Renit Power Private Limited - energy and power in Baddi, Himachal Pradesh, India. FY 2026 financials & compliance.
CIN U31909HP2015PTC001105 Incorporated 30 December 2015 ROC Himachal Pradesh HQ Baddi, Himachal Pradesh, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2025
₹12.89 Cr
▲ 57% YoY
Net profit · FY 2025
₹22.25 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹94.42 Lakh
EBITDA margin 7.3%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹3.06 Cr
Satisfied ₹7.14 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
12
Provident fund records

About Renit Power Private Limited

Data last updated:

Renit Power Private Limited is a private limited company based in Baddi, Himachal Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 December 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U31909HP2015PTC001105. Its GSTIN is 02AAHCR6862R1ZP (Himachal Pradesh).

The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Nityanand Bhardwaj and Rekha Bhardwaj.

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 Village – Dharampur Kotla Tehsil – Baddi Distt. Solan, Himachal Pradesh, India – 173205.

As per the financials filed for FY 2025, the company reported a revenue of ₹12.89 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹22.25 Lakh (net margin 1.7%) and EBITDA of ₹94.42 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 25% over five years.

The company has about 12 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.06 Cr and satisfied charges of ₹7.14 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.

Renit Power Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0008554). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website renitpower.com.

Company details

CIN U31909HP2015PTC001105
Registration Number 001105
Incorporation Date 30 December 2015
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0008554

Recognitions & Rankings of Renit Power

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-HP-11-0008554

Contact details

Renit Power Private Limited's registered office is in Baddi, Himachal Pradesh. Its website is renitpower.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Village – Dharampur Kotla Tehsil – Baddi Distt. Solan, Himachal Pradesh, India – 173205
  • Industry
    Energy and Power, Power Equipment Manufacturers

To see the full contact details of Renit Power Private Limited, buy the company report.

Comprehensive company report
Renit Power Private 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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Business activity

The main business activity of Renit Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Renit Power Private Limited, buy the company report.

Financials of Renit Power Private Limited

FY 2024 filings available

Renit Power Private Limited reported revenue of ₹12.89 Cr (up 57% YoY) for FY 2025.

Revenue · FY 2025
₹12.89 Cr ▲ 57%
Net profit · FY 2025
₹22.25 Lakh margin 1.7%
EBITDA · FY 2025
₹94.42 Lakh margin 7.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 26%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 8%
5 years · compounded
▲ 3%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 57% growth in the latest year. EBITDA rose 17% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹94.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹22.25 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.3%
Net Profit Margin1.7%
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 Renit Power Private Limited, buy the company report.

Board of directors of Renit Power Private Limited

Renit Power has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nityanand BhardwajDirector30 Dec 201510 Years 10 MonthsCurrent
Rekha BhardwajDirector30 Dec 201510 Years 10 MonthsCurrent

Auditor

Renit Power Private Limited is audited by Jaipal & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
Jaipal & AssociatesFY 2023035590N

Shareholding

The shareholding of Renit Power 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Renit Power Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.06 Cr
Satisfied charges
₹7.14 Cr
Breakdown by lending institutions
Axis Bank Limited₹3.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Apr 2025101132882Axis Bank Limited₹19.63 LakhOpen
29 Jul 2024100975799Axis Bank Limited₹21.82 LakhOpen
07 May 2024100919304Axis Bank Limited₹2.65 CrOpen
15 Oct 2018100220071State Bank of India₹4.01 CrSatisfied
23 Jun 2017100141556Others₹1.25 CrSatisfied

To see the full charge records of Renit Power Private Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Renit Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Renit Power Private Limited has a workforce of 12 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
12
Active EPFO establishments
1
Employee growth
200%

GST

Renit Power has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
02AAHCR6862R1ZPHimachal PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Renit Power Private Limited, buy the company report.

Recent activity

Renit Power Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Nitish Bhardwaj ceased to be Additional Director on 11 Nov 2019.

Charges
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101132882 was registered on 21 Apr 2025.
AGM
Renit Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.22 Cr with Charge ID 100975799 was registered on 29 Jul 2024.
Charges
A charge registered on 15 Oct 2018 via Charge ID 100220071 with State Bank Of India was fully satisfied on 11 Jun 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.65 Cr with Charge ID 100919304 was registered on 07 May 2024.
Filing
Renit Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Himachal Pradesh.
Charges
A charge with State Bank Of India of Rs. 4.01 Cr registered on 15 Oct 2018 with Charge ID 100220071 was modified on 10 May 2023.
Ceased
Nitish Bhardwaj ceased to be Additional Director.
Charges
A charge registered on 23 Jun 2017 via Charge ID 100141556 with Others was fully satisfied on 12 Nov 2018.
Charges
A charge registered on 23 Jun 2017 via Charge ID 100141560 with Others was fully satisfied on 12 Nov 2018.
Charges
A charge with State Bank Of India amounted to Rs. 4.01 Cr with Charge ID 100220071 was registered on 15 Oct 2018.
Charges
A charge with Others of Rs. 1.25 Cr registered on 23 Jun 2017 with Charge ID 100141556 was modified on 07 Feb 2018.

6 earlier events are in the company report.

Frequently asked questions

Renit Power is an active private limited company based in Baddi, Himachal Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 December 2015 (11+ years old) and is registered under CIN U31909HP2015PTC001105.

Renit Power has 2 current directors:

The latest financial statements of Renit Power 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 FY 2016 are in the company report.

The GSTIN of Renit Power is 02AAHCR6862R1ZP, registered in Himachal Pradesh.

The CIN (Corporate Identification Number) of Renit Power is U31909HP2015PTC001105. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Renit Power has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.

Renit Power was incorporated on 30 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.

Nitish Bhardwaj ceased to be Additional Director on 11 Nov 2019. Nityanand Bhardwaj was appointed as Director on 30 Dec 2015. Rekha Bhardwaj was appointed as Director on 30 Dec 2015.

Yes, Renit Power is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0008554).

Renit Power can be reached through the website renitpower.com. Its registered office is in Baddi, Himachal Pradesh, India.