Rational Engineers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 6.88 Cr
- Company Age 35 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 148.66 Cr
- Satisfied Charges ₹ 168.01 Cr
- Revenue Growth 62.73%
- Profit Growth 120.81%
- Ebitda 106.87%
- Net Worth 56.18%
- Total Assets 67.22%
About Rational Engineers
Rational Engineers Limited (REL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 February 1989 and has a history of 35 years and 11 months. Its registered office is in Thane, Maharashtra, India.
The Corporate was formerly known as Rational Engineers Private 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 10.00 Cr and a paid-up capital of Rs 6.88 Cr.
The company currently has active open charges totaling ₹148.66 Cr. The company has closed loans amounting to ₹168.01 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mahendrakumar Jain, Chanda Jain, Nilesh Gandhi, and Three other members serve as directors at the Company.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
U31200MH1989PLC050809
- Company No.
050809
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Feb 1989
- Date of AGM
23 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Rational Engineers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahendrakumar Jain  | Managing Director | 25-Aug-2006 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Chanda Jain | Whole-Time Director | 26-Nov-2007 | Current |
| Nilesh Gandhi | Director | 05-Apr-2022 | Current |
| Jubin Jain | Director | 23-Jun-2016 | Current |
| Kajol Jain | Director | 16-Jan-2018 | Current |
| Ajit Venugopalan | Director | 08-Feb-2022 | Current |
Financial Performance of Rational Engineers.
Rational Engineers Limited, for the financial year ended 2024, experienced significant growth in revenue, with a 62.73% increase. The company also saw a substantial improvement in profitability, with a 120.81% increase in profit. The company's net worth Soared by an impressive increase of 56.18%.
- 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 Rational Engineers?
In 2023, Rational Engineers had a promoter holding of 99.52% and a public holding of 0.48%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Waaree Renewable Technologies LimitedNilesh Gandhi is a mutual person
Devgiri Forgings Private LimitedAjit Venugopalan is a mutual person
Aarti Drugs LimitedAjit Venugopalan is a mutual person
Indosolar LimitedNilesh Gandhi is a mutual person
Gemini Instratech LimitedMahendrakumar Jain is a mutual person
Jetking Infotrain LimitedNilesh Gandhi is a mutual person
Charges (Loans)
₹148.66 Cr
₹168.01 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 58.64 Cr
- Standard Chartered Bank : 47.01 Cr
- Hdfc Bank Limited : 20.46 Cr
- Others : 10.68 Cr
- State Bank Of India : 7.87 Cr
- Others : 4.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jun 2024 | Others | ₹4.30 M | Open |
| 29 Mar 2024 | Others | ₹10.00 Cr | Open |
| 07 Mar 2024 | Standard Chartered Bank | ₹22.50 Cr | Open |
| 19 Jan 2024 | Hdfc Bank Limited | ₹3.00 M | Open |
| 26 Jul 2023 | Hdfc Bank Limited | ₹20.00 Cr | Open |
How Many Employees Work at Rational Engineers?
Rational Engineers has a workforce of 222 employees as of Nov 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 Rational Engineers, 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 Rational Engineers'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.
