About Walwhan Wind RJ Limited
Data last updated:
Walwhan Wind RJ Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Walwhan Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wind energy solutions segment of the environmental services sector. It was incorporated on 23 November 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2006PLC325050. Its GSTIN is 08AADCC0409K1ZV (Rajasthan). The company held 4 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹206 Cr and a paid-up capital of ₹148.68 Cr. It was formerly known as Walwhan Wind Rj Private Limited and Welspun Energy Rajasthan Private Limited. It was led by directors including Anjali Jayant Kulkarni and Amit Mimani.
Its last annual general meeting (AGM) was held on 09 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹140.56 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹38.94 Cr (net margin 27.7%) and EBITDA of ₹111.9 Cr (EBITDA margin 79.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
The company had about 6 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had open charges of ₹257.84 Cr and satisfied charges of ₹1,367 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company. The company has 7 deals on record (5 secondary share transfers, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹85.87 Cr; the latest was in October 2016. Its 8 peer companies in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 4 larger and 4 smaller; the largest is Avikiran Solar India Private Limited with revenue of ₹145.84 Cr. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier.
The last known website on record is tatapower.com.
Company details
Name history
Walwhan Wind RJ has undergone 3 name changes throughout its history. The company was previously known as Walwhan Wind Rj Private Limited, Welspun Energy Rajasthan Private Limited, and Core Textiles Private Limited. The current legal name is Walwhan Wind Rj Limited.
| Company Name | Status |
|---|---|
| Walwhan Wind RJ Limited | Current |
| Walwhan Wind Rj Private Limited | Previous |
| Welspun Energy Rajasthan Private Limited | Previous |
| Core Textiles Private Limited | Previous |
CIN history
Walwhan Wind RJ has 4 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108MH2006PLC325050, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108MH2006PLC325050 | Current |
| U40108DL2006PLC274219 | Previous |
| U40108DL2006PTC274219 | Previous |
| U40108MH2006PTC165751 | Previous |
| U17299MH2006PTC165751 | Previous |
Contact details
Walwhan Wind RJ Limited's registered office is in Mumbai, Maharashtra. Its website is tatapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressC/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Walwhan Wind RJ 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 Walwhan Wind RJ 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 Walwhan Wind RJ Limited, buy the company report.
Financials of Walwhan Wind RJ Limited
FY 2024 filings availableWalwhan Wind RJ Limited reported revenue of ₹140.56 Cr (up 6% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 6% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 6% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹111.9 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.94 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 79.6% | ||||
| Net Profit Margin | 27.7% | ||||
| 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 Walwhan Wind RJ Limited, buy the company report.
Board of directors and KMP of Walwhan Wind RJ Limited
Walwhan Wind RJ Limited currently reports 3 directors and 3 key managerial personnel. 26 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anjali Jayant Kulkarni | Director | 26 Jun 2018 | 8 Years 4 Months | As last reported |
| Ashwinikumar Ganpatrao Patil | Ceo | 19 Aug 2020 | 6 Years 2 Months | As last reported |
| Gaurav Upadhyay Also directs: TP Saturn Limited | Company Secretary | 01 May 2023 | 3 Years 5 Months | As last reported |
| Amit Mimani | Director | 03 Nov 2023 | 2 Years 11 Months | As last reported |
| Kasturi Soundararajan | Director | 26 Jun 2018 | 8 Years 4 Months | As last reported |
| Behram Phiroze Mehta | Cfo | 06 Mar 2019 | 7 Years 7 Months | As last reported |
Peer comparison
Walwhan Wind RJ Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Wind Power), 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 |
|---|---|---|---|---|---|---|
| Avikiran Solar India Private Limited | ₹145.84 Cr (FY 2024) | 0.0% | New Delhi, Delhi, India | |||
| Wind World Wind Farms (Krishna) Limited | ₹143.89 Cr (FY 2025) | -11.0% | Mumbai, Maharashtra, India | |||
| Clean Wind Power (Ratlam) Private Limited | ₹141.16 Cr (FY 2024) | 7.0% | New Delhi, Delhi, India | |||
| Axis Wind Farms (Rayalaseema) Private Limited | ₹140.78 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Walwhan Wind RJ Limitedthis company | ₹140.56 Cr (FY 2024) | ₹38.94 Cr | 27.7% | 6.0% | 6 | Mumbai, Maharashtra, India |
| Remc Limited | ₹140.47 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Renew Wind Energy (Varekarwadi) Private Limited | ₹140.1 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Renew Wind Energy (Karnataka) Private Limited | ₹139.3 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India | |||
| Mytrah Vayu (Indravati) Private Limited | ₹138.63 Cr (FY 2025) | -16.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Walwhan Wind RJ Limited, buy the company report.
