- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0107050

Mahati Hydro Power Projects Private Limited
About Mahati Hydro Power Projects Private Limited
Data last updated:
Mahati Hydro Power Projects Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 03 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40101PN2007PTC129913. Its GSTIN is 27AAFCM0676G1ZF (Maharashtra).
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹9.74 Cr. It is led by directors Sujay Udaybabu Shah and Abhijeet Ajit Shah.
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 32/33 Shankarshet Road Behind S.T. Workshop, Pune, Maharashtra, India – 411037.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.75 Cr. For the same year it recorded a net profit of ₹1.83 Lakh (net margin 0.1%) and EBITDA of ₹4.13 Cr (EBITDA margin 19.9%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 1% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹183.42 Cr and satisfied charges of ₹58 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Mahati Hydro Power Projects Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0107050). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Mahati Hydro Power Projects
Contact details
Mahati Hydro Power Projects Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered Address32/33 Shankarshet Road Behind S.T. Workshop, Pune, Maharashtra, India – 411037
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Mahati Hydro Power Projects 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 Mahati Hydro Power Projects 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 Mahati Hydro Power Projects Private Limited, buy the company report.
Financials of Mahati Hydro Power Projects Private Limited
FY 2025 filings availableMahati Hydro Power Projects Private Limited reported revenue of ₹20.75 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years. EBITDA fell 24% 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 | ₹4.13 Cr | ||||
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| Net Profit (PAT) | ₹1.83 Lakh | ||||
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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 | 19.9% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Mahati Hydro Power Projects Private Limited, buy the company report.
Board of directors of Mahati Hydro Power Projects Private Limited
Mahati Hydro Power Projects has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujay Udaybabu Shah Also directs: Mahati Electrics Engineering Services LLP, Mahati Electrics Pvt Ltd, Mahati Industries Private Limited and 5 more | Director | 03 Apr 2007 | 19 Years 6 Months | Current |
| Abhijeet Ajit Shah Also directs: Mahati Hydro Power Vidharbha Private Limited, Coortus Advisors India LLP, E&Nr Private Limited and 1 more | Director | 28 Nov 2023 | 2 Years 11 Months | Current |
Peer comparison
Mahati Hydro Power Projects Private Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Hydro Power, Power Projects), 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 |
|---|---|---|---|---|---|---|
| Clean Max Eliora Private Limited | ₹21.16 Cr (FY 2025) | Mumbai, Maharashtra, India | ||||
| Sei Jyotiswaroop Power Private Limited | ₹21.08 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Mahati Hydro Power Projects Private Limitedthis company | ₹20.75 Cr (FY 2025) | ₹1.83 Lakh | 0.1% | 23 | Pune, Maharashtra, India | |
| Pravara Renewable Energy Limited | ₹20.65 Cr (FY 2022) | -34.0% | Mumbai, Maharashtra, India | |||
| Purshotam Industries Ltd | ₹20.2 Cr (FY 2024) | 102.0% | Delhi, India | |||
| Prathijna Sustainable Solutions Private Limited | ₹19.85 Cr (FY 2024) | 34.0% | Bangalore, Karnataka, India | |||
| Atria Power Corporation Private Limited | ₹19.77 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Mahati Hydro Power Projects Private Limited, buy the company report.
Auditor
Mahati Hydro Power Projects Private Limited is audited by DELOITTE HASKINS & SELLS for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS | FY 2022 | 302009E |
Shareholding
The shareholding of Mahati Hydro Power Projects Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Mahati Hydro Power Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Apr 2024 | 100909532 | Others | ₹17 Cr | Open | |
| 26 Apr 2019 | 100265313 | Others | ₹27.67 Cr | Open | |
| 10 Mar 2014 | 10489606 | Others | ₹138.75 Cr | Open | |
| 30 Aug 2024 | 100979012 | Others | ₹2.5 Cr | Satisfied | |
| 11 Aug 2017 | 100116549 | Others | ₹30 Cr | Satisfied |
To see the full charge records of Mahati Hydro Power Projects Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Mahati Hydro Power Projects Private Limited has 4 court cases on record: 2 filed by Mahati Hydro Power Projects, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 2 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Appeal | Filed against the company by National Insurance Co.Ltd. | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed against the company by National Insurance Co.Ltd. | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against National Insurance Com. Ltd | Disposed |
To see the full case history of Mahati Hydro Power Projects 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
Mahati Hydro Power Projects Private Limited was last rated by Icra on 28 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 28 Feb 2020 |
To see the full credit ratings and regulatory alerts of Mahati Hydro Power Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahati Hydro Power Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mahati Hydro Power Projects Private Limited has a workforce of 23 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Mahati Hydro Power Projects has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCM0676G1ZF | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahati Hydro Power Projects Private Limited, buy the company report.
Recent activity
Mahati Hydro Power Projects Private Limited has 7 board changes on record since 2007: 3 appointments and 4 cessations. The latest: Mohan Malhar Nimbargi was appointed as Additional Director on 10 Dec 2024.
13 earlier events are in the company report.
Frequently asked questions
Mahati Hydro Power Projects is an active private limited company based in Pune, Maharashtra, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 03 April 2007 (19+ years old) and is registered under CIN U40101PN2007PTC129913.
Mahati Hydro Power Projects has 2 current directors:
- Sujay Udaybabu Shah - Director
- Abhijeet Ajit Shah - Director
The latest financial statements of Mahati Hydro Power Projects 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 2015 are in the company report.
The GSTIN of Mahati Hydro Power Projects is 27AAFCM0676G1ZF, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mahati Hydro Power Projects is U40101PN2007PTC129913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahati Hydro Power Projects has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Mahati Hydro Power Projects was incorporated on 03 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mahati Hydro Power Projects by revenue are Clean Max Eliora Private Limited, Sei Jyotiswaroop Power Private Limited, Pravara Renewable Energy Limited, Purshotam Industries Ltd, Prathijna Sustainable Solutions Private Limited and 1 more, all in the Cleantech industry (Hydro Power, Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Mohan Malhar Nimbargi was appointed as Additional Director on 10 Dec 2024. Abhijeet Ajit Shah ceased to be Additional Director on 29 Sep 2024. Abhijeet Ajit Shah was appointed as Director on 28 Nov 2023. Mahati Hydro Power Projects has 7 board changes on record in total.
Yes, Mahati Hydro Power Projects is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0107050).
The registered office of Mahati Hydro Power Projects is at 3233 Shankarshet Road Behind S.T. Workshop, Pune, Maharashtra, India – 411037.

