About Nupower Renewables Private Limited
Data last updated:
Nupower Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dh Renewables Holding Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 24 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2008PTC189142. Its GSTIN is 27AACCN9197N1ZK (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹460 Cr and a paid-up capital of ₹5.9 Cr. It was formerly known as Nupower Renewables Limited. It is led by directors including Savio Ignatius Braganza and Deepak Virendra Kochhar.
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 618 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2025, the company reported a revenue of ₹180.07 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net loss of ₹10.91 Cr (net margin -6.1%) and EBITDA of ₹102.04 Cr (EBITDA margin 56.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
The company has about 5 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: NuPower Renewables. As per MCA filings, the company has open charges of ₹751.64 Cr and satisfied charges of ₹686.38 Cr on record. Court records list 24 cases involving the company, including 15 filed by the company and 5 filed against it; 11 cases are pending. The company has 12 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹745.34 Cr; the latest was in January 2017. Its 10 peer companies in the Cleantech industry (Wind Power) are compared by revenue, 5 larger and 5 smaller; the largest is Gandhi Special Tubes Limited with revenue of ₹184.42 Cr. The company has 8 MSME Form 1 returns on record between 2018 and 2023, listing 43 overdue payments to 10 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 nupower.in.
CIN History of Nupower Renewables Private Limited
Nupower Renewables has one previous CIN (Corporate Identification Number): U40108MH2008PLC189142. The current CIN is U40108MH2008PTC189142, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108MH2008PTC189142 | Current |
| U40108MH2008PLC189142 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address618 Maker Chambers V Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryEnvironment, Wind Energy Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Nupower Renewables Private Limited
Nupower Renewables operates one associated brand: NuPower Renewables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of independent power generation services | nupowerrenewables.in |
Business Activity of Nupower Renewables Private Limited
The main business activity of Nupower Renewables is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Nupower Renewables Private Limited FY 2025 filings available
Nupower Renewables Private Limited reported revenue of ₹180.07 Cr (up 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Nupower Renewables Private Limited
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 3% 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 of Nupower Renewables Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹102.04 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹10.91 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 of Nupower Renewables Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 56.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Nupower Renewables are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Nupower Renewables Private Limited
Nupower Renewables has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Savio Ignatius Braganza Also directs: Nupower Wind Farms Limited | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
| Lee Sin Wee | Additional Director | 07 Apr 2016 | 10 Years 6 Months | Current |
| Deepak Virendra Kochhar Also directs: Nupower Technologies Private Limited, Echanda Urja Private Limited, Nupower Wind Farms Limited and 2 more | Director | 24 Dec 2008 | 17 Years 9 Months | Current |
| Umanath Vaikunt Nayak Also directs: Echanda Urja Private Limited, Nupower Wind Farms Limited, Elegant Investrade Private Limited and 5 more | Director | 02 Apr 2018 | 8 Years 6 Months | Current |
Peer Comparison of Nupower Renewables Private Limited
Nupower Renewables Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Wind Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gandhi Special Tubes Limited Listed | ₹184.42 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| JSW Vayu (Sabarmati) Private Limited | ₹184.42 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Coromandel Agro Products and Oils Limited Listed | ₹183.51 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Chirala, Andhra Pradesh, India |
| Torrent Solargen Limited | ₹182.17 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Ahmedabad, Gujarat, India |
| Devarahipparigi Wind Power Private Limited | ₹180.3 Cr (FY 2024) | •••• | •••• | 35.0% | •••• | Bangalore, Karnataka, India |
| Nupower Renewables Private Limited this company | ₹180.07 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Remi Sales and Engineering Limited Listed | ₹179.9 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| P B M Polytex Limited Listed | ₹178.2 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Petlad, Gujarat, India |
| Avikiran Surya India Private Limited | ₹176.32 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Gurugram, Haryana, India |
| Maddi Lakshmaiah and Company Private Limited | ₹175.9 Cr (FY 2024) | •••• | •••• | 53.0% | •••• | Chilakaluripet, Andhra Pradesh, India |
| Asi Industries Limited Listed | ₹174.1 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Nupower Renewables by revenue in the Cleantech industry (Wind Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Nupower Renewables Private Limited
