About Applied Energy Technologies Private Limited
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Applied Energy Technologies Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 29 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U70102DL2008PTC226945. Its GSTIN is 07AAHCA4863F2ZN (Delhi). The company holds 22 GST registrations, of which 20 are active.
The company has an authorised share capital of ₹480 Cr and a paid-up capital of ₹2.57 Cr. It was formerly known as Applied Solar Technologies Private Limited and Applied Solar Technologies (India) Private Limited. It is led by directors including Vinod Kumar Agarwal (Managing Director) and Kapil Kumar Kathpalia.
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 A – 5 Saraswati House Naraina Industrial Area Phase II, New Delhi, Delhi, India – 110028.
As per the financials filed for FY 2025, the company reported a revenue of ₹98.59 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹19.33 Cr (net margin 19.6%) and EBITDA of ₹29.58 Cr (EBITDA margin 30%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 13% over five years.
The company has about 33 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Applied Energy. As per MCA filings, the company has open charges of ₹720.1 Cr and satisfied charges of ₹218.34 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending. The company has 10 deals on record (6 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹487.01 Cr; the latest was in March 2017. The company has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 21 overdue payments to 6 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website appliedsolartechnologies.com.
Company details
Name history
Applied Energy Technologies has undergone 2 name changes throughout its history. The company was previously known as Applied Solar Technologies Private Limited, and Applied Solar Technologies (India) Private Limited. The current legal name is Applied Energy Technologies Private Limited.
| Company Name | Status |
|---|---|
| Applied Energy Technologies Private Limited | Current |
| Applied Solar Technologies Private Limited | Previous |
| Applied Solar Technologies (India) Private Limited | Previous |
CIN history
Applied Energy Technologies has one previous CIN (Corporate Identification Number): U70102KA2008PTC048729. The current CIN is U70102DL2008PTC226945, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70102DL2008PTC226945 | Current |
| U70102KA2008PTC048729 | Previous |
Contact details
Applied Energy Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is appliedsolartechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 5 Saraswati House Naraina Industrial Area Phase II, New Delhi, Delhi, India – 110028
- IndustryEnvironment, Clean Energy Solutions
To see the full contact details of Applied Energy Technologies 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
Applied Energy Technologies operates one associated brand: Applied Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides end-to-end sustainable energy solutions with AI-backed design and maintenance services. | appliedenergytechnologies.com |
Business activity
The main business activity of Applied Energy Technologies is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Applied Energy Technologies Private Limited, buy the company report.
Financials of Applied Energy Technologies Private Limited
FY 2025 filings availableApplied Energy Technologies Private Limited reported revenue of ₹98.59 Cr (up 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 4% growth in the latest year. EBITDA rose 55% 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 | ₹98.59 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹29.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹19.33 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30% | ||||
| Net Profit Margin | 19.6% | ||||
| 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 Applied Energy Technologies Private Limited, buy the company report.
Board of directors of Applied Energy Technologies Private Limited
Applied Energy Technologies has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nithin Krishna Kaimal Also directs: Thrive With Jyoti LLP, Vixcap Resurgence LLP, Graph AI Services India Private Limited and 1 more | Nominee Director | 28 Sep 2022 | 4 Years 1 Months | Current |
| Kapil Kumar Kathpalia Also directs: Applied Solar Projects Private Limited, HBR Solar Private Limited, Ast Telecom Solar Private Limited and 1 more | Director | 24 Apr 2009 | 17 Years 6 Months | Current |
| Dipender Saluja | Nominee Director | 08 Dec 2010 | 15 Years 11 Months | Current |
| Vinod Kumar Agarwal | Managing Director | 29 Dec 2008 | 17 Years 10 Months | Current |
Auditor
Applied Energy Technologies Private Limited is audited by B S R & Co. LLP for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2025 | 101248W /W-100022 |
Shareholding
The shareholding of Applied Energy Technologies Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Applied Energy Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Feb 2014 | 10475720 | Idbi Trusteeship Services Limited | ₹720.1 Cr | Open | |
| 15 Jan 2014 | 10471911 | Svb India Finance Private Limited | ₹15 Cr | Satisfied | |
| 07 Dec 2011 | 10322655 | International Finance Corporation | ₹46.17 Cr | Satisfied | |
| 05 May 2011 | 10291877 | Export-Import Bank of the United States | ₹22.17 Cr | Satisfied | |
| 25 Oct 2010 | 10253134 | Landt Infrastructure Finance Company Limited | ₹120 Cr | Satisfied |
