M.A.G Renewable Energy Private Limited

M.A.G Renewable Energy Private Limited - environment in Tirupur, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U40106TZ2017PTC028568 Incorporated 27 February 2017 ROC Coimbatore HQ Tirupur, Tamil Nadu, India
Active Private Limited Company environment MSME
Data last updated
Revenue · FY 2025
₹11 Cr
▲ 195% YoY
Net profit · FY 2025
₹2.26 Cr
Net margin 20.6%
EBITDA · FY 2025
₹10.29 Cr
EBITDA margin 93.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1.85 Lakh
Issued & subscribed
Open charges
₹152.03 Cr
Satisfied ₹1.5 Cr
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings

About M.A.G Renewable Energy Private Limited

Data last updated:

M.A.G Renewable Energy Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 27 February 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U40106TZ2017PTC028568. Its GSTIN is 33AAECT7075K1Z0 (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.85 Lakh. It is led by directors Vellingiri Karthik and Vellingiri.

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 No.18(1)/15A Suriyan Nagar Abt Road Extension Karuvampalayam, Tirupur, Tamil Nadu, India – 641604.

As per the financials filed for FY 2025, the company reported a revenue of ₹11 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.26 Cr (net margin 20.6%) and EBITDA of ₹10.29 Cr (EBITDA margin 93.6%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years and 40% over five years.

As per MCA filings, the company has open charges of ₹152.03 Cr and satisfied charges of ₹1.5 Cr on record.

M.A.G Renewable Energy Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-28-0025120). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U40106TZ2017PTC028568
Registration Number 028568
Incorporation Date 27 February 2017
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-28-0025120
Key People
Vellingiri Karthik Director Vellingiri Director

Recognitions & Rankings of M.A.G Renewable Energy

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-28-0025120

Contact details

M.A.G Renewable Energy Private Limited's registered office is in Tirupur, Tamil Nadu. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    No.18(1)/15A Suriyan Nagar Abt Road Extension Karuvampalayam, Tirupur, Tamil Nadu, India – 641604
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of M.A.G Renewable Energy Private Limited, buy the company report.

Comprehensive company report
M.A.G Renewable Energy Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of M.A.G Renewable Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of M.A.G Renewable Energy Private Limited, buy the company report.

Financials of M.A.G Renewable Energy Private Limited

FY 2025 filings available

M.A.G Renewable Energy Private Limited reported revenue of ₹11 Cr (up 195% YoY) for FY 2025.

Revenue · FY 2025
₹11 Cr ▲ 195%
Net profit · FY 2025
₹2.26 Cr margin 20.6%
EBITDA · FY 2025
₹10.29 Cr margin 93.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 195%
3 years · compounded
▲ 87%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 427%
3 years · compounded
▲ 87%
5 years · compounded
▲ 44%

Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 195% growth in the latest year. EBITDA rose 427% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹10.29 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.26 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin93.6%
Net Profit Margin20.6%
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 M.A.G Renewable Energy Private Limited, buy the company report.

Board of directors of M.A.G Renewable Energy Private Limited

M.A.G Renewable Energy has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Vellingiri Karthik
Also directs: Sri Sivajothi Spinning Mills Private Limited, SSJM Infrastructure Private Limited, CR SLC Infrastructure Private Limited
Director27 Feb 20179 Years 8 MonthsCurrent
Vellingiri
Also directs: Ace Agro Lubricant Product India Private Limited, Sri Sivajothi Spinning Mills Private Limited, Rajvin Chemicals Private Limited and 5 more
Director27 Feb 20179 Years 8 MonthsCurrent
View all directors

Peer comparison

M.A.G Renewable Energy Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Renewable Energy, Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Punj Lloyd Solar Power Limited₹11.07 Cr (FY 2025)6.0%New Delhi, Delhi, India
M.A.G Renewable Energy Private Limitedthis company₹11 Cr (FY 2025)₹2.26 Cr20.6%195.0%Tirupur, Tamil Nadu, India
Khaya Solar Projects Private Limited₹10.96 Cr (FY 2025)6.0%Hyderabad, Telangana, India
Ampin C&I Five Private Limited₹10.9 Cr (FY 2025)4051.0%New Delhi, Delhi, India

To see the full peer comparison of M.A.G Renewable Energy Private Limited, buy the company report.

