
About Clare Solar Private Limited
Data last updated:
Clare Solar Private Limited is a private limited company based in Faridabad, Haryana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 01 February 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52100HR2021PTC092597. Its GSTIN is 06AAJCC2628L1ZI (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pushpa Gupta and Deepika Gupta.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 47 Basement Part I Sector 15A, Faridabad, Haryana, India – 121007.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.33 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹44,355 (net margin 0.7%) and EBITDA of ₹75,010 (EBITDA margin 1.2%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years.
The company is associated with 1 brand: Clare Solar.
For more details, the company can be reached via its website claresolar.com.
Company details
Contact details
Clare Solar Private Limited's registered office is in Faridabad, Haryana. Its website is claresolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address47 Basement Part I Sector 15A, Faridabad, Haryana, India – 121007
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Clare Solar 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
Clare Solar operates one associated brand: Clare Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar panels and batteries, offers EPC services for renewable energy in India. | claresolar.com |
Business activity
The main business activity of Clare Solar is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Clare Solar Private Limited, buy the company report.
Financials of Clare Solar Private Limited
FY 2025 filings availableClare Solar Private Limited reported revenue of ₹62.33 Lakh (down 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 21% over three years, including a 36% fall in the latest year. EBITDA fell 9% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹75,010 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹44,355 | ||||
| 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 | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.2% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Clare Solar Private Limited, buy the company report.
Board of directors of Clare Solar Private Limited
Clare Solar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pushpa Gupta | Director | 01 Feb 2021 | 5 Years 9 Months | Current |
| Deepika Gupta | Director | 01 Feb 2021 | 5 Years 9 Months | Current |
Peer comparison
Clare Solar Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alric Infra Private Limited | ₹62.53 Lakh (FY 2019) | Panipat, Haryana, India | ||||
| Premium Creations Private Limited | ₹62.47 Lakh (FY 2025) | -65.0% | New Delhi, Delhi, India | |||
| Cronus Solutions (India) Private Limited | ₹62.38 Lakh (FY 2019) | -64.0% | Bhubaneswar, Odisha, India | |||
| Clare Solar Private Limitedthis company | ₹62.33 Lakh (FY 2025) | ₹44,355 | 0.7% | -36.0% | Faridabad, Haryana, India |
To see the full peer comparison of Clare Solar Private Limited, buy the company report.
Auditor
Clare Solar Private Limited is audited by SAHIL BHATIA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAHIL BHATIA & ASSOCIATES | FY 2021 | 027091N |
Shareholding
The shareholding of Clare Solar Private Limited is on record for FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Clare Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Clare Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Clare Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Clare Solar Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
GST
Clare Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAJCC2628L1ZI | Haryana | Active | 27 Feb 2021 |
To see the full GST registrations and return filing status of Clare Solar Private Limited, buy the company report.
Recent activity
Clare Solar Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Deepika Gupta was appointed as Director on 01 Feb 2021.
Frequently asked questions
Clare Solar is an active private limited company based in Faridabad, Haryana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 01 February 2021 (5+ years old) and is registered under CIN U52100HR2021PTC092597.
Clare Solar has 2 current directors:
- Pushpa Gupta - Director
- Deepika Gupta - Director
The latest financial statements of Clare Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Clare Solar is 06AAJCC2628L1ZI, registered in Haryana.
The CIN (Corporate Identification Number) of Clare Solar is U52100HR2021PTC092597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clare Solar was incorporated on 01 February 2021, making it 5+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Clare Solar by revenue are Alric Infra Private Limited, Premium Creations Private Limited, Cronus Solutions (India) Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Deepika Gupta was appointed as Director on 01 Feb 2021. Pushpa Gupta was appointed as Director on 01 Feb 2021.
Clare Solar can be reached through the website claresolar.com. Its registered office is in Faridabad, Haryana, India.
The registered office of Clare Solar is at 47 Basement Part I Sector 15A, Faridabad, Haryana, India – 121007.
Clare Solar operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.

