About Swikriti Renewables Private Limited
Data last updated:
Swikriti Renewables Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 18 August 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2014PTC257285. Its GSTIN is 27AAUCS8505R1Z7 (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Maruti Kishanrao Deore and Nitin Maruti Bhosale.
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 Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.05 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹2.48 Cr (net margin 14.5%) and EBITDA of ₹3.1 Cr (EBITDA margin 18.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 77% over five years.
The company is associated with 1 brand: Srpl Group. Court records list 5 cases involving the company, including 1 filed by the company and 4 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srpl-group.in.
Company details
CIN history
Swikriti Renewables has one previous CIN (Corporate Identification Number): U74900MH2014OPC257285. The current CIN is U74900MH2014PTC257285, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH2014PTC257285 | Current |
| U74900MH2014OPC257285 | Previous |
Contact details
Swikriti Renewables Private Limited's registered office is in Thane, Maharashtra.
- Social Media
- Registered AddressPlot No. El – 185/3, Electronic Zone Ttc MIDC Mahape, Thane, Maharashtra, India – 400710
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
Swikriti Renewables operates one associated brand: Srpl Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar racking systems for roofs, grounds, and floating installations. | srpl-group.in |
Business activity
The main business activity of Swikriti Renewables is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Swikriti Renewables Private Limited, buy the company report.
Financials of Swikriti Renewables Private Limited
FY 2025 filings availableSwikriti Renewables Private Limited reported revenue of ₹17.05 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 77% over five years, including 47% growth in the latest year. EBITDA rose 63% 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 | ₹3.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.48 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 | 18.2% | ||||
| Net Profit Margin | 14.5% | ||||
| 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 Swikriti Renewables Private Limited, buy the company report.
Board of directors of Swikriti Renewables Private Limited
Swikriti Renewables has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maruti Kishanrao Deore Also directs: Ducon Infratechnologies Limited, Shree Polar Chem Industries Private Limited, Balkan Chemicals Private Limited and 1 more | Director | 02 Jun 2025 | 1 Years 5 Months | Current |
| Nitin Maruti Bhosale | Director | 18 Aug 2014 | 12 Years 2 Months | Current |
Peer comparison
Swikriti Renewables Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Power Equipment Manufacturers, Power Projects), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alnico Electric Private Limited | ₹17.16 Cr (FY 2024) | 3724.0% | Gujarat, India | |||
| Swikriti Renewables Private Limitedthis company | ₹17.05 Cr (FY 2025) | ₹2.48 Cr | 14.5% | 47.0% | Thane, Maharashtra, India | |
| Thea Energy Private Limited | ₹16.99 Cr (FY 2025) | 43.0% | Kolkata, West Bengal, India | |||
| Bilaspur Transformers Private Limited | ₹16.95 Cr (FY 2024) | 75.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Swikriti Renewables Private Limited, buy the company report.
Legal cases
Swikriti Renewables Private Limited has 5 court cases on record: 1 filed by Swikriti Renewables, 4 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| NCLT | 2 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Appeal | Filed by the company against Esdec India Solar Private Limited and 1 other | Disposed |
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Esdec India Solar Private Limited | Disposed |
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Esdec India Solar Private Limited | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed against the company by Esdec India Solar Private Limited | Disposed |
To see the full case history of Swikriti Renewables Private 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 Swikriti Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Swikriti Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS8505R1Z7 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Swikriti Renewables Private Limited, buy the company report.
Recent activity
Swikriti Renewables Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Maruti Kishanrao Deore was appointed as Director on 02 Jun 2025.
Frequently asked questions
Swikriti Renewables is an active private limited company based in Thane, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 18 August 2014 (12+ years old) and is registered under CIN U74900MH2014PTC257285.
Swikriti Renewables has 2 current directors:
- Maruti Kishanrao Deore - Director
- Nitin Maruti Bhosale - Director
The latest financial statements of Swikriti Renewables 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 Swikriti Renewables is 27AAUCS8505R1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Swikriti Renewables is U74900MH2014PTC257285. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swikriti Renewables has 5 court cases on record: 1 filed by the company and 4 filed against it. Most are in the district courts.
Swikriti Renewables was incorporated on 18 August 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Swikriti Renewables by revenue are Alnico Electric Private Limited, Thea Energy Private Limited, Bilaspur Transformers Private Limited, all in the Infrastructure industry (Power Equipment Manufacturers, Power Projects), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Maruti Kishanrao Deore was appointed as Director on 02 Jun 2025. Nitin Maruti Bhosale was appointed as Director on 18 Aug 2014.
Swikriti Renewables can be reached through the website srpl-group.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Swikriti Renewables is at Plot No. El – 1853, Electronic Zone Ttc MIDC Mahape, Thane, Maharashtra, India – 400710.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