Auditor
Walwhan Wind RJ Limited is audited by S R B C & CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Walwhan Wind RJ Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Walwhan Wind RJ Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2020 | 100356388 | Others | ₹50 Cr | Satisfied | |
| 31 Dec 2019 | 100318504 | Canara Bank | ₹100 Cr | Satisfied | |
| 27 Mar 2018 | 100168365 | Sbicap Trustee Company Limited | ₹587 Cr | Satisfied | |
| 17 Dec 2014 | 10537264 | Sbicap Trustee Company Limited | ₹630 Cr | Satisfied |
To see the full charge records of Walwhan Wind RJ Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Walwhan Wind RJ Limited has 7 deals on record (5 secondary share transfers, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹85.87 Cr; the latest was in October 2016.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: Walwhan Renewable Energy Limited Wrel Seller: Guayama P.R. Holdings B.V. |
| May 2015 | Secondary share transfer | Undisclosed | Buyer: Guayama P.R. Holdings B.V. Seller: Walwhan Renewable Energy Limited Wrel |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: Walwhan Renewable Energy Limited Wrel Seller: Welspun Energy Private Limited |
| Mar 2010 | Acquisition | Undisclosed | Buyer: Welspun Energy Private Limited Seller: Welspun Mercantile Limited , Welspun Tradings Limited , Krishiraj Trading Limited |
| Feb 2008 | Secondary share transfer | Undisclosed | Buyer: Krishiraj Trading Limited , Welspun Tradings Limited , Welspun Mercantile Limited Seller: 2 individuals |
To see the full deal history of Walwhan Wind RJ Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Walwhan Wind RJ Limited has 2 court cases on record: 2 filed by Walwhan Wind RJ. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
To see the full case history of Walwhan Wind RJ Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Walwhan Wind RJ Limited was last rated by Crisil on 04 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 04 Nov 2020 |
To see the full credit ratings and regulatory alerts of Walwhan Wind RJ Limited, buy the company report.
MSME payment delays
Walwhan Wind RJ Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mitarsh Energy Private Limited |
To see the full MSME payment records of Walwhan Wind RJ Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Walwhan Wind RJ Limited has a workforce of 6 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Walwhan Wind RJ has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCC0409K1ZV | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Walwhan Wind RJ Limited, buy the company report.
Recent activity
Walwhan Wind RJ Limited has 28 board changes on record since 2010: 6 appointments and 22 cessations. The latest: Amit Mimani ceased to be Additional Director on 08 Jul 2024.
29 earlier events are in the company report.
News
Frequently asked questions
Walwhan Wind RJ has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Walwhan Wind RJ was a public limited company based in Mumbai, Maharashtra, India. The company worked in wind energy solutions, within the environment industry. It was incorporated on 23 November 2006 and is registered under CIN U40108MH2006PLC325050. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Walwhan Wind RJ was incorporated on 23 November 2006. It is registered with the Registrar of Companies, Mumbai.
Walwhan Wind RJ had 6 directors and KMP:
- Anjali Jayant Kulkarni - Director
- Amit Mimani - Director
- Kasturi Soundararajan - Director
- Ashwinikumar Ganpatrao Patil - Ceo
- Gaurav Upadhyay - Company Secretary
- Behram Phiroze Mehta - Cfo
The CIN (Corporate Identification Number) of Walwhan Wind RJ is U40108MH2006PLC325050. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Walwhan Wind RJ is at CO The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009.
Walwhan Wind RJ can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Walwhan Wind RJ on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 09 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Walwhan Wind RJ is 08AADCC0409K1ZV, registered in Rajasthan. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
Walwhan Wind RJ operated in the environment industry, in the wind energy solutions segment.
Walwhan Wind RJ has 7 deals on record (5 secondary share transfers, 1 convertible or debt financing, 1 acquisition), with disclosed funding of ₹85.87 Cr; the latest was in October 2016.
The peers of Walwhan Wind RJ by revenue are Avikiran Solar India Private Limited, Wind World Wind Farms (Krishna) Limited, Clean Wind Power (Ratlam) Private Limited, Axis Wind Farms (Rayalaseema) Private Limited, Remc Limited and 3 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).