India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,673 Narendra Madhusudan Murkumbi & Family ₹1,100 Cr
Market Cap
₹2,606 Cr
RELTD · NSE
Share Price
₹139.51
+6.32% today
Revenue
₹543 Cr
FY 2025-26 · +116.9% YoY
EBITDA
₹131 Cr
Margin 24.1%
Net Profit
₹80.65 Cr
FY 2025-26 · +207.0% YoY
P/E (TTM)
43.7x
P/B 4.3x
Authorised capital
₹240 Cr
Registered with MCA
Paid-up capital
₹198.55 Cr
Issued & subscribed
About Ravindra Energy Limited
Data last updated:
Ravindra Energy Limited is a public limited company based in Belgaum, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 28 May 1980 and has been in existence for over 46 years.
Its director Narendra Madhusudan Murkumbi and Family is #1,673 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN L40104KA1980PLC075720. Its GSTIN is 29AAACR2065D1ZM (Karnataka). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 504341 and NSE: RELTD.
The company has an authorised share capital of ₹240 Cr and a paid-up capital of ₹198.55 Cr. It was formerly known as Ravindra Trading and Agencies Limited. It is led by directors including Vidya Madhusudan Murkumbi (Whole-Time Director) and Shantanu Lath (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Belgaum, Karnataka.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹543.2 Cr, a growth of 116.9% compared to the previous year. For the same year it recorded a net profit of ₹80.65 Cr (net margin 14.8%) and EBITDA of ₹131.03 Cr (EBITDA margin 24.1%). The net worth stands at ₹411.77 Cr (up 22.2% YoY). Total assets are valued at ₹1,068.43 Cr (up 84.4% YoY).
The company has about 78 employees on its provident fund (EPFO) records. Its group structure includes 9 subsidiaries.
The company is associated with 1 brand: Ravindra Energy. As per MCA filings, the company has open charges of ₹999.75 Cr and satisfied charges of ₹97.93 Cr on record. Court records list 23 cases involving the company, including 15 filed by the company and 8 filed against it; 2 cases are pending. The company has 7 deals on record (5 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹54.75 Cr; the latest was in June 2026. The company has 5 MSME Form 1 returns on record between 2019 and 2022, listing 112 overdue payments to 43 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 ravindraenergy.com.
Company details
CIN L40104KA1980PLC075720
Registration Number 075720
Incorporation Date 28 May 1980
ROC Bangalore
Listing Status Listed - Listed on NSE (RELTD); Listed on BSE (504341)
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Ravindra Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40104KA1980PLC075720, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40104KA1980PLC075720 | Current |
| L40104MH1980PLC022673 | Previous |
| L51900MH1980PLC022673 | Previous |
Key People
Vidya Madhusudan Murkumbi Whole-Time Director Shantanu Lath Whole-Time Director Sidram Meleppa Kaluti Director Recognitions & Rankings of Ravindra Energy
Contact details
Ravindra Energy Limited's registered office is in Belgaum, Karnataka. Its website is ravindraenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressBc 105, Havelock Road Camp, Belgaum, Karnataka, India – 590001
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Ravindra Energy Limited, buy the company report.
Comprehensive company report
Ravindra Energy 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Ravindra Energy operates one associated brand: Ravindra Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar panel installations are provided for residential and commercial sectors. | ravindraenergy.com |
Business activity
The main business activity of Ravindra Energy 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 Ravindra Energy Limited, buy the company report.
