About R F B Latex Limited
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R F B Latex Limited is a public limited company based in New Delhi, Delhi, India. It operates in the medical consumables and supplies segment of the healthcare sector. It was incorporated on 17 February 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PLC035091. Its GSTIN is 09AAACR0195C1ZN (Uttar Pradesh).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as R F B Latex Private Limited. It is led by directors including Prabhdeep Ratra (Managing Director) and Kamaldeep Singh Ratra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at K 185 Surya Plazasarai Julenna, New Delhi, Delhi, India – 110025.
As per the financials filed for FY 2022, the company reported a revenue of ₹79.07 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹7.35 Cr (net margin 9.3%) and EBITDA of ₹11.9 Cr (EBITDA margin 15.1%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 17% over five years.
The company has about 83 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RFB Latex. As per MCA filings, the company has open charges of ₹79 Lakh and satisfied charges of ₹47.06 Cr on record. Court records list 74 cases involving the company, including 16 filed by the company and 58 filed against it; 12 cases are pending. The company has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 5 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 rfblatex.com.
Company details
Contact details
R F B Latex Limited's registered office is in New Delhi, Delhi. Its website is rfblatex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressK 185 Surya Plazasarai Julenna, New Delhi, Delhi, India – 110025
- IndustryHealthcare, Medical Consumables & Supplies
To see the full contact details of R F B Latex 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
Brands
R F B Latex operates one associated brand: RFB Latex. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Glove manufacturing for medical, industrial, food, and household uses in India. | rfblatex.com |
Business activity
The main business activity of R F B Latex is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of R F B Latex Limited, buy the company report.
Financials of R F B Latex Limited
FY 2023 filings availableR F B Latex Limited reported revenue of ₹79.07 Cr (down 24% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 49% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹79.07 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.35 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.1% | ||||
| Net Profit Margin | 9.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of R F B Latex Limited, buy the company report.
Board of directors of R F B Latex Limited
R F B Latex has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Ratra | Additional Director | 04 May 2018 | 8 Years 5 Months | Current |
| Prabhdeep Ratra Also directs: R F B Healthcare Private Limited | Managing Director | 17 Feb 1989 | 37 Years 8 Months | Current |
| Kamaldeep Singh Ratra Also directs: R F B Healthcare Private Limited | Whole-Time Director | 17 Feb 1989 | 37 Years 8 Months | Current |
Auditor
R F B Latex Limited is audited by BMGS & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BMGS & Associates | FY 2022 | 026886N |
Shareholding
The shareholding of R F B Latex 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of R F B Latex Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2024 | 100996164 | Others | ₹79 Lakh | Open | |
| 28 Dec 2022 | 100670395 | Others | ₹15 Cr | Satisfied | |
| 08 Nov 2004 | 90055955 | Canra Bank | ₹50 Lakh | Satisfied | |
| 30 Jan 1997 | 80019808 | Industrial Development Bank of India | ₹5 Cr | Satisfied | |
| 21 Sep 1995 | 80019958 | Others | ₹26.56 Cr | Satisfied |
To see the full charge records of R F B Latex Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
R F B Latex Limited has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2021.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: DCM Financial Services Limited , 3 individuals |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: AVR Insvestment Advisors LLP, 3 individuals Seller: Punj Llyod Limited, an individual |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Heaven Petrochem LLP |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Heaven Petrochem LLP Seller: 2 individuals |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Ratra Fab Bells Private Limited, Minrock Insulations Co Private Limited, All Steels Private Limited |
To see the full deal history of R F B Latex Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
R F B Latex Limited has 74 court cases on record: 16 filed by R F B Latex, 58 filed against it. 12 cases are pending and 62 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 51 | 48 | 10 |
| High courts | 22 | 9 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 74)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Execution petition | Filed against the company by Krion Industries Pvt Ltd | Pending |
| District court, South East, Delhi | Criminal case | Filed against the company by Proven Health Solutions Pvt Ltd | Pending |
| District court, South East, Delhi | Execution petition | Filed against the company by Krion Industries Pvt. Ltd. | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by Alcatec Research Laboratories India Pvt Ltd | Disposed |
| District court, West, Delhi | Commercial suit | Filed against the company by Alcatec Research Laboratories India Pvt Ltd | Disposed |
To see the full case history of R F B Latex 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
R F B Latex Limited has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 5 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 |
|---|---|---|---|
| Stable Packaging Private Limited | |||
| Azsfa Packagings | |||
| Ganpati Overseas | |||
| Rollwrap Packaging | |||
| Inspackt Packaging Private Limited |
To see the full MSME payment records of R F B Latex Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
R F B Latex Limited has a workforce of 83 employees on its EPFO records as of Oct 18, 2024, across 1 active EPFO establishment.
GST
R F B Latex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACR0195C1ZN | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of R F B Latex Limited, buy the company report.
Recent activity
R F B Latex Limited has 5 board changes on record since 1989: 3 appointments and 2 cessations. The latest: Vimal Kumar Lahoti ceased to be Additional Director on 12 Aug 2019.
6 earlier events are in the company report.
Frequently asked questions
R F B Latex is an active public limited company based in New Delhi, Delhi, India. The company works in medical consumables and supplies, within the healthcare industry. It was incorporated on 17 February 1989 (37+ years old) and is registered under CIN U74899DL1989PLC035091.
R F B Latex has 3 current directors:
- Prabhdeep Ratra - Managing Director
- Kamaldeep Singh Ratra - Whole-Time Director
- Neelam Ratra - Additional Director
The latest financial statements of R F B Latex on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of R F B Latex is 09AAACR0195C1ZN, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of R F B Latex is U74899DL1989PLC035091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
R F B Latex has 74 court cases on record: 16 filed by the company and 58 filed against it. 12 are pending. Most are in the district courts.
R F B Latex was incorporated on 17 February 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
R F B Latex has 8 deals on record (7 secondary share transfers, 1 rights issue); the latest was in March 2021.
Vimal Kumar Lahoti ceased to be Additional Director on 12 Aug 2019. Neelam Ratra was appointed as Additional Director on 04 May 2018. Paramjit Singh Kochar ceased to be Director on 04 May 2018. R F B Latex has 5 board changes on record in total.
R F B Latex has 1 MSME Form 1 return on record for the period ending Mar 2022, listing 5 overdue payments to 5 micro and small suppliers. The latest return was filed on 25 May 2022.
R F B Latex can be reached through the website rfblatex.com. Its registered office is in New Delhi, Delhi, India.