Rajasthan Explosives And Chemicals Limited

Founded in 1979 and headquartered in Maharashtra, India.

1979 | Nagpur, Maharashtra (India) | Active
Last Updated: October 24, 2024

Rajasthan Explosives And Chemicals Profile

Key Indicators

  • Authorised Capital ₹ 65.00 Cr
  • Paid Up Capital ₹ 59.74 Cr
  • Company Age 45 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.00 Cr
  • Satisfied Charges ₹ 29.89 Cr
  • Revenue Growth 17.07%
  • Profit Growth -50.31%
  • Ebitda 120.33%
  • Net Worth -313.55%
  • Total Assets -40.38%

About Rajasthan Explosives And Chemicals

Rajasthan Explosives And Chemicals Limited (REACL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 April 1979 and has a history of 45 years and ten months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the Chemicals 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 65.00 Cr and a paid-up capital of Rs 59.74 Cr.

The company currently has active open charges totaling ₹4.00 Cr. The company has closed loans amounting to ₹29.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rajasthan Explosives And Chemicals Limited India are Dhanushree Chachada as CFO and Shreya Agrawal as Company Secretary. Dilip Patel, Madhu Vij, Sanjay Singh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    reclindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24292MH1979PLC409419

  • Company No.

    148278

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 1979

  • Date of AGM

    10 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals

Who are the key members and board of directors at Rajasthan Explosives And Chemicals?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanjay Deogaonkar Managing Director19-Jan-2024Current
Dhanushree Chachada CFO09-Jan-2024Current
Shreya Agrawal Company Secretary09-Jan-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Dilip Patel Country flag representing In Director 11-Jan-2024Current
Madhu Vij Country flag representing In Director 13-Jan-2024Current
Sanjay Singh Country flag representing In Director 09-Jan-2024Current
Someshwar Mundhada Country flag representing In Director 09-Jan-2024Current
Rakesh Sharma Country flag representing In Whole-Time Director 20-Mar-2023Current
Ashish Srivastava Country flag representing In Director 09-Jan-2024Current

Financial Performance of Rajasthan Explosives And Chemicals.

Rajasthan Explosives And Chemicals Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.07% increase. The company also saw a substantial fall in profitability, with a 50.31% decrease in profit. The company's net worth observed a substantial decline by a decrease of 313.55%.

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
17.07%
Revenue from Operations
16.82%
Total Assets
-40.38%
Profit or Loss
-50.31%
Net Worth
-313.55%
EBITDA
120.33%

What is the Ownership and Shareholding Structure of Rajasthan Explosives And Chemicals?

In 2023, Rajasthan Explosives And Chemicals had a promoter holding of 95.48% and a public holding of 4.52%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 Cr

Satisfied Charges

₹29.89 Cr

Charges Breakdown by Lending Institutions

  • Industrial Development Bank Of India : 3.50 Cr
  • Life Insurance Corporation Of India : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
13 Oct 1983Industrial Development Bank Of India₹5.00 MOpen
22 Aug 1983Life Insurance Corporation Of India₹2.50 MOpen
22 Aug 1983Life Insurance Corporation Of India₹2.50 MOpen
19 Apr 1983Industrial Development Bank Of India₹3.00 CrOpen
23 Feb 2007State Bank Of Bikaner & Jaipur₹2.61 CrSatisfied

How Many Employees Work at Rajasthan Explosives And Chemicals?

Rajasthan Explosives And Chemicals has a workforce of 171 employees as of Mar 28, 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 Rajasthan Explosives And Chemicals, 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 Rajasthan Explosives And Chemicals'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 Rajasthan Explosives And Chemicals

Recent activity within the organization

  • Annual General Meeting

    Rajasthan Explosives And Chemicals Limited last Annual general meeting of members was held on 10 Jul 2024 as per latest MCA records.

    10 Jul 2024

  • Balance Sheet

    Rajasthan Explosives And Chemicals Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Sanjay Sharadrao Deogaonkar was appointed as a Managing Director was appointed as a Managing Director on 19 Jan 2024 & has been associated with this company since 1 year 1 month .

    19 Jan 2024

  • Director Appointment

    Madhu Vij was appointed as a Director was appointed as a Director on 13 Jan 2024 & has been associated with this company since 1 year 1 month .

    13 Jan 2024

  • Director Appointment

    Dilip Keshavlal Patel was appointed as a Director was appointed as a Director on 11 Jan 2024 & has been associated with this company since 1 year 1 month .

    11 Jan 2024

  • Director Appointment

    Sanjay Singh was appointed as a Director was appointed as a Director on 09 Jan 2024 & has been associated with this company since 1 year 1 month .

    09 Jan 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Rajasthan Explosives And Chemicals Limited was incorporated on 12 Apr 1979.

  • The authorized share capital of Rajasthan Explosives And Chemicals Limited is ₹ 65.00 Cr and paid-up capital is ₹ 59.74 Cr.

  • Currently 9 directors are associated with Rajasthan Explosives And Chemicals Limited.

    • Dilip Keshavlal Patel
    • Madhu Vij
    • Sanjay Singh
    • Someshwar Lonkaran Mundhada
    • Rakesh Sharma
    • Ashish Kumar Srivastava
    • Sanjay Sharadrao Deogaonkar
    • Dhanushree Dinesh Chachada
    • Shreya Ajay Agrawal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rajasthan Explosives And Chemicals Limited is Plot No 11, Zade Layout Bharat Nagar India, Nagpur, Maharashtra, 440033.

  • The corporate identification number (CIN) of Rajasthan Explosives And Chemicals Limited is U24292MH1979PLC409419 and the company number is 148278 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rajasthan Explosives And Chemicals Limited is https://www.reclindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rajasthan Explosives And Chemicals Limited has risen by 17.07%.

  • As Per 2023 financial reports, 171 employees are currently employed by Rajasthan Explosives And Chemicals Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rajasthan Explosives And Chemicals Limited has experienced an downturn of -313.55%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rajasthan Explosives And Chemicals Limited amount to ₹ 4.00 Cr.

  • The most recent Balance Sheet for Rajasthan Explosives And Chemicals Limited was filed with the ROC on 31 Mar 2024.

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