Rational Engineers Limited

Manufacturer and seller of copper wires and related products for domestic and international markets.

1989 | Thane, Maharashtra (India) | Active
Last Updated:

Rational Engineers Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.88 Cr
  • Company Age 36 Year, 4 Days
  • 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 36 years. 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

    rationalengineers.com

  • 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

Manufacturing

Who are the key members and board of directors at Rational Engineers?

Executive Team (1)

NameDesignationAppointment DateStatus
Mahendrakumar Jain Country flag representing In Managing Director25-Aug-2006Current

Board Members (5)

NameDesignationAppointment DateStatus
Chanda Jain Country flag representing In Whole-Time Director 26-Nov-2007Current
Nilesh Gandhi Country flag representing In Director 05-Apr-2022Current
Jubin Jain Country flag representing In Director 23-Jun-2016Current
Kajol Jain Country flag representing In Director 16-Jan-2018Current
Ajit Venugopalan Country flag representing In Director 08-Feb-2022Current

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%.

Rational Engineers revenue growth over time
Rational Engineers 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
62.73%
Revenue from Operations
62.35%
Total Assets
67.22%
Profit or Loss
120.81%
Net Worth
56.18%
EBITDA
106.87%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹148.66 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
29 Jun 2024Others₹4.30 MOpen
29 Mar 2024Others₹10.00 CrOpen
07 Mar 2024Standard Chartered Bank₹22.50 CrOpen
19 Jan 2024Hdfc Bank Limited₹3.00 MOpen
26 Jul 2023Hdfc Bank Limited₹20.00 CrOpen

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.

Employee growth trends for Rational Engineers Limited

Deals i

Graph showing company valuation over time

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

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 Rational Engineers

Recent activity within the organization

  • Annual General Meeting

    Rational Engineers Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 0.43 Cr with Charge ID 100951077 was registered on 29 Jun 2024.

  • Balance Sheet

    Rational Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100905696 was registered on 29 Mar 2024.

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 22.50 Cr with Charge ID 100883958 was registered on 07 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 20.00 Cr registered on 26 Jul 2023 with Charge ID 100764548 was modified on 07 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Rational Engineers Limited?

    Rational Engineers Limited was incorporated on 27 Feb 1989.

  • What is authorized share capital and paid-up capital of Rational Engineers Limited?

    The authorized share capital of Rational Engineers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 6.88 Cr.

  • Who are the current board members & directors of Rational Engineers Limited?

    Currently 6 directors are associated with Rational Engineers Limited.

    • Mahendrakumar Khyalilal Jain
    • Chanda Mahendrakumar Jain
    • Nilesh Bhogilal Gandhi
    • Jubin Mahendrakumar Jain
    • Kajol Mahendrakumar Jain
    • Ajit Eledath Venugopalan

  • What is the registered address of Rational Engineers Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Rational Engineers Limited is 103 1St Floor Dhanalami Residency, Next To Tip Top Pl Aza India, Thane, Maharashtra, 400602.

  • What is the corporate identification number (CIN) and company number of Rational Engineers Limited?

    The corporate identification number (CIN) of Rational Engineers Limited is U31200MH1989PLC050809 and the company number is 050809 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Rational Engineers Limited?

    The Official website of Rational Engineers Limited is https://www.rationalengineers.com

  • What has been the recent revenue trend for Rational Engineers Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Rational Engineers Limited has risen by 62.73%.

  • How many employees does Rational Engineers Limited currently have?

    As Per 2024 financial reports, 222 employees are currently employed by Rational Engineers Limited.

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

    The financial reports for the fiscal year 2024 indicates that The net worth of Rational Engineers Limited has experienced an upsurge of 56.18%.

  • What are the total open charges for Rational Engineers Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Rational Engineers Limited amount to ₹ 148.66 Cr.

  • When was the last Balance Sheet of Rational Engineers Limited filed with the ROC?

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

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