RGC Industries Limited
About RGC Industries Limited
Data last updated:
RGC Industries Limited is a public limited company based in New Delhi, Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the designer and branded fashion segment of the fashion and textiles sector. It was incorporated on 29 March 1994.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1994PLC058146. Its GSTIN is 06AAACR3273R1ZX (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹54.01 Lakh. It is led by directors including Chiranjeev Singh Uppal (Whole-Time Director) and Gurpreet Singh Uppal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Uppal Farm Kh – 621 Green Meadows Opposite Mehra Farm Village Satbari, New Delhi, Delhi, India – 110074.
As per the financials filed for FY 2022, the company reported a revenue of ₹10.35 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹5.74 Lakh (net margin 55.4%) and EBITDA of ₹7.65 Lakh (EBITDA margin 73.9%). Revenue has declined at a compounded annual rate (CAGR) of 19% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹3.99 Cr on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it.
Company details
CIN history
RGC Industries has one previous CIN (Corporate Identification Number): L74899DL1994PLC058146. The current CIN is U74899DL1994PLC058146, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74899DL1994PLC058146 | Current |
| L74899DL1994PLC058146 | Previous |
Contact details
RGC Industries Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressUppal Farm Kh – 621 Green Meadows Opposite Mehra Farm Village Satbari, New Delhi, Delhi, India – 110074
- IndustryFashion and Textile, Designer & Branded Fashion
To see the full contact details of RGC Industries 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
Financials of RGC Industries Limited
FY 2022 filings availableRGC Industries Limited reported revenue of ₹10.35 Lakh (down 82% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 82% fall in the latest year. EBITDA fell 87% 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 | ₹10.35 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.65 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.74 Lakh | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 73.9% | ||||
| Net Profit Margin | 55.4% | ||||
| 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 RGC Industries Limited, buy the company report.
Board of directors of RGC Industries Limited
RGC Industries has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chiranjeev Singh Uppal | Whole-Time Director | 29 Mar 1994 | 32 Years 7 Months | As last reported |
| Gurpreet Singh Uppal | Whole-Time Director | 29 Mar 1994 | 32 Years 7 Months | As last reported |
| Ramnik Singh Uppal | Whole-Time Director | 29 Mar 1994 | 32 Years 7 Months | As last reported |
Auditor
RGC Industries Limited is audited by ASHWANI & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWANI & ASSOCIATES | FY 2021 | 000497N |
Shareholding
The shareholding of RGC Industries Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of RGC Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Nov 2011 | 10321413 | Canara Bank | ₹90 Lakh | Open | |
| 26 Aug 2006 | 10055066 | Canara Bank | ₹1.5 Cr | Open | |
| 18 Feb 1999 | 90047424 | Canara Bank | ₹5.5 Lakh | Open | |
| 09 Apr 1996 | 90046570 | Canara Bank | ₹10 Lakh | Open | |
| 07 Mar 1996 | 90046545 | Canara Bank | ₹3 Lakh | Open |
To see the full charge records of RGC Industries Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
RGC Industries Limited has 3 court cases on record: 1 filed by RGC Industries, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of RGC Industries 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 RGC Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RGC Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACR3273R1ZX | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of RGC Industries Limited, buy the company report.
Recent activity
RGC Industries Limited has 3 board changes on record since 1994: 3 appointments. The latest: Chiranjeev Singh Uppal was appointed as Whole-Time Director on 29 Mar 1994.
2 earlier events are in the company report.
Frequently asked questions
RGC Industries is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
RGC Industries is a company under liquidation, formerly operating as a public limited company based in New Delhi, Delhi, India. The company works in designer and branded fashion, within the fashion and textile industry. It was incorporated on 29 March 1994 and is registered under CIN U74899DL1994PLC058146. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
RGC Industries has 3 current directors:
- Chiranjeev Singh Uppal - Whole-Time Director
- Gurpreet Singh Uppal - Whole-Time Director
- Ramnik Singh Uppal - Whole-Time Director
The latest financial statements of RGC Industries on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 27 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of RGC Industries is U74899DL1994PLC058146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RGC Industries has open charges of ₹3.99 Cr and no satisfied charges on record as per latest MCA filings.
RGC Industries has 3 court cases on record: 1 filed by the company and 2 filed against it. Most are in the district courts.
RGC Industries was incorporated on 29 March 1994. It is registered with the Registrar of Companies, Delhi.
Chiranjeev Singh Uppal was appointed as Whole-Time Director on 29 Mar 1994. Gurpreet Singh Uppal was appointed as Whole-Time Director on 29 Mar 1994. Ramnik Singh Uppal was appointed as Whole-Time Director on 29 Mar 1994.
The registered office of RGC Industries is at Uppal Farm Kh – 621 Green Meadows Opposite Mehra Farm Village Satbari, New Delhi, Delhi, India – 110074.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
