About Arkay Energy (Rameswarm) Private Limited
Data last updated:
Arkay Energy (Rameswarm) Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Ind-Barath Power Infra Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 01 December 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40104TG2004PTC044741. Its GSTIN is 33AAFCA0044C1ZK (Tamil Nadu).
The company has an authorised share capital of ₹150 Cr and a paid-up capital of ₹31.11 Cr. It was formerly known as Arkay Energy (Rameswarm) Limited. It is led by directors Abdool Qaiyoom Goolam Dustagheer and Bikash Ranjan Giri.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹476.98 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹263.34 Cr (net margin -55.2%) and EBITDA of -₹253.77 Cr (EBITDA margin -53.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹1,179.31 Cr and satisfied charges of ₹3,088.55 Cr on record. Court records list 30 cases involving the company, including 15 filed by the company and 15 filed against it; 12 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ibpil.com.
Company details
CIN history
Arkay Energy (Rameswarm) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40104TG2004PTC044741, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40104TG2004PTC044741 | Current |
| U40104TG2004PLC044741 | Previous |
| U40104AP2004PLC044741 | Previous |
Contact details
Arkay Energy (Rameswarm) Private Limited's registered office is in Hyderabad, Telangana. Its website is ibpil.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 3 First Floor Sy No 115/1 Kapil Towers Financial District Nanakramgdua Serili, Ngampally, Hyderabad, Telangana, India – 500032
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Arkay Energy (Rameswarm) Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Arkay Energy (Rameswarm) is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Financials of Arkay Energy (Rameswarm) Private Limited
FY 2023 filings availableArkay Energy (Rameswarm) Private Limited reported revenue of ₹476.98 Cr (up 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 30% growth in the latest year. EBITDA fell 790% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹476.98 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹253.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹263.34 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -53.2% | ||||
| Net Profit Margin | -55.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Board of directors and KMP of Arkay Energy (Rameswarm) Private Limited
Arkay Energy (Rameswarm) Private Limited currently reports 2 directors and 1 key managerial person. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bonthapalle Rama Subba Reddy Also directs: Ordnc 2017 4 U24232tg2008ptc061321 Private Limited | Company Secretary | 18 Dec 2019 | 6 Years 10 Months | Current |
| Abdool Qaiyoom Goolam Dustagheer | Nominee Director | 07 Dec 2022 | 3 Years 11 Months | Current |
| Bikash Ranjan Giri | Nominee Director | 07 Dec 2022 | 3 Years 11 Months | Current |
Peer comparison
Arkay Energy (Rameswarm) Private Limited is compared with the 4 companies closest to it by revenue in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tenughat Vidyut Nigam Limited | ₹582.13 Cr (FY 2019) | -3.0% | Ranchi, Jharkhand, India | |||
| Nava Bharat Energy India Limited | ₹563.23 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Bhubaneshwar Power Private Limited | ₹516.96 Cr (FY 2022) | 6.0% | Hyderabad, Telangana, India | |||
| Arkay Energy (Rameswarm) Private Limitedthis company | ₹476.98 Cr (FY 2023) | -₹263.34 Cr | -55.2% | 30.0% | Hyderabad, Telangana, India | |
| JL Power Ventures Private Limited | ₹305.85 Cr (FY 2017) | 1168467.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Auditor
Arkay Energy (Rameswarm) Private Limited is audited by P Murali & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Murali & Co | FY 2023 | 007257S |
Shareholding
The shareholding of Arkay Energy (Rameswarm) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Sep 2019 | 100294152 | Karnataka Bank Ltd. | ₹34.71 Cr | Open | |
| 15 Dec 2017 | 100140990 | Others | ₹1,004.6 Cr | Open | |
| 06 Feb 2017 | 100304645 | Others | ₹70 Cr | Open | |
| 06 Feb 2017 | 100305195 | Others | ₹70 Cr | Open | |
| 29 Dec 2015 | 10609291 | Tamilnadu Industrial Investment Corporation Limited | ₹30 Cr | Satisfied |
To see the full charge records of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
Arkay Energy (Rameswarm) Private Limited has 30 court cases on record: 15 filed by Arkay Energy (Rameswarm), 15 filed against it. 12 cases are pending and 18 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 18 | 7 | 7 |
| NCLAT | 8 | 8 | 5 |
| District courts | 2 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against Tamil Nadu Transmission Corporation Limited (Tantransco) and 2 others | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Transmission Corporation Limited (Tantransco) and 2 others | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Tamil Nadu Power Distribution Corporation Limited (Tnpdcl) and 2 others | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by Power Finance Corporation Limited and 2 others | Pending |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by Gail (India) Ltd. | Pending |
To see the full case history of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Arkay Energy (Rameswarm) Private Limited was last rated by Care on 28 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Feb 2022 |
To see the full credit ratings and regulatory alerts of Arkay Energy (Rameswarm) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Arkay Energy (Rameswarm) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Arkay Energy (Rameswarm) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCA0044C1ZK | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Arkay Energy (Rameswarm) Private Limited, buy the company report.
Recent activity
Arkay Energy (Rameswarm) Private Limited has 17 board changes on record since 2011: 3 appointments and 14 cessations. The latest: Appa Jujala Rao ceased to be Additional Director on 12 Dec 2022.
51 earlier events are in the company report.
Frequently asked questions
Arkay Energy (Rameswarm) is an active private limited company based in Hyderabad, Telangana, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 01 December 2004 (22+ years old) and is registered under CIN U40104TG2004PTC044741.
Arkay Energy (Rameswarm) has 3 current directors and KMP:
- Abdool Qaiyoom Goolam Dustagheer - Nominee Director
- Bikash Ranjan Giri - Nominee Director
- Bonthapalle Rama Subba Reddy - Company Secretary
The latest financial statements of Arkay Energy (Rameswarm) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Arkay Energy (Rameswarm) is 33AAFCA0044C1ZK, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Arkay Energy (Rameswarm) is U40104TG2004PTC044741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Arkay Energy (Rameswarm) has 30 court cases on record: 15 filed by the company and 15 filed against it. 12 are pending. Most are in the high courts.
Arkay Energy (Rameswarm) was incorporated on 01 December 2004, making it 22+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Arkay Energy (Rameswarm) by revenue are Tenughat Vidyut Nigam Limited, Nava Bharat Energy India Limited, Bhubaneshwar Power Private Limited, JL Power Ventures Private Limited, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Appa Jujala Rao ceased to be Additional Director on 12 Dec 2022. Krishnan Venkatesan ceased to be Whole-Time Director on 12 Dec 2022. Mogili Ravikumar ceased to be CFO on 12 Dec 2022. Arkay Energy (Rameswarm) has 17 board changes on record in total.
Arkay Energy (Rameswarm) can be reached through the website ibpil.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Arkay Energy (Rameswarm) is at Unit 3 First Floor Sy No 1151 Kapil Towers Financial District Nanakramgdua Serili, Ngampally, Hyderabad, Telangana, India – 500032.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
