About Rhi India Private Limited
Data last updated:
Rhi India Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Dutch Brasil Holdings 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 distribution segment of the metals and mining sector. It was incorporated on 15 June 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24119MH2007PTC171712. Its GSTIN is 27AADCR6670B1ZG (Maharashtra). The company held 8 GST registrations, all of them active.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.28 Lakh. It was led by directors Erwin Jankovits and Sanjeev Bhardwaj.
Its last annual general meeting (AGM) was held on 21 August 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Neelkanth Business Park Room No. 604C Opp. Railway Station Vidhyavihar (West), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2020, the company reported a revenue of ₹569.59 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹30.87 Cr (net margin 5.4%) and EBITDA of ₹58.41 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 14% over five years.
The company had about 402 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2016. Its 6 peer companies in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 3 smaller; the largest is Bunty Overseas Private Limited with revenue of ₹618.24 Cr.
The last known website on record is rhimagnesita.com.
Company details
Contact details
Rhi India Private Limited's registered office is in Mumbai, Maharashtra. Its website is rhimagnesita.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressNeelkanth Business Park Room No. 604C Opp. Railway Station Vidhyavihar (West), Mumbai, Maharashtra, India – 400086
- IndustryMetals and Minerals, Construction Materials Retail & Distribution
To see the full contact details of Rhi India 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 Rhi India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Rhi India Private Limited, buy the company report.
Financials of Rhi India Private Limited
FY 2020 filings availableRhi India Private Limited reported revenue of ₹569.59 Cr (down 1% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 15% 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 | ₹569.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹30.87 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 | 10.3% | ||||
| Net Profit Margin | 5.4% | ||||
| 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 Rhi India Private Limited, buy the company report.
Board of directors of Rhi India Private Limited
Rhi India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| 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 |
| Sanjeev Bhardwaj | Director | 13 Mar 2018 | 8 Years 7 Months | As last reported |
Peer comparison
Rhi India Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bunty Overseas Private Limited | ₹618.24 Cr (FY 2025) | 14.0% | Kolkata, West Bengal, India | |||
| Rohit Steels Pvt Ltd. | ₹606.65 Cr (FY 2025) | -30.0% | Hyderabad, Telangana, India | |||
| Immadi E-Commerce Private Limited | ₹583.64 Cr (FY 2025) | 79.0% | Guntur, Andhra Pradesh, India | |||
| Rhi India Private Limitedthis company | ₹569.59 Cr (FY 2020) | ₹30.87 Cr | 5.4% | -1.0% | 402 | Mumbai, Maharashtra, India |
| Bensan Commercial Trade Private Limited | ₹564.93 Cr (FY 2022) | -40.0% | Ahmedabad, Gujarat, India | |||
| Sri Satyam Ispat Industries India Private Limited | ₹554.29 Cr (FY 2024) | 2.0% | Hyderabad, Telangana, India | |||
| SRS Modern Sales Limited | ₹546.71 Cr (FY 2016) | 4.0% | Faridabad, Haryana, India |
To see the full peer comparison of Rhi India Private Limited, buy the company report.
Auditor
Rhi India 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 |
Shareholding
The shareholding of Rhi India 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 India Private Limited, buy the company report.
Deals & funding
Rhi India Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Dutch Brasil Holding B.V Seller: N. T. S. Private Limited |
| May 2015 | Rights issue | ₹65.2 Cr | Investors: Dutch Brasil Holding B.V |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Rhi India Private Limited has 5 court cases on record: 4 filed by Rhi India, 1 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| NCLT | 1 | 0 | 1 |
| NCLAT | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Ahmedabad | Insolvency matter | Filed by the company against Resolution Professional | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed by the company against Union of India | Pending |
| High Court, ORISSA | Writ petition | Filed by the company against Chief Commnr. of CT and GST, Cuttack and 2 others | Disposed |
| High Court, MAHARASHTRA | Arbitration matter | Filed against the company by an individual | Disposed |
| High Court | Writ petition | Filed by the company against The State of West Bengal & Ors. | Disposed |
To see the full case history of Rhi India 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 India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rhi India Private Limited has a workforce of 402 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Rhi India has 8 GST registrations: 8 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCR6670B1ZG | Maharashtra | Active | 01 Jul 2017 |
| 19AADCR6670B1ZD | West Bengal | Active | 01 Jul 2017 |
| 21AADCR6670B1ZS | Odisha | Active | 01 Jul 2017 |
| 22AADCR6670B1ZQ | Chhattisgarh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rhi India Private Limited, buy the company report.
Recent activity
Rhi India Private Limited has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Erwin Jankovits ceased to be Additional Director on 30 Sep 2019.
2 earlier events are in the company report.
News
Frequently asked questions
Rhi India 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 India was a private limited company based in Mumbai, Maharashtra, India. The company worked in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 15 June 2007 and is registered under CIN U24119MH2007PTC171712. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Rhi India was incorporated on 15 June 2007. It is registered with the Registrar of Companies, Mumbai.
Rhi India had 2 directors:
- Erwin Jankovits - Director
- Sanjeev Bhardwaj - Director
The CIN (Corporate Identification Number) of Rhi India is U24119MH2007PTC171712. 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 India is at Neelkanth Business Park Room No. 604C Opp. Railway Station Vidhyavihar West, Mumbai, Maharashtra, India – 400086.
Rhi India can be reached through the website rhimagnesita.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Rhi India on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 21 August 2020. Year-wise statements from 2015 are in the company report.
The GSTIN of Rhi India is 27AADCR6670B1ZG, registered in Maharashtra. The company has 8 GST registrations in all, of which 8 are active. Other active GSTINs include 19AADCR6670B1ZD (West Bengal), 21AADCR6670B1ZS (Odisha), 22AADCR6670B1ZQ (Chhattisgarh).
Rhi India operated in the metals and minerals industry, in the construction materials retail and distribution segment.
Rhi India has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in March 2016.
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