MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-24-0009624
Fitwell Power Projects Private Limited - infrastructure and utilities in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.73 Cr
▼ 7% YoY
Net profit · FY 2025
₹87.07 Lakh
Net margin 3.7%
EBITDA · FY 2025
₹3.61 Cr
EBITDA margin 15.2%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹94.98 Lakh
Issued & subscribed
Open charges
₹19.2 Cr
Satisfied ₹18.39 Lakh
Company age
19 yrs
Est. 2007
Directors on board
4
As per MCA filings
About Fitwell Power Projects Private Limited
Data last updated:
Fitwell Power Projects Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the hydroelectric projects and water resources segment of the infrastructure and utilities sector. It was incorporated on 02 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45207GJ2007PTC049698. Its GSTIN is 24AABCF0592L1ZM (Gujarat). The company holds 9 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹94.98 Lakh. It is led by directors including Sunish Kunjumakan Edamurupel and Philomana Kunjumakan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ff/106. Gajanan Complex Old Padra Road, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.73 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹87.07 Lakh (net margin 3.7%) and EBITDA of ₹3.61 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years.
As per MCA filings, the company has open charges of ₹19.2 Cr and satisfied charges of ₹18.39 Lakh on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
Fitwell Power Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0009624). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fitwellpower.com.
Company details
CIN U45207GJ2007PTC049698
Registration Number 049698
Incorporation Date 02 January 2007
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-24-0009624
Key People
Sunish Kunjumakan Edamurupel Director Philomana Kunjumakan Director Kunjumakan Edamurupel Director Recognitions & Rankings of Fitwell Power Projects
Contact details
Fitwell Power Projects Private Limited's registered office is in Vadodara, Gujarat. Its website is fitwellpower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFf/106. Gajanan Complex Old Padra Road, Vadodara, Gujarat, India – 390020
- IndustryInfrastructure and Utilities, Hydroelectric Projects & Water Resources
To see the full contact details of Fitwell Power Projects Private Limited, buy the company report.
Comprehensive company report
Fitwell Power Projects Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Fitwell Power Projects is professional, scientific and technical. 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 | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Fitwell Power Projects Private Limited, buy the company report.
Financials of Fitwell Power Projects Private Limited
FY 2025 filings availableFitwell Power Projects Private Limited reported revenue of ₹23.73 Cr (down 7% YoY) for FY 2025.
Revenue · FY 2025
₹23.73 Cr ▼ 7%
Net profit · FY 2025
₹87.07 Lakh margin 3.7%
EBITDA · FY 2025
₹3.61 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 8%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 27%
Revenue fell 7% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 6% 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 | ₹23.73 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹87.07 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 | 15.2% | ||||
| Net Profit Margin | 3.7% | ||||
| 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 Fitwell Power Projects Private Limited, buy the company report.
Board of directors of Fitwell Power Projects Private Limited
Fitwell Power Projects has 4 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunish Kunjumakan Edamurupel | Director | 25 Feb 2015 | 11 Years 7 Months | Current |
| Philomana Kunjumakan | Director | 02 Jan 2007 | 19 Years 9 Months | Current |
| Kunjumakan Edamurupel | Director | 02 Jan 2007 | 19 Years 9 Months | Current |
| Paramjit Sandhu Singh | Director | 01 Mar 2010 | 16 Years 7 Months | Current |
Peer comparison
Fitwell Power Projects Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Hydro Projects, Power Projects), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Continual Renewable Energy Private Limited | ₹26.01 Cr (FY 2024) | 47.0% | Pune, Maharashtra, India | |||
| Gensol Utilities Private Limited | ₹25.39 Cr (FY 2023) | 352.0% | Ahmedabad, Gujarat, India | |||
| Grun Umwelt Energy Private Limited | ₹24.28 Cr (FY 2025) | 110.0% | Jammu, Jammu and Kashmir, India | |||
| Fitwell Power Projects Private Limitedthis company | ₹23.73 Cr (FY 2025) | ₹87.07 Lakh | 3.7% | -7.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Fitwell Power Projects Private Limited, buy the company report.
Auditor
Fitwell Power Projects Private Limited is audited by D G Kadecha & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D G Kadecha & Associates | FY 2024 | 140564W |
Shareholding
The shareholding of Fitwell Power Projects Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Fitwell Power Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹19.2 Cr
Satisfied charges
₹18.39 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jun 2026 | 101351186 | Axis Bank Limited | ₹77.67 Lakh | Open | |
| 08 Jun 2026 | 101320784 | The South Indian Bank Limited | ₹1.59 Cr | Open | |
| 16 Mar 2026 | 101268152 | The South Indian Bank Limited | ₹9 Lakh | Open | |
| 17 Jul 2024 | 100959887 | The South Indian Bank Limited | ₹10 Lakh | Open | |
| 16 Mar 2024 | 100910075 | The South Indian Bank Limited | ₹3.96 Lakh | Open |
To see the full charge records of Fitwell Power Projects Private Limited, buy the company report.
