MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0021353
Origin Renewables Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.88 Cr
▼ 58% YoY
Net loss · FY 2025
₹47.83 Lakh
Net margin -25.5%
EBITDA · FY 2025
₹55.99 Lakh
EBITDA margin 29.8%
Authorised capital
₹3.5 Cr
Registered with MCA
Paid-up capital
₹2.31 Cr
Issued & subscribed
Open charges
₹6.32 Cr
Satisfied ₹13.6 Cr
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Origin Renewables Private Limited
Data last updated:
Origin Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Radiance Renewables Private Limited. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 09 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2015PTC270041. Its GSTIN is 27AACCO2471J1ZC (Maharashtra).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹2.31 Cr. It is led by directors Mallikarjuna Ukkadala and Urvi Nitesh Shah.
Its last annual general meeting (AGM) was held on 18 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 611 Synergy Court Off. Ramchandra Lane Kanchpada Malad West, Mumbai, Maharashtra, India – 400064.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.88 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹47.83 Lakh (net margin -25.5%) and EBITDA of ₹55.99 Lakh (EBITDA margin 29.8%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 33% over five years.
The company is associated with 1 brand: Origin Renewables. As per MCA filings, the company has open charges of ₹6.32 Cr and satisfied charges of ₹13.6 Cr on record. The company has 5 deals on record (2 rights issues, 1 acquisition, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in June 2021. Its 4 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 2 smaller; the largest is Staten India Private Limited with revenue of ₹1.89 Cr. The company has 5 MSME Form 1 returns on record between 2021 and 2024, listing 21 overdue payments to 3 micro and small suppliers.
Origin Renewables Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0021353). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website originrenew.com.
Company details
CIN U74120MH2015PTC270041
Registration Number 270041
Incorporation Date 09 November 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Radiance Renewables Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0021353
Recognitions & Rankings of Origin Renewables
Contact details
Origin Renewables Private Limited's registered office is in Mumbai, Maharashtra. Its website is originrenew.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address611 Synergy Court Off. Ramchandra Lane Kanchpada Malad West, Mumbai, Maharashtra, India – 400064
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Origin Renewables Private Limited, buy the company report.
Comprehensive company report
Origin Renewables Private Limited - one report that includes everything
- 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
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Brands
Origin Renewables operates one associated brand: Origin Renewables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar panels and products are installed in Mumbai. | originrenew.com |
Business activity
The main business activity of Origin Renewables 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 Origin Renewables Private Limited, buy the company report.
Financials of Origin Renewables Private Limited
FY 2025 filings availableOrigin Renewables Private Limited reported revenue of ₹1.88 Cr (down 58% YoY) for FY 2025.
Revenue · FY 2025
₹1.88 Cr ▼ 58%
Net loss · FY 2025
₹47.83 Lakh margin -25.5%
EBITDA · FY 2025
₹55.99 Lakh margin 29.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▲ 3%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▼ 67%
3 years · compounded
▼ 26%
5 years · compounded
▲ 12%
Revenue fell 58% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 67% 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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| Total Expenses | |||||
| EBITDA | ₹55.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹47.83 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 29.8% | ||||
| Net Profit Margin | -25.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Origin Renewables Private Limited, buy the company report.
Board of directors of Origin Renewables Private Limited
Origin Renewables has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mallikarjuna Ukkadala Also directs: Kushtagi Solar Power Private Limited, Radiance Ka Sunrise One Private Limited, Radiance MH Solar Power Private Limited and 5 more | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
| Urvi Nitesh Shah | Director | 14 Mar 2022 | 4 Years 7 Months | Current |
Peer comparison
Origin Renewables Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| Staten India Private Limited | ₹1.89 Cr (FY 2024) | 152.0% | New Delhi, Delhi, India | |||
| Sarthak Energy Private Limited | ₹1.89 Cr (FY 2025) | 4.0% | New Delhi, Delhi, India | |||
| Origin Renewables Private Limitedthis company | ₹1.88 Cr (FY 2025) | -₹47.83 Lakh | -25.5% | -58.0% | Mumbai, Maharashtra, India | |
| Jindal Akshay Urja Private Limited | ₹1.85 Cr (FY 2025) | 3.0% | Ramnagar, Uttarakhand, India | |||
| Etica Solar Energy Private Limited | ₹1.85 Cr (FY 2025) | -14.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Origin Renewables Private Limited, buy the company report.
