About Azure Green Tech Private Limited
Data last updated:
Azure Green Tech Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Azure Power India Private Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 07 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U35105DL2012PTC237073. Its GSTIN is 08AAKCA9179P1ZN (Rajasthan). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5.64 Lakh. It is led by directors Vikrant Krishan Mahajan and Sachin Bali.
Its last annual general meeting (AGM) was held on 29 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Dsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.83 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹27 Cr (net margin 47.5%) and EBITDA of ₹50.85 Cr (EBITDA margin 89.5%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company is associated with 1 brand: Azure Power. As per MCA filings, the company has open charges of ₹265.47 Cr and satisfied charges of ₹600.31 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending. The company has 1 deal on record (1 acquisition); the latest was in March 2014. Its 10 peer companies in the Infrastructure industry (Power Projects) are compared by revenue, 5 larger and 5 smaller; the largest is Solenco Infra Private Limited with revenue of ₹62.35 Cr. The company has 14 MSME Form 1 returns on record between 2018 and 2024, listing 25 overdue payments to 10 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website azurepower.com.
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- Social Media
- Registered AddressDsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
- 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
- One PDF report, delivered after checkout
Business Activity of Azure Green Tech Private Limited
The main business activity of Azure Green Tech is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Azure Green Tech Private Limited FY 2025 filings available
Azure Green Tech Private Limited reported revenue of ₹56.83 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Azure Green Tech Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 9% growth in the latest year. EBITDA rose 6% 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 of Azure Green Tech Private Limited
| 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 | ₹50.85 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27 Cr | •••• | •••• | •••• | •••• |
| 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 of Azure Green Tech Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 89.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 47.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Azure Green Tech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Azure Green Tech Private Limited
Azure Green Tech Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solenco Infra Private Limited | ₹62.35 Cr (FY 2025) | •••• | •••• | 1053.0% | •••• | Mumbai, Maharashtra, India |
| Am Green Ammonia (India) Private Limited | ₹61.92 Cr (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Fujin Wind Parks Private Limited | ₹59.53 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| Electryone Power Private Limited | ₹59.1 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Kolkata, West Bengal, India |
| Solitaire BTN Solar Private Limited | ₹59.02 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Azure Green Tech Private Limited this company | ₹56.83 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Nigla Infrastructure & Power Projects Private Limited | ₹56.72 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Itanagar, Arunachal Pradesh, India |
| Brightspark Energy Private Limited | ₹56.48 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | New Delhi, Delhi, India |
| Adani Renewable Energy Devco Private Limited | ₹56.21 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Sprng Ujjvala Energy Private Limited | ₹55.12 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Divine Solren Private Limited | ₹54.66 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Azure Green Tech by revenue in the Infrastructure industry (Power Projects), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Azure Green Tech Private Limited
Azure Green Tech has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Krishan Mahajan | Director | 09 Aug 2024 | 2 Years 2 Months | Current |
| Sachin Bali Also directs: Azure Power (Karnataka) Private Limited, Azure Energy Transition Private Limited, Azure Green Hydrogen Private Limited and 5 more | Additional Director | 21 Jul 2025 | 1 Years 2 Months | Current |
Charges & Borrowings of Azure Green Tech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2018 | Others | ₹177.47 Cr | Open |
| 04 Sep 2015 | Sbicap Trustee Company Limited | ₹88 Cr | Open |
| 03 Sep 2019 | Others | ₹169 Cr | Satisfied |
| 06 Sep 2018 | Others | ₹195 Cr | Satisfied |
| 30 Oct 2014 | Central Bank of India | ₹130.63 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Azure Green Tech Private Limited
Azure Green Tech Private Limited has 1 deal on record (1 acquisition); the latest was in March 2014.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2014 | Acquisition | ₹70.58 Cr | Buyer: Azure Power India Private Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Azure Green Tech Private Limited
Azure Green Tech Private Limited has 1 court case on record: 1 filed by Azure Green Tech. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax, Circle 1(1) Delhi & Ors | Pending |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Azure Green Tech Private Limited
Azure Green Tech Private Limited has 14 MSME Form 1 returns on record between 2018 and 2024, listing 25 overdue payments to 10 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 (5 of 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Param Renewable Energy Private Limited | •••• | •••• | •••• |
| SRS Shield Private Limited | •••• | •••• | •••• |
| Pentagon Tech Fusion Services Private Limited | •••• | •••• | •••• |
| Vivek K. Jain & Associates | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 14 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Azure Green Tech Private Limited
Azure Green Tech operates one associated brand: Azure Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of independent power producer in the utility scale renewable energy | azurepower.com |
Employees and EPFO Compliance at Azure Green Tech Private Limited
Employment history and EPFO contributions of people linked to Azure Green Tech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Azure Green Tech Private Limited
Azure Green Tech has one previous CIN (Corporate Identification Number): U40106DL2012PTC237073. The current CIN is U35105DL2012PTC237073, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105DL2012PTC237073 | Current |
| U40106DL2012PTC237073 | Previous |
Recent Activity on Azure Green Tech Private Limited
Azure Green Tech Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Sachin Bali was appointed as Additional Director on 21 Jul 2025.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Azure Green Tech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Azure Green Tech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Azure Green Tech Private Limited
Azure Green Tech has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAKCA9179P1ZN | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Azure Green Tech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Azure Green Tech Private Limited
Frequently Asked Questions about Azure Green Tech Private Limited
Azure Green Tech is an active private limited company based in New Delhi, Delhi, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 07 June 2012 (14+ years old) and is registered under CIN U35105DL2012PTC237073.
Azure Green Tech reported revenue of ₹56.83 Cr for FY 2025 (up 9% YoY).
Azure Green Tech has 2 current directors:
- Vikrant Krishan Mahajan - Director
- Sachin Bali - Additional Director
Azure Green Tech reported a net profit of ₹27 Cr (net margin 47.5%) and EBITDA of ₹50.85 Cr (EBITDA margin 89.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Azure Green Tech is 4% over three years and 4% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Azure Green Tech is 08AAKCA9179P1ZN, registered in Rajasthan. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Azure Green Tech is U35105DL2012PTC237073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azure Green Tech has 1 court case on record: 1 filed by the company. 1 is pending.
Azure Green Tech was incorporated on 07 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Azure Green Tech has 1 deal on record (1 acquisition); the latest was in March 2014.
The peers of Azure Green Tech by revenue are Solenco Infra Private Limited, Am Green Ammonia (India) Private Limited, Fujin Wind Parks Private Limited, Electryone Power Private Limited, Solitaire BTN Solar Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Sachin Bali was appointed as Additional Director on 21 Jul 2025. Vikrant Krishan Mahajan ceased to be Additional Director on 15 Sep 2024. Vikrant Krishan Mahajan was appointed as Director on 09 Aug 2024. Azure Green Tech has 10 board changes on record in total.