Ridge Homes LLP
About Ridge Homes LLP
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Ridge Homes LLP is a limited liability partnership (LLP) based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 28 June 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Hyderabad, under LLPIN AAP-7751. Its GSTIN is 36AAZFR9237R1ZR (Telangana).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Srinivasa Raju Vetukuri and Suryanarayana Raju Penmetsa.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Flat No. 301 Ayyappa Towers VI – Phase Hig Plot Nos. 163 164 & 165 Kphb, Hyderabad, Telangana, India – 500072.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹14.28 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹58.02 Lakh (net margin 4.1%) and EBITDA of ₹1.1 Cr (EBITDA margin 7.7%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years.
Court records list 24 cases involving the LLP, including 18 filed by the LLP and 6 filed against it; 12 cases are pending.
Company details
Contact details
Ridge Homes LLP's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 301 Ayyappa Towers VI – Phase Hig Plot Nos. 163 164 & 165 Kphb, Hyderabad, Telangana, India – 500072
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ridge Homes LLP, 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
Financials of Ridge Homes LLP
FY 2024 filings availableRidge Homes LLP reported revenue of ₹14.28 Cr (up 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 24% over three years, including 69% growth in the latest year. EBITDA rose 53% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Tax | ||||
| Profit After Tax | ₹58.02 Lakh | |||
| Profit Transferred to Partners | ||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | ||||
| Net Profit Margin | 4.1% | |||
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To see the full financial statements and ratios of Ridge Homes LLP, buy the company report.
Designated partners of Ridge Homes LLP
Ridge Homes has 3 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasa Raju Vetukuri Also directs: Kshetra Living LLP, Kshetra Agrofarms LLP | Designated Partner | 28 Jun 2019 | 7 Years 4 Months | Current |
| Suryanarayana Raju Penmetsa Also directs: Elevation Infracon India Private Limited, Kshetra Living LLP, Kshetra Agrofarms LLP and 5 more | Designated Partner | 28 Jun 2019 | 7 Years 4 Months | Current |
| Srirama Raju Penmatcha Also directs: Elevation Infracon India Private Limited | Designated Partner | 28 Jun 2019 | 7 Years 4 Months | Current |
Legal cases
Ridge Homes LLP has 24 court cases on record: 18 filed by Ridge Homes, 6 filed against it. 12 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 4 | 7 |
| High courts | 9 | 2 | 4 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangareddy, Telangana | Civil suit | Filed against the company by Ms Abhinandana Avenues Pvt Ltd | Pending |
| District court, Rangareddy, Telangana | Court case (COS) | Filed by the company against M/S Sandstone Infra India Private Limited | Pending |
| District court, Sangareddy, Telangana | Civil suit | Filed against the company by Ms Abhinandana Avenues Pvt Ltd | Disposed |
| District court, Rangareddy, Telangana | Court case (COP) | Filed by the company against Vijaya Vihar Agro Farms Pvt Ltd , Rep by Its Director B Venkateshwarlu | Disposed |
| District court, Sangareddy, Telangana | Civil suit | Filed against the company | Pending |
To see the full case history of Ridge Homes LLP, 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 Ridge Homes LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ridge Homes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAZFR9237R1ZR | Telangana | Active | 27 Aug 2019 |
To see the full GST registrations and return filing status of Ridge Homes LLP, buy the company report.
Recent activity
Ridge Homes LLP has 7 designated partner changes on record since 2019: 5 appointments and 2 cessations. The latest: Krishna Veni Penmetsa was appointed as Partner on 15 Oct 2024.
Frequently asked questions
Ridge Homes is an active limited liability partnership based in Hyderabad, Telangana, India. The LLP works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 28 June 2019 (7+ years old) and is registered under LLPIN AAP-7751.
Ridge Homes has 3 current designated partners:
- Srinivasa Raju Vetukuri - Designated Partner
- Suryanarayana Raju Penmetsa - Designated Partner
- Srirama Raju Penmatcha - Designated Partner
The latest financial statements of Ridge Homes on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Ridge Homes is 36AAZFR9237R1ZR, registered in Telangana.
The LLPIN (Limited Liability Partnership Identification Number) of Ridge Homes is AAP-7751. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Ridge Homes has 24 court cases on record: 18 filed by the LLP and 6 filed against it. 12 are pending. Most are in the district courts.
Ridge Homes was incorporated on 28 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
Krishna Veni Penmetsa was appointed as Partner on 15 Oct 2024. Umadevi Namburi was appointed as Partner on 15 Oct 2024. Krishna Veni Penmetsa ceased to be Designated Partner on 14 Oct 2024. Ridge Homes has 7 designated partner changes on record in total.
The registered office of Ridge Homes is at Flat No. 301 Ayyappa Towers VI – Phase Hig Plot Nos. 163 164 & 165 Kphb, Hyderabad, Telangana, India – 500072.
Ridge Homes operates in the real estate and construction industry, in the real estate builders and developers segment.
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