Onix Renewable

₹58.00

0.00% 29 JUNE 2026

Listing Status:

onixrenewable.com

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Key Metrics of Onix Renewable

Market Cap
Total Equity Funding₹639 Cr in 4 rounds
Latest Funding Round₹77 Cr, Series B Aug 11, 2025
Post Money Valuation₹6,076 Cr as on Oct 13, 2025
Annual Revenue₹1,013 Cr
EBITDA₹167 Cr
EBITDA Margin16.47%
Net Profit₹115 Cr
Net Profit Margin11.34%

About the Company

Provider of renewable energy solutions focused on solar and wind energy projects, including both utility-scale and residential applications. It offers...

Price on BSE Volume

Funding Rounds

Total Rounds: 4 Onixrenewable

S.No.	Date	Round Name	Amount	TTM Revenue	Investors & Facilitators
1.	Aug 11, 2025	Series B	₹77 Cr	₹1,504 Cr	Inst: Dhyey Insurance Marketing, Dhyey Equity Advisors, Dhyey Estate Planners
2.	Jan 27, 2025	Series B	₹240 Cr	₹902 Cr	Inst: Ebisu Global Opportunities Fund, Al Maha Investment Fund, Bengal Finance and Investment, Century India Opportunity Fund, Big Capital 66 Services, Arix Capital, 6 Sigma, RRHLK Insurance Broking Services Private Limited, Dhyey Insurance Marketing Angel: Jaydeep, Jitendra, Ramakrishnan, Ajay, Ashokkumar, Dharam, Nikhil, Paresh, Mayank, Arvind, Kiran, Ambarish, Mona, Riya, Dilip, Pratik, Mohit, Milan, Avi, Viren, Uma, Samir, Krishnha, Devendra, Bina, Manju, Poonam, Kuldeep, Bipin, Solanki, Vina, Maduri, Mamta
3.	Aug 8, 2024	Series B	₹280 Cr	₹627 Cr	Inst: Ebisu Global Opportunities Fund, Devansh Trademart, Samedh Trinity Partners, Incipience Dealers Angel: Tiger, Kurjibhai, Lalitaben, Mitesh, Abhishek, Jinendra, Sunilkumar, Prachi, Manav, Mudit, Prashant, Akilandeswari, Rekha, Prakash, Ashish, Ashish
4.	Mar 12, 2024	Series A	₹41 Cr	₹352 Cr	Inst: Viney Equity Market, Stockmine Holdings, Arohana Ventures, Arix Capital Angel: Samarth, Vipul

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

FY 24-25

FY 23-24

FY 22-23

FY 21-22

FY 20-21

FY 19-20

FY 18-19

FY 17-18

FY 16-17

FY 15-16

FY 14-15

Detailed Income Statement

FY 24-25 (in Cr)

1,012.6

1,001.3

Other income

11.3

859.2

Cost of materials consumed

Purchases of stock-in-trade

473.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(8.1)

Employee benefit expense

29.5

Finance costs

10.9

2.4

351.0

Consumption of stores and spare parts

Power and fuel

0.0

Rent

4.3

Repairs to building

0.2

Repairs to machinery

Insurance

3.2

Printing stationery

0.3

Travelling conveyance

1.0

Legal professional charges

0.9

Directors sitting fees

Transportation distribution expenses

1.0

0.2

Advertising promotional expenses

6.2

Secondary packing expenses

0.2

0.5

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.3

Miscellaneous expenses

329.0

CSR expenditure

Cost repairs maintenance other assets

Subscriptions Membership Fees

0.0

Donations Subscriptions

1.3

Telephone postage

0.1

Electricity expenses

0.3

Total profit before prior period items, exceptional items, extraordinary items and tax

153.5

Total profit before extraordinary items and tax

153.5

Total profit before tax

153.5

38.7

Total profit (loss) for period from continuing operations

114.8

Total profit (loss) for period before minority interest

114.8

Profit (loss) of minority interest

Total profit (loss) for period

114.8

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Nominal value of per equity share

0.0

Detailed Balance Sheet

FY 24-25 (in Cr)

