DPIIT recognised startup Government of India
Startup India
Additional Solar Industries Private Limited
Additional Solar Industries Private Limited - engineering in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹21.57 Cr
▼ 28% YoY
Net profit · FY 2025
₹1.18 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹18.26 Lakh
EBITDA margin 0.8%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Additional Solar Industries Private Limited
Data last updated:
Additional Solar Industries Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 09 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29308PN2020PTC190772. Its GSTIN is 27AATCA4651M1Z1 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Mazar Jafar Shaikh and Dushyant Gopal Khanna.
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 Sr. No. 37/1 To 4/1/1 Milkat No. – 198 Pisoli Road Dagade Farm Dhondiba Masal Patil, Pune, Maharashtra, India – 411048.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.57 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Lakh (net margin 0.1%) and EBITDA of ₹18.26 Lakh (EBITDA margin 0.8%). Revenue has grown at a compounded annual rate (CAGR) of 87% over three years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Additional Solar Industries Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0001057).
Company Details of Additional Solar Industries Private Limited
CIN U29308PN2020PTC190772
Registration Number 190772
Incorporation Date 09 May 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-MH-26-0001057
Recognitions & Rankings of Additional Solar Industries
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0001057
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSr. No. 37/1 To 4/1/1 Milkat No. – 198 Pisoli Road Dagade Farm Dhondiba Masal Patil, Pune, Maharashtra, India – 411048
- IndustryEngineering, Metal Foundry & Fabrication Services
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Business Activity of Additional Solar Industries Private Limited
The main business activity of Additional Solar Industries is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Additional Solar Industries Private Limited FY 2025 filings available
Additional Solar Industries Private Limited reported revenue of ₹21.57 Cr (down 28% YoY) for FY 2025.
Revenue · FY 2025
₹21.57 Cr ▼ 28%
Net profit · FY 2025
₹1.18 Lakh margin 0.1%
EBITDA · FY 2025
₹18.26 Lakh margin 0.8%
Compounded Annual Growth Rate (CAGR) of Additional Solar Industries Private Limited
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 87%
EBITDA CAGR growth
1 year
▼ 87%
3 years · compounded
▼ 20%
Revenue fell 28% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 87%. EBITDA fell 87% 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 Additional Solar Industries 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 | ₹18.26 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.18 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 Additional Solar Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 Additional Solar Industries are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
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Board of Directors of Additional Solar Industries Private Limited
Additional Solar Industries has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mazar Jafar Shaikh Also directs: Vayuveer Enterprises Private Limited, Additional Elexpo Private Limited, Additional Lighting Industries Private Limited and 4 more | Director | 15 Nov 2024 | 1 Years 11 Months | Current |
| Dushyant Gopal Khanna Also directs: Deal Smart Market Makers LLP, Vayuveer Enterprises Private Limited, Additional Elexpo Private Limited and 2 more | Director | 15 Nov 2024 | 1 Years 11 Months | Current |
Peer Comparison of Additional Solar Industries Private Limited
Additional Solar Industries Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Elements Technofab Private Limited | ₹21.85 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Pune, Maharashtra, India |
| NDG Industries Private Limited | ₹21.82 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Kolkata, West Bengal, India |
| Onix Trans Enersol Private Limited | ₹21.71 Cr (FY 2025) | •••• | •••• | •••• | Lodhika, Gujarat, India | |
| Prima Power India Private Limited | ₹21.67 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Tripada Enterprise Private Limited | ₹21.62 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Anand, Gujarat, India |
| Additional Solar Industries Private Limited this company | ₹21.57 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Pune, Maharashtra, India |
| GSC Coatings (India) Private Limited | ₹21.56 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Pune, Maharashtra, India |
| Spraymet Surface Technologies Private Limited | ₹21.55 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| United Engifab Private Limited | ₹21.54 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Hariharan Steels Private Limited | ₹21.46 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Chennai, Tamil Nadu, India |
| Reliable Barrels Private Limited | ₹21.32 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Additional Solar Industries by revenue in the Engineering industry (Foundry and Fabrication), 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 Additional Solar Industries Private Limited
Additional Solar Industries Private Limited is audited by MANISH J MUNDADA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MANISH J MUNDADA & ASSOCIATES | Locked | Locked | Locked |
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Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Additional Solar Industries Private Limited
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Charges & Borrowings of Additional Solar Industries Private Limited
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Jan 2021 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Additional Solar Industries Private Limited
Additional Solar Industries Private Limited has 1 court case on record: 1 filed against it. All case is pending. Status as checked on 01 Oct 2026.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by Swakarma Finance Pvt. Ltd | Pending |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Additional Solar Industries Private Limited
Additional Solar Industries Private Limited has a workforce of 0 employees as of Apr 08, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Additional Solar Industries Private Limited
Additional Solar Industries Private Limited has 7 board changes on record since 2021: 2 appointments and 5 cessations. The latest: Dipalee Wakchoure ceased to be Director on 15 Nov 2024.
AGM
Additional Solar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Additional Solar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Ceased
Dipalee Wakchoure ceased to be Director.
Appointed
Dushyant Gopal Khanna was appointed as Director.
Appointed
Mazar Jafar Shaikh was appointed as Director.
Ceased
Somnath Ashok Wakchoure ceased to be Director.
Ceased
Roopa Sujeet Talwad ceased to be Director.
Ceased
Aakrati Gugalia ceased to be Director.
Ceased
Sujeet Manmohan Talwad ceased to be Managing Director.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 100425439 was registered on 25 Jan 2021.
Incorporation
09 May 2020
Additional Solar Industries Private Limited was registered on 09 May 2020 with Roc Pune & aged 6 years 5 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Additional Solar Industries Private Limited
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MSME Payment Delays by Additional Solar Industries Private Limited
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Subsidiaries & Group Companies of Additional Solar Industries Private Limited
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Corporate group structure
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GST Compliance of Additional Solar Industries Private Limited
Additional Solar Industries has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCA4651M1Z1 | Maharashtra | Active | 02 Jun 2020 |
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MCA Filings & Documents of Additional Solar Industries Private Limited
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Frequently Asked Questions about Additional Solar Industries Private Limited
Additional Solar Industries is an active private limited company based in Pune, Maharashtra, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 09 May 2020 (6+ years old) and is registered under CIN U29308PN2020PTC190772.
Additional Solar Industries reported revenue of ₹21.57 Cr for FY 2025 (down 28% YoY).
Additional Solar Industries has 2 current directors:
- Mazar Jafar Shaikh - Director
- Dushyant Gopal Khanna - Director
Additional Solar Industries reported a net profit of ₹1.18 Lakh (net margin 0.1%) and EBITDA of ₹18.26 Lakh (EBITDA margin 0.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Additional Solar Industries is 87% over three years. In the latest year (FY 2025) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Additional Solar Industries is 27AATCA4651M1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Additional Solar Industries is U29308PN2020PTC190772. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Additional Solar Industries has 1 court case on record: 1 filed against it. 1 is pending.
Additional Solar Industries was incorporated on 09 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Additional Solar Industries by revenue are Elements Technofab Private Limited, NDG Industries Private Limited, Onix Trans Enersol Private Limited, Prima Power India Private Limited, Tripada Enterprise Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Dipalee Wakchoure ceased to be Director on 15 Nov 2024. Dushyant Gopal Khanna was appointed as Director on 15 Nov 2024. Mazar Jafar Shaikh was appointed as Director on 15 Nov 2024. Additional Solar Industries has 7 board changes on record in total.