About Aditya Birla Renewables Solar Limited
Data last updated:
Aditya Birla Renewables Solar 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 10 April 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2020PLC339323. Its GSTIN is 27AATCA4320R1Z1 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹190 Cr and a paid-up capital of ₹158.5 Cr. It is led by directors including Subhash Chandra Bhargava and Pavan Kumar Jain.
Its last annual general meeting (AGM) was held on 12 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 ₹81.99 Cr, a growth of 83% compared to the previous year. For the same year it recorded a net loss of ₹14.21 Cr (net margin -17.3%) and EBITDA of ₹65.18 Cr (EBITDA margin 79.5%). Revenue has grown at a compounded annual rate (CAGR) of 116% over three years.
As per MCA filings, the company has open charges of ₹693.74 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website adityabirla.com.
Company details
Contact details
Aditya Birla Renewables Solar Limited's registered office is in Mumbai, Maharashtra. Its website is adityabirla.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 2 Aditya Birla Centre S. K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Aditya Birla Renewables 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
Business activity
The main business activity of Aditya Birla Renewables Solar 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 Aditya Birla Renewables Solar Limited, buy the company report.
Financials of Aditya Birla Renewables Solar Limited
FY 2025 filings availableAditya Birla Renewables Solar Limited reported revenue of ₹81.99 Cr (up 83% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 116% over three years, including 83% growth in the latest year. EBITDA rose 99% 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 |
|---|---|---|---|---|---|
| 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 | ₹65.18 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.21 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79.5% | ||||
| Net Profit Margin | -17.3% | ||||
| 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 | |||||
To see the full financial statements and ratios of Aditya Birla Renewables Solar Limited, buy the company report.
Board of directors of Aditya Birla Renewables Solar Limited
Aditya Birla Renewables Solar has 5 current directors and 6 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, Abrel (RJ) Projects Limited, Aditya Birla Renewables Energy Limited and 3 more | Director | 12 Aug 2021 | 5 Years 2 Months | Current |
| Pavan Kumar Jain Also directs: Aditya Birla Renewables Energy Limited, Abrel Century Energy Limited, Aditya Birla Renewables Subsidiary Limited and 2 more | Director | 10 Apr 2020 | 6 Years 6 Months | Current |
| Vijay Kumar Agarwal | Director | 12 Aug 2021 | 5 Years 2 Months | Current |
| Archana Maru Also directs: Abrel (RJ) Projects Limited, Aditya Birla Renewables Energy Limited, Abrel SPV 2 Limited and 3 more | Director | 10 May 2024 | 2 Years 5 Months | Current |
| Piyush Maheshwari Also directs: Aditya Birla Renewables SPV 1 Limited, Aditya Birla Renewables Energy Limited, Palace Solar Energy Private Limited and 5 more | Director | 01 Feb 2024 | 2 Years 9 Months | Current |
Peer comparison
Aditya Birla Renewables Solar Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mihit Solar Power Private Limited | ₹84.25 Cr (FY 2025) | 1.0% | Gurgaon, Haryana, India | |||
| Hindustan Powerprojects Private Limited | ₹83.62 Cr (FY 2024) | 395.0% | New Delhi, Delhi, India | |||
| Inox Clean Energy Limited | ₹82.15 Cr (FY 2025) | 235.0% | Vadodara, Gujarat, India | |||
| Aditya Birla Renewables Solar Limitedthis company | ₹81.99 Cr (FY 2025) | -₹14.21 Cr | -17.3% | 83.0% | Mumbai, Maharashtra, India | |
| Atlanta Power Private Limited | ₹79.51 Cr (FY 2024) | 168.0% | Satara, Maharashtra, India |
To see the full peer comparison of Aditya Birla Renewables Solar Limited, buy the company report.
Auditor
Aditya Birla Renewables Solar Limited is audited by KKC & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP | FY 2023 | 105146W/W100621 |
Shareholding
The shareholding of Aditya Birla Renewables Solar Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Aditya Birla Renewables Solar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 May 2025 | 101098698 | Others | ₹200 Cr | Open | |
| 07 Jan 2025 | 101040149 | Others | ₹91 Cr | Open | |
| 14 Sep 2022 | 100611206 | Others | ₹275 Cr | Open | |
| 29 Sep 2021 | 100488660 | Others | ₹22 Cr | Open | |
| 15 Sep 2021 | 100487652 | Axis Bank Limited | ₹21.02 Cr | Open |
To see the full charge records of Aditya Birla Renewables Solar Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Aditya Birla Renewables Solar Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Aditya Birla Renewables Solar Limited was last rated by Icra on 20 Jul 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Jul 2021 |
To see the full credit ratings and regulatory alerts of Aditya Birla Renewables Solar Limited, buy the company report.
MSME payment delays
Aditya Birla Renewables Solar Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 9 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| As Power Infra Private Limited | |||
| Eastern Light and Power Private Limited | |||
| Addwatt Power Solutions Limited | |||
| Essens Renewable Private Limited | |||
| Tuv India P Ltd |
To see the full MSME payment records of Aditya Birla Renewables Solar Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aditya Birla Renewables Solar Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Aditya Birla Renewables Solar has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA4320R1Z1 | Maharashtra | Active | 06 Jun 2020 |
| 23AATCA4320R1Z9 | Madhya Pradesh | Active | 22 Jun 2020 |
| 09AATCA4320R1ZZ | Uttar Pradesh | Active | 15 Apr 2021 |
To see the full GST registrations and return filing status of Aditya Birla Renewables Solar Limited, buy the company report.
Recent activity
Aditya Birla Renewables Solar Limited has 13 board changes on record since 2020: 9 appointments and 4 cessations. The latest: Archana Maru was appointed as Director on 10 May 2024.
12 earlier events are in the company report.
News
Frequently asked questions
Aditya Birla Renewables 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 10 April 2020 (6+ years old) and is registered under CIN U40106MH2020PLC339323.
Aditya Birla Renewables Solar has 5 current directors:
- Subhash Chandra Bhargava - Director
- Pavan Kumar Jain - Director
- Vijay Kumar Agarwal - Director
- Archana Maru - Director
- Piyush Maheshwari - Director
The latest financial statements of Aditya Birla Renewables Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Aditya Birla Renewables Solar is 27AATCA4320R1Z1, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 23AATCA4320R1Z9 (Madhya Pradesh), 09AATCA4320R1ZZ (Uttar Pradesh).
The CIN (Corporate Identification Number) of Aditya Birla Renewables Solar is U40106MH2020PLC339323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aditya Birla Renewables Solar was incorporated on 10 April 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aditya Birla Renewables Solar by revenue are Mihit Solar Power Private Limited, Hindustan Powerprojects Private Limited, Inox Clean Energy Limited, Atlanta Power Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Archana Maru was appointed as Director on 10 May 2024. Piyush Maheshwari was appointed as Director on 01 Feb 2024. Pawan Kumar Jain ceased to be Director on 31 Jan 2024. Aditya Birla Renewables Solar has 13 board changes on record in total.
Aditya Birla Renewables Solar has 3 MSME Form 1 returns on record between 2022 and 2023, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 26 Oct 2023.
Aditya Birla Renewables Solar can be reached through the website adityabirla.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aditya Birla Renewables Solar is at A – 2 Aditya Birla Centre S. K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.
Aditya Birla Renewables Solar operates in the environment industry, in the solar energy solutions segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
