About Solar-Apps Energy Private Limited
Data last updated:
Solar-Apps Energy Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 29 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2008PTC048726. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹60.12 Lakh. It is led by directors Sharat Deepak Kaul and Raghavendra Inna Muchinthaya.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at #403 Express Apts 135 Richmand Road, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2019, the company reported a revenue of ₹61.1 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹28.32 Lakh (net margin -46.4%) and EBITDA of -₹24.78 Lakh (EBITDA margin -40.6%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years.
The company is associated with 1 brand: Solar-Apps.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solar-apps.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address#403 Express Apts 135 Richmand Road, Bangalore, Karnataka, India – 560025
- IndustryEnvironment, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Solar-Apps Energy Private Limited
The main business activity of Solar-Apps Energy is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Solar-Apps Energy Private Limited FY 2019 filings available
Solar-Apps Energy Private Limited reported revenue of ₹61.1 Lakh (down 23% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Solar-Apps Energy Private Limited
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA fell 391% 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 of Solar-Apps Energy Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | -₹24.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹28.32 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 of Solar-Apps Energy Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -46.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Solar-Apps Energy are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Solar-Apps Energy Private Limited
Solar-Apps Energy Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VSM Green Power Private Limited | ₹62.12 Lakh (FY 2019) | •••• | •••• | 209.0% | •••• | Sirasana, Rajasthan, India |
| Baplawat Solar Venture Private Limited | ₹62.12 Lakh (FY 2025) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Mivaan Energy Private Limited | ₹61.78 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Ahmedabad, Gujarat, India |
| Skypower Southeast Solar India Private Limited | ₹61.36 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Oshnic Solar Power Limited | ₹61.1 Lakh (FY 2015) | •••• | •••• | 46.0% | •••• | Bhopal, Madhya Pradesh, India |
| Solar-Apps Energy Private Limited this company | ₹61.1 Lakh (FY 2019) | •••• | •••• | -23.0% | •••• | Bangalore, Karnataka, India |
| Electrik Bee Private Limited | ₹61.02 Lakh (FY 2024) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Solar Quest Projects Two Private Limited | ₹60.92 Lakh (FY 2024) | •••• | •••• | 26.0% | •••• | Ajmer, Rajasthan, India |
| Green Power Solar Systems Private Limited | ₹60.76 Lakh (FY 2018) | •••• | •••• | -56.0% | •••• | Chennai, Tamil Nadu, India |
| Utryan Energy Private Limited | ₹60.62 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Noida, Uttar Pradesh, India |
| Aster Udyam Private Limited | ₹60.46 Lakh (FY 2019) | •••• | •••• | -55.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Solar-Apps Energy by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solar-Apps Energy Private Limited
Solar-Apps Energy Private Limited is audited by SUMATHI DORAISWAMY & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SUMATHI DORAISWAMY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solar-Apps Energy Private Limited
Solar-Apps Energy has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sharat Deepak Kaul Also directs: Krypton (India) Solutions Private Limited | Director | 13 Dec 2012 | 13 Years 10 Months | Current |
| Raghavendra Inna Muchinthaya | Director | 21 Oct 2016 | 9 Years 11 Months | Current |
Ownership and Shareholding of Solar-Apps Energy Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solar-Apps Energy Private Limited
Solar-Apps Energy Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Solar-Apps Energy Private Limited
Solar-Apps Energy operates one associated brand: Solar-Apps. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies solar-powered pumps, LED lights, and rooftop systems. | solar-apps.com |
Employees and EPFO Compliance at Solar-Apps Energy Private Limited
Employment history and EPFO contributions of people linked to Solar-Apps Energy.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Solar-Apps Energy Private Limited
Solar-Apps Energy Private Limited has 6 board changes on record since 2012: 2 appointments and 4 cessations. The latest: Tej Kaul ceased to be Director on 14 Apr 2019.
Credit Ratings, Litigation & Regulatory Alerts for Solar-Apps Energy Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solar-Apps Energy Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solar-Apps Energy Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solar-Apps Energy Private Limited
Solar-Apps Energy has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solar-Apps Energy Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solar-Apps Energy Private Limited
Solar-Apps Energy is an active private limited company based in Bangalore, Karnataka, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 29 December 2008 (18+ years old) and is registered under CIN U40106KA2008PTC048726.
Solar-Apps Energy reported revenue of ₹61.1 Lakh for FY 2019 (down 23% YoY).
Solar-Apps Energy has 2 current directors:
- Sharat Deepak Kaul - Director
- Raghavendra Inna Muchinthaya - Director
Solar-Apps Energy reported a net loss of ₹28.32 Lakh (net margin -46.4%) and EBITDA of -₹24.78 Lakh (EBITDA margin -40.6%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solar-Apps Energy is 18% over three years. In the latest year (FY 2019) revenue fell 23%. CAGR is the steady yearly rate that links the first and the last year.
No. Solar-Apps Energy has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Solar-Apps Energy is U40106KA2008PTC048726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar-Apps Energy was incorporated on 29 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Solar-Apps Energy by revenue are VSM Green Power Private Limited, Baplawat Solar Venture Private Limited, Mivaan Energy Private Limited, Skypower Southeast Solar India Private Limited, Oshnic Solar Power Limited and 5 more, all in the Cleantech industry (Solar Power).
Tej Kaul ceased to be Director on 14 Apr 2019. Raghavendra Inna Muchinthaya ceased to be Additional Director on 30 Sep 2017. Raghavendra Inna Muchinthaya was appointed as Director on 21 Oct 2016. Solar-Apps Energy has 6 board changes on record in total.
Solar-Apps Energy can be reached through the website solar-apps.com. Its registered office is in Bangalore, Karnataka, India.