
Fairsun Renewables Private Limited
About Fairsun Renewables Private Limited
Data last updated:
Fairsun Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Cse Development (India) Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40107MH2020PTC342130. Its GSTIN is 27AAECF1433F1Z0 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Namit Sharma and Sweta Yatin Narechania.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹44.3 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.45 Lakh (net margin -3.3%) and EBITDA of ₹26.85 Lakh (EBITDA margin 60.6%).
Company details
Contact details
Fairsun Renewables Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Fairsun Renewables Private 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 Fairsun Renewables 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 |
To see the full business activity and turnover split of Fairsun Renewables Private Limited, buy the company report.
Financials of Fairsun Renewables Private Limited
FY 2025 filings availableFairsun Renewables Private Limited reported revenue of ₹44.3 Lakh (up 1155% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹26.85 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.45 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.6% | ||||
| Net Profit Margin | -3.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Fairsun Renewables Private Limited, buy the company report.
Board of directors of Fairsun Renewables Private Limited
Fairsun Renewables has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Namit Sharma Also directs: Hexis Renewables Private Limited, Sthooma Renewables Private Limited, Anaveel Renewables Private Limited and 5 more | Director | 18 Jul 2020 | 6 Years 3 Months | Current |
| Sweta Yatin Narechania Also directs: Anaveel Renewables Private Limited, Balang Renewables Private Limited, Putrim Renewables Private Limited and 5 more | Director | 29 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Fairsun Renewables Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| Enerture Solar Three Private Limited | ₹44.64 Lakh (FY 2025) | 529.0% | New Delhi, Delhi, India | |||
| Fairsun Renewables Private Limitedthis company | ₹44.3 Lakh (FY 2025) | -₹1.45 Lakh | -3.3% | 1155.0% | Mumbai, Maharashtra, India | |
| SRN Sun N Solar Energy Private Limited | ₹44.29 Lakh (FY 2024) | Ramnagar, Uttarakhand, India | ||||
| Cge II Hybrid Energy Private Limited | ₹43.2 Lakh (FY 2025) | Mumbai, Maharashtra, India |
To see the full peer comparison of Fairsun Renewables Private Limited, buy the company report.
Auditor
Fairsun Renewables Private Limited is audited by BHUTA SHAH & CO LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHUTA SHAH & CO LLP | FY 2021 | 101474W |
Shareholding
The shareholding of Fairsun Renewables Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Fairsun Renewables Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fairsun Renewables Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fairsun Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fairsun Renewables Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
Fairsun Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF1433F1Z0 | Maharashtra | Active | 13 Apr 2021 |
To see the full GST registrations and return filing status of Fairsun Renewables Private Limited, buy the company report.
Recent activity
Fairsun Renewables Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Sweta Yatin Narechania was appointed as Director on 29 Jun 2023.
Frequently asked questions
Fairsun Renewables is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 July 2020 (6+ years old) and is registered under CIN U40107MH2020PTC342130.
Fairsun Renewables has 2 current directors:
- Namit Sharma - Director
- Sweta Yatin Narechania - Director
The latest financial statements of Fairsun Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Fairsun Renewables is 27AAECF1433F1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Fairsun Renewables is U40107MH2020PTC342130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairsun Renewables was incorporated on 18 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Fairsun Renewables by revenue are Enerture Solar Three Private Limited, SRN Sun N Solar Energy Private Limited, Cge II Hybrid Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Sweta Yatin Narechania was appointed as Director on 29 Jun 2023. Sweta Yatin Narechania ceased to be Additional Director on 29 Jun 2023. Umakant Eknath Shende ceased to be Director on 29 Jun 2023. Fairsun Renewables has 4 board changes on record in total.
The registered office of Fairsun Renewables is at 105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099.
Fairsun Renewables operates in the environment industry, in the solar energy solutions segment.
Fairsun Renewables can be reached at its registered office: 105 1st Flr E Wing Corporate Avenue, A K Link Rd Chakala Andheri E, Mumbai, Maharashtra, India – 400099.

