- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0060177

About Riddhi Technologies Private Limited
Data last updated:
Riddhi Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the hydraulic machinery and equipment segment of the machinery and industrial equipment sector. It was incorporated on 17 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28299GJ1994PTC023311. Its GSTIN is 24AAACR9127L1Z6 (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹75 Lakh. It is led by directors including Kailash Srichand Kotwani and Mahesh Srichand Kotwani.
Its last annual general meeting (AGM) was held on 18 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 62/4 Phase – 1 G I D C Vatva, Ahmedabad, Gujarat, India – 382445.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.85 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹13.07 Lakh (net margin 3.4%) and EBITDA of ₹32.11 Lakh (EBITDA margin 8.3%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 12% over five years.
The company has about 17 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.35 Cr and satisfied charges of ₹1.85 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Riddhi Technologies Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0060177). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website riddhiindia.com.
Company details
CIN history
Riddhi Technologies has one previous CIN (Corporate Identification Number): U72200GJ1994PTC023311. The current CIN is U28299GJ1994PTC023311, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28299GJ1994PTC023311 | Current |
| U72200GJ1994PTC023311 | Previous |
Recognitions & Rankings of Riddhi Technologies
Contact details
Riddhi Technologies Private Limited's registered office is in Ahmedabad, Gujarat.
- Registered Address62/4 Phase – 1 G I D C Vatva, Ahmedabad, Gujarat, India – 382445
- IndustryMachinery and Equipment, Hydraulic Machinery & Equipment
- 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 Riddhi Technologies is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Riddhi Technologies Private Limited, buy the company report.
Financials of Riddhi Technologies Private Limited
FY 2025 filings availableRiddhi Technologies Private Limited reported revenue of ₹3.85 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over five years, including a 22% fall in the latest year. EBITDA fell 18% 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 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 | ₹32.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.07 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 3.4% | ||||
| 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 Riddhi Technologies Private Limited, buy the company report.
Board of directors of Riddhi Technologies Private Limited
Riddhi Technologies has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kailash Srichand Kotwani Also directs: Chiru Technologies LLP, Infihydro Solutions LLP | Director | 17 Oct 1994 | 32 Years 0 Months | Current |
| Mahesh Srichand Kotwani Also directs: Chiru Technologies LLP, Infihydro Solutions LLP | Director | 21 Jul 2003 | 23 Years 3 Months | Current |
| Manisha Kailash Kotwani Also directs: Chiru Technologies LLP, Infihydro Solutions LLP | Director | 01 Nov 2003 | 22 Years 11 Months | Current |
| Chirag Kailash Kotwani Also directs: Infihydro Solutions LLP, Argo Healthutions LLP | Director | 03 Feb 2022 | 4 Years 8 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 May 2007 | 10053379 | Others | ₹2.35 Cr | Open | |
| 12 Jun 2020 | 100350384 | Others | ₹35 Lakh | Satisfied | |
| 04 May 2007 | 10057323 | Corporation Bank | ₹1.5 Cr | Satisfied |
To see the full charge records of Riddhi Technologies Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Riddhi Technologies Private Limited has 1 court case on record: 1 filed by Riddhi Technologies. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Aec Ltd. and 1 other | Disposed |
To see the full case history of Riddhi Technologies 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
Riddhi Technologies Private Limited has 8 MSME Form 1 returns on record between 2019 and 2023, listing 437 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Veena Engicast Private Limited | |||
| Vijay Seals | |||
| Limbani Wood Works | |||
| an individual supplier |
To see the full MSME payment records of Riddhi Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Riddhi Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9127L1Z6 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riddhi Technologies Private Limited, buy the company report.
Recent activity
Riddhi Technologies Private Limited has 4 board changes on record since 1994: 4 appointments. The latest: Chirag Kailash Kotwani was appointed as Director on 03 Feb 2022.
1 earlier event is in the company report.
Frequently asked questions
Riddhi Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in hydraulic machinery and equipment, within the machinery and equipment industry. It was incorporated on 17 October 1994 (32+ years old) and is registered under CIN U28299GJ1994PTC023311.
Riddhi Technologies has 4 current directors:
- Kailash Srichand Kotwani - Director
- Mahesh Srichand Kotwani - Director
- Manisha Kailash Kotwani - Director
- Chirag Kailash Kotwani - Director
The latest financial statements of Riddhi Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Riddhi Technologies is 24AAACR9127L1Z6, registered in Gujarat.
The CIN (Corporate Identification Number) of Riddhi Technologies is U28299GJ1994PTC023311. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riddhi Technologies has 1 court case on record: 1 filed by the company.
Riddhi Technologies was incorporated on 17 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Chirag Kailash Kotwani was appointed as Director on 03 Feb 2022. Manisha Kailash Kotwani was appointed as Director on 01 Nov 2003. Mahesh Srichand Kotwani was appointed as Director on 21 Jul 2003. Riddhi Technologies has 4 board changes on record in total.
Yes, Riddhi Technologies is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0060177).
Riddhi Technologies has 8 MSME Form 1 returns on record between 2019 and 2023, listing 437 overdue payments to 9 micro and small suppliers. The latest return was filed on 28 Aug 2023.
Riddhi Technologies can be reached through the website riddhiindia.com. Its registered office is in Ahmedabad, Gujarat, India.