About Solar Turbines India Private Limited
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Solar Turbines India Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Solar Turbines Switzerland Sagl. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 29 May 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45207MH2001PTC132156. Its GSTIN is 27AABCT7422R1ZR (Maharashtra). The company holds 6 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹48.79 Lakh. It was formerly known as Turbomach (India) Private Limited. It is led by directors including Rupesh Gurunath Kadam (Whole-Time Director) and Anup Ramesh Hanmante (Whole-Time Director).
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹61.08 Cr, a growth of 79% compared to the previous year. For the same year it recorded a net profit of ₹26.67 Cr (net margin 43.7%) and EBITDA of ₹36.71 Cr (EBITDA margin 60.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solar Turbines. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solarturbines.com.
Company details
Contact details
Solar Turbines India Private Limited's registered office is in Mumbai, Maharashtra. Its website is solarturbines.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address401 4th Floor B Wing Delphi Orchard Avenue Powai Business District, Powai, Mumbai, Maharashtra, India – 400076
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Solar Turbines 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
Solar Turbines India operates one associated brand: Solar Turbines. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of gas turbine systems for petroleum and power industries | solarturbines.com |
Business activity
The main business activity of Solar Turbines India is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Solar Turbines India Private Limited, buy the company report.
Financials of Solar Turbines India Private Limited
FY 2025 filings availableSolar Turbines India Private Limited reported revenue of ₹61.08 Cr (up 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 79% growth in the latest year. EBITDA rose 109% 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 |
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| EBITDA | ₹36.71 Cr | ||||
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| Net Profit (PAT) | ₹26.67 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 60.1% | ||||
| Net Profit Margin | 43.7% | ||||
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To see the full financial statements and ratios of Solar Turbines India Private Limited, buy the company report.
Board of directors of Solar Turbines India Private Limited
Solar Turbines India has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyan Fen Wong | Director | 25 May 2022 | 4 Years 5 Months | Current |
| Daryl Uei Wang | Additional Director | 26 Mar 2024 | 2 Years 7 Months | Current |
| Rupesh Gurunath Kadam | Whole-Time Director | 30 Sep 2024 | 2 Years 1 Months | Current |
| Anup Ramesh Hanmante | Whole-Time Director | 08 May 2023 | 3 Years 6 Months | Current |
Auditor
Solar Turbines India Private Limited is audited by PRICE WATERHOUSE for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRICE WATERHOUSE | FY 2022 | 301112E |
Shareholding
The shareholding of Solar Turbines India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Turbines India Private Limited, buy the company report.
Legal cases
Solar Turbines India Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0303-Direct Taxes Matter : Other matters under Income Tax act, 1961) | Filed against the company by PR. Commissioner of Income Tax 15 Aayakar Bhawan, M.K. Road ,Mumbai , Maharashtra | Pending |
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax -15 | Disposed |
To see the full case history of Solar Turbines India 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 Solar Turbines India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Turbines India Private Limited has a workforce of 21 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Solar Turbines India has 6 GST registrations: 1 active and 5 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT7422R1ZR | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solar Turbines India Private Limited, buy the company report.
Recent activity
Solar Turbines India Private Limited has 22 board changes on record since 2009: 5 appointments and 17 cessations. The latest: Rupesh Gurunath Kadam was appointed as Whole-Time Director on 30 Sep 2024.
13 earlier events are in the company report.
Frequently asked questions
Solar Turbines India is an active private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 29 May 2001 (25+ years old) and is registered under CIN U45207MH2001PTC132156.
Solar Turbines India has 4 current directors:
- Rupesh Gurunath Kadam - Whole-Time Director
- Anup Ramesh Hanmante - Whole-Time Director
- Shyan Fen Wong - Director
- Daryl Uei Wang - Additional Director
The latest financial statements of Solar Turbines India 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 2015 are in the company report.
The GSTIN of Solar Turbines India is 27AABCT7422R1ZR, registered in Maharashtra. The company has 6 GST registrations in all, of which 1 is active and 5 are cancelled or inactive.
The CIN (Corporate Identification Number) of Solar Turbines India is U45207MH2001PTC132156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Turbines India has 2 court cases on record: 2 filed against it. 1 is pending. Most are in the high courts.
Solar Turbines India was incorporated on 29 May 2001, making it 25+ years old. It is registered with the Registrar of Companies, Mumbai.
Rupesh Gurunath Kadam was appointed as Whole-Time Director on 30 Sep 2024. Rupesh Gurunath Kadam ceased to be Additional Director on 27 Sep 2024. Daryl Uei Wang was appointed as Additional Director on 26 Mar 2024. Solar Turbines India has 22 board changes on record in total.
Solar Turbines India can be reached through the website solarturbines.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Solar Turbines India is at 401 4th Floor B Wing Delphi Orchard Avenue Powai Business District, Powai, Mumbai, Maharashtra, India – 400076.
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