MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-20-0000937
Thales Reliance Defence Systems Limited - aerospace, maritime and defense in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹360.33 Cr
▲ 64% YoY
Net profit · FY 2026
₹31.33 Cr
Net margin 8.7%
EBITDA · FY 2026
₹40.61 Cr
EBITDA margin 11.3%
Authorised capital
₹37.82 Cr
Registered with MCA
Paid-up capital
₹28.57 Cr
Issued & subscribed
Company age
8 yrs
Est. 2018
Employees · EPFO
28
Provident fund records
Directors on board
4
As per MCA filings
About Thales Reliance Defence Systems Limited
Data last updated:
Thales Reliance Defence Systems Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Reliance Aerostructure Limited. It operates in the defence accessories and components segment of the aerospace, maritime and defence sector. It was incorporated on 01 March 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29305MH2018PLC305829. Its GSTIN is 27AAGCT6436J1ZY (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹37.82 Cr and a paid-up capital of ₹28.57 Cr. It is led by directors including Sadacharam Ramasamy and Rajesh Kumar Dhingra.
Its last annual general meeting (AGM) was held on 10 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 502 Plot No. 91 – 94 Prabhat Colony Santacruz (East), Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2026, the company reported a revenue of ₹360.33 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹31.33 Cr (net margin 8.7%) and EBITDA of ₹40.61 Cr (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 46% over three years and 36% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Reliance Group. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹27.56 Cr; the latest was in July 2019.
Thales Reliance Defence Systems Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-20-0000937). For more details, the company can be reached via its website relianceada.com.
Company details
CIN U29305MH2018PLC305829
Registration Number 305829
Incorporation Date 01 March 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 June 2026
Date of Balance Sheet 31 March 2026
Parent Company Reliance Aerostructure Limited
MSME Classification Medium
Udyam Registration UDYAM-MH-20-0000937
Recognitions & Rankings of Thales Reliance Defence Systems
Contact details
Thales Reliance Defence Systems Limited's registered office is in Mumbai, Maharashtra. Its website is relianceada.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address502 Plot No. 91 – 94 Prabhat Colony Santacruz (East), Mumbai, Maharashtra, India – 400055
- IndustryAerospace, Maritime and Defense, Defence Accessories & Components
To see the full contact details of Thales Reliance Defence Systems Limited, buy the company report.
Comprehensive company report
Thales Reliance Defence Systems Limited - one report that includes everything
- 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
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Brands
Thales Reliance Defence Systems operates one associated brand: Reliance Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Reliance Group is engaged in power, infrastructure, and healthcare sectors. | reliancegroupindia.com |
Business activity
The main business activity of Thales Reliance Defence Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Thales Reliance Defence Systems Limited, buy the company report.
Financials of Thales Reliance Defence Systems Limited
FY 2026 filings availableThales Reliance Defence Systems Limited reported revenue of ₹360.33 Cr (up 64% YoY) for FY 2026.
Revenue · FY 2026
₹360.33 Cr ▲ 64%
Net profit · FY 2026
₹31.33 Cr margin 8.7%
EBITDA · FY 2026
₹40.61 Cr margin 11.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 64%
3 years · compounded
▲ 46%
5 years · compounded
▲ 36%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 11%
5 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 36% over five years, including 64% growth in the latest year. EBITDA rose 57% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹360.33 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹40.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31.33 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.3% | ||||
| Net Profit Margin | 8.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Thales Reliance Defence Systems Limited, buy the company report.
Board of directors of Thales Reliance Defence Systems Limited
Thales Reliance Defence Systems has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadacharam Ramasamy Also directs: Reliance Helicopters Limited, Reliance Land Systems Limited, Reliance Defence Systems & Tech Limited and 5 more | Director | 12 Sep 2025 | 1 Years 1 Months | Current |
| Rajesh Kumar Dhingra Also directs: Reliance Infrastructure Limited, Dassault Reliance Aerospace Limited, Reliance Airport Developers Limited and 5 more | Director | 01 Mar 2018 | 8 Years 8 Months | Current |
| Alok Malik Anand | Director | 12 Sep 2025 | 1 Years 1 Months | Current |
| Alexis Francois Roland Dalem Also directs: Thales India Private Limited | Director | 09 Nov 2023 | 2 Years 11 Months | Current |
Auditor
Thales Reliance Defence Systems Limited is audited by S. N. Dhawan & Co LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. N. Dhawan & Co LLP | FY 2026 | 000050N/N500045 |
Shareholding
The shareholding of Thales Reliance Defence Systems Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Thales Reliance Defence Systems Limited, buy the company report.
