Ind Renewable Energy Limited - financial services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L40102MH2011PLC221715 Incorporated 09 September 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - BSE: 536709 Public Limited Company financial services
Data last updated
Market Cap
₹19.57 Cr
INDRENEW · BSE
Share Price
₹13.79
-1.85% today
EBITDA
−₹1.19 Cr
FY 2025-26
Net Profit
−₹1.21 Cr
FY 2025-26 · -1244.4% YoY
Authorised capital
₹19 Cr
Registered with MCA
Paid-up capital
₹3.03 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings

About Ind Renewable Energy Limited

Data last updated:

Ind Renewable Energy Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the brokerage and trading services segment of the financial services sector. It was incorporated on 09 September 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L40102MH2011PLC221715. Its GSTIN is 27AADCV7752J1ZU (Maharashtra). Its shares are listed on BSE: 536709.

The company has an authorised share capital of ₹19 Cr and a paid-up capital of ₹3.03 Cr. It was formerly known as Vakharia Power Infrastructure Limited. It is led by directors including Anupam Gupta (Managing Director) and Abhay Narain Gupta.

Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 503 Western Edge II Western Express High Way Borivali East, Mumbai, Maharashtra, India – 400066.

The company is associated with 1 brand: Vakharia Power Infrastructure. Court records list 3 cases involving the company, including 3 filed by the company. The company has 174 deals on record (174 market trades); the latest was in August 2026. Its 10 peer companies in the BFSI industry (Broking Services, Renewable Energy, Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Grace Holdings Private Limited with revenue of ₹38.17 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vakharia.in.

Company Details of Ind Renewable Energy Limited
CIN L40102MH2011PLC221715
Registration Number 221715
Incorporation Date 09 September 2011
ROC Mumbai
Listing Status Listed (BSE: 536709)
Company Status Active
Date of Last AGM 27 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
    Locked
  • Registered Address
    503 Western Edge II Western Express High Way Borivali East, Mumbai, Maharashtra, India – 400066
  • Industry
    Financial Services, Brokerage & Trading Services
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Financials, compliance, directors, charges, ownership and filings for Ind Renewable Energy Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Ind Renewable Energy Limited FY 2025-26 filings available

Ind Renewable Energy Limited reported revenue of ₹- for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.00 Cr
EBITDA
−₹1.19 Cr
-815.4% YoY
Profit After Tax
−₹1.21 Cr
-1244.4% YoY
Net Worth
-
Total Assets
-
Total Debt
-

