About Pioneer Genco Limited
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Pioneer Genco Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 19 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40109TG2001PLC038231. Its GSTIN is 29AACCP9218Q1ZM (Karnataka).
The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹40.2 Cr. It is led by directors including Deepthi Reddy Puttam Reddy (Managing Director) and Raj Kumar Singh.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H.No.8 – 2 – 268/A/1/S & S1 Plot No.705 Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2025, the company reported a revenue of ₹51.89 Cr, a growth of 78% compared to the previous year. For the same year it recorded a net profit of ₹6.79 Cr (net margin 13.1%) and EBITDA of ₹43.06 Cr (EBITDA margin 83%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 4% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1,175 Cr and satisfied charges of ₹1,908.85 Cr on record. Court records list 19 cases involving the company, including 6 filed by the company and 13 filed against it; 7 cases are pending. The company has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹134.1 Cr; the latest was in March 2021. Its 9 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 4 smaller; the largest is Ambuthirtha Power Private Limited with revenue of ₹65.83 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 pioneergenco.com.
Company details
CIN history
Pioneer Genco has one previous CIN (Corporate Identification Number): U40109AP2001PLC038231. The current CIN is U40109TG2001PLC038231, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109TG2001PLC038231 | Current |
| U40109AP2001PLC038231 | Previous |
Contact details
Pioneer Genco Limited's registered office is in Hyderabad, Telangana. Its website is pioneergenco.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH.No.8 – 2 – 268/A/1/S & S1 Plot No.705 Road No.3 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryEnvironment, Hydroelectric Power Solutions
To see the full contact details of Pioneer Genco 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 Pioneer Genco 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 Pioneer Genco Limited, buy the company report.
Financials of Pioneer Genco Limited
FY 2025 filings availablePioneer Genco Limited reported revenue of ₹51.89 Cr (up 78% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 78% growth in the latest year. EBITDA rose 93% 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 | ₹43.06 Cr | ||||
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| Net Profit (PAT) | ₹6.79 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 | 83% | ||||
| Net Profit Margin | 13.1% | ||||
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To see the full financial statements and ratios of Pioneer Genco Limited, buy the company report.
Board of directors of Pioneer Genco Limited
Pioneer Genco has 6 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raj Kumar Singh Also directs: Pcil Power and Holdings Limited, Om Hydropower Limited, Pioneer Holiday Resorts Limited and 5 more | Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Venugopal Reddy Petluru Also directs: Lakshmi Sea Foods Limited, Pcil Power and Holdings Limited, Pioneer Power Limited and 3 more | Director | 30 Apr 2025 | 1 Years 6 Months | Current |
| Ramesh Reddy Puttamreddy | Director | 14 Jul 2003 | 23 Years 3 Months | Current |
| Lakshmi Dabbara Kantham Also directs: P R Cement Holdiings Limited, Marwar Cement Limited, Penna Enterprises Limited and 1 more | Director | 28 Mar 2025 | 1 Years 7 Months | Current |
| Sanka Ganapathi Rao Also directs: Anrak Seaportss Limited | Director | 20 Jun 2025 | 1 Years 4 Months | Current |
| Deepthi Reddy Puttam Reddy Also directs: Pioneer Holiday Resorts Limited, Pioneer Builderrs Limited, Luxe Coffee Collective Private Limited and 4 more | Managing Director | 08 Jul 2009 | 17 Years 4 Months | Current |
Peer comparison
Pioneer Genco Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Hydro 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 |
|---|---|---|---|---|---|---|
| Ambuthirtha Power Private Limited | ₹65.83 Cr (FY 2023) | 13.0% | Thane, Maharashtra, India | |||
| Pioneer Power Corporation Limited | ₹64.88 Cr (FY 2025) | 60.0% | Hyderabad, Telangana, India | |||
| Soham Infrastructure Private Limited | ₹63.24 Cr (FY 2025) | 5.0% | Thane, Maharashtra, India | |||
| Ia Hydro Energy Private Limited | ₹60.34 Cr (FY 2024) | -62.0% | Shimla, Himachal Pradesh, India | |||
| Kundan Hydro (Gangtok) Private Limited | ₹59.28 Cr (FY 2025) | -21.0% | New Delhi, Delhi, India | |||
| Pioneer Genco Limitedthis company | ₹51.89 Cr (FY 2025) | ₹6.79 Cr | 13.1% | 78.0% | 25 | Hyderabad, Telangana, India |
| Kanchanjunga Power Company Private Limited | ₹50.95 Cr (FY 2025) | 2.0% | Delhi, India | |||
| Tidong Power Generation Private Limited | ₹45.93 Cr (FY 2025) | 24.0% | Shimla, Himachal Pradesh, India | |||
| Baitarani Power Project Private Limited | ₹44.58 Cr (FY 2025) | -2.0% | Santoshpur, Odisha, India | |||
| Energy Development Company Limited | ₹42.04 Cr (FY 2023) | -8.0% | Kushalnagar, Karnataka, India |
To see the full peer comparison of Pioneer Genco Limited, buy the company report.
