About Kanak Renewables Limited
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Kanak Renewables Limited is a public limited company based in Delhi, India, a subsidiary of Renew Power Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 08 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40100DL2017PLC340145. Its GSTIN is 07AAGCK4904L1ZC (Delhi). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Abhinav Gupta and Bharat Bahl.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 138 Ansal Chambers – Ll Bhikaji Cama Place, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹124.9 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹18.7 Cr (net margin 15%) and EBITDA of ₹91.7 Cr (EBITDA margin 73.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 7% over five years.
The company is associated with 1 brand: ReNew. As per MCA filings, the company has open charges of ₹3,480 Cr and satisfied charges of ₹726.04 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it. The company has 1 deal on record (1 acquisition); the latest was in March 2018. Its 7 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Ostro Ap Wind Private Limited with revenue of ₹127.3 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website renew.com.
Company details
CIN history
Kanak Renewables has one previous CIN (Corporate Identification Number): U40100GJ2017PLC096162. The current CIN is U40100DL2017PLC340145, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100DL2017PLC340145 | Current |
| U40100GJ2017PLC096162 | Previous |
Contact details
Kanak Renewables Limited's registered office is in Delhi, Delhi. Its website is renew.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address138 Ansal Chambers – Ll Bhikaji Cama Place, Delhi, India – 110066
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Kanak Renewables 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 Kanak Renewables 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 Kanak Renewables Limited, buy the company report.
Financials of Kanak Renewables Limited
FY 2025 filings availableKanak Renewables Limited reported revenue of ₹124.9 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 2% growth in the latest year. EBITDA fell 13% 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 | ₹91.7 Cr | ||||
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| Net Profit (PAT) | ₹18.7 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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| EBITDA Margin | 73.4% | ||||
| Net Profit Margin | 15% | ||||
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To see the full financial statements and ratios of Kanak Renewables Limited, buy the company report.
Board of directors of Kanak Renewables Limited
Kanak Renewables has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abhinav Gupta Also directs: Renew Jal Urja Private Limited, Renew Hydro Storage Private Limited, Renew Hydro Power Private Limited and 5 more | Director | 31 Mar 2020 | 6 Years 6 Months | Current |
| Bharat Bahl Also directs: Heramba Renewables Limited, Prathamesh Solarfarms Limited, Ostro Energy Private Limited and 5 more | Director | 23 Jan 2021 | 5 Years 9 Months | Current |
| Parag Santoshi Also directs: Rajat Renewables Limited, Renew Samir Urja Private Limited, Renew Wind Energy (Karnataka Two) Private Limited and 5 more | Additional Director | 23 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Kanak Renewables Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Ostro Ap Wind Private Limited | ₹127.3 Cr (FY 2025) | -9.0% | New Delhi, Delhi, India | |||
| Tanot Wind Power Ventures Private Limited | ₹126.16 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| Sargam Retails Private Limited | ₹125.18 Cr (FY 2025) | -44.0% | Pune, Maharashtra, India | |||
| Kanak Renewables Limitedthis company | ₹124.9 Cr (FY 2025) | ₹18.7 Cr | 15% | 2.0% | Delhi, India | |
| Ecoren One Wind Energy Private Limited | ₹124.09 Cr (FY 2024) | -1.0% | Hyderabad, Telangana, India | |||
| DJ Energy Private Limited | ₹123.64 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Vena Energy Fatanpur Power Private Limited | ₹122.59 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| Greenko Uravakonda Wind Power Private Limited | ₹122.18 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Kanak Renewables Limited, buy the company report.
Auditor
Kanak Renewables Limited is audited by S. R. Batliboi & Associates Llp for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. R. Batliboi & Associates Llp | FY 2021 | 301003E/E300005 |
Shareholding
The shareholding of Kanak Renewables 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 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Kanak Renewables Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2022 | 100644420 | Others | ₹3,480 Cr | Open | |
| 09 Aug 2019 | 100288754 | Others | ₹145.76 Cr | Satisfied | |
| 17 Aug 2018 | 100204139 | Others | ₹22.56 Cr | Satisfied | |
| 17 Aug 2018 | 100205058 | Others | ₹557.72 Cr | Satisfied |
To see the full charge records of Kanak Renewables Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Kanak Renewables Limited has 1 deal on record (1 acquisition); the latest was in March 2018.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Acquisition | ₹10 Lakh | Buyer: Renew Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Kanak Renewables Limited has 4 court cases on record: 1 filed by Kanak Renewables, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against Hubli Electricity Supply Company Limited and 2 others | Disposed |
| District court, New Delhi, Delhi | Court case (OMP (I) (COMM.)) | Filed against the company by Suzlon Energy Ltd | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company by Renew Power Private Limited | Disposed |
To see the full case history of Kanak Renewables 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
Kanak Renewables Limited was last rated by Care on 21 Sep 2018.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 21 Sep 2018 |
To see the full credit ratings and regulatory alerts of Kanak Renewables Limited, buy the company report.
MSME payment delays
Kanak Renewables Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Indolite Devices Private Limited |
To see the full MSME payment records of Kanak Renewables Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Kanak Renewables has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCK4904L1ZC | Delhi | Active | 10 Mar 2019 |
| 29AAGCK4904L1Z6 | Karnataka | Active | 12 Dec 2017 |
| 08AAGCK4904L1ZA | Rajasthan | Active | 30 Jun 2018 |
To see the full GST registrations and return filing status of Kanak Renewables Limited, buy the company report.
Recent activity
Kanak Renewables Limited has 17 board changes on record since 2018: 5 appointments and 12 cessations. The latest: Parag Santoshi was appointed as Additional Director on 23 Aug 2025.
16 earlier events are in the company report.
News
Frequently asked questions
Kanak Renewables is an active public limited company based in Delhi, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U40100DL2017PLC340145.
Kanak Renewables has 3 current directors:
- Abhinav Gupta - Director
- Bharat Bahl - Director
- Parag Santoshi - Additional Director
The latest financial statements of Kanak Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kanak Renewables is 07AAGCK4904L1ZC, registered in Delhi. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAGCK4904L1Z6 (Karnataka), 08AAGCK4904L1ZA (Rajasthan).
The CIN (Corporate Identification Number) of Kanak Renewables is U40100DL2017PLC340145. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanak Renewables has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the high courts.
Kanak Renewables was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Kanak Renewables has 1 deal on record (1 acquisition); the latest was in March 2018.
The peers of Kanak Renewables by revenue are Ostro Ap Wind Private Limited, Tanot Wind Power Ventures Private Limited, Sargam Retails Private Limited, Ecoren One Wind Energy Private Limited, DJ Energy Private Limited and 2 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Parag Santoshi was appointed as Additional Director on 23 Aug 2025. Vikram Iyengar was appointed as Additional Director on 11 Mar 2025. Kolahal Anil Kumar ceased to be Additional Director on 29 Sep 2024. Kanak Renewables has 17 board changes on record in total.
Kanak Renewables has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Aug 2023.
Kanak Renewables can be reached through the website renew.com. Its registered office is in Delhi, India.