Financials of Ravindra Energy Limited
FY 2025-26 filings availableRavindra Energy Limited reported revenue of ₹543.2 Cr (up 116.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹543 Cr
+116.9% YoY
EBITDA
₹131 Cr
+365.8% YoY
Profit After Tax
₹80.65 Cr
+207.0% YoY
Net Worth
₹412 Cr
+22.2% YoY
Total Assets
₹1,068 Cr
+84.4% YoY
Total Debt
₹558 Cr
+148.9% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 543 | 250 | 131 | 253 | 765 | 304 | 719 |
| Revenue growth | +116.9% | +91.2% | -48.2% | -67.0% | +151.6% | -57.7% | - |
| EBITDA | 131 | 28.13 | (30.97) | 14.06 | (14.05) | 14.92 | (3.71) |
| EBITDA margin | +24.1% | +11.2% | -23.7% | +5.6% | -1.8% | +4.9% | -0.5% |
| Profit before tax | 86.18 | 27.40 | (45.86) | 21.84 | 31.79 | (5.83) | 9.35 |
| Net profit | 80.65 | 26.27 | 18.02 | 15.56 | 36.85 | 5.39 | 31.82 |
| Net profit margin | +14.9% | +10.5% | +13.8% | +6.2% | +4.8% | +1.8% | +4.4% |
| EPS (₹) | 4.53 | 1.21 | (3.34) | 1.13 | 2.43 | 0.45 | 0.48 |
| Balance sheet | |||||||
| Total assets | 1,068 | 579 | 330 | 331 | 378 | 348 | 367 |
| Net worth | 412 | 337 | 148 | 193 | 204 | 163 | (13.21) |
| Total debt | 558 | 224 | 148 | 117 | 164 | 177 | 373 |
| Cash & bank | 91.54 | 84.10 | 24.75 | 22.68 | 16.08 | 33.23 | 37.20 |
| Net working capital | 156 | 105 | 64.30 | 129 | 198 | 187 | 217 |
| Cash flow | |||||||
| Cash from operations | 166 | 70.77 | 60.88 | 122 | 18.90 | 52.99 | (28.77) |
| Cash from investing | (437) | (159) | (81.24) | (29.76) | (23.05) | 0.56 | 57.36 |
| Cash from financing | 278 | 147 | 22.43 | (85.15) | (13.00) | (57.52) | (26.73) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 133 | 127 | 120 | 163 | 159 | 53.14 | 15.58 |
| Revenue growth (YoY) | -26.2% | -16.3% | +139.3% | +672.3% | +616.2% | - | - | - |
| Other income | 2.54 | 4.89 | 4.66 | 2.39 | 6.04 | 5.99 | 2.59 | 3.96 |
| EBITDA | 38.10 | 33.63 | 32.29 | 37.23 | 27.87 | 12.85 | 7.14 | 0.59 |
| EBITDA margin | +31.8% | +25.3% | +25.4% | +30.9% | +17.1% | +8.1% | +13.4% | +3.8% |
| Depreciation | 10.65 | 8.89 | 8.38 | 6.12 | 4.65 | 3.30 | 2.77 | 1.99 |
| Interest | 12.28 | 11.74 | 10.53 | 7.74 | 4.79 | 1.77 | 2.55 | 1.13 |
| Profit before tax | 17.71 | 17.89 | 18.04 | 25.76 | 24.47 | 13.77 | 4.41 | 1.43 |
| Tax | 4.34 | 0.58 | 1.15 | (4.97) | 0.83 | 0.11 | 1.77 | 0.13 |
| Net profit | 13.37 | 17.31 | 16.89 | 30.73 | 23.64 | 13.66 | 2.64 | 1.30 |
| EPS (₹) | 0.09 | 0.71 | 0.80 | 1.69 | 1.33 | 0.74 | 0.14 | 0.07 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 444 | 188 | 60.64 | 28.22 | 72.89 | 114 | 353 |
| Revenue growth | +136.2% | +210.2% | +114.9% | -61.3% | -36.0% | -67.7% | - |
| EBITDA | 71.92 | 8.67 | 9.73 | (28.93) | (196) | (2.69) | (4.87) |
| EBITDA margin | +16.2% | +4.6% | +16.1% | -102.5% | -269.4% | -2.4% | -1.4% |
| Profit before tax | 91.27 | 24.60 | 10.76 | 4.05 | (181) | (9.85) | 0.81 |
| Net profit | 96.21 | 29.02 | 10.85 | 4.23 | (177) | (9.97) | 28.45 |
| Net profit margin | +21.7% | +15.4% | +17.9% | +15.0% | -243.0% | -8.8% | +8.1% |
