- Udyam number
- UDYAM-MH-15-0001724

About Ghodawat Energy Private Limited
Data last updated:
Ghodawat Energy Private Limited is a private limited company based in Hatkanangale, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 04 November 1993 and has been in existence for over 33 years.
Its director Sanjay Ghodawat is #893 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U35106MH1993PTC074899. Its GSTIN is 27AAACG6910C1Z1 (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹80.56 Cr and a paid-up capital of ₹14.49 Cr. It was formerly known as Ghodawat Industries (India) Private Limited. It is led by directors including Sanjay Danchand Ghodawat and Nilesh Bharat Bagi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hatkanangale, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹470.02 Cr, a growth of 52% compared to the previous year. For the same year it recorded a net profit of ₹325.82 Cr (net margin 69.3%) and EBITDA of ₹366.74 Cr (EBITDA margin 78%). Revenue has grown at a compounded annual rate (CAGR) of 81% over three years and 39% over five years.
Its group structure includes 3 subsidiaries.
The company is associated with 2 brands: Ghodawat Energy and Sanjay Ghodawat Group. As per MCA filings, the company has open charges of ₹147.7 Cr and satisfied charges of ₹404.61 Cr on record. Court records list 34 cases involving the company, including 30 filed by the company and 4 filed against it; 4 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in April 2020. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 188 overdue payments to 11 micro and small suppliers.
Ghodawat Energy Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-15-0001724). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ghodawatenergy.com.
Company details
CIN history
Ghodawat Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35106MH1993PTC074899, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35106MH1993PTC074899 | Current |
| U29110MH1993PTC074899 | Previous |
| U16001MH1993PTC074899 | Previous |
Recognitions & Rankings of Ghodawat Energy
- #893 Sanjay Ghodawat ₹3,300 Cr
Contact details
Ghodawat Energy Private Limited's registered office is in Hatkanangale, Maharashtra. Its website is ghodawatenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressF. No.D – 2 4th Floor Star Residency Gat No. 285 Kolhapur – Sangli Road Majale Tal – Hatka, Nangale, Hatkanangale, Maharashtra, India – 416109
- IndustryEnvironment, Wind Energy Solutions, Solar Energy Solutions
To see the full contact details of Ghodawat Energy 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
Brands
Ghodawat Energy operates two associated brands: Ghodawat Energy and Sanjay Ghodawat Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as a renewable energy-based independent power producer. | ghodawatenergy.com | |
| Multifaceted conglomerate operating in consumer goods, energy, real estate, retail, textiles, education, and CSR in India. | ghodawat.com |
Business activity
The main business activity of Ghodawat Energy 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 Ghodawat Energy Private Limited, buy the company report.
Financials of Ghodawat Energy Private Limited
FY 2025 filings availableGhodawat Energy Private Limited reported revenue of ₹470.02 Cr (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 52% growth in the latest year. EBITDA rose 265% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹470.02 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹366.74 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹325.82 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 78% | ||||
| Net Profit Margin | 69.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ghodawat Energy Private Limited, buy the company report.
Board of directors of Ghodawat Energy Private Limited
Ghodawat Energy has 5 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Danchand Ghodawat Also directs: Ghodawat Manere Developers LLP, Sanjay Ghodawat Buildcon LLP, SDG Developers LLP and 5 more | Director | 04 Nov 1993 | 33 Years 0 Months | Current |
| Nilesh Bharat Bagi | Director | 01 Feb 2023 | 3 Years 9 Months | Current |
| Ranjit Krishnakant Wadhokar | Director | 13 Nov 2009 | 16 Years 11 Months | Current |
| Neeta Sanjay Ghodawat Also directs: Sanjay Ghodawat Buildcon LLP, Ghodawat Eduserve LLP, Ghodawat Bathiya Foods LLP and 5 more | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
| Shrenik Sanjay Ghodawat Also directs: Ghodawat Manere Developers LLP, Sanjay Ghodawat Buildcon LLP, SDG Developers LLP and 5 more | Director | 30 Mar 2016 | 10 Years 7 Months | Current |
Auditor
Ghodawat Energy Private Limited is audited by D S PALKAR AND CO for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D S PALKAR AND CO | FY 2025 | 115261W |
Shareholding
The shareholding of Ghodawat Energy Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ghodawat Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2025 | 101181606 | Others | ₹25 Cr | Open | |
| 03 May 2025 | 101097630 | Indian Overseas Bank | ₹5.7 Cr | Open | |
| 17 Feb 2025 | 101068896 | Hdfc Bank Limited | ₹6.4 Cr | Open | |
| 12 Dec 2024 | 101016398 | Hdfc Bank Limited | ₹9.3 Cr | Open | |
| 10 Dec 2024 | 101025599 | Others | ₹11.8 Cr | Open |
To see the full charge records of Ghodawat Energy Private Limited, buy the company report.
