About TP Bhaskar Renewables Limited
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TP Bhaskar Renewables Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Power Renewable Energy Limited. It operates in the electric power generation segment of the energy sector. It was incorporated on 28 December 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2022PLC396147.
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹17.31 Cr. It is led by directors including Bikkina Venkat Shiv Ram Babu and Santosh Chandrasekhar Ramanathan.
Its last annual general meeting (AGM) was held on 16 June 2026, and its latest financial statements are for the year ended 31 March 2026. 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 ₹6.6 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹97.27 Lakh (net margin 14.7%) and EBITDA of ₹5.8 Cr (EBITDA margin 87.9%).
As per MCA filings, the company has open charges of ₹500 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in August 2023.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tatapower.com.
Company details
Contact details
TP Bhaskar Renewables Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressC/O The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of TP Bhaskar Renewables 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 Bhaskar Renewables 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 TP Bhaskar Renewables Limited, buy the company report.
Financials of TP Bhaskar Renewables Limited
FY 2026 filings availableTP Bhaskar Renewables Limited reported revenue of ₹6.6 Cr (down 3% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA rose 16% in the latest 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹6.6 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
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| Total Expenses | ||||
| EBITDA | ₹5.8 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹97.27 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 87.9% | |||
| Net Profit Margin | 14.7% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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To see the full financial statements and ratios of TP Bhaskar Renewables Limited, buy the company report.
Board of directors of TP Bhaskar Renewables Limited
TP Bhaskar Renewables has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikkina Venkat Shiv Ram Babu | Director | 28 Dec 2022 | 3 Years 10 Months | Current |
| Santosh Chandrasekhar Ramanathan Also directs: TP Atharva Solar Limited, TP Govardhan Creatives Limited, TP Vivagreen Limited and 1 more | Director | 24 Nov 2025 | 0 Years 11 Months | Current |
| Vispi Sarosh Patel Also directs: TP Atharva Solar Limited, TP Govardhan Creatives Limited, TP Vardhaman Surya Limited and 5 more | Director | 15 Jan 2024 | 2 Years 9 Months | Current |
Auditor
TP Bhaskar Renewables Limited is audited by Jain Prakash & Associates for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Jain Prakash & Associates | FY 2026 | 003711C |
Shareholding
The shareholding of TP Bhaskar Renewables Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of TP Bhaskar Renewables Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2024 | 101019598 | Sbicap Trustee Company Limited | ₹500 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
TP Bhaskar Renewables Limited has 1 deal on record (1 rights issue); the latest was in August 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2023 | Rights issue | ₹17.26 Cr | Investors: Tata Power Renewable Energy Limited , Garware Technical Fibres Limited |
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 TP Bhaskar Renewables Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for TP Bhaskar Renewables Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for TP Bhaskar Renewables Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
TP Bhaskar Renewables Limited has 6 board changes on record since 2022: 3 appointments and 3 cessations. The latest: Jeraz Eruch Mahernosh ceased to be Director on 26 Nov 2025.
Frequently asked questions
TP Bhaskar Renewables is an active public limited company based in Mumbai, Maharashtra, India. The company works in electric power generation, within the energy industry. It was incorporated on 28 December 2022 (4+ years old) and is registered under CIN U40106MH2022PLC396147.
TP Bhaskar Renewables has 3 current directors:
- Bikkina Venkat Shiv Ram Babu - Director
- Santosh Chandrasekhar Ramanathan - Director
- Vispi Sarosh Patel - Director
The latest financial statements of TP Bhaskar Renewables on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 June 2026. Year-wise statements from FY 2023 are in the company report.
The CIN (Corporate Identification Number) of TP Bhaskar Renewables is U40106MH2022PLC396147. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Bhaskar Renewables was incorporated on 28 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
TP Bhaskar Renewables has 1 deal on record (1 rights issue); the latest was in August 2023.
Jeraz Eruch Mahernosh ceased to be Director on 26 Nov 2025. Santosh Chandrasekhar Ramanathan was appointed as Director on 24 Nov 2025. Vispi Sarosh Patel ceased to be Additional Director on 09 Jul 2024. TP Bhaskar Renewables has 6 board changes on record in total.
TP Bhaskar Renewables can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of TP Bhaskar Renewables is at CO The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009.
TP Bhaskar Renewables operates in the energy industry, in the electric power generation segment.
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