About Continuum MP Windfarm Development Private Limited
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Continuum MP Windfarm Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Continuum Green Energy (India) Private. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 02 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2015PTC266226. Its GSTIN is 23AAGCC1039G2Z4 (Madhya Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹432.83 Cr and a paid-up capital of ₹332.22 Cr. It is led by directors including Aishwarya Srinivasan and Margaux Louise Lekkerkerker.
Its last annual general meeting (AGM) was held on 17 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 402 & 404 Delphi C Wing Hiranandani Business Park Orchard Avenue Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹132.85 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹50.38 Cr (net margin -37.9%) and EBITDA of ₹83.23 Cr (EBITDA margin 62.6%). Revenue has grown at a compounded annual rate (CAGR) of 515% over three years and 185% over five years.
As per MCA filings, the company has open charges of ₹1,075 Cr and satisfied charges of ₹10.84 Cr on record. Court records list 20 cases involving the company, including 20 filed against it; 1 case is pending. The company has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹60.29 Cr; the latest was in November 2024. Its 3 peer companies in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 2 smaller; the largest is Ostro Madhya Wind Private Limited with revenue of ₹133.4 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 4 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 continuumenergy.in.
Company details
Contact details
Continuum MP Windfarm Development Private Limited's registered office is in Mumbai, Maharashtra. Its website is continuumenergy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address402 & 404 Delphi C Wing Hiranandani Business Park Orchard Avenue Powai, Mumbai, Maharashtra, India – 400076
- IndustryEnvironment, Wind Energy Solutions, Solar Energy Solutions
To see the full contact details of Continuum MP Windfarm Development 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 Continuum MP Windfarm Development 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 Continuum MP Windfarm Development Private Limited, buy the company report.
Financials of Continuum MP Windfarm Development Private Limited
FY 2025 filings availableContinuum MP Windfarm Development Private Limited reported revenue of ₹132.85 Cr (up 390% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 185% over five years, including 390% 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 |
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| EBITDA | ₹83.23 Cr | ||||
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| Net Profit (PAT) | -₹50.38 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 62.6% | ||||
| Net Profit Margin | -37.9% | ||||
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To see the full financial statements and ratios of Continuum MP Windfarm Development Private Limited, buy the company report.
Board of directors and KMP of Continuum MP Windfarm Development Private Limited
Continuum MP Windfarm Development Private Limited currently reports 6 directors and 1 key managerial person. 17 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aishwarya Srinivasan Also directs: Jamnagar Renewables One Private Limited, Continuum Green Energy Limited, Cge Renewables Private Limited and 5 more | Director | 06 Jun 2025 | 1 Years 5 Months | Current |
| Margaux Louise Lekkerkerker | Director | 10 Jan 2023 | 3 Years 9 Months | Current |
| Dhananjay Balwant Joshi Also directs: Continuum Power Trading (TN) Private Limited, Morjar Renewables Private Limited, Cge Hybrid Energy Private Limited and 5 more | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Nilesh Ramesh Patil Also directs: Uttar Urja Projects Private Limited, Morjar Renewables Private Limited, Cge Hybrid Energy Private Limited and 5 more | Cfo | 11 Aug 2025 | 1 Years 2 Months | Current |
| Joris Reinier Mattheus Rademakers | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Girija Krishan Varma Also directs: Continuum Green Energy Limited, Morjar Renewables Private Limited, Cge Hybrid Energy Private Limited and 5 more | Director | 28 Nov 2024 | 1 Years 11 Months | Current |
Peer comparison
Continuum MP Windfarm Development Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power, 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 |
|---|---|---|---|---|---|---|
| Ostro Madhya Wind Private Limited | ₹133.4 Cr (FY 2025) | -4.0% | New Delhi, Delhi, India | |||
| Continuum MP Windfarm Development Private Limitedthis company | ₹132.85 Cr (FY 2025) | -₹50.38 Cr | -37.9% | 390.0% | Mumbai, Maharashtra, India | |
| Ostro Urja Wind Private Limited | ₹132.7 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Renew Wind Energy (Rajasthan 3) Private Limited | ₹131.6 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India |
To see the full peer comparison of Continuum MP Windfarm Development Private Limited, buy the company report.
