Richway Mining Private Limited
About Richway Mining Private Limited
Data last updated:
Richway Mining Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the lignite segment of the mining sector. It was incorporated on 24 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U13209MH2004PTC220124. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Nitin Chunilal Shah and Heer Nitin Shah.
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 Shop No 117 Sona Shopping Centre Trikamdas Road Kandivali(West), Mumbai, Maharashtra, India – 400067.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.84 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹3.95 Lakh (net margin 28.6%) and EBITDA of ₹5.34 Lakh (EBITDA margin 38.6%). Revenue has grown at a compounded annual rate (CAGR) of 24% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressShop No 117 Sona Shopping Centre Trikamdas Road Kandivali(West), Mumbai, Maharashtra, India – 400067
- IndustryMining, Lignite, Mining, Coal
- 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
Business Activity of Richway Mining Private Limited
The main business activity of Richway Mining is mining and quarrying. In detail, this covers mining of coal and lignite.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| B | Mining and quarrying | B1 | Mining of Coal and lignite | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Richway Mining Private Limited FY 2025 filings available
Richway Mining Private Limited reported revenue of ₹13.84 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Richway Mining Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 2% 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 Richway Mining 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 | ₹5.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.95 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 Richway Mining Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 28.6% | •••• | •••• | •••• | •••• |
| 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 Richway Mining 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 Richway Mining Private Limited
Richway Mining Private Limited is compared with the companies closest to it by revenue in the Metals and Minerals industry (Mining). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sarveshwari Mining Private Limited | ₹13.97 Lakh (FY 2022) | •••• | •••• | •••• | Kolkata, West Bengal, India | |
| Kapur Mining Equipment Pvt Ltd | ₹13.94 Lakh (FY 2025) | •••• | •••• | 357.0% | •••• | Delhi, India |
| Shiva Shankar Minerals Private Limited | ₹13.89 Lakh (FY 2025) | •••• | •••• | -9.0% | •••• | Hyderabad, Telangana, India |
| Amph Mines and Minerals Private Limited | ₹13.88 Lakh (FY 2024) | •••• | •••• | -74.0% | •••• | Gurugram, Haryana, India |
| Emil Mines and Mineral Resources Limited | ₹13.84 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Kolkata, West Bengal, India |
| Richway Mining Private Limited this company | ₹13.84 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Jai Shri Ram Mining Supplies Private Limited | ₹13.77 Lakh (FY 2025) | •••• | •••• | 72.0% | •••• | Panchkula, Haryana, India |
| Majestic Sand Unit Private Limited | ₹13.77 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Kozhikode, Kerala, India |
| Zeotek Mining Solutions Private Limited | ₹13.7 Lakh (FY 2024) | •••• | •••• | 93.0% | •••• | Bhubaneswar, Odisha, India |
| Rajmeru Minerals Private Limited | ₹13.66 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Udaipur, Rajasthan, India |
| Karpaga Vinayagar Industries Private Limited | ₹13.62 Lakh (FY 2025) | •••• | •••• | 18.0% | •••• | Tiruvannamallai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Richway Mining by revenue in the Metals and Minerals industry (Mining), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Richway Mining Private Limited
Richway Mining Private Limited is audited by B.P.CHATURVEDI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B.P.CHATURVEDI & CO | 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 Richway Mining Private Limited
Richway Mining has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nitin Chunilal Shah Also directs: Rachita Mining Private Limited, Anixs Mining Private Limited, Superstar Mining Private Limited and 4 more | Director | 16 Mar 2015 | 11 Years 6 Months | Current |
| Heer Nitin Shah Also directs: Rachita Mining Private Limited, Anixs Mining Private Limited, Superstar Mining Private Limited and 4 more | Director | 16 Mar 2015 | 11 Years 6 Months | Current |
Ownership and Shareholding of Richway Mining 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 Richway Mining Private Limited
Richway Mining Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Richway Mining Private Limited
Richway Mining Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed against the company by Sociedade De Fomento Industrial Private Limited | Disposed |
| Bombay High Court | Court case (CHSCD) | Filed against the company by Sociedade De Fomento Industrial Pvt | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Richway Mining Private Limited
Employment history and EPFO contributions of people linked to Richway Mining.
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.
CIN History of Richway Mining Private Limited
Richway Mining has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U13209MH2004PTC220124, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13209MH2004PTC220124 | Current |
| U13209KA2004PTC035088 | Previous |
| U64202KA2004PTC035088 | Previous |
Recent Activity on Richway Mining Private Limited
Richway Mining Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Fritz Trasis Dsilva ceased to be Director on 21 Mar 2015.
Credit Ratings, Litigation & Regulatory Alerts for Richway Mining 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 Richway Mining 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 Richway Mining 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 Richway Mining Private Limited
Richway Mining has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Richway Mining 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 Richway Mining Private Limited
Richway Mining is an active private limited company based in Mumbai, Maharashtra, India. The company works in lignite, within the mining industry. It was incorporated on 24 November 2004 (22+ years old) and is registered under CIN U13209MH2004PTC220124.
Richway Mining reported revenue of ₹13.84 Lakh for FY 2025 (down 2% YoY).
Richway Mining has 2 current directors:
- Nitin Chunilal Shah - Director
- Heer Nitin Shah - Director
Richway Mining reported a net profit of ₹3.95 Lakh (net margin 28.6%) and EBITDA of ₹5.34 Lakh (EBITDA margin 38.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Richway Mining is 24% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
No. Richway Mining has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Richway Mining is U13209MH2004PTC220124. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Richway Mining has 2 court cases on record: 2 filed against it.
Richway Mining was incorporated on 24 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Richway Mining by revenue are Sarveshwari Mining Private Limited, Kapur Mining Equipment Pvt Ltd, Shiva Shankar Minerals Private Limited, Amph Mines and Minerals Private Limited, Emil Mines and Mineral Resources Limited and 5 more, all in the Metals and Minerals industry (Mining).
Fritz Trasis Dsilva ceased to be Director on 21 Mar 2015. Nirad Dhirajlal Mehta ceased to be Director on 21 Mar 2015. Heer Nitin Shah was appointed as Director on 16 Mar 2015. Richway Mining has 6 board changes on record in total.