About Adhirath Management Solutions Private Limited
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Adhirath Management Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Hareon Solar Singapore Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 08 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74900DL2015PTC279902. Its GSTIN is 07AADCH6123K1ZL (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹16.5 Cr and a paid-up capital of ₹85.5 Lakh. It was formerly known as Hareon Solar Power Private Limited. It is led by directors including Laxmi Chaudhary Negi and Prem Nagrath.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7F – 7H (7th Floor) Hansalaya Building, 15 Barakhamba Road New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.16 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹2.21 Cr (net margin 27.1%) and EBITDA of ₹3.93 Cr (EBITDA margin 48.1%). Revenue has grown at a compounded annual rate (CAGR) of 358% over three years and 123% over five years.
As per MCA filings, the company has satisfied charges of ₹120.65 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hareoninternational.com.
Name History of Adhirath Management Solutions Private Limited
Adhirath Management Solutions has undergone 2 name changes throughout its history. The company was previously known as Hareon Solar Power Private Limited, and Adhirath Management Solutions Private Limited. The current legal name is Adhirath Management Solutions Private Limited.
| Company Name | Status |
|---|---|
| Adhirath Management Solutions Private Limited | Current |
| Hareon Solar Power Private Limited | Previous |
CIN History of Adhirath Management Solutions Private Limited
Adhirath Management Solutions has one previous CIN (Corporate Identification Number): U74900DL2015FTC279902. The current CIN is U74900DL2015PTC279902, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900DL2015PTC279902 | Current |
| U74900DL2015FTC279902 | Previous |
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- Registered Address7F – 7H (7th Floor) Hansalaya Building, 15 Barakhamba Road New Delhi, Delhi, India – 110001
- 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 Adhirath Management Solutions Private Limited FY 2025 filings available
Adhirath Management Solutions Private Limited reported revenue of ₹8.16 Cr (up 18080% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Adhirath Management Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 123% over five years. 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 Adhirath Management Solutions 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 | ₹3.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.21 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Adhirath Management Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 48.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 27.1% | •••• | •••• | •••• | •••• |
| 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 Adhirath Management Solutions are in the company report.
Financial statements from FY 2016
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.
Board of Directors of Adhirath Management Solutions Private Limited
Adhirath Management Solutions has 3 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Chaudhary Negi Also directs: Shri Chamundeswari Minerals Limited | Director | 23 Nov 2022 | 3 Years 10 Months | Current |
| Prem Nagrath Also directs: Alirox Abrasives Limited, Vastalaya Developers Private Limited, Vinimay Developers Private Limited and 2 more | Director | 24 Aug 2023 | 3 Years 1 Months | Current |
| Raghu Raja Malhotra Also directs: Vinimay Developers Private Limited, Arjuna Brokers & Minerals Limited, Prithu Homes Developers Private Limited and 1 more | Director | 05 Jun 2025 | 1 Years 4 Months | Current |
Peer Comparison of Adhirath Management Solutions Private Limited
Adhirath Management Solutions 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 |
|---|---|---|---|---|---|---|
| Solitaire Industrial Infrastructure Private Limited | ₹8.27 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Ahmedabad, Gujarat, India |
| RGS Solar Power Private Limited | ₹8.25 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Shreraj Agrimart Private Limited | ₹8.24 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Jalgaon, Maharashtra, India |
| Renaltin Energy Private Limited | ₹8.21 Cr (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Sun Layer Energy Private Limited | ₹8.21 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Dehradun, Uttarakhand, India |
| Adhirath Management Solutions Private Limited this company | ₹8.16 Cr (FY 2025) | •••• | •••• | 18080.0% | •••• | New Delhi, Delhi, India |
| Ghi Energy Private Limited | ₹8.14 Cr (FY 2025) | •••• | •••• | -51.0% | •••• | Chennai, Tamil Nadu, India |
| Solartech Renewable Energy Private Limited | ₹8.14 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Mulanthuruthy, Kerala, India |
| HRG Solar Power Private Limited | ₹8.11 Cr (FY 2024) | •••• | •••• | 121122.0% | •••• | Hospet, Karnataka, India |
| Waaree PV Technologies Private Limited | ₹8.1 Cr (FY 2023) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| K M Energy Private Limited | ₹8.1 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Adhirath Management Solutions 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.
Charges & Borrowings of Adhirath Management Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Apr 2016 | Others | ₹120.65 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Adhirath Management Solutions Private Limited
Employment history and EPFO contributions of people linked to Adhirath Management Solutions.
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.
Recent Activity on Adhirath Management Solutions Private Limited
Adhirath Management Solutions Private Limited has 16 board changes on record since 2016: 3 appointments and 13 cessations. The latest: Raghu Raja Malhotra ceased to be Additional Director on 28 Sep 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Adhirath Management Solutions 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 Adhirath Management Solutions 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 Adhirath Management Solutions 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 Adhirath Management Solutions Private Limited
Adhirath Management Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCH6123K1ZL | Delhi | Active | 01 Jul 2017 |
| 37AADCH6123K1ZI | Andhra Pradesh | Active | 01 Jul 2017 |
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 Adhirath Management Solutions 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 Adhirath Management Solutions Private Limited
Adhirath Management Solutions 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 08 May 2015 (11+ years old) and is registered under CIN U74900DL2015PTC279902.
Adhirath Management Solutions reported revenue of ₹8.16 Cr for FY 2025 (up 18080% YoY).
Adhirath Management Solutions has 3 current directors:
- Laxmi Chaudhary Negi - Director
- Prem Nagrath - Director
- Raghu Raja Malhotra - Director
Adhirath Management Solutions reported a net profit of ₹2.21 Cr (net margin 27.1%) and EBITDA of ₹3.93 Cr (EBITDA margin 48.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adhirath Management Solutions is 358% over three years and 123% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adhirath Management Solutions is 07AADCH6123K1ZL, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 37AADCH6123K1ZI (Andhra Pradesh).
The CIN (Corporate Identification Number) of Adhirath Management Solutions is U74900DL2015PTC279902. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adhirath Management Solutions was incorporated on 08 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Adhirath Management Solutions by revenue are Solitaire Industrial Infrastructure Private Limited, RGS Solar Power Private Limited, Shreraj Agrimart Private Limited, Renaltin Energy Private Limited, Sun Layer Energy Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Raghu Raja Malhotra ceased to be Additional Director on 28 Sep 2025. Raghu Raja Malhotra was appointed as Director on 05 Jun 2025. Laxmi Chaudhary Negi ceased to be Additional Director on 29 Sep 2023. Adhirath Management Solutions has 16 board changes on record in total.
Adhirath Management Solutions can be reached through the website hareoninternational.com. Its registered office is in New Delhi, Delhi, India.