
Rikon Marine Services Private Limited
About Rikon Marine Services Private Limited
Data last updated:
Rikon Marine Services Private Limited is a private limited company based in Visakhapatnam, Andhra Pradesh, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 13 February 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2018PTC107591.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sri Likhitha Pithapurapu and Maheswara Rao Pithana.
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 37 – 10 – 124 Opp Masjid Junction Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.77 Lakh, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹61,023 (net margin 1.1%) and EBITDA of ₹2.21 Lakh (EBITDA margin 4%). Revenue has grown at a compounded annual rate (CAGR) of 45% over three years.
Rikon Marine Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-10-0013961). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Rikon Marine Services
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-AP-10-0013961
Contact details
Rikon Marine Services Private Limited's registered office is in Visakhapatnam, Andhra Pradesh.
- Registered Address37 – 10 – 124 Opp Masjid Junction Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Rikon Marine Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Rikon Marine Services Private Limited, buy the company report.
Financials of Rikon Marine Services Private Limited
FY 2025 filings availableRikon Marine Services Private Limited reported revenue of ₹55.77 Lakh (down 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 51% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 45%. EBITDA fell 51% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.21 Lakh | ||||
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| Net Profit (PAT) | ₹61,023 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 4% | ||||
| Net Profit Margin | 1.1% | ||||
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To see the full financial statements and ratios of Rikon Marine Services Private Limited, buy the company report.
Board of directors of Rikon Marine Services Private Limited
Rikon Marine Services 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 |
|---|---|---|---|---|
| Sri Likhitha Pithapurapu | Director | 13 Feb 2018 | 8 Years 8 Months | Current |
| Maheswara Rao Pithana | Director | 12 Jul 2022 | 4 Years 3 Months | Current |
Legal cases
No court or tribunal cases involving Rikon Marine Services Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rikon Marine Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Rikon Marine Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Rikon Marine Services Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Bailapudi Hari ceased to be Director on 12 Jul 2022.
Frequently asked questions
Rikon Marine Services is an active private limited company based in Visakhapatnam, Andhra Pradesh, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 13 February 2018 (8+ years old) and is registered under CIN U74999AP2018PTC107591.
Rikon Marine Services has 2 current directors:
- Sri Likhitha Pithapurapu - Director
- Maheswara Rao Pithana - Director
The latest financial statements of Rikon Marine Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Rikon Marine Services is U74999AP2018PTC107591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rikon Marine Services was incorporated on 13 February 2018, making it 8+ years old. It is registered with the Registrar of Companies, Vijayawada.
Bailapudi Hari ceased to be Director on 12 Jul 2022. Maheswara Rao Pithana was appointed as Director on 12 Jul 2022. Sri Likhitha Pithapurapu was appointed as Director on 13 Feb 2018.
Yes, Rikon Marine Services is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Rikon Marine Services is registered as a micro enterprise under Udyam registration (number: UDYAM-AP-10-0013961).
The registered office of Rikon Marine Services is at 37 – 10 – 124 Opp Masjid Junction Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007.
Rikon Marine Services operates in the business services industry, in the miscellaneous business activities segment.

