About Rittal Private Limited
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Rittal Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Rittal Gmbh & Co.Kg. It operates in the industrial packaging solutions segment of the packaging sector. It was incorporated on 16 May 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31100KA1994PTC015641. Its GSTIN is 29AAACR7927A1ZF (Karnataka). The company holds 12 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹65 Cr and a paid-up capital of ₹65 Cr. It was formerly known as Rittal Bir Private Limited and Rittal India Private Limited. It is led by directors including Ajay Bhargava (Managing Director) and Volker Neitz.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at #23 & 24 KIADB Industrial Area Doddaballapur, Bangalore, Karnataka, India – 561203.
As per the financials filed for FY 2026, the company reported a revenue of ₹57.06 Cr, a growth of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.5 Cr (net margin 2.6%) and EBITDA of ₹2.4 Cr (EBITDA margin 4.2%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years and 37% over five years.
The company has about 846 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Rittal. Court records list 89 cases involving the company, including 73 filed by the company and 16 filed against it; 6 cases are pending. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹42.67 Cr; the latest was in March 2009. Its 7 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 4 larger and 3 smaller; the largest is Hyva (India) Private Limited with revenue of ₹987.41 Cr. The company has 29 MSME Form 1 returns on record between 2017 and 2024, listing 8,599 overdue payments to 180 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rittal.com.
Name History
Rittal has undergone 2 name changes throughout its history. The company was previously known as Rittal Bir Private Limited, and Rittal India Private Limited. The current legal name is Rittal Private Limited.
| Company Name | Status |
|---|---|
| Rittal Private Limited | Current |
| Rittal Bir Private Limited | Previous |
| Rittal India Private Limited | Previous |
CIN History
Rittal has one previous CIN (Corporate Identification Number): U03110KA1994PTC015641. The current CIN is U31100KA1994PTC015641, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31100KA1994PTC015641 | Current |
| U03110KA1994PTC015641 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#23 & 24 KIADB Industrial Area Doddaballapur, Bangalore, Karnataka, India – 561203
- IndustryPackaging, Industrial Packaging Solutions
- 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
Associated Brands
Rittal operates one associated brand: Rittal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Modular data centers and IT infrastructure solutions are provided. | rittal.com |
Financials of Rittal Private Limited
FY 2024 filings availableRittal Private Limited reported revenue of ₹57.06 Cr (up 43% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 43% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA fell 38% 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 2025-26 | FY 2021-22 to FY 2024-25in the company report |
|---|---|---|
| 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 | ₹2.4 Cr | |
| Profit Before Tax | •••• | |
| Tax Expense | •••• | |
| Net Profit (PAT) | ₹1.5 Cr | |
| 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 2025-26 | FY 2021-22 to FY 2024-25in the company report |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 4.2% | |
| Net Profit Margin | 2.6% | |
| 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, and every line for FY 2021-22 to FY 2024-25, 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 Rittal 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
Board of Directors of Rittal Private Limited
Rittal has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Volker Neitz Also directs: Eplan Software Private Limited | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Thomas Wandres Also directs: Eplan Software Private Limited | Director | 30 Jun 2017 | 9 Years 3 Months | Current |
| Ajay Bhargava | Managing Director | 01 Jun 2011 | 15 Years 4 Months | Current |
Peer Comparison
Rittal Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport 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 |
|---|---|---|---|---|---|---|
| Hyva (India) Private Limited | ₹987.41 Cr (FY 2022) | •••• | •••• | 22.0% | •••• | Navi Mumbai, Maharashtra, India |
| Idex India Private Limited | ₹958.65 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Savli, Gujarat, India |
| Xylem Water Solutions India Private Limited | ₹886.43 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Savli, Gujarat, India |
| Idmc Limited | ₹882 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Anand, Gujarat, India |
| Svarn Infratel Private Limited | ₹875.56 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | New Delhi, Delhi, India |
| Sulzer India Private Limited | ₹848.99 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kondhapuri, Maharashtra, India |
