MGM Green Energy Limited - energy in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U40108OR2012PLC015163 Incorporated 28 March 2012 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Public Limited Company energy MSME · Small
Data last updated
Revenue · FY 2025
₹19.7 Cr
▲ 127% YoY
Net profit · FY 2025
₹8.53 Cr
Net margin 43.3%
EBITDA · FY 2025
₹12.39 Cr
EBITDA margin 62.9%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹92.24 Lakh
Issued & subscribed
Open charges
₹2.35 Cr
Secured borrowings
Company age
14 yrs
Est. 2012
Employees · EPFO
31
Provident fund records

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

CIN U40108OR2012PLC015163
Registration Number 015163
Incorporation Date 28 March 2012
ROC Cuttack
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 Small
Udyam Registration UDYAM-OD-19-0004467

Recognitions & Rankings of MGM Green Energy

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-OD-19-0004467

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 Address
    5 A Forest Park, Bhubaneswar, Odisha, India – 751009
  • Industry
    Energy, Electric Power Generation, Transmission And Distribution

To see the full contact details of MGM Green Energy Limited, buy the company report.

Comprehensive company report
MGM Green Energy 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 MGM Green 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 MGM Green Energy Limited, buy the company report.

Financials of MGM Green Energy Limited

FY 2025 filings available

MGM Green Energy Limited reported revenue of ₹19.7 Cr (up 127% YoY) for FY 2025.

Revenue · FY 2025
₹19.7 Cr ▲ 127%
Net profit · FY 2025
₹8.53 Cr margin 43.3%
EBITDA · FY 2025
₹12.39 Cr margin 62.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 127%
3 years · compounded
▲ 28%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 399%
3 years · compounded
▲ 39%
5 years · compounded
▼ 8%

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

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₹12.39 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹8.53 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 Margin62.9%
Net Profit Margin43.3%
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 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.

Current Directors
NameDesignationAppointment DateTenureStatus
Amulyadhan RoutDirector10 Nov 20223 Years 11 MonthsCurrent
Tanuj MohantyDirector10 Nov 20223 Years 11 MonthsCurrent
Meenoti MohantyDirector28 Mar 201214 Years 7 MonthsCurrent
Rajib Lochan MohantyDirector28 Mar 201214 Years 7 MonthsCurrent

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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
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 Cr43.3%127.0%31Bhubaneswar, 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 firmFinancial yearFirm registration number
A.K. SABAT & CO.FY 2023321012E

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 categoryFY 2023FY 2022FY 2021FY 2019FY 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

Open charges
₹2.35 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹2.35 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
16 Feb 2024100907829Hdfc Bank Limited₹2.35 CrOpen

Total charge records: 1 View all charges

Credit ratings & regulatory alerts

MGM Green Energy Limited was last rated by Crisil on 18 Feb 2020.

Rating agencyRated onRating
Crisil18 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.

2
Associated companies

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.

Employee count
31
Active EPFO establishments
1
Employee growth
29.17%

GST

MGM Green Energy has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
21AAHCM8472C2ZMOdishaActive25 Aug 2017
33AAHCM8472C1ZITamil NaduActive01 Jul 2017
08AAHCM8472C1ZBRajasthanActive03 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.

AGM
Mgm Green Energy Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mgm Green Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.35 Cr with Charge ID 100907829 was registered on 16 Feb 2024.
Ceased
Amulyadhan Rout ceased to be Additional Director.
Ceased
Tanuj Mohanty ceased to be Additional Director.
Appointed
Amulyadhan Rout was appointed as Director.
Appointed
Tanuj Mohanty was appointed as Director.
Ceased
Rajib Lochan Mohanty ceased to be Director.
Ceased
Padma Lochan Mohanty ceased to be Director.
Ceased
Pankaj Lochan Mohanty ceased to be Director.
Ceased
Sabita Mohanty ceased to be Director.
Ceased
Seema Mohanty ceased to be Director.

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:

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.