About First Solar India Limited
Data last updated:
First Solar India Limited was a public limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electric power generation segment of the energy sector. It was incorporated on 01 April 2010.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40106MH2010PLC201572.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Nikhil Kamalkumar Jalan and Akhil Kamalkumar Jalan.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 52 5th Floor Jalan House Walkeshwar Road, Mumbai, Maharashtra, India – 400006.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.94 Lakh. For the same year it recorded a net profit of ₹25,715 (net margin 13.2%) and EBITDA of ₹55,415 (EBITDA margin 28.5%).
The company was associated with 1 brand: First Solar India.
The last known website on record is firstsolarind.com.
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- Registered Address52 5th Floor Jalan House Walkeshwar Road, Mumbai, Maharashtra, India – 400006
- IndustryEnergy, Electric Power Generation, Transmission And 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
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Financials of First Solar India Limited FY 2020 filings available
First Solar India Limited reported revenue of ₹1.94 Lakh for FY 2017.
Financial Statement Summary of First Solar India Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹1.94 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹55,415 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25,715 | •••• | •••• |
| 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 of First Solar India Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 28.5% | •••• | •••• |
| Net Profit Margin | 13.2% | •••• | •••• |
| 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 First Solar India are in the company report.
Financial statements from 2015
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.
Auditor Details of First Solar India Limited
First Solar India Limited is audited by VMRS & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VMRS & CO | 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 First Solar India Limited
First Solar India has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikhil Kamalkumar Jalan Also directs: White World Roads Infra Private Limited, KKJ Commodity Trading Private Limited, Priyasha Meven Finance Limited and 3 more | Director | 01 Apr 2010 | 16 Years 6 Months | As last reported |
| Akhil Kamalkumar Jalan Also directs: KKJ Commodity Trading Private Limited, Priyasha Meven Finance Limited, Gouri Shankar Investments Pvt Ltd and 2 more | Director | 01 Apr 2010 | 16 Years 6 Months | As last reported |
| Anisha Jalan Also directs: Priyasha Meven Finance Limited | Director | 01 Apr 2010 | 16 Years 6 Months | As last reported |
Ownership and Shareholding of First Solar India 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 First Solar India Limited
First Solar India Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with First Solar India Limited
First Solar India operates one associated brand: First Solar India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates as an independent producer of solar power energy. | firstsolarind.com |
Employees and EPFO Compliance at First Solar India Limited
Employment history and EPFO contributions of people linked to First Solar India.
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.
Group Structure of First Solar India Limited
First Solar India has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
News related to First Solar India Limited
Recent Activity on First Solar India Limited
First Solar India Limited has 3 board changes on record since 2010: 3 appointments. The latest: Akhil Kamalkumar Jalan was appointed as Director on 01 Apr 2010.
Credit Ratings, Litigation & Regulatory Alerts for First Solar India 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 First Solar India 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 First Solar India 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.
GST Compliance of First Solar India Limited
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.
MCA Filings & Documents of First Solar India 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.
Frequently Asked Questions about First Solar India Limited
First Solar India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
First Solar India was a public limited company based in Mumbai, Maharashtra, India. The company worked in electric power generation, within the energy industry. It was incorporated on 01 April 2010 and is registered under CIN U40106MH2010PLC201572. The company has been struck off by the Registrar of Companies and is no longer operational.
First Solar India had 3 directors:
- Nikhil Kamalkumar Jