
Infrax Renewable Limited
About Infrax Renewable Limited
Data last updated:
Infrax Renewable Limited is a public limited company based in Rajkot, Gujarat, India. It was incorporated on 23 September 2024.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U43222GJ2024PLC155272. It is a listed company as per MCA records. Its shares are listed on BSE: 544919.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹1.25 Cr. It is led by directors including Bhargav Ashvinbhai Vachhani (Managing Director) and Bhavik Tarunkumar Gandhi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Rajkot, Gujarat.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹93.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹10.2 Cr (net margin 10.9%) and EBITDA of ₹14.56 Cr (EBITDA margin 15.6%). The net worth stands at ₹15.77 Cr (up 734.4% YoY). Total assets are valued at ₹22.8 Cr (up 361.5% YoY).
As per MCA filings, the company has open charges of ₹7.95 Cr on record. The company has 1 deal on record (1 ipo); the latest was in September 2026.
Company details
Contact details
Infrax Renewable Limited's registered office is in Rajkot, Gujarat.
- Registered Address402 – 403 R K Prime 2 Mahapuja Dham Chok, 150 Feet Road, Rajkot, Gujarat, India – 360005
- 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
Financials of Infrax Renewable Limited
FY 2025-26 filings availableInfrax Renewable Limited reported revenue of ₹93.21 Cr (up 205.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Income statement | |||
| Revenue | 93.21 | 30.47 | 9.65 |
| Revenue growth | +205.9% | +215.8% | - |
| EBITDA | 14.56 | 4.49 | 1.75 |
| EBITDA margin | +15.6% | +14.7% | +18.1% |
| Profit before tax | 13.79 | 4.27 | 1.50 |
| Net profit | 10.20 | 2.85 | 0.94 |
| Net profit margin | +10.9% | +9.4% | +9.7% |
| EPS (₹) | 81.61 | 28.52 | 0.00 |
| Balance sheet | |||
| Total assets | 22.80 | 4.94 | 1.41 |
| Net worth | 15.77 | 1.89 | 1.40 |
| Total debt | 6.99 | 3.02 | 0.00 |
| Cash & bank | 0.85 | 1.21 | 0.66 |
| Net working capital | 17.53 | 4.36 | 0.99 |
| Cash flow | |||
| Cash from operations | (2.70) | 0.24 | 1.67 |
| Cash from investing | (4.74) | (0.34) | (0.24) |
| Cash from financing | 7.11 | 0.46 | (1.01) |
Financial Statements
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Revenue | 93.21 | 30.47 | 9.65 |
| Revenue growth | +205.9% | +215.8% | - |
| Other income | 0.12 | 0.01 | 0.01 |
| Total expenses | 78.65 | 25.98 | 7.90 |
| Employee cost | 1.17 | 0.30 | 0.17 |
| EBITDA | 14.56 | 4.49 | 1.75 |
| EBITDA margin | +15.6% | +14.7% | +18.1% |
| Depreciation | 0.11 | 0.02 | 0.01 |
| Interest | 0.78 | 0.21 | 0.25 |
| Profit before tax | 13.79 | 4.27 | 1.50 |
| Tax | 3.59 | 1.42 | 0.56 |
| Net profit | 10.20 | 2.85 | 0.94 |
| Net profit margin | +10.9% | +9.4% | +9.7% |
| EPS (₹) | 81.61 | 28.52 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Equity & liabilities | |||
| Share capital | 1.25 | 1.00 | 0.00 |
| Reserves & surplus | 14.52 | 0.89 | 1.40 |
| Shareholders' funds (net worth) | 15.77 | 1.89 | 1.40 |
| Secured loans | 5.40 | 0.92 | 0.00 |
| Unsecured loans | 1.59 | 2.10 | 0.00 |
| Total debt | 6.99 | 3.02 | 0.00 |
| Total liabilities | 22.80 | 4.94 | 1.41 |
| Assets | |||
| Gross block | 4.97 | 0.19 | 0.06 |
| Net block | 4.79 | 0.12 | 0.01 |
| Capital work in progress | 0.01 | 0.03 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 |
| Inventories | 12.72 | 5.75 | 3.00 |
| Sundry debtors | 11.39 | 0.23 | 0.25 |
| Cash & bank balances | 0.85 | 1.21 | 0.66 |
| Loans & advances | 1.26 | 0.47 | 0.06 |
| Total current assets | 26.22 | 7.66 | 3.97 |
| Total current liabilities | 8.69 | 3.30 | 2.98 |
| Net working capital | 17.53 | 4.36 | 0.99 |
| Total assets | 22.80 | 4.94 | 1.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Opening cash | 0.83 | 0.46 | 0.04 |
| Net cash from operating activities | (2.70) | 0.24 | 1.67 |
| Net cash from investing activities | (4.74) | (0.34) | (0.24) |
| Net cash from financing activities | 7.11 | 0.46 | (1.01) |
