About Devidayal Solar Solutions Private Limited
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Devidayal Solar Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 07 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2015PTC264094. Its GSTIN is 27AAFCD3335D1Z0 (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7.3 Cr and a paid-up capital of ₹6.7 Cr. It is led by directors Tushar Prem Devidayal and Alok Gupta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.56 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹63.36 Lakh (net margin -17.8%) and EBITDA of -₹39.67 Lakh (EBITDA margin -11.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 11% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Devidayal Solar Solutions. As per MCA filings, the company has open charges of ₹1.6 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ddsolar.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressOffice 42 4th Floor Nariman Bhavan Premises Co Plot No.227 Backbay Reclamation Nariman, Point, Mumbai, Maharashtra, India – 400021
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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
Associated Brands with Devidayal Solar Solutions Private Limited
Devidayal Solar Solutions operates one associated brand: Devidayal Solar Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar powered products are manufactured in Mumbai, India. | ddsolar.in |
Competitors & Alternatives of Devidayal Solar Solutions Private Limited
Brands and companies operating in the same space as Devidayal Solar Solutions Private Limited include Servoteh, Borosil Renewables, SuKam Solar and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Servoteh | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | Delhi, India | 2004 |
 Borosil Renewables | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | Mumbai, India | 1962 |
 SuKam Solar | Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | Gurugram, India | 1998 |
 Gautam Solar | Manufactures solar modules and power plants with high-efficiency technology in India. | Delhi, India | 1997 |
 Nessa | Offers solar consumer goods | Ahmedabad, India | 2008 |
 HVR Solar | Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | Delhi, India | 2016 |
 Ksolare Energy | Manufactures solar inverters and EV chargers for renewable energy solutions. | Pune, India | 2012 |
 KOSOL Energie | Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. | Ahmedabad, India | 2005 |
 Dhash PV | Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | Bengaluru, India | 2017 |
Business Activity of Devidayal Solar Solutions Private Limited
The main business activity of Devidayal Solar Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Devidayal Solar Solutions Private Limited
Devidayal Solar Solutions Private Limited is audited by T LAKDAWALA & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T LAKDAWALA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Devidayal Solar Solutions Private Limited
Devidayal Solar Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tushar Prem Devidayal Also directs: Meero Digital Labs Private Limited | Director | 07 May 2015 | 11 Years 4 Months | Current |
| Alok Gupta Also directs: Meero Digital Labs Private Limited | Director | 20 Jul 2022 | 4 Years 2 Months | Current |
Financials of Devidayal Solar Solutions Private Limited FY 2025 filings available
Devidayal Solar Solutions Private Limited reported revenue of ₹3.56 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Devidayal Solar Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 36% growth in the latest year. EBITDA rose 75% 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 Devidayal Solar Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹39.67 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63.36 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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| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Devidayal Solar Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Devidayal Solar Solutions are in the company report.
Financial statements from FY 2016
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.
Ownership and Shareholding of Devidayal Solar Solutions 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 Devidayal Solar Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Mar 2018 | Others | ₹1.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Devidayal Solar Solutions Private Limited
Devidayal Solar Solutions Private Limited has a workforce of 13 employees as of Apr 02, 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.
GST Compliance of Devidayal Solar Solutions Private Limited
Devidayal Solar Solutions has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCD3335D1Z0 | Maharashtra | Active | 01 Jul 2017 |
| 09AAFCD3335D1ZY | Uttar Pradesh | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Devidayal Solar Solutions 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 Devidayal Solar Solutions 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 Devidayal Solar Solutions 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.
MCA Filings & Documents of Devidayal Solar Solutions 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.
Recent Activity on Devidayal Solar Solutions Private Limited
Frequently Asked Questions about Devidayal Solar Solutions Private Limited
Devidayal Solar Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 07 May 2015 (11+ years old) and is registered under CIN U74999MH2015PTC264094.
Devidayal Solar Solutions reported revenue of ₹3.56 Cr for FY 2025 (up 36% YoY).
Devidayal Solar Solutions has 2 current directors:
- Tushar Prem Devidayal - Director
- Alok Gupta - Director
Devidayal Solar Solutions reported a net loss of ₹63.36 Lakh (net margin -17.8%) and EBITDA of -₹39.67 Lakh (EBITDA margin -11.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Devidayal Solar Solutions is 5% over three years and 11% over five years. In the latest year (FY 2025) revenue rose 36%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Devidayal Solar Solutions is 27AAFCD3335D1Z0, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 09AAFCD3335D1ZY (Uttar Pradesh).
The CIN (Corporate Identification Number) of Devidayal Solar Solutions is U74999MH2015PTC264094. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Devidayal Solar Solutions was incorporated on 07 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Devidayal Solar Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).