MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0078507
Bhaskar Solartech Private Limited
Bhaskar Solartech Private Limited - utilities in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹58,541
▼ 1% YoY
Net profit · FY 2025
₹259
Net margin 0.4%
EBITDA · FY 2025
₹3,123
EBITDA margin 5.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Bhaskar Solartech Private Limited
Data last updated:
Bhaskar Solartech Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the water supply segment of the utilities sector. It was incorporated on 08 September 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40300MP2017PTC044125. Its GSTIN is 23AAHCB4323P1ZL (Madhya Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Mahendra Patidar and Rajesh Dhamija.
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 Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹58,541, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹259 (net margin 0.4%) and EBITDA of ₹3,123 (EBITDA margin 5.3%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
Bhaskar Solartech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0078507). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40300MP2017PTC044125
Registration Number 044125
Incorporation Date 08 September 2017
ROC Gwalior
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-MP-23-0078507
Recognitions & Rankings of Bhaskar Solartech
Contact details
Bhaskar Solartech Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address1610 Roop Nagar, Gali No. 3 Gori Nagar, Indore, Madhya Pradesh, India – 452010
- IndustryUtilities, Water Supply
To see the full contact details of Bhaskar Solartech Private Limited, buy the company report.
Comprehensive company report
Bhaskar Solartech 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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Secure checkout · GST invoice included
Business activity
The main business activity of Bhaskar Solartech 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 Bhaskar Solartech Private Limited, buy the company report.
Financials of Bhaskar Solartech Private Limited
FY 2025 filings availableBhaskar Solartech Private Limited reported revenue of ₹58,541 (down 1% YoY) for FY 2025.
Revenue · FY 2025
₹58,541 ▼ 1%
Net profit · FY 2025
₹259 margin 0.4%
EBITDA · FY 2025
₹3,123 margin 5.3%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▼ 20%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 46%
3 years · compounded
▲ 28%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 1% fall in the latest year. EBITDA rose 46% 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
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| EBITDA | ₹3,123 | ||||
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| Net Profit (PAT) | ₹259 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 5.3% | ||||
| Net Profit Margin | 0.4% | ||||
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To see the full financial statements and ratios of Bhaskar Solartech Private Limited, buy the company report.
Board of directors of Bhaskar Solartech Private Limited
Bhaskar Solartech 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 |
|---|---|---|---|---|
| Mahendra Patidar | Director | 08 Sep 2017 | 9 Years 1 Months | Current |
| Rajesh Dhamija | Director | 28 Dec 2020 | 5 Years 9 Months | Current |
| Prakash Yadav Also directs: Mnre Solar Power Private Limited | Director | 04 Dec 2018 | 7 Years 10 Months | Current |
Peer comparison
Bhaskar Solartech Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Alagendira Solar Energy Private Limited | ₹61,200 (FY 2024) | Tiruppur, Tamil Nadu, India | ||||
| Thapak Power Private Limited | ₹60,313 (FY 2024) | 45.0% | Hoshangabad, Madhya Pradesh, India | |||
| Spatig Power Private Limited | ₹60,000 (FY 2016) | -60.0% | Guwahati, Assam, India | |||
| Power-Point Energy Private Limited | ₹59,297 (FY 2025) | -81.0% | Mumbai, Maharashtra, India | |||
| Parakam Industries Private Limited | ₹58,634 (FY 2020) | Lucknow, Uttar Pradesh, India | ||||
| Bhaskar Solartech Private Limitedthis company | ₹58,541 (FY 2025) | ₹259 | 0.4% | -1.0% | Indore, Madhya Pradesh, India | |
| Parasia Small Hydro Power Private Limited | ₹58,000 (FY 2025) | 16.0% | Hyderabad, Telangana, India | |||
| Deokis Small Hydro Power Private Limited | ₹57,000 (FY 2025) | 4.0% | Hyderabad, Telangana, India | |||
| D&V Transmission Private Limited | ₹56,738 (FY 2025) | -96.0% | Rohtak, Haryana, India | |||
| Jambhora Energy Projects Limited | ₹56,396 (FY 2021) | 16.0% | Mumbai, Maharashtra, India | |||
| Triune Infra Private Limited | ₹56,000 (FY 2023) | -98.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Bhaskar Solartech Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bhaskar Solartech 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
No delayed payments to MSME suppliers are on our record for Bhaskar Solartech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bhaskar Solartech has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAHCB4323P1ZL | Madhya Pradesh | Active | 30 Sep 2017 |
To see the full GST registrations and return filing status of Bhaskar Solartech Private Limited, buy the company report.
Recent activity
Bhaskar Solartech Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Rajesh Dhamija ceased to be Additional Director on 30 Nov 2021.
AGM
Bhaskar Solartech Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bhaskar Solartech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Gwalior.
Ceased
Rajesh Dhamija ceased to be Additional Director.
Appointed
Rajesh Dhamija was appointed as Director.
Ceased
Koppula Rajanikant ceased to be Director.
Ceased
Devkinandan Phoolchand Bhimsaria ceased to be Director.
Ceased
Ganesh Choudhary ceased to be Director.
Appointed
Prakash Yadav was appointed as Director.
Ceased
Mithun Chouhan ceased to be Director.
Appointed
Mahendra Patidar was appointed as Director.
Incorporation
08 Sep 2017
Bhaskar Solartech Private Limited was registered on 08 Sep 2017 with Roc Gwalior & aged 9 years 1 month as per MCA records.
Frequently asked questions
Bhaskar Solartech is an active private limited company based in Indore, Madhya Pradesh, India. The company works in water supply, within the utilities industry. It was incorporated on 08 September 2017 (9+ years old) and is registered under CIN U40300MP2017PTC044125.
Bhaskar Solartech has 3 current directors:
- Mahendra Patidar - Director
- Rajesh Dhamija - Director
- Prakash Yadav - Director
The latest financial statements of Bhaskar Solartech 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 FY 2018 are in the company report.
The GSTIN of Bhaskar Solartech is 23AAHCB4323P1ZL, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Bhaskar Solartech is U40300MP2017PTC044125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bhaskar Solartech was incorporated on 08 September 2017, making it 9+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Bhaskar Solartech by revenue are Alagendira Solar Energy Private Limited, Thapak Power Private Limited, Spatig Power Private Limited, Power-Point Energy Private Limited, Parakam Industries Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).
Rajesh Dhamija ceased to be Additional Director on 30 Nov 2021. Rajesh Dhamija was appointed as Director on 28 Dec 2020. Koppula Rajanikant ceased to be Director on 27 Aug 2020. Bhaskar Solartech has 8 board changes on record in total.
Yes, Bhaskar Solartech is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0078507).
The registered office of Bhaskar Solartech is at 1610 Roop Nagar, Gali No. 3 Gori Nagar, Indore, Madhya Pradesh, India – 452010.
Bhaskar Solartech operates in the utilities industry, in the water supply segment.