| Net change in cash | (0.33) | 0.37 | 0.42 |
| Closing cash | 0.85 | 1.21 | 0.66 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 |
|---|---|---|---|
| Growth | |||
| Sales growth | +205.9% | +215.8% | - |
| EBITDA growth | +224.3% | +156.6% | - |
| PBT growth | +223.0% | +42.3% | +9997.0% |
| Net income growth | +257.9% | +203.2% | - |
| Profitability & leverage | |||
| Net income margin | +10.9% | +9.4% | +9.7% |
| Return on capital employed | +104.9% | +140.9% | +251.1% |
| Return on net worth | +115.5% | +173.3% | +137.1% |
| Debt / equity | 0.57 | 0.92 | 0.00 |
| Long-term debt / equity | 0.16 | 0.00 | 0.00 |
| Interest cover | 5.40 | 4.70 | 14.37 |
| Efficiency & per share | |||
| Fixed asset turnover | 36.13 | 243.76 | 321.67 |
| Inventory turnover | 10.09 | 6.96 | 6.43 |
| Debtors turnover | 16.04 | 126.96 | 77.20 |
| EPS (₹) | 81.61 | 28.52 | 0.00 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 126.18 | 18.86 | 0.00 |
To see the full year-wise statements and ratios of Infrax Renewable Limited, buy the company report.
Board of directors of Infrax Renewable Limited
Infrax Renewable 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 |
|---|---|---|---|---|
| Bhavik Tarunkumar Gandhi | Whole-Time Director | 23 Sep 2024 | 2 Years 1 Months | Current |
| Bhargav Ashvinbhai Vachhani | Managing Director | 23 Sep 2024 | 2 Years 1 Months | Current |
| Khushboo Bhargav Vachhani | Director | 23 Sep 2024 | 2 Years 1 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2025 | 101158156 | State Bank of India | ₹3 Cr | Open | |
| 23 Sep 2024 | 101018853 | Others | ₹4.95 Cr | Open |
To see the full charge records of Infrax Renewable Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Infrax Renewable Limited has 1 deal on record (1 ipo); the latest was in September 2026.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2026 | IPO | ₹40.88 Cr | Investors: Public Market Investors Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Infrax Renewable 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 Infrax Renewable Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Infrax Renewable Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Infrax Renewable Limited has 4 board changes on record since 2024: 4 appointments. The latest: Bhargav Ashvinbhai Vachhani was appointed as Managing Director on 23 Sep 2024.
Frequently asked questions
Infrax Renewable is an active public limited company based in Rajkot, Gujarat, India. It was incorporated on 23 September 2024 (2+ years old) and is registered under CIN U43222GJ2024PLC155272. Listed on BSE: 544919.
Infrax Renewable reported revenue of ₹93.21 Cr for FY 2025-26 (up 205.9% YoY) based on standalone financials.
Infrax Renewable has 3 current directors:
- Bhargav Ashvinbhai Vachhani - Managing Director
- Bhavik Tarunkumar Gandhi - Whole-Time Director
- Khushboo Bhargav Vachhani - Director
The latest financial statements of Infrax Renewable on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 31 December 2025. Year-wise statements from FY 2025 are in the company report.
The CIN (Corporate Identification Number) of Infrax Renewable is U43222GJ2024PLC155272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Infrax Renewable is a listed company as per MCA records. Its shares are listed on BSE (code: 544919).
Infrax Renewable was incorporated on 23 September 2024, making it 2+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Infrax Renewable has 1 deal on record (1 ipo); the latest was in September 2026.
Bhargav Ashvinbhai Vachhani was appointed as Managing Director on 23 Sep 2024. Bhavik Tarunkumar Gandhi was appointed as Whole-Time Director on 23 Sep 2024. Bipinkumar Babubhai Savalia was appointed as Individual Subscriber on 23 Sep 2024. Infrax Renewable has 4 board changes on record in total.
The registered office of Infrax Renewable is at 402 – 403 R K Prime 2 Mahapuja Dham Chok, 150 Feet Road, Rajkot, Gujarat, India – 360005.

