Suryoday Renewables Limited
About Suryoday Renewables Limited
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Suryoday Renewables Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Suzlon Energy Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 29 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40108GJ2016PLC092709.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹6.28 Lakh. It is led by directors including Vinod Kumar Bishnoi and Rakesh Bhandari.
Its last annual general meeting (AGM) was held on 09 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Suzlon 5 Shrimalisociety Nearshrikrishnacomplex Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2026, the company reported a revenue of ₹43.81 Lakh, a growth of 62% compared to the previous year. For the same year it recorded a net profit of ₹24.12 Lakh (net margin 55.1%) and EBITDA of ₹43.4 Lakh (EBITDA margin 99.1%). Revenue has grown at a compounded annual rate (CAGR) of 550% over three years and 216% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Suryoday Renewables has one previous CIN (Corporate Identification Number): U28140GJ2016PLC092709. The current CIN is U40108GJ2016PLC092709, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108GJ2016PLC092709 | Current |
| U28140GJ2016PLC092709 | Previous |
Contact details
Suryoday Renewables Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressSuzlon 5 Shrimalisociety Nearshrikrishnacomplex Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Suryoday Renewables 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
Financials of Suryoday Renewables Limited
FY 2026 filings availableSuryoday Renewables Limited reported revenue of ₹43.81 Lakh (up 62% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 216% over five years, including 62% growth in the latest year. EBITDA rose 63% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹43.81 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹43.4 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹24.12 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Total Liabilities | |||||
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| Investments | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 99.1% | ||||
| Net Profit Margin | 55.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Suryoday Renewables Limited, buy the company report.
Board of directors of Suryoday Renewables Limited
Suryoday Renewables has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinod Kumar Bishnoi Also directs: Anshul Green Urja Limited, Swe Green Urja Limited, Shreya Green Urja Limited and 5 more | Director | 29 Jun 2016 | 10 Years 4 Months | Current |
| Rakesh Bhandari Also directs: Anshul Green Urja Limited, Swe Green Urja Limited, Shreya Green Urja Limited and 5 more | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Sriram Krishnamurthy Iyer Also directs: Anshul Green Urja Limited, Swe Green Urja Limited, Shreya Green Urja Limited and 5 more | Director | 01 Nov 2023 | 3 Years 0 Months | Current |
Auditor
Suryoday Renewables Limited is audited by S N K & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S N K & CO | FY 2019 | 109176W |
Shareholding
The shareholding of Suryoday Renewables Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Suryoday Renewables Limited, buy the company report.
Legal cases
No court or tribunal cases involving Suryoday Renewables 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 Suryoday Renewables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Suryoday Renewables Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Suryoday Renewables Limited has 9 board changes on record since 2016: 6 appointments and 3 cessations. The latest: Sanjay Agrawal ceased to be Director on 01 Nov 2023.
Frequently asked questions
Suryoday Renewables is an active public limited company based in Ahmedabad, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 29 June 2016 (10+ years old) and is registered under CIN U40108GJ2016PLC092709.
Suryoday Renewables has 3 current directors:
- Vinod Kumar Bishnoi - Director
- Rakesh Bhandari - Director
- Sriram Krishnamurthy Iyer - Director
The latest financial statements of Suryoday Renewables on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 09 September 2025. Year-wise statements from FY 2017 are in the company report.
The CIN (Corporate Identification Number) of Suryoday Renewables is U40108GJ2016PLC092709. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suryoday Renewables was incorporated on 29 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Sanjay Agrawal ceased to be Director on 01 Nov 2023. Sriram Krishnamurthy Iyer was appointed as Director on 01 Nov 2023. Rakesh Bhandari was appointed as Director on 25 Sep 2020. Suryoday Renewables has 9 board changes on record in total.
The registered office of Suryoday Renewables is at Suzlon 5 Shrimalisociety Nearshrikrishnacomplex Navrangpura, Ahmedabad, Gujarat, India – 380009.
Suryoday Renewables operates in the energy and power industry, in the power transmission and distribution services segment.
The compliance status of Suryoday Renewables is compliant as of 27 August 2026. The company is actively filing with the Registrar of Companies.
Suryoday Renewables can be reached at its registered office: Suzlon 5 Shrimalisociety Nearshrikrishnacomplex Navrangpura, Ahmedabad, Gujarat, India – 380009.
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