About JSW Future Energy Limited
Data last updated:
JSW Future Energy Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Jsw Energy 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 power transmission and distribution services segment of the energy and power sector. It was incorporated on 01 January 2018.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40200MH2018PLC303547. The company has 7 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹750 Cr and a paid-up capital of ₹331.68 Cr. It was formerly known as Jsw Solar Limited. It was led by directors including Aditya Agarwal (Whole-Time Director) and Monica Brij Kumar Chopra.
Its last annual general meeting (AGM) was held on 11 June 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Jsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051.
As per the financials filed for FY 2022, the company reported a revenue of ₹48.91 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.56 Cr (net margin 17.5%) and EBITDA of ₹16.7 Cr (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 54% over three years.
Its group structure included 4 subsidiaries.
As per MCA filings, the company had open charges of ₹6,452.73 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 2 cases are pending. The company has 3 deals on record (3 rights issues); the latest was in April 2021. Its 8 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 5 smaller; the largest is Renew Solar Energy (Karnataka Two) Private Limited with revenue of ₹50.66 Cr.
The last known website on record is jsw.in.
Company details
Contact details
JSW Future Energy Limited's registered office is in Mumbai, Maharashtra. Its website is jsw.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJsw Centre Bandra Kurla Complex Bandra (East), Mumbai, Maharashtra, India – 400051
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of JSW Future 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 JSW Future 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 JSW Future Energy Limited, buy the company report.
Financials of JSW Future Energy Limited
FY 2022 filings availableJSW Future Energy Limited reported revenue of ₹48.91 Cr (up 1030% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 54% over three years. 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹48.91 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.7 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.56 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 34.1% | ||||
| Net Profit Margin | 17.5% | ||||
| 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 JSW Future Energy Limited, buy the company report.
Board of directors and KMP of JSW Future Energy Limited
JSW Future Energy Limited currently reports 5 directors and 2 key managerial personnel. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Monica Brij Kumar Chopra Also directs: JSW Energy PSP Eleven Limited, JSW Renewable Energy (Anjar) Limited, JSW Renewable Energy (Salav) Limited and 5 more | Director | 01 Jan 2018 | 8 Years 9 Months | As last reported |
| Pritesh Vinay Also directs: Vayona Energy Private Limited, JSW Mahanadi Power Company Limited, Vayona Renewable Energy Private Limited and 1 more | Director | 23 Jun 2021 | 5 Years 4 Months | As last reported |
| Aditya Agarwal Also directs: JSW Neo Energy Limited, JSW Renew Energy Twenty Limited | Whole-Time Director | 04 Sep 2020 | 6 Years 1 Months | As last reported |
| Prashant Jain | Director | 23 Jun 2021 | 5 Years 4 Months | As last reported |
| Ratanlal Raajkumar | Director | 23 Jun 2021 | 5 Years 4 Months | As last reported |
| Kishorekumar Ramswaroop Mundra Also directs: JSW Energy PSP Eleven Limited, JSW Renewable Energy (Anjar) Limited, JSW Renewable Energy (Salav) Limited and 5 more | Cfo | 19 Nov 2020 | 5 Years 11 Months | As last reported |
Peer comparison
JSW Future Energy Limited is compared with the 8 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| Renew Solar Energy (Karnataka Two) Private Limited | ₹50.66 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Adani Renewable Energy (MH) Limited | ₹50.36 Cr (FY 2025) | 121.0% | Ahmedabad, Gujarat, India | |||
| Devi Energies Private Limited | ₹49.67 Cr (FY 2024) | -4.0% | Rupa Po And Ps, Arunachal Pradesh, India | |||
| JSW Future Energy Limitedthis company | ₹48.91 Cr (FY 2022) | ₹8.56 Cr | 17.5% | 1030.0% | Mumbai, Maharashtra, India | |
| Silres Energy Solutions Private Limited | ₹47.79 Cr (FY 2024) | 14.0% | Chennai, Tamil Nadu, India | |||
| Renew Surya Uday Private Limited | ₹47.43 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Barmer Power Transmission Service Limited | ₹46.99 Cr (FY 2025) | 2.0% | Ahmedabad, Gujarat, India | |||
| Rapp Transmission Company Limited | ₹46.66 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| North Karanpura Transco Limited | ₹45.57 Cr (FY 2025) | -5.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of JSW Future Energy Limited, buy the company report.
Auditor
JSW Future Energy Limited is audited by LODHA & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| LODHA & COMPANY | FY 2022 | 301051E |
Shareholding
The shareholding of JSW Future Energy Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of JSW Future Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2022 | 100671671 | Sbicap Trustee Company Limited | ₹2,195 Cr | Open | |
| 18 Jun 2022 | 100590670 | Citi Bank N.A. | ₹400 Cr | Open | |
| 16 Feb 2022 | 100545539 | Catalyst Trusteeship Limited | ₹3,857.73 Cr | Open |
To see the full charge records of JSW Future Energy Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
JSW Future Energy Limited has 3 deals on record (3 rights issues); the latest was in April 2021.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Rights issue | ₹134.64 Cr | Investors: JSW Energy Limited |
| Apr 2020 | Rights issue | ₹196.92 Cr | Investors: JSW Energy Limited |
| Dec 2019 | Rights issue | ₹11 Lakh | Investors: JSW Energy Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JSW Future Energy Limited has 7 court cases on record: 1 filed by JSW Future Energy, 6 filed against it. 2 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 5 | 2 |
| District courts | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
| Madras High Court | Writ petition | Filed against the company | Disposed |
| Madras High Court | Court case (WMP(MD)) | Filed against the company | Disposed |
To see the full case history of JSW Future 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 JSW Future Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
JSW Future Energy has 4 subsidiary companies. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| JSW Renewable Energy (Vijayanagar) Limited | U40105MH2020PLC335989 | |
| JSW Renew Energy Limited | U40106MH2020PLC338593 | |
| JSW Renew Energy Two Limited | U40106MH2021PLC358038 | |
| JSW Renew Energy (Raj) Limited | U40108MH2021PLC360743 |
To see the full group structure of JSW Future Energy Limited, buy the company report.
GST
JSW Future Energy has 7 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 JSW Future Energy Limited, buy the company report.
Recent activity
JSW Future Energy Limited has 14 board changes on record since 2018: 7 appointments and 7 cessations. The latest: Pritesh Vinay ceased to be Additional Director on 03 Aug 2021.
10 earlier events are in the company report.
News
Frequently asked questions
JSW Future 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.
JSW Future Energy was a public limited company based in Mumbai, Maharashtra, India. The company worked in power transmission and distribution services, within the energy and power industry. It was incorporated on 01 January 2018 and is registered under CIN U40200MH2018PLC303547. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
JSW Future Energy was incorporated on 01 January 2018. It is registered with the Registrar of Companies, Mumbai.
JSW Future Energy had 7 directors and KMP:
- Aditya Agarwal - Whole-Time Director
- Monica Brij Kumar Chopra - Director
- Pritesh Vinay - Director
- Prashant Jain - Director
- Ratanlal Raajkumar - Director
- Kishorekumar Ramswaroop Mundra - Cfo
- Rakesh Punamiya - Company Secretary
The CIN (Corporate Identification Number) of JSW Future Energy is U40200MH2018PLC303547. 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 JSW Future Energy is at Jsw Centre Bandra Kurla Complex Bandra East, Mumbai, Maharashtra, India – 400051.
JSW Future Energy can be reached through the website jsw.in. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of JSW Future Energy on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 11 June 2022. Year-wise statements from FY 2018 are in the company report.
No. JSW Future Energy has 7 GST registrations on record and all of them are cancelled or inactive.
JSW Future Energy operated in the energy and power industry, in the power transmission and distribution services segment.
JSW Future Energy has 3 deals on record (3 rights issues); the latest was in April 2021.