About Sofarsolar India Private Limited
Data last updated:
Sofarsolar India Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 24 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2018PTC104355. Its GSTIN is 24ABACS9421P1ZY (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Brijesh Jayantilal Prajapati and Xu Tao.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2021, the company reported a revenue of ₹3 Lakh, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹1.08 Lakh (net margin 36%) and EBITDA of ₹1.33 Lakh (EBITDA margin 44.3%).
The company is associated with 1 brand: Sofar Solar.
For more details, the company can be reached via its website sofarsolar.com.
Company details
Contact details
Sofarsolar India Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sofarsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address11th Floor A – 1108 Sakar 9 Near Old Reserve Bank Opp Times Of India Ashram Road Ahmedab, Ad, Ahmedabad, Gujarat, India – 380009
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Sofarsolar India 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
Sofarsolar India operates one associated brand: Sofar Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Grid-tied solar inverters are developed, produced, and serviced globally. | sofarsolar.com |
Business activity
The main business activity of Sofarsolar India 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 Sofarsolar India Private Limited, buy the company report.
Financials of Sofarsolar India Private Limited
FY 2021 filings availableSofarsolar India Private Limited reported revenue of ₹3 Lakh (down 40% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. EBITDA rose 126% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹3 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹1.33 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹1.08 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 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 44.3% | ||
| Net Profit Margin | 36% | ||
| 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 Sofarsolar India Private Limited, buy the company report.
Board of directors of Sofarsolar India Private Limited
Sofarsolar India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Xu Tao | Additional Director | 12 Dec 2019 | 6 Years 11 Months | Current |
| Brijesh Jayantilal Prajapati Also directs: Sofarsolar Renewable Energies (OPC) Private Limited | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
Auditor
Sofarsolar India Private Limited is audited by ROHAN THAKKAR for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROHAN THAKKAR | FY 2021 | 135131 |
Shareholding
The shareholding of Sofarsolar India Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sofarsolar India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sofarsolar India 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 Sofarsolar India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sofarsolar India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABACS9421P1ZY | Gujarat | Active | 29 Nov 2018 |
To see the full GST registrations and return filing status of Sofarsolar India Private Limited, buy the company report.
Recent activity
Sofarsolar India Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Patel Soham Dineshkumar ceased to be Director on 20 Jan 2020.
News
Frequently asked questions
Sofarsolar India is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 24 September 2018 (8+ years old) and is registered under CIN U74999GJ2018PTC104355.
Sofarsolar India has 2 current directors:
- Xu Tao - Additional Director
- Brijesh Jayantilal Prajapati - Director
The latest financial statements of Sofarsolar India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Sofarsolar India is 24ABACS9421P1ZY, registered in Gujarat.
The CIN (Corporate Identification Number) of Sofarsolar India is U74999GJ2018PTC104355. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sofarsolar India was incorporated on 24 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Patel Soham Dineshkumar ceased to be Director on 20 Jan 2020. Xu Tao was appointed as Additional Director on 12 Dec 2019. Brijesh Jayantilal Prajapati was appointed as Director on 24 Sep 2018.
Sofarsolar India can be reached through the website sofarsolar.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sofarsolar India is at 11th Floor A – 1108 Sakar 9 Near Old Reserve Bank Opp Times Of India Ashram Road Ahmedab, Ad, Ahmedabad, Gujarat, India – 380009.
Sofarsolar India operates in the energy and power industry, in the power equipment manufacturers segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
