About Surya Vidyut Limited
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Surya Vidyut Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Torrent Power Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 28 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40108GJ2010PLC148865. Its GSTIN is 24AAOCS5782N1ZI (Gujarat). The company holds 6 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹280 Cr and a paid-up capital of ₹251.91 Cr. It was formerly known as Solar Energy Private Limited. It is led by directors including Nisarg Bimalbhai Shah and Saurabh Rameshchandra Mashruwala.
Its last annual general meeting (AGM) was held on 30 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2026, the company reported a revenue of ₹120.86 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹25.55 Cr (net margin 21.1%) and EBITDA of ₹94.72 Cr (EBITDA margin 78.4%).
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SVL. As per MCA filings, the company has open charges of ₹480 Cr and satisfied charges of ₹1,294.49 Cr on record. The company has 8 deals on record (4 funding rounds, 3 acquisitions, 1 secondary share transfer), with disclosed funding of ₹207.86 Cr; the latest was in March 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryavidyut.in.
Company details
CIN history
Surya Vidyut has one previous CIN (Corporate Identification Number): U40108WB2010PLC150712. The current CIN is U40108GJ2010PLC148865, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108GJ2010PLC148865 | Current |
| U40108WB2010PLC150712 | Previous |
Contact details
Surya Vidyut Limited's registered office is in Ahmedabad, Gujarat. Its website is suryavidyut.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSamanvay 600 Tapovan, Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Surya Vidyut 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
Surya Vidyut operates one associated brand: SVL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of wind energy projects | suryavidyut.in |
Business activity
The main business activity of Surya Vidyut is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Surya Vidyut Limited, buy the company report.
Financials of Surya Vidyut Limited
FY 2026 filings availableSurya Vidyut Limited reported revenue of ₹120.86 Cr (down 6% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. EBITDA fell 9% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Other Income | |||||
| Total Revenue | ₹120.86 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹94.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.55 Cr | ||||
| Balance Sheet | |||||
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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 | 78.4% | ||||
| Net Profit Margin | 21.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Surya Vidyut Limited, buy the company report.
Board of directors of Surya Vidyut Limited
Surya Vidyut has 3 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nisarg Bimalbhai Shah Also directs: Torrent Urja 18 Private Limited, Torrent Urja 23 Private Limited, Torrent Urja 24 Private Limited and 5 more | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Saurabh Rameshchandra Mashruwala Also directs: Gujarat Lease Financing Limited, Torrent Urja 18 Private Limited, Torrent Urja 23 Private Limited and 5 more | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Manushi Anijay Parikh Also directs: Torrent Hospitals Private Limited, Torrent Sports Ventures Private Limited, Torrent Solar Power Private Limited and 5 more | Director | 16 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Surya Vidyut Limited is audited by Price Waterhouse Chartered Accountants LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse Chartered Accountants LLP | FY 2026 | 012754N/N500016 |
Shareholding
The shareholding of Surya Vidyut Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Surya Vidyut Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2023 | 100675978 | Idbi Trusteeship Services Limited | ₹480 Cr | Open | |
| 22 Jan 2021 | 100410527 | Others | ₹10 Cr | Satisfied | |
| 06 Nov 2019 | 100304294 | Others | ₹76.44 Cr | Satisfied | |
| 06 Nov 2019 | 100304721 | Others | ₹75.19 Cr | Satisfied | |
| 22 Jul 2019 | 100284903 | Others | ₹82 Cr | Satisfied |
To see the full charge records of Surya Vidyut Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Surya Vidyut Limited has 8 deals on record (4 funding rounds, 3 acquisitions, 1 secondary share transfer), with disclosed funding of ₹207.86 Cr; the latest was in March 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Torrent Power Limited & Nilesh Kharti, Torrent Power Limited & Hemang Shah, Torrent Power Limited & Saurabh Mashurwala Seller: CESC Limited & Gopal Rathi, CESC Limited & Subrata Talukdar, Haldia Energy Limited |
| Sep 2017 | Funding round | ₹117.67 Cr | Investors: Haldia Energy Limited , Cesc Ltd |
| Mar 2016 | Funding round | ₹45 Cr | Investors: Haldia Energy Limited , Cesc Ltd |
| Mar 2015 | Funding round | ₹42 Cr | Investors: Cesc Ltd |
| Mar 2013 | Acquisition | ₹40 Cr | Buyer: Cesc Ltd |
To see the full deal history of Surya Vidyut 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
No court or tribunal cases involving Surya Vidyut Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Surya Vidyut Limited was last rated by Care on 30 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 30 Sep 2021 |
To see the full credit ratings and regulatory alerts of Surya Vidyut Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Surya Vidyut Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Surya Vidyut Limited has a workforce of 4 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Surya Vidyut has 6 GST registrations: 4 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCS5782N1ZI | Gujarat | Active | 01 Jul 2017 |
| 24AAOCS5782N2ZH | Gujarat | Active | 01 Apr 2025 |
| 08AAOCS5782N1ZC | Rajasthan | Active | 01 Jul 2017 |
| 23AAOCS5782N1ZK | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Surya Vidyut Limited, buy the company report.
Recent activity
Surya Vidyut Limited has 15 board changes on record since 2015: 3 appointments and 12 cessations. The latest: Manushi Anijay Parikh was appointed as Director on 16 Jan 2026.
41 earlier events are in the company report.
Frequently asked questions
Surya Vidyut is an active public limited company based in Ahmedabad, Gujarat, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 28 June 2010 (16+ years old) and is registered under CIN U40108GJ2010PLC148865.
Surya Vidyut has 3 current directors:
- Nisarg Bimalbhai Shah - Director
- Saurabh Rameshchandra Mashruwala - Director
- Manushi Anijay Parikh - Director
The latest financial statements of Surya Vidyut on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 July 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Surya Vidyut is 24AAOCS5782N1ZI, registered in Gujarat. The company has 6 GST registrations in all, of which 4 are active and 2 are cancelled or inactive. Other active GSTINs include 24AAOCS5782N2ZH (Gujarat), 08AAOCS5782N1ZC (Rajasthan), 23AAOCS5782N1ZK (Madhya Pradesh).
The CIN (Corporate Identification Number) of Surya Vidyut is U40108GJ2010PLC148865. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surya Vidyut was incorporated on 28 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Surya Vidyut has 8 deals on record (4 funding rounds, 3 acquisitions, 1 secondary share transfer), with disclosed funding of ₹207.86 Cr; the latest was in March 2022.
Manushi Anijay Parikh was appointed as Director on 16 Jan 2026. Jigish Bhogilal Mehta ceased to be Additional Director on 04 Aug 2022. Nisarg Bimal Shah ceased to be Additional Director on 04 Aug 2022. Surya Vidyut has 15 board changes on record in total.
Surya Vidyut can be reached through the website suryavidyut.in. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Surya Vidyut is at Samanvay 600 Tapovan, Ambawadi, Ahmedabad, Gujarat, India – 380015.
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