Royalline Resources Limited
About Royalline Resources Limited
Data last updated:
Royalline Resources Limited is a public limited company based in Dahanu, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 11 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1994PLC080290. Its GSTIN is 27AAACS8226M1ZZ (Maharashtra). The company holds 9 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.35 Cr. It was formerly known as Sacvinam Exports Private Limited and Royalline Resources Private Limited. It is led by directors including Sushil Kumar Jain and Suman Vipin Doshi.
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 Dahanu, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.6 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹39.52 Lakh (net margin 8.6%) and EBITDA of ₹68.67 Lakh (EBITDA margin 14.9%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 49% over five years.
The company is associated with 1 brand: Royalline Technologies. As per MCA filings, the company has satisfied charges of ₹295 Cr on record. Court records list 21 cases involving the company, including 14 filed by the company and 7 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Royalline Resources has undergone 2 name changes throughout its history. The company was previously known as Sacvinam Exports Private Limited, and Royalline Resources Private Limited. The current legal name is Royalline Resources Limited.
| Company Name | Status |
|---|---|
| Royalline Resources Limited | Current |
| Sacvinam Exports Private Limited | Previous |
| Royalline Resources Private Limited | Previous |
CIN history
Royalline Resources has one previous CIN (Corporate Identification Number): U51900MH1994PTC080290. The current CIN is U51900MH1994PLC080290, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1994PLC080290 | Current |
| U51900MH1994PTC080290 | Previous |
Contact details
Royalline Resources Limited's registered office is in Dahanu, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressProperty No – 501000513, Near Pratap Shah Compound, Dahanu, Maharashtra, India – 401602
- IndustryMetals and Minerals, Materials Retail & Distribution, Metal Retail & Distribution
To see the full contact details of Royalline Resources 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
Brands
Royalline Resources operates one associated brand: Royalline Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online retailer specializing in smartphones, gadgets, accessories, and electronics sales. | royalline.ng |
Business activity
The main business activity of Royalline Resources 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 Royalline Resources Limited, buy the company report.
Financials of Royalline Resources Limited
FY 2024 filings availableRoyalline Resources Limited reported revenue of ₹4.6 Cr (up 38% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 38% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 49%. EBITDA rose 58% 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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| Total Expenses | |||||
| EBITDA | ₹68.67 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹39.52 Lakh | ||||
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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 | 14.9% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Royalline Resources Limited, buy the company report.
Board of directors of Royalline Resources Limited
Royalline Resources has 3 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sushil Kumar Jain Also directs: Ass Builders LLP, Solidedge Constructions Private Limited, Nahar Green Conwoods Limited and 5 more | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
| Suman Vipin Doshi | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| Vinod Jain Also directs: Solidedge Constructions Private Limited, Nahar Green Conwoods Limited, NPR Consultants Private Limited and 5 more | Director | 12 Apr 2019 | 7 Years 6 Months | Current |
Peer comparison
Royalline Resources Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Agro Retail and Distribution, Materials Retail and Distribution, 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 |
|---|---|---|---|---|---|---|
| Montexo Agritech Solutions Private Limited | ₹4.61 Cr (FY 2024) | 55.0% | Sri Ganganagar, Rajasthan, India | |||
| Katyayani Mahamaye Products Private Limited | ₹4.61 Cr (FY 2020) | 126.0% | Bangalore, Karnataka, India | |||
| Viram International Private Limited | ₹4.61 Cr (FY 2024) | -50.0% | Mumbai, Maharashtra, India | |||
| Royalline Resources Limitedthis company | ₹4.6 Cr (FY 2024) | ₹39.52 Lakh | 8.6% | 38.0% | Dahanu, Maharashtra, India | |
| Aarti Poultry Feeds Private Limited | ₹4.59 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Aniruddha Enterprises Private Limited | ₹4.59 Cr (FY 2024) | -23.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Royalline Resources Limited, buy the company report.
