What we do Rithwik Facility Management Services Ltd offers comprehensive facility and building management services, including maintenance, HVAC, security, and turnkey office space solutions in organized sectors. |
Founded in 2,010 |
Market share Top organized sector facility management provider in Chennai and Coimbatore, managing nearly one million sq.ft for 73 clients. |
Problem solved Solves operational inefficiencies in commercial spaces ensuring smooth facility management, security, and office space transformation from skeleton frameworks. |
Top clients or who we serve Serving 73 clients mainly in commercial and IT sectors; B2B focus in Chennai, Coimbatore, and Tier II Tamil Nadu cities. |
Key management Mr. Rithwik Rajshekar Raman (Managing Director, Entrepreneurship Master’s), Mr. Vyakarna Niranjan Rao (Whole-Time Director, 37 years experience). |
Our journey and innovations Incorporated 2010, IPO in 2018, established as leading turnkey services provider in Chennai; expanding to solar power investments and Tier II cities. |
Where we operate Mainly Chennai and Coimbatore; expanding in Tier II cities of Tamil Nadu. |
Top products or what we offer Facility management services including building, electrical, HVAC maintenance, security systems, turnkey office fit-outs. |
Top brands Rithwik Facility Management brand known for comprehensive turnkey and maintenance solutions in Chennai and Coimbatore. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Majority of revenue is recurring from facility operations and maintenance contracts. |
Our industry position Among the top organized FM service companies in Chennai and Coimbatore with growing footprint. |
Financial highlights FY 2025: Revenue Rs.42.46 Cr (+16.7% YoY), PAT Rs.3.5 Cr, Operating margin 12.95%, healthy profit growth. |
Geographical revenue split Predominantly from Tamil Nadu regions: Chennai and Coimbatore, expanding in Tier II cities. |
Order book - |
Whats driving growth Robust commercial real estate growth, smart city initiatives, urban infrastructure, Tier II expansion, technology adoption. |
Our future plans Expanding operations to Tier II cities, commercial space development, and acquiring stakes in solar power generation companies. |
Our green promise - |
Our people and values 98 employees with emphasis on welfare, safety, and culture; promoting client relationships through engagement activities. |
Key challenges ahead Competitive sector with need for technology upgrades and scaling in Tier II markets sustainably. |
Interesting facts Organizes client sports events and employee welfare camps; no reported frauds or severe regulatory issues. |
Risks and strategy Risk from market competition and regulatory compliance; strategy includes technology adoption and geographic expansion. |
