About Baswal Renewables Private Limited
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Baswal Renewables Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 30 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40106RJ2019PTC065820. Its GSTIN is 08AAICB5685R1ZP (Rajasthan).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.63 Lakh. It is led by directors Pankaj Verma and Pawan Verma.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ma – 1 513 Pratap Apartment Rhb Sanganer, Jaipur, Rajasthan, India – 302033.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.37 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.97 Lakh (net margin 2.2%) and EBITDA of ₹4.32 Lakh (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 476% over three years.
As per MCA filings, the company has open charges of ₹10.5 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website xtrawatt.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMa – 1 513 Pratap Apartment Rhb Sanganer, Jaipur, Rajasthan, India – 302033
- IndustryEnvironment, Clean 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
Business Activity of Baswal Renewables Private Limited
The main business activity of Baswal Renewables is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Baswal Renewables Private Limited FY 2025 filings available
Baswal Renewables Private Limited reported revenue of ₹1.37 Cr (up 37% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Baswal Renewables Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 476% over three years, including 37% growth in the latest year. EBITDA fell 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 of Baswal Renewables Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹4.32 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.97 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Baswal Renewables Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.2% | •••• | •••• | •••• | •••• |
| 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 Baswal Renewables are in the company report.
Financial statements from FY 2020
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.
Peer Comparison of Baswal Renewables Private Limited
Baswal Renewables Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Comet Energy Solutions India Private Limited | ₹1.42 Cr (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Navsar Engineering International Private Limited | ₹1.42 Cr (FY 2022) | •••• | •••• | -47.0% | •••• | Thoraipakkam, Chennai, Tamil Nadu, India |
| Ridgeway Energy Private Limited | ₹1.41 Cr (FY 2024) | •••• | •••• | 57.0% | •••• | Delhi, India |
| Integrated Energy Solutions Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Solargica Power Private Limited | ₹1.39 Cr (FY 2024) | •••• | •••• | 44.0% | •••• | Pune, Maharashtra, India |
| Baswal Renewables Private Limited this company | ₹1.37 Cr (FY 2024) | •••• | •••• | 37.0% | •••• | Jaipur, Rajasthan, India |
| Kumudini Energy Private Limited | ₹1.36 Cr (FY 2024) | •••• | •••• | -42.0% | •••• | Kendujhar, Odisha, India |
| Vorpal Energy Solutions Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Chennai, Tamil Nadu, India |
| Mvsquare Greenovative Energy Solutions Private Limited | ₹1.34 Cr (FY 2024) | •••• | •••• | 158.0% | •••• | Pune, Maharashtra, India |
| Rado Energy Solutions Priavte Limited | ₹1.33 Cr (FY 2018) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Tawanai Energytech Private Limited | ₹1.32 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Baswal Renewables by revenue in the Cleantech industry (Energy Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Baswal Renewables Private Limited
Baswal Renewables has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Verma | Director | 30 Jul 2019 | 7 Years 2 Months | Current |
| Pawan Verma | Director | 17 Sep 2020 | 6 Years 0 Months | Current |
Ownership and Shareholding of Baswal Renewables Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Baswal Renewables Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jul 2023 | State Bank of India | ₹10 Lakh | Open |
| 06 Jul 2023 | State Bank of India | ₹50,000 | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Baswal Renewables Private Limited
Employment history and EPFO contributions of people linked to Baswal Renewables.
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 Baswal Renewables Private Limited
Baswal Renewables Private Limited has 3 board changes on record since 2019: 2 appointments and 1 cessation. The latest: Praveen Verma ceased to be Director on 23 Sep 2020.
Credit Ratings, Litigation & Regulatory Alerts for Baswal Renewables 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 Baswal Renewables 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 Baswal Renewables 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 Baswal Renewables Private Limited
Baswal Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAICB5685R1ZP | Rajasthan | Active | 28 Aug 2019 |
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 Baswal Renewables 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.
Frequently Asked Questions about Baswal Renewables Private Limited
Baswal Renewables is an active private limited company based in Jaipur, Rajasthan, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 30 July 2019 (7+ years old) and is registered under CIN U40106RJ2019PTC065820.
Baswal Renewables reported revenue of ₹1.37 Cr for FY 2024 (up 37% YoY).
Baswal Renewables has 2 current directors:
- Pankaj Verma - Director
- Pawan Verma - Director
Baswal Renewables reported a net profit of ₹2.97 Lakh (net margin 2.2%) and EBITDA of ₹4.32 Lakh (EBITDA margin 3.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Baswal Renewables is 476% over three years. In the latest year (FY 2024) revenue rose 37%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Baswal Renewables is 08AAICB5685R1ZP, registered in Rajasthan.
The CIN (Corporate Identification Number) of Baswal Renewables is U40106RJ2019PTC065820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Baswal Renewables was incorporated on 30 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Baswal Renewables by revenue are Comet Energy Solutions India Private Limited, Navsar Engineering International Private Limited, Ridgeway Energy Private Limited, Integrated Energy Solutions Private Limited, Solargica Power Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
Praveen Verma ceased to be Director on 23 Sep 2020. Pawan Verma was appointed as Director on 17 Sep 2020. Pankaj Verma was appointed as Director on 30 Jul 2019.
Yes, Baswal Renewables is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).