About Evergreen Solar Systems India Private Limited
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Evergreen Solar Systems India Private Limited is a private limited company based in Tirupur, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 31 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U40106TZ2009PTC015445. Its GSTIN is 33AACCE2418H1Z3 (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Shanmugamchettiar Krishnakumar (Managing Director) and Gopal Damodaran Gopalakrishnan (Managing Director).
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 483 Kamaraj Road, Tirupur, Tamil Nadu, India – 641604.
As per the financials filed for FY 2025, the company reported a revenue of ₹69,225, a growth of 5% compared to the previous year. For the same year it recorded a net loss of ₹54.94 Lakh and EBITDA of -₹91,035 (EBITDA margin -131.5%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 67% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Evergreen Solar Systems and Sulochana. As per MCA filings, the company has satisfied charges of ₹7.95 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 sulochanamills.in.
Company details
Contact details
Evergreen Solar Systems India Private Limited's registered office is in Tirupur, Tamil Nadu. Its website is sulochanamills.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address483 Kamaraj Road, Tirupur, Tamil Nadu, India – 641604
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Evergreen Solar Systems India 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
Brands
Evergreen Solar Systems India operates two associated brands: Evergreen Solar Systems and Sulochana. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Evergreen Solar Systems produces reliable solar PV modules for sustainable energy solutions. | evergreensolar.in | |
| Sustainable yarn and textile manufacturing in India. | sulochanamills.in |
Financials of Evergreen Solar Systems India Private Limited
FY 2024 filings availableEvergreen Solar Systems India Private Limited reported revenue of ₹69,225 (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 67%. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹91,035 | ||||
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| Net Profit (PAT) | -₹54.94 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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| EBITDA Margin | -131.5% | ||||
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To see the full financial statements and ratios of Evergreen Solar Systems India Private Limited, buy the company report.
Board of directors of Evergreen Solar Systems India Private Limited
Evergreen Solar Systems India has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnakumar Kaushikmurugan | Director | 31 Aug 2009 | 17 Years 2 Months | Current |
| Shanmugamchettiar Krishnakumar | Managing Director | 31 Aug 2009 | 17 Years 2 Months | Current |
| Gopal Damodaran Gopalakrishnan Also directs: Sulochana Cotton Spinning Mills Private Limited | Managing Director | 04 Sep 2009 | 17 Years 2 Months | Current |
| Krishnakumar Asha | Director | 31 Aug 2009 | 17 Years 2 Months | Current |
Auditor
Evergreen Solar Systems India Private Limited is audited by P.S.KRISHNAN & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.S.KRISHNAN & CO | FY 2023 | 001532S |
Shareholding
The shareholding of Evergreen Solar Systems India 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Evergreen Solar Systems India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2010 | 10226220 | Indian Bank | ₹7.95 Cr | Satisfied |
To see the full charge records of Evergreen Solar Systems India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Evergreen Solar Systems India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Evergreen Solar Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Evergreen Solar Systems India Private Limited has a workforce of 5 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Evergreen Solar Systems India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCE2418H1Z3 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Evergreen Solar Systems India Private Limited, buy the company report.
Recent activity
Evergreen Solar Systems India Private Limited has 5 board changes on record since 2009: 4 appointments and 1 cessation. The latest: Gopal Damodaran Gopalakrishnan ceased to be Additional Director on 07 Sep 2009.
Frequently asked questions
Evergreen Solar Systems India is an active private limited company based in Tirupur, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 31 August 2009 (17+ years old) and is registered under CIN U40106TZ2009PTC015445.
Evergreen Solar Systems India has 4 current directors:
- Shanmugamchettiar Krishnakumar - Managing Director
- Gopal Damodaran Gopalakrishnan - Managing Director
- Krishnakumar Kaushikmurugan - Director
- Krishnakumar Asha - Director
The latest financial statements of Evergreen Solar Systems India 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 Evergreen Solar Systems India is 33AACCE2418H1Z3, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Evergreen Solar Systems India is U40106TZ2009PTC015445. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Evergreen Solar Systems India was incorporated on 31 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Coimbatore.
Gopal Damodaran Gopalakrishnan ceased to be Additional Director on 07 Sep 2009. Gopal Damodaran Gopalakrishnan was appointed as Managing Director on 04 Sep 2009. Krishnakumar Asha was appointed as Director on 31 Aug 2009. Evergreen Solar Systems India has 5 board changes on record in total.
Evergreen Solar Systems India can be reached through the website sulochanamills.in. Its registered office is in Tirupur, Tamil Nadu, India.
The registered office of Evergreen Solar Systems India is at 483 Kamaraj Road, Tirupur, Tamil Nadu, India – 641604.
Evergreen Solar Systems India operates in the energy and power industry, in the power equipment manufacturers segment.
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