Abrel (RJ) Projects Limited
About Abrel (RJ) Projects Limited
Data last updated:
Abrel (RJ) Projects Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Aditya Birla Renewables Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 11 November 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U35106MH2022PLC393282. Its GSTIN is 27AAXCA8787C1ZX (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1,000 Cr and a paid-up capital of ₹765.69 Cr. It is led by directors including Subhash Chandra Bhargava and Archana Maru Balwant.
Its last annual general meeting (AGM) was held on 11 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 2 Aditya Birla Centre S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.38 Cr. For the same year it recorded a net loss of ₹1.38 Cr (net margin -57.9%) and EBITDA of -₹83.2 Lakh (EBITDA margin -35%).
As per MCA filings, the company has open charges of ₹3,827.61 Cr on record. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2025. Its 10 peer companies in the Infrastructure industry (Power Projects) are compared by revenue, 5 larger and 5 smaller; the largest is Virender Dogra Power Projects Private Limited with revenue of ₹2.46 Cr.
CIN History of Abrel (RJ) Projects Limited
Abrel (RJ) Projects has one previous CIN (Corporate Identification Number): U40300MH2022PLC393282. The current CIN is U35106MH2022PLC393282, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35106MH2022PLC393282 | Current |
| U40300MH2022PLC393282 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA – 2 Aditya Birla Centre S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryEnvironment, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Abrel (RJ) Projects Limited
The main business activity of Abrel (RJ) Projects is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Abrel (RJ) Projects Limited FY 2025 filings available
Abrel (RJ) Projects Limited reported revenue of ₹2.38 Cr for FY 2025.
Financial Statement Summary of Abrel (RJ) Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| 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 | -₹83.2 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.38 Cr | •••• | •••• |
| 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 of Abrel (RJ) Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -35% | •••• | •••• |
| Net Profit Margin | -57.9% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Abrel (RJ) Projects are in the company report.
Financial statements from FY 2023
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Abrel (RJ) Projects Limited
Abrel (RJ) Projects has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subhash Chandra Bhargava Also directs: Aditya Birla Renewables SPV 1 Limited, Aditya Birla Renewables Energy Limited, Palace Solar Energy Private Limited and 3 more | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Archana Maru Balwant Also directs: Aditya Birla Renewables Energy Limited, Aditya Birla Renewables Solar Limited, Abrel Solar Power Limited and 3 more | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Narendra Shrihari Somoshi Also directs: Abrel Century Energy Limited, Aditya Birla Renewables Energy Trading Limited, Aditya Birla Renewables SPV 3 Limited and 5 more | Director | 28 May 2024 | 2 Years 4 Months | Current |
| Ashish Razdan | Director | 15 Apr 2025 | 1 Years 6 Months | Current |
| Mahendra Bhandari Also directs: Abrel Solar Power Limited, Shambhavnath Estates LLP, Rana Jashraj Estates LLP and 5 more | Director | 11 Oct 2024 | 2 Years 0 Months | Current |
Peer Comparison of Abrel (RJ) Projects Limited
Abrel (RJ) Projects Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Virender Dogra Power Projects Private Limited | ₹2.46 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Pathankot, Punjab, India |
| BVG Clean Energy Limited | ₹2.44 Cr (FY 2024) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| Sunguard Greentech Private Limited | ₹2.44 Cr (FY 2024) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
| Thandon Infrastructure Private Limited | ₹2.4 Cr (FY 2025) | •••• | •••• | -79.0% | •••• | Hyderabad, Telangana, India |
| Mansi Bijlee & Rice Mills Limited | ₹2.39 Cr (FY 2025) | •••• | •••• | 170.0% | •••• | Gurgaon, Haryana, India |
