India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #103 GM Rao & family ₹32,600 Cr
- #342 Srinivas Bommidala & family ₹11,000 Cr
Revenue · FY 2025
₹64.22 Cr
▼ 99% YoY
Net loss · FY 2025
₹361.8 Cr
Latest filing
EBITDA · FY 2025
-₹56.63 Cr
EBITDA margin -88.2%
Authorised capital
₹5,600 Cr
Registered with MCA
Paid-up capital
₹3,606.9 Cr
Issued & subscribed
Open charges
₹10,966 Cr
Satisfied ₹25,465 Cr
Company age
30 yrs
Est. 1996
Directors on board
11
As per MCA filings
About GMR Energy Limited
Data last updated:
GMR Energy Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gmr Power And Urban Infra Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 10 October 1996 and has been in existence for over 30 years.
Its director GM Rao and family are #103 among India's richest people (2026). Its director Srinivas Bommidala and family are #342 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85110MH1996PLC274875. Its GSTIN is 27AAACT8420A1ZR (Maharashtra). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5,600 Cr and a paid-up capital of ₹3,606.9 Cr. It was formerly known as Tanir Bavi Power Company Private Limited. It is led by directors including Srinivasachari Rajagopal and Madhva Bhimacharya Terdal.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 701 7th Floor Naman Centre Plot No. C – 31 Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.22 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹361.8 Cr and EBITDA of -₹56.63 Cr (EBITDA margin -88.2%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 49% over five years.
Its group structure includes 11 subsidiaries and 2 joint ventures.
As per MCA filings, the company has open charges of ₹10,966 Cr and satisfied charges of ₹25,465 Cr on record. Court records list 110 cases involving the company, including 42 filed by the company and 68 filed against it; 21 cases are pending. The company has 66 deals on record (44 secondary share transfers, 21 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹7,842.62 Cr; the latest was in June 2024. Its 4 peer companies in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 1 smaller; the largest is Purulia & Kharagpur Transmission Company Limited with revenue of ₹76.83 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 gmrgroup.in.
Company details
CIN U85110MH1996PLC274875
Registration Number 274875
Incorporation Date 10 October 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Gmr Power And Urban Infra Limited
Compliance Status Active Compliant
CIN history
GMR Energy has one previous CIN (Corporate Identification Number): U85110KA1996PLC021262. The current CIN is U85110MH1996PLC274875, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110MH1996PLC274875 | Current |
| U85110KA1996PLC021262 | Previous |
Recognitions & Rankings of GMR Energy
Contact details
GMR Energy Limited's registered office is in Mumbai, Maharashtra. Its website is gmrgroup.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address701 7th Floor Naman Centre Plot No. C – 31 Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of GMR Energy Limited, buy the company report.
Comprehensive company report
GMR Energy Limited - one report that includes everything
- 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
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Business activity
The main business activity of GMR Energy 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 GMR Energy Limited, buy the company report.
Financials of GMR Energy Limited
FY 2025 filings availableGMR Energy Limited reported revenue of ₹64.22 Cr (down 99% YoY) for FY 2025.
Revenue · FY 2025
₹64.22 Cr ▼ 99%
Net loss · FY 2025
₹361.8 Cr
EBITDA · FY 2025
-₹56.63 Cr margin -88.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 99%
3 years · compounded
▼ 74%
5 years · compounded
▼ 49%
EBITDA CAGR growth
1 year
▼ 104%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years, including a 99% fall in the latest year. EBITDA fell 104% 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 | -₹56.63 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹361.8 Cr | ||||
| Balance Sheet | |||||
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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 | -88.2% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of GMR Energy Limited, buy the company report.
