
About TP Akkalkot Renewable Limited
Data last updated:
TP Akkalkot Renewable Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Power Renewable Energy Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 11 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2020PLC343652. Its GSTIN is 27AAICT0126H1ZI (Maharashtra).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.96 Cr. It is led by directors including Bipin Narayan Kulkarni and Viddyesh Kiran Raje.
Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C/O The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd. Carnac Bunder, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2026, the company reported a revenue of ₹6.28 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹1.91 Cr (net margin 30.3%) and EBITDA of ₹5.25 Cr (EBITDA margin 83.5%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
As per MCA filings, the company has open charges of ₹500 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
For more details, the company can be reached via its website tatapower.com.
Company details
Contact details
TP Akkalkot Renewable Limited's registered office is in Mumbai, Maharashtra. Its website is tatapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressC/O The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd. Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of TP Akkalkot Renewable 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 TP Akkalkot Renewable 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 TP Akkalkot Renewable Limited, buy the company report.
Financials of TP Akkalkot Renewable Limited
FY 2025 filings availableTP Akkalkot Renewable Limited reported revenue of ₹6.28 Cr (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 10% 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.25 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.91 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 83.5% | ||||
| Net Profit Margin | 30.3% | ||||
| 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 TP Akkalkot Renewable Limited, buy the company report.
Board of directors of TP Akkalkot Renewable Limited
TP Akkalkot Renewable has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bipin Narayan Kulkarni Also directs: TP Kirnali Solar Limited | Director | 21 Apr 2023 | 3 Years 6 Months | Current |
| Viddyesh Kiran Raje | Director | 14 Jan 2022 | 4 Years 9 Months | Current |
| Behram Phiroze Mehta | Director | 11 Aug 2020 | 6 Years 2 Months | Current |
Peer comparison
TP Akkalkot Renewable Limited is compared with the 6 companies closest to it by revenue in the Cleantech industry (Solar 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 |
|---|---|---|---|---|---|---|
| SLB Clean Power Private Limited | ₹6.58 Cr (FY 2025) | -4.0% | Madurai, Tamil Nadu, India | |||
| International Solar Corporation Private Limited | ₹6.58 Cr (FY 2024) | 12.0% | Hyderabad, Telangana, India | |||
| Sahasradhara Energy Private Limited | ₹6.46 Cr (FY 2025) | -51.0% | Chennai, Tamil Nadu, India | |||
| O2 Renewable Energy IV Private Limited | ₹6.42 Cr (FY 2025) | 116.0% | New Delhi, Delhi, India | |||
| Fpel Maha 2 Private Limited | ₹6.41 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Firestone Trading Private Limited | ₹6.41 Cr (FY 2017) | -7.0% | Mumbai, Maharashtra, India | |||
| TP Akkalkot Renewable Limitedthis company | ₹6.28 Cr (FY 2026) | ₹1.91 Cr | 30.3% | -2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of TP Akkalkot Renewable Limited, buy the company report.
Auditor
TP Akkalkot Renewable Limited is audited by VIKASH A. JAIN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIKASH A. JAIN & CO | FY 2023 | 325949E |
Shareholding
The shareholding of TP Akkalkot Renewable Limited is on record for 4 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 TP Akkalkot Renewable Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2024 | 101019303 | Sbicap Trustee Company Limited | ₹500 Cr | Open |
Total charge records: 1 View all charges
Legal cases
TP Akkalkot Renewable Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company by Ceat Ltd | Pending |
To see the full case history of TP Akkalkot Renewable 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 TP Akkalkot Renewable Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
TP Akkalkot Renewable Limited has 1 active EPFO establishment as of Mar 30, 2024.
GST
TP Akkalkot Renewable has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICT0126H1ZI | Maharashtra | Active | 19 Oct 2020 |
To see the full GST registrations and return filing status of TP Akkalkot Renewable Limited, buy the company report.
Recent activity
TP Akkalkot Renewable Limited has 10 board changes on record since 2020: 4 appointments and 6 cessations. The latest: Bipin Narayan Kulkarni ceased to be Additional Director on 27 Sep 2023.
2 earlier events are in the company report.
Frequently asked questions
TP Akkalkot Renewable is an active public limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 11 August 2020 (6+ years old) and is registered under CIN U40106MH2020PLC343652.
TP Akkalkot Renewable has 3 current directors:
- Bipin Narayan Kulkarni - Director
- Viddyesh Kiran Raje - Director
- Behram Phiroze Mehta - Director
The latest financial statements of TP Akkalkot Renewable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 June 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of TP Akkalkot Renewable is 27AAICT0126H1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of TP Akkalkot Renewable is U40106MH2020PLC343652. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Akkalkot Renewable has 1 court case on record: 1 filed against it. 1 is pending.
TP Akkalkot Renewable was incorporated on 11 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of TP Akkalkot Renewable by revenue are SLB Clean Power Private Limited, International Solar Corporation Private Limited, Sahasradhara Energy Private Limited, O2 Renewable Energy IV Private Limited, Fpel Maha 2 Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Bipin Narayan Kulkarni ceased to be Additional Director on 27 Sep 2023. Jyoti Kumar Agarwal ceased to be Additional Director on 23 Apr 2023. Bipin Narayan Kulkarni was appointed as Director on 21 Apr 2023. TP Akkalkot Renewable has 10 board changes on record in total.
TP Akkalkot Renewable can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of TP Akkalkot Renewable is at CO The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd. Carnac Bunder, Mumbai, Maharashtra, India – 400009.