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About Conergy Energy Systems (India) Private Limited
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Conergy Energy Systems (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Canada Power Project Promoters Inc. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 20 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U04010KA2005FTC036807. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹80 Cr and a paid-up capital of ₹47.33 Cr. It was formerly known as Suntechnics Energy Systems Private Limited. It is led by directors Srinivasan Ramamoorthy Chandilya and Ramar Narendran.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at No.660/1 100 Feet Road Indira Nagar Bangalore., Karnataka, India – 560038.
As per the financials filed for FY 2016, the company reported a revenue of ₹6.95 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹1.99 Cr (net margin 28.7%) and EBITDA of ₹3.15 Cr (EBITDA margin 45.3%).
The company is associated with 1 brand: ConEnergy. As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹36.95 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website conergy.com.
Company details
CIN history
Conergy Energy Systems (India) has one previous CIN (Corporate Identification Number): U04010KA2005PTC036807. The current CIN is U04010KA2005FTC036807, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U04010KA2005FTC036807 | Current |
| U04010KA2005PTC036807 | Previous |
Contact details
Conergy Energy Systems (India) Private Limited's registered office is in Bangalore, Karnataka. Its website is conergy.com.
- Website
- Registered AddressNo.660/1 100 Feet Road Indira Nagar Bangalore., Karnataka, India – 560038
- 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
Brands
Conergy Energy Systems (India) operates one associated brand: ConEnergy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar projects are developed, financed, and maintained globally. | conergy.com |
Business activity
The main business activity of Conergy Energy Systems (India) 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 Conergy Energy Systems (India) Private Limited, buy the company report.
Financials of Conergy Energy Systems (India) Private Limited
FY 2016 filings availableConergy Energy Systems (India) Private Limited reported revenue of ₹6.95 Cr (up 68% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 68% in the latest year. EBITDA rose 317% 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 | ₹6.95 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹3.15 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.99 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 45.3% | |
| Net Profit Margin | 28.7% | |
| 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 Conergy Energy Systems (India) Private Limited, buy the company report.
Board of directors of Conergy Energy Systems (India) Private Limited
Conergy Energy Systems (India) has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Srinivasan Ramamoorthy Chandilya | Additional Director | 17 Jan 2014 | 12 Years 9 Months | Current |
| Ramar Narendran Also directs: VVN Energy Private Limited | Additional Director | 12 Oct 2016 | 10 Years 0 Months | Current |
Peer comparison
Conergy Energy Systems (India) Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Yokins Instruments Private Limited | ₹6.98 Cr (FY 2024) | -23.0% | Delhi, India | |||
| Speedage Engineers (India) Private Limited | ₹6.97 Cr (FY 2025) | 13.0% | Mumbai, Maharashtra, India | |||
| Step-Up Electricals Private Limited | ₹6.96 Cr (FY 2024) | 35.0% | Pune, Maharashtra, India | |||
| Conergy Energy Systems (India) Private Limitedthis company | ₹6.95 Cr (FY 2016) | ₹1.99 Cr | 28.7% | 68.0% | Bangalore, Karnataka, India | |
| Sirio India Inductive Components Private Limited | ₹6.95 Cr (FY 2024) | -28.0% | Delhi, India | |||
| PSR Power Controls Private Limited | ₹6.94 Cr (FY 2024) | -23.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Conergy Energy Systems (India) Private Limited, buy the company report.
Auditor
Conergy Energy Systems (India) Private Limited is audited by R BUPATHY & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R BUPATHY & CO | FY 2016 | 000525S |
Shareholding
The shareholding of Conergy Energy Systems (India) Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Conergy Energy Systems (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 May 2011 | 10298224 | Tata Capital Limited | ₹6 Cr | Open | |
| 31 Aug 2009 | 10177109 | State Bank of India | ₹49 Cr | Open | |
| 11 Jul 2008 | 10110498 | 3I Infotech Trusteeship Services Limited | ₹14.8 Cr | Satisfied | |
| 24 Jul 2007 | 10060340 | Icici Bank Limited | ₹18.4 Cr | Satisfied | |
| 22 Aug 2006 | 10020839 | Canara Bank | ₹3.75 Cr | Satisfied |
To see the full charge records of Conergy Energy Systems (India) Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Conergy Energy Systems (India) Private Limited has 8 court cases on record: 5 filed by Conergy Energy Systems (India), 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 1 | 0 |
| District courts | 3 | 2 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Appeal | Filed against the company by Conergy Renewable Energy Private Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Criminal miscellaneous application | Filed by the company | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Chennai, Tamil Nadu | Criminal complaint | Filed against the company by an individual | Disposed |
| High Court, Assam | Writ petition | Filed by the company against The State of Assamand 4 Ors and 4 others | Disposed |
To see the full case history of Conergy Energy Systems (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Conergy Energy Systems (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Conergy Energy Systems (India) has 3 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 Conergy Energy Systems (India) Private Limited, buy the company report.
Recent activity
Conergy Energy Systems (India) Private Limited has 10 board changes on record since 2007: 2 appointments and 8 cessations. The latest: Rajkumar ceased to be Additional Director on 12 Oct 2016.
10 earlier events are in the company report.
Frequently asked questions
Conergy Energy Systems (India) is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 20 July 2005 (21+ years old) and is registered under CIN U04010KA2005FTC036807.
Conergy Energy Systems (India) has 2 current directors:
- Srinivasan Ramamoorthy Chandilya - Additional Director
- Ramar Narendran - Additional Director
The latest financial statements of Conergy Energy Systems (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Conergy Energy Systems (India) has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Conergy Energy Systems (India) is U04010KA2005FTC036807. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Conergy Energy Systems (India) has 8 court cases on record: 5 filed by the company and 3 filed against it. Most are in the high courts.
Conergy Energy Systems (India) was incorporated on 20 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Conergy Energy Systems (India) by revenue are Yokins Instruments Private Limited, Speedage Engineers (India) Private Limited, Step-Up Electricals Private Limited, Sirio India Inductive Components Private Limited, PSR Power Controls 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).
Rajkumar ceased to be Additional Director on 12 Oct 2016. Ramar Narendran was appointed as Additional Director on 12 Oct 2016. Srinivasan Ramamoorthy Chandilya was appointed as Additional Director on 17 Jan 2014. Conergy Energy Systems (India) has 10 board changes on record in total.
Conergy Energy Systems (India) can be reached through the website conergy.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Conergy Energy Systems (India) is at No.6601 100 Feet Road Indira Nagar Bangalore., Karnataka, India – 560038.
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