1,072.6

705.6

367.0

94.7

272.2

1,072.6

373.7

698.8

Detailed Cash Flow Statement	FY 24-25 (in Cr)
Cash flow from operating activities	(410.8)
Net cash from / (used in) operating activities	(410.8)
Cash flow from investing activities	(0.1)
Net cash from / (used in) investing activities	(0.1)
Cash flow from financing activities	565.2
Net cash from / (used) in financing activities	565.2
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	154.3
Net increase / (decrease) in cash and cash equivalents	154.3
Cash and cash equivalents at the beginning of the year	2.1
Cash and cash equivalents at the end of the year	156.4

Detailed Income Statement

FY 23-24 (in Cr)

351.7

350.3

Other income

1.3

298.9

Cost of materials consumed

Purchases of stock-in-trade

296.9

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(78.8)

Employee benefit expense

14.0

Finance costs

4.5

1.0

61.2

Consumption of stores and spare parts

Power and fuel

Rent

0.7

Repairs to building

0.0

Repairs to machinery

Insurance

0.6

0.0

Printing stationery

0.0

Travelling conveyance

0.7

Legal professional charges

2.0

Directors sitting fees

Transportation distribution expenses

0.1

Advertising promotional expenses

0.8

Secondary packing expenses

0.0

0.1

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

Miscellaneous expenses

55.4

CSR expenditure

Cost repairs maintenance other assets

0.0

Subscriptions Membership Fees

0.0

Donations Subscriptions

0.1

Telephone postage

0.0

Electricity expenses

0.3

Total profit before prior period items, exceptional items, extraordinary items and tax

52.8

Total profit before extraordinary items and tax

52.8

Total profit before tax

52.8

13.4

Total profit (loss) for period from continuing operations

39.4

Total profit (loss) for period before minority interest

39.4

Profit (loss) of minority interest

0.0

Total profit (loss) for period

39.4

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Nominal value of per equity share

0.0

Detailed Balance Sheet

FY 23-24 (in Cr)

495.1

97.5

397.6

70.3

327.3

495.1

21.3

473.8

Detailed Cash Flow Statement	FY 23-24 (in Cr)
Cash flow from operating activities	54.4
Net cash from / (used in) operating activities	54.4
Cash flow from investing activities	(169.0)
Net cash from / (used in) investing activities	(169.0)
Cash flow from financing activities	108.1
Net cash from / (used) in financing activities	108.1
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(6.4)
Net increase / (decrease) in cash and cash equivalents	(6.4)
Cash and cash equivalents at the end of the year	2.1

Detailed Income Statement

FY 22-23 (in Cr)

146.7

146.5

Other income

0.2

135.6

Cost of materials consumed

Purchases of stock-in-trade

101.5

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(15.5)

Employee benefit expense

6.0

Finance costs

1.5

0.2

41.9

Consumption of stores and spare parts

Power and fuel

0.0

Rent

0.1

Repairs to building

0.0

Repairs to machinery

Insurance

0.1

Printing stationery

0.0

Travelling conveyance

0.2

Legal professional charges

2.0

Directors sitting fees

Transportation distribution expenses

0.2

Advertising promotional expenses

0.0

Secondary packing expenses

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

39.0

CSR expenditure

Subscriptions Membership Fees

0.0

Donations Subscriptions

0.1

Telephone postage

0.0

Electricity expenses

0.1

Total profit before prior period items, exceptional items, extraordinary items and tax

11.0

Total profit before extraordinary items and tax

11.0

Total profit before tax

11.0

2.4

Total profit (loss) for period from continuing operations

8.6

Total profit (loss) for period before minority interest

8.6

Profit (loss) of minority interest

0.0

Total profit (loss) for period

8.6

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Nominal value of per equity share

0.0

Detailed Balance Sheet

FY 22-23 (in Cr)

93.9

18.0

76.0

17.5

58.4

93.9

27.2

11.3

0.1

Deferred tax assets (net)

0.1

Other non-current assets

15.7

66.7

Detailed Cash Flow Statement	FY 22-23 (in Cr)
Cash flow from operating activities	20.4
Net cash from / (used in) operating activities	20.4
Cash flow from investing activities	(16.8)
Net cash from / (used in) investing activities	(16.8)
Cash flow from financing activities	3.5
Net cash from / (used) in financing activities	3.5
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	7.1
Net increase / (decrease) in cash and cash equivalents	7.1
Cash and cash equivalents at the end of the year	8.6

