Himachal Renewables Limited
About Himachal Renewables Limited
Data last updated:
Himachal Renewables Limited is a public limited company based in Shimla, Himachal Pradesh, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 14 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40106HP2016PLC006347. Its GSTIN is 02AAECH0194H1ZY (Himachal Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.42 Cr. It is led by directors including Lukesh Kumar and Sanjay Kaushal.
Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O Himachal Pradesh State Electricity Board Ltd Vidyut Bhawan, Shimla, Himachal Pradesh, India – 171004.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.58 Lakh, a decline of 64% compared to the previous year. For the same year it recorded a net loss of ₹86.64 Lakh and EBITDA of ₹2.23 Lakh (EBITDA margin 21.1%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has open charges of ₹13.15 Cr and satisfied charges of ₹14.48 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Himachal Renewables Limited's registered office is in Shimla, Himachal Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC/O Himachal Pradesh State Electricity Board Ltd Vidyut Bhawan, Shimla, Himachal Pradesh, India – 171004
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Himachal Renewables 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 Himachal Renewables 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 |
Financials of Himachal Renewables Limited
FY 2025 filings availableHimachal Renewables Limited reported revenue of ₹10.58 Lakh (down 64% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 64% fall in the latest year. EBITDA fell 89% 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 | ₹2.23 Lakh | ||||
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| Net Profit (PAT) | -₹86.64 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 21.1% | ||||
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To see the full financial statements and ratios of Himachal Renewables Limited, buy the company report.
Board of directors of Himachal Renewables Limited
Himachal Renewables has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lukesh Kumar | Nominee Director | 27 Jul 2022 | 4 Years 3 Months | Current |
| Sanjay Kaushal | Nominee Director | 05 Feb 2024 | 2 Years 8 Months | Current |
| Sunil Kumar Mehlawat Also directs: Solar Energy Corporation of India Limited | Nominee Director | 09 May 2024 | 2 Years 5 Months | Current |
| Atulya Kumar Naik Also directs: Renewable Power Corporation of Kerala Limited | Nominee Director | 14 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Himachal Renewables Limited is audited by CPM & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CPM & Co. | FY 2023 | 016611N |
Shareholding
The shareholding of Himachal Renewables 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 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Himachal Renewables Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jul 2024 | 100953309 | Others | ₹13.15 Cr | Open | |
| 12 Dec 2019 | 100312874 | Others | ₹14.48 Cr | Satisfied |
To see the full charge records of Himachal Renewables Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Himachal Renewables Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 3 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Interim or miscellaneous application | Filed against the company by Sunsource Energy Pvt Ltd(Not Applicable) | Disposed |
| High Court | Writ petition | Filed against the company by Sunsource Energy Pvt Ltd(Not Applicable) | Disposed |
To see the full case history of Himachal Renewables 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Himachal Renewables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Himachal Renewables has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAECH0194H1ZY | Himachal Pradesh | Active | 16 Aug 2017 |
| 02AAECH0194H1D7 | Himachal Pradesh | Active | 10 Jan 2022 |
To see the full GST registrations and return filing status of Himachal Renewables Limited, buy the company report.
Recent activity
Himachal Renewables Limited has 13 board changes on record since 2016: 4 appointments and 9 cessations. The latest: Joshit Ranjan Sikidar ceased to be Nominee Director on 09 May 2024.
7 earlier events are in the company report.
Frequently asked questions
Himachal Renewables is an active public limited company based in Shimla, Himachal Pradesh, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 14 September 2016 (10+ years old) and is registered under CIN U40106HP2016PLC006347.
Himachal Renewables has 4 current directors:
- Lukesh Kumar - Nominee Director
- Sanjay Kaushal - Nominee Director
- Sunil Kumar Mehlawat - Nominee Director
- Atulya Kumar Naik - Nominee Director
The latest financial statements of Himachal Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Himachal Renewables is 02AAECH0194H1ZY, registered in Himachal Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 02AAECH0194H1D7 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Himachal Renewables is U40106HP2016PLC006347. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Himachal Renewables has 3 court cases on record: 3 filed against it.
Himachal Renewables was incorporated on 14 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Joshit Ranjan Sikidar ceased to be Nominee Director on 09 May 2024. Sunil Kumar Mehlawat was appointed as Nominee Director on 09 May 2024. Sanjay Kaushal was appointed as Nominee Director on 05 Feb 2024. Himachal Renewables has 13 board changes on record in total.
The registered office of Himachal Renewables is at CO Himachal Pradesh State Electricity Board Ltd Vidyut Bhawan, Shimla, Himachal Pradesh, India – 171004.
Himachal Renewables operates in the environment industry, in the clean energy solutions segment.