India's Richest People 2026 edition · 1 director · Source: Hurun India
- #425 Sudhir V Valia & family ₹8,800 Cr
Aditya Thermal Energy Private Limited
Aditya Thermal Energy Private Limited - energy and power in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Active Private Limited Company energy and power
Revenue · FY 2025
₹1.48 Lakh
▼ 100% YoY
Net profit · FY 2025
₹3,000
Net margin 2%
EBITDA · FY 2025
₹3,000
EBITDA margin 2%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹68 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Aditya Thermal Energy Private Limited
Data last updated:
Aditya Thermal Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Shanghvi Finance Private Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 17 July 2009 and has been in existence for over 17 years.
Its director Sudhir V Valia and family are #425 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40102MH2009PTC194161. Its GSTIN is 27AAHCA8615M1Z9 (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹68 Lakh. It is led by directors Sudhir Vrundavandas Valia and Karishma Aalok Shanghvi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at F.P.145 Ram Mandir Road Gurukul Co – Op. Hsg Socy Ltd. Third Floor Vile Parle (East), Mumbai, Maharashtra, India – 400057.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.48 Lakh, a decline of 100% compared to the previous year. For the same year it recorded a net profit of ₹3,000 (net margin 2%) and EBITDA of ₹3,000 (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years and 69% over five years.
Its group structure includes 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40102MH2009PTC194161
Registration Number 194161
Incorporation Date 17 July 2009
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Shanghvi Finance Private Limited
Compliance Status Active Compliant
Recognitions & Rankings of Aditya Thermal Energy
Contact details
Aditya Thermal Energy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF.P.145 Ram Mandir Road Gurukul Co – Op. Hsg Socy Ltd. Third Floor Vile Parle (East), Mumbai, Maharashtra, India – 400057
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of Aditya Thermal Energy Private Limited, buy the company report.
Comprehensive company report
Aditya Thermal Energy Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Aditya Thermal Energy 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 Thermal Energy Private Limited, buy the company report.
Financials of Aditya Thermal Energy Private Limited
FY 2025 filings availableAditya Thermal Energy Private Limited reported revenue of ₹1.48 Lakh (down 100% YoY) for FY 2025.
Revenue · FY 2025
₹1.48 Lakh ▼ 100%
Net profit · FY 2025
₹3,000 margin 2%
EBITDA · FY 2025
₹3,000 margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▼ 87%
5 years · compounded
▼ 69%
EBITDA CAGR growth
1 year
▼ 100%
3 years · compounded
▼ 96%
5 years · compounded
▼ 86%
Revenue has declined at a compounded annual rate (CAGR) of 69% over five years. EBITDA fell 100% 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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| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹3,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3,000 | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Thermal Energy Private Limited, buy the company report.
Board of directors of Aditya Thermal Energy Private Limited
Aditya Thermal Energy has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudhir Vrundavandas Valia | Director | 08 Apr 2015 | 11 Years 7 Months | Current |
| Karishma Aalok Shanghvi | Director | 22 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Aditya Thermal Energy Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Thermal Power Plants), 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 |
|---|---|---|---|---|---|---|
| SJVN Thermal Private Limited | ₹2 Lakh (FY 2025) | Chausa, Bihar, India | ||||
| Gayatri Energy Ventures Private Limited | ₹1.61 Lakh (FY 2022) | 600.0% | Hyderabad, Telangana, India | |||
| Aditya Thermal Energy Private Limitedthis company | ₹1.48 Lakh (FY 2025) | ₹3,000 | 2% | -100.0% | Mumbai, Maharashtra, India | |
| Kaizen Power Limited | ₹1.39 Lakh (FY 2017) | 1.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Aditya Thermal Energy Private Limited, buy the company report.
Auditor
Aditya Thermal Energy Private Limited is audited by Jignesh Goradia & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jignesh Goradia & Associates | FY 2022 | 114719W |
Shareholding
The shareholding of Aditya Thermal Energy Private 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Aditya Thermal Energy Private Limited, buy the company report.
Legal cases
Aditya Thermal Energy Private Limited has 2 court cases on record: 2 filed by Aditya Thermal Energy. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CSP) | Filed by the company | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Aditya Thermal Energy Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aditya Thermal Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Aditya Thermal Energy has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Aditya Clean Power Ventures Private Limited | U74999MH2015PTC261337 |
To see the full group structure of Aditya Thermal Energy Private Limited, buy the company report.
GST
Aditya Thermal Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCA8615M1Z9 | Maharashtra | Active | 08 Apr 2023 |
To see the full GST registrations and return filing status of Aditya Thermal Energy Private Limited, buy the company report.
Recent activity
Aditya Thermal Energy Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Karishma Aalok Shanghvi ceased to be Additional Director on 30 Sep 2015.
AGM
Aditya Thermal Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aditya Thermal Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Karishma Aalok Shanghvi ceased to be Additional Director.
Ceased
Dilip Shantilal Shanghvi ceased to be Director.
Appointed
Sudhir Vrundavandas Valia was appointed as Director.
Ceased
Sudhir Vrundavandas Valia ceased to be Director.
Appointed
Karishma Aalok Shanghvi was appointed as Director.
Ceased
Vijay Mohanlal Parekh ceased to be Director.
Incorporation
17 Jul 2009
Aditya Thermal Energy Private Limited was registered on 17 Jul 2009 with Roc Mumbai & aged 17 years 3 months as per MCA records.
Frequently asked questions
Aditya Thermal Energy is an active private limited company based in Mumbai, Maharashtra, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 17 July 2009 (17+ years old) and is registered under CIN U40102MH2009PTC194161.
Aditya Thermal Energy has 2 current directors:
- Sudhir Vrundavandas Valia - Director
- Karishma Aalok Shanghvi - Director
The latest financial statements of Aditya Thermal Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Aditya Thermal Energy is 27AAHCA8615M1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aditya Thermal Energy is U40102MH2009PTC194161. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aditya Thermal Energy has 2 court cases on record: 2 filed by the company.
Aditya Thermal Energy was incorporated on 17 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Aditya Thermal Energy by revenue are SJVN Thermal Private Limited, Gayatri Energy Ventures Private Limited, Kaizen Power Limited, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Karishma Aalok Shanghvi ceased to be Additional Director on 30 Sep 2015. Dilip Shantilal Shanghvi ceased to be Director on 09 Apr 2015. Sudhir Vrundavandas Valia was appointed as Director on 08 Apr 2015. Aditya Thermal Energy has 6 board changes on record in total.
The registered office of Aditya Thermal Energy is at F.P.145 Ram Mandir Road Gurukul Co – Op. Hsg Socy Ltd. Third Floor Vile Parle East, Mumbai, Maharashtra, India – 400057.
Aditya Thermal Energy operates in the energy and power industry, in the thermal power generation and plants segment.
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