About Mytrah Energy (India) Private Limited
Data last updated:
Mytrah Energy (India) Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Bindu Vayu (Mauritius) Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 12 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40108TG2009PTC065804. Its GSTIN is 36AADCC7989C1ZE (Telangana). The company holds 12 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹603 Cr and a paid-up capital of ₹11 Cr. It was formerly known as Caparo Energy (India) Limited and Mytrah Energy (India) Limited. It is led by directors including Rohit Kumar Phansalkar and Sainath Rao Cheviti.
Its last annual general meeting (AGM) was held on 31 December 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Hyderabad, Telangana.
As per the financials filed for FY 2023, the company reported a revenue of ₹2,441.18 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹204.29 Cr (net margin 8.4%) and EBITDA of ₹235.45 Cr (EBITDA margin 9.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mytrah Energy. As per MCA filings, the company has open charges of ₹13,233 Cr and satisfied charges of ₹11,444 Cr on record. Court records list 144 cases involving the company, including 71 filed by the company and 74 filed against it; 37 cases are pending. The company has 20 deals on record (9 secondary share transfers, 5 debt financings, 3 funding rounds), with disclosed funding of ₹3,644.31 Cr; the latest was in March 2023. The company has 8 MSME Form 1 returns on record between 2019 and 2022, listing 506 overdue payments to 40 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mytrah.com.
Company details
Name history
Mytrah Energy (India) has undergone 2 name changes throughout its history. The company was previously known as Caparo Energy (India) Limited, and Mytrah Energy (India) Limited. The current legal name is Mytrah Energy (India) Private Limited.
| Company Name | Status |
|---|---|
| Mytrah Energy (India) Private Limited | Current |
| Caparo Energy (India) Limited | Previous |
| Mytrah Energy (India) Limited | Previous |
CIN history
Mytrah Energy (India) has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108TG2009PTC065804, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108TG2009PTC065804 | Current |
| U40108TG2009PLC065804 | Previous |
| U40108AP2009PLC065804 | Previous |
Contact details
Mytrah Energy (India) Private Limited's registered office is in Hyderabad, Telangana. Its website is mytrah.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address8 – 2 – 326/A/2/A, First Floor Road No.3, Hyderabad, Telangana, India – 500034
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Mytrah Energy (India) 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
Brands
Mytrah Energy (India) operates one associated brand: Mytrah Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wind and solar power projects are developed, owned, and operated. | mytrah.com |
Business activity
The main business activity of Mytrah Energy (India) is construction. In detail, this covers roads, railways, utility projects.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F2 | Roads, railways, Utility projects |
To see the full business activity and turnover split of Mytrah Energy (India) Private Limited, buy the company report.
Financials of Mytrah Energy (India) Private Limited
FY 2023 filings availableMytrah Energy (India) Private Limited reported revenue of ₹2,441.18 Cr (up 27% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA rose 217% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | ₹235.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹204.29 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.6% | ||||
| Net Profit Margin | 8.4% | ||||
| 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 Mytrah Energy (India) Private Limited, buy the company report.
Board of directors of Mytrah Energy (India) Private Limited
Mytrah Energy (India) has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Kumar Phansalkar | Director | 12 Nov 2009 | 16 Years 11 Months | Current |
| Sainath Rao Cheviti | Director | 02 Mar 2023 | 3 Years 8 Months | Current |
| Raghavendra Sudhindra Gudibanda | Director | 02 Mar 2023 | 3 Years 8 Months | Current |
Auditor
Mytrah Energy (India) Private Limited is audited by MSKA & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MSKA & Associates | FY 2022 | 105047W |
Shareholding
The shareholding of Mytrah Energy (India) Private 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 Mytrah Energy (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Feb 2024 | 100873008 | Others | ₹39.3 Cr | Open | |
| 14 Apr 2023 | 100735636 | Others | ₹7 Cr | Open | |
| 10 Apr 2023 | 100710947 | Others | ₹952 Cr | Open | |
| 07 Apr 2023 | 100710973 | Others | ₹3,453 Cr | Open | |
| 29 Dec 2022 | 100665777 | Others | ₹20 Cr | Open |
To see the full charge records of Mytrah Energy (India) Private Limited, buy the company report.
Total charge records: 55 View all charges
Deals & funding
Mytrah Energy (India) Private Limited has 20 deals on record (9 secondary share transfers, 5 debt financings, 3 funding rounds), with disclosed funding of ₹3,644.31 Cr; the latest was in March 2023.
