About DB Renews Private Limited
Data last updated:
DB Renews Private Limited is a private limited company based in Belgaum, Karnataka, India, a subsidiary of Doddanavar Global Energy Private Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31908KA2011PTC061246. Its GSTIN is 29AAQCS8183D1ZQ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹34.51 Cr. It was formerly known as Sinovel Db India Private Limited. It is led by directors including Vinod Pushpadant Doddanavar (Managing Director) and Praveen Vrishabhanath Doddanavar.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Doddanavar Brothers Corporate Office 738/1 Near 3rd Gate Khanapur Road, Belgaum, Karnataka, India – 590008.
As per the financials filed for FY 2025, the company reported a revenue of ₹24.5 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.63 Cr (net margin 6.7%) and EBITDA of ₹21.94 Cr (EBITDA margin 89.6%).
As per MCA filings, the company has open charges of ₹138.7 Cr on record. Court records list 4 cases involving the company, including 4 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website doddanavarbrothers.com.
Company details
Contact details
DB Renews Private Limited's registered office is in Belgaum, Karnataka. Its website is doddanavarbrothers.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoddanavar Brothers Corporate Office 738/1 Near 3rd Gate Khanapur Road, Belgaum, Karnataka, India – 590008
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of DB Renews 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 DB Renews is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of DB Renews Private Limited, buy the company report.
Financials of DB Renews Private Limited
FY 2025 filings availableDB Renews Private Limited reported revenue of ₹24.5 Cr (up 1728% YoY) for FY 2025.
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 | ₹21.94 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.63 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 | 89.6% | ||||
| Net Profit Margin | 6.7% | ||||
| 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 DB Renews Private Limited, buy the company report.
Board of directors of DB Renews Private Limited
DB Renews has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Vrishabhanath Doddanavar Also directs: Touchstone Granites Private Limited, Tris Mining Private Limited, Eco Cane Sugar Energy Limited and 2 more | Director | 23 Mar 2012 | 14 Years 7 Months | Current |
| Vinod Pushpadant Doddanavar Also directs: Touchstone Granites Private Limited, Tris Mining Private Limited, Eco Cane Sugar Energy Limited and 2 more | Managing Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Ramesh Pushpadant Doddanavar Also directs: Eco Cane Sugar Energy Limited, Shiraguppi Sugar Works Limited, Doddanavar Global Energy Private Limited and 1 more | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Pushpadant Parisappa Doddanavar Also directs: Doddanavar Global Energy Private Limited | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
| Vrishabhanath Parisappa Doddanavar Also directs: Doddanavar Global Energy Private Limited | Director | 01 Oct 2019 | 7 Years 0 Months | Current |
Auditor
DB Renews Private Limited is audited by RAJENDRA SANJEEV & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJENDRA SANJEEV & CO | FY 2022 | 003461S |
Shareholding
The shareholding of DB Renews 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 DB Renews Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2025 | 101047746 | Hdfc Bank Limited | ₹19.87 Lakh | Open | |
| 10 Aug 2022 | 100611605 | Others | ₹138.5 Cr | Open |
To see the full charge records of DB Renews Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
DB Renews Private Limited has 4 court cases on record: 4 filed by DB Renews. 3 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 3 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Mangalore Electricity Supply Company Limited (Mescom) and 3 others | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 2 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against Hubli Electricity Supply Company Limited (Hescom) and 5 others | Pending |
| High Court | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited and 2 others | Disposed |
To see the full case history of DB Renews 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
No delayed payments to MSME suppliers are on our record for DB Renews Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
DB Renews has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS8183D1ZQ | Karnataka | Active | 20 Dec 2019 |
To see the full GST registrations and return filing status of DB Renews Private Limited, buy the company report.
Recent activity
DB Renews Private Limited has 13 board changes on record since 2012: 5 appointments and 8 cessations. The latest: Shankar Virupaxi Nesargi ceased to be CEO on 31 Dec 2024.
7 earlier events are in the company report.
Frequently asked questions
DB Renews is an active private limited company based in Belgaum, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 November 2011 (15+ years old) and is registered under CIN U31908KA2011PTC061246.
DB Renews has 5 current directors:
- Vinod Pushpadant Doddanavar - Managing Director
- Praveen Vrishabhanath Doddanavar - Director
- Ramesh Pushpadant Doddanavar - Director
- Pushpadant Parisappa Doddanavar - Director
- Vrishabhanath Parisappa Doddanavar - Director
The latest financial statements of DB Renews on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of DB Renews is 29AAQCS8183D1ZQ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of DB Renews is U31908KA2011PTC061246. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
DB Renews has 4 court cases on record: 4 filed by the company. 3 are pending.
DB Renews was incorporated on 18 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
Shankar Virupaxi Nesargi ceased to be CEO on 31 Dec 2024. Vinod Pushpadant Doddanavar ceased to be Director on 01 Jan 2022. Praveen Vrishabhanath Doddanavar ceased to be Director on 31 Dec 2021. DB Renews has 13 board changes on record in total.
DB Renews can be reached through the website doddanavarbrothers.com. Its registered office is in Belgaum, Karnataka, India.
The registered office of DB Renews is at Doddanavar Brothers Corporate Office 7381 Near 3rd Gate Khanapur Road, Belgaum, Karnataka, India – 590008.