Prodigy Hydro Power Private Limited
About Prodigy Hydro Power Private Limited
Data last updated:
Prodigy Hydro Power Private Limited is a private limited company based in Bellary, Karnataka, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 26 November 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51109KA1999PTC057537. Its GSTIN is 29AADCP6130G2ZG (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹14.16 Cr and a paid-up capital of ₹14.16 Cr. It is led by directors Jyoti Yechreddy and Harish Yechareddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at #44 3rd Cross Parvathi Nagar, Bellary, Karnataka, India – 583103.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.02 Cr, a growth of 35% compared to the previous year. For the same year it recorded a net loss of ₹72.22 Lakh (net margin -12%) and EBITDA of ₹4.06 Cr (EBITDA margin 67.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹48 Cr and satisfied charges of ₹21 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Prodigy Hydro Power has one previous CIN (Corporate Identification Number): U51109PB1999PTC023108. The current CIN is U51109KA1999PTC057537, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109KA1999PTC057537 | Current |
| U51109PB1999PTC023108 | Previous |
Contact details
Prodigy Hydro Power Private Limited's registered office is in Bellary, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#44 3rd Cross Parvathi Nagar, Bellary, Karnataka, India – 583103
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Prodigy Hydro Power Private 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 Prodigy Hydro Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Prodigy Hydro Power Private Limited, buy the company report.
Financials of Prodigy Hydro Power Private Limited
FY 2024 filings availableProdigy Hydro Power Private Limited reported revenue of ₹6.02 Cr (up 35% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 35% growth in the latest year. EBITDA rose 113% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹4.06 Cr | ||||
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| Net Profit (PAT) | -₹72.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 67.4% | ||||
| Net Profit Margin | -12% | ||||
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To see the full financial statements and ratios of Prodigy Hydro Power Private Limited, buy the company report.
Board of directors of Prodigy Hydro Power Private Limited
Prodigy Hydro Power has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jyoti Yechreddy | Director | 10 Jul 2017 | 9 Years 3 Months | Current |
| Harish Yechareddy | Director | 31 Oct 2009 | 17 Years 0 Months | Current |
Peer comparison
Prodigy Hydro Power Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tissa Hydro Power Private Limited | ₹6.25 Cr (FY 2025) | -12.0% | Hyderabad, Telangana, India | |||
| Avalon Power Private Limited | ₹6.23 Cr (FY 2025) | -23.0% | Kolhapur, Maharashtra, India | |||
| Krishna Valley Power Private Limited | ₹6.18 Cr (FY 2024) | -13.0% | Mumbai, Maharashtra, India | |||
| Prodigy Hydro Power Private Limitedthis company | ₹6.02 Cr (FY 2024) | -₹72.22 Lakh | -12% | 35.0% | Bellary, Karnataka, India | |
| Viyyat Power Private Limited | ₹5.75 Cr (FY 2025) | 4.0% | Thiruvananthapuram, Kerala, India | |||
| Chamoli Hydro Power Private Limited | ₹5.53 Cr (FY 2025) | -12.0% | Tharali, Uttarakhand, India | |||
| Greenko Anubhav Hydel Power Private Limited | ₹5.52 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Prodigy Hydro Power Private Limited, buy the company report.
Auditor
Prodigy Hydro Power Private Limited is audited by Badri And Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Badri And Co. | FY 2023 | 000303S |
Shareholding
The shareholding of Prodigy Hydro Power Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Prodigy Hydro Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jun 2024 | 100940373 | Others | ₹28 Cr | Open | |
| 30 Nov 2021 | 100516361 | Others | ₹20 Cr | Open | |
| 02 Aug 2013 | 10449949 | Others | ₹21 Cr | Satisfied |
To see the full charge records of Prodigy Hydro Power Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Prodigy Hydro Power Private Limited has 15 court cases on record: 12 filed by Prodigy Hydro Power, 3 filed against it. 3 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 0 | 2 |
| Supreme Court | 3 | 3 | 1 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Himachal Pradesh State Electricity Board Limited and 6 others | Disposed |
| Supreme Court | Court case (4203-MATTERS RELATING TO LEASES, GOVT. CONTRACTS & CONTRACTS BY LOCAL BODIES : Tenders invited or contracts awarded/leases granted or determined by State Governments / Union Territories) | Filed against the company by M/S. Dakshina Kannada Power Pvt. Ltd. | Disposed |
| Supreme Court | Appeal | Filed against the company by State of Himachal Pradesh | Pending |
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against an individual | Pending |
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of Prodigy Hydro Power 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
No delayed payments to MSME suppliers are on our record for Prodigy Hydro Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prodigy Hydro Power has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCP6130G2ZG | Karnataka | Active | 01 Jul 2017 |
| 02AADCP6130G1ZX | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Prodigy Hydro Power Private Limited, buy the company report.
Recent activity
Prodigy Hydro Power Private Limited has 10 board changes on record since 2008: 2 appointments and 8 cessations. The latest: Satish Yeachareddy ceased to be Director on 15 Sep 2017.
7 earlier events are in the company report.
Frequently asked questions
Prodigy Hydro Power is an active private limited company based in Bellary, Karnataka, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 26 November 1999 (27+ years old) and is registered under CIN U51109KA1999PTC057537.
Prodigy Hydro Power has 2 current directors:
- Jyoti Yechreddy - Director
- Harish Yechareddy - Director
The latest financial statements of Prodigy Hydro Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prodigy Hydro Power is 29AADCP6130G2ZG, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 02AADCP6130G1ZX (Himachal Pradesh).
The CIN (Corporate Identification Number) of Prodigy Hydro Power is U51109KA1999PTC057537. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prodigy Hydro Power has 15 court cases on record: 12 filed by the company and 3 filed against it. 3 are pending. Most are in the high courts.
Prodigy Hydro Power was incorporated on 26 November 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Prodigy Hydro Power by revenue are Tissa Hydro Power Private Limited, Avalon Power Private Limited, Krishna Valley Power Private Limited, Viyyat Power Private Limited, Chamoli Hydro Power Private Limited and 1 more, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Satish Yeachareddy ceased to be Director on 15 Sep 2017. Jyoti Yechreddy was appointed as Director on 10 Jul 2017. Jyoti Yechreddy ceased to be Director on 16 Jan 2014. Prodigy Hydro Power has 10 board changes on record in total.
The registered office of Prodigy Hydro Power is at #44 3rd Cross Parvathi Nagar, Bellary, Karnataka, India – 583103.
Prodigy Hydro Power operates in the environment industry, in the hydroelectric power solutions segment.
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