About Aay Solar Private Limited
Data last updated:
Aay Solar Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 February 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2013PTC248176.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹76.4 Lakh. It is led by directors including Madhuri Sharma and Akhilesh Kumar Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at D – 19 Golf View Apartments(Dda Flats Mig) Saket, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2025, the company reported a revenue of ₹40.83 Lakh, a growth of 56% compared to the previous year. For the same year it recorded a net profit of ₹7.95 Lakh (net margin 19.5%) and EBITDA of ₹8.17 Lakh (EBITDA margin 20%).
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: AAY Solar.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aaysolar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 19 Golf View Apartments(Dda Flats Mig) Saket, New Delhi, Delhi, India – 110017
- 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
Financials of Aay Solar Private Limited FY 2024 filings available
Aay Solar Private Limited reported revenue of ₹40.83 Lakh (up 56% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Aay Solar Private Limited
Revenue rose 56% in the latest year. EBITDA rose 102% 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 Aay Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹8.17 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹7.95 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 Aay Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 19.5% | •••• | •••• | •••• | •••• |
| 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 Aay Solar 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 Aay Solar Private Limited
Aay Solar 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 |
|---|---|---|---|---|---|---|
| Acme Global Green Hydrogen Private Limited | ₹41.42 Lakh (FY 2025) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Megagrid Voltares Bharat Private Limited | ₹41.41 Lakh (FY 2025) | •••• | •••• | 224.0% | •••• | Chennai, Tamil Nadu, India |
| Metmax Energy Private Limited | ₹41.4 Lakh (FY 2025) | •••• | •••• | -65.0% | •••• | Surat, Gujarat, India |
| RC Solar Power Private Limited | ₹41.11 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ongole, Andhra Pradesh, India |
| Aay Solar Private Limited this company | ₹40.83 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | New Delhi, Delhi, India |
| Aay Solar Aquasan Kishangarh Private Limited | ₹40.83 Lakh (FY 2025) | •••• | •••• | 56.0% | •••• | Gurgaon, Haryana, India |
| Veh Aarush Renewables Private Limited | ₹40.72 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Hyderabad, Telangana, India |
| Multiplex Solar Power Private Limited | ₹40.42 Lakh (FY 2025) | •••• | •••• | -71.0% | •••• | New Delhi, Delhi, India |
| Rotaax Industries Private Limited | ₹40.08 Lakh (FY 2025) | •••• | •••• | 78.0% | •••• | Jaipur, Rajasthan, India |
| Vaibhav Saururja Private Limited | ₹39.92 Lakh (FY 2025) | •••• | •••• | 126.0% | •••• | Ahmednagar, Maharashtra, India |
| Lucent Renewable Energy Private Limited | ₹39.41 Lakh (FY 2025) | •••• | •••• | •••• | Osian, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Aay Solar 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 Aay Solar Private Limited
Aay Solar Private Limited is audited by BODAS & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BODAS & ASSOCIATES | 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 Aay Solar Private Limited
Aay Solar has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuri Sharma | Director | 07 Aug 2023 | 3 Years 2 Months | Current |
| Akhilesh Kumar Sharma | Director | 12 Feb 2013 | 13 Years 7 Months | Current |
| Ashok Kumar Gour Also directs: Real Minchem Private Limited, Real Mining Exploration Private Limited, Laxmi Gour Marble Private Limited and 5 more | Director | 12 Feb 2013 | 13 Years 7 Months | Current |
Ownership and Shareholding of Aay Solar 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 Aay Solar Private Limited
Aay Solar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Aay Solar Private Limited
Aay Solar operates one associated brand: AAY Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy integration and services in India. | aaysolar.com |
Employees and EPFO Compliance at Aay Solar Private Limited
Employment history and EPFO contributions of people linked to Aay Solar.
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.
Group Structure of Aay Solar Private Limited
Aay Solar has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Aay Solar Aquasan Kishangarh Private Limited | U40300HR2013PTC049964 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Aay Solar Private Limited
Aay Solar Private Limited has 5 board changes on record since 2013: 3 appointments and 2 cessations. The latest: Madhuri Sharma ceased to be Director Appointed In Casual Vacancy on 29 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Aay Solar 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 Aay Solar 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 Aay Solar 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 Aay Solar Private Limited
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 Aay Solar 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 Aay Solar Private Limited
Aay Solar is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 February 2013 (13+ years old) and is registered under CIN U40106DL2013PTC248176.
Aay Solar reported revenue of ₹40.83 Lakh for FY 2025 (up 56% YoY).
Aay Solar has 3 current directors:
- Madhuri Sharma - Director
- Akhilesh Kumar Sharma - Director
- Ashok Kumar Gour - Director
Aay Solar reported a net profit of ₹7.95 Lakh (net margin 19.5%) and EBITDA of ₹8.17 Lakh (EBITDA margin 20%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Aay Solar is U40106DL2013PTC248176. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aay Solar was incorporated on 12 February 2013, making it 13+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Aay Solar by revenue are Acme Global Green Hydrogen Private Limited, Megagrid Voltares Bharat Private Limited, Metmax Energy Private Limited, RC Solar Power Private Limited, Aay Solar Aquasan Kishangarh Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Madhuri Sharma ceased to be Director Appointed In Casual Vacancy on 29 Sep 2023. Madhuri Sharma was appointed as Director on 07 Aug 2023. Yogesh Sharma ceased to be Director on 29 Jun 2023. Aay Solar has 5 board changes on record in total.
Aay Solar can be reached through the website aaysolar.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Aay Solar is at D – 19 Golf View ApartmentsDda Flats Mig Saket, New Delhi, Delhi, India – 110017.
Aay Solar has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹76.4 Lakh.