About Prathijna Sustainable Solutions Private Limited
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Prathijna Sustainable Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Urja Renewable Energy Private Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 18 February 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40104KA2014PTC073699. Its GSTIN is 29AAHCP5961F1Z2 (Karnataka).
The company has an authorised share capital of ₹14.5 Cr and a paid-up capital of ₹14.2 Cr. It is led by directors Cherukuri Venkat and Chandra Shekar Aloori.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.1615 3rd Cross 2nd Phase J.P.Nagar, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹19.85 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net loss of ₹5.79 Cr (net margin -29.2%) and EBITDA of ₹13.21 Cr (EBITDA margin 66.5%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 31% over five years.
As per MCA filings, the company has open charges of ₹53 Cr and satisfied charges of ₹100 Cr on record. Court records list 3 cases involving the company, including 3 filed against it. The company has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹19.87 Cr; the latest was in March 2019. Its 7 peer companies in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 3 smaller; the largest is Sei Jyotiswaroop Power Private Limited with revenue of ₹21.08 Cr.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ecorenenergy.com.
Company details
Contact details
Prathijna Sustainable Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is ecorenenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1615 3rd Cross 2nd Phase J.P.Nagar, Bangalore, Karnataka, India – 560078
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Prathijna Sustainable Solutions 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
Business activity
The main business activity of Prathijna Sustainable Solutions 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 Prathijna Sustainable Solutions Private Limited, buy the company report.
Financials of Prathijna Sustainable Solutions Private Limited
FY 2024 filings availablePrathijna Sustainable Solutions Private Limited reported revenue of ₹19.85 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 34% growth in the latest year. EBITDA rose 30% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹13.21 Cr | ||||
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| Net Profit (PAT) | -₹5.79 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 66.5% | ||||
| Net Profit Margin | -29.2% | ||||
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To see the full financial statements and ratios of Prathijna Sustainable Solutions Private Limited, buy the company report.
Board of directors of Prathijna Sustainable Solutions Private Limited
Prathijna Sustainable Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Cherukuri Venkat Also directs: Core Enterprises LLP, I Broad Solutions LLP, Picture Perfect Entertainment LLP and 5 more | Additional Director | 01 Apr 2021 | 5 Years 7 Months | Current |
| Chandra Shekar Aloori Also directs: Mullur Solar Parks Private Limited, Urja Renewable Energy Private Limited, Barsinga Solar Energy Private Limited and 5 more | Additional Director | 01 Apr 2021 | 5 Years 7 Months | Current |
Peer comparison
Prathijna Sustainable Solutions Private Limited is compared with the 7 companies closest to it by revenue in the Infrastructure industry (Power Projects), 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 |
|---|---|---|---|---|---|---|
| Sei Jyotiswaroop Power Private Limited | ₹21.08 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| Mahati Hydro Power Projects Private Limited | ₹20.75 Cr (FY 2025) | 0.0% | Pune, Maharashtra, India | |||
| Pravara Renewable Energy Limited | ₹20.65 Cr (FY 2022) | -34.0% | Mumbai, Maharashtra, India | |||
| Purshotam Industries Ltd | ₹20.2 Cr (FY 2024) | 102.0% | Delhi, India | |||
| Prathijna Sustainable Solutions Private Limitedthis company | ₹19.85 Cr (FY 2024) | -₹5.79 Cr | -29.2% | 34.0% | Bangalore, Karnataka, India | |
| My Home Power Consultancy Services Private Limited | ₹19.74 Cr (FY 2025) | 11.0% | Hyderabad, Telangana, India | |||
| Sri Avantika Power Projects Private Limited | ₹19.7 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India | |||
| L&T Energy Green Tech Limited | ₹19.35 Cr (FY 2025) | 1760.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Prathijna Sustainable Solutions Private Limited, buy the company report.
Auditor
Prathijna Sustainable Solutions Private Limited is audited by Umamaheswara Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Umamaheswara Rao & Co | FY 2023 | 004453S |
Shareholding
The shareholding of Prathijna Sustainable Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Prathijna Sustainable Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Mar 2021 | 100446005 | Others | ₹53 Cr | Open | |
| 02 Aug 2018 | 100198478 | Others | ₹100 Cr | Satisfied |
To see the full charge records of Prathijna Sustainable Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Prathijna Sustainable Solutions Private Limited has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹19.87 Cr; the latest was in March 2019.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Buyer: SLR Metaliks Limited , Ashok Iron Works Private Limited , Shilpa Medicare Limited Seller: Ecoren Energy India Private Limited |
| Nov 2018 | Secondary share transfer | Undisclosed | Buyer: Shilpa Medicare Limited Seller: Ecoren Energy India Private Limited |
| Oct 2018 | Secondary share transfer | Undisclosed | Buyer: Ecoren Energy India Private Limited Seller: SLR Metaliks Limited |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: SLR Metaliks Limited Seller: Ecoren Energy India Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: SLR Metaliks Limited , an individual Seller: Ecoren Energy India Private Limited |
To see the full deal history of Prathijna Sustainable Solutions 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
Prathijna Sustainable Solutions Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, VIJAYANAGAR, Karnataka | Criminal complaint | Filed against the company by M/S S.L.R. Metaliks Ltd., by Its Authorized Rep. Basavaraj Patil | Disposed |
| District court, VIJAYANAGAR, Karnataka | Criminal complaint | Filed against the company by M/S S.L.R. Metaliks Ltd., by Its Authorized Rep. Basavaraj Patil | Disposed |
| District court, VIJAYANAGAR, Karnataka | Criminal complaint | Filed against the company by M/S S.L.R Metaliks Ltd., by Its Authorized Rep. Basavaraj Patil | Disposed |
To see the full case history of Prathijna Sustainable Solutions 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Prathijna Sustainable Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Prathijna Sustainable Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCP5961F1Z2 | Karnataka | Active | 22 Nov 2017 |
To see the full GST registrations and return filing status of Prathijna Sustainable Solutions Private Limited, buy the company report.
Recent activity
Prathijna Sustainable Solutions Private Limited has 6 board changes on record since 2018: 2 appointments and 4 cessations. The latest: Chandra Shekar Aloori was appointed as Additional Director on 01 Apr 2021.
2 earlier events are in the company report.
Frequently asked questions
Prathijna Sustainable Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 18 February 2014 (12+ years old) and is registered under CIN U40104KA2014PTC073699.
Prathijna Sustainable Solutions has 2 current directors:
- Cherukuri Venkat - Additional Director
- Chandra Shekar Aloori - Additional Director
The latest financial statements of Prathijna Sustainable Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Prathijna Sustainable Solutions is 29AAHCP5961F1Z2, registered in Karnataka.
The CIN (Corporate Identification Number) of Prathijna Sustainable Solutions is U40104KA2014PTC073699. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Prathijna Sustainable Solutions has 3 court cases on record: 3 filed against it.
Prathijna Sustainable Solutions was incorporated on 18 February 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Prathijna Sustainable Solutions has 11 deals on record (7 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹19.87 Cr; the latest was in March 2019.
The peers of Prathijna Sustainable Solutions by revenue are Sei Jyotiswaroop Power Private Limited, Mahati Hydro Power Projects Private Limited, Pravara Renewable Energy Limited, Purshotam Industries Ltd, My Home Power Consultancy Services Private Limited and 2 more, all in the Infrastructure industry (Power Projects), with the same principal business activity (electric power generation, transmission and distribution).
Chandra Shekar Aloori was appointed as Additional Director on 01 Apr 2021. Cherukuri Venkat was appointed as Additional Director on 01 Apr 2021. Venkata Sunil Kumar Talla ceased to be Director on 01 Apr 2021. Prathijna Sustainable Solutions has 6 board changes on record in total.
Prathijna Sustainable Solutions can be reached through the website ecorenenergy.com. Its registered office is in Bangalore, Karnataka, India.
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