Racl Geartech Profile
Key Indicators
- Authorised Capital ₹ 20.00 Cr
- Paid Up Capital ₹ 10.78 Cr
- Company Age 41 Year, 6 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 405.17 Cr
- Satisfied Charges ₹ 74.21 Cr
- Revenue Growth 33.53%
- Profit Growth 56.39%
- Ebitda 42.63%
- Net Worth 27.46%
- Total Assets 26.50%
About Racl Geartech
Racl Geartech Limited (RGL) is a leading Public Limited Indian Non-Government Company incorporated in India on 14 July 1983 and has a history of 41 years and six months. Its registered office is in South Delhi, Delhi, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 520073.
The Corporate was formerly known as Raunaq Bearings Limited. The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 10.78 Cr.
The company currently has active open charges totaling ₹405.17 Cr. The company has closed loans amounting to ₹74.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Racl Geartech Limited India are Jitender Jain as CFO and Neha Bahal as Company Secretary. Gursharan Singh, Anil Sharma, Malini Bansal, and Four other members serve as directors at the Company.
Company Details
- Location
South Delhi, Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L34300DL1983PLC016136
- Company No.
016136
- Stock Symbol
BSE : 520073
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
14 Jul 1983
- Date of AGM
19 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Delhi
Industry
What products or services does Racl Geartech Limited offer?
Racl Geartech Limited offers a wide range of products and services, including Sheet Metal & Turned Components, Machine Parts, Gearbox, Axle, Sprocket & Gear Parts, Industrial Gears, CNC Machined Components, Precision Machined Components, Sprockets, Industrial Sprockets, Gear Shafts, Industrial Gearboxes.
Who are the key members and board of directors at Racl Geartech?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gursharan Singh  | Managing Director | 23-Aug-2002 | Current |
| Jitender Jain | CFO | Current | |
| Neha Bahal | Company Secretary | 22-May-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shashank Anikhindi | Director | 27-May-2017 | Current |
| Jagdish Keswani | Director | 11-Nov-2019 | Current |
| Harinderpal Bedi | Director | 29-Jun-2020 | Current |
| Anil Sharma | Director | 19-May-2006 | Current |
| Malini Bansal | Director | 13-Aug-2021 | Current |
| Narinder Kaur | Director | 31-Jan-2015 | Current |
Financial Performance of Racl Geartech.
Racl Geartech Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.53% increase. The company also saw a substantial improvement in profitability, with a 56.39% increase in profit. The company's net worth Soared by an impressive increase of 27.46%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Racl Geartech?
In 2023, Racl Geartech had a promoter holding of 53.38% and a public holding of 46.61%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Veanco Automotives Private LimitedShashank Anikhindi is a mutual person
Jalpac India LimitedAnil Sharma is a mutual person
- Ukr Industries Limited
Anil Sharma is a mutual person
- Aadhar Infosystems Private Limited
Narinder Kaur is a mutual person
- Northern India Pickleball Sports Private Limited
Harinderpal Bedi is a mutual person
Charges (Loans)
₹405.17 Cr
₹74.21 Cr
Charges Breakdown by Lending Institutions
- Others : 98.15 Cr
- Citi Bank N.A. : 79.50 Cr
- Bank Of India : 74.81 Cr
- Standard Chartered Bank : 68.00 Cr
- Yes Bank Limited : 46.99 Cr
- Others : 37.72 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Feb 2024 | Bank Of India | ₹1.93 M | Open |
| 03 Feb 2024 | Bank Of India | ₹1.90 M | Open |
| 23 Nov 2023 | Bank Of India | ₹1.50 M | Open |
| 09 Nov 2023 | Bank Of India | ₹1.50 M | Open |
| 26 Jul 2023 | Bank Of India | ₹3.90 M | Open |
How Many Employees Work at Racl Geartech?
Racl Geartech has a workforce of 765 employees as of Apr 09, 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 Racl Geartech, 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 Racl Geartech'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.
