About Ratnagiri Wind Power Projects Private Limited
Data last updated:
Ratnagiri Wind Power Projects Private Limited is a private limited company based in Karad, Maharashtra, India, a subsidiary of Greenko Wind Projects Private Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 21 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40105PN2010PTC139797. Its GSTIN is 27AAECR8569E1ZZ (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹200 Cr and a paid-up capital of ₹196 Cr. It is led by directors Harikrishna Kadapurath and Srinivasa Rao Chalamalsetty.
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 Karad, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹104.33 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net loss of ₹6.08 Cr (net margin -5.8%) and EBITDA of ₹79.34 Cr (EBITDA margin 76%). Revenue has declined at a compounded annual rate (CAGR) of 4% over five years.
The company has about 48 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Greenko Group. As per MCA filings, the company has open charges of ₹525.72 Cr and satisfied charges of ₹1,770 Cr on record. Court records list 10 cases involving the company, including 8 filed by the company and 2 filed against it; 2 cases are pending. The company has 4 deals on record (2 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹195.99 Cr; the latest was in November 2013. Its 5 peer companies in the Cleantech industry (Power Projects, Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 2 smaller; the largest is Reliance Business Machines Private Limited with revenue of ₹106.6 Cr. The company has 7 MSME Form 1 returns on record between 2019 and 2024, listing 16 overdue payments to 4 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 greenkogroup.com.
Company details
CIN history
Ratnagiri Wind Power Projects has one previous CIN (Corporate Identification Number): U40105MH2010PTC204580. The current CIN is U40105PN2010PTC139797, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40105PN2010PTC139797 | Current |
| U40105MH2010PTC204580 | Previous |
Contact details
Ratnagiri Wind Power Projects Private Limited's registered office is in Karad, Maharashtra. Its website is greenkogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShivanjali Apartment Plot No. 17 Ayodhya Nagri, Dhebewadi Road Malkapur, Karad, Maharashtra, India – 415110
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Ratnagiri Wind Power Projects 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
Brands
Ratnagiri Wind Power Projects operates one associated brand: Greenko Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Energy transition and decarbonization solutions are provided by Greenko Group. | greenkogroup.com |
Business activity
The main business activity of Ratnagiri Wind Power Projects 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 Ratnagiri Wind Power Projects Private Limited, buy the company report.
Financials of Ratnagiri Wind Power Projects Private Limited
FY 2024 filings availableRatnagiri Wind Power Projects Private Limited reported revenue of ₹104.33 Cr (down 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 10% fall in the latest year. EBITDA fell 1% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹79.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 76% | ||||
| Net Profit Margin | -5.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Ratnagiri Wind Power Projects Private Limited, buy the company report.
Board of directors of Ratnagiri Wind Power Projects Private Limited
Ratnagiri Wind Power Projects has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harikrishna Kadapurath | Director | 05 Sep 2014 | 12 Years 2 Months | Current |
| Srinivasa Rao Chalamalsetty Also directs: Greenko Cimaron Constructions Private Limited, Greenko Up01 Irep Private Limited, Gangdari Hydro Power Private Limited and 5 more | Director | 05 Jan 2015 | 11 Years 10 Months | Current |
Peer comparison
Ratnagiri Wind Power Projects Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Power Projects, 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 |
|---|---|---|---|---|---|---|
| Reliance Business Machines Private Limited | ₹106.6 Cr (FY 2022) | 51839.0% | Mumbai, Maharashtra, India | |||
| Renew Wind Energy (Rajkot) Private Limited | ₹105.2 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Il&Fs Renewable Energy Limited | ₹105.19 Cr (FY 2016) | -74.0% | Mumbai, Maharashtra, India | |||
| Ratnagiri Wind Power Projects Private Limitedthis company | ₹104.33 Cr (FY 2025) | -₹6.08 Cr | -5.8% | -10.0% | 48 | Karad, Maharashtra, India |
| Tehkhand Waste to Electricity Project Limited | ₹103.41 Cr (FY 2025) | 2.0% | Mathura, Uttar Pradesh, India | |||
| Renew Fazilka Solar Power Private Limited | ₹102.1 Cr (FY 2025) | 92.0% | Gurugram, Haryana, India |
To see the full peer comparison of Ratnagiri Wind Power Projects Private Limited, buy the company report.
