Raasi Refractories Ltd.

Founded in 1981 and headquartered in Telangana, India.

1981 | Hyderabad, Telangana (India) | Active
Last Updated:

Raasi Refractories Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.71 Cr
  • Company Age 43 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 69.34 Cr
  • Satisfied Charges ₹ 56.24 Cr
  • Revenue Growth -6.07%
  • Profit Growth -24.89%
  • Ebitda 9.84%
  • Net Worth 5.97%
  • Total Assets 4.16%

About Raasi Refractories

Raasi Refractories Ltd. (RRL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 December 1981 and has a history of 43 years and four months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502271.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 4.71 Cr.

The company currently has active open charges totaling ₹69.34 Cr. The company has closed loans amounting to ₹56.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Raasi Refractories Ltd. India are Nitin Pugalia as COMPANY SECRETARY and Subrahmanya Sistla as Cfo. Suresh Silumula, Satyanarayana Kapuganti, Venkanna Konda, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L26920TG1981PLC003339

  • Company No.

    003339

  • Stock Symbol

    BSE : 502271

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1981

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Manufacturing

What products or services does Raasi Refractories Ltd. offer?

Raasi Refractories Ltd. offers a wide range of products and services, including Insulating Castables, Detergent, Liquid Detergent, Ramming Mass, Nozzle Filling Compound, Refractory Bricks, General Refractories, Resins, Polyester Resins, Gunning Mass.

Company report

Raasi Refractories Ltd.

Explore comprehensive data for Raasi Refractories Ltd., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Raasi Refractories?

Executive Team (3)

NameDesignationAppointment DateStatus
Nitin Pugalia Company Secretary14-Nov-2020Current
Subrahmanya Sistla CFO05-Apr-2021Current
Laxmaiah Konda Country flag representing In Managing Director28-Mar-2022Current

Board Members (5)

NameDesignationAppointment DateStatus
Suresh Silumula Country flag representing In Director 07-Oct-2017Current
Satyanarayana Kapuganti Country flag representing In Director 07-Oct-2017Current
Venkanna Konda Country flag representing In Director 23-Jun-2018Current
Soujanya Konda Country flag representing In Director 23-Jun-2018Current
Rajendra Kandikattu Country flag representing In Nominee Director 17-Sep-2012Current

Financial Performance of Raasi Refractories.

Raasi Refractories Ltd., for the financial year ended 2023, experienced Minor drop in revenue, with a 6.07% decrease. The company also saw a substantial fall in profitability, with a 24.89% decrease in profit. The company's net worth moved up by a moderate rise of 5.97%.

Raasi Refractories revenue growth over time
Raasi Refractories profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-6.07%
Revenue from Operations
-6.09%
Total Assets
4.16%
Profit or Loss
-24.89%
Net Worth
5.97%
EBITDA
9.84%

What is the Ownership and Shareholding Structure of Raasi Refractories?

In 2023, Raasi Refractories had a promoter holding of 50.74% and a public holding of 49.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹69.34 Cr

Satisfied Charges

₹56.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 47.60 Cr
  • Srei Equipment Finance Limited : 20.74 Cr
  • Indian Bank : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
22 Feb 2023Others₹2.03 MOpen
03 Feb 2022Indian Bank₹1.00 CrOpen
16 Mar 2020Others₹28.00 CrOpen
01 Feb 2017Others₹19.40 CrOpen
03 Nov 2015Srei Equipment Finance Limited₹20.74 CrOpen

How Many Employees Work at Raasi Refractories?

Raasi Refractories has a workforce of 97 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Raasi Refractories Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Raasi Refractories, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Raasi Refractories's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Raasi Refractories

Recent activity within the organization

  • Annual General Meeting

    Raasi Refractories Ltd. last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Raasi Refractories Ltd. has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 0.20 Cr with Charge ID 100721380 was registered on 22 Feb 2023.

  • Director Appointment

    Laxmaiah Konda was appointed as a Managing Director was appointed as a Managing Director on 28 Mar 2022 & has been associated with this company since 3 years 1 month .

  • Charges

    A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 100553095 was registered on 03 Feb 2022.

  • Director Appointment

    Subrahmanya Sastry Sistla was appointed as a Cfo was appointed as a Cfo on 05 Apr 2021 & has been associated with this company since 4 years 29 days .

Frequently asked questions

  • What is the Incorporation or founding date of Raasi Refractories Ltd.?

    Raasi Refractories Ltd. was incorporated on 24 Dec 1981.

  • What is authorized share capital and paid-up capital of Raasi Refractories Ltd.?

    The authorized share capital of Raasi Refractories Ltd. is ₹ 15.00 Cr and paid-up capital is ₹ 4.71 Cr.

  • Who are the current board members & directors of Raasi Refractories Ltd.?

    Currently 8 directors are associated with Raasi Refractories Ltd..

    • Suresh Silumula
    • Nitin Kumar Pugalia
    • Subrahmanya Sastry Sistla
    • Satyanarayana Kapuganti
    • Venkanna Konda
    • Soujanya Konda
    • Laxmaiah Konda
    • Rajendra Prasad Kandikattu

  • What is the registered address of Raasi Refractories Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Raasi Refractories Ltd. is 15-145/9 Kodandaram Nagar Saroor Nagar, Near Sarada Talkies India, Hyderabad, Telangana, 500060.

  • What is the corporate identification number (CIN) and company number of Raasi Refractories Ltd.?

    The corporate identification number (CIN) of Raasi Refractories Ltd. is L26920TG1981PLC003339 and the company number is 003339 as per Ministry of Corporate Affairs (MCA).

  • Is Raasi Refractories Ltd. registered with any stock exchange in India?

    Yes, Raasi Refractories Ltd. is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Raasi Refractories Ltd.?

    The Official website of Raasi Refractories Ltd. is https://www.raasi.in

  • What has been the recent revenue trend for Raasi Refractories Ltd.?

    According to the financial reports for the fiscal year 2023, the revenue trend for Raasi Refractories Ltd. has fallen by -6.07%.

  • How many employees does Raasi Refractories Ltd. currently have?

    As Per 2023 financial reports, 97 employees are currently employed by Raasi Refractories Ltd..

  • What change has been observed in the net worth of Raasi Refractories Ltd., and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Raasi Refractories Ltd. has experienced an upsurge of 5.97%.

  • What are the total open charges for Raasi Refractories Ltd.?

    As per the financial statements for fiscal Year 2023, The total open charges for Raasi Refractories Ltd. amount to ₹ 69.34 Cr.

  • When was the last Balance Sheet of Raasi Refractories Ltd. filed with the ROC?

    The most recent Balance Sheet for Raasi Refractories Ltd. was filed with the ROC on 31 Mar 2024.

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