- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-20-0027841

About Renewable Energy Systems Limited
Data last updated:
Renewable Energy Systems Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 08 March 1985 and has been in existence for over 41 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40106TG1985PLC005358. Its GSTIN is 36AABCR1367D1ZN (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹6.14 Cr. It was formerly known as Renewable Energy Systems Private Limited. It is led by directors including Devarakonda Suresh Kumar and Bhushana Prasad Mukkamala.
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 D – 13 Phase – V I D A Jeedimetla, Hyderabad, Telangana, India – 500055.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.73 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net profit of ₹60.48 Lakh (net margin 3.8%) and EBITDA of ₹3.65 Cr (EBITDA margin 23.2%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years.
The company has about 68 employees on its provident fund (EPFO) records.
The company is associated with 10 brands, including Emerald Solar Park, Solwaybank Wind Farm, Corshellach-Energystorage, Dulacca Renewable Energy, Longcroft Wind Farm and others. As per MCA filings, the company has open charges of ₹43.72 Cr and satisfied charges of ₹120.22 Cr on record. Court records list 63 cases involving the company, including 42 filed by the company and 21 filed against it; 4 cases are pending.
Renewable Energy Systems Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0027841). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website res-group.com.
Company details
CIN history
Renewable Energy Systems has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40106TG1985PLC005358, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106TG1985PLC005358 | Current |
| L40106TG1985PLC005358 | Previous |
| L40106AP1985PLC005358 | Previous |
| L40106AP1985PTC005358 | Previous |
Recognitions & Rankings of Renewable Energy Systems
Contact details
Renewable Energy Systems Limited's registered office is in Hyderabad, Telangana. Its website is res-group.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressD – 13 Phase – V I D A Jeedimetla, Hyderabad, Telangana, India – 500055
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Renewable Energy Systems 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
Renewable Energy Systems operates multiple associated brands including Emerald Solar Park, Solwaybank Wind Farm, and Corshellach-Energystorage. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a solar farm in Queensland, generating electricity and reducing emissions via power purchase agreements. | emerald-solar.com.au | |
| Develops battery energy storage projects for renewable energy and grid management. | corshellach-energystorage.co.uk | |
| Develops renewable energy projects including wind and solar farms in Australia. | dulacca-renewableenergy.com.au | |
| Develops wind farms to produce clean renewable energy for homes and communities. | longcroft-windfarm.co.uk | |
| Development and operation of renewable energy projects are conducted. | res-group.com | |
| Onshore wind farm operations and maintenance services are provided. | blaryhill-windfarm.co.uk | |
| Wind power is generated independently as a core activity. | craiggore-windfarm.co.uk | |
| Operates wind farm to produce clean energy and provide community benefits. | solwaybank-windfarm.co.uk | |
| Develops energy storage facilities to store and release electricity for grid management. | spennymoor-energystorage.co.uk | |
| Develops and manages energy storage projects for grid stability and renewables. | holmstonfarm-energystorage.co.uk |
Business activity
The main business activity of Renewable Energy Systems is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Renewable Energy Systems Limited, buy the company report.
Financials of Renewable Energy Systems Limited
FY 2025 filings availableRenewable Energy Systems Limited reported revenue of ₹15.73 Cr (down 57% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 11% over three years, including a 57% fall in the latest year. EBITDA rose 2% 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 | ₹3.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹60.48 Lakh | ||||
| 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 | 23.2% | ||||
| Net Profit Margin | 3.8% | ||||
| 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 Renewable Energy Systems Limited, buy the company report.
Board of directors of Renewable Energy Systems Limited
Renewable Energy Systems has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devarakonda Suresh Kumar | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Bhushana Prasad Mukkamala | Director | 28 Apr 2023 | 3 Years 5 Months | Current |
| Narasinga Rao Gurubhagavatula Also directs: Terra Scientific Private Limited | Director | 31 Mar 2001 | 25 Years 6 Months | Current |
Auditor
Renewable Energy Systems Limited is audited by mahadevan & co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| mahadevan & co | FY 2023 | 001925S |
Shareholding
The shareholding of Renewable Energy Systems 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 Renewable Energy Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jan 2025 | 101047450 | Others | ₹10 Cr | Open | |
| 23 Jan 1997 | 90123897 | Indusind Bank Ltd | ₹15.15 Cr | Open | |
| 23 Aug 1995 | 80058376 | Indian Renewable Energy Development Agency Ltd | ₹60 Lakh | Open | |
| 23 Aug 1995 | 90120883 | Rani Leasings and Finance Ltd | ₹8.34 Cr | Open | |
| 06 Jan 1994 | 90120664 | Can Bank Financial Serveces Ltd | ₹25.22 Lakh | Open |
To see the full charge records of Renewable Energy Systems Limited, buy the company report.
Total charge records: 41 View all charges
Legal cases
Renewable Energy Systems Limited has 63 court cases on record: 42 filed by Renewable Energy Systems, 21 filed against it. 4 cases are pending and 59 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 50 | 11 | 3 |
| District courts | 11 | 9 | 1 |
| Supreme Court | 2 | 1 | 0 |
Cases on record (5 of 63)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (OMP (ENF.) (COMM.)) | Filed by the company against Bharat Sanchar Nigam Ltd. | Pending |
| High Court, TELANGANA | Court case (CCCA) | Filed against the company by Transport Corporation of India Ltd | Pending |
| High Court of Delhi | Court case (FAO(OS)) | Filed by the company against Bharat Sanchar Nigam Ltd & Anr | Disposed |
| High Court, TELANGANA | Revision petition | Filed against the company by M/S. Nile Ltd., | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Andromeda Energy Technologies Private Limited, | Disposed |
To see the full case history of Renewable Energy Systems 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
No delayed payments to MSME suppliers are on our record for Renewable Energy Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Renewable Energy Systems has 1 associated company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
Employees & EPFO
Renewable Energy Systems Limited has a workforce of 68 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Renewable Energy Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCR1367D1ZN | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Renewable Energy Systems Limited, buy the company report.
Recent activity
Renewable Energy Systems Limited has 12 board changes on record since 2001: 3 appointments and 9 cessations. The latest: Devarakonda Suresh Kumar ceased to be Additional Director on 29 Dec 2024.
92 earlier events are in the company report.
News
Frequently asked questions
Renewable Energy Systems is an active public limited company based in Hyderabad, Telangana, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 08 March 1985 (41+ years old) and is registered under CIN U40106TG1985PLC005358.
Renewable Energy Systems has 3 current directors:
- Devarakonda Suresh Kumar - Director
- Bhushana Prasad Mukkamala - Director
- Narasinga Rao Gurubhagavatula - Director
The latest financial statements of Renewable Energy Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Renewable Energy Systems is 36AABCR1367D1ZN, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Renewable Energy Systems is U40106TG1985PLC005358. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Renewable Energy Systems has 63 court cases on record: 42 filed by the company and 21 filed against it. 4 are pending. Most are in the high courts.
Renewable Energy Systems was incorporated on 08 March 1985, making it 41+ years old. It is registered with the Registrar of Companies, Hyderabad.
Devarakonda Suresh Kumar ceased to be Additional Director on 29 Dec 2024. Chandra Mouleshwera Rao Puvvada ceased to be Director on 23 Feb 2024. Devarakonda Suresh Kumar was appointed as Director on 22 Dec 2023. Renewable Energy Systems has 12 board changes on record in total.
Yes, Renewable Energy Systems is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0027841).
Renewable Energy Systems can be reached through the website res-group.com. Its registered office is in Hyderabad, Telangana, India.