Gita Renewable Energy

What Gita Renewable Energy does

Gita Renewable Energy Limited (BSE: 539013) is a publicly-listed Indian renewable power generator incorporated as a public limited company under the Companies Act, 1956, with its registered office in Gummidipoondi, Tamil Nadu. The company's stated main object is to generate electrical power from renewable resources, specifically wind, solar, and hydro, positioning it as a diversified renewable Independent Power Producer (IPP) on paper. Its product portfolio comprises three core generation categories — wind power generation, solar power generation, and hydro power generation — though no installed capacity, generation output, or project pipeline details are disclosed in available sources.

The business model relies on selling generated electricity to electricity grids and distribution companies in South India, with distribution companies serving as the primary customer segment to fulfill renewable purchase obligations. Despite the listed-entity structure, the company is effectively dormant on the revenue side: per its Q4 March 2026 and Q4 March 2025 disclosures, the company reported no sales in either quarter, with annual net loss narrowing marginally (from Rs 0.39 crore to Rs 0.01 crore for FY March 2026) and a Q4 standalone net profit of Rs 0.20 crore derived from non-operating sources. Headcount is reported at 1-10 employees, consistent with a shell-IPP posture rather than an active operating utility.

The company maintains regulatory-compliance infrastructure typical of a SEBI-listed entity, including a Compliance Officer, Registrar & Share Transfer Agent (Cameo Corporate Services Ltd), and a Board of Directors comprising Managing Director Ramamoorthy Natarajan, Director Saraswathi, and Independent Directors Seshadri Sekar and Sankaran Sivasailapathi. Distribution channels are limited to its corporate website, BSE filing platform, and any off-take arrangements with electricity distribution companies; no partnerships, subsidiaries, or alliances are disclosed. The corporate website remains a basic static site with 2013 copyright, indicating minimal ongoing digital or marketing investment.

Name

Gita Renewable Energy

Legal name

Gita Renewable Energy Limited

Website

https://gitarenewable.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

1–10 employees

Short description

Gita Renewable Energy Limited is a publicly-listed Indian renewable power generator producing electricity from wind, solar, and hydro resources, selling output to electricity grids and distribution companies in South India. The company is effectively dormant on revenue, reporting no sales in recent quarters.

Ownership category

akta.pro rank

Product category

Renewable Power Generation

NAICS

Electric Power Generation (22111), Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Hydroelectric Power Generation (221111)

SIC

Electric Services (4911), Cogeneration Services & Small Power Producers (4991)

akta.pro industry

PRIMARYEUACALAJ

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro)

Energy, Utilities & Environment/Electric Power Generation/Distributed & Behind-the-Meter Power Generation (Microgrids, DG)

SECONDARYEUAEAMAB

Renewable Energy Asset Management (Solar/Wind/Hydro/Geothermal)

Energy, Utilities & Environment/Energy Infrastructure & Services (EPC, O&M, Field Services)/Energy Infrastructure Asset Management

Keywords

• Renewable power generation
• Wind power generation
• Solar power generation
• Hydro power generation
• Clean energy production

Headquarters

HQ city

Gummidipundi

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Infrastructure, Personnel, Others

Revenue model

1. Power Generation Revenue: The company generates electricity from renewable resources (wind, solar, and hydro) and sells it to the grid or distribution companies. Financial reports indicate the company reported no sales for Q4 March 2026 and Q4 March 2025 periods, with net profit coming from other sources. Annual results show net loss narrowing from Rs 0.39 crore to Rs 0.01 crore.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Gita Renewable Energy Limited generates electrical power from renewable resources, including wind, solar, and hydro. The company was incorporated as a public limited company under the Companies Act, 1956 with the main objects of producing renewable power, and the electricity generated is sold to electricity grids and distribution companies in India.

Product overview

Gita Renewable Energy Limited operates as a single unified renewable energy generation company focused on producing electrical power from renewable resources. The company offers three core generation types: Wind Power, Solar Power, and Hydro Power. The company is publicly listed on the Bombay Stock Exchange (BSE: 539013) and maintains an investor relations function with regulatory filings and annual reports.

Differentiator

Problem solved

Functional benefit

Products and services

• Wind Power Generation
• Solar Power Generation
• Hydro Power Generation

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• NHPC Limited: India's largest state-owned hydroelectric power generator. Comparable through its hydro power generation mandate, but operates at vastly greater scale as a government-owned utility.
• Adani Green Energy: India's largest renewable IPP with solar, wind, and hybrid assets. Comparable through its renewable generation business in India, but operates at massive scale across multiple technologies versus Gita's micro-cap profile.
• Suzlon Energy: India's largest domestic wind turbine manufacturer and IPP. Comparable as a major Indian wind power generator, but operates at vastly larger scale than Gita and includes manufacturing operations.
• Inox Wind: Indian wind turbine manufacturer and operator of wind power assets. Comparable through its wind generation activities in India, though significantly larger than Gita and vertically integrated into equipment manufacturing.

Direct peers

• Indowind Energy: Small-cap Indian renewable power producer focused on wind energy generation, listed on Indian exchanges. Comparable to Gita in scale, listing structure, and focus on utility-scale renewable generation in India.
• Orient Green Power Company: Indian BSE-listed renewable IPP operating wind, biomass, and small hydro assets. Closely comparable to Gita as a small-cap, multi-technology renewable generator listed on Indian exchanges with similarly modest operating scale.
• Karma Energy: Indian small-cap renewable IPP with wind, hydro, and biomass assets. Directly comparable as a multi-source renewable generator of similar size and listed status to Gita Renewable Energy.

Emerging players

• Websol Energy System: India-listed solar cell and module manufacturer with adjacent renewable energy operations. Comparable as a small-cap BSE-listed renewable energy company, though positioned upstream in solar manufacturing rather than power generation.

Market position

Strengths3 records

Weaknesses4 records

Competitive moat2 records

Key risks5 records

Key highlights3 records

Customer concentration

• LinkedInlinkedin.com/company/gita-renewable-energy-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Gita Renewable Energy