Sato Solar Private Limited
About Sato Solar Private Limited
Data last updated:
Sato Solar Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 26 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29100TN2019PTC133446. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Wu Jinwei and Wu Yongping.
Its last annual general meeting (AGM) was held on 27 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No.35 Old No.20 South Sivan Koil Street Vadapalani, Chennai, Tamil Nadu, India – 600026.
As per the financials filed for FY 2023, the company reported a revenue of ₹9.6 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.08 Cr and EBITDA of -₹1.23 Cr.
Company details
Contact details
Sato Solar Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.35 Old No.20 South Sivan Koil Street Vadapalani, Chennai, Tamil Nadu, India – 600026
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Sato 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
Financials of Sato Solar Private Limited
FY 2023 filings availableSato Solar Private Limited reported revenue of ₹9.6 Lakh (up 714% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 714% in the latest year. EBITDA fell 497% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹9.6 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹1.23 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.08 Cr | |||
| 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | ||||
| Net Profit Margin | ||||
| 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 Sato Solar Private Limited, buy the company report.
Board of directors of Sato Solar Private Limited
Sato Solar has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Wu Jinwei | Director | 26 Dec 2019 | 6 Years 10 Months | Current |
| Wu Yongping | Director | 26 Dec 2019 | 6 Years 10 Months | Current |
| Suresh | Additional Director | 07 Dec 2022 | 3 Years 10 Months | Current |
Auditor
Sato Solar Private Limited is audited by V.M.V.S Rao & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V.M.V.S Rao & Co | FY 2023 | 006647S |
Shareholding
The shareholding of Sato Solar Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sato Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sato 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 Sato Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sato Solar has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sato Solar Private Limited, buy the company report.
Recent activity
Sato Solar Private Limited has 7 board changes on record since 2019: 3 appointments and 4 cessations. The latest: Vasudevan Mathivanan ceased to be Director on 09 Dec 2022.
Frequently asked questions
Sato Solar is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 26 December 2019 (7+ years old) and is registered under CIN U29100TN2019PTC133446.
Sato Solar has 3 current directors:
- Wu Jinwei - Director
- Wu Yongping - Director
- Suresh - Additional Director
The latest financial statements of Sato Solar on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 27 September 2023. Year-wise statements from FY 2020 are in the company report.
No. Sato Solar has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Sato Solar is U29100TN2019PTC133446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sato Solar was incorporated on 26 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Vasudevan Mathivanan ceased to be Director on 09 Dec 2022. Suresh was appointed as Additional Director on 07 Dec 2022. Jegadeeshwaran Pradeeshkumar ceased to be Additional Director on 30 Jun 2022. Sato Solar has 7 board changes on record in total.
The registered office of Sato Solar is at No.35 Old No.20 South Sivan Koil Street Vadapalani, Chennai, Tamil Nadu, India – 600026.
Sato Solar operates in the consumer electronics and durables industry, in the electronics manufacturing segment.
Sato Solar can be reached at its registered office: No.35 Old No.20 South Sivan Koil Street Vadapalani, Chennai, Tamil Nadu, India – 600026.