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.000.000.000.000.09
Revenue growth------100.0%-
EBITDA(1.19)(0.13)(0.37)(0.06)(0.15)(0.09)(0.19)
EBITDA margin-------211.1%
Profit before tax(1.20)(0.08)0.01(0.06)(0.09)(0.09)(0.27)
Net profit(1.21)(0.09)0.050.00(0.09)(0.09)(0.20)
Net profit margin-------222.2%
EPS (₹)(0.87)(0.06)0.030.00(0.29)(0.30)(0.94)
Balance sheet
Total assets--26.543.373.323.303.48
Net worth--26.133.203.203.283.37
Total debt--0.410.180.130.020.06
Cash & bank--0.010.000.010.000.01
Net working capital--26.503.353.323.303.38
Cash flow
Cash from operations--(23.08)(0.05)(0.10)0.040.02
Cash from investing--(0.41)0.000.000.000.27
Cash from financing--23.500.040.11(0.04)(0.33)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.000.000.000.000.000.060.000.00
Total expenses0.021.040.000.150.010.050.020.01
EBITDA(0.02)(1.04)0.00(0.15)(0.01)(0.05)(0.02)(0.01)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.010.00
Profit before tax(0.02)(1.04)0.00(0.15)(0.01)0.01(0.03)(0.01)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 08 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.000.000.000.000.000.060.000.00
Total expenses0.021.040.000.150.010.050.020.01
EBITDA(0.02)(1.04)0.00(0.15)(0.01)(0.05)(0.02)(0.01)
Depreciation0.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.010.00
Profit before tax(0.02)(1.04)0.00(0.15)(0.01)0.01(0.03)(0.01)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.000.000.000.000.09
Revenue growth------100.0%-
Other income0.000.060.380.000.060.000.00
Total expenses1.190.130.370.060.150.090.28
Employee cost0.000.000.090.030.030.040.06
EBITDA(1.19)(0.13)(0.37)(0.06)(0.15)(0.09)(0.19)
EBITDA margin-------211.1%
Depreciation0.000.000.000.000.000.000.05
Interest0.010.010.000.000.000.000.03
Profit before tax(1.20)(0.08)0.01(0.06)(0.09)(0.09)(0.27)
Tax0.010.01(0.04)(0.06)0.000.000.01
Net profit(1.21)(0.09)0.050.00(0.09)(0.09)(0.20)
Net profit margin-------222.2%
EPS (₹)(0.87)(0.06)0.030.00(0.29)(0.30)(0.94)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital--13.933.033.033.033.03
Reserves & surplus--12.200.170.170.250.34
Shareholders' funds (net worth)--26.133.203.203.283.37
Secured loans--0.410.180.130.020.00
Unsecured loans--0.000.000.000.000.06
Total debt--0.410.180.130.020.06
Total liabilities--26.543.373.323.303.48
Assets
Gross block--0.000.000.000.000.00
Net block--0.000.000.000.000.00
Capital work in progress--0.000.000.000.000.00
Investments--0.000.000.000.000.00
Inventories--0.000.000.000.000.00
Sundry debtors--0.000.000.000.000.02
Cash & bank balances--0.010.000.010.000.01
Loans & advances--26.693.373.333.303.36
Total current assets--26.703.373.343.303.39
Total current liabilities--0.200.020.020.000.01
Net working capital--26.503.353.323.303.38
Total assets--26.543.373.323.303.48
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash--0.000.010.000.010.05
Net cash from operating activities--(23.08)(0.05)(0.10)0.040.02
Net cash from investing activities--(0.41)0.000.000.000.27
Net cash from financing activities--23.500.040.11(0.04)(0.33)
Net change in cash--0.000.000.01(0.01)(0.04)
Closing cash--0.010.000.010.000.01
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth------100.0%-
EBITDA growth-815.4%+64.9%-516.7%+60.0%-66.7%+52.6%-
PBT growth--+9998.0%+33.3%0.0%+66.7%-
Net income growth-1244.4%-280.0%-+100.0%0.0%+55.0%-
Revenue CAGR (3Y)----100.0%-100.0%-100.0%+31.0%
EBITDA CAGR (3Y)+170.7%-4.7%+60.2%-31.9%-4.1%-11.5%+5.9%
Profitability & leverage
Net income margin-------311.1%
Return on capital employed--+0.1%-1.8%-2.7%-2.7%-4.5%
Return on net worth--+0.3%0.0%-2.8%-2.7%-6.0%
Debt / equity--0.020.050.020.010.06
Long-term debt / equity--0.000.000.000.000.00
Interest cover-0.84-7.690.000.000.000.00-12.50
Efficiency & per share
Fixed asset turnover--0.000.000.000.000.32
Inventory turnover--0.000.000.000.000.00
Debtors turnover--0.000.000.000.006.00
EPS (₹)(0.87)(0.06)0.030.00(0.29)(0.30)(0.94)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.000.0018.7610.5510.5510.8311.13
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Peer Comparison of Ind Renewable Energy Limited

Ind Renewable Energy Limited is compared with the companies closest to it by revenue in the BFSI industry (Broking Services, Renewable Energy, Solar Power). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Grace Holdings Private Limited₹38.17 Lakh (FY 2023)••••••••27265622.0%••••Kolkata, West Bengal, India
Endeqs Pro Private Limited₹38.17 Lakh (FY 2025)••••••••-5.0%••••New Delhi, Delhi, India
Investpoint Securities Private Limited₹38.16 Lakh (FY 2025)••••••••9.0%••••Kochi, Kerala, India
Aggresar Leasing and Finance Pvt Ltd₹38.01 Lakh (FY 2025)••••••••-95.0%••••Delhi, India
Pamas Holdings Private Limited₹37.99 Lakh (FY 2024)••••••••-83.0%••••Delhi, India
Viewtrade International Ifsc Private Limited₹37.96 Lakh (FY 2025)••••••••••••Gandhinagar, Gujarat, India
Anksh Trading Private Limited₹37.92 Lakh (FY 2025)••••••••42415.0%••••Mumbai, Maharashtra, India
Varun Mercantile Limited Listed₹37.86 Lakh (FY 2025)••••••••14.0%••••Mumbai, Maharashtra, India
E-Lex Solutions Private Limited₹37.8 Lakh (FY 2025)••••••••423.0%••••Kolkata, West Bengal, India
Amarkantak Mercantile Company Private Limited₹37.69 Lakh (FY 2025)••••••••237.0%••••Thane, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Ind Renewable Energy by revenue in the BFSI industry (Broking Services, Renewable Energy, Solar Power), 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 Ind Renewable Energy Limited

Ind Renewable Energy Limited is audited by J D SHAH ASSOCIATES for the financial year 2023.

NameStatusAppointment DateCessation Date
J D SHAH ASSOCIATESLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Ind Renewable Energy Limited

Ind Renewable Energy has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Abhay Narain GuptaDirector31 Aug 20206 Years 1 MonthsCurrent
Anupam GuptaManaging Director31 Aug 20206 Years 1 MonthsCurrent
NeelamDirector12 Feb 20215 Years 7 MonthsCurrent

Shareholding Pattern of Ind Renewable Energy Limited

Shareholding for the quarter ended Mar 2026: promoters hold 0.10%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 99.90%.

