MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0069549
Reconnect Energy Solutions Limited - environment in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2026
₹72.09 Cr
▲ 39% YoY
Net profit · FY 2026
₹4.28 Cr
Net margin 5.9%
EBITDA · FY 2026
₹9.51 Cr
EBITDA margin 13.2%
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹14.94 Cr
Issued & subscribed
Open charges
₹78.51 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
157
Provident fund records
About Reconnect Energy Solutions Limited
Data last updated:
Reconnect Energy Solutions Limited is a public limited company based in Bengaluru, Karnataka, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 22 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72100KA2010PLC156244. Its GSTIN is 29AAFCR0074H3ZA (Karnataka). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹14.94 Cr. It was formerly known as Reconnect Energy Solutions Private Limited. It is led by directors including Vishalkumar Harshadbhai Pandya (Managing Director) and Shyam Menon.
Its last annual general meeting (AGM) was held on 10 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at V K Kalyani No. 22 7th Floor Sankey Road, Bengaluru, Karnataka, India – 560020.
As per the financials filed for FY 2026, the company reported a revenue of ₹72.09 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹4.28 Cr (net margin 5.9%) and EBITDA of ₹9.51 Cr (EBITDA margin 13.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 26% over five years.
The company has about 157 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Reconnect Energy. As per MCA filings, the company has open charges of ₹78.51 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending. The company has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in September 2014. The company has 7 MSME Form 1 returns on record between 2022 and 2024, listing 15 overdue payments to 7 micro and small suppliers.
Reconnect Energy Solutions Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0069549). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website reconnectenergy.com.
Company details
CIN U72100KA2010PLC156244
Registration Number 156244
Incorporation Date 22 September 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 10 June 2026
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0069549
CIN history
Reconnect Energy Solutions has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72100KA2010PLC156244, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72100KA2010PLC156244 | Current |
| U40100MP2010PTC024384 | Previous |
| U72100MP2010PLC024384 | Previous |
Key People
Vishalkumar Harshadbhai Pandya Managing Director Shyam Menon Director Starlene Sharma Director Recognitions & Rankings of Reconnect Energy Solutions
Contact details
Reconnect Energy Solutions Limited's registered office is in Bengalore, Karnataka. Its website is reconnectenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressV K Kalyani No. 22 7th Floor Sankey Road, Bengaluru, Karnataka, India – 560020
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Reconnect Energy Solutions Limited, buy the company report.
Comprehensive company report
Reconnect Energy Solutions 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
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Brands
Reconnect Energy Solutions operates one associated brand: Reconnect Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud and AI-based marketplace for renewable energy trading is provided. | reconnectenergy.com |
Business activity
The main business activities of Reconnect Energy Solutions are trade and professional, scientific and technical. In detail, this covers wholesale trading and other professional, scientific and technical activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Reconnect Energy Solutions Limited, buy the company report.
Financials of Reconnect Energy Solutions Limited
FY 2026 filings availableReconnect Energy Solutions Limited reported revenue of ₹72.09 Cr (up 39% YoY) for FY 2026.
Revenue · FY 2026
₹72.09 Cr ▲ 39%
Net profit · FY 2026
₹4.28 Cr margin 5.9%
EBITDA · FY 2026
₹9.51 Cr margin 13.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 33%
5 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 1%
3 years · compounded
▲ 41%
5 years · compounded
▼ 2%
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 39% growth in the latest year. EBITDA rose 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.28 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.2% | ||||
| Net Profit Margin | 5.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Reconnect Energy Solutions Limited, buy the company report.
Board of directors of Reconnect Energy Solutions Limited
Reconnect Energy Solutions has 5 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishalkumar Harshadbhai Pandya | Managing Director | 18 Oct 2010 | 16 Years 0 Months | Current |
| Shyam Menon Also directs: Clickpower India Limited, India Innovation Capital Management LLP, India Innovation Advisors LLP and 1 more | Director | 21 Jun 2021 | 5 Years 4 Months | Current |
| Starlene Sharma Also directs: Green Artha Innovations LLP, Civic Innovation Foundation | Director | 10 Aug 2021 | 5 Years 2 Months | Current |
| Vibhav Nuwal Also directs: Clickpower India Limited, Reconnect Energy Foundation | Director | 22 Sep 2010 | 16 Years 1 Months | Current |
| Geeta Tolia | Director | 30 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Reconnect Energy Solutions Limited is audited by Fadnis & Gupte LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Fadnis & Gupte LLP | FY 2025 | 006600C/ C400324 |
Shareholding
The shareholding of Reconnect Energy Solutions Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Reconnect Energy Solutions Limited, buy the company report.
Charges & borrowings
Open charges
₹78.51 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Oct 2025 | 101183383 | State Bank of India | ₹11 Cr | Open | |
| 24 Sep 2025 | 101170060 | Others | ₹1 Lakh | Open | |
| 22 Mar 2024 | 100899161 | Others | ₹7.5 Cr | Open | |
| 15 Jun 2020 | 100343793 | Others | ₹50 Cr | Open | |
| 19 Mar 2018 | 100215207 | Others | ₹10 Cr | Open |
To see the full charge records of Reconnect Energy Solutions Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Reconnect Energy Solutions Limited has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in September 2014.
