- Category
- Micro (2023-24)
- Udyam number
- UDYAM-CH-01-0010579

Earth Solar Private Limited
About Earth Solar Private Limited
Data last updated:
Earth Solar Private Limited is a private limited company based in Chandigarh, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 22 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40106CH2013PTC034451. Its GSTIN is 03AADCE3448E1Z3 (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹18.03 Cr and a paid-up capital of ₹18.02 Cr. It is led by directors Undis Vatvedt Singh and Gagandeep Singh Lakhmna.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H. N O. 1018 Sector 36 C, Chandigarh, India – 160036.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.45 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹17.95 Lakh (net margin -5.2%) and EBITDA of ₹1.95 Cr (EBITDA margin 56.5%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹19 Cr and satisfied charges of ₹1.6 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 6 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹8.05 Cr; the latest was in September 2018. Its 4 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 3 smaller; the largest is Ganco Energy (India) Private Limited with revenue of ₹3.48 Cr.
Earth Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0010579). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Earth Solar
Contact details
Earth Solar Private Limited's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH. N O. 1018 Sector 36 C, Chandigarh, India – 160036
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Earth Solar Private Limited, buy the company report.
- 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
Business activity
The main business activity of Earth Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Earth Solar Private Limited, buy the company report.
Financials of Earth Solar Private Limited
FY 2024 filings availableEarth Solar Private Limited reported revenue of ₹3.45 Cr (up 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA fell 15% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.95 Cr | ||||
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| Net Profit (PAT) | -₹17.95 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 56.5% | ||||
| Net Profit Margin | -5.2% | ||||
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To see the full financial statements and ratios of Earth Solar Private Limited, buy the company report.
Board of directors and KMP of Earth Solar Private Limited
Earth Solar Private Limited currently reports 2 directors and 1 key managerial person. 5 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Undis Vatvedt Singh Also directs: Sunpreme Grid Dynamics Private Limited | Director | 21 Jan 2014 | 12 Years 9 Months | Current |
| Dhruv Swami | Company Secretary | 01 Apr 2023 | 3 Years 6 Months | Current |
| Gagandeep Singh Lakhmna Also directs: Lakhmna Fashion and Retails Private Limited | Director | 17 May 2013 | 13 Years 5 Months | Current |
Peer comparison
Earth Solar Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ganco Energy (India) Private Limited | ₹3.48 Cr (FY 2020) | -25.0% | Visakhapatnam, Andhra Pradesh, India | |||
| Earth Solar Private Limitedthis company | ₹3.45 Cr (FY 2025) | -₹17.95 Lakh | -5.2% | 11.0% | Chandigarh, India | |
| Saleems Energy Private Limited | ₹3.45 Cr (FY 2025) | -7.0% | Udupi, Karnataka, India | |||
| Abundant Energy Private Limited | ₹3.44 Cr (FY 2023) | 2.0% | Amritsar, Punjab, India | |||
| SRL Green and Clean Power Private Limited | ₹3.42 Cr (FY 2024) | 1.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Earth Solar Private Limited, buy the company report.
Auditor
Earth Solar Private Limited is audited by SANJAY ARORA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY ARORA & ASSOCIATES | FY 2023 | 008445N |
Shareholding
The shareholding of Earth Solar 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Earth Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2015 | 10546659 | State Bank of India | ₹19 Cr | Open | |
| 21 Aug 2013 | 10449327 | Oriental Bank of Commerce | ₹1.6 Cr | Satisfied |
To see the full charge records of Earth Solar Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Earth Solar Private Limited has 6 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹8.05 Cr; the latest was in September 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Gds Consulting Llc, an individual Seller: 1400 5th Street Llc |
| Jun 2014 | Rights issue | ₹11.3 Cr | Investors: 1400 5th Street Llc, 2 individuals Seller: an individual |
| May 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2014 | Acquisition | ₹4.1 Cr | Buyer: an individual Seller: an individual |
To see the full deal history of Earth Solar Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Earth Solar Private Limited has 3 court cases on record: 2 filed by Earth Solar, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Court case (CS CJ) | Filed against the company by M/S Hartek Power P Ltd | Pending |
| Supreme Court | Court case (1010-Company Law, Mrtp, Trai, Sebi, Idrai & Rbi : Matters pertaining to TRAI / SEBI / IDRAI and RBI including Appeals U/S 18 of TRAI Act, Indian Electricity Act, 1910 and 2003, Electricity Supply Act, 1948 and Electricity Reforms Commission Act, 1998) | Filed by the company against Punjab State Power Corporation Ltd Through Its Secretary the Mall ,Patiala , Punjab and 2 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against Telangana State Central Power Distribution Company Limited, and 2 others | Disposed |
To see the full case history of Earth Solar 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 Earth Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Earth Solar has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCE3448E1Z3 | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Earth Solar Private Limited, buy the company report.
Recent activity
Earth Solar Private Limited has 7 board changes on record since 2013: 3 appointments and 4 cessations. The latest: Dhruv Swami was appointed as Company Secretary on 01 Apr 2023.
1 earlier event is in the company report.
Frequently asked questions
Earth Solar is an active private limited company based in Chandigarh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 22 April 2013 (13+ years old) and is registered under CIN U40106CH2013PTC034451.
Earth Solar has 3 current directors and KMP:
- Undis Vatvedt Singh - Director
- Gagandeep Singh Lakhmna - Director
- Dhruv Swami - Company Secretary
The latest financial statements of Earth Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Earth Solar is 03AADCE3448E1Z3, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Earth Solar is U40106CH2013PTC034451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Earth Solar has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Earth Solar was incorporated on 22 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chandigarh.
Earth Solar has 6 deals on record (3 secondary share transfers, 1 funding round, 1 rights issue), with disclosed funding of ₹8.05 Cr; the latest was in September 2018.
The peers of Earth Solar by revenue are Ganco Energy (India) Private Limited, Saleems Energy Private Limited, Abundant Energy Private Limited, SRL Green and Clean Power Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Dhruv Swami was appointed as Company Secretary on 01 Apr 2023. Dhruv Swami ceased to be Company Secretary on 25 Sep 2022. Multan Singh Kadian ceased to be Company Secretary on 31 Oct 2020. Earth Solar has 7 board changes on record in total.
Yes, Earth Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-CH-01-0010579).