Detailed Income Statement

FY 21-22 (in Cr)

99.9

Other income

0.1

97.7

Cost of materials consumed

Purchases of stock-in-trade

90.0

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(4.9)

Employee benefit expense

4.9

Finance costs

0.9

0.1

6.7

Consumption of stores and spare parts

Power and fuel

Rent

0.0

Repairs to building

Repairs to machinery

Insurance

0.0

Printing stationery

0.0

Travelling conveyance

0.1

Legal professional charges

0.2

Directors sitting fees

Advertising promotional expenses

0.0

Secondary packing expenses

0.0

Provision bad doubtful debts created

Provision bad doubtful loans advances created

Loss on disposal of intangible asset

Loss on disposal discard demolishment and destruction of depreciable tangible asset

0.0

Miscellaneous expenses

6.1

CSR expenditure

Cost repairs maintenance other assets

Subscriptions Membership Fees

0.0

Telephone postage

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

2.2

Total profit before extraordinary items and tax

2.2

Total profit before tax

2.2

0.1

Total profit (loss) for period from continuing operations

2.1

Total profit (loss) for period before minority interest

2.1

Profit (loss) of minority interest

0.0

Total profit (loss) for period

2.1

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Nominal value of per equity share

0.0

Detailed Balance Sheet

FY 21-22 (in Cr)

36.3

9.8

26.5

14.1

12.4

36.3

10.7

7.6

Deferred tax assets (net)

0.1

Other non-current assets

3.0

25.6

Detailed Cash Flow Statement	FY 21-22 (in Cr)
Cash flow from operating activities	(6.6)
Net cash from / (used in) operating activities	(6.6)
Cash flow from investing activities	2.2
Net cash from / (used in) investing activities	2.2
Cash flow from financing activities	3.1
Net cash from / (used) in financing activities	3.1
Net increase / (decrease) in cash and cash equivalents before effect of exchange rate changes	(1.2)
Net increase / (decrease) in cash and cash equivalents	(1.2)
Cash and cash equivalents at the end of the year	1.5

Detailed Income Statement

FY 20-21 (in Cr)

65.2

64.9

Other income

0.3

64.1

Cost of materials consumed

Purchases of stock-in-trade

61.2

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(5.0)

Employee benefit expense

3.4

Finance costs

0.8

Total depreciation, depletion and amortisation expense

0.1

3.4

Total profit before prior period items, exceptional items, extraordinary items and tax

1.1

Exceptional items before tax

Total profit before extraordinary items and tax

1.1

Extraordinary items before tax

Total profit before tax

1.1

0.1

Total profit (loss) for period from continuing operations

1.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

1.0

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 20-21 (in Cr)

38.2

5.4

32.8

11.1

21.7

38.2

6.5

6.4

Deferred tax assets (net)

0.0

Other non-current assets

31.8

Detailed Cash Flow Statement	FY 20-21 (in Cr)

Detailed Income Statement

FY 19-20 (in Cr)

47.0

46.9

Other income

0.2

46.5

Cost of materials consumed

41.4

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.2)

Employee benefit expense

2.9

Finance costs

0.2

Total depreciation, depletion and amortisation expense

0.0

2.0

Total profit before prior period items, exceptional items, extraordinary items and tax

0.5

Exceptional items before tax

Total profit before extraordinary items and tax

0.5

Extraordinary items before tax

Total profit before tax

0.5

(0.0)

Total profit (loss) for period from continuing operations

0.5

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.5

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 19-20 (in Cr)

15.5

1.8

13.7

1.8

11.9

15.5

0.1

Deferred tax assets (net)

0.0

Other non-current assets

15.4

Detailed Cash Flow Statement	FY 19-20 (in Cr)

Detailed Income Statement

FY 18-19 (in Cr)

25.5

25.4

Other income

0.1

25.2

Cost of materials consumed

21.6

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.7)

Employee benefit expense

1.3

Finance costs

0.1

Total depreciation, depletion and amortisation expense

0.0

2.9

Total profit before prior period items, exceptional items, extraordinary items and tax

0.3

Exceptional items before tax

Total profit before extraordinary items and tax

0.3

Extraordinary items before tax

Total profit before tax

0.3

0.1

Total profit (loss) for period from continuing operations

0.2

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.2

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

Diluted earnings per equity share

Detailed Balance Sheet

FY 18-19 (in Cr)