Nupower Renewables Private Limited is audited by S M M P & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S M M P & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Nupower Renewables Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Nupower Renewables Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2015 | Axis Trustee Services Limited | ₹500 Cr | Open |
| 17 May 2014 | Others | ₹221.52 Cr | Open |
| 20 Dec 2011 | Indiabulls Housing Finance Limited | ₹30.12 Cr | Open |
| 07 Mar 2014 | Indiabulls Housing Finance Limited | ₹15 Cr | Satisfied |
| 12 Oct 2011 | Pnb Investment Services Limited | ₹497.88 Cr | Satisfied |
Total charge records: 7 View all charges
Deals & Funding of Nupower Renewables Private Limited
Nupower Renewables Private Limited has 12 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹745.34 Cr; the latest was in January 2017.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2017 | Debt financing | ₹8.68 Cr | Investors: Nupower Wind Farms Limited , Echanda Urja Private Limited |
| May 2016 | Debt financing | ₹8.58 Cr | Investors: Nupower Wind Farms Limited , Echanda Urja Private Limited |
| Feb 2016 | Debt financing | ₹19 Cr | Investors: Echanda Urja Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Dh Renewables Holding Limited Seller: Firstland Holdings Limited |
| Dec 2014 | Funding round · Series B | ₹73.34 Cr | Investors: Dh Renewables Holding Limited |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Nupower Renewables Private Limited
Nupower Renewables Private Limited has 24 court cases on record: 15 filed by Nupower Renewables, 5 filed against it, 4 where it is another party. 11 cases are pending and 13 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 1 | 6 |
| Supreme Court | 8 | 4 | 3 |
| District courts | 2 | 0 | 2 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| Supreme Court | Appeal | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Sammaan Capital Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited | Disposed |
| Supreme Court | Special leave petition | Filed against the company by Maharashtra State Electricity Distribution Company Limited | Disposed |
Full case history
All 24 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
MSME Payment Delays by Nupower Renewables Private Limited
Nupower Renewables Private Limited has 8 MSME Form 1 returns on record between 2018 and 2023, listing 43 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kalinfo Computer Services Private Limited | •••• | •••• | •••• |
| Reconnect Energy Solutions Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Manikaran Analytics Limited | •••• | •••• | •••• |
| Sri Bajrang Wind Park Developers | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 8 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Nupower Renewables Private Limited
Nupower Renewables Private Limited has a workforce of 5 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Nupower Renewables Private Limited
Nupower Renewables has 3 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nupower Technologies Private Limited | U29268MH2011PTC211742 | Locked |
| Echanda Urja Private Limited | U40104MH2014PTC259254 | Locked |
| Nupower Wind Farms Limited | U45207MH2013PLC246085 | Locked |
Showing major subsidiaries. Total: 3.
Recent Activity on Nupower Renewables Private Limited
Nupower Renewables Private Limited has 17 board changes on record since 2008: 4 appointments and 13 cessations. The latest: Savio Ignatius Braganza ceased to be Additional Director on 29 Nov 2018.
24 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Nupower Renewables Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Nupower Renewables Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Nupower Renewables Private Limited
Nupower Renewables has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCN9197N1ZK | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Nupower Renewables Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Nupower Renewables Private Limited
Nupower Renewables is an active private limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 24 December 2008 (18+ years old) and is registered under CIN U40108MH2008PTC189142.
Nupower Renewables reported revenue of ₹180.07 Cr for FY 2025 (up 1% YoY).
Nupower Renewables has 4 current directors:
- Savio Ignatius Braganza - Director
- Lee Sin Wee - Additional Director
- Deepak Virendra Kochhar - Director
- Umanath Vaikunt Nayak - Director
Nupower Renewables reported a net loss of ₹10.91 Cr (net margin -6.1%) and EBITDA of ₹102.04 Cr (EBITDA margin 56.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Nupower Renewables is 1% over three years and -1% over five years. In the latest year (FY 2025) revenue rose 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Nupower Renewables is 27AACCN9197N1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nupower Renewables is U40108MH2008PTC189142. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nupower Renewables has 24 court cases on record: 15 filed by the company and 5 filed against it. 11 are pending. Most are in the high courts.
Nupower Renewables was incorporated on 24 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Nupower Renewables has 12 deals on record (4 funding rounds, 3 debt financings, 3 secondary share transfers), with disclosed funding of ₹745.34 Cr; the latest was in January 2017.
The peers of Nupower Renewables by revenue are Gandhi Special Tubes Limited, JSW Vayu (Sabarmati) Private Limited, Coromandel Agro Products and Oils Limited, Torrent Solargen Limited, Devarahipparigi Wind Power Private Limited and 5 more, all in the Cleantech industry (Wind Power).
Savio Ignatius Braganza ceased to be Additional Director on 29 Nov 2018. Umanath Vaikunt Nayak ceased to be Additional Director on 29 Nov 2018. Prem Gul Rajani ceased to be Director on 03 Apr 2018. Nupower Renewables has 17 board changes on record in total.