MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0046544
Advik Renewable Energy Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.35 Cr
▼ 24% YoY
Net profit · FY 2025
₹49.06 Lakh
Net margin 36.4%
EBITDA · FY 2025
₹64.43 Lakh
EBITDA margin 47.8%
Authorised capital
₹5.5 Cr
Registered with MCA
Paid-up capital
₹5.46 Cr
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Advik Renewable Energy Private Limited
Data last updated:
Advik Renewable Energy Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Advik Tecnocommercial Private Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 28 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74110PN2013PTC173435. Its GSTIN is 27AAMCA4178L1Z4 (Maharashtra).
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹5.46 Cr. It was formerly known as Advik Homes Private Limited. It is led by directors including Aditya Bhartia and Amol Dagwade.
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 Office 601 B Zone Baner S No 36/1/1/1(P) 35/2/1 Pune City Pune(Cb), Maharashtra, India – 411045.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net profit of ₹49.06 Lakh (net margin 36.4%) and EBITDA of ₹64.43 Lakh (EBITDA margin 47.8%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 13% over five years.
Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it.
Advik Renewable Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0046544). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website advik.co.in.
Company details
CIN U74110PN2013PTC173435
Registration Number 173435
Incorporation Date 28 November 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Advik Tecnocommercial Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0046544
CIN history
Advik Renewable Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74110PN2013PTC173435, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110PN2013PTC173435 | Current |
| U74110HR2013PTC051111 | Previous |
| U45400HR2013PTC051111 | Previous |
Recognitions & Rankings of Advik Renewable Energy
Contact details
Advik Renewable Energy Private Limited's registered office is in Pune, Maharashtra. Its website is advik.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOffice 601 B Zone Baner S No 36/1/1/1(P) 35/2/1 Pune City Pune(Cb), Maharashtra, India – 411045
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Advik Renewable Energy Private Limited, buy the company report.
Comprehensive company report
Advik Renewable 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Advik Renewable Energy is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Advik Renewable Energy Private Limited, buy the company report.
Financials of Advik Renewable Energy Private Limited
FY 2025 filings availableAdvik Renewable Energy Private Limited reported revenue of ₹1.35 Cr (down 24% YoY) for FY 2025.
Revenue · FY 2025
₹1.35 Cr ▼ 24%
Net profit · FY 2025
₹49.06 Lakh margin 36.4%
EBITDA · FY 2025
₹64.43 Lakh margin 47.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 15%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 48%
3 years · compounded
▲ 56%
5 years · compounded
▲ 29%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 24% fall in the latest year. EBITDA fell 48% 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 | ₹64.43 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.06 Lakh | ||||
| 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 | 47.8% | ||||
| Net Profit Margin | 36.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Advik Renewable Energy Private Limited, buy the company report.
Board of directors of Advik Renewable Energy Private Limited
Advik Renewable Energy has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aditya Bhartia Also directs: Advik Precision Private Limited, Advik Energy Private Limited, Advik Autocomp Private Limited and 3 more | Director | 28 Nov 2013 | 12 Years 11 Months | Current |
| Amol Dagwade Also directs: Advik Precision Private Limited, Advik Energy Private Limited, Advik Tecnocommercial Private Limited and 2 more | Director | 10 Feb 2020 | 6 Years 8 Months | Current |
| Payal Aditya Bhartia Also directs: Advik Precision Private Limited | Director | 28 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Advik Renewable Energy Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Renewable Energy, Transmission and Distribution), with the same principal business activity (electricity, gas, steam and air conditioning supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GTB Global Powers Private Limited | ₹1.37 Cr (FY 2025) | 557.0% | Chennai, Tamil Nadu, India | |||
| Scald Energy Private Limited | ₹1.36 Cr (FY 2024) | 3.0% | Bangalore, Karnataka, India | |||
| Advik Renewable Energy Private Limitedthis company | ₹1.35 Cr (FY 2025) | ₹49.06 Lakh | 36.4% | -24.0% | Pune, Maharashtra, India | |
| Codegreen Energy Private Limited | ₹1.34 Cr (FY 2022) | 15.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Advik Renewable Energy Private Limited, buy the company report.
Auditor
Advik Renewable Energy Private Limited is audited by SHARAD SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARAD SHAH & CO | FY 2022 | 109931W |
Shareholding
The shareholding of Advik Renewable Energy Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Advik Renewable Energy Private Limited, buy the company report.
Legal cases
Advik Renewable Energy Private Limited has 6 court cases on record: 2 filed by Advik Renewable Energy, 4 filed against it. All cases are disposed.
Total cases
6
Filed by the company
2
Filed against the company
4
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Commercial suit | Filed against the company by Lic Housing Finance Limited | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Court case (Original Suit) | Filed against the company by an individual | Disposed |
| District court, Ghaziabad, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| High Court, UTTARPRADESH | Court case (FAFO) | Filed by the company against an individual | Disposed |
| High Court, UTTARPRADESH | Court case (A227) | Filed by the company against an individual | Disposed |
To see the full case history of Advik Renewable 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 Advik Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Advik Renewable Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCA4178L1Z4 | Maharashtra | Active | 03 May 2018 |
To see the full GST registrations and return filing status of Advik Renewable Energy Private Limited, buy the company report.
Recent activity
Advik Renewable Energy Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Sandesh Chandrakant Ugare ceased to be Director on 22 Jul 2024.
AGM
Advik Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Advik Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Sandesh Chandrakant Ugare ceased to be Director.
Appointed
Amol Dagwade was appointed as Director.
Appointed
Aditya Bhartia was appointed as Director.
Appointed
Payal Aditya Bhartia was appointed as Director.
Incorporation
28 Nov 2013
Advik Renewable Energy Private Limited was registered on 28 Nov 2013 with Roc Pune & aged 12 years 11 months as per MCA records.
News
Frequently asked questions
Advik Renewable Energy is an active private limited company based in Pune, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 28 November 2013 (13+ years old) and is registered under CIN U74110PN2013PTC173435.
Advik Renewable Energy has 3 current directors:
- Aditya Bhartia - Director
- Amol Dagwade - Director
- Payal Aditya Bhartia - Director
The latest financial statements of Advik Renewable 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 Advik Renewable Energy is 27AAMCA4178L1Z4, registered in Maharashtra.
The CIN (Corporate Identification Number) of Advik Renewable Energy is U74110PN2013PTC173435. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Advik Renewable Energy has 6 court cases on record: 2 filed by the company and 4 filed against it. Most are in the district courts.
Advik Renewable Energy was incorporated on 28 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Advik Renewable Energy by revenue are GTB Global Powers Private Limited, Scald Energy Private Limited, Codegreen Energy Private Limited, all in the Power industry (Renewable Energy, Transmission and Distribution), with the same principal business activity (electricity, gas, steam and air conditioning supply).
Sandesh Chandrakant Ugare ceased to be Director on 22 Jul 2024. Amol Dagwade was appointed as Director on 10 Feb 2020. Aditya Bhartia was appointed as Director on 28 Nov 2013. Advik Renewable Energy has 4 board changes on record in total.
Yes, Advik Renewable Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0046544).
Advik Renewable Energy can be reached through the website advik.co.in. Its registered office is in Pune, Maharashtra, India.
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.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages