About TP Saurya Limited
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TP Saurya Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Tata Power Renewable Energy Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 02 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40101MH2020PLC343139. Its GSTIN is 27AAHCT9947K1ZH (Maharashtra). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹500 Cr and a paid-up capital of ₹5 Lakh. It is led by directors including Sanjeev Churiwala and Mahesh Dinkar Paranjpe.
Its last annual general meeting (AGM) was held on 16 July 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 ₹597.88 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹140.47 Cr (net margin -23.5%) and EBITDA of ₹523.15 Cr (EBITDA margin 87.5%). Revenue has grown at a compounded annual rate (CAGR) of 212% over three years.
The company is associated with 1 brand: Tata Power. As per MCA filings, the company has open charges of ₹5,716.05 Cr and satisfied charges of ₹5,088.9 Cr on record. Court records list 9 cases involving the company, including 4 filed by the company and 5 filed against it; 6 cases are pending.
For more details, the company can be reached via its website tatapower.com.
Company details
Contact details
TP Saurya 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, Wind Energy Solutions, Solar Energy Solutions
To see the full contact details of TP Saurya 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
Brands
TP Saurya operates one associated brand: Tata Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Electricity generation, transmission, and distribution services are provided. | tatapower.com |
Business activity
The main business activity of TP Saurya 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 Saurya Limited, buy the company report.
Financials of TP Saurya Limited
FY 2026 filings availableTP Saurya Limited reported revenue of ₹597.88 Cr (up 36% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 212% over three years, including 36% growth in the latest year. EBITDA rose 31% 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 | ₹597.88 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹523.15 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹140.47 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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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 | 87.5% | ||||
| Net Profit Margin | -23.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| 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 Saurya Limited, buy the company report.
Board of directors of TP Saurya Limited
TP Saurya has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Churiwala Also directs: TP Solar Limited, Prayagraj Power Generation Company Limited, Tata Power EV Charging Solutions Limited and 2 more | Director | 03 Feb 2022 | 4 Years 9 Months | Current |
| Mahesh Dinkar Paranjpe Also directs: TP Solar Limited, Tata Power EV Charging Solutions Limited, TP Kirnali Limited and 3 more | Director | 02 Aug 2020 | 6 Years 3 Months | Current |
| Anupama Ratta | Director | 16 Oct 2025 | 1 Years 0 Months | Current |
| Sanjay Kumar Banga Also directs: TP Solar Limited, Tata Power Renewable Energy Limited, Tata Power Green Energy Limited and 5 more | Director | 01 Jun 2025 | 1 Years 5 Months | Current |
| Bradley Byungki Kim Also directs: Tata Power Renewable Energy Limited | Director | 03 Jan 2025 | 1 Years 10 Months | Current |
Peer comparison
TP Saurya Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power, Wind Power), 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 Saurya Limitedthis company | ₹597.88 Cr (FY 2026) | -₹140.47 Cr | -23.5% | 36.0% | Mumbai, Maharashtra, India | |
| Adani Green Energy Twenty Four A Limited | ₹438.84 Cr (FY 2025) | 945.0% | Ahmedabad, Gujarat, India | |||
| Adani Wind Energy Kutchh Four Limited | ₹419.59 Cr (FY 2025) | 104.0% | Ahmedabad, Gujarat, India | |||
| Zodiac Energy Limited | ₹409.67 Cr (FY 2025) | 85.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of TP Saurya Limited, buy the company report.
