- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-03-0077497

About Citron Ecopower Private Limited
Data last updated:
Citron Ecopower Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, a subsidiary of Leap Green Energy Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 08 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U40300TZ2016PTC022375. Its GSTIN is 33AAGCC3971P1Z8 (Tamil Nadu).
The company has an authorised share capital of ₹54.5 Cr and a paid-up capital of ₹26.87 Cr. It is led by directors Vijayan Dev Anand and Karthikeyan Rajeev Akshay.
Its last annual general meeting (AGM) was held on 27 November 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Fourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004.
As per the financials filed for FY 2025, the company reported a revenue of ₹72.37 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹24.86 Cr (net margin -34.4%) and EBITDA of ₹41.67 Cr (EBITDA margin 57.6%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹189 Cr and satisfied charges of ₹300 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending. The company has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹112.86 Cr; the latest was in November 2025. Its 5 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Sukavala Renewable Energy Private Limited with revenue of ₹75.82 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier.
Citron Ecopower Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0077497). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website leapgreenenergy.com.
Company details
Recognitions & Rankings of Citron Ecopower
Contact details
Citron Ecopower Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is leapgreenenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFourth Floor Caledon Square Avinashi Road Peelamedu, Coimbatore, Tamil Nadu, India – 641004
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Citron Ecopower 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 Citron Ecopower 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 Citron Ecopower Private Limited, buy the company report.
Financials of Citron Ecopower Private Limited
FY 2025 filings availableCitron Ecopower Private Limited reported revenue of ₹72.37 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 2% growth 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 |
|---|---|---|---|---|---|
| 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 | ₹41.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.86 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 57.6% | ||||
| Net Profit Margin | -34.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Citron Ecopower Private Limited, buy the company report.
Board of directors of Citron Ecopower Private Limited
Citron Ecopower has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayan Dev Anand Also directs: Lilac Ecoenergy Private Limited, Viola Clean Energy Private Limited, Dahlia Green Energy Private Limited and 5 more | Director | 08 Mar 2016 | 10 Years 7 Months | Current |
| Karthikeyan Rajeev Akshay Also directs: Eco Leap Fibers LLP, Rajeev Akshay Karthikeyan & Associates LLP, Nikhila Green LLP and 5 more | Director | 08 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Citron Ecopower Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (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 |
|---|---|---|---|---|---|---|
| Sukavala Renewable Energy Private Limited | ₹75.82 Cr (FY 2025) | -14.0% | Rajkot, Gujarat, India | |||
| Adani Wind Energy Kutchh Five Limited | ₹75.26 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Bidwal Renewable Private Limited | ₹74.2 Cr (FY 2025) | 11.0% | Delhi, India | |||
| Citron Ecopower Private Limitedthis company | ₹72.37 Cr (FY 2025) | -₹24.86 Cr | -34.4% | 2.0% | Coimbatore, Tamil Nadu, India | |
| Ostro Jaisalmer Private Limited | ₹71.95 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Sprng Vayu Vidyut Private Limited | ₹71.22 Cr (FY 2025) | 16800.0% | New Delhi, Delhi, India |
To see the full peer comparison of Citron Ecopower Private Limited, buy the company report.
Auditor
Citron Ecopower Private Limited is audited by Deloitte Haskins & Sells for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2023 | 008072S |
Shareholding
The shareholding of Citron Ecopower 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 Citron Ecopower Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2024 | 100929701 | Others | ₹189 Cr | Open | |
| 14 Dec 2016 | 100066071 | Idbi Trusteeship Services Limited | ₹300 Cr | Satisfied |
To see the full charge records of Citron Ecopower Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Citron Ecopower Private Limited has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹112.86 Cr; the latest was in November 2025.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Secondary share transfer | Undisclosed | Buyer: Leap Green Energy Private Limited & Rajeev Akshay Karthikeyan, Avtec Limited , Rare SS Properties India Private Limited Seller: Oriental Hotels Limited , Others -Citron Ecopower Private Limited, Premier Enterprises, an individual |
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: Sac Engine Components Private Limited , Stellantis Avtec Powertrain India Private Limited , Premier Enterprises, an individual Seller: Shree Raam Mills, Supreme Mills India Private Limited , 2 individuals |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Apollo Hospitals Enterprise Limited Seller: Apollo Hospitals Enterprise Limited (HTSC No 2462) |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: Shri Vishnu Perumal Spin Yarn Private Limited, Sac Engine Components Private Limited , Apollo Hospitals Enterprise Limited Seller: Shri Vishnu Perumal Spin Yarn Private Limited (HTSC No 117), 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: VSM Fabrics Private Limited Seller: Avtec Limited |
To see the full deal history of Citron Ecopower 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
Citron Ecopower Private Limited has 4 court cases on record: 2 filed by Citron Ecopower, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Tirunelveli, Tamil Nadu | Civil suit | Filed against the company | Pending |
| District court, Tirunelveli, Tamil Nadu | Civil suit | Filed against the company | Disposed |
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed by the company against Tamil Nadu Generation and Distribution Corporation Ltd and 3 others | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed by the company against Tamil Nadu Generation and Distribution Corporation Ltd and 3 others | Disposed |
To see the full case history of Citron Ecopower 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
Citron Ecopower Private Limited was last rated by Indiarating on 21 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 21 May 2021 |
To see the full credit ratings and regulatory alerts of Citron Ecopower Private Limited, buy the company report.
MSME payment delays
Citron Ecopower Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Leap Green Energy Private Limited |
To see the full MSME payment records of Citron Ecopower Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Citron Ecopower has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCC3971P1Z8 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Citron Ecopower Private Limited, buy the company report.
Recent activity
Citron Ecopower Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Manoj Khagendra Shah ceased to be Company Secretary on 25 Sep 2024.
4 earlier events are in the company report.
News
Frequently asked questions
Citron Ecopower is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 08 March 2016 (10+ years old) and is registered under CIN U40300TZ2016PTC022375.
Citron Ecopower has 2 current directors:
- Vijayan Dev Anand - Director
- Karthikeyan Rajeev Akshay - Director
The latest financial statements of Citron Ecopower on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 November 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Citron Ecopower is 33AAGCC3971P1Z8, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Citron Ecopower is U40300TZ2016PTC022375. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Citron Ecopower has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Citron Ecopower was incorporated on 08 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Coimbatore.
Citron Ecopower has 7 deals on record (5 secondary share transfers, 2 funding rounds), with disclosed funding of ₹112.86 Cr; the latest was in November 2025.
The peers of Citron Ecopower by revenue are Sukavala Renewable Energy Private Limited, Adani Wind Energy Kutchh Five Limited, Bidwal Renewable Private Limited, Ostro Jaisalmer Private Limited, Sprng Vayu Vidyut Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Manoj Khagendra Shah ceased to be Company Secretary on 25 Sep 2024. Ankit Goel ceased to be Nominee Director on 05 Jul 2024. Karthikeyan Rajeev Akshay ceased to be Whole-Time Director on 05 Dec 2018. Citron Ecopower has 8 board changes on record in total.
Yes, Citron Ecopower is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-03-0077497).
Citron Ecopower has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 06 Jun 2022.