Deshmukh Solar Energy Private Limited

Deshmukh Solar Energy Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. FY 2026 financials & compliance.
CIN U40103MH2010PTC199322 Incorporated 25 January 2010 ROC Mumbai HQ Nashik, Maharashtra, India
Active Private Limited Company consumer electronics and durables MSME · Small
Data last updated
Revenue · FY 2023
₹12.14 Cr
▲ 17% YoY
Net profit · FY 2023
₹5.67 Lakh
Net margin 0.5%
EBITDA · FY 2023
₹1.07 Cr
EBITDA margin 8.8%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹99.5 Lakh
Issued & subscribed
Open charges
₹10.54 Cr
Satisfied ₹17.61 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
9
Provident fund records

About Deshmukh Solar Energy Private Limited

Data last updated:

Deshmukh Solar Energy Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 25 January 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40103MH2010PTC199322. Its GSTIN is 27AADCD3330J1ZU (Maharashtra).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹99.5 Lakh. It is led by directors including Sampatrao Narayanrao Deshmukh and Pratik Sampatrao Deshmukh.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Gat No 104 Opp Adgaon Substation Vinchur Gawali Road Vinchur Gawali, Nashik, Maharashtra, India – 422101.

As per the financials filed for FY 2023, the company reported a revenue of ₹12.14 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹5.67 Lakh (net margin 0.5%) and EBITDA of ₹1.07 Cr (EBITDA margin 8.8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.

The company has about 9 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.54 Cr and satisfied charges of ₹17.61 Cr on record. Court records list 9 cases involving the company, including 1 filed by the company and 8 filed against it; 6 cases are pending.

Deshmukh Solar Energy Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0011847). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deshmukhsolar.co.in.

Company details

CIN U40103MH2010PTC199322
Registration Number 199322
Incorporation Date 25 January 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-23-0011847

Recognitions & Rankings of Deshmukh Solar Energy

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-23-0011847

Contact details

Deshmukh Solar Energy Private Limited's registered office is in Nashik, Maharashtra. Its website is deshmukhsolar.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Gat No 104 Opp Adgaon Substation Vinchur Gawali Road Vinchur Gawali, Nashik, Maharashtra, India – 422101
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Deshmukh Solar Energy Private Limited, buy the company report.

Comprehensive company report
Deshmukh Solar Energy Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Deshmukh Solar Energy is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Deshmukh Solar Energy Private Limited, buy the company report.

Financials of Deshmukh Solar Energy Private Limited

FY 2023 filings available

Deshmukh Solar Energy Private Limited reported revenue of ₹12.14 Cr (up 17% YoY) for FY 2023.

Revenue · FY 2023
₹12.14 Cr ▲ 17%
Net profit · FY 2023
₹5.67 Lakh margin 0.5%
EBITDA · FY 2023
₹1.07 Cr margin 8.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▼ 1%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 3%
5 years · compounded
▼ 5%

Revenue rose 17% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA fell 6% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹12.14 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹1.07 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.67 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin8.8%
Net Profit Margin0.5%
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 Deshmukh Solar Energy Private Limited, buy the company report.

Board of directors of Deshmukh Solar Energy Private Limited

Deshmukh Solar Energy has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sampatrao Narayanrao DeshmukhDirector15 Feb 201016 Years 8 MonthsCurrent
Pratik Sampatrao DeshmukhDirector25 Jan 201016 Years 9 MonthsCurrent
Prajakt Sampatrao DeshmukhDirector23 Aug 201016 Years 2 MonthsCurrent

Auditor

Deshmukh Solar Energy Private Limited is audited by SWAPNIL CHAVAN & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
SWAPNIL CHAVAN & COFY 2023140445W

Shareholding

The shareholding of Deshmukh Solar Energy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Deshmukh Solar Energy Private Limited, buy the company report.

Charges & borrowings

Open charges
₹10.54 Cr
Satisfied charges
₹17.61 Cr
Breakdown by lending institutions
Bank of India₹10.54 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
30 May 2024100936964Bank of India₹6.4 CrOpen
30 May 2024100936972Bank of India₹50.04 LakhOpen
30 May 2024100936983Bank of India₹3.5 CrOpen
30 May 2024100937012Bank of India₹13.6 LakhOpen
17 Aug 2023100790244Others₹23 LakhSatisfied

To see the full charge records of Deshmukh Solar Energy Private Limited, buy the company report.

Total charge records: 8 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Deshmukh Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Deshmukh Solar Energy Private Limited has a workforce of 9 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.

Employee count
9
Active EPFO establishments
1
Employee growth
-25%

GST

Deshmukh Solar Energy has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AADCD3330J1ZUMaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Deshmukh Solar Energy Private Limited, buy the company report.

Recent activity

Deshmukh Solar Energy Private Limited has 4 board changes on record since 2010: 3 appointments and 1 cessation. The latest: Jitendra Lokhande ceased to be Director on 19 Aug 2021.

Charges
A charge with Bank Of India of Rs. 6.40 Cr registered on 30 May 2024 with Charge ID 100936964 was modified on 24 Jun 2024.
Charges
A charge with Bank Of India of Rs. 0.50 Cr registered on 30 May 2024 with Charge ID 100936972 was modified on 24 Jun 2024.
Charges
A charge with Bank Of India of Rs. 3.50 Cr registered on 30 May 2024 with Charge ID 100936983 was modified on 24 Jun 2024.
Charges
A charge with Bank Of India of Rs. 0.14 Cr registered on 30 May 2024 with Charge ID 100937012 was modified on 24 Jun 2024.
Charges
A charge registered on 10 Nov 2016 via Charge ID 100061768 with Axis Bank Limited was fully satisfied on 20 Jun 2024.
Charges
A charge with Bank Of India amounted to Rs. 6.40 Cr with Charge ID 100936964 was registered on 30 May 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.50 Cr with Charge ID 100936972 was registered on 30 May 2024.
Charges
A charge with Bank Of India amounted to Rs. 3.50 Cr with Charge ID 100936983 was registered on 30 May 2024.
Charges
A charge with Bank Of India amounted to Rs. 0.14 Cr with Charge ID 100937012 was registered on 30 May 2024.
Charges
A charge registered on 17 Aug 2023 via Charge ID 100790244 with Others was fully satisfied on 09 May 2024.
AGM
Deshmukh Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.23 Cr with Charge ID 100790244 was registered on 17 Aug 2023.

12 earlier events are in the company report.

Frequently asked questions

Deshmukh Solar Energy is an active private limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 25 January 2010 (16+ years old) and is registered under CIN U40103MH2010PTC199322.

Deshmukh Solar Energy has 3 current directors:

The latest financial statements of Deshmukh Solar Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Deshmukh Solar Energy is 27AADCD3330J1ZU, registered in Maharashtra.

The CIN (Corporate Identification Number) of Deshmukh Solar Energy is U40103MH2010PTC199322. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Deshmukh Solar Energy has 9 court cases on record: 1 filed by the company and 8 filed against it. 6 are pending.

Deshmukh Solar Energy was incorporated on 25 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.

Jitendra Lokhande ceased to be Director on 19 Aug 2021. Prajakt Sampatrao Deshmukh was appointed as Director on 23 Aug 2010. Sampatrao Narayanrao Deshmukh was appointed as Director on 15 Feb 2010. Deshmukh Solar Energy has 4 board changes on record in total.

Yes, Deshmukh Solar Energy is registered as a small enterprise under Udyam registration (number: UDYAM-MH-23-0011847).

Deshmukh Solar Energy can be reached through the website deshmukhsolar.co.in. Its registered office is in Nashik, Maharashtra, India.