About Kutch Windfarm Development Private Limited
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Kutch Windfarm Development Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Continuum Green Energy Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 24 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2018PTC316215. Its GSTIN is 24AAHCK3379A1ZR (Gujarat).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.85 Cr. It is led by directors including Raja Parthasarathy and Nilesh Patil.
Its last annual general meeting (AGM) was held on 02 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 402 & 404 Delphi C Wing Hiranandani Business Park Orchard Avenue Powai, Mumbai, Maharashtra, India – 400076.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.19 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net loss of ₹11.22 Cr (net margin -44.5%) and EBITDA of ₹14.78 Cr (EBITDA margin 58.7%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years and 100% over five years.
As per MCA filings, the company has open charges of ₹149.39 Cr and satisfied charges of ₹127.85 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 2 deals on record (1 convertible or debt financing, 1 debt financing), with disclosed funding of ₹49.4 Cr; the latest was in October 2021. Its 5 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 2 smaller; the largest is Baidyanath Power Private Limited with revenue of ₹25.82 Cr.
For more details, the company can be reached via its website continuumenergy.in.
Company details
Contact details
Kutch Windfarm Development Private Limited's registered office is in Mumbai, Maharashtra. Its website is continuumenergy.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address402 & 404 Delphi C Wing Hiranandani Business Park Orchard Avenue Powai, Mumbai, Maharashtra, India – 400076
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Kutch Windfarm Development Private 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 Kutch Windfarm Development 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 Kutch Windfarm Development Private Limited, buy the company report.
Financials of Kutch Windfarm Development Private Limited
FY 2025 filings availableKutch Windfarm Development Private Limited reported revenue of ₹25.19 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 100%. EBITDA fell 17% 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 | ₹14.78 Cr | ||||
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| Net Profit (PAT) | -₹11.22 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 | 58.7% | ||||
| Net Profit Margin | -44.5% | ||||
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To see the full financial statements and ratios of Kutch Windfarm Development Private Limited, buy the company report.
Board of directors and KMP of Kutch Windfarm Development Private Limited
Kutch Windfarm Development Private Limited currently reports 3 directors and 1 key managerial person. 4 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nandiwada Venkatesan Venkataramanan Also directs: Jamnagar Renewables One Private Limited, Continuum Power Trading (TN) Private Limited, Continuum Green Energy Limited and 5 more | Ceo | 02 Sep 2025 | 1 Years 1 Months | Current |
| Raja Parthasarathy Also directs: Continuum Green Energy Limited, Uttar Urja Projects Private Limited, Trinethra Wind and Hydro Power Private Limited and 5 more | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Nilesh Patil Also directs: Uttar Urja Projects Private Limited, Bhuj Wind Energy Private Limited, Morjar Renewables Private Limited and 5 more | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
| Mahendra Malviya Also directs: Uttar Urja Projects Private Limited, Morjar Renewables Private Limited, Trinethra Wind and Hydro Power Private Limited and 5 more | Director | 24 Sep 2024 | 2 Years 1 Months | Current |
Peer comparison
Kutch Windfarm Development Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Baidyanath Power Private Limited | ₹25.82 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Green Infra Wind Power Projects Limited | ₹25.57 Cr (FY 2025) | 7.0% | Gurgaon, Haryana, India | |||
| Guttaseema Wind Energy Company Private Limited | ₹25.57 Cr (FY 2025) | -6.0% | Hyderabad, Telangana, India | |||
| Kutch Windfarm Development Private Limitedthis company | ₹25.19 Cr (FY 2025) | -₹11.22 Cr | -44.5% | -13.0% | Mumbai, Maharashtra, India | |
| Wind Urja India Private Limited | ₹24.73 Cr (FY 2025) | -18.0% | Hyderabad, Telangana, India | |||
| Veh Radiant Energy Private Limited | ₹24.47 Cr (FY 2025) | 1085.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Kutch Windfarm Development Private Limited, buy the company report.
Auditor
Kutch Windfarm Development Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W100018 |
Shareholding
The shareholding of Kutch Windfarm Development Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kutch Windfarm Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Apr 2025 | 101090190 | Others | ₹19 Cr | Open | |
| 23 Oct 2024 | 100995782 | Others | ₹130.39 Cr | Open | |
| 30 Jul 2024 | 100965746 | Others | ₹4.06 Cr | Satisfied | |
| 28 Oct 2021 | 100495257 | Others | ₹115.29 Cr | Satisfied | |
| 28 Oct 2021 | 100496984 | Others | ₹8.5 Cr | Satisfied |
To see the full charge records of Kutch Windfarm Development Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Kutch Windfarm Development Private Limited has 2 deals on record (1 convertible or debt financing, 1 debt financing), with disclosed funding of ₹49.4 Cr; the latest was in October 2021.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2021 | Debt financing | ₹24.21 Cr | Investors: Continuum Green Energy Private Limited |
To see the full deal history of Kutch Windfarm Development 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
Kutch Windfarm Development Private Limited has 2 court cases on record: 1 filed by Kutch Windfarm Development, 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, GUJARAT | Special civil application | Filed by the company against Gujarat Energy Transmission Corporation Ltd. and 4 others | Disposed |
| High Court, GUJARAT | Special civil application | Filed against the company by individuals | Pending |
To see the full case history of Kutch Windfarm Development 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kutch Windfarm Development Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kutch Windfarm Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCK3379A1ZR | Gujarat | Active | 19 Dec 2018 |
To see the full GST registrations and return filing status of Kutch Windfarm Development Private Limited, buy the company report.
Recent activity
Kutch Windfarm Development Private Limited has 12 board changes on record since 2018: 8 appointments and 4 cessations. The latest: Nandiwada Venkatesan Venkataramanan was appointed as CEO on 02 Sep 2025.
14 earlier events are in the company report.
Frequently asked questions
Kutch Windfarm Development is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 24 October 2018 (8+ years old) and is registered under CIN U40300MH2018PTC316215.
Kutch Windfarm Development has 4 current directors and KMP:
- Raja Parthasarathy - Director
- Nilesh Patil - Director
- Mahendra Malviya - Director
- Nandiwada Venkatesan Venkataramanan - Ceo
The latest financial statements of Kutch Windfarm Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 June 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Kutch Windfarm Development is 24AAHCK3379A1ZR, registered in Gujarat.
The CIN (Corporate Identification Number) of Kutch Windfarm Development is U40300MH2018PTC316215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kutch Windfarm Development has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
Kutch Windfarm Development was incorporated on 24 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Kutch Windfarm Development has 2 deals on record (1 convertible or debt financing, 1 debt financing), with disclosed funding of ₹49.4 Cr; the latest was in October 2021.
The peers of Kutch Windfarm Development by revenue are Baidyanath Power Private Limited, Green Infra Wind Power Projects Limited, Guttaseema Wind Energy Company Private Limited, Wind Urja India Private Limited, Veh Radiant Energy Private Limited, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Nandiwada Venkatesan Venkataramanan was appointed as CEO on 02 Sep 2025. Bhasmang Vidyutrai Mankodi ceased to be Director on 24 Sep 2024. Mahendra Malviya was appointed as Director on 24 Sep 2024. Kutch Windfarm Development has 12 board changes on record in total.
Kutch Windfarm Development can be reached through the website continuumenergy.in. Its registered office is in Mumbai, Maharashtra, India.