Deals on record (5 of 20)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Acquisition | Undisclosed | Buyer: JSW Neo Energy Limited Seller: Mytrah Energy (India) Private Limited |
| Mar 2018 | Debt financing | ₹980 Cr | Investors: Strymon Investments Holding BV, Piramal Structured Finance, Goldman Sachs (India) Finance Private Limited |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Rudraujjval Power Private Limited Seller: Global Infrastructure Partners |
| Sep 2017 | Secondary share transfer | Undisclosed | Buyer: Rudraujjval Power Private Limited Seller: Global Infrastructure Partners |
| Mar 2014 | Funding round · Series B | ₹78.25 Cr | Investors: Bindu Urja Infrastructure Limited , Veerabhadra Wind Developers Private Limited |
To see the full deal history of Mytrah Energy (India) 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
Mytrah Energy (India) Private Limited has 144 court cases on record: 71 filed by Mytrah Energy (India), 74 filed against it. 37 cases are pending and 107 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 99 | 48 | 17 |
| District courts | 34 | 18 | 19 |
| NCLAT | 6 | 6 | 0 |
| Supreme Court | 3 | 1 | 1 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 144)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Revision petition | Filed against the company by Siemens Gamesa Renewable Power Private Limited | Pending |
| High Court for State of Telangana | Revision petition | Filed against the company by Siemens Gamesa Renewable Power Private Limited | Pending |
| District court, Hyderabad CCC, Telangana | Court case (COP) | Filed by the company against Singh Intelligent Security Private Limited | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Yes Bank Limited and 19 others | Pending |
| District court, Hyderabad CCC, Telangana | Court case (CEP) | Filed against the company by Siemens Gamesa Renewable Power Pvt. Ltd. | Pending |
To see the full case history of Mytrah Energy (India) 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
Mytrah Energy (India) Private Limited was last rated by Icra on 19 Mar 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 19 Mar 2015 |
To see the full credit ratings and regulatory alerts of Mytrah Energy (India) Private Limited, buy the company report.
MSME payment delays
Mytrah Energy (India) Private Limited has 8 MSME Form 1 returns on record between 2019 and 2022, listing 506 overdue payments to 40 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 40)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Volga Solar Solutions Private Limited | |||
| Param Renewable Energy Private Limited | |||
| Anuyathva Power&Energy Soloutions | |||
| Focus Tours and Travels Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Mytrah Energy (India) Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mytrah Energy (India) Private Limited has a workforce of 16 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Mytrah Energy (India) has 12 GST registrations: 7 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCC7989C1ZE | Telangana | Active | 01 Jul 2017 |
| 03AADCC7989C1ZN | Punjab | Active | 01 Jul 2017 |
| 27AADCC7989C1ZD | Maharashtra | Active | 01 Jul 2017 |
| 29AADCC7989C1Z9 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mytrah Energy (India) Private Limited, buy the company report.
Recent activity
Mytrah Energy (India) Private Limited has 26 board changes on record since 2009: 4 appointments and 22 cessations. The latest: Raghavendra Sudhindra Gudibanda ceased to be Additional Director on 30 Dec 2023.
126 earlier events are in the company report.
News
Frequently asked questions
Mytrah Energy (India) is an active private limited company based in Hyderabad, Telangana, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 12 November 2009 (17+ years old) and is registered under CIN U40108TG2009PTC065804.
Mytrah Energy (India) has 3 current directors:
- Rohit Kumar Phansalkar - Director
- Sainath Rao Cheviti - Director
- Raghavendra Sudhindra Gudibanda - Director
The latest financial statements of Mytrah Energy (India) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 31 December 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mytrah Energy (India) is 36AADCC7989C1ZE, registered in Telangana. The company has 12 GST registrations in all, of which 7 are active and 5 are cancelled or inactive. Other active GSTINs include 03AADCC7989C1ZN (Punjab), 27AADCC7989C1ZD (Maharashtra), 29AADCC7989C1Z9 (Karnataka).
The CIN (Corporate Identification Number) of Mytrah Energy (India) is U40108TG2009PTC065804. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mytrah Energy (India) has 144 court cases on record: 71 filed by the company and 74 filed against it. 37 are pending. Most are in the high courts.
Mytrah Energy (India) was incorporated on 12 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
Mytrah Energy (India) has 20 deals on record (9 secondary share transfers, 5 debt financings, 3 funding rounds), with disclosed funding of ₹3,644.31 Cr; the latest was in March 2023.
Raghavendra Sudhindra Gudibanda ceased to be Additional Director on 30 Dec 2023. Deepika Tripathi was appointed as Company Secretary on 03 Oct 2023. Sainath Rao Cheviti ceased to be Additional Director on 22 Sep 2023. Mytrah Energy (India) has 26 board changes on record in total.
Mytrah Energy (India) has 8 MSME Form 1 returns on record between 2019 and 2022, listing 506 overdue payments to 40 micro and small suppliers. The latest return was filed on 29 Oct 2022.
Mytrah Energy (India) can be reached through the website mytrah.com. Its registered office is in Hyderabad, Telangana, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
