About Claro Energy Limited
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Claro Energy Limited is a public limited company based in New, Delhi, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 15 January 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2011PLC212623. Its GSTIN is 07AAECC3356Q1Z8 (Delhi). The company holds 18 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹71.5 Lakh and a paid-up capital of ₹63.15 Lakh. It is led by directors including Kartik Wahi and Gaurav Kumar.
Its last annual general meeting (AGM) was held on 30 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 196 Second Floor Saket, New, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.65 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 2.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 3.9%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 10% over five years.
The company is associated with 1 brand: Claro Energy. As per MCA filings, the company has open charges of ₹28.8 Cr and satisfied charges of ₹28.35 Cr on record. Court records list 17 cases involving the company, including 5 filed by the company and 12 filed against it; 6 cases are pending. The company has 16 deals on record (8 secondary share transfers, 5 funding rounds, 2 debt financings), with disclosed funding of ₹72.6 Cr; the latest was in October 2025. Its 10 peer companies in the Cleantech industry (Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Nellai Renewables Private Limited. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 47 overdue payments to 38 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website claroenergy.in.
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- Social Media
- Registered AddressD – 196 Second Floor Saket, New, Delhi, India – 110017
- 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 Claro Energy Limited
The main business activity of Claro Energy is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | 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 Claro Energy Limited FY 2024 filings available
Claro Energy Limited reported revenue of ₹38.65 Cr (up 30% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Claro Energy Limited
Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 10%. EBITDA fell 87% 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 Claro Energy 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 | ₹1.49 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 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 of Claro Energy Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Claro Energy are in the company report.
Financial statements from 2015
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 Claro Energy Limited
Claro Energy Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nellai Renewables Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Solarfield Energy Two Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Abrel Solar Power Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Acme Raipur Solar Power Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Azure Power Infrastructure Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Claro Energy Limited this company | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Avaada Mhkhamgaon Private Limited | •••• | •••• | •••• | •••• | - | Noida, Uttar Pradesh, India |
| Amplus Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| First Energy 3 Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Gale Solarfarms Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Sand Land Real Estates Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Claro Energy by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Claro Energy Limited
Claro Energy has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartik Wahi Also directs: F&V Agri Technologies Private Limited | Director | 15 Jan 2011 | 15 Years 8 Months | Current |
| Rajesh Mishra Also directs: Mers India Consulting LLP | Additional Director | 06 Jan 2026 | 0 Years 9 Months | Current |
| Gaurav Kumar | Director | 02 Sep 2011 | 15 Years 1 Months | Current |
Charges & Borrowings of Claro Energy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2024 | Bank of India | ₹26.95 Lakh | Open |
| 06 Feb 2017 | State Bank of India | ₹28 Cr | Open |
| 17 Oct 2014 | Others | ₹53 Lakh | Open |
| 25 Jan 2025 | Others | ₹20 Cr | Satisfied |
| 25 Sep 2024 | Others | ₹47.36 Lakh | Satisfied |
Total charge records: 9 View all charges
Deals & Funding of Claro Energy Limited
Claro Energy Limited has 16 deals on record (8 secondary share transfers, 5 funding rounds, 2 debt financings), with disclosed funding of ₹72.6 Cr; the latest was in October 2025.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Funding round | ₹35.12 Cr | Investors: Perfect Homfin Private Limited , Elara Capital, Mehak Finpro (India) Private Limited , an individual |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Perfect Homfin Private Limited Seller: an individual |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Mehak Finpro (India) Private Limited Seller: an individual |
| Mar 2025 | Secondary share transfer | Undisclosed | Buyer: Perfect Homfin Private Limited , Mehak Finpro (India) Private Limited , 2 individuals Seller: 4 individuals |
| Sep 2024 | Funding round | ₹18.5 Cr | Investors: 4 individuals |
Full deal history
All 16 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Claro Energy Limited
Claro Energy Limited has 17 court cases on record: 5 filed by Claro Energy, 12 filed against it. 6 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 9 | 9 | 3 |
| High courts | 4 | 1 | 1 |
| District courts | 3 | 2 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Modern Solar Private Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Modern Solar Private Limited | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Meghdoot Leisure LLP | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by Modern Solar Private Limited | Disposed |
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by State of Up | Pending |
Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Claro Energy Limited
Claro Energy Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 47 overdue payments to 38 micro and small suppliers. 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 (5 of 38)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Remedies Earthing Systems Private Limited | •••• | •••• | •••• |
| Ecozen Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Synergy Telecom Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Claro Energy Limited
Claro Energy operates one associated brand: Claro Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar powered water pumping solutions | claroenergy.in |
Employees and EPFO Compliance at Claro Energy Limited
Employment history and EPFO contributions of people linked to Claro Energy.
