Gre Renew Enertech Limited - electrical in Mehsana, Gujarat, India. FY 2026 financials & compliance.
CIN L31100GJ2008PLC055304 Incorporated 24 October 2008 ROC Ahmedabad HQ Mehsana, Gujarat, India
Active Listed - BSE: 544682 Public Limited Company electrical MSME · Medium
Data last updated
Market Cap
₹303 Cr
GRERENEW · BSE
Share Price
₹215.00
+1.42% today
Revenue
₹115 Cr
FY 2025-26 · +44.8% YoY
EBITDA
₹15.52 Cr
Margin 13.4%
Net Profit
₹12.08 Cr
FY 2025-26 · +72.3% YoY
P/E (TTM)
25.1x
P/B 4.4x
ROE
26.7%
ROCE 35.1%
Debt / Equity
0.04
Interest cover 2.3x

About Gre Renew Enertech Limited

Data last updated:

Gre Renew Enertech Limited is a public limited company based in Mehsana, Gujarat, India. It operates in the general purpose and special purpose machinery and equipment segment of the electrical equipment sector. It was incorporated on 24 October 2008 and has been in existence for over 18 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L31100GJ2008PLC055304. Its GSTIN is 24AADCG3041P1ZL (Gujarat). The company holds 2 GST registrations, all of them active. It is a listed company as per MCA records. Its shares are listed on BSE: 544682.

The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹14.29 Cr. It was formerly known as Gre Electronics Private Limited. It is led by directors including Kamleshkumar Dahyalal Patel (Managing Director) and Kirtikumar Kantilal Suthar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 31 July 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 423 G.I.D.C. – II Dediyasan, Mehsana, Gujarat, India – 384002.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹115.35 Cr, a growth of 44.8% compared to the previous year. For the same year it recorded a net profit of ₹12.08 Cr (net margin 10.5%) and EBITDA of ₹15.52 Cr (EBITDA margin 13.5%). The net worth stands at ₹68.72 Cr (up 215.4% YoY). Total assets are valued at ₹70.48 Cr (up 200.2% YoY).

The company has about 8 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: GRE Renew Enertech. As per MCA filings, the company has open charges of ₹23.46 Cr and satisfied charges of ₹12.05 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹4.45 Cr; the latest was in January 2026. Its 3 peer companies in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 1 larger and 2 smaller; the largest is Ateq Systems Analytic India Private Limited with revenue of ₹84.91 Cr.

Gre Renew Enertech Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-14-0000382). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greindia.com.

Company details

CIN L31100GJ2008PLC055304
Registration Number 055304
Incorporation Date 24 October 2008
ROC Ahmedabad
Listing Status Listed - Listed on BSE (544682)
Company Status Active
Date of Last AGM 31 July 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-14-0000382

Name history

Gre Renew Enertech has undergone 2 name changes throughout its history. The company was previously known as Gre Electronics Private Limited, and Gre Renew Enertech Limited. The current legal name is Gre Renew Enertech Limited.

Company NameStatus
Gre Renew Enertech LimitedCurrent
Gre Electronics Private LimitedPrevious

CIN history

Gre Renew Enertech has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L31100GJ2008PLC055304, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L31100GJ2008PLC055304Current
U31100GJ2008PLC055304Previous
U31100GJ2008PTC055304Previous

Recognitions & Rankings of Gre Renew Enertech

MSME (Udyam registered) Ministry of MSME
Category
Medium (2026-27)
Udyam number
UDYAM-GJ-14-0000382

Contact details

Gre Renew Enertech Limited's registered office is in Mehsana, Gujarat.

  • Registered Address
    Plot No. 423 G.I.D.C. – II Dediyasan, Mehsana, Gujarat, India – 384002
  • Industry
    Electrical, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment, Electrical Equipment
Comprehensive company report
Gre Renew Enertech 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Gre Renew Enertech operates one associated brand: GRE Renew Enertech. Each brand links to its own profile.

