About Pugalur Renewable Private Limited
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Pugalur Renewable Private Limited is a private limited company based in Delhi, India, a subsidiary of Renew Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 20 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31909DL2017PTC343475. Its GSTIN is 29AAICP9892J1ZE (Karnataka).
The company has an authorised share capital of ₹100 Cr and a paid-up capital of ₹96.91 Cr. It is led by directors Paresh Kumar Thakkar and Rakesh Mohan.
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 138 Ansal Chambers – Ll Bhikaji Cama Place, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹94.05 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹10.9 Cr (net margin 11.6%) and EBITDA of ₹85.47 Cr (EBITDA margin 90.9%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 8% over five years.
The company is associated with 1 brand: ReNew. As per MCA filings, the company has open charges of ₹2,100.56 Cr and satisfied charges of ₹3,707.98 Cr on record. The company has 6 deals on record (2 funding rounds, 2 acquisitions, 1 debt financing), with disclosed funding of ₹658.03 Cr; the latest was in December 2020. Its 7 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Sampann Utpadan India Limited with revenue of ₹97.83 Cr. The company has 3 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 2 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 renew.com.
Company details
CIN history
Pugalur Renewable has one previous CIN (Corporate Identification Number): U31909TN2017PTC115043. The current CIN is U31909DL2017PTC343475, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31909DL2017PTC343475 | Current |
| U31909TN2017PTC115043 | Previous |
Contact details
Pugalur Renewable Private Limited's registered office is in Delhi, Delhi. Its website is renew.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address138 Ansal Chambers – Ll Bhikaji Cama Place, Delhi, India – 110066
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Pugalur Renewable 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 Pugalur Renewable 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 Pugalur Renewable Private Limited, buy the company report.
Financials of Pugalur Renewable Private Limited
FY 2025 filings availablePugalur Renewable Private Limited reported revenue of ₹94.05 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 8%. EBITDA fell 5% 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 | ₹85.47 Cr | ||||
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| Net Profit (PAT) | ₹10.9 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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| Profitability | |||||
| EBITDA Margin | 90.9% | ||||
| Net Profit Margin | 11.6% | ||||
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To see the full financial statements and ratios of Pugalur Renewable Private Limited, buy the company report.
Board of directors of Pugalur Renewable Private Limited
Pugalur Renewable has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Paresh Kumar Thakkar Also directs: Molagavalli Renewable Private Limited, Renew Vayu Urja Private Limited, Bidwal Renewable Private Limited and 5 more | Director | 12 Apr 2024 | 2 Years 6 Months | Current |
| Rakesh Mohan Also directs: Molagavalli Renewable Private Limited, Renew Vayu Urja Private Limited, Gadag Ii-A Transmission Limited and 5 more | Director | 24 Jul 2023 | 3 Years 3 Months | Current |
Peer comparison
Pugalur Renewable Private Limited is compared with the 7 companies closest to it by revenue in the Cleantech industry (Wind 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 |
|---|---|---|---|---|---|---|
| Sampann Utpadan India Limited | ₹97.83 Cr (FY 2025) | 36.0% | Vadodara, Gujarat, India | |||
| Sun Photo Voltaic Energy India Private Limited | ₹97.58 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India | |||
| Adani Wind Energy Kutchh One Limited | ₹95.75 Cr (FY 2025) | -31.0% | Ahmedabad, Gujarat, India | |||
| Pugalur Renewable Private Limitedthis company | ₹94.05 Cr (FY 2025) | ₹10.9 Cr | 11.6% | -5.0% | Delhi, India | |
| Clean Wind Power (Manvi) Private Limited | ₹93.24 Cr (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| Morjar Windfarm Development Private Limited | ₹93.03 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India | |||
| Ostro Mahawind Power Private Limited | ₹93 Cr (FY 2025) | -17.0% | New Delhi, Delhi, India | |||
| Matspin India Private Limited | ₹91.42 Cr (FY 2024) | 1540.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Pugalur Renewable Private Limited, buy the company report.
