About RGTL Industries Limited
Data last updated:
RGTL Industries Limited is a public limited company based in Delhi, India, a subsidiary of Rathi Graphic Technologies Limited. 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 steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 10 November 2004.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U27109DL2004PLC130509. Its GSTIN is 08AACCR8792D4ZZ (Rajasthan). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹18.53 Cr. It was formerly known as Rathi Rajasthan Steel Mills Limited. It is led by directors including Saurabh Rathi (Managing Director) and Shilpi Agarwal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 24/1A Mohan Cooperative Industrial Estate Mathura Road, Delhi, India – 110044.
As per the financials filed for FY 2021, the company reported a revenue of ₹73.66 Lakh, a decline of 30% compared to the previous year. For the same year it recorded a net loss of ₹4.91 Cr and EBITDA of ₹14.26 Lakh (EBITDA margin 19.4%). Revenue has declined at a compounded annual rate (CAGR) of 86% over three years and 71% over five years.
As per MCA filings, the company has open charges of ₹167.45 Cr and satisfied charges of ₹35.29 Cr on record. Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 6 cases are pending. The company has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹67.02 Cr; the latest was in September 2016.
The last known website on record is rgtlindustries.com.
Company details
Contact details
RGTL Industries Limited's registered office is in Delhi, Delhi. Its website is rgtlindustries.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address24/1A Mohan Cooperative Industrial Estate Mathura Road, Delhi, India – 110044
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of RGTL 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 RGTL Industries Limited
FY 2021 filings availableRGTL Industries Limited reported revenue of ₹73.66 Lakh (down 30% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over five years, including a 30% fall in the latest year. EBITDA fell 3% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹73.66 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹14.26 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.91 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.4% | ||||
| Net Profit Margin | |||||
| 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 RGTL Industries Limited, buy the company report.
Board of directors of RGTL Industries Limited
RGTL Industries has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shilpi Agarwal | Director | 14 Feb 2017 | 9 Years 8 Months | As last reported |
| Nand Kishore Sharma | Director | 29 Dec 2016 | 9 Years 10 Months | As last reported |
| Saurabh Rathi Also directs: Alpha Stocks and Finservices Private Limited | Managing Director | 07 Jun 2006 | 20 Years 5 Months | As last reported |
| Adarsh Kumar Aggarwal | Director | 15 Jun 2015 | 11 Years 4 Months | As last reported |
Auditor
RGTL Industries Limited is audited by H P GOEL & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H P GOEL & CO | FY 2021 | 000749N |
Shareholding
The shareholding of RGTL 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 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of RGTL Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2013 | 10417559 | State Bank of India | ₹36.45 Cr | Open | |
| 11 Jul 2012 | 10367572 | Rajasthan State Industrial Development and Investment Corporation Ltd | ₹10 Cr | Open | |
| 21 May 2008 | 10109365 | State Bank of India | ₹121 Cr | Open | |
| 13 May 2014 | 10508014 | Bank of Maharashtra | ₹35 Cr | Satisfied | |
| 22 Apr 2014 | 10490317 | State Bank of Bikaner & Jaipur | ₹4.1 Lakh | Satisfied |
To see the full charge records of RGTL Industries Limited, buy the company report.
Total charge records: 9 View all charges
Deals & funding
RGTL Industries Limited has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹67.02 Cr; the latest was in September 2016.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Alpha Stocks and Finservices Private Limited Seller: Rathi Graphic Technologies Limited , 3 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Alpha Stocks and Finservices Private Limited Seller: Rathi Graphic Technologies Limited , 3 individuals |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Shrivijay Rajlaxmi India Limited , First Hi-Fin Limited , City Cable Telecommunication Private Lim Ited Seller: Alpha Stocks and Finservices Private Limited , Shark Packaging (I) Private Limited |
| Mar 2013 | Funding round | ₹19.73 Cr | Investors: Rathi Graphic Technologies Limited , Shark Packaging (I) Private Limited, Alpha Stocks and Finservices Private Limited |
| Mar 2012 | Funding round | ₹22.2 Cr | Investors: Alpha Stocks and Finservices Private Limited , Shark Packaging (I) Private Limited |
To see the full deal history of RGTL Industries 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
RGTL Industries Limited has 17 court cases on record: 9 filed by RGTL Industries, 8 filed against it. 6 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 4 | 3 |
| High courts | 7 | 4 | 3 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Revision petition | Filed by the company against M/S Oyster Constro Care Pvt Ltd and 1 other | Disposed |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against M/S Oyster Constro Care Pvt. Ltd. & Anr. | Disposed |
| District court, South East, Delhi | Execution petition | Filed by the company against M/S Abw Infrastructure Ltd | Disposed |
| High Court of Delhi | Appeal | Filed against the company by M/S Abw Infrastructure Ltd | Disposed |
| District court, South East, Delhi | Criminal case | Filed by the company against Ms Oyster Constro Care Pvt. Ltd. Ors. | Disposed |
To see the full case history of RGTL 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.
Credit ratings & regulatory alerts
RGTL Industries Limited was last rated by Icra on 22 Jun 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 22 Jun 2022 |
To see the full credit ratings and regulatory alerts of RGTL Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for RGTL Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
RGTL Industries has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AACCR8792D4ZZ | Rajasthan | Active | 03 Sep 2020 |
To see the full GST registrations and return filing status of RGTL Industries Limited, buy the company report.
Recent activity
RGTL Industries Limited has 15 board changes on record since 2006: 4 appointments and 11 cessations. The latest: Swati Jain ceased to be Company Secretary on 27 Apr 2019.
23 earlier events are in the company report.
Frequently asked questions
RGTL 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.
RGTL Industries is a company under liquidation, formerly operating as a public limited company based in Delhi, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 10 November 2004 and is registered under CIN U27109DL2004PLC130509. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
RGTL Industries has 4 current directors:
- Saurabh Rathi - Managing Director
- Shilpi Agarwal - Director
- Nand Kishore Sharma - Director
- Adarsh Kumar Aggarwal - Director
The latest financial statements of RGTL Industries on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of RGTL Industries is U27109DL2004PLC130509. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
RGTL Industries has open charges of ₹167.45 Cr and satisfied charges of ₹35.29 Cr as per latest MCA filings.
RGTL Industries has 17 court cases on record: 9 filed by the company and 8 filed against it. 6 are pending. Most are in the district courts.
RGTL Industries was incorporated on 10 November 2004. It is registered with the Registrar of Companies, Delhi.
RGTL Industries has 11 deals on record (6 funding rounds, 5 secondary share transfers), with disclosed funding of ₹67.02 Cr; the latest was in September 2016.
Swati Jain ceased to be Company Secretary on 27 Apr 2019. Nand Kishore Sharma ceased to be Additional Director on 28 Mar 2017. Shilpi Agarwal ceased to be Additional Director on 28 Mar 2017. RGTL Industries has 15 board changes on record in total.
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