About JSW Hydro Energy Limited
Data last updated:
JSW Hydro Energy Limited is a public limited company based in Sholtu, Himachal Pradesh, India, a subsidiary of Jsw Neo Energy Limited. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 14 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U40101HP2014PLC000681. Its GSTIN is 02AADCH3821L1ZU (Himachal Pradesh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1,250.05 Cr and a paid-up capital of ₹1,250.05 Cr. It was formerly known as Himachal Baspa Power Company Limited. It is led by directors including Gyan Bhadra Kumar (Whole-Time Director) and Sharad Mahendra.
Its last annual general meeting (AGM) was held on 04 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Karcham – Wangtoo H. E. Project Sholtu Colony P. O. Tapri, Himachal Pradesh, India – 172104.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,519.47 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹420.02 Cr (net margin 27.6%) and EBITDA of ₹1,303.64 Cr (EBITDA margin 85.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 4% over five years.
The company has about 1,034 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5,779.68 Cr and satisfied charges of ₹30,294 Cr on record. Court records list 104 cases involving the company, including 35 filed by the company and 69 filed against it; 18 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹4,090 Cr; the latest was in March 2022. Its 6 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 3 smaller; the largest is THDC India Limited with revenue of ₹2,713.45 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jsw.in.
Company details
Contact details
JSW Hydro Energy Limited's registered office is in Sholtu, Himachal Pradesh. Its website is jsw.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressKarcham – Wangtoo H. E. Project Sholtu Colony P. O. Tapri, Himachal Pradesh, India – 172104
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of JSW Hydro 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 Hydro 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 Hydro Energy Limited, buy the company report.
Financials of JSW Hydro Energy Limited
FY 2025 filings availableJSW Hydro Energy Limited reported revenue of ₹1,519.47 Cr (up 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 10% growth in the latest year. EBITDA rose 11% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1,303.64 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹420.02 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 85.8% | ||||
| Net Profit Margin | 27.6% | ||||
| 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 Hydro Energy Limited, buy the company report.
Board of directors of JSW Hydro Energy Limited
JSW Hydro Energy has 5 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharad Mahendra Also directs: JSW Energy Limited, Barmer Lignite Mining Company Limited, JSW Energy (Barmer) Limited and 4 more | Director | 22 Jan 2024 | 2 Years 9 Months | Current |
| Pritesh Vinay | Director | 16 Sep 2020 | 6 Years 1 Months | Current |
| Seema Jajodia Also directs: Shivraj Vyapaar LLP, Nourish Organic Foods Private Limited, Big Toe Strength and Conditioning Private Limited and 1 more | Director | 10 Aug 2017 | 9 Years 3 Months | Current |
| Gyan Bhadra Kumar | Whole-Time Director | 01 Nov 2018 | 8 Years 0 Months | Current |
| Sunil Badriprasad Goyal | Director | 25 Mar 2021 | 5 Years 7 Months | Current |
Peer comparison
JSW Hydro Energy Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Hydro 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 |
|---|---|---|---|---|---|---|
| THDC India Limited | ₹2,713.45 Cr (FY 2025) | 35.0% | Rishieksh, Uttarakhand, India | |||
| Tripura State Electricity Corporation Limited | ₹1,749.57 Cr (FY 2024) | 5.0% | Agartala, Tripura, India | |||
| NHDC Limited | ₹1,594.64 Cr (FY 2025) | 6.0% | Bhopal, Madhya Pradesh, India | |||
| JSW Hydro Energy Limitedthis company | ₹1,519.47 Cr (FY 2024) | ₹420.02 Cr | 27.6% | 10.0% | 1,034 | Sholtu, Himachal Pradesh, India |
| Ujvn Limited | ₹1,132.2 Cr (FY 2025) | 9.0% | Uttarakhand, India | |||
| Odisha Hydro Power Corporation Limited | ₹895.86 Cr (FY 2024) | 31.0% | Bhubaneswar, Odisha, India | |||
| Atria Brindavan Power Private Limited | ₹580.13 Cr (FY 2024) | 6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of JSW Hydro Energy Limited, buy the company report.
Auditor
JSW Hydro Energy Limited is audited by Shah Gupta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Gupta & Co. | FY 2023 | 109574W |
Shareholding
The shareholding of JSW Hydro Energy Limited is on record for 5 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 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of JSW Hydro Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Sep 2022 | 100619676 | Sbicap Trustee Company Limited | ₹100 Cr | Open | |
| 29 Oct 2021 | 100499135 | Sbicap Trustee Company Limited | ₹4,898.47 Cr | Open | |
| 29 Oct 2021 | 100499138 | Sbicap Trustee Company Limited | ₹390.61 Cr | Open | |
| 26 Oct 2021 | 100499093 | Sbicap Trustee Company Limited | ₹390.61 Cr | Open | |
| 21 Sep 2016 | 100054626 | Sbicap Trustee Company Limited | ₹69 Cr | Satisfied |
To see the full charge records of JSW Hydro Energy Limited, buy the company report.
