About Terraform Global India Private Limited
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Terraform Global India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India, a subsidiary of Terraform Global Palmares Holding B. V.. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 16 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2016FTC331310. Its GSTIN is 27AAFCT9174L1ZM (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10.1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Ajay Aggarwal and Shanmugakumar Gomathinayagam.
Its last annual general meeting (AGM) was held on 12 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 702 7th Floor Tower 3 Equinox Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.31 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹4.97 Cr (net margin -215.2%) and EBITDA of -₹4.96 Cr (EBITDA margin -215%). Revenue has declined at a compounded annual rate (CAGR) of 57% over three years and 39% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: TerraForm Power.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website terraformglobal.com.
Company details
CIN history
Terraform Global India has one previous CIN (Corporate Identification Number): U40300TN2016FTC112539. The current CIN is U40300MH2016FTC331310, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2016FTC331310 | Current |
| U40300TN2016FTC112539 | Previous |
Contact details
Terraform Global India Private Limited's registered office is in Mumbai, Maharashtra. Its website is terraformglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit 702 7th Floor Tower 3 Equinox Business Park Off Bandra Kurla Complex Lbs Marg Kurl, A West, Mumbai, Maharashtra, India – 400070
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Terraform Global India 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
Brands
Terraform Global India operates one associated brand: TerraForm Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Independent power producers and investors | terraformpower.com |
Business activity
The main business activity of Terraform Global India 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 Terraform Global India Private Limited, buy the company report.
Financials of Terraform Global India Private Limited
FY 2025 filings availableTerraform Global India Private Limited reported revenue of ₹2.31 Cr (down 65% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 39% over five years, including a 65% fall 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 | -₹4.96 Cr | ||||
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| Net Profit (PAT) | -₹4.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -215% | ||||
| Net Profit Margin | -215.2% | ||||
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To see the full financial statements and ratios of Terraform Global India Private Limited, buy the company report.
Board of directors of Terraform Global India Private Limited
Terraform Global India has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Aggarwal | Director | 13 Jun 2022 | 4 Years 4 Months | Current |
| Shanmugakumar Gomathinayagam Also directs: Brookfield Renewable (Operating) India Private Limited | Director | 31 Aug 2018 | 8 Years 2 Months | Current |
| Shagun Kumar | Director | 08 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Terraform Global India Private Limited is audited by S R B C & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Terraform Global India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Terraform Global India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Terraform Global India 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
Terraform Global India Private Limited has 5 MSME Form 1 returns on record between 2020 and 2023, listing 89 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| MSD Controls LLP | |||
| Sapphire Software Solutions | |||
| Simulanis Solutions Private Limited |
To see the full MSME payment records of Terraform Global India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Terraform Global India Private Limited has a workforce of 15 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Terraform Global India has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCT9174L1ZM | Maharashtra | Active | 01 Jun 2018 |
To see the full GST registrations and return filing status of Terraform Global India Private Limited, buy the company report.
Recent activity
Terraform Global India Private Limited has 15 board changes on record since 2016: 9 appointments and 6 cessations. The latest: Shagun Kumar was appointed as Director on 08 Sep 2023.
6 earlier events are in the company report.
News
Frequently asked questions
Terraform Global India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 16 September 2016 (10+ years old) and is registered under CIN U40300MH2016FTC331310.
Terraform Global India has 3 current directors:
- Ajay Aggarwal - Director
- Shanmugakumar Gomathinayagam - Director
- Shagun Kumar - Director
The latest financial statements of Terraform Global India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 June 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Terraform Global India is 27AAFCT9174L1ZM, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Terraform Global India is U40300MH2016FTC331310. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terraform Global India was incorporated on 16 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
Shagun Kumar was appointed as Director on 08 Sep 2023. Rengarajan Sadagopan ceased to be Director on 17 May 2023. Chenniappan Muruganandan ceased to be Director on 16 Jun 2022. Terraform Global India has 15 board changes on record in total.
Terraform Global India has 5 MSME Form 1 returns on record between 2020 and 2023, listing 89 overdue payments to 22 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Terraform Global India can be reached through the website terraformglobal.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Terraform Global India is at Unit 702 7th Floor Tower 3 Equinox Business Park Off Bandra Kurla Complex Lbs Marg Kurl, A West, Mumbai, Maharashtra, India – 400070.
Terraform Global India operates in the energy and power industry, in the power epc, bop and btg services segment.
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