Startup India Government of India
Midwest Energy Private Limited - information technology in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹2.58 Cr
▲ 19765% YoY
Net loss · FY 2025
₹6.5 Cr
Net margin -251.7%
EBITDA · FY 2025
-₹3.07 Cr
EBITDA margin -119%
Authorised capital
₹63 Cr
Registered with MCA
Paid-up capital
₹61.89 Cr
Issued & subscribed
Open charges
₹53.68 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
39
Provident fund records
About Midwest Energy Private Limited
Data last updated:
Midwest Energy Private Limited is a private limited company based in Hyderabad, Telangana, India, recognised as a startup by DPIIT. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40200TG2018PTC126847. Its GSTIN is 36AAMCM0863E1ZG (Telangana).
The company has an authorised share capital of ₹63 Cr and a paid-up capital of ₹61.89 Cr. It is led by directors including Saseedaran Kumaran (Whole-Time Director) and Kukreti Soumya.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 8 – 2 – 696 & 697 Flat No.2 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.58 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹6.5 Cr (net margin -251.7%) and EBITDA of -₹3.07 Cr (EBITDA margin -119%). Revenue has grown at a compounded annual rate (CAGR) of 578% over three years.
The company has about 39 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Midwest Energy. As per MCA filings, the company has open charges of ₹53.68 Cr on record. The company has 5 deals on record (4 acquisitions, 1 funding round), with disclosed funding of ₹10.85 Cr; the latest was in November 2021. Its 4 peer companies in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi-trailers and other transport vehicles) are compared by revenue, 2 larger and 2 smaller; the largest is Agarwal E.Vehicles Private Limited with revenue of ₹2.64 Cr.
Midwest Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0019516). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website midwestenergy.in.
Company details
CIN U40200TG2018PTC126847
Registration Number 126847
Incorporation Date 13 September 2018
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0019516
Key People
Saseedaran Kumaran Whole-Time Director Kukreti Soumya Director Kothamasu Sri Surya Pratap Additional Director Recognitions & Rankings of Midwest Energy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0019516
Contact details
Midwest Energy Private Limited's registered office is in Hyderabad, Telangana. Its website is midwestenergy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8 – 2 – 696 & 697 Flat No.2 Road No.12 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Midwest Energy Private Limited, buy the company report.
Comprehensive company report
Midwest Energy Private 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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Brands
Midwest Energy operates one associated brand: Midwest Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Battery solutions and energy storage systems for electric vehicles and sustainable applications in India. | midwestenergy.in |
Financials of Midwest Energy Private Limited
FY 2025 filings availableMidwest Energy Private Limited reported revenue of ₹2.58 Cr (up 19765% YoY) for FY 2025.
Revenue · FY 2025
₹2.58 Cr ▲ 19765%
Net loss · FY 2025
₹6.5 Cr margin -251.7%
EBITDA · FY 2025
-₹3.07 Cr margin -119%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 578%
EBITDA CAGR growth
1 year
▼ 856%
3 years · compounded
▲ 12%
5 years · compounded
▼ 56%
Revenue has grown at a compounded annual rate (CAGR) of 578% over three years. EBITDA fell 856% 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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| Total Expenses | |||||
| EBITDA | -₹3.07 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -119% | ||||
| Net Profit Margin | -251.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Midwest Energy Private Limited, buy the company report.
Board of directors of Midwest Energy Private Limited
Midwest Energy has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kukreti Soumya | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Kothamasu Sri Surya Pratap | Additional Director | 11 Apr 2025 | 1 Years 6 Months | Current |
| Saseedaran Kumaran | Whole-Time Director | 02 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
Midwest Energy Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi-trailers and other transport vehicles), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agarwal E.Vehicles Private Limited | ₹2.64 Cr (FY 2024) | -33.0% | Gangarampur, West Bengal, India | |||
| Crayon Motors EV Private Limited | ₹2.63 Cr (FY 2025) | -33.0% | Delhi, India | |||
| Midwest Energy Private Limitedthis company | ₹2.58 Cr (FY 2025) | -₹6.5 Cr | -251.7% | 19765.0% | 39 | Hyderabad, Telangana, India |
| Vakra Tundaya Namaha Private Limited | ₹2.56 Cr (FY 2024) | 1541.0% | Kolkata, West Bengal, India | |||
| Zesar Motors Private Limited | ₹2.54 Cr (FY 2025) | 140.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Midwest Energy Private Limited, buy the company report.
Auditor
Midwest Energy Private Limited is audited by B SrinivasaRao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B SrinivasaRao & Co | FY 2023 | 008763S |
Shareholding
The shareholding of Midwest Energy 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Midwest Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹53.68 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Sep 2025 | 101155720 | Canara Bank | ₹53.5 Cr | Open | |
| 24 Jun 2025 | 101155808 | Hdfc Bank Limited | ₹18.45 Lakh | Open |
Total charge records: 2 View all charges
Deals & funding
Midwest Energy Private Limited has 5 deals on record (4 acquisitions, 1 funding round), with disclosed funding of ₹10.85 Cr; the latest was in November 2021.
Total deals
5
Acquisitions
4
Funding round
1
Disclosed funding
₹10.85 Cr
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Acquisition | ₹2.2 Cr | Buyer: Midwest Limited |
| Nov 2019 | Acquisition | ₹19 Lakh | Buyer: Midwest Limited |
| Mar 2019 | Acquisition | ₹8 Lakh | Buyer: Midwest Limited |
To see the full deal history of Midwest Energy 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
No court or tribunal cases involving Midwest Energy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Midwest Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Midwest Energy has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Midwest Beyonder India Private Limited | U74999TG2021PTC156454 |
To see the full group structure of Midwest Energy Private Limited, buy the company report.
Employees & EPFO
Midwest Energy Private Limited has a workforce of 39 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
39
Active EPFO establishments
1
Employee growth
5.41%
GST
Midwest Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAMCM0863E1ZG | Telangana | Active | 23 May 2019 |
To see the full GST registrations and return filing status of Midwest Energy Private Limited, buy the company report.
Recent activity
Midwest Energy Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Kothamasu Sri Surya Pratap was appointed as Additional Director on 11 Apr 2025.
AGM
Midwest Energy Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Canara Bank amounted to Rs. 53.50 Cr with Charge ID 101155720 was registered on 01 Sep 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101155808 was registered on 24 Jun 2025.
Appointed
Kothamasu Sri Surya Pratap was appointed as Additional Director.
Appointed
Palepu Ramakrishna Venkatachala was appointed as CFO.
Filing
Midwest Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Ceased
Saseedaran Kumaran ceased to be Additional Director.
Ceased
Kollareddy Ramachandra ceased to be Director.
Appointed
Saseedaran Kumaran was appointed as Whole-Time Director.
Appointed
Kukreti Soumya was appointed as Director.
Incorporation
13 Sep 2018
Midwest Energy Private Limited was registered on 13 Sep 2018 with Roc Hyderabad & aged 8 years 1 month as per MCA records.
News
Frequently asked questions
Midwest Energy is an active private limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 September 2018 (8+ years old) and is registered under CIN U40200TG2018PTC126847.
Midwest Energy has 3 current directors:
- Saseedaran Kumaran - Whole-Time Director
- Kukreti Soumya - Director
- Kothamasu Sri Surya Pratap - Additional Director
The latest financial statements of Midwest Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Midwest Energy is 36AAMCM0863E1ZG, registered in Telangana.
The CIN (Corporate Identification Number) of Midwest Energy is U40200TG2018PTC126847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Midwest Energy was incorporated on 13 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Hyderabad.
Midwest Energy has 5 deals on record (4 acquisitions, 1 funding round), with disclosed funding of ₹10.85 Cr; the latest was in November 2021.
The peers of Midwest Energy by revenue are Agarwal E.Vehicles Private Limited, Crayon Motors EV Private Limited, Vakra Tundaya Namaha Private Limited, Zesar Motors Private Limited, all in the Automobiles industry (Electric and Bio Fuel Vehicles), with the same principal business activity (motor vehicles, trailers, semi-trailers and other transport vehicles).
Kothamasu Sri Surya Pratap was appointed as Additional Director on 11 Apr 2025. Palepu Ramakrishna Venkatachala was appointed as CFO on 11 Apr 2025. Saseedaran Kumaran ceased to be Additional Director on 16 Mar 2025. Midwest Energy has 6 board changes on record in total.
Yes, Midwest Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Midwest Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0019516).
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