About Dugar Hydro Power Limited
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Dugar Hydro Power Limited is a public limited company based in Shimla, Himachal Pradesh, India, a subsidiary of The Tata Power Company Limited. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 21 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40101HP2011PLC031626. Its GSTIN is 07AADCD8323K1ZJ (Delhi).
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹66.99 Cr. It is led by directors including Tarun Katiyar and Ajay Kapoor.
Its last annual general meeting (AGM) was held on 24 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Grover Cottage Second Floor Above Hdfc Home Loan Chota Shimla – Kasumpti Road, Himachal Pradesh, India – 171002.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.57 Lakh, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Lakh (net margin 8.4%) and EBITDA of ₹8.81 Lakh (EBITDA margin 37.4%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 46% over five years.
Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 6 cases are pending. The company has 5 deals on record (3 rights issues, 2 funding rounds), with disclosed funding of ₹56.55 Cr; the latest was in March 2018. Its 4 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is Vijayalakshmi Hydro Power Private Limited with revenue of ₹30.54 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dugarhydro.com.
Company details
Contact details
Dugar Hydro Power Limited's registered office is in Shimla, Himachal Pradesh. Its website is dugarhydro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGrover Cottage Second Floor Above Hdfc Home Loan Chota Shimla – Kasumpti Road, Himachal Pradesh, India – 171002
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Dugar Hydro Power Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Dugar Hydro Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Dugar Hydro Power Limited
FY 2025 filings availableDugar Hydro Power Limited reported revenue of ₹23.57 Lakh (down 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 46%. EBITDA fell 77% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹8.81 Lakh | ||||
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| Net Profit (PAT) | ₹1.98 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 37.4% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Dugar Hydro Power Limited, buy the company report.
Board of directors of Dugar Hydro Power Limited
Dugar Hydro Power has 4 current directors and 35 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Katiyar Also directs: Tata Power Trading Company Limited, TP Renewable Microgrid Limited, Solace Land Holding Limited and 5 more | Director | 17 Feb 2023 | 3 Years 8 Months | Current |
| Ajay Kapoor Also directs: Mandakini Coal Company Limited, Tubed Coal Mines Limited, Tata Power Trading Company Limited and 4 more | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Andrew John Rochmankowski Also directs: Vishnupriya Farms Private Limited, Foxtrot Solar Renewables Energy Private Limited, Statkraft India Private Limited and 4 more | Additional Director | 16 Jan 2025 | 1 Years 9 Months | Current |
| Niraj Kumar Also directs: Foxtrot Solar Renewables Energy Private Limited, Statkraft India Private Limited, Mandakini Jal Urja Private Limited and 1 more | Additional Director | 21 Jan 2025 | 1 Years 9 Months | Current |
Peer comparison
Dugar Hydro Power Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vijayalakshmi Hydro Power Private Limited | ₹30.54 Lakh (FY 2024) | 73.0% | Mandya, Karnataka, India | |||
| KSK Dibbin Hydro Power Private Limited | ₹30.46 Lakh (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Ku Power Projects Limited | ₹23.8 Lakh (FY 2025) | New Delhi, Delhi, India | ||||
| Dugar Hydro Power Limitedthis company | ₹23.57 Lakh (FY 2025) | ₹1.98 Lakh | 8.4% | -56.0% | Shimla, Himachal Pradesh, India | |
| Kilara Power Private Limited | ₹21.06 Lakh (FY 2025) | -19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Dugar Hydro Power Limited, buy the company report.
Auditor
Dugar Hydro Power Limited is audited by S.R Batliboi & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R Batliboi & Co. LLP | FY 2024 | 301003E / E300005 |
Shareholding
The shareholding of Dugar Hydro Power Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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To see the full shareholding pattern of Dugar Hydro Power Limited, buy the company report.
Deals & funding
Dugar Hydro Power Limited has 5 deals on record (3 rights issues, 2 funding rounds), with disclosed funding of ₹56.55 Cr; the latest was in March 2018.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹35 Lakh | Investors: Statkraft Holding Singapore Pte Limited, The Tata Power Company Limited |
| Sep 2015 | Rights issue | ₹10.5 Cr | Investors: The Tata Power Company Limited , Statkraft Holding Singapore Pte Limited |
| Dec 2013 | Rights issue | ₹19.4 Cr | Investors: The Tata Power Company Limited , Statkraft Holding Singapore Pte Limited |
| Oct 2012 | Funding round | ₹28.6 Cr | Investors: The Tata Power Company Limited , Statkraft Holding Singapore Pte Limited |
| May 2011 | Funding round | ₹27.95 Cr | Investors: Statkraft Holding Singapore Pte Limited, The Tata Power Company Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dugar Hydro Power Limited has 12 court cases on record: 6 filed by Dugar Hydro Power, 6 filed against it. 6 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 6 | 6 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Court case (OMP) | Filed by the company against State of Hp(Not Applicable) | Pending |
| High Court of Himachal Pradesh | Court case (CARBC) | Filed against the company by State of HP | Pending |
| High Court of Himachal Pradesh | Court case (CARAP) | Filed against the company by State of HP | Pending |
| High Court of Himachal Pradesh | Court case (EX.P) | Filed by the company against State of HP | Pending |
| High Court | Court case (CARAP) | Filed against the company by State of Hp(Not Applicable) | Disposed |
To see the full case history of Dugar Hydro Power Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dugar Hydro Power Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Dugar Hydro Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCD8323K1ZJ | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Dugar Hydro Power Limited, buy the company report.
Recent activity
Dugar Hydro Power Limited has 34 board changes on record since 2012: 5 appointments and 29 cessations. The latest: Niraj Kumar was appointed as Additional Director on 21 Jan 2025.
25 earlier events are in the company report.
Frequently asked questions
Dugar Hydro Power is an active public limited company based in Shimla, Himachal Pradesh, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 21 April 2011 (15+ years old) and is registered under CIN U40101HP2011PLC031626.
Dugar Hydro Power has 4 current directors:
- Tarun Katiyar - Director
- Ajay Kapoor - Director
- Andrew John Rochmankowski - Additional Director
- Niraj Kumar - Additional Director
The latest financial statements of Dugar Hydro Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 24 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dugar Hydro Power is 07AADCD8323K1ZJ, registered in Delhi.
The CIN (Corporate Identification Number) of Dugar Hydro Power is U40101HP2011PLC031626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dugar Hydro Power has 12 court cases on record: 6 filed by the company and 6 filed against it. 6 are pending. Most are in the high courts.
Dugar Hydro Power was incorporated on 21 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Dugar Hydro Power has 5 deals on record (3 rights issues, 2 funding rounds), with disclosed funding of ₹56.55 Cr; the latest was in March 2018.
The peers of Dugar Hydro Power by revenue are Vijayalakshmi Hydro Power Private Limited, KSK Dibbin Hydro Power Private Limited, Ku Power Projects Limited, Kilara Power Private Limited, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Niraj Kumar was appointed as Additional Director on 21 Jan 2025. Andrew John Rochmankowski was appointed as Additional Director on 16 Jan 2025. Gauri Shankar Mishra ceased to be Additional Director on 18 Jul 2024. Dugar Hydro Power has 34 board changes on record in total.
Dugar Hydro Power can be reached through the website dugarhydro.com. Its registered office is in Shimla, Himachal Pradesh, India.