Ricon Textile Limited
About Ricon Textile Limited
Data last updated:
Ricon Textile Limited is a public limited company based in Sachin, Gujarat, India. It operates in the quarrying of stone segment of the mining sector. It was incorporated on 04 January 2024.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U14101GJ2024PLC147516.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Kapil Hemantkumar Hojiwala and Ankur Mangilal Borana.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sachin, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.68 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹33.57 Lakh (net margin 1.5%) and EBITDA of ₹3.4 Cr (EBITDA margin 15%).
As per MCA filings, the company has open charges of ₹63.19 Cr on record.
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- Registered AddressPlot D – 13/4 Road 10 Hojiwala Ind Estate, Popda, Sachin, Gujarat, India – 394230
- IndustryMining, Quarrying Of Stone, Sand And Clay, Marble Quarrying
- 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 Ricon Textile Limited
The main business activity of Ricon Textile is manufacturing. In detail, this covers manufacture of textiles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles | 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 Ricon Textile Limited FY 2024 filings available
Ricon Textile Limited reported revenue of ₹22.68 Cr (up 172753% YoY) for FY 2025.
Financial Statement Summary of Ricon Textile Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹3.4 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹33.57 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 Ricon Textile Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 15% | •••• |
| Net Profit Margin | 1.5% | •••• |
| 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 Ricon Textile are in the company report.
Financial statements from FY 2024
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.
Board of Directors of Ricon Textile Limited
Ricon Textile has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kapil Hemantkumar Hojiwala | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Ankur Mangilal Borana Also directs: Borana Industries LLP, R & B Denims Limited, Borana Filaments Private Limited and 2 more | Director | 04 Jan 2024 | 2 Years 9 Months | Current |
| Nirmit Dalmia | Additional Director | 15 Jan 2025 | 1 Years 8 Months | Current |
Charges & Borrowings of Ricon Textile Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2024 | Hdfc Bank Limited | ₹63.19 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Ricon Textile Limited
Employment history and EPFO contributions of people linked to Ricon Textile.
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 Ricon Textile Limited
Ricon Textile has one previous CIN (Corporate Identification Number): U14101GJ2024PTC147516. The current CIN is U14101GJ2024PLC147516, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14101GJ2024PLC147516 | Current |
| U14101GJ2024PTC147516 | Previous |
Recent Activity on Ricon Textile Limited
Ricon Textile Limited has 3 board changes on record since 2024: 3 appointments. The latest: Nirmit Dalmia was appointed as Additional Director on 15 Jan 2025.
Credit Ratings, Litigation & Regulatory Alerts for Ricon Textile 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 Ricon Textile 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 Ricon Textile 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 Ricon Textile 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 Ricon Textile 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 Ricon Textile Limited
Ricon Textile is an active public limited company based in Sachin, Gujarat, India. The company works in quarrying of stone, within the mining industry. It was incorporated on 04 January 2024 (2+ years old) and is registered under CIN U14101GJ2024PLC147516.
Ricon Textile reported revenue of ₹22.68 Cr for FY 2025 (up 172753% YoY).
Ricon Textile has 3 current directors:
- Kapil Hemantkumar Hojiwala - Director
- Ankur Mangilal Borana - Director
- Nirmit Dalmia - Additional Director
Ricon Textile reported a net profit of ₹33.57 Lakh (net margin 1.5%) and EBITDA of ₹3.4 Cr (EBITDA margin 15%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Ricon Textile is U14101GJ2024PLC147516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ricon Textile was incorporated on 04 January 2024, making it 2+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nirmit Dalmia was appointed as Additional Director on 15 Jan 2025. Ankur Mangilal Borana was appointed as Director on 04 Jan 2024. Kapil Hemantkumar Hojiwala was appointed as Director on 04 Jan 2024.
The registered office of Ricon Textile is at Plot D – 134 Road 10 Hojiwala Ind Estate, Popda, Sachin, Gujarat, India – 394230.
Ricon Textile has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr.
Ricon Textile operates in the mining industry, in the quarrying of stone segment.