About GMR Generation Assets Limited
Data last updated:
GMR Generation Assets Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gmr Power And Urban Infra Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 03 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40104MH2010PLC282702. Its GSTIN is 27AAECG0484H1ZM (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10,451 Cr and a paid-up capital of ₹1,968.43 Cr. It was formerly known as Gmr Renewable Energy Limited. It is led by directors including Nikhil Dujari and Ashis Basu.
Its last annual general meeting (AGM) was held on 30 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 ₹58.53 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹62.53 Cr (net margin -106.8%) and EBITDA of ₹48.98 Cr (EBITDA margin 83.7%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 10% over five years.
Its group structure includes 2 subsidiaries and 1 joint venture.
As per MCA filings, the company has open charges of ₹6,235.35 Cr and satisfied charges of ₹15,451 Cr on record. The company has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹2,615.49 Cr; the latest was in October 2023. Its 10 peer companies in the Cleantech industry (Wind Power) are compared by revenue, 5 larger and 5 smaller; the largest is Wpa Clean Energy Private Limited with revenue of ₹59.51 Cr. The company has 2 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 3 micro and small suppliers.
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.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address701 7th Floor Naman Centre Plot No. C – 31 Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051
- IndustryEnvironment, Wind Energy Solutions
- 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
Business Activity of GMR Generation Assets Limited
The main business activity of GMR Generation Assets is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of GMR Generation Assets Limited FY 2025 filings available
GMR Generation Assets Limited reported revenue of ₹58.53 Cr (down 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of GMR Generation Assets Limited
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 22% fall in the latest year. EBITDA fell 12% 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 GMR Generation Assets Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹48.98 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹62.53 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 GMR Generation Assets Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -106.8% | •••• | •••• | •••• | •••• |
| 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 GMR Generation Assets 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.
Peer Comparison of GMR Generation Assets Limited
GMR Generation Assets Limited is compared with the companies closest to it by revenue in the Cleantech industry (Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wpa Clean Energy Private Limited | ₹59.51 Cr (FY 2025) | •••• | •••• | -57.0% | •••• | Bangalore, Karnataka, India |
| Green Infra BTV Limited | ₹59.45 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Gurgaon, Haryana, India |
| Olive Ecopower Private Limited | ₹59.29 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sri Balambika Textile Mills Private Limited | ₹58.74 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Tirupur, Tamil Nadu, India |
| Molagavalli Renewable Private Limited | ₹58.57 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| GMR Generation Assets Limited this company | ₹58.53 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Mumbai, Maharashtra, India |
| RS Windtech Engineers Private Limited | ₹58.51 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Aralvoimozhy, Tamil Nadu, India |
| C N V Textiles Private Limited | ₹57.84 Cr (FY 2023) | •••• | •••• | 21.0% | •••• | Coimbatore, Tamil Nadu, India |
| Clean Max Theia Private Limited | ₹57.64 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Mumbai, Maharashtra, India |
| K S Subbiah Pillai & Company (India) Private Limited | ₹57.2 Cr (FY 2024) | •••• | •••• | -49.0% | •••• | Chennai, Tamil Nadu, India |
| Green Infra Wind Farm Assets Private Limited | ₹56.62 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below GMR Generation Assets by revenue in the Cleantech industry (Wind Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of GMR Generation Assets Limited
GMR Generation Assets Limited is audited by PHANIBHUSHAN & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PHANIBHUSHAN & Co. | 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 GMR Generation Assets Limited
GMR Generation Assets has 6 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Dujari Also directs: GMR Energy Trading Limited, GMR Kashi Smart Meters Limited, GMR Smart Electricity Distribution Private Limited and 5 more | Director | 21 Jun 2021 | 5 Years 3 Months | Current |
| Ashis Basu Also directs: GMR Energy Trading Limited, GMR Kalinga Solar Power Limited, GMR Triveni Smart Meters Limited and 5 more | Director | 13 Jan 2014 | 12 Years 8 Months | Current |
| Adi Seshavataram Cherukupalli Also directs: Mahi Farmer Producer Company Limited, Vaarahi Farmers Producer Company Limited, Waisl Limited and 1 more | Director | 30 Sep 2021 | 5 Years 0 Months | Current |
| Chandra Rama Kumari Kotha | Director | 30 Sep 2022 | 4 Years 0 Months | Current |
| Vithala Satyanarayana Murthy Also directs: GMR Chennai Outer Ring Road Private Limited | Director | 17 Oct 2025 | 0 Years 11 Months | Current |
| Anirban Mukhopadhyay | Manager | 18 Jan 2023 | 3 Years 8 Months | Current |
Ownership and Shareholding of GMR Generation Assets 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 GMR Generation Assets Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Sep 2025 | Others | ₹74.09 Cr | Open |
| 18 Sep 2025 | Others | ₹71.6 Cr | Open |
| 18 Sep 2025 | Others | ₹82.1 Cr | Open |
| 28 Oct 2016 | Axis Bank Limited | ₹160 Cr | Open |
| 27 Oct 2016 | Others | ₹5,815.76 Cr | Open |
Total charge records: 22 View all charges
Deals & Funding of GMR Generation Assets Limited
GMR Generation Assets Limited has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹2,615.49 Cr; the latest was in October 2023.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2023 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Gmr Airports Infrastructure Limited |
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Gmr Airports Infrastructure Limited |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Gmr Airports Infrastructure Limited |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: GMR Power and Urban Infra Limited Seller: Gmr Airports Infrastructure Limited |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: Gmr Airports Infrastructure Limited Seller: Dhruvi Securities Limited |
Full deal history
All 14 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.
