Rithwik Power Projects Ltd
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.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressTekulapalli Village Penuballi Mandal, Khammam, Telangana, India – 507209
- IndustryEnvironment, Biofuel & Biomass Energy
- 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
CIN History of Rithwik Power Projects Ltd
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 |
Associated Brands with Rithwik Power Projects Ltd
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 |
Competitors & Alternatives of Rithwik Power Projects Ltd
Brands and companies operating in the same space as Rithwik Power Projects Ltd include Legrand, Hercules Site Services, Afcons and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Legrand | Electrical and digital solutions for building infrastructures are provided. | Limoges, France | 1860 |
 Hercules Site Services | Infrastructure development services are provided across various sites. | Cirencester, United Kingdom | 2008 |
 Afcons | Developer of oil & gas, underground, and urban infrastructure | Mumbai, India | 1959 |
 GPT Infraprojects | Infrastructure construction, healthcare, and SG cast iron products are provided. | Kolkata, India | 1980 |
 JGC Holdings Corporation | Provider of soft infrastructure and EPC services to oil & gas industries | Yokohama, Japan | 1928 |
 Balfour Beatty | Infrastructure financing, construction, and support services are provided globally. | London, United Kingdom | 1909 |
 L.B. Foster | Manufacturer & fabricator of products and services for the rail, construction, energy and utility markets | Pittsburgh, United States | 1902 |
 Ventia | Infrastructure development services are provided by Ventia across multiple sectors. | Sydney, Australia | 2015 |
 Sdiptech | Sustainable infrastructure development services are provided globally. | Stockholm, Sweden | 2015 |
Business Activity of Rithwik Power Projects Ltd
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 | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 Rithwik Power Projects Ltd
Rithwik Power Projects Ltd is audited by VDNR & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VDNR & 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 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.
| 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 8 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 7 Months | Current |
| Vaidehi Damarla Also directs: R.R.V.Agro Farms Private Limited | Director | 26 Feb 2010 | 16 Years 7 Months | Current |
| Benoit Serge Maurice Laborie | Director | 29 Jan 2008 | 18 Years 8 Months | Current |
Financials of Rithwik Power Projects Ltd FY 2024 filings available
Rithwik Power Projects Ltd reported revenue of ₹6.62 Cr (down 68% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Rithwik Power Projects Ltd
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 of Rithwik Power Projects Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| EBITDA | ₹1.34 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.42 Lakh | •••• | •••• | •••• | •••• |
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Financial Ratios of Rithwik Power Projects Ltd
| 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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| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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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 Rithwik Power Projects are in the company report.
Financial statements from 2015
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 Rithwik Power Projects Ltd
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.
Group Structure of Rithwik Power Projects Ltd
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.
| Company Name | CIN | Shares Held |
|---|---|---|
| Surya Teja Power Projects Private Limited | U17119TG1983PTC004157 | Locked |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Rithwik Power Projects Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2021 | Indian Overseas Bank | ₹14.71 Cr | Open |
| 30 Sep 2020 | Others | ₹13.38 Cr | Open |
| 21 Mar 2011 | Indian Overseas Bank | ₹51.66 Cr | Open |
| 06 May 2022 | Indian Overseas Bank | ₹4 Cr | Satisfied |
| 17 Mar 2021 | Others | ₹8.69 Cr | Satisfied |
Total charge records: 13 View all charges
Employees and EPFO Compliance at Rithwik Power Projects Ltd
Employment history and EPFO contributions of people linked to Rithwik Power Projects.
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 Rithwik Power Projects Ltd
Rithwik Power Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCR5747F1ZB | Telangana | Active | 01 Jul 2017 |
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 Rithwik Power Projects Ltd
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 Rithwik Power Projects Ltd
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 Rithwik Power Projects Ltd
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 Rithwik Power Projects Ltd
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 Rithwik Power Projects Ltd
Frequently Asked Questions about Rithwik Power Projects Ltd
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 reported revenue of ₹6.62 Cr for FY 2024 (down 68% YoY).
Rithwik Power Projects has 4 current directors:
- Raghava Rao Damarla - Director
- Venkateswara Rao Damarla - Director
- Vaidehi Damarla - Director
- Benoit Serge Maurice Laborie - Director
Rithwik Power Projects reported a net profit of ₹3.42 Lakh (net margin 0.5%) and EBITDA of ₹1.34 Cr (EBITDA margin 20.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rithwik Power Projects is -38% over three years and -24% over five years. In the latest year (FY 2024) revenue fell 68%. CAGR is the steady yearly rate that links the first and the last year.
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 was incorporated on 24 December 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
The registered office of Rithwik Power Projects is at Tekulapalli Village Penuballi Mandal, Khammam, Telangana, India – 507209.