Bright Solar Limited

Bright Solar Limited - energy and environment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U51109GJ2010PLC060377 Incorporated 23 April 2010 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Public Limited Company energy and environment MSME · Small
Data last updated
Revenue · FY 2018
₹39.88 Cr
▲ 120% YoY
Net profit · FY 2018
₹6.2 Cr
Net margin 15.6%
EBITDA · FY 2018
₹9.63 Cr
EBITDA margin 24.1%
Authorised capital
₹22 Cr
Registered with MCA
Paid-up capital
₹20.4 Cr
Issued & subscribed
Company age
16 yrs
Est. 2010
Employees · EPFO
6
Provident fund records
Last AGM
28 Sep 2018
Annual general meeting

About Bright Solar Limited

Data last updated:

Bright Solar Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the solar energy segment of the energy and environment sector. It was incorporated on 23 April 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51109GJ2010PLC060377.

The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹20.4 Cr. It was formerly known as Bright Solar Private Limited.

The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2018, the company reported a revenue of ₹39.88 Cr, a growth of 120% compared to the previous year. For the same year it recorded a net profit of ₹6.2 Cr (net margin 15.6%) and EBITDA of ₹9.63 Cr (EBITDA margin 24.1%). Revenue has declined at a compounded annual rate (CAGR) of 6% over three years.

The company has about 6 employees on its provident fund (EPFO) records.

Court records list 23 cases involving the company, including 10 filed by the company and 13 filed against it; 4 cases are pending.

Bright Solar Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0033321). For more details, the company can be reached via its website brightsolar.in.

Company details

CIN U51109GJ2010PLC060377
Registration Number 060377
Incorporation Date 23 April 2010
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 September 2018
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0033321

CIN history

Bright Solar has one previous CIN (Corporate Identification Number): U51109GJ2010PTC060377. The current CIN is U51109GJ2010PLC060377, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U51109GJ2010PLC060377Current
U51109GJ2010PTC060377Previous

Recognitions & Rankings of Bright Solar

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0033321

Contact details

Bright Solar Limited's registered office is in Ahmedabad, Gujarat. Its website is brightsolar.in. Its e-mail address is in the company report.

  • Email
  • Website
    brightsolar.in
  • Social Media
  • Registered Address
    C – 103 Titanium Square Thaltej Cross Road, S.G Highway Thaltej, Ahmedabad, Gujarat, India – 380059
  • Industry
    Energy and Environment, Solar Energy

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

Comprehensive company report
Bright Solar 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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Financials of Bright Solar Limited

Bright Solar Limited reported revenue of ₹39.88 Cr (up 120% YoY) for FY 2018.

Revenue · FY 2018
₹39.88 Cr ▲ 120%
Net profit · FY 2018
₹6.2 Cr margin 15.6%
EBITDA · FY 2018
₹9.63 Cr margin 24.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 120%
3 years · compounded
▼ 6%
EBITDA CAGR growth
1 year
▲ 217%
3 years · compounded
▲ 43%

Revenue rose 120% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 6%. EBITDA rose 217% 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 2017-18FY 2016-17FY 2015-16FY 2014-15
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹39.88 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹9.63 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹6.2 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

MetricsFY 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin24.1%
Net Profit Margin15.6%
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 Bright Solar Limited, buy the company report.

Board of directors of Bright Solar Limited

No directors are listed for Bright Solar in the MCA records available to us.

Auditor

Bright Solar Limited is audited by CHIRAG R SHAH & ASSOCIATES for the financial year 2018.

Auditor firmFinancial yearFirm registration number
CHIRAG R SHAH & ASSOCIATESFY 2018118791W

Shareholding

The shareholding of Bright Solar Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

MSME payment delays

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

Employees & EPFO

Bright Solar Limited has a workforce of 6 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
6
Active EPFO establishments
1
Employee growth
-25%

GST

No GST registration is on our record for Bright Solar Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

AGM
Bright Solar Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.
Incorporation
23 Apr 2010
Bright Solar Limited was registered on 23 Apr 2010 with RoC-Ahmedabad & aged 16 years 6 months as per MCA records.

Frequently asked questions

Bright Solar is an active public limited company based in Ahmedabad, Gujarat, India. The company works in solar energy, within the energy and environment industry. It was incorporated on 23 April 2010 (16+ years old) and is registered under CIN U51109GJ2010PLC060377.

The CIN (Corporate Identification Number) of Bright Solar is U51109GJ2010PLC060377. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Bright Solar has 23 court cases on record: 10 filed by the company and 13 filed against it. 4 are pending. Most are in the district courts.

Bright Solar was incorporated on 23 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Yes, Bright Solar is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0033321).

Bright Solar can be reached through the website brightsolar.in. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Bright Solar is at C – 103 Titanium Square Thaltej Cross Road, S.G Highway Thaltej, Ahmedabad, Gujarat, India – 380059.

Bright Solar operates in the energy and environment industry, in the solar energy segment.

Yes. Bright Solar was formerly known as Bright Solar Private Limited.