About Reynolds Chemequip Private Limited
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Reynolds Chemequip Private Limited is a private limited company based in Dadar East, Maharashtra, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 02 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74210MH2001PTC131466. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.61 Cr. It is led by directors Satish Honnappa Asundi and Ravishankar Honnappa Asundi.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Dadar East, Maharashtra.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.65 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹1.03 Cr (net margin -62.8%) and EBITDA of -₹79.09 Lakh (EBITDA margin -48%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.02 Cr and satisfied charges of ₹13.84 Cr on record. Court records list 19 cases involving the company, including 2 filed by the company and 17 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website reynoldsindia.com.
Company details
CIN history
Reynolds Chemequip has one previous CIN (Corporate Identification Number): U74210MH2004PTC131466. The current CIN is U74210MH2001PTC131466, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74210MH2001PTC131466 | Current |
| U74210MH2004PTC131466 | Previous |
Contact details
Reynolds Chemequip Private Limited's registered office is in Dadar East, Maharashtra. Its website is reynoldsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address4th Floor 082 – F Multani Mansion Sneha Co – Operative Housing Society Ltd. Marathi Granth Sang, Rahalaya, Dadar East, Maharashtra, India – 400014
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Reynolds Chemequip Private Limited, buy the company report.
- 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
Business activity
The main business activity of Reynolds Chemequip is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Reynolds Chemequip Private Limited, buy the company report.
Financials of Reynolds Chemequip Private Limited
FY 2017 filings availableReynolds Chemequip Private Limited reported revenue of ₹1.65 Cr (up 14% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 14% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 38%. EBITDA fell 494% 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.65 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹79.09 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1.03 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -48% | ||
| Net Profit Margin | -62.8% | ||
| 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 Reynolds Chemequip Private Limited, buy the company report.
Board of directors of Reynolds Chemequip Private Limited
Reynolds Chemequip has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satish Honnappa Asundi Also directs: Reynolds Paper Mills Private Limited | Director | 07 Sep 2006 | 20 Years 2 Months | Current |
| Ravishankar Honnappa Asundi Also directs: Reynolds Paper Mills Private Limited | Director | 07 Sep 2006 | 20 Years 2 Months | Current |
Auditor
Reynolds Chemequip Private Limited is audited by SHARAT SHANBAG & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARAT SHANBAG & CO | FY 2017 | 109935W |
Shareholding
The shareholding of Reynolds Chemequip Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Reynolds Chemequip Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2010 | 10206558 | The Saraswat Co-Operative Bank Ltd | ₹10.41 Lakh | Open | |
| 01 Aug 2009 | 10173125 | The Saraswat Co-Operative Bank Ltd | ₹4.44 Cr | Open | |
| 31 Jul 2009 | 10169993 | Saraswat Co-Operative Bank Ltd | ₹5.42 Lakh | Open | |
| 28 Jul 2009 | 10169992 | Saraswat Co-Operative Bank Ltd | ₹11 Lakh | Open | |
| 07 Feb 2008 | 10087441 | The Saraswat Co-Operative Bank Ltd. | ₹5.31 Cr | Open |
To see the full charge records of Reynolds Chemequip Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
Reynolds Chemequip Private Limited has 19 court cases on record: 2 filed by Reynolds Chemequip, 17 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 11 | 0 |
| District courts | 7 | 6 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by Shah Brothers Ispat Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Shah Brothers Ispat Pvt. Ltd. | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed against the company by Polyhydron Systems Pvt. Ltd Rep by Rajendra Kumar So Parshwanath Balikai | Disposed |
| District court, BELAGAVI, Karnataka | Criminal complaint | Filed against the company by Polyhydron Systems Pvt Ltd Rep by Rajendrakumar So Parshwanath Balikai | Disposed |
| Bombay High Court | Court case (APL) | Filed against the company by Shah Brothers Ispat Pvt Ltd | Disposed |
To see the full case history of Reynolds Chemequip 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Reynolds Chemequip Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Reynolds Chemequip Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Reynolds Chemequip has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Reynolds Chemequip Private Limited, buy the company report.
Recent activity
Reynolds Chemequip Private Limited has 6 board changes on record since 2006: 2 appointments and 4 cessations. The latest: Hemanth Aradhya ceased to be Additional Director on 02 Aug 2017.
17 earlier events are in the company report.
Frequently asked questions
Reynolds Chemequip is an active private limited company based in Dadar East, Maharashtra, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 02 April 2001 (25+ years old) and is registered under CIN U74210MH2001PTC131466.
Reynolds Chemequip has 2 current directors:
- Satish Honnappa Asundi - Director
- Ravishankar Honnappa Asundi - Director
The latest financial statements of Reynolds Chemequip on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Reynolds Chemequip has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Reynolds Chemequip is U74210MH2001PTC131466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reynolds Chemequip has 19 court cases on record: 2 filed by the company and 17 filed against it. Most are in the high courts.
Reynolds Chemequip was incorporated on 02 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemanth Aradhya ceased to be Additional Director on 02 Aug 2017. Ravishankar Honnappa Asundi ceased to be Additional Director on 02 Aug 2017. Satish Honnappa Asundi ceased to be Additional Director on 02 Aug 2017. Reynolds Chemequip has 6 board changes on record in total.
Reynolds Chemequip can be reached through the website reynoldsindia.com. Its registered office is in Dadar East, Maharashtra, India.
The registered office of Reynolds Chemequip is at 4th Floor 082 – F Multani Mansion Sneha Co – Operative Housing Society Ltd. Marathi Granth Sang, Rahalaya, Dadar East, Maharashtra, India – 400014.
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