TP Adhrit Solar Limited
About TP Adhrit Solar Limited
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TP Adhrit Solar Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Power Renewable Energy Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 September 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40105MH2022PLC389831. Its GSTIN is 27AAJCT6493J1ZM (Maharashtra).
The company has an authorised share capital of ₹44.8 Cr and a paid-up capital of ₹40.68 Cr. It is led by directors including Danish Afroz and Viddyesh Kiran Raje.
Its last annual general meeting (AGM) was held on 27 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.95 Cr, a growth of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.43 Cr (net margin 7.5%) and EBITDA of ₹16.99 Cr (EBITDA margin 89.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
TP Adhrit Solar Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of TP Adhrit Solar 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 TP Adhrit Solar Limited
FY 2025 filings availableTP Adhrit Solar Limited reported revenue of ₹18.95 Cr (up 40% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue rose 40% in the latest year. EBITDA rose 44% in the latest 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 |
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| EBITDA | ₹16.99 Cr | |||
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| Net Profit (PAT) | ₹1.43 Cr | |||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | 89.7% | |||
| Net Profit Margin | 7.5% | |||
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To see the full financial statements and ratios of TP Adhrit Solar Limited, buy the company report.
Board of directors of TP Adhrit Solar Limited
TP Adhrit Solar 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 |
|---|---|---|---|---|
| Danish Afroz | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
| Viddyesh Kiran Raje Also directs: TP Akkalkot Renewable Limited, TP Arya Saurya Limited, TP Saurya Bandita Limited and 5 more | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
| Behram Phiroze Mehta | Director | 02 Sep 2022 | 4 Years 1 Months | Current |
Peer comparison
TP Adhrit Solar Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TP Adhrit Solar Limitedthis company | ₹18.95 Cr (FY 2026) | ₹1.43 Cr | 7.5% | 40.0% | Mumbai, Maharashtra, India | |
| Svarog Global Power Private Limited | ₹13.64 Cr (FY 2025) | 6.0% | Secunderabad, Telangana, India | |||
| Sunborne Energy Gujarat One Private Limited | ₹13.59 Cr (FY 2025) | -57.0% | Kachchh, Gujarat, India | |||
| Anu Solar Power Private Limited | ₹13.53 Cr (FY 2025) | 10.0% | Bangalore, Karnataka, India | |||
| Aalok Solarfarms Limited | ₹13.52 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Suryaurja Four Private Limited | ₹13.5 Cr (FY 2025) | 613545.0% | Noida, Uttar Pradesh, India | |||
| Palimarwar Solar Project Private Limited | ₹13.45 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Vyomaa Energy Private Limited | ₹13.43 Cr (FY 2025) | 92.0% | Rajanagaram, Andhra Pradesh, India | |||
| Abha Solarfarms Limited | ₹13.42 Cr (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Energy United India Private Limited | ₹13.37 Cr (FY 2024) | 148.0% | Patna, Bihar, India | |||
| Solarcraft Sandur Private Limited | ₹13.37 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India |
To see the full peer comparison of TP Adhrit Solar Limited, buy the company report.
Auditor
TP Adhrit Solar Limited is audited by VIKASH A. JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKASH A. JAIN & CO | FY 2023 | 0325949E |
Shareholding
The shareholding of TP Adhrit Solar Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of TP Adhrit Solar Limited, buy the company report.
Legal cases
No court or tribunal cases involving TP Adhrit Solar 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 TP Adhrit Solar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
TP Adhrit Solar Limited has 1 active EPFO establishment as of Apr 03, 2024.
GST
TP Adhrit Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCT6493J1ZM | Maharashtra | Active | 01 Oct 2022 |
To see the full GST registrations and return filing status of TP Adhrit Solar Limited, buy the company report.
Recent activity
TP Adhrit Solar Limited has 3 board changes on record since 2022: 3 appointments. The latest: Behram Phiroze Mehta was appointed as Director on 02 Sep 2022.
Frequently asked questions
TP Adhrit Solar is an active public limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 September 2022 (4+ years old) and is registered under CIN U40105MH2022PLC389831.
TP Adhrit Solar has 3 current directors:
- Danish Afroz - Director
- Viddyesh Kiran Raje - Director
- Behram Phiroze Mehta - Director
The latest financial statements of TP Adhrit Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 June 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of TP Adhrit Solar is 27AAJCT6493J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of TP Adhrit Solar is U40105MH2022PLC389831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Adhrit Solar was incorporated on 02 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of TP Adhrit Solar by revenue are Svarog Global Power Private Limited, Sunborne Energy Gujarat One Private Limited, Anu Solar Power Private Limited, Aalok Solarfarms Limited, Suryaurja Four Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Behram Phiroze Mehta was appointed as Director on 02 Sep 2022. Danish Afroz was appointed as Director on 02 Sep 2022. Viddyesh Kiran Raje was appointed as Director on 02 Sep 2022.
The registered office of TP Adhrit Solar is at CO The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009.
TP Adhrit Solar operates in the environment industry, in the solar energy solutions segment.
The compliance status of TP Adhrit Solar is compliant as of 09 July 2026. The company is actively filing with the Registrar of Companies.