Royal Western India Turf Club Limited

Organizes and manages horse racing events, betting, and entertainment services since 1925.

1925 | Mumbai, Maharashtra (India) | Active
Last Updated: July 16, 2024

Royal Western India Turf Club Profile

Key Indicators

  • Company Age 99 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.70 Cr
  • Revenue Growth 96.70%
  • Profit Growth 117.70%
  • Ebitda 94.29%
  • Net Worth 18.41%
  • Total Assets 12.53%

About Royal Western India Turf Club

Royal Western India Turf Club Limited (RWITCL) was founded in India on 01 April 1925 and has a glorious history of 99 years and ten months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as The Western India Turf Club Limited. The Company is engaged in the Events And Entertainment 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 0.00 and a paid-up capital of Rs 0.00.

The company currently has active open charges totaling ₹5.70 Cr.

Ram Shroff, Vijay Shirke, Sunil Jhangiani, and Six other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U91990MH1925PLC001182

  • Company No.

    001182

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 1925

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Events and Entertainment

Who are the key members and board of directors at Royal Western India Turf Club?

Board Members (9)

NameDesignationAppointment DateStatus
Sunil Jhangiani Country flag representing In Director 30-Dec-2021Current
Ram Shroff Country flag representing In Director 30-Dec-2021Current
Vijay Shirke Country flag representing In Director 21-Dec-2006Current
Surendra Sanas Country flag representing In Director 06-Sep-2018Current
Jaydev Mody Country flag representing In Director 30-Dec-2021Current
Khushroo Dhunjibhoy Country flag representing In Director 21-Dec-2006Current

Financial Performance of Royal Western India Turf Club.

Royal Western India Turf Club Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 96.7% increase. The company also saw a substantial improvement in profitability, with a 117.7% increase in profit. The company's net worth Soared by an impressive increase of 18.41%.

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
96.70%
Revenue from Operations
108.16%
Total Assets
12.53%
Profit or Loss
117.70%
Net Worth
18.41%
EBITDA
94.29%

What is the Ownership and Shareholding Structure of Royal Western India Turf Club?

Unlock access to Royal Western India Turf Club'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

₹57,000,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.50 Cr
  • Punjab National Bank : 1.20 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jun 2019Hdfc Bank Limited₹4.50 CrOpen
09 Jan 1989Punjab National Bank₹1.20 CrOpen

How Many Employees Work at Royal Western India Turf Club?

Royal Western India Turf Club has a workforce of 229 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Royal Western India Turf Club, 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 Western India Turf Club'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 Western India Turf Club

Recent activity within the organization

  • Annual General Meeting

    Royal Western India Turf Club Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Balance Sheet

    Royal Western India Turf Club Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Ram Hemant Shroff was appointed as a Director was appointed as a Director on 30 Dec 2021 & has been associated with this company since 3 years 1 month .

    30 Dec 2021

  • Director Appointment

    Sunil Gobind Jhangiani was appointed as a Director was appointed as a Director on 30 Dec 2021 & has been associated with this company since 3 years 1 month .

    30 Dec 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 45,000,000.00 with Charge ID 100295756 was registered on 01 Jun 2019.

    01 Jun 2019

  • Director Appointment

    Surendra Ramchandra Sanas was appointed as a Director was appointed as a Director on 06 Sep 2018 & has been associated with this company since 6 years 4 months .

    06 Sep 2018

Frequently asked questions

  • Royal Western India Turf Club Limited was incorporated on 01 Apr 1925.

  • The authorized share capital of Royal Western India Turf Club Limited is ₹ 0.00 and paid-up capital is ₹ 0.00.

  • Currently 9 directors are associated with Royal Western India Turf Club Limited.

    • Ram Hemant Shroff
    • Vijay Baburao Shirke
    • Sunil Gobind Jhangiani
    • Surendra Ramchandra Sanas
    • Jaydev Mukund Mody
    • Khushroo Noshir Dhunjibhoy
    • Shiven Surendranath
    • Gautam Pratap Lala
    • Jiyaji Maloji Bhosale
  • As per Ministry of Corporate Affairs (Mca), the registered address of Royal Western India Turf Club Limited is Race Course Mahalaxmi, Mumbai, Maharashtra, India, 400034.

  • The corporate identification number (CIN) of Royal Western India Turf Club Limited is U91990MH1925PLC001182 and the company number is 001182 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Royal Western India Turf Club Limited is https://www.rwitc.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Royal Western India Turf Club Limited has risen by 96.70%.

  • As Per 2023 financial reports, 229 employees are currently employed by Royal Western India Turf Club Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Royal Western India Turf Club Limited has experienced an upsurge of 18.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Royal Western India Turf Club Limited amount to ₹ 5.70 Cr.

  • The most recent Balance Sheet for Royal Western India Turf Club Limited was filed with the ROC on 31 Mar 2023.

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