14.9

0.2

14.7

0.2

14.4

14.9

0.0

Deferred tax assets (net)

0.0

Other non-current assets

14.9

Detailed Cash Flow Statement	FY 18-19 (in Cr)

Detailed Income Statement

FY 17-18 (in Cr)

3.1

Other income

0.0

3.1

Cost of materials consumed

2.9

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.9)

Employee benefit expense

0.0

Finance costs

Total depreciation, depletion and amortisation expense

0.0

0.9

Total profit before prior period items, exceptional items, extraordinary items and tax

0.0

Exceptional items before tax

Total profit before extraordinary items and tax

0.0

Extraordinary items before tax

Total profit before tax

0.0

Total profit (loss) for period from continuing operations

0.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.0

Basic earning per equity share before extraordinary items

0.0

Diluted earnings per equity share before extraordinary items

0.0

Basic earning per equity share

0.0

Diluted earnings per equity share

0.0

Detailed Balance Sheet

FY 17-18 (in Cr)

3.0

0.0

3.0

0.1

2.9

3.0

0.0

Deferred tax assets (net)

0.0

Other non-current assets

3.0

Detailed Cash Flow Statement	FY 17-18 (in Cr)

Detailed Income Statement

FY 16-17 (in Cr)

0.2

Other income

0.2

Cost of materials consumed

0.2

Purchases of stock-in-trade

0.1

Changes in inventories of finished goods, work-in-progress and stock-in-trade

(0.1)

Employee benefit expense

Finance costs

0.0

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

0.0

Exceptional items before tax

Total profit before extraordinary items and tax

0.0

Extraordinary items before tax

Total profit before tax

0.0

(0.0)

Total profit (loss) for period from continuing operations

0.0

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

0.0

Basic earning per equity share before extraordinary items

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

Diluted earnings per equity share

Detailed Balance Sheet

FY 16-17 (in Cr)

0.3

0.0

0.3

0.0

Deferred tax assets (net)

0.0

Other non-current assets

0.3

Detailed Cash Flow Statement	FY 16-17 (in Cr)

Detailed Income Statement

FY 15-16 (in Cr)

0.0

Other income

0.0

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.0

Finance costs

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

Exceptional items before tax

Total profit before extraordinary items and tax

Extraordinary items before tax

Total profit before tax

Total profit (loss) for period from continuing operations

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

Basic earning per equity share before extraordinary items

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

Diluted earnings per equity share

Detailed Balance Sheet

FY 15-16 (in Cr)

0.0

Deferred tax assets (net)

Other non-current assets

0.0

Detailed Cash Flow Statement	FY 15-16 (in Cr)

Detailed Income Statement

FY 14-15 (in Cr)

0.0

Other income

0.0

Cost of materials consumed

Purchases of stock-in-trade

Changes in inventories of finished goods, work-in-progress and stock-in-trade

Employee benefit expense

0.0

Finance costs

Total depreciation, depletion and amortisation expense

0.0

Total profit before prior period items, exceptional items, extraordinary items and tax

Exceptional items before tax

Total profit before extraordinary items and tax

Extraordinary items before tax

Total profit before tax

Total profit (loss) for period from continuing operations

Profit (loss) from discontinuing operations before tax

Tax expense of discontinuing operations

Total profit (loss) from discontinuing operation after tax

Total profit (loss) for period

Basic earning per equity share before extraordinary items

Diluted earnings per equity share before extraordinary items

Basic earning per equity share

Diluted earnings per equity share

Detailed Balance Sheet

FY 14-15 (in Cr)

0.0

Deferred tax assets (net)

Other non-current assets

0.0

Detailed Cash Flow Statement	FY 14-15 (in Cr)

Shareholding Pattern

As of Apr 18, 2026 • Onixrenewable

Total Shares 129.65M

Top Shareholders

Shareholder	Category	Shares (Mn)	% Holding
Divyeshkumar Savaliya	Founder	45.00M	34.71%
Viral Deepakbhai Ranpura	Other People	37.56M	28.97%
Kamya Kamdar	Angel	5.61M	4.33%
Ebisu Global Opportunities Fund	Fund	5.60M	4.32%
Devansh Trademart	Enterprise	5.56M	4.29%