About Aaria Projects Limited
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Aaria Projects Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 05 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45209TG2011PLC076299. Its GSTIN is 36AADCV7695Q1Z7 (Telangana). The company holds 7 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Aaria Projects Private Limited and Vertical Constructions Private Limited. It is led by directors including Sai Kumar Akella and Jyothi Gutta.
Its last annual general meeting (AGM) was held on 27 April 2021, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Flat No. 1 – 206 Divya Shakthi Complex Green Lands Ameerpet, Hyderabad, Telangana, India – 500016.
As per the financials filed for FY 2020, the company reported a revenue of ₹11.53 Cr, a decline of 94% compared to the previous year. For the same year it recorded a net profit of ₹19.14 Lakh (net margin 1.7%) and EBITDA of ₹58.91 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 30% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20.9 Lakh and satisfied charges of ₹2.75 Cr on record. Court records list 29 cases involving the company, including 8 filed by the company and 21 filed against it; 9 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aariaprojects.com.
Company details
Name history
Aaria Projects has undergone 2 name changes throughout its history. The company was previously known as Aaria Projects Private Limited, and Vertical Constructions Private Limited. The current legal name is Aaria Projects Limited.
| Company Name | Status |
|---|---|
| Aaria Projects Limited | Current |
| Aaria Projects Private Limited | Previous |
| Vertical Constructions Private Limited | Previous |
CIN history
Aaria Projects has one previous CIN (Corporate Identification Number): U45209TG2011PTC076299. The current CIN is U45209TG2011PLC076299, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45209TG2011PLC076299 | Current |
| U45209TG2011PTC076299 | Previous |
Contact details
Aaria Projects Limited's registered office is in Hyderabad, Telangana. Its website is aariaprojects.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFlat No. 1 – 206 Divya Shakthi Complex Green Lands Ameerpet, Hyderabad, Telangana, India – 500016
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of Aaria 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
Business activity
The main business activity of Aaria Projects is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Aaria Projects Limited, buy the company report.
Financials of Aaria Projects Limited
FY 2020 filings availableAaria Projects Limited reported revenue of ₹11.53 Cr (down 94% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 94% fall in the latest year. EBITDA fell 91% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹58.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.14 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1.7% | ||||
| 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 Aaria Projects Limited, buy the company report.
Board of directors of Aaria Projects Limited
Aaria Projects has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sai Kumar Akella Also directs: De Generic Bio-Tech Private Limited, Aakella Technologies Private Limited, Acero Infratech Private Limited and 3 more | Director | 06 Feb 2014 | 12 Years 9 Months | Current |
| Jyothi Gutta | Director | 08 Feb 2019 | 7 Years 9 Months | Current |
| Prakash Ankam | Director | 22 Jan 2021 | 5 Years 9 Months | Current |
Auditor
Aaria Projects Limited is audited by PRADEEP G & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP G & ASSOCIATES | FY 2020 | 019377S |
Shareholding
The shareholding of Aaria Projects Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aaria Projects Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 May 2019 | 100268146 | Axis Bank Limited | ₹20.9 Lakh | Open | |
| 27 Oct 2014 | 10544463 | Vijaya Bank | ₹2.75 Cr | Satisfied |
To see the full charge records of Aaria Projects Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Aaria Projects Limited has 29 court cases on record: 8 filed by Aaria Projects, 21 filed against it. 9 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 11 | 11 | 4 |
| NCLT | 8 | 5 | 0 |
| District courts | 4 | 3 | 3 |
| High courts | 4 | 0 | 2 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 29)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Criminal case | Filed against the company by Kotak Mahindra Prime Ltd Rep by Santhosh Kumar | Pending |
| NCLAT, Court I | Tribunal matter | Filed against the company by M/S Kineta Global Limited | Disposed |
| Supreme Court | Court case (1006-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Others) | Filed against the company by Idbi Bank Limited Authorized Signatory Branch Office at 115, Anna Salai Saidapet, Channai Tamil Nadu , District: Chennai ,Chennai , Tamil Nadu | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by Idbi Bank Limited and 5 others | Disposed |
| NCLT, Chennai | Insolvency matter | Filed against the company by Idbi Bank Ltd | Disposed |
To see the full case history of Aaria Projects 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 Aaria Projects Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aaria Projects Limited has a workforce of 11 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Aaria Projects has 7 GST registrations: 1 active and 6 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCV7695Q1Z7 | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aaria Projects Limited, buy the company report.
Recent activity
Aaria Projects Limited has 10 board changes on record since 2013: 3 appointments and 7 cessations. The latest: Prakash Ankam was appointed as Director on 22 Jan 2021.
4 earlier events are in the company report.
Frequently asked questions
Aaria Projects is an active public limited company based in Hyderabad, Telangana, India. The company works in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 05 September 2011 (15+ years old) and is registered under CIN U45209TG2011PLC076299.
Aaria Projects has 3 current directors:
- Sai Kumar Akella - Director
- Jyothi Gutta - Director
- Prakash Ankam - Director
The latest financial statements of Aaria Projects on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 27 April 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Aaria Projects is 36AADCV7695Q1Z7, registered in Telangana. The company has 7 GST registrations in all, of which 1 is active and 6 are cancelled or inactive.
The CIN (Corporate Identification Number) of Aaria Projects is U45209TG2011PLC076299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aaria Projects has 29 court cases on record: 8 filed by the company and 21 filed against it. 9 are pending. Most are in the nclat.
Aaria Projects was incorporated on 05 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Prakash Ankam was appointed as Director on 22 Jan 2021. Koppula Vidyasagar Reddy ceased to be Director on 03 Aug 2019. Jyothi Gutta was appointed as Director on 08 Feb 2019. Aaria Projects has 10 board changes on record in total.
Aaria Projects can be reached through the website aariaprojects.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Aaria Projects is at Flat No. 1 – 206 Divya Shakthi Complex Green Lands Ameerpet, Hyderabad, Telangana, India – 500016.
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