MSME Payment Delays by GMR Generation Assets Limited
GMR Generation Assets Limited has 2 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Vistra Itcl (India) Limited | •••• | •••• | •••• |
| A G R G & Company | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at GMR Generation Assets Limited
Employment history and EPFO contributions of people linked to GMR Generation Assets.
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.
Group Structure of GMR Generation Assets Limited
GMR Generation Assets has 2 subsidiary companies, 1 joint venture, and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Gmr Smart Electricity Distribution Private Limited | U40100KA2005PTC037308 | Locked |
| Gmr Londa Hydropower Private Limited | U40101KA2008PTC048190 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of GMR Generation Assets Limited
GMR Generation Assets has one previous CIN (Corporate Identification Number): U40104KA2010PLC056122. The current CIN is U40104MH2010PLC282702, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40104MH2010PLC282702 | Current |
| U40104KA2010PLC056122 | Previous |
News related to GMR Generation Assets Limited
Recent Activity on GMR Generation Assets Limited
GMR Generation Assets Limited has 30 board changes on record since 2012: 6 appointments and 24 cessations. The latest: Vithala Satyanarayana Murthy ceased to be Additional Director on 05 Feb 2026.
68 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for GMR Generation Assets 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.
Subsidiaries & Group Companies of GMR Generation Assets 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 GMR Generation Assets Limited
GMR Generation Assets has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG0484H1ZM | Maharashtra | Active | 20 Dec 2022 |
| 24AAECG0484H1ZS | Gujarat | 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 GMR Generation Assets 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 GMR Generation Assets Limited
GMR Generation Assets is an active public limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 03 December 2010 (16+ years old) and is registered under CIN U40104MH2010PLC282702.
GMR Generation Assets reported revenue of ₹58.53 Cr for FY 2025 (down 22% YoY).
GMR Generation Assets has 6 current directors:
- Nikhil Dujari - Director
- Ashis Basu - Director
- Adi Seshavataram Cherukupalli - Director
- Chandra Rama Kumari Kotha - Director
- Vithala Satyanarayana Murthy - Director
- Anirban Mukhopadhyay - Manager
GMR Generation Assets reported a net loss of ₹62.53 Cr (net margin -106.8%) and EBITDA of ₹48.98 Cr (EBITDA margin 83.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of GMR Generation Assets is -2% over three years and -10% over five years. In the latest year (FY 2025) revenue fell 22%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of GMR Generation Assets is 27AAECG0484H1ZM, 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 24AAECG0484H1ZS (Gujarat).
The CIN (Corporate Identification Number) of GMR Generation Assets is U40104MH2010PLC282702. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GMR Generation Assets was incorporated on 03 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
GMR Generation Assets has 14 deals on record (7 secondary share transfers, 5 funding rounds, 2 rights issues), with disclosed funding of ₹2,615.49 Cr; the latest was in October 2023.
The peers of GMR Generation Assets by revenue are Wpa Clean Energy Private Limited, Green Infra BTV Limited, Olive Ecopower Private Limited, Sri Balambika Textile Mills Private Limited, Molagavalli Renewable Private Limited and 5 more, all in the Cleantech industry (Wind Power).
Vithala Satyanarayana Murthy ceased to be Additional Director on 05 Feb 2026. Vithala Satyanarayana Murthy was appointed as Director on 17 Oct 2025. Anirban Mukhopadhyay was appointed as Manager on 18 Jan 2023. GMR Generation Assets has 30 board changes on record in total.
GMR Generation Assets has 2 MSME Form 1 returns on record between 2021 and 2022, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 27 Apr 2022.