Elgris Solar Power Systems Private Limited

Elgris Solar Power Systems Private Limited - energy and power in Solapur, Maharashtra, India. FY 2026 financials & compliance.
CIN U31900PN2017PTC173582 Incorporated 27 November 2017 ROC Pune HQ Solapur, Maharashtra, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2024
₹6.96 Cr
▼ 38% YoY
Net profit · FY 2024
₹2.44 Lakh
Net margin 0.4%
EBITDA · FY 2024
₹18.34 Lakh
EBITDA margin 2.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹2.15 Cr
Satisfied ₹60 Lakh
Company age
9 yrs
Est. 2017
Employees · EPFO
11
Provident fund records

About Elgris Solar Power Systems Private Limited

Data last updated:

Elgris Solar Power Systems Private Limited is a private limited company based in Solapur, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 27 November 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31900PN2017PTC173582. Its GSTIN is 27AAECE8591M1ZX (Maharashtra).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Chandan Purushottam Dhoot and Sampatkumar Rajgopal Dhoot.

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 441 West Mangalwar Peth, Solapur, Maharashtra, India – 413002.

As per the financials filed for FY 2024, the company reported a revenue of ₹6.96 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹2.44 Lakh (net margin 0.4%) and EBITDA of ₹18.34 Lakh (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 16% over five years.

The company has about 11 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Elgris Solar Power. As per MCA filings, the company has open charges of ₹2.15 Cr and satisfied charges of ₹60 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 1 deal on record (1 rights issue); the latest was in December 2021. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers.

Elgris Solar Power Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-32-0006006). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website elgrissolarpowersystem.com.

Company details

CIN U31900PN2017PTC173582
Registration Number 173582
Incorporation Date 27 November 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-32-0006006
Key People
Chandan Purushottam Dhoot Director Sampatkumar Rajgopal Dhoot Director

Recognitions & Rankings of Elgris Solar Power Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-32-0006006

Contact details

Elgris Solar Power Systems Private Limited's registered office is in Solapur, Maharashtra. Its website is elgrissolarpowersystem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    elgrissolarpowersystem.com
  • Registered Address
    441 West Mangalwar Peth, Solapur, Maharashtra, India – 413002
  • Industry
    Energy and Power, Power Equipment Manufacturers

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

Comprehensive company report
Elgris Solar Power 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
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Brands

Elgris Solar Power Systems operates one associated brand: Elgris Solar Power. Each brand links to its own profile.

BrandDescriptionWebsite
Elgris Solar Power
Provides on-grid solar rooftop systems with end-to-end services.elgrissolarpower.com

Business activity

The main business activity of Elgris Solar Power 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 Elgris Solar Power Systems Private Limited, buy the company report.

Financials of Elgris Solar Power Systems Private Limited

FY 2025 filings available

Elgris Solar Power Systems Private Limited reported revenue of ₹6.96 Cr (down 38% YoY) for FY 2024.

Revenue · FY 2024
₹6.96 Cr ▼ 38%
Net profit · FY 2024
₹2.44 Lakh margin 0.4%
EBITDA · FY 2024
₹18.34 Lakh margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 38%
3 years · compounded
▲ 12%
5 years · compounded
▲ 16%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 5%
5 years · compounded
▼ 18%

Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 31% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹18.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.44 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.6%
Net Profit Margin0.4%
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 Elgris Solar Power Systems Private Limited, buy the company report.

Board of directors of Elgris Solar Power Systems Private Limited

Elgris Solar Power Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chandan Purushottam DhootDirector27 Nov 20178 Years 11 MonthsCurrent
Sampatkumar Rajgopal DhootDirector27 Nov 20178 Years 11 MonthsCurrent
View all directors

Auditor

Elgris Solar Power Systems Private Limited is audited by C L Baldota & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
C L Baldota & COFY 2022100940W

Shareholding

The shareholding of Elgris Solar Power Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹2.15 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹1.20 Cr
State Bank of India₹0.95 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Nov 2025101195078State Bank of India₹95 LakhOpen
07 Jul 2022100597211Hdfc Bank Limited₹1.2 CrOpen
29 Sep 2020100377801State Bank of India₹60 LakhSatisfied

To see the full charge records of Elgris Solar Power Systems Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Elgris Solar Power Systems Private Limited has 1 deal on record (1 rights issue); the latest was in December 2021.

Total deals
1
Rights issue
1

Deals on record (1 of 1)

WhenDealAmountParties
Dec 2021Rights issue₹9 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Elgris Solar Power Systems Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier

To see the full MSME payment records of Elgris Solar Power Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Elgris Solar Power Systems Private Limited has a workforce of 11 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
11
Active EPFO establishments
1
Employee growth
-47.62%

GST

Elgris Solar Power Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAECE8591M1ZXMaharashtraActive02 Jul 2018

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

Recent activity

Elgris Solar Power Systems Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Ramkisan Anandram Dhoot ceased to be Additional Director on 31 Dec 2018.

Charges
A charge registered on 29 Sep 2020 via Charge ID 100377801 with State Bank Of India was fully satisfied on 18 Dec 2025.
Charges
A charge with State Bank Of India amounted to Rs. 95.00 Lakh with Charge ID 101195078 was registered on 15 Nov 2025.
AGM
Elgris Solar Power Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Elgris Solar Power Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 120.00 Lakh with Charge ID 100597211 was registered on 07 Jul 2022.
Charges
A charge with State Bank Of India amounted to Rs. 60.00 Lakh with Charge ID 100377801 was registered on 29 Sep 2020.
Ceased
Ramkisan Anandram Dhoot ceased to be Additional Director.
Appointed
Chandan Purushottam Dhoot was appointed as Director.
Appointed
Sampatkumar Rajgopal Dhoot was appointed as Director.
Incorporation
27 Nov 2017
Elgris Solar Power Systems Private Limited was registered on 27 Nov 2017 with Roc Pune & aged 8 years 11 months as per MCA records.

Frequently asked questions

Elgris Solar Power Systems is an active private limited company based in Solapur, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 27 November 2017 (9+ years old) and is registered under CIN U31900PN2017PTC173582.

Elgris Solar Power Systems has 2 current directors:

The latest financial statements of Elgris Solar Power Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Elgris Solar Power Systems is 27AAECE8591M1ZX, registered in Maharashtra.

The CIN (Corporate Identification Number) of Elgris Solar Power Systems is U31900PN2017PTC173582. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Elgris Solar Power Systems has 2 court cases on record: 2 filed against it.

Elgris Solar Power Systems was incorporated on 27 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.

Elgris Solar Power Systems has 1 deal on record (1 rights issue); the latest was in December 2021.

Ramkisan Anandram Dhoot ceased to be Additional Director on 31 Dec 2018. Chandan Purushottam Dhoot was appointed as Director on 27 Nov 2017. Sampatkumar Rajgopal Dhoot was appointed as Director on 27 Nov 2017.

Yes, Elgris Solar Power Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-32-0006006).

Elgris Solar Power Systems has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 09 Jun 2019.