About Windar Renewable Energy Private Limited
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Windar Renewable Energy Private Limited is a private limited company based in Halol, Gujarat, India, a subsidiary of Windar Renovables Sa. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 14 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2010PTC081993. Its GSTIN is 24AABCW0085D1ZQ (Gujarat).
The company has an authorised share capital of ₹71 Cr and a paid-up capital of ₹49.74 Cr. It is led by directors including Bharathy Krishnaswamy (Whole-Time Director) and Carlos Concheso Paniagua.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 3 B GIDC Phase III Halol Industrial Estate Panchmahal, Gujarat, India – 389350.
As per the financials filed for FY 2026, the company reported a revenue of ₹475.51 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹21.26 Cr (net margin 4.5%) and EBITDA of ₹38.88 Cr (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 42% over five years.
The company has about 209 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Windar Renovables. As per MCA filings, the company has satisfied charges of ₹126 Cr on record. Court records list 9 cases involving the company, including 8 filed by the company and 1 filed against it; 1 case is pending. The company has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹76.29 Cr; the latest was in September 2023. The company has 4 MSME Form 1 returns on record between 2019 and 2022, listing 88 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website windar-renovables.es.
Company details
CIN history
Windar Renewable Energy has one previous CIN (Corporate Identification Number): U74999DL2010PTC208250. The current CIN is U74999GJ2010PTC081993, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999GJ2010PTC081993 | Current |
| U74999DL2010PTC208250 | Previous |
Contact details
Windar Renewable Energy Private Limited's registered office is in Halol, Gujarat. Its website is windar-renovables.es. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address3 B GIDC Phase III Halol Industrial Estate Panchmahal, Gujarat, India – 389350
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Windar 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
Brands
Windar Renewable Energy operates one associated brand: Windar Renovables. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Wind towers are manufactured for the renewable energy sector. | windar-renovables.com |
Business activity
The main business activity of Windar Renewable Energy is manufacturing. In detail, this covers other manufacturing.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing |
To see the full business activity and turnover split of Windar Renewable Energy Private Limited, buy the company report.
Financials of Windar Renewable Energy Private Limited
FY 2026 filings availableWindar Renewable Energy Private Limited reported revenue of ₹475.51 Cr (up 17% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 17% growth in the latest year. EBITDA fell 18% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹475.51 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹38.88 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹21.26 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 4.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| 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 Windar Renewable Energy Private Limited, buy the company report.
Board of directors of Windar Renewable Energy Private Limited
Windar Renewable Energy has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Carlos Concheso Paniagua | Director | 28 Aug 2020 | 6 Years 2 Months | Current |
| Orlando Alonso Villaron | Director | 28 Oct 2010 | 16 Years 0 Months | Current |
| Bharathy Krishnaswamy | Whole-Time Director | 09 Oct 2013 | 13 Years 1 Months | Current |
Auditor
Windar Renewable Energy Private Limited is audited by Rajat Mathur & Co for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajat Mathur & Co | FY 2026 | 023594N |
Shareholding
The shareholding of Windar Renewable Energy Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Windar Renewable Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Aug 2014 | 10521090 | Yes Bank Limited | ₹16 Cr | Satisfied | |
| 17 Oct 2012 | 10389707 | Yes Bank Limited | ₹10 Cr | Satisfied | |
| 27 Jul 2011 | 10302440 | Yes Bank Limited | ₹100 Cr | Satisfied |
To see the full charge records of Windar Renewable Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Windar Renewable Energy Private Limited has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹76.29 Cr; the latest was in September 2023.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Siemens Gamesa Renewable Power Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Siemens Gamesa Renewable Power Private Limited Seller: Siemens Gamesa Renewable Power Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Siemens Gamesa Renewable Power Private Limited Seller: Siemens Gamesa Renewable Power Private Limited |
| Jul 2013 | Funding round | ₹41.65 Cr | Investors: an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: Siemens Gamesa Renewable Power Private Limited , an individual Seller: 2 individuals |
To see the full deal history of Windar Renewable Energy Private 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
Windar Renewable Energy Private Limited has 9 court cases on record: 8 filed by Windar Renewable Energy, 1 filed against it. 1 case is pending and 8 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chandigarh | Insolvency matter | Filed by the company against Inox Wind Ltd. | Disposed |
| District court, Vadodara, Gujarat | Court case (APP IT) | Filed by the company against an individual | Pending |
| District court, Vadodara, Gujarat | Court case (APP IT) | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (APP IT) | Filed by the company against an individual | Disposed |
| District court, Vadodara, Gujarat | Court case (APP IT) | Filed by the company against an individual | Disposed |
To see the full case history of Windar Renewable Energy Private 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
Windar Renewable Energy Private Limited has 4 MSME Form 1 returns on record between 2019 and 2022, listing 88 overdue payments to 16 micro and small suppliers. 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 (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Krishna Shot Blasting India Private Limited | |||
| M/S. F&S Services | |||
| an individual supplier | |||
| Blastech | |||
| an individual supplier |
To see the full MSME payment records of Windar Renewable Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Windar Renewable Energy Private Limited has a workforce of 209 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 209 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Windar Renewable Energy Private Limited, buy the company report.
GST
Windar Renewable Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCW0085D1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Windar Renewable Energy Private Limited, buy the company report.
Recent activity
Windar Renewable Energy Private Limited has 12 board changes on record since 2010: 3 appointments and 9 cessations. The latest: Francisco Javier Ripodas Agudo ceased to be Director on 07 Sep 2023.
12 earlier events are in the company report.
News
Frequently asked questions
Windar Renewable Energy is an active private limited company based in Halol, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 14 September 2010 (16+ years old) and is registered under CIN U74999GJ2010PTC081993.
Windar Renewable Energy has 3 current directors:
- Bharathy Krishnaswamy - Whole-Time Director
- Carlos Concheso Paniagua - Director
- Orlando Alonso Villaron - Director
The latest financial statements of Windar Renewable Energy on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Windar Renewable Energy is 24AABCW0085D1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Windar Renewable Energy is U74999GJ2010PTC081993. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Windar Renewable Energy has 9 court cases on record: 8 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Windar Renewable Energy was incorporated on 14 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Windar Renewable Energy has 6 deals on record (4 secondary share transfers, 2 funding rounds), with disclosed funding of ₹76.29 Cr; the latest was in September 2023.
Francisco Javier Ripodas Agudo ceased to be Director on 07 Sep 2023. Jesus Villaron Alonso ceased to be Director on 07 Sep 2023. Carlos Concheso Paniagua ceased to be Additional Director on 28 Sep 2020. Windar Renewable Energy has 12 board changes on record in total.
Windar Renewable Energy has 4 MSME Form 1 returns on record between 2019 and 2022, listing 88 overdue payments to 16 micro and small suppliers. The latest return was filed on 30 Apr 2022.
Windar Renewable Energy can be reached through the website windar-renovables.es. Its registered office is in Halol, Gujarat, India.
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