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 14 cases involving the company, including 6 filed by the company and 8 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Asia Power Projects Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressLakeside Residency 4 Annaswamy Mudaliar Road Bangalore, Karnataka, India – 560042
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Asia Power Projects 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 Asia Power Projects is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Asia Power Projects Private Limited, buy the company report.
Financials of Asia Power Projects Private Limited
FY 2025 filings availableAsia Power Projects Private Limited reported revenue of ₹7.57 Cr (up 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| 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
| 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 | |||||
To see the full financial statements and ratios of Asia Power Projects Private Limited, buy the company report.
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 |
Auditor
Asia Power Projects Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2022 | 008072S |
Shareholding
The shareholding of Asia Power Projects Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Asia Power Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Nov 1995 | 90196929 | State Bank of India | ₹80 Lakh | Open | |
| 06 Nov 1995 | 90200039 | State Bank of India | ₹80 Lakh | Open | |
| 21 Dec 1999 | 90200446 | Banque Nationale De Paris | ₹5 Cr | Satisfied | |
| 12 Dec 1999 | 90197652 | Banque Nationale De Paris | ₹5 Cr | Satisfied |
To see the full charge records of Asia Power Projects Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Asia Power Projects Private Limited has 14 court cases on record: 6 filed by Asia Power Projects, 8 filed against it. 3 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 3 |
| Supreme Court | 3 | 2 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed by the company against NLC India Limited | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by M/S.Neyveli Lignite Corporation Ltd. | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against NLC India Limited | Disposed |
| High Court, TAMIL NADU | Court case (OSA) | Filed by the company against Neyveli Lignite Corporation Ltd., | Disposed |
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against M.P. Power Management Company Ltd. Shakti Bhawan, Rampur, , , Madhya Pradesh and 1 other | Disposed |
To see the full case history of Asia Power Projects 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asia Power Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Asia Power Projects Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Asia Power Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCA0485B1ZB | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Asia Power Projects Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 2 current directors:
- Mariano Tenti - Director
- Srinivasa Raghavan Rajagopalan - Director
The latest financial statements of Asia Power Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
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 14 court cases on record: 6 filed by the company and 8 filed against it. 3 are pending. Most are in the high courts.
Asia Power Projects was incorporated on 29 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Bangalore.
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.
The registered office of Asia Power Projects is at Lakeside Residency 4 Annaswamy Mudaliar Road Bangalore, Karnataka, India – 560042.
Asia Power Projects operates in the energy and power industry, in the bop and btg services segment.