Devona Thermal Power Projects Limited
About Devona Thermal Power Projects Limited
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Devona Thermal Power Projects Limited was a public limited company based in New Delhi, Delhi, India, operated as a subsidiary of Rattanindia Power Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the construction and maintenance of power plants segment of the construction sector. It was incorporated on 06 August 2008.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U45207DL2008PLC181769.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Indiabulls Thermal Power Projects Limited. It was led by directors including Raghunandan Kumar Sharma and Pankaj Singhal.
Its last annual general meeting (AGM) was held on 24 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at A – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037.
As per the financials filed for FY 2018, the company reported a revenue of ₹14,160, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹2,020 (net margin 14.3%) and EBITDA of ₹2,020 (EBITDA margin 14.3%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
Company details
Contact details
Devona Thermal Power Projects Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037
- IndustryConstruction, Construction & Maintenance Of Power Plants, Complete Constructions, Civil Engineering
To see the full contact details of Devona Thermal Power Projects 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
Financials of Devona Thermal Power Projects Limited
FY 2018 filings availableDevona Thermal Power Projects Limited reported revenue of ₹14,160 (down 9% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 9% fall in the latest year. EBITDA rose 296% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2,020 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2,020 | |||
| Balance Sheet | ||||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 14.3% | |||
| Net Profit Margin | 14.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of Devona Thermal Power Projects Limited, buy the company report.
Board of directors of Devona Thermal Power Projects Limited
Devona Thermal Power Projects has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghunandan Kumar Sharma | Director | 20 Apr 2010 | 16 Years 6 Months | As last reported |
| Pankaj Singhal | Director | 08 Feb 2016 | 10 Years 9 Months | As last reported |
| Amit Jain Also directs: Erwan Mining Private Limited, Revolt Intellicorp Private Limited, Rattanindia Solar 1 Private Limited and 5 more | Director | 10 Feb 2014 | 12 Years 9 Months | As last reported |
Peer comparison
Devona Thermal Power Projects Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Power Projects), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cargo Power and Infrastructure Private Limited | ₹16,215 (FY 2024) | 152.0% | New Delhi, Delhi, India | |||
| Unissi Renewable Energy and Infra Private Limited | ₹16,000 (FY 2025) | 47.0% | Gurgaon, Haryana, India | |||
| Sentia Hydro Power Projects Limited | ₹15,620 (FY 2018) | -9.0% | New Delhi, Delhi, India | |||
| Makkan Hydropower Private Limited | ₹15,600 (FY 2025) | -17.0% | Solan, Himachal Pradesh, India | |||
| Decent Power Projects Private Limited | ₹15,480 (FY 2016) | 10.0% | Kolkata, West Bengal, India | |||
| Devona Thermal Power Projects Limitedthis company | ₹14,160 (FY 2018) | ₹2,020 | 14.3% | -9.0% | New Delhi, Delhi, India | |
| JRP Infra Limited | ₹14,000 (FY 2024) | -46.0% | Chennai, Tamil Nadu, India | |||
| SMVD Power Projects Private Limited | ₹13,500 (FY 2025) | 29.0% | New Delhi, Delhi, India | |||
| Devona Power Projects Limited | ₹13,310 (FY 2018) | -7.0% | New Delhi, Delhi, India | |||
| Navia One Power Private Limited | ₹13,000 (FY 2025) | Gurgaon, Haryana, India | ||||
| Techman Energy Limited | ₹12,852 (FY 2025) | -42.0% | New Delhi, Delhi, India |
To see the full peer comparison of Devona Thermal Power Projects Limited, buy the company report.
Auditor
Devona Thermal Power Projects Limited is audited by Sharma Goel & Co. LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sharma Goel & Co. LLP | FY 2016 | 000643N |
Shareholding
The shareholding of Devona Thermal Power Projects Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Devona Thermal Power Projects Limited, buy the company report.
Legal cases
No court or tribunal cases involving Devona Thermal Power Projects Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Devona Thermal Power Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Devona Thermal Power Projects Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Devona Thermal Power Projects Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Pankaj Singhal ceased to be Additional Director on 23 Sep 2016.
3 earlier events are in the company report.
Frequently asked questions
Devona Thermal Power Projects has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Devona Thermal Power Projects was a public limited company based in New Delhi, Delhi, India. The company worked in construction and maintenance of power plants, within the construction industry. It was incorporated on 06 August 2008 and is registered under CIN U45207DL2008PLC181769. The company has been struck off by the Registrar of Companies and is no longer operational.
Devona Thermal Power Projects had 3 directors:
- Raghunandan Kumar Sharma - Director
- Pankaj Singhal - Director
- Amit Jain - Director
The CIN (Corporate Identification Number) of Devona Thermal Power Projects is U45207DL2008PLC181769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Devona Thermal Power Projects is at A – 49 Ground Floor Road No. 4 Mahipalpur, New Delhi, Delhi, India – 110037.
Devona Thermal Power Projects was incorporated on 06 August 2008. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Devona Thermal Power Projects on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 24 September 2018. Year-wise statements from 2015 are in the company report.
Devona Thermal Power Projects operated in the construction industry, in the construction and maintenance of power plants segment. It worked in this industry before it was struck off.
The peers of Devona Thermal Power Projects by revenue are Cargo Power and Infrastructure Private Limited, Unissi Renewable Energy and Infra Private Limited, Sentia Hydro Power Projects Limited, Makkan Hydropower Private Limited, Decent Power Projects Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Pankaj Singhal ceased to be Additional Director on 23 Sep 2016. Pankaj Singhal was appointed as Director on 08 Feb 2016. Sanjeev Agarwal ceased to be Director on 08 Feb 2016. Devona Thermal Power Projects has 12 board changes on record in total.
Yes. Devona Thermal Power Projects was formerly known as Indiabulls Thermal Power Projects Limited.
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