Raasi Refractories Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 4.71 Cr
- Company Age 43 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- 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 two 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 2023. 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, Venkanna Konda, Soujanya 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 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
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.
Who are the key members and board of directors at Raasi Refractories?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitin Pugalia | Company Secretary | 14-Nov-2020 | Current |
| Subrahmanya Sistla | CFO | 05-Apr-2021 | Current |
Laxmaiah Konda  | Managing Director | 28-Mar-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Silumula | Director | 07-Oct-2017 | Current |
| Venkanna Konda | Director | 23-Jun-2018 | Current |
| Soujanya Konda | Director | 23-Jun-2018 | Current |
| Rajendra Kandikattu | Nominee Director | 17-Sep-2012 | Current |
| Satyanarayana Kapuganti | Director | 07-Oct-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Restile Ceramics LimitedRajendra Kandikattu is a mutual person
M V Agrotech Private LimitedNitin Pugalia is a mutual person
- Hamirpur Byepass Private Limited
Nitin Pugalia is a mutual person
- Ramlaxman Parboiled Rice Private Limited.
Laxmaiah Konda is a mutual person
- Sri Rama E.P.S. Products Private Limited
Laxmaiah Konda is a mutual person
- Nalgonda Warehousing Private Limited
Laxmaiah Konda is a mutual person
Charges (Loans)
₹69.34 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2023 | Others | ₹2.03 M | Open |
| 03 Feb 2022 | Indian Bank | ₹1.00 Cr | Open |
| 16 Mar 2020 | Others | ₹28.00 Cr | Open |
| 01 Feb 2017 | Others | ₹19.40 Cr | Open |
| 03 Nov 2015 | Srei Equipment Finance Limited | ₹20.74 Cr | Open |
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.
Deals i
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
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
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.
