MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0002543
Rita Machines India Private Limited - machinery and equipment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.52 Cr
▼ 44% YoY
Net loss · FY 2024
₹90.65 Lakh
Net margin -12.1%
EBITDA · FY 2024
-₹21.46 Lakh
EBITDA margin -2.9%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹4 Cr
Satisfied ₹3.05 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
13
Provident fund records
About Rita Machines India Private Limited
Data last updated:
Rita Machines India Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 April 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U29259PB1995PTC016163. Its GSTIN is 03AABCR5483N1Z2 (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Rita Machines (India) Limited. It is led by directors Ashok Kumar Jain (Managing Director) and Arun Kumar Jain.
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 416 Industrial Area 'A' Ludhiana, Punjab, India – 141003.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.52 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹90.65 Lakh (net margin -12.1%) and EBITDA of -₹21.46 Lakh (EBITDA margin -2.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 14% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4 Cr and satisfied charges of ₹3.05 Cr on record. Court records list 35 cases involving the company, including 34 filed by the company and 1 filed against it; 12 cases are pending.
Rita Machines India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0002543). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ritagroup.in.
Company details
CIN U29259PB1995PTC016163
Registration Number 016163
Incorporation Date 03 April 1995
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0002543
CIN history
Rita Machines India has one previous CIN (Corporate Identification Number): L29259PB1995PTC016163. The current CIN is U29259PB1995PTC016163, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29259PB1995PTC016163 | Current |
| L29259PB1995PTC016163 | Previous |
Recognitions & Rankings of Rita Machines India
Contact details
Rita Machines India Private Limited's registered office is in Ludhiana, Punjab. Its website is ritagroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address416 Industrial Area 'A' Ludhiana, Punjab, India – 141003
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Rita Machines India Private Limited, buy the company report.
Comprehensive company report
Rita Machines India 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
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Business activity
The main business activity of Rita Machines India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Rita Machines India Private Limited, buy the company report.
Financials of Rita Machines India Private Limited
FY 2024 filings availableRita Machines India Private Limited reported revenue of ₹7.52 Cr (down 44% YoY) for FY 2024.
Revenue · FY 2024
₹7.52 Cr ▼ 44%
Net loss · FY 2024
₹90.65 Lakh margin -12.1%
EBITDA · FY 2024
-₹21.46 Lakh margin -2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 44%
3 years · compounded
▼ 20%
5 years · compounded
▼ 14%
EBITDA CAGR growth
1 year
▼ 126%
3 years · compounded
▼ 32%
5 years · compounded
▼ 18%
Revenue has declined at a compounded annual rate (CAGR) of 14% over five years, including a 44% fall in the latest year. EBITDA fell 126% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹21.46 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹90.65 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.9% | ||||
| Net Profit Margin | -12.1% | ||||
| 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 Rita Machines India Private Limited, buy the company report.
Board of directors of Rita Machines India Private Limited
Rita Machines India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Jain Also directs: Rita Financial Services Private Limited | Managing Director | 03 Apr 1995 | 31 Years 7 Months | Current |
| Arun Kumar Jain | Director | 29 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
Rita Machines India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Keepsake Engineering Consultancy Pvt Ltd | ₹7.57 Cr (FY 2025) | 24.0% | Ahmedabad, Gujarat, India | |||
| Harsha Food Equipment Private Limited | ₹7.54 Cr (FY 2025) | 54.0% | Ahmedabad, Gujarat, India | |||
| Darks Machinox and Engineering Private Limited | ₹7.53 Cr (FY 2025) | 41.0% | Umbergaon, Gujarat, India | |||
| Rita Machines India Private Limitedthis company | ₹7.52 Cr (FY 2024) | -₹90.65 Lakh | -12.1% | -44.0% | 13 | Ludhiana, Punjab, India |
| Jasmira Engineers Pvt Ltd | ₹7.49 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Rita Machines India Private Limited, buy the company report.
Auditor
Rita Machines India Private Limited is audited by B.K NAYAR & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.K NAYAR & CO. | FY 2023 | 004131N |
Shareholding
The shareholding of Rita Machines India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rita Machines India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
₹3.05 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2022 | 100545661 | Others | ₹4 Cr | Open | |
| 31 Mar 1998 | 90179983 | International Asset Reconstruction Company Private Limited | ₹70 Lakh | Satisfied | |
| 22 Jul 1996 | 90176494 | Small Industrial Dev. Bank of India | ₹50 Lakh | Satisfied | |
| 03 Apr 1995 | 90182058 | International Asset Reconstruction Company Private Limited | ₹1.35 Cr | Satisfied | |
| 03 Apr 1995 | 90179627 | International Asset Reconstruction Company Private Limited | ₹50 Lakh | Satisfied |
To see the full charge records of Rita Machines India Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Rita Machines India Private Limited has 35 court cases on record: 34 filed by Rita Machines India, 1 filed against it. 12 cases are pending and 23 are disposed.
