About Azure Power Thirty Three Private Limited
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Azure Power Thirty Three 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 30 April 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40300DL2016PTC298811. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.88 Lakh. It is led by directors Kunal Jindal and Kapil 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 ₹149.85 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹30.02 Cr (net margin 20%) and EBITDA of ₹127.68 Cr (EBITDA margin 85.2%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company has about 20 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 ₹920.3 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 6 cases are pending. The company has 2 deals on record (2 acquisitions); the latest was in November 2018. Its 5 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 3 smaller; the largest is Avaada RJHN Private Limited with revenue of ₹156.72 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 Thirty Three 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 Thirty Three 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 Thirty Three 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 Thirty Three 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 Thirty Three Private Limited, buy the company report.
Financials of Azure Power Thirty Three Private Limited
FY 2025 filings availableAzure Power Thirty Three Private Limited reported revenue of ₹149.85 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹127.68 Cr | ||||
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| Net Profit (PAT) | ₹30.02 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 85.2% | ||||
| Net Profit Margin | 20% | ||||
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To see the full financial statements and ratios of Azure Power Thirty Three Private Limited, buy the company report.
Board of directors of Azure Power Thirty Three Private Limited
Azure Power Thirty Three 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 |
|---|---|---|---|---|
| Kapil Sharma Also directs: Azure Urja Private Limited, Azure Power Rooftop (Genco.) Private Limited, Azure Power Infrastructure Private Limited and 5 more | Additional Director | 21 Jul 2025 | 1 Years 3 Months | Current |
| Kunal Jindal Also directs: Azure Power Infrastructure Private Limited, Azure Power Maple Private Limited, Azure Power Forty Three Private Limited and 5 more | Director | 21 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Azure Power Thirty Three Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Avaada RJHN Private Limited | ₹156.72 Cr (FY 2025) | 0.0% | Noida, Uttar Pradesh, India | |||
| Clean Solar Power (Jodhpur) Private Limited | ₹154.37 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Azure Power Thirty Three Private Limitedthis company | ₹149.85 Cr (FY 2025) | ₹30.02 Cr | 20% | -1.0% | 20 | New Delhi, Delhi, India |
| Dhursar Solar Power Private Limited | ₹148.87 Cr (FY 2025) | 36.0% | Mumbai, Maharashtra, India | |||
| Adani Solar Energy Ka Nine Private Limited | ₹148.75 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Vena Energy Solar India Power Resources Private Limited | ₹146.18 Cr (FY 2025) | 19.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Azure Power Thirty Three Private Limited, buy the company report.
Auditor
Azure Power Thirty Three 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 Thirty Three 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 Thirty Three Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2025 | 101047544 | Others | ₹2,412 Cr | Open | |
| 27 Dec 2019 | 100322794 | Others | ₹451.3 Cr | Satisfied | |
| 30 May 2018 | 100179902 | Others | ₹469 Cr | Satisfied |
To see the full charge records of Azure Power Thirty Three Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Azure Power Thirty Three Private Limited has 2 deals on record (2 acquisitions); the latest was in November 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2018 | Acquisition | ₹295 Cr | Buyer: Azure Power India Private Limited |
| Mar 2017 | Acquisition | ₹62.12 Cr | 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 Thirty Three Private Limited has 10 court cases on record: 8 filed by Azure Power Thirty Three, 2 filed against it. 6 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 3 |
| District courts | 3 | 0 | 3 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Solar Energy Corporation of India Limited and 7 others | Disposed |
| High Court of Rajasthan | Writ petition | Filed against the company | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against State of Gujarat and 2 others | Pending |
| High Court of Gujarat | Special civil application | Filed by the company against State of Gujarat | Pending |
| District court, Sabarkantha at Himmatnagar, Gujarat | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Azure Power Thirty Three 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 Thirty Three Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Azure Power Thirty Three Private Limited has a workforce of 20 employees on its EPFO records as of Apr 02, 2024, across 2 active EPFO establishments.
GST
Azure Power Thirty Three has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Azure Power Thirty Three Private Limited, buy the company report.
Recent activity
Azure Power Thirty Three Private Limited has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Kapil Sharma was appointed as Additional Director on 21 Jul 2025.
6 earlier events are in the company report.
News
Frequently asked questions
Azure Power Thirty Three 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 30 April 2016 (10+ years old) and is registered under CIN U40300DL2016PTC298811.
Azure Power Thirty Three has 2 current directors:
- Kapil Sharma - Additional Director
- Kunal Jindal - Director
The latest financial statements of Azure Power Thirty Three 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 FY 2017 are in the company report.
No. Azure Power Thirty Three has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Azure Power Thirty Three is U40300DL2016PTC298811. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azure Power Thirty Three has 10 court cases on record: 8 filed by the company and 2 filed against it. 6 are pending. Most are in the high courts.
Azure Power Thirty Three was incorporated on 30 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Delhi.
Azure Power Thirty Three has 2 deals on record (2 acquisitions); the latest was in November 2018.
The peers of Azure Power Thirty Three by revenue are Avaada RJHN Private Limited, Clean Solar Power (Jodhpur) Private Limited, Dhursar Solar Power Private Limited, Adani Solar Energy Ka Nine Private Limited, Vena Energy Solar India Power Resources Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kapil Sharma was appointed as Additional Director on 21 Jul 2025. Kunal Jindal was appointed as Director on 21 Jul 2025. Shweta Srivastava ceased to be Additional Director on 14 May 2024. Azure Power Thirty Three has 9 board changes on record in total.
Azure Power Thirty Three can be reached through the website azurepower.com. Its registered office is in New Delhi, Delhi, India.
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