About Nextpower India Private Limited
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Nextpower India Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 03 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U29100TG2021PTC149236. Its GSTIN is 36AAHCN4852D1ZH (Telangana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹1.13 Cr. It was formerly known as Nextracker India Private Limited. It is led by directors including Rajeev Kashyap (Managing Director) and Sanjeev Kumar Vangapally.
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Floor 19th And 20th Nexity Tower T – 20, Hyderabad Knowledge City Layout Raidurgam Hyderabad, Telangana, India – 500032.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,360.74 Cr, a growth of 72% compared to the previous year. For the same year it recorded a net profit of ₹135.5 Cr (net margin 10%) and EBITDA of ₹181.26 Cr (EBITDA margin 13.3%). Revenue has grown at a compounded annual rate (CAGR) of 386% over three years.
The company has about 253 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nextracker. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2022. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 145 overdue payments to 8 micro and small suppliers.
For more details, the company can be reached via its website nextracker.com.
Company details
Contact details
Nextpower India Private Limited's registered office is in Hyderabad, Telangana. Its website is nextracker.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFloor 19th And 20th Nexity Tower T – 20, Hyderabad Knowledge City Layout Raidurgam Hyderabad, Telangana, India – 500032
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Nextpower 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
Nextpower India operates one associated brand: Nextracker. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar panel tracking software is provided for monitoring and control. | nextracker.com |
Business activity
The main business activities of Nextpower India are support service to organizations and trade. In detail, this covers other support services to organizations and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Nextpower India Private Limited, buy the company report.
Financials of Nextpower India Private Limited
FY 2025 filings availableNextpower India Private Limited reported revenue of ₹1,360.74 Cr (up 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 386% over three years, including 72% growth in the latest year. EBITDA rose 202% 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 | ₹181.26 Cr | ||||
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| Net Profit (PAT) | ₹135.5 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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| EBITDA Margin | 13.3% | ||||
| Net Profit Margin | 10% | ||||
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To see the full financial statements and ratios of Nextpower India Private Limited, buy the company report.
Board of directors of Nextpower India Private Limited
Nextpower India has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Kashyap | Managing Director | 03 Mar 2021 | 5 Years 7 Months | Current |
| Sanjeev Kumar Vangapally | Director | 29 Mar 2024 | 2 Years 6 Months | Current |
| Nicholas Marco Miller | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
| David Paul Bennett | Director | 23 Sep 2022 | 4 Years 1 Months | Current |
Auditor
Nextpower India Private Limited is audited by SBSS & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SBSS & CO LLP | FY 2023 | 015735S/S200035 |
Shareholding
The shareholding of Nextpower India Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Nextpower India Private Limited, buy the company report.
Deals & funding
Nextpower India Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2022.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Rights issue | ₹1.12 Cr | Investors: Nextracker Inc |
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Nextracker International Holdings Llc, Nextracker Inc Seller: 2 individuals |
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 Nextpower India 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
Nextpower India Private Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 145 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Exceed Supply Chain Solutions India Private Limited | |||
| Lakkshay Tour and Travels Private Limited | |||
| an individual supplier | |||
| Pmea Solar Tech Solutions Limited | |||
| Genesis IT Innovations Private Limited |
To see the full MSME payment records of Nextpower India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Nextpower India Private Limited has a workforce of 253 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Nextpower India has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAHCN4852D1ZH | Telangana | Active | 28 Sep 2021 |
| 33AAHCN4852D1ZN | Tamil Nadu | Active | 28 Dec 2022 |
To see the full GST registrations and return filing status of Nextpower India Private Limited, buy the company report.
Recent activity
Nextpower India Private Limited has 6 board changes on record since 2021: 4 appointments and 2 cessations. The latest: Sanjeev Kumar Vangapally was appointed as Director on 29 Mar 2024.
News
Frequently asked questions
Nextpower 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 03 March 2021 (5+ years old) and is registered under CIN U29100TG2021PTC149236.
Nextpower India has 4 current directors:
- Rajeev Kashyap - Managing Director
- Sanjeev Kumar Vangapally - Director
- Nicholas Marco Miller - Director
- David Paul Bennett - Director
The latest financial statements of Nextpower India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 23 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Nextpower India is 36AAHCN4852D1ZH, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAHCN4852D1ZN (Tamil Nadu).
The CIN (Corporate Identification Number) of Nextpower India is U29100TG2021PTC149236. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nextpower India was incorporated on 03 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
Nextpower India has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in April 2022.
Sanjeev Kumar Vangapally was appointed as Director on 29 Mar 2024. Jitendra Chintaman Morankar ceased to be Director on 18 Mar 2024. David Paul Bennett was appointed as Director on 23 Sep 2022. Nextpower India has 6 board changes on record in total.
Nextpower India has 5 MSME Form 1 returns on record between 2022 and 2024, listing 145 overdue payments to 8 micro and small suppliers. The latest return was filed on 08 May 2024.
Nextpower India can be reached through the website nextracker.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of Nextpower India is at Floor 19th And 20th Nexity Tower T – 20, Hyderabad Knowledge City Layout Raidurgam Hyderabad, Telangana, India – 500032.