X
ONIX Renewable Limited

₹60.00

mrf 0.00%
03 Mar 2026

Listing Status: Active

Connect: •••
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Key Metrics of Onix Renewable
  • Market Cap 644.02 Cr.
  • Total Equity Funding$66M in 3 rounds
  • Latest Funding Round$28M, Series B Jan 27, 2025
  • Post Money Valuation$701M as on Jun 02, 2025
  • Annual Revenue
  • EBITDA
  • EBITDA Margin
  • Net Profit
  • Net Profit Margin
About the Company

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

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Price on BSE Volume

Funding Rounds

Total Rounds: 3 Onixrenewable

S.No. Date Round Name Amount TTM Revenue Investors & Facilitators
1. Jan 27, 2025 Series B $27.9M $42.1M
Inst: Ebisu Global Opportunities Fund, Al Maha Investment Fund, Bengal Finance and Investment, Century India Opportunity Fund, Big Capital 66, Arixcapital, 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
2. Aug 8, 2024 Series B $33.4M $42.1M
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
3. Mar 12, 2024 Series A $4.9M $17.6M
Inst: Viney Equity Market, Stockmine Holdings, Arohana Ventures, Arixcapital
Angel: Samarth, Vipul

Financial Statements

Revenue - INR (Cr)

Net Profit/Loss - INR (Cr)

