About Renew Solar Services Private Limited
Data last updated:
Renew Solar Services Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Renew Green Energy Solutions Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 04 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2013PTC250258. Its GSTIN is 08AAGCR3399N1ZK (Rajasthan). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.56 Cr. It was formerly known as Renew Wind Energy (Vaspet 4) Private Limited. It is led by directors including Deepak Gupta and Manoranjan Khuntia.
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 Chamber – II Bikaji Cama Place, New Delhi, Delhi, India – 110066.
As per the financials filed for FY 2025, the company reported a revenue of ₹691.1 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹13.7 Cr (net margin 2%) and EBITDA of ₹86.1 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 23% over five years.
The company is associated with 2 brands: ReNew and ReNew Power.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website renewpower.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address138 Ansal Chamber – II Bikaji Cama Place, New Delhi, Delhi, India – 110066
- IndustryEnvironment, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Renew Solar Services Private Limited
Renew Solar Services operates two associated brands: ReNew and ReNew Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Utility-scale renewable energy generation and decarbonization solutions are provided. | renew.com | |
| Utility-scale wind and solar energy projects are developed and distributed. | renewpower.in |
Business Activity of Renew Solar Services Private Limited
The main business activity of Renew Solar Services is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Renew Solar Services Private Limited FY 2025 filings available
Renew Solar Services Private Limited reported revenue of ₹691.1 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Renew Solar Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 12% growth in the latest year. EBITDA rose 242% 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 of Renew Solar Services Private Limited
| 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 | ₹86.1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.7 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 of Renew Solar Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Renew Solar Services are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Renew Solar Services Private Limited
Renew Solar Services has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Gupta Also directs: Gadag Transmission Limited, Renew Wind Energy (Jamb) Private Limited, Renew Wind Energy (MP) Private Limited and 5 more | Director | 02 Jul 2024 | 2 Years 3 Months | Current |
| Manoranjan Khuntia | Director | 25 May 2022 | 4 Years 4 Months | Current |
| Rahul Dwivedi Also directs: Renew Solar (Shakti Four) Private Limited, Heramba Renewables Limited, Ostro Dakshin Power Private Limited and 5 more | Additional Director | 20 Nov 2024 | 1 Years 11 Months | Current |
| Govindaraju Bharathidasan | Additional Director | 04 Feb 2025 | 1 Years 8 Months | Current |
Peer Comparison of Renew Solar Services Private Limited
Renew Solar Services Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Listenlights Private Limited | ₹714.58 Cr (FY 2025) | •••• | •••• | 71.0% | •••• | Mumbai, Maharashtra, India |
| Energyedge Power Trading Private Limited | ₹713.89 Cr (FY 2025) | •••• | •••• | 1942.0% | •••• | Bangalore, Karnataka, India |
| Aei New Energy Trading Private Limited | ₹707.1 Cr (FY 2025) | •••• | •••• | 1584.0% | •••• | New Delhi, Delhi, India |
| KP Green Engineering Limited | ₹702.01 Cr (FY 2025) | •••• | •••• | 99.0% | •••• | Surat, Gujarat, India |
| Angelique International Limited | ₹698.61 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | New Delhi, Delhi, India |
| Renew Solar Services Private Limited this company | ₹691.1 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Indian Cables and Electricals Private Limited | ₹669.86 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Pune, Maharashtra, India |
| Solex Energy Limited Listed | ₹663.64 Cr (FY 2025) | •••• | •••• | 80.0% | •••• | Surat, Gujarat, India |
| BGR Energy Systems Limited Listed | ₹662.64 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Tada, Andhra Pradesh, India |
| GMR Energy Trading Limited | ₹657.5 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Bangalore, Karnataka, India |
| Oswal Cables Ltd | ₹638.9 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Renew Solar Services by revenue in the Power industry (EPC, BoP and BTG, Power Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Renew Solar Services Private Limited
Renew Solar Services Private Limited is audited by B D G & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B D G & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Renew Solar Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Renew Solar Services Private Limited
Renew Solar Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
MSME Payment Delays by Renew Solar Services Private Limited
Renew Solar Services Private Limited has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,534 overdue payments to 194 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 194)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Irclass Systems and Solutions Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Classic Car Rental Services Private Limited | •••• | •••• | •••• |
| Pro-Team Solutions Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 16 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Renew Solar Services Private Limited
Employment history and EPFO contributions of people linked to Renew Solar Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Renew Solar Services Private Limited
Renew Solar Services Private Limited has 14 board changes on record since 2014: 4 appointments and 10 cessations. The latest: Govindaraju Bharathidasan was appointed as Additional Director on 04 Feb 2025.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Renew Solar Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Renew Solar Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Renew Solar Services Private Limited
Renew Solar Services has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AAGCR3399N1ZK | Rajasthan | Active | 07 Aug 2018 |
| 29AAGCR3399N1ZG | Karnataka | Active | 21 Aug 2018 |
| 27AAGCR3399N1ZK | Maharashtra | Active | 30 Nov 2018 |
| 23AAGCR3399N1ZS | Madhya Pradesh | Active | 08 May 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Renew Solar Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Related news about Renew Solar Services Private Limited
Frequently Asked Questions about Renew Solar Services Private Limited
Renew Solar Services is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 04 April 2013 (13+ years old) and is registered under CIN U40106DL2013PTC250258.
Renew Solar Services reported revenue of ₹691.1 Cr for FY 2025 (up 12% YoY).
Renew Solar Services has 4 current directors:
- Deepak Gupta - Director
- Manoranjan Khuntia - Director
- Rahul Dwivedi - Additional Director
- Govindaraju Bharathidasan - Additional Director
Renew Solar Services reported a net profit of ₹13.7 Cr (net margin 2%) and EBITDA of ₹86.1 Cr (EBITDA margin 12.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Renew Solar Services is 20% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Renew Solar Services is 08AAGCR3399N1ZK, registered in Rajasthan. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAGCR3399N1ZG (Karnataka), 27AAGCR3399N1ZK (Maharashtra), 23AAGCR3399N1ZS (Madhya Pradesh).
The CIN (Corporate Identification Number) of Renew Solar Services is U40106DL2013PTC250258. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Renew Solar Services was incorporated on 04 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Renew Solar Services by revenue are Listenlights Private Limited, Energyedge Power Trading Private Limited, Aei New Energy Trading Private Limited, KP Green Engineering Limited, Angelique International Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Trading).
Govindaraju Bharathidasan was appointed as Additional Director on 04 Feb 2025. Rahul Dwivedi was appointed as Additional Director on 20 Nov 2024. Deepak Gupta ceased to be Additional Director on 29 Sep 2024. Renew Solar Services has 14 board changes on record in total.
Renew Solar Services has 16 MSME Form 1 returns on record between 2019 and 2024, listing 1,534 overdue payments to 194 micro and small suppliers. The latest return was filed on 01 May 2024.
Renew Solar Services can be reached through the website renewpower.in. Its registered office is in New Delhi, Delhi, India.