About Hinduja Renewables Two Private Limited
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Hinduja Renewables Two Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hinduja Renewables Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 25 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40107MH2020PTC346690. Its GSTIN is 27AAFCH4597M1ZV (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹22.75 Cr. It is led by directors including Natarajan Chandrasekaran and Vishin Gurnani.
Its last annual general meeting (AGM) was held on 29 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 ₹11.94 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.76 Cr (net margin 14.7%) and EBITDA of ₹10.41 Cr (EBITDA margin 87.2%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹58.89 Cr and satisfied charges of ₹62.86 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 funding round), with disclosed funding of ₹5.91 Cr; the latest was in November 2020. Its 8 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 3 smaller; the largest is Avengers Solar Private Limited with revenue of ₹12.07 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2023, listing 11 overdue payments to 2 micro and small suppliers.
For more details, the company can be reached via its website hindujarenewables.com.
Company details
Contact details
Hinduja Renewables Two Private Limited's registered office is in Mumbai, Maharashtra. Its website is hindujarenewables.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 1 Ground Floor Boston House, Suren Road Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Hinduja Renewables Two 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 Hinduja Renewables Two 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 Hinduja Renewables Two Private Limited, buy the company report.
Financials of Hinduja Renewables Two Private Limited
FY 2025 filings availableHinduja Renewables Two Private Limited reported revenue of ₹11.94 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over three years, including 2% growth in the latest year. EBITDA rose 4% 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 | ₹10.41 Cr | ||||
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| Net Profit (PAT) | ₹1.76 Cr | ||||
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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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| Profitability | |||||
| EBITDA Margin | 87.2% | ||||
| Net Profit Margin | 14.7% | ||||
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To see the full financial statements and ratios of Hinduja Renewables Two Private Limited, buy the company report.
Board of directors of Hinduja Renewables Two Private Limited
Hinduja Renewables Two has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Natarajan Chandrasekaran Also directs: Hinduja Renewables Private Limited, Hinduja Renewables One Private Limited, Hinduja Rooftop Private Limited and 5 more | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Vishin Gurnani Also directs: Hinduja Renewables Private Limited, Hinduja Renewables One Private Limited, Hinduja Rooftop Private Limited and 5 more | Director | 25 Sep 2020 | 6 Years 1 Months | Current |
| Deepaksingh Chandrasingh Thakur Also directs: Hinduja Renewables Private Limited, Hinduja Renewables One Private Limited, Hinduja Rooftop Private Limited and 5 more | Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Hinduja Renewables Two Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Solar Power), 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 |
|---|---|---|---|---|---|---|
| Avengers Solar Private Limited | ₹12.07 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Ny Green Energy Private Limited | ₹12.05 Cr (FY 2025) | -33.0% | Surat, Gujarat, India | |||
| Cmes Infinity Private Limited | ₹12.05 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Talettutayi Solar Projects Private Limited | ₹12.03 Cr (FY 2025) | -30.0% | Gurgaon, Haryana, India | |||
| Hinduja Renewables One Private Limited | ₹12 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Hinduja Renewables Two Private Limitedthis company | ₹11.94 Cr (FY 2025) | ₹1.76 Cr | 14.7% | 2.0% | 1 | Mumbai, Maharashtra, India |
| Madhav Solar (Karnataka) Private Limited | ₹11.94 Cr (FY 2025) | -6.0% | Thane, Maharashtra, India | |||
| Sriramcharan Energy and Infra Private Limited | ₹11.89 Cr (FY 2025) | -5.0% | Secunderabad, Telangana, India | |||
| Ib Vogt Solar Four Private Limited | ₹11.8 Cr (FY 2025) | 10.0% | Delhi, India |
To see the full peer comparison of Hinduja Renewables Two Private Limited, buy the company report.
Auditor
Hinduja Renewables Two Private Limited is audited by S R B C & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Hinduja Renewables Two Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Hinduja Renewables Two Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Mar 2024 | 100901062 | Others | ₹58.89 Cr | Open | |
| 08 Dec 2021 | 100512868 | Others | ₹62.86 Cr | Satisfied |
To see the full charge records of Hinduja Renewables Two Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hinduja Renewables Two Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹5.91 Cr; the latest was in November 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Funding round | ₹5.91 Cr | Investors: Biocon Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hinduja Renewables Two Private Limited has 1 court case on record: 1 filed by Hinduja Renewables Two. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Court case (MFA) | Filed by the company against individuals | Disposed |
To see the full case history of Hinduja Renewables Two Private 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
Hinduja Renewables Two Private Limited has 5 MSME Form 1 returns on record between 2022 and 2023, listing 11 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Reconnect Energy Solutions Limited | |||
| Oriano Clean Energy Private Limited |
To see the full MSME payment records of Hinduja Renewables Two Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hinduja Renewables Two Private Limited has a workforce of 1 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Hinduja Renewables Two has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH4597M1ZV | Maharashtra | Active | 14 Nov 2020 |
| 27AAFCH4597M2ZU | Maharashtra | Active | 05 Nov 2021 |
| 29AAFCH4597M1ZR | Karnataka | Active | 15 Jun 2021 |
To see the full GST registrations and return filing status of Hinduja Renewables Two Private Limited, buy the company report.
Recent activity
Hinduja Renewables Two Private Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Sumit Pandey ceased to be Director on 30 Sep 2025.
1 earlier event is in the company report.
News
Frequently asked questions
Hinduja Renewables Two is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 25 September 2020 (6+ years old) and is registered under CIN U40107MH2020PTC346690.
Hinduja Renewables Two has 3 current directors:
- Natarajan Chandrasekaran - Director
- Vishin Gurnani - Director
- Deepaksingh Chandrasingh Thakur - Director
The latest financial statements of Hinduja Renewables Two on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Hinduja Renewables Two is 27AAFCH4597M1ZV, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAFCH4597M2ZU (Maharashtra), 29AAFCH4597M1ZR (Karnataka).
The CIN (Corporate Identification Number) of Hinduja Renewables Two is U40107MH2020PTC346690. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hinduja Renewables Two has 1 court case on record: 1 filed by the company.
Hinduja Renewables Two was incorporated on 25 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
Hinduja Renewables Two has 1 deal on record (1 funding round), with disclosed funding of ₹5.91 Cr; the latest was in November 2020.
The peers of Hinduja Renewables Two by revenue are Avengers Solar Private Limited, Ny Green Energy Private Limited, Cmes Infinity Private Limited, Talettutayi Solar Projects Private Limited, Hinduja Renewables One Private Limited and 3 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Sumit Pandey ceased to be Director on 30 Sep 2025. Deepaksingh Chandrasingh Thakur was appointed as Director on 23 Sep 2025. Sumit Pandey was appointed as Director on 02 Feb 2022. Hinduja Renewables Two has 5 board changes on record in total.
Hinduja Renewables Two has 5 MSME Form 1 returns on record between 2022 and 2023, listing 11 overdue payments to 2 micro and small suppliers. The latest return was filed on 04 Nov 2023.
Hinduja Renewables Two can be reached through the website hindujarenewables.com. Its registered office is in Mumbai, Maharashtra, India.
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