Select a year from the tabs

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 StatementFY 23-24 (in Cr)
351.7
298.9
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
Detailed Balance SheetFY 23-24 (in Cr)
495.1
495.1
Detailed Cash Flow StatementFY 23-24 (in Cr)
Cash flow from operating activities 54.9
Net cash from/(used in) operating activities 54.9
Cash flow from investing activities (169.0)
Net cash from/(used in) investing activities (169.0)
Cash flow from financing activities 107.6
Net cash from/(used) in financing activities 107.6
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes (6.4)
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents (6.4)
Cash and cash equivalents at the beginning of the year 8.6
Cash and cash equivalents at the end of the year 2.1
Detailed Income StatementFY 22-23 (in Cr)
146.7
135.6
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
Detailed Balance SheetFY 22-23 (in Cr)
93.9
93.9
Detailed Cash Flow StatementFY 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
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 7.1
Cash and cash equivalents at the beginning of the year 1.5
Cash and cash equivalents at the end of the year 8.6
Detailed Income StatementFY 21-22 (in Cr)
99.9
97.7
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
Detailed Balance SheetFY 21-22 (in Cr)
36.3
36.3
Detailed Cash Flow StatementFY 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)
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents (1.2)
Cash and cash equivalents at the beginning of the year 2.7
Cash and cash equivalents at the end of the year 1.5
Detailed Income StatementFY 20-21 (in Cr)
65.2
64.1
Total profit before prior period items, exceptional items, extraordinary items and tax 1.1
Total profit before extraordinary items and tax 1.1
Total profit before tax 1.1
0.1
Total profit (loss) for period from continuing operations 1.0
Detailed Balance SheetFY 20-21 (in Cr)
38.2
38.2
Detailed Cash Flow StatementFY 20-21 (in Cr)
Cash flow from operating activities 0
Net cash from/(used in) operating activities 0
Cash flow from investing activities 0
Net cash from/(used in) investing activities 0
Cash flow from financing activities 0
Net cash from/(used) in financing activities 0
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes 0
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 0
Cash and cash equivalents at the beginning of the year 0
Cash and cash equivalents at the end of the year 0
Detailed Income StatementFY 19-20 (in Cr)
47.0
46.5
Total profit before prior period items, exceptional items, extraordinary items and tax 0.5
Total profit before extraordinary items and tax 0.5
Total profit before tax 0.5
(0.0)
Total profit (loss) for period from continuing operations 0.5
Detailed Balance SheetFY 19-20 (in Cr)
15.5
15.5
Detailed Cash Flow StatementFY 19-20 (in Cr)
Cash flow from operating activities 0
Net cash from/(used in) operating activities 0
Cash flow from investing activities 0
Net cash from/(used in) investing activities 0
Cash flow from financing activities 0
Net cash from/(used) in financing activities 0
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes 0
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 0
Cash and cash equivalents at the beginning of the year 0
Cash and cash equivalents at the end of the year 0
Detailed Income StatementFY 18-19 (in Cr)
25.5
25.2
Total profit before prior period items, exceptional items, extraordinary items and tax (25.2)
Exceptional items before tax 0
Total profit before extraordinary items and tax (25.2)
Extraordinary items before tax 0
Total profit before tax (25.2)
0.1
Total profit (loss) for period from continuing operations (0.1)
Profit (loss) from discontinuing operations before tax 0
Tax expense of discontinuing operations 0
Total profit (loss) from discontinuing operation after tax 0
Total profit (loss) for period (0.1)
Basic earning per equity share before extraordinary items 0.0
Diluted earnings per equity share before extraordinary items 0
Basic earning per equity share 0
Diluted earnings per equity share 0
Detailed Balance SheetFY 18-19 (in Cr)
14.9
14.9
Detailed Cash Flow StatementFY 18-19 (in Cr)
Detailed Income StatementFY 17-18 (in Cr)
3.1
3.1
Total profit before prior period items, exceptional items, extraordinary items and tax 0.0
Total profit before extraordinary items and tax 0.0
Total profit before tax 0.0
0.0
Total profit (loss) for period from continuing operations 0.0
Detailed Balance SheetFY 17-18 (in Cr)
3.0
3.0
Detailed Cash Flow StatementFY 17-18 (in Cr)
Cash flow from operating activities 0
Net cash from/(used in) operating activities 0
Cash flow from investing activities 0
Net cash from/(used in) investing activities 0
Cash flow from financing activities 0
Net cash from/(used) in financing activities 0
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes 0
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 0
Cash and cash equivalents at the beginning of the year 0
Cash and cash equivalents at the end of the year 0
Detailed Income StatementFY 16-17 (in Cr)
0.2
0.2
Total profit before prior period items, exceptional items, extraordinary items and tax 0.0
Total profit before extraordinary items and tax 0.0
Total profit before tax 0.0
(0.0)
Total profit (loss) for period from continuing operations 0.0
Detailed Balance SheetFY 16-17 (in Cr)
0.3
0.3
Detailed Cash Flow StatementFY 16-17 (in Cr)
Cash flow from operating activities 0
Net cash from/(used in) operating activities 0
Cash flow from investing activities 0
Net cash from/(used in) investing activities 0
Cash flow from financing activities 0
Net cash from/(used) in financing activities 0
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes 0
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 0
Cash and cash equivalents at the beginning of the year 0
Cash and cash equivalents at the end of the year 0
Detailed Income StatementFY 15-16 (in Cr)
0.0
0.0
Total profit before prior period items, exceptional items, extraordinary items and tax 0
Total profit before extraordinary items and tax 0
Total profit before tax 0
0
Total profit (loss) for period from continuing operations 0
Detailed Balance SheetFY 15-16 (in Cr)
0.0
0.0
Detailed Cash Flow StatementFY 15-16 (in Cr)
Cash flow from operating activities 0
Net cash from/(used in) operating activities 0
Cash flow from investing activities 0
Net cash from/(used in) investing activities 0
Cash flow from financing activities 0
Net cash from/(used) in financing activities 0
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes 0
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 0
Cash and cash equivalents at the beginning of the year 0
Cash and cash equivalents at the end of the year 0
Detailed Income StatementFY 14-15 (in Cr)
0.0
0.0
Total profit before prior period items, exceptional items, extraordinary items and tax 0
Total profit before extraordinary items and tax 0
Total profit before tax 0
0
Total profit (loss) for period from continuing operations 0
Detailed Balance SheetFY 14-15 (in Cr)
0.0
0.0
Detailed Cash Flow StatementFY 14-15 (in Cr)
Cash flow from operating activities 0
Net cash from/(used in) operating activities 0
Cash flow from investing activities 0
Net cash from/(used in) investing activities 0
Cash flow from financing activities 0
Net cash from/(used) in financing activities 0
Net increase/(decrease) in cash and cash equivalents before effect of exchange rate changes 0
Effect of exchange rate changes on cash and cash equivalents 0
Net increase /(decrease) in cash and cash equivalents 0
Cash and cash equivalents at the beginning of the year 0
Cash and cash equivalents at the end of the year 0

Shareholding Pattern

As of Aug 11, 2025 • Onixrenewable

Total Shares 107.87M

Top Shareholders

Shareholder Category Shares (Mn) % Holding
Divyesh Savaliya Founder 45.00M 41.72%
Piyush Savaliya Other People 21.33M 19.77%
Other Investors Other Investors 13.98M 12.96%
Ebisu Global Opportunities Fund Fund 5.60M 5.19%
Devansh Trademart Enterprise 5.56M 5.16%

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