About Claritas Power System Solution Private Limited
Data last updated:
Claritas Power System Solution Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 09 June 2008.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U31200PN2008PTC132192. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹3.42 Lakh. It was led by directors Suresh Govind Deshmukh and Tushar Sureshrao Deshmukh.
Its last annual general meeting (AGM) was held on 23 August 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Harmony House Office No. 10 797/1A Bhandarkar Road, Pune, Maharashtra, India – 411001.
As per the financials filed for FY 2016, the company reported a revenue of ₹36.49 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹13.07 Lakh (net margin -35.8%) and EBITDA of -₹449 (EBITDA margin 0%).
As per MCA filings, the company had open charges of ₹5.35 Cr and satisfied charges of ₹1.5 Cr on record.
The last known website on record is claritasindia.com.
Company details
Contact details
Claritas Power System Solution Private Limited's registered office is in Pune, Maharashtra.
- Registered AddressHarmony House Office No. 10 797/1A Bhandarkar Road, Pune, Maharashtra, India – 411001
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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 Claritas Power System Solution is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Claritas Power System Solution Private Limited, buy the company report.
Financials of Claritas Power System Solution Private Limited
FY 2016 filings availableClaritas Power System Solution Private Limited reported revenue of ₹36.49 Lakh (down 15% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 15% in the latest year. EBITDA fell 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹449 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹13.07 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 0% | |
| Net Profit Margin | -35.8% | |
| 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 Claritas Power System Solution Private Limited, buy the company report.
Board of directors of Claritas Power System Solution Private Limited
Claritas Power System Solution has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Govind Deshmukh Also directs: Clariant Power System Limited | Director | 25 Apr 2014 | 12 Years 6 Months | As last reported |
| Tushar Sureshrao Deshmukh | Director | 09 Jun 2008 | 18 Years 4 Months | As last reported |
Peer comparison
Claritas Power System Solution Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Anjana Electronics Private Limited | ₹36.93 Lakh (FY 2025) | 90.0% | Chennai, Tamil Nadu, India | |||
| Claritas Power System Solution Private Limitedthis company | ₹36.49 Lakh (FY 2016) | -₹13.07 Lakh | -35.8% | -15.0% | Pune, Maharashtra, India | |
| Friends Transformer Private Limited | ₹36.4 Lakh (FY 2020) | -62.0% | Morchana, Rajasthan, India | |||
| Infii Solar Solutions India Private Limited | ₹35.16 Lakh (FY 2017) | 4158.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Claritas Power System Solution Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2015 | 100029947 | Others | ₹3 Cr | Open | |
| 25 Oct 2011 | 10318497 | The Vishweshwar Sahakari Bank Limited | ₹5 Lakh | Open | |
| 17 Feb 2011 | 10271621 | The Vishweshwar Sahakari Bank Limited | ₹1 Cr | Open | |
| 14 Oct 2009 | 10183797 | The Vishweshwar Sahakari Bank Limited. | ₹20 Lakh | Open | |
| 12 Sep 2009 | 10177454 | The Vishweshwar Sahakari Bank Limited. | ₹10 Lakh | Open |
To see the full charge records of Claritas Power System Solution Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving Claritas Power System Solution 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 Claritas Power System Solution Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Claritas Power System Solution has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Claritas Power System Solution Private Limited, buy the company report.
Recent activity
Claritas Power System Solution Private Limited has 4 board changes on record since 2008: 2 appointments and 2 cessations. The latest: Suresh Govind Deshmukh ceased to be Additional Director on 30 Sep 2014.
12 earlier events are in the company report.
Frequently asked questions
Claritas Power System Solution has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Claritas Power System Solution was a private limited company based in Pune, Maharashtra, India. The company worked in power equipment manufacturers, within the energy and power industry. It was incorporated on 09 June 2008 and is registered under CIN U31200PN2008PTC132192. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Claritas Power System Solution was incorporated on 09 June 2008. It is registered with the Registrar of Companies, Pune.
Claritas Power System Solution had 2 directors:
- Suresh Govind Deshmukh - Director
- Tushar Sureshrao Deshmukh - Director
The CIN (Corporate Identification Number) of Claritas Power System Solution is U31200PN2008PTC132192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Claritas Power System Solution is at Harmony House Office No. 10 7971A Bhandarkar Road, Pune, Maharashtra, India – 411001.
Claritas Power System Solution can be reached through the website claritasindia.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Claritas Power System Solution on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 23 August 2016. Year-wise statements from 2015 are in the company report.
No. Claritas Power System Solution has 2 GST registrations on record and all of them are cancelled or inactive.
Claritas Power System Solution operated in the energy and power industry, in the power equipment manufacturers segment.
The peers of Claritas Power System Solution by revenue are Anjana Electronics Private Limited, Friends Transformer Private Limited, Infii Solar Solutions India Private Limited, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).