About Essar Future Energy Limited
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Essar Future Energy Limited is a public limited company based in Jamnagar, Gujarat, India, a subsidiary of Essar Electric Power Development Corporation Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 20 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2019PLC145669. Its GSTIN is 27AASCA3029J1ZE (Maharashtra).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Mahan Energy Limited and Renjoules International Limited. It is led by directors including Vidur Gupta and Bhuwan Chandra Tripathi.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Salaya Administrative Building 44Km Jamnagar Okha Highway, Post Box No.7 At Post Khambaliya Dwarka, Gujarat, India – 361305.
As per the financials filed for FY 2024, the company reported a revenue of ₹48,000, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹9.4 Cr and EBITDA of -₹9.41 Cr. Revenue has declined at a compounded annual rate (CAGR) of 63% over three years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website essarpower.co.in.
Company details
Name history
Essar Future Energy has undergone 4 name changes throughout its history. The current legal name is Essar Future Energy Limited.
| Company Name | Status |
|---|---|
| Essar Future Energy Limited | Current |
| Mahan Energy Limited | Previous |
| Renjoules International Limited | Previous |
| Adorn Power Limited | Previous |
| Clean Joules International Limited | Previous |
CIN history
Essar Future Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U24100GJ2019PLC145669, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100GJ2019PLC145669 | Current |
| U40300MH2019PLC325594 | Previous |
| U24100MH2019PLC325594 | Previous |
Contact details
Essar Future Energy Limited's registered office is in Jamnagar, Gujarat. Its website is essarpower.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSalaya Administrative Building 44Km Jamnagar Okha Highway, Post Box No.7 At Post Khambaliya Dwarka, Gujarat, India – 361305
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Essar Future Energy 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
Financials of Essar Future Energy Limited
FY 2025 filings availableEssar Future Energy Limited reported revenue of ₹48,000 (down 98% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over three years, including a 98% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹48,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹9.4 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
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To see the full financial statements and ratios of Essar Future Energy Limited, buy the company report.
Board of directors and KMP of Essar Future Energy Limited
Essar Future Energy Limited currently reports 3 directors and 1 key managerial person. 9 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidur Gupta | Director | 16 May 2024 | 2 Years 5 Months | Current |
| Bhuwan Chandra Tripathi Also directs: Deepak Fertilisers and Petrochemicals Corporation Ltd, Deepak Mining Solutions Limited, Performance Chemiserve Limited and 4 more | Additional Director | 17 Jun 2025 | 1 Years 4 Months | Current |
| Dhanpat Singh Nahata | Additional Director | 17 Jun 2025 | 1 Years 4 Months | Current |
| Vibhav Agarwal | Ceo | 17 Jun 2025 | 1 Years 4 Months | Current |
Auditor
Essar Future Energy Limited is audited by N K R & CO for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R & CO | FY 2024 | 127820W |
Shareholding
The shareholding of Essar Future Energy Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Essar Future Energy Limited, buy the company report.
Legal cases
Essar Future Energy Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Singrauli, Madhya Pradesh | Court case (SC ELE) | Filed against the company by an individual | Pending |
To see the full case history of Essar Future Energy 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 Essar Future Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Essar Future Energy Limited has a workforce of 7 employees on its EPFO records as of Sep 26, 2025, across 1 active EPFO establishment.
GST
Essar Future Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AASCA3029J1ZE | Maharashtra | Active | 20 Aug 2020 |
To see the full GST registrations and return filing status of Essar Future Energy Limited, buy the company report.
Recent activity
Essar Future Energy Limited has 13 board changes on record since 2020: 4 appointments and 9 cessations. The latest: Kapil Singla ceased to be Director on 20 Jun 2025.
4 earlier events are in the company report.
Frequently asked questions
Essar Future Energy is an active public limited company based in Jamnagar, Gujarat, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 20 May 2019 (7+ years old) and is registered under CIN U24100GJ2019PLC145669.
Essar Future Energy has 4 current directors and KMP:
- Vidur Gupta - Director
- Bhuwan Chandra Tripathi - Additional Director
- Dhanpat Singh Nahata - Additional Director
- Vibhav Agarwal - Ceo
The latest financial statements of Essar Future Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Essar Future Energy is 27AASCA3029J1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Essar Future Energy is U24100GJ2019PLC145669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essar Future Energy has 1 court case on record: 1 filed against it. 1 is pending.
Essar Future Energy was incorporated on 20 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Kapil Singla ceased to be Director on 20 Jun 2025. Vishnu Dutt Mutha ceased to be Director on 20 Jun 2025. Bhuwan Chandra Tripathi was appointed as Additional Director on 17 Jun 2025. Essar Future Energy has 13 board changes on record in total.
Essar Future Energy can be reached through the website essarpower.co.in. Its registered office is in Jamnagar, Gujarat, India.
The registered office of Essar Future Energy is at Salaya Administrative Building 44Km Jamnagar Okha Highway, Post Box No.7 At Post Khambaliya Dwarka, Gujarat, India – 361305.