Rashmi Cement Limited

Manufactures cement, sponge iron, ferroalloys, and has a captive power plant in West Bengal.

1991 | Midnapore, West Bengal (India) | Active
Last Updated:

Rashmi Cement Profile

Key Indicators

  • Authorised Capital ₹ 1,000.00 Cr
  • Paid Up Capital ₹ 470.46 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 756.59 Cr
  • Satisfied Charges ₹ 1,856.77 Cr
  • Revenue Growth 3.27%
  • Profit Growth -23.03%
  • Ebitda -30.43%
  • Net Worth 7.51%
  • Total Assets 6.95%

About Rashmi Cement

Rashmi Cement Limited (RCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 1991 and has a history of 33 years and five months. Its registered office is in Midnapore, West Bengal, India.

The Corporate was formerly known as Rashmi Cement Company Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 1,000.00 Cr and a paid-up capital of Rs 470.46 Cr.

The company currently has active open charges totaling ₹756.59 Cr. The company has closed loans amounting to ₹1,856.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rashmi Cement Limited India are Uday Kungilwar as COMPANY SECRETARY and Rajesh Singh as Cfo. Subhendu Biswas, Dipanjan Mahata, Sisir Bhunia, and Two other members serve as directors at the Company.

Company Details

  • Location

    Midnapore, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rashmigroup.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14107WB1991PLC053043

  • Company No.

    053043

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1991

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Manufacturing
Metals and Minerals

What products or services does Rashmi Cement Limited offer?

Rashmi Cement Limited offers a wide range of products and services, including Cement and Concrete, Cement, Transport Agents & Bulk Carriers, Goods Transport Services, Iron Ore, Iron Ore Lump, Slag Cement, Iron Metal, Pig Iron.

Who are the key members and board of directors at Rashmi Cement?

Executive Team (2)

NameDesignationAppointment DateStatus
Uday Kungilwar Country flag representing In Company Secretary01-Mar-2016Current
Rajesh Singh Country flag representing In CFO01-Aug-2017Current

Board Members (5)

NameDesignationAppointment DateStatus
Subhasis Bosu Country flag representing In Director 23-Dec-2014Current
Kirti Sanghavi Country flag representing In Director 23-Dec-2014Current
Subhendu Biswas Country flag representing In Whole-Time Director 14-Jul-2010Current
Dipanjan Mahata Country flag representing In Director 06-Jan-2012Current
Sisir Bhunia Country flag representing In Director 01-Aug-2014Current

Financial Performance of Rashmi Cement.

Rashmi Cement Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 3.27% increase. The company also saw a substantial fall in profitability, with a 23.03% decrease in profit. The company's net worth moved up by a moderate rise of 7.51%.

Rashmi Cement revenue growth over time
Rashmi Cement 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
3.27%
Revenue from Operations
2.96%
Total Assets
6.95%
Profit or Loss
-23.03%
Net Worth
7.51%
EBITDA
-30.43%

What is the Ownership and Shareholding Structure of Rashmi Cement?

In 2024, Rashmi Cement had a promoter holding of 100.00%. The company had 4 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹756.59 Cr

Satisfied Charges

₹1,856.77 Cr

Charges Breakdown by Lending Institutions

  • Others : 450.00 Cr
  • Yes Bank Limited : 300.00 Cr
  • West Bengal Industrial Development Corporation Ltd. : 4.87 Cr
  • Indusind Bank : 1.72 Cr

Latest Charge Details

DateLenderAmountStatus
14 Nov 2024Others₹150.00 CrOpen
07 Oct 2024Others₹75.00 CrOpen
20 Jun 2022Yes Bank Limited₹300.00 CrOpen
03 Dec 2019Others₹225.00 CrOpen
31 May 2014Indusind Bank₹6.06 MOpen

How Many Employees Work at Rashmi Cement?

Rashmi Cement has a workforce of 1382 employees as of Dec 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 Rashmi Cement Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rashmi Cement, 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 Rashmi Cement'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 Rashmi Cement

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 150.00 Cr with Charge ID 101001444 was registered on 14 Nov 2024.

  • Charges

    A charge with Others amounted to Rs. 75.00 Cr with Charge ID 101003728 was registered on 07 Oct 2024.

  • Annual General Meeting

    Rashmi Cement Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Rashmi Cement Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Yes Bank Limited of Rs. 300.00 Cr registered on 20 Jun 2022 with Charge ID 100588420 was modified on 06 Sep 2023.

  • Charges

    A charge with Others of Rs. 225.00 Cr registered on 03 Dec 2019 with Charge ID 100314144 was modified on 25 Jul 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Rashmi Cement Limited?

    Rashmi Cement Limited was incorporated on 12 Sep 1991.

  • What is authorized share capital and paid-up capital of Rashmi Cement Limited?

    The authorized share capital of Rashmi Cement Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 470.46 Cr.

  • Who are the current board members & directors of Rashmi Cement Limited?

    Currently 7 directors are associated with Rashmi Cement Limited.

    • Subhendu Biswas
    • Dipanjan Mahata
    • Sisir Kumar Bhunia
    • Subhasis Bosu
    • Kirti Sanghavi
    • Uday Chand Kungilwar
    • Rajesh Kumar Singh

  • What is the registered address of Rashmi Cement Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rashmi Cement Limited is Po- Dist-Paschim Medinipur India, Jhargram, West Bengal, 721507.

  • What is the corporate identification number (CIN) and company number of Rashmi Cement Limited?

    The corporate identification number (CIN) of Rashmi Cement Limited is U14107WB1991PLC053043 and the company number is 053043 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rashmi Cement Limited?

    The Official website of Rashmi Cement Limited is https://www.rashmigroup.com

  • What has been the recent revenue trend for Rashmi Cement Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Rashmi Cement Limited has risen by 3.27%.

  • How many employees does Rashmi Cement Limited currently have?

    As Per 2024 financial reports, 1382 employees are currently employed by Rashmi Cement Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Rashmi Cement Limited has experienced an upsurge of 7.51%.

  • What are the total open charges for Rashmi Cement Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Rashmi Cement Limited amount to ₹ 756.59 Cr.

  • When was the last Balance Sheet of Rashmi Cement Limited filed with the ROC?

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

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