Solesto Energy Private Limited
About Solesto Energy Private Limited
Data last updated:
Solesto Energy Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Relyon Solar Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31909PN2017PTC168852.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gundu Machindra Sabde (Whole-Time Director) and Ranjana Gundu Sabde.
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 Adisa Icon (Old Praj Com) Nda Road Basement Bavdhan, Pune, Maharashtra, India – 411021.
As per the financials filed for FY 2024, the company reported a revenue of ₹33,060. For the same year it recorded a net loss of ₹3.3 Lakh and EBITDA of -₹3.3 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 71% over three years.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Solesto Energy Private Limited's registered office is in Pune, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressAdisa Icon (Old Praj Com) Nda Road Basement Bavdhan, Pune, Maharashtra, India – 411021
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Solesto Energy 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 Solesto Energy Private Limited
FY 2025 filings availableSolesto Energy Private Limited reported revenue of ₹33,060 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 71% over three years. EBITDA fell 117% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹3.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.3 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 2023-24 | 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 Solesto Energy Private Limited, buy the company report.
Board of directors of Solesto Energy Private Limited
Solesto Energy 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 |
|---|---|---|---|---|
| Gundu Machindra Sabde Also directs: Roboxel Innovations Private Limited, Sileaf Technologies Private Limited, Relyon Solar Private Limited and 1 more | Whole-Time Director | 10 Feb 2017 | 9 Years 8 Months | Current |
| Ranjana Gundu Sabde Also directs: Roboxel Innovations Private Limited, Sileaf Technologies Private Limited, Relyon Solar Private Limited and 1 more | Director | 10 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Solesto Energy Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Alectrona Papers and Energy Limited | ₹38,095 (FY 2025) | -84.0% | Chennai, Tamil Nadu, India | |||
| Data Anopsingh Renewables Private Limited | ₹37,259 (FY 2025) | Jodhpur, Rajasthan, India | ||||
| KCS Solar Power Private Limited | ₹35,000 (FY 2023) | -90.0% | New Delhi, Delhi, India | |||
| Azure Power Fifty Six Private Limited | ₹35,000 (FY 2025) | -95.0% | New Delhi, Delhi, India | |||
| Satyavathi Solar Power Energy Private Limited | ₹33,540 (FY 2025) | Nagaur, Rajasthan, India | ||||
| Solesto Energy Private Limitedthis company | ₹33,060 (FY 2024) | -₹3.3 Lakh | Pune, Maharashtra, India | |||
| Novae Manufacturing Solutions Private Limited | ₹31,700 (FY 2025) | Navi Mumbai, Maharashtra, India | ||||
| Kharnal Hydro Eletric Project Private Limited | ₹30,444 (FY 2025) | Himachal Pradesh, India | ||||
| Tathagat Solar Power Energy Private Limited | ₹30,400 (FY 2021) | -75.0% | Wardha, Maharashtra, India | |||
| Pride Solar Systems Private Limited | ₹30,331 (FY 2020) | New Delhi, Delhi, India | ||||
| Amro Technology Private Limited | ₹30,200 (FY 2025) | 2.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Solesto Energy Private Limited, buy the company report.
Auditor
Solesto Energy Private Limited is audited by MALANI SOMANI CHANDAK & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MALANI SOMANI CHANDAK & ASSOCIATES | FY 2019 | 119584W |
Shareholding
The shareholding of Solesto Energy Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solesto Energy Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Solesto Energy 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 Solesto Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Solesto Energy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solesto Energy Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Gundu Machindra Sabde ceased to be Director on 31 Mar 2020.
Frequently asked questions
Solesto Energy is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 10 February 2017 (9+ years old) and is registered under CIN U31909PN2017PTC168852.
Solesto Energy has 2 current directors:
- Gundu Machindra Sabde - Whole-Time Director
- Ranjana Gundu Sabde - Director
The latest financial statements of Solesto Energy 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 CIN (Corporate Identification Number) of Solesto Energy is U31909PN2017PTC168852. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solesto Energy was incorporated on 10 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Solesto Energy by revenue are Alectrona Papers and Energy Limited, Data Anopsingh Renewables Private Limited, KCS Solar Power Private Limited, Azure Power Fifty Six Private Limited, Satyavathi Solar Power Energy Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Gundu Machindra Sabde ceased to be Director on 31 Mar 2020. Gundu Machindra Sabde was appointed as Whole-Time Director on 10 Feb 2017. Ranjana Gundu Sabde was appointed as Director on 10 Feb 2017.
The registered office of Solesto Energy is at Adisa Icon Old Praj Com Nda Road Basement Bavdhan, Pune, Maharashtra, India – 411021.
Solesto Energy operates in the environment industry, in the solar energy solutions segment.
The compliance status of Solesto Energy is active non-compliant as of 29 August 2026. The company is actively filing with the Registrar of Companies.
Solesto Energy can be reached at its registered office: Adisa Icon Old Praj Com Nda Road Basement Bavdhan, Pune, Maharashtra, India – 411021.
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.
