MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-08-0007303
Ritika Systems Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹67.58 Cr
▲ 41% YoY
Net profit · FY 2024
₹59.56 Lakh
Net margin 0.9%
EBITDA · FY 2024
₹2.06 Cr
EBITDA margin 3.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹34.09 Lakh
Issued & subscribed
Open charges
₹26.61 Cr
Satisfied ₹1.7 Cr
Company age
41 yrs
Est. 1985
Employees · EPFO
47
Provident fund records
About Ritika Systems Private Limited
Data last updated:
Ritika Systems Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 26 July 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1985PTC021579. Its GSTIN is 08AAACR0232Q1ZA (Rajasthan). The company holds 8 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹34.09 Lakh. It is led by directors including Surekha Agnihotri and Samarth Wadhwa.
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 Shop No – 6 Morland 42 Lsc Dda Near Budh Bazar Subzimandi Kalka Ji, New Delhi, Delhi, India – 110019.
As per the financials filed for FY 2024, the company reported a revenue of ₹67.58 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹59.56 Lakh (net margin 0.9%) and EBITDA of ₹2.06 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
The company has about 47 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ritika Systems. As per MCA filings, the company has open charges of ₹26.61 Cr and satisfied charges of ₹1.7 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it; 2 cases are pending.
Ritika Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-08-0007303). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ritikasystems.in.
Company details
CIN U74899DL1985PTC021579
Registration Number 021579
Incorporation Date 26 July 1985
ROC Delhi
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-DL-08-0007303
Recognitions & Rankings of Ritika Systems
Contact details
Ritika Systems Private Limited's registered office is in New Delhi, Delhi. Its website is ritikasystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressShop No – 6 Morland 42 Lsc Dda Near Budh Bazar Subzimandi Kalka Ji, New Delhi, Delhi, India – 110019
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Ritika Systems Private Limited, buy the company report.
Comprehensive company report
Ritika Systems 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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Brands
Ritika Systems operates one associated brand: Ritika Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality solar panels for various applications. | ritikasystems.in |
Business activity
The main business activities of Ritika Systems are manufacturing, trade and professional, scientific and technical. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment, wholesale trading and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Ritika Systems Private Limited, buy the company report.
Financials of Ritika Systems Private Limited
FY 2024 filings availableRitika Systems Private Limited reported revenue of ₹67.58 Cr (up 41% YoY) for FY 2024.
Revenue · FY 2024
₹67.58 Cr ▲ 41%
Net profit · FY 2024
₹59.56 Lakh margin 0.9%
EBITDA · FY 2024
₹2.06 Cr margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 41%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 47%
5 years · compounded
▲ 63%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 41% growth in the latest year. EBITDA rose 47% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.56 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Systems Private Limited, buy the company report.
Board of directors of Ritika Systems Private Limited
Ritika Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surekha Agnihotri Also directs: Lumivolt Tech Solar Private Limited | Director | 19 Sep 2024 | 2 Years 1 Months | Current |
| Samarth Wadhwa | Director | 12 Jan 2015 | 11 Years 9 Months | Current |
| Vrinda Wadhwa | Director | 14 Jun 2025 | 1 Years 4 Months | Current |
Peer comparison
Ritika Systems Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 |
|---|---|---|---|---|---|---|
| SJ Engineers Renewable Energy Private Limited | ₹68.22 Cr (FY 2025) | 48.0% | Dindigul, Tamil Nadu, India | |||
| Sundak Solar Solutions Private Limited | ₹67.86 Cr (FY 2025) | 380.0% | Noida, Uttar Pradesh, India | |||
| Ritika Systems Private Limitedthis company | ₹67.58 Cr (FY 2024) | ₹59.56 Lakh | 0.9% | 41.0% | 47 | New Delhi, Delhi, India |
| Sys Electromac Private Limited | ₹67.26 Cr (FY 2025) | 51.0% | Hyderabad, Telangana, India | |||
| Dudhat Industries Private Limited | ₹66.72 Cr (FY 2025) | 3.0% | Bakrol, Gujarat, India |
To see the full peer comparison of Ritika Systems Private Limited, buy the company report.
Auditor
Ritika Systems Private Limited is audited by R. K. Sachdev & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R. K. Sachdev & Associates | FY 2023 | 017511N |
Shareholding
The shareholding of Ritika Systems 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ritika Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹26.61 Cr
Satisfied charges
₹1.7 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2025 | 101194309 | Indian Bank | ₹1.8 Cr | Open | |
| 03 Jun 2025 | 101112765 | Indian Bank | ₹1.91 Cr | Open | |
| 17 Jan 2022 | 100524835 | Indian Bank | ₹55 Lakh | Open | |
| 27 Jun 2020 | 100363767 | Indian Bank | ₹1.05 Cr | Open | |
| 20 Jan 2014 | 10477950 | Indian Bank | ₹21.3 Cr | Open |
To see the full charge records of Ritika Systems Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ritika Systems Private Limited has 7 court cases on record: 6 filed by Ritika Systems, 1 filed against it. 2 cases are pending and 5 are disposed.
