About Aditya Birla Renewables Subsidiary Limited
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Aditya Birla Renewables Subsidiary 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 08 May 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2018PLC309087. Its GSTIN is 27AAQCA8778A1Z9 (Maharashtra). The company holds 6 GST registrations, all of them active.
The company has an authorised share capital of ₹550 Cr and a paid-up capital of ₹373.06 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 – 4 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 ₹14.98 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹3.69 Cr (net margin -24.6%) and EBITDA of ₹8.13 Cr (EBITDA margin 54.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹2,291.81 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in August 2019. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Bidar Solar Power Private Limited with revenue of ₹15.12 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 micro and small suppliers.
For more details, the company can be reached via its website adityabirla.com.
Company details
Contact details
Aditya Birla Renewables Subsidiary 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 – 4 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 Subsidiary 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 Subsidiary 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 Subsidiary Limited, buy the company report.
Financials of Aditya Birla Renewables Subsidiary Limited
FY 2025 filings availableAditya Birla Renewables Subsidiary Limited reported revenue of ₹14.98 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 1% growth in the latest year. EBITDA fell 33% 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 |
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| EBITDA | ₹8.13 Cr | ||||
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| Net Profit (PAT) | -₹3.69 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 54.3% | ||||
| Net Profit Margin | -24.6% | ||||
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To see the full financial statements and ratios of Aditya Birla Renewables Subsidiary Limited, buy the company report.
Board of directors of Aditya Birla Renewables Subsidiary Limited
Aditya Birla Renewables Subsidiary has 4 current directors and 13 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 | 01 Feb 2021 | 5 Years 8 Months | Current |
| Pavan Kumar Jain Also directs: Aditya Birla Renewables Energy Limited, Aditya Birla Renewables Solar Limited, Abrel Century Energy Limited and 2 more | Director | 08 May 2018 | 8 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 8 Months | Current |
| Sanjay Kumar Patra Also directs: Aditya Birla Renewables SPV 1 Limited, Palace Solar Energy Private Limited, Abrel Century Energy Limited and 5 more | Director | 02 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Aditya Birla Renewables Subsidiary Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Bidar Solar Power Private Limited | ₹15.12 Cr (FY 2025) | 9.0% | Hyderabad, Telangana, India | |||
| Stalwart Solar Energy Promoters Private Limited | ₹15.11 Cr (FY 2024) | -46.0% | Sankari, Tamil Nadu, India | |||
| Nokor Solar Energy Private Limited | ₹14.98 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Aditya Birla Renewables Subsidiary Limitedthis company | ₹14.98 Cr (FY 2025) | -₹3.69 Cr | -24.6% | 1.0% | Mumbai, Maharashtra, India | |
| Solarcraft Renew Private Limited | ₹14.92 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Devishi Solar Power Private Limited | ₹14.72 Cr (FY 2025) | 17.0% | Gurgaon, Haryana, India | |||
| Rfe Belgaum Solar Private Limited | ₹14.71 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Madhav Renewables Private Limited | ₹14.64 Cr (FY 2025) | 4.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Aditya Birla Renewables Subsidiary Limited, buy the company report.
Auditor
Aditya Birla Renewables Subsidiary Limited is audited by KKC & Associates LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KKC & Associates LLP | FY 2024 | 105146W/W100621 |
Shareholding
The shareholding of Aditya Birla Renewables Subsidiary Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Aditya Birla Renewables Subsidiary Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Mar 2025 | 101070308 | Others | ₹2,131.21 Cr | Open | |
| 29 Jul 2019 | 100281283 | Others | ₹60 Cr | Open | |
| 08 Aug 2018 | 100199887 | Others | ₹100.6 Cr | Open |
Total charge records: 3 View all charges
Deals & funding
Aditya Birla Renewables Subsidiary Limited has 1 deal on record (1 rights issue); the latest was in August 2019.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Rights issue | ₹4.44 Cr | Investors: Aditya Birla Renewables Limited , Hindalco Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Aditya Birla Renewables Subsidiary 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 Subsidiary Limited was last rated by Crisil on 09 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 09 Oct 2019 |
To see the full credit ratings and regulatory alerts of Aditya Birla Renewables Subsidiary Limited, buy the company report.
MSME payment delays
Aditya Birla Renewables Subsidiary Limited has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Green Field Solar Solution Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Aditya Birla Renewables Subsidiary Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Aditya Birla Renewables Subsidiary has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA8778A1Z9 | Maharashtra | Active | 19 Jun 2018 |
| 27AAQCA8778A2Z8 | Maharashtra | Active | 11 Feb 2025 |
| 21AAQCA8778A1ZL | Odisha | Active | 26 Jun 2018 |
| 22AAQCA8778A1ZJ | Chattisgarh | Active | 07 Jun 2019 |
To see the full GST registrations and return filing status of Aditya Birla Renewables Subsidiary Limited, buy the company report.
Recent activity
Aditya Birla Renewables Subsidiary Limited has 15 board changes on record since 2018: 5 appointments and 10 cessations. The latest: Suvendu Mohanty ceased to be Manager on 08 Nov 2024.
9 earlier events are in the company report.
News
Frequently asked questions
Aditya Birla Renewables Subsidiary 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 08 May 2018 (8+ years old) and is registered under CIN U40108MH2018PLC309087.
Aditya Birla Renewables Subsidiary has 4 current directors:
- Subhash Chandra Bhargava - Director
- Pavan Kumar Jain - Director
- Piyush Maheshwari - Director
- Sanjay Kumar Patra - Director
The latest financial statements of Aditya Birla Renewables Subsidiary 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 2019 are in the company report.
The GSTIN of Aditya Birla Renewables Subsidiary is 27AAQCA8778A1Z9, registered in Maharashtra. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 27AAQCA8778A2Z8 (Maharashtra), 21AAQCA8778A1ZL (Odisha), 22AAQCA8778A1ZJ (Chattisgarh).
The CIN (Corporate Identification Number) of Aditya Birla Renewables Subsidiary is U40108MH2018PLC309087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aditya Birla Renewables Subsidiary was incorporated on 08 May 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Aditya Birla Renewables Subsidiary has 1 deal on record (1 rights issue); the latest was in August 2019.
The peers of Aditya Birla Renewables Subsidiary by revenue are Bidar Solar Power Private Limited, Stalwart Solar Energy Promoters Private Limited, Nokor Solar Energy Private Limited, Solarcraft Renew Private Limited, Devishi Solar Power Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Suvendu Mohanty ceased to be Manager on 08 Nov 2024. Sanjay Kumar Patra ceased to be Additional Director on 29 Jul 2024. Sanjay Kumar Patra was appointed as Director on 02 May 2024. Aditya Birla Renewables Subsidiary has 15 board changes on record in total.
Aditya Birla Renewables Subsidiary has 1 MSME Form 1 return on record for the period ending Mar 2023, listing 2 overdue payments to 2 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Aditya Birla Renewables Subsidiary can be reached through the website adityabirla.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Aditya Birla Renewables Subsidiary is at A – 4 Aditya Birla Centre S. K. Ahire Marg Worli, Mumbai, Maharashtra, India – 400030.