Chaitan Solar Developers Private Limited
About Chaitan Solar Developers Private Limited
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Chaitan Solar Developers Private Limited is a private limited company based in Narsinghpur, Madhya Pradesh, India, recognised as a startup by DPIIT. It operates in the electric power generation segment of the energy sector. It was incorporated on 01 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U40105MP2020PTC053941. Its GSTIN is 23AAJCC1436A1ZD (Madhya Pradesh).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Rahul Paliwal and Srishti Paliwal.
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 90/5 (D) H/O Pratap Narayan Koli – Jagdish Ward Gadarwara, Narsinghpur, Madhya Pradesh, India – 487551.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.83 Lakh, a decline of 42% compared to the previous year. For the same year it recorded a net profit of ₹3.16 Lakh (net margin 12.2%) and EBITDA of ₹3.16 Lakh (EBITDA margin 12.2%). Revenue has grown at a compounded annual rate (CAGR) of 262% over three years.
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- Registered Address90/5 (D) H/O Pratap Narayan Koli – Jagdish Ward Gadarwara, Narsinghpur, Madhya Pradesh, India – 487551
- IndustryEnergy, Electric Power Generation, Generation And Transmission Of Other Power Plants
- 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
- One PDF report, delivered after checkout
Business Activity of Chaitan Solar Developers Private Limited
The main business activity of Chaitan Solar Developers is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chaitan Solar Developers Private Limited FY 2025 filings available
Chaitan Solar Developers Private Limited reported revenue of ₹25.83 Lakh (down 42% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chaitan Solar Developers Private Limited
Revenue fell 42% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 262%. EBITDA rose 115% 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 of Chaitan Solar Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹3.16 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.16 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Chaitan Solar Developers Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 12.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Chaitan Solar Developers are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Chaitan Solar Developers Private Limited
Chaitan Solar Developers Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Odisha Energy Distribution and Construction Private Limited | •••• | •••• | •••• | •••• | - | Bhubaneswar, Orissa, India |
| Grideasy Engineering and Consultancy Services Private Limited | •••• | •••• | •••• | •••• | - | Una, Himachal Pradesh, India |
| Greenosys Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Chamba, Uttarakhand, India |
| K. R. D. Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Garhi Harsaru, Haryana, India |
| Accureenergy Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Chaitan Solar Developers Private Limited this company | •••• | •••• | •••• | •••• | - | Narsinghpur, Madhya Pradesh, India |
| Necopt Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
| Arcenol Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Vadodara, Gujarat, India |
| JPM Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Ats Banashree Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Mohali, Punjab, India |
| MJ Solar Factory Renewable Energy Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ernakulam, Kerala, India |
Peers are the five companies nearest above and the five nearest below Chaitan Solar Developers by revenue in the Cleantech industry (Energy Solutions), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Board of Directors of Chaitan Solar Developers Private Limited
Chaitan Solar Developers has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Paliwal | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
| Srishti Paliwal | Director | 01 Dec 2020 | 5 Years 10 Months | Current |
Ownership and Shareholding of Chaitan Solar Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Chaitan Solar Developers Private Limited
Chaitan Solar Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Chaitan Solar Developers Private Limited
Chaitan Solar Developers Private Limited has a workforce of 0 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Chaitan Solar Developers Private Limited
Chaitan Solar Developers Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Rahul Paliwal was appointed as Director on 01 Dec 2020.
Credit Ratings, Litigation & Regulatory Alerts for Chaitan Solar Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Chaitan Solar Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chaitan Solar Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chaitan Solar Developers Private Limited
Chaitan Solar Developers has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAJCC1436A1ZD | Madhya Pradesh | Active | 06 Sep 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chaitan Solar Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chaitan Solar Developers Private Limited
Chaitan Solar Developers is an active private limited company based in Narsinghpur, Madhya Pradesh, India. The company works in electric power generation, within the energy industry. It was incorporated on 01 December 2020 (6+ years old) and is registered under CIN U40105MP2020PTC053941.
Chaitan Solar Developers reported revenue of ₹25.83 Lakh for FY 2025 (down 42% YoY).
Chaitan Solar Developers has 2 current directors:
- Rahul Paliwal - Director
- Srishti Paliwal - Director
Chaitan Solar Developers reported a net profit of ₹3.16 Lakh (net margin 12.2%) and EBITDA of ₹3.16 Lakh (EBITDA margin 12.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chaitan Solar Developers is 262% over three years. In the latest year (FY 2025) revenue fell 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chaitan Solar Developers is 23AAJCC1436A1ZD, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Chaitan Solar Developers is U40105MP2020PTC053941. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chaitan Solar Developers was incorporated on 01 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Chaitan Solar Developers by revenue are Odisha Energy Distribution and Construction Private Limited, Grideasy Engineering and Consultancy Services Private Limited, Greenosys Energy Solutions Private Limited, K. R. D. Energy Solutions Private Limited, Accureenergy Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
Rahul Paliwal was appointed as Director on 01 Dec 2020. Srishti Paliwal was appointed as Director on 01 Dec 2020.
Yes, Chaitan Solar Developers is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).