Ritters Automation Private Limited

Manufactures and sells pneumatic and hydraulic products such as presses, cylinders, and power packs.

2002 | Delhi (India) | Active
Last Updated: December 28, 2024

Ritters Automation Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 1.40 M
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.79 Cr
  • Satisfied Charges ₹ 9.40 Cr
  • Revenue Growth -14.54%
  • Profit Growth -87.14%
  • Ebitda -1.87%
  • Net Worth 0.40%
  • Total Assets 63.35%

About Ritters Automation

Ritters Automation Private Limited (RAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 January 2002 and has a history of 23 years and one month. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment 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 3.00 M and a paid-up capital of Rs 1.40 M.

The company currently has active open charges totaling ₹4.79 Cr. The company has closed loans amounting to ₹9.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deep Panjwani, Deepti Panjwani, and Tushar Panjwani serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rittersindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29120DL2002PTC113786

  • Company No.

    113786

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Jan 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Ritters Automation Private Limited offer?

Ritters Automation Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Industrial Valves, Hydraulic Press, C Frame Hydraulic Press, Hydraulic & Pneumatic Machines, Power Packs, Hydraulic Power Pack.

Who are the key members and board of directors at Ritters Automation?

Board Members (3)

NameDesignationAppointment DateStatus
Deep Panjwani Country flag representing In Director 11-Jan-2002Current
Deepti Panjwani Country flag representing In Director 11-Jan-2002Current
Tushar Panjwani Country flag representing In Director 05-Nov-2018Current

Financial Performance of Ritters Automation.

Ritters Automation Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.54% decrease. The company also saw a substantial fall in profitability, with a 87.14% decrease in profit. The company's net worth moved up by a moderate rise of 0.4%.

Graph illustrating revenue growth over time
Graph showing 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
-14.54%
Revenue from Operations
-14.54%
Total Assets
63.35%
Profit or Loss
-87.14%
Net Worth
0.40%
EBITDA
-1.87%

What is the Ownership and Shareholding Structure of Ritters Automation?

Unlock access to Ritters Automation's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹47.90 M

Satisfied Charges

₹94.02 M

Charges Breakdown by Lending Institutions

  • Bank Of India : 4.79 Cr

Latest Charge Details

DateLenderAmountStatus
23 Oct 2024Bank Of India₹1.44 CrOpen
23 Oct 2024Bank Of India₹1.85 CrOpen
23 Oct 2024Bank Of India₹1.50 CrOpen
13 Apr 2022Bank Of India₹3.30 CrSatisfied
03 Jul 2021Others₹4.40 MSatisfied

How Many Employees Work at Ritters Automation?

Ritters Automation has a workforce of 42 employees as of Apr 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ritters Automation, 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 Ritters Automation'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 Ritters Automation

Recent activity within the organization

  • Charges

    A charge registered on 13 Apr 2022 via Charge ID 100566039 with Bank Of India was fully satisfied on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 03 Jul 2021 via Charge ID 100459054 with Others was fully satisfied on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 03 Jul 2021 via Charge ID 100459056 with Bank Of India was fully satisfied on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 24 Jun 2021 via Charge ID 100459053 with Others was fully satisfied on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 14 Mar 2018 via Charge ID 100161909 with Others was fully satisfied on 06 Nov 2024.

    06 Nov 2024

  • Charges

    A charge registered on 11 Mar 2016 via Charge ID 10626692 with Bank Of India was fully satisfied on 06 Nov 2024.

    06 Nov 2024

Frequently asked questions

  • Ritters Automation Private Limited was incorporated on 11 Jan 2002.

  • The authorized share capital of Ritters Automation Private Limited is ₹ 3.00 M and paid-up capital is ₹ 1.40 M.

  • Currently 3 directors are associated with Ritters Automation Private Limited.

    • Deep Panjwani
    • Deepti Panjwani
    • Tushar Panjwani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ritters Automation Private Limited is M-160 Sector-1 D.S.I.D.C., Bawana India, New Delhi, 110039.

  • The corporate identification number (CIN) of Ritters Automation Private Limited is U29120DL2002PTC113786 and the company number is 113786 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ritters Automation Private Limited is https://www.rittersindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ritters Automation Private Limited has fallen by -14.54%.

  • As Per 2023 financial reports, 42 employees are currently employed by Ritters Automation Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Ritters Automation Private Limited has experienced an upsurge of 0.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ritters Automation Private Limited amount to ₹ 4.79 Cr.

  • The most recent Balance Sheet for Ritters Automation Private Limited was filed with the ROC on 31 Mar 2024.

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