About Il&Fs Renewable Energy Limited
Data last updated:
Il&Fs Renewable Energy Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Il&Fs Energy Development Company Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the biofuel and biomass energy segment of the environmental services sector. It was incorporated on 23 November 2007.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32202MH2007PLC176153. The company has 4 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹250 Cr and a paid-up capital of ₹177.38 Cr. It was led by directors including Ranjana Ashok Sinha and Ashokkumar Doda.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2016, the company reported a revenue of ₹105.19 Cr, a decline of 74% compared to the previous year. For the same year it recorded a net loss of ₹272.6 Cr (net margin -259.1%) and EBITDA of -₹5.18 Cr (EBITDA margin -4.9%).
Its group structure included 11 subsidiaries.
As per MCA filings, the company had satisfied charges of ₹1,235 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is ilfsindia.com.
Company details
Contact details
Il&Fs Renewable Energy Limited's registered office is in Mumbai, Maharashtra. Its website is ilfsindia.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressThe Il&Fs Financial Centre Plot No. C – 22 G Block Bandra – Kurla Complex Bandra – Ea, St, Mumbai, Maharashtra, India – 400051
- IndustryEnvironment, Biofuel & Biomass Energy, Clean Energy Solutions, Wind Energy Solutions
To see the full contact details of Il&Fs Renewable Energy 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 Il&Fs Renewable Energy 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 Il&Fs Renewable Energy Limited, buy the company report.
Financials of Il&Fs Renewable Energy Limited
FY 2017 filings availableIl&Fs Renewable Energy Limited reported revenue of ₹105.19 Cr (down 74% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 74% in the latest year. EBITDA fell 103% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹105.19 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹5.18 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹272.6 Cr | |
| 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -4.9% | |
| Net Profit Margin | -259.1% | |
| 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 | ||
To see the full financial statements and ratios of Il&Fs Renewable Energy Limited, buy the company report.
Board of directors and KMP of Il&Fs Renewable Energy Limited
Il&Fs Renewable Energy Limited currently reports 5 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ranjana Ashok Sinha Also directs: Management Gyan LLP, Kesar Enterprises Limited | Director | 26 Mar 2015 | 11 Years 6 Months | As last reported |
| Ashokkumar Doda | Director | 11 Mar 2008 | 18 Years 7 Months | As last reported |
| Arun Kumar Purwar Also directs: Amplira Group LLP, Amplira Capital Management LLP, Jindal Cement Industries Private Limited and 5 more | Director | 11 Mar 2008 | 18 Years 7 Months | As last reported |
| Alok Bhargava | Nominee Director | 25 Jul 2013 | 13 Years 3 Months | As last reported |
| Akshay Sharma Also directs: Ivalley Techventures LLP, Cheetahsoft Technologies Private Limited | Cfo | 28 Jul 2016 | 10 Years 2 Months | As last reported |
| Prabhakar Dattatraya Karandikar | Director | 11 Mar 2008 | 18 Years 7 Months | As last reported |
Peer comparison
Il&Fs Renewable Energy Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Biofuel and Biomass, Energy Solutions, Renewable Energy), 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 |
|---|---|---|---|---|---|---|
| Reliance Business Machines Private Limited | ₹106.6 Cr (FY 2022) | 51839.0% | Mumbai, Maharashtra, India | |||
| Renew Wind Energy (Rajkot) Private Limited | ₹105.2 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Il&Fs Renewable Energy Limitedthis company | ₹105.19 Cr (FY 2016) | -₹272.6 Cr | -259.1% | -74.0% | Mumbai, Maharashtra, India | |
| Ratnagiri Wind Power Projects Private Limited | ₹104.33 Cr (FY 2025) | -10.0% | Karad, Maharashtra, India |
To see the full peer comparison of Il&Fs Renewable Energy Limited, buy the company report.
