- Category
- Small (2020-21)
- Udyam number
- UDYAM-MH-26-0051424

About Acutech Solar Private Limited
Data last updated:
Acutech Solar Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 06 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2015PTC154595. Its GSTIN is 27AANCA3664N1Z2 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹10 Lakh. It is led by directors including Ravi Kant Chaudhary and Bharati Prasad.
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 Pune, Maharashtra.
As per the financials filed for FY 2019, the company reported a revenue of ₹6.07 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹5.56 Lakh (net margin 0.9%) and EBITDA of ₹48.91 Lakh (EBITDA margin 8.1%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years.
The company has about 27 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.84 Cr and satisfied charges of ₹75 Lakh on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it; 4 cases are pending.
Acutech Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0051424). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acutechsolar.com.
Company details
Recognitions & Rankings of Acutech Solar
Contact details
Acutech Solar Private Limited's registered office is in Pune, Maharashtra. Its website is acutechsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFl No 202/A – 5 Goldfiled Const Camelot Lohagaon Viman, Nagar, Pune, Maharashtra, India – 411014
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Acutech Solar 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 Acutech Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Acutech Solar Private Limited, buy the company report.
Financials of Acutech Solar Private Limited
FY 2019 filings availableAcutech Solar Private Limited reported revenue of ₹6.07 Cr (up 4% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 67% over three years, including 4% growth in the latest year. EBITDA rose 11% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹6.07 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹48.91 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹5.56 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 8.1% | |||
| Net Profit Margin | 0.9% | |||
| 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 Acutech Solar Private Limited, buy the company report.
Board of directors of Acutech Solar Private Limited
Acutech Solar has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Kant Chaudhary | Director | 06 Apr 2015 | 11 Years 6 Months | Current |
| Bharati Prasad | Director | 06 Apr 2015 | 11 Years 6 Months | Current |
| Rohit Prasad Also directs: Avneesh Power Tech Private Limited | Director | 06 Apr 2015 | 11 Years 6 Months | Current |
Peer comparison
Acutech Solar Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Meriton Switchgears Private Limited | ₹6.13 Cr (FY 2025) | 34.0% | Erode, Tamil Nadu, India | |||
| D.S. Controls and Automation Private Limited | ₹6.13 Cr (FY 2023) | 42.0% | Pune, Maharashtra, India | |||
| Tushara Energy Ventures Private Limited | ₹6.12 Cr (FY 2019) | 397.0% | Hyderabad, Telangana, India | |||
| SSG Energy India Private Limited | ₹6.11 Cr (FY 2025) | 21.0% | Delhi, India | |||
| Acutech Solar Private Limitedthis company | ₹6.07 Cr (FY 2019) | ₹5.56 Lakh | 0.9% | 4.0% | 27 | Pune, Maharashtra, India |
| Mass Engineering Technologies Private Limited | ₹6.07 Cr (FY 2024) | 7.0% | Shimoga, Karnataka, India | |||
| Vasanthi Electricals Private Limited | ₹6.06 Cr (FY 2025) | 15.0% | Hyderabad, Telangana, India | |||
| Luminux Energy Private Limited | ₹6.05 Cr (FY 2024) | 3.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Acutech Solar Private Limited, buy the company report.
Auditor
Acutech Solar Private Limited is audited by S P A Y & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S P A Y & CO | FY 2019 | 132976W |
Shareholding
The shareholding of Acutech Solar Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Acutech Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Aug 2019 | 100290574 | Yes Bank Limited | ₹2.35 Cr | Open | |
| 27 Oct 2017 | 100148841 | Others | ₹1.49 Cr | Open | |
| 20 Jul 2017 | 100116954 | Others | ₹25 Lakh | Satisfied | |
| 20 Jul 2017 | 100116965 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Acutech Solar Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Acutech Solar Private Limited has 7 court cases on record: 1 filed by Acutech Solar, 6 filed against it. 4 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 6 | 4 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S Luxra Solar India Pvt. Ltd. Through Dr. Unrnesh Jagtap | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Accurate Powertech India Pvt. Ltd. Through Amol Dinkar Nigade | Pending |
| District court, Ahmednagar, Maharashtra | Civil suit | Filed against the company by Galco Extrusions Pvt. Ltd., THR. Director Sujata Rajendra Lodha | Disposed |
| District court, Pune, Maharashtra | Court case (Spl.Sum.Suit) | Filed against the company by Deutsche Bank Through Signatory Poa Holder Mr. Amol Rameshwar Bijave | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against E2r Energy Systems Through Girish Mishra and 1 other | Pending |
To see the full case history of Acutech Solar Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Acutech Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Acutech Solar Private Limited has a workforce of 27 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Acutech Solar has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AANCA3664N1Z2 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Acutech Solar Private Limited, buy the company report.
Recent activity
Acutech Solar Private Limited has 3 board changes on record since 2015: 3 appointments. The latest: Bharati Prasad was appointed as Director on 06 Apr 2015.
1 earlier event is in the company report.
Frequently asked questions
Acutech Solar is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 06 April 2015 (11+ years old) and is registered under CIN U74900PN2015PTC154595.
Acutech Solar has 3 current directors:
- Ravi Kant Chaudhary - Director
- Bharati Prasad - Director
- Rohit Prasad - Director
The latest financial statements of Acutech Solar on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Acutech Solar is 27AANCA3664N1Z2, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Acutech Solar is U74900PN2015PTC154595. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Acutech Solar has 7 court cases on record: 1 filed by the company and 6 filed against it. 4 are pending.
Acutech Solar was incorporated on 06 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Acutech Solar by revenue are Meriton Switchgears Private Limited, D.S. Controls and Automation Private Limited, Tushara Energy Ventures Private Limited, SSG Energy India Private Limited, Mass Engineering Technologies Private Limited and 2 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Bharati Prasad was appointed as Director on 06 Apr 2015. Ravi Kant Chaudhary was appointed as Director on 06 Apr 2015. Rohit Prasad was appointed as Director on 06 Apr 2015.
Yes, Acutech Solar is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0051424).
Acutech Solar can be reached through the website acutechsolar.com. Its registered office is in Pune, Maharashtra, India.