Total deals
4
Funding rounds
3
Secondary share transfer
1
Disclosed funding
₹2.4 Cr
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Funding round · Series B | ₹2 Cr | Investors: Infuse Ventures |
| May 2014 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| Mar 2012 | Funding round · Series A | ₹32.5 Lakh | Investors: 4 individuals |
To see the full deal history of Reconnect Energy Solutions 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
Reconnect Energy Solutions Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Total cases
4
Filed against the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 4 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by Talettutayi Solar Projects Private Limited | Pending |
| High Court for State of Telangana | Writ petition | Filed against the company by Talettutayi Solar Projects Private Limited | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Arthvayu Power Pvt. Ltd. Through Its Director and 3 others | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Amj Land Holdings Ltd and 1 other | Pending |
To see the full case history of Reconnect Energy Solutions 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
Reconnect Energy Solutions Limited has 7 MSME Form 1 returns on record between 2022 and 2024, listing 15 overdue payments to 7 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 7)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Energyoptimaa Consultant Private Limited | |||
| Cheenu Enterprises | |||
| an individual supplier | |||
| Remon Solutions Private Limited | |||
| Star Oxochem Private Limited |
To see the full MSME payment records of Reconnect Energy Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Reconnect Energy Solutions has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Clickpower India Limited | U40109KA2022PLC161650 | |
| Reconnect Energy Foundation | U85300KA2022NPL163659 |
To see the full group structure of Reconnect Energy Solutions Limited, buy the company report.
Employees & EPFO
Reconnect Energy Solutions Limited has a workforce of 157 employees on its EPFO records as of Feb 04, 2026, across 1 active EPFO establishment.
Employee count
157
Active EPFO establishments
1
Employee growth
6.08%
GST
Reconnect Energy Solutions has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
5
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCR0074H3ZA | Karnataka | Active | 17 Mar 2018 |
| 06AAFCR0074H1ZK | Haryana | Active | 01 Jul 2017 |
| 27AAFCR0074H1ZG | Maharashtra | Active | 08 Jul 2017 |
| 20AAFCR0074H1ZU | Jharkhand | Active | 11 Jul 2023 |
To see the full GST registrations and return filing status of Reconnect Energy Solutions Limited, buy the company report.
Recent activity
Reconnect Energy Solutions Limited has 12 board changes on record since 2010: 5 appointments and 7 cessations. The latest: Shekar Viswanathan ceased to be Additional Director on 24 May 2022.
Charges
A charge with Others of Rs. 50.00 Cr registered on 15 Jun 2020 with Charge ID 100343793 was modified on 06 Oct 2026.
Charges
A charge with State Bank Of India of Rs. 11.00 Cr registered on 28 Oct 2025 with Charge ID 101183383 was modified on 31 Aug 2026.
AGM
Reconnect Energy Solutions Limited last Annual general meeting of members was held on 10 Jun 2026 as per latest MCA records.
Filing
Reconnect Energy Solutions 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. 11.00 Cr with Charge ID 101183383 was registered on 28 Oct 2025.
Charges
A charge with Others amounted to Rs. 0.01 Cr with Charge ID 101170060 was registered on 24 Sep 2025.
Charges
A charge with Others amounted to Rs. 7.50 Cr with Charge ID 100899161 was registered on 22 Mar 2024.
Ceased
Shekar Viswanathan ceased to be Additional Director.
Ceased
Geeta Prafullachandra Tolia ceased to be Additional Director.
Ceased
Shrikrishna Anant Khaparde ceased to be Additional Director.
Ceased
Starlene Sharma ceased to be Additional Director.
Appointed
Geeta Tolia was appointed as Director.
10 earlier events are in the company report.
Frequently asked questions
Reconnect Energy Solutions is an active public limited company based in Bengaluru, Karnataka, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 22 September 2010 (16+ years old) and is registered under CIN U72100KA2010PLC156244.
Reconnect Energy Solutions has 5 current directors:
- Vishalkumar Harshadbhai Pandya - Managing Director
- Shyam Menon - Director
- Starlene Sharma - Director
- Vibhav Nuwal - Director
- Geeta Tolia - Director
The latest financial statements of Reconnect Energy Solutions on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Reconnect Energy Solutions is 29AAFCR0074H3ZA, registered in Karnataka. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 06AAFCR0074H1ZK (Haryana), 27AAFCR0074H1ZG (Maharashtra), 20AAFCR0074H1ZU (Jharkhand).
The CIN (Corporate Identification Number) of Reconnect Energy Solutions is U72100KA2010PLC156244. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Reconnect Energy Solutions has 4 court cases on record: 4 filed against it. 4 are pending.
Reconnect Energy Solutions was incorporated on 22 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Reconnect Energy Solutions has 4 deals on record (3 funding rounds, 1 secondary share transfer), with disclosed funding of ₹2.4 Cr; the latest was in September 2014.
Shekar Viswanathan ceased to be Additional Director on 24 May 2022. Geeta Prafullachandra Tolia ceased to be Additional Director on 13 Sep 2021. Shrikrishna Anant Khaparde ceased to be Additional Director on 13 Sep 2021. Reconnect Energy Solutions has 12 board changes on record in total.
Yes, Reconnect Energy Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0069549).
Reconnect Energy Solutions has 7 MSME Form 1 returns on record between 2022 and 2024, listing 15 overdue payments to 7 micro and small suppliers. The latest return was filed on 30 Apr 2024.
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