About Fine Renewable Energy Limited
Data last updated:
Fine Renewable Energy Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 28 January 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U31400MH2009PLC189936. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.6 Lakh. It was led by directors including Nirmal Vinod Momaya and Nandraj Chandrakant Kothari.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Plot No.F/11 & F/12 Wicel Opp. Seepz Main Gate Central Road Andheri East, Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2023, the company reported a revenue of ₹24.33 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹29.95 Lakh (net margin 123.1%) and EBITDA of ₹24 Lakh (EBITDA margin 98.7%). Revenue has declined at a compounded annual rate (CAGR) of 166% over three years and 23% over five years.
The last known website on record is camlinfs.com.
Company details
Contact details
Fine Renewable Energy Limited's registered office is in Mumbai, Maharashtra. Its website is camlinfs.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressPlot No.F/11 & F/12 Wicel Opp. Seepz Main Gate Central Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Fine Renewable 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 Fine Renewable Energy Limited
FY 2023 filings availableFine Renewable Energy Limited reported revenue of ₹24.33 Lakh (up 67848% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years. EBITDA rose 543% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | ₹24 Lakh | ||||
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| Net Profit (PAT) | ₹29.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 98.7% | ||||
| Net Profit Margin | 123.1% | ||||
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To see the full financial statements and ratios of Fine Renewable Energy Limited, buy the company report.
Board of directors of Fine Renewable Energy Limited
Fine Renewable Energy has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirmal Vinod Momaya Also directs: Trucap Finance Limited, Camlin Fine Sciences Limited, Abana Medisys Private Limited and 5 more | Director | 28 Jan 2009 | 17 Years 8 Months | As last reported |
| Nandraj Chandrakant Kothari | Director | 07 Mar 2014 | 12 Years 7 Months | As last reported |
| Samirkumar Sharad Khedkar | Director | 30 Sep 2022 | 4 Years 0 Months | As last reported |
Peer comparison
Fine Renewable Energy Limited is compared with the 10 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers, Renewable Energy), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sol Lighting Private Limited | ₹24.75 Lakh (FY 2018) | -40.0% | Delhi, India | |||
| Bells Organics Pvt Ltd | ₹24.61 Lakh (FY 2024) | -34.0% | Kolkata, West Bengal, India | |||
| Ansr Technologies Private Limited | ₹24.59 Lakh (FY 2019) | Bangalore, Karnataka, India | ||||
| Vmas Power Equipment Company Private Limited | ₹24.5 Lakh (FY 2024) | Pune, Maharashtra, India | ||||
| Lemis Electronics India Private Limited | ₹24.39 Lakh (FY 2018) | -2.0% | Bangalore, Karnataka, India | |||
| Fine Renewable Energy Limitedthis company | ₹24.33 Lakh (FY 2023) | ₹29.95 Lakh | 123.1% | 67848.0% | Mumbai, Maharashtra, India | |
| Bright Future Renewable Energy and Engineering Private Limited | ₹24.02 Lakh (FY 2024) | Indore, Madhya Pradesh, India | ||||
| Vima Engineering Private Limited | ₹24.01 Lakh (FY 2023) | -53.0% | Vadodara, Gujarat, India | |||
| Magfield Solenoids Private Limited | ₹23.99 Lakh (FY 2024) | 1840.0% | Vadodara, Gujarat, India | |||
| Enact Projects Private Limited | ₹23.96 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Powermaster Solutions Private Limited | ₹23.87 Lakh (FY 2025) | -23.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Fine Renewable Energy Limited, buy the company report.
Auditor
Fine Renewable Energy Limited is audited by KULKARNI DHURI & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KULKARNI DHURI & CO | FY 2020 | 129274W |
Shareholding
The shareholding of Fine Renewable Energy Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fine Renewable Energy Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fine Renewable Energy Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fine Renewable Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fine Renewable Energy has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fine Renewable Energy Limited, buy the company report.
Recent activity
Fine Renewable Energy Limited has 7 board changes on record since 2009: 3 appointments and 4 cessations. The latest: Dattatraya Puranik Ramchandra ceased to be Director on 30 Sep 2022.
News
Frequently asked questions
Fine Renewable Energy has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fine Renewable Energy was a public limited company based in Mumbai, Maharashtra, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 28 January 2009 and is registered under CIN U31400MH2009PLC189936. The company has been struck off by the Registrar of Companies and is no longer operational.
Fine Renewable Energy had 3 directors:
- Nirmal Vinod Momaya - Director
- Nandraj Chandrakant Kothari - Director
- Samirkumar Sharad Khedkar - Director
The CIN (Corporate Identification Number) of Fine Renewable Energy is U31400MH2009PLC189936. 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 Fine Renewable Energy is at Plot No.F11 & F12 Wicel Opp. Seepz Main Gate Central Road Andheri East, Mumbai, Maharashtra, India – 400093.
Fine Renewable Energy was incorporated on 28 January 2009. It is registered with the Registrar of Companies, Mumbai.
Fine Renewable Energy can be reached through the website camlinfs.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Fine Renewable Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
No. Fine Renewable Energy has 2 GST registrations on record and all of them are cancelled or inactive.
Fine Renewable Energy operated in the metals and minerals industry, in the materials retail and distribution segment. It worked in this industry before it was struck off.
The peers of Fine Renewable Energy by revenue are Sol Lighting Private Limited, Bells Organics Pvt Ltd, Ansr Technologies Private Limited, Vmas Power Equipment Company Private Limited, Lemis Electronics India Private Limited and 5 more, all in the Power industry (Power Equipment Manufacturers, Renewable Energy).