DRHP Status : Not Filed
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| P&L Statement | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 29 | 42 | 39 |
| Cost of Material Consumed | 13 | 20 | 21 |
| Change in Inventory | 2 | -1 | 0 |
| Gross Margins | 48.28 | 54.76 | 46.15 |
| Employee Benefit Expenses | 4 | 5 | 5 |
| Other Expenses | 3 | 5 | 4.6 |
| EBITDA | 7 | 13 | 8.4 |
| OPM | 24.14 | 30.95 | 21.54 |
| Other Income | 0.18 | 0.2 | 0 |
| Finance Cost | 1.1 | 2 | 1.3 |
| D&A | 0.3 | 1 | 1.3 |
| EBIT | 6.7 | 12 | 7.1 |
| EBIT Margins | 23.1 | 28.57 | 18.21 |
| PBT | 6 | 9 | 5.4 |
| PBT Margins | 20.69 | 21.43 | 13.85 |
| Tax | 2 | 2 | 1.4 |
| PAT | 4 | 7 | 4 |
| NPM | 13.79 | 16.67 | 10.26 |
| EPS | 4000 | 6.06 | 3.46 |
Financial Ratios |
2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Profit Margin | 24.14 | 30.95 | 21.54 |
| Net Profit Margin | 13.79 | 16.67 | 10.26 |
| Earning Per Share (Diluted) | 4000 | 6.06 | 3.46 |
| Assets | 2023 | 2024 | 2025 |
|---|---|---|---|
| Fixed Assets | 19 | 28 | 27 |
| CWIP | 8 | 0 | 2.4 |
| Investments | 0 | 0 | 0 |
| Trade Receivables | 3 | 9 | 8 |
| Inventory | 7.5 | 9 | 9.5 |
| Other Assets | 5.5 | 9 | 9.1 |
| Total Assets | 43 | 55 | 56 |
| Liabilities | 2023 | 2024 | 2025 |
|---|---|---|---|
| Share Capital | 0.01 | 11.55 | 11.55 |
| FV | 10 | 10 | 10 |
| Reserves | 2.89 | 15 | 20 |
| Borrowings | 19 | 19 | 15.4 |
| Trade Payables | 5 | 4 | 6 |
| Other Liabilities | 16.1 | 5.45 | 3.05 |
| Total Liabilities | 43 | 55 | 56 |
Raviraj Process Controls Ltd (incorporated 2019) is a Navi Mumbai-based manufacturer of specialized electrical components, including temperature sensors, wires, cables, and heaters for the electric motor, generator, and refrigeration industries. The company filed a DRHP in 2024 for an IPO. It operates as a public unlisted company, with shares trading in the unlisted market.
The following table shows a 10-point analysis of Raviraj Process Controls Limited. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | Incorporated 2019 | Manufacturer of industrial electrical equipment and sensors. |
| Industry | Electrical Equipment · Industrial Manufacturing | Operates in sensors, heaters, and cable solutions. |
| Core Products | Sensors · heaters · cables · harness | Supplies to industrial and engineering sectors. |
| Manufacturing Base | Navi Mumbai | Integrated manufacturing facility with modern infrastructure |
| Revenue | ₹38.7 Cr (FY25) | Slight decline from FY24 |
| Profitability | ₹3.9 Cr PAT (FY25) | Margins moderated vs FY24 |
| EBITDA | ₹8.4 Cr (FY25) | Decline due to cost pressures |
| Debt Position | D/E 0.49x | Moderate leverage |
| Business Model | Manufacturing-led | Revenue driven by product sales |
| Outlook | Stable industrial demand | Growth linked to capex cycle |
Company Overview
(i) Raviraj Process Controls Limited is engaged in the manufacturing of industrial sensors, heaters, wires, and cable solutions, catering to various industrial applications.
(ii) The company was incorporated in 2019 and is based in Navi Mumbai, Maharashtra, operating as a public unlisted entity.
(iii) Its product portfolio includes temperature sensors, thermocouples, heating elements, cable harnesses, and electrical components, used across engineering and industrial sectors.
(iv) The company operates a manufacturing-driven business model, focusing on quality production, timely delivery, and long-term customer relationships.
(v) Raviraj Process Controls benefits from industrial demand across sectors like power, engineering, and manufacturing, supporting steady business opportunities.
Challenges in Raviraj Process Controls Limited’s Business
Financial Review of Raviraj Process Controls Limited
Here are some highlights of the financial performance of Raviraj Process Controls Limited over the past few years.
• Revenue from operations stood at ₹38.71 crore
• Profit before tax stood at ₹5.45 crore
• Profit after tax reported at ₹3.92 crore
• Net profit margin stood at 10.1%
• Revenue from operations stood at ₹41.62 crore
• Profit before tax stood at ₹7.37 crore
• Profit after tax reported at ₹5.49 crore
• Net profit margin stood at 13.2%
• Revenue from operations stood at ₹29.68 crore
• Profit before tax stood at ₹5.97 crore
• Profit after tax reported at ₹4.25 crore
• Strong growth phase with improving margins
Quick Summary
Raviraj Process Controls Limited is a growing industrial manufacturing company specializing in sensors and electrical components. The company has shown consistent revenue growth with healthy profitability, though recent margin pressure and moderate scale remain key challenges. Its future growth depends on industrial demand and efficient cost management.
Click Here to visit the official website of Raviraj Process Controls Limited.
Promoters of Raviraj Process Controls Limited
The following are the active promoters of the company:
| Name | Designation |
|---|---|
| Ravi Bansilal Darira | Managing Director |
| Sonia Ravi Darira | Director |
| Balasubrahmanya Narayana Rao | Director |
| Tushar Dharamdas Sodha | Director |
| Pooja Chugh | Director |
| Name | Holding |
|---|---|
| SoftBank | 45% |
| Ritesh Agarwal (Promoter) | 31% |
| Other Investors | 17% |
| Lightspeed | 3% |
| Sequoia | 3% |
| Airbnb | 1% |
| Name | Designation | Experience | Linkedin Profile |
|---|---|---|---|
| Ravi Bansilal Darira | Chairman & MD | 27+ | ![]() |
| Balasubrahmanya Narayana Rao | Director | 30+ | ![]() |
| Sonia Ravi Darira | Executive Directive | 26+ | ![]() |
Raviraj Process Controls Limited unlisted shares are equity shares of the company that are not listed on NSE or BSE and are traded privately.
Yes, Raviraj Process Controls Limited unlisted shares can be purchased through private market platforms, subject to availability.
Yes, a demat account is required to hold Raviraj Process Controls Limited unlisted shares.
Raviraj Process Controls Limited has stable operations and profitability, but like all unlisted investments, it carries liquidity and business risks.
Yes, Raviraj Process Controls Limited unlisted shares can be sold in the secondary market depending on buyer availability.
Yes, as per SEBI regulations, pre-IPO investors are subject to a six-month lock-in period after listing.
If held for more than two years, gains are taxed at 20% with indexation; otherwise taxed as per income slab.