Auditor
Origin Renewables Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W/W-100022 |
Shareholding
The shareholding of Origin Renewables 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 Origin Renewables Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.32 Cr
Satisfied charges
₹13.6 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101080934 | Idbi Trusteeship Services Limited | ₹6.32 Cr | Open | |
| 27 Aug 2020 | 100367323 | Others | ₹5 Cr | Satisfied | |
| 13 Aug 2018 | 100211778 | State Bank of India | ₹8.6 Cr | Satisfied |
To see the full charge records of Origin Renewables Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Origin Renewables Private Limited has 5 deals on record (2 rights issues, 1 acquisition, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in June 2021.
Total deals
5
Rights issues
2
Acquisition
1
Funding round
1
Secondary share transfer
1
Disclosed funding
₹9 Lakh
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Rights issue | ₹26.2 Lakh | Investors: EverSource Capital |
| Aug 2020 | Acquisition | ₹3.4 Cr | Buyer: EverSource Capital |
| Mar 2020 | Rights issue | ₹66.7 Lakh | Investors: EverSource Capital |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Radiance Renewables Private Limited & Prasanna Prakash Desai Seller: an individual |
| Mar 2018 | Funding round | ₹9 Lakh | Investors: 3 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 Origin Renewables 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
Origin Renewables Private Limited has 5 MSME Form 1 returns on record between 2021 and 2024, listing 21 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Insolare Energy Limited |
To see the full MSME payment records of Origin Renewables Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Origin Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCO2471J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Origin Renewables Private Limited, buy the company report.
Recent activity
Origin Renewables Private Limited has 8 board changes on record since 2020: 2 appointments and 6 cessations. The latest: Mallikarjuna Ukkadala ceased to be Additional Director on 29 Sep 2022.
AGM
Origin Renewables Private Limited last Annual general meeting of members was held on 18 Sep 2025 as per latest MCA records.
Charges
A charge registered on 27 Aug 2020 via Charge ID 100367323 with Others was fully satisfied on 16 Apr 2025.
Filing
Origin Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 6.32 Cr with Charge ID 101080934 was registered on 26 Mar 2025.
Ceased
Mallikarjuna Ukkadala ceased to be Additional Director.
Ceased
Urvi Nitesh Shah ceased to be Additional Director.
Appointed
Mallikarjuna Ukkadala was appointed as Director.
Ceased
Manikkan Sangameswaran ceased to be Director.
Appointed
Urvi Nitesh Shah was appointed as Director.
Ceased
Prasanna Prakash Desai ceased to be Additional Director.
Charges
A charge registered on 13 Aug 2018 via Charge ID 100211778 with State Bank Of India was fully satisfied on 24 Sep 2020.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100367323 was registered on 27 Aug 2020.
4 earlier events are in the company report.
Frequently asked questions
Origin Renewables is an active private limited company based in Mumbai, Maharashtra, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 09 November 2015 (11+ years old) and is registered under CIN U74120MH2015PTC270041.
Origin Renewables has 2 current directors:
- Mallikarjuna Ukkadala - Director
- Urvi Nitesh Shah - Director
The latest financial statements of Origin Renewables on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 18 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Origin Renewables is 27AACCO2471J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Origin Renewables is U74120MH2015PTC270041. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Origin Renewables was incorporated on 09 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Origin Renewables has 5 deals on record (2 rights issues, 1 acquisition, 1 funding round), with disclosed funding of ₹9 Lakh; the latest was in June 2021.
The peers of Origin Renewables by revenue are Staten India Private Limited, Sarthak Energy Private Limited, Jindal Akshay Urja Private Limited, Etica Solar Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Mallikarjuna Ukkadala ceased to be Additional Director on 29 Sep 2022. Urvi Nitesh Shah ceased to be Additional Director on 29 Sep 2022. Mallikarjuna Ukkadala was appointed as Director on 14 Mar 2022. Origin Renewables has 8 board changes on record in total.
Yes, Origin Renewables is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0021353).
Origin Renewables has 5 MSME Form 1 returns on record between 2021 and 2024, listing 21 overdue payments to 3 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Origin Renewables can be reached through the website originrenew.com. Its registered office is in Mumbai, Maharashtra, India.