Rico Appliances Private Limited

Rico Appliances Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U29300MH1995PTC086244 Incorporated 09 March 1995 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Medium
Revenue · FY 2026
₹50.7 Cr
▼ 12% YoY
Net profit · FY 2026
₹2.09 Cr
Net margin 4.1%
EBITDA · FY 2026
₹2.62 Cr
EBITDA margin 5.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Satisfied charges
₹6.47 Cr
No open charges
Company age
31 yrs
Est. 1995
Directors on board
3
As per MCA filings

About Rico Appliances Private Limited

Data last updated:

Rico Appliances Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 09 March 1995 and has been in existence for over 31 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29300MH1995PTC086244. Its GSTIN is 27AAACR1910P1Z9 (Maharashtra). The company holds 12 GST registrations, of which 11 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Vikram Chander Thakur (Managing Director) and Manoj Chander Thakur (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 901 Sapphire Condominium S.V. Road Khar West, Mumbai, Maharashtra, India – 400052.

As per the financials filed for FY 2026, the company reported a revenue of ₹50.7 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹2.09 Cr (net margin 4.1%) and EBITDA of ₹2.62 Cr (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 2% over five years.

The company is associated with 1 brand: RICO Home Appliances. As per MCA filings, the company has satisfied charges of ₹6.47 Cr on record. Court records list 14 cases involving the company, including 11 filed by the company and 3 filed against it; 3 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2023.

Rico Appliances Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0043587). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rico.in.

Company details

CIN U29300MH1995PTC086244
Registration Number 086244
Incorporation Date 09 March 1995
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0043587
Key People
Vikram Chander Thakur Managing Director Manoj Chander Thakur Managing Director Krishna Chander Thakur Director

Recognitions & Rankings of Rico Appliances

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0043587

Contact details

Rico Appliances Private Limited's registered office is in Mumbai, Maharashtra. Its website is rico.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    rico.in
  • Social Media
  • Registered Address
    901 Sapphire Condominium S.V. Road Khar West, Mumbai, Maharashtra, India – 400052
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Rico Appliances Private Limited, buy the company report.

Comprehensive company report
Rico Appliances Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Rico Appliances operates one associated brand: RICO Home Appliances. Each brand links to its own profile.

BrandDescriptionWebsite
RICO Home Appliances
Manufacturer of home appliancesricoappliances.com

Business activity

The main business activity of Rico Appliances is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles45Wholesale and retail trade and repair of motor vehicles and motorcycles

To see the full business activity and turnover split of Rico Appliances Private Limited, buy the company report.

Financials of Rico Appliances Private Limited

FY 2026 filings available

Rico Appliances Private Limited reported revenue of ₹50.7 Cr (down 12% YoY) for FY 2026.

Revenue · FY 2026
₹50.7 Cr ▼ 12%
Net profit · FY 2026
₹2.09 Cr margin 4.1%
EBITDA · FY 2026
₹2.62 Cr margin 5.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▼ 9%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 8%
5 years · compounded
▲ 12%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA fell 25% 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹50.7 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2.62 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.09 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

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin5.2%
Net Profit Margin4.1%
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 Rico Appliances Private Limited, buy the company report.

Board of directors of Rico Appliances Private Limited

Rico Appliances has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Krishna Chander ThakurDirector09 Mar 199531 Years 8 MonthsCurrent
Vikram Chander Thakur
Also directs: Rico Products (Marketing) Pvt Ltd
Managing Director09 Mar 199531 Years 8 MonthsCurrent
Manoj Chander Thakur
Also directs: Rico Products (Marketing) Pvt Ltd
Managing Director09 Mar 199531 Years 8 MonthsCurrent
View all directors

Auditor

Rico Appliances Private Limited is audited by NMK & CO LLP for the financial year 2026.

Auditor firmFinancial yearFirm registration number
NMK & CO LLPFY 2026107072W/W100131

Shareholding

The shareholding of Rico Appliances Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2026FY 2025FY 2024FY 2023FY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rico Appliances Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹6.47 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹6.00 Cr
Bank of India₹0.47 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
20 Mar 2019100266313Hdfc Bank Limited₹6 CrSatisfied
01 Dec 199580064137Bank of India₹9 LakhSatisfied
01 Dec 199590211467Bank of India₹30 LakhSatisfied
04 May 199590212660Bank of India₹8 LakhSatisfied

To see the full charge records of Rico Appliances Private Limited, buy the company report.

Total charge records: 4 View all charges

Deals & funding

Rico Appliances Private Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2023.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Jan 2023Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Mar 2010Secondary share transferUndisclosedBuyer: 2 individuals
Seller: Chander Parmanand Huf, an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Rico Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Rico Appliances has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
12
Active
11
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAACR1910P1Z9MaharashtraActive01 Jul 2017
27AAACR1910P2Z8MaharashtraActive25 Mar 2025
03AAACR1910P1ZJPunjabActive01 Jul 2017
29AAACR1910P1Z5KarnatakaActive27 Aug 2019

To see the full GST registrations and return filing status of Rico Appliances Private Limited, buy the company report.

Recent activity

Rico Appliances Private Limited has 6 board changes on record since 1995: 3 appointments and 3 cessations. The latest: Manoj Chander Thakur ceased to be Director on 23 Jan 2023.

Filing
Rico Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai.
AGM
Rico Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Manoj Chander Thakur ceased to be Director.
Ceased
Vikram Chander Thakur ceased to be Director.
Ceased
Chander Parmanand Thakur ceased to be Managing Director.
Charges
A charge registered on 20 Mar 2019 via Charge ID 100266313 with Hdfc Bank Limited was fully satisfied on 20 Feb 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 600.00 Lakh with Charge ID 100266313 was registered on 20 Mar 2019.
Charges
A charge registered on 01 Dec 1995 via Charge ID 80064137 with Bank Of India was fully satisfied on 09 Dec 2011.
Charges
A charge registered on 01 Dec 1995 via Charge ID 90211467 with Bank Of India was fully satisfied on 09 Dec 2011.
Charges
A charge registered on 04 May 1995 via Charge ID 90212660 with Bank Of India was fully satisfied on 09 Dec 2011.
Charges
A charge with Bank Of India amounted to Rs. 9.00 Lakh with Charge ID 80064137 was registered on 01 Dec 1995.
Charges
A charge with Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 90211467 was registered on 01 Dec 1995.

6 earlier events are in the company report.

Frequently asked questions

Rico Appliances is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 09 March 1995 (31+ years old) and is registered under CIN U29300MH1995PTC086244.

Rico Appliances has 3 current directors:

The latest financial statements of Rico Appliances on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Rico Appliances is 27AAACR1910P1Z9, registered in Maharashtra. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACR1910P2Z8 (Maharashtra), 03AAACR1910P1ZJ (Punjab), 29AAACR1910P1Z5 (Karnataka).

The CIN (Corporate Identification Number) of Rico Appliances is U29300MH1995PTC086244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rico Appliances has 14 court cases on record: 11 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.

Rico Appliances was incorporated on 09 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Mumbai.

Rico Appliances has 2 deals on record (2 secondary share transfers); the latest was in January 2023.

Manoj Chander Thakur ceased to be Director on 23 Jan 2023. Vikram Chander Thakur ceased to be Director on 23 Jan 2023. Chander Parmanand Thakur ceased to be Managing Director on 09 Jan 2023. Rico Appliances has 6 board changes on record in total.

Yes, Rico Appliances is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0043587).