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Aksol Renewables Private Limited - environment in Satpur, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹52.83 Lakh
▼ 9% YoY
Net loss · FY 2022
₹8.08 Lakh
Net margin -15.3%
EBITDA · FY 2022
-₹4.52 Lakh
EBITDA margin -8.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹4 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
5
As per MCA filings
Active GSTINs
1
GST registered
About Aksol Renewables Private Limited
Data last updated:
Aksol Renewables Private Limited is a private limited company based in Satpur, Maharashtra, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 16 January 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018PTC304245. Its GSTIN is 27AAQCA4419A1ZV (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors including Vishakha Vishal Rao and Arun Pandharinath Aher.
Its last annual general meeting (AGM) was held on 09 January 2023, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Row House No.03 Bhawar Town Shivaji Nagar, Satpur, Maharashtra, India – 422013.
As per the financials filed for FY 2022, the company reported a revenue of ₹52.83 Lakh, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹8.08 Lakh (net margin -15.3%) and EBITDA of -₹4.52 Lakh (EBITDA margin -8.6%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years.
The company is associated with 2 brands: Aksol Renewables and Aksol Renewables. Court records list 4 cases involving the company, including 4 filed against it; 4 cases are pending.
Aksol Renewables Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0041730). For more details, the company can be reached via its website aksolrenewables.in.
Company details
CIN U74999MH2018PTC304245
Registration Number 304245
Incorporation Date 16 January 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 09 January 2023
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0041730
Recognitions & Rankings of Aksol Renewables
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0041730
Contact details
Aksol Renewables Private Limited's registered office is in Satpur, Maharashtra. Its website is aksolrenewables.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRow House No.03 Bhawar Town Shivaji Nagar, Satpur, Maharashtra, India – 422013
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Aksol Renewables Private Limited, buy the company report.
Comprehensive company report
Aksol Renewables Private Limited - one report that includes everything
- 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
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Brands
Aksol Renewables operates two associated brands: Aksol Renewables and AKSOL RENEWABLES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides engineering, procurement, and construction for solar projects across India. | aksolrenewables.com | |
| Develops innovative technologies for solar and wind energy projects. | aksolrenewables.in |
Business activity
The main business activity of Aksol Renewables is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Aksol Renewables Private Limited, buy the company report.
Financials of Aksol Renewables Private Limited
FY 2022 filings availableAksol Renewables Private Limited reported revenue of ₹52.83 Lakh (down 9% YoY) for FY 2022.
Revenue · FY 2022
₹52.83 Lakh ▼ 9%
Net loss · FY 2022
₹8.08 Lakh margin -15.3%
EBITDA · FY 2022
-₹4.52 Lakh margin -8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 7%
EBITDA CAGR growth
1 year
▼ 260%
3 years · compounded
▼ 81%
Revenue fell 9% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA fell 260% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Total Expenses | |||||
| EBITDA | -₹4.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.08 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.6% | ||||
| Net Profit Margin | -15.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Aksol Renewables Private Limited, buy the company report.
Board of directors of Aksol Renewables Private Limited
Aksol Renewables has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishakha Vishal Rao Also directs: Navni Divine Flavours Private Limited | Director | 14 Apr 2022 | 4 Years 6 Months | Current |
| Arun Pandharinath Aher | Director | 05 May 2020 | 6 Years 5 Months | Current |
| Nita Arun Aher | Director | 05 May 2020 | 6 Years 5 Months | Current |
| Akshay Dadaji Gangurde Also directs: Acsses World Private Limited, Aksol and Vimal Private Limited | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
| Dadaji Bapu Gangurde | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
Auditor
Aksol Renewables Private Limited is audited by A S KALANTRI & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A S KALANTRI & ASSOCIATES | FY 2020 | 136316W |
Shareholding
The shareholding of Aksol Renewables Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aksol Renewables Private Limited, buy the company report.
Legal cases
Aksol Renewables Private Limited has 4 court cases on record: 4 filed against it. All cases are pending.
Total cases
4
Filed against the company
4
Pending
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 4 | 4 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Saheba LLP Through Its Partner Mr Nilesh Sahebrao Patil | Pending |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Criminal miscellaneous application | Filed against the company by Chhatrapati Solar and Construction Services THR. Akash Popat Rajole | Pending |
| District court, Aurangabad, Maharashtra | Civil suit | Filed against the company by Basaiye Infrastructure Pro Shubham Subhash Basaiye | Pending |
To see the full case history of Aksol Renewables 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 Aksol Renewables Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Aksol Renewables has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAQCA4419A1ZV | Maharashtra | Active | 01 Apr 2018 |
To see the full GST registrations and return filing status of Aksol Renewables Private Limited, buy the company report.
Recent activity
Aksol Renewables Private Limited has 6 board changes on record since 2018: 5 appointments and 1 cessation. The latest: Vishakha Vishal Rao was appointed as Director on 14 Apr 2022.
AGM
Aksol Renewables Private Limited last Annual general meeting of members was held on 09 Jan 2023 as per latest MCA records.
Appointed
Vishakha Vishal Rao was appointed as Director.
Filing
Aksol Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai Ii.
Appointed
Arun Pandharinath Aher was appointed as Director.
Appointed
Nita Arun Aher was appointed as Director.
Ceased
Kiran Shivaji Tadge ceased to be Additional Director.
Appointed
Akshay Dadaji Gangurde was appointed as Director.
Appointed
Dadaji Bapu Gangurde was appointed as Director.
Incorporation
16 Jan 2018
Aksol Renewables Private Limited was registered on 16 Jan 2018 with Roc Mumbai Ii & aged 8 years 9 months as per MCA records.
Frequently asked questions
Aksol Renewables is an active private limited company based in Satpur, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 16 January 2018 (8+ years old) and is registered under CIN U74999MH2018PTC304245.
Aksol Renewables has 5 current directors:
- Vishakha Vishal Rao - Director
- Arun Pandharinath Aher - Director
- Nita Arun Aher - Director
- Akshay Dadaji Gangurde - Director
- Dadaji Bapu Gangurde - Director
The latest financial statements of Aksol Renewables on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 09 January 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Aksol Renewables is 27AAQCA4419A1ZV, registered in Maharashtra.
The CIN (Corporate Identification Number) of Aksol Renewables is U74999MH2018PTC304245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aksol Renewables has 4 court cases on record: 4 filed against it. 4 are pending.
Aksol Renewables was incorporated on 16 January 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Vishakha Vishal Rao was appointed as Director on 14 Apr 2022. Arun Pandharinath Aher was appointed as Director on 05 May 2020. Nita Arun Aher was appointed as Director on 05 May 2020. Aksol Renewables has 6 board changes on record in total.
Yes, Aksol Renewables is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Aksol Renewables is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0041730).
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