Rithwik Projects Private Limited

An infrastructure development company providing EPC services for civil and structural construction projects in multiple sectors.

1999 | Hyderabad, Telangana (India) | Active
Last Updated: July 15, 2024

Rithwik Projects Profile

Key Indicators

  • Authorised Capital ₹ 23.50 Cr
  • Paid Up Capital ₹ 16.24 Cr
  • Company Age 25 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 8,671.50 Cr
  • Satisfied Charges ₹ 1,621.23 Cr
  • Revenue Growth 53.68%
  • Profit Growth 131.31%
  • Ebitda 49.11%
  • Net Worth 19.54%
  • Total Assets 8.33%

About Rithwik Projects

Rithwik Projects Private Limited (RPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 31 March 1999 and has a history of 25 years and ten months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Rithwik Projects Limited. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 23.50 Cr and a paid-up capital of Rs 16.24 Cr.

The company currently has active open charges totaling ₹8,671.50 Cr. The company has closed loans amounting to ₹1,621.23 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rithwik Projects Private Limited India is Ajaya Nandamuri as COMPANY SECRETARY. Munayagari Chintakunta and Govardhannaidu Gummalla serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U45200TG1999PTC031431

  • Company No.

    031431

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    31 Mar 1999

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Engineering
Infrastructure and Utilities

What products or services does Rithwik Projects Private Limited offer?

Rithwik Projects Private Limited offers a wide range of products and services, including Environment Protection & Auditing, Environment Protection Services, Turnkey Consultants & Solutions, Project Handling Services, Oil Mill & Oil Extraction Machinery, Oil Production Plant, Property Insurance, Home Insurance Policy, Construction Service, HR Consultancy Services.

Who are the key members and board of directors at Rithwik Projects?

Executive Team (1)

Name Designation Appointment Date Status
Ajaya Nandamuri Country flag representing In Company Secretary 20-Jan-2018 Current

Board Members (2)

Name Designation Appointment Date Status
Munayagari Chintakunta Country flag representing In Whole-Time Director 31-Mar-1999 Current
Govardhannaidu Gummalla Country flag representing In Whole-Time Director 01-Jul-2012 Current

Financial Performance of Rithwik Projects.

Rithwik Projects Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 53.68% increase. The company also saw a substantial improvement in profitability, with a 131.31% increase in profit. The company's net worth Soared by an impressive increase of 19.54%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
53.68%
Revenue from Operations
51.81%
Total Assets
8.33%
Profit or Loss
131.31%
Net Worth
19.54%
EBITDA
49.11%

What is the Ownership and Shareholding Structure of Rithwik Projects?

In 2021, Rithwik Projects had a promoter holding of 46.35% and a public holding of 53.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8,671.50 Cr

Satisfied Charges

₹1,621.23 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 4029.79 Cr
  • Others : 2482.73 Cr
  • Idbi Bank Limited : 662.00 Cr
  • Andhra Bank : 607.80 Cr
  • State Bank Of India : 461.50 Cr
  • Others : 427.68 Cr

Latest Charge Details

Date Lender Amount Status
11 Mar 2024 Others ₹225.00 Cr Open
16 Feb 2024 Others ₹2.70 M Open
12 Feb 2024 Others ₹2.70 M Open
04 Jan 2024 Others ₹5.19 M Open
04 Jan 2024 Others ₹5.19 M Open

How Many Employees Work at Rithwik Projects?

Rithwik Projects has a workforce of 1023 employees as of Jul 14, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rithwik Projects, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Rithwik Projects's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Rithwik Projects

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 225.00 Cr with Charge ID 100887556 was registered on 11 Mar 2024.

    11 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100872726 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 0.27 Cr with Charge ID 100866713 was registered on 12 Feb 2024.

    12 Feb 2024

  • Charges

    A charge registered on 31 Mar 2020 via Charge ID 100586971 with Others was fully satisfied on 24 Jan 2024.

    24 Jan 2024

  • Charges

    A charge registered on 31 Mar 2006 via Charge ID 10004383 with Srei Infrastructure Finance Ltd was fully satisfied on 19 Jan 2024.

    19 Jan 2024

  • Charges

    A charge registered on 15 Dec 2004 via Charge ID 90259046 with Srei Infrastructure Finance Ltd. was fully satisfied on 19 Jan 2024.

    19 Jan 2024

Frequently asked questions

  • Rithwik Projects Private Limited was incorporated on 31 Mar 1999.

  • The authorized share capital of Rithwik Projects Private Limited is ₹ 23.50 Cr and paid-up capital is ₹ 16.24 Cr.

  • Currently 3 directors are associated with Rithwik Projects Private Limited.

    • Munayagari Rajesh Chintakunta
    • Ajaya Babu Nandamuri
    • Govardhannaidu Gummalla
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rithwik Projects Private Limited is # 8-2-268/K/37&39 Plot No.37&39 Navodaya Colony, Banjara Hills Road No.2, Hyerabad, Telangana, India, 500034.

  • The corporate identification number (CIN) of Rithwik Projects Private Limited is U45200TG1999PTC031431 and the company number is 031431 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Rithwik Projects Private Limited is https://www.rithwikprojects.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rithwik Projects Private Limited has risen by 53.68%.

  • As Per 2023 financial reports, 1023 employees are currently employed by Rithwik Projects Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rithwik Projects Private Limited has experienced an upsurge of 19.54%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rithwik Projects Private Limited amount to ₹ 8,671.50 Cr.

  • The most recent Balance Sheet for Rithwik Projects Private Limited was filed with the ROC on 31 Mar 2023.

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