Auditor
Il&Fs Renewable Energy Limited is audited by Deloitte Haskins & Sells for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2016 | 015125N |
Shareholding
The shareholding of Il&Fs Renewable Energy Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Il&Fs Renewable Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2016 | 100017215 | The South Indian Bank Limited | ₹100 Cr | Satisfied | |
| 16 Feb 2016 | 10622327 | Ptc India Financial Services Limited | ₹200 Cr | Satisfied | |
| 31 Dec 2015 | 10612542 | United Bank of India | ₹75 Cr | Satisfied | |
| 19 Aug 2015 | 10590632 | Lakshmi Vilas Bank Limited | ₹100 Cr | Satisfied | |
| 26 Jun 2015 | 10581231 | The South Indian Bank Limited | ₹100 Cr | Satisfied |
To see the full charge records of Il&Fs Renewable Energy Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Il&Fs Renewable Energy Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998 : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act) | Filed against the company by Central Electricity Regulatory Commission Through Its Chief (Law) 3Rd , District: Delhi ,New Delhi , Delhi | Disposed |
To see the full case history of Il&Fs Renewable Energy 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 Il&Fs Renewable Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Il&Fs Renewable Energy has 11 subsidiary companies and 2 associated 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 |
|---|---|---|
| Ramagiri Renewable Energy Limited | U40100MH1997PLC105323 | |
| Shendra Green Energy Limited | U40100MH2005PLC151412 | |
| Patiala Bio Power Company Limited | U40200MH2011PLC220462 | |
| Il&Fs Solar Power Limited | U40300MH2010PLC207073 | |
| Sipla Wind Energy Limited | U40300MH2011PLC220004 | |
| Rohtas Bio Energy Limited | U40300MH2011PLC220218 |
To see the full group structure of Il&Fs Renewable Energy Limited, buy the company report.
GST
Il&Fs Renewable Energy has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Il&Fs Renewable Energy Limited, buy the company report.
Recent activity
Il&Fs Renewable Energy Limited has 20 board changes on record since 2008: 7 appointments and 13 cessations. The latest: Karunakaran Ramchand ceased to be Director on 10 May 2017.
32 earlier events are in the company report.
News
Frequently asked questions
Il&Fs Renewable Energy 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.
Il&Fs Renewable Energy was a public limited company based in Mumbai, Maharashtra, India. The company worked in biofuel and biomass energy, within the environment industry. It was incorporated on 23 November 2007 and is registered under CIN U32202MH2007PLC176153. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Il&Fs Renewable Energy was incorporated on 23 November 2007. It is registered with the Registrar of Companies, Mumbai.
Il&Fs Renewable Energy had 7 directors and KMP:
- Ranjana Ashok Sinha - Director
- Ashokkumar Doda - Director
- Arun Kumar Purwar - Director
- Alok Bhargava - Nominee Director
- Prabhakar Dattatraya Karandikar - Director
- Akshay Sharma - Cfo
- Anand Balakrishnan Nair - Ceo
The CIN (Corporate Identification Number) of Il&Fs Renewable Energy is U32202MH2007PLC176153. 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 Il&Fs Renewable Energy is at The Il&Fs Financial Centre Plot No. C – 22 G Block Bandra – Kurla Complex Bandra – Ea, St, Mumbai, Maharashtra, India – 400051.
Il&Fs Renewable Energy can be reached through the website ilfsindia.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Il&Fs Renewable Energy on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
No. Il&Fs Renewable Energy has 4 GST registrations on record and all of them are cancelled or inactive.
Il&Fs Renewable Energy operated in the environment industry, in the biofuel and biomass energy segment.
The peers of Il&Fs Renewable Energy by revenue are Reliance Business Machines Private Limited, Renew Wind Energy (Rajkot) Private Limited, Ratnagiri Wind Power Projects Private Limited, all in the Cleantech industry (Biofuel and Biomass, Energy Solutions, Renewable Energy), with the same principal business activity (electric power generation, transmission and distribution).