About JSW Wind Power (Pennar) Private Limited
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JSW Wind Power (Pennar) Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Hetero Wind Power Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 08 October 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40300TG2015PTC101063. Its GSTIN is 37AADCH7083E1ZI (Andhra Pradesh).
The company has an authorised share capital of ₹76 Cr and a paid-up capital of ₹65 Cr. It is led by directors including Rajkumar Verma and Jayesh Popatlal Dharod.
Its last annual general meeting (AGM) was held on 14 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.25 Cr, a decline of 29% compared to the previous year. For the same year it recorded a net loss of ₹24.12 Cr (net margin -63.1%) and EBITDA of -₹8.31 Cr (EBITDA margin -21.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹208 Cr and satisfied charges of ₹188 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending. The company has 3 deals on record (2 acquisitions, 1 funding round), with disclosed funding of ₹50 Cr; the latest was in October 2024. Its 6 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 2 smaller; the largest is Ushdev Engitech Limited with revenue of ₹38.64 Cr. The company has 5 MSME Form 1 returns on record between 2017 and 2022, listing 11 overdue payments to 4 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hetero.com.
Company details
Contact details
JSW Wind Power (Pennar) Private Limited's registered office is in Hyderabad, Telangana. Its website is hetero.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8001 Survey No. 109 Q – City, Nanakramguda, Hyderabad, Telangana, India – 500032
- IndustryEnvironment, Wind Energy Solutions
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- 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 Wind Power (Pennar) 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 Wind Power (Pennar) Private Limited, buy the company report.
Financials of JSW Wind Power (Pennar) Private Limited
FY 2025 filings availableJSW Wind Power (Pennar) Private Limited reported revenue of ₹38.25 Cr (down 29% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 5% over five years, including a 29% fall in the latest year. EBITDA fell 117% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹8.31 Cr | ||||
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| Net Profit (PAT) | -₹24.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -21.7% | ||||
| Net Profit Margin | -63.1% | ||||
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To see the full financial statements and ratios of JSW Wind Power (Pennar) Private Limited, buy the company report.
Board of directors of JSW Wind Power (Pennar) Private Limited
JSW Wind Power (Pennar) has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Verma Also directs: JSW Renew Energy Ten Limited, JSW Green Energy Three Limited, JSW Green Energy Four Limited and 5 more | Director | 10 Jan 2025 | 1 Years 10 Months | Current |
| Jayesh Popatlal Dharod Also directs: JSW Renew Energy Thirty Nine Limited, JSW Renew Energy Thirty Eight Limited, JSW Renew Energy Forty Limited and 5 more | Director | 10 Jan 2025 | 1 Years 10 Months | Current |
| Prashant Vishnu Mhatre Also directs: JSW Renew Energy Thirty Nine Limited, JSW Renew Energy Thirty Eight Limited, JSW Renew Energy Forty Limited and 5 more | Director | 10 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
JSW Wind Power (Pennar) Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Wind 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 |
|---|---|---|---|---|---|---|
| Ushdev Engitech Limited | ₹38.64 Cr (FY 2022) | 11.0% | Chennai, Tamil Nadu, India | |||
| First Energy 3 Private Limited | ₹38.51 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Badoni Power Private Limited | ₹38.44 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| JSW Vayu (Pennar) Private Limited | ₹38.29 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India | |||
| JSW Wind Power (Pennar) Private Limitedthis company | ₹38.25 Cr (FY 2025) | -₹24.12 Cr | -63.1% | -29.0% | Hyderabad, Telangana, India | |
| Vena Energy Patan Power Private Limited | ₹37.61 Cr (FY 2025) | -12.0% | Bangalore, Karnataka, India | |||
| Clean Wind Power (Satara) Private Limited | ₹37.57 Cr (FY 2025) | -7.0% | New Delhi, Delhi, India |
To see the full peer comparison of JSW Wind Power (Pennar) Private Limited, buy the company report.
