Rhythm Creators Private Limited
About Rhythm Creators Private Limited
Data last updated:
Rhythm Creators Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 13 March 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32303MH1990PTC055793.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.7 Lakh. It is led by directors Hemendra Gangwal and Mayank Hasmukhrai Parekh.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 701 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.55 Lakh. For the same year it recorded a net loss of ₹1.31 Lakh (net margin -84.3%) and EBITDA of -₹34,819 (EBITDA margin -22.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹427 Cr and satisfied charges of ₹8.75 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address701 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- 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
- One PDF report, delivered after checkout
Financials of Rhythm Creators Private Limited FY 2025 filings available
Rhythm Creators Private Limited reported revenue of ₹1.55 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rhythm Creators Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years. EBITDA fell 126% 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 of Rhythm Creators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹34,819 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.31 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 of Rhythm Creators Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -84.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rhythm Creators are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rhythm Creators Private Limited
Rhythm Creators Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hi-Q-Systems Pvt. Ltd. | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Automation Engineers Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore, Tamil Nadu, India |
| Hapihygi Innovations Private Limited | •••• | •••• | •••• | •••• | - | Gandhinagar, Gujarat, India |
| Brain360 Srijanshala Private Limited | •••• | •••• | •••• | •••• | - | Narsinghpur, Haryana, India |
| Himalaya Digital India Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Rhythm Creators Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Radiogeet Digital Private Limited | •••• | •••• | •••• | •••• | - | Jamshedpur, Jharkhand, India |
| Lemondrop Embedded Solutions and Consulting Services Private Limited | •••• | •••• | •••• | •••• | - | Harur, Tamil Nadu, India |
| TL Micro Automation Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| MDC Kidsi Technology Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Rsit Services Private Limited | •••• | •••• | •••• | •••• | - | S.A.S.Nagar (Mohali), Punjab, India |
Peers are the five companies nearest above and the five nearest below Rhythm Creators by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rhythm Creators Private Limited
Rhythm Creators Private Limited is audited by SHABBIR & RITA ASSOCIATES LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHABBIR & RITA ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rhythm Creators Private Limited
Rhythm Creators has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemendra Gangwal Also directs: Glistening Properties Private Limited, Effin Import Export Private Limited, Prakruti Import Export Private Limited and 5 more | Director | 18 Mar 2024 | 2 Years 6 Months | Current |
| Mayank Hasmukhrai Parekh Also directs: Neolite Polymer Industries P.Ltd., Everex Infotech Private Limited, Glistening Properties Private Limited and 5 more | Director | 30 May 2014 | 12 Years 4 Months | Current |
Ownership and Shareholding of Rhythm Creators Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rhythm Creators Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jan 2021 | State Bank of India | ₹176 Cr | Open |
| 13 Sep 2017 | State Bank of India | ₹176 Cr | Open |
| 07 Jan 2010 | Idbi Bank Limited | ₹75 Cr | Open |
| 17 Nov 2004 | State Bank of Indore | ₹8.75 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Rhythm Creators Private Limited
Employment history and EPFO contributions of people linked to Rhythm Creators.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rhythm Creators Private Limited
Rhythm Creators Private Limited has 9 board changes on record since 2014: 2 appointments and 7 cessations. The latest: Hemendra Gangwal ceased to be Director on 27 Sep 2024.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rhythm Creators Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rhythm Creators Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rhythm Creators Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rhythm Creators Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rhythm Creators Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rhythm Creators Private Limited
Rhythm Creators is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 13 March 1990 (36+ years old) and is registered under CIN U32303MH1990PTC055793.
Rhythm Creators reported revenue of ₹1.55 Lakh for FY 2025.
Rhythm Creators has 2 current directors:
- Hemendra Gangwal - Director
- Mayank Hasmukhrai Parekh - Director
Rhythm Creators reported a net loss of ₹1.31 Lakh (net margin -84.3%) and EBITDA of -₹34,819 (EBITDA margin -22.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rhythm Creators is -1% over three years. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Rhythm Creators is U32303MH1990PTC055793. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rhythm Creators was incorporated on 13 March 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Rhythm Creators by revenue are Hi-Q-Systems Pvt. Ltd, Automation Engineers Private Limited, Hapihygi Innovations Private Limited, Brain360 Srijanshala Private Limited, Himalaya Digital India Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Hemendra Gangwal ceased to be Director on 27 Sep 2024. Hemendra Gangwal was appointed as Director on 18 Mar 2024. Viren Sanjay Agarwal ceased to be Additional Director on 27 Sep 2019. Rhythm Creators has 9 board changes on record in total.
The registered office of Rhythm Creators is at 701 Embassy Centre Nariman Point, Mumbai, Maharashtra, India – 400021.
Rhythm Creators has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹34.7 Lakh.