Remsons Industries Limited

Manufacturer of auto components and exporter of control cables to Europe and USA.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated:

Remsons Industries Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 6.98 Cr
  • Company Age 53 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 89.55 Cr
  • Satisfied Charges ₹ 41.33 Cr
  • Revenue Growth 13.69%
  • Profit Growth -46.69%
  • Ebitda 40.65%
  • Net Worth 10.24%
  • Total Assets 4.43%

About Remsons Industries

Remsons Industries Limited (RIL) was founded in India on 11 May 1971 and has a glorious history of 53 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 530919 and on the National Stock Exchange(NSE) under REMSONSIND.

The Corporate was formerly known as Remsons Cables Pvt Ltd. The Company is engaged in the Automotive 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 12.00 Cr and a paid-up capital of Rs 6.98 Cr.

The company currently has active open charges totaling ₹89.55 Cr. The company has closed loans amounting to ₹41.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Remsons Industries Limited India are Amit Srivastava as Ceo, Debendra Panda as Cfo, and Rohit Darji as Company Secretary. Visalakshi Sridhar, Anil Agrawal, Krishna Kejriwal, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L51900MH1971PLC015141

  • Company No.

    015141

  • Stock Symbol

    BSE : 530919 NSE : REMSONSIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 May 1971

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Remsons Industries Limited offer?

Remsons Industries Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Wires, Electric Cable, Automobile Electrical Components, Automotive Cables.

Who are the key members and board of directors at Remsons Industries?

Executive Team (4)

NameDesignationAppointment DateStatus
Amit Srivastava Country flag representing In CEO10-Oct-2018Current
Debendra Panda CFO24-Mar-2023Current
Rohit Darji Country flag representing In Company Secretary28-May-2016Current
Krishna Kejriwal Country flag representing In Managing Director12-Jul-1976Current

Board Members (6)

NameDesignationAppointment DateStatus
Anil Agrawal Country flag representing In Director 11-Aug-2012Current
Visalakshi Sridhar Country flag representing In Director 14-Nov-2018Current
Rahul Kejriwal Country flag representing In Whole-Time Director 01-Jun-2016Current
Chand Kejriwal Country flag representing In Whole-Time Director 12-Jul-1976Current
Suresh Ramarao Country flag representing In Director 12-May-2022Current
Shishir Dalal Country flag representing In Director 14-Feb-2022Current

Financial Performance of Remsons Industries.

Remsons Industries Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.69% increase. The company also saw a substantial fall in profitability, with a 46.69% decrease in profit. The company's net worth Soared by an impressive increase of 10.24%.

Remsons Industries revenue growth over time
Remsons Industries 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
13.69%
Revenue from Operations
14.22%
Total Assets
4.43%
Profit or Loss
-46.69%
Net Worth
10.24%
EBITDA
40.65%

What is the Ownership and Shareholding Structure of Remsons Industries?

In 2023, Remsons Industries had a promoter holding of 75.00% and a public holding of 25.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹89.55 Cr

Satisfied Charges

₹41.33 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 45.12 Cr
  • Others : 29.18 Cr
  • Standard Chartered Bank : 14.80 Cr
  • Hdfc Bank Limited : 0.45 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2024Others₹12.49 CrOpen
29 Jan 2024Hdfc Bank Limited₹4.52 MOpen
16 Jun 2023Others₹1.06 MOpen
07 Dec 2022Others₹4.50 MOpen
20 Aug 2022Others₹1.30 MOpen

How Many Employees Work at Remsons Industries?

Remsons Industries has a workforce of 177 employees as of Mar 31, 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 Remsons Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Remsons Industries, 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 Remsons Industries'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 Remsons Industries

Recent activity within the organization

  • Annual General Meeting

    Remsons Industries Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 12.49 Cr with Charge ID 100958377 was registered on 06 Aug 2024.

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.45 Cr with Charge ID 100865898 was registered on 29 Jan 2024.

  • Charges

    A charge with Others amounted to Rs. 0.11 Cr with Charge ID 100744149 was registered on 16 Jun 2023.

  • Director Appointment

    Debendra Kumar Panda was appointed as a Cfo was appointed as a Cfo on 24 Mar 2023 & has been associated with this company since 1 year 11 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Remsons Industries Limited?

    Remsons Industries Limited was incorporated on 11 May 1971.

  • What is authorized share capital and paid-up capital of Remsons Industries Limited?

    The authorized share capital of Remsons Industries Limited is ₹ 12.00 Cr and paid-up capital is ₹ 6.98 Cr.

  • Who are the current board members & directors of Remsons Industries Limited?

    Currently 10 directors are associated with Remsons Industries Limited.

    • Visalakshi Sridhar
    • Amit Srivastava
    • Debendra Kumar Panda
    • Rohit Hasmukhbhai Darji
    • Anil Kumar Agrawal
    • Krishna Radhakrishna Kejriwal
    • Rahul Krishna Kejriwal
    • Chand Krishna Kejriwal
    • Suresh Ramarao
    • Shishir Vasant Dalal

  • What is the registered address of Remsons Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Remsons Industries Limited is 401 4Th Floor Gladdiola Hanuman Road, Vile Parle East India, Mumbai, Maharashtra, 400057.

  • What is the corporate identification number (CIN) and company number of Remsons Industries Limited?

    The corporate identification number (CIN) of Remsons Industries Limited is L51900MH1971PLC015141 and the company number is 015141 as per Ministry of Corporate Affairs (MCA).

  • Is Remsons Industries Limited registered with any stock exchange in India?

    Yes, Remsons Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): REMSONSIND.

  • What is the official website of Remsons Industries Limited?

    The Official website of Remsons Industries Limited is https://www.remsons.com

  • What has been the recent revenue trend for Remsons Industries Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Remsons Industries Limited has risen by 13.69%.

  • How many employees does Remsons Industries Limited currently have?

    As Per 2022 financial reports, 177 employees are currently employed by Remsons Industries Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Remsons Industries Limited has experienced an upsurge of 10.24%.

  • What are the total open charges for Remsons Industries Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Remsons Industries Limited amount to ₹ 89.55 Cr.

  • When was the last Balance Sheet of Remsons Industries Limited filed with the ROC?

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

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