BrandDescriptionWebsite
Solar panels and energy-efficient LED lights are manufactured and installed.greindia.com

Business activity

The main business activity of Gre Renew Enertech is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Gre Renew Enertech Limited, buy the company report.

Financials of Gre Renew Enertech Limited

FY 2025-26 filings available

Gre Renew Enertech Limited reported revenue of ₹115.35 Cr (up 44.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹115 Cr
+44.8% YoY
EBITDA
₹15.52 Cr
+60.2% YoY
Profit After Tax
₹12.08 Cr
+72.3% YoY
Net Worth
₹68.72 Cr
+215.4% YoY
Total Assets
₹70.48 Cr
+200.2% YoY
Total Debt
₹1.68 Cr
+7.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Income statement
Revenue11579.6690.3452.22
Revenue growth+44.8%-11.8%+73.0%-
EBITDA15.529.6911.481.31
EBITDA margin+13.5%+12.2%+12.7%+2.5%
Profit before tax16.169.4512.631.52
Net profit12.087.019.201.41
Net profit margin+10.5%+8.8%+10.2%+2.7%
EPS (₹)8.456.6679.247.14
Balance sheet
Total assets70.4823.4825.7416.00
Net worth68.7221.7921.0311.14
Total debt1.681.564.574.75
Cash & bank27.502.866.301.70
Net working capital41.388.5021.1012.25
Cash flow
Cash from operations5.289.285.81(2.87)
Cash from investing(15.45)(11.78)(0.63)5.97
Cash from financing34.81(0.05)(0.58)(3.34)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2014-15
Income statement
Revenue11579.6676.0333.9711.3720.313.11
Revenue growth+44.8%+4.8%+123.8%+198.8%-44.0%--
EBITDA15.529.6910.941.410.481.280.31
EBITDA margin+13.5%+12.2%+14.4%+4.2%+4.2%+6.3%+10.0%
Profit before tax16.169.4510.691.030.230.68(0.02)
Net profit12.087.017.820.760.250.51(0.02)
Net profit margin+10.5%+8.8%+10.3%+2.2%+2.2%+2.5%-0.6%
EPS (₹)8.456.6664.436.171.994.020.71
Balance sheet
Total assets70.4823.4816.318.417.307.804.25
Net worth68.7221.7911.633.582.952.690.28
Total debt1.681.564.544.724.355.103.96
Cash & bank27.502.865.400.650.721.130.14
Net working capital41.388.5012.905.965.345.461.79
Cash flow
Cash from operations5.289.286.150.46(0.34)0.65-
Cash from investing(15.45)(11.78)(0.83)(0.60)(0.06)0.03-
Cash from financing34.81(0.05)(0.57)0.08(0.02)(0.68)-

