
About Rhi Clasil Private Limited
Data last updated:
Rhi Clasil Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Vrd Americas B.V., Netherlands. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials segment of the manufacturing sector. It was incorporated on 07 December 2005.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U26914MH2005PTC311526. Its GSTIN is 37AAFCA4819H1ZN (Andhra Pradesh). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹18.4 Cr and a paid-up capital of ₹18.4 Cr. It was formerly known as Rhi Clasil Limited and Clasil Refractories Private Limited. It was led by directors including Venkata Raju Rudraraju (Managing Director) and Rudraraju Suryanarayana Raju Venkata (Whole-Time Director).
Its last annual general meeting (AGM) was held on 12 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 301 – 302 Orbit Plaza New Prabhadevi Road Prabhadevi, Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2020, the company reported a revenue of ₹290.01 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹18.4 Cr (net margin 6.3%) and EBITDA of ₹38 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company was associated with 1 brand: Rhi Ag. As per MCA filings, the company had satisfied charges of ₹14 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in December 2006.
The last known website on record is rhi-ag.com.
Company details
Name history
Rhi Clasil has undergone 2 name changes throughout its history. The company was previously known as Rhi Clasil Limited, and Clasil Refractories Private Limited. The current legal name is Rhi Clasil Private Limited.
| Company Name | Status |
|---|---|
| Rhi Clasil Private Limited | Current |
| Rhi Clasil Limited | Previous |
| Clasil Refractories Private Limited | Previous |
CIN history
Rhi Clasil has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U26914MH2005PTC311526, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26914MH2005PTC311526 | Current |
| U26914TG2005PLC048333 | Previous |
| U26914TG2005PTC048333 | Previous |
| U26914AP2005PLC048333 | Previous |
Contact details
Rhi Clasil Private Limited's registered office is in Mumbai, Maharashtra. Its website is rhi-ag.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address301 – 302 Orbit Plaza New Prabhadevi Road Prabhadevi, Mumbai, Maharashtra, India – 400025
- IndustryManufacturing, Construction Materials
To see the full contact details of Rhi Clasil 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
Brands
Rhi Clasil operates one associated brand: RHI AG. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Refractory products are supplied for steel, cement, and glass industries. | rhi-ag.com |
Business activity
The main business activity of Rhi Clasil 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 Rhi Clasil Private Limited, buy the company report.
Financials of Rhi Clasil Private Limited
FY 2020 filings availableRhi Clasil Private Limited reported revenue of ₹290.01 Cr (up 5% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over three years, including 5% growth in the latest year. EBITDA rose 13% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹290.01 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.4 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 6.3% | ||||
| 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 Rhi Clasil Private Limited, buy the company report.
Board of directors and KMP of Rhi Clasil Private Limited
Rhi Clasil Private Limited currently reports 4 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Erwin Jankovits Also directs: Rhim Khemka Minpro Private Limited | Director | 25 Jan 2019 | 7 Years 9 Months | As last reported |
| Rudraraju Suryanarayana Raju Venkata Also directs: Dindi Resorts Private Limited, Dindi Holidays Private Limited, Hybiscus Hotels Private Limited and 3 more | Whole-Time Director | 19 Aug 2014 | 12 Years 2 Months | As last reported |
| Venkata Raju Rudraraju Also directs: JRV Properties LLP, Rath Avanee Private Limited, Dindi Resorts Private Limited and 3 more | Managing Director | 07 Dec 2005 | 20 Years 11 Months | As last reported |
| George Mathew | Director | 27 Dec 2006 | 19 Years 10 Months | As last reported |
| Rudraraju Rama Raju Venkata | Cfo | 01 Apr 2014 | 12 Years 7 Months | As last reported |
Auditor
Rhi Clasil Private Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2020 | 012754N/N500016 |
Shareholding
The shareholding of Rhi Clasil Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Rhi Clasil Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Jul 2006 | 10014442 | State Bank of India | ₹14 Cr | Satisfied |
To see the full charge records of Rhi Clasil Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Rhi Clasil Private Limited has 1 deal on record (1 acquisition); the latest was in December 2006.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2006 | Acquisition | Undisclosed | Buyer: RHI AG |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rhi Clasil Private Limited has 1 court case on record: 1 filed by Rhi Clasil. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Union of India | Pending |
To see the full case history of Rhi Clasil 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 Rhi Clasil Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Rhi Clasil has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAFCA4819H1ZN | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rhi Clasil Private Limited, buy the company report.
Recent activity
Rhi Clasil Private Limited has 16 board changes on record since 2005: 5 appointments and 11 cessations. The latest: Erwin Jankovits ceased to be Additional Director on 30 Sep 2019.
10 earlier events are in the company report.
Frequently asked questions
Rhi Clasil has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Rhi Clasil was a private limited company based in Mumbai, Maharashtra, India. The company worked in construction materials, within the manufacturing industry. It was incorporated on 07 December 2005 and is registered under CIN U26914MH2005PTC311526. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rhi Clasil was incorporated on 07 December 2005. It is registered with the Registrar of Companies, Mumbai.
Rhi Clasil had 5 directors and KMP:
- Venkata Raju Rudraraju - Managing Director
- Rudraraju Suryanarayana Raju Venkata - Whole-Time Director
- Erwin Jankovits - Director
- George Mathew - Director
- Rudraraju Rama Raju Venkata - Cfo
The CIN (Corporate Identification Number) of Rhi Clasil is U26914MH2005PTC311526. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Rhi Clasil is at 301 – 302 Orbit Plaza New Prabhadevi Road Prabhadevi, Mumbai, Maharashtra, India – 400025.
Rhi Clasil can be reached through the website rhi-ag.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Rhi Clasil on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 12 August 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Rhi Clasil is 37AAFCA4819H1ZN, registered in Andhra Pradesh. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Rhi Clasil operated in the manufacturing industry, in the construction materials segment.

