About Etesian Urja Limited
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Etesian Urja Limited is a public limited company based in Hyderabad, Telangana, India, a subsidiary of Greenko Power Projects (Mauritius) Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 08 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40107TG2011PLC159847. Its GSTIN is 23AAECB6824C1Z5 (Madhya Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹113.5 Cr and a paid-up capital of ₹113.19 Cr. It was formerly known as Vind Energy Limited and Bhojpur Biomass Power Company Private Limited. It is led by directors including Divya Mathur and Venkata Bala Ravi Shankar Dhurjati.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Third Floor Block D Plot No.13 Sy. No. 64 Part Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹70.44 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹10.68 Cr (net margin 15.2%) and EBITDA of ₹57.59 Cr (EBITDA margin 81.8%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 3% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹320 Cr and satisfied charges of ₹1,647.5 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 2 cases are pending. The company has 7 deals on record (4 secondary share transfers, 3 acquisitions); the latest was in March 2021. Its 4 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 3 smaller; the largest is Sprng Vayu Vidyut Private Limited with revenue of ₹71.22 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ilfsindia.com.
Company details
Name history
Etesian Urja has undergone 4 name changes throughout its history. The current legal name is Etesian Urja Limited.
| Company Name | Status |
|---|---|
| Etesian Urja Limited | Current |
| Vind Energy Limited | Previous |
| Bhojpur Biomass Power Company Private Limited | Previous |
| Bhojpur Biomass Power Company Limited | Previous |
| Ventus Urja Limited | Previous |
CIN history
Etesian Urja has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40107TG2011PLC159847, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40107TG2011PLC159847 | Current |
| U40107MH2011PLC220673 | Previous |
| U40107MH2011PTC220673 | Previous |
Contact details
Etesian Urja Limited's registered office is in Hyderabad, Telangana. Its website is ilfsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThird Floor Block D Plot No.13 Sy. No. 64 Part Hitech City Layout Madhapur Village, Hyderabad, Telangana, India – 500081
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Etesian Urja 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 Etesian Urja 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 Etesian Urja Limited, buy the company report.
Financials of Etesian Urja Limited
FY 2024 filings availableEtesian Urja Limited reported revenue of ₹70.44 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 20% fall in the latest year. EBITDA fell 32% 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 | ₹57.59 Cr | ||||
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| Net Profit (PAT) | ₹10.68 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.8% | ||||
| Net Profit Margin | 15.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Etesian Urja Limited, buy the company report.
Board of directors of Etesian Urja Limited
Etesian Urja has 4 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Divya Mathur | Director | 04 Jun 2021 | 5 Years 5 Months | Current |
| Venkata Bala Ravi Shankar Dhurjati Also directs: Kaze Energy Limited, Op&E Management Limited, Ratedi Wind Power Private Limited and 5 more | Director | 31 Jan 2024 | 2 Years 9 Months | Current |
| Saleem Basha Syed | Director | 05 Mar 2021 | 5 Years 8 Months | Current |
| Parveen Mittar Nanda Also directs: Greenko As01 Irep Private Limited, Greenko Br01 Irep Private Limited, Taranda Hydro Power Private Limited and 5 more | Director | 05 Mar 2021 | 5 Years 8 Months | Current |
Peer comparison
Etesian Urja Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (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 |
|---|---|---|---|---|---|---|
| Sprng Vayu Vidyut Private Limited | ₹71.22 Cr (FY 2025) | 16800.0% | New Delhi, Delhi, India | |||
| Etesian Urja Limitedthis company | ₹70.44 Cr (FY 2025) | ₹10.68 Cr | 15.2% | -20.0% | 13 | Hyderabad, Telangana, India |
| Tulip Renewable Powertech Private Limited | ₹70.32 Cr (FY 2025) | -4.0% | Coimbatore, Tamil Nadu, India | |||
| Alfa Infraprop Private Limited | ₹69.77 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Sri Keerthi Projects Private Limited | ₹68.55 Cr (FY 2025) | 123.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Etesian Urja Limited, buy the company report.