| EPS (₹) | 5.12 | 1.38 | 0.70 | 0.31 | (13.47) | (0.83) | 0.05 |
| Balance sheet | |||||||
| Total assets | 455 | 357 | 168 | 196 | 227 | 403 | 432 |
| Net worth | 444 | 350 | 148 | 190 | 215 | 387 | 226 |
| Total debt | 9.43 | 6.14 | 19.42 | 4.63 | 11.83 | 15.22 | 206 |
| Cash & bank | 39.04 | 35.55 | 13.74 | 14.14 | 3.62 | 6.71 | 14.38 |
| Net working capital | 154 | 146 | 48.19 | 69.93 | 129 | 149 | 186 |
| Cash flow | |||||||
| Cash from operations | 148 | (23.90) | (25.55) | 44.61 | (27.60) | 28.76 | (11.21) |
| Cash from investing | (143) | (117) | 3.98 | 5.18 | 23.36 | (2.21) | 10.36 |
| Cash from financing | (1.24) | 162 | 21.16 | (39.27) | 1.15 | (34.22) | 5.89 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 91.84 | 96.73 | 102 | 102 | 144 | 142 | 39.02 | 4.07 |
| Revenue growth (YoY) | -36.0% | -31.7% | +161.8% | +2404.7% | +3989.7% | - | - | - |
| Other income | 4.87 | 10.45 | 5.14 | 2.76 | 5.66 | 5.37 | 2.47 | 1.81 |
| Total expenses | 81.50 | 89.72 | 86.67 | 72.19 | 124 | 137 | 33.66 | 4.87 |
| EBITDA | 10.34 | 7.01 | 15.49 | 29.75 | 19.67 | 4.85 | 5.36 | (0.80) |
| EBITDA margin | +11.3% | +7.2% | +15.2% | +29.2% | +13.7% | +3.4% | +13.7% | -19.7% |
| Depreciation | 1.12 | 1.08 | 1.06 | 0.59 | 0.65 | 0.62 | 0.58 | 0.40 |
| Interest | 0.38 | 0.34 | 0.42 | 0.24 | 0.28 | 0.30 | 0.33 | 0.29 |
| Profit before tax | 13.71 | 16.04 | 19.15 | 31.68 | 24.40 | 9.30 | 6.92 | 0.32 |
| Tax | (0.05) | 0.02 | (0.10) | (0.03) | (0.04) | (1.15) | 0.99 | (1.82) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 29 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 120 | 133 | 127 | 120 | 163 | 159 | 53.14 | 15.58 |
| Revenue growth (YoY) | -26.2% | -16.3% | +139.3% | +672.3% | +616.2% | - | - | - |
| Other income | 2.54 | 4.89 | 4.66 | 2.39 | 6.04 | 5.99 | 2.59 | 3.96 |
| EBITDA | 38.10 | 33.63 | 32.29 | 37.23 | 27.87 | 12.85 | 7.14 | 0.59 |
| EBITDA margin | +31.8% | +25.3% | +25.4% | +30.9% | +17.1% | +8.1% | +13.4% | +3.8% |
| Depreciation | 10.65 | 8.89 | 8.38 | 6.12 | 4.65 | 3.30 | 2.77 | 1.99 |
| Interest | 12.28 | 11.74 | 10.53 | 7.74 | 4.79 | 1.77 | 2.55 | 1.13 |
| Profit before tax | 17.71 | 17.89 | 18.04 | 25.76 | 24.47 | 13.77 | 4.41 | 1.43 |
| Tax | 4.34 | 0.58 | 1.15 | (4.97) | 0.83 | 0.11 | 1.77 | 0.13 |
| Net profit | 13.37 | 17.31 | 16.89 | 30.73 | 23.64 | 13.66 | 2.64 | 1.30 |
| EPS (₹) | 0.09 | 0.71 | 0.80 | 1.69 | 1.33 | 0.74 | 0.14 | 0.07 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 543 | 250 | 131 | 253 | 765 | 304 | 719 |
| Revenue growth | +116.9% | +91.2% | -48.2% | -67.0% | +151.6% | -57.7% | - |
| Other income | 17.99 | 20.94 | 15.47 | 33.17 | 73.12 | 19.46 | 62.79 |
| Total expenses | 412 | 222 | 162 | 239 | 779 | 289 | 723 |
| Employee cost | 0.00 | 8.64 | 7.12 | 6.14 | 4.31 | 3.82 | 4.28 |
| EBITDA | 131 | 28.13 | (30.97) | 14.06 | (14.05) | 14.92 | (3.71) |
| EBITDA margin | +24.1% | +11.2% | -23.7% | +5.6% | -1.8% | +4.9% | -0.5% |
| Depreciation | 28.03 | 11.47 | 13.39 | 11.34 | 9.24 | 8.72 | 7.18 |
| Interest | 34.81 | 10.20 | 16.97 | 14.05 | 18.04 | 31.49 | 42.55 |
| Profit before tax | 86.18 | 27.40 | (45.86) | 21.84 | 31.79 | (5.83) | 9.35 |
| Tax | (2.43) | 4.11 | 5.01 | 5.08 | (5.12) | (12.61) | 3.61 |
| Net profit | 80.65 | 26.27 | 18.02 | 15.56 | 36.85 | 5.39 | 31.82 |
| Net profit margin | +14.9% | +10.5% | +13.8% | +6.2% | +4.8% | +1.8% | +4.4% |
| EPS (₹) | 4.53 | 1.21 | (3.34) | 1.13 | 2.43 | 0.45 | 0.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 179 | 179 | 154 | 138 | 134 | 120 | 120 |
| Reserves & surplus | 231 | 158 | (6.79) | (8.30) | (5.82) | (3.49) | (133) |
| Shareholders' funds (net worth) | 412 | 337 | 148 | 193 | 204 | 163 | (13.21) |
| Minority interest | 16.52 | 15.01 | 17.48 | 15.38 | 6.99 | 1.61 | 0.00 |
| Secured loans | 502 | 189 | 117 | 93.74 | 127 | 147 | 161 |
| Unsecured loans | 56.47 | 35.06 | 31.05 | 23.68 | 37.04 | 29.81 | 212 |
| Total debt | 558 | 224 | 148 | 117 | 164 | 177 | 373 |
| Total liabilities | 1,068 | 579 | 330 | 331 | 378 | 348 | 367 |
| Assets | |||||||
| Gross block | 948 | 380 | 317 | 234 | 225 | 201 | 196 |
| Net block | 858 | 315 | 257 | 187 | 190 | 174 | 178 |
| Capital work in progress | 21.88 | 129 | 24.16 | 31.02 | 3.27 | 1.02 | 0.75 |
| Investments | 40.66 | 48.23 | 0.22 | 0.00 | 0.05 | 0.27 | 0.33 |
| Inventories | 15.25 | 4.38 | 2.92 | 4.47 | 1.09 | 2.78 | 9.24 |
| Sundry debtors | 39.92 | 16.98 | 63.15 | 129 | 139 | 130 | 212 |
| Cash & bank balances | 91.54 | 84.10 | 24.75 | 22.68 | 16.08 | 33.23 | 37.20 |
| Loans & advances | 35.38 | 38.45 | 20.13 | 74.77 | 99.38 | 51.72 | 57.47 |
| Total current assets | 182 | 144 | 111 | 231 | 255 | 218 | 316 |
| Total current liabilities | 26.31 | 38.47 | 46.65 | 102 | 57.31 | 30.10 | 99.36 |
| Net working capital | 156 | 105 | 64.30 | 129 | 198 | 187 | 217 |
| Total assets | 1,068 | 579 | 330 | 331 | 378 | 348 | 367 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 84.10 | 24.75 | 22.69 | 16.08 | 33.23 | 37.20 | 35.34 |
| Net cash from operating activities | 166 | 70.77 | 60.88 | 122 | 18.90 | 52.99 | (28.77) |
| Net cash from investing activities | (437) | (159) | (81.24) | (29.76) | (23.05) | 0.56 | 57.36 |
| Net cash from financing activities | 278 | 147 | 22.43 | (85.15) | (13.00) | (57.52) | (26.73) |
| Net change in cash | 7.44 | 59.35 | 2.07 | 6.60 | (17.15) | (3.97) | 1.86 |
| Closing cash | 91.54 | 84.10 | 24.75 | 22.68 | 16.08 | 33.23 | 37.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +116.9% | +91.2% | -48.2% | -67.0% | +151.6% | -57.7% | - |
| EBITDA growth | +365.8% | +190.8% | -320.3% | +200.1% | -194.2% | +502.2% | - |
| PBT growth | +214.5% | +9998.0% | - | -31.3% | +9998.0% | - | +9998.0% |
| Net income growth | +207.0% | +45.8% | +15.8% | -57.8% | +583.7% | -83.1% | - |
| Revenue CAGR (3Y) | +29.1% | -31.1% | -24.5% | -29.5% | +13.9% | -10.0% | +5.0% |
| EBITDA CAGR (3Y) | +110.4% | - | - | - | -58.8% | - | - |
| Profitability & leverage | |||||||
| Net income margin | +16.3% | +9.3% | -38.8% | +6.6% | +4.8% | +2.2% | +0.8% |