Promoters: 0.10%Retail & Others: 99.90%
Mar 2026
QUARTER
0.10% Promoters
99.90% Retail & Others
Promoter holding - history
Now 0.10% · Mar 2026High 0.10% · Jun 2025Low 0.10% · Jun 2025
0%0.5%1%1.5%2%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 0.10%Sep 2025: 0.10%Dec 2025: 0.10%Mar 2026: 0.10%0.10%0.10%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters0.10%0.10%0.10%0.10%
Public99.90%99.90%99.90%99.90%

Charges & Borrowings of Ind Renewable Energy Limited

Ind Renewable Energy Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Ind Renewable Energy Limited

Ind Renewable Energy Limited has 174 deals on record (174 market trades); the latest was in August 2026.

Total deals
174
Market trades
174

Deals on record (5 of 174)

WhenDealAmountParties
Jun 2025Market trade₹10.4 LakhBuyer: Anisha Fincap Consultants LLP
Seller: Anisha Fincap Consultants LLP
Mar 2025Market trade₹8.7 LakhBuyer: Marudhar Ventures LLP
Dec 2024Market trade₹1.03 CrBuyer: Riddhi Traders, Yuga Stocks & Commodities Private Limited , Stockpro 9 Capital Private Limited , an individual
Seller: Riddhi Traders, Yuga Stocks & Commodities Private Limited , 2 individuals
Jun 2024Market trade₹30.8 LakhBuyer: Green Peaks Enterprises LLP
Seller: Green Peaks Enterprises LLP , an individual
Jun 2024Market trade₹15.1 LakhBuyer: Green Peaks Enterprises LLP
Seller: Green Peaks Enterprises LLP
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Full deal history

All 174 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Ind Renewable Energy Limited

Ind Renewable Energy operates one associated brand: Vakharia Power Infrastructure. Each brand links to its own profile.

BrandDescriptionWebsite
Provider of roof top solar equipmentvakharia.in

Employees and EPFO Compliance at Ind Renewable Energy Limited

Employment history and EPFO contributions of people linked to Ind Renewable Energy.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Ind Renewable Energy Limited

Ind Renewable Energy has one previous CIN (Corporate Identification Number): U40102MH2011PLC221715. The current CIN is L40102MH2011PLC221715, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L40102MH2011PLC221715Current
U40102MH2011PLC221715Previous

Recent Activity on Ind Renewable Energy Limited

Ind Renewable Energy Limited has 26 board changes on record since 2011: 14 appointments and 12 cessations. The latest: Abhishek Gour ceased to be Company Secretary on 02 Jul 2024.

Ceased
Abhishek Gour ceased to be Company Secretary.
Ceased
Mehul Manubhai Shah ceased to be Director.
Ceased
Nirmal Himmatlal Shah ceased to be CFO.
Ceased
Nikhil Kumar Shah ceased to be Director.
AGM
Ind Renewable Energy Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.
Filing
Ind Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai I.
Ceased
Neelam ceased to be Director.
Appointed
Neelam was appointed as Director.
Ceased
Neha Anupam Gupta ceased to be Director.
Appointed
Abhay Narain Gupta was appointed as Director.
Appointed
Anupam Gupta was appointed as Managing Director.
Ceased
Dinesh Parmanand Turakhia ceased to be Director.

17 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Ind Renewable Energy Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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  • Court and tribunal cases
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MSME Payment Delays by Ind Renewable Energy Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Ind Renewable Energy Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Ind Renewable Energy Limited

Ind Renewable Energy has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCV7752J1ZUMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Ind Renewable Energy Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Ind Renewable Energy Limited

Ind Renewable Energy is an active public limited company based in Mumbai, Maharashtra, India. The company works in brokerage and trading services, within the financial services industry. It was incorporated on 09 September 2011 (15+ years old) and is registered under CIN L40102MH2011PLC221715. Listed on BSE: 536709.

Ind Renewable Energy has 3 current directors:

The GSTIN of Ind Renewable Energy is 27AADCV7752J1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Ind Renewable Energy is L40102MH2011PLC221715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ind Renewable Energy is listed on BSE with code 536709.

Ind Renewable Energy has 3 court cases on record: 3 filed by the company.

Ind Renewable Energy was incorporated on 09 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Ind Renewable Energy has 174 deals on record (174 market trades); the latest was in August 2026.

The peers of Ind Renewable Energy by revenue are Grace Holdings Private Limited, Endeqs Pro Private Limited, Investpoint Securities Private Limited, Aggresar Leasing and Finance Pvt Ltd, Pamas Holdings Private Limited and 5 more, all in the BFSI industry (Broking Services, Renewable Energy, Solar Power).

Abhishek Gour ceased to be Company Secretary on 02 Jul 2024. Mehul Manubhai Shah ceased to be Director on 21 May 2024. Nirmal Himmatlal Shah ceased to be CFO on 17 May 2024. Ind Renewable Energy has 26 board changes on record in total.

Ind Renewable Energy can be reached through the website vakharia.in. Its registered office is in Mumbai, Maharashtra, India.

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