MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-03-0003160
Ric Projects Private Limited - infrastructure and utilities in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.36 Cr
▼ 32% YoY
Net profit · FY 2025
₹1.09 Cr
Net margin 1.8%
EBITDA · FY 2025
₹4.61 Cr
EBITDA margin 7.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹3.65 Lakh
Issued & subscribed
Open charges
₹52.5 Cr
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
394
Provident fund records
About Ric Projects Private Limited
Data last updated:
Ric Projects Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 23 April 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70101DL1996PTC078401. Its GSTIN is 07AABCA1246Q1ZK (Delhi). The company holds 20 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹3.65 Lakh. It was formerly known as Aakanksha Farms & Construction P Ltd. It is led by directors including Anshul Sinha and Sanjay Sinha.
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 A – 6 Naraina Vihar, Flat No 3, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.36 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net profit of ₹1.09 Cr (net margin 1.8%) and EBITDA of ₹4.61 Cr (EBITDA margin 7.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
The company has about 394 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹52.5 Cr on record. Court records list 16 cases involving the company, including 4 filed by the company and 12 filed against it; 2 cases are pending.
Ric Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-03-0003160). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ricprojects.in.
Company details
CIN U70101DL1996PTC078401
Registration Number 078401
Incorporation Date 23 April 1996
ROC Delhi
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 Medium
Udyam Registration UDYAM-DL-03-0003160
Recognitions & Rankings of Ric Projects
Contact details
Ric Projects Private Limited's registered office is in New Delhi, Delhi. Its website is ricprojects.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 6 Naraina Vihar, Flat No 3, New Delhi, Delhi, India – 110028
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Ric Projects Private Limited, buy the company report.
Comprehensive company report
Ric 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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Secure checkout · GST invoice included
Business activity
The main business activity of Ric Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| 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 |
To see the full business activity and turnover split of Ric Projects Private Limited, buy the company report.
Financials of Ric Projects Private Limited
FY 2025 filings availableRic Projects Private Limited reported revenue of ₹59.36 Cr (down 32% YoY) for FY 2025.
Revenue · FY 2025
₹59.36 Cr ▼ 32%
Net profit · FY 2025
₹1.09 Cr margin 1.8%
EBITDA · FY 2025
₹4.61 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 32%
3 years · compounded
▼ 13%
5 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 18%
5 years · compounded
▼ 15%
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 32% fall in the latest year. EBITDA fell 17% 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 | ₹59.36 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.61 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.09 Cr | ||||
| 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 | 7.8% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Ric Projects Private Limited, buy the company report.
Board of directors of Ric Projects Private Limited
Ric Projects has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anshul Sinha Also directs: Neo Fusion Solutions LLP | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Sanjay Sinha Also directs: Neo Fusion Solutions LLP | Director | 23 Apr 1996 | 30 Years 6 Months | Current |
| Jyotsna Sinha | Director | 23 Apr 1996 | 30 Years 6 Months | Current |
Auditor
Ric Projects Private Limited is audited by DEEPAK GULATI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DEEPAK GULATI & ASSOCIATES | FY 2023 | 007545N |
Shareholding
The shareholding of Ric Projects Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Ric Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹52.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Feb 2026 | 101238547 | Others | ₹7.5 Cr | Open | |
| 24 Oct 2008 | 10129972 | Others | ₹45 Cr | Open |
To see the full charge records of Ric Projects Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Ric Projects Private Limited has 16 court cases on record: 4 filed by Ric Projects, 12 filed against it. 2 cases are pending and 14 are disposed.
Total cases
16
Filed by the company
4
Filed against the company
12
Pending
2
Disposed
14
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 11 | 2 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Mahadev Profiles Pvt Ltd and Anr and 1 other | Pending |
| High Court of Delhi | Court case (RFA(COMM)) | Filed against the company by M/S NBCC (India) Ltd. | Disposed |
| District court, South East, Delhi | Execution petition | Filed by the company against M/S NBCC (India) Ltd | Disposed |
| District court, South East, Delhi | Commercial suit | Filed by the company against M/S NBCC India Ltd. | Disposed |
| District court, New Delhi, Delhi | Court case (CS (COMM.)) | Filed by the company against M/S Corner Art Store | Pending |
To see the full case history of Ric 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.
Credit ratings & regulatory alerts
Ric Projects Private Limited was last rated by Care on 24 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Mar 2022 |
To see the full credit ratings and regulatory alerts of Ric Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ric Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ric Projects Private Limited has a workforce of 394 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
394
Active EPFO establishments
1
Employee growth
-39.66%
GST
Ric Projects has 20 GST registrations: 15 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
20
Active
15
Cancelled / inactive
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCA1246Q1ZK | Delhi | Active | 01 Jul 2017 |
| 04AABCA1246Q1ZQ | Chandigarh | Active | 01 Jul 2017 |
| 05AABCA1246Q1ZO | Uttarakhand | Active | 01 Jul 2017 |
| 09AABCA1246Q2ZF | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ric Projects Private Limited, buy the company report.
Recent activity
Ric Projects Private Limited has 3 board changes on record since 1996: 3 appointments. The latest: Anshul Sinha was appointed as Director on 14 Aug 2020.
Charges
A charge with Others amounted to Rs. 750.00 Lakh with Charge ID 101238547 was registered on 20 Feb 2026.
AGM
Ric Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ric Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Others of Rs. 4,500.00 Lakh registered on 24 Oct 2008 with Charge ID 10129972 was modified on 30 Jun 2023.
Appointed
Anshul Sinha was appointed as Director.
Charges
A charge with Others amounted to Rs. 4,500.00 Lakh with Charge ID 10129972 was registered on 24 Oct 2008.
Appointed
Jyotsna Sinha was appointed as Director.
Appointed
Sanjay Sinha was appointed as Director.
Incorporation
23 Apr 1996
Ric Projects Private Limited was registered on 23 Apr 1996 with Roc Delhi I & aged 30 years 6 months as per MCA records.
Frequently asked questions
Ric Projects is an active private limited company based in New Delhi, Delhi, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 23 April 1996 (30+ years old) and is registered under CIN U70101DL1996PTC078401.
Ric Projects has 3 current directors:
- Anshul Sinha - Director
- Sanjay Sinha - Director
- Jyotsna Sinha - Director
The latest financial statements of Ric 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 Ric Projects is 07AABCA1246Q1ZK, registered in Delhi. The company has 20 GST registrations in all, of which 15 are active and 5 are cancelled or inactive. Other active GSTINs include 04AABCA1246Q1ZQ (Chandigarh), 05AABCA1246Q1ZO (Uttarakhand), 09AABCA1246Q2ZF (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ric Projects is U70101DL1996PTC078401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ric Projects has 16 court cases on record: 4 filed by the company and 12 filed against it. 2 are pending. Most are in the district courts.
Ric Projects was incorporated on 23 April 1996, making it 30+ years old. It is registered with the Registrar of Companies, Delhi.
Anshul Sinha was appointed as Director on 14 Aug 2020. Jyotsna Sinha was appointed as Director on 23 Apr 1996. Sanjay Sinha was appointed as Director on 23 Apr 1996.
Yes, Ric Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-03-0003160).
Ric Projects can be reached through the website ricprojects.in. Its registered office is in New Delhi, Delhi, India.
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