Auditor

M.A.G Renewable Energy Private Limited is audited by N.RAJAN & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N.RAJAN & ASSOCIATESFY 2023011263S

Shareholding

The shareholding of M.A.G Renewable Energy 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of M.A.G Renewable Energy Private Limited, buy the company report.

Charges & borrowings

Open charges
₹152.03 Cr
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
City Union Bank Limited₹152.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Oct 2025101189541City Union Bank Limited₹24 CrOpen
15 Sep 2025101155700City Union Bank Limited₹6.25 LakhOpen
30 Sep 2024100983756City Union Bank Limited₹28.75 LakhOpen
30 Apr 2024100933656City Union Bank Limited₹18 CrOpen
14 Feb 2024100893521City Union Bank Limited₹53.93 CrOpen

To see the full charge records of M.A.G Renewable Energy Private Limited, buy the company report.

Total charge records: 9 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for M.A.G Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

M.A.G Renewable Energy has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AAECT7075K1Z0Tamil NaduActive01 Jul 2017
33AAKCM8651N1ZVTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of M.A.G Renewable Energy Private Limited, buy the company report.

Recent activity

M.A.G Renewable Energy Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Vellingiri was appointed as Director on 27 Feb 2017.

Charges
A charge with City Union Bank Limited amounted to Rs. 2,400.00 Lakh with Charge ID 101189541 was registered on 31 Oct 2025.
Charges
A charge with City Union Bank Limited of Rs. 28.75 Lakh registered on 30 Sep 2024 with Charge ID 100983756 was modified on 18 Oct 2025.
AGM
M.A.G Renewable Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with City Union Bank Limited amounted to Rs. 6.25 Lakh with Charge ID 101155700 was registered on 15 Sep 2025.
Filing
M.A.G Renewable Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with City Union Bank Limited amounted to Rs. 28.75 Lakh with Charge ID 100983756 was registered on 30 Sep 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 1,800.00 Lakh with Charge ID 100933656 was registered on 30 Apr 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 5,392.64 Lakh with Charge ID 100893521 was registered on 14 Feb 2024.
Charges
A charge with City Union Bank Limited amounted to Rs. 4,875.00 Lakh with Charge ID 100838067 was registered on 30 Nov 2023.
Charges
A charge registered on 07 Mar 2019 via Charge ID 100256677 with City Union Bank Limited was fully satisfied on 06 Jan 2023.
Charges
A charge with City Union Bank Limited amounted to Rs. 345.00 Lakh with Charge ID 100454082 was registered on 23 Jun 2021.
Charges
A charge with City Union Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100256677 was registered on 07 Mar 2019.

4 earlier events are in the company report.

Frequently asked questions

M.A.G Renewable Energy is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 27 February 2017 (9+ years old) and is registered under CIN U40106TZ2017PTC028568.

M.A.G Renewable Energy has 2 current directors:

The latest financial statements of M.A.G Renewable Energy 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 M.A.G Renewable Energy is 33AAECT7075K1Z0, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAKCM8651N1ZV (Tamil Nadu).

The CIN (Corporate Identification Number) of M.A.G Renewable Energy is U40106TZ2017PTC028568. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M.A.G Renewable Energy was incorporated on 27 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.

The peers of M.A.G Renewable Energy by revenue are Punj Lloyd Solar Power Limited, Khaya Solar Projects Private Limited, Ampin C&I Five Private Limited, all in the Cleantech industry (Renewable Energy, Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).

Vellingiri was appointed as Director on 27 Feb 2017. Vellingiri Karthik was appointed as Director on 27 Feb 2017.

Yes, M.A.G Renewable Energy is registered as an MSME under Udyam registration (number: UDYAM-TN-28-0025120).

The registered office of M.A.G Renewable Energy is at No.18115A Suriyan Nagar Abt Road Extension Karuvampalayam, Tirupur, Tamil Nadu, India – 641604.

M.A.G Renewable Energy operates in the environment industry, in the solar energy solutions segment.