Rithwik Power Projects Ltd

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
HomeCompanyRithwik Power Projects Ltd

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

Board Members(4)

NameDesignationAppointment DateStatus
Benoit Laborie Fr Director 29-Jan-2008Current
Venkateswara Damarla In Director 26-Feb-2010Current
Raghava Damarla In Director 21-Jan-2010Current
Vaidehi Damarla In Director 26-Feb-2010Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(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%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹79.75 Cr

₹54.57 Cr

LenderAmountStatus

Indian Overseas Bank

Creation Date: 23 Aug 2021
₹14.71 CrOpen

Others

Creation Date: 30 Sep 2020
₹13.38 CrOpen

Indian Overseas Bank

Creation Date: 21 Mar 2011
₹51.66 CrOpen

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.

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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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