About Ad Hydro Power Limited
Data last updated:
Ad Hydro Power Limited is a public limited company based in Himachal Pradesh, India, a subsidiary of Malana Power Company Limited. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 16 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40101HP2003PLC026108. Its GSTIN is 02AAECA6200D1ZM (Himachal Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹700 Cr and a paid-up capital of ₹560.15 Cr. It is led by directors including Ravi Jhunjhunwala and Kamal Gupta.
Its last annual general meeting (AGM) was held on 14 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village Prinip O Jagat Sukh Teh Manali Distt Kullu, Himachal Pradesh, India.
As per the financials filed for FY 2025, the company reported a revenue of ₹369.11 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹204.33 Cr (net margin 55.4%) and EBITDA of ₹310.71 Cr (EBITDA margin 84.2%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company has about 238 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ad Hydro Power Limited. As per MCA filings, the company has open charges of ₹437.5 Cr and satisfied charges of ₹2,323.28 Cr on record. Court records list 117 cases involving the company, including 88 filed by the company and 28 filed against it; 27 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹369.1 Cr; the latest was in March 2023. Its 10 peer companies in the Cleantech industry (Hydro Power) are compared by revenue, 5 larger and 5 smaller; the largest is Choudhary Power Projects Private Limited with revenue of ₹506.18 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adhydropower.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressVillage Prinip O Jagat Sukh Teh Manali Distt Kullu, Himachal Pradesh, India
- IndustryEnvironment, Hydroelectric Power 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 Ad Hydro Power Limited
The main business activity of Ad Hydro Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 Ad Hydro Power Limited FY 2025 filings available
Ad Hydro Power Limited reported revenue of ₹369.11 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Ad Hydro Power Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 11% growth in the latest year. EBITDA rose 14% 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 of Ad Hydro Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹310.71 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹204.33 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 Ad Hydro Power Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 55.4% | •••• | •••• | •••• | •••• |
| 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 Ad Hydro Power are in the company report.
Financial statements from 2015
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.
Peer Comparison of Ad Hydro Power Limited
Ad Hydro Power Limited is compared with the companies closest to it by revenue in the Cleantech industry (Hydro Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Choudhary Power Projects Private Limited | ₹506.18 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Jammu, Jammu and Kashmir, India |
| Sandur Power Company Private Limited | ₹505.35 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | Bangalore, Karnataka, India |
| Ramanagaram Enterprises Private Limited | ₹482.52 Cr (FY 2023) | •••• | •••• | 188.0% | •••• | Hyderabad, Telangana, India |
| Himachal Infracon Private Limited | ₹444.05 Cr (FY 2025) | •••• | •••• | 200.0% | •••• | Hyderabad, Telangana, India |
| Bajoli Holi Hydropower Private Limited | ₹419.64 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Chamba, Himachal Pradesh, India |
| Ad Hydro Power Limited this company | ₹369.11 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Himachal Pradesh, India |
| Renew Jal Urja Private Limited | ₹338.9 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Madhya Bharat Power Corporation Limited | ₹273.06 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Raipur, Chhattisgarh, India |
| Kallam Textiles Limited Listed | ₹258.1 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Guntur, Andhra Pradesh, India |
| Bhoruka Power Corporation Limited | ₹250.4 Cr (FY 2024) | •••• | •••• | -5.0% | •••• | Bangalore - 56001, Karnataka, India |
| Indsil Hydro Power and Manganese Limited Listed | ₹238.23 Cr (FY 2025) | •••• | •••• | 91.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Ad Hydro Power by revenue in the Cleantech industry (Hydro Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ad Hydro Power Limited
Ad Hydro Power Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins & Sells LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Ad Hydro Power Limited
Ad Hydro Power has 5 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Jhunjhunwala Also directs: Heg Limited, Malana Power Company Limited, Riju Advisory and Consulting LLP and 5 more | Director | 16 Jun 2003 | 23 Years 3 Months | Current |
| Kamal Gupta Also directs: Heg Limited, Malana Power Company Limited | Director | 05 Nov 2024 | 1 Years 11 Months | Current |
| Om Prakash Ajmera Also directs: Malana Power Company Limited, Heg Graphite Limited, Replus Engitech Private Limited and 5 more | Director | 04 Feb 2020 | 6 Years 8 Months | Current |
| Pankaj Kapoor | Manager | 04 Feb 2020 | 6 Years 8 Months | Current |
| Rakesh Nath Also directs: Malana Power Company Limited, RNSM Energy Advisors LLP | Director | 30 Jan 2025 | 1 Years 8 Months | Current |
Ownership and Shareholding of Ad Hydro Power Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Ad Hydro Power Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Apr 2017 | Idbi Trusteeship Services Limited | ₹31 Cr | Satisfied |
| 23 Mar 2017 | Idbi Trusteeship Services Limited | ₹44 Cr | Satisfied |
| 23 Mar 2017 | Idbi Trusteeship Services Limited | ₹86 Cr | Satisfied |
| 21 Mar 2017 | Idbi Trusteeship Services Limited | ₹160 Cr | Satisfied |
| 28 Jul 2016 | Idbi Trusteeship Services Limited | ₹160 Cr | Satisfied |
Total charge records: 24 View all charges
Deals & Funding of Ad Hydro Power Limited
Ad Hydro Power Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹369.1 Cr; the latest was in March 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Malana Power Company Limited Seller: International Finance Corporation |
| Dec 2008 | Funding round | ₹176.46 Cr | Investors: Malana Power Company Limited , International Finance Corporation |
| Mar 2007 | Funding round | ₹192.64 Cr | Investors: Malana Power Company Limited , International Finance Corporation |
Full deal history
All 3 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.
Legal Cases of Ad Hydro Power Limited
Ad Hydro Power Limited has 117 court cases on record: 88 filed by Ad Hydro Power, 28 filed against it, 1 where it is another party. 27 cases are pending and 90 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 65 | 10 | 20 |
| District courts | 52 | 18 | 7 |
Cases on record (5 of 117)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Himachal Pradesh | Interim or miscellaneous application | Filed by the company against State of HP | Pending |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against State of HP | Pending |
| District court, Kullu, Himachal Pradesh | Civil miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Himachal Pradesh | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against an individual | Pending |
Full case history
All 117 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Ad Hydro Power Limited
Ad Hydro Power operates one associated brand: AD HYDRO POWER LIMITED. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity is generated and supplied via a hydroelectric power project. | adhydropower.com |
Employees and EPFO Compliance at Ad Hydro Power Limited
Ad Hydro Power Limited has a workforce of 238 employees as of Apr 03, 2024.
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.
CIN History of Ad Hydro Power Limited
Ad Hydro Power has one previous CIN (Corporate Identification Number): L40101HP2003PLC026108. The current CIN is U40101HP2003PLC026108, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101HP2003PLC026108 | Current |
| L40101HP2003PLC026108 | Previous |
Recent Activity on Ad Hydro Power Limited
Ad Hydro Power Limited has 45 board changes on record since 2003: 25 appointments and 20 cessations. The latest: Andrew John Rochmankowski ceased to be Director on 17 Nov 2025.
96 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Ad Hydro Power 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 Ad Hydro Power 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 Ad Hydro Power 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 Ad Hydro Power Limited
Ad Hydro Power has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAECA6200D1ZM | Himachal Pradesh | Active | 01 Jul 2017 |
| 07AAECA6200D1ZC | Delhi | Active | 01 Jul 2017 |
| 09AAECA6200D1Z8 | Uttar Pradesh | Active | 25 Aug 2017 |
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 Ad Hydro Power 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 Ad Hydro Power Limited
Ad Hydro Power is an active public limited company based in Himachal Pradesh, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 16 June 2003 (23+ years old) and is registered under CIN U40101HP2003PLC026108.
Ad Hydro Power reported revenue of ₹369.11 Cr for FY 2025 (up 11% YoY).
Ad Hydro Power has 5 current directors:
- Ravi Jhunjhunwala - Director
- Kamal Gupta - Director
- Om Prakash Ajmera - Director
- Rakesh Nath - Director
- Pankaj Kapoor - Manager
Ad Hydro Power reported a net profit of ₹204.33 Cr (net margin 55.4%) and EBITDA of ₹310.71 Cr (EBITDA margin 84.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ad Hydro Power is 12% over three years and 9% over five years. In the latest year (FY 2025) revenue rose 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ad Hydro Power is 02AAECA6200D1ZM, registered in Himachal Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 07AAECA6200D1ZC (Delhi), 09AAECA6200D1Z8 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ad Hydro Power is U40101HP2003PLC026108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ad Hydro Power has 117 court cases on record: 88 filed by the company and 28 filed against it. 27 are pending. Most are in the high courts.
Ad Hydro Power was incorporated on 16 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Ad Hydro Power has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹369.1 Cr; the latest was in March 2023.
The peers of Ad Hydro Power by revenue are Choudhary Power Projects Private Limited, Sandur Power Company Private Limited, Ramanagaram Enterprises Private Limited, Himachal Infracon Private Limited, Bajoli Holi Hydropower Private Limited and 5 more, all in the Cleantech industry (Hydro Power).