
Sirar Dhotre Solar Private Limited
About Sirar Dhotre Solar Private Limited
Data last updated:
Sirar Dhotre Solar Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kurlon Enterprise Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 21 October 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40300KA2016PTC097314. Its GSTIN is 29AAYCS0943D1ZY (Karnataka).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jitendra Kanhaiyalal Purohit and Ashok Bhima Dhotre.
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 N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2025, the company reported a revenue of ₹48.83 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹6.38 Lakh (net margin -13.1%) and EBITDA of ₹31.53 Lakh (EBITDA margin 64.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2020.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sirar Dhotre Solar Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressN – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Sirar Dhotre 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
Business activity
The main business activity of Sirar Dhotre Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Sirar Dhotre Solar Private Limited, buy the company report.
Financials of Sirar Dhotre Solar Private Limited
FY 2025 filings availableSirar Dhotre Solar Private Limited reported revenue of ₹48.83 Lakh (down 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 25% fall in the latest year. EBITDA rose 30% 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 | ₹31.53 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.38 Lakh | ||||
| 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 | 64.6% | ||||
| Net Profit Margin | -13.1% | ||||
| 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 Sirar Dhotre Solar Private Limited, buy the company report.
Board of directors of Sirar Dhotre Solar Private Limited
Sirar Dhotre Solar has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
Auditor
Sirar Dhotre Solar Private Limited is audited by ASA & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASA & Associates LLP | FY 2023 | 009571N/N500006 |
Shareholding
The shareholding of Sirar Dhotre Solar Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sirar Dhotre Solar Private Limited, buy the company report.
Deals & funding
Sirar Dhotre Solar Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2020.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2020 | Rights issue | ₹4 Lakh | Investors: Kurlon Enterprise Limited |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: Kurlon Enterprise Limited , Kanara Consumer Products Limited Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Sirar Dhotre Solar Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by an individual | Pending |
To see the full case history of Sirar Dhotre Solar Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sirar Dhotre Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sirar Dhotre Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS0943D1ZY | Karnataka | Active | 06 Aug 2021 |
To see the full GST registrations and return filing status of Sirar Dhotre Solar Private Limited, buy the company report.
Recent activity
Sirar Dhotre Solar Private Limited has 20 board changes on record since 2016: 8 appointments and 12 cessations. The latest: Savita Ashok Dhotre was appointed as Additional Director on 29 Oct 2025.
11 earlier events are in the company report.
Frequently asked questions
Sirar Dhotre Solar is an active private limited company based in Bangalore, Karnataka, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 21 October 2016 (10+ years old) and is registered under CIN U40300KA2016PTC097314.
Sirar Dhotre Solar has 8 current directors:
- Katpady Madhava Kini - Additional Director
- Jitendra Kanhaiyalal Purohit - Director
- Ashok Bhima Dhotre - Director
- Gev Framroze Engineer - Director
- Aspi Nariman Katgara - Director
- Yazdin Jimmy Mistry - Director
- Sunil Dasharath Chavan - Director
- Savita Ashok Dhotre - Additional Director
The latest financial statements of Sirar Dhotre 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 2017 are in the company report.
The GSTIN of Sirar Dhotre Solar is 29AAYCS0943D1ZY, registered in Karnataka.
The CIN (Corporate Identification Number) of Sirar Dhotre Solar is U40300KA2016PTC097314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sirar Dhotre Solar has 1 court case on record: 1 filed against it. 1 is pending.
Sirar Dhotre Solar was incorporated on 21 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Sirar Dhotre Solar has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2020.
Savita Ashok Dhotre was appointed as Additional Director on 29 Oct 2025. Jitendra Kanhaiyalal Purohit ceased to be Additional Director on 30 Sep 2022. Shamsunder Ramarathnam Shankam ceased to be Director on 31 Aug 2022. Sirar Dhotre Solar has 20 board changes on record in total.
The registered office of Sirar Dhotre Solar is at N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.