About Transition Energy Services Private Limited
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Transition Energy Services Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Arena Holdings (Difc) Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 13 April 2022.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40200MH2022PTC380494. Its GSTIN is 27AAJCT3084F1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹23.19 Cr. It is led by directors Subbiah Murugan and Rohan Ghosh.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit 702 7th Floor Tower 3 Equinox Business Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹4.3 Cr (net margin -9.4%) and EBITDA of ₹39.47 Cr (EBITDA margin 86.2%).
As per MCA filings, the company has open charges of ₹1,809.05 Cr and satisfied charges of ₹224 Cr on record. The company has 1 deal on record (1 acquisition); the latest was in January 2023. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 2 smaller; the largest is Avaada Indsolar Private Limited with revenue of ₹46.99 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website brookfield.com.
Company details
Contact details
Transition Energy Services Private 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 AddressUnit 702 7th Floor Tower 3 Equinox Business Park L.B.S. Marg Kurl, A West, Mumbai, Maharashtra, India – 400070
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
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- 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 Transition Energy Services 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 Transition Energy Services Private Limited, buy the company report.
Financials of Transition Energy Services Private Limited
FY 2025 filings availableTransition Energy Services Private Limited reported revenue of ₹45.77 Cr (up 980% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 980% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
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| EBITDA | ₹39.47 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹4.3 Cr | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 86.2% | ||
| Net Profit Margin | -9.4% | ||
| 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 Transition Energy Services Private Limited, buy the company report.
Board of directors of Transition Energy Services Private Limited
Transition Energy Services has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbiah Murugan | Director | 09 Feb 2024 | 2 Years 8 Months | Current |
| Rohan Ghosh | Director | 12 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
Transition Energy Services Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Avaada Indsolar Private Limited | ₹46.99 Cr (FY 2025) | 485.0% | Noida, Uttar Pradesh, India | |||
| Solarcraft Mahasolar Private Limited | ₹46.41 Cr (FY 2025) | 1.0% | New Delhi, Delhi, India | |||
| Premier Photovoltaic Medak Private Limited | ₹46.4 Cr (FY 2025) | 32.0% | Hyderabad, Telangana, India | |||
| Azure Power Thirty Six Private Limited | ₹45.96 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Vector Green Prayagraj Solar Private Limited | ₹45.93 Cr (FY 2025) | -9.0% | Gurgaon, Haryana, India | |||
| Transition Energy Services Private Limitedthis company | ₹45.77 Cr (FY 2025) | -₹4.3 Cr | -9.4% | 980.0% | Mumbai, Maharashtra, India | |
| GMR Rajam Solar Power Private Limited | ₹45.45 Cr (FY 2025) | -50.0% | Bangalore, Karnataka, India | |||
| Azure Urja Private Limited | ₹45.29 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Transition Energy Services Private Limited, buy the company report.
Auditor
Transition Energy Services Private Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Transition Energy Services Private 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 Transition Energy Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101218401 | Others | ₹1,808.55 Cr | Open | |
| 11 Jun 2025 | 101126484 | Others | ₹50 Lakh | Open | |
| 12 Jul 2023 | 100743976 | Others | ₹224 Cr | Satisfied |
To see the full charge records of Transition Energy Services Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Transition Energy Services Private Limited has 1 deal on record (1 acquisition); the latest was in January 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2023 | Acquisition | ₹5 Lakh | Buyer: Brookfield |
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 Transition Energy Services Private 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
Transition Energy Services Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of Transition Energy Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Transition Energy Services Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Transition Energy Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCT3084F1Z6 | Maharashtra | Active | 16 Nov 2022 |
| 08AAJCT3084F1Z6 | Rajasthan | Active | 07 Aug 2023 |
To see the full GST registrations and return filing status of Transition Energy Services Private Limited, buy the company report.
Recent activity
Transition Energy Services Private Limited has 18 board changes on record since 2022: 10 appointments and 8 cessations. The latest: Devendra Sharma ceased to be Company Secretary on 24 Nov 2025.
14 earlier events are in the company report.
Frequently asked questions
Transition Energy Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 13 April 2022 (4+ years old) and is registered under CIN U40200MH2022PTC380494.
Transition Energy Services has 2 current directors:
- Subbiah Murugan - Director
- Rohan Ghosh - Director
The latest financial statements of Transition Energy Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Transition Energy Services is 27AAJCT3084F1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAJCT3084F1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Transition Energy Services is U40200MH2022PTC380494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Transition Energy Services was incorporated on 13 April 2022, making it 4+ years old. It is registered with the Registrar of Companies, Mumbai.
Transition Energy Services has 1 deal on record (1 acquisition); the latest was in January 2023.
The peers of Transition Energy Services by revenue are Avaada Indsolar Private Limited, Solarcraft Mahasolar Private Limited, Premier Photovoltaic Medak Private Limited, Azure Power Thirty Six Private Limited, Vector Green Prayagraj Solar Private Limited and 2 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Devendra Sharma ceased to be Company Secretary on 24 Nov 2025. Manish Gupta ceased to be Director on 30 Jul 2025. Devesh Khatore ceased to be Director on 12 Apr 2024. Transition Energy Services has 18 board changes on record in total.
Transition Energy Services has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 28 Oct 2023.
Transition Energy Services can be reached through the website brookfield.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Transition Energy Services is at Unit 702 7th Floor Tower 3 Equinox Business Park L.B.S. Marg Kurl, A West, Mumbai, Maharashtra, India – 400070.
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