Azure Power Thirty Nine Private Limited

Azure Power Thirty Nine Private Limited - environment in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U40101DL2016PTC301060 Incorporated 08 June 2016 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company environment
Data last updated
Revenue · FY 2025
₹74,000
▼ 73% YoY
Net loss · FY 2025
₹5.64 Lakh
Latest filing
EBITDA · FY 2025
-₹5.14 Lakh
Latest filing
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹8.68 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
of 2 registered

About Azure Power Thirty Nine Private Limited

Data last updated:

Azure Power Thirty Nine 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 08 June 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40101DL2016PTC301060. Its GSTIN is 06AAOCA4708Q1Z4 (Haryana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹8.68 Lakh. It is led by directors Chandan Raina and Sonia Varma.

Its last annual general meeting (AGM) was held on 25 September 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 ₹74,000, a decline of 73% compared to the previous year. For the same year it recorded a net loss of ₹5.64 Lakh and EBITDA of -₹5.14 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.

The company is associated with 1 brand: Azure Power. The company has 2 deals on record (2 acquisitions); the latest was in January 2019. Its 3 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 1 smaller; the largest is Wadhawan Solar Private Limited with revenue of ₹76,078.

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

CIN U40101DL2016PTC301060
Registration Number 301060
Incorporation Date 08 June 2016
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Azure Power India Private Limited
Compliance Status Active Compliant

Contact details

Azure Power Thirty Nine 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
  • Social Media
  • Registered Address
    Dsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Azure Power Thirty Nine Private Limited, buy the company report.

Comprehensive company report
Azure Power Thirty Nine Private Limited - one report that includes everything
  • 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
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Brands

Azure Power Thirty Nine operates one associated brand: Azure Power. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of independent power producer in the utility scale renewable energyazurepower.com

Financials of Azure Power Thirty Nine Private Limited

FY 2025 filings available

Azure Power Thirty Nine Private Limited reported revenue of ₹74,000 (down 73% YoY) for FY 2025.

Revenue · FY 2025
₹74,000 ▼ 73%
Net loss · FY 2025
₹5.64 Lakh
EBITDA · FY 2025
-₹5.14 Lakh

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 33%
5 years · compounded
▼ 24%
EBITDA CAGR growth
1 year
▼ 60%
3 years · compounded
▼ 76%
5 years · compounded
▼ 40%

Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 73% fall in the latest year. EBITDA fell 60% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹5.14 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹5.64 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin
Net Profit Margin
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 Thirty Nine Private Limited, buy the company report.

Board of directors of Azure Power Thirty Nine Private Limited

Azure Power Thirty Nine has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandan RainaDirector21 Jul 20251 Years 3 MonthsCurrent
Sonia VarmaDirector26 May 20251 Years 5 MonthsCurrent

Peer comparison

Azure Power Thirty Nine Private Limited is compared with the 3 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wadhawan Solar Private Limited₹76,078 (FY 2018)18456.0%Mumbai, Maharashtra, India
Shan Solar Private Limited₹75,200 (FY 2025)21.0%Bangalore, Karnataka, India
Azure Power Thirty Nine Private Limitedthis company₹74,000 (FY 2025)-₹5.64 Lakh-73.0%New Delhi, Delhi, India
Acme Sikar Solar Private Limited₹70,000 (FY 2025)Gurugram, Haryana, India

To see the full peer comparison of Azure Power Thirty Nine Private Limited, buy the company report.

Auditor

Azure Power Thirty Nine Private Limited is audited by S R BATLIBOI & CO LLP for the financial year 2021.

Auditor firmFinancial yearFirm registration number
S R BATLIBOI & CO LLPFY 2021301003E/E300005

Shareholding

The shareholding of Azure Power Thirty Nine 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 categoryFY 2021FY 2020FY 2019FY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Azure Power Thirty Nine Private Limited, buy the company report.

Deals & funding

Azure Power Thirty Nine Private Limited has 2 deals on record (2 acquisitions); the latest was in January 2019.

Total deals
2
Acquisitions
2

Deals on record (2 of 2)

WhenDealAmountParties
Jan 2019Acquisition₹6 CrBuyer: Azure Power India Private Limited
Mar 2017Acquisition₹3 LakhBuyer: Azure Power India Private Limited

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Azure Power Thirty Nine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Azure Power Thirty Nine has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AAOCA4708Q1Z4HaryanaActive12 Dec 2023

To see the full GST registrations and return filing status of Azure Power Thirty Nine Private Limited, buy the company report.

Recent activity

Azure Power Thirty Nine Private Limited has 24 board changes on record since 2016: 13 appointments and 11 cessations. The latest: Chandan Raina was appointed as Director on 21 Jul 2025.

AGM
Azure Power Thirty Nine Private Limited last Annual general meeting of members was held on 25 Sep 2025 as per latest MCA records.
Appointed
Chandan Raina was appointed as Director.
Ceased
Manoj Kumar Sharma ceased to be Director.
Ceased
Tarun Aggarwal ceased to be Director.
Appointed
Sonia Varma was appointed as Director.
Filing
Azure Power Thirty Nine Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Ceased
Vani Sundaram ceased to be Director.
Appointed
Manoj Kumar Sharma was appointed as Director.
Ceased
Vikas Bansal ceased to be Director.
Appointed
Vani Sundaram was appointed as Director.
Ceased
Srinagesh Ramabhotla ceased to be Director.
Appointed
Tarun Aggarwal was appointed as Director.

15 earlier events are in the company report.

Frequently asked questions

Azure Power Thirty Nine 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 08 June 2016 (10+ years old) and is registered under CIN U40101DL2016PTC301060.

Azure Power Thirty Nine has 2 current directors:

The latest financial statements of Azure Power Thirty Nine on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Azure Power Thirty Nine is 06AAOCA4708Q1Z4, registered in Haryana. 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 Thirty Nine is U40101DL2016PTC301060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Azure Power Thirty Nine was incorporated on 08 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.

Azure Power Thirty Nine has 2 deals on record (2 acquisitions); the latest was in January 2019.

The peers of Azure Power Thirty Nine by revenue are Wadhawan Solar Private Limited, Shan Solar Private Limited, Acme Sikar Solar Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).

Chandan Raina was appointed as Director on 21 Jul 2025. Manoj Kumar Sharma ceased to be Director on 21 Jul 2025. Tarun Aggarwal ceased to be Director on 16 Jun 2025. Azure Power Thirty Nine has 24 board changes on record in total.

Azure Power Thirty Nine can be reached through the website azurepower.com. Its registered office is in New Delhi, Delhi, India.

The registered office of Azure Power Thirty Nine is at Dsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017.