Bhashyam Renewable Energy Private Limited
About Bhashyam Renewable Energy Private Limited
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Bhashyam Renewable Energy Private Limited is a private limited company based in Guntur, Andhra Pradesh, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40108AP2012PTC084986. Its GSTIN is 37AASCS6374C1ZW (Andhra Pradesh).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It was formerly known as Savitha Renewable Energy Private Limited. It is led by directors including Ramakrishna Bhashyam (Managing Director) and Peramma Bhashyam.
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 D.No. 4 – 4 – 113 4/1 Chandramouli Nagar, Guntur, Andhra Pradesh, India – 522007.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.87 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹40.89 Lakh (net margin -48.8%) and EBITDA of -₹13.29 Lakh (EBITDA margin -15.8%). Revenue has declined at a compounded annual rate (CAGR) of 39% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹9.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Bhashyam Renewable Energy Private Limited's registered office is in Guntur, Andhra Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressD.No. 4 – 4 – 113 4/1 Chandramouli Nagar, Guntur, Andhra Pradesh, India – 522007
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Bhashyam Renewable Energy 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 Bhashyam Renewable Energy 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 Bhashyam Renewable Energy Private Limited, buy the company report.
Financials of Bhashyam Renewable Energy Private Limited
FY 2024 filings availableBhashyam Renewable Energy Private Limited reported revenue of ₹83.87 Lakh (down 13% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 13% fall in the latest year. EBITDA fell 122% 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
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| EBITDA | -₹13.29 Lakh | ||||
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| Net Profit (PAT) | -₹40.89 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -15.8% | ||||
| Net Profit Margin | -48.8% | ||||
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To see the full financial statements and ratios of Bhashyam Renewable Energy Private Limited, buy the company report.
Board of directors of Bhashyam Renewable Energy Private Limited
Bhashyam Renewable Energy has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramakrishna Bhashyam | Managing Director | 06 Jan 2014 | 12 Years 9 Months | Current |
| Peramma Bhashyam | Director | 06 Jan 2014 | 12 Years 9 Months | Current |
| Lakshmi Prasanna Bhashyam Also directs: Virinchi Publishers Private Limited | Director | 27 Sep 2021 | 5 Years 0 Months | Current |
Peer comparison
Bhashyam Renewable Energy Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Renewable Energy, 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 |
|---|---|---|---|---|---|---|
| Samriddhi Solar Power Private Limited | ₹84.23 Lakh (FY 2018) | 164.0% | Chennai, Tamil Nadu, India | |||
| Bhashyam Renewable Energy Private Limitedthis company | ₹83.87 Lakh (FY 2024) | -₹40.89 Lakh | -48.8% | -13.0% | Guntur, Andhra Pradesh, India | |
| Harikrishnan Power & Technology Private Limited | ₹83.74 Lakh (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Fpel Energia Private Limited | ₹83.59 Lakh (FY 2025) | -65.0% | Hyderabad, Telangana, India | |||
| Solaxon Renewable Energy Private Limited | ₹83.36 Lakh (FY 2023) | -38.0% | Dehradun, Uttarakhand, India |
To see the full peer comparison of Bhashyam Renewable Energy Private Limited, buy the company report.
Auditor
Bhashyam Renewable Energy Private Limited is audited by C.M.RAO&CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C.M.RAO&CO | FY 2017 | 003121S |
Shareholding
The shareholding of Bhashyam Renewable Energy Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
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| Public | |||
| Others |
To see the full shareholding pattern of Bhashyam Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2014 | 10512350 | City Union Bank Limited | ₹9.5 Cr | Open |
To see the full charge records of Bhashyam Renewable Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Bhashyam Renewable Energy 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 Bhashyam Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhashyam Renewable Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AASCS6374C1ZW | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Bhashyam Renewable Energy Private Limited, buy the company report.
Recent activity
Bhashyam Renewable Energy Private Limited has 17 board changes on record since 2013: 3 appointments and 14 cessations. The latest: Lakshmi Prasanna Bhashyam ceased to be Additional Director on 30 Nov 2021.
10 earlier events are in the company report.
Frequently asked questions
Bhashyam Renewable Energy is an active private limited company based in Guntur, Andhra Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 20 December 2012 (14+ years old) and is registered under CIN U40108AP2012PTC084986.
Bhashyam Renewable Energy has 3 current directors:
- Ramakrishna Bhashyam - Managing Director
- Peramma Bhashyam - Director
- Lakshmi Prasanna Bhashyam - Director
The latest financial statements of Bhashyam Renewable Energy 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 Bhashyam Renewable Energy is 37AASCS6374C1ZW, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of Bhashyam Renewable Energy is U40108AP2012PTC084986. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhashyam Renewable Energy was incorporated on 20 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Bhashyam Renewable Energy by revenue are Samriddhi Solar Power Private Limited, Harikrishnan Power & Technology Private Limited, Fpel Energia Private Limited, Solaxon Renewable Energy Private Limited, all in the Cleantech industry (Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Lakshmi Prasanna Bhashyam ceased to be Additional Director on 30 Nov 2021. Lakshmi Prasanna Bhashyam was appointed as Director on 27 Sep 2021. Peramma Bhashyam ceased to be Additional Director on 30 Sep 2014. Bhashyam Renewable Energy has 17 board changes on record in total.
The registered office of Bhashyam Renewable Energy is at D.No. 4 – 4 – 113 41 Chandramouli Nagar, Guntur, Andhra Pradesh, India – 522007.
Bhashyam Renewable Energy operates in the environment industry, in the solar energy solutions segment.
Bhashyam Renewable Energy has open charges of ₹9.5 Cr and no satisfied charges on record as per latest MCA filings.