About Radhe Renewable Energy Development Private Limited
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Radhe Renewable Energy Development Private Limited is a private limited company based in Metoda Gidc, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 05 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45100GJ2004PTC043909. Its GSTIN is 24AACCR7723E1ZL (Gujarat).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.25 Cr. It is led by directors Shaileshkumar Vallabhdas Makadia and Shriyakumari Shaileshkumar Makadia.
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 G – 557 Lodhika Industrial Estate Metoda G.I.D.C. Gate No. 3, Metoda GIDC, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹64.08 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹2.53 Cr (net margin 4%) and EBITDA of ₹5.16 Cr (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 13% over five years.
The company has about 13 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹19.29 Cr and satisfied charges of ₹146.63 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website radhegroup.com.
Company details
CIN history
Radhe Renewable Energy Development has one previous CIN (Corporate Identification Number): U29219GJ2004PTC043909. The current CIN is U45100GJ2004PTC043909, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U45100GJ2004PTC043909 | Current |
| U29219GJ2004PTC043909 | Previous |
Contact details
Radhe Renewable Energy Development Private Limited's registered office is in Metoda Gidc, Gujarat. Its website is radhegroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG – 557 Lodhika Industrial Estate Metoda G.I.D.C. Gate No. 3, Metoda GIDC, Gujarat, India – 360021
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Radhe Renewable Energy Development 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 activities of Radhe Renewable Energy Development are manufacturing and support service to organizations. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Radhe Renewable Energy Development Private Limited, buy the company report.
Financials of Radhe Renewable Energy Development Private Limited
FY 2024 filings availableRadhe Renewable Energy Development Private Limited reported revenue of ₹64.08 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 27% growth in the latest year. EBITDA rose 155% 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 | ₹5.16 Cr | ||||
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| Net Profit (PAT) | ₹2.53 Cr | ||||
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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 | 8.1% | ||||
| Net Profit Margin | 4% | ||||
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To see the full financial statements and ratios of Radhe Renewable Energy Development Private Limited, buy the company report.
Board of directors of Radhe Renewable Energy Development Private Limited
Radhe Renewable Energy Development has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaileshkumar Vallabhdas Makadia | Director | 18 Jun 2016 | 10 Years 4 Months | Current |
| Shriyakumari Shaileshkumar Makadia Also directs: Samsara Recycling Private Limited | Director | 16 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Radhe Renewable Energy Development Private Limited is audited by Ranpura Desai & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ranpura Desai & Co | FY 2023 | 117476W |
Shareholding
The shareholding of Radhe Renewable Energy Development 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) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Radhe Renewable Energy Development Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2015 | 10561337 | Others | ₹10 Cr | Open | |
| 05 Dec 2013 | 10463990 | Small Industries Development Bank of India | ₹9.29 Cr | Open | |
| 11 Jul 2019 | 100278540 | Others | ₹10 Cr | Satisfied | |
| 22 Aug 2016 | 100047211 | Others | ₹3.75 Cr | Satisfied | |
| 21 Feb 2014 | 10479015 | Central Bank of India Limited | ₹21 Cr | Satisfied |
To see the full charge records of Radhe Renewable Energy Development Private Limited, buy the company report.
Total charge records: 18 View all charges
Legal cases
Radhe Renewable Energy Development Private Limited has 12 court cases on record: 6 filed by Radhe Renewable Energy Development, 6 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 3 | 0 |
| Supreme Court | 3 | 1 | 1 |
| District courts | 2 | 2 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1503-Appeal Against Orders Of Statutory Bodies : Tribunals) | Filed by the company against GSPC Gas Company Limited Rep. by Its Managing Director Having Its Office At:&Nbsp; 2 Nd Floor, B.No.15, Udhyog Bhavan,&Nbsp;Gandhinagar ,Gandhinagar , Gujarat and 82 others | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Indian Council of Ceramic Tiles and Sanitaryware and 4 others | Disposed |
| District court, South East, Delhi | Civil suit | Filed against the company by Rathi Special Steels Limited. | Disposed |
| High Court, TELANGANA | Writ petition | Filed by the company against M/S Reactive Metals of India (P) Ltd., and 3 others | Disposed |
| District court, Jamnagar, Gujarat | Court case (EXE R) | Filed against the company by Rathi Special Steel Limited | Disposed |
To see the full case history of Radhe Renewable Energy Development 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
Radhe Renewable Energy Development Private Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 98 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| H P Automation Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Sapcon Instruments Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Radhe Renewable Energy Development Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Radhe Renewable Energy Development has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Hi-Can Industries Private Limited | U28112GJ2009PTC057456 |
To see the full group structure of Radhe Renewable Energy Development Private Limited, buy the company report.
Employees & EPFO
Radhe Renewable Energy Development Private Limited has a workforce of 13 employees on its EPFO records as of Feb 15, 2025, across 1 active EPFO establishment.
GST
Radhe Renewable Energy Development has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCR7723E1ZL | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Radhe Renewable Energy Development Private Limited, buy the company report.
Recent activity
Radhe Renewable Energy Development Private Limited has 16 board changes on record since 2007: 2 appointments and 14 cessations. The latest: Dineshbhai Vrajlal Makadia ceased to be Director on 01 Jul 2022.
47 earlier events are in the company report.
Frequently asked questions
Radhe Renewable Energy Development is an active private limited company based in Metoda Gidc, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 05 April 2004 (22+ years old) and is registered under CIN U45100GJ2004PTC043909.
Radhe Renewable Energy Development has 2 current directors:
- Shaileshkumar Vallabhdas Makadia - Director
- Shriyakumari Shaileshkumar Makadia - Director
The latest financial statements of Radhe Renewable Energy Development 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 Radhe Renewable Energy Development is 24AACCR7723E1ZL, registered in Gujarat.
The CIN (Corporate Identification Number) of Radhe Renewable Energy Development is U45100GJ2004PTC043909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Radhe Renewable Energy Development has 12 court cases on record: 6 filed by the company and 6 filed against it. 1 is pending. Most are in the high courts.
Radhe Renewable Energy Development was incorporated on 05 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dineshbhai Vrajlal Makadia ceased to be Director on 01 Jul 2022. Shriyakumari Shaileshkumar Makadia was appointed as Director on 16 Jun 2022. Sandipkumar Vallabhdas Makadia ceased to be Director on 18 Jun 2016. Radhe Renewable Energy Development has 16 board changes on record in total.
Radhe Renewable Energy Development has 2 MSME Form 1 returns on record between 2018 and 2019, listing 98 overdue payments to 13 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Radhe Renewable Energy Development can be reached through the website radhegroup.com. Its registered office is in Metoda Gidc, Gujarat, India.
The registered office of Radhe Renewable Energy Development is at G – 557 Lodhika Industrial Estate Metoda G.I.D.C. Gate No. 3, Metoda GIDC, Gujarat, India – 360021.