Rolcon Engineering Company Limited

Manufacturer of precision roller chains and conveyor systems for various industries, with international exports.

1961 | Anand, Gujarat (India) | Active
Last Updated: November 16, 2024

Rolcon Engineering Company Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 7.56 M
  • Company Age 63 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.90 Cr
  • Satisfied Charges ₹ 3.11 Cr
  • Revenue Growth 62.86%
  • Profit Growth 410.17%
  • Ebitda 305.91%
  • Net Worth 26.37%
  • Total Assets 25.34%

About Rolcon Engineering Company

Rolcon Engineering Company Limited (RECL) was founded in India on 17 March 1961 and has a glorious history of 63 years and 11 months. Its registered office is in Anand, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505807.

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 1.50 Cr and a paid-up capital of Rs 7.56 M.

The company currently has active open charges totaling ₹1.90 Cr. The company has closed loans amounting to ₹3.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rolcon Engineering Company Limited India are Vinubhai Shah as CFO and Birva Patel as Company Secretary. Nileshkumar Shelat, Kiran Patel, Chandrakant Patel, and Five other members serve as directors at the Company.

Company Details

  • Location

    Anand, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rolconengineering.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L29259GJ1961PLC001439

  • Company No.

    001439

  • Stock Symbol

    BSE : 505807

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Mar 1961

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Machinery and Equipment

What products or services does Rolcon Engineering Company Limited offer?

Rolcon Engineering Company Limited offers a wide range of products and services, including Elevators & Escalators, Elevator Part, Gearbox, Axle, Sprocket & Gear Parts, Sprockets, Conveyor Systems & Components, Roller Chains, Industrial & Engineering Goods, Mechanical Components, Conveyor Components, Conveyor Sprocket.

Who are the key members and board of directors at Rolcon Engineering Company?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashishbhai Amin Country flag representing In Managing Director02-Aug-1997Current
Vinubhai Shah CFO18-Jun-2020Current
Birva Patel Country flag representing In Company Secretary19-May-2023Current

Board Members (7)

NameDesignationAppointment DateStatus
Nileshkumar Shelat Country flag representing In Director 19-Oct-2024Current
Kiran Patel Country flag representing In Director 22-Sep-2016Current
Chandrakant Patel Country flag representing In Director 19-Oct-2024Current
Sureshbhai Amin Country flag representing In Whole-Time Director 28-Apr-1982Current
Harshilaben Patel Country flag representing In Director 07-Feb-2020Current
Wolfgang Fuchs Country flag representing De Director 29-Oct-2015Current

Financial Performance of Rolcon Engineering Company.

Rolcon Engineering Company Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 62.86% increase. The company also saw a substantial improvement in profitability, with a 410.17% increase in profit. The company's net worth Soared by an impressive increase of 26.37%.

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
62.86%
Revenue from Operations
63.91%
Total Assets
25.34%
Profit or Loss
410.17%
Net Worth
26.37%
EBITDA
305.91%

What is the Ownership and Shareholding Structure of Rolcon Engineering Company?

In 2023, Rolcon Engineering Company had a promoter holding of 43.28% and a public holding of 56.72%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.90 Cr

Satisfied Charges

₹3.11 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.60 Cr
  • Hdfc Bank Limited : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2021Hdfc Bank Limited₹3.00 MOpen
17 Mar 2000State Bank Of India₹1.60 CrOpen
15 Feb 2018Others₹1.00 MSatisfied
16 Dec 2015Others₹0.35 MSatisfied
04 May 2011Corporation Bank₹1.75 CrSatisfied

How Many Employees Work at Rolcon Engineering Company?

Unlock and access historical data on people associated with Rolcon Engineering Company, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rolcon Engineering Company, 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 Rolcon Engineering Company'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 Rolcon Engineering Company

Recent activity within the organization

  • Director Appointment

    Nileshkumar Dhirubhai Shelat was appointed as a Director was appointed as a Director on 19 Oct 2024 & has been associated with this company since 4 months 4 days .

    19 Oct 2024

  • Director Appointment

    Chandrakant Ambalal Patel was appointed as a Director was appointed as a Director on 19 Oct 2024 & has been associated with this company since 4 months 4 days .

    19 Oct 2024

  • Annual General Meeting

    Rolcon Engineering Company Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Balance Sheet

    Rolcon Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge registered on 04 May 2011 via Charge ID 10285213 with Corporation Bank was fully satisfied on 04 Oct 2022.

    04 Oct 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 100519602 was registered on 17 Dec 2021.

    17 Dec 2021

Frequently asked questions

  • Rolcon Engineering Company Limited was incorporated on 17 Mar 1961.

  • The authorized share capital of Rolcon Engineering Company Limited is ₹ 1.50 Cr and paid-up capital is ₹ 7.56 M.

  • Currently 10 directors are associated with Rolcon Engineering Company Limited.

    • Nileshkumar Dhirubhai Shelat
    • Kiran Maganbhai Patel
    • Chandrakant Ambalal Patel
    • Sureshbhai Himabhai Amin
    • Ashishbhai Sureshbhai Amin
    • Vinubhai Keshavlal Shah
    • Birva Harshit Patel
    • Harshilaben Hiteshkumar Patel
    • Wolfgang Werner Fuchs
    • Arpita Ashish Amin
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rolcon Engineering Company Limited is Anand-Sojitra Road India, Vallabh Vidyanagar, Gujarat, 388120.

  • The corporate identification number (CIN) of Rolcon Engineering Company Limited is L29259GJ1961PLC001439 and the company number is 001439 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rolcon Engineering Company Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Rolcon Engineering Company Limited is https://www.rolconengineering.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Rolcon Engineering Company Limited has risen by 62.86%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Rolcon Engineering Company Limited has experienced an upsurge of 26.37%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Rolcon Engineering Company Limited amount to ₹ 1.90 Cr.

  • The most recent Balance Sheet for Rolcon Engineering Company Limited was filed with the ROC on 31 Mar 2024.

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