- Udyam number
- UDYAM-AP-12-0006331

About BSP Hydro Dredging Works Private Limited
Data last updated:
BSP Hydro Dredging Works Private Limited is a private limited company based in Bhimavaram, Andhra Pradesh, India. It operates in the hydroelectric projects and water resources segment of the infrastructure and utilities sector. It was incorporated on 17 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74300AP2015PTC097195. Its GSTIN is 37AAGCB4268G2ZJ (Andhra Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Ganesh Babu Pinaganti and Sattineni Naga Vishnu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D.No. 3 – 10 – 87/16 4th Floor D S R Residency, Bhimavaram, Andhra Pradesh, India – 534201.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.43 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹54.66 Lakh (net margin 3.8%) and EBITDA of ₹1.19 Cr (EBITDA margin 8.3%). Revenue has grown at a compounded annual rate (CAGR) of 66% over three years and 15% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: BSP Hydro Dredging Works. As per MCA filings, the company has open charges of ₹1.01 Cr on record. Court records list 9 cases involving the company, including 9 filed by the company.
BSP Hydro Dredging Works Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-AP-12-0006331). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bsphydro.in.
Company details
Recognitions & Rankings of BSP Hydro Dredging Works
Contact details
BSP Hydro Dredging Works Private Limited's registered office is in Bhimavaram, Andhra Pradesh. Its website is bsphydro.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD.No. 3 – 10 – 87/16 4th Floor D S R Residency, Bhimavaram, Andhra Pradesh, India – 534201
- IndustryInfrastructure and Utilities, Hydroelectric Projects & Water Resources
To see the full contact details of BSP Hydro Dredging Works 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
Brands
BSP Hydro Dredging Works operates one associated brand: BSP Hydro Dredging Works. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Dredging services, maintenance, and environmental works across India. | bsphydro.in |
Business activity
The main business activities of BSP Hydro Dredging Works are construction, support service to organizations and professional, scientific and technical. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities, rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities and other professional, scientific and technical activities. 3 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | |
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of BSP Hydro Dredging Works Private Limited, buy the company report.
Financials of BSP Hydro Dredging Works Private Limited
FY 2024 filings availableBSP Hydro Dredging Works Private Limited reported revenue of ₹14.43 Cr (up 258% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 258% growth in the latest year. EBITDA rose 103% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.19 Cr | ||||
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| Net Profit (PAT) | ₹54.66 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 8.3% | ||||
| Net Profit Margin | 3.8% | ||||
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To see the full financial statements and ratios of BSP Hydro Dredging Works Private Limited, buy the company report.
Board of directors of BSP Hydro Dredging Works Private Limited
BSP Hydro Dredging Works has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Babu Pinaganti | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
| Sattineni Naga Vishnu | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
| Pinaganti Navapreeth | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
| Bhonagiri Venkata Sesha Bheemeshwar | Director | 17 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
BSP Hydro Dredging Works Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Dredging, Hydro Projects), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mangaldas Infratech Private Limited | ₹15.97 Cr (FY 2025) | -57.0% | Pune, Maharashtra, India | |||
| BSP Hydro Dredging Works Private Limitedthis company | ₹14.43 Cr (FY 2024) | ₹54.66 Lakh | 3.8% | 258.0% | 21 | Bhimavaram, Andhra Pradesh, India |
| Riverine Dredging (India) Limited | ₹12.13 Cr (FY 2024) | -3.0% | Kolkata, West Bengal, India | |||
| Dragado Infra International Private Limited | ₹11.81 Cr (FY 2024) | -3.0% | Hyderabad, Telangana, India |
To see the full peer comparison of BSP Hydro Dredging Works Private Limited, buy the company report.
Shareholding
The shareholding of BSP Hydro Dredging Works Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of BSP Hydro Dredging Works Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2017 | 100103368 | State Bank of India | ₹95 Lakh | Open | |
| 18 Jan 2016 | 100027563 | Others | ₹5.7 Lakh | Open |
To see the full charge records of BSP Hydro Dredging Works Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
BSP Hydro Dredging Works Private Limited has 9 court cases on record: 9 filed by BSP Hydro Dredging Works. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Criminal complaint | Filed by the company against individuals | Disposed |
| High Court, ANDHRAPRADESH | Criminal complaint | Filed by the company against individuals | Disposed |
| High Court, ANDHRAPRADESH | Arbitration matter | Filed by the company against an individual | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh and 5 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against The State of Andhra Pradesh, and 5 others | Disposed |
To see the full case history of BSP Hydro Dredging Works 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 BSP Hydro Dredging Works Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
BSP Hydro Dredging Works Private Limited has a workforce of 21 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
BSP Hydro Dredging Works has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAGCB4268G2ZJ | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of BSP Hydro Dredging Works Private Limited, buy the company report.
Recent activity
BSP Hydro Dredging Works Private Limited has 4 board changes on record since 2015: 4 appointments. The latest: Pinaganti Navapreeth was appointed as Director on 30 Nov 2021.
Frequently asked questions
BSP Hydro Dredging Works is an active private limited company based in Bhimavaram, Andhra Pradesh, India. The company works in hydroelectric projects and water resources, within the infrastructure and utilities industry. It was incorporated on 17 August 2015 (11+ years old) and is registered under CIN U74300AP2015PTC097195.
BSP Hydro Dredging Works has 4 current directors:
- Ganesh Babu Pinaganti - Director
- Sattineni Naga Vishnu - Director
- Pinaganti Navapreeth - Director
- Bhonagiri Venkata Sesha Bheemeshwar - Director
The latest financial statements of BSP Hydro Dredging Works on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of BSP Hydro Dredging Works is 37AAGCB4268G2ZJ, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of BSP Hydro Dredging Works is U74300AP2015PTC097195. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BSP Hydro Dredging Works has 9 court cases on record: 9 filed by the company.
BSP Hydro Dredging Works was incorporated on 17 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of BSP Hydro Dredging Works by revenue are Mangaldas Infratech Private Limited, Riverine Dredging (India) Limited, Dragado Infra International Private Limited, all in the Infrastructure industry (Dredging, Hydro Projects), with the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Pinaganti Navapreeth was appointed as Director on 30 Nov 2021. Bhonagiri Venkata Sesha Bheemeshwar was appointed as Director on 17 Aug 2015. Ganesh Babu Pinaganti was appointed as Director on 17 Aug 2015. BSP Hydro Dredging Works has 4 board changes on record in total.
Yes, BSP Hydro Dredging Works is registered as an MSME under Udyam registration (number: UDYAM-AP-12-0006331).
BSP Hydro Dredging Works can be reached through the website bsphydro.in. Its registered office is in Bhimavaram, Andhra Pradesh, India.