Auditor
Etesian Urja Limited is audited by Kumar and Giri, Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kumar and Giri, Chartered Accountants | FY 2023 | 001584S |
Shareholding
The shareholding of Etesian Urja 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 Etesian Urja Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2022 | 100562568 | Idbi Trusteeship Services Limited | ₹320 Cr | Open | |
| 24 Feb 2023 | 100688393 | Idbi Trusteeship Services Limited | ₹800 Cr | Satisfied | |
| 29 Aug 2018 | 100200169 | Idbi Trusteeship Services Limited | ₹401 Cr | Satisfied | |
| 09 Mar 2018 | 100173974 | Idbi Trusteeship Services Limited | ₹18.5 Cr | Satisfied | |
| 15 Nov 2017 | 100134911 | Idbi Trusteeship Services Limited | ₹50 Cr | Satisfied |
To see the full charge records of Etesian Urja Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Etesian Urja Limited has 7 deals on record (4 secondary share transfers, 3 acquisitions); the latest was in March 2021.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2019 | Acquisition | Undisclosed | Buyer: Orix Corporation Seller: Il&Fs Wind Energy Limited |
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Orix Corporation Seller: Il&Fs Securities Services Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Il&Fs Securities Services Limited , Il&Fs Wind Energy Limited Seller: Il&Fs Energy Development Company Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Il&Fs Securities Services Limited Seller: Il&Fs Renewable Energy Limited |
| Mar 2017 | Acquisition | ₹109.65 Cr | Buyer: Il&Fs Energy Development Company Limited |
To see the full deal history of Etesian Urja Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Etesian Urja Limited has 2 court cases on record: 1 filed by Etesian Urja, 1 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Writ petition | Filed by the company against The State of Madhya Pradesh | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed against the company by Dy. Registrar of Comapanies | Pending |
To see the full case history of Etesian Urja 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.
Credit ratings & regulatory alerts
Etesian Urja Limited was last rated by Icra on 10 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 May 2022 |
To see the full credit ratings and regulatory alerts of Etesian Urja Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Etesian Urja Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Etesian Urja Limited has a workforce of 13 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 13 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Etesian Urja Limited, buy the company report.
GST
Etesian Urja has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECB6824C1Z5 | Madhya Pradesh | Active | 01 Jul 2017 |
| 27AAECB6824C1ZX | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Etesian Urja Limited, buy the company report.
Recent activity
Etesian Urja Limited has 27 board changes on record since 2013: 4 appointments and 23 cessations. The latest: Venkata Bala Ravi Shankar Dhurjati ceased to be Additional Director on 27 Sep 2024.
33 earlier events are in the company report.
News
Frequently asked questions
Etesian Urja is an active public limited company based in Hyderabad, Telangana, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 08 August 2011 (15+ years old) and is registered under CIN U40107TG2011PLC159847.
Etesian Urja has 4 current directors:
- Divya Mathur - Director
- Venkata Bala Ravi Shankar Dhurjati - Director
- Saleem Basha Syed - Director
- Parveen Mittar Nanda - Director
The latest financial statements of Etesian Urja on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Etesian Urja is 23AAECB6824C1Z5, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECB6824C1ZX (Maharashtra).
The CIN (Corporate Identification Number) of Etesian Urja is U40107TG2011PLC159847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Etesian Urja has 2 court cases on record: 1 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Etesian Urja was incorporated on 08 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Hyderabad.
Etesian Urja has 7 deals on record (4 secondary share transfers, 3 acquisitions); the latest was in March 2021.
The peers of Etesian Urja by revenue are Sprng Vayu Vidyut Private Limited, Tulip Renewable Powertech Private Limited, Alfa Infraprop Private Limited, Sri Keerthi Projects Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Venkata Bala Ravi Shankar Dhurjati ceased to be Additional Director on 27 Sep 2024. Venkata Bala Ravi Shankar Dhurjati was appointed as Director on 31 Jan 2024. Divya Mathur ceased to be Additional Director on 25 Oct 2021. Etesian Urja has 27 board changes on record in total.
Etesian Urja can be reached through the website ilfsindia.com. Its registered office is in Hyderabad, Telangana, India.
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