- Category
- Medium (2023-24)
- Udyam number
- UDYAM-GA-01-0019132

About Agrawal Renewable Energy Private Limited
Data last updated:
Agrawal Renewable Energy Private Limited is a private limited company based in Margao, Goa, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 21 April 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Goa, under CIN U40102GA2011PTC006658. Its GSTIN is 30AAJCA4627K1ZS (Goa). The company holds 9 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹15.9 Cr. It is led by directors including Anirudh Krishnakumar Agrawal (Managing Director) and Krishnakumar Gangadhar Agrawal.
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 Anand Bhavan Old Station Road, Margao, Goa, India – 403601.
As per the financials filed for FY 2025, the company reported a revenue of ₹100.59 Cr, a growth of 70% compared to the previous year. For the same year it recorded a net loss of ₹5.56 Cr (net margin -5.5%) and EBITDA of ₹4.92 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 14% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.5 Cr and satisfied charges of ₹115.89 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending. The company has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.65 Cr; the latest was in March 2016. Its 4 peer companies in the Cleantech industry (Power Equipment Manufacturers, Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 3 smaller; the largest is Azure Power Thirty Seven Private Limited with revenue of ₹100.84 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 4 overdue payments to 3 micro and small suppliers.
Agrawal Renewable Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GA-01-0019132). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agrawalgroupgoa.com.
Company details
Recognitions & Rankings of Agrawal Renewable Energy
Contact details
Agrawal Renewable Energy Private Limited's registered office is in Margao, Goa. Its website is agrawalgroupgoa.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAnand Bhavan Old Station Road, Margao, Goa, India – 403601
- IndustryEnergy and Power, Power EPC, Power Equipment Manufacturers, BoP & BTG Services
To see the full contact details of Agrawal Renewable Energy Private 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 Agrawal Renewable 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 Agrawal Renewable Energy Private Limited, buy the company report.
Financials of Agrawal Renewable Energy Private Limited
FY 2025 filings availableAgrawal Renewable Energy Private Limited reported revenue of ₹100.59 Cr (up 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 70% growth in the latest year. EBITDA fell 55% 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 | ₹4.92 Cr | ||||
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| Net Profit (PAT) | -₹5.56 Cr | ||||
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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 | 4.9% | ||||
| Net Profit Margin | -5.5% | ||||
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To see the full financial statements and ratios of Agrawal Renewable Energy Private Limited, buy the company report.
Board of directors of Agrawal Renewable Energy Private Limited
Agrawal Renewable Energy has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnakumar Gangadhar Agrawal Also directs: Agrawal Minerals (Goa) Private Limited, Aryavaan Pharmaceuticals Private Limited, Agrawal Medicaments Private Limited and 5 more | Director | 21 Apr 2011 | 15 Years 6 Months | Current |
| Anirudh Krishnakumar Agrawal Also directs: Agrawal Minerals (Goa) Private Limited, Aryavaan Pharmaceuticals Private Limited, Agrawal Medicaments Private Limited and 5 more | Managing Director | 21 Apr 2011 | 15 Years 6 Months | Current |
| Anurag Agrawal Also directs: Agrawal Minerals (Goa) Private Limited, Aryavaan Pharmaceuticals Private Limited, Agrawal Medicaments Private Limited and 5 more | Director | 21 Apr 2011 | 15 Years 6 Months | Current |
Peer comparison
Agrawal Renewable Energy Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Power Equipment Manufacturers, Renewable Energy, 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 |
|---|---|---|---|---|---|---|
| Azure Power Thirty Seven Private Limited | ₹100.84 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Agrawal Renewable Energy Private Limitedthis company | ₹100.59 Cr (FY 2025) | -₹5.56 Cr | -5.5% | 70.0% | 37 | Margao, Goa, India |
| Avaada Solarise Energy Private Limited | ₹100.54 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India | |||
| Azure Power Thirty Four Private Limited | ₹100.46 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Hindupur Solar Park Private Limited | ₹100.27 Cr (FY 2025) | -5.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Agrawal Renewable Energy Private Limited, buy the company report.