| Return on capital employed | - | +7.9% | 0.0% | +6.2% | +8.8% | +4.1% | +16.6% |
| Return on net worth | - | +8.0% | 0.0% | +3.9% | +9.3% | +1.9% | +25.9% |
| Debt / equity | - | 0.79 | 0.78 | 0.71 | 0.93 | 3.67 | 0.00 |
| Long-term debt / equity | - | 0.66 | 0.55 | 0.44 | 0.54 | 1.27 | 0.00 |
| Interest cover | 33.80 | 61.22 | -38.26 | 516.54 | -77.46 | 507.90 | -390.73 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.72 | 0.48 | 1.10 | 3.60 | 1.53 | 3.75 |
| Inventory turnover | - | 68.61 | 35.45 | 90.87 | 395.35 | 50.59 | 104.49 |
| Debtors turnover | - | 6.25 | 1.37 | 1.89 | 5.70 | 1.78 | 2.97 |
| EPS (₹) | 4.53 | 1.21 | (3.34) | 1.13 | 2.43 | 0.45 | 0.48 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 18.94 | 9.56 | 9.40 | 9.57 | 9.71 | (1.10) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 91.84 | 96.73 | 102 | 102 | 144 | 142 | 39.02 | 4.07 |
| Revenue growth (YoY) | -36.0% | -31.7% | +161.8% | +2404.7% | +3989.7% | - | - | - |
| Other income | 4.87 | 10.45 | 5.14 | 2.76 | 5.66 | 5.37 | 2.47 | 1.81 |
| Total expenses | 81.50 | 89.72 | 86.67 | 72.19 | 124 | 137 | 33.66 | 4.87 |
| EBITDA | 10.34 | 7.01 | 15.49 | 29.75 | 19.67 | 4.85 | 5.36 | (0.80) |
| EBITDA margin | +11.3% | +7.2% | +15.2% | +29.2% | +13.7% | +3.4% | +13.7% | -19.7% |
| Depreciation | 1.12 | 1.08 | 1.06 | 0.59 | 0.65 | 0.62 | 0.58 | 0.40 |
| Interest | 0.38 | 0.34 | 0.42 | 0.24 | 0.28 | 0.30 | 0.33 | 0.29 |
| Profit before tax | 13.71 | 16.04 | 19.15 | 31.68 | 24.40 | 9.30 | 6.92 | 0.32 |
| Tax | (0.05) | 0.02 | (0.10) | (0.03) | (0.04) | (1.15) | 0.99 | (1.82) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 444 | 188 | 60.64 | 28.22 | 72.89 | 114 | 353 |
| Revenue growth | +136.2% | +210.2% | +114.9% | -61.3% | -36.0% | -67.7% | - |
| Other income | 24.01 | 19.31 | 4.36 | 35.64 | 19.67 | 8.49 | 26.38 |
| Total expenses | 372 | 179 | 50.91 | 57.15 | 269 | 117 | 358 |
| Employee cost | 0.00 | 8.01 | 6.83 | 5.38 | 4.04 | 3.64 | 3.94 |
| EBITDA | 71.92 | 8.67 | 9.73 | (28.93) | (196) | (2.69) | (4.87) |
| EBITDA margin | +16.2% | +4.6% | +16.1% | -102.5% | -269.4% | -2.4% | -1.4% |
| Depreciation | 3.38 | 2.02 | 1.72 | 1.46 | 0.58 | 0.67 | 0.67 |
| Interest | 1.28 | 1.36 | 1.61 | 1.20 | 3.79 | 14.98 | 20.03 |
| Profit before tax | 91.27 | 24.60 | 10.76 | 4.05 | (181) | (9.85) | 0.81 |
| Tax | (0.13) | (0.01) | (0.09) | (0.18) | 0.07 | 0.12 | 0.20 |
| Net profit | 96.21 | 29.02 | 10.85 | 4.23 | (177) | (9.97) | 28.45 |
| Net profit margin | +21.7% | +15.4% | +17.9% | +15.0% | -243.0% | -8.8% | +8.1% |
| EPS (₹) | 5.12 | 1.38 | 0.70 | 0.31 | (13.47) | (0.83) | 0.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 179 | 179 | 154 | 138 | 134 | 120 | 120 |
| Reserves & surplus | 263 | 171 | (9.13) | (27.87) | (45.18) | 95.82 | 106 |
| Shareholders' funds (net worth) | 444 | 350 | 148 | 190 | 215 | 387 | 226 |
| Secured loans | 2.60 | 3.27 | 1.45 | 1.70 | 3.05 | 10.61 | 3.33 |
| Unsecured loans | 6.83 | 2.87 | 17.97 | 2.93 | 8.78 | 4.61 | 202 |
| Total debt | 9.43 | 6.14 | 19.42 | 4.63 | 11.83 | 15.22 | 206 |
