De Solar Plants LLP
About De Solar Plants LLP
Data last updated:
De Solar Plants LLP is a limited liability partnership (LLP) based in Chennai, Tamil Nadu, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 12 September 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Chennai, under LLPIN AAN-2770.
The LLP has a total obligation of contribution of ₹2.41 Cr. It is led by designated partners including Chirag Bhandari and Sudhakar Kadavasal Swaminathan.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at No.1/1 Canal Bank Road Kasturba Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
As per the financials filed for FY 2020, the LLP reported a revenue of ₹68.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.92 Lakh (net margin 19%) and EBITDA of ₹64.73 Lakh (EBITDA margin 95%).
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- Registered AddressNo.1/1 Canal Bank Road Kasturba Nagar Adyar, Chennai, Tamil Nadu, India – 600020
- IndustryEnergy and Power, Power Transmission & Distribution Services
- 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
Financials of De Solar Plants LLP FY 2024 filings available
De Solar Plants LLP reported revenue of ₹68.14 Lakh (up 1267% YoY) for FY 2020.
Financial Statement Summary of De Solar Plants LLP
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Income and Expenditure | ||
| Turnover | •••• | •••• |
| Other Income | •••• | •••• |
| Total Income | ₹68.14 Lakh | •••• |
| Purchases and Direct Costs | •••• | •••• |
| Personnel Expenses | •••• | •••• |
| Administrative Expenses | •••• | •••• |
| Interest | •••• | •••• |
| Depreciation | •••• | •••• |
| Total Expenses | •••• | •••• |
| Profit Before Tax | •••• | •••• |
| Tax | •••• | •••• |
| Profit After Tax | ₹12.92 Lakh | •••• |
| Profit Transferred to Partners | •••• | •••• |
| Assets and Liabilities | ||
| Partners' Contribution | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Secured Loans | •••• | •••• |
| Unsecured Loans | •••• | •••• |
| Trade Payables | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Loans and Advances | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of De Solar Plants LLP
| Statement of Account and Solvency | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| Net Profit Margin | 19% | •••• |
| Return on Partners' Funds | •••• | •••• |
| Return on Assets | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• |
| Interest Coverage | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Turnover Growth | •••• | •••• |
| 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 8. The full year-wise statements and ratios of De Solar Plants are in the company report.
Financial statements from FY 2019
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.
Designated Partners of De Solar Plants LLP
De Solar Plants has 8 current designated partners and 3 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Bhandari Also directs: Zinergo Technology Private Limited | Partner | 04 Dec 2022 | 3 Years 10 Months | Current |
| Sudhakar Kadavasal Swaminathan Also directs: Supra Associates LLP, Swathi Organics & Specialities Private Limited, Sakhi Associates Private Limited and 2 more | Designated Partner | 18 Jun 2020 | 6 Years 3 Months | Current |
| Prabhakar Kadavasal Swaminathan Also directs: Supra Associates LLP, Swathi Organics & Specialities Private Limited, Sakhi Associates Private Limited and 5 more | Designated Partner | 12 Sep 2018 | 8 Years 0 Months | Current |
| Mallikarjun Santhanakrishnan Also directs: PKF Consulting Services LLP, PKF Cerebrus Consulting LLP, Navata Projects LLP and 5 more | Partner | 03 Aug 2020 | 6 Years 2 Months | Current |
| Milaunee Siddhesh Chauhan Also directs: VBMS Ventures LLP | Partner | 03 Aug 2020 | 6 Years 2 Months | Current |
| Sukhdev Santramdas Punjabi | Partner | 03 Aug 2020 | 6 Years 2 Months | Current |
Ownership and Shareholding of De Solar Plants LLP
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 De Solar Plants LLP
De Solar Plants LLP does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at De Solar Plants LLP
Employment history and EPFO contributions of people linked to De Solar Plants.
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 De Solar Plants LLP
De Solar Plants LLP has 11 designated partner changes on record since 2018: 8 appointments and 3 cessations. The latest: Ruchir Sukhdev Punjabi was appointed as Partner on 16 Mar 2023.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for De Solar Plants LLP
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 De Solar Plants LLP
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 De Solar Plants LLP
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 De Solar Plants LLP
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 De Solar Plants LLP
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 De Solar Plants LLP
De Solar Plants is an active limited liability partnership based in Chennai, Tamil Nadu, India. The LLP works in power transmission and distribution services, within the energy and power industry. It was incorporated on 12 September 2018 (8+ years old) and is registered under LLPIN AAN-2770.
De Solar Plants reported revenue of ₹68.14 Lakh for FY 2020 (up 1267% YoY).
De Solar Plants has 8 current designated partners:
- Chirag Bhandari - Partner
- Sudhakar Kadavasal Swaminathan - Designated Partner
- Prabhakar Kadavasal Swaminathan - Designated Partner
- Mallikarjun Santhanakrishnan - Partner
- Milaunee Siddhesh Chauhan - Partner
- Sukhdev Santramdas Punjabi - Partner
- Ruchir Sukhdev Punjabi - Partner
- Mathew Babu Mazhuvanchery - Partner
De Solar Plants reported a net profit of ₹12.92 Lakh (net margin 19%) and EBITDA of ₹64.73 Lakh (EBITDA margin 95%) for FY 2020, as per its filed financial statements.
The LLPIN (Limited Liability Partnership Identification Number) of De Solar Plants is AAN-2770. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
De Solar Plants was incorporated on 12 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Chennai.
Ruchir Sukhdev Punjabi was appointed as Partner on 16 Mar 2023. Chirag Bhandari was appointed as Partner on 04 Dec 2022. Mallikarjun Santhanakrishnan was appointed as Partner on 03 Aug 2020. De Solar Plants has 11 designated partner changes on record in total.
The registered office of De Solar Plants is at No.11 Canal Bank Road Kasturba Nagar Adyar, Chennai, Tamil Nadu, India – 600020.
The total obligation of contribution is ₹2.41 Cr.
De Solar Plants operates in the energy and power industry, in the power transmission and distribution services segment.