MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-02-0005671
Rithwik Power Projects Ltd
Rithwik Power Projects Ltd - environment in Khammam, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹6.62 Cr
▼ 68% YoY
Net profit · FY 2024
₹3.42 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹1.34 Cr
EBITDA margin 20.2%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹8 Cr
Issued & subscribed
Open charges
₹79.75 Cr
Satisfied ₹54.57 Cr
Company age
28 yrs
Est. 1998
Directors on board
4
As per MCA filings
About Rithwik Power Projects Ltd
Data last updated:
Rithwik Power Projects Ltd is a public limited company based in Khammam, Telangana, India, a subsidiary of Khpl Clean Energy Private Limited. It operates in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 24 December 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40109TG1998PLC030769. Its GSTIN is 36AABCR5747F1ZB (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹8 Cr. It is led by directors including Raghava Rao Damarla and Venkateswara Rao Damarla.
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 Tekulapalli Village Penuballi Mandal, Khammam, Telangana, India – 507209.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.62 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net profit of ₹3.42 Lakh (net margin 0.5%) and EBITDA of ₹1.34 Cr (EBITDA margin 20.2%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years and 24% over five years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Rithwik Projects. As per MCA filings, the company has open charges of ₹79.75 Cr and satisfied charges of ₹54.57 Cr on record. Court records list 6 cases involving the company, including 5 filed by the company and 1 filed against it.
Rithwik Power Projects Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0005671). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40109TG1998PLC030769
Registration Number 030769
Incorporation Date 24 December 1998
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Khpl Clean Energy Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-02-0005671
CIN history
Rithwik Power Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40109TG1998PLC030769, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109TG1998PLC030769 | Current |
| L40109AP1998PLC030769 | Previous |
| U40109AP1998PLC030769 | Previous |
Recognitions & Rankings of Rithwik Power Projects
Contact details
Rithwik Power Projects Ltd's registered office is in Khammam, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTekulapalli Village Penuballi Mandal, Khammam, Telangana, India – 507209
- IndustryEnvironment, Biofuel & Biomass Energy
To see the full contact details of Rithwik Power Projects Ltd, buy the company report.
Comprehensive company report
Rithwik Power Projects Ltd - 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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Brands
Rithwik Power Projects operates one associated brand: Rithwik Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Road, power, and tunnel infrastructure development is undertaken. | rithwikprojects.com |
Business activity
The main business activity of Rithwik Power Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Rithwik Power Projects Ltd, buy the company report.
Financials of Rithwik Power Projects Ltd
FY 2024 filings availableRithwik Power Projects Ltd reported revenue of ₹6.62 Cr (down 68% YoY) for FY 2024.
Revenue · FY 2024
₹6.62 Cr ▼ 68%
Net profit · FY 2024
₹3.42 Lakh margin 0.5%
EBITDA · FY 2024
₹1.34 Cr margin 20.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 68%
3 years · compounded
▼ 38%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 57%
3 years · compounded
▼ 37%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 68% fall in the latest year. EBITDA fell 57% 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 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 | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.42 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Rithwik Power Projects Ltd, buy the company report.
Board of directors of Rithwik Power Projects Ltd
Rithwik Power Projects has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raghava Rao Damarla Also directs: Damarla Developers LLP, R.R. Plantation Private Limited, Kohinoor Hatcheries Private Limited and 4 more | Director | 21 Jan 2010 | 16 Years 9 Months | Current |
| Venkateswara Rao Damarla Also directs: Damarla Developers LLP, R.R. Plantation Private Limited, Kohinoor Hatcheries Private Limited and 3 more | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Vaidehi Damarla Also directs: R.R.V.Agro Farms Private Limited | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Benoit Serge Maurice Laborie | Director | 29 Jan 2008 | 18 Years 9 Months | Current |
Peer comparison
Rithwik Power Projects Ltd is compared with the 5 companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass, Power Projects), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nippon Power Ltd | ₹6.78 Cr (FY 2024) | -24.0% | Kolkata, West Bengal, India | |||
| Rithwik Power Projects Ltdthis company | ₹6.62 Cr (FY 2024) | ₹3.42 Lakh | 0.5% | -68.0% | Khammam, Telangana, India | |
| Aatash Power Private Limited | ₹6.62 Cr (FY 2025) | -3.0% | Ahmedabad, Gujarat, India | |||
| Chandrika Power Private Limited | ₹6.62 Cr (FY 2024) | 9587.0% | New Delhi, Delhi, India | |||
| Kaveri Gas Power Private Limited | ₹6.57 Cr (FY 2021) | -70.0% | Chennai, Tamil Nadu, India | |||
| Arun Vidyuth Private Limited | ₹6.56 Cr (FY 2024) | 0.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Rithwik Power Projects Ltd, buy the company report.
Auditor
Rithwik Power Projects Ltd is audited by VDNR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VDNR & ASSOCIATES | FY 2023 | 011251S |
Shareholding
The shareholding of Rithwik Power Projects Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rithwik Power Projects Ltd, buy the company report.
