- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0123564

About Agni Solar Systems Private Limited
Data last updated:
Agni Solar Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 20 June 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72100PN2000PTC015021. Its GSTIN is 27AADCA9053F1ZQ (Maharashtra).
The company has an authorised share capital of ₹81 Lakh and a paid-up capital of ₹81 Lakh. It was formerly known as Indicampus Infotech Private Limited. It is led by directors Ravi Shrikant Pittie and Shruti Mayur Chadha.
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 702 Onyx North Main Road Koregaon Park, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.12 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹1.4 Cr (net margin 6.1%) and EBITDA of ₹2.38 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 53% over three years and 53% over five years.
The company is associated with 1 brand: AgniSolar. As per MCA filings, the company has open charges of ₹11.95 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it; 5 cases are pending.
Agni Solar Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0123564). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website agnisolar.com.
Company details
Recognitions & Rankings of Agni Solar Systems
Contact details
Agni Solar Systems Private Limited's registered office is in Pune, Maharashtra. Its website is agnisolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address702 Onyx North Main Road Koregaon Park, Pune, Maharashtra, India – 411001
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Agni Solar Systems 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
Brands
Agni Solar Systems operates one associated brand: AgniSolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers solar installations, maintenance, and products for energy needs in various sectors. | agnisolar.com |
Business activity
The main business activity of Agni Solar Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Agni Solar Systems Private Limited, buy the company report.
Financials of Agni Solar Systems Private Limited
FY 2025 filings availableAgni Solar Systems Private Limited reported revenue of ₹23.12 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 53% over five years, including 66% growth in the latest year. EBITDA rose 65% 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 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 | ₹23.12 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.4 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 6.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Agni Solar Systems Private Limited, buy the company report.
Board of directors of Agni Solar Systems Private Limited
Agni Solar Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Shrikant Pittie | Director | 18 Dec 2001 | 24 Years 10 Months | Current |
| Shruti Mayur Chadha | Director | 18 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Agni Solar Systems Private Limited is audited by Khandelwal Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Khandelwal Jain & Associates | FY 2023 | 139253W |
Shareholding
The shareholding of Agni Solar Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Agni Solar Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2026 | 101280219 | Sidbi | ₹3 Cr | Open | |
| 27 Mar 2026 | 101280225 | Sidbi | ₹2 Cr | Open | |
| 21 Feb 2023 | 100730465 | Axis Bank Limited | ₹6.95 Cr | Open |
To see the full charge records of Agni Solar Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Agni Solar Systems Private Limited has 5 court cases on record: 3 filed by Agni Solar Systems, 2 filed against it. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 2 | 5 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against M/S Shah Clearing and Forwarding Pvt. Ltd. and 1 other | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed against the company by an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M A IDA Reston.) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M A IDA Reston.) | Filed by the company against an individual | Pending |
To see the full case history of Agni Solar Systems 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
Agni Solar Systems Private Limited has 12 MSME Form 1 returns on record between 2017 and 2024, listing 88 overdue payments to 17 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Thakur Shroff & Electric Company | |||
| an individual supplier | |||
| Fronius India Private Limited | |||
| Indmark Formtech Private Limited |
To see the full MSME payment records of Agni Solar Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Agni Solar Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCA9053F1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Agni Solar Systems Private Limited, buy the company report.
Recent activity
Agni Solar Systems Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Aditya Shrikant Pittie ceased to be Director on 31 Aug 2023.
Frequently asked questions
Agni Solar Systems is an active private limited company based in Pune, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 20 June 2000 (26+ years old) and is registered under CIN U72100PN2000PTC015021.
Agni Solar Systems has 2 current directors:
- Ravi Shrikant Pittie - Director
- Shruti Mayur Chadha - Director
The latest financial statements of Agni Solar Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Agni Solar Systems is 27AADCA9053F1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Agni Solar Systems is U72100PN2000PTC015021. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Agni Solar Systems has 5 court cases on record: 3 filed by the company and 2 filed against it. 5 are pending.
Agni Solar Systems was incorporated on 20 June 2000, making it 26+ years old. It is registered with the Registrar of Companies, Pune.
Aditya Shrikant Pittie ceased to be Director on 31 Aug 2023. Shruti Mayur Chadha was appointed as Director on 18 Mar 2023. Aditya Shrikant Pittie was appointed as Director on 18 Dec 2001. Agni Solar Systems has 4 board changes on record in total.
Yes, Agni Solar Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0123564).
Agni Solar Systems has 12 MSME Form 1 returns on record between 2017 and 2024, listing 88 overdue payments to 17 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Agni Solar Systems can be reached through the website agnisolar.com. Its registered office is in Pune, Maharashtra, India.