Rightech Construction & Contracting Private Limited
About Rightech Construction & Contracting Private Limited
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Rightech Construction & Contracting Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 29 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U70109TN2019PTC130758. Its GSTIN is 33AAJCR7321K1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹50,000. It is led by directors Vijay Banu Vilvapathy and Vickrem Pushpa Vijaybanu.
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 Old No 194 New No 14 Kundrathur Road R.E Nagar 2nd Street West Porur, Chennai, Tamil Nadu, India – 600116.
As per the financials filed for FY 2024, the company reported a revenue of ₹42.59 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net profit of ₹62,395 (net margin 1.5%) and EBITDA of ₹3.12 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years.
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- Registered AddressOld No 194 New No 14 Kundrathur Road R.E Nagar 2nd Street West Porur, Chennai, Tamil Nadu, India – 600116
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Rightech Construction & Contracting Private Limited
The main business activity of Rightech Construction & Contracting is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Rightech Construction & Contracting Private Limited FY 2024 filings available
Rightech Construction & Contracting Private Limited reported revenue of ₹42.59 Lakh (down 62% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rightech Construction & Contracting Private Limited
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 30%. EBITDA fell 62% 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 of Rightech Construction & Contracting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.12 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹62,395 | •••• | •••• | •••• | •••• |
| 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 of Rightech Construction & Contracting Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Rightech Construction & Contracting are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Oversure Developers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Real Propmart Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Raipur Property Promoters Pvt Ltd | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Onyx Height Private Limited | •••• | •••• | •••• | •••• | - | Lucknow, Uttar Pradesh, India |
| Headman Mercantile Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Rightech Construction & Contracting Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Kandolite Lamps Private Limited | •••• | •••• | •••• | •••• | - | Navi Mumbai, Maharashtra, India |
| Cee-Es Development Consultants Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Makinglife Developers Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| JDM Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Jaiaditya Holdings Private Limited | •••• | •••• | •••• | •••• | - | Jalandhar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Rightech Construction & Contracting by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting Private Limited is audited by S B S B AND ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S B S B AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Banu Vilvapathy | Director | 29 Jul 2019 | 7 Years 2 Months | Current |
| Vickrem Pushpa Vijaybanu | Additional Director | 20 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of Rightech Construction & Contracting Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rightech Construction & Contracting Private Limited
Employment history and EPFO contributions of people linked to Rightech Construction & Contracting.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Bollu Satish ceased to be Director on 20 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Rightech Construction & Contracting Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Rightech Construction & Contracting Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Rightech Construction & Contracting Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAJCR7321K1Z8 | Tamil Nadu | Active | 07 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Rightech Construction & Contracting Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Rightech Construction & Contracting Private Limited
Rightech Construction & Contracting is an active private limited company based in Chennai, Tamil Nadu, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 29 July 2019 (7+ years old) and is registered under CIN U70109TN2019PTC130758.
Rightech Construction & Contracting reported revenue of ₹42.59 Lakh for FY 2024 (down 62% YoY).
Rightech Construction & Contracting has 2 current directors:
- Vijay Banu Vilvapathy - Director
- Vickrem Pushpa Vijaybanu - Additional Director
Rightech Construction & Contracting reported a net profit of ₹62,395 (net margin 1.5%) and EBITDA of ₹3.12 Lakh (EBITDA margin 7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rightech Construction & Contracting is 30% over three years. In the latest year (FY 2024) revenue fell 62%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rightech Construction & Contracting is 33AAJCR7321K1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Rightech Construction & Contracting is U70109TN2019PTC130758. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightech Construction & Contracting was incorporated on 29 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Rightech Construction & Contracting by revenue are Oversure Developers Private Limited, Real Propmart Private Limited, Raipur Property Promoters Pvt Ltd, Onyx Height Private Limited, Headman Mercantile Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Bollu Satish ceased to be Director on 20 Dec 2024. Vickrem Pushpa Vijaybanu was appointed as Additional Director on 20 Dec 2024. Vijay Banu Vilvapathy was appointed as Director on 29 Jul 2019.
The registered office of Rightech Construction & Contracting is at Old No 194 New No 14 Kundrathur Road R.E Nagar 2nd Street West Porur, Chennai, Tamil Nadu, India – 600116.