Waaree PV Power LLP - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
LLPIN AAD-4867 Incorporated 04 March 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Limited Liability Partnership environment
Revenue · FY 2023
₹6.83 Cr
▼ 91% YoY
Net loss · FY 2023
₹39.69 Lakh
Net margin -5.8%
EBITDA · FY 2023
-₹38.76 Lakh
EBITDA margin -5.7%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
11 yrs
Est. 2015
Employees · EPFO
21
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
3
GST registered

About Waaree PV Power LLP

Data last updated:

Waaree PV Power LLP is a limited liability partnership (LLP) based in Mumbai, Maharashtra, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 04 March 2015 and has been in existence for over 11 years.

Its director Viren Chimanlal Doshi is #1,545 among India's richest people (2026).

The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAD-4867. Its GSTIN is 36AARFP1070C2ZC (Telangana). The LLP holds 3 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Pujan Pankaj Doshi and Viren Doshi Chimanlal.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 602 6th Floor Western Edge – 1 Western Express Highway Borivali(East), Mumbai, Maharashtra, India – 400066.

As per the financials filed for FY 2023, the LLP reported a revenue of ₹6.83 Cr, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹39.69 Lakh (net margin -5.8%) and EBITDA of -₹38.76 Lakh (EBITDA margin -5.7%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years.

The LLP has about 21 employees on its provident fund (EPFO) records.

For more details, the LLP can be reached via its website waaree.com.

Company details

LLPIN AAD-4867
Incorporation Date 04 March 2015
Total Obligation of Contribution ₹1 Lakh
ROC Mumbai
Company Status Active

Recognitions & Rankings of Waaree PV Power

India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Waaree PV Power LLP's registered office is in Mumbai, Maharashtra. Its website is waaree.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Social Media
  • Registered Address
    602 6th Floor Western Edge – 1 Western Express Highway Borivali(East), Mumbai, Maharashtra, India – 400066
  • Industry
    Environment, Clean Energy Solutions

To see the full contact details of Waaree PV Power LLP, buy the company report.

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Waaree PV Power LLP - one report that includes everything
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  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Financials of Waaree PV Power LLP

FY 2025 filings available

Waaree PV Power LLP reported revenue of ₹6.83 Cr (down 91% YoY) for FY 2023.

Revenue · FY 2023
₹6.83 Cr ▼ 91%
Net loss · FY 2023
₹39.69 Lakh margin -5.8%
EBITDA · FY 2023
-₹38.76 Lakh margin -5.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 91%
3 years · compounded
▼ 14%

Revenue has declined at a compounded annual rate (CAGR) of 14% over three years, including a 91% 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

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
Interest
Depreciation
Total Expenses
Profit Before Tax
Tax
Profit After Tax-₹39.69 Lakh
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
Net Profit Margin-5.8%
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
Receivable Days
Turnover Growth
Profit Growth

To see the full financial statements and ratios of Waaree PV Power LLP, buy the company report.

Designated partners of Waaree PV Power LLP

Waaree PV Power has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Pujan Pankaj DoshiDesignated Partner14 Mar 20188 Years 8 MonthsCurrent
Viren Doshi ChimanlalDesignated Partner04 Mar 201511 Years 8 MonthsCurrent

MSME payment delays

No delayed payments to MSME suppliers are on our record for Waaree PV Power LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Waaree PV Power LLP has a workforce of 21 employees on its EPFO records as of Mar 2022, across 2 active EPFO establishments.

Employee count
21
Active EPFO establishments
2
Employee growth
162.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2021-2221
FY 2020-21
FY 2019-20
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Waaree PV Power LLP, buy the company report.

GST

Waaree PV Power has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
36AARFP1070C2ZCTelanganaActive01 Jul 2017
27AARFP1070C1ZCMaharashtraActive12 Sep 2019
24AARFP1070C1ZIGujaratActive07 Nov 2020

To see the full GST registrations and return filing status of Waaree PV Power LLP, buy the company report.

Recent activity

Waaree PV Power LLP has 3 designated partner changes on record since 2015: 2 appointments and 1 cessation. The latest: Hitesh Chimanlal Doshi ceased to be Designated Partner on 14 Mar 2018.

AGM
Waaree Pv Power Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Waaree Pv Power Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Hitesh Chimanlal Doshi ceased to be Designated Partner.
Appointed
Pujan Pankaj Doshi was appointed as Designated Partner.
Appointed
Viren Doshi Chimanlal was appointed as Designated Partner.
Incorporation
04 Mar 2015
Waaree Pv Power Llp was registered on 04 Mar 2015 with Roc Mumbai I & aged 11 years 8 months as per MCA records.

Frequently asked questions

Waaree PV Power is an active limited liability partnership based in Mumbai, Maharashtra, India. The LLP works in clean energy solutions, within the environment industry. It was incorporated on 04 March 2015 (11+ years old) and is registered under LLPIN AAD-4867.

Waaree PV Power has 2 current designated partners:

The latest financial statements of Waaree PV Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Waaree PV Power is 36AARFP1070C2ZC, registered in Telangana. The LLP has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AARFP1070C1ZC (Maharashtra), 24AARFP1070C1ZI (Gujarat).

The LLPIN (Limited Liability Partnership Identification Number) of Waaree PV Power is AAD-4867. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Waaree PV Power was incorporated on 04 March 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Hitesh Chimanlal Doshi ceased to be Designated Partner on 14 Mar 2018. Pujan Pankaj Doshi was appointed as Designated Partner on 14 Mar 2018. Viren Doshi Chimanlal was appointed as Designated Partner on 04 Mar 2015.

Waaree PV Power can be reached through the website waaree.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Waaree PV Power is at 602 6th Floor Western Edge – 1 Western Express Highway BorivaliEast, Mumbai, Maharashtra, India – 400066.

Waaree PV Power operates in the environment industry, in the clean energy solutions segment.