About RSB Castings Limited
Data last updated:
RSB Castings Limited was a public limited company based in Bhubaneshwar, Orissa, India, operated as a subsidiary of Rsb Transmissions (I) Ltd. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 01 February 2011.
The company was registered with the Registrar of Companies (ROC), Cuttack, under CIN U27100OR2011PLC013085. Its GSTIN is 21AAFCR1482F1ZQ (Odisha).
The company had an authorised share capital of ₹85 Cr and a paid-up capital of ₹83.3 Cr. It was formerly known as Rsb Casting Limited. It was led by directors including Nishit Behera and Ranen Chatterjee.
Its last annual general meeting (AGM) was held on 28 August 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at N – 2/40 Irc Village Nayapalli, Bhubaneshwar, Orissa, India – 751015.
As per the financials filed for FY 2019, the company reported a revenue of ₹47.1 Cr, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹24.93 Cr (net margin -52.9%) and EBITDA of -₹10.4 Cr (EBITDA margin -22.1%). Revenue has grown at a compounded annual rate (CAGR) of 104% over three years.
The company had about 78 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹28.96 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in July 2013. Its 10 peer companies in the Manufacturing industry (Die Casting) are compared by revenue, 5 larger and 5 smaller; the largest is Utkal Mouldings Pvt Ltd.
The last known website on record is rsbglobal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressN – 2/40 Irc Village Nayapalli, Bhubaneshwar, Orissa, India – 751015
- IndustryManufacturing, Die Casting & Metal Forming
- 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
Business Activity of RSB Castings Limited
The main business activity of RSB Castings is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of RSB Castings Limited FY 2019 filings available
RSB Castings Limited reported revenue of ₹47.1 Cr (up 33% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of RSB Castings Limited
Revenue has grown at a compounded annual rate (CAGR) of 104% over three years, including 33% growth in the latest year. EBITDA rose 3% 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 RSB Castings Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹47.1 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹10.4 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹24.93 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 RSB Castings Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -52.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| 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 RSB Castings 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.
Peer Comparison of RSB Castings Limited
RSB Castings Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Die Casting). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Utkal Mouldings Pvt Ltd | •••• | •••• | •••• | •••• | 156 | Kolkata, West Bengal, India |
| Neetu Yoshi Limited | •••• | •••• | •••• | •••• | 31 | Dehradun, Uttarakhand, India |
| Parucco Foundry Private Limited | •••• | •••• | •••• | •••• | 83 | Hooghly, West Bengal, India |
| Turbo Cast (India) Private Limited | •••• | •••• | •••• | •••• | - | Rajkot, Gujarat, India |
| Innova Techno Products Private Limited | •••• | •••• | •••• | •••• | - | Ballabgarh, Haryana, India |
| RSB Castings Limited this company | •••• | •••• | •••• | •••• | - | Bhubaneshwar, Orissa, India |
| Ramkrishna Foundry Private Limited | •••• | •••• | •••• | •••• | - | Kolhapur, Maharashtra, India |
| Sri Bhavani Castings Ltd | •••• | •••• | •••• | •••• | - | Kakinada, Andhra Pradesh, India |
| Vedanta Metacast Private Limited | •••• | •••• | •••• | •••• | 60 | Pune, Maharashtra, India |
| Atlas Castalloy Limited | •••• | •••• | •••• | •••• | 68 | Mumbai, Maharashtra, India |
| Shree Steel Casting (Private) Limited | •••• | •••• | •••• | •••• | - | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below RSB Castings by revenue in the Manufacturing industry (Die Casting), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of RSB Castings Limited
RSB Castings Limited is audited by SHARP & TANNAN ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHARP & TANNAN 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.
Board of Directors and KMP of RSB Castings Limited
RSB Castings Limited currently reports 3 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishit Behera Also directs: Mdhatu Private Limited, I-Design Engineering Solutions Limited, RSB Transmissions (I) Ltd and 3 more | Director | 19 Dec 2011 | 14 Years 9 Months | As last reported |
| Ranen Chatterjee Also directs: Rajyog Warehousing and Logistics LLP | Director | 16 Jun 2014 | 12 Years 3 Months | As last reported |
| Guru Prasad Banerjee Also directs: Padmaabati Devi Multispeciality Hospital Private Limited | Cfo | 01 Apr 2018 | 8 Years 6 Months | As last reported |
| Omkar Nath Mohanty | Director | 29 Sep 2015 | 11 Years 0 Months | As last reported |
Ownership and Shareholding of RSB Castings 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 RSB Castings Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2011 | Punjab National Bank | ₹28.96 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of RSB Castings Limited
RSB Castings Limited has 1 deal on record (1 secondary share transfer); the latest was in July 2013.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2013 | Secondary share transfer | Undisclosed | Buyer: RSB Transmissions (I) Limited & Rajnikant Bahera, RSB Transmissions (I) Limited & Nishant Narendra Behera, RSB Transmissions (I) Limited & Nishit Behera Seller: 3 individuals |
Full deal history
All 1 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.
Employees and EPFO Compliance at RSB Castings Limited
Employment history and EPFO contributions of people linked to RSB Castings.
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.
Recent Activity on RSB Castings Limited
RSB Castings Limited has 12 board changes on record since 2011: 4 appointments and 8 cessations. The latest: Sailendra Kumar Behera ceased to be Managing Director on 01 Jul 2020.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for RSB Castings 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.
MSME Payment Delays by RSB Castings Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of RSB Castings 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 RSB Castings Limited
RSB Castings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCR1482F1ZQ | Odisha | 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 RSB Castings 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.
Frequently Asked Questions about RSB Castings Limited
RSB Castings has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
RSB Castings was a public limited company based in Bhubaneshwar, Orissa, India. The company worked in die casting and metal forming, within the manufacturing industry. It was incorporated on 01 February 2011 and is registered under CIN U27100OR2011PLC013085. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
RSB Castings was incorporated on 01 February 2011. It is registered with the Registrar of Companies, Cuttack.
RSB Castings had 4 directors and KMP:
- Nishit Behera - Director
- Ranen Chatterjee - Director
- Omkar Nath Mohanty - Director
- Guru Prasad Banerjee - Cfo
The CIN (Corporate Identification Number) of RSB Castings is U27100OR2011PLC013085. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of RSB Castings is at N – 240 Irc Village Nayapalli, Bhubaneshwar, Orissa, India – 751015.
RSB Castings can be reached through the website rsbglobal.com. Its registered office is in Bhubaneshwar, Orissa, India.
RSB Castings reported revenue of ₹47.1 Cr for FY 2019 (up 33% YoY).
RSB Castings has an authorised share capital of ₹85 Cr and a paid-up capital of ₹83.3 Cr.
RSB Castings reported a net loss of ₹24.93 Cr (net margin -52.9%) and EBITDA of -₹10.4 Cr (EBITDA margin -22.1%) for FY 2019, as per its filed financial statements.
The GSTIN of RSB Castings is 21AAFCR1482F1ZQ, registered in Odisha.