About Sikkim Urja Limited
Data last updated:
Sikkim Urja Limited is a public limited company based in New Delhi, Delhi, India, a subsidiary of Sikkim Power Investment Corporation Limited. It operates in the hydroelectric power solutions segment of the environmental services sector. It was incorporated on 11 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31200DL2005PLC133875. Its GSTIN is 07AACCT2402L1ZI (Delhi). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹4,100 Cr and a paid-up capital of ₹3,310.39 Cr. It is led by directors including Gopalam Adiseshu (Managing Director) and Vinod Kumar Jindal.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 13th Floor Hindustan Times House 18 – 20, Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹33.81 Cr, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹938.24 Cr and EBITDA of ₹266.92 Cr.
The company has about 105 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Teesta Urja. As per MCA filings, the company has open charges of ₹13,579 Cr and satisfied charges of ₹7,503.76 Cr on record. Court records list 18 cases involving the company, including 3 filed by the company and 15 filed against it; 7 cases are pending. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2020. Its 9 peer companies in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 5 smaller; the largest is Mahati Hydro Power Vidharbha Private Limited with revenue of ₹36.03 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website teestaurja.com.
Company details
CIN history
Sikkim Urja has one previous CIN (Corporate Identification Number): U31200DL2005SGC133875. The current CIN is U31200DL2005PLC133875, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U31200DL2005PLC133875 | Current |
| U31200DL2005SGC133875 | Previous |
Contact details
Sikkim Urja Limited's registered office is in New Delhi, Delhi.
- Registered Address13th Floor Hindustan Times House 18 – 20, Kasturba Gandhi Marg, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Hydroelectric Power 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
Brands
Sikkim Urja operates one associated brand: Teesta Urja. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Limited information available | teestaurja.com |
Financials of Sikkim Urja Limited
FY 2024 filings availableSikkim Urja Limited reported revenue of ₹33.81 Cr (down 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 99% in the latest year. EBITDA fell 72% in the latest 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 | ₹266.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹938.24 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 Sikkim Urja Limited, buy the company report.
Board of directors of Sikkim Urja Limited
Sikkim Urja has 11 current directors and 64 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stuti Kacker | Nominee Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Vinod Kumar Jindal Also directs: Finman Forum of Finance & Management Professionals | Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| Naredla Venugopala Rao | Nominee Director | 03 Jul 2021 | 5 Years 3 Months | Current |
| Anoop Kumar Mittal | Director | 02 Jun 2025 | 1 Years 4 Months | Current |
| Jampana Venkata Satyadurgaprasada Raju Also directs: Sikkim Power Transmission Limited, Indeutsche Ties LLP, Taranda Hydro Power Private Limited and 5 more | Nominee Director | 07 Mar 2025 | 1 Years 7 Months | Current |
| Gopalam Adiseshu Also directs: Harsar Hydro Projects Private Limited, Bharmour Hydro Projects Private Limited, Greenko Rj01 Irep Private Limited and 5 more | Managing Director | 22 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Sikkim Urja Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mahati Hydro Power Vidharbha Private Limited | ₹36.03 Cr (FY 2025) | -6.0% | Pune, Maharashtra, India | |||
| Engineered Power Resources India Private Limited | ₹35.95 Cr (FY 2025) | 49.0% | Bellary, Karnataka, India | |||
| Uttar Bharat Hydro Power Private Limited | ₹34.96 Cr (FY 2025) | -29.0% | Delhi, India | |||
| Venika Hydro Projects Private Limited | ₹34.08 Cr (FY 2022) | 1.0% | Bangalore, Karnataka, India | |||
| Sikkim Urja Limitedthis company | ₹33.81 Cr (FY 2025) | -₹938.24 Cr | -99.0% | New Delhi, Delhi, India | ||
| International Power Corporation Private Limited | ₹33.36 Cr (FY 2025) | 84.0% | Bangalore, Karnataka, India | |||
| Cosmos Hydro Power Private Limited | ₹33.05 Cr (FY 2025) | 7.0% | New Delhi, Delhi, India | |||
| Texmaco Infrastructure & Holdings Limited | ₹33.03 Cr (FY 2025) | 28.0% | Kolkata, West Bengal, India | |||
| Himalaya Hydro Private Limited | ₹31.42 Cr (FY 2024) | -22.0% | Lucknow, Uttar Pradesh, India | |||
