About Zenith Power Projects Private Limited
Data last updated:
Zenith Power Projects Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 02 June 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1997PTC032442. Its GSTIN is 24AAACZ0359C1ZP (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹15.05 Lakh. It is led by directors Kunjbihari Shah and Jay Kunjbihari Shah.
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 A – 1204 Siddhi Vinayk Towers B/H. Dcp Office S. G. Highway Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.41 Cr, a decline of 83% compared to the previous year. For the same year it recorded a net profit of ₹25.47 Lakh (net margin 18.1%) and EBITDA of ₹56.34 Lakh (EBITDA margin 40%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 17% over five years.
The company is associated with 1 brand: Zodiac Energy. As per MCA filings, the company has open charges of ₹2.25 Cr and satisfied charges of ₹25 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zodiacenergy.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressA – 1204 Siddhi Vinayk Towers B/H. Dcp Office S. G. Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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
Business Activity of Zenith Power Projects Private Limited
The main business activity of Zenith Power Projects is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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.
Financials of Zenith Power Projects Private Limited FY 2025 filings available
Zenith Power Projects Private Limited reported revenue of ₹1.41 Cr (down 83% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Zenith Power Projects Private Limited
Revenue fell 83% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA fell 9% 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 Zenith Power Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹56.34 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.47 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 of Zenith Power Projects Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 40% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Zenith 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.
Peer Comparison of Zenith Power Projects Private Limited
Zenith Power Projects Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Renuka Infra Telecom Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Kolkata, West Bengal, India |
| Prakasam Heavy Engineering Private Limited | ₹1.43 Cr (FY 2025) | •••• | •••• | -66.0% | •••• | Hyderabad, Telangana, India |
| Asmita Electric Infra Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 73.0% | •••• | Pune, Maharashtra, India |
| Oneohm Sustainable Green Energy Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | •••• | Miraj, Maharashtra, India | |
| MVK Green Power Private Limited | ₹1.41 Cr (FY 2024) | •••• | •••• | 558.0% | •••• | Hyderabad, Telangana, India |
| Zenith Power Projects Private Limited this company | ₹1.41 Cr (FY 2024) | •••• | •••• | -83.0% | •••• | Ahmedabad, Gujarat, India |
| Adhyan Projects Private Limited | ₹1.41 Cr (FY 2020) | •••• | •••• | -53.0% | •••• | New Delhi, Delhi, India |
| Ridgeway Energy Private Limited | ₹1.41 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Delhi, India |
| Heliosvento Power Infra (OPC) Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Bhopal, Madhya Pradesh, India |
| Best & Crompton Engineering Projects Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | -51.0% | •••• | Chennai, Tamil Nadu, India |
| Green Genesis Energy Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | •••• | Morbi, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Zenith Power Projects by revenue in the Power industry (EPC, BoP and BTG, Power Projects), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Zenith Power Projects Private Limited
Zenith Power Projects Private Limited is audited by Kamlesh J Jain for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Kamlesh J Jain | 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 Zenith Power Projects Private Limited
Zenith Power Projects has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunjbihari Shah Also directs: Govind Solar Projects LLP, Priyapritam Solar Projects LLP, Harikrishna Solar Projects LLP and 5 more | Director | 01 May 2021 | 5 Years 5 Months | Current |
| Jay Kunjbihari Shah Also directs: Govind Solar Projects LLP, Priyapritam Solar Projects LLP, Harikrishna Solar Projects LLP and 5 more | Director | 30 Mar 2021 | 5 Years 6 Months | Current |
Ownership and Shareholding of Zenith Power Projects Private Limited
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.
Charges & Borrowings of Zenith Power Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2025 | Hdfc Bank Limited | ₹2.25 Cr | Open |
| 09 Mar 1999 | The Madhavpura Mercantile Co.Op Bank Ltd. | ₹25 Lakh | Satisfied |
Total charge records: 2 View all charges
MSME Payment Delays by Zenith Power Projects Private Limited
Zenith Power Projects Private Limited has 3 MSME Form 1 returns on record between 2019 and 2023, listing 3 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Parshvanath Industries | •••• | •••• | •••• |
| Rasson Energy (India) Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Zenith Power Projects Private Limited
Zenith Power Projects operates one associated brand: Zodiac Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar parabolic troughs, water heaters, and PV modules are installed. | zodiacenergy.com |
Employees and EPFO Compliance at Zenith Power Projects Private Limited
Employment history and EPFO contributions of people linked to Zenith 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.
Recent Activity on Zenith Power Projects Private Limited
Zenith Power Projects Private Limited has 6 board changes on record since 2006: 4 appointments and 2 cessations. The latest: Arunaben Jugalkishor Shah ceased to be Director on 01 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Zenith Power Projects Private Limited
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.
Subsidiaries & Group Companies of Zenith Power Projects Private Limited
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.
GST Compliance of Zenith Power Projects Private Limited
Zenith Power Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACZ0359C1ZP | Gujarat | 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.
MCA Filings & Documents of Zenith Power Projects Private Limited
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.
Frequently Asked Questions about Zenith Power Projects Private Limited
Zenith Power Projects is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 02 June 1997 (29+ years old) and is registered under CIN U29199GJ1997PTC032442.
Zenith Power Projects reported revenue of ₹1.41 Cr for FY 2024 (down 83% YoY).
Zenith Power Projects has 2 current directors:
- Kunjbihari Shah - Director
- Jay Kunjbihari Shah - Director
Zenith Power Projects reported a net profit of ₹25.47 Lakh (net margin 18.1%) and EBITDA of ₹56.34 Lakh (EBITDA margin 40%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Zenith Power Projects is -42% over three years and 17% over five years. In the latest year (FY 2024) revenue fell 83%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Zenith Power Projects is 24AAACZ0359C1ZP, registered in Gujarat.
The CIN (Corporate Identification Number) of Zenith Power Projects is U29199GJ1997PTC032442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Zenith Power Projects was incorporated on 02 June 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Zenith Power Projects by revenue are Renuka Infra Telecom Private Limited, Prakasam Heavy Engineering Private Limited, Asmita Electric Infra Private Limited, Oneohm Sustainable Green Energy Private Limited, MVK Green Power Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Projects).
Arunaben Jugalkishor Shah ceased to be Director on 01 May 2021. Jugalkishor Harikrishnadas Shah ceased to be Director on 01 May 2021. Kunjbihari Shah was appointed as Director on 01 May 2021. Zenith Power Projects has 6 board changes on record in total.
Zenith Power Projects has 3 MSME Form 1 returns on record between 2019 and 2023, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Aug 2023.
Zenith Power Projects can be reached through the website zodiacenergy.com. Its registered office is in Ahmedabad, Gujarat, India.