About Turtle Turbines Private Limited
Data last updated:
Turtle Turbines Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 June 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40108PN2003PTC017993. Its GSTIN is 27AACCB2052L1ZS (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Biogreen Energy Systems Private Limited. It is led by directors Vijaykumar Shivappa Dumbali and Veena Vijaykumar Dumbali.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Continuum Plot 2 Sr. No. 52/2/2 Baner – Sus Road Baner, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.57 Cr, a growth of 69% compared to the previous year. For the same year it recorded a net profit of ₹75.35 Lakh (net margin 7.1%) and EBITDA of ₹1.88 Cr (EBITDA margin 17.8%). Revenue has grown at a compounded annual rate (CAGR) of 26% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹72.42 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website turtleturbines.com.
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- Website
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- Registered AddressContinuum Plot 2 Sr. No. 52/2/2 Baner – Sus Road Baner, Pune, Maharashtra, India – 411045
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Financials of Turtle Turbines Private Limited FY 2024 filings available
Turtle Turbines Private Limited reported revenue of ₹10.57 Cr (up 69% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Turtle Turbines Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 69% growth 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 of Turtle Turbines Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.88 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹75.35 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Turtle Turbines Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 7.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
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| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Turtle Turbines are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Turtle Turbines Private Limited
Turtle Turbines Private Limited is audited by MSDN & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSDN & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Turtle Turbines Private Limited
Turtle Turbines has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Shivappa Dumbali Also directs: Turbocare Technoservices Private Limited | Director | 03 Jun 2003 | 23 Years 4 Months | Current |
| Veena Vijaykumar Dumbali Also directs: Turbocare Technoservices Private Limited | Director | 06 Feb 2023 | 3 Years 8 Months | Current |
Ownership and Shareholding of Turtle Turbines Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Turtle Turbines Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Dec 2008 | Bank of Maharashtra | ₹30 Lakh | Open |
| 27 Aug 2008 | Bank of Maharashtra | ₹10.91 Lakh | Open |
| 17 Jul 2008 | Bank of Maharashtra | ₹31.51 Lakh | Open |
Total charge records: 3 View all charges
Legal Cases of Turtle Turbines Private Limited
Turtle Turbines Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Ravraj Glucose Pvt Ltd | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Turtle Turbines Private Limited
Turtle Turbines Private Limited has a workforce of 32 employees as of Apr 05, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Turtle Turbines Private Limited
Turtle Turbines Private Limited has 4 board changes on record since 2003: 2 appointments and 2 cessations. The latest: Veena Vijaykumar Dumbali was appointed as Director on 06 Feb 2023.
Credit Ratings, Litigation & Regulatory Alerts for Turtle Turbines Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Turtle Turbines Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Turtle Turbines Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Turtle Turbines Private Limited
Turtle Turbines has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCB2052L1ZS | Maharashtra | Active | 01 Jul 2017 |
| 29AACCB2052L1ZO | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Turtle Turbines Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Turtle Turbines Private Limited
Turtle Turbines is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 June 2003 (23+ years old) and is registered under CIN U40108PN2003PTC017993.
Turtle Turbines reported revenue of ₹10.57 Cr for FY 2023 (up 69% YoY).
Turtle Turbines has 2 current directors:
- Vijaykumar Shivappa Dumbali - Director
- Veena Vijaykumar Dumbali - Director
Turtle Turbines reported a net profit of ₹75.35 Lakh (net margin 7.1%) and EBITDA of ₹1.88 Cr (EBITDA margin 17.8%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Turtle Turbines is 26% over five years. In the latest year (FY 2023) revenue rose 69%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Turtle Turbines is 27AACCB2052L1ZS, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AACCB2052L1ZO (Karnataka).
The CIN (Corporate Identification Number) of Turtle Turbines is U40108PN2003PTC017993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Turtle Turbines has 1 court case on record: 1 filed against it.
Turtle Turbines was incorporated on 03 June 2003, making it 23+ years old. It is registered with the Registrar of Companies, Pune.
Veena Vijaykumar Dumbali was appointed as Director on 06 Feb 2023. Shanta Shivappa Dumbali ceased to be Additional Director on 30 Sep 2011. Rajshri V Dumbali ceased to be Director on 20 Jun 2011. Turtle Turbines has 4 board changes on record in total.