Radix Electrosystems Pvt Ltd

Manufacturer of industrial process instrumentation and automation solutions for various industries.

1987 | Andheri West, Maharashtra (India) | Active
Last Updated: July 31, 2024

Radix Electrosystems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.48 M
  • Company Age 37 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.10 Cr
  • Satisfied Charges ₹ 46.55 Cr
  • Revenue Growth 7.85%
  • Profit Growth 52.40%
  • Ebitda 30.40%
  • Net Worth 23.26%
  • Total Assets 18.87%

About Radix Electrosystems

Radix Electrosystems Pvt Ltd (REPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 August 1987 and has a history of 37 years and six months. Its registered office is in Andheri West, Maharashtra, India.

The Company is engaged in the Information Technology 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 0.50 M and a paid-up capital of Rs 0.48 M.

The company currently has active open charges totaling ₹12.10 Cr. The company has closed loans amounting to ₹46.55 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sameer Shah, Ravi Varma, and Kinnari Shah serve as directors at the Company.

Company Details

  • Location

    Andheri West, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    radix.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U32109MH1987PTC044460

  • Company No.

    044460

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Aug 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Radix Electrosystems Pvt Ltd offer?

Radix Electrosystems Pvt Ltd offers a wide range of products and services, including Switches & Switch Boxes, Level Switches, VFD, PLC, HMI & Control Equipments, Transmitter Device, Measuring Equipments & Instruments, Digital Counters, Security AlArms, Detectors & Devices, Security Alarm Systems, Inverters, UPS and Converters, Electric Converters.

Who are the key members and board of directors at Radix Electrosystems?

Executive Team (1)

NameDesignationAppointment DateStatus
Sameer Shah Country flag representing In Managing Director24-Aug-1987Current

Board Members (2)

NameDesignationAppointment DateStatus
Ravi Varma Country flag representing In Director 01-Feb-2010Current
Kinnari Shah Country flag representing In Director 26-Mar-2015Current

Financial Performance of Radix Electrosystems.

Radix Electrosystems Pvt Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 7.85% increase. The company also saw a substantial improvement in profitability, with a 52.4% increase in profit. The company's net worth Soared by an impressive increase of 23.26%.

Graph illustrating revenue growth over time
Graph showing 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
7.85%
Revenue from Operations
8.10%
Total Assets
18.87%
Profit or Loss
52.40%
Net Worth
23.26%
EBITDA
30.40%

What is the Ownership and Shareholding Structure of Radix Electrosystems?

In 2023, Radix Electrosystems had a promoter holding of 80.01% and a public holding of 19.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹120.97 M

Satisfied Charges

₹465.50 M

Charges Breakdown by Lending Institutions

  • Citi Bank N.A. : 12.00 Cr
  • Maharashtra State Financial Corporation : 0.10 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2017Citi Bank N.A.₹12.00 CrOpen
07 Jun 1991Maharashtra State Financial Corporation₹0.97 MOpen
29 Dec 2018Others₹29.00 CrSatisfied
13 Aug 2018The Hongkong And Shanghai Banking Corporation Limited₹8.00 CrSatisfied
11 Jul 2018The Hongkong And Shanghai Banking Corporation Limited₹5.00 MSatisfied

How Many Employees Work at Radix Electrosystems?

Radix Electrosystems has a workforce of 445 employees as of Apr 08, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Radix Electrosystems, 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 Radix Electrosystems'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 Radix Electrosystems

Recent activity within the organization

  • Annual General Meeting

    Radix Electrosystems Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge registered on 29 Dec 2018 via Charge ID 100239704 with Others was fully satisfied on 08 Jun 2023.

    08 Jun 2023

  • Charges

    A charge registered on 13 Aug 2018 via Charge ID 100243230 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Apr 2023.

    03 Apr 2023

  • Charges

    A charge registered on 11 Jul 2018 via Charge ID 100243231 with The Hongkong And Shanghai Banking Corporation Limited was fully satisfied on 03 Apr 2023.

    03 Apr 2023

  • Balance Sheet

    Radix Electrosystems Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 80.00 M registered on 13 Aug 2018 with Charge ID 100243230 was modified on 13 Dec 2019.

    13 Dec 2019

Frequently asked questions

  • Radix Electrosystems Pvt Ltd was incorporated on 24 Aug 1987.

  • The authorized share capital of Radix Electrosystems Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.48 M.

  • Currently 3 directors are associated with Radix Electrosystems Pvt Ltd.

    • Sameer Harsukh Shah
    • Ravi Rama Varma
    • Kinnari Sameer Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Radix Electrosystems Pvt Ltd is B18 2Nd Floor Ghanshyam Industrial Estate Off Veera Desai Road, Andheri West, Maharashtra, India, 400053.

  • The corporate identification number (CIN) of Radix Electrosystems Pvt Ltd is U32109MH1987PTC044460 and the company number is 044460 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Radix Electrosystems Pvt Ltd is https://www.radix.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Radix Electrosystems Pvt Ltd has risen by 7.85%.

  • As Per 2023 financial reports, 445 employees are currently employed by Radix Electrosystems Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Radix Electrosystems Pvt Ltd has experienced an upsurge of 23.26%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Radix Electrosystems Pvt Ltd amount to ₹ 12.10 Cr.

  • The most recent Balance Sheet for Radix Electrosystems Pvt Ltd was filed with the ROC on 31 Mar 2023.

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