Auditor
JSW Wind Power (Pennar) Private Limited is audited by M V NARAYANA REDDY & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V NARAYANA REDDY & CO | FY 2023 | 002370S |
Shareholding
The shareholding of JSW Wind Power (Pennar) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 Wind Power (Pennar) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jan 2025 | 101046106 | Others | ₹208 Cr | Open | |
| 23 Feb 2022 | 100542028 | Others | ₹68 Cr | Satisfied | |
| 31 May 2016 | 100033475 | Others | ₹120 Cr | Satisfied |
To see the full charge records of JSW Wind Power (Pennar) Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
JSW Wind Power (Pennar) Private Limited has 3 deals on record (2 acquisitions, 1 funding round), with disclosed funding of ₹50 Cr; the latest was in October 2024.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2024 | Acquisition | Undisclosed | Buyer: JSW Neo Energy Limited Seller: Hetero Labs Limited |
| Jan 2017 | Acquisition | ₹14.75 Cr | Buyer: JSW Wind Power Limited |
To see the full deal history of JSW Wind Power (Pennar) Private 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 Wind Power (Pennar) Private Limited has 2 court cases on record: 1 filed by JSW Wind Power (Pennar), 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Andhra Pradesh | Writ petition | Filed against the company by M/S Hetero Wind Power Ltd | Pending |
| High Court, ANDHRAPRADESH | Appeal | Filed by the company against New and Renewable Energy Developmentcorporation of Andhra Pradesh Limited, and 9 others | Disposed |
To see the full case history of JSW Wind Power (Pennar) Private 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 Wind Power (Pennar) Private Limited was last rated by Care on 07 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 07 Dec 2021 |
To see the full credit ratings and regulatory alerts of JSW Wind Power (Pennar) Private Limited, buy the company report.
MSME payment delays
JSW Wind Power (Pennar) Private Limited has 5 MSME Form 1 returns on record between 2017 and 2022, listing 11 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| N-Power Engineering LLP | |||
| Reconnect Energy Solutions Limited | |||
| Primul Infra | |||
| En En Electrical Engineers Private Limited |
To see the full MSME payment records of JSW Wind Power (Pennar) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
JSW Wind Power (Pennar) has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AADCH7083E1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of JSW Wind Power (Pennar) Private Limited, buy the company report.
Recent activity
JSW Wind Power (Pennar) Private Limited has 13 board changes on record since 2016: 3 appointments and 10 cessations. The latest: Bandi Vamsikrishna ceased to be Director on 10 Jan 2025.
11 earlier events are in the company report.
Frequently asked questions
JSW Wind Power (Pennar) is an active private limited company based in Hyderabad, Telangana, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 08 October 2015 (11+ years old) and is registered under CIN U40300TG2015PTC101063.
JSW Wind Power (Pennar) has 3 current directors:
- Rajkumar Verma - Director
- Jayesh Popatlal Dharod - Director
- Prashant Vishnu Mhatre - Director
The latest financial statements of JSW Wind Power (Pennar) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 14 July 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of JSW Wind Power (Pennar) is 37AADCH7083E1ZI, registered in Andhra Pradesh.
The CIN (Corporate Identification Number) of JSW Wind Power (Pennar) is U40300TG2015PTC101063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
JSW Wind Power (Pennar) has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
JSW Wind Power (Pennar) was incorporated on 08 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
JSW Wind Power (Pennar) has 3 deals on record (2 acquisitions, 1 funding round), with disclosed funding of ₹50 Cr; the latest was in October 2024.
The peers of JSW Wind Power (Pennar) by revenue are Ushdev Engitech Limited, First Energy 3 Private Limited, Badoni Power Private Limited, JSW Vayu (Pennar) Private Limited, Vena Energy Patan Power Private Limited and 1 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Bandi Vamsikrishna ceased to be Director on 10 Jan 2025. Jayesh Popatlal Dharod was appointed as Director on 10 Jan 2025. Jayesh Popatlal Dharod ceased to be Additional Director on 10 Jan 2025. JSW Wind Power (Pennar) has 13 board changes on record in total.
JSW Wind Power (Pennar) has 5 MSME Form 1 returns on record between 2017 and 2022, listing 11 overdue payments to 4 micro and small suppliers. The latest return was filed on 20 Sep 2023.
JSW Wind Power (Pennar) can be reached through the website hetero.com. Its registered office is in Hyderabad, Telangana, India.
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