- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KR-11-0007701

Vardhan Renewable Energy Private Limited
About Vardhan Renewable Energy Private Limited
Data last updated:
Vardhan Renewable Energy Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 03 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2016PTC085779. Its GSTIN is 29AACCF7483M1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It was formerly known as Fieldstar Renewable Energies Private Limited. It is led by directors Kuntadi Vishwas Kini and Vandana Kuntadi Kini.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 17 – 22 – 1584 Bishop Victor Road Highlands Kankanady, Mangalore, Karnataka, India – 575002.
As per the financials filed for FY 2019, the company reported a revenue of ₹48.74 Lakh, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹15,280 (net margin 0.3%) and EBITDA of -₹2.32 Lakh (EBITDA margin -4.8%).
As per MCA filings, the company has satisfied charges of ₹60 Lakh on record.
Vardhan Renewable Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0007701). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Vardhan Renewable Energy
Contact details
Vardhan Renewable Energy Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address17 – 22 – 1584 Bishop Victor Road Highlands Kankanady, Mangalore, Karnataka, India – 575002
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Vardhan Renewable Energy 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
Business activity
The main business activity of Vardhan Renewable Energy 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 Vardhan Renewable Energy Private Limited, buy the company report.
Financials of Vardhan Renewable Energy Private Limited
FY 2025 filings availableVardhan Renewable Energy Private Limited reported revenue of ₹48.74 Lakh (down 6% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹48.74 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹2.32 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹15,280 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -4.8% | |||
| Net Profit Margin | 0.3% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
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| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Vardhan Renewable Energy Private Limited, buy the company report.
Board of directors of Vardhan Renewable Energy Private Limited
Vardhan Renewable Energy 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 |
|---|---|---|---|---|
| Kuntadi Vishwas Kini | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
| Vandana Kuntadi Kini | Additional Director | 20 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Vardhan Renewable Energy Private Limited is audited by KARINGAN SUBRAMANYA KAMATH for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARINGAN SUBRAMANYA KAMATH | FY 2017 | 206803 |
Shareholding
The shareholding of Vardhan Renewable Energy Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vardhan Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Jan 2019 | 100230730 | Canara Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Vardhan Renewable Energy Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vardhan Renewable Energy 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 Vardhan Renewable Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vardhan Renewable Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF7483M1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vardhan Renewable Energy Private Limited, buy the company report.
Recent activity
Vardhan Renewable Energy Private Limited has 6 board changes on record since 2016: 5 appointments and 1 cessation. The latest: Kuntadi Vishwas Kini was appointed as Additional Director on 20 Dec 2025.
Frequently asked questions
Vardhan Renewable Energy is an active private limited company based in Mangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 03 February 2016 (10+ years old) and is registered under CIN U74900KA2016PTC085779.
Vardhan Renewable Energy has 2 current directors:
- Kuntadi Vishwas Kini - Additional Director
- Vandana Kuntadi Kini - Additional Director
The latest financial statements of Vardhan Renewable Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Vardhan Renewable Energy is 29AACCF7483M1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Vardhan Renewable Energy is U74900KA2016PTC085779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vardhan Renewable Energy was incorporated on 03 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Kuntadi Vishwas Kini was appointed as Additional Director on 20 Dec 2025. Vandana Kuntadi Kini was appointed as Additional Director on 20 Dec 2025. Harishchandra Kamath Ramaraya ceased to be Additional Director on 29 Sep 2017. Vardhan Renewable Energy has 6 board changes on record in total.
Yes, Vardhan Renewable Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0007701).
The registered office of Vardhan Renewable Energy is at 17 – 22 – 1584 Bishop Victor Road Highlands Kankanady, Mangalore, Karnataka, India – 575002.
Vardhan Renewable Energy operates in the environment industry, in the solar energy solutions segment.