Auditor
Pugalur Renewable Private Limited is audited by S.R. Batliboi & CO. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & CO. LLP | FY 2022 | 301003E/E300005 |
Shareholding
The shareholding of Pugalur Renewable 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Pugalur Renewable Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 May 2024 | 100924497 | Others | ₹2,100.56 Cr | Open | |
| 17 Mar 2021 | 100448308 | Others | ₹2,391.06 Cr | Satisfied | |
| 17 Mar 2021 | 100448310 | Others | ₹594.83 Cr | Satisfied | |
| 07 May 2019 | 100267560 | Others | ₹354.7 Cr | Satisfied | |
| 06 Apr 2018 | 100169936 | Others | ₹367.4 Cr | Satisfied |
To see the full charge records of Pugalur Renewable Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Pugalur Renewable Private Limited has 6 deals on record (2 funding rounds, 2 acquisitions, 1 debt financing), with disclosed funding of ₹658.03 Cr; the latest was in December 2020.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2020 | Acquisition | ₹270.5 Cr | Buyer: Aurum Retail Ventures Private Limited |
| Nov 2020 | Debt financing | ₹594.83 Cr | Investors: India Green Energy Holdings |
| May 2019 | Funding round | ₹10,000 | Investors: Aurum Retail Ventures Private Limited |
| Feb 2019 | Acquisition | ₹66.5 Cr | Buyer: Aurum Retail Ventures Private Limited |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Aurum Retail Ventures Private Limited , Renew Power Private Limited & Kailash Vasant Vaswani Seller: Siemens Gamesa Renewable Private Limited, Gamesa Renewable Private Limited & Dharmala Venkata Ramana Murthy |
To see the full deal history of Pugalur Renewable 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
No court or tribunal cases involving Pugalur Renewable Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Pugalur Renewable Private Limited was last rated by Care on 26 Dec 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 26 Dec 2025 |
To see the full credit ratings and regulatory alerts of Pugalur Renewable Private Limited, buy the company report.
MSME payment delays
Pugalur Renewable Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Deloitte Touche Tohmatsu India LLP | |||
| Madhav Infrastructure |
To see the full MSME payment records of Pugalur Renewable Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Pugalur Renewable has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP9892J1ZE | Karnataka | Active | 19 Jan 2018 |
To see the full GST registrations and return filing status of Pugalur Renewable Private Limited, buy the company report.
Recent activity
Pugalur Renewable Private Limited has 12 board changes on record since 2018: 2 appointments and 10 cessations. The latest: Paresh Kumar Thakkar ceased to be Additional Director on 29 Sep 2024.
14 earlier events are in the company report.
News
Frequently asked questions
Pugalur Renewable is an active private limited company based in Delhi, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 20 February 2017 (9+ years old) and is registered under CIN U31909DL2017PTC343475.
Pugalur Renewable has 2 current directors:
- Paresh Kumar Thakkar - Director
- Rakesh Mohan - Director
The latest financial statements of Pugalur Renewable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Pugalur Renewable is 29AAICP9892J1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Pugalur Renewable is U31909DL2017PTC343475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pugalur Renewable was incorporated on 20 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Pugalur Renewable has 6 deals on record (2 funding rounds, 2 acquisitions, 1 debt financing), with disclosed funding of ₹658.03 Cr; the latest was in December 2020.
The peers of Pugalur Renewable by revenue are Sampann Utpadan India Limited, Sun Photo Voltaic Energy India Private Limited, Adani Wind Energy Kutchh One Limited, Clean Wind Power (Manvi) Private Limited, Morjar Windfarm Development Private Limited and 2 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Paresh Kumar Thakkar ceased to be Additional Director on 29 Sep 2024. Paresh Kumar Thakkar was appointed as Director on 12 Apr 2024. Rahul Dwivedi ceased to be Additional Director on 12 Apr 2024. Pugalur Renewable has 12 board changes on record in total.
Pugalur Renewable has 3 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 21 Jan 2024.
Pugalur Renewable can be reached through the website renew.com. Its registered office is in Delhi, India.
The registered office of Pugalur Renewable is at 138 Ansal Chambers – Ll Bhikaji Cama Place, Delhi, India – 110066.
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