About Green Alternative Solution Private Limited
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Green Alternative Solution Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 09 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40104GJ2007PTC049976. Its GSTIN is 24AAECR1633B1Z0 (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹7.2 Lakh. It was formerly known as Rudraksha Power Private Limited. It is led by directors Sanjiv Digambar Bharambe and Mitalkumar Rajendrabhai Patel.
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 Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.72 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net profit of ₹7.53 Lakh (net margin 4.4%) and EBITDA of ₹49.66 Lakh (EBITDA margin 28.8%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 32% over five years.
As per MCA filings, the company has open charges of ₹3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website greenalternativesolution.org.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressIn Farm Green Veely Road, At Po Ampad, Vadodara, Gujarat, India – 391101
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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 Green Alternative Solution Private Limited
The main business activity of Green Alternative Solution is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Green Alternative Solution Private Limited FY 2025 filings available
Green Alternative Solution Private Limited reported revenue of ₹1.72 Cr (down 90% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Green Alternative Solution Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 90% fall in the latest year. EBITDA fell 24% 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 Green Alternative Solution Private 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 | ₹49.66 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.53 Lakh | •••• | •••• | •••• | •••• |
| 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 Green Alternative Solution Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.4% | •••• | •••• | •••• | •••• |
| 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 Green Alternative Solution 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 Green Alternative Solution Private Limited
Green Alternative Solution Private Limited is compared with the companies closest to it by revenue in the Infrastructure industry (Power Projects). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Greenwish Electricals India Limited | ₹1.8 Cr (FY 2024) | •••• | •••• | -78.0% | •••• | Secunderabad, Telangana, India |
| Ganesha Wind Park Private Limited | ₹1.8 Cr (FY 2025) | •••• | •••• | 82.0% | •••• | Jamnagar, Gujarat, India |
| Encon Expertise Private Limited | ₹1.78 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Kalyan, Maharashtra, India |
| Ecosol Renewables Private Limited | ₹1.74 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Pune, Maharashtra, India |
| MK Power Projects Private Limited | ₹1.73 Cr (FY 2023) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Green Alternative Solution Private Limited this company | ₹1.72 Cr (FY 2025) | •••• | •••• | -90.0% | •••• | Vadodara, Gujarat, India |
| Shine Power Private Limited | ₹1.71 Cr (FY 2024) | •••• | •••• | -33.0% | •••• | Chandigarh, India |
| PD Projects and Consultants Private Limited | ₹1.68 Cr (FY 2023) | •••• | •••• | 192.0% | •••• | Raha, Assam, India |
| Zaveri Energy Private Limited | ₹1.68 Cr (FY 2016) | •••• | •••• | 2999.0% | •••• | Ahmedabad, Gujarat, India |
| Ranka-N-Ranka Infrastructure Private Limited | ₹1.68 Cr (FY 2025) | •••• | •••• | -74.0% | •••• | Bangalore, Karnataka, India |
| Swastik Renewable Energy Solutions Private Limited | ₹1.66 Cr (FY 2016) | •••• | •••• | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Green Alternative Solution by revenue in the Infrastructure industry (Power Projects), 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 Green Alternative Solution Private Limited
Green Alternative Solution Private Limited is audited by PRAKASH CHANDRA JAIN & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| PRAKASH CHANDRA JAIN & 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 Green Alternative Solution Private Limited
Green Alternative Solution has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjiv Digambar Bharambe Also directs: Cresta Greens LLP, Solventra Specialty Chemicals LLP, Arika Solar Harvest Private Limited and 1 more | Director | 09 Feb 2007 | 19 Years 8 Months | Current |
| Mitalkumar Rajendrabhai Patel | Director | 27 Jun 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Green Alternative Solution Private 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 Green Alternative Solution Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2019 | Others | ₹3 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Green Alternative Solution Private Limited
Employment history and EPFO contributions of people linked to Green Alternative Solution.
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.
Recent Activity on Green Alternative Solution Private Limited
Green Alternative Solution Private Limited has 5 board changes on record since 2007: 2 appointments and 3 cessations. The latest: Jaspalsingh Charanjitsingh Suri ceased to be Director on 27 Jun 2017.
Credit Ratings, Litigation & Regulatory Alerts for Green Alternative Solution Private 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.
MSME Payment Delays by Green Alternative Solution Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Green Alternative Solution Private 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 Green Alternative Solution Private Limited
Green Alternative Solution has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECR1633B1Z0 | 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 Green Alternative Solution Private 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 Green Alternative Solution Private Limited
Green Alternative Solution is an active private limited company based in Vadodara, Gujarat, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 09 February 2007 (19+ years old) and is registered under CIN U40104GJ2007PTC049976.
Green Alternative Solution reported revenue of ₹1.72 Cr for FY 2025 (down 90% YoY).
Green Alternative Solution has 2 current directors:
- Sanjiv Digambar Bharambe - Director
- Mitalkumar Rajendrabhai Patel - Director
Green Alternative Solution reported a net profit of ₹7.53 Lakh (net margin 4.4%) and EBITDA of ₹49.66 Lakh (EBITDA margin 28.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Green Alternative Solution is 63% over three years and -32% over five years. In the latest year (FY 2025) revenue fell 90%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Green Alternative Solution is 24AAECR1633B1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Green Alternative Solution is U40104GJ2007PTC049976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Green Alternative Solution was incorporated on 09 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Green Alternative Solution by revenue are Greenwish Electricals India Limited, Ganesha Wind Park Private Limited, Encon Expertise Private Limited, Ecosol Renewables Private Limited, MK Power Projects Private Limited and 5 more, all in the Infrastructure industry (Power Projects).
Jaspalsingh Charanjitsingh Suri ceased to be Director on 27 Jun 2017. Mitalkumar Rajendrabhai Patel was appointed as Director on 27 Jun 2017. Nilesh Jayantilal Patel ceased to be Director on 27 Jun 2017. Green Alternative Solution has 5 board changes on record in total.
Green Alternative Solution can be reached through the website greenalternativesolution.org. Its registered office is in Vadodara, Gujarat, India.