About Rimtex Engineering Private Limited
Data last updated:
Rimtex Engineering Private Limited is a private limited company based in Surendranagar, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 10 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29113GJ2003PTC043043. Its GSTIN is 24AACCR7585E1Z9 (Gujarat).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹11.85 Cr. It is led by directors including Gaurav Girdharbhai Parmar and Himanshubhai Girdharlal Parmar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No 2701 Phase Ivgidc Wadhwan Dist, Surendranagar, Gujarat, India – 363035.
As per the financials filed for FY 2025, the company reported a revenue of ₹18.69 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹13.14 Lakh (net margin 0.7%) and EBITDA of ₹1.71 Cr (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years and 14% over five years.
The company has about 214 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: The X-Axis. As per MCA filings, the company has open charges of ₹14.12 Cr and satisfied charges of ₹50.78 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website thex-axis.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 2701 Phase Ivgidc Wadhwan Dist, Surendranagar, Gujarat, India – 363035
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Rimtex Engineering Private Limited
The main business activity of Rimtex Engineering is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Rimtex Engineering Private Limited FY 2024 filings available
Rimtex Engineering Private Limited reported revenue of ₹18.69 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rimtex Engineering Private Limited
Revenue rose 4% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 14%. EBITDA fell 66% 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 Rimtex Engineering 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 | ₹1.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.14 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 Rimtex Engineering Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Rimtex Engineering 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 Rimtex Engineering Private Limited
Rimtex Engineering Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SS Fabcom India Private Limited | ₹18.85 Cr (FY 2023) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Tmki Machine Parts Private Limited | ₹18.79 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Jaipur, Rajasthan, India |
| Shree Mahalakshmi CCR Limited | ₹18.72 Cr (FY 2025) | •••• | •••• | 4918.0% | •••• | Dhar, Madhya Pradesh, India |
| Ruchi Forging & Fabrication Private Limited | ₹18.72 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Kolkata, West Bengal, India |
| Tex Tech Industries India Private Limited | ₹18.71 Cr (FY 2024) | •••• | •••• | -6.0% | •••• | Coimbatore, Tamil Nadu, India |
| Rimtex Engineering Private Limited this company | ₹18.69 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Surendranagar, Gujarat, India |
| Desmi Equipments Private Limited | ₹18.69 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Thane, Maharashtra, India |
| Rollz India Waste Management Private Limited | ₹18.64 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | Bhilwara, Rajasthan, India |
| Venu Engineering Services Private Limited | ₹18.63 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Chennai, Tamil Nadu, India |
| B R S Precision Manufacturing Private Limited | ₹18.62 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Kalyani Stampings Private Limited | ₹18.57 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Kanchipuram, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Rimtex Engineering by revenue in the Machinery and Equipment industry (Tools and Components), 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 Rimtex Engineering Private Limited
Rimtex Engineering Private Limited is audited by DINESHKUMAR V. SHAH & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DINESHKUMAR V. SHAH & 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 Rimtex Engineering Private Limited
Rimtex Engineering has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Girdharbhai Parmar | Director | 10 Oct 2003 | 22 Years 11 Months | Current |
| Himanshubhai Girdharlal Parmar | Director | 10 Oct 2003 | 22 Years 11 Months | Current |
| Kalpesh Girdharlal Parmar | Director | 10 Oct 2003 | 22 Years 11 Months | Current |
| Yash Kalpesh Parmar Also directs: Kalpar Engineers Private Limited | Director | 23 Feb 2024 | 2 Years 7 Months | Current |
Ownership and Shareholding of Rimtex Engineering 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 Rimtex Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Oct 2023 | Others | ₹13.56 Cr | Open |
| 17 Jul 2023 | Hdfc Bank Limited | ₹14.78 Lakh | Open |
| 08 Jan 2023 | Hdfc Bank Limited | ₹15.74 Lakh | Open |
| 21 Jun 2022 | Hdfc Bank Limited | ₹25.82 Lakh | Open |
| 11 Mar 2019 | Others | ₹14 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Rimtex Engineering Private Limited
Rimtex Engineering Private Limited has 2 court cases on record: 1 filed by Rimtex Engineering, 1 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
| District court, Surendranagar, Gujarat | Criminal complaint | Filed by the company against Guruvayur Spinnin Mill Pvt.Ltd | 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.
MSME Payment Delays by Rimtex Engineering Private Limited
Rimtex Engineering Private Limited has 9 MSME Form 1 returns on record between 2019 and 2023, listing 83 overdue payments to 11 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 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Suprime Steel Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Satyanarayan Rubber & Plastic Industries | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 9 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.
Associated Brands with Rimtex Engineering Private Limited
Rimtex Engineering operates one associated brand: The X-Axis. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of spinning rings and ring travellers for textile applications in India. | thex-axis.com |
Employees and EPFO Compliance at Rimtex Engineering Private Limited
Rimtex Engineering Private Limited has a workforce of 214 employees as of Apr 05, 2024.
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 Rimtex Engineering Private Limited
Rimtex Engineering Private Limited has 6 board changes on record since 2003: 5 appointments and 1 cessation. The latest: Yash Kalpesh Parmar was appointed as Director on 23 Feb 2024.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rimtex Engineering 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 Rimtex Engineering 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 Rimtex Engineering Private Limited
Rimtex Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR7585E1Z9 | 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 Rimtex Engineering 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 Rimtex Engineering Private Limited
Rimtex Engineering is an active private limited company based in Surendranagar, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 10 October 2003 (23+ years old) and is registered under CIN U29113GJ2003PTC043043.
Rimtex Engineering reported revenue of ₹18.69 Cr for FY 2025 (up 4% YoY).
Rimtex Engineering has 4 current directors:
- Gaurav Girdharbhai Parmar - Director
- Himanshubhai Girdharlal Parmar - Director
- Kalpesh Girdharlal Parmar - Director
- Yash Kalpesh Parmar - Director
Rimtex Engineering reported a net profit of ₹13.14 Lakh (net margin 0.7%) and EBITDA of ₹1.71 Cr (EBITDA margin 9.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rimtex Engineering is -27% over three years and -14% over five years. In the latest year (FY 2025) revenue rose 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rimtex Engineering is 24AACCR7585E1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Rimtex Engineering is U29113GJ2003PTC043043. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rimtex Engineering has 2 court cases on record: 1 filed by the company and 1 filed against it.
Rimtex Engineering was incorporated on 10 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Rimtex Engineering by revenue are SS Fabcom India Private Limited, Tmki Machine Parts Private Limited, Shree Mahalakshmi CCR Limited, Ruchi Forging & Fabrication Private Limited, Tex Tech Industries India Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Yash Kalpesh Parmar was appointed as Director on 23 Feb 2024. Tanvi Mafatlal Patel ceased to be Company Secretary on 15 May 2021. Tanvi Mafatlal Patel was appointed as Company Secretary on 15 May 2019. Rimtex Engineering has 6 board changes on record in total.
Rimtex Engineering has 9 MSME Form 1 returns on record between 2019 and 2023, listing 83 overdue payments to 11 micro and small suppliers. The latest return was filed on 27 Aug 2023.