About Bhadla Renewable Power Private Limited
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Bhadla Renewable Power Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Ayana Renewable Power Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 07 June 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017FTC173996. Its GSTIN is 08AAJCP2363D1ZI (Rajasthan). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.5 Lakh. It was formerly known as Phelan Energy India Rj Private Limited. It is led by directors including Sajida Dilawar Mulani and Atul Kumar Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.47 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹85.1 Lakh (net margin 2.7%) and EBITDA of ₹23.79 Cr (EBITDA margin 75.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: Phelan Energy Group. As per MCA filings, the company has open charges of ₹218.05 Cr and satisfied charges of ₹202.55 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 2 cases are pending. The company has 9 deals on record (4 convertible or debt financings, 2 secondary share transfers, 2 rights issues), with disclosed funding of ₹61.32 Cr; the latest was in January 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website phelanenergygroup.com.
Company details
CIN history
Bhadla Renewable Power has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74999KA2017FTC173996, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999KA2017FTC173996 | Current |
| U74999UP2017FTC093923 | Previous |
| U74999DL2017FTC332036 | Previous |
Contact details
Bhadla Renewable Power Private Limited's registered office is in Bangalore, Karnataka. Its website is phelanenergygroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressS 2904 29th Floor World Trade Center Brigade Gateway Campus, #26/1 Dr. Rajkumar Road Malleswaram Rajajinagar, Bangalore, Karnataka, India – 560055
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Bhadla Renewable 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
Brands
Bhadla Renewable Power operates one associated brand: Phelan Energy Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops and installs renewable energy solutions like solar PV and green hydrogen worldwide. | phelanenergygroup.com |
Business activity
The main business activity of Bhadla Renewable Power is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Bhadla Renewable Power Private Limited, buy the company report.
Financials of Bhadla Renewable Power Private Limited
FY 2025 filings availableBhadla Renewable Power Private Limited reported revenue of ₹31.47 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 2% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA rose 1% 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 | ₹23.79 Cr | ||||
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| Net Profit (PAT) | ₹85.1 Lakh | ||||
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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 | 75.6% | ||||
| Net Profit Margin | 2.7% | ||||
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To see the full financial statements and ratios of Bhadla Renewable Power Private Limited, buy the company report.
Board of directors of Bhadla Renewable Power Private Limited
Bhadla Renewable Power has 6 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sajida Dilawar Mulani | Director | 20 Nov 2021 | 4 Years 11 Months | Current |
| Atul Kumar Agarwal Also directs: Adyah Solar Energy Private Limited, Anantapur Solar Parks Private Limited, Acme Chittorgarh Solar Energy Private Limited and 5 more | Director | 20 Nov 2021 | 4 Years 11 Months | Current |
| Rohit Chandak | Director | 20 Nov 2021 | 4 Years 11 Months | Current |
| Nishant Kumar | Additional Director | 13 Nov 2025 | 0 Years 11 Months | Current |
| Sonam Sarin | Director | 20 Nov 2021 | 4 Years 11 Months | Current |
| Vaibhav Vijay Karade | Director | 10 Jul 2025 | 1 Years 3 Months | Current |
Auditor
Bhadla Renewable Power Private Limited is audited by S R Batliboi LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R Batliboi LLP | FY 2023 | 301003E/E300005 |
Shareholding
The shareholding of Bhadla Renewable 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Bhadla Renewable Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Dec 2024 | 101027598 | Others | ₹5 Lakh | Open | |
| 04 Mar 2024 | 100887424 | Hdfc Bank Limited | ₹6 Cr | Open | |
| 31 Dec 2020 | 100411933 | Others | ₹212 Cr | Open | |
| 18 Jan 2023 | 100674768 | Others | ₹10.05 Cr | Satisfied | |
| 04 Jul 2018 | 100188950 | Others | ₹192.5 Cr | Satisfied |
To see the full charge records of Bhadla Renewable Power Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Bhadla Renewable Power Private Limited has 9 deals on record (4 convertible or debt financings, 2 secondary share transfers, 2 rights issues), with disclosed funding of ₹61.32 Cr; the latest was in January 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Ayana Renewable Power Private Limited Seller: Phelan Energy Group Limited |
| Nov 2021 | Secondary share transfer | Undisclosed | Buyer: Ayana Renewable Power Private Limited & Shivanand Nimbargi, Ayana Renewable Power Private Limited Seller: Phelan Energy Group Limited, an individual |
| Nov 2021 | Funding round | ₹2.38 Cr | Investors: Phelan Energy Group Limited |
| Jan 2020 | Rights issue | ₹93.5 Lakh | Investors: Phelan Energy Group Limited |
| Jul 2017 | Rights issue | ₹6.25 Cr | Investors: Phelan Energy Group Limited |
To see the full deal history of Bhadla Renewable 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
Bhadla Renewable Power Private Limited has 5 court cases on record: 5 filed by Bhadla Renewable Power. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 2 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Filed by the company against Rajasthan Renewable Energy Corporation Limited and 2 others | Pending |
| High Court of Rajasthan | Interim or miscellaneous application | Filed by the company against Rajasthan Renewable Energy Corporation Limited | Pending |
| High Court of Delhi | Writ petition | Filed by the company against an individual | Disposed |
| High Court of Delhi | Writ petition | Filed by the company against Indusind Bank & Anr. | Disposed |
To see the full case history of Bhadla Renewable 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
Bhadla Renewable Power Private Limited was last rated by Care on 17 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 17 Feb 2022 |
To see the full credit ratings and regulatory alerts of Bhadla Renewable Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bhadla Renewable Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Bhadla Renewable Power Private Limited has a workforce of 1 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Bhadla Renewable Power has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAJCP2363D1ZI | Rajasthan | Active | 08 May 2018 |
To see the full GST registrations and return filing status of Bhadla Renewable Power Private Limited, buy the company report.
Recent activity
Bhadla Renewable Power Private Limited has 18 board changes on record since 2019: 6 appointments and 12 cessations. The latest: Nishant Kumar was appointed as Additional Director on 13 Nov 2025.
18 earlier events are in the company report.
News
Frequently asked questions
Bhadla Renewable Power is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 07 June 2017 (9+ years old) and is registered under CIN U74999KA2017FTC173996.
Bhadla Renewable Power has 6 current directors:
- Sajida Dilawar Mulani - Director
- Atul Kumar Agarwal - Director
- Rohit Chandak - Director
- Nishant Kumar - Additional Director
- Sonam Sarin - Director
- Vaibhav Vijay Karade - Director
The latest financial statements of Bhadla Renewable Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Bhadla Renewable Power is 08AAJCP2363D1ZI, registered in Rajasthan. 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 Bhadla Renewable Power is U74999KA2017FTC173996. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhadla Renewable Power has 5 court cases on record: 5 filed by the company. 2 are pending.
Bhadla Renewable Power was incorporated on 07 June 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
Bhadla Renewable Power has 9 deals on record (4 convertible or debt financings, 2 secondary share transfers, 2 rights issues), with disclosed funding of ₹61.32 Cr; the latest was in January 2022.
Nishant Kumar was appointed as Additional Director on 13 Nov 2025. Vaibhav Vijay Karade ceased to be Additional Director on 28 Sep 2025. Vaibhav Vijay Karade was appointed as Director on 10 Jul 2025. Bhadla Renewable Power has 18 board changes on record in total.
Bhadla Renewable Power can be reached through the website phelanenergygroup.com. Its registered office is in Bangalore, Karnataka, India.
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