Total charge records: 64 View all charges
Deals & funding
JSW Hydro Energy Limited has 6 deals on record (3 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹4,090 Cr; the latest was in March 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: JSW Neo Energy Limited Seller: JSW Energy Limited |
| Jul 2016 | Debt financing | ₹340 Cr | Investors: JSW Energy Limited |
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: JSW Energy Limited Seller: Jaiprakash Power Ventures Limited, an individual |
| Sep 2015 | Debt financing | ₹2,500 Cr | Investors: Jaiprakash Power Ventures Limited |
| Sep 2015 | Funding round | ₹1,250 Cr | Investors: Jaiprakash Power Ventures Limited |
To see the full deal history of JSW Hydro Energy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
JSW Hydro Energy Limited has 104 court cases on record: 35 filed by JSW Hydro Energy, 69 filed against it. 18 cases are pending and 86 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 58 | 56 | 2 |
| High courts | 40 | 8 | 12 |
| Supreme Court | 6 | 5 | 4 |
Cases on record (5 of 104)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HIMACHAL PRADESH | Writ petition | Filed by the company against Himachal Pradesh State Electricity Board Ltd(Not Applicable) and 11 others | Disposed |
| District court, Kinnaur, Himachal Pradesh | Civil miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Himachal Pradesh | Writ petition | Filed against the company | Pending |
| District court, Kinnaur, Himachal Pradesh | Court case (Suit For Permanent Injunction) | Filed against the company by an individual | Pending |
| High Court of Himachal Pradesh | Writ petition | Filed by the company against State of HP and Others | Pending |
To see the full case history of JSW Hydro 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.
Credit ratings & regulatory alerts
JSW Hydro Energy Limited was last rated by Care on 07 Oct 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Oct 2020 |
To see the full credit ratings and regulatory alerts of JSW Hydro Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for JSW Hydro Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
JSW Hydro Energy Limited has a workforce of 1,034 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,034 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of JSW Hydro Energy Limited, buy the company report.
GST
JSW Hydro Energy has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AADCH3821L1ZU | Himachal Pradesh | Active | 01 Jul 2017 |
| 27AADCH3821L1ZI | Maharashtra | Active | 21 Sep 2017 |
| 07AADCH3821L1ZK | Delhi | Active | 16 Jan 2018 |
To see the full GST registrations and return filing status of JSW Hydro Energy Limited, buy the company report.
Recent activity
JSW Hydro Energy Limited has 26 board changes on record since 2015: 5 appointments and 21 cessations. The latest: Sharad Mahendra was appointed as Director on 22 Jan 2024.
181 earlier events are in the company report.
News
Frequently asked questions
JSW Hydro Energy is an active public limited company based in Sholtu, Himachal Pradesh, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 14 March 2014 (12+ years old) and is registered under CIN U40101HP2014PLC000681.
JSW Hydro Energy has 5 current directors:
- Gyan Bhadra Kumar - Whole-Time Director
- Sharad Mahendra - Director
- Pritesh Vinay - Director
- Seema Jajodia - Director
- Sunil Badriprasad Goyal - Director
The latest financial statements of JSW Hydro Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 July 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of JSW Hydro Energy is 02AADCH3821L1ZU, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCH3821L1ZI (Maharashtra), 07AADCH3821L1ZK (Delhi).
The CIN (Corporate Identification Number) of JSW Hydro Energy is U40101HP2014PLC000681. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSW Hydro Energy has 104 court cases on record: 35 filed by the company and 69 filed against it. 18 are pending. Most are in the district courts.
JSW Hydro Energy was incorporated on 14 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
JSW Hydro Energy has 6 deals on record (3 secondary share transfers, 2 debt financings, 1 funding round), with disclosed funding of ₹4,090 Cr; the latest was in March 2022.
The peers of JSW Hydro Energy by revenue are THDC India Limited, Tripura State Electricity Corporation Limited, NHDC Limited, Ujvn Limited, Odisha Hydro Power Corporation Limited and 1 more, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Sharad Mahendra was appointed as Director on 22 Jan 2024. Pritesh Vinay ceased to be Additional Director on 04 Aug 2021. Sunil Badriprasad Goyal ceased to be Additional Director on 04 Aug 2021. JSW Hydro Energy has 26 board changes on record in total.
JSW Hydro Energy can be reached through the website jsw.in. Its registered office is in Sholtu, Himachal Pradesh, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
