MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-05-0025078
Brics Renewable Energy Private Limited
Brics Renewable Energy Private Limited - environment in Shiggaon, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.09 Cr
▲ 149% YoY
Net profit · FY 2024
₹2.61 Cr
Net margin 51.4%
EBITDA · FY 2024
₹4.57 Cr
EBITDA margin 89.8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4.8 Lakh
Issued & subscribed
Open charges
₹913.1 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Brics Renewable Energy Private Limited
Data last updated:
Brics Renewable Energy Private Limited is a private limited company based in Shiggaon, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 05 May 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35105KA2011PTC133063. Its GSTIN is 29AAFCB0842D1Z0 (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4.8 Lakh. It is led by directors including Chandramouleeswaran Thiagarajan and Kannaiha Naidu Chakkaravarthi.
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 No.2898/2 1st Floor Ward No.5 Bus Stand Road, Shiggaon, Karnataka, India – 581205.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.09 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net profit of ₹2.61 Cr (net margin 51.4%) and EBITDA of ₹4.57 Cr (EBITDA margin 89.8%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 24% over five years.
As per MCA filings, the company has open charges of ₹913.1 Cr on record. Court records list 12 cases involving the company, including 3 filed by the company and 9 filed against it; 3 cases are pending. The company has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹3.25 Cr; the latest was in March 2017. Its 6 peer companies in the Cleantech industry (Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 3 smaller; the largest is N K C M Developers Private Limited with revenue of ₹5.11 Cr.
Brics Renewable Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-05-0025078). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U35105KA2011PTC133063
Registration Number 133063
Incorporation Date 05 May 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-05-0025078
CIN history
Brics Renewable Energy has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35105KA2011PTC133063, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105KA2011PTC133063 | Current |
| U40100KA2011PTC133063 | Previous |
| U40100TN2011PTC080491 | Previous |
| U40108TN2011PTC080491 | Previous |
Key People
Chandramouleeswaran Thiagarajan Director Shashi Kad Additional Director Kannaiha Naidu Chakkaravarthi Director Recognitions & Rankings of Brics Renewable Energy
Contact details
Brics Renewable Energy Private Limited's registered office is in Shiggaon, Karnataka.
- Registered AddressNo.2898/2 1st Floor Ward No.5 Bus Stand Road, Shiggaon, Karnataka, India – 581205
- IndustryEnvironment, Solar Energy Solutions
Comprehensive company report
Brics Renewable Energy Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Brics 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 Brics Renewable Energy Private Limited, buy the company report.
Financials of Brics Renewable Energy Private Limited
FY 2024 filings availableBrics Renewable Energy Private Limited reported revenue of ₹5.09 Cr (up 149% YoY) for FY 2024.
Revenue · FY 2024
₹5.09 Cr ▲ 149%
Net profit · FY 2024
₹2.61 Cr margin 51.4%
EBITDA · FY 2024
₹4.57 Cr margin 89.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 149%
3 years · compounded
▲ 33%
5 years · compounded
▲ 24%
EBITDA CAGR growth
1 year
▲ 515%
3 years · compounded
▲ 40%
5 years · compounded
▲ 50%
Revenue has grown at a compounded annual rate (CAGR) of 24% over five years, including 149% growth in the latest year. EBITDA rose 515% 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 | ₹4.57 Cr | ||||
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| Net Profit (PAT) | ₹2.61 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 89.8% | ||||
| Net Profit Margin | 51.4% | ||||
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To see the full financial statements and ratios of Brics Renewable Energy Private Limited, buy the company report.
Board of directors of Brics Renewable Energy Private Limited
Brics Renewable Energy has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandramouleeswaran Thiagarajan Also directs: Brics Solar Power LLP, Bee Solar Energy LLP, Aavanti Renewable Energy Private Limited and 5 more | Director | 31 Aug 2024 | 2 Years 1 Months | Current |
| Shashi Kad Also directs: Easeregtech LLP, Colorme Wild Creations Private Limited | Additional Director | 12 Jun 2025 | 1 Years 4 Months | Current |
| Kannaiha Naidu Chakkaravarthi | Director | 07 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Brics Renewable Energy Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| N K C M Developers Private Limited | ₹5.11 Cr (FY 2025) | -4.0% | Erode, Tamil Nadu, India | |||
| Shulin Solar Power Private Limited | ₹5.09 Cr (FY 2024) | 107.0% | Hyderabad, Telangana, India | |||
| Centaurus Green Energy Private Limited | ₹5.09 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Brics Renewable Energy Private Limitedthis company | ₹5.09 Cr (FY 2024) | ₹2.61 Cr | 51.4% | 149.0% | Shiggaon, Karnataka, India | |
| Radiance MH Sunrise Four Private Limited | ₹5.04 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Skpms Solar Power Gen Private Limited | ₹5.04 Cr (FY 2024) | 768.0% | Tirunelveli, Tamil Nadu, India | |||
| Mokia Green Energy Private Limited | ₹5.03 Cr (FY 2025) | 4.0% | Greater Noida, Uttar Pradesh, India |
To see the full peer comparison of Brics Renewable Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹913.1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Sep 2024 | 100992685 | Others | ₹307.51 Cr | Open | |
| 27 Mar 2024 | 100904238 | Others | ₹105.72 Cr | Open | |
| 27 Mar 2024 | 100904240 | Others | ₹95.67 Cr | Open | |
| 27 Mar 2024 | 100904242 | Others | ₹96.69 Cr | Open | |
| 27 Mar 2024 | 100904304 | Others | ₹307.51 Cr | Open |
To see the full charge records of Brics Renewable Energy Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Brics Renewable Energy Private Limited has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹3.25 Cr; the latest was in March 2017.
