Racl Geartech Limited

Manufacturer of transmission gears and shafts for automotive and industrial applications, with global exports.

1983 | Delhi (India) | Active
Last Updated:

Racl Geartech Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 10.78 Cr
  • Company Age 41 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 460.43 Cr
  • Satisfied Charges ₹ 76.63 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 nine months. Its registered office is in Delhi, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 520073.

The Corporate was formerly known as Raunaq Automotive Components 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 2024. 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 ₹460.43 Cr. The company has closed loans amounting to ₹76.63 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

    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

    11 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Delhi

Industry

Automotive

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.

Company report

Racl Geartech Limited

Explore comprehensive data for Racl Geartech Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Racl Geartech?

Executive Team (3)

NameDesignationAppointment DateStatus
Gursharan Singh Country flag representing In Managing Director23-Aug-2002Current
Jitender Jain CFO17-Nov-2023Current
Neha Bahal Company Secretary22-Jun-2023Current

Board Members (6)

NameDesignationAppointment DateStatus
Shashank Anikhindi Country flag representing In Director 27-May-2017Current
Jagdish Keswani Country flag representing In Director 11-Nov-2019Current
Harinderpal Bedi Country flag representing In Director 29-Jun-2020Current
Anil Sharma Country flag representing In Director 19-May-2006Current
Malini Bansal Country flag representing In Director 13-Aug-2021Current
Narinder Kaur Country flag representing In Director 31-Jan-2015Current

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%.

Racl Geartech revenue growth over time
Racl Geartech 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
33.53%
Revenue from Operations
32.08%
Total Assets
26.50%
Profit or Loss
56.39%
Net Worth
27.46%
EBITDA
42.63%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹460.43 Cr

Satisfied Charges

₹76.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 95.88 Cr
  • State Bank Of India : 80.00 Cr
  • Citi Bank N.A. : 79.50 Cr
  • Bank Of India : 79.34 Cr
  • Standard Chartered Bank : 71.00 Cr
  • Others : 54.71 Cr

Latest Charge Details

DateLenderAmountStatus
06 Feb 2024Bank Of India₹1.93 MOpen
03 Feb 2024Bank Of India₹1.90 MOpen
09 Nov 2023Bank Of India₹1.50 MOpen
26 Jul 2023Bank Of India₹3.90 MOpen
26 Jul 2023Bank Of India₹4.10 MOpen

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.

Employee growth trends for Racl Geartech Limited

Deals i

Graph showing company valuation over time

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

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 Racl Geartech

Recent activity within the organization

  • Charges

    A charge with Standard Chartered Bank of Rs. 28.00 Cr registered on 05 Nov 2020 with Charge ID 100412245 was modified on 29 Jan 2025.

  • Charges

    A charge registered on 23 Nov 2023 via Charge ID 100822693 with Bank Of India was fully satisfied on 09 Dec 2024.

  • Charges

    A charge registered on 26 Aug 2020 via Charge ID 100369760 with Others was fully satisfied on 24 Sep 2024.

  • Annual General Meeting

    Racl Geartech Limited last Annual general meeting of members was held on 11 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Yes Bank Limited of Rs. 46.99 Cr registered on 21 Jul 2022 with Charge ID 100606163 was modified on 29 Jul 2024.

  • Charges

    A charge with Bank Of India of Rs. 62.07 Cr registered on 21 Apr 2010 with Charge ID 10221731 was modified on 03 Jul 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Racl Geartech Limited?

    Racl Geartech Limited was incorporated on 14 Jul 1983.

  • What is authorized share capital and paid-up capital of Racl Geartech Limited?

    The authorized share capital of Racl Geartech Limited is ₹ 20.00 Cr and paid-up capital is ₹ 10.78 Cr.

  • Who are the current board members & directors of Racl Geartech Limited?

    Currently 9 directors are associated with Racl Geartech Limited.

    • Gursharan Singh
    • Anil Sharma
    • Malini Bansal
    • Jagdish Keswani
    • Narinder Paul Kaur
    • Harinderpal Singh Bedi
    • Shashank Ramesh Anikhindi
    • Jitender Jain
    • Neha Bahal

  • What is the registered address of Racl Geartech Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Racl Geartech Limited is 15Th Floor Eros Corporate Tower, Nehru Place India, New Delhi, 110019.

  • What is the corporate identification number (CIN) and company number of Racl Geartech Limited?

    The corporate identification number (CIN) of Racl Geartech Limited is L34300DL1983PLC016136 and the company number is 016136 as per Ministry of Corporate Affairs (MCA).

  • Is Racl Geartech Limited registered with any stock exchange in India?

    Yes, Racl Geartech Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Racl Geartech Limited?

    The Official website of Racl Geartech Limited is https://www.raclgeartech.com

  • What has been the recent revenue trend for Racl Geartech Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Racl Geartech Limited has risen by 33.53%.

  • How many employees does Racl Geartech Limited currently have?

    As Per 2023 financial reports, 765 employees are currently employed by Racl Geartech Limited.

  • What change has been observed in the net worth of Racl Geartech Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Racl Geartech Limited has experienced an upsurge of 27.46%.

  • What are the total open charges for Racl Geartech Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Racl Geartech Limited amount to ₹ 460.43 Cr.

  • When was the last Balance Sheet of Racl Geartech Limited filed with the ROC?

    The most recent Balance Sheet for Racl Geartech Limited was filed with the ROC on 31 Mar 2024.

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