Rithwik Facility Management Services Limited

Facility management company providing housekeeping, maintenance, and real estate services for commercial properties.

2010 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 23, 2024

Rithwik Facility Management Services Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.06 Cr
  • Company Age 15 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.19 Cr
  • Satisfied Charges ₹ 1.43 Cr
  • Revenue Growth 40.97%
  • Profit Growth 184.13%
  • Ebitda 132.73%
  • Net Worth 15.94%
  • Total Assets 15.73%

About Rithwik Facility Management Services

Rithwik Facility Management Services Limited (RFMSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 18 January 2010 and has a history of 15 years and one month. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540843.

The Corporate was formerly known as Rithwik Building Services Private Limited. The Company is engaged in the Business Services 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 4.00 Cr and a paid-up capital of Rs 3.06 Cr.

The company currently has active open charges totaling ₹4.19 Cr. The company has closed loans amounting to ₹1.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Rithwik Facility Management Services Limited India are Jayapandi Subbiah as COMPANY SECRETARY and Tippavajjala Babu as Cfo. Shama Tipparaju, Rithwik Rajshekarraman, Anitha Radhakrishnan, and Two other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    rithwik.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L74900TN2010PLC074294

  • Company No.

    074294

  • Stock Symbol

    BSE : 540843

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    18 Jan 2010

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Business Services

What products or services does Rithwik Facility Management Services Limited offer?

Rithwik Facility Management Services Limited offers a wide range of products and services, including Building and Flooring Services, Building Repair Services, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance.

Who are the key members and board of directors at Rithwik Facility Management Services?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayapandi Subbiah Country flag representing In Company Secretary03-Oct-2017Current
Rithwik Rajshekarraman Country flag representing In Managing Director01-Jun-2017Current
Tippavajjala Babu Country flag representing In CFO03-Oct-2017Current

Board Members (4)

NameDesignationAppointment DateStatus
Shama Tipparaju Country flag representing In Director 30-Aug-2017Current
Anitha Radhakrishnan Country flag representing In Director 28-Jun-2023Current
Niranjan Rao Country flag representing In Whole-Time Director 15-Sep-2010Current
Jayaraman Country flag representing In Director 07-May-2018Current

Financial Performance of Rithwik Facility Management Services.

Rithwik Facility Management Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 40.97% increase. The company also saw a substantial improvement in profitability, with a 184.13% increase in profit. The company's net worth Soared by an impressive increase of 15.94%.

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
40.97%
Revenue from Operations
40.47%
Total Assets
15.73%
Profit or Loss
184.13%
Net Worth
15.94%
EBITDA
132.73%

What is the Ownership and Shareholding Structure of Rithwik Facility Management Services?

In 2023, Rithwik Facility Management Services had a promoter holding of 73.53% and a public holding of 26.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.19 Cr

Satisfied Charges

₹1.43 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.00 Cr
  • Tata Capital Financial Services Limited : 1.17 Cr
  • Others : 0.94 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

DateLenderAmountStatus
17 Sep 2024Others₹9.42 MOpen
08 Aug 2023Hdfc Bank Limited₹0.80 MOpen
27 Dec 2021Canara Bank₹2.00 CrOpen
16 Dec 2020Tata Capital Financial Services Limited₹1.17 CrOpen
30 Jan 2018Others₹9.40 MSatisfied

How Many Employees Work at Rithwik Facility Management Services?

Rithwik Facility Management Services has a workforce of 97 employees as of Mar 23, 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 Facility Management Services, 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 Facility Management Services'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 Facility Management Services

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.94 Cr with Charge ID 100985820 was registered on 17 Sep 2024.

    17 Sep 2024

  • Charges

    A charge registered on 30 Jan 2018 via Charge ID 100200557 with Others was fully satisfied on 13 Aug 2024.

    13 Aug 2024

  • Annual General Meeting

    Rithwik Facility Management Services Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100798870 was registered on 08 Aug 2023.

    08 Aug 2023

  • Balance Sheet

    Rithwik Facility Management Services Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Jun 2017 via Charge ID 100107154 with Others was fully satisfied on 08 Jun 2022.

    08 Jun 2022

Frequently asked questions

  • Rithwik Facility Management Services Limited was incorporated on 18 Jan 2010.

  • The authorized share capital of Rithwik Facility Management Services Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.06 Cr.

  • Currently 7 directors are associated with Rithwik Facility Management Services Limited.

    • Jayapandi Subbiah
    • Shama Prasanna Tipparaju
    • Rithwik Rajshekarraman
    • Anitha Radhakrishnan
    • Niranjan Vyakarna Rao
    • Jayaraman
    • Tippavajjala Suresh Babu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rithwik Facility Management Services Limited is Rr Tower Iii Thiru - Vi Industrial Estate, Guind Y India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Rithwik Facility Management Services Limited is L74900TN2010PLC074294 and the company number is 074294 as per Ministry of Corporate Affairs (MCA).

  • Yes, Rithwik Facility Management Services Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Rithwik Facility Management Services Limited is https://www.rithwik.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rithwik Facility Management Services Limited has risen by 40.97%.

  • As Per 2023 financial reports, 97 employees are currently employed by Rithwik Facility Management Services Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rithwik Facility Management Services Limited has experienced an upsurge of 15.94%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rithwik Facility Management Services Limited amount to ₹ 4.19 Cr.

  • The most recent Balance Sheet for Rithwik Facility Management Services Limited was filed with the ROC on 31 Mar 2023.

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