Auditor
Royalline Resources Limited is audited by JAIN & CHOPRA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN & CHOPRA | FY 2023 | 126166W |
Shareholding
The shareholding of Royalline Resources 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Royalline Resources Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2016 | 100023937 | Bank of India | ₹45 Cr | Satisfied | |
| 18 Jul 2014 | 10522259 | Bank of India | ₹80 Cr | Satisfied | |
| 18 Jul 2014 | 10522150 | Bank of India | ₹80 Cr | Satisfied | |
| 21 May 2011 | 10295873 | Bank of India | ₹45 Cr | Satisfied | |
| 01 Jan 2010 | 10201946 | Bank of India | ₹45 Cr | Satisfied |
To see the full charge records of Royalline Resources Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Royalline Resources Limited has 21 court cases on record: 14 filed by Royalline Resources, 7 filed against it. 6 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 16 | 4 | 4 |
| District courts | 5 | 3 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed by the company against Nahar Courtyard LLP and 4 others | Pending |
| District court, Howrah, West Bengal | Court case (2.Money Suit) | Filed against the company by Sparsh Baldev Exports Private Limited | Pending |
| High Court, MAHARASHTRA | Commercial suit | Filed by the company against Nahar Courtyard LLP and 4 others | Disposed |
| District court, South Goa, Goa | Arbitration matter | Filed against the company by Sudar Industries Ltd., | Disposed |
| District court, South Goa, Goa | Criminal miscellaneous application | Filed against the company by Sudar Industries Limited | Disposed |
To see the full case history of Royalline Resources 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
Royalline Resources Limited was last rated by Care on 02 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 02 Nov 2021 |
To see the full credit ratings and regulatory alerts of Royalline Resources Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Royalline Resources Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Royalline Resources has 9 GST registrations: 3 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS8226M1ZZ | Maharashtra | Active | 01 Jul 2017 |
| 24AAACS8226M1Z5 | Gujarat | Active | 01 Jul 2017 |
| 30AAACS8226M1ZC | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Royalline Resources Limited, buy the company report.
Recent activity
Royalline Resources Limited has 21 board changes on record since 2007: 4 appointments and 17 cessations. The latest: Sachin Amrit Nahar ceased to be Director on 19 Feb 2023.
26 earlier events are in the company report.
Frequently asked questions
Royalline Resources is an active public limited company based in Dahanu, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 11 August 1994 (32+ years old) and is registered under CIN U51900MH1994PLC080290.
Royalline Resources has 3 current directors:
- Sushil Kumar Jain - Director
- Suman Vipin Doshi - Director
- Vinod Jain - Director
The latest financial statements of Royalline Resources 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 Royalline Resources is 27AAACS8226M1ZZ, registered in Maharashtra. The company has 9 GST registrations in all, of which 3 are active and 6 are cancelled or inactive. Other active GSTINs include 24AAACS8226M1Z5 (Gujarat), 30AAACS8226M1ZC (Goa).
The CIN (Corporate Identification Number) of Royalline Resources is U51900MH1994PLC080290. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Royalline Resources has 21 court cases on record: 14 filed by the company and 7 filed against it. 6 are pending. Most are in the high courts.
Royalline Resources was incorporated on 11 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Royalline Resources by revenue are Montexo Agritech Solutions Private Limited, Katyayani Mahamaye Products Private Limited, Viram International Private Limited, Aarti Poultry Feeds Private Limited, Aniruddha Enterprises Private Limited, all in the Metals and Minerals industry (Agro Retail and Distribution, Materials Retail and Distribution, Metal Retail and Distribution), with the same principal business activity (wholesale trading).
Sachin Amrit Nahar ceased to be Director on 19 Feb 2023. Harit Hemendrabhai Desai ceased to be Additional Director on 05 Feb 2020. Amrit Kachardas Nahar ceased to be Additional Director on 14 Oct 2019. Royalline Resources has 21 board changes on record in total.
The registered office of Royalline Resources is at Property No – 501000513, Near Pratap Shah Compound, Dahanu, Maharashtra, India – 401602.
Royalline Resources operates in the metals and minerals industry, in the materials retail and distribution segment.