Ulric Renewables Private Limited
About Ulric Renewables Private Limited
Data last updated:
Ulric Renewables Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electric power generation segment of the energy sector. It was incorporated on 17 January 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2023PTC397708. Its GSTIN is 27AADCU2641K1Z7 (Maharashtra).
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.35 Cr. It is led by directors Manish Kejriwal and Sushil Chandrabhan Mishra.
Its last annual general meeting (AGM) was held on 03 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹7.54 Cr, a growth of 149% compared to the previous year. For the same year it recorded a net loss of ₹14.14 Cr (net margin -187.6%) and EBITDA of ₹1.26 Cr (EBITDA margin 16.7%).
As per MCA filings, the company has open charges of ₹112.96 Cr on record. Court records list 5 cases involving the company; 4 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹19.85 Cr; the latest was in February 2023. Its 10 peer companies in the Cleantech industry (Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Ampin C&I One Private Limited with revenue of ₹3.07 Cr.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address105 1st Flr E Wing Corporate Avenue, A K Link Road Chakala Andheri E, Mumbai, Maharashtra, India – 400099
- IndustryEnergy, Electric Power Generation
- 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
Business Activity of Ulric Renewables Private Limited
The main business activity of Ulric Renewables is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Ulric Renewables Private Limited FY 2025 filings available
Ulric Renewables Private Limited reported revenue of ₹7.54 Cr (up 149% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR) of Ulric Renewables Private Limited
Revenue rose 149% in the latest year. EBITDA fell 43% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Ulric Renewables Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| 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 | ₹1.26 Cr | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.14 Cr | •••• | •••• | •••• |
| 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 of Ulric Renewables Private Limited
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 16.7% | •••• | •••• | •••• |
| Net Profit Margin | -187.6% | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• |
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 Ulric Renewables are in the company report.
Financial statements from FY 2023
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.
Peer Comparison of Ulric Renewables Private Limited
Ulric Renewables Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ulric Renewables Private Limited this company | ₹7.54 Cr (FY 2026) | •••• | •••• | 149.0% | •••• | Mumbai, Maharashtra, India |
| Ampin C&I One Private Limited | ₹3.07 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Streamtech Energy Private Limited | ₹3.06 Cr (FY 2025) | •••• | •••• | 266.0% | •••• | Chennai, Tamil Nadu, India |
| LPD Solar Power Private Limited | ₹3.05 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bengaluru, Karnataka, India |
| Vidhi Power Ventures Private Limited | ₹3.05 Cr (FY 2025) | •••• | •••• | 153.0% | •••• | Delhi, India |
| Oakinnovatica Solutions Private Limited | ₹3.03 Cr (FY 2024) | •••• | •••• | 59.0% | •••• | Pune, Maharashtra, India |
| Ibex Energy Private Limited | ₹3.02 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Hypkrt Power Private Limited | ₹3.02 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Erode, Tamil Nadu, India |
| Greenew Urja Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | 41.0% | •••• | New Delhi, Delhi, India |
| Nithraan Energy Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | 114.0% | •••• | Karur, Tamil Nadu, India |
| Affordable Solar Energy Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 614.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Ulric Renewables by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Ulric Renewables Private Limited
Ulric Renewables has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Kejriwal Also directs: Kaze Renewables Private Limited, Ardeur Renewables Private Limited, Hexis Renewables Private Limited and 5 more | Director | 04 Jul 2023 | 3 Years 3 Months | Current |
| Sushil Chandrabhan Mishra Also directs: Hexis Renewables Private Limited, Zillica Renewables Private Limited, Sthooma Renewables Private Limited and 5 more | Additional Director | 05 Jan 2026 | 0 Years 9 Months | Current |
Charges & Borrowings of Ulric Renewables Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2024 | Sbicap Trustee Company Limited | ₹48.78 Cr | Open |
| 16 Feb 2024 | Sbicap Trustee Company Limited | ₹64.18 Cr | Open |
Total charge records: 2 View all charges
Deals & Funding of Ulric Renewables Private Limited
Ulric Renewables Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹19.85 Cr; the latest was in February 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2023 | Funding round | ₹19.85 Cr | Investors: Exide Industries Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Ulric Renewables Private Limited
Ulric Renewables Private Limited has 5 court cases on record: 5 where it is another party. 4 cases are pending and 1 is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 0 | 4 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Company is another party | Pending |
| Madras High Court | Writ petition | Company is another party | Pending |
| Madras High Court | Interim or miscellaneous application | Company is another party | Disposed |
Full case history
All 5 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 Ulric Renewables Private Limited
Employment history and EPFO contributions of people linked to Ulric Renewables.
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 Ulric Renewables Private Limited
Ulric Renewables Private Limited has 7 board changes on record since 2023: 2 appointments and 5 cessations. The latest: Sushil Chandrabhan Mishra was appointed as Additional Director on 05 Jan 2026.
Credit Ratings, Litigation & Regulatory Alerts for Ulric Renewables 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 Ulric Renewables 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 Ulric Renewables 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 Ulric Renewables Private Limited
Ulric Renewables has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCU2641K1Z7 | Maharashtra | Active | 23 May 2023 |
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 Ulric Renewables 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 Ulric Renewables Private Limited
Ulric Renewables is an active private limited company based in Mumbai, Maharashtra, India. The company works in electric power generation, within the energy industry. It was incorporated on 17 January 2023 (3+ years old) and is registered under CIN U40106MH2023PTC397708.
Ulric Renewables reported revenue of ₹7.54 Cr for FY 2026 (up 149% YoY).
Ulric Renewables has 2 current directors:
- Manish Kejriwal - Director
- Sushil Chandrabhan Mishra - Additional Director
Ulric Renewables reported a net loss of ₹14.14 Cr (net margin -187.6%) and EBITDA of ₹1.26 Cr (EBITDA margin 16.7%) for FY 2026, as per its filed financial statements.
The GSTIN of Ulric Renewables is 27AADCU2641K1Z7, registered in Maharashtra.
The CIN (Corporate Identification Number) of Ulric Renewables is U40106MH2023PTC397708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ulric Renewables has 5 court cases on record. 4 are pending.
Ulric Renewables was incorporated on 17 January 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
Ulric Renewables has 1 deal on record (1 funding round), with disclosed funding of ₹19.85 Cr; the latest was in February 2023.
The peers of Ulric Renewables by revenue are Ampin C&I One Private Limited, Streamtech Energy Private Limited, LPD Solar Power Private Limited, Vidhi Power Ventures Private Limited, Oakinnovatica Solutions Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Sushil Chandrabhan Mishra was appointed as Additional Director on 05 Jan 2026. Mukesh Kumar ceased to be Additional Director on 02 Jun 2025. Amit Ranjan ceased to be Additional Director on 25 Sep 2024. Ulric Renewables has 7 board changes on record in total.