About MH Parbhani Power Private Limited
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MH Parbhani Power Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Essel Green Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 11 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2016PTC287614. Its GSTIN is 27AAKCM6626K1ZZ (Maharashtra).
The company has an authorised share capital of ₹40.6 Cr and a paid-up capital of ₹40.6 Cr. It is led by directors including Vivek Shrivastava (Whole-Time Director) and Abhijeet Bhattacharya.
Its last annual general meeting (AGM) was held on 12 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 5th Floor B – 517 Kanakia Zillion, Lbs Marg Kurla (W) Mumbai, Maharashtra, India – 400070.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.08 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹9.52 Cr (net margin -31.6%) and EBITDA of ₹25.91 Cr (EBITDA margin 86.1%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹165.86 Cr and satisfied charges of ₹364.7 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹26.02 Cr; the latest was in December 2021. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Azure Sunshine Private Limited with revenue of ₹30.78 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esselenergy.com.
Company details
Contact details
MH Parbhani Power Private Limited's registered office is in Mumbai, Maharashtra. Its website is esselenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5th Floor B – 517 Kanakia Zillion, Lbs Marg Kurla (W) Mumbai, Maharashtra, India – 400070
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of MH Parbhani Power 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 MH Parbhani Power 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 MH Parbhani Power Private Limited, buy the company report.
Financials of MH Parbhani Power Private Limited
FY 2025 filings availableMH Parbhani Power Private Limited reported revenue of ₹30.08 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 14% growth in the latest year. EBITDA rose 33% 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 | ₹25.91 Cr | ||||
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| Net Profit (PAT) | -₹9.52 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 | 86.1% | ||||
| Net Profit Margin | -31.6% | ||||
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To see the full financial statements and ratios of MH Parbhani Power Private Limited, buy the company report.
Board of directors and KMP of MH Parbhani Power Private Limited
MH Parbhani Power Private Limited currently reports 3 directors and 2 key managerial personnel. 18 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Jaysinh Bhatia Also directs: Dakshin Odisha Urja Private Limited | Cfo | 15 Jan 2024 | 2 Years 9 Months | Current |
| Abhijeet Bhattacharya Also directs: Dakshin Odisha Urja Private Limited, Flexirural Urja Jalgaon Limited, Up Koraun Urja Private Limited and 5 more | Director | 21 Jul 2023 | 3 Years 3 Months | Current |
| Saurabh Singh Also directs: Dakshin Odisha Urja Private Limited, Flexirural Urja Jalgaon Limited, Up Koraun Urja Private Limited and 5 more | Director | 21 Jul 2023 | 3 Years 3 Months | Current |
| Vivek Shrivastava Also directs: Dakshin Odisha Urja Private Limited, Pushne Power Private Limited, Pushne Urja Private Limited and 5 more | Whole-Time Director | 21 Jul 2023 | 3 Years 3 Months | Current |
| Ritu Anil Rai Also directs: Pageturn Digital Private Limited | Company Secretary | 27 Jun 2024 | 2 Years 3 Months | Current |
Peer comparison
MH Parbhani Power Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (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 Sunshine Private Limited | ₹30.78 Cr (FY 2025) | 13.0% | New Delhi, Delhi, India | |||
| Clean Solar Power (Dhar) Private Limited | ₹30.35 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| JSW Advaith Power Private Limited | ₹30.09 Cr (FY 2025) | -13.0% | Hyderabad, Telangana, India | |||
| MH Parbhani Power Private Limitedthis company | ₹30.08 Cr (FY 2025) | -₹9.52 Cr | -31.6% | 14.0% | Mumbai, Maharashtra, India | |
| Azure Power ( Haryana ) Private Limited | ₹29.97 Cr (FY 2025) | 9.0% | New Delhi, Delhi, India | |||
| Green Infra Solar Power Projects Limited | ₹29.94 Cr (FY 2025) | 102.0% | Gurgaon, Haryana, India | |||
| Paryapt Solar Energy Private Limited | ₹29.63 Cr (FY 2024) | 0.0% | Gurgaon, Haryana, India | |||
| Vento Power Projects Private Limited | ₹29.59 Cr (FY 2025) | 79.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of MH Parbhani Power Private Limited, buy the company report.
Auditor
MH Parbhani Power Private Limited is audited by Phulwani & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phulwani & Co. | FY 2023 |
Shareholding
The shareholding of MH Parbhani Power 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of MH Parbhani Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Apr 2024 | 100901371 | Others | ₹165.86 Cr | Open | |
| 27 Jun 2023 | 100750837 | Others | ₹166.7 Cr | Satisfied | |
| 17 Jul 2017 | 100111602 | Others | ₹198 Cr | Satisfied |
To see the full charge records of MH Parbhani Power Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
MH Parbhani Power Private Limited has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹26.02 Cr; the latest was in December 2021.
Deals on record (2 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2017 | Acquisition | ₹67.17 Cr | Buyer: Essel Green Energy Private Limited |
| Nov 2016 | Acquisition | ₹14 Cr | Buyer: Essel Green Energy Private Limited |
To see the full deal history of MH Parbhani Power Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MH Parbhani Power Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Parbhani, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Parbhani, Maharashtra | Court case (M.C.A.) | Filed against the company by an individual | Disposed |
To see the full case history of MH Parbhani Power 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
MH Parbhani Power Private Limited was last rated by Care on 04 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 04 Mar 2022 |
To see the full credit ratings and regulatory alerts of MH Parbhani Power Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for MH Parbhani Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
MH Parbhani Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCM6626K1ZZ | Maharashtra | Active | 01 Sep 2017 |
To see the full GST registrations and return filing status of MH Parbhani Power Private Limited, buy the company report.
Recent activity
MH Parbhani Power Private Limited has 23 board changes on record since 2016: 5 appointments and 18 cessations. The latest: Ritu Anil Rai was appointed as Company Secretary on 27 Jun 2024.
21 earlier events are in the company report.
Frequently asked questions
MH Parbhani Power is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 11 November 2016 (10+ years old) and is registered under CIN U40100MH2016PTC287614.
MH Parbhani Power has 5 current directors and KMP:
- Vivek Shrivastava - Whole-Time Director
- Abhijeet Bhattacharya - Director
- Saurabh Singh - Director
- Rajiv Jaysinh Bhatia - Cfo
- Ritu Anil Rai - Company Secretary
The latest financial statements of MH Parbhani Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 12 August 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of MH Parbhani Power is 27AAKCM6626K1ZZ, registered in Maharashtra.
The CIN (Corporate Identification Number) of MH Parbhani Power is U40100MH2016PTC287614. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MH Parbhani Power has 2 court cases on record: 2 filed against it. 1 is pending.
MH Parbhani Power was incorporated on 11 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
MH Parbhani Power has 3 deals on record (2 acquisitions, 1 convertible or debt financing), with disclosed funding of ₹26.02 Cr; the latest was in December 2021.
The peers of MH Parbhani Power by revenue are Azure Sunshine Private Limited, Clean Solar Power (Dhar) Private Limited, JSW Advaith Power Private Limited, Azure Power ( Haryana ) Private Limited, Green Infra Solar Power Projects Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ritu Anil Rai was appointed as Company Secretary on 27 Jun 2024. Mona Kaushik ceased to be Company Secretary on 02 Jun 2024. Rajiv Jaysinh Bhatia was appointed as CFO on 15 Jan 2024. MH Parbhani Power has 23 board changes on record in total.
MH Parbhani Power can be reached through the website esselenergy.com. Its registered office is in Mumbai, Maharashtra, India.