| Total liabilities | 455 | 357 | 168 | 196 | 227 | 403 | 432 |
| Assets | |||||||
| Gross block | 27.79 | 21.40 | 16.97 | 16.33 | 10.09 | 19.85 | 19.27 |
| Net block | 16.72 | 13.68 | 10.93 | 12.01 | 7.19 | 17.43 | 17.18 |
| Capital work in progress | 3.86 | 0.00 | 0.00 | 0.00 | 0.00 | 0.88 | 0.75 |
| Investments | 277 | 188 | 102 | 109 | 87.58 | 230 | 224 |
| Inventories | 15.25 | 4.38 | 2.92 | 0.98 | 1.09 | 2.78 | 9.24 |
| Sundry debtors | 15.49 | 44.60 | 9.77 | 10.60 | 29.09 | 54.55 | 67.61 |
| Cash & bank balances | 39.04 | 35.55 | 13.74 | 14.14 | 3.62 | 6.71 | 14.38 |
| Loans & advances | 159 | 91.46 | 27.35 | 74.46 | 100 | 119 | 165 |
| Total current assets | 229 | 176 | 53.78 | 100 | 134 | 184 | 257 |
| Total current liabilities | 74.93 | 29.77 | 5.59 | 30.25 | 5.33 | 34.66 | 70.26 |
| Net working capital | 154 | 146 | 48.19 | 69.93 | 129 | 149 | 186 |
| Total assets | 455 | 357 | 168 | 196 | 227 | 403 | 432 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 35.55 | 13.74 | 14.14 | 3.62 | 6.71 | 14.38 | 9.34 |
| Net cash from operating activities | 148 | (23.90) | (25.55) | 44.61 | (27.60) | 28.76 | (11.21) |
| Net cash from investing activities | (143) | (117) | 3.98 | 5.18 | 23.36 | (2.21) | 10.36 |
| Net cash from financing activities | (1.24) | 162 | 21.16 | (39.27) | 1.15 | (34.22) | 5.89 |
| Net change in cash | 3.49 | 21.82 | (0.41) | 10.52 | (3.08) | (7.68) | 5.04 |
| Closing cash | 39.04 | 35.55 | 13.74 | 14.14 | 3.62 | 6.71 | 14.38 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +136.2% | +210.2% | +114.9% | -61.3% | -36.0% | -67.7% | - |
| EBITDA growth | +729.5% | -10.9% | +133.6% | +85.3% | -7200.0% | +44.8% | - |
| PBT growth | +271.0% | +128.6% | +165.7% | +9998.0% | -1738.3% | - | -91.7% |
| Net income growth | +231.5% | +167.5% | +156.5% | +102.4% | -1676.2% | -135.0% | - |
| Revenue CAGR (3Y) | +150.7% | +37.2% | -18.9% | -56.9% | -23.6% | +34.4% | +87.0% |
| EBITDA CAGR (3Y) | - | - | - | +81.1% | - | - | - |
| Profitability & leverage | |||||||
| Net income margin | +20.6% | +13.1% | +17.9% | +15.0% | -248.5% | -8.8% | +0.2% |
| Return on capital employed | - | +6.5% | +3.3% | +1.8% | 0.0% | +1.2% | +11.7% |
| Return on net worth | - | +6.4% | +3.0% | +1.5% | 0.0% | -3.3% | +12.6% |
| Debt / equity | - | 0.05 | 0.07 | 0.04 | 0.04 | 0.36 | 0.86 |
| Long-term debt / equity | - | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Interest cover | 1.87 | 20.45 | 20.10 | -3.95 | -1.92 | -445.83 | -361.55 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 9.81 | 3.64 | 2.14 | 4.87 | 5.82 | 19.22 |
| Inventory turnover | - | 51.54 | 31.10 | 27.27 | 37.67 | 18.95 | 51.24 |
| Debtors turnover | - | 6.92 | 5.95 | 1.42 | 1.74 | 1.86 | 5.68 |
| EPS (₹) | 5.12 | 1.38 | 0.70 | 0.31 | (13.47) | (0.83) | 0.05 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 19.57 | 9.41 | 7.98 | 6.64 | 17.99 | 18.82 |
To see the full year-wise statements and ratios of Ravindra Energy Limited, buy the company report.