| SMS Vidhyut Private Limited | ₹31.09 Cr (FY 2025) | 290.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Sikkim Urja Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 15 Nov 2024 | 101013223 | Others | ₹1,892.47 Cr | Open | |
| 22 Jun 2022 | 100593185 | Others | ₹939.77 Cr | Open | |
| 15 Sep 2007 | 10067831 | Others | ₹10,746 Cr | Open | |
| 30 Mar 2020 | 100334195 | Others | ₹4,797.84 Cr | Satisfied | |
| 03 Feb 2020 | 100323090 | Others | ₹215 Cr | Satisfied |
To see the full charge records of Sikkim Urja Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Sikkim Urja Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sikkim Urja Limited has 18 court cases on record: 3 filed by Sikkim Urja, 15 filed against it. 7 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 5 | 1 |
| Supreme Court | 7 | 7 | 4 |
| District courts | 4 | 3 | 2 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case | Filed against the company by Abir Infrastructure Pvt. Ltd. | Pending |
| Supreme Court | Court case | Filed against the company by Navayuga Engineering Company Limited | Pending |
| Supreme Court | Appeal | Filed against the company by Ajmer Vidyut Vitran Nigam Ltd. | Pending |
| Supreme Court | Appeal | Filed against the company by Sew Infrastructure Ltd. | Disposed |
| Supreme Court | Appeal | Filed against the company by Navayuga Engineering Company Limited | Disposed |
To see the full case history of Sikkim Urja 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
Sikkim Urja Limited was last rated by Care on 14 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Sep 2022 |
To see the full credit ratings and regulatory alerts of Sikkim Urja Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sikkim Urja Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sikkim Urja has 5 GST registrations: 4 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCT2402L1ZI | Delhi | Active | 01 Jul 2017 |
| 07AACCT2402L1DR | Delhi | Active | 31 Oct 2018 |
| 11AACCT2402L1ZT | Sikkim | Active | 01 Jul 2017 |
| 11AACCT2402L1D2 | Sikkim | Active | 26 Oct 2018 |
To see the full GST registrations and return filing status of Sikkim Urja Limited, buy the company report.
Recent activity
Sikkim Urja Limited has 75 board changes on record since 2006: 11 appointments and 64 cessations. The latest: Anoop Kumar Mittal ceased to be Additional Director on 28 Dec 2025.
98 earlier events are in the company report.
Frequently asked questions
Sikkim Urja is an active public limited company based in New Delhi, Delhi, India. The company works in hydroelectric power solutions, within the environment industry. It was incorporated on 11 March 2005 (21+ years old) and is registered under CIN U31200DL2005PLC133875.
Sikkim Urja has 11 current directors:
- Gopalam Adiseshu - Managing Director
- Stuti Kacker - Nominee Director
- Vinod Kumar Jindal - Director
- Naredla Venugopala Rao - Nominee Director
- Anoop Kumar Mittal - Director
- Jampana Venkata Satyadurgaprasada Raju - Nominee Director
- Hemant Kumar Das - Nominee Director
- Pankaj Goel - Nominee Director
- Dondla Nagendra Prasad - Nominee Director
- Aditya Nath Das - Nominee Director
- Arun Kumar Tyagi - Nominee Director
The latest financial statements of Sikkim Urja on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Sikkim Urja is 07AACCT2402L1ZI, registered in Delhi. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 07AACCT2402L1DR (Delhi), 11AACCT2402L1ZT (Sikkim), 11AACCT2402L1D2 (Sikkim).
The CIN (Corporate Identification Number) of Sikkim Urja is U31200DL2005PLC133875. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sikkim Urja has 18 court cases on record: 3 filed by the company and 15 filed against it. 7 are pending. Most are in the high courts.
Sikkim Urja was incorporated on 11 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Sikkim Urja has 1 deal on record (1 secondary share transfer); the latest was in March 2020.
The peers of Sikkim Urja by revenue are Mahati Hydro Power Vidharbha Private Limited, Engineered Power Resources India Private Limited, Uttar Bharat Hydro Power Private Limited, Venika Hydro Projects Private Limited, International Power Corporation Private Limited and 4 more, all in the Cleantech industry (Hydro Power), with the same principal business activity (electric power generation, transmission and distribution).
Anoop Kumar Mittal ceased to be Additional Director on 28 Dec 2025. Vinod Kumar Jindal ceased to be Additional Director on 28 Dec 2025. Vinod Kumar Jindal was appointed as Director on 30 Sep 2025. Sikkim Urja has 75 board changes on record in total.
Sikkim Urja can be reached through the website teestaurja.com. Its registered office is in New Delhi, Delhi, India.