Tuticorin Solar Projects Private Limited
About Tuticorin Solar Projects Private Limited
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Tuticorin Solar Projects Private Limited is a private limited company based in Jaipur, Rajasthan, India, a subsidiary of Rays Power Infra Private Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 26 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40100RJ2017PTC058130.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shashi Kant and Lalit Kumar Mehta.
Its last annual general meeting (AGM) was held on 28 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹55.57 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹45.45 Lakh (net margin 81.8%) and EBITDA of ₹52.05 Lakh (EBITDA margin 93.7%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Tuticorin Solar Projects Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressP.No. 65 Sardar Patel Marg, C – Scheme, Jaipur, Rajasthan, India – 302001
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Tuticorin Solar Projects 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 Tuticorin Solar Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
Financials of Tuticorin Solar Projects Private Limited
FY 2025 filings availableTuticorin Solar Projects Private Limited reported revenue of ₹55.57 Lakh (up 950% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 950% in the latest year. EBITDA rose 917% 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 | ₹52.05 Lakh | ||||
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| Net Profit (PAT) | ₹45.45 Lakh | ||||
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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 | 93.7% | ||||
| Net Profit Margin | 81.8% | ||||
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To see the full financial statements and ratios of Tuticorin Solar Projects Private Limited, buy the company report.
Board of directors of Tuticorin Solar Projects Private Limited
Tuticorin Solar Projects has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Kant Also directs: Sinnal Solar Power Private Limited, Shining Sun Power Private Limited, Rays Future Energy India Private Limited and 5 more | Director | 18 Oct 2023 | 3 Years 0 Months | Current |
| Lalit Kumar Mehta Also directs: Stonify Surfaces Private Limited, Sinnal Solar Power Private Limited, Annigeri Solar Power Private Limited and 5 more | Director | 02 Jun 2020 | 6 Years 4 Months | Current |
Peer comparison
Tuticorin Solar Projects Private Limited is compared with the 3 companies closest to it by revenue in the Infrastructure industry (Power Projects, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kishau Corporation Limited | ₹59.96 Lakh (FY 2024) | -1.0% | Dehradun, Uttarakhand, India | |||
| Drone Solar Private Limited | ₹59.67 Lakh (FY 2023) | Mumbai, Maharashtra, India | ||||
| Tuticorin Solar Projects Private Limitedthis company | ₹55.57 Lakh (FY 2025) | ₹45.45 Lakh | 81.8% | 950.0% | Jaipur, Rajasthan, India | |
| Juniper Nirjara Energy Private Limited | ₹53.7 Lakh (FY 2025) | 129.0% | New Delhi, Delhi, India |
To see the full peer comparison of Tuticorin Solar Projects Private Limited, buy the company report.
Auditor
Tuticorin Solar Projects Private Limited is audited by GUPTA BHANDARI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GUPTA BHANDARI & CO. | FY 2023 | 019936C |
Shareholding
The shareholding of Tuticorin Solar Projects Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tuticorin Solar Projects Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Tuticorin Solar Projects 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
Tuticorin Solar Projects Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Mundhra Rathi & Associates |
To see the full MSME payment records of Tuticorin Solar Projects Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
No GST registration is on our record for Tuticorin Solar Projects Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Tuticorin Solar Projects Private Limited has 9 board changes on record since 2019: 2 appointments and 7 cessations. The latest: Shashi Kant ceased to be Additional Director on 27 Sep 2024.
Frequently asked questions
Tuticorin Solar Projects is an active private limited company based in Jaipur, Rajasthan, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 26 May 2017 (9+ years old) and is registered under CIN U40100RJ2017PTC058130.
Tuticorin Solar Projects has 2 current directors:
- Shashi Kant - Director
- Lalit Kumar Mehta - Director
The latest financial statements of Tuticorin Solar Projects on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 September 2025. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Tuticorin Solar Projects is U40100RJ2017PTC058130. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tuticorin Solar Projects was incorporated on 26 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Tuticorin Solar Projects by revenue are Kishau Corporation Limited, Drone Solar Private Limited, Juniper Nirjara Energy Private Limited, all in the Infrastructure industry (Power Projects, Thermal Power Plants), with the same principal business activity (electric power generation, transmission and distribution).
Shashi Kant ceased to be Additional Director on 27 Sep 2024. Shashi Kant was appointed as Director on 18 Oct 2023. Shiv Prakash Mathur ceased to be Additional Director on 30 Sep 2022. Tuticorin Solar Projects has 9 board changes on record in total.
Tuticorin Solar Projects has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 13 May 2021.
The registered office of Tuticorin Solar Projects is at P.No. 65 Sardar Patel Marg, C – Scheme, Jaipur, Rajasthan, India – 302001.
Tuticorin Solar Projects operates in the energy and power industry, in the power transmission and distribution services segment.
The compliance status of Tuticorin Solar Projects is compliant as of 24 September 2026. The company is actively filing with the Registrar of Companies.
Tuticorin Solar Projects can be reached at its registered office: P.No. 65 Sardar Patel Marg, C – Scheme, Jaipur, Rajasthan, India – 302001.