- #249 Dhruv Manmohan Sawhney & family ₹14,800 Cr

About Triveni Energy Solutions Limited
Data last updated:
Triveni Energy Solutions Limited is a public limited company based in Bangalore, Karnataka, India, a subsidiary of Triveni Turbine Limited. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 28 May 2010 and has been in existence for over 16 years.
Its director Dhruv Manmohan Sawhney and family are #249 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2010PLC053834. Its GSTIN is 29AADCG9490L1ZU (Karnataka).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹8 Cr. It was formerly known as Ge Triveni Limited. It is led by directors including Nikhil Sawhney and Dhruv Manmohan Sawhney.
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 12 – A Peenya Industrial Area Peenya, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.21 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹13.67 Cr (net margin 28.4%) and EBITDA of ₹17.12 Cr (EBITDA margin 35.5%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 19% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Cr and satisfied charges of ₹87 Cr on record. Court records list 14 cases involving the company, including 1 filed by the company and 13 filed against it; 2 cases are pending. The company has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹15.95 Cr; the latest was in March 2023. The company has 10 MSME Form 1 returns on record between 2015 and 2022, listing 73 overdue payments to 26 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website triveniturbines.com.
Company details
Recognitions & Rankings of Triveni Energy Solutions
Contact details
Triveni Energy Solutions Limited's registered office is in Bangalore, Karnataka. Its website is triveniturbines.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address12 – A Peenya Industrial Area Peenya, Bangalore, Karnataka, India – 560058
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Triveni Energy Solutions 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 Triveni Energy Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Triveni Energy Solutions Limited, buy the company report.
Financials of Triveni Energy Solutions Limited
FY 2025 filings availableTriveni Energy Solutions Limited reported revenue of ₹48.21 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 19%. EBITDA fell 23% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹17.12 Cr | ||||
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| Net Profit (PAT) | ₹13.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 35.5% | ||||
| Net Profit Margin | 28.4% | ||||
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To see the full financial statements and ratios of Triveni Energy Solutions Limited, buy the company report.
Board of directors and KMP of Triveni Energy Solutions Limited
Triveni Energy Solutions Limited currently reports 4 directors and 1 key managerial person. 39 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Sawhney Also directs: Acquire Venture Holdings LLP, Triveni Engineering and Industries Limited, Triveni Turbine Limited and 4 more | Nominee Director | 28 May 2010 | 16 Years 4 Months | Current |
| Ashok Kumar | Cfo | 18 Oct 2023 | 3 Years 0 Months | Current |
| Dhruv Manmohan Sawhney | Nominee Director | 28 May 2010 | 16 Years 4 Months | Current |
| Tarun Sawhney Also directs: Acquire Venture Holdings LLP, Triveni Engineering and Industries Limited, Triveni Turbine Limited and 5 more | Nominee Director | 01 Nov 2010 | 15 Years 11 Months | Current |
| Arun Prabhakar Mote | Nominee Director | 28 May 2010 | 16 Years 4 Months | Current |
Auditor
Triveni Energy Solutions Limited is audited by Walker Chandiok & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2022 | 001076N/N500013 |
Shareholding
The shareholding of Triveni Energy Solutions Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Triveni Energy Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Aug 2014 | 10518727 | Idbi Bank Limited | ₹10 Cr | Open | |
| 10 Jul 2015 | 10583372 | Hdfc Bank Limited | ₹30 Cr | Satisfied | |
| 28 Sep 2011 | 10312226 | Yes Bank Limited | ₹57 Cr | Satisfied |
To see the full charge records of Triveni Energy Solutions Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Triveni Energy Solutions Limited has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹15.95 Cr; the latest was in March 2023.
Deals on record (5 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Acquisition | Undisclosed | Buyer: Triveni Turbine Limited Seller: DI Netherlands BV |
| May 2017 | Secondary share transfer | Undisclosed | Buyer: DI Netherlands BV Seller: GE Mauritius Infrastructure Holdings Limited |
| Dec 2012 | Funding round | ₹5 Cr | Investors: GE Mauritius Infrastructure Holdings Limited, Triveni Turbine Limited |
| May 2011 | Secondary share transfer | Undisclosed | Buyer: Triveni Turbine Limited Seller: Triveni Engineering And Industries Limited |
| Nov 2010 | Funding round | ₹10.95 Cr | Investors: GE Mauritius Infrastructure Holdings Limited, Triveni Turbine Limited , Triveni Engineering And Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Triveni Energy Solutions Limited has 14 court cases on record: 1 filed by Triveni Energy Solutions, 13 filed against it. 2 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 10 | 0 |
| NCLT | 2 | 1 | 0 |
| District courts | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.M.A) | Filed against the company by Twentyone Sugars Limited | Pending |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by Triveni Turbine Limited | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Twentyone Sugars Ltd | Disposed |
| NCLT, Bengaluru | Company petition | Filed against the company by Triveni Turbine Limited | Disposed |
| NCLT, Bengaluru | Company petition | Filed by the company | Disposed |
To see the full case history of Triveni Energy Solutions 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.
Credit ratings & regulatory alerts
Triveni Energy Solutions Limited was last rated by Icra on 31 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 31 Dec 2021 |
To see the full credit ratings and regulatory alerts of Triveni Energy Solutions Limited, buy the company report.
MSME payment delays
Triveni Energy Solutions Limited has 10 MSME Form 1 returns on record between 2015 and 2022, listing 73 overdue payments to 26 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 (5 of 26)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| New Field Industrial Equipment Private Limited | |||
| an individual supplier | |||
| Fil Sep Equipments Private Limited | |||
| an individual supplier | |||
| Laxmi Engineering Industries (Bhopal) Private Limited |
To see the full MSME payment records of Triveni Energy Solutions Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Triveni Energy Solutions Limited has a workforce of 8 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Triveni Energy Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCG9490L1ZU | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Triveni Energy Solutions Limited, buy the company report.
Recent activity
Triveni Energy Solutions Limited has 35 board changes on record since 2010: 5 appointments and 30 cessations. The latest: Mala Sharma ceased to be Company Secretary on 30 Nov 2024.
33 earlier events are in the company report.
News
Frequently asked questions
Triveni Energy Solutions is an active public limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 28 May 2010 (16+ years old) and is registered under CIN U29253KA2010PLC053834.
Triveni Energy Solutions has 5 current directors and KMP:
- Nikhil Sawhney - Nominee Director
- Dhruv Manmohan Sawhney - Nominee Director
- Tarun Sawhney - Nominee Director
- Arun Prabhakar Mote - Nominee Director
- Ashok Kumar - Cfo
The latest financial statements of Triveni Energy Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Triveni Energy Solutions is 29AADCG9490L1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Triveni Energy Solutions is U29253KA2010PLC053834. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Triveni Energy Solutions has 14 court cases on record: 1 filed by the company and 13 filed against it. 2 are pending. Most are in the high courts.
Triveni Energy Solutions was incorporated on 28 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Triveni Energy Solutions has 5 deals on record (2 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹15.95 Cr; the latest was in March 2023.
Mala Sharma ceased to be Company Secretary on 30 Nov 2024. Ashok Kumar was appointed as CFO on 18 Oct 2023. Shekhar Datta ceased to be Nominee Director on 25 Oct 2021. Triveni Energy Solutions has 35 board changes on record in total.
Triveni Energy Solutions has 10 MSME Form 1 returns on record between 2015 and 2022, listing 73 overdue payments to 26 micro and small suppliers. The latest return was filed on 26 Apr 2022.
Triveni Energy Solutions can be reached through the website triveniturbines.com. Its registered office is in Bangalore, Karnataka, India.