About Rittal Private Limited
Data last updated:
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 70 filed by the company and 12 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 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 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 of Rittal Private Limited
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 of Rittal Private Limited
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 with Rittal Private Limited
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 available
Rittal Private Limited reported revenue of ₹57.06 Cr (up 43% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Rittal Private Limited
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 of Rittal Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 of Rittal Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| 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 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
Verified entity values are shown only after access is granted.
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 of Rittal Private Limited
Rittal Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). 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 |
| L&T - Mhi Power Boilers Private Limited | ₹956.02 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Mumbai, Maharashtra, 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 |
| Gas Point Bottling Private Limited | ₹872.51 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Sulzer India Private Limited | ₹848.99 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Kondhapuri, Maharashtra, India |
| Nesco Limited Listed | ₹845.67 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, 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 five companies nearest above and the five nearest below Rittal by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Rittal Private Limited
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 |
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.
Ownership and Shareholding of Rittal 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 Rittal Private Limited
Rittal Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Rittal Private Limited
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 |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Rittal Private Limited
Rittal Private Limited has 89 court cases on record: 70 filed by Rittal, 12 filed against it, 7 where it is another party. 6 cases are pending and 83 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 68 | 5 | 4 |
| High courts | 21 | 7 | 2 |
Cases on record (5 of 89)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Paradigm Electric Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Siemac Engineering Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Paradigm Electric Private Limited | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed by the company against Powerwind Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against I-Logicon Control Automation Private Limited | Disposed |
Full case history
All 89 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 Rittal Private Limited
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 | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 29 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.
Employees and EPFO Compliance at Rittal Private Limited
Rittal Private Limited has a workforce of 846 employees as of Dec 31, 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.
Group Structure of Rittal Private Limited
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 on Rittal Private Limited
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 for Rittal 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 Rittal 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 Rittal Private Limited
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 |
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 Rittal 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.
Related news about Rittal Private Limited
Frequently Asked Questions about Rittal Private Limited
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 reported revenue of ₹57.06 Cr for FY 2026 (up 43% YoY).
Rittal has 3 current directors:
- Ajay Bhargava - Managing Director
- Volker Neitz - Director
- Thomas Wandres - Director
Rittal reported a net profit of ₹1.5 Cr (net margin 2.6%) and EBITDA of ₹2.4 Cr (EBITDA margin 4.2%) for FY 2026, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rittal is -59% over three years and -37% over five years. In the latest year (FY 2026) revenue rose 43%. CAGR is the steady yearly rate that links the first and the last year.
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: 70 filed by the company and 12 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, L&T - Mhi Power Boilers Private Limited, Xylem Water Solutions India Private Limited, Idmc Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).
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.