About Azure Power Pluto Private Limited
Data last updated:
Azure Power Pluto 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 U35105DL2014PTC273942. Its GSTIN is 03AANCA1426E1Z7 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹77.69 Lakh. It is led by directors Sanjeev Chhabra and Manoj Kumar Sharma.
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 ₹138.86 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹51.98 Cr (net margin 37.4%) and EBITDA of ₹121.99 Cr (EBITDA margin 87.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company is associated with 1 brand: Azure Power. As per MCA filings, the company has open charges of ₹625 Cr and satisfied charges of ₹962.18 Cr on record. Court records list 4 cases involving the company, including 3 filed against it. The company has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹199.39 Cr; the latest was in March 2019. Its 10 peer companies in the Cleantech industry (Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Naw Dharam Energy Private Limited with revenue of ₹141.5 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.
CIN History of Azure Power Pluto Private Limited
Azure Power Pluto has one previous CIN (Corporate Identification Number): U40300DL2014PTC273942. The current CIN is U35105DL2014PTC273942, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105DL2014PTC273942 | Current |
| U40300DL2014PTC273942 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered AddressDsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017
- IndustryEnvironment, Solar Energy Solutions
- 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
Associated Brands with Azure Power Pluto Private Limited
Azure Power Pluto 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 of Azure Power Pluto Private Limited
The main business activity of Azure Power Pluto 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 Power Pluto Private Limited FY 2025 filings available
Azure Power Pluto Private Limited reported revenue of ₹138.86 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Azure Power Pluto Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 4% 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 Power Pluto 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 | ₹121.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.98 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 Power Pluto Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 87.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 37.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Power Pluto 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.
Board of Directors of Azure Power Pluto Private Limited
Azure Power Pluto has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Chhabra Also directs: Azure Power Mars Private Limited, Azure Power Fifty Two Private Limited, Azure Power Sixty Five Private Limited and 5 more | Director | 22 Jul 2025 | 1 Years 2 Months | Current |
| Manoj Kumar Sharma Also directs: Azure Power Mars Private Limited, Azure Power Sixty Five Private Limited, Azure Green Hydrogen Private Limited and 5 more | Director | 22 Jul 2025 | 1 Years 2 Months | Current |
Peer Comparison of Azure Power Pluto Private Limited
Azure Power Pluto Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Naw Dharam Energy Private Limited | ₹141.5 Cr (FY 2025) | •••• | •••• | 2754955.0% | •••• | Bishrakh, Uttar Pradesh, India |
| Amplus KN Solar Private Limited | ₹141.48 Cr (FY 2022) | •••• | •••• | 3.0% | •••• | New Delhi, Delhi, India |
| Yarrow Infrastructure Private Limited | ₹140.83 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Gurgaon, Haryana, India |
| Galo Energy Private Limited | ₹140.75 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Solaire Surya Urja Private Limited | ₹139.5 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Azure Power Pluto Private Limited this company | ₹138.86 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Avaada Mhsustainable Private Limited | ₹135.65 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Noida, Uttar Pradesh, India |
| Sadashiv Projects India Private Limited | ₹134.9 Cr (FY 2025) | •••• | •••• | 475.0% | •••• | Ahmedabad, Gujarat, India |
| Rising Sun Energy Private Limited | ₹133.94 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | New Delhi, Delhi, India |
| Talgrow Agri Trading Private Limited | ₹133.69 Cr (FY 2025) | •••• | •••• | -58.0% | •••• | Tuticorin, Tamil Nadu, India |
| Om Renewable India Private Limited | ₹132.86 Cr (FY 2025) | •••• | •••• | 159.0% | •••• | Raipur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Azure Power Pluto by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Azure Power Pluto Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Nov 2017 | Others | ₹625 Cr | Open |
| 03 Sep 2019 | Others | ₹169 Cr | Satisfied |
| 01 Sep 2018 | Others | ₹195 Cr | Satisfied |
| 08 Jun 2016 | Idbi Trusteeship Services Limited | ₹598.18 Cr | Satisfied |
Total charge records: 4 View all charges
Deals & Funding of Azure Power Pluto Private Limited
Azure Power Pluto Private Limited has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹199.39 Cr; the latest was in March 2019.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: Azure Power India Private Limited , Azure Power India Private Limited & Harkanwal Singh Wadhwa Seller: Hanwha Energy Corporation Singapore Pte Ltd |
| Nov 2015 | Funding round | ₹199.39 Cr | Investors: Azure Power India Private Limited , Hanwha Energy Corporation Singapore Pte Ltd |
Full deal history
All 2 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 Power Pluto Private Limited
Azure Power Pluto Private Limited has 4 court cases on record: 3 filed against it, 1 where it is another party. All cases are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Bathinda, Punjab | Appeal | Filed against the company by an individual | Disposed |
| District court, Fazilka, Punjab | Court case (SUCC) | Company is another party | Disposed |
| District court, Fazilka, Punjab | Civil suit | Filed against the company by an individual | Disposed |
| District court, Fazilka, Punjab | Civil suit | Filed against the company by an individual | Disposed |
Full case history
All 4 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.
Employees and EPFO Compliance at Azure Power Pluto Private Limited
Employment history and EPFO contributions of people linked to Azure Power Pluto.
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.
Recent Activity on Azure Power Pluto Private Limited
Azure Power Pluto Private Limited has 15 board changes on record since 2019: 2 appointments and 13 cessations. The latest: Manoj Kumar Sharma ceased to be Additional Director on 28 Aug 2025.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Azure Power Pluto 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.
MSME Payment Delays by Azure Power Pluto Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Azure Power Pluto 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 Power Pluto Private Limited
Azure Power Pluto has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AANCA1426E1Z7 | Punjab | 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 Power Pluto 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 Power Pluto Private Limited
Frequently Asked Questions about Azure Power Pluto Private Limited
Azure Power Pluto 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 U35105DL2014PTC273942.
Azure Power Pluto reported revenue of ₹138.86 Cr for FY 2025 (down 2% YoY).
Azure Power Pluto has 2 current directors:
- Sanjeev Chhabra - Director
- Manoj Kumar Sharma - Director
Azure Power Pluto reported a net profit of ₹51.98 Cr (net margin 37.4%) and EBITDA of ₹121.99 Cr (EBITDA margin 87.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Azure Power Pluto is -2% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Azure Power Pluto is 03AANCA1426E1Z7, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Azure Power Pluto is U35105DL2014PTC273942. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azure Power Pluto has 4 court cases on record: 3 filed against it.
Azure Power Pluto was incorporated on 09 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Azure Power Pluto has 2 deals on record (1 secondary share transfer, 1 funding round), with disclosed funding of ₹199.39 Cr; the latest was in March 2019.
The peers of Azure Power Pluto by revenue are Naw Dharam Energy Private Limited, Amplus KN Solar Private Limited, Yarrow Infrastructure Private Limited, Galo Energy Private Limited, Solaire Surya Urja Private Limited and 5 more, all in the Cleantech industry (Solar Power).