Board of directors of Ravindra Energy Limited
Ravindra Energy has 8 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sidram Meleppa Kaluti | Director | 14 Aug 2020 | 6 Years 2 Months | Current |
| Vidya Madhusudan Murkumbi | Whole-Time Director | 14 Aug 2014 | 12 Years 2 Months | Current |
| Shantanu Lath | Whole-Time Director | 11 Aug 2020 | 6 Years 2 Months | Current |
| Ramesh Abhishek Also directs: Indus Towers Limited, Aditya Birla Sun Life Amc Limited, Nuvama Wealth Finance Limited and 2 more | Director | 03 Nov 2022 | 3 Years 11 Months | Current |
| Narendra Madhusudan Murkumbi Also directs: Monadita Realty LLP, Energy in Motion Limited, Rel Rural Warehousing Limited and 3 more | Director | 29 Jun 2020 | 6 Years 4 Months | Current |
| Apurva Chandra | Additional Director | 05 Nov 2025 | 0 Years 11 Months | Current |
Showing 6 of 8 current directors. View all directors
Auditor
Ravindra Energy Limited is audited by P Ishwara bhat & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P Ishwara bhat & Co | FY 2023 | 001156S |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.30%, foreign institutional investors hold 3.30%, domestic institutional investors hold 3.00% and retail and other public shareholders hold 35.50%.
Sep 2026
QUARTER
58.30% Promoters
3.00% DII (Domestic Institutional)
3.30% FII (Foreign Institutional)
35.50% Retail & Others
Promoter holding - history
Now 58.30% · Sep 2026High 64.80% · Dec 2025Low 58.30% · Sep 2026
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.30% | 63.70% | 64.80% | 64.80% |
| Public | 41.70% | 36.30% | 35.20% | 35.20% |
Charges & borrowings
Open charges
₹999.75 Cr
Satisfied charges
₹97.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2026 | 101326617 | Sbicap Trustee Company Limited | ₹6.11 Cr | Open | |
| 19 May 2026 | 101294475 | State Bank of India | ₹6.11 Cr | Open | |
| 11 May 2026 | 101298114 | State Bank of India | ₹4.95 Lakh | Open | |
| 15 Apr 2026 | 101287632 | Sbicap Trustee Company Limited | ₹6.85 Cr | Open | |
| 15 Apr 2026 | 101287619 | Sbicap Trustee Company Limited | ₹18.83 Cr | Open |
To see the full charge records of Ravindra Energy Limited, buy the company report.
Total charge records: 65 View all charges
Deals & funding
Ravindra Energy Limited has 7 deals on record (5 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹54.75 Cr; the latest was in June 2026.
Total deals
7
Market trades
5
Acquisition
1
Funding round
1
Disclosed funding
₹54.75 Cr
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2026 | Market trade | ₹26.16 Cr | Seller: Khandepar Investments Private Limited |
| Mar 2026 | Market trade | ₹13.82 Cr | Seller: Khandepar Investments Private Limited |
| Mar 2021 | Funding round | ₹54.75 Cr | Investors: Khandepar Investments Private Limited , an individual |
| Aug 2018 | Market trade | ₹114.54 Cr | Buyer: an individual Seller: MTM Trading Private Limited |
| Aug 2008 | Acquisition | ₹46.4 Lakh | Buyer: MTM Trading Private Limited |
To see the full deal history of Ravindra Energy 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
Ravindra Energy Limited has 23 court cases on record: 15 filed by Ravindra Energy, 8 filed against it. 2 cases are pending and 21 are disposed.
Total cases
23
Filed by the company
15
Filed against the company
8
Pending
2
Disposed
21
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 3 | 2 |
| District courts | 6 | 5 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, KARNATAKA | Interim or miscellaneous application | Filed by the company against Karnataka Renewable Energy Development Ltd., | Disposed |
| Bombay High Court | Writ petition | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Pending |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed by the company against an individual | Disposed |
| District court, BELAGAVI, Karnataka | Court case (P and SC) | Filed against the company by an individual | Disposed |
To see the full case history of Ravindra Energy 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.
Credit ratings & regulatory alerts
Ravindra Energy Limited was last rated by Icra on 08 Feb 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 08 Feb 2019 |
To see the full credit ratings and regulatory alerts of Ravindra Energy Limited, buy the company report.
MSME payment delays
Ravindra Energy Limited has 5 MSME Form 1 returns on record between 2019 and 2022, listing 112 overdue payments to 43 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 43)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Ravindra Energy Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ravindra Energy has 9 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
9
Subsidiary companies
1
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Prerak Greentech Solar Private Limited | U40106DL2022PTC395812 | |
| Ravindra Energy Knsp1 Private Limited | U40106KA2022PTC158043 | |
| Rel Kumbhari Solar Project 1 Private Limited | U40106KA2022PTC165107 | |
| Rel Kumbhari Solar Project 2 Private Limited | U40106KA2022PTC165263 | |
| Rel Kumbhari Solar Project 3 Private Limited | U40106KA2022PTC165813 | |
| Rel Kumbhari Solar Project 5 Private Limited | U40108KA2022PTC168060 |
To see the full group structure of Ravindra Energy Limited, buy the company report.
