- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0074300

About Suyog Urja Limited
Data last updated:
Suyog Urja Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 11 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2008PLC186671. Its GSTIN is 27AAMCS6237J1ZU (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Suyog Urja Private Limited. It is led by directors including Pavankumar Babu Khurangale and Chetraj Narbahadur Khadka.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹172.62 Cr, a growth of 99% compared to the previous year. For the same year it recorded a net profit of ₹16.9 Cr (net margin 9.8%) and EBITDA of ₹23.37 Cr (EBITDA margin 13.5%). Revenue has grown at a compounded annual rate (CAGR) of 188% over three years and 56% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5.81 Cr and satisfied charges of ₹5 Cr on record. Court records list 11 cases involving the company, including 5 filed by the company and 6 filed against it; 7 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in February 2025.
Suyog Urja Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0074300). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website suyogurja.com.
Company details
CIN history
Suyog Urja has one previous CIN (Corporate Identification Number): U40108MH2008PTC186671. The current CIN is U40108MH2008PLC186671, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108MH2008PLC186671 | Current |
| U40108MH2008PTC186671 | Previous |
Recognitions & Rankings of Suyog Urja
Contact details
Suyog Urja Limited's registered office is in Mumbai, Maharashtra. Its website is suyogurja.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address606 607 Gateway Plaza Co. Op. Premises Society Limited, Hiranandani Gardens Powai, Mumbai, Maharashtra, India – 400076
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Suyog Urja 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
Business activity
The main business activity of Suyog Urja 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 Suyog Urja Limited, buy the company report.
Financials of Suyog Urja Limited
FY 2025 filings availableSuyog Urja Limited reported revenue of ₹172.62 Cr (up 99% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 99% growth in the latest year. EBITDA rose 156% 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 | ₹23.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.9 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 | 13.5% | ||||
| Net Profit Margin | 9.8% | ||||
| 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 Suyog Urja Limited, buy the company report.
Board of directors of Suyog Urja Limited
Suyog Urja has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pavankumar Babu Khurangale Also directs: Gunjoti Solar Park Private Limited, Sway Urja Private Limited, Gustiva Urja Private Limited and 3 more | Director | 13 Aug 2024 | 2 Years 2 Months | Current |
| Chetraj Narbahadur Khadka Also directs: Waveion Energy Private Limited, Gunjoti Solar Park Private Limited, Sway Urja Private Limited and 4 more | Director | 06 Mar 2012 | 14 Years 7 Months | Current |
| Priya Khandelwal Also directs: Shree Alampata Consultancy LLP, Spand and Partners LLP, Future Market Networks Limited and 1 more | Additional Director | 01 Feb 2025 | 1 Years 8 Months | Current |
Auditor
Suyog Urja Limited is audited by Dilip Bramhecha & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dilip Bramhecha & Associates | FY 2023 | 115135W |
Shareholding
The shareholding of Suyog Urja 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 Suyog Urja Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Nov 2025 | 101194089 | Karnataka Bank Ltd. | ₹10.8 Lakh | Open | |
| 30 Oct 2025 | 101201469 | Karnataka Bank Ltd. | ₹4.5 Cr | Open | |
| 20 Jun 2025 | 101115596 | Karnataka Bank Ltd. | ₹20 Lakh | Open | |
| 05 Apr 2013 | 10420796 | Others | ₹1 Cr | Open | |
| 25 Feb 2014 | 10484247 | Bank of Maharashtra | ₹2.5 Cr | Satisfied |
To see the full charge records of Suyog Urja Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Suyog Urja Limited has 3 deals on record (3 secondary share transfers); the latest was in February 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2025 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Dec 2012 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 4 individuals |
| Feb 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Suyog Urja Limited has 11 court cases on record: 5 filed by Suyog Urja, 6 filed against it. 7 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 5 | 7 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Serentica Renewables India 7 Pvt Ltd Through Debasmita Mishra | Pending |
| Bombay High Court | Writ petition | Filed against the company by Mytrah Vayu (Vedavati) Pvt. Ltd. | Disposed |
| District court, Osmanabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Osmanabad, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Osmanabad, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Suyog 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Suyog Urja Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Suyog Urja Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Suyog Urja has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAMCS6237J1ZU | Maharashtra | Active | 01 Jul 2017 |
| 27AAMCS6237J2ZT | Maharashtra | Active | 25 Mar 2025 |
| 29AAMCS6237J1ZQ | Karnataka | Active | 27 Jun 2023 |
| 23AAMCS6237J1Z2 | Madhya Pradesh | Active | 16 Oct 2024 |
To see the full GST registrations and return filing status of Suyog Urja Limited, buy the company report.
Recent activity
Suyog Urja Limited has 14 board changes on record since 2012: 3 appointments and 11 cessations. The latest: Priya Khandelwal was appointed as Additional Director on 01 Feb 2025.
14 earlier events are in the company report.
Frequently asked questions
Suyog Urja is an active public limited company based in Mumbai, Maharashtra, India. The company works in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 11 September 2008 (18+ years old) and is registered under CIN U40108MH2008PLC186671.
Suyog Urja has 3 current directors:
- Pavankumar Babu Khurangale - Director
- Chetraj Narbahadur Khadka - Director
- Priya Khandelwal - Additional Director
The latest financial statements of Suyog Urja 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 Suyog Urja is 27AAMCS6237J1ZU, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAMCS6237J2ZT (Maharashtra), 29AAMCS6237J1ZQ (Karnataka), 23AAMCS6237J1Z2 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Suyog Urja is U40108MH2008PLC186671. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Suyog Urja has 11 court cases on record: 5 filed by the company and 6 filed against it. 7 are pending. Most are in the district courts.
Suyog Urja was incorporated on 11 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Suyog Urja has 3 deals on record (3 secondary share transfers); the latest was in February 2025.
Priya Khandelwal was appointed as Additional Director on 01 Feb 2025. Pavankumar Babu Khurangale ceased to be Additional Director on 29 Sep 2024. Pavankumar Babu Khurangale was appointed as Director on 13 Aug 2024. Suyog Urja has 14 board changes on record in total.
Yes, Suyog Urja is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0074300).