DPIIT recognised startup Government of India
Startup India
Tvaksas Renewable Private Limited
Tvaksas Renewable Private Limited - energy and power in Pune, Maharashtra, India. Directors, charges & compliance details.
Revenue · FY 2024
₹8.61 Lakh
▼ 60% YoY
Net loss · FY 2024
₹3.01 Lakh
Net margin -35%
EBITDA · FY 2024
-₹1.93 Lakh
EBITDA margin -22.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Last financials
Mar 2025
Balance sheet date
About Tvaksas Renewable Private Limited
Data last updated:
Tvaksas Renewable Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 10 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40100PN2021PTC200852.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hardik Pravinchandra Dave and Bhakti Hardik Dave.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Flat No. 907 S.No 202 Building A/1 Leisure Town, Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.61 Lakh, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹3.01 Lakh (net margin -35%) and EBITDA of -₹1.93 Lakh (EBITDA margin -22.4%).
Tvaksas Renewable Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0120730). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40100PN2021PTC200852
Registration Number 200852
Incorporation Date 10 May 2021
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0120730
Recognitions & Rankings of Tvaksas Renewable
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2021-22)
- Udyam number
- UDYAM-MH-26-0120730
Contact details
Tvaksas Renewable Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressFlat No. 907 S.No 202 Building A/1 Leisure Town, Pune, Maharashtra, India – 411028
- IndustryEnergy and Power, Power Transmission & Distribution Services
Comprehensive company report
Tvaksas Renewable Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Tvaksas Renewable 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 Tvaksas Renewable Private Limited, buy the company report.
Financials of Tvaksas Renewable Private Limited
FY 2025 filings availableTvaksas Renewable Private Limited reported revenue of ₹8.61 Lakh (down 60% YoY) for FY 2024.
Revenue · FY 2024
₹8.61 Lakh ▼ 60%
Net loss · FY 2024
₹3.01 Lakh margin -35%
EBITDA · FY 2024
-₹1.93 Lakh margin -22.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 60%
EBITDA CAGR growth
1 year
▼ 123%
Revenue fell 60% in the latest year. EBITDA fell 123% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.93 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹3.01 Lakh | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -22.4% | ||
| Net Profit Margin | -35% | ||
| 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 | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Tvaksas Renewable Private Limited, buy the company report.
Board of directors of Tvaksas Renewable Private Limited
Tvaksas Renewable has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hardik Pravinchandra Dave Also directs: Tvaksas Green Energy Private Limited | Director | 10 May 2021 | 5 Years 6 Months | Current |
| Bhakti Hardik Dave Also directs: Agreeveer Vahan Limited, Tvaksas Green Energy Private Limited | Director | 10 May 2021 | 5 Years 6 Months | Current |
Peer comparison
Tvaksas Renewable Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| Unisource Synergies Private Limited | ₹9.04 Lakh (FY 2019) | 519.0% | Mumbai, Maharashtra, India | |||
| Sungear Energies Private Limited | ₹8.84 Lakh (FY 2019) | Sps Nellore, Andhra Pradesh, India | ||||
| Bihar Transmission Ltd | ₹8.7 Lakh (FY 2024) | -87.0% | Boring Road, Patna- 800 001, Bihar, India | |||
| Tvaksas Renewable Private Limitedthis company | ₹8.61 Lakh (FY 2024) | -₹3.01 Lakh | -35% | -60.0% | Pune, Maharashtra, India | |
| Deccan Industrial Explosives Private Limited | ₹8.28 Lakh (FY 2022) | -7.0% | Pune, Maharashtra, India | |||
| Atria Wind Power (An) Private Limited | ₹7.92 Lakh (FY 2022) | 4333.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Tvaksas Renewable Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tvaksas Renewable 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
No delayed payments to MSME suppliers are on our record for Tvaksas Renewable Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Tvaksas Renewable Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tvaksas Renewable Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Bhakti Hardik Dave was appointed as Director on 10 May 2021.
AGM
Tvaksas Renewable Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Tvaksas Renewable Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Appointed
Bhakti Hardik Dave was appointed as Director.
Appointed
Bhakti Hardik Dave was appointed as Director.
Appointed
Hardik Pravinchandra Dave was appointed as Director.
Incorporation
10 May 2021
Tvaksas Renewable Private Limited was registered on 10 May 2021 with Roc Pune & aged 5 years 6 months as per MCA records.
Frequently asked questions
Tvaksas Renewable is an active private limited company based in Pune, Maharashtra, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 10 May 2021 (5+ years old) and is registered under CIN U40100PN2021PTC200852.
Tvaksas Renewable has 2 current directors:
- Hardik Pravinchandra Dave - Director
- Bhakti Hardik Dave - Director
The latest financial statements of Tvaksas Renewable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Tvaksas Renewable is U40100PN2021PTC200852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tvaksas Renewable was incorporated on 10 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Tvaksas Renewable by revenue are Unisource Synergies Private Limited, Sungear Energies Private Limited, Bihar Transmission Ltd, Deccan Industrial Explosives Private Limited, Atria Wind Power (An) Private Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Bhakti Hardik Dave was appointed as Director on 10 May 2021. Bhakti Hardik Dave was appointed as Director on 10 May 2021. Hardik Pravinchandra Dave was appointed as Director on 10 May 2021.
Yes, Tvaksas Renewable is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Tvaksas Renewable is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0120730).
The registered office of Tvaksas Renewable is at Flat No. 907 S.No 202 Building A1 Leisure Town, Pune, Maharashtra, India – 411028.
Tvaksas Renewable operates in the energy and power industry, in the power transmission and distribution services segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages