About Azure Power Earth Private Limited
Data last updated:
Azure Power Earth 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 solar energy solutions segment of the environmental services sector. It was incorporated on 09 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2014PTC273940. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45.98 Lakh. It is led by directors Shweta Srivastava and Sankalp Kant.
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 ₹75.59 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹16.19 Cr (net margin 21.4%) and EBITDA of ₹63.02 Cr (EBITDA margin 83.4%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Azure Power. As per MCA filings, the company has open charges of ₹2,412 Cr and satisfied charges of ₹793.4 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 3 deals on record (2 acquisitions, 1 debt financing), with disclosed funding of ₹393.4 Cr; the latest was in October 2019. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 2 smaller; the largest is Fermi Solarfarms Private Limited with revenue of ₹77.49 Cr.
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.
Company details
Contact details
Azure Power Earth Private Limited's registered office is in New Delhi, Delhi. Its website is azurepower.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressDsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Azure Power Earth 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
Brands
Azure Power Earth 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 |
Business activity
The main business activity of Azure Power Earth 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 Azure Power Earth Private Limited, buy the company report.
Financials of Azure Power Earth Private Limited
FY 2025 filings availableAzure Power Earth Private Limited reported revenue of ₹75.59 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA fell 15% 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 | ₹63.02 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.4% | ||||
| Net Profit Margin | 21.4% | ||||
| 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 Azure Power Earth Private Limited, buy the company report.
Board of directors of Azure Power Earth Private Limited
Azure Power Earth has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Srivastava Also directs: Azure Power Eris Private Limited, Azure Power Rooftop Seven Private Limited, Azure Power ( Haryana ) Private Limited and 5 more | Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Sankalp Kant Also directs: Azure Power Eris Private Limited, Azure Power (Rajasthan) Private Limited, Azure Power Sixty Private Limited and 5 more | Additional Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Azure Power Earth Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (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 |
|---|---|---|---|---|---|---|
| Fermi Solarfarms Private Limited | ₹77.49 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| Prathamesh Solarfarms Limited | ₹77.44 Cr (FY 2025) | -9.0% | Ahmedabad, Gujarat, India | |||
| Avon Energies and Investments Private Limited | ₹76.81 Cr (FY 2025) | -27.0% | Ludhiana, Punjab, India | |||
| Zuka Power Private Limited | ₹76.76 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Ampin Energy Green Six Private Limited | ₹76.25 Cr (FY 2025) | 337.0% | New Delhi, Delhi, India | |||
| Azure Power Earth Private Limitedthis company | ₹75.59 Cr (FY 2025) | ₹16.19 Cr | 21.4% | -13.0% | 4 | New Delhi, Delhi, India |
| Jilesh Power Private Limited | ₹72.82 Cr (FY 2025) | 20.0% | Hyderabad, Telangana, India | |||
| Renew Sun Energy Private Limited | ₹72.57 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Azure Power Earth Private Limited, buy the company report.
Auditor
Azure Power Earth Private Limited is audited by S.R. BATLIBOI & CO. LLP for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. BATLIBOI & CO. LLP | FY 2021 | 301003E/E300005 |
Shareholding
The shareholding of Azure Power Earth Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Azure Power Earth Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2025 | 101047538 | Others | ₹2,412 Cr | Open | |
| 27 Dec 2019 | 100322796 | Others | ₹393.4 Cr | Satisfied | |
| 16 Oct 2018 | 100209375 | Others | ₹400 Cr | Satisfied |
To see the full charge records of Azure Power Earth Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Azure Power Earth Private Limited has 3 deals on record (2 acquisitions, 1 debt financing), with disclosed funding of ₹393.4 Cr; the latest was in October 2019.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Debt financing | ₹393.4 Cr | Investors: Azure Power Solar Energy Private Limited |
| Aug 2018 | Acquisition | ₹171.49 Cr | Buyer: Azure Power India Private Limited |
| Mar 2017 | Acquisition | ₹3 Lakh | Buyer: Azure Power India Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Azure Power Earth Private Limited has 3 court cases on record: 2 filed by Azure Power Earth, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 2 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Government of Karnataka | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Government of Karnataka and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by Azure Power India Privte Limited | Disposed |
To see the full case history of Azure Power Earth 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 Azure Power Earth Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Azure Power Earth Private Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Azure Power Earth has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Azure Power Earth Private Limited, buy the company report.
Recent activity
Azure Power Earth Private Limited has 12 board changes on record since 2019: 2 appointments and 10 cessations. The latest: Sankalp Kant was appointed as Additional Director on 21 Jul 2025.
10 earlier events are in the company report.
News
Frequently asked questions
Azure Power Earth is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 09 December 2014 (12+ years old) and is registered under CIN U40300DL2014PTC273940.
Azure Power Earth has 2 current directors:
- Shweta Srivastava - Director
- Sankalp Kant - Additional Director
The latest financial statements of Azure Power Earth on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 August 2025. Year-wise statements from 2015 are in the company report.
No. Azure Power Earth has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Azure Power Earth is U40300DL2014PTC273940. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azure Power Earth has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending.
Azure Power Earth was incorporated on 09 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Azure Power Earth has 3 deals on record (2 acquisitions, 1 debt financing), with disclosed funding of ₹393.4 Cr; the latest was in October 2019.
The peers of Azure Power Earth by revenue are Fermi Solarfarms Private Limited, Prathamesh Solarfarms Limited, Avon Energies and Investments Private Limited, Zuka Power Private Limited, Ampin Energy Green Six Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Sankalp Kant was appointed as Additional Director on 21 Jul 2025. Mahesh Shivappa Arali ceased to be Additional Director on 15 Sep 2024. Saurabh Gupta ceased to be Director on 20 Jun 2024. Azure Power Earth has 12 board changes on record in total.
Azure Power Earth can be reached through the website azurepower.com. Its registered office is in New Delhi, Delhi, 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.
