Rithwik Power Projects Ltd

Operates licensed biomass-based power plants with a capacity of 6.0 MW.

1998 | Khammam, Telangana (India) | Active
Last Updated: October 24, 2024

Rithwik Power Projects Profile

Key Indicators

  • Authorised Capital ₹ 8.00 Cr
  • Paid Up Capital ₹ 8.00 Cr
  • Company Age 26 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 79.75 Cr
  • Satisfied Charges ₹ 54.57 Cr
  • Revenue Growth -36.45%
  • Profit Growth -55.36%
  • Ebitda -49.23%
  • Net Worth 3.90%
  • Total Assets 1.63%

About Rithwik Power Projects

Rithwik Power Projects Ltd (RPPL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 December 1998 and has a history of 26 years and one month. Its registered office is in Khammam, Telangana, India.

The Company is engaged in the Environment 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 8.00 Cr and a paid-up capital of Rs 8.00 Cr.

The company currently has active open charges totaling ₹79.75 Cr. The company has closed loans amounting to ₹54.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Venkateswara Damarla, Raghava Damarla, Vaidehi Damarla, and One other member serve as directors at the Company.

Company Details

  • Location

    Khammam, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U40109TG1998PLC030769

  • Company No.

    030769

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Dec 1998

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Environment

What products or services does Rithwik Power Projects Ltd offer?

Rithwik Power Projects Ltd offers a wide range of products and services, including Charity & Non Profit Organizations, Welfare Organization Services.

Who are the key members and board of directors at Rithwik Power Projects?

Board Members (4)

Name Designation Appointment Date Status
Benoit Laborie Country flag representing Fr Director 29-Jan-2008 Current
Venkateswara Damarla Country flag representing In Director 26-Feb-2010 Current
Raghava Damarla Country flag representing In Director 21-Jan-2010 Current
Vaidehi Damarla Country flag representing In Director 26-Feb-2010 Current

Financial Performance of Rithwik Power Projects.

Rithwik Power Projects Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.45% decrease. The company also saw a substantial fall in profitability, with a 55.36% decrease in profit. The company's net worth moved up by a moderate rise of 3.9%.

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
-36.45%
Revenue from Operations
-39.47%
Total Assets
1.63%
Profit or Loss
-55.36%
Net Worth
3.90%
EBITDA
-49.23%

What is the Ownership and Shareholding Structure of Rithwik Power Projects?

In 2023, Rithwik Power Projects had a public holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.75 Cr

Satisfied Charges

₹54.57 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 66.37 Cr
  • Others : 13.38 Cr

Latest Charge Details

Date Lender Amount Status
23 Aug 2021 Indian Overseas Bank ₹14.71 Cr Open
30 Sep 2020 Others ₹13.38 Cr Open
21 Mar 2011 Indian Overseas Bank ₹51.66 Cr Open
06 May 2022 Indian Overseas Bank ₹4.00 Cr Satisfied
17 Mar 2021 Others ₹8.69 Cr Satisfied

How Many Employees Work at Rithwik Power Projects?

Unlock and access historical data on people associated with Rithwik Power Projects, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Rithwik Power Projects, 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 Power Projects'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 Power Projects

Recent activity within the organization

  • Charges

    A charge registered on 17 Mar 2021 via Charge ID 100437352 with Others was fully satisfied on 21 Mar 2024.

    21 Mar 2024

  • Annual General Meeting

    Rithwik Power Projects Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Rithwik Power Projects Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 06 May 2022 via Charge ID 100576685 with Indian Overseas Bank was fully satisfied on 12 Sep 2022.

    12 Sep 2022

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 4.00 Cr with Charge ID 100576685 was registered on 06 May 2022.

    06 May 2022

  • Charges

    A charge with Indian Overseas Bank of Rs. 51.66 Cr registered on 21 Mar 2011 with Charge ID 10276314 was modified on 10 Mar 2022.

    10 Mar 2022

Frequently asked questions

  • Rithwik Power Projects Ltd was incorporated on 24 Dec 1998.

  • The authorized share capital of Rithwik Power Projects Ltd is ₹ 8.00 Cr and paid-up capital is ₹ 8.00 Cr.

  • Currently 4 directors are associated with Rithwik Power Projects Ltd.

    • Venkateswara Rao Damarla
    • Raghava Rao Damarla
    • Vaidehi Damarla
    • Benoit Serge Maurice Laborie
  • As per Ministry of Corporate Affairs (Mca), the registered address of Rithwik Power Projects Ltd is Tekulapalli Village, Penuballi Mandal India, Khammam, Telangana, 507209.

  • The corporate identification number (CIN) of Rithwik Power Projects Ltd is U40109TG1998PLC030769 and the company number is 030769 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Rithwik Power Projects Ltd has fallen by -36.45%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Rithwik Power Projects Ltd has experienced an upsurge of 3.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Rithwik Power Projects Ltd amount to ₹ 79.75 Cr.

  • The most recent Balance Sheet for Rithwik Power Projects Ltd was filed with the ROC on 31 Mar 2023.

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