MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2020-21)
- Udyam number
- UDYAM-KL-10-0002362
Minar Renewable Energy Projects Private Limited - energy and power in Kozhikode, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.54 Cr
▲ 16% YoY
Net profit · FY 2025
₹95.7 Lakh
Net margin 11.2%
EBITDA · FY 2025
₹7.44 Cr
EBITDA margin 87.2%
Authorised capital
₹16.5 Cr
Registered with MCA
Paid-up capital
₹16.47 Cr
Issued & subscribed
Open charges
₹50.39 Cr
Satisfied ₹5.4 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
12
Provident fund records
About Minar Renewable Energy Projects Private Limited
Data last updated:
Minar Renewable Energy Projects Private Limited is a private limited company based in Kozhikode, Kerala, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 08 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U40108KL2013PTC033269. Its GSTIN is 32AAJCM4029P1Z6 (Kerala).
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹16.47 Cr. It is led by directors including Mohammed Shafi (Managing Director) and Thekke Madantavide Ahammed Koya.
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 8/225 – A Mundoor Po Kodenchery, Kozhikode, Kerala, India – 673580.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.54 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹95.7 Lakh (net margin 11.2%) and EBITDA of ₹7.44 Cr (EBITDA margin 87.2%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 123% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Minargroup. As per MCA filings, the company has open charges of ₹50.39 Cr and satisfied charges of ₹5.4 Cr on record.
Minar Renewable Energy Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-10-0002362). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website minargroup.in.
Company details
CIN U40108KL2013PTC033269
Registration Number 033269
Incorporation Date 08 February 2013
ROC Ernakulam
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 Medium
Udyam Registration UDYAM-KL-10-0002362
Key People
Mohammed Shafi Managing Director Thekke Madantavide Ahammed Koya Director Mohamed Haneefa Anappuram Nominee Director Recognitions & Rankings of Minar Renewable Energy Projects
Contact details
Minar Renewable Energy Projects Private Limited's registered office is in Kozhikode, Kerala. Its website is minargroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address8/225 – A Mundoor Po Kodenchery, Kozhikode, Kerala, India – 673580
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Minar Renewable Energy Projects Private Limited, buy the company report.
Comprehensive company report
Minar Renewable Energy Projects 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
Minar Renewable Energy Projects operates one associated brand: Minargroup. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| minargroup.in |
Business activity
The main business activity of Minar Renewable Energy Projects 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 Minar Renewable Energy Projects Private Limited, buy the company report.
Financials of Minar Renewable Energy Projects Private Limited
FY 2025 filings availableMinar Renewable Energy Projects Private Limited reported revenue of ₹8.54 Cr (up 16% YoY) for FY 2025.
Revenue · FY 2025
₹8.54 Cr ▲ 16%
Net profit · FY 2025
₹95.7 Lakh margin 11.2%
EBITDA · FY 2025
₹7.44 Cr margin 87.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 16%
3 years · compounded
▼ 2%
5 years · compounded
▲ 123%
EBITDA CAGR growth
1 year
▼ 24%
3 years · compounded
▼ 1%
5 years · compounded
▲ 43%
Revenue has grown at a compounded annual rate (CAGR) of 123% over five years, including 16% growth in the latest year. EBITDA fell 24% 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 | ₹7.44 Cr | ||||
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| Net Profit (PAT) | ₹95.7 Lakh | ||||
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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 | 87.2% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Minar Renewable Energy Projects Private Limited, buy the company report.
Board of directors of Minar Renewable Energy Projects Private Limited
Minar Renewable Energy Projects has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thekke Madantavide Ahammed Koya | Director | 31 Jul 2014 | 12 Years 2 Months | Current |
| Mohamed Haneefa Anappuram Also directs: Minar Castings Private Limited | Nominee Director | 08 Feb 2013 | 13 Years 8 Months | Current |
| Kadheeja Punthanveettil Thachalath | Nominee Director | 08 Feb 2013 | 13 Years 8 Months | Current |
| Mohammed Shafi Also directs: Minar Alloys and Forgings Private Limited, Minar Castings Private Limited, Minar Green Power Projects LLP and 5 more | Managing Director | 08 Feb 2013 | 13 Years 8 Months | Current |
| Mohammed Shafeeq Anappuram Also directs: Minar Castings Private Limited, Minar Green Power Projects LLP, Palakkad Indoply Private Limited and 5 more | Nominee Director | 08 Feb 2013 | 13 Years 8 Months | Current |
Peer comparison
Minar Renewable Energy Projects Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Renewable Energy), 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 |
|---|---|---|---|---|---|---|
| Vayushakti Renewable Energy Private Limited | ₹8.86 Cr (FY 2025) | 5.0% | Bangalore, Karnataka, India | |||
| Dde Renewable Energy Private Limited | ₹8.73 Cr (FY 2025) | 7.0% | Rajasthan, India | |||
| Sahyadri Renewable Energy Private Limited | ₹8.55 Cr (FY 2024) | 27.0% | Mumbai, Maharashtra, India | |||
| Swelect Renewable Energy Private Limited | ₹8.55 Cr (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| Minar Renewable Energy Projects Private Limitedthis company | ₹8.54 Cr (FY 2025) | ₹95.7 Lakh | 11.2% | 16.0% | 12 | Kozhikode, Kerala, India |
| Soham Phalguni Renewable Energy Private Limited | ₹7.6 Cr (FY 2025) | 15.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Minar Renewable Energy Projects Private Limited, buy the company report.
Auditor
Minar Renewable Energy Projects Private Limited is audited by SIVADAS C & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVADAS C & CO | FY 2023 | 011823S |
Shareholding
The shareholding of Minar Renewable Energy Projects 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 Minar Renewable Energy Projects Private Limited, buy the company report.
Charges & borrowings
Open charges
₹50.39 Cr
Satisfied charges
₹5.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2025 | 101214206 | City Union Bank Limited | ₹45,000 | Open | |
| 05 Jan 2021 | 100417115 | Hdfc Bank Limited | ₹10.9 Cr | Open | |
| 15 Jan 2016 | 10625647 | Others | ₹39.49 Cr | Open | |
| 26 Feb 2016 | 10628327 | City Union Bank Limited | ₹5.4 Cr | Satisfied |
To see the full charge records of Minar Renewable Energy Projects Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Minar Renewable Energy Projects 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 Minar Renewable Energy Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Minar Renewable Energy Projects Private Limited has a workforce of 12 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
12
Active EPFO establishments
1
Employee growth
-7.69%
GST
Minar Renewable Energy Projects has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AAJCM4029P1Z6 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Minar Renewable Energy Projects Private Limited, buy the company report.
Recent activity
Minar Renewable Energy Projects Private Limited has 5 board changes on record since 2013: 5 appointments. The latest: Thekke Madantavide Ahammed Koya was appointed as Director on 31 Jul 2014.
Charges
A charge with City Union Bank Limited amounted to Rs. 0.00 Cr with Charge ID 101214206 was registered on 02 Dec 2025.
AGM
Minar Renewable Energy Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Minar Renewable Energy Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ernakulam.
Charges
A charge with Hdfc Bank Limited of Rs. 10.90 Cr registered on 05 Jan 2021 with Charge ID 100417115 was modified on 18 Apr 2022.
Charges
A charge with Others of Rs. 39.49 Cr registered on 15 Jan 2016 with Charge ID 10625647 was modified on 20 Sep 2021.
Charges
A charge registered on 26 Feb 2016 via Charge ID 10628327 with City Union Bank Limited was fully satisfied on 08 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 10.90 Cr with Charge ID 100417115 was registered on 05 Jan 2021.
Charges
A charge with City Union Bank Limited amounted to Rs. 5.40 Cr with Charge ID 10628327 was registered on 26 Feb 2016.
Charges
A charge with Others amounted to Rs. 39.49 Cr with Charge ID 10625647 was registered on 15 Jan 2016.
Appointed
Thekke Madantavide Ahammed Koya was appointed as Director.
Appointed
Kadheeja Punthanveettil Thachalath was appointed as Nominee Director.
Appointed
Mohamed Haneefa Anappuram was appointed as Nominee Director.
3 earlier events are in the company report.
Frequently asked questions
Minar Renewable Energy Projects is an active private limited company based in Kozhikode, Kerala, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 08 February 2013 (13+ years old) and is registered under CIN U40108KL2013PTC033269.
Minar Renewable Energy Projects has 5 current directors:
- Mohammed Shafi - Managing Director
- Thekke Madantavide Ahammed Koya - Director
- Mohamed Haneefa Anappuram - Nominee Director
- Kadheeja Punthanveettil Thachalath - Nominee Director
- Mohammed Shafeeq Anappuram - Nominee Director
The latest financial statements of Minar Renewable Energy Projects 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 Minar Renewable Energy Projects is 32AAJCM4029P1Z6, registered in Kerala.
The CIN (Corporate Identification Number) of Minar Renewable Energy Projects is U40108KL2013PTC033269. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Minar Renewable Energy Projects was incorporated on 08 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Minar Renewable Energy Projects by revenue are Vayushakti Renewable Energy Private Limited, Dde Renewable Energy Private Limited, Sahyadri Renewable Energy Private Limited, Swelect Renewable Energy Private Limited, Soham Phalguni Renewable Energy Private Limited, all in the Cleantech industry (Renewable Energy), with the same principal business activity (electric power generation, transmission and distribution).
Thekke Madantavide Ahammed Koya was appointed as Director on 31 Jul 2014. Kadheeja Punthanveettil Thachalath was appointed as Nominee Director on 08 Feb 2013. Mohamed Haneefa Anappuram was appointed as Nominee Director on 08 Feb 2013. Minar Renewable Energy Projects has 5 board changes on record in total.
Yes, Minar Renewable Energy Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-KL-10-0002362).
Minar Renewable Energy Projects can be reached through the website minargroup.in. Its registered office is in Kozhikode, Kerala, India.
The registered office of Minar Renewable Energy Projects is at 8225 – A Mundoor Po Kodenchery, Kozhikode, Kerala, India – 673580.