Onix Renewable Limited - consumer electronics & durables in Metoda, Gujarat, India. FY 2026 financials and compliance.
CIN U35105GJ2014PLC080979 Incorporated 07 October 2014 ROC Ahmedabad HQ Metoda, Gujarat, India
Active Public Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2024
₹351.68 Cr
▲ 140.00% YoY
EBITDA · FY 2024
*****
▲ 359.00% YoY
Net profit · FY 2024
*****
▲ 357.00% YoY
Authorised capital
₹550 Cr
Registered with MCA
Paid-up capital
₹109.27 Cr
Issued & subscribed
Open charges
₹326.94 Cr
Satisfied ₹14.13 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
1,385
Latest available

About Onix Renewable Limited

Data last updated: 31 December 2025

Onix Renewable Limited is a public limited company based in Metoda, Gujarat, India, recognised as a startup by DPIIT. It specialises in electronics manufacturing, a part of the broader consumer electronics and durables sector. Incorporated on 07 October 2014, the company has been in operation for over 12 years.

Registered with ROC Ahmedabad under CIN U31501GJ2014PLC080979.

Capital: an authorised share capital of ₹550 Cr and a paid-up capital of ₹109.27 Cr. Formerly known as Eletro Trans Products Private Limited. It is led by directors including Divyesh Mansukhbhai Savalia and Piyush Mansukhbhai Savalia.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: P – 212 B Gate No: 2 Lodhika Gidc, Metoda, Gujarat, India – 360021.

As per the financials filed for FY 2024, the company reported a revenue of ₹351.68 Cr, a growth of 140% compared to the previous year.

The company has a workforce of approximately 1,385 employees as per the latest available data.

The company is associated with 1 brand - Onix Renewable. As per MCA filings, the company has open charges of ₹326.94 Cr and satisfied charges of ₹14.13 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website onixgroup.in.

Company Details of Onix Renewable Limited
CIN U35105GJ2014PLC080979
Registration Number 080979
Incorporation Date 07 October 2014
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Contact Details
  • Email
    **************
  • Telephone
    **************
  • Website
    **************
  • Social Media
  • Registered Address
    P – 212 B Gate No: 2 Lodhika Gidc, Metoda, Gujarat, India – 360021
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing
Company report
Onix Renewable Limited - full intelligence report
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Financials, compliance, directors, charges, ownership and filings for Onix Renewable Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Onix Renewable Limited

Onix Renewable Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U35105GJ2014PLC080979, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U35105GJ2014PLC080979 Current
U31501GJ2014PLC080979 Previous
U31501GJ2014PTC080979 Previous

Associated Brands with Onix Renewable Limited

Onix Renewable Limited operates one associated brand: Onix Renewable. These brands represent Onix Renewable Limited's diversified market presence and brand portfolio.

Brand Description Website
Renewable energy solutions for solar and wind projects are provided. onixrenewable.com

Competitors & Alternatives of Onix Renewable Limited

Brands and companies operating in the same space as Onix Renewable Limited include Avaada Group, Hero Future Energies, Azure Power and 7 more.

Competitor Description Location Founded
Avaada Group Avaada Group Renewable energy projects in solar, wind, and storage are developed. Delhi, India, India 2009
Hero Future Energies Hero Future Energies Renewable energy projects are developed for utility-scale and commercial use. London, United Kingdom, United Kingdom 2012
Azure Power Azure Power Provider of independent power producer in the utility scale renewable energy Delhi, India, India 2008
ACME Group ACME Group Solar energy projects are developed for sustainable energy solutions. Gurugram, India, India 2003
Acciona Energy Acciona Energy Renewable energy is developed, constructed, and marketed globally. Madrid, Spain, Spain 1997
Adani Green Energy Adani Green Energy Renewable energy power is produced independently by Adani Green Energy. Ahmedabad, India, India 2012
SunSure SunSure Renewable energy solutions including solar EPC and PPAs are provided. Delhi, India, India 2015
Greenko Group Greenko Group Energy transition and decarbonization solutions are provided by Greenko Group. Hyderabad, India, India 2006
Atria Power Atria Power Renewable energy is produced via wind, solar, and hybrid systems. Bengaluru, India, India 1999
Mytrah Energy Mytrah Energy Wind and solar power projects are developed, owned, and operated. Hyderabad, India, India 2009

