- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0023843

About Rushi Power Systems Private Limited
Data last updated:
Rushi Power Systems Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 19 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29307GJ2013PTC074596. Its GSTIN is 24AAGCR5043P1Z1 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Venubabu Kantha Rao Divi and Sudheer Borra.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at C – 1 Mangalmurti Co – Op Housing Society Opp: Novino Battery Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.8 Cr, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹14.9 Lakh (net margin 3.9%) and EBITDA of ₹22.7 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 129% over three years and 51% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
Rushi Power Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0023843). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website rushipower.com.
Company details
Recognitions & Rankings of Rushi Power Systems
Contact details
Rushi Power Systems Private Limited's registered office is in Vadodara, Gujarat. Its website is rushipower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 1 Mangalmurti Co – Op Housing Society Opp: Novino Battery Makarpura, Vadodara, Gujarat, India – 390010
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Rushi Power Systems 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 Rushi Power Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Rushi Power Systems Private Limited, buy the company report.
Financials of Rushi Power Systems Private Limited
FY 2021 filings availableRushi Power Systems Private Limited reported revenue of ₹3.8 Cr (down 42% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 42% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 51%. EBITDA fell 53% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹3.8 Cr | ||||
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| EBITDA | ₹22.7 Lakh | ||||
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| Net Profit (PAT) | ₹14.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 6% | ||||
| Net Profit Margin | 3.9% | ||||
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To see the full financial statements and ratios of Rushi Power Systems Private Limited, buy the company report.
Board of directors of Rushi Power Systems Private Limited
Rushi Power Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venubabu Kantha Rao Divi Also directs: Embark Insurance Brokers Private Limited | Director | 19 Apr 2013 | 13 Years 6 Months | Current |
| Sudheer Borra | Director | 19 Apr 2013 | 13 Years 6 Months | Current |
Auditor
Rushi Power Systems Private Limited is audited by BHAVAN ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHAVAN ASSOCIATES | FY 2021 | 116227W |
Shareholding
The shareholding of Rushi Power Systems Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Rushi Power Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Rushi Power Systems 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 Rushi Power Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Rushi Power Systems Private Limited has a workforce of 20 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Rushi Power Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAGCR5043P1Z1 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Rushi Power Systems Private Limited, buy the company report.
Recent activity
Rushi Power Systems Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Sudheer Borra was appointed as Director on 19 Apr 2013.
Frequently asked questions
Rushi Power Systems is an active private limited company based in Vadodara, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 19 April 2013 (13+ years old) and is registered under CIN U29307GJ2013PTC074596.
Rushi Power Systems has 2 current directors:
- Venubabu Kantha Rao Divi - Director
- Sudheer Borra - Director
The latest financial statements of Rushi Power Systems on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Rushi Power Systems is 24AAGCR5043P1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Rushi Power Systems is U29307GJ2013PTC074596. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rushi Power Systems was incorporated on 19 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sudheer Borra was appointed as Director on 19 Apr 2013. Venubabu Kantha Rao Divi was appointed as Director on 19 Apr 2013.
Yes, Rushi Power Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0023843).
Rushi Power Systems can be reached through the website rushipower.com. Its registered office is in Vadodara, Gujarat, India.
The registered office of Rushi Power Systems is at C – 1 Mangalmurti Co – Op Housing Society Opp: Novino Battery Makarpura, Vadodara, Gujarat, India – 390010.

