- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0179212

About Krishna Windfarms Developers Private Limited
Data last updated:
Krishna Windfarms Developers Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Mitcon Consultancy & Engineering Services Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 13 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2002PTC135146. Its GSTIN is 27AABCK8173E1ZH (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹19.5 Cr. It is led by directors including Harshad Vijay Joshi and Sanjay Ballal Phadke.
Its last annual general meeting (AGM) was held on 03 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 1402 Floor – 14 Plot – 211 Dalamal Tower Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.98 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net loss of ₹34.45 Lakh (net margin -4.3%) and EBITDA of ₹6.51 Cr (EBITDA margin 81.6%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹51.51 Cr and satisfied charges of ₹70 Cr on record.
Krishna Windfarms Developers Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0179212). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitconindia.com.
Recognitions & Rankings of Krishna Windfarms Developers
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressB – 1402 Floor – 14 Plot – 211 Dalamal Tower Free Press Journal Marg Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEnvironment, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Krishna Windfarms Developers Private Limited
The main business activity of Krishna Windfarms Developers is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Krishna Windfarms Developers Private Limited FY 2025 filings available
Krishna Windfarms Developers Private Limited reported revenue of ₹7.98 Cr (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Krishna Windfarms Developers Private Limited
Revenue fell 2% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 5% 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 of Krishna Windfarms Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.51 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹34.45 Lakh | •••• | •••• | •••• | •••• |
| 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 of Krishna Windfarms Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 81.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Krishna Windfarms Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers Private Limited currently reports 4 directors and 2 key managerial personnel. 14 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshad Vijay Joshi Also directs: Mitcon Sun Power Limited, MSPL Unit 6 Limited, Mitcon Power Trading Limited and 5 more | Director | 24 Mar 2017 | 9 Years 6 Months | Current |
| Sanjay Ballal Phadke | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Salonee Shyam Sharma | Company Secretary | 09 Feb 2024 | 2 Years 8 Months | Current |
| Gaurav Vishvasrao Chaudhari | Cfo | 09 Feb 2024 | 2 Years 8 Months | Current |
| Nandkishor Manohar Dhakate Also directs: Minven Solar 01 Private Limited, Minven Solar 02 Private Limited, MSPL Unit 5 Limited and 2 more | Manager | 04 Mar 2024 | 2 Years 7 Months | Current |
| Rasika Satish Goliwale Also directs: Mitcon Water Limited | Director | 11 Feb 2025 | 1 Years 8 Months | Current |
Peer Comparison of Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Torrent Saurya Urja 5 Private Limited | ₹8.04 Cr (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Fpel Surya Private Limited | ₹8 Cr (FY 2024) | •••• | •••• | 23773.0% | •••• | Hyderabad, Telangana, India |
| Ampin Power Generation Private Limited | ₹7.99 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | New Delhi, Delhi, India |
| Avid Green Energy Private Limited | ₹7.99 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Sadashivnagar, Karnataka, India |
| Aadit Solar Power Private Limited | ₹7.98 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Hulkoti, Karnataka, India |
| Krishna Windfarms Developers Private Limited this company | ₹7.98 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Shree Saibaba Green Power Private Limited | ₹7.92 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Latur, Maharashtra, India |
| Azure Power Eris Private Limited | ₹7.82 Cr (FY 2025) | •••• | •••• | -34.0% | •••• | New Delhi, Delhi, India |
| Citra Real Estate Limited | ₹7.79 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurgaon, Haryana, India |
| Victus Green Energy Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | 445.0% | •••• | Avanashi, Tamil Nadu, India |
| Jyoti Solar Solutions Private Limited | ₹7.77 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Krishna Windfarms Developers by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers Private Limited is audited by J SINGH & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J SINGH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Krishna Windfarms Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Krishna Windfarms Developers Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Sep 2023 | Hdfc Bank Limited | ₹4.16 Cr | Open |
| 10 Jan 2020 | Hdfc Bank Limited | ₹42 Cr | Open |
| 23 Aug 2018 | Others | ₹5.35 Cr | Open |
| 07 Jun 2017 | Others | ₹42 Cr | Satisfied |
| 19 Apr 2017 | Others | ₹28 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers Private Limited has a workforce of 4 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers Private Limited has 19 board changes on record since 2017: 6 appointments and 13 cessations. The latest: Rasika Satish Goliwale ceased to be Additional Director on 02 Sep 2025.
21 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Krishna Windfarms Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Krishna Windfarms Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Krishna Windfarms Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCK8173E1ZH | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Krishna Windfarms Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Krishna Windfarms Developers Private Limited
Krishna Windfarms Developers is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 13 March 2002 (24+ years old) and is registered under CIN U40108MH2002PTC135146.
Krishna Windfarms Developers reported revenue of ₹7.98 Cr for FY 2025 (down 2% YoY).
Krishna Windfarms Developers has 6 current directors and KMP:
- Harshad Vijay Joshi - Director
- Sanjay Ballal Phadke - Director
- Rasika Satish Goliwale - Director
- Salonee Shyam Sharma - Company Secretary
- Gaurav Vishvasrao Chaudhari - Cfo
- Nandkishor Manohar Dhakate - Manager
Krishna Windfarms Developers reported a net loss of ₹34.45 Lakh (net margin -4.3%) and EBITDA of ₹6.51 Cr (EBITDA margin 81.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Krishna Windfarms Developers is 4% over three years and 1% over five years. In the latest year (FY 2025) revenue fell 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Krishna Windfarms Developers is 27AABCK8173E1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Krishna Windfarms Developers is U40108MH2002PTC135146. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Krishna Windfarms Developers was incorporated on 13 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Krishna Windfarms Developers by revenue are Torrent Saurya Urja 5 Private Limited, Fpel Surya Private Limited, Ampin Power Generation Private Limited, Avid Green Energy Private Limited, Aadit Solar Power Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Rasika Satish Goliwale ceased to be Additional Director on 02 Sep 2025. Rasika Satish Goliwale was appointed as Director on 11 Feb 2025. Lakshmi Arunkumar ceased to be Manager on 04 Mar 2024. Krishna Windfarms Developers has 19 board changes on record in total.
Yes, Krishna Windfarms Developers is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0179212).