About Baidyanath Power Private Limited
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Baidyanath Power Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mahalaxmi Commercial Services Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 27 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2009PTC192059. Its GSTIN is 27AAECC5271A1Z1 (Maharashtra).
The company has an authorised share capital of ₹107.75 Cr and a paid-up capital of ₹72.45 Cr. It was formerly known as Central Ayurved Drugs Private Limited. It is led by directors Kashyap Desai and Pranavkumar Sureshkumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C/704 Pramukh Plaza Cardinal Gracious Road Chakala Andheri East, Mumbai, Maharashtra, India – 400069.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.82 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹4.35 Cr (net margin 16.9%) and EBITDA of ₹14.29 Cr (EBITDA margin 55.4%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 28% over five years.
Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹1,142.35 Cr and satisfied charges of ₹1,502.69 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹72.44 Cr; the latest was in March 2020. Its 8 peer companies in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is Eden Mumbai Solar Private Limited with revenue of ₹26.15 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website baidyanath.info.
Company details
CIN history
Baidyanath Power has one previous CIN (Corporate Identification Number): U73100MH2009PTC192059. The current CIN is U40300MH2009PTC192059, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40300MH2009PTC192059 | Current |
| U73100MH2009PTC192059 | Previous |
Contact details
Baidyanath Power Private Limited's registered office is in Mumbai, Maharashtra. Its website is baidyanath.info. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC/704 Pramukh Plaza Cardinal Gracious Road Chakala Andheri East, Mumbai, Maharashtra, India – 400069
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Baidyanath Power 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
Business activity
The main business activity of Baidyanath Power 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 Baidyanath Power Private Limited, buy the company report.
Financials of Baidyanath Power Private Limited
FY 2024 filings availableBaidyanath Power Private Limited reported revenue of ₹25.82 Cr (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. EBITDA rose 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹14.29 Cr | ||||
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| Net Profit (PAT) | ₹4.35 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 55.4% | ||||
| Net Profit Margin | 16.9% | ||||
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To see the full financial statements and ratios of Baidyanath Power Private Limited, buy the company report.
Board of directors of Baidyanath Power Private Limited
Baidyanath Power has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kashyap Desai Also directs: Baidyanath Green Energy Private Limited, Markdata Green Energy Private Limited, Dev-Dwarka Windproject Limited and 5 more | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Pranavkumar Sureshkumar Sharma | Director | 27 Apr 2009 | 17 Years 5 Months | Current |
Peer comparison
Baidyanath Power Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind 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 |
|---|---|---|---|---|---|---|
| Eden Mumbai Solar Private Limited | ₹26.15 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Capital Solar Solutions Private Limited | ₹26.12 Cr (FY 2025) | -3.0% | Delhi, India | |||
| Jed Solar Parks Private Limited | ₹25.9 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Suprasanna Solaire Energy Private Limited | ₹25.9 Cr (FY 2025) | -16.0% | Mumbai, Maharashtra, India | |||
| Baidyanath Power Private Limitedthis company | ₹25.82 Cr (FY 2024) | ₹4.35 Cr | 16.9% | 9.0% | Mumbai, Maharashtra, India | |
| Greenzest Sun Park Private Limited | ₹25.7 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| Green Infra Wind Power Projects Limited | ₹25.57 Cr (FY 2025) | 7.0% | Gurgaon, Haryana, India | |||
| Guttaseema Wind Energy Company Private Limited | ₹25.57 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Medha Energy Private Limited | ₹25.54 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India |
To see the full peer comparison of Baidyanath Power Private Limited, buy the company report.
