Chiraharit

About the Company

Chiraharit Limited, part of the Malaxmi Group, delivers turnkey EPC solutions in water and renewable energy. It specializes in efficient water transportation for irrigation, drinking supply, solar cleaning, and industrial use, while also building Compressed Bio-Gas plants. The company combines technology and engineering to provide sustainable, reliable, and customised projects across sectors, reflecting its “Always Green” vision.

Strengths

• Diversified services across water and renewable energy EPC projects.
• Strong order book supporting sustained growth.
• Proven execution capabilities in large and complex projects.
• Commitment to high quality and industry standards.
• Experienced promoters with deep domain expertise.

Risks

• Ongoing legal proceedings involving the company, directors, and group entities.
• EPC projects rely on pre-qualification and competitive bidding; delays or cancellations hurt revenue.
• Heavy dependence on the Indian domestic market for revenue.
• Revenue is concentrated among a few customers; cancellations or delays may impact operations.
• Exposure to unsecured loans, which can be recalled at any time.