
About GMR Warora Energy Limited
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GMR Warora Energy Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Gmr Energy Limited. It operates in the thermal power generation and plants segment of the energy and power sector. It was incorporated on 04 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2005PLC155140.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹1,114.92 Cr. It was formerly known as Emco Energy Limited. It is led by directors including Ashis Basu (Whole-Time Director) and Dhananjay Vasantrao Deshpande (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,950.66 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹188.05 Cr (net margin 9.6%) and EBITDA of ₹578.93 Cr (EBITDA margin 29.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 1% over five years.
The company is associated with 1 brand: GMR Group. As per MCA filings, the company has open charges of ₹3,603.5 Cr and satisfied charges of ₹9,838.62 Cr on record. Court records list 34 cases involving the company, including 14 filed by the company and 20 filed against it; 9 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in July 2009. Its 8 peer companies in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is JSW Energy (Barmer) Limited with revenue of ₹2,839.34 Cr. The company has 16 MSME Form 1 returns on record between 2019 and 2024, listing 561 overdue payments to 155 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.
Company details
CIN history
GMR Warora Energy has one previous CIN (Corporate Identification Number): U40100MH2005PTC155140. The current CIN is U40100MH2005PLC155140, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100MH2005PLC155140 | Current |
| U40100MH2005PTC155140 | Previous |
Contact details
GMR Warora Energy Limited's registered office is in Mumbai, Maharashtra. Its website is gmrgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address701/704 7th Floor Naman Centre A – Wing BKC (Bandra Kurla Complex) Band, Ra, Mumbai, Maharashtra, India – 400051
- IndustryEnergy and Power, Thermal Power Generation & Plants
To see the full contact details of GMR Warora 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
Brands
GMR Warora Energy operates one associated brand: GMR Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Infrastructure finance for international airports and energy utilities is provided. | gmrgroup.in |
Business activity
The main business activity of GMR Warora 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 Warora Energy Limited, buy the company report.
Financials of GMR Warora Energy Limited
FY 2025 filings availableGMR Warora Energy Limited reported revenue of ₹1,950.66 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 2% growth in the latest year. EBITDA rose 6% 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 | ₹578.93 Cr | ||||
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| Net Profit (PAT) | ₹188.05 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 | 29.7% | ||||
| Net Profit Margin | 9.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of GMR Warora Energy Limited, buy the company report.
Board of directors of GMR Warora Energy Limited
GMR Warora Energy has 5 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashis Basu Also directs: GMR Kamalanga Energy Limited, GMR Energy Limited, GMR Energy Trading Limited and 5 more | Whole-Time Director | 15 Apr 2015 | 11 Years 6 Months | Current |
| Suman Naresh Sabnani Also directs: GMR Kamalanga Energy Limited, GMR Power and Urban Infra Limited, Delhi Airport Parking Services Private Limited and 1 more | Director | 05 Sep 2023 | 3 Years 2 Months | Current |
| Dhananjay Vasantrao Deshpande Also directs: GMR Kamalanga Energy Limited | Whole-Time Director | 23 Nov 2016 | 9 Years 11 Months | Current |
| Srinivasachari Rajagopal Also directs: GMR Kamalanga Energy Limited, GMR Highways Limited, Wisdomleaf Technologies Private Limited and 1 more | Director | 27 Mar 2020 | 6 Years 7 Months | Current |
| Mundayat Ramachandran | Director | 09 Jan 2018 | 8 Years 10 Months | Current |
Peer comparison
GMR Warora Energy Limited is compared with the 8 companies closest to it by revenue in the Power industry (Thermal Power Plants), 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 |
|---|---|---|---|---|---|---|
| JSW Energy (Barmer) Limited | ₹2,839.34 Cr (FY 2025) | -4.0% | Mumbai, Maharashtra, India | |||
| Meil Anpara Energy Limited | ₹2,673.46 Cr (FY 2025) | -9.0% | Lucknow, Uttar Pradesh, India | |||
| Haldia Energy Limited | ₹2,114.09 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India | |||
| Dhariwal Infrastructure Limited | ₹2,017.98 Cr (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| GMR Warora Energy Limitedthis company | ₹1,950.66 Cr (FY 2025) | ₹188.05 Cr | 9.6% | 2.0% | Mumbai, Maharashtra, India | |
| Sepc Power Private Limited | ₹1,907.49 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Opg Power Generation Private Limited | ₹1,789.52 Cr (FY 2025) | 4.0% | Gummidipoondi, Tamil Nadu, India | |||
| Adhunik Power & Natural Resources Limited | ₹1,756.23 Cr (FY 2025) | -1.0% | Kolkata, West Bengal, India | |||
| Tripura State Electricity Corporation Limited | ₹1,749.57 Cr (FY 2024) | 5.0% | Agartala, Tripura, India |
To see the full peer comparison of GMR Warora Energy Limited, buy the company report.
