About Prayagraj Water Limited
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Prayagraj Water Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Adani Enterprises Limited. It operates in the water treatment segment of the environmental services sector. It was incorporated on 26 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U41000GJ2018PLC105778. Its GSTIN is 09AAKCP2687D1Z4 (Uttar Pradesh).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.98 Cr. It was formerly known as Prayagraj Water Private Limited. It is led by directors including Kamal Ramesh Harlakha (Managing Director) and Ashish Ravindra Porwal.
Its last annual general meeting (AGM) was held on 23 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹79.57 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹10.37 Cr (net margin 13%) and EBITDA of ₹28.16 Cr (EBITDA margin 35.4%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 6% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Adani Group. As per MCA filings, the company has open charges of ₹435.5 Cr on record. The company has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 12 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adani.com.
Company details
CIN history
Prayagraj Water has one previous CIN (Corporate Identification Number): U41000GJ2018PTC105778. The current CIN is U41000GJ2018PLC105778, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U41000GJ2018PLC105778 | Current |
| U41000GJ2018PTC105778 | Previous |
Contact details
Prayagraj Water Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryEnvironment, Water Treatment
- 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
Prayagraj Water operates one associated brand: Adani Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Diversified operations are conducted across multiple industries worldwide. | adani.com |
Business activity
The main business activity of Prayagraj Water is water supply; sewerage, waste management and remediation activities. In detail, this covers sewerage.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply; sewerage, waste management and remediation activities | 37 | Sewerage |
To see the full business activity and turnover split of Prayagraj Water Limited, buy the company report.
Financials of Prayagraj Water Limited
FY 2026 filings availablePrayagraj Water Limited reported revenue of ₹79.57 Cr (up 13% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 13% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 10% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹79.57 Cr | ||||
| Cost of Materials Consumed | |||||
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| EBITDA | ₹28.16 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.37 Cr | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.4% | ||||
| Net Profit Margin | 13% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Prayagraj Water Limited, buy the company report.
Board of directors of Prayagraj Water Limited
Prayagraj Water has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Ravindra Porwal Also directs: Bhagalpur Waste Water Limited, Adani Water Limited, Shri Kedarnath Ropeways Limited and 5 more | Director | 19 Nov 2022 | 3 Years 11 Months | Current |
| Shobhit Kumar Mishra Also directs: Azhiyur Vengalam Road Limited, PRS Tolls Limited, Indore Gujarat Road Limited and 5 more | Director | 25 Jul 2025 | 1 Years 3 Months | Current |
| Manasi Ganesh Rajput Also directs: Panagarh Palsit Road Limited, Vijayawada Bypass Project Limited, Tradechoice LLP and 5 more | Director | 25 Jul 2025 | 1 Years 3 Months | Current |
| Chetan Babaldas Patel Also directs: City Light Infrastructure LLP, Australian Premium Solar (India) Limited, Rajasthan Collieries Limited and 5 more | Director | 25 Apr 2025 | 1 Years 6 Months | Current |
| Kamal Ramesh Harlakha | Managing Director | 21 May 2026 | 0 Years 5 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Feb 2020 | 100326645 | Others | ₹217.75 Cr | Open | |
| 21 Jun 2019 | 100272904 | Others | ₹217.75 Cr | Open |
To see the full charge records of Prayagraj Water Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Prayagraj Water Limited has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Adani Enterprises Limited & Nishant Joshi, Adani Enterprises Limited & Manish Mistry Seller: Adani Green Energy Limited & Gunjan Maheshkumar Taunk, Adani Enterprises Limited & Bhanu Pratap Singh Naruka |
| Mar 2023 | Rights issue | ₹6.95 Cr | Investors: Adani Enterprises Limited , Organica Technologies Private Company Limited |
| Jan 2020 | Rights issue | ₹8.01 Cr | Investors: Adani Enterprises Limited , Organica Technologies Private Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Prayagraj Water Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Prayagraj Water Limited was last rated by Care on 23 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 23 Mar 2022 |
To see the full credit ratings and regulatory alerts of Prayagraj Water Limited, buy the company report.
MSME payment delays
Prayagraj Water Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| MBD and Company LLP | |||
| Force Tech Security (India) Private Limited | |||
| Four-D Management Consulting Private Limited | |||
| Pop Online Services Private Limited | |||
| 911 Support |
To see the full MSME payment records of Prayagraj Water Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Prayagraj Water has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAKCP2687D1Z4 | Uttar Pradesh | Active | 12 Jan 2019 |
To see the full GST registrations and return filing status of Prayagraj Water Limited, buy the company report.
Recent activity
Prayagraj Water Limited has 17 board changes on record since 2020: 5 appointments and 12 cessations. The latest: Kamal Ramesh Harlakha was appointed as Managing Director on 21 May 2026.
12 earlier events are in the company report.
Frequently asked questions
Prayagraj Water is an active public limited company based in Ahmedabad, Gujarat, India. The company works in water treatment, within the environment industry. It was incorporated on 26 December 2018 (8+ years old) and is registered under CIN U41000GJ2018PLC105778.
Prayagraj Water has 5 current directors:
- Kamal Ramesh Harlakha - Managing Director
- Ashish Ravindra Porwal - Director
- Shobhit Kumar Mishra - Director
- Manasi Ganesh Rajput - Director
- Chetan Babaldas Patel - Director
The latest financial statements of Prayagraj Water on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 June 2026. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Prayagraj Water is 09AAKCP2687D1Z4, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Prayagraj Water is U41000GJ2018PLC105778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prayagraj Water was incorporated on 26 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Prayagraj Water has 3 deals on record (2 rights issues, 1 secondary share transfer); the latest was in March 2024.
Kamal Ramesh Harlakha was appointed as Managing Director on 21 May 2026. Kundan Kishor ceased to be Additional Director on 25 Jul 2025. Manasi Ganesh Rajput was appointed as Director on 25 Jul 2025. Prayagraj Water has 17 board changes on record in total.
Prayagraj Water has 6 MSME Form 1 returns on record between 2019 and 2021, listing 40 overdue payments to 12 micro and small suppliers. The latest return was filed on 06 May 2021.
Prayagraj Water can be reached through the website adani.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Prayagraj Water is at Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421.
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