About Sitapuram Power Limited
Data last updated:
Sitapuram Power Limited was a public limited company based in Sitapuram, Telangana, India, operated as a subsidiary of Zuari Cement Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 18 July 2005.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40109TG2005PLC046893. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹48 Cr and a paid-up capital of ₹1 Cr. It was led by directors including Sundaram Srinivasan Kuniyoor (Managing Director) and Jamshed Naval Cooper.
Its last annual general meeting (AGM) was held on 20 June 2019, and its latest financial statements are for the year ended 31 December 2018. The registered office was at Sitapuram Dondapadu Village Mallareddy Gudem Mandal (Chinthala Palem, ), Telangana, India – 508246.
As per the financials filed for FY 2016, the company reported a revenue of ₹136.24 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹71.09 Lakh (net margin 0.5%) and EBITDA of ₹21.53 Cr (EBITDA margin 15.8%).
The company had about 17 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹90 Cr on record. Court records list 17 cases involving the company, including 12 filed by the company and 5 filed against it; 2 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in January 2018.
The last known website on record is zuaricements.com.
Company details
CIN history
Sitapuram Power has one previous CIN (Corporate Identification Number): U40109AP2005PLC046893. The current CIN is U40109TG2005PLC046893, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109TG2005PLC046893 | Current |
| U40109AP2005PLC046893 | Previous |
Contact details
Sitapuram Power Limited's registered office is in Sitapuram, Telangana. Its website is zuaricements.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSitapuram Dondapadu Village Mallareddy Gudem Mandal (Chinthala Palem, ), Telangana, India – 508246
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Sitapuram Power 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
Financials of Sitapuram Power Limited
FY 2018 filings availableSitapuram Power Limited reported revenue of ₹136.24 Cr (down 14% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year. EBITDA rose 97% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹136.24 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹21.53 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹71.09 Lakh | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
| Net Worth (Total Equity) | ||
| Long-term Borrowings | ||
| Short-term Borrowings | ||
| Trade Payables | ||
| Total Liabilities | ||
| Fixed Assets | ||
| Investments | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 15.8% | |
| Net Profit Margin | 0.5% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
| Current Ratio | ||
| Quick Ratio | ||
| Debt-to-Equity Ratio | ||
| Interest Coverage Ratio | ||
| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
| Payable Days | ||
| Inventory Days | ||
| Revenue Growth | ||
| Net Profit Growth | ||
To see the full financial statements and ratios of Sitapuram Power Limited, buy the company report.
Board of directors and KMP of Sitapuram Power Limited
Sitapuram Power Limited currently reports 3 directors and 1 key managerial person. 16 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jamshed Naval Cooper | Director | 10 Sep 2016 | 10 Years 1 Months | As last reported |
| Sundaram Srinivasan Kuniyoor Also directs: Gaiashilp Infra Developers LLP | Managing Director | 06 Nov 2015 | 10 Years 11 Months | As last reported |
| Soek Peng Sim | Director | 25 Jan 2018 | 8 Years 9 Months | As last reported |
| Trivikram Dasu | Company Secretary | 26 Jul 2018 | 8 Years 2 Months | As last reported |
Auditor
Sitapuram Power Limited is audited by B S R & Associates Llp for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates Llp | FY 2016 | 116231W |
Shareholding
The shareholding of Sitapuram Power 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 Sitapuram Power Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2006 | 10021419 | Industrial Development Bank of India Limited | ₹30 Cr | Satisfied | |
| 22 Jul 2006 | 10020988 | Idfc Limited | ₹55 Cr | Satisfied | |
| 18 May 2006 | 10008111 | Indian Overseas Bank | ₹5 Cr | Satisfied |
To see the full charge records of Sitapuram Power Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Sitapuram Power Limited has 1 deal on record (1 acquisition); the latest was in January 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2018 | Acquisition | Undisclosed | Buyer: Zuari Cement Limited Seller: KSK Electricity Financing India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sitapuram Power Limited has 17 court cases on record: 12 filed by Sitapuram Power, 5 filed against it. 2 cases are pending and 15 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 4 | 2 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Appeal | Filed by the company against Zuari Cement Ltd | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed against the company by M/S Zuari Cement Ltd. | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by Zuari Cement Ltd | Disposed |
| District court, Hyderabad CCC, Telangana | Petition | Filed against the company by Ms. Zuari Cement Ltd., | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against Enmas, O & M Services Private Limited, and 5 others | Disposed |
To see the full case history of Sitapuram Power Limited, 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
Sitapuram Power Limited was last rated by Care on 24 Dec 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 24 Dec 2019 |
To see the full credit ratings and regulatory alerts of Sitapuram Power Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sitapuram Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sitapuram Power Limited has a workforce of 17 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Sitapuram Power has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sitapuram Power Limited, buy the company report.
Recent activity
Sitapuram Power Limited has 19 board changes on record since 2007: 4 appointments and 15 cessations. The latest: Trivikram Dasu was appointed as Company Secretary on 26 Jul 2018.
19 earlier events are in the company report.
Frequently asked questions
Sitapuram Power has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sitapuram Power was a public limited company based in Sitapuram, Telangana, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 18 July 2005 and is registered under CIN U40109TG2005PLC046893. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sitapuram Power was incorporated on 18 July 2005. It is registered with the Registrar of Companies, Hyderabad.
Sitapuram Power had 4 directors and KMP:
- Sundaram Srinivasan Kuniyoor - Managing Director
- Jamshed Naval Cooper - Director
- Soek Peng Sim - Director
- Trivikram Dasu - Company Secretary
The CIN (Corporate Identification Number) of Sitapuram Power is U40109TG2005PLC046893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sitapuram Power is at Sitapuram Dondapadu Village Mallareddy Gudem Mandal Chinthala Palem, , Telangana, India – 508246.
Sitapuram Power can be reached through the website zuaricements.com. Its registered office is in Sitapuram, Telangana, India.
The latest financial statements of Sitapuram Power on record with the MCA are for the year ended 31 December 2018. Its last annual general meeting was held on 20 June 2019. Year-wise statements from 2015 are in the company report.
No. Sitapuram Power has 2 GST registrations on record and all of them are cancelled or inactive.
Sitapuram Power operated in the energy and power industry, in the power transmission and distribution services segment.