To see the full charge records of Applied Energy Technologies Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Applied Energy Technologies Private Limited has 10 deals on record (6 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹487.01 Cr; the latest was in March 2017.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Vinod Kumar Agarwal Huf Seller: an individual |
| May 2015 | Funding round · Series D | ₹248.58 Cr | Investors: The Northern Trust Company, Bessemer Venture Partners, Capricorn Investment Group |
| Jan 2014 | Debt financing | ₹15 Cr | Investors: InnoVen Capital |
| Jul 2010 | Funding round · Series B | ₹48.3 Cr | Investors: International Finance Corporation, Capricorn Investment Group, Bessemer Venture Partners |
| Oct 2009 | Funding round · Series A | ₹23.52 Cr | Investors: Bessemer Venture Partners, Patanjali Management Services Private Limited |
To see the full deal history of Applied Energy Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Applied Energy Technologies Private Limited has 4 court cases on record: 3 filed by Applied Energy Technologies, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (SERTA) | Filed against the company by PR Commissioner CGST Delhi South | Pending |
| High Court of Delhi | Court case (SERTA) | Filed by the company against The Commissioner Central Goods and Service Tax (Audit II) | Pending |
| High Court | Court case (CWJC) | Filed by the company against The Union of India and 5 others | Disposed |
| High Court | Writ petition | Filed by the company against individuals | Disposed |
To see the full case history of Applied Energy Technologies 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
Applied Energy Technologies Private Limited has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 21 overdue payments to 6 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 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sungarner Energies Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Agile Manufacturing Services Private Limited |
To see the full MSME payment records of Applied Energy Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Applied Energy Technologies has 3 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Applied Solar Projects Private Limited | U40106DL2011PTC223918 | |
| HBR Solar Private Limited | U74120UP2011PTC048055 | |
| Ast Telecom Solar Private Limited | U74900DL2013PTC248470 |
To see the full group structure of Applied Energy Technologies Private Limited, buy the company report.
Employees & EPFO
Applied Energy Technologies Private Limited has a workforce of 33 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 33 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Applied Energy Technologies Private Limited, buy the company report.
GST
Applied Energy Technologies has 22 GST registrations: 20 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAHCA4863F2ZN | Delhi | Active | 01 Jul 2017 |
| 03AAHCA4863F1ZW | Punjab | Active | 01 Jul 2017 |
| 06AAHCA4863F1ZQ | Haryana | Active | 01 Jul 2017 |
| 08AAHCA4863F1ZM | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Applied Energy Technologies Private Limited, buy the company report.
Recent activity
Applied Energy Technologies Private Limited has 13 board changes on record since 2008: 4 appointments and 9 cessations. The latest: Vishal Vijay Gupta ceased to be Nominee Director on 30 Sep 2022.
16 earlier events are in the company report.
Frequently asked questions
Applied Energy Technologies is an active private limited company based in New Delhi, Delhi, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 29 December 2008 (18+ years old) and is registered under CIN U70102DL2008PTC226945.
Applied Energy Technologies has 4 current directors:
- Vinod Kumar Agarwal - Managing Director
- Nithin Krishna Kaimal - Nominee Director
- Kapil Kumar Kathpalia - Director
- Dipender Saluja - Nominee Director
The latest financial statements of Applied Energy Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Applied Energy Technologies is 07AAHCA4863F2ZN, registered in Delhi. The company has 22 GST registrations in all, of which 20 are active and 2 are cancelled or inactive. Other active GSTINs include 03AAHCA4863F1ZW (Punjab), 06AAHCA4863F1ZQ (Haryana), 08AAHCA4863F1ZM (Rajasthan).
The CIN (Corporate Identification Number) of Applied Energy Technologies is U70102DL2008PTC226945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Applied Energy Technologies has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Applied Energy Technologies was incorporated on 29 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
Applied Energy Technologies has 10 deals on record (6 funding rounds, 3 secondary share transfers, 1 debt financing), with disclosed funding of ₹487.01 Cr; the latest was in March 2017.
Vishal Vijay Gupta ceased to be Nominee Director on 30 Sep 2022. Nithin Krishna Kaimal was appointed as Nominee Director on 28 Sep 2022. Robin Shalabh Chandra ceased to be Nominee Director on 20 Oct 2019. Applied Energy Technologies has 13 board changes on record in total.
Applied Energy Technologies has 1 MSME Form 1 return on record for the period ending Sep 2023, listing 21 overdue payments to 6 micro and small suppliers. The latest return was filed on 31 May 2024.
Applied Energy Technologies can be reached through the website appliedsolartechnologies.com. Its registered office is in New Delhi, Delhi, India.
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