Business Activity of Onix Renewable Limited

Onix Renewable Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products *********

Board of Directors of Onix Renewable Limited

Onix Renewable Limited is currently managed by 3 directors, with 5 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Divyesh Mansukhbhai Savalia Director 01 Dec 2022 3 Years 7 Months Current
Piyush Mansukhbhai Savalia Additional Director 01 Sep 2025 0 Years 10 Months Current
Madhuri Divyesh Savaliya Additional Director 01 Dec 2025 0 Years 7 Months Current

Financials of Onix Renewable Limited FY 2024 filings available

Onix Renewable Limited reported revenue of ₹351.68 Cr (up 140% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹351.68 Cr ▲ 140%
Profit
***** ▲ 357%
EBITDA
***** ▲ 359%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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Total Assets
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Equity Issuance
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Debt Raised
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Debt Repaid
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Interest Paid
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Net Cash Position
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Closing Cash & Equivalents
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Liquidity
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Quick Ratio
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Cash Ratio
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Efficiency
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Debtor Days
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Asset Turnover
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Profitability
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Charges & Borrowings of Onix Renewable Limited

Open charges
₹326.94 Cr
Satisfied charges
₹14.13 Cr
Breakdown by lending institutions
Others₹250.16 Cr
Canara Bank₹46.53 Cr
Bank of India₹30.00 Cr
Hdfc Bank Limited₹0.25 Cr
Latest charge details
DateLenderAmountStatus
28 Oct 2025 Others ₹3 Cr Open
30 Jul 2025 Others ₹50 Cr Open
24 Mar 2025 Others ₹127 Cr Open
24 Mar 2025 Others ₹5 Cr Open
20 Dec 2024 Others ₹27.21 Cr Open

Total charge records: 16 View all charges

Employees and EPFO Compliance at Onix Renewable Limited

View historical data on people associated with Onix Renewable Limited, including employment history and EPFO contributions.

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Onix Renewable Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Onix Renewable Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Onix Renewable Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Onix Renewable Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Onix Renewable Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Onix Renewable Limited

MSME Payment Delays by Onix Renewable Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Onix Renewable Limited

Subsidiaries & Group Companies of Onix Renewable Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Onix Renewable Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Onix Renewable Limited

MCA Filings & Documents of Onix Renewable Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Onix Renewable Limited

Directors
01 Dec 2025
Madhuri Divyesh Savaliya was appointed as a Additional Director on 01 Dec 2025 & has been associated with this company since 7 months 8 days.
Charges
28 Oct 2025
A charge with Others amounted to Rs. 3.00 Cr with Charge ID 101200110 was registered on 28 Oct 2025.
Directors
01 Sep 2025
Piyush Mansukhbhai Savalia was appointed as a Additional Director on 01 Sep 2025 & has been associated with this company since 10 months 7 days.
Charges
30 Jul 2025
A charge with Others amounted to Rs. 50.00 Cr with Charge ID 101141130 was registered on 30 Jul 2025.
Charges
24 Mar 2025
A charge with Others amounted to Rs. 127.00 Cr with Charge ID 101067776 was registered on 24 Mar 2025.
Charges
24 Mar 2025
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 101106278 was registered on 24 Mar 2025.

Recent News on Onix Renewable Limited

Frequently Asked Questions about Onix Renewable Limited

Onix Renewable Limited is an active public limited company in the consumer electronics and durables sector based in Metoda, Gujarat, India. It was incorporated on 07 October 2014 (12+ years old) and is registered under CIN U35105GJ2014PLC080979. The company has 1,385 employees.

Onix Renewable Limited reported revenue of ₹351.68 Cr for FY 2024 (up 140.00% YoY).

The current directors of Onix Renewable Limited are:

The primary industry of Onix Renewable Limited is consumer electronics and durables. The company specifically operates in electronics manufacturing. The company is currently active in this sector.

Yes, Onix Renewable Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Onix Renewable Limited can be reached at the registered office: P – 212 B Gate No: 2 Lodhika Gidc, Metoda, Gujarat, India – 360021, or through the website onixgroup.in.

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