Total cases
35
Filed by the company
34
Filed against the company
1
Pending
12
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 0 | 12 |
| High courts | 6 | 1 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Central Bank of India | Disposed |
| High Court, PUNJAB | Court case (CAPP) | Filed by the company against M/S Jayaswals Neco Ltd. | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S R.P. Trading Company and 1 other | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Maharaja Machines | Pending |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against an individual | Pending |
To see the full case history of Rita Machines India 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
Rita Machines India Private Limited has 13 MSME Form 1 returns on record between 2018 and 2023, listing 1,296 overdue payments to 24 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 24)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Rita Machines India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Rita Machines India Private Limited has a workforce of 13 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
13
Active EPFO establishments
1
Employee growth
-27.78%
GST
Rita Machines India has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCR5483N1Z2 | Punjab | Active | 01 Jul 2017 |
| 09AABCR5483N1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rita Machines India Private Limited, buy the company report.
Recent activity
Rita Machines India Private Limited has 5 board changes on record since 1995: 2 appointments and 3 cessations. The latest: Arun Kumar Jain ceased to be Additional Director on 30 Nov 2021.
AGM
Rita Machines India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rita Machines India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100545661 was registered on 11 Mar 2022.
Ceased
Arun Kumar Jain ceased to be Additional Director.
Appointed
Arun Kumar Jain was appointed as Director.
Charges
A charge registered on 22 Jul 1996 via Charge ID 90176494 with Small Industrial Dev. Bank Of India was fully satisfied on 28 Oct 2019.
Charges
A charge registered on 31 Mar 1998 via Charge ID 90179983 with International Asset Reconstruction Company Private Limited was fully satisfied on 18 Jul 2017.
Charges
A charge registered on 03 Apr 1995 via Charge ID 90182058 with International Asset Reconstruction Company Private Limited was fully satisfied on 18 Jul 2017.
Charges
A charge registered on 03 Apr 1995 via Charge ID 90179627 with International Asset Reconstruction Company Private Limited was fully satisfied on 18 Jul 2017.
Ceased
Sunil Kumar Jain ceased to be Director.
Charges
A charge with International Asset Reconstruction Company Private Limited of Rs. 0.70 Cr registered on 31 Mar 1998 with Charge ID 90179983 was modified on 29 Mar 2011.
Charges
A charge with International Asset Reconstruction Company Private Limited of Rs. 1.35 Cr registered on 03 Apr 1995 with Charge ID 90182058 was modified on 29 Mar 2011.
9 earlier events are in the company report.
Frequently asked questions
Rita Machines India is an active private limited company based in Ludhiana, Punjab, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 03 April 1995 (31+ years old) and is registered under CIN U29259PB1995PTC016163.
Rita Machines India has 2 current directors:
- Ashok Kumar Jain - Managing Director
- Arun Kumar Jain - Director
The latest financial statements of Rita Machines India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rita Machines India is 03AABCR5483N1Z2, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 09AABCR5483N1ZQ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Rita Machines India is U29259PB1995PTC016163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rita Machines India has 35 court cases on record: 34 filed by the company and 1 filed against it. 12 are pending. Most are in the district courts.
Rita Machines India was incorporated on 03 April 1995, making it 31+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Rita Machines India by revenue are Keepsake Engineering Consultancy Pvt Ltd, Harsha Food Equipment Private Limited, Darks Machinox and Engineering Private Limited, Jasmira Engineers Pvt Ltd, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Arun Kumar Jain ceased to be Additional Director on 30 Nov 2021. Arun Kumar Jain was appointed as Director on 29 Mar 2021. Sunil Kumar Jain ceased to be Director on 30 Sep 2014. Rita Machines India has 5 board changes on record in total.
Yes, Rita Machines India is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0002543).
Rita Machines India has 13 MSME Form 1 returns on record between 2018 and 2023, listing 1,296 overdue payments to 24 micro and small suppliers. The latest return was filed on 31 Aug 2023.
Rita Machines India can be reached through the website ritagroup.in. Its registered office is in Ludhiana, Punjab, India.
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