MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-TS-09-0002656
Argo Solar Private Limited - environment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹20.66 Cr
▼ 13% YoY
Net profit · FY 2025
₹71.22 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹1.45 Cr
EBITDA margin 7%
Authorised capital
₹21 Lakh
Registered with MCA
Paid-up capital
₹18.53 Lakh
Issued & subscribed
Open charges
₹6.59 Cr
Satisfied ₹9.25 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
21
Provident fund records
About Argo Solar Private Limited
Data last updated:
Argo Solar Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40108TG2013PTC086967. Its GSTIN is 36AALCA5099D1ZH (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹18.53 Lakh. It is led by directors including Rajesh Peddu and Ganesh Sarnala.
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 Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.66 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹71.22 Lakh (net margin 3.4%) and EBITDA of ₹1.45 Cr (EBITDA margin 7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
The company has about 21 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Argo Solar. As per MCA filings, the company has open charges of ₹6.59 Cr and satisfied charges of ₹9.25 Cr on record.
Argo Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-09-0002656). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website argosolar.in.
Company details
CIN U40108TG2013PTC086967
Registration Number 086967
Incorporation Date 12 April 2013
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TS-09-0002656
CIN history
Argo Solar has one previous CIN (Corporate Identification Number): U40108AP2013PTC086967. The current CIN is U40108TG2013PTC086967, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108TG2013PTC086967 | Current |
| U40108AP2013PTC086967 | Previous |
Recognitions & Rankings of Argo Solar
Contact details
Argo Solar Private Limited's registered office is in Hyderabad, Telangana. Its website is argosolar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 1217/A Veda Ark, 4th Floor Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500033
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Argo Solar Private Limited, buy the company report.
Comprehensive company report
Argo Solar 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
Argo Solar operates one associated brand: Argo Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides customized solar installations and financing for energy efficiency. | argosolar.in |
Business activity
The main business activity of Argo Solar 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 Argo Solar Private Limited, buy the company report.
Financials of Argo Solar Private Limited
FY 2025 filings availableArgo Solar Private Limited reported revenue of ₹20.66 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹20.66 Cr ▼ 13%
Net profit · FY 2025
₹71.22 Lakh margin 3.4%
EBITDA · FY 2025
₹1.45 Cr margin 7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 10%
5 years · compounded
▲ 15%
EBITDA CAGR growth
1 year
▲ 35%
3 years · compounded
▲ 50%
5 years · compounded
▲ 27%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 15%. EBITDA rose 35% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.45 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.22 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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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 | 7% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Argo Solar Private Limited, buy the company report.
Board of directors of Argo Solar Private Limited
Argo Solar has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Sarnala Also directs: Newatom Labs Private Limited, VSK Labs Private Limited, Envirya Renewable Energy Private Limited and 5 more | Nominee Director | 07 Jun 2025 | 1 Years 4 Months | Current |
| Rayala Vinay | Nominee Director | 07 Jun 2025 | 1 Years 4 Months | Current |
| Rajesh Peddu Also directs: Revolve Projects LLP, Greenace Energy Private Limited | Director | 12 Apr 2013 | 13 Years 6 Months | Current |
Peer comparison
Argo Solar Private Limited is compared with the 8 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Matrix Green Energy Private Limited | ₹20.99 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Achintya Solar Power Private Limited | ₹20.9 Cr (FY 2025) | 0.0% | Hyderabad, Telangana, India | |||
| TP Saurya Bandita Limited | ₹20.74 Cr (FY 2025) | 252.0% | Mumbai, Maharashtra, India | |||
| Saks Power Private Limited | ₹20.73 Cr (FY 2025) | 18.0% | Chennai, Tamil Nadu, India | |||
| Argo Solar Private Limitedthis company | ₹20.66 Cr (FY 2025) | ₹71.22 Lakh | 3.4% | -13.0% | 21 | Hyderabad, Telangana, India |
| Renew Agni Power Private Limited | ₹20.56 Cr (FY 2025) | -16.0% | New Delhi, Delhi, India | |||
| Mullur Solar Parks Private Limited | ₹20.54 Cr (FY 2024) | -16.0% | Hyderabad, Telangana, India | |||
| Nucleus Energy Private Limited | ₹20.5 Cr (FY 2025) | -10.0% | Aurangabad, Maharashtra, India | |||
| Apple India Solar Products Private Limited | ₹20.46 Cr (FY 2025) | -23.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Argo Solar Private Limited, buy the company report.