Charges & borrowings
Open charges
₹79.75 Cr
Satisfied charges
₹54.57 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Aug 2021 | 100480140 | Indian Overseas Bank | ₹14.71 Cr | Open | |
| 30 Sep 2020 | 100377302 | Others | ₹13.38 Cr | Open | |
| 21 Mar 2011 | 10276314 | Indian Overseas Bank | ₹51.66 Cr | Open | |
| 06 May 2022 | 100576685 | Indian Overseas Bank | ₹4 Cr | Satisfied | |
| 17 Mar 2021 | 100437352 | Others | ₹8.69 Cr | Satisfied |
To see the full charge records of Rithwik Power Projects Ltd, buy the company report.
Total charge records: 13 View all charges
Legal cases
Rithwik Power Projects Ltd has 6 court cases on record: 5 filed by Rithwik Power Projects, 1 filed against it. All cases are disposed.
Total cases
6
Filed by the company
5
Filed against the company
1
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Transmission Corporation of Andhra Pradesh Ltd. and 1 other | Disposed |
| District court, Krishna, Andhra Pradesh | Court case (MVOP) | Filed against the company by individuals | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 6 others | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Andhra Pradesh and 4 others | Disposed |
| High Court, TELANGANA | Criminal complaint | Filed by the company against individuals | Disposed |
To see the full case history of Rithwik Power Projects Ltd, 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.
Credit ratings & regulatory alerts
Rithwik Power Projects Ltd was last rated by Icra on 30 Nov 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 30 Nov 2018 |
To see the full credit ratings and regulatory alerts of Rithwik Power Projects Ltd, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Rithwik Power Projects Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Rithwik Power Projects has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Surya Teja Power Projects Private Limited | U17119TG1983PTC004157 |
To see the full group structure of Rithwik Power Projects Ltd, buy the company report.
GST
Rithwik Power Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCR5747F1ZB | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rithwik Power Projects Ltd, buy the company report.
Recent activity
Rithwik Power Projects Ltd has 16 board changes on record since 2008: 4 appointments and 12 cessations. The latest: Manisha Manepalli ceased to be Company Secretary on 05 Aug 2019.
AGM
Rithwik Power Projects Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Rithwik Power Projects Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
Charges
A charge registered on 17 Mar 2021 via Charge ID 100437352 with Others was fully satisfied on 21 Mar 2024.
Charges
A charge registered on 06 May 2022 via Charge ID 100576685 with Indian Overseas Bank was fully satisfied on 12 Sep 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 4.00 Cr with Charge ID 100576685 was registered on 06 May 2022.
Charges
A charge with Indian Overseas Bank of Rs. 51.66 Cr registered on 21 Mar 2011 with Charge ID 10276314 was modified on 10 Mar 2022.
Charges
A charge with Indian Overseas Bank of Rs. 14.71 Cr registered on 23 Aug 2021 with Charge ID 100480140 was modified on 15 Feb 2022.
Charges
A charge with Others of Rs. 13.38 Cr registered on 30 Sep 2020 with Charge ID 100377302 was modified on 16 Dec 2021.
Charges
A charge with Indian Overseas Bank amounted to Rs. 14.71 Cr with Charge ID 100480140 was registered on 23 Aug 2021.
Charges
A charge with Others amounted to Rs. 8.69 Cr with Charge ID 100437352 was registered on 17 Mar 2021.
Charges
A charge registered on 30 Apr 2018 via Charge ID 100193310 with Others was fully satisfied on 23 Oct 2020.
Charges
A charge registered on 15 May 2020 via Charge ID 100366318 with Indian Overseas Bank was fully satisfied on 01 Oct 2020.
37 earlier events are in the company report.
Frequently asked questions
Rithwik Power Projects is an active public limited company based in Khammam, Telangana, India. The company works in biofuel and biomass energy, within the environment industry. It was incorporated on 24 December 1998 (28+ years old) and is registered under CIN U40109TG1998PLC030769.
Rithwik Power Projects has 4 current directors:
- Raghava Rao Damarla - Director
- Venkateswara Rao Damarla - Director
- Vaidehi Damarla - Director
- Benoit Serge Maurice Laborie - Director
The latest financial statements of Rithwik Power Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Rithwik Power Projects is 36AABCR5747F1ZB, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Rithwik Power Projects is U40109TG1998PLC030769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rithwik Power Projects has 6 court cases on record: 5 filed by the company and 1 filed against it. Most are in the high courts.
Rithwik Power Projects was incorporated on 24 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Rithwik Power Projects by revenue are Nippon Power Ltd, Aatash Power Private Limited, Chandrika Power Private Limited, Kaveri Gas Power Private Limited, Arun Vidyuth Private Limited, all in the Cleantech industry (Biofuel and Biomass, Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Manisha Manepalli ceased to be Company Secretary on 05 Aug 2019. Raghava Rao Damarla ceased to be Additional Director on 30 Sep 2010. Vaidehi Damarla ceased to be Additional Director on 30 Sep 2010. Rithwik Power Projects has 16 board changes on record in total.
Yes, Rithwik Power Projects is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0005671).
The registered office of Rithwik Power Projects is at Tekulapalli Village Penuballi Mandal, Khammam, Telangana, India – 507209.
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