| Mettler-Toledo India Private Limited | ₹802.36 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| Rittal Private Limited this company | ₹57.06 Cr (FY 2026) | •••• | •••• | 43.0% | •••• | Bangalore, Karnataka, India |
Peers are the companies nearest to Rittal by revenue, above and below it, in the Machinery and Equipment industry (Industrial Products Manufacturers), 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. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details
Rittal Private Limited is audited by L K S S & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| L K S S & Associates | Locked | Locked | Locked |
: available in the company report
Ownership and Shareholding
: available in the company report
Charges & Borrowings
Rittal Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding
Rittal Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹42.67 Cr; the latest was in March 2009.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2009 | Funding round | ₹25.93 Cr | Investors: Rittal GmbH & Co.KG |
| Apr 2007 | Funding round | ₹16.74 Cr | Investors: Rittal GmbH & Co.KG |
: available in the company report
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases
Rittal Private Limited has 89 court cases on record: 73 filed by Rittal, 16 filed against it. 6 cases are pending and 83 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 7 | 4 |
| High courts | 21 | 9 | 2 |
Cases on record (5 of 89)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Paradigm Electric Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Siemac Engineering Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. Paradigm Electric Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. I Logicon Control Automation Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S. I Logicon Control Automation Pvt Ltd | Disposed |
: available in 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
Rittal Private Limited has 29 MSME Form 1 returns on record between 2017 and 2024, listing 8,599 overdue payments to 180 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 180)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pretech Plast Private Limited | •••• | •••• | •••• |
| Trimurti Stainlink Equipments Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Ven-Gree Metal Punch Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
: available in the company report
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
Rittal Private Limited has a workforce of 846 employees as of Dec 31, 2024.
: available in the company report
Group Structure
Rittal has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Recent Activity
Rittal Private Limited has 10 board changes on record since 2009: 3 appointments and 7 cessations. The latest: Armin Peter Federer ceased to be Director on 14 Jul 2017.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Rittal has 12 GST registrations: 8 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACR7927A1ZF | Karnataka | Active | 01 Jul 2017 |
| 06AAACR7927A1ZN | Haryana | Active | 01 Jul 2017 |
| 19AAACR7927A1ZG | West Bengal | Active | 01 Jul 2017 |
| 24AAACR7927A1ZP | Gujarat | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Related news
Frequently Asked Questions
Rittal is an active private limited company based in Bangalore, Karnataka, India. The company works in industrial packaging solutions, within the packaging industry. It was incorporated on 16 May 1994 (32+ years old) and is registered under CIN U31100KA1994PTC015641.
Rittal has 3 current directors:
- Ajay Bhargava - Managing Director
- Volker Neitz - Director
- Thomas Wandres - Director
The latest financial statements of Rittal on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Rittal is 29AAACR7927A1ZF, registered in Karnataka. The company has 12 GST registrations in all, of which 8 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAACR7927A1ZN (Haryana), 19AAACR7927A1ZG (West Bengal), 24AAACR7927A1ZP (Gujarat).
The CIN (Corporate Identification Number) of Rittal is U31100KA1994PTC015641. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rittal has 89 court cases on record: 73 filed by the company and 16 filed against it. 6 are pending. Most are in the district courts.
Rittal was incorporated on 16 May 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Rittal has 2 deals on record (2 funding rounds), with disclosed funding of ₹42.67 Cr; the latest was in March 2009.
The peers of Rittal by revenue are Hyva (India) Private Limited, Idex India Private Limited, Xylem Water Solutions India Private Limited, Idmc Limited, Svarn Infratel Private Limited and 2 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Armin Peter Federer ceased to be Director on 14 Jul 2017. Dieter Heinz Scherz ceased to be Director on 14 Jul 2017. Thomas Wandres was appointed as Director on 30 Jun 2017. Rittal has 10 board changes on record in total.
Rittal has 29 MSME Form 1 returns on record between 2017 and 2024, listing 8,599 overdue payments to 180 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Rittal can be reached through the website rittal.com. Its registered office is in Bangalore, Karnataka, India.