup.com |
Employees and EPFO Compliance at Remi Sales and Engineering Limited
Remi Sales and Engineering Limited has a workforce of 182 employees as of Mar 23, 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.
CIN History of Remi Sales and Engineering Limited
Remi Sales and Engineering has one previous CIN (Corporate Identification Number): L31100MH1980PLC022314. The current CIN is U31100MH1980PLC022314, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100MH1980PLC022314 | Current |
| L31100MH1980PLC022314 | Previous |
Recent Activity on Remi Sales and Engineering Limited
Remi Sales and Engineering Limited has 6 board changes on record since 2021: 5 appointments and 1 cessation. The latest: Vishwambhar Chiranjilal Saraf was appointed as Director on 01 Oct 2024.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Remi Sales and Engineering 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.
Subsidiaries & Group Companies of Remi Sales and Engineering 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 Remi Sales and Engineering Limited
Remi Sales and Engineering has 17 GST registrations: 14 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACR0421M1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 27AAACR0421M2ZI | Maharashtra | Active | 20 Mar 2025 |
| 07AAACR0421M1ZL | Delhi | Active | 01 Jul 2017 |
| 09AAACR0421M1ZH | Uttar Pradesh | 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 Remi Sales and Engineering 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 Remi Sales and Engineering Limited
Remi Sales and Engineering is an active public limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 07 March 1980 (46+ years old) and is registered under CIN U31100MH1980PLC022314.
Remi Sales and Engineering reported revenue of ₹179.9 Cr for FY 2025 (up 8% YoY).
Remi Sales and Engineering has 5 current directors:
- Ritvik Saraf - Whole-Time Director
- Anita Vinod Bhartiya - Director
- Vishwambhar Chiranjilal Saraf - Director
- Vinod Chiranjilal Jalan - Director
- Bhagirath Singh - Director
Remi Sales and Engineering reported a net profit of ₹9.35 Cr (net margin 5.2%) and EBITDA of ₹12.52 Cr (EBITDA margin 7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Remi Sales and Engineering is 6% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Remi Sales and Engineering is 27AAACR0421M1ZJ, registered in Maharashtra. The company has 17 GST registrations in all, of which 14 are active and 3 are cancelled or inactive. Other active GSTINs include 27AAACR0421M2ZI (Maharashtra), 07AAACR0421M1ZL (Delhi), 09AAACR0421M1ZH (Uttar Pradesh).
The CIN (Corporate Identification Number) of Remi Sales and Engineering is U31100MH1980PLC022314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Remi Sales and Engineering has 135 court cases on record: 95 filed by the company and 18 filed against it. 39 are pending. Most are in the district courts.
Remi Sales and Engineering was incorporated on 07 March 1980, making it 46+ years old. It is registered with the Registrar of Companies, Mumbai.
Remi Sales and Engineering has 3 deals on record (2 market trades, 1 funding round), with disclosed funding of ₹3.9 Cr; the latest was in August 2020.
The peers of Remi Sales and Engineering by revenue are Coromandel Agro Products and Oils Limited, Smmarains Advances Gearboxs India Private Limited, Torrent Solargen Limited, Devarahipparigi Wind Power Private Limited, Nupower Renewables Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Retail and Distribution, Wind Power).
Vishwambhar Chiranjilal Saraf was appointed as Director on 01 Oct 2024. Anita Vinod Bhartiya was appointed as Director on 30 Sep 2024. Mahabir Jawalaprasad Sharma ceased to be Director on 30 Sep 2024. Remi Sales and Engineering has 6 board changes on record in total.