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 27 Oct 2026
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Revenue11579.6690.3452.22
Revenue growth+44.8%-11.8%+73.0%-
Other income1.660.391.810.89
Total expenses99.8369.9778.8650.91
Employee cost2.761.762.002.10
EBITDA15.529.6911.481.31
EBITDA margin+13.5%+12.2%+12.7%+2.5%
Depreciation0.680.310.270.37
Interest0.340.320.390.31
Profit before tax16.169.4512.631.52
Tax4.082.442.730.63
Net profit12.087.019.201.41
Net profit margin+10.5%+8.8%+10.2%+2.7%
EPS (₹)8.456.6679.247.14
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Equity & liabilities
Share capital14.2910.521.251.25
Reserves & surplus54.4311.2719.789.89
Shareholders' funds (net worth)68.7221.7921.0311.14
Minority interest0.000.000.000.00
Secured loans1.221.223.993.80
Unsecured loans0.460.340.580.95
Total debt1.681.564.574.75
Total liabilities70.4823.4825.7416.00
Assets
Gross block16.676.097.175.99
Net block13.984.082.202.66
Capital work in progress6.618.611.530.29
Investments0.120.120.110.11
Inventories10.924.014.814.05
Sundry debtors9.808.985.451.97
Cash & bank balances27.502.866.301.70
Loans & advances15.844.1127.9240.17
Total current assets64.0619.9644.4847.89
Total current liabilities22.6811.4623.3835.64
Net working capital41.388.5021.1012.25
Total assets70.4823.4825.7416.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Opening cash2.865.401.701.94
Net cash from operating activities5.289.285.81(2.87)
Net cash from investing activities(15.45)(11.78)(0.63)5.97
Net cash from financing activities34.81(0.05)(0.58)(3.34)
Net change in cash24.64(2.55)4.60(0.24)
Closing cash27.502.866.301.70
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23
Growth
Sales growth+44.8%-11.8%+73.0%-
EBITDA growth+60.2%-15.6%+776.3%-
PBT growth+71.0%-25.2%+730.9%+9997.0%
Net income growth+72.3%-23.8%+552.5%-
Revenue CAGR (3Y)+30.2%---
EBITDA CAGR (3Y)+128.0%---
Profitability & leverage
Net income margin+10.5%+8.8%+11.0%+1.7%
Return on capital employed+35.1%+39.7%+62.4%+17.0%
Return on net worth+26.7%+32.7%+61.6%+12.7%
Debt / equity0.040.140.290.43
Long-term debt / equity0.030.070.100.12
Interest cover2.293.413.4832.98
Efficiency & per share
Fixed asset turnover10.1412.0213.738.72
Inventory turnover15.4518.0620.3912.89
Debtors turnover12.2811.0424.3526.51
EPS (₹)8.456.6679.247.14
Dividend per share (₹)0.000.000.000.00
Book value per share (₹)48.1020.71168.2789.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2014-15
Revenue11579.6676.0333.9711.3720.313.11
Revenue growth+44.8%+4.8%+123.8%+198.8%-44.0%--
Other income1.660.390.370.080.260.040.18
Total expenses99.8369.9765.0932.5610.8919.032.80
Employee cost2.761.760.900.740.560.430.10
EBITDA15.529.6910.941.410.481.280.31
EBITDA margin+13.5%+12.2%+14.4%+4.2%+4.2%+6.3%+10.0%
Depreciation0.680.310.230.160.130.150.24
Interest0.340.320.390.300.380.490.27
Profit before tax16.169.4510.691.030.230.68(0.02)
Tax4.082.442.640.27(0.02)0.170.00
Net profit12.087.017.820.760.250.51(0.02)
Net profit margin+10.5%+8.8%+10.3%+2.2%+2.2%+2.5%-0.6%
EPS (₹)8.456.6664.436.171.994.020.71
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2014-15
Equity & liabilities
Share capital14.2910.521.251.251.251.250.15
Reserves & surplus54.4311.2710.382.331.701.440.13
Shareholders' funds (net worth)68.7221.7911.633.582.952.690.28
Secured loans1.221.223.993.801.873.052.15
Unsecured loans0.460.340.550.922.482.051.81
Total debt1.681.564.544.724.355.103.96
Total liabilities70.4823.4816.318.417.307.804.25
Assets
Gross block16.656.062.843.172.872.772.22
Net block13.984.071.041.431.291.321.82
Capital work in progress6.618.611.530.290.000.000.00
Investments0.120.120.110.110.110.110.63
Inventories10.924.014.443.812.523.542.52
Sundry debtors9.808.985.451.972.721.740.96
Cash & bank balances27.502.865.400.650.721.130.14
Loans & advances15.844.1120.9835.070.501.870.45
Total current assets64.0619.9636.2741.506.468.284.07
Total current liabilities22.6811.4623.3735.541.122.822.28
Net working capital41.388.5012.905.965.345.461.79
Total assets70.4823.4816.318.417.307.804.25
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2014-15
Opening cash2.865.400.650.721.131.13-
Net cash from operating activities5.289.286.150.46(0.34)0.65-
Net cash from investing activities(15.45)(11.78)(0.83)(0.60)(0.06)0.03-
Net cash from financing activities34.81(0.05)(0.57)0.08(0.02)(0.68)-
Net change in cash24.64(2.55)4.75(0.06)(0.42)0.00-
Closing cash27.502.865.400.650.721.13-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2014-15
Growth
Sales growth+44.8%+4.8%+123.8%+198.8%-44.0%--
EBITDA growth+60.2%-11.4%+675.9%+193.8%-62.5%--
PBT growth+71.0%-11.6%+937.9%+347.8%-66.2%+9998.0%+66.7%
Net income growth+72.3%-10.4%+929.0%+204.0%-51.0%--
Revenue CAGR (3Y)+50.3%+91.4%+55.3%+121.9%+80.3%--
EBITDA CAGR (3Y)+122.5%+172.3%+104.5%+65.7%+58.7%--
Profitability & leverage
Net income margin+10.5%+8.8%+10.6%+2.2%+2.2%+2.5%-0.6%
Return on capital employed+35.1%+49.1%+89.6%+16.9%+8.1%+14.9%-
Return on net worth+26.7%+41.9%+105.9%+23.6%+8.9%+18.6%-
Debt / equity0.040.180.611.391.671.90-
Long-term debt / equity0.030.100.210.200.010.02-
Interest cover2.293.413.6424.00108.5743.36385.71
Efficiency & per share
Fixed asset turnover10.1617.9025.3011.254.037.33-
Inventory turnover15.4518.8518.4310.733.755.74-
Debtors turnover12.2811.0420.4914.495.1011.67-
EPS (₹)8.456.6664.436.171.994.020.71
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)48.1020.7193.0028.6423.6121.5618.55