Employees & EPFO
Ravindra Energy Limited has a workforce of 78 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
78
Active EPFO establishments
1
Employee growth
11.43%
GST
Ravindra Energy has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACR2065D1ZM | Karnataka | Active | 01 Jul 2017 |
| 27AAACR2065D1ZQ | Maharashtra | Active | 01 Jul 2017 |
| 09AAACR2065D1ZO | Uttar Pradesh | Active | 23 Jan 2019 |
To see the full GST registrations and return filing status of Ravindra Energy Limited, buy the company report.
Recent activity
Ravindra Energy Limited has 49 board changes on record since 1985: 29 appointments and 20 cessations. The latest: Robert Taylor ceased to be Director on 27 Nov 2025.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 6.11 Cr with Charge ID 101326617 was registered on 19 Jun 2026.
Charges
A charge with State Bank Of India amounted to Rs. 6.11 Cr with Charge ID 101294475 was registered on 19 May 2026.
Charges
A charge with State Bank Of India amounted to Rs. 0.05 Cr with Charge ID 101298114 was registered on 11 May 2026.
Charges
A charge registered on 03 Mar 2021 via Charge ID 100450842 with Others was fully satisfied on 28 Apr 2026.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 6.85 Cr with Charge ID 101287632 was registered on 15 Apr 2026.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 18.83 Cr with Charge ID 101287619 was registered on 15 Apr 2026.
Charges
A charge with Others of Rs. 78.61 Cr registered on 18 Nov 2025 with Charge ID 101198066 was modified on 13 Apr 2026.
Filing
Ravindra Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 18.83 Cr with Charge ID 101262644 was registered on 28 Mar 2026.
Charges
A charge with State Bank Of India amounted to Rs. 6.85 Cr with Charge ID 101237944 was registered on 13 Feb 2026.
Charges
A charge with Others of Rs. 78.61 Cr registered on 18 Nov 2025 with Charge ID 101193297 was modified on 03 Feb 2026.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 2.99 Cr with Charge ID 101232423 was registered on 29 Jan 2026.
128 earlier events are in the company report.
News
Ravindra Energy: Board Greenlights Merger With Energy In Motion.
Frequently asked questions
Ravindra Energy is an active public limited company based in Belgaum, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 28 May 1980 (46+ years old) and is registered under CIN L40104KA1980PLC075720. Listed on BSE: 504341 and NSE: RELTD.
Ravindra Energy reported revenue of ₹543.2 Cr for FY 2025-26 (up 116.9% YoY) based on consolidated financials.
Ravindra Energy has 8 current directors:
- Vidya Madhusudan Murkumbi - Whole-Time Director
- Shantanu Lath - Whole-Time Director
- Sidram Meleppa Kaluti - Director
- Ramesh Abhishek - Director
- Narendra Madhusudan Murkumbi - Director
- Apurva Chandra - Additional Director
- Poonam Mohit Lahoty - Director
- Vinay Sadashiv Namjoshi - Director
The latest financial statements of Ravindra Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 27 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ravindra Energy is 29AAACR2065D1ZM, registered in Karnataka. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACR2065D1ZQ (Maharashtra), 09AAACR2065D1ZO (Uttar Pradesh).
The CIN (Corporate Identification Number) of Ravindra Energy is L40104KA1980PLC075720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ravindra Energy is a listed company as per MCA records. Its shares are listed on both BSE (code: 504341) and NSE (symbol: RELTD).
Ravindra Energy has 23 court cases on record: 15 filed by the company and 8 filed against it. 2 are pending. Most are in the high courts.
Ravindra Energy was incorporated on 28 May 1980, making it 46+ years old. It is registered with the Registrar of Companies, Bangalore.
Ravindra Energy has 7 deals on record (5 market trades, 1 acquisition, 1 funding round), with disclosed funding of ₹54.75 Cr; the latest was in June 2026.
Robert Taylor ceased to be Director on 27 Nov 2025. Apurva Chandra was appointed as Additional Director on 05 Nov 2025. Vishwanath Ladalemohan Mathur ceased to be Director on 31 Dec 2024. Ravindra Energy has 49 board changes on record in total.