DRHP Status : Not Filed
3900
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| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 269.36 | 320 | 392 | 451 |
| Cost of Material Consumed | 98.08 | 176 | 195 | 217 |
| Change in Inventory | 9.39 | -16 | -1 | 6 |
| Gross Margins | 63.59 | 45 | 50.26 | 51.88 |
| Employee Benefit Expenses | 54.13 | 55 | 70 | 80 |
| Other Expenses | 67.79 | 57 | 64 | 70 |
| EBITDA | 39.97 | 48 | 64 | 78 |
| OPM | 14.84 | 15 | 16.33 | 17.29 |
| Other Income | 0.37 | 1 | 1 | 2 |
| Finance Cost | 3.7 | 4 | 6 | 5 |
| D&A | 8.45 | 9 | 9 | 9 |
| EBIT | 31.52 | 39 | 55 | 69 |
| EBIT Margins | 11.7 | 12.19 | 14.03 | 15.3 |
| PBT | 28.16 | 36 | 50 | 65 |
| PBT Margins | 10.45 | 11.25 | 12.76 | 14.41 |
| Tax | 7.07 | 10 | 14 | 17 |
| PAT | 21.09 | 26 | 36 | 48 |
| NPM | 7.83 | 8.13 | 9.18 | 10.64 |
| EPS | 105.45 | 130 | 180 | 240 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 14.84 | 15 | 16.33 | 17.29 |
| Net Profit Margin | 7.83 | 8.13 | 9.18 | 10.64 |
| Earning Per Share (Diluted) | 105.45 | 130 | 180 | 240 |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 96.51 | 100 | 106 | 111 |
| CWIP | 5.79 | 6 | 4 | 11 |
| Investments | 0.77 | 1 | 31 | 31 |
| Trade Receivables | 85.54 | 71 | 77 | 98.5 |
| Inventory | 75.19 | 103 | 124 | 124.5 |
| Other Assets | 37.61 | 52 | 39 | 55 |
| Total Assets | 301.41 | 333 | 381 | 431 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 2 | 2 | 2 | 2 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 172.49 | 198 | 235 | 283 |
| Borrowings | 54.08 | 53 | 63 | 65 |
| Trade Payables | 28.26 | 10 | 23 | 26 |
| Other Liabilities | 44.58 | 70 | 58 | 55 |
| Total Liabilities | 301.41 | 333 | 381 | 431 |
Roots Multiclean Limited (RML), founded in 1992 and part of the Coimbatore-based Roots Group, is India’s first and leading manufacturer of mechanized cleaning equipment. It produces advanced cleaning machines, including scrubbers, sweepers, and industrial vacuums. Unlisted shares (ISIN: INE01LF01013) are traded in the pre-IPO market, with prices often reported around ₹3,000–₹4,000 per share
The following table shows a 10-point analysis of Roots Multiclean Limited. We will discuss each point in detail after this table.
| Parameter | Key Numbers | Insights |
|---|---|---|
| Business Overview | Incorporated 1992 | India’s leading mechanized cleaning equipment manufacturer |
| Industry | Industrial Equipment · Cleaning Solutions | Operates in mechanized cleaning segment |
| Core Products | Scrubbers · sweepers · vacuums | Wide product portfolio across industries |
| Manufacturing | Coimbatore | Strong in-house manufacturing base |
| Revenue | ₹451 Cr (FY24) | Consistent growth over years |
| Profitability | ₹48 Cr PAT (FY24) | Improving margins |
| EBITDA | ₹78 Cr (FY24) | Strong operational performance |
| Balance Sheet | Assets ₹431 Cr | Growing asset base |
| Debt Position | D/E 0.23x | Low leverage |
| Outlook | Industrial demand driven | Growth linked to automation adoption |
Company Overview
(i) Roots Multiclean Limited is a leading manufacturer of mechanized cleaning equipment in India, offering solutions for industrial, commercial, and institutional cleaning needs.
(ii) Established in 1992 and part of the Roots Group, the company has pioneered mechanized cleaning solutions such as scrubbers, sweepers, and industrial vacuum systems.
(iii) Its product portfolio includes high-pressure jet cleaners, vacuum cleaners, centralized systems, and cleaning accessories, catering to diverse industries.
(iv) The company operates a manufacturing-led model with strong distribution and service network, enabling pan-India presence and exports.
(v) Increasing adoption of automation and hygiene standards is driving demand for mechanized cleaning equipment across industries, supporting long-term growth.
Here are some highlights of the financial performance of Roots Multiclean Limited over the past few years.
• Revenue from operations stood at ₹450.78 crore
• Profit before tax stood at ₹65.31 crore
• Profit after tax reported at ₹48.15 crore
• EBITDA stood at ₹79.67 crore with margin improvement
• Revenue from operations stood at ₹392.41 crore
• Profit before tax stood at ₹50.45 crore
• Profit after tax reported at ₹36.33 crore
• EBITDA stood at ₹65.71 crore
• Revenue from operations stood at ₹319.75 crore
• Profit before tax stood at ₹35.56 crore
• Profit after tax reported at ₹25.69 crore
• EBITDA stood at ₹48.07 crore
Quick Summary
Roots Multiclean Limited is a market leader in mechanized cleaning equipment with strong revenue growth, improving margins, and low leverage. The company benefits from increasing automation and hygiene demand, though it remains exposed to industrial cycles and cost pressures.
Click here to visit the official website of Roots Multiclean Limited.
The following are the active promoters/leadership associated with the company:
| Name | Designation | LinkedIn Profile |
|---|---|---|
| R Varun Karthikeyan | Vice Chairman & Managing Director | -- |
| K Ramasamy | Whole-time Director | -- |
| Jayaraman Krishnakumar | Whole-time Director | -- |
| Ravi Kumar R | CFO | View Profile |
| Name | Holding |
|---|---|
| M/s Hako, GMBH | 26% |
| M/s Roots Industries India Private Ltd | 18% |
| R. Varun Karthikeyan | 17.97% |
| K. Ramasamy | 11.75% |
| M/s Roots Auto Products Pvt Ltd | 7.50% |
| R. Yokanayaki | 5.02% |
| Other | 13.75% |
| Name | Designation | Experience | Linkedin Profile |
|---|---|---|---|
| R Varun Karthikeyan | Vice Chairman & MD | 20+ | ![]() |
| K Ramasamy | Whole-time Director | 30+ | ![]() |
| Jayaraman Krishnakumar | Whole-time Director | 20+ | ![]() |
| Ravi Kumar R | CFO | 25+ | ![]() |
Roots Multiclean Limited unlisted shares are equity shares of the company that are not listed on NSE or BSE and are traded privately.
Yes, Roots Multiclean Limited unlisted shares can be purchased through private market platforms, subject to availability.
Yes, a demat account is required to hold these unlisted shares.
The company shows strong financial performance and industry leadership, but remains dependent on industrial demand cycles, making it a moderate-risk investment.
Yes, these 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.