Auditor
Continuum MP Windfarm Development Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Continuum MP Windfarm Development 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Continuum MP Windfarm Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2023 | 100846161 | Hdfc Bank Limited | ₹35 Cr | Open | |
| 29 Nov 2022 | 100650715 | Others | ₹1,040 Cr | Open | |
| 20 Sep 2019 | 100291129 | State Bank of India | ₹57.06 Lakh | Satisfied | |
| 20 Aug 2019 | 100283886 | State Bank of India | ₹41.7 Lakh | Satisfied | |
| 05 Jul 2019 | 100274715 | State Bank of India | ₹4.08 Cr | Satisfied |
To see the full charge records of Continuum MP Windfarm Development Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Continuum MP Windfarm Development Private Limited has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹60.29 Cr; the latest was in November 2024.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2024 | Funding round | ₹6.38 Cr | Investors: Heidelbergcement India Limited. |
| Aug 2024 | Funding round | ₹13.92 Cr | Investors: Rccpl Private Limited |
| Jul 2019 | Funding round | ₹40 Cr | Investors: DJ Energy Private Limited , Uttar Urja Projects Private Limited |
| Sep 2016 | Secondary share transfer | Undisclosed | Buyer: Continuum Wind Energy (India) Private Limited & Trinethra Wind and Hydro Power Private Limited Seller: Continuum Wind Energy India Private Limited and Maharastra Revangaon Windfarm Development Private Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Continuum Wind Energy India Private Limited and Maharastra Revangaon Windfarm Development Private Limited Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Continuum MP Windfarm Development Private Limited has 20 court cases on record: 20 filed against it. 1 case is pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 20 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ratlam, Madhya Pradesh | Court case (RCS A) | Filed against the company | Pending |
| District court, Mandsaur, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
| District court, Mandsaur, Madhya Pradesh | Court case (RCS A) | Filed against the company by an individual | Disposed |
To see the full case history of Continuum MP Windfarm Development 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.
MSME payment delays
Continuum MP Windfarm Development Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pilania Road Carriers | |||
| Etap Automation Private Limited | |||
| Metastar Infra Private Limited | |||
| Popular Switchgears Private Limited |
To see the full MSME payment records of Continuum MP Windfarm Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Continuum MP Windfarm Development has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAGCC1039G2Z4 | Madhya Pradesh | Active | 05 Jun 2021 |
| 24AAGCC1039G1Z3 | Gujarat | Active | 18 Apr 2024 |
To see the full GST registrations and return filing status of Continuum MP Windfarm Development Private Limited, buy the company report.
Recent activity
Continuum MP Windfarm Development Private Limited has 24 board changes on record since 2015: 7 appointments and 17 cessations. The latest: Nilesh Ramesh Patil was appointed as CFO on 11 Aug 2025.
31 earlier events are in the company report.
News
Frequently asked questions
Continuum MP Windfarm Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 02 July 2015 (11+ years old) and is registered under CIN U74900MH2015PTC266226.
Continuum MP Windfarm Development has 7 current directors and KMP:
- Aishwarya Srinivasan - Director
- Margaux Louise Lekkerkerker - Director
- Dhananjay Balwant Joshi - Director
- Joris Reinier Mattheus Rademakers - Director
- Girija Krishan Varma - Director
- Nandiwada Venkatesan Venkataramanan - Director
- Nilesh Ramesh Patil - Cfo
The latest financial statements of Continuum MP Windfarm Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 June 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Continuum MP Windfarm Development is 23AAGCC1039G2Z4, registered in Madhya Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAGCC1039G1Z3 (Gujarat).
The CIN (Corporate Identification Number) of Continuum MP Windfarm Development is U74900MH2015PTC266226. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Continuum MP Windfarm Development has 20 court cases on record: 20 filed against it. 1 is pending.
Continuum MP Windfarm Development was incorporated on 02 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Continuum MP Windfarm Development has 5 deals on record (3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹60.29 Cr; the latest was in November 2024.
The peers of Continuum MP Windfarm Development by revenue are Ostro Madhya Wind Private Limited, Ostro Urja Wind Private Limited, Renew Wind Energy (Rajasthan 3) Private Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Nilesh Ramesh Patil was appointed as CFO on 11 Aug 2025. Aishwarya Srinivasan ceased to be Additional Director on 16 Jun 2025. Girija Krishan Varma ceased to be Additional Director on 16 Jun 2025. Continuum MP Windfarm Development has 24 board changes on record in total.
Continuum MP Windfarm Development has 3 MSME Form 1 returns on record between 2023 and 2024, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 25 Apr 2024.
Continuum MP Windfarm Development can be reached through the website continuumenergy.in. Its registered office is in Mumbai, Maharashtra, India.
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