Auditor
Argo Solar Private Limited is audited by Datla & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Datla & Associates | FY 2023 | 012185S |
Shareholding
The shareholding of Argo Solar 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 Argo Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.59 Cr
Satisfied charges
₹9.25 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100533675 | Yes Bank Limited | ₹6.59 Cr | Open | |
| 24 Feb 2020 | 100331781 | Others | ₹3 Cr | Satisfied | |
| 23 Jul 2018 | 100207519 | Others | ₹5 Cr | Satisfied | |
| 15 May 2015 | 10569136 | Small Industries Development Bank of India | ₹1.25 Cr | Satisfied |
To see the full charge records of Argo Solar Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Argo Solar Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Argo Solar Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Solar Mounting System Solutions | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Argo Solar Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Argo Solar has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Greenace Energy Private Limited | U74999AP2018PTC108968 |
To see the full group structure of Argo Solar Private Limited, buy the company report.
Employees & EPFO
Argo Solar Private Limited has a workforce of 21 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
21
Active EPFO establishments
1
Employee growth
61.54%
GST
Argo Solar has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AALCA5099D1ZH | Telangana | Active | 01 Jul 2017 |
| 37AALCA5099D1ZF | Andhra Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Argo Solar Private Limited, buy the company report.
Recent activity
Argo Solar Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Ganesh Sarnala was appointed as Nominee Director on 07 Jun 2025.
AGM
Argo Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Ganesh Sarnala was appointed as Nominee Director.
Appointed
Rayala Vinay was appointed as Nominee Director.
Filing
Argo Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Yes Bank Limited of Rs. 658.73 Lakh registered on 29 Jan 2022 with Charge ID 100533675 was modified on 26 Aug 2022.
Charges
A charge registered on 24 Feb 2020 via Charge ID 100331781 with Others was fully satisfied on 31 Jan 2022.
Charges
A charge with Yes Bank Limited amounted to Rs. 658.73 Lakh with Charge ID 100533675 was registered on 29 Jan 2022.
Ceased
Veeravenkata Satyanarayanaraju Datla ceased to be Whole-Time Director.
Ceased
Anusha Peddu ceased to be Additional Director.
Charges
A charge registered on 23 Jul 2018 via Charge ID 100207519 with Others was fully satisfied on 22 Sep 2020.
Charges
A charge registered on 15 May 2015 via Charge ID 10569136 with Small Industries Development Bank Of India was fully satisfied on 16 Sep 2020.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 100331781 was registered on 24 Feb 2020.
7 earlier events are in the company report.
Frequently asked questions
Argo Solar is an active private limited company based in Hyderabad, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 April 2013 (13+ years old) and is registered under CIN U40108TG2013PTC086967.
Argo Solar has 3 current directors:
- Ganesh Sarnala - Nominee Director
- Rayala Vinay - Nominee Director
- Rajesh Peddu - Director
The latest financial statements of Argo Solar 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 Argo Solar is 36AALCA5099D1ZH, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AALCA5099D1ZF (Andhra Pradesh).
The CIN (Corporate Identification Number) of Argo Solar is U40108TG2013PTC086967. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Argo Solar was incorporated on 12 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Argo Solar by revenue are Matrix Green Energy Private Limited, Achintya Solar Power Private Limited, TP Saurya Bandita Limited, Saks Power Private Limited, Renew Agni Power Private Limited and 3 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ganesh Sarnala was appointed as Nominee Director on 07 Jun 2025. Rayala Vinay was appointed as Nominee Director on 07 Jun 2025. Veeravenkata Satyanarayanaraju Datla ceased to be Whole-Time Director on 22 Jan 2022. Argo Solar has 8 board changes on record in total.
Yes, Argo Solar is registered as a small enterprise under Udyam registration (number: UDYAM-TS-09-0002656).
Argo Solar has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 9 overdue payments to 5 micro and small suppliers. The latest return was filed on 30 Oct 2019.
Argo Solar can be reached through the website argosolar.in. Its registered office is in Hyderabad, Telangana, India.
The registered office of Argo Solar is at Plot No. 1217A Veda Ark, 4th Floor Road No. 36 Jubilee Hills, Hyderabad, Telangana, India – 500033.
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