Total cases
7
Filed by the company
6
Filed against the company
1
Pending
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Writ petition | Filed by the company against Easy Photovoltech P Ltd. Solar Cottage Meerut Road Duhai and 1 other | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against Chairman, Rajasthan Micro and Small Enterprises Facilitation Council | Pending |
| High Court | Writ petition | Filed by the company against Chairman, Rajasthan Micro and Small Enterprises Facilitation Council and 1 other | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed by the company against an individual | Disposed |
| District court, South, Delhi | Criminal case | Filed by the company against an individual | Disposed |
To see the full case history of Ritika Systems 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.
Credit ratings & regulatory alerts
Ritika Systems Private Limited was last rated by Acuite on 21 Aug 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Acuite | 21 Aug 2026 |
To see the full credit ratings and regulatory alerts of Ritika Systems Private Limited, buy the company report.
MSME payment delays
Ritika Systems Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 105 overdue payments to 33 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 33)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Rksa Corporate Solutions Private Limited | |||
| Abacus Printers and Packers Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ritika Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Ritika Systems Private Limited has a workforce of 47 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
47
Active EPFO establishments
2
Employee growth
-4.08%
GST
Ritika Systems has 8 GST registrations: 2 active and 6 cancelled or inactive.
Total GSTINs
8
Active
2
Cancelled / inactive
6
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAACR0232Q1ZA | Rajasthan | Active | 01 Jul 2017 |
| 09AAACR0232Q2Z7 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ritika Systems Private Limited, buy the company report.
Recent activity
Ritika Systems Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Vrinda Wadhwa ceased to be Additional Director on 29 Sep 2025.
Charges
A charge with Indian Bank amounted to Rs. 180.00 Lakh with Charge ID 101194309 was registered on 03 Dec 2025.
Ceased
Vrinda Wadhwa ceased to be Additional Director.
Appointed
Vrinda Wadhwa was appointed as Director.
Charges
A charge with Indian Bank amounted to Rs. 191.00 Lakh with Charge ID 101112765 was registered on 03 Jun 2025.
Charges
A charge with Indian Bank of Rs. 2,130.00 Lakh registered on 20 Jan 2014 with Charge ID 10477950 was modified on 15 May 2025.
Ceased
Ashok Kumar Wadhwa ceased to be Director.
AGM
Ritika Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Surekha Agnihotri ceased to be Additional Director.
Appointed
Surekha Agnihotri was appointed as Director.
Filing
Ritika Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Indian Bank amounted to Rs. 55.00 Lakh with Charge ID 100524835 was registered on 17 Jan 2022.
Charges
A charge with Indian Bank amounted to Rs. 105.00 Lakh with Charge ID 100363767 was registered on 27 Jun 2020.
11 earlier events are in the company report.
Frequently asked questions
Ritika Systems is an active private limited company based in New Delhi, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 26 July 1985 (41+ years old) and is registered under CIN U74899DL1985PTC021579.
Ritika Systems has 3 current directors:
- Surekha Agnihotri - Director
- Samarth Wadhwa - Director
- Vrinda Wadhwa - Director
The latest financial statements of Ritika Systems 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 Ritika Systems is 08AAACR0232Q1ZA, registered in Rajasthan. The company has 8 GST registrations in all, of which 2 are active and 6 are cancelled or inactive. Other active GSTINs include 09AAACR0232Q2Z7 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ritika Systems is U74899DL1985PTC021579. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ritika Systems has 7 court cases on record: 6 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Ritika Systems was incorporated on 26 July 1985, making it 41+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Ritika Systems by revenue are SJ Engineers Renewable Energy Private Limited, Sundak Solar Solutions Private Limited, Sys Electromac Private Limited, Dudhat Industries Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Vrinda Wadhwa ceased to be Additional Director on 29 Sep 2025. Vrinda Wadhwa was appointed as Director on 14 Jun 2025. Ashok Kumar Wadhwa ceased to be Director on 01 Nov 2024. Ritika Systems has 9 board changes on record in total.
Yes, Ritika Systems is registered as a small enterprise under Udyam registration (number: UDYAM-DL-08-0007303).
Ritika Systems has 2 MSME Form 1 returns on record between 2019 and 2021, listing 105 overdue payments to 33 micro and small suppliers. The latest return was filed on 30 Apr 2021.
Ritika Systems can be reached through the website ritikasystems.in. Its registered office is in New Delhi, Delhi, India.
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