Rikon Marine Services Private Limited

Rikon Marine Services Private Limited - business services in Visakhapatnam, Andhra Pradesh, India. Directors, charges & compliance details.
CIN U74999AP2018PTC107591 Incorporated 13 February 2018 ROC Vijayawada HQ Visakhapatnam, Andhra Pradesh, India
Active Private Limited Company business services Startup India MSME · Micro
Data last updated
Revenue · FY 2025
₹55.77 Lakh
▼ 51% YoY
Net profit · FY 2025
₹61,023
Net margin 1.1%
EBITDA · FY 2025
₹2.21 Lakh
EBITDA margin 4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date

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

CIN U74999AP2018PTC107591
Registration Number 107591
Incorporation Date 13 February 2018
ROC Vijayawada
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-AP-10-0013961

Recognitions & Rankings of Rikon Marine Services

Startup India Government of India
MSME (Udyam registered) Ministry of MSME
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 Address
    37 – 10 – 124 Opp Masjid Junction Murali Nagar, Visakhapatnam, Andhra Pradesh, India – 530007
  • Industry
    Business Services, Miscellaneous Business Activities, Other Services
Comprehensive company report
Rikon Marine Services Private Limited - one report that includes everything
  • 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
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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 codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other 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 available

Rikon Marine Services Private Limited reported revenue of ₹55.77 Lakh (down 51% YoY) for FY 2025.

Revenue · FY 2025
₹55.77 Lakh ▼ 51%
Net profit · FY 2025
₹61,023 margin 1.1%
EBITDA · FY 2025
₹2.21 Lakh margin 4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 45%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 6%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.21 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹61,023
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin4%
Net Profit Margin1.1%
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

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Sri Likhitha PithapurapuDirector13 Feb 20188 Years 8 MonthsCurrent
Maheswara Rao PithanaDirector12 Jul 20224 Years 3 MonthsCurrent

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.

AGM
Rikon Marine Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Rikon Marine Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Vijayawada.
Ceased
Bailapudi Hari ceased to be Director.
Appointed
Maheswara Rao Pithana was appointed as Director.
Appointed
Sri Likhitha Pithapurapu was appointed as Director.
Incorporation
13 Feb 2018
Rikon Marine Services Private Limited was registered on 13 Feb 2018 with Roc Vijayawada & aged 8 years 8 months as per MCA records.

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:

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.