
About Azure Sunshine Private Limited
Data last updated:
Azure Sunshine 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 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 U35105DL2012PTC237070. Its GSTIN is 08AAKCA9185D1ZE (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 ₹5.63 Lakh. It is led by directors Manoj Kumar Sharma and Umesh Sukhwani.
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 ₹30.78 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹16.21 Cr (net margin 52.7%) and EBITDA of ₹28.21 Cr (EBITDA margin 91.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company is associated with 1 brand: Azure Power. As per MCA filings, the company has open charges of ₹132.7 Cr and satisfied charges of ₹481.35 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in March 2014. 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, 4 larger and 3 smaller; the largest is Ampin Urja Private Limited with revenue of ₹31.29 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
CIN history
Azure Sunshine has one previous CIN (Corporate Identification Number): U40106DL2012PTC237070. The current CIN is U35105DL2012PTC237070, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105DL2012PTC237070 | Current |
| U40106DL2012PTC237070 | Previous |
Contact details
Azure Sunshine Private Limited's registered office is in New Delhi, Delhi.
- 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
Brands
Azure Sunshine 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 Sunshine 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 Sunshine Private Limited, buy the company report.
Financials of Azure Sunshine Private Limited
FY 2025 filings availableAzure Sunshine Private Limited reported revenue of ₹30.78 Cr (up 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 13% growth in the latest year. EBITDA rose 12% 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 | ₹28.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.21 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 | 91.7% | ||||
| Net Profit Margin | 52.7% | ||||
| 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 Sunshine Private Limited, buy the company report.
Board of directors of Azure Sunshine Private Limited
Azure Sunshine has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Sharma Also directs: Azure Green Hydrogen Private Limited, Azure Power Mars Private Limited, Azure Power Pluto Private Limited and 5 more | Director | 22 Jul 2025 | 1 Years 3 Months | Current |
| Umesh Sukhwani Also directs: Azure Power Fifty One Private Limited, Azure Urja Private Limited, Azure Sunrise Private Limited and 5 more | Director | 22 Jul 2025 | 1 Years 3 Months | Current |
Peer comparison
Azure Sunshine 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 |
|---|---|---|---|---|---|---|
| Ampin Urja Private Limited | ₹31.29 Cr (FY 2025) | 18.0% | New Delhi, Delhi, India | |||
| Acme Jaisalmer Solar Power Private Limited | ₹31.07 Cr (FY 2025) | 7.0% | Gurgaon, Haryana, India | |||
| Southern Energy Development Corporation Limited | ₹30.86 Cr (FY 2025) | -9.0% | Chennai, Tamil Nadu, India | |||
| Waa Solar Limited | ₹30.85 Cr (FY 2025) | 13.0% | Vadodara, Gujarat, India | |||
| Azure Sunshine Private Limitedthis company | ₹30.78 Cr (FY 2025) | ₹16.21 Cr | 52.7% | 13.0% | New Delhi, Delhi, India | |
| Clean Solar Power (Dhar) Private Limited | ₹30.35 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| JSW Advaith Power Private Limited | ₹30.09 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| MH Parbhani Power Private Limited | ₹30.08 Cr (FY 2025) | 14.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Azure Sunshine Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Sep 2018 | 100209514 | Others | ₹86.7 Cr | Open | |
| 04 Sep 2015 | 10591047 | Sbicap Trustee Company Limited | ₹46 Cr | Open | |
| 03 Sep 2019 | 100294575 | Others | ₹169 Cr | Satisfied | |
| 06 Sep 2018 | 100204932 | Others | ₹195 Cr | Satisfied | |
| 30 Oct 2014 | 10532974 | Central Bank of India | ₹63.94 Cr | Satisfied |
To see the full charge records of Azure Sunshine Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Azure Sunshine 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 | ₹35.08 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
No court or tribunal cases involving Azure Sunshine Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Azure Sunshine Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Azure Sunshine has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAKCA9185D1ZE | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Azure Sunshine Private Limited, buy the company report.
Recent activity
Azure Sunshine Private Limited has 12 board changes on record since 2016: 2 appointments and 10 cessations. The latest: Manoj Kumar Sharma ceased to be Additional Director on 28 Aug 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Azure Sunshine 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 07 June 2012 (14+ years old) and is registered under CIN U35105DL2012PTC237070.
Azure Sunshine has 2 current directors:
- Manoj Kumar Sharma - Director
- Umesh Sukhwani - Director
The latest financial statements of Azure Sunshine 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.
The GSTIN of Azure Sunshine is 08AAKCA9185D1ZE, 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 Sunshine is U35105DL2012PTC237070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Azure Sunshine was incorporated on 07 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
Azure Sunshine has 1 deal on record (1 acquisition); the latest was in March 2014.
The peers of Azure Sunshine by revenue are Ampin Urja Private Limited, Acme Jaisalmer Solar Power Private Limited, Southern Energy Development Corporation Limited, Waa Solar Limited, Clean Solar Power (Dhar) Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Manoj Kumar Sharma ceased to be Additional Director on 28 Aug 2025. Umesh Sukhwani ceased to be Additional Director on 28 Aug 2025. Manoj Kumar Sharma was appointed as Director on 22 Jul 2025. Azure Sunshine has 12 board changes on record in total.
Azure Sunshine can be reached through the website azurepower.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Azure Sunshine is at Dsc – 304 Second Floor DLF South Court, Saket District Centre, New Delhi, Delhi, India – 110017.