About Canal Solar Energy Private Limited
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Canal Solar Energy Private Limited is a private limited company based in Guruharsahai, Punjab, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 January 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40300PB2017PTC045990. Its GSTIN is 03AAGCC7756C1ZV (Punjab).
The company has an authorised share capital of ₹23 Cr and a paid-up capital of ₹23 Cr. It is led by directors Harsh Awla (Managing Director) and Vinod Kumar Dhir.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Faridkot Road, Guruharsahai, Punjab, India – 152022.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.99 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹2.58 Cr (net margin -36.9%) and EBITDA of ₹2.83 Cr (EBITDA margin 40.5%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 9% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹93.98 Cr and satisfied charges of ₹169.86 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sael.co.
Company details
Contact details
Canal Solar Energy Private Limited's registered office is in Guruharsahai, Punjab. Its website is sael.co. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressFaridkot Road, Guruharsahai, Punjab, India – 152022
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Canal Solar Energy Private Limited, buy the company report.
- 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
Business activity
The main business activity of Canal Solar Energy 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 Canal Solar Energy Private Limited, buy the company report.
Financials of Canal Solar Energy Private Limited
FY 2025 filings availableCanal Solar Energy Private Limited reported revenue of ₹6.99 Cr (down 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 62% 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 |
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| EBITDA | ₹2.83 Cr | ||||
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| Net Profit (PAT) | -₹2.58 Cr | ||||
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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 | 40.5% | ||||
| Net Profit Margin | -36.9% | ||||
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To see the full financial statements and ratios of Canal Solar Energy Private Limited, buy the company report.
Board of directors of Canal Solar Energy Private Limited
Canal Solar Energy has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harsh Awla Also directs: Sael Solar P Nineteen Private Limited, Sael Solar P9 Private Limited, Sael Solar P8 Private Limited and 5 more | Managing Director | 21 Feb 2024 | 2 Years 8 Months | Current |
| Vinod Kumar Dhir Also directs: Sunfree Paschim Renewable Energy Private Limited, Aj Infraheights LLP, Awla Energy P Twenty One Private Limited and 5 more | Director | 09 Dec 2024 | 1 Years 11 Months | Current |
Peer comparison
Canal Solar Energy Private Limited is compared with the 4 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 |
|---|---|---|---|---|---|---|
| Cambria Solar Private Limited | ₹7 Cr (FY 2025) | -11.0% | Huvinahadagali, Karnataka, India | |||
| Canal Solar Energy Private Limitedthis company | ₹6.99 Cr (FY 2025) | -₹2.58 Cr | -36.9% | -18.0% | Guruharsahai, Punjab, India | |
| Avatar Solar Private Limited | ₹6.93 Cr (FY 2025) | -2.0% | Gandhinagar, Gujarat, India | |||
| Fpel Sunrise Private Limited | ₹6.9 Cr (FY 2024) | 24550.0% | Hyderabad, Telangana, India | |||
| Abijit Solar Energy Private Limited | ₹6.89 Cr (FY 2024) | 20.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Canal Solar Energy Private Limited, buy the company report.
Auditor
Canal Solar Energy Private Limited is audited by ANIL SOOD & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL SOOD & ASSOCIATES | FY 2021 | 004985N |
Shareholding
The shareholding of Canal Solar Energy Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Canal Solar Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101213654 | Others | ₹75 Cr | Open | |
| 29 May 2020 | 100337635 | Others | ₹18.98 Cr | Open | |
| 12 Jun 2023 | 100738710 | Others | ₹55 Cr | Satisfied | |
| 12 Jun 2023 | 100740541 | Others | ₹20 Cr | Satisfied | |
| 21 Feb 2023 | 100697255 | Others | ₹61 Cr | Satisfied |
To see the full charge records of Canal Solar Energy Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Canal Solar 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
No delayed payments to MSME suppliers are on our record for Canal Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Canal Solar Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAGCC7756C1ZV | Punjab | Active | 27 Jul 2017 |
To see the full GST registrations and return filing status of Canal Solar Energy Private Limited, buy the company report.
Recent activity
Canal Solar Energy Private Limited has 7 board changes on record since 2019: 2 appointments and 5 cessations. The latest: Vinod Kumar Dhir ceased to be Additional Director on 10 Sep 2025.
10 earlier events are in the company report.
News
Frequently asked questions
Canal Solar Energy is an active private limited company based in Guruharsahai, Punjab, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 January 2017 (9+ years old) and is registered under CIN U40300PB2017PTC045990.
Canal Solar Energy has 2 current directors:
- Harsh Awla - Managing Director
- Vinod Kumar Dhir - Director
The latest financial statements of Canal Solar Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 11 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Canal Solar Energy is 03AAGCC7756C1ZV, registered in Punjab.
The CIN (Corporate Identification Number) of Canal Solar Energy is U40300PB2017PTC045990. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canal Solar Energy was incorporated on 02 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Canal Solar Energy by revenue are Cambria Solar Private Limited, Avatar Solar Private Limited, Fpel Sunrise Private Limited, Abijit Solar Energy Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Vinod Kumar Dhir ceased to be Additional Director on 10 Sep 2025. Sukhbir Singh ceased to be Director on 10 Dec 2024. Vinod Kumar Dhir was appointed as Director on 09 Dec 2024. Canal Solar Energy has 7 board changes on record in total.
Canal Solar Energy can be reached through the website sael.co. Its registered office is in Guruharsahai, Punjab, India.
The registered office of Canal Solar Energy is at Faridkot Road, Guruharsahai, Punjab, India – 152022.
Canal Solar Energy operates in the environment industry, in the solar energy solutions segment.
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