Total deals
2
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹3.25 Cr
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2016 | Secondary share transfer | Undisclosed | Buyer: Samriddhi Energy Private Limited , Opg Power Generation Private Limited Seller: 2 individuals |
To see the full deal history of Brics Renewable Energy 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
Brics Renewable Energy Private Limited has 12 court cases on record: 3 filed by Brics Renewable Energy, 9 filed against it. 3 cases are pending and 9 are disposed.
Total cases
12
Filed by the company
3
Filed against the company
9
Pending
3
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 8 | 3 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed against the company by Bangalore Electricity Supply Company Limited and 1 other | Disposed |
| Madras High Court | Writ petition | Filed by the company against Union of India Through the Secretary, | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Union of India Through the Secretary, | Pending |
| High Court, TAMIL NADU | Original application | Filed against the company by Ibc Solar Ventures India B.V | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed against the company by Ibc Solar Ventures India B.V | Disposed |
To see the full case history of Brics Renewable Energy 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
Brics Renewable Energy Private Limited was last rated by Care on 09 Jan 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 09 Jan 2026 |
To see the full credit ratings and regulatory alerts of Brics Renewable Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Brics Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Brics Renewable Energy has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCB0842D1Z0 | Karnataka | Active | 18 Oct 2017 |
To see the full GST registrations and return filing status of Brics Renewable Energy Private Limited, buy the company report.
Recent activity
Brics Renewable Energy Private Limited has 15 board changes on record since 2016: 3 appointments and 12 cessations. The latest: Shashi Kad was appointed as Additional Director on 12 Jun 2025.
Appointed
Shashi Kad was appointed as Additional Director.
Charges
A charge with Others of Rs. 30,751.00 Lakh registered on 27 Mar 2024 with Charge ID 100904304 was modified on 23 Oct 2024.
AGM
Brics Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Chandramouleeswaran Thiagarajan ceased to be Additional Director.
Ceased
Kannaiha Naidu Chakkaravarthi ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 30,751.00 Lakh with Charge ID 100992685 was registered on 26 Sep 2024.
Appointed
Kannaiha Naidu Chakkaravarthi was appointed as Director.
Appointed
Chandramouleeswaran Thiagarajan was appointed as Director.
Filing
Brics Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 10,572.00 Lakh with Charge ID 100904238 was registered on 27 Mar 2024.
Charges
A charge with Others amounted to Rs. 9,567.00 Lakh with Charge ID 100904240 was registered on 27 Mar 2024.
Charges
A charge with Others amounted to Rs. 9,669.00 Lakh with Charge ID 100904242 was registered on 27 Mar 2024.
12 earlier events are in the company report.
Frequently asked questions
Brics Renewable Energy is an active private limited company based in Shiggaon, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 05 May 2011 (15+ years old) and is registered under CIN U35105KA2011PTC133063.
Brics Renewable Energy has 3 current directors:
- Chandramouleeswaran Thiagarajan - Director
- Shashi Kad - Additional Director
- Kannaiha Naidu Chakkaravarthi - Director
The latest financial statements of Brics 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 Brics Renewable Energy is 29AAFCB0842D1Z0, registered in Karnataka. 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 Brics Renewable Energy is U35105KA2011PTC133063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Brics Renewable Energy has 12 court cases on record: 3 filed by the company and 9 filed against it. 3 are pending. Most are in the high courts.
Brics Renewable Energy was incorporated on 05 May 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Brics Renewable Energy has 2 deals on record (1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹3.25 Cr; the latest was in March 2017.
The peers of Brics Renewable Energy by revenue are N K C M Developers Private Limited, Shulin Solar Power Private Limited, Centaurus Green Energy Private Limited, Radiance MH Sunrise Four Private Limited, Skpms Solar Power Gen Private Limited and 1 more, all in the Cleantech industry (Renewable Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Shashi Kad was appointed as Additional Director on 12 Jun 2025. Chandramouleeswaran Thiagarajan ceased to be Additional Director on 29 Sep 2024. Kannaiha Naidu Chakkaravarthi ceased to be Additional Director on 29 Sep 2024. Brics Renewable Energy has 15 board changes on record in total.
Yes, Brics Renewable Energy is registered as a small enterprise under Udyam registration (number: UDYAM-KR-05-0025078).