To see the full year-wise statements and ratios of Gre Renew Enertech Limited, buy the company report.

Board of directors of Gre Renew Enertech Limited

Gre Renew Enertech has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Kamleshkumar Dahyalal PatelManaging Director24 Oct 200818 Years 0 MonthsCurrent
Kirtikumar Kantilal SutharWhole-Time Director24 Oct 200818 Years 0 MonthsCurrent
Lokesh Laxmanbhai DaveDirector18 May 20242 Years 5 MonthsCurrent
Kavita KhatriDirector18 May 20242 Years 5 MonthsCurrent
Mehul Ganesh RajputDirector18 May 20242 Years 5 MonthsCurrent
Mukeshkumar Prahladbhai TrivediWhole-Time Director31 Mar 20242 Years 6 MonthsCurrent

Peer comparison

Gre Renew Enertech Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gre Renew Enertech Limitedthis company₹115.35 Cr (FY 2026)₹12.08 Cr10.5%44.8%Mehsana, Gujarat, India
Ateq Systems Analytic India Private Limited₹84.91 Cr (FY 2025)36.0%Pune, Maharashtra, India
Essel Foundries Private Limited₹84.2 Cr (FY 2025)-1.0%New Delhi, Delhi, India
Eon Electric Limited₹83.99 Cr (FY 2019)-49.0%Sonipat, Haryana, India

To see the full peer comparison of Gre Renew Enertech Limited, buy the company report.

Charges & borrowings

Open charges
₹23.46 Cr
Satisfied charges
₹12.05 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹23.46 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
12 Nov 2025101181723Hdfc Bank Limited₹20 LakhOpen
07 Nov 2025101179206Hdfc Bank Limited₹25.85 LakhOpen
01 Oct 2022100623600Hdfc Bank Limited₹14.99 LakhOpen
26 Feb 2018100159060Hdfc Bank Limited₹9.63 CrOpen
02 Feb 2018100151651Hdfc Bank Limited₹13.22 CrOpen

To see the full charge records of Gre Renew Enertech Limited, buy the company report.

Total charge records: 13 View all charges

Deals & funding

Gre Renew Enertech Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹4.45 Cr; the latest was in January 2026.