| Abrel (RJ) Projects Limited this company | ₹2.38 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Jyotikiran Energy Chennai Private Limited | ₹2.37 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Noida, Uttar Pradesh, India |
| Greenops Private Limited | ₹2.36 Cr (FY 2024) | •••• | •••• | -21.0% | •••• | Ahmedabad, Gujarat, India |
| Srivaru Green Energy Service Private Limited | ₹2.31 Cr (FY 2025) | •••• | •••• | •••• | Palladam, Tamil Nadu, India | |
| Jindal Structures Private Limited | ₹2.29 Cr (FY 2017) | •••• | •••• | -67.0% | •••• | Hisar, Haryana, India |
| Apricus Energy Solutions Private Limited | ₹2.29 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Abrel (RJ) Projects by revenue in the Infrastructure industry (Power Projects), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Abrel (RJ) Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2025 | Others | ₹1,910 Cr | Open |
| 12 Mar 2025 | Others | ₹1,917.61 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Abrel (RJ) Projects Limited
Abrel (RJ) Projects Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2025.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2025 | Rights issue | ₹571.05 Cr | Investors: Aditya Birla Renewables Limited , Ultratech Cement Limited |
| Jun 2023 | Secondary share transfer | Undisclosed | Buyer: Ultratech Cement Limited Seller: Aditya Birla Renewables Limited |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Abrel (RJ) Projects Limited
Employment history and EPFO contributions of people linked to Abrel (RJ) Projects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Abrel (RJ) Projects Limited
Abrel (RJ) Projects Limited has 13 board changes on record since 2024: 5 appointments and 8 cessations. The latest: Archana Maru Balwant ceased to be Additional Director on 10 Aug 2025.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Abrel (RJ) Projects Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Abrel (RJ) Projects Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Abrel (RJ) Projects Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Abrel (RJ) Projects Limited
Abrel (RJ) Projects has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCA8787C1ZX | Maharashtra | Active | 14 Mar 2023 |
| 24AAXCA8787C1Z3 | Gujarat | Active | 18 Jul 2024 |
| 08AAXCA8787C1ZX | Rajasthan | Active | 22 Jul 2024 |
| 29AAXCA8787C1ZT | Karnataka | Active | 06 Aug 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Abrel (RJ) Projects Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Abrel (RJ) Projects Limited
Abrel (RJ) Projects 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 11 November 2022 (4+ years old) and is registered under CIN U35106MH2022PLC393282.
Abrel (RJ) Projects reported revenue of ₹2.38 Cr for FY 2025.
Abrel (RJ) Projects has 5 current directors:
- Subhash Chandra Bhargava - Director
- Archana Maru Balwant - Director
- Narendra Shrihari Somoshi - Director
- Ashish Razdan - Director
- Mahendra Bhandari - Director
Abrel (RJ) Projects reported a net loss of ₹1.38 Cr (net margin -57.9%) and EBITDA of -₹83.2 Lakh (EBITDA margin -35%) for FY 2025, as per its filed financial statements.
The GSTIN of Abrel (RJ) Projects is 27AAXCA8787C1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 24AAXCA8787C1Z3 (Gujarat), 08AAXCA8787C1ZX (Rajasthan), 29AAXCA8787C1ZT (Karnataka).
The CIN (Corporate Identification Number) of Abrel (RJ) Projects is U35106MH2022PLC393282. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abrel (RJ) Projects was incorporated on 11 November 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Abrel (RJ) Projects has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in March 2025.
The peers of Abrel (RJ) Projects by revenue are Virender Dogra Power Projects Private Limited, BVG Clean Energy Limited, Sunguard Greentech Private Limited, Thandon Infrastructure Private Limited, Mansi Bijlee & Rice Mills Limited and 5 more, all in the Infrastructure industry (Power Projects).
Archana Maru Balwant ceased to be Additional Director on 10 Aug 2025. Ashish Razdan ceased to be Additional Director on 10 Aug 2025. Mahendra Bhandari ceased to be Additional Director on 10 Aug 2025. Abrel (RJ) Projects has 13 board changes on record in total.
The registered office of Abrel (RJ) Projects is at A – 2 Aditya Birla Centre S.K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.