Able Energy Solutions Private Limited
About Able Energy Solutions Private Limited
Data last updated:
Able Energy Solutions Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the clean energy solutions segment of the environmental services sector. It was incorporated on 19 February 2015.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC154081. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹13 Lakh. It was led by directors Pandurang Sutar and Amit Shivaji Kadam.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Accurate House Sr No 78/1 Dangat Industrial Estate Shivane, Pune, Maharashtra, India – 411023.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.03 Lakh, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹76,682 (net margin 5.5%) and EBITDA of ₹76,682 (EBITDA margin 5.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over five years.
Company details
Contact details
Able Energy Solutions Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAccurate House Sr No 78/1 Dangat Industrial Estate Shivane, Pune, Maharashtra, India – 411023
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Able Energy Solutions 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 Able Energy Solutions Private Limited
FY 2024 filings availableAble Energy Solutions Private Limited reported revenue of ₹14.03 Lakh (down 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 387% 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 | ₹76,682 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹76,682 | ||||
| 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 | 5.5% | ||||
| Net Profit Margin | 5.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Able Energy Solutions Private Limited, buy the company report.
Board of directors of Able Energy Solutions Private Limited
Able Energy Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pandurang Sutar Also directs: Uts Power Systems Private Limited | Director | 15 Jan 2019 | 7 Years 9 Months | As last reported |
| Amit Shivaji Kadam Also directs: Avjeets Core LLP | Director | 15 Jan 2019 | 7 Years 9 Months | As last reported |
Auditor
Able Energy Solutions Private Limited is audited by G N KONDHARE & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G N KONDHARE & ASSOCIATES | FY 2020 | 143758W |
Shareholding
The shareholding of Able Energy Solutions Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Able Energy Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Able Energy Solutions 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 Able Energy Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Able Energy Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Able Energy Solutions Private Limited, buy the company report.
Recent activity
Able Energy Solutions Private Limited has 8 board changes on record since 2019: 2 appointments and 6 cessations. The latest: Parul Gupta ceased to be Director on 04 Oct 2024.
Frequently asked questions
Able Energy Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Able Energy Solutions was a private limited company based in Pune, Maharashtra, India. The company worked in clean energy solutions, within the environment industry. It was incorporated on 19 February 2015 and is registered under CIN U74900PN2015PTC154081. The company has been struck off by the Registrar of Companies and is no longer operational.
Able Energy Solutions had 2 directors:
- Pandurang Sutar - Director
- Amit Shivaji Kadam - Director
The CIN (Corporate Identification Number) of Able Energy Solutions is U74900PN2015PTC154081. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Able Energy Solutions is at Accurate House Sr No 781 Dangat Industrial Estate Shivane, Pune, Maharashtra, India – 411023.
Able Energy Solutions was incorporated on 19 February 2015. It is registered with the Registrar of Companies, Pune.
The latest financial statements of Able Energy Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 23 September 2024. Year-wise statements from 2015 are in the company report.
No. Able Energy Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Able Energy Solutions operated in the environment industry, in the clean energy solutions segment. It worked in this industry before it was struck off.
Parul Gupta ceased to be Director on 04 Oct 2024. Alka Gupta ceased to be Director on 13 Jul 2021. Amit Shivaji Kadam ceased to be Additional Director on 29 Sep 2019. Able Energy Solutions has 8 board changes on record in total.