Ritika Industries Limited
About Ritika Industries Limited
Data last updated:
Ritika Industries Limited is a public limited company based in Rourkela, Odisha, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 18 May 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U27102OR2005PLC008165. Its GSTIN is 21AADCR0078F1ZU (Odisha).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Ashok Kumar Guru and Ram Chand Shaw.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Orampara Uditnagar, Rourkela, Odisha, India – 769012.
As per the financials filed for FY 2019, the company reported a revenue of ₹36.5 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹18.26 Lakh (net margin 0.5%) and EBITDA of ₹26.5 Lakh (EBITDA margin 0.7%).
Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ritika Industries Limited's registered office is in Rourkela, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOrampara Uditnagar, Rourkela, Odisha, India – 769012
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Ritika Industries Limited, buy the company report.
- 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 Ritika Industries is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ritika Industries Limited, buy the company report.
Financials of Ritika Industries Limited
FY 2019 filings availableRitika Industries Limited reported revenue of ₹36.5 Cr (up 40% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year. EBITDA fell 53% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹36.5 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.5 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.26 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ritika Industries Limited, buy the company report.
Board of directors of Ritika Industries Limited
Ritika Industries has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Kumar Guru Also directs: Ritika Ispat Private Limited | Director | 23 May 2020 | 6 Years 5 Months | Current |
| Ram Chand Shaw | Director | 18 May 2005 | 21 Years 5 Months | Current |
| Narendra Chand | Director | 01 Aug 2006 | 20 Years 2 Months | Current |
Peer comparison
Ritika Industries Limited is compared with the 7 companies closest to it by revenue in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hamy Steel Private Limited | ₹36.6 Cr (FY 2024) | 2.0% | Pune, Maharashtra, India | |||
| Jain India Steelcoorp Private Limited | ₹36.53 Cr (FY 2025) | 40.0% | Hyderabad, Telangana, India | |||
| Srirani Sati Infra Stemtech Private Limited | ₹36.5 Cr (FY 2021) | 58.0% | Patna, Bihar, India | |||
| Ritika Industries Limitedthis company | ₹36.5 Cr (FY 2019) | ₹18.26 Lakh | 0.5% | 40.0% | Rourkela, Odisha, India | |
| Gunjan Alloys Private Limited | ₹36.38 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Chetan Overseas Delhi Private Limited | ₹36.29 Cr (FY 2021) | -46.0% | Delhi, India | |||
| Arkay Ispat Private Limited | ₹36.19 Cr (FY 2024) | -10.0% | Chennai, Tamil Nadu, India | |||
| Aditya Metacast Private Limited | ₹36.08 Cr (FY 2025) | -2.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Ritika Industries Limited, buy the company report.
Auditor
Ritika Industries Limited is audited by G MAHAPATRA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G MAHAPATRA & CO | FY 2019 | 303056E |
Shareholding
The shareholding of Ritika Industries Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ritika Industries Limited, buy the company report.
Legal cases
Ritika Industries Limited has 5 court cases on record: 3 filed by Ritika Industries, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against The Commissioner of Commercial Taxes and Goods and Services Tax , Cuttack | Disposed |
| High Court of Orissa | Writ petition | Filed by the company against The Commissioner of Commercial Taxes and Goods and Services Tax , Odisha,Cuttack | Disposed |
| District court, Cuttack, Orissa | Court case (2 (c)cc) | Filed against the company by The Registrar of Companies, Orissa | Disposed |
| District court, Cuttack, Orissa | Court case (2 (c)cc) | Filed against the company by The Registrar Companies, Orissa | Disposed |
| High Court | Writ petition | Filed by the company against State of Jharkhand and Ors | Disposed |
To see the full case history of Ritika Industries 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
No delayed payments to MSME suppliers are on our record for Ritika Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ritika Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AADCR0078F1ZU | Odisha | Active | 22 Sep 2017 |
To see the full GST registrations and return filing status of Ritika Industries Limited, buy the company report.
Recent activity
Ritika Industries Limited has 5 board changes on record since 2005: 3 appointments and 2 cessations. The latest: Ashok Kumar Guru was appointed as Director on 23 May 2020.
Frequently asked questions
Ritika Industries is an active public limited company based in Rourkela, Odisha, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 18 May 2005 (21+ years old) and is registered under CIN U27102OR2005PLC008165.
Ritika Industries has 3 current directors:
- Ashok Kumar Guru - Director
- Ram Chand Shaw - Director
- Narendra Chand - Director
The latest financial statements of Ritika Industries on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Ritika Industries is 21AADCR0078F1ZU, registered in Odisha.
The CIN (Corporate Identification Number) of Ritika Industries is U27102OR2005PLC008165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritika Industries has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.
Ritika Industries was incorporated on 18 May 2005, making it 21+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Ritika Industries by revenue are Hamy Steel Private Limited, Jain India Steelcoorp Private Limited, Srirani Sati Infra Stemtech Private Limited, Gunjan Alloys Private Limited, Chetan Overseas Delhi Private Limited and 2 more, all in the Metals and Minerals industry (Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Ashok Kumar Guru was appointed as Director on 23 May 2020. Santosh Shaw ceased to be Director on 23 May 2020. Prince Singh Chhabra ceased to be Director on 05 Mar 2009. Ritika Industries has 5 board changes on record in total.
The registered office of Ritika Industries is at Orampara Uditnagar, Rourkela, Odisha, India – 769012.
Ritika Industries operates in the metals and minerals industry, in the metal retail and distribution segment.