- Category
- Medium (2023-24)
- Udyam number
- UDYAM-TS-02-0039869

MB Green Energy Private Limited
About MB Green Energy Private Limited
Data last updated:
MB Green Energy Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Maheswari Mining & Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40105TG2019PTC137772. Its GSTIN is 36AANCM1737G1ZC (Telangana).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors Deepak Somani and Bijay Kumar Mandhani.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No 8 – 2 – 293/174/A/26 Second Floor Road No.14 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.23 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Cr (net margin -41.4%) and EBITDA of ₹2.34 Cr (EBITDA margin 72.4%). Revenue has grown at a compounded annual rate (CAGR) of 186% over three years.
As per MCA filings, the company has open charges of ₹28.5 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending.
MB Green Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0039869).
Company details
Recognitions & Rankings of MB Green Energy
Contact details
MB Green Energy Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No 8 – 2 – 293/174/A/26 Second Floor Road No.14 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of MB Green Energy 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 MB Green Energy 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 MB Green Energy Private Limited, buy the company report.
Financials of MB Green Energy Private Limited
FY 2024 filings availableMB Green Energy Private Limited reported revenue of ₹3.23 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 186% over three years, including 24% growth in the latest year. EBITDA rose 15% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.34 Cr | ||||
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| Net Profit (PAT) | -₹1.34 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 72.4% | ||||
| Net Profit Margin | -41.4% | ||||
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To see the full financial statements and ratios of MB Green Energy Private Limited, buy the company report.
Board of directors of MB Green Energy Private Limited
MB Green Energy has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Somani Also directs: Mb-Solar & Ejm LLP, MB Renewable Energy Private Limited, Ghanaram Power Projects Private Limited and 5 more | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Bijay Kumar Mandhani Also directs: Ghanaram Power Projects Private Limited, Maheswari Mining & Energy Private Limited, Buildbrick Builders LLP and 5 more | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
MB Green Energy Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Green Energy, Solar 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 |
|---|---|---|---|---|---|---|
| Azure Power (Gujrat) Private Limited | ₹3.27 Cr (FY 2025) | -58.0% | Dasada, Gujarat, India | |||
| Pinnacle Renewable Energy Private Limited | ₹3.26 Cr (FY 2025) | 7.0% | Delhi, India | |||
| MB Green Energy Private Limitedthis company | ₹3.23 Cr (FY 2024) | -₹1.34 Cr | -41.4% | 24.0% | Hyderabad, Telangana, India | |
| N T Power Projects ( India ) Private Limited | ₹3.22 Cr (FY 2024) | 5.0% | Hyderabad, Telangana, India | |||
| Addin Power Limited | ₹3.22 Cr (FY 2019) | -45.0% | Ahmedabad, Gujarat, India | |||
| Luxra Solar India Private Limited | ₹3.21 Cr (FY 2025) | -38.0% | Pune, Maharashtra, India |
To see the full peer comparison of MB Green Energy Private Limited, buy the company report.
Auditor
MB Green Energy Private Limited is audited by MS AGARWAL & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MS AGARWAL & CO | FY 2023 | 010655S |
Shareholding
The shareholding of MB Green Energy Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of MB Green Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Jul 2021 | 100460158 | State Bank of India | ₹28.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
MB Green Energy Private Limited has 5 court cases on record: 2 filed by MB Green Energy, 3 filed against it. 1 case is pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 3 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed by the company against Enerture Technologies Pvt Ltd, Rep by Bairaw Kumal Manda and 2 others | Pending |
| High Court, TELANGANA | Revision petition | Filed against the company by M/S. Enerture Technologies Private Limited | Disposed |
| High Court, TELANGANA | Court case (CRLP) | Filed against the company by M/S Enerture Technologies Private Limited and 1 other | Disposed |
| High Court, TELANGANA | Arbitration matter | Filed by the company against Enerture Technologies Private Limited | Disposed |
| High Court, TELANGANA | Court case (CRLP) | Filed against the company by an individual | Disposed |
To see the full case history of MB Green Energy 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
MB Green Energy Private Limited was last rated by Icra on 18 Oct 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 18 Oct 2021 |
To see the full credit ratings and regulatory alerts of MB Green Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MB Green Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MB Green Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANCM1737G1ZC | Telangana | Active | 11 Mar 2020 |
To see the full GST registrations and return filing status of MB Green Energy Private Limited, buy the company report.
Recent activity
MB Green Energy Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bijay Kumar Mandhani was appointed as Director on 20 Dec 2019.
Frequently asked questions
MB Green Energy is an active private limited company based in Hyderabad, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 20 December 2019 (7+ years old) and is registered under CIN U40105TG2019PTC137772.
MB Green Energy has 2 current directors:
- Deepak Somani - Director
- Bijay Kumar Mandhani - Director
The latest financial statements of MB Green Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of MB Green Energy is 36AANCM1737G1ZC, registered in Telangana.
The CIN (Corporate Identification Number) of MB Green Energy is U40105TG2019PTC137772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MB Green Energy has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
MB Green Energy was incorporated on 20 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of MB Green Energy by revenue are Azure Power (Gujrat) Private Limited, Pinnacle Renewable Energy Private Limited, N T Power Projects ( India ) Private Limited, Addin Power Limited, Luxra Solar India Private Limited, all in the Cleantech industry (Green Energy, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Bijay Kumar Mandhani was appointed as Director on 20 Dec 2019. Deepak Somani was appointed as Director on 20 Dec 2019.
Yes, MB Green Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-TS-02-0039869).
The registered office of MB Green Energy is at H.No 8 – 2 – 293174A26 Second Floor Road No.14 Banjara Hills, Hyderabad, Telangana, India – 500034.