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.
CIN History of Claro Energy Limited
Claro Energy has one previous CIN (Corporate Identification Number): U40106DL2011PTC212623. The current CIN is U40106DL2011PLC212623, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106DL2011PLC212623 | Current |
| U40106DL2011PTC212623 | Previous |
News related to Claro Energy Limited
Recent Activity on Claro Energy Limited
Claro Energy Limited has 9 board changes on record since 2011: 3 appointments and 6 cessations. The latest: Rajesh Mishra was appointed as Additional Director on 06 Jan 2026.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Claro Energy 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.
Subsidiaries & Group Companies of Claro Energy 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 Claro Energy Limited
Claro Energy has 18 GST registrations: 15 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAECC3356Q1Z8 | Delhi | Active | 01 Jul 2017 |
| 07AAHCC2459H1ZM | Delhi | Active | 15 Jan 2018 |
| 07AAECC3356Q2Z7 | Delhi | Active | 01 Mar 2025 |
| 06AAECC3356Q1ZA | Haryana | Active | 01 Jul 2017 |
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 Claro Energy 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 Claro Energy Limited
Claro Energy is an active public limited company based in New, Delhi, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 15 January 2011 (15+ years old) and is registered under CIN U40106DL2011PLC212623.
Claro Energy reported revenue of ₹38.65 Cr for FY 2024 (up 30% YoY).
Claro Energy has 3 current directors:
- Kartik Wahi - Director
- Rajesh Mishra - Additional Director
- Gaurav Kumar - Director
Claro Energy reported a net profit of ₹1.02 Cr (net margin 2.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 3.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Claro Energy is -4% over three years and -10% over five years. In the latest year (FY 2024) revenue rose 30%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Claro Energy is 07AAECC3356Q1Z8, registered in Delhi. The company has 18 GST registrations in all, of which 15 are active and 3 are cancelled or inactive. Other active GSTINs include 07AAHCC2459H1ZM (Delhi), 07AAECC3356Q2Z7 (Delhi), 06AAECC3356Q1ZA (Haryana).
The CIN (Corporate Identification Number) of Claro Energy is U40106DL2011PLC212623. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Claro Energy has 17 court cases on record: 5 filed by the company and 12 filed against it. 6 are pending. Most are in the nclat.
Claro Energy was incorporated on 15 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Claro Energy has 16 deals on record (8 secondary share transfers, 5 funding rounds, 2 debt financings), with disclosed funding of ₹72.6 Cr; the latest was in October 2025.
The peers of Claro Energy by revenue are Nellai Renewables Private Limited, Solarfield Energy Two Private Limited, Abrel Solar Power Limited, Acme Raipur Solar Power Private Limited, Azure Power Infrastructure Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Rajesh Mishra was appointed as Additional Director on 06 Jan 2026. Dhara Jitendra Mehta ceased to be Nominee Director on 10 Jun 2021. Kishorkumar Mohan Lal Raichandani ceased to be Nominee Director on 31 Jul 2019. Claro Energy has 9 board changes on record in total.