- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0004467

MGM Green Energy Limited
About MGM Green Energy Limited
Data last updated:
MGM Green Energy Limited is a public limited company based in Bhubaneswar, Odisha, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 28 March 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U40108OR2012PLC015163. Its GSTIN is 21AAHCM8472C2ZM (Odisha). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹92.24 Lakh. It is led by directors including Amulyadhan Rout and Tanuj Mohanty.
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 5 A Forest Park, Bhubaneswar, Odisha, India – 751009.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.7 Cr, a growth of 127% compared to the previous year. For the same year it recorded a net profit of ₹8.53 Cr (net margin 43.3%) and EBITDA of ₹12.39 Cr (EBITDA margin 62.9%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years and 2% over five years.
The company has about 31 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.35 Cr on record.
MGM Green Energy Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0004467). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of MGM Green Energy
Contact details
MGM Green Energy Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address5 A Forest Park, Bhubaneswar, Odisha, India – 751009
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of MGM Green Energy 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 MGM 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 MGM Green Energy Limited, buy the company report.
Financials of MGM Green Energy Limited
FY 2025 filings availableMGM Green Energy Limited reported revenue of ₹19.7 Cr (up 127% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 127% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 399% 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 | ₹12.39 Cr | ||||
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| Net Profit (PAT) | ₹8.53 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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| Profitability | |||||
| EBITDA Margin | 62.9% | ||||
| Net Profit Margin | 43.3% | ||||
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To see the full financial statements and ratios of MGM Green Energy Limited, buy the company report.
Board of directors of MGM Green Energy Limited
MGM Green Energy has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amulyadhan Rout | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Tanuj Mohanty | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Meenoti Mohanty Also directs: MGM Agri-Ventures Private Limited, MGM Vision Laboratories Private Limited, Sun Alloys and Minerals Ltd. and 4 more | Director | 28 Mar 2012 | 14 Years 7 Months | Current |
| Rajib Lochan Mohanty | Director | 28 Mar 2012 | 14 Years 7 Months | Current |
Peer comparison
MGM Green Energy Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Green 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SRV Solar Urja Private Limited | ₹20.12 Cr (FY 2025) | 294.0% | Raipur, Chhattisgarh, India | |||
| Huoban Private Limited | ₹19.96 Cr (FY 2025) | 279.0% | Hyderabad, Telangana, India | |||
| Atria Power Corporation Private Limited | ₹19.77 Cr (FY 2024) | 10.0% | Bangalore, Karnataka, India | |||
| Palace Solar Energy Private Limited | ₹19.73 Cr (FY 2025) | -45.0% | Mumbai, Maharashtra, India | |||
| Vibrant Greentech India Private Limited | ₹19.7 Cr (FY 2025) | -39.0% | Hyderabad, Telangana, India | |||
| MGM Green Energy Limitedthis company | ₹19.7 Cr (FY 2025) | ₹8.53 Cr | 43.3% | 127.0% | 31 | Bhubaneswar, Odisha, India |
| PSPN Synergy Private Limited | ₹19.67 Cr (FY 2025) | 6.0% | Kanpur, Uttar Pradesh, India | |||
| Rwtipl Industries Private Limited | ₹19.61 Cr (FY 2025) | 9273.0% | Mumbai, Maharashtra, India | |||
| Shivalakha Solar Energy Private Limited | ₹19.56 Cr (FY 2024) | -15.0% | Hyderabad, Telangana, India | |||
| Adani Renewable Energy (Ka) Limited | ₹19.54 Cr (FY 2025) | 23.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of MGM Green Energy Limited, buy the company report.
Auditor
MGM Green Energy Limited is audited by A.K. SABAT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K. SABAT & CO. | FY 2023 | 321012E |
Shareholding
The shareholding of MGM Green Energy 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of MGM Green Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Feb 2024 | 100907829 | Hdfc Bank Limited | ₹2.35 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving MGM Green Energy Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
MGM Green Energy Limited was last rated by Crisil on 18 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 18 Feb 2020 |
To see the full credit ratings and regulatory alerts of MGM Green Energy Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MGM Green Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
MGM Green Energy has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
MGM Green Energy Limited has a workforce of 31 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
MGM Green Energy has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAHCM8472C2ZM | Odisha | Active | 25 Aug 2017 |
| 33AAHCM8472C1ZI | Tamil Nadu | Active | 01 Jul 2017 |
| 08AAHCM8472C1ZB | Rajasthan | Active | 03 Jan 2024 |
To see the full GST registrations and return filing status of MGM Green Energy Limited, buy the company report.
Recent activity
MGM Green Energy Limited has 13 board changes on record since 2012: 4 appointments and 9 cessations. The latest: Amulyadhan Rout ceased to be Additional Director on 28 Sep 2023.
5 earlier events are in the company report.
Frequently asked questions
MGM Green Energy is an active public limited company based in Bhubaneswar, Odisha, India. The company works in electric power generation, within the energy industry. It was incorporated on 28 March 2012 (14+ years old) and is registered under CIN U40108OR2012PLC015163.
MGM Green Energy has 4 current directors:
- Amulyadhan Rout - Director
- Tanuj Mohanty - Director
- Meenoti Mohanty - Director
- Rajib Lochan Mohanty - Director
The latest financial statements of MGM Green 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 2015 are in the company report.
The GSTIN of MGM Green Energy is 21AAHCM8472C2ZM, registered in Odisha. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAHCM8472C1ZI (Tamil Nadu), 08AAHCM8472C1ZB (Rajasthan).
The CIN (Corporate Identification Number) of MGM Green Energy is U40108OR2012PLC015163. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MGM Green Energy was incorporated on 28 March 2012, making it 14+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of MGM Green Energy by revenue are SRV Solar Urja Private Limited, Huoban Private Limited, Atria Power Corporation Private Limited, Palace Solar Energy Private Limited, Vibrant Greentech India Private Limited and 4 more, all in the Cleantech industry (Green Energy, Solar Power, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Amulyadhan Rout ceased to be Additional Director on 28 Sep 2023. Tanuj Mohanty ceased to be Additional Director on 28 Sep 2023. Amulyadhan Rout was appointed as Director on 10 Nov 2022. MGM Green Energy has 13 board changes on record in total.
Yes, MGM Green Energy is registered as a small enterprise under Udyam registration (number: UDYAM-OD-19-0004467).
The registered office of MGM Green Energy is at 5 A Forest Park, Bhubaneswar, Odisha, India – 751009.
MGM Green Energy operates in the energy industry, in the electric power generation segment.

