Bright Solar Inverter Private Limited

Bright Solar Inverter Private Limited - consumer electronics & durables in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U29296GJ2016PTC085909 Incorporated 01 February 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Revenue · FY 2023
₹47.17 Lakh
▼ 4% YoY
Net profit · FY 2023
₹1.18 Lakh
Net margin 2.5%
EBITDA · FY 2023
₹8.66 Lakh
EBITDA margin 18.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
GST registrations
1
None active

About Bright Solar Inverter Private Limited

Data last updated:

Bright Solar Inverter Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 February 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29296GJ2016PTC085909. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hitesh Kumar Thumar Babubhai and Manishaben Hiteshkumar Thumar.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹47.17 Lakh, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Lakh (net margin 2.5%) and EBITDA of ₹8.66 Lakh (EBITDA margin 18.4%). Revenue has declined at a compounded annual rate (CAGR) of 21% over three years and 31% over five years.

Court records list 2 cases involving the company, including 2 filed against it; 2 cases are pending.

Bright Solar Inverter Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0048325). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U29296GJ2016PTC085909
Registration Number 085909
Incorporation Date 01 February 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0048325

Recognitions & Rankings of Bright Solar Inverter

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-GJ-01-0048325

Contact details

Bright Solar Inverter Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Shed No. – 371/D Front Side, Road No. 8 Kathwada GIDC, Ahmedabad, Gujarat, India – 382430
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Bright Solar Inverter Private Limited, buy the company report.

Comprehensive company report
Bright Solar Inverter 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Bright Solar Inverter is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Bright Solar Inverter Private Limited, buy the company report.

Financials of Bright Solar Inverter Private Limited

FY 2024 filings available

Bright Solar Inverter Private Limited reported revenue of ₹47.17 Lakh (down 4% YoY) for FY 2023.

Revenue · FY 2023
₹47.17 Lakh ▼ 4%
Net profit · FY 2023
₹1.18 Lakh margin 2.5%
EBITDA · FY 2023
₹8.66 Lakh margin 18.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 21%
5 years · compounded
▼ 31%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▼ 1%
5 years · compounded
▼ 18%

Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 4% fall in the latest year. EBITDA rose 21% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹47.17 Lakh
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹8.66 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.18 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin18.4%
Net Profit Margin2.5%
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 Bright Solar Inverter Private Limited, buy the company report.

Board of directors of Bright Solar Inverter Private Limited

Bright Solar Inverter has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Hitesh Kumar Thumar BabubhaiDirector01 Feb 201610 Years 9 MonthsCurrent
Manishaben Hiteshkumar ThumarDirector01 Feb 201610 Years 9 MonthsCurrent

Peer comparison

Bright Solar Inverter Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ventika Electronics Private Limited₹47.75 Lakh (FY 2024)12.0%Delhi, India
Mathura Switchgears Private Limited₹47.75 Lakh (FY 2025)102.0%Mumbai, Maharashtra, India
Sunsphere Private Limited₹47.19 Lakh (FY 2021)-78.0%Mumbai, Maharashtra, India
Bright Solar Inverter Private Limitedthis company₹47.17 Lakh (FY 2023)₹1.18 Lakh2.5%-4.0%Ahmedabad, Gujarat, India
Devanshu Appliances Private Limited₹46.95 Lakh (FY 2020)251.0%New Delhi, Delhi, India
Neomaxx Lights Private Limited₹46.53 Lakh (FY 2025)54.0%Aligarh, Uttar Pradesh, India
Voltronic Technologies Private Limited₹46.43 Lakh (FY 2024)-72.0%Coimbatore, Tamil Nadu, India

To see the full peer comparison of Bright Solar Inverter Private Limited, buy the company report.

Auditor

Bright Solar Inverter Private Limited is audited by CHIRAG R. SHAH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
CHIRAG R. SHAH & ASSOCIATESFY 2023106139

Shareholding

The shareholding of Bright Solar Inverter 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Bright Solar Inverter Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Bright Solar Inverter Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Bright Solar Inverter has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Bright Solar Inverter Private Limited, buy the company report.

Recent activity

Bright Solar Inverter Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Hitesh Kumar Thumar Babubhai was appointed as Director on 01 Feb 2016.

AGM
Bright Solar Inverter Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Bright Solar Inverter Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Hitesh Kumar Thumar Babubhai was appointed as Director.
Appointed
Manishaben Hiteshkumar Thumar was appointed as Director.
Incorporation
01 Feb 2016
Bright Solar Inverter Private Limited was registered on 01 Feb 2016 with Roc Ahmedabad & aged 10 years 9 months as per MCA records.

Frequently asked questions

Bright Solar Inverter is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 February 2016 (10+ years old) and is registered under CIN U29296GJ2016PTC085909.

Bright Solar Inverter has 2 current directors:

The latest financial statements of Bright Solar Inverter on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

No. Bright Solar Inverter has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Bright Solar Inverter is U29296GJ2016PTC085909. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bright Solar Inverter has 2 court cases on record: 2 filed against it. 2 are pending.

Bright Solar Inverter was incorporated on 01 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Bright Solar Inverter by revenue are Ventika Electronics Private Limited, Mathura Switchgears Private Limited, Sunsphere Private Limited, Devanshu Appliances Private Limited, Neomaxx Lights Private Limited and 1 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).

Hitesh Kumar Thumar Babubhai was appointed as Director on 01 Feb 2016. Manishaben Hiteshkumar Thumar was appointed as Director on 01 Feb 2016.

Yes, Bright Solar Inverter is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0048325).

The registered office of Bright Solar Inverter is at Shed No. – 371D Front Side, Road No. 8 Kathwada GIDC, Ahmedabad, Gujarat, India – 382430.