MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0087893
Aspiration Energy Private Limited - energy and power in Kanchipuram, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.27 Cr
▼ 25% YoY
Net loss · FY 2024
₹60.79 Lakh
Net margin -18.6%
EBITDA · FY 2024
-₹33.76 Lakh
EBITDA margin -10.3%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹5.03 Lakh
Issued & subscribed
Open charges
₹90 Lakh
Satisfied ₹1.63 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
5
Provident fund records
About Aspiration Energy Private Limited
Data last updated:
Aspiration Energy Private Limited is a private limited company based in Kanchipuram, Tamil Nadu, India. It operates in the power epc, bop and btg services segment of the energy and power sector. It was incorporated on 26 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40109TN2010PTC074728. Its GSTIN is 33AAICA3250D1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹5.03 Lakh. It is led by directors Thirumalai Nambakkam Bhoovarahan and Logesh.
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 Kanchipuram, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.27 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹60.79 Lakh (net margin -18.6%) and EBITDA of -₹33.76 Lakh (EBITDA margin -10.3%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 9% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Aspiration Energy. As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹1.63 Cr on record.
Aspiration Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0087893). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aspirationenergy.com.
Company details
CIN U40109TN2010PTC074728
Registration Number 074728
Incorporation Date 26 February 2010
ROC Chennai
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 Micro
Udyam Registration UDYAM-TN-02-0087893
Recognitions & Rankings of Aspiration Energy
Contact details
Aspiration Energy Private Limited's registered office is in Kanchipuram, Tamil Nadu. Its website is aspirationenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor No.18/4 Munusamy Maistry Street, Issa Pallavaram Chennai, Kanchipuram, Tamil Nadu, India – 600043
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Aspiration Energy Private Limited, buy the company report.
Comprehensive company report
Aspiration Energy 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
Aspiration Energy operates one associated brand: Aspiration Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar installation services are offered via a pay-as-you-go model. | aspirationenergy.com |
Business activity
The main business activity of Aspiration Energy 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 Aspiration Energy Private Limited, buy the company report.
Financials of Aspiration Energy Private Limited
FY 2025 filings availableAspiration Energy Private Limited reported revenue of ₹3.27 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹3.27 Cr ▼ 25%
Net loss · FY 2024
₹60.79 Lakh margin -18.6%
EBITDA · FY 2024
-₹33.76 Lakh margin -10.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 1%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 176%
3 years · compounded
▲ 43%
5 years · compounded
▲ 13%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 176% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹33.76 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹60.79 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.3% | ||||
| Net Profit Margin | -18.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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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 Aspiration Energy Private Limited, buy the company report.
Board of directors of Aspiration Energy Private Limited
Aspiration Energy has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Thirumalai Nambakkam Bhoovarahan Also directs: Bhookanch Business Services LLP, Aspire Systems Development Services Private Limited, Bhusat Foundation and 3 more | Director | 26 Feb 2010 | 16 Years 8 Months | Current |
| Logesh Also directs: Aspiration Cleantech Ventures Private Limited | Director | 28 Jul 2023 | 3 Years 3 Months | Current |
Auditor
Aspiration Energy Private Limited is audited by SGKN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SGKN & CO | FY 2023 | 021603S |
Shareholding
The shareholding of Aspiration Energy 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 Aspiration Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹90 Lakh
Satisfied charges
₹1.63 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Nov 2019 | 100303990 | City Union Bank Limited | ₹90 Lakh | Open | |
| 12 Mar 2014 | 10488226 | Tata Cleantech Capital Limited | ₹63 Lakh | Satisfied | |
| 20 Jun 2011 | 10300451 | Indian Bank | ₹1 Cr | Satisfied |
To see the full charge records of Aspiration Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Aspiration Energy 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
Aspiration Energy Private Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 29 overdue payments to 16 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 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Refrigeration & Allied Traders | |||
| Leelavati Automation Private Limited | |||
| Rishabh Enterprises Hvac&R Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Aspiration Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Aspiration Energy Private Limited has a workforce of 5 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
5
Active EPFO establishments
1
Employee growth
25%
GST
Aspiration Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAICA3250D1Z9 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aspiration Energy Private Limited, buy the company report.
Recent activity
Aspiration Energy Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Kannan Narayanaswamy ceased to be Director on 10 Aug 2023.
AGM
Aspiration Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Aspiration Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Kannan Narayanaswamy ceased to be Director.
Ceased
Satyanarayanan Seshadri ceased to be Director.
Appointed
Logesh was appointed as Director.
Appointed
Satyanarayanan Seshadri was appointed as Director.
Charges
A charge with City Union Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 100303990 was registered on 04 Nov 2019.
Ceased
Gowrishankar Subramanian ceased to be Director.
Appointed
Kannan Narayanaswamy was appointed as Director.
Charges
A charge registered on 20 Jun 2011 via Charge ID 10300451 with Indian Bank was fully satisfied on 27 Mar 2019.
Charges
A charge registered on 12 Mar 2014 via Charge ID 10488226 with Tata Cleantech Capital Limited was fully satisfied on 26 Mar 2019.
Charges
A charge with Tata Cleantech Capital Limited amounted to Rs. 63.00 Lakh with Charge ID 10488226 was registered on 12 Mar 2014.
4 earlier events are in the company report.
Frequently asked questions
Aspiration Energy is an active private limited company based in Kanchipuram, Tamil Nadu, India. The company works in power epc, bop and btg services, within the energy and power industry. It was incorporated on 26 February 2010 (16+ years old) and is registered under CIN U40109TN2010PTC074728.
Aspiration Energy has 2 current directors:
- Thirumalai Nambakkam Bhoovarahan - Director
- Logesh - Director
The latest financial statements of Aspiration Energy 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 Aspiration Energy is 33AAICA3250D1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Aspiration Energy is U40109TN2010PTC074728. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aspiration Energy was incorporated on 26 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chennai.
Kannan Narayanaswamy ceased to be Director on 10 Aug 2023. Satyanarayanan Seshadri ceased to be Director on 10 Aug 2023. Logesh was appointed as Director on 28 Jul 2023. Aspiration Energy has 8 board changes on record in total.
Yes, Aspiration Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-02-0087893).
Aspiration Energy has 6 MSME Form 1 returns on record between 2019 and 2024, listing 29 overdue payments to 16 micro and small suppliers. The latest return was filed on 29 Apr 2024.
Aspiration Energy can be reached through the website aspirationenergy.com. Its registered office is in Kanchipuram, Tamil Nadu, India.
The registered office of Aspiration Energy is at 2nd Floor No.184 Munusamy Maistry Street, Issa Pallavaram Chennai, Kanchipuram, Tamil Nadu, India – 600043.
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