About Andy Solar Private Limited
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Andy Solar Private Limited is a private limited company based in Panchkula, Haryana, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 21 July 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106HR2011PTC043463. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Vikas Sihag and Sumit.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at Plot No 75 Industrial Area Phase 2, Panchkula, Haryana, India – 134109.
As per the financials filed for FY 2016, the company reported a revenue of ₹8.84 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹29.23 Lakh (net margin 3.3%) and EBITDA of ₹69.2 Lakh (EBITDA margin 7.8%).
As per MCA filings, the company has satisfied charges of ₹3.3 Cr on record. Court records list 14 cases involving the company, including 5 filed by the company and 9 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website andysolar.com.
Company details
Contact details
Andy Solar Private Limited's registered office is in Panchkula, Haryana. Its website is andysolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 75 Industrial Area Phase 2, Panchkula, Haryana, India – 134109
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Andy 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 Andy 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 Andy Solar Private Limited, buy the company report.
Financials of Andy Solar Private Limited
FY 2016 filings availableAndy Solar Private Limited reported revenue of ₹8.84 Cr (down 43% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 43% in the latest year. EBITDA fell 34% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹8.84 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹69.2 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹29.23 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 7.8% | |
| Net Profit Margin | 3.3% | |
| 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 Andy Solar Private Limited, buy the company report.
Board of directors of Andy Solar Private Limited
Andy Solar has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikas Sihag Also directs: VDS Security and Construction Solutions Private Limited | Director | 21 Jul 2011 | 15 Years 3 Months | Current |
| Sumit | Additional Director | 15 Mar 2018 | 8 Years 7 Months | Current |
Auditor
Andy Solar Private Limited is audited by ANIL K VERMA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL K VERMA & ASSOCIATES | FY 2016 | 019748N |
Shareholding
The shareholding of Andy Solar Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Andy Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2015 | 10553067 | State Bank of Patiala (Sbop) | ₹2.3 Cr | Satisfied | |
| 15 Nov 2012 | 10389225 | State Bank of Patiala | ₹10 Lakh | Satisfied | |
| 09 Jul 2012 | 10366381 | State Bank of Patiala | ₹90 Lakh | Satisfied |
To see the full charge records of Andy Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Andy Solar Private Limited has 14 court cases on record: 5 filed by Andy Solar, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 9 | 6 | 0 |
| High courts | 4 | 2 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Patiala, Punjab | Arbitration matter | Filed against the company by Tata Capital Financial Services Ltd. | Disposed |
| District court, Patiala, Punjab | Commercial suit | Filed against the company by Tata Capital Financial Services Ltd | Disposed |
| District court, East, Delhi | Court case (Civ Suit) | Filed against the company by Tracksun Solar Pvt. Ltd. | Disposed |
| District court, Panchkula, Haryana | Execution petition | Filed by the company against individuals | Disposed |
| District court, Gurugram, Haryana | Arbitration matter | Filed against the company by New and Renewable Energy Department | Disposed |
To see the full case history of Andy 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 Andy Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Andy Solar Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
GST
Andy Solar has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Andy Solar Private Limited, buy the company report.
Recent activity
Andy Solar Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Rambir ceased to be Additional Director on 01 Dec 2020.
4 earlier events are in the company report.
Frequently asked questions
Andy Solar is an active private limited company based in Panchkula, Haryana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 21 July 2011 (15+ years old) and is registered under CIN U40106HR2011PTC043463.
Andy Solar has 2 current directors:
- Vikas Sihag - Director
- Sumit - Additional Director
The latest financial statements of Andy Solar on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Andy Solar has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Andy Solar is U40106HR2011PTC043463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Andy Solar has 14 court cases on record: 5 filed by the company and 9 filed against it. Most are in the district courts.
Andy Solar was incorporated on 21 July 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
Rambir ceased to be Additional Director on 01 Dec 2020. Rakesh Kumar ceased to be Additional Director on 25 Apr 2019. Satwant Singh ceased to be Additional Director on 21 Mar 2018. Andy Solar has 6 board changes on record in total.
Andy Solar can be reached through the website andysolar.com. Its registered office is in Panchkula, Haryana, India.
The registered office of Andy Solar is at Plot No 75 Industrial Area Phase 2, Panchkula, Haryana, India – 134109.