About Essel Urja Private Limited
Data last updated:
Essel Urja Private Limited was a private limited company based in Ahmedabad, Gujarat, India, operated as a subsidiary of Adani Renewable Energy Holding Ten Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 16 April 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40108GJ2012PTC128059. Its GSTIN is 09AADCE0198H1ZK (Uttar Pradesh). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.58 Cr. It was led by directors including Mitesh A Chauhan and Vikas Gulati.
Its last annual general meeting (AGM) was held on 15 July 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Ahmedabad, Gujarat.
As per the financials filed for FY 2022, the company reported a revenue of ₹89.16 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹34.66 Cr (net margin 38.9%) and EBITDA of ₹70.27 Cr (EBITDA margin 78.8%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 5% over five years.
As per MCA filings, the company had satisfied charges of ₹410 Cr on record. The company has 4 deals on record (2 acquisitions, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹51.94 Cr; the latest was in August 2019.
The last known website on record is esselgroup.com.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressAdani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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
Financials of Essel Urja Private Limited FY 2023 filings available
Essel Urja Private Limited reported revenue of ₹89.16 Cr (up 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Essel Urja Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 49% growth in the latest year. EBITDA rose 128% 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 Essel Urja Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹89.16 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹70.27 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.66 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 Essel Urja Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 38.9% | •••• | •••• | •••• | •••• |
| 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 Essel Urja 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.
Auditor Details of Essel Urja Private Limited
Essel Urja Private Limited is audited by J Singh & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J Singh & Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Essel Urja Private Limited
Essel Urja has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitesh A Chauhan Also directs: Le Cirage Enterprise LLP, Adani Renewable Energy Holding One Limited, Adani Solar Energy Kutchh Two Limited and 5 more | Director | 20 Oct 2022 | 3 Years 11 Months | As last reported |
| Vikas Gulati | Director | 28 Sep 2020 | 6 Years 0 Months | As last reported |
| Rajeev Lochan Also directs: Adani Renewable Energy Sixteen Limited | Director | 28 Sep 2020 | 6 Years 0 Months | As last reported |
Ownership and Shareholding of Essel Urja Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Essel Urja Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2016 | Others | ₹100 Cr | Satisfied |
| 03 Jun 2015 | Others | ₹310 Cr | Satisfied |
Total charge records: 2 View all charges
Deals & Funding of Essel Urja Private Limited
Essel Urja Private Limited has 4 deals on record (2 acquisitions, 1 secondary share transfer, 1 convertible or debt financing), with disclosed funding of ₹51.94 Cr; the latest was in August 2019.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2019 | Acquisition | Undisclosed | Buyer: Adani Green Energy Limited Seller: Essel Green Energy Private Limited , Essel Infraprojects Limited |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Essel Green Energy Private Limited , Essel Green Energy Pvt Ltd & Kedar Bhagwat, Essel Green Energy Private Limited & Sandeep Patil Seller: Essel Infraprojects Limited , Essel Green Energy Private Limited & Dhruval Bhatt |
| Mar 2015 | Acquisition | ₹54.05 Cr | Buyer: Essel Infraprojects Limited |
Full deal history
All 4 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.
Employees and EPFO Compliance at Essel Urja Private Limited
Employment history and EPFO contributions of people linked to Essel Urja.
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 Essel Urja Private Limited
Essel Urja has one previous CIN (Corporate Identification Number): U40108MH2012PTC229700. The current CIN is U40108GJ2012PTC128059, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108GJ2012PTC128059 | Current |
| U40108MH2012PTC229700 | Previous |
Recent Activity on Essel Urja Private Limited
Essel Urja Private Limited has 27 board changes on record since 2012: 3 appointments and 24 cessations. The latest: Mitesh A Chauhan ceased to be Additional Director on 14 Jul 2023.
23 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Essel Urja Private 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.
MSME Payment Delays by Essel Urja Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Essel Urja Private 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 Essel Urja Private Limited
Essel Urja has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCE0198H1ZK | Uttar Pradesh | 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 Essel Urja Private 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 Essel Urja Private Limited
Essel Urja has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Essel Urja was a private limited company based in Ahmedabad, Gujarat, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 16 April 2012 and is registered under CIN U40108GJ2012PTC128059. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Essel Urja was incorporated on 16 April 2012. It is registered with the Registrar of Companies, Ahmedabad.
Essel Urja had 3 directors:
- Mitesh A Chauhan - Director
- Vikas Gulati - Director
- Rajeev Lochan - Director
The CIN (Corporate Identification Number) of Essel Urja is U40108GJ2012PTC128059. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Essel Urja is at Adani Corporate House Shantigram Near Vaishno Devi Circle S. G. Highway, Khodiyar, Ahmedabad, Gujarat, India – 382421.
Essel Urja can be reached through the website esselgroup.com. Its registered office is in Ahmedabad, Gujarat, India.
Essel Urja reported revenue of ₹89.16 Cr for FY 2022 (up 49% YoY).
Essel Urja has an authorised share capital of ₹2.6 Cr and a paid-up capital of ₹2.58 Cr.
Essel Urja reported a net profit of ₹34.66 Cr (net margin 38.9%) and EBITDA of ₹70.27 Cr (EBITDA margin 78.8%) for FY 2022, as per its filed financial statements.