About Wind Construction Limited
Data last updated:
Wind Construction Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Fortune Integrated Assets Finance 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 07 August 2009.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U65100MH2009PLC194737. Its GSTIN is 27AAACW8846R1ZB (Maharashtra). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹54 Cr and a paid-up capital of ₹50.01 Cr. It was formerly known as Wind Construction Private Limited. It was led by directors including Chintan Vijay Valia (Managing Director) and Mukesh Navinchandra Unadkat.
Its last annual general meeting (AGM) was held on 27 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2021, the company reported a revenue of ₹38.81 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net loss of ₹7.64 Cr (net margin -19.7%) and EBITDA of ₹34.41 Cr (EBITDA margin 88.7%). Revenue has grown at a compounded annual rate (CAGR) of 163% over three years and 83% over five years.
Its group structure included 1 subsidiary.
As per MCA filings, the company had satisfied charges of ₹250 Cr on record. Court records list 14 cases involving the company, including 12 filed by the company and 2 filed against it.
The last known website on record is itiorg.com.
Company details
CIN history
Wind Construction has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U65100MH2009PLC194737, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U65100MH2009PLC194737 | Current |
| U70102MH2009PTC194737 | Previous |
| U65100MH2009PTC194737 | Previous |
Contact details
Wind Construction Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressIti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Wind Construction 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 Wind Construction 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 Wind Construction Limited, buy the company report.
Financials of Wind Construction Limited
FY 2021 filings availableWind Construction Limited reported revenue of ₹38.81 Cr (up 12% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 83% over five years, including 12% growth in the latest year. EBITDA rose 4% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.81 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹34.41 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹7.64 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.7% | ||||
| Net Profit Margin | -19.7% | ||||
| 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 Wind Construction Limited, buy the company report.
Board of directors and KMP of Wind Construction Limited
Wind Construction Limited currently reports 4 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Vijay Valia Also directs: Ventana Power Generation LLP, Iti Growth Opportunities LLP, Debonair Buildwell LLP and 5 more | Managing Director | 02 Sep 2016 | 10 Years 2 Months | As last reported |
| Mukesh Navinchandra Unadkat | Director | 17 May 2019 | 7 Years 5 Months | As last reported |
| Nitul Nagindas Mehta Also directs: Iti Finance Limited | Director | 17 May 2019 | 7 Years 5 Months | As last reported |
| Haroon Noormohamed Mansuri Also directs: Viva Poddar Housing Private Limited | Company Secretary | 17 Aug 2020 | 6 Years 2 Months | As last reported |
| Darshna Devang Mehta Also directs: Unimed Technologies Limited., Man-Maya Developers Private Limited, Winstar Mercantile Company Private Limited and 5 more | Director | 05 Feb 2021 | 5 Years 9 Months | As last reported |
Peer comparison
Wind Construction Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Torrent Saurya Urja 2 Private Limited | ₹39.28 Cr (FY 2025) | 613681.0% | Ahmedabad, Gujarat, India | |||
| Shri Dhanalakshmi Green Energy India Private Limited | ₹39.08 Cr (FY 2025) | -2.0% | Coimbatore, Tamil Nadu, India | |||
| Abrel Solar Power Limited | ₹38.92 Cr (FY 2025) | 39.0% | Mumbai, Maharashtra, India | |||
| Wind Construction Limitedthis company | ₹38.81 Cr (FY 2021) | -₹7.64 Cr | -19.7% | 12.0% | Mumbai, Maharashtra, India | |
| Ushdev Engitech Limited | ₹38.64 Cr (FY 2022) | 11.0% | Chennai, Tamil Nadu, India | |||
| First Energy 3 Private Limited | ₹38.51 Cr (FY 2025) | 29.0% | Pune, Maharashtra, India | |||
| Badoni Power Private Limited | ₹38.44 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Wind Construction Limited, buy the company report.
Auditor
Wind Construction Limited is audited by JIGNESH GORADIA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JIGNESH GORADIA & ASSOCIATES | FY 2020 | 114719W |
Shareholding
The shareholding of Wind Construction Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Wind Construction Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 2018 | 100160805 | Yes Bank Limited | ₹250 Cr | Satisfied |
To see the full charge records of Wind Construction Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Wind Construction Limited has 14 court cases on record: 12 filed by Wind Construction, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 11 | 1 | 0 |
| NCLT | 2 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Court I | Tribunal matter | Filed by the company against Renew Power Services Private Limited and 2 others | Disposed |
| NCLAT, Court I | Tribunal matter | Filed by the company against Regen Powertech Private Ltd and 2 others | Disposed |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed against the company by Regen Powertech Private Limited | Disposed |
| NCLAT, NCLAT Chennai | Insolvency matter | Filed by the company against an individual | Disposed |
| NCLAT, NCLAT Chennai | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Wind Construction 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Wind Construction Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Wind Construction has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Toplink Advisors LLP | AAH-6923 |
GST
Wind Construction has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACW8846R1ZB | Maharashtra | Active | 13 Apr 2018 |
| 33AAACW8846R1ZI | Tamil Nadu | Active | 31 Jan 2018 |
To see the full GST registrations and return filing status of Wind Construction Limited, buy the company report.
Recent activity
Wind Construction Limited has 17 board changes on record since 2011: 5 appointments and 12 cessations. The latest: Darshna Devang Mehta ceased to be Additional Director on 27 Sep 2021.
10 earlier events are in the company report.
Frequently asked questions
Wind Construction 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.
Wind Construction 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 07 August 2009 and is registered under CIN U65100MH2009PLC194737. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Wind Construction was incorporated on 07 August 2009. It is registered with the Registrar of Companies, Mumbai.
Wind Construction had 5 directors and KMP:
- Chintan Vijay Valia - Managing Director
- Mukesh Navinchandra Unadkat - Director
- Nitul Nagindas Mehta - Director
- Darshna Devang Mehta - Director
- Haroon Noormohamed Mansuri - Company Secretary
The CIN (Corporate Identification Number) of Wind Construction is U65100MH2009PLC194737. 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 Wind Construction is at Iti House 36 Dr. R. K. Shirodkar Marg Parel, Mumbai, Maharashtra, India – 400012.
Wind Construction can be reached through the website itiorg.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Wind Construction on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 27 September 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Wind Construction is 27AAACW8846R1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACW8846R1ZI (Tamil Nadu).
Wind Construction operated in the environment industry, in the wind energy solutions segment.
The peers of Wind Construction by revenue are Torrent Saurya Urja 2 Private Limited, Shri Dhanalakshmi Green Energy India Private Limited, Abrel Solar Power Limited, Ushdev Engitech Limited, First Energy 3 Private Limited and 1 more, all in the Cleantech industry (Wind Power), with the same principal business activity (electric power generation, transmission and distribution).
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