Auditor
Ratnagiri Wind Power Projects Private Limited is audited by srinivasa & associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| srinivasa & associates | FY 2023 | 005832S |
Shareholding
The shareholding of Ratnagiri Wind Power Projects 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 Ratnagiri Wind Power Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Dec 2014 | 10545994 | Idbi Trusteeship Services Limited | ₹525.72 Cr | Open | |
| 25 Jun 2021 | 100456879 | Idbi Trusteeship Services Limited | ₹500 Cr | Satisfied | |
| 26 Jun 2020 | 100356173 | Others | ₹275 Cr | Satisfied | |
| 22 Jul 2019 | 100276891 | Others | ₹275 Cr | Satisfied | |
| 01 Jan 2014 | 10469176 | Srei Infrastructure Finance Limited | ₹120 Cr | Satisfied |
To see the full charge records of Ratnagiri Wind Power Projects Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ratnagiri Wind Power Projects Private Limited has 4 deals on record (2 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹195.99 Cr; the latest was in November 2013.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2013 | Funding round | ₹66 Cr | Investors: Greenko Wind Projects Private Limited |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: Greenko Wind Projects Private Limited , Greenko Wind Projects Private Limited & Anil Kumar Chalamalasetty Seller: Greenko Energies Private Limited , Greenko Energies Private Limited & Anil Kumar Chalamalasetty |
| Nov 2010 | Funding round | ₹129.99 Cr | Investors: Greenko Energies Private Limited , Greenko Wind Projects Private Limited , Greenko Energies Private Limited & Anil Kumar Chalamalasetty |
| Aug 2010 | Acquisition | ₹1 Lakh | Buyer: Greenko Energies Private Limited Seller: Greenko Energies Private Limited & Anil Kumar Chalamalasetty, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ratnagiri Wind Power Projects Private Limited has 10 court cases on record: 8 filed by Ratnagiri Wind Power Projects, 2 filed against it. 2 cases are pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 0 | 1 |
| District courts | 2 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Pending |
| District court, Satara, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against Government of Maharashtra THR the Secretary and Ors | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Government of Maharashtra THR the Secretary and Ors | Disposed |
To see the full case history of Ratnagiri Wind Power Projects 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
Ratnagiri Wind Power Projects Private Limited has 7 MSME Form 1 returns on record between 2019 and 2024, listing 16 overdue payments to 4 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 (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Kalpa Electrikal Private Limited | |||
| Emerald Enterprises | |||
| Perfect Enterprises |
To see the full MSME payment records of Ratnagiri Wind Power Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ratnagiri Wind Power Projects 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 |
|---|---|---|
| Sandla Wind Project Private Limited | U40100TG2013PTC160929 |
To see the full group structure of Ratnagiri Wind Power Projects Private Limited, buy the company report.
Employees & EPFO
Ratnagiri Wind Power Projects Private Limited has a workforce of 48 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ratnagiri Wind Power Projects has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECR8569E1ZZ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ratnagiri Wind Power Projects Private Limited, buy the company report.
Recent activity
Ratnagiri Wind Power Projects Private Limited has 10 board changes on record since 2014: 2 appointments and 8 cessations. The latest: Singhal Shilpa ceased to be Company Secretary on 29 Dec 2020.
17 earlier events are in the company report.
News
Frequently asked questions
Ratnagiri Wind Power Projects is an active private limited company based in Karad, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 21 June 2010 (16+ years old) and is registered under CIN U40105PN2010PTC139797.
Ratnagiri Wind Power Projects has 2 current directors:
- Harikrishna Kadapurath - Director
- Srinivasa Rao Chalamalsetty - Director
The latest financial statements of Ratnagiri Wind Power Projects 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 Ratnagiri Wind Power Projects is 27AAECR8569E1ZZ, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Ratnagiri Wind Power Projects is U40105PN2010PTC139797. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ratnagiri Wind Power Projects has 10 court cases on record: 8 filed by the company and 2 filed against it. 2 are pending. Most are in the high courts.
Ratnagiri Wind Power Projects was incorporated on 21 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.
Ratnagiri Wind Power Projects has 4 deals on record (2 funding rounds, 1 acquisition, 1 secondary share transfer), with disclosed funding of ₹195.99 Cr; the latest was in November 2013.
The peers of Ratnagiri Wind Power Projects by revenue are Reliance Business Machines Private Limited, Renew Wind Energy (Rajkot) Private Limited, Il&Fs Renewable Energy Limited, Tehkhand Waste to Electricity Project Limited, Renew Fazilka Solar Power Private Limited, all in the Cleantech industry (Power Projects, Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
Singhal Shilpa ceased to be Company Secretary on 29 Dec 2020. Srinivasa Rao Chalamalsetty ceased to be Additional Director on 21 Sep 2015. Rama Raju Budha Raju ceased to be Director on 05 Jan 2015. Ratnagiri Wind Power Projects has 10 board changes on record in total.
Ratnagiri Wind Power Projects has 7 MSME Form 1 returns on record between 2019 and 2024, listing 16 overdue payments to 4 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Ratnagiri Wind Power Projects can be reached through the website greenkogroup.com. Its registered office is in Karad, Maharashtra, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