Auditor
Agrawal Renewable Energy Private Limited is audited by H.K.Aparanji for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H.K.Aparanji | FY 2023 | 000199S |
Shareholding
The shareholding of Agrawal Renewable 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Agrawal Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2017 | 100180863 | Others | ₹11.5 Cr | Open | |
| 30 Jan 2013 | 10404446 | Others | ₹26 Cr | Open | |
| 12 Oct 2022 | 100622755 | Others | ₹4.5 Cr | Satisfied | |
| 16 Jun 2021 | 100457666 | Others | ₹11.25 Cr | Satisfied | |
| 26 Feb 2020 | 100331482 | Others | ₹18.9 Cr | Satisfied |
To see the full charge records of Agrawal Renewable Energy Private Limited, buy the company report.
Total charge records: 10 View all charges
Deals & funding
Agrawal Renewable Energy Private Limited has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.65 Cr; the latest was in March 2016.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Funding round | ₹11 Cr | Investors: 4 individuals |
| Feb 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Dec 2011 | Funding round | ₹4.65 Cr | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Agrawal Renewable Energy Private Limited has 8 court cases on record: 5 filed by Agrawal Renewable Energy, 3 filed against it. 2 cases are pending and 6 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 1 |
| District courts | 3 | 2 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited Through Its Chairman and Managing Direct and 5 others | Disposed |
| District court, Amravati, Maharashtra | Court case (Civil M.A.) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Court case (CAW) | Filed by the company against Joint District Registrar Cum Stamp Collector , Yavatmal | Disposed |
To see the full case history of Agrawal 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
Agrawal Renewable Energy Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 4 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Agrawal Renewable Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Agrawal Renewable Energy Private Limited has a workforce of 37 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 37 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Agrawal Renewable Energy Private Limited, buy the company report.
GST
Agrawal Renewable Energy has 9 GST registrations: 8 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 30AAJCA4627K1ZS | Goa | Active | 01 Jul 2017 |
| 08AAJCA4627K1ZF | Rajasthan | Active | 01 Jul 2017 |
| 23AAJCA4627K1ZN | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAJCA4627K1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agrawal Renewable Energy Private Limited, buy the company report.
Recent activity
Agrawal Renewable Energy Private Limited has 7 board changes on record since 2011: 3 appointments and 4 cessations. The latest: Anirudh Krishnakumar Agrawal ceased to be Director on 01 Feb 2022.
22 earlier events are in the company report.
Frequently asked questions
Agrawal Renewable Energy is an active private limited company based in Margao, Goa, India. The company works in power epc, within the energy and power industry. It was incorporated on 21 April 2011 (15+ years old) and is registered under CIN U40102GA2011PTC006658.
Agrawal Renewable Energy has 3 current directors:
- Anirudh Krishnakumar Agrawal - Managing Director
- Krishnakumar Gangadhar Agrawal - Director
- Anurag Agrawal - Director
The latest financial statements of Agrawal 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 Agrawal Renewable Energy is 30AAJCA4627K1ZS, registered in Goa. The company has 9 GST registrations in all, of which 8 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAJCA4627K1ZF (Rajasthan), 23AAJCA4627K1ZN (Madhya Pradesh), 27AAJCA4627K1ZF (Maharashtra).
The CIN (Corporate Identification Number) of Agrawal Renewable Energy is U40102GA2011PTC006658. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agrawal Renewable Energy has 8 court cases on record: 5 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
Agrawal Renewable Energy was incorporated on 21 April 2011, making it 15+ years old. It is registered with the Registrar of Companies, Goa.
Agrawal Renewable Energy has 4 deals on record (2 secondary share transfers, 2 funding rounds), with disclosed funding of ₹15.65 Cr; the latest was in March 2016.
The peers of Agrawal Renewable Energy by revenue are Azure Power Thirty Seven Private Limited, Avaada Solarise Energy Private Limited, Azure Power Thirty Four Private Limited, Hindupur Solar Park Private Limited, all in the Cleantech industry (Power Equipment Manufacturers, Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Anirudh Krishnakumar Agrawal ceased to be Director on 01 Feb 2022. Anurag Agrawal ceased to be Director on 31 Jan 2022. Krishnakumar Gangadhar Agrawal ceased to be Director on 31 Jan 2022. Agrawal Renewable Energy has 7 board changes on record in total.
Yes, Agrawal Renewable Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-GA-01-0019132).
Agrawal Renewable Energy has 3 MSME Form 1 returns on record between 2023 and 2024, listing 4 overdue payments to 3 micro and small suppliers. The latest return was filed on 30 Apr 2024.

