About Rightwatts Solutions Private Limited
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Rightwatts Solutions Private Limited is a private limited company based in New, Delhi, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 29 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC322840. Its GSTIN is 07AAICR4922K1Z3 (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Sandeep Goswami and Naresh Kumar Luthra.
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 D – 52 Ayudh Vihar Plot – 3 Sector – 13 Dwarka, New, Delhi, India – 110078.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.42 Cr, a growth of 58% compared to the previous year. For the same year it recorded a net loss of ₹33.24 Lakh (net margin -3.5%) and EBITDA of -₹36.62 Lakh (EBITDA margin -3.9%). Revenue has grown at a compounded annual rate (CAGR) of 162% over three years and 98% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: RightWatts.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rightwatts.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 52 Ayudh Vihar Plot – 3 Sector – 13 Dwarka, New, Delhi, India – 110078
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Associated Brands with Rightwatts Solutions Private Limited
Rightwatts Solutions operates one associated brand: RightWatts. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based energy monitoring tools are supplied for industries and buildings. | rightwatts.com |
Competitors & Alternatives of Rightwatts Solutions Private Limited
Brands and companies operating in the same space as Rightwatts Solutions Private Limited include Deepki, Verdigris, Therma and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Deepki | SaaS solutions for building energy monitoring and analysis are offered. | Paris, France | 2014 |
 Verdigris | AI and SaaS-driven energy analytics platform for the management of facilities and commercial buildings | Mountain View, United States | 2011 |
 Therma | Solutions for temperature, humidity, and energy monitoring are provided. | San Francisco, United States | 2014 |
 Beacon Power Services | Web-based building energy management software solutions are provided. | Lagos, Nigeria | 2010 |
 Dude Solutions | SaaS CMMS software is offered for commercial spaces. | Cary, United States | 1999 |
 Everactive | IoT-based energy harvesting solutions for enterprises are provided. | Santa Clara, United States | 2012 |
 Uplight | AI and SaaS-driven solutions for energy monitoring in residential and commercial buildings | Boulder, United States | 2019 |
 Aclara Technologies | Smart infrastructure solutions are provided to global utilities. | Hazelwood, United States | 1972 |
 EcoPlant | AI and cloud-driven platform for monitoring and control systems | Ashkelon, Israel | 2016 |
 Appalachian Power | Provider of power consumption monitoring solutions | Columbus, United States | 2001 |
Business Activity of Rightwatts Solutions Private Limited
The main business activity of Rightwatts Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Rightwatts Solutions Private Limited
Rightwatts Solutions Private Limited is audited by V. GARG & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V. GARG & Co | 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 Rightwatts Solutions Private Limited
Rightwatts Solutions 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 |
|---|---|---|---|---|
| Sandeep Goswami | Director | 29 Aug 2017 | 9 Years 1 Months | Current |
| Naresh Kumar Luthra | Director | 06 Nov 2023 | 2 Years 11 Months | Current |
Financials of Rightwatts Solutions Private Limited FY 2025 filings available
Rightwatts Solutions Private Limited reported revenue of ₹9.42 Cr (up 58% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rightwatts Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 98% over five years, including 58% growth 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 Rightwatts Solutions 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹36.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹33.24 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rightwatts Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.5% | •••• | •••• | •••• | •••• |
| 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 Rightwatts Solutions are in the company report.
Financial statements from FY 2018
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.
Ownership and Shareholding of Rightwatts Solutions 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 Rightwatts Solutions Private Limited
Rightwatts Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Rightwatts Solutions Private Limited
Employment history and EPFO contributions of people linked to Rightwatts Solutions.
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.
GST Compliance of Rightwatts Solutions Private Limited
Rightwatts Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAICR4922K1Z3 | Delhi | Active | 31 Jan 2018 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Rightwatts Solutions 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 Rightwatts Solutions 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 Rightwatts Solutions 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.
MCA Filings & Documents of Rightwatts Solutions 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.
Recent Activity on Rightwatts Solutions Private Limited
Frequently Asked Questions about Rightwatts Solutions Private Limited
Rightwatts Solutions is an active private limited company based in New, Delhi, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 29 August 2017 (9+ years old) and is registered under CIN U74999DL2017PTC322840.
Rightwatts Solutions reported revenue of ₹9.42 Cr for FY 2024 (up 58% YoY).
Rightwatts Solutions has 2 current directors:
- Sandeep Goswami - Director
- Naresh Kumar Luthra - Director
Rightwatts Solutions reported a net loss of ₹33.24 Lakh (net margin -3.5%) and EBITDA of -₹36.62 Lakh (EBITDA margin -3.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rightwatts Solutions is 162% over three years and 98% over five years. In the latest year (FY 2024) revenue rose 58%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Rightwatts Solutions is 07AAICR4922K1Z3, registered in Delhi.
The CIN (Corporate Identification Number) of Rightwatts Solutions is U74999DL2017PTC322840. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rightwatts Solutions was incorporated on 29 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Yes, Rightwatts Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).