
Riyacon Projects Private Limited
About Riyacon Projects Private Limited
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Riyacon Projects Private Limited is a private limited company based in Delhi, India. It operates in the plumbing services and construction specialties segment of the construction sector. It was incorporated on 04 November 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U45201DL2003PTC122922. Its GSTIN is 07AACCR7157G1Z9 (Delhi). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Tessy Ninan (Whole-Time Director) and Ninan Daniel (Whole-Time Director).
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 8 – C Pocket A – 2 Mayur Vihar Phase III, Delhi, India – 110092.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.22 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹1.84 Lakh (net margin -6.5%) and EBITDA of -₹35,847 (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 37% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Riyacon Projects Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address8 – C Pocket A – 2 Mayur Vihar Phase III, Delhi, India – 110092
- IndustryConstruction, Plumbing Services & Construction Specialties, Demolition & Construction Services, Electrical Services
To see the full contact details of Riyacon Projects Private Limited, buy the company report.
- 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 Riyacon Projects is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Riyacon Projects Private Limited, buy the company report.
Financials of Riyacon Projects Private Limited
FY 2025 filings availableRiyacon Projects Private Limited reported revenue of ₹28.22 Lakh (down 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 36% fall in the latest year. EBITDA fell 107% 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 |
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| EBITDA | -₹35,847 | ||||
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| Net Profit (PAT) | -₹1.84 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -6.5% | ||||
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To see the full financial statements and ratios of Riyacon Projects Private Limited, buy the company report.
Board of directors of Riyacon Projects Private Limited
Riyacon Projects has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tessy Ninan | Whole-Time Director | 07 Mar 2007 | 19 Years 7 Months | Current |
| Anshul Pasrija Also directs: Kiyafab Innovations Private Limited | Director | 10 May 2011 | 15 Years 5 Months | Current |
| Ninan Daniel Also directs: Kiyafab Innovations Private Limited | Whole-Time Director | 04 Nov 2003 | 22 Years 11 Months | Current |
Peer comparison
Riyacon Projects Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Supreme Hi Tech Engineering Services Limited | ₹28.36 Lakh (FY 2021) | 1.0% | Mumbai, Maharashtra, India | |||
| Bne Infratech Limited | ₹28.35 Lakh (FY 2025) | 100.0% | Kolkata, West Bengal, India | |||
| Kailai Engineering & Construction Private Limited | ₹28.34 Lakh (FY 2021) | 785.0% | Chennai, Tamil Nadu, India | |||
| GVKN Projects & Infrastructure Development Private Limited | ₹28.31 Lakh (FY 2021) | 4.0% | Hosakote, Karnataka, India | |||
| Rasus Power Private Limited | ₹28.24 Lakh (FY 2025) | -43.0% | Saran, Bihar, India | |||
| Riyacon Projects Private Limitedthis company | ₹28.22 Lakh (FY 2024) | -₹1.84 Lakh | -6.5% | -36.0% | Delhi, India | |
| Arven Infrastructure Private Limited | ₹28.21 Lakh (FY 2025) | -43.0% | Hyderabad, Telangana, India | |||
| Urbanfeat Construction India Private Limited | ₹28.2 Lakh (FY 2023) | -62.0% | Lucknow, Uttar Pradesh, India | |||
| A R P Projects Private Limited | ₹28.19 Lakh (FY 2024) | 41.0% | Gurgaon, Haryana, India | |||
| NDJ Infracon Private Limited | ₹28.17 Lakh (FY 2023) | -87.0% | Mandvi, Gujarat, India | |||
| Amcor Services Private Limited | ₹28.17 Lakh (FY 2021) | 114.0% | Gurugram, Haryana, India |
To see the full peer comparison of Riyacon Projects Private Limited, buy the company report.
Auditor
Riyacon Projects Private Limited is audited by R.M. DAGA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.M. DAGA & ASSOCIATES | FY 2017 | 071385 |
Shareholding
The shareholding of Riyacon Projects Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Riyacon Projects Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Riyacon Projects 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 Riyacon Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Riyacon Projects has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCR7157G1Z9 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riyacon Projects Private Limited, buy the company report.
Recent activity
Riyacon Projects Private Limited has 3 board changes on record since 2003: 3 appointments. The latest: Anshul Pasrija was appointed as Director on 10 May 2011.
Frequently asked questions
Riyacon Projects is an active private limited company based in Delhi, India. The company works in plumbing services and construction specialties, within the construction industry. It was incorporated on 04 November 2003 (23+ years old) and is registered under CIN U45201DL2003PTC122922.
Riyacon Projects has 3 current directors:
- Tessy Ninan - Whole-Time Director
- Ninan Daniel - Whole-Time Director
- Anshul Pasrija - Director
The latest financial statements of Riyacon Projects 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 2015 are in the company report.
The GSTIN of Riyacon Projects is 07AACCR7157G1Z9, registered in Delhi. 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 Riyacon Projects is U45201DL2003PTC122922. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riyacon Projects was incorporated on 04 November 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Riyacon Projects by revenue are Supreme Hi Tech Engineering Services Limited, Bne Infratech Limited, Kailai Engineering & Construction Private Limited, GVKN Projects & Infrastructure Development Private Limited, Rasus Power Private Limited and 5 more, all in the same principal business activity (demolition & site preparation, electrical, plumbing & other specialized construction activities).
Anshul Pasrija was appointed as Director on 10 May 2011. Tessy Ninan was appointed as Whole-Time Director on 07 Mar 2007. Ninan Daniel was appointed as Whole-Time Director on 04 Nov 2003.
The registered office of Riyacon Projects is at 8 – C Pocket A – 2 Mayur Vihar Phase III, Delhi, India – 110092.
Riyacon Projects operates in the construction industry, in the plumbing services and construction specialties segment.
The compliance status of Riyacon Projects is compliant as of 25 August 2026. The company is actively filing with the Registrar of Companies.