Auditor
TP Saurya Limited is audited by S R B C & CO LLP for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2026 | 324982E/E300003 |
Shareholding
The shareholding of TP Saurya 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 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of TP Saurya Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Sep 2026 | 101384221 | Others | ₹1,000 Cr | Open | |
| 11 Sep 2026 | 101387328 | Indian Bank | ₹900 Cr | Open | |
| 19 Aug 2026 | 101383915 | Others | ₹716.05 Cr | Open | |
| 30 Mar 2026 | 101271768 | Axis Bank Limited | ₹2,000 Cr | Open | |
| 26 Feb 2026 | 101252519 | Others | ₹400 Cr | Open |
To see the full charge records of TP Saurya Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
TP Saurya Limited has 9 court cases on record: 4 filed by TP Saurya, 5 filed against it. 6 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 4 |
| High courts | 4 | 0 | 2 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, RAJASTHAN | Writ petition | Filed by the company against Rajasthan Renewable Energy Corporation Ltd. and 4 others | Pending |
| District court, Osmanabad, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Jalna, Maharashtra | Civil suit | Filed against the company | Pending |
| District court, Nashik, Maharashtra | Civil suit | Filed against the company | Pending |
| Bombay High Court | Writ petition | Filed by the company against State of Maharashtr and Ors | Pending |
To see the full case history of TP Saurya 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
TP Saurya Limited has 3 MSME Form 1 returns on record between 2021 and 2024, listing 7 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Datta Power Infra Private Limited | |||
| Samphy Communications Private Limited | |||
| DNV Energy India Private Limited |
To see the full MSME payment records of TP Saurya Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
TP Saurya Limited has 1 active EPFO establishment as of Nov 12, 2026.
GST
TP Saurya has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCT9947K1ZH | Maharashtra | Active | 09 Oct 2020 |
| 24AAHCT9947K1ZN | Gujarat | Active | 07 Apr 2021 |
| 08AAHCT9947K1ZH | Rajasthan | Active | 20 Apr 2021 |
| 23AAHCT9947K1ZP | Madhya Pradesh | Active | 23 Sep 2021 |
To see the full GST registrations and return filing status of TP Saurya Limited, buy the company report.
Recent activity
TP Saurya Limited has 15 board changes on record since 2020: 10 appointments and 5 cessations. The latest: Anupama Ratta was appointed as Director on 16 Oct 2025.
28 earlier events are in the company report.
Frequently asked questions
TP Saurya is an active public limited company based in Mumbai, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 02 August 2020 (6+ years old) and is registered under CIN U40101MH2020PLC343139.
TP Saurya has 5 current directors:
- Sanjeev Churiwala - Director
- Mahesh Dinkar Paranjpe - Director
- Anupama Ratta - Director
- Sanjay Kumar Banga - Director
- Bradley Byungki Kim - Director
The latest financial statements of TP Saurya on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 16 July 2026. Year-wise statements from FY 2021 are in the company report.
The GSTIN of TP Saurya is 27AAHCT9947K1ZH, registered in Maharashtra. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 24AAHCT9947K1ZN (Gujarat), 08AAHCT9947K1ZH (Rajasthan), 23AAHCT9947K1ZP (Madhya Pradesh).
The CIN (Corporate Identification Number) of TP Saurya is U40101MH2020PLC343139. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
TP Saurya has 9 court cases on record: 4 filed by the company and 5 filed against it. 6 are pending. Most are in the district courts.
TP Saurya was incorporated on 02 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of TP Saurya by revenue are Adani Green Energy Twenty Four A Limited, Adani Wind Energy Kutchh Four Limited, Zodiac Energy Limited, all in the Cleantech industry (Solar Power, Wind Power), with the same principal business activity (electricity, gas, steam and air conditioning supply).
Anupama Ratta was appointed as Director on 16 Oct 2025. Sanjay Kumar Banga was appointed as Director on 01 Jun 2025. Deepesh Kiran Nanda ceased to be Director on 31 May 2025. TP Saurya has 15 board changes on record in total.
TP Saurya has 3 MSME Form 1 returns on record between 2021 and 2024, listing 7 overdue payments to 4 micro and small suppliers. The latest return was filed on 26 Apr 2024.
TP Saurya can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of TP Saurya is at CO The Tata Power Co. Ltd Corp. Centre 34 Sant Tukaram Rd. Carnac Bunder, Mumbai, Maharashtra, India – 400009.
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