Ronit Mercantile Private Limited
About Ronit Mercantile Private Limited
Data last updated:
Ronit Mercantile Private Limited is a private limited company based in Kandivlai West, Maharashtra, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 17 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51109MH2008PTC180180.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ritesh Padamchand Burad and Vijaykumar Gopaldas Daga.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Kandivlai West, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹21,300, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹1,332 (net margin 6.3%) and EBITDA of ₹1,800 (EBITDA margin 8.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 44% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ronit Mercantile Private Limited's registered office is in Kandivlai West, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressOffice No.101 Munisuvrat Apartment, Mathuradas Road Kandivali – West, Kandivlai West, Maharashtra, India – 400067
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Ronit Mercantile Private 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 Ronit Mercantile is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Ronit Mercantile Private Limited, buy the company report.
Financials of Ronit Mercantile Private Limited
FY 2025 filings availableRonit Mercantile Private Limited reported revenue of ₹21,300 (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 10% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 44%. EBITDA rose 13% 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 |
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| EBITDA | ₹1,800 | ||||
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| Net Profit (PAT) | ₹1,332 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.5% | ||||
| Net Profit Margin | 6.3% | ||||
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To see the full financial statements and ratios of Ronit Mercantile Private Limited, buy the company report.
Board of directors of Ronit Mercantile Private Limited
Ronit Mercantile has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritesh Padamchand Burad Also directs: NBP Automation Private Limited | Director | 01 Sep 2023 | 3 Years 2 Months | Current |
| Vijaykumar Gopaldas Daga | Director | 01 Oct 2022 | 4 Years 1 Months | Current |
Peer comparison
Ronit Mercantile Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Erova Healthcare Private Limited | ₹22,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Vishwaraj Trademart Private Limited | ₹21,943 (FY 2025) | 15.0% | Delhi, India | |||
| Decibels Audio Private Limited | ₹21,900 (FY 2025) | -98.0% | Mysore, Karnataka, India | |||
| Templar Hawks Confederate Private Limited | ₹21,833 (FY 2025) | 178.0% | Bangalore, Karnataka, India | |||
| MCC Marketing Private Limited | ₹21,660 (FY 2023) | New Delhi, Delhi, India | ||||
| Ronit Mercantile Private Limitedthis company | ₹21,300 (FY 2024) | ₹1,332 | 6.3% | 10.0% | Kandivlai West, Maharashtra, India | |
| Allcone Gokart E-Commerce Private Limited | ₹21,150 (FY 2025) | -17.0% | Kottayam, Kerala, India | |||
| Maithili Mercantile Private Limited | ₹21,039 (FY 2025) | -80.0% | Kolkata, West Bengal, India | |||
| Dresico Fashion and Apparels Private Limited | ₹21,038 (FY 2025) | -40.0% | Pune, Maharashtra, India | |||
| Zeotech Infra Private Limited | ₹21,001 (FY 2025) | -100.0% | Delhi, India | |||
| Linton Management Services Private Limited | ₹21,000 (FY 2025) | -50.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ronit Mercantile Private Limited, buy the company report.
Auditor
Ronit Mercantile Private Limited is audited by S D CHANDAK & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S D CHANDAK & CO | FY 2020 | 101657W |
Shareholding
The shareholding of Ronit Mercantile Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ronit Mercantile Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ronit Mercantile Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ronit Mercantile Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Ronit Mercantile Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Ronit Mercantile Private Limited has 16 board changes on record since 2010: 2 appointments and 14 cessations. The latest: Mayur Panchal ceased to be Director on 01 Sep 2023.
7 earlier events are in the company report.
Frequently asked questions
Ronit Mercantile is an active private limited company based in Kandivlai West, Maharashtra, India. The company works in wholesale, within the trading industry. It was incorporated on 17 March 2008 (18+ years old) and is registered under CIN U51109MH2008PTC180180.
Ronit Mercantile has 2 current directors:
- Ritesh Padamchand Burad - Director
- Vijaykumar Gopaldas Daga - Director
The latest financial statements of Ronit Mercantile on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Ronit Mercantile is U51109MH2008PTC180180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ronit Mercantile was incorporated on 17 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ronit Mercantile by revenue are Erova Healthcare Private Limited, Vishwaraj Trademart Private Limited, Decibels Audio Private Limited, Templar Hawks Confederate Private Limited, MCC Marketing Private Limited and 5 more, all in the same principal business activity (wholesale trade, except of motor vehicles and motorcycles).
Mayur Panchal ceased to be Director on 01 Sep 2023. Ritesh Padamchand Burad was appointed as Director on 01 Sep 2023. Vijaykumar Gopaldas Daga was appointed as Director on 01 Oct 2022. Ronit Mercantile has 16 board changes on record in total.
The registered office of Ronit Mercantile is at Office No.101 Munisuvrat Apartment, Mathuradas Road Kandivali – West, Kandivlai West, Maharashtra, India – 400067.
Ronit Mercantile operates in the trading industry, in the wholesale segment.
The compliance status of Ronit Mercantile is compliant as of 02 July 2026. The company is actively filing with the Registrar of Companies.
Ronit Mercantile can be reached at its registered office: Office No.101 Munisuvrat Apartment, Mathuradas Road Kandivali – West, Kandivlai West, Maharashtra, India – 400067.
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