Auditor
Baidyanath Power Private Limited is audited by A.D.BHIDE AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.D.BHIDE AND CO. | FY 2023 | 148171W |
Shareholding
The shareholding of Baidyanath Power Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Baidyanath Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Oct 2025 | 101180797 | Others | ₹187.11 Cr | Open | |
| 08 Sep 2025 | 101168322 | Axis Bank Limited | ₹164.65 Cr | Open | |
| 25 Jul 2025 | 101140671 | Others | ₹307.09 Cr | Open | |
| 31 Oct 2017 | 100149906 | Others | ₹180 Cr | Open | |
| 31 Oct 2017 | 100149907 | Others | ₹180 Cr | Open |
To see the full charge records of Baidyanath Power Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Baidyanath Power Private Limited has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹72.44 Cr; the latest was in March 2020.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Mahalaxmi Commercial Services Private Limited Seller: Dev-Dwarka Windproject Limited |
| Mar 2018 | Funding round | ₹40.44 Cr | Investors: Mahalaxmi Commercial Services Private Limited , 3 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Mahalaxmi Commercial Services Private Limited Seller: Baidyanath Renewables Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Dev-Dwarka Windproject Limited Seller: Baidyanath Renewables Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Dev-Dwarka Windproject Limited Seller: Baidyanath Renewables Private Limited |
To see the full deal history of Baidyanath Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Baidyanath Power Private Limited has 1 court case on record: 1 filed by Baidyanath Power. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtra , Through Govt. Pleader and Ors. | Disposed |
To see the full case history of Baidyanath Power 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.
Credit ratings & regulatory alerts
Baidyanath Power Private Limited was last rated by Crisil on 06 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 06 May 2020 |
To see the full credit ratings and regulatory alerts of Baidyanath Power Private Limited, buy the company report.
MSME payment delays
Baidyanath Power Private Limited has 6 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pvet Private Limited | |||
| Eki Energy Services Limited |
To see the full MSME payment records of Baidyanath Power Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Baidyanath Power has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Markdata Green Energy Private Limited | U40200MH1989PTC051395 | |
| Dev-Dwarka Windproject Limited | U40300MH2014PLC257945 |
To see the full group structure of Baidyanath Power Private Limited, buy the company report.
GST
Baidyanath Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECC5271A1Z1 | Maharashtra | Active | 09 Apr 2018 |
To see the full GST registrations and return filing status of Baidyanath Power Private Limited, buy the company report.
Recent activity
Baidyanath Power Private Limited has 9 board changes on record since 2009: 2 appointments and 7 cessations. The latest: Kashyap Desai ceased to be Additional Director on 29 Sep 2024.
34 earlier events are in the company report.
Frequently asked questions
Baidyanath Power is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 27 April 2009 (17+ years old) and is registered under CIN U40300MH2009PTC192059.
Baidyanath Power has 2 current directors:
- Kashyap Desai - Director
- Pranavkumar Sureshkumar Sharma - Director
The latest financial statements of Baidyanath Power on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Baidyanath Power is 27AAECC5271A1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Baidyanath Power is U40300MH2009PTC192059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baidyanath Power has 1 court case on record: 1 filed by the company.
Baidyanath Power was incorporated on 27 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Baidyanath Power has 9 deals on record (7 secondary share transfers, 2 funding rounds), with disclosed funding of ₹72.44 Cr; the latest was in March 2020.
The peers of Baidyanath Power by revenue are Eden Mumbai Solar Private Limited, Capital Solar Solutions Private Limited, Jed Solar Parks Private Limited, Suprasanna Solaire Energy Private Limited, Greenzest Sun Park Private Limited and 3 more, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Kashyap Desai ceased to be Additional Director on 29 Sep 2024. Kashyap Desai was appointed as Director on 29 Mar 2024. Anuradha Sangeeta Parmar ceased to be Company Secretary on 31 Jan 2022. Baidyanath Power has 9 board changes on record in total.
Baidyanath Power has 6 MSME Form 1 returns on record between 2019 and 2021, listing 12 overdue payments to 2 micro and small suppliers. The latest return was filed on 15 May 2021.
Baidyanath Power can be reached through the website baidyanath.info. Its registered office is in Mumbai, Maharashtra, India.