Deals & funding
Thales Reliance Defence Systems Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹27.56 Cr; the latest was in July 2019.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹27.56 Cr
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2019 | Funding round | ₹27.56 Cr | Investors: Reliance Aerostructure Limited , Thales India Private Limited |
| Sep 2018 | Rights issue | ₹1 Cr | Investors: Reliance Aerostructure Limited , Thales India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Thales Reliance Defence Systems 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 Thales Reliance Defence Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Thales Reliance Defence Systems has 1 joint venture. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Joint ventures
Employees & EPFO
Thales Reliance Defence Systems Limited has a workforce of 28 employees on its EPFO records as of Nov 05, 2024, across 1 active EPFO establishment.
Employee count
28
Active EPFO establishments
1
Employee growth
27.27%
GST
Thales Reliance Defence Systems has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCT6436J1ZY | Maharashtra | Active | 08 Oct 2018 |
| 27AAGCT6436J2ZX | Maharashtra | Active | 03 Dec 2018 |
To see the full GST registrations and return filing status of Thales Reliance Defence Systems Limited, buy the company report.
Recent activity
Thales Reliance Defence Systems Limited has 13 board changes on record since 2018: 4 appointments and 9 cessations. The latest: Alok Malik Anand was appointed as Director on 12 Sep 2025.
AGM
Thales Reliance Defence Systems Limited last Annual general meeting of members was held on 10 Jun 2026 as per latest MCA records.
Filing
Thales Reliance Defence Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Alok Malik Anand was appointed as Director.
Appointed
Sadacharam Ramasamy was appointed as Director.
Appointed
Alexis Francois Roland Dalem was appointed as Director.
Ceased
Angarai Natarajan Sethuraman ceased to be Additional Director.
Ceased
Anthony Jesudasan ceased to be Additional Director.
Ceased
Tina Anil Ambani ceased to be Additional Director.
Ceased
Jai Anshul Anil Ambani ceased to be Director.
Ceased
Prem Chand Jain ceased to be Ceo(Kmp).
Ceased
Jean Francois Henrio ceased to be Additional Director.
Ceased
Dominique Giannoni ceased to be Additional Director.
4 earlier events are in the company report.
News
Frequently asked questions
Thales Reliance Defence Systems is an active public limited company based in Mumbai, Maharashtra, India. The company works in defence accessories and components, within the aerospace, maritime and defense industry. It was incorporated on 01 March 2018 (8+ years old) and is registered under CIN U29305MH2018PLC305829.
Thales Reliance Defence Systems has 4 current directors:
- Sadacharam Ramasamy - Director
- Rajesh Kumar Dhingra - Director
- Alok Malik Anand - Director
- Alexis Francois Roland Dalem - Director
The latest financial statements of Thales Reliance Defence Systems on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 June 2026. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Thales Reliance Defence Systems is 27AAGCT6436J1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCT6436J2ZX (Maharashtra).
The CIN (Corporate Identification Number) of Thales Reliance Defence Systems is U29305MH2018PLC305829. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Thales Reliance Defence Systems was incorporated on 01 March 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Thales Reliance Defence Systems has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹27.56 Cr; the latest was in July 2019.
Alok Malik Anand was appointed as Director on 12 Sep 2025. Sadacharam Ramasamy was appointed as Director on 12 Sep 2025. Alexis Francois Roland Dalem was appointed as Director on 09 Nov 2023. Thales Reliance Defence Systems has 13 board changes on record in total.
Yes, Thales Reliance Defence Systems is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-20-0000937).
Thales Reliance Defence Systems can be reached through the website relianceada.com. Its registered office is in Mumbai, Maharashtra, India.
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