TP Renewable Microgrid Limited
About TP Renewable Microgrid Limited
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TP Renewable Microgrid Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of The Tata Power Company Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 01 March 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40100MH2007PLC168291. Its GSTIN is 09AABCI7076A1ZP (Uttar Pradesh). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹40.1 Cr. It was formerly known as Industrial Power Utility Limited and Industrial Power Utility Private Limited. It is led by directors including Rajeev Sharma and Ajay Kapoor.
Its last annual general meeting (AGM) was held on 08 June 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹16.6 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net loss of ₹10.45 Cr (net margin -63%) and EBITDA of ₹22.94 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 90% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in October 2020. Its 3 peer companies in the Power industry (Transmission and Distribution), with the same principal business activity (electricity, gas, steam and air conditioning supply) are compared by revenue, 2 larger and 1 smaller; the largest is Nangalbibra-Bongaigaon Transmission Limited with revenue of ₹14.64 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
TP Renewable Microgrid has undergone 2 name changes throughout its history. The company was previously known as Industrial Power Utility Limited, and Industrial Power Utility Private Limited. The current legal name is Tp Renewable Microgrid Limited.
| Company Name | Status |
|---|---|
| TP Renewable Microgrid Limited | Current |
| Industrial Power Utility Limited | Previous |
| Industrial Power Utility Private Limited | Previous |
CIN history
TP Renewable Microgrid has one previous CIN (Corporate Identification Number): U74999MH2007PLC168291. The current CIN is U40100MH2007PLC168291, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40100MH2007PLC168291 | Current |
| U74999MH2007PLC168291 | Previous |
Contact details
TP Renewable Microgrid 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 Company Ltd. Corporate Center A Block 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of TP Renewable Microgrid 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 Renewable Microgrid 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 Renewable Microgrid Limited, buy the company report.
Financials of TP Renewable Microgrid Limited
FY 2026 filings availableTP Renewable Microgrid Limited reported revenue of ₹16.6 Cr (up 17% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 90% over five years, including 17% growth in the latest year. EBITDA rose 105% 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 | ₹16.6 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹10.45 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | -63% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Quick Ratio | |||||
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| 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 Renewable Microgrid Limited, buy the company report.
Board of directors of TP Renewable Microgrid Limited
TP Renewable Microgrid has 3 current directors and 23 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Sharma Also directs: Sarda Energy & Minerals Limited, JSW Energy Limited, Barmer Lignite Mining Company Limited and 5 more | Director | 13 Oct 2021 | 5 Years 1 Months | Current |
| Ajay Kapoor Also directs: Mandakini Coal Company Limited, Tubed Coal Mines Limited, Tata Power Trading Company Limited and 4 more | Director | 14 Jul 2022 | 4 Years 4 Months | Current |
| Tarun Katiyar Also directs: Tata Power Trading Company Limited, Dugar Hydro Power Limited, Solace Land Holding Limited and 5 more | Director | 15 Oct 2024 | 2 Years 0 Months | Current |
Peer comparison
TP Renewable Microgrid Limited is compared with the 3 companies closest to it by revenue in the Power industry (Transmission and Distribution), with the same principal business activity (electricity, gas, steam and air conditioning supply), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| TP Renewable Microgrid Limitedthis company | ₹16.6 Cr (FY 2026) | -₹10.45 Cr | -63% | 17.0% | 10 | Mumbai, Maharashtra, India |
| Nangalbibra-Bongaigaon Transmission Limited | ₹14.64 Cr (FY 2025) | 731650.0% | Haryana, India | |||
| SP Power & Infra Private Limited | ₹14.13 Cr (FY 2025) | 1242.0% | Delhi, India | |||
| As Power Infra Private Limited | ₹12.99 Cr (FY 2025) | -44.0% | Bangalore, Karnataka, India |
To see the full peer comparison of TP Renewable Microgrid Limited, buy the company report.
Auditor
TP Renewable Microgrid Limited is audited by S.R. Batliboi & Co. LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.R. Batliboi & Co. LLP | FY 2026 | 301003E/E300005 |
Shareholding
The shareholding of TP Renewable Microgrid Limited is on record for 5 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 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TP Renewable Microgrid Limited, buy the company report.
Deals & funding
TP Renewable Microgrid Limited has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in October 2020.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Rights issue | ₹39.99 Cr | Investors: The Tata Power Company Limited |
| Oct 2010 | Secondary share transfer | Undisclosed | Buyer: The Tata Power Company Limited Seller: Af-Taab Investment Company Limited |
| Aug 2007 | Acquisition | ₹10 Lakh | Buyer: Af-Taab Investment Company 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 Renewable Microgrid 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 Renewable Microgrid Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
TP Renewable Microgrid Limited has a workforce of 10 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 10 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of TP Renewable Microgrid Limited, buy the company report.
GST
TP Renewable Microgrid has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCI7076A1ZP | Uttar Pradesh | Active | 30 Dec 2019 |
| 10AABCI7076A1Z6 | Bihar | Active | 14 Jan 2020 |
| 24AABCI7076A1ZX | Gujarat | Active | 01 Oct 2024 |
To see the full GST registrations and return filing status of TP Renewable Microgrid Limited, buy the company report.
Recent activity
TP Renewable Microgrid Limited has 24 board changes on record since 2008: 4 appointments and 20 cessations. The latest: Tarun Katiyar ceased to be Additional Director on 01 Jul 2025.
15 earlier events are in the company report.
Frequently asked questions
TP Renewable Microgrid is an active public limited company based in Mumbai, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 01 March 2007 (19+ years old) and is registered under CIN U40100MH2007PLC168291.
TP Renewable Microgrid has 3 current directors:
- Rajeev Sharma - Director
- Ajay Kapoor - Director
- Tarun Katiyar - Director
The latest financial statements of TP Renewable Microgrid on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 08 June 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of TP Renewable Microgrid is 09AABCI7076A1ZP, registered in Uttar Pradesh. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 10AABCI7076A1Z6 (Bihar), 24AABCI7076A1ZX (Gujarat).
The CIN (Corporate Identification Number) of TP Renewable Microgrid is U40100MH2007PLC168291. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Renewable Microgrid was incorporated on 01 March 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
TP Renewable Microgrid has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 acquisition); the latest was in October 2020.
The peers of TP Renewable Microgrid by revenue are Nangalbibra-Bongaigaon Transmission Limited, SP Power & Infra Private Limited, As Power Infra Private Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electricity, gas, steam and air conditioning supply).
Tarun Katiyar ceased to be Additional Director on 01 Jul 2025. Tarun Katiyar was appointed as Director on 15 Oct 2024. Ajay Kapoor ceased to be Additional Director on 28 Sep 2022. TP Renewable Microgrid has 24 board changes on record in total.
The registered office of TP Renewable Microgrid is at CO The Tata Power Company Ltd. Corporate Center A Block 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009.
TP Renewable Microgrid operates in the energy and power industry, in the power transmission and distribution services segment.
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