Total deals
6
Funding rounds
3
Secondary share transfers
2
IPO
1
Disclosed funding
₹4.45 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Jan 2026IPO₹39.56 CrInvestors: Viney Growth Fund, SMC India Opportunities, Rajasthan Global Securities Private Limited
May 2024Funding round₹3.25 CrInvestors: Persistent Growth Fund Varsu India Growth Story Scheme 1, 3 individuals
Mar 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals
Mar 2024Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 3 individuals
May 2017Funding round₹1.1 CrInvestors: 4 individuals

To see the full deal history of Gre Renew Enertech Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Gre Renew Enertech Limited was last rated by Crisil on 24 Jan 2018.

Rating agencyRated onRating
Crisil24 Jan 2018

To see the full credit ratings and regulatory alerts of Gre Renew Enertech Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Gre Renew Enertech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Gre Renew Enertech has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
24AADCG3041P1ZLGujaratActive01 Jul 2017
08AADCG3041P1ZFRajasthanActive05 Nov 2024

To see the full GST registrations and return filing status of Gre Renew Enertech Limited, buy the company report.

Recent activity

Gre Renew Enertech Limited has 14 board changes on record since 2008: 6 appointments and 8 cessations. The latest: Kirtikumar Kantilal Suthar ceased to be Director on 25 Aug 2024.

Charges
A charge registered on 18 Jun 2020 via Charge ID 100343724 with Hdfc Bank Limited was fully satisfied on 03 Aug 2026.
Charges
A charge registered on 23 Jul 2019 via Charge ID 100281218 with Hdfc Bank Limited was fully satisfied on 03 Aug 2026.
Charges
A charge with Hdfc Bank Limited of Rs. 13.22 Cr registered on 02 Feb 2018 with Charge ID 100151651 was modified on 10 Jul 2026.
Filing
Gre Renew Enertech Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Ahmedabad.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101181723 was registered on 12 Nov 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.26 Cr with Charge ID 101179206 was registered on 07 Nov 2025.
AGM
Gre Renew Enertech Limited last Annual general meeting of members was held on 31 Jul 2025 as per latest MCA records.
Ceased
Kirtikumar Kantilal Suthar ceased to be Director.
Ceased
Kavita Khatri ceased to be Additional Director.
Ceased
Lokesh Laxmanbhai Dave ceased to be Additional Director.
Ceased
Mehul Ganesh Rajput ceased to be Additional Director.
Ceased
Mukeshkumar Prahladbhai Trivedi ceased to be Additional Director.

30 earlier events are in the company report.

Frequently asked questions

Gre Renew Enertech is an active public limited company based in Mehsana, Gujarat, India. The company works in general purpose and special purpose machinery and equipment, within the electrical industry. It was incorporated on 24 October 2008 (18+ years old) and is registered under CIN L31100GJ2008PLC055304. Listed on BSE: 544682.

Gre Renew Enertech reported revenue of ₹115.35 Cr for FY 2025-26 (up 44.8% YoY) based on consolidated financials.

Gre Renew Enertech has 6 current directors:

The latest financial statements of Gre Renew Enertech on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 July 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Gre Renew Enertech is 24AADCG3041P1ZL, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AADCG3041P1ZF (Rajasthan).

The CIN (Corporate Identification Number) of Gre Renew Enertech is L31100GJ2008PLC055304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Gre Renew Enertech is a listed company as per MCA records. Its shares are listed on BSE (code: 544682).

Gre Renew Enertech has 4 court cases on record: 3 filed by the company and 1 filed against it.

Gre Renew Enertech was incorporated on 24 October 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Gre Renew Enertech has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 ipo), with disclosed funding of ₹4.45 Cr; the latest was in January 2026.

The peers of Gre Renew Enertech by revenue are Ateq Systems Analytic India Private Limited, Essel Foundries Private Limited, Eon Electric Limited, all in the Power industry (EPC, BoP and BTG, Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).