Total charge records: 17 View all charges
Legal cases
Fitwell Power Projects Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed against the company
6
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 2 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chamba, Himachal Pradesh | Court case (Suit For Recovery) | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Court case (CR-EN) | Filed against the company by an individual | Pending |
| District court, Jamnagar, Gujarat | Court case (SMST R) | Filed against the company by an individual | Disposed |
| District court, Kullu, Himachal Pradesh | Court case (Labour Act.) | Filed against the company by State of HP | Disposed |
| District court, Banaskanth at Palanpur, Gujarat | Criminal complaint | Filed against the company by Labpur Enforcement Officer and Inspector Government of India | Disposed |
To see the full case history of Fitwell 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
Fitwell Power Projects Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 9 overdue payments to 5 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Inspection & Testing Engineers | |||
| Lynx Communication Systems Private Limited | |||
| Resonance Power Systems Private Limited | |||
| Met Heat Engineers Private Limited | |||
| Executive Security Service Private Limited |
To see the full MSME payment records of Fitwell Power Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fitwell Power Projects Private Limited has 1 active EPFO establishment as of Oct 09, 2025.
Active EPFO establishments
1
GST
Fitwell Power Projects has 9 GST registrations: 4 active and 5 cancelled or inactive.
Total GSTINs
9
Active
4
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCF0592L1ZM | Gujarat | Active | 01 Jul 2017 |
| 05AABCF0592L1ZM | Uttarakhand | Active | 01 Jul 2017 |
| 02AABCF0592L1ZS | Himachal Pradesh | Active | 02 Jul 2017 |
| 32AABCF0592L1ZP | Kerala | Active | 22 Aug 2017 |
To see the full GST registrations and return filing status of Fitwell Power Projects Private Limited, buy the company report.
Recent activity
Fitwell Power Projects Private Limited has 4 board changes on record since 2007: 4 appointments. The latest: Sunish Kunjumakan Edamurupel was appointed as Director on 25 Feb 2015.
Charges
A charge with The South Indian Bank Limited of Rs. 1.59 Cr registered on 08 Jun 2026 with Charge ID 101320784 was modified on 12 Jun 2026.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.78 Cr with Charge ID 101351186 was registered on 10 Jun 2026.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 1.59 Cr with Charge ID 101320784 was registered on 08 Jun 2026.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.09 Cr with Charge ID 101268152 was registered on 16 Mar 2026.
AGM
Fitwell Power Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Fitwell Power Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with The South Indian Bank Limited of Rs. 13.82 Cr registered on 05 Mar 2009 with Charge ID 10152238 was modified on 29 Mar 2025.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100959887 was registered on 17 Jul 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.04 Cr with Charge ID 100910075 was registered on 16 Mar 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100875970 was registered on 19 Feb 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100826988 was registered on 20 Nov 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100629094 was registered on 10 Nov 2022.
15 earlier events are in the company report.
Frequently asked questions
Fitwell Power Projects is an active private limited company based in Vadodara, Gujarat, India. The company works in hydroelectric projects and water resources, within the infrastructure and utilities industry. It was incorporated on 02 January 2007 (19+ years old) and is registered under CIN U45207GJ2007PTC049698.
Fitwell Power Projects has 4 current directors:
- Sunish Kunjumakan Edamurupel - Director
- Philomana Kunjumakan - Director
- Kunjumakan Edamurupel - Director
- Paramjit Sandhu Singh - Director
The latest financial statements of Fitwell Power Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Fitwell Power Projects is 24AABCF0592L1ZM, registered in Gujarat. The company has 9 GST registrations in all, of which 4 are active and 5 are cancelled or inactive. Other active GSTINs include 05AABCF0592L1ZM (Uttarakhand), 02AABCF0592L1ZS (Himachal Pradesh), 32AABCF0592L1ZP (Kerala).
The CIN (Corporate Identification Number) of Fitwell Power Projects is U45207GJ2007PTC049698. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fitwell Power Projects has 6 court cases on record: 6 filed against it. 2 are pending.
Fitwell Power Projects was incorporated on 02 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Fitwell Power Projects by revenue are Continual Renewable Energy Private Limited, Gensol Utilities Private Limited, Grun Umwelt Energy Private Limited, all in the Infrastructure industry (Hydro Projects, Power Projects), with the same principal business activity (other professional, scientific and technical activities).
Sunish Kunjumakan Edamurupel was appointed as Director on 25 Feb 2015. Paramjit Sandhu Singh was appointed as Director on 01 Mar 2010. Kunjumakan Edamurupel was appointed as Director on 02 Jan 2007. Fitwell Power Projects has 4 board changes on record in total.
Yes, Fitwell Power Projects is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-24-0009624).
Fitwell Power Projects has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Fitwell Power Projects can be reached through the website fitwellpower.com. Its registered office is in Vadodara, Gujarat, India.