MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0049366
Swid Renewables Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹46.6 Cr
▲ 67% YoY
Net profit · FY 2024
₹8 Cr
Net margin 17.2%
EBITDA · FY 2024
₹10.11 Cr
EBITDA margin 21.7%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹25.72 Cr
Satisfied ₹22 Lakh
Company age
10 yrs
Est. 2016
Employees · EPFO
42
Provident fund records
About Swid Renewables Limited
Data last updated:
Swid Renewables Limited is a public limited company based in Pune, Maharashtra, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 02 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U35105PN2016PLC164267. Its GSTIN is 27AAXCS0508F1Z6 (Maharashtra).
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹25 Lakh. It is led by directors including Ishan Vishnu Shahade (Managing Director) and Anuja Arvind Godbole (Whole-Time Director).
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 Lohia Jain IT Park, Pune, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.6 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹8 Cr (net margin 17.2%) and EBITDA of ₹10.11 Cr (EBITDA margin 21.7%). Revenue has grown at a compounded annual rate (CAGR) of 178% over three years and 83% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25.72 Cr and satisfied charges of ₹22 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Swid Renewables Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0049366). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website swid.in.
Company details
CIN U35105PN2016PLC164267
Registration Number 164267
Incorporation Date 02 May 2016
ROC Pune
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-MH-26-0049366
CIN history
Swid Renewables has one previous CIN (Corporate Identification Number): U74990PN2016PTC164267. The current CIN is U35105PN2016PLC164267, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U35105PN2016PLC164267 | Current |
| U74990PN2016PTC164267 | Previous |
Key People
Ishan Vishnu Shahade Managing Director Anuja Arvind Godbole Whole-Time Director Vishnu Vishwanath Shahade Director Recognitions & Rankings of Swid Renewables
Contact details
Swid Renewables Limited's registered office is in Pune, Maharashtra.
- Registered AddressOffice No.201 Plot No 1 S. No150/A/1/1 S. No. 150A/1/2, Lohia Jain IT Park Paud Road, Pune, Maharashtra, India – 411038
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
Comprehensive company report
Swid Renewables 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 Swid Renewables is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Swid Renewables Limited, buy the company report.
Financials of Swid Renewables Limited
FY 2024 filings availableSwid Renewables Limited reported revenue of ₹46.6 Cr (up 67% YoY) for FY 2024.
Revenue · FY 2024
₹46.6 Cr ▲ 67%
Net profit · FY 2024
₹8 Cr margin 17.2%
EBITDA · FY 2024
₹10.11 Cr margin 21.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 67%
3 years · compounded
▲ 178%
5 years · compounded
▲ 83%
EBITDA CAGR growth
1 year
▲ 340%
3 years · compounded
▲ 260%
5 years · compounded
▲ 120%
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 67% growth in the latest year. EBITDA rose 340% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹10.11 Cr | ||||
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| Net Profit (PAT) | ₹8 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 21.7% | ||||
| Net Profit Margin | 17.2% | ||||
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To see the full financial statements and ratios of Swid Renewables Limited, buy the company report.
Board of directors of Swid Renewables Limited
Swid Renewables has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishnu Vishwanath Shahade | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Ishan Vishnu Shahade | Managing Director | 02 May 2016 | 10 Years 5 Months | Current |
| Anuja Arvind Godbole | Whole-Time Director | 07 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Swid Renewables Limited is compared with the 4 companies closest to it by revenue in the Power industry (EPC, BoP and BTG), 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 |
|---|---|---|---|---|---|---|
| Silres Energy Solutions Private Limited | ₹47.79 Cr (FY 2024) | 14.0% | Chennai, Tamil Nadu, India | |||
| G.K.Power Transmission Company Private Limited | ₹47.75 Cr (FY 2016) | 17.0% | Nagpur, Maharashtra, India | |||
| Mitarsh Energy Private Limited | ₹47.73 Cr (FY 2024) | 22.0% | Ahmedabad, Gujarat, India | |||
| Atnu Solar Private Limited | ₹46.7 Cr (FY 2024) | 9.0% | Mumbai, Maharashtra, India | |||
| Swid Renewables Limitedthis company | ₹46.6 Cr (FY 2024) | ₹8 Cr | 17.2% | 67.0% | Pune, Maharashtra, India |
To see the full peer comparison of Swid Renewables Limited, buy the company report.
Charges & borrowings
Open charges
₹25.72 Cr
Satisfied charges
₹22 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jul 2025 | 101130072 | Others | ₹72.07 Lakh | Open | |
| 04 Sep 2020 | 100377719 | Others | ₹25 Cr | Open | |
| 23 Jul 2020 | 100351883 | Sidbi | ₹22 Lakh | Satisfied |
To see the full charge records of Swid Renewables Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Swid Renewables Limited has 2 court cases on record: 2 filed by Swid Renewables. All cases are pending.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed by the company against an individual | Pending |
| District court, Pune, Maharashtra | Court case (Reg.Sum.Suit) | Filed by the company against an individual | Pending |
To see the full case history of Swid Renewables 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 Swid Renewables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swid Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAXCS0508F1Z6 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swid Renewables Limited, buy the company report.
Recent activity
Swid Renewables Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Ishan Vishnu Shahade ceased to be Director on 14 Jul 2025.
Charges
A charge with Others of Rs. 25.00 Cr registered on 04 Sep 2020 with Charge ID 100377719 was modified on 30 Jul 2025.
Ceased
Ishan Vishnu Shahade ceased to be Director.
Ceased
Vishnu Vishwanath Shahade ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.72 Cr with Charge ID 101130072 was registered on 05 Jul 2025.
AGM
Swid Renewables Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Anuja Arvind Godbole ceased to be Additional Director.
Appointed
Anuja Arvind Godbole was appointed as Whole-Time Director.
Filing
Swid Renewables Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge registered on 23 Jul 2020 via Charge ID 100351883 with Sidbi was fully satisfied on 26 Oct 2023.
Charges
A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100377719 was registered on 04 Sep 2020.
Charges
A charge with Sidbi amounted to Rs. 0.22 Cr with Charge ID 100351883 was registered on 23 Jul 2020.
Appointed
Ishan Vishnu Shahade was appointed as Managing Director.
2 earlier events are in the company report.
Frequently asked questions
Swid Renewables is an active public limited company based in Pune, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 02 May 2016 (10+ years old) and is registered under CIN U35105PN2016PLC164267.
Swid Renewables has 3 current directors:
- Ishan Vishnu Shahade - Managing Director
- Anuja Arvind Godbole - Whole-Time Director
- Vishnu Vishwanath Shahade - Director
The latest financial statements of Swid Renewables 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 2017 are in the company report.
The GSTIN of Swid Renewables is 27AAXCS0508F1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swid Renewables is U35105PN2016PLC164267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swid Renewables has 2 court cases on record: 2 filed by the company. 2 are pending.
Swid Renewables was incorporated on 02 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Swid Renewables by revenue are Silres Energy Solutions Private Limited, G.K.Power Transmission Company Private Limited, Mitarsh Energy Private Limited, Atnu Solar Private Limited, all in the Power industry (EPC, BoP and BTG), with the same principal business activity (electric power generation, transmission and distribution).
Ishan Vishnu Shahade ceased to be Director on 14 Jul 2025. Vishnu Vishwanath Shahade ceased to be Director on 14 Jul 2025. Anuja Arvind Godbole ceased to be Additional Director on 29 Aug 2024. Swid Renewables has 6 board changes on record in total.
Yes, Swid Renewables is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0049366).
Swid Renewables can be reached through the website swid.in. Its registered office is in Pune, Maharashtra, India.