Gita Renewable Energy Limited

Produces renewable energy through wind, solar, and hydro sources, listed on BSE, founded in 2010.

2010 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Gita Renewable Energy Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 4.11 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 171.61%
  • Profit Growth 230.13%
  • Ebitda -23.19%
  • Net Worth -13.79%
  • Total Assets -67.04%

About Gita Renewable Energy

Gita Renewable Energy Limited (GREL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 January 2010 and has a history of 15 years and three months. Its registered office is in Tiruvallur, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 539013.

The Company is engaged in the Infrastructure And Utilities Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.25 Cr and a paid-up capital of Rs 4.11 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gita Renewable Energy Limited India are Vaidyanathan Kumar as CFO and Manas Sahoo as Company Secretary. Ramamoorthy Natarajan, Sekar Seshadri, Saraswathi, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L40108TN2010PLC074394

  • Company No.

    074394

  • Stock Symbol

    BSE : 539013

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jan 2010

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Infrastructure and Utilities
Company report

Gita Renewable Energy Limited

Explore comprehensive data for Gita Renewable Energy Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gita Renewable Energy?

Executive Team (3)

NameDesignationAppointment DateStatus
Ramamoorthy Natarajan Country flag representing In Managing Director31-Mar-2015Current
Vaidyanathan Kumar Country flag representing In CFO31-Mar-2015Current
Manas Sahoo Country flag representing In Company Secretary10-Oct-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Sekar Seshadri Country flag representing In Director 13-Aug-2021Current
Saraswathi Country flag representing In Director 31-Mar-2015Current
Sankaran Sivasailapathi Country flag representing In Director 31-Mar-2022Current

Financial Performance of Gita Renewable Energy.

Gita Renewable Energy Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 171.61% increase. The company also saw a substantial improvement in profitability, with a 230.13% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.79%.

Gita Renewable Energy revenue growth over time
Gita Renewable Energy profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
171.61%
Revenue from Operations
-12.50%
Total Assets
-67.04%
Profit or Loss
230.13%
Net Worth
-13.79%
EBITDA
-23.19%

What is the Ownership and Shareholding Structure of Gita Renewable Energy?

In 2023, Gita Renewable Energy had a promoter holding of 73.03% and a public holding of 26.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Gita Renewable Energy?

Unlock and access historical data on people associated with Gita Renewable Energy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Gita Renewable Energy Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gita Renewable Energy, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gita Renewable Energy's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gita Renewable Energy

Recent activity within the organization

  • Annual General Meeting

    Gita Renewable Energy Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Gita Renewable Energy Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Manas Ranjan Sahoo was appointed as a Company Secretary was appointed as a Company Secretary on 10 Oct 2022 & has been associated with this company since 2 years 7 months .

  • Director Appointment

    Sankaran Sivasailapathi was appointed as a Director was appointed as a Director on 31 Mar 2022 & has been associated with this company since 3 years 1 month .

  • Director Appointment

    Sekar Seshadri was appointed as a Director was appointed as a Director on 13 Aug 2021 & has been associated with this company since 3 years 8 months .

  • Director Appointment

    Ramamoorthy Natarajan was appointed as a Managing Director was appointed as a Managing Director on 31 Mar 2015 & has been associated with this company since 10 years 1 month .

Frequently asked questions

  • What is the Incorporation or founding date of Gita Renewable Energy Limited?

    Gita Renewable Energy Limited was incorporated on 28 Jan 2010.

  • What is authorized share capital and paid-up capital of Gita Renewable Energy Limited?

    The authorized share capital of Gita Renewable Energy Limited is ₹ 4.25 Cr and paid-up capital is ₹ 4.11 Cr.

  • Who are the current board members & directors of Gita Renewable Energy Limited?

    Currently 6 directors are associated with Gita Renewable Energy Limited.

    • Ramamoorthy Natarajan
    • Sekar Seshadri
    • Saraswathi
    • Sankaran Sivasailapathi
    • Vaidyanathan Kumar
    • Manas Ranjan Sahoo
  • What is the registered address of Gita Renewable Energy Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gita Renewable Energy Limited is Sy.No.180 181 Opg Nagar Periya Obulapuram Village Nagaraja Kandigai, Madharapakkam Road India, Gummidipoondi, Tamil Nadu, 601201.

  • What is the corporate identification number (CIN) and company number of Gita Renewable Energy Limited?

    The corporate identification number (CIN) of Gita Renewable Energy Limited is L40108TN2010PLC074394 and the company number is 074394 as per Ministry of Corporate Affairs (MCA).

  • Is Gita Renewable Energy Limited registered with any stock exchange in India?

    Yes, Gita Renewable Energy Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Gita Renewable Energy Limited?

    The Official website of Gita Renewable Energy Limited is https://www.gitarenewable.com

  • What has been the recent revenue trend for Gita Renewable Energy Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gita Renewable Energy Limited has risen by 171.61%.

  • What change has been observed in the net worth of Gita Renewable Energy Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gita Renewable Energy Limited has experienced an downturn of -13.79%.

  • When was the last Balance Sheet of Gita Renewable Energy Limited filed with the ROC?

    The most recent Balance Sheet for Gita Renewable Energy Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Power Infrastructure & Energy Projects