About Ushdev MG Windfarms Private Limited
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Ushdev MG Windfarms Private Limited is a private limited company based in Palayamkottai, Tamil Nadu, India, a subsidiary of Ushdev Power Holdings Private Limited. It operates in the electric power generation segment of the energy sector. It was incorporated on 03 December 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40102TN2012PTC088742. Its GSTIN is 33AABCU5387L2ZW (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Seeta Niraj Shah and Jitendra Nathuram Bijutkar.
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 Palayamkottai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹68,560, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹71,910 (net margin -104.9%) and EBITDA of -₹73,660 (EBITDA margin -107.4%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years and 25% over five years.
The company is associated with 1 brand: Ushdev International.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ushdev.com.
Company details
Contact details
Ushdev MG Windfarms Private Limited's registered office is in Palayamkottai, Tamil Nadu. Its website is ushdev.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No.262/2 2nd Floor Jp Complex, 2nd Middle Street Tneb Tirunelveli, Palayamkottai, Tamil Nadu, India – 627011
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of Ushdev MG Windfarms Private 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
Brands
Ushdev MG Windfarms operates one associated brand: Ushdev International. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Metal trading, recycling, and wind farm EPC services are provided. | ushdev.com |
Business activity
The main business activity of Ushdev MG Windfarms 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 Ushdev MG Windfarms Private Limited, buy the company report.
Financials of Ushdev MG Windfarms Private Limited
FY 2025 filings availableUshdev MG Windfarms Private Limited reported revenue of ₹68,560 (down 28% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 28% fall in the latest year. EBITDA fell 404% 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 | -₹73,660 | ||||
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| Net Profit (PAT) | -₹71,910 | ||||
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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 | -107.4% | ||||
| Net Profit Margin | -104.9% | ||||
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To see the full financial statements and ratios of Ushdev MG Windfarms Private Limited, buy the company report.
Board of directors of Ushdev MG Windfarms Private Limited
Ushdev MG Windfarms has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Seeta Niraj Shah | Director | 25 May 2022 | 4 Years 5 Months | Current |
| Jitendra Nathuram Bijutkar | Director | 01 Jul 2022 | 4 Years 4 Months | Current |
Peer comparison
Ushdev MG Windfarms Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Soiel Dashal Hydro Power Private Limited | ₹71,126 (FY 2017) | Shimla, Himachal Pradesh, India | ||||
| Sterlite Grid 19 Limited | ₹70,000 (FY 2024) | Haryana, India | ||||
| Soletech Private Limited | ₹69,744 (FY 2024) | -75.0% | Gurgaon, Haryana, India | |||
| Moctor Industries Private Limited | ₹69,561 (FY 2024) | 7.0% | Hyderabad, Telangana, India | |||
| Svabag Labs Private Limited | ₹69,048 (FY 2024) | 277.0% | Guntur, Andhra Pradesh, India | |||
| Ushdev MG Windfarms Private Limitedthis company | ₹68,560 (FY 2025) | -₹71,910 | -104.9% | -28.0% | Palayamkottai, Tamil Nadu, India | |
| TSW Solar Holding Private Limited | ₹67,612 (FY 2016) | 99.0% | Mumbai, Maharashtra, India | |||
| Yugvistar Industries Private Limited | ₹67,512 (FY 2023) | 33.0% | New Delhi, Delhi, India | |||
| Greensun Solar Technology Private Limited | ₹66,800 (FY 2024) | 21.0% | Kanpur, Uttar Pradesh, India | |||
| Kondaibari Energy Limited | ₹66,353 (FY 2021) | 13.0% | Mumbai, Maharashtra, India | |||
| Sew Carbons Limited | ₹66,249 (FY 2016) | -66.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Ushdev MG Windfarms Private Limited, buy the company report.
Auditor
Ushdev MG Windfarms Private Limited is audited by B S R & Associates LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Associates LLP | FY 2017 | 116231W |
Shareholding
The shareholding of Ushdev MG Windfarms Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ushdev MG Windfarms Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ushdev MG Windfarms 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 Ushdev MG Windfarms Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ushdev MG Windfarms has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCU5387L2ZW | Tamil Nadu | Active | 07 Sep 2017 |
To see the full GST registrations and return filing status of Ushdev MG Windfarms Private Limited, buy the company report.
Recent activity
Ushdev MG Windfarms Private Limited has 8 board changes on record since 2012: 5 appointments and 3 cessations. The latest: Jitendra Nathuram Bijutkar was appointed as Director on 01 Jul 2022.
News
Frequently asked questions
Ushdev MG Windfarms is an active private limited company based in Palayamkottai, Tamil Nadu, India. The company works in electric power generation, within the energy industry. It was incorporated on 03 December 2012 (14+ years old) and is registered under CIN U40102TN2012PTC088742.
Ushdev MG Windfarms has 2 current directors:
- Seeta Niraj Shah - Director
- Jitendra Nathuram Bijutkar - Director
The latest financial statements of Ushdev MG Windfarms 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 2015 are in the company report.
The GSTIN of Ushdev MG Windfarms is 33AABCU5387L2ZW, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Ushdev MG Windfarms is U40102TN2012PTC088742. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ushdev MG Windfarms was incorporated on 03 December 2012, making it 14+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Ushdev MG Windfarms by revenue are Soiel Dashal Hydro Power Private Limited, Sterlite Grid 19 Limited, Soletech Private Limited, Moctor Industries Private Limited, Svabag Labs Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Jitendra Nathuram Bijutkar was appointed as Director on 01 Jul 2022. Rakesh Devidas Amarnani ceased to be Director on 01 Jul 2022. Seeta Niraj Shah was appointed as Director on 25 May 2022. Ushdev MG Windfarms has 8 board changes on record in total.
Ushdev MG Windfarms can be reached through the website ushdev.com. Its registered office is in Palayamkottai, Tamil Nadu, India.
The registered office of Ushdev MG Windfarms is at Door No.2622 2nd Floor Jp Complex, 2nd Middle Street Tneb Tirunelveli, Palayamkottai, Tamil Nadu, India – 627011.
Ushdev MG Windfarms operates in the energy industry, in the electric power generation segment.
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