- 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.
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.
CIN History of Riddhi Technologies Private Limited
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
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- 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
- One PDF report, delivered after checkout
Business Activity of Riddhi Technologies Private Limited
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Riddhi Technologies Private Limited FY 2025 filings available
Riddhi Technologies Private Limited reported revenue of ₹3.85 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Riddhi Technologies Private Limited
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 of Riddhi Technologies 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 | ₹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 of Riddhi Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Riddhi Technologies 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.
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 |
Peer Comparison of Riddhi Technologies Private Limited
Riddhi Technologies Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Hydraulic Equipment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Husiraz Engineers Private Limited | ₹4.03 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Pune, Maharashtra, India |
| Omicron Grinding Machines Private Limited | ₹4.03 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Wadhwan, Gujarat, India |
| Khare Engineering and Tools Pvt Ltd | ₹4.01 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Miraj, Maharashtra, India |
| Mark Hydrolub Private Limited | ₹3.91 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Thane, Maharashtra, India |
| B R Equipments Private Limited | ₹3.91 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Ahmedabad, Gujarat, India |
| Riddhi Technologies Private Limited this company | ₹3.85 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Ahmedabad, Gujarat, India |
| Satish Hydraulic Company Private Limited | ₹3.84 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Powerjac Systems Private Limited | ₹3.76 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Belgaum, Karnataka, India |
| Maxim Hydraulics Private Limited | ₹3.74 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Hydroma India Private Limited | ₹3.73 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Bangalore, Karnataka, India |
| Paskals Fluid Systems Private Limited | ₹3.68 Cr (FY 2024) | •••• | •••• | -57.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Riddhi Technologies by revenue in the Machinery and Equipment industry (Hydraulic Equipment), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Riddhi Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 May 2007 | Others | ₹2.35 Cr | Open |
| 12 Jun 2020 | Others | ₹35 Lakh | Satisfied |
| 04 May 2007 | Corporation Bank | ₹1.5 Cr | Satisfied |
Total charge records: 3 View all charges
MSME Payment Delays by Riddhi Technologies Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Riddhi Technologies Private Limited
Employment history and EPFO contributions of people linked to Riddhi Technologies.
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 Riddhi Technologies Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Riddhi Technologies 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.
Subsidiaries & Group Companies of Riddhi Technologies 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 Riddhi Technologies Private Limited
Riddhi Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACR9127L1Z6 | Gujarat | Active | 01 Jul 2017 |
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 Riddhi Technologies 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 Riddhi Technologies Private Limited
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 reported revenue of ₹3.85 Cr for FY 2025 (down 22% YoY).
Riddhi Technologies has 4 current directors:
- Kailash Srichand Kotwani - Director
- Mahesh Srichand Kotwani - Director
- Manisha Kailash Kotwani - Director
- Chirag Kailash Kotwani - Director
Riddhi Technologies reported a net profit of ₹13.07 Lakh (net margin 3.4%) and EBITDA of ₹32.11 Lakh (EBITDA margin 8.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Riddhi Technologies is -13% over three years and -12% over five years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
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 was incorporated on 17 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Riddhi Technologies by revenue are Husiraz Engineers Private Limited, Omicron Grinding Machines Private Limited, Khare Engineering and Tools Pvt Ltd, Mark Hydrolub Private Limited, B R Equipments Private Limited and 5 more, all in the Machinery and Equipment industry (Hydraulic Equipment).
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.