Auditor
GMR Warora Energy Limited is audited by S.R. Batliboi & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Associates LLP | FY 2023 | 101049W/E300004 |
Shareholding
The shareholding of GMR Warora Energy 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 GMR Warora Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2022 | 100641398 | Sbicap Trustee Company Limited | ₹554.53 Cr | Open | |
| 07 Oct 2022 | 100641492 | Sbicap Trustee Company Limited | ₹223.35 Cr | Open | |
| 07 Oct 2022 | 100622411 | Sbicap Trustee Company Limited | ₹2,825.61 Cr | Open | |
| 07 Oct 2022 | 100641491 | Sbicap Trustee Company Limited | ₹75 Cr | Satisfied | |
| 28 Jun 2016 | 100035707 | Axis Bank Limited | ₹90 Cr | Satisfied |
To see the full charge records of GMR Warora Energy Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
GMR Warora Energy Limited has 1 deal on record (1 acquisition); the latest was in July 2009.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2009 | Acquisition | Undisclosed | Buyer: GMR Energy Limited Seller: Emco Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GMR Warora Energy Limited has 34 court cases on record: 14 filed by GMR Warora Energy, 20 filed against it. 9 cases are pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 15 | 11 | 6 |
| District courts | 10 | 7 | 1 |
| High courts | 8 | 1 | 2 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Aryan Renewable Energy Private Pvt. Ltd | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Vedanta Limited (Now Known As Vedanta Aluminium Metal Limited) | 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 against the company by Maharashtra State Electricity Distribution Company Limited Through Its Chief Engineer Power Purchase,5Thfloor, Prakashgadh, Plot No G-9, Anantkanekarmarg, Bandra (East), Mumbai ,Mumbai , Maharashtra | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Maharashtra State Electricity Transmission Company Ltd. Through Its Managing Director Plot No. C-19, E-Block, &Quot;Prakashganga&Quot;, Bandra Kurla Complex, Bandra East , District: Mumbai ,Mumbai , Maharashtra | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Maharashtra State Electricity Distribution Co. Ltd. Through Its Chief Engineer Hongkong Bank Building. M.G. Road, Fort , District: Mumbai ,Mumbai , Maharashtra | Pending |
To see the full case history of GMR Warora 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 Warora Energy Limited was last rated by Care on 27 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 27 Sep 2022 |
To see the full credit ratings and regulatory alerts of GMR Warora Energy Limited, buy the company report.
MSME payment delays
GMR Warora Energy Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 561 overdue payments to 155 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 155)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aditya Air Products Private Limited | |||
| an individual supplier | |||
| Mark Engineering Corporation | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of GMR Warora Energy Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for GMR Warora Energy Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GMR Warora Energy Limited has 36 board changes on record since 2006: 8 appointments and 28 cessations. The latest: Suman Naresh Sabnani ceased to be Additional Director on 28 Sep 2023.
63 earlier events are in the company report.
News
Frequently asked questions
GMR Warora Energy is an active public limited company based in Mumbai, Maharashtra, India. The company works in thermal power generation and plants, within the energy and power industry. It was incorporated on 04 August 2005 (21+ years old) and is registered under CIN U40100MH2005PLC155140.
GMR Warora Energy has 5 current directors:
- Ashis Basu - Whole-Time Director
- Dhananjay Vasantrao Deshpande - Whole-Time Director
- Suman Naresh Sabnani - Director
- Srinivasachari Rajagopal - Director
- Mundayat Ramachandran - Director
The latest financial statements of GMR Warora Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of GMR Warora Energy is U40100MH2005PLC155140. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GMR Warora Energy has 34 court cases on record: 14 filed by the company and 20 filed against it. 9 are pending. Most are in the supreme court.
GMR Warora Energy was incorporated on 04 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
GMR Warora Energy has 1 deal on record (1 acquisition); the latest was in July 2009.
The peers of GMR Warora Energy by revenue are JSW Energy (Barmer) Limited, Meil Anpara Energy Limited, Haldia Energy Limited, Dhariwal Infrastructure Limited, Sepc Power Private Limited and 3 more, all in the Power industry (Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Suman Naresh Sabnani ceased to be Additional Director on 28 Sep 2023. Suman Naresh Sabnani was appointed as Director on 05 Sep 2023. Srinivas Bommidala ceased to be Managing Director on 05 Jan 2022. GMR Warora Energy has 36 board changes on record in total.
GMR Warora Energy has 16 MSME Form 1 returns on record between 2019 and 2024, listing 561 overdue payments to 155 micro and small suppliers. The latest return was filed on 01 May 2024.
GMR Warora Energy can be reached through the website gmrgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of GMR Warora Energy is at 701704 7th Floor Naman Centre A – Wing BKC Bandra Kurla Complex Band, Ra, Mumbai, Maharashtra, India – 400051.