Total charge records: 48 View all charges
Deals & funding
Ghodawat Energy Private Limited has 3 deals on record (3 secondary share transfers); the latest was in April 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2020 | Secondary share transfer | Undisclosed | Buyer: Sanjay Danchand Ghodawat Huf Seller: an individual |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ghodawat Energy Private Limited has 34 court cases on record: 30 filed by Ghodawat Energy, 4 filed against it. 4 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 2 | 4 |
| District courts | 4 | 2 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Ultra Tech Cement Limited | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Ghodawat Realty Private Limited and 3 others | Pending |
| High Court | Writ petition | Filed by the company against Karnataka Power Transmission Corporation Limited (Kptcl), and 5 others | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Re Connect Energy Solutions Pvt. Ltd. and 5 others | Disposed |
| Bombay High Court | Court case (AO) | Filed by the company against Wind World (India) Limited Thr.Managing Dir.Yogesh Mehra | Disposed |
To see the full case history of Ghodawat Energy 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
Ghodawat Energy Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 188 overdue payments to 11 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 11)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Reconnect Energy Trading | |||
| Reconnect Energy Solutions Limited | |||
| an individual supplier | |||
| Trident Services Private Limited | |||
| Reconnect Energy Solutions Pvt. Ltd. |
To see the full MSME payment records of Ghodawat Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ghodawat Energy has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Renom Energy Services Private Limited | U40200PN2022PTC210086 | |
| Ghodawat Realty Private Limited | U70200PN1994PTC222075 | |
| Ghodawat Investments Private Limited | U74900MH1990PTC055935 |
To see the full group structure of Ghodawat Energy Private Limited, buy the company report.
GST
Ghodawat Energy has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG6910C1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 08AAACG6910C1Z1 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ghodawat Energy Private Limited, buy the company report.
Recent activity
Ghodawat Energy Private Limited has 15 board changes on record since 1993: 5 appointments and 10 cessations. The latest: Nilesh Bharat Bagi ceased to be Additional Director on 29 Sep 2023.
108 earlier events are in the company report.
Frequently asked questions
Ghodawat Energy is an active private limited company based in Hatkanangale, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 04 November 1993 (33+ years old) and is registered under CIN U35106MH1993PTC074899.
Ghodawat Energy has 5 current directors:
- Sanjay Danchand Ghodawat - Director
- Nilesh Bharat Bagi - Director
- Ranjit Krishnakant Wadhokar - Director
- Neeta Sanjay Ghodawat - Director
- Shrenik Sanjay Ghodawat - Director
The latest financial statements of Ghodawat Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ghodawat Energy is 27AAACG6910C1Z1, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAACG6910C1Z1 (Rajasthan).
The CIN (Corporate Identification Number) of Ghodawat Energy is U35106MH1993PTC074899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ghodawat Energy has 34 court cases on record: 30 filed by the company and 4 filed against it. 4 are pending. Most are in the high courts.
Ghodawat Energy was incorporated on 04 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Pune.
Ghodawat Energy has 3 deals on record (3 secondary share transfers); the latest was in April 2020.
Nilesh Bharat Bagi ceased to be Additional Director on 29 Sep 2023. Nilesh Bharat Bagi was appointed as Director on 01 Feb 2023. Neeta Sanjay Ghodawat was appointed as Director on 01 Jul 2022. Ghodawat Energy has 15 board changes on record in total.
Yes, Ghodawat Energy is registered as an MSME under Udyam registration (number: UDYAM-MH-15-0001724).
Ghodawat Energy has 13 MSME Form 1 returns on record between 2019 and 2023, listing 188 overdue payments to 11 micro and small suppliers. The latest return was filed on 17 Nov 2023.

