Devottam Solar Systems Private Limited

Devottam Solar Systems Private Limited - environment in Bareilly, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U74999UP2017PTC095211 Incorporated 20 July 2017 ROC Uttar Pradesh HQ Bareilly, Uttar Pradesh, India
Active Private Limited Company environment DPIIT Startup
Data last updated
Revenue · FY 2023
₹56.96 Lakh
▲ 635% YoY
Net profit · FY 2023
₹4.2 Lakh
Net margin 7.4%
EBITDA · FY 2023
₹4.58 Lakh
EBITDA margin 8%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Devottam Solar Systems Private Limited

Data last updated:

Devottam Solar Systems Private Limited is a private limited company based in Bareilly, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 July 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U74999UP2017PTC095211. Its GSTIN is 09AAGCD2736D1ZU (Uttar Pradesh).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prem Prakash Gangwar and Chand Mian.

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 5 – Dwarkesh Near Perfect Marble, Bareilly, Uttar Pradesh, India – 243001.

As per the financials filed for FY 2023, the company reported a revenue of ₹56.96 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹4.2 Lakh (net margin 7.4%) and EBITDA of ₹4.58 Lakh (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 40% over five years.

The company is associated with 1 brand: Devottam Solar System.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website devottamsolar.com.

Company details

CIN U74999UP2017PTC095211
Registration Number 095211
Incorporation Date 20 July 2017
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup

Recognitions & Rankings of Devottam Solar Systems

DPIIT recognised startup Government of India
Startup India

Contact details

Devottam Solar Systems Private Limited's registered office is in Bareilly, Uttar Pradesh. Its website is devottamsolar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    5 – Dwarkesh Near Perfect Marble, Bareilly, Uttar Pradesh, India – 243001
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Devottam Solar Systems Private Limited, buy the company report.

Comprehensive company report
Devottam Solar Systems 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Devottam Solar Systems operates one associated brand: Devottam Solar System. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive solar EPC services for projects.devottamsolar.com

Business activity

The main business activity of Devottam Solar Systems is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

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

Financials of Devottam Solar Systems Private Limited

FY 2023 filings available

Devottam Solar Systems Private Limited reported revenue of ₹56.96 Lakh (up 635% YoY) for FY 2023.

Revenue · FY 2023
₹56.96 Lakh ▲ 635%
Net profit · FY 2023
₹4.2 Lakh margin 7.4%
EBITDA · FY 2023
₹4.58 Lakh margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 635%
3 years · compounded
▼ 17%
5 years · compounded
▲ 40%
EBITDA CAGR growth
1 year
▲ 286%
3 years · compounded
▲ 22%
5 years · compounded
▲ 31%

Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 635% growth in the latest year. EBITDA rose 286% 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
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹4.58 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.2 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%
Net Profit Margin7.4%
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 Devottam Solar Systems Private Limited, buy the company report.

Board of directors of Devottam Solar Systems Private Limited

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

Current Directors
NameDesignationAppointment DateTenureStatus
Prem Prakash GangwarDirector20 Jul 20179 Years 3 MonthsCurrent
Chand MianDirector25 Feb 20206 Years 7 MonthsCurrent
Hemlata GangwarAdditional Director30 Aug 20179 Years 1 MonthsCurrent

Auditor

Devottam Solar Systems Private Limited is audited by S A R V & COMPANY for the financial year 2019.

Auditor firmFinancial yearFirm registration number
S A R V & COMPANYFY 2019018890C

Shareholding

The shareholding of Devottam Solar Systems Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2019
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Devottam Solar Systems Private Limited, buy the company report.

MSME payment delays

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

GST

Devottam Solar Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAGCD2736D1ZUUttar PradeshActive09 Aug 2017

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

Recent activity

Devottam Solar Systems Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Chand Mian was appointed as Director on 25 Feb 2020.

AGM
Devottam Solar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Devottam Solar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Uttar Pradesh I.
Appointed
Chand Mian was appointed as Director.
Appointed
Hemlata Gangwar was appointed as Additional Director.
Ceased
Sunil Kumar Srivastava ceased to be Director.
Appointed
Prem Prakash Gangwar was appointed as Director.
Incorporation
20 Jul 2017
Devottam Solar Systems Private Limited was registered on 20 Jul 2017 with Roc Uttar Pradesh I & aged 9 years 3 months as per MCA records.

Frequently asked questions

Devottam Solar Systems is an active private limited company based in Bareilly, Uttar Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 20 July 2017 (9+ years old) and is registered under CIN U74999UP2017PTC095211.

Devottam Solar Systems has 3 current directors:

The latest financial statements of Devottam Solar Systems 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 FY 2018 are in the company report.

The GSTIN of Devottam Solar Systems is 09AAGCD2736D1ZU, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Devottam Solar Systems is U74999UP2017PTC095211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Devottam Solar Systems was incorporated on 20 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Chand Mian was appointed as Director on 25 Feb 2020. Hemlata Gangwar was appointed as Additional Director on 30 Aug 2017. Sunil Kumar Srivastava ceased to be Director on 30 Aug 2017. Devottam Solar Systems has 4 board changes on record in total.

Yes, Devottam Solar Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Devottam Solar Systems can be reached through the website devottamsolar.com. Its registered office is in Bareilly, Uttar Pradesh, India.

The registered office of Devottam Solar Systems is at 5 – Dwarkesh Near Perfect Marble, Bareilly, Uttar Pradesh, India – 243001.