TP Narmada Solar Limited
About TP Narmada Solar Limited
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TP Narmada Solar 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 27 December 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40109MH2022PLC396087. Its GSTIN is 27AAJCT8746J1ZM (Maharashtra).
The company has an authorised share capital of ₹8.2 Cr and a paid-up capital of ₹8.19 Cr. It is led by directors including Bikkina Venkat Shiv Ram Babu and Viddyesh Kiran Raje.
Its last annual general meeting (AGM) was held on 26 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 ₹3.24 Cr, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹47.44 Lakh (net margin 14.7%) and EBITDA of ₹2.85 Cr (EBITDA margin 88.1%).
As per MCA filings, the company has open charges of ₹500 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
TP Narmada Solar Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- 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 Narmada Solar 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
Financials of TP Narmada Solar Limited
FY 2025 filings availableTP Narmada Solar Limited reported revenue of ₹3.24 Cr (down 2% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 2% in the latest year. EBITDA fell 2% 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 |
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| EBITDA | ₹2.85 Cr | |||
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| Net Profit (PAT) | ₹47.44 Lakh | |||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA Margin | 88.1% | |||
| Net Profit Margin | 14.7% | |||
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To see the full financial statements and ratios of TP Narmada Solar Limited, buy the company report.
Board of directors of TP Narmada Solar Limited
TP Narmada Solar has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bikkina Venkat Shiv Ram Babu | Director | 27 Dec 2022 | 3 Years 9 Months | Current |
| Viddyesh Kiran Raje Also directs: TP Adhrit Solar Limited, TP Akkalkot Renewable Limited, TP Arya Saurya Limited and 5 more | Director | 27 Dec 2022 | 3 Years 9 Months | Current |
| Behram Phiroze Mehta | Director | 27 Dec 2022 | 3 Years 9 Months | Current |
Auditor
TP Narmada Solar Limited is audited by JAIN PRAKASH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN PRAKASH & ASSOCIATES | FY 2023 | 003711C |
Shareholding
The shareholding of TP Narmada Solar Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of TP Narmada Solar Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2024 | 101019302 | Sbicap Trustee Company Limited | ₹500 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving TP Narmada Solar 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 Narmada Solar Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
TP Narmada Solar Limited has 1 active EPFO establishment as of Apr 08, 2024.
GST
TP Narmada Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCT8746J1ZM | Maharashtra | Active | 24 Mar 2023 |
To see the full GST registrations and return filing status of TP Narmada Solar Limited, buy the company report.
Recent activity
TP Narmada Solar Limited has 3 board changes on record since 2022: 3 appointments. The latest: Behram Phiroze Mehta was appointed as Director on 27 Dec 2022.
Frequently asked questions
TP Narmada Solar 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 27 December 2022 (4+ years old) and is registered under CIN U40109MH2022PLC396087.
TP Narmada Solar has 3 current directors:
- Bikkina Venkat Shiv Ram Babu - Director
- Viddyesh Kiran Raje - Director
- Behram Phiroze Mehta - Director
The latest financial statements of TP Narmada Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 June 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of TP Narmada Solar is 27AAJCT8746J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of TP Narmada Solar is U40109MH2022PLC396087. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Narmada Solar was incorporated on 27 December 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Behram Phiroze Mehta was appointed as Director on 27 Dec 2022. Bikkina Venkat Shiv Ram Babu was appointed as Director on 27 Dec 2022. Viddyesh Kiran Raje was appointed as Director on 27 Dec 2022.
The registered office of TP Narmada Solar is at CO The Tata Power Co.Ltd Corp Centre 34 Sant Tukaram Rd Carnac Bunder, Mumbai, Maharashtra, India – 400009.
TP Narmada Solar operates in the environment industry, in the solar energy solutions segment.
TP Narmada Solar has open charges of ₹500 Cr and no satisfied charges on record as per latest MCA filings.