About Hero Future Energies Private Limited
Data last updated:
Hero Future Energies Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 18 October 2012.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U40101DL2012PTC243852.
The company had an authorised share capital of ₹1,675 Cr and a paid-up capital of ₹1,080.85 Cr. It was formerly known as Hero Clean Power Private Limited and Hero Future Energies Limited. It was led by directors including Rahul Munjal (Managing Director) and Suman Kant Munjal.
Its last annual general meeting (AGM) was held on 30 August 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 202 Third Floor Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,587.16 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net loss of ₹24.49 Cr (net margin -1.5%) and EBITDA of ₹1,244.19 Cr (EBITDA margin 78.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 7% over five years.
Its group structure included 6 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹113.15 Cr on record.
The last known website on record is herofutureenergies.com.
Company details
Name history
Hero Future Energies has undergone 2 name changes throughout its history. The company was previously known as Hero Clean Power Private Limited, and Hero Future Energies Limited. The current legal name is Hero Future Energies Private Limited.
| Company Name | Status |
|---|---|
| Hero Future Energies Private Limited | Current |
| Hero Clean Power Private Limited | Previous |
| Hero Future Energies Limited | Previous |
CIN history
Hero Future Energies has one previous CIN (Corporate Identification Number): U40101DL2012PLC243852. The current CIN is U40101DL2012PTC243852, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40101DL2012PTC243852 | Current |
| U40101DL2012PLC243852 | Previous |
Contact details
Hero Future Energies Private Limited's registered office is in New Delhi, Delhi. Its website is herofutureenergies.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address202 Third Floor Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Hero Future Energies Private 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
Business activity
The main business activity of Hero Future Energies 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 Hero Future Energies Private Limited, buy the company report.
Financials of Hero Future Energies Private Limited
FY 2017 filings availableHero Future Energies Private Limited reported revenue of ₹1,587.16 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 5% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1,244.19 Cr | ||||
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| Net Profit (PAT) | -₹24.49 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 78.4% | ||||
| Net Profit Margin | -1.5% | ||||
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To see the full financial statements and ratios of Hero Future Energies Private Limited, buy the company report.
Board of directors and KMP of Hero Future Energies Private Limited
Hero Future Energies Private Limited currently reports 7 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jean Paul Andre Philippe Pinard | Nominee Director | 30 Aug 2017 | 9 Years 2 Months | As last reported |
| Suman Kant Munjal | Director | 18 Oct 2012 | 14 Years 0 Months | As last reported |
| Pawan Munjal Also directs: Hero Motocorp Limited, Munjal Acme Packaging Systems Private Limited, Rockman Industries Limited and 5 more | Director | 18 Oct 2012 | 14 Years 0 Months | As last reported |
| Sunil Kant Munjal Also directs: Hero Steels Limited, Rockman Industries Limited, Hero Corporate Service Private Limited and 5 more | Director | 18 Oct 2012 | 14 Years 0 Months | As last reported |
| Mayur Maheshwari Also directs: Clean Renewable Energy Hybrid Two Private Limited | Company Secretary | 01 Feb 2013 | 13 Years 9 Months | As last reported |
| Vivek Mehra | Director | 30 Aug 2017 | 9 Years 2 Months | As last reported |
Peer comparison
Hero Future Energies Private 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 |
|---|---|---|---|---|---|---|
| Greenko Energies Private Limited | ₹2,925.73 Cr (FY 2025) | 13.0% | Hyderabad, Telangana, India | |||
| Hero Future Energies Private Limitedthis company | ₹1,587.16 Cr (FY 2024) | -₹24.49 Cr | -1.5% | -4.0% | New Delhi, Delhi, India | |
| Sterlite Grid 5 Limited | ₹1,494.85 Cr (FY 2025) | 16.0% | Pune, Maharashtra, India | |||
| Ongc Tripura Power Company Limited | ₹1,378.91 Cr (FY 2025) | -12.0% | Udaipur, Tripura, India | |||
| GVK Power & Infrastructure Limited | ₹879.15 Cr (FY 2025) | -24.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Hero Future Energies Private Limited, buy the company report.
Auditor
Hero Future Energies Private Limited is audited by S R DINODIA & CO LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R DINODIA & CO LLP | FY 2016 | 001478N |
Shareholding
The shareholding of Hero Future Energies Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hero Future Energies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Dec 2015 | 10611392 | Icici Bank Limited | ₹54.75 Cr | Satisfied | |
| 13 Apr 2015 | 10567332 | Yes Bank Limited | ₹58.4 Cr | Satisfied |
To see the full charge records of Hero Future Energies Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Hero Future Energies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Hero Future Energies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hero Future Energies has 6 subsidiary companies. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hero Solar Energy Private Limited | U40106DL2013PTC250501 | |
| Hero Solar Energy Private Limited | U40106DL2013PTC250501 | |
| Hero Wind Energy Private Limited | U40300DL2013PTC251839 | |
| Hero Wind Energy Private Limited | U40300DL2013PTC251839 | |
| Clean Solar Power (Hiriyur) Private Limited | U40300DL2013PTC253648 | |
| Hero Future Energies Private Limited | U40300DL2013PTC253648 |
To see the full group structure of Hero Future Energies Private Limited, buy the company report.
GST
No GST registration is on our record for Hero Future Energies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hero Future Energies Private Limited has 13 board changes on record since 2012: 8 appointments and 5 cessations. The latest: Jean Paul Andre Philippe Pinard was appointed as Nominee Director on 30 Aug 2017.
8 earlier events are in the company report.
News
Frequently asked questions
Hero Future Energies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Hero Future Energies was a private limited company based in New Delhi, Delhi, India. The company worked in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 18 October 2012 and is registered under CIN U40101DL2012PTC243852. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Hero Future Energies was incorporated on 18 October 2012. It is registered with the Registrar of Companies, Delhi.
Hero Future Energies had 8 directors and KMP:
- Rahul Munjal - Managing Director
- Jean Paul Andre Philippe Pinard - Nominee Director
- Suman Kant Munjal - Director
- Pawan Munjal - Director
- Sunil Kant Munjal - Director
- Vivek Mehra - Director
- Renu Munjal - Director
- Mayur Maheshwari - Company Secretary
The CIN (Corporate Identification Number) of Hero Future Energies is U40101DL2012PTC243852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Hero Future Energies is at 202 Third Floor Okhla Industrial Estate Phase – III, New Delhi, Delhi, India – 110020.
Hero Future Energies can be reached through the website herofutureenergies.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of Hero Future Energies on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 August 2017. Year-wise statements from 2015 are in the company report.
Hero Future Energies operated in the infrastructure and utilities industry, in the power infrastructure and energy projects segment.
The peers of Hero Future Energies by revenue are Greenko Energies Private Limited, Sterlite Grid 5 Limited, Ongc Tripura Power Company Limited, GVK Power & Infrastructure Limited, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Jean Paul Andre Philippe Pinard was appointed as Nominee Director on 30 Aug 2017. Vivek Mehra was appointed as Director on 30 Aug 2017. Vivek Mehra ceased to be Additional Director on 30 Aug 2017. Hero Future Energies has 13 board changes on record in total.
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