Board of directors and KMP of GMR Energy Limited
GMR Energy Limited currently reports 8 directors and 3 key managerial personnel. 31 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasachari Rajagopal Also directs: GMR Warora Energy Limited, GMR Kamalanga Energy Limited, GMR Highways Limited and 1 more | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Madhva Bhimacharya Terdal Also directs: GMR Highways Limited, GMR Power and Urban Infra Limited, Vasishtha Seva Ventures LLP and 2 more | Director | 23 Jan 2014 | 12 Years 9 Months | Current |
| Mundayat Ramachandran Ramachandran Also directs: GMR Warora Energy Limited, GMR Airports Limited, GMR Hyderabad International Airport Limited and 5 more | Director | 30 Sep 2019 | 7 Years 1 Months | Current |
| Grandhi Mallikarjuna Rao Also directs: Sukreeda Sports and Entertainment LLP, GMR Power and Urban Infra Limited, GMR Airports Limited and 5 more | Director | 15 Aug 2020 | 6 Years 2 Months | Current |
| Ashis Basu Also directs: GMR Warora Energy Limited, GMR Kamalanga Energy Limited, GMR Energy Trading Limited and 5 more | Ceo | 02 May 2018 | 8 Years 6 Months | Current |
| Sanjay Barde Narayan | Ceo | 02 May 2018 | 8 Years 6 Months | Current |
Showing 6 of 11 current directors and KMP. View all directors and KMP
Peer comparison
GMR Energy Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Power Projects), 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 |
|---|---|---|---|---|---|---|
| Purulia & Kharagpur Transmission Company Limited | ₹76.83 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Rajesh Construction Company Private Limited | ₹72.5 Cr (FY 2017) | -51.0% | Mumbai, Maharashtra, India | |||
| Karnataka Resco Rooftop Solar Private Limited | ₹65.48 Cr (FY 2025) | -1.0% | Hyderabad, Telangana, India | |||
| GMR Energy Limitedthis company | ₹64.22 Cr (FY 2025) | -₹361.8 Cr | -99.0% | Mumbai, Maharashtra, India | ||
| Fujin Wind Parks Private Limited | ₹59.53 Cr (FY 2024) | -1.0% | Hyderabad, Telangana, India |
To see the full peer comparison of GMR Energy Limited, buy the company report.
Auditor
GMR Energy Limited is audited by WALKER CHANDIOK & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| WALKER CHANDIOK & CO LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of GMR Energy Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GMR Energy Limited, buy the company report.
Charges & borrowings
Open charges
₹10,966 Cr
Satisfied charges
₹25,465 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jan 2026 | 101212222 | Idbi Trusteeship Services Limited | ₹690 Cr | Open | |
| 15 Dec 2025 | 101212213 | Idbi Trusteeship Services Limited | ₹2,700 Cr | Open | |
| 12 Aug 2025 | 101194808 | Others | ₹1,600 Cr | Open | |
| 09 Apr 2025 | 101087228 | Others | ₹200 Cr | Open | |
| 15 Sep 2022 | 100619415 | Sbicap Trustee Company Limited | ₹3,678.5 Cr | Open |
To see the full charge records of GMR Energy Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
GMR Energy Limited has 66 deals on record (44 secondary share transfers, 21 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹7,842.62 Cr; the latest was in June 2024.
Total deals
66
Secondary share transfers
44
Funding rounds
21
Convertible or debt financing
1
Disclosed funding
₹7,842.62 Cr
Deals on record (5 of 66)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Idfc First Bank Limited |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: GMR Consulting Services Limited Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Ascent Capital Advisors India |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited , GMR Consulting Services Limited Seller: GMR Generation Assets Limited , an individual |
| Feb 2024 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Ascent Capital Advisors India |
To see the full deal history of GMR Energy 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
GMR Energy Limited has 110 court cases on record: 42 filed by GMR Energy, 68 filed against it. 21 cases are pending and 89 are disposed.
Total cases
110
Filed by the company
42
Filed against the company
68
Pending
21
Disposed
89
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 69 | 37 | 18 |
| Supreme Court | 22 | 14 | 2 |
| District courts | 19 | 17 | 1 |
Cases on record (5 of 110)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Bihar State Power (Holding) Company Ltd Chairman 1St Floor, Vidyut Bhawan, Bailey Road ,Patna , Bihar | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Dakshin Haryana Bijli Vitran Nigam Ltd. Secretary Vidyut Nagar, Hissar ,Hisar , Haryana and 8 others | Pending |
| Supreme Court | Appeal | Filed against the company by Bangalore Electricity Supply Company Limited | Disposed |
| Supreme Court | Court case (-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998 : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act) | Filed against the company by Bangalore Electricity Supply Company Ltd. Through General Manager K. R. Circle , District: Bangalore ,Bangalore , Karnataka and 5 others | Disposed |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed against the company by Bangalore Electricity Supply Company Ltd. Through General Manager K. R. Circle , District: Bangalore ,Bangalore , Karnataka and 5 others | Disposed |
To see the full case history of GMR 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.
Credit ratings & regulatory alerts
GMR Energy Limited was last rated by Icra on 31 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 May 2022 |
To see the full credit ratings and regulatory alerts of GMR Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GMR Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
GMR Energy has 11 subsidiary companies and 2 joint ventures. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
11
Subsidiary companies
2
Joint ventures
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| GMR Vemagiri Power Generation Limited | U23201KA1997PLC032964 | |
| GMR Gujarat Solar Power Limited | U40100KA2008PLC045783 | |
| GMR Warora Energy Limited | U40100MH2005PLC155140 | |
| GMR Kamalanga Energy Limited | U40101KA2007PLC044809 | |
| GMR Bundelkhand Energy Private Limited | U40101KA2010PTC054124 | |
| GMR (Badrinath) Hydro Power Generation Private Limited | U40101UR2006PTC031381 |
To see the full group structure of GMR Energy Limited, buy the company report.
Employees & EPFO
GMR Energy Limited has 1 active EPFO establishment as of Mar 23, 2024.
Active EPFO establishments
1
GST
GMR Energy has 5 GST registrations: 3 active and 2 cancelled or inactive.
Total GSTINs
5
Active
3
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACT8420A1ZR | Maharashtra | Active | 05 Apr 2018 |
| 37AAACT8420A1ZQ | Andhra Pradesh | Active | 01 Jul 2017 |
| 29AAACT8420A2ZM | Karnataka | Active | 31 Jan 2019 |
To see the full GST registrations and return filing status of GMR Energy Limited, buy the company report.
Recent activity
GMR Energy Limited has 71 board changes on record since 1998: 41 appointments and 30 cessations. The latest: Manojkumar Gumanisingh Singh ceased to be CFO on 31 May 2025.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 730.95 Cr registered on 16 Jun 2014 with Charge ID 10508386 was modified on 22 Jan 2026.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 690.00 Cr with Charge ID 101212222 was registered on 02 Jan 2026.
Charges
A charge with Idbi Trusteeship Services Limited of Rs. 2,700.00 Cr registered on 15 Dec 2025 with Charge ID 101212213 was modified on 02 Jan 2026.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 2,700.00 Cr with Charge ID 101212213 was registered on 15 Dec 2025.
AGM
Gmr Energy Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge registered on 16 Feb 2024 via Charge ID 100877782 with Others was fully satisfied on 25 Aug 2025.
Charges
A charge with Others amounted to Rs. 1,600.00 Cr with Charge ID 101194808 was registered on 12 Aug 2025.
Charges
A charge registered on 24 Oct 2024 via Charge ID 100999598 with Others was fully satisfied on 10 Jul 2025.
Ceased
Manojkumar Gumanisingh Singh ceased to be CFO.
Charges
A charge with Others of Rs. 1,050.00 Cr registered on 16 Feb 2024 with Charge ID 100877782 was modified on 30 May 2025.
Charges
A charge registered on 27 Jan 2017 via Charge ID 100079210 with Idbi Trusteeship Services Limited was fully satisfied on 26 May 2025.
Charges
A charge with Others amounted to Rs. 200.00 Cr with Charge ID 101087228 was registered on 09 Apr 2025.
181 earlier events are in the company report.
News
Frequently asked questions
GMR Energy is an active public limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 10 October 1996 (30+ years old) and is registered under CIN U85110MH1996PLC274875.
GMR Energy has 11 current directors and KMP:
- Srinivasachari Rajagopal - Director
- Madhva Bhimacharya Terdal - Director
- Mundayat Ramachandran Ramachandran - Director
- Grandhi Mallikarjuna Rao - Director
- Kiran Kumar Grandhi - Director
- Srinivas Bommidala - Director
- Siva Kameswari Vissa - Director
- Boda Venkata Nageswara Rao - Director
- Ashis Basu - Ceo
- Sanjay Barde Narayan - Ceo
- Sanjay Kumar Babu - Company Secretary
The latest financial statements of GMR Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GMR Energy is 27AAACT8420A1ZR, registered in Maharashtra. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 37AAACT8420A1ZQ (Andhra Pradesh), 29AAACT8420A2ZM (Karnataka).
The CIN (Corporate Identification Number) of GMR Energy is U85110MH1996PLC274875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GMR Energy has 110 court cases on record: 42 filed by the company and 68 filed against it. 21 are pending. Most are in the high courts.
GMR Energy was incorporated on 10 October 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
GMR Energy has 66 deals on record (44 secondary share transfers, 21 funding rounds, 1 convertible or debt financing), with disclosed funding of ₹7,842.62 Cr; the latest was in June 2024.
The peers of GMR Energy by revenue are Purulia & Kharagpur Transmission Company Limited, Rajesh Construction Company Private Limited, Karnataka Resco Rooftop Solar Private Limited, Fujin Wind Parks Private Limited, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Manojkumar Gumanisingh Singh ceased to be CFO on 31 May 2025. Boda Venkata Nageswara Rao was appointed as Director on 27 Jan 2025. Bimal Jayant Parekh ceased to be Director on 30 Sep 2024. GMR Energy has 71 board changes on record in total.
GMR Energy can be reached through the website gmrgroup.in. Its registered office is in Mumbai, Maharashtra, India.
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