Resonance Specialties Limited

This company manufactures specialty chemicals, including pyridines, picolines, and cyanopyridine, for various industries.

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

Resonance Specialties Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.54 Cr
  • Company Age 35 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 14.00 Cr
  • Satisfied Charges ₹ 12.15 Cr
  • Revenue Growth -21.63%
  • Profit Growth -59.54%
  • Ebitda -55.14%
  • Net Worth 7.51%
  • Total Assets 15.89%

About Resonance Specialties

Resonance Specialties Limited (RSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 1989 and has a history of 35 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524218.

The Corporate was formerly known as Armour Polymers Ltd. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 11.54 Cr.

The company currently has active open charges totaling ₹14.00 Cr. The company has closed loans amounting to ₹12.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Resonance Specialties Limited India are Vaibhavi Rajeshirke as COMPANY SECRETARY and Charchit Jain as Cfo. Prashant Godha, Ajay Patadia, Raj Verma, and Three 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

    L25209MH1989PLC051993

  • Company No.

    051993

  • Stock Symbol

    BSE : 524218

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1989

  • Date of AGM

    08 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Resonance Specialties Limited offer?

Resonance Specialties Limited offers a wide range of products and services, including Pharma Ingredients & Raw Materials, Pyridine Derivatives.

Who are the key members and board of directors at Resonance Specialties?

Executive Team (2)

NameDesignationAppointment DateStatus
Vaibhavi Rajeshirke Company Secretary30-Aug-2023Current
Charchit Jain CFO23-Jun-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Ajay Patadia Country flag representing In Director 27-Jun-2020Current
Prashant Godha Country flag representing In Director 10-Nov-2020Current
Raj Verma Country flag representing In Director 10-Nov-2020Current
Nilesh Jain Country flag representing In Director 18-Mar-2023Current
Archana Yadav Country flag representing In Director 08-Feb-2016Current
Charchit Jain Country flag representing In Whole-Time Director 11-Aug-2022Current

Financial Performance of Resonance Specialties.

Resonance Specialties Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.63% decrease. The company also saw a substantial fall in profitability, with a 59.54% decrease in profit. The company's net worth moved up by a moderate rise of 7.51%.

Resonance Specialties revenue growth over time
Resonance Specialties 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
-21.63%
Revenue from Operations
-20.75%
Total Assets
15.89%
Profit or Loss
-59.54%
Net Worth
7.51%
EBITDA
-55.14%

What is the Ownership and Shareholding Structure of Resonance Specialties?

In 2023, Resonance Specialties had a promoter holding of 54.25% and a public holding of 45.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹14.00 Cr

Satisfied Charges

₹12.15 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 14.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Aug 2021Yes Bank Limited₹14.00 CrOpen
25 Jul 2016Others₹0.99 MSatisfied
11 Jan 2010Others₹7.40 CrSatisfied
08 Oct 1994Bank Of Baroda₹3.00 CrSatisfied
23 Sep 1992Bank Of Baroda₹1.65 CrSatisfied

How Many Employees Work at Resonance Specialties?

Resonance Specialties has a workforce of 73 employees as of Mar 25, 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 Resonance Specialties Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Resonance Specialties, 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 Resonance Specialties'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 Resonance Specialties

Recent activity within the organization

  • Annual General Meeting

    Resonance Specialties Limited last Annual general meeting of members was held on 08 Aug 2023 as per latest MCA records.

  • Balance Sheet

    Resonance Specialties Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

  • Charges

    A charge with Yes Bank Limited of Rs. 14.00 Cr registered on 17 Aug 2021 with Charge ID 100475478 was modified on 24 Mar 2023.

  • Director Appointment

    Nilesh Jain was appointed as a Director was appointed as a Director on 18 Mar 2023 & has been associated with this company since 2 years 15 days .

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 14.00 Cr with Charge ID 100475478 was registered on 17 Aug 2021.

  • Charges

    A charge registered on 11 Jan 2010 via Charge ID 10199328 with Others was fully satisfied on 07 Jul 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Resonance Specialties Limited?

    Resonance Specialties Limited was incorporated on 01 Jun 1989.

  • What is authorized share capital and paid-up capital of Resonance Specialties Limited?

    The authorized share capital of Resonance Specialties Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.54 Cr.

  • Who are the current board members & directors of Resonance Specialties Limited?

    Currently 8 directors are associated with Resonance Specialties Limited.

    • Prashant Premchand Godha
    • Ajay Anantrai Patadia
    • Raj Kamal Prasad Verma
    • Nilesh Jain
    • Archana Surendra Yadav
    • Charchit Jain
    • Vaibhavi Veerasen Rajeshirke
    • Charchit Jain

  • What is the registered address of Resonance Specialties Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Resonance Specialties Limited is Plot No. 54D Kandivli Industrial Estate, Kandivli West, Mumbai, Maharashtra, India, 400067.

  • What is the corporate identification number (CIN) and company number of Resonance Specialties Limited?

    The corporate identification number (CIN) of Resonance Specialties Limited is L25209MH1989PLC051993 and the company number is 051993 as per Ministry of Corporate Affairs (MCA).

  • Is Resonance Specialties Limited registered with any stock exchange in India?

    Yes, Resonance Specialties Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Resonance Specialties Limited?

    The Official website of Resonance Specialties Limited is https://www.resonancesl.com

  • What has been the recent revenue trend for Resonance Specialties Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Resonance Specialties Limited has fallen by -21.63%.

  • How many employees does Resonance Specialties Limited currently have?

    As Per 2023 financial reports, 73 employees are currently employed by Resonance Specialties Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Resonance Specialties Limited has experienced an upsurge of 7.51%.

  • What are the total open charges for Resonance Specialties Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Resonance Specialties Limited amount to ₹ 14.00 Cr.

  • When was the last Balance Sheet of Resonance Specialties Limited filed with the ROC?

    The most recent Balance Sheet for Resonance Specialties Limited was filed with the ROC on 31 Mar 2023.

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