Auditor
Pioneer Genco Limited is audited by T MOHAN AND ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T MOHAN AND ASSOCIATES | FY 2022 | 012482S |
Shareholding
The shareholding of Pioneer Genco Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Pioneer Genco Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Sep 2023 | 100779379 | Others | ₹50 Cr | Open | |
| 09 Sep 2023 | 100785808 | Others | ₹50 Cr | Open | |
| 30 Jun 2023 | 100750220 | Others | ₹45 Cr | Open | |
| 22 Jun 2022 | 100589930 | Others | ₹400 Cr | Open | |
| 08 Jun 2022 | 100587882 | Others | ₹400 Cr | Open |
To see the full charge records of Pioneer Genco Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Pioneer Genco Limited has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹134.1 Cr; the latest was in March 2021.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2014 | Funding round | ₹10.22 Cr | Investors: Penna Global Investments FZ LLC |
| Mar 2012 | Funding round | ₹123.88 Cr | Investors: Penna Global Investments FZ LLC |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: Pioneer Builders, P R Estates Limited Seller: Ksk Trust Private Limited, Sriba Industtries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Pioneer Genco Limited has 19 court cases on record: 6 filed by Pioneer Genco, 13 filed against it. 7 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 8 | 6 |
| District courts | 5 | 5 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court for State of Telangana | Revision petition | Filed against the company by Pioneer Power Corporation Limited | Pending |
| High Court for State of Telangana | Court case (COMCA) | Filed against the company by Pcil Power and Holdings Limited | Pending |
| High Court for State of Telangana | Revision petition | Filed by the company against Pioneer Power Corporation Limited, and 10 others | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by M/S Pioneer Aluminium Industries Limited and 1 other | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against M/S B Soilmec India Pvt Ltd and 1 other | Disposed |
To see the full case history of Pioneer Genco 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
Pioneer Genco Limited was last rated by Indiarating on 09 Apr 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 09 Apr 2021 |
To see the full credit ratings and regulatory alerts of Pioneer Genco Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Pioneer Genco Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pioneer Genco has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Pioneer Genco Limited has a workforce of 25 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Pioneer Genco has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP9218Q1ZM | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pioneer Genco Limited, buy the company report.
Recent activity
Pioneer Genco Limited has 21 board changes on record since 2003: 6 appointments and 15 cessations. The latest: Raj Kumar Singh ceased to be Additional Director on 24 Sep 2025.
48 earlier events are in the company report.
Frequently asked questions
Pioneer Genco is an active public limited company based in Hyderabad, Telangana, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 19 December 2001 (25+ years old) and is registered under CIN U40109TG2001PLC038231.
Pioneer Genco has 6 current directors:
- Deepthi Reddy Puttam Reddy - Managing Director
- Raj Kumar Singh - Director
- Venugopal Reddy Petluru - Director
- Ramesh Reddy Puttamreddy - Director
- Lakshmi Dabbara Kantham - Director
- Sanka Ganapathi Rao - Director
The latest financial statements of Pioneer Genco on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Pioneer Genco is 29AACCP9218Q1ZM, registered in Karnataka.
The CIN (Corporate Identification Number) of Pioneer Genco is U40109TG2001PLC038231. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pioneer Genco has 19 court cases on record: 6 filed by the company and 13 filed against it. 7 are pending. Most are in the high courts.
Pioneer Genco was incorporated on 19 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Hyderabad.
Pioneer Genco has 5 deals on record (3 secondary share transfers, 2 funding rounds), with disclosed funding of ₹134.1 Cr; the latest was in March 2021.
The peers of Pioneer Genco by revenue are Ambuthirtha Power Private Limited, Pioneer Power Corporation Limited, Soham Infrastructure Private Limited, Ia Hydro Energy Private Limited, Kundan Hydro (Gangtok) Private Limited and 4 more, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Raj Kumar Singh ceased to be Additional Director on 24 Sep 2025. Venugopal Reddy Petluru ceased to be Additional Director on 24 Sep 2025. Lakshmi Dabbara Kantham ceased to be Additional Director on 13 Jul 2025. Pioneer Genco has 21 board changes on record in total.
Pioneer Genco can be reached through the website pioneergenco.com. Its registered office is in Hyderabad, Telangana, India.
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