Asia Power Projects Private Limited
About Asia Power Projects Private Limited
Data last updated:
Asia Power Projects Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Ansaldo Energia Spa. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 29 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40101KA1995PTC017485. Its GSTIN is 33AADCA0485B1ZB (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹31.4 Lakh. It was formerly known as Ansaldo Services Private Limited. It is led by directors Mariano Tenti and Srinivasa Raghavan Rajagopalan.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Lakeside Residency 4 Annaswamy Mudaliar Road Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.57 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹93 Lakh (net margin 12.3%) and EBITDA of ₹1.08 Cr (EBITDA margin 14.3%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 19% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.6 Cr and satisfied charges of ₹10 Cr on record. Court records list 11 cases involving the company, including 1 filed by the company and 2 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressLakeside Residency 4 Annaswamy Mudaliar Road Bangalore, Karnataka, India – 560042
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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
- One PDF report, delivered after checkout
Business Activity of Asia Power Projects Private Limited
The main business activity of Asia Power Projects is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Asia Power Projects Private Limited FY 2025 filings available
Asia Power Projects Private Limited reported revenue of ₹7.57 Cr (up 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Asia Power Projects Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 78% growth in the latest year. EBITDA rose 210% 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 of Asia Power Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.08 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹93 Lakh | •••• | •••• | •••• | •••• |
| 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 of Asia Power Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Asia Power Projects are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Asia Power Projects Private Limited
Asia Power Projects has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mariano Tenti | Director | 26 Apr 2017 | 9 Years 5 Months | Current |
| Srinivasa Raghavan Rajagopalan | Director | 19 Jul 2016 | 10 Years 3 Months | Current |
Peer Comparison of Asia Power Projects Private Limited
Asia Power Projects Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| JDS Trade Links Pvt.Ltd. | ₹7.6 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Orange Flare Solar Energy Private Limited | ₹7.59 Cr (FY 2025) | •••• | •••• | 100.0% | •••• | Gurgaon, Haryana, India |
| Sanjay Power Projects Private Limited | ₹7.58 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Delhi, India |
| Acclimate Systems Private Limited | ₹7.58 Cr (FY 2025) | •••• | •••• | 83.0% | •••• | Bharuch, Gujarat, India |
| Arkay Iconic (UK) Private Limited | ₹7.57 Cr (FY 2025) | •••• | •••• | •••• | Amreli, Gujarat, India | |
| Asia Power Projects Private Limited this company | ₹7.57 Cr (FY 2025) | •••• | •••• | 78.0% | •••• | Bangalore, Karnataka, India |
| Greeshma Solar Energy Private Limited | ₹7.56 Cr (FY 2025) | •••• | •••• | 187.0% | •••• | Pune, Maharashtra, India |
| Sunrays Infra Space Limited | ₹7.55 Cr (FY 2025) | •••• | •••• | -78.0% | •••• | Ahmedabad, Gujarat, India |
| Verma Engineers and Contractors Private Limited | ₹7.55 Cr (FY 2025) | •••• | •••• | 79.0% | •••• | New Delhi, Delhi, India |
| Stanya Infra Private Limited | ₹7.55 Cr (FY 2024) | •••• | •••• | 1407.0% | •••• | New Delhi, Delhi, India |
| Chuang Xing Engineering Private Limited | ₹7.54 Cr (FY 2025) | •••• | •••• | 124.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Asia Power Projects by revenue in the Power industry (EPC, BoP and BTG, Power Projects), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Asia Power Projects Private Limited
Asia Power Projects Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DELOITTE HASKINS & SELLS | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Asia Power Projects Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Asia Power Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 1995 | State Bank of India | ₹80 Lakh | Open |
| 06 Nov 1995 | State Bank of India | ₹80 Lakh | Open |
| 21 Dec 1999 | Banque Nationale De Paris | ₹5 Cr | Satisfied |
| 12 Dec 1999 | Banque Nationale De Paris | ₹5 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Asia Power Projects Private Limited
Asia Power Projects Private Limited has 11 court cases on record: 1 filed by Asia Power Projects, 2 filed against it, 8 where it is another party. 3 cases are pending and 8 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 3 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Appeal | Company is another party | Pending |
| Madras High Court | Arbitration matter | Company is another party | Pending |
| Madras High Court | Appeal | Company is another party | Pending |
| High Court of Karnataka | Tax appeal | Filed against the company by PR Commissioner of Income Tax | Disposed |
| Madras High Court | Appeal | Company is another party | Disposed |
Full case history
All 11 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Asia Power Projects Private Limited
Asia Power Projects Private Limited has a workforce of 5 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Asia Power Projects Private Limited
Asia Power Projects Private Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Alessandra Bocchio ceased to be Additional Director on 30 May 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Asia Power Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Asia Power Projects Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Asia Power Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Asia Power Projects Private Limited
Asia Power Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCA0485B1ZB | Tamil Nadu | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Asia Power Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Asia Power Projects Private Limited
Asia Power Projects is an active private limited company based in Bangalore, Karnataka, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 29 March 1995 (31+ years old) and is registered under CIN U40101KA1995PTC017485.
Asia Power Projects reported revenue of ₹7.57 Cr for FY 2025 (up 78% YoY).
Asia Power Projects has 2 current directors:
- Mariano Tenti - Director
- Srinivasa Raghavan Rajagopalan - Director
Asia Power Projects reported a net profit of ₹93 Lakh (net margin 12.3%) and EBITDA of ₹1.08 Cr (EBITDA margin 14.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Asia Power Projects is -7% over three years and 19% over five years. In the latest year (FY 2025) revenue rose 78%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Asia Power Projects is 33AADCA0485B1ZB, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Asia Power Projects is U40101KA1995PTC017485. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Asia Power Projects has 11 court cases on record: 1 filed by the company and 2 filed against it. 3 are pending.
Asia Power Projects was incorporated on 29 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Asia Power Projects by revenue are JDS Trade Links Pvt.Ltd, Orange Flare Solar Energy Private Limited, Sanjay Power Projects Private Limited, Acclimate Systems Private Limited, Arkay Iconic (UK) Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Projects).
Alessandra Bocchio ceased to be Additional Director on 30 May 2025. Alessandra Bocchio was appointed as Additional Director on 13 Mar 2025. Claudio Nucci ceased to be Director on 22 Nov 2022. Asia Power Projects has 12 board changes on record in total.