About Atul Clean Energy Limited
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Atul Clean Energy Limited is a public limited company based in Valsad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2010PLC059498.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Atul Clean Energy Private Limited and Atul Solar Private Limited. It is led by directors including Rohit Rashikbhai Joshi and Ajay Ramanlal Motee.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at E – 7 Post Atul, Valsad, Gujarat, India – 396020.
As per the financials filed for FY 2026, the company reported a revenue of ₹67,090. For the same year it recorded a net profit of ₹31,430 (net margin 46.8%) and EBITDA of ₹42,000 (EBITDA margin 62.6%). Revenue has grown at a compounded annual rate (CAGR) of 70% over three years and 40% over five years.
The company is associated with 1 brand: Atul.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atul.co.in.
Company details
Name history
Atul Clean Energy has undergone 2 name changes throughout its history. The company was previously known as Atul Clean Energy Private Limited, and Atul Solar Private Limited. The current legal name is Atul Clean Energy Limited.
| Company Name | Status |
|---|---|
| Atul Clean Energy Limited | Current |
| Atul Clean Energy Private Limited | Previous |
| Atul Solar Private Limited | Previous |
CIN history
Atul Clean Energy has one previous CIN (Corporate Identification Number): U40106GJ2010PTC059498. The current CIN is U40106GJ2010PLC059498, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106GJ2010PLC059498 | Current |
| U40106GJ2010PTC059498 | Previous |
Contact details
Atul Clean Energy Limited's registered office is in Valsad, Gujarat. Its website is atul.co.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressE – 7 Post Atul, Valsad, Gujarat, India – 396020
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Atul Clean Energy 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
Brands
Atul Clean Energy operates one associated brand: Atul. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Fine chemicals are manufactured by Atul in Ahmedabad, India. | atul.co.in |
Financials of Atul Clean Energy Limited
FY 2026 filings availableAtul Clean Energy Limited reported revenue of ₹67,090 for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years. EBITDA fell 14% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹67,090 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹42,000 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹31,430 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Investments | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.6% | ||||
| Net Profit Margin | 46.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Atul Clean Energy Limited, buy the company report.
Board of directors of Atul Clean Energy Limited
Atul Clean Energy has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Rashikbhai Joshi | Director | 03 Oct 2022 | 4 Years 1 Months | Current |
| Ajay Ramanlal Motee | Director | 16 Dec 2014 | 11 Years 10 Months | Current |
| Dharmendra Nathusinh Parmar | Additional Director | 24 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Atul Clean Energy Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| HPL Projects Portfolio Private Limited | ₹72,000 (FY 2017) | Kasauli, Himachal Pradesh, India | ||||
| Olitec Solar Private Limited | ₹70,337 (FY 2025) | Chengalpattu, Tamil Nadu, India | ||||
| Evergreen Solar Systems India Private Limited | ₹69,225 (FY 2025) | 5.0% | Tirupur, Tamil Nadu, India | |||
| Universal Phi Private Limited | ₹68,755 (FY 2024) | -95.0% | Erode, Tamil Nadu, India | |||
| Atul Clean Energy Limitedthis company | ₹67,090 (FY 2026) | ₹31,430 | 46.8% | Valsad, Gujarat, India | ||
| Vishmayaa Energy Private Limited | ₹66,847 (FY 2025) | Tiruppur, Tamil Nadu, India | ||||
| Jai Rupana Dham Powers Private Limited | ₹66,439 (FY 2020) | -10.0% | Jaipur, Rajasthan, India | |||
| Technocrat-Busway Systems Private Limited | ₹66,010 (FY 2025) | 217.0% | Nashik, Maharashtra, India | |||
| Bubeck Systems Private Limited | ₹65,657 (FY 2024) | Greater Noida, Uttar Pradesh, India | ||||
| Blublinks Systems Private Limited | ₹65,214 (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Aster Electrical Private Limited | ₹64,419 (FY 2017) | -99.0% | New Delhi, Delhi, India |
To see the full peer comparison of Atul Clean Energy Limited, buy the company report.
Auditor
Atul Clean Energy Limited is audited by GHANSHYAM PAREKH & CO for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GHANSHYAM PAREKH & CO | FY 2026 | 131167W |
Shareholding
The shareholding of Atul Clean Energy Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Atul Clean Energy Limited, buy the company report.
Legal cases
No court or tribunal cases involving Atul Clean Energy Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Atul Clean Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Atul Clean Energy has 2 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Atul Clean Energy Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Atul Clean Energy Limited has 8 board changes on record since 2014: 3 appointments and 5 cessations. The latest: Dharmendra Nathusinh Parmar was appointed as Additional Director on 24 May 2025.
News
Frequently asked questions
Atul Clean Energy is an active public limited company based in Valsad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 February 2010 (16+ years old) and is registered under CIN U40106GJ2010PLC059498.
Atul Clean Energy has 3 current directors:
- Rohit Rashikbhai Joshi - Director
- Ajay Ramanlal Motee - Director
- Dharmendra Nathusinh Parmar - Additional Director
The latest financial statements of Atul Clean Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Atul Clean Energy is U40106GJ2010PLC059498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Atul Clean Energy was incorporated on 09 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Atul Clean Energy by revenue are HPL Projects Portfolio Private Limited, Olitec Solar Private Limited, Evergreen Solar Systems India Private Limited, Universal Phi Private Limited, Vishmayaa Energy Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Dharmendra Nathusinh Parmar was appointed as Additional Director on 24 May 2025. Rohit Rashikbhai Joshi ceased to be Additional Director on 06 Aug 2023. Ajitsingh Mohindersingh Batra ceased to be Director on 03 Oct 2022. Atul Clean Energy has 8 board changes on record in total.
Atul Clean Energy can be reached through the website atul.co.in. Its registered office is in Valsad, Gujarat, India.
The registered office of Atul Clean Energy is at E – 7 Post Atul, Valsad, Gujarat, India – 396020.
Atul Clean Energy operates in the energy and power industry, in the power equipment manufacturers segment.
The compliance status of Atul Clean Energy is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
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