Royal Arc Electrodes Limited

Manufacturer of welding consumables and grinding wheels for industrial applications.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated:

Royal Arc Electrodes Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 11.10 Cr
  • Company Age 29 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.52 Cr
  • Satisfied Charges ₹ 66.34 Cr
  • Revenue Growth 51.24%
  • Profit Growth 357.08%
  • Ebitda 267.72%
  • Net Worth 46.20%
  • Total Assets 3.23%

About Royal Arc Electrodes

Royal Arc Electrodes Limited (RAEL) is a leading Public Limited Indian Non-Government Company incorporated in India on 15 January 1996 and has a history of 29 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Royalarc Electrodes 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 18.00 Cr and a paid-up capital of Rs 11.10 Cr.

The company currently has active open charges totaling ₹15.52 Cr. The company has closed loans amounting to ₹66.34 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Royal Arc Electrodes Limited India are Mansi Bagadiya as COMPANY SECRETARY and Hardik Sanghvi as Cfo. Swagat Sanghvi, Rahul Vattamparambil, Kunal Turakhia, 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

    U31100MH1996PLC096296

  • Company No.

    096296

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Jan 1996

  • Date of AGM

    06 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Royal Arc Electrodes Limited offer?

Royal Arc Electrodes Limited offers a wide range of products and services, including Metal and Alloy Wires, Welding Wires, Welding, Rods, Electrodes & Wires, Welding Electrodes, Abrasives & Grains, Abrasive Wheels, Welding Equipments & Machinery, Welding Compounds.

Company report

Royal Arc Electrodes Limited

Explore comprehensive data for Royal Arc Electrodes Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Royal Arc Electrodes?

Executive Team (3)

NameDesignationAppointment DateStatus
Mansi Bagadiya Company Secretary08-Feb-2024Current
Hardik Sanghvi CFO29-Jan-2024Current
Bipin Sanghvi Country flag representing In Managing Director15-Jan-1996Current

Board Members (4)

NameDesignationAppointment DateStatus
Swagat Sanghvi Country flag representing In Whole-Time Director 16-Aug-2010Current
Rahul Vattamparambil Country flag representing In Director 16-Jan-2024Current
Kunal Turakhia Country flag representing In Director 16-Jan-2024Current
Jayna Mehta Country flag representing In Director 16-Jan-2024Current

Financial Performance of Royal Arc Electrodes.

Royal Arc Electrodes Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.24% increase. The company also saw a substantial improvement in profitability, with a 357.08% increase in profit. The company's net worth Soared by an impressive increase of 46.2%.

Royal Arc Electrodes revenue growth over time
Royal Arc Electrodes 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
51.24%
Revenue from Operations
53.85%
Total Assets
3.23%
Profit or Loss
357.08%
Net Worth
46.20%
EBITDA
267.72%

What is the Ownership and Shareholding Structure of Royal Arc Electrodes?

In 2023, Royal Arc Electrodes had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.52 Cr

Satisfied Charges

₹66.34 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 15.30 Cr
  • Hdfc Bank Limited : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
29 Sep 2021Hdfc Bank Limited₹2.20 MOpen
26 Jul 2013The Hongkong And Shanghai Banking Corporation Limited₹15.30 CrOpen
30 Jan 2021Axis Bank Limited₹8.37 MSatisfied
27 Oct 2020Others₹2.30 CrSatisfied
18 Mar 2017Yes Bank Limited₹7.00 MSatisfied

How Many Employees Work at Royal Arc Electrodes?

Royal Arc Electrodes has a workforce of 70 employees as of Mar 29, 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 Royal Arc Electrodes Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Royal Arc Electrodes, 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 Royal Arc Electrodes'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 Royal Arc Electrodes

Recent activity within the organization

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 15.30 Cr registered on 26 Jul 2013 with Charge ID 10444210 was modified on 14 Jan 2025.

  • Annual General Meeting

    Royal Arc Electrodes Limited last Annual general meeting of members was held on 06 Jul 2024 as per latest MCA records.

  • Balance Sheet

    Royal Arc Electrodes Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Mansi Maulik Bagadiya was appointed as a Company Secretary was appointed as a Company Secretary on 08 Feb 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Hardik Bipin Sanghvi was appointed as a Cfo was appointed as a Cfo on 29 Jan 2024 & has been associated with this company since 1 year 3 months .

  • Director Appointment

    Rahul Rajan Vattamparambil was appointed as a Director was appointed as a Director on 16 Jan 2024 & has been associated with this company since 1 year 3 months .

Frequently asked questions

  • What is the Incorporation or founding date of Royal Arc Electrodes Limited?

    Royal Arc Electrodes Limited was incorporated on 15 Jan 1996.

  • What is authorized share capital and paid-up capital of Royal Arc Electrodes Limited?

    The authorized share capital of Royal Arc Electrodes Limited is ₹ 18.00 Cr and paid-up capital is ₹ 11.10 Cr.

  • Who are the current board members & directors of Royal Arc Electrodes Limited?

    Currently 8 directors are associated with Royal Arc Electrodes Limited.

    • Swagat Bipin Sanghvi
    • Mansi Maulik Bagadiya
    • Hardik Bipin Sanghvi
    • Rahul Rajan Vattamparambil
    • Kunal Kamlesh Turakhia
    • Jayna B Mehta
    • Hardik Bipin Sanghvi
    • Bipin Shantilal Sanghvi

  • What is the registered address of Royal Arc Electrodes Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Royal Arc Electrodes Limited is 72 B Bombay Talkies Compound, S.V. Road Malad West India, Mumbai, Maharashtra, 400064.

  • What is the corporate identification number (CIN) and company number of Royal Arc Electrodes Limited?

    The corporate identification number (CIN) of Royal Arc Electrodes Limited is U31100MH1996PLC096296 and the company number is 096296 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Royal Arc Electrodes Limited?

    The Official website of Royal Arc Electrodes Limited is https://www.royalarc-electrodes.com

  • What has been the recent revenue trend for Royal Arc Electrodes Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Royal Arc Electrodes Limited has risen by 51.24%.

  • How many employees does Royal Arc Electrodes Limited currently have?

    As Per 2023 financial reports, 70 employees are currently employed by Royal Arc Electrodes Limited.

  • What change has been observed in the net worth of Royal Arc Electrodes Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Royal Arc Electrodes Limited has experienced an upsurge of 46.20%.

  • What are the total open charges for Royal Arc Electrodes Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Royal Arc Electrodes Limited amount to ₹ 15.52 Cr.

  • When was the last Balance Sheet of Royal Arc Electrodes Limited filed with the ROC?

    The most recent Balance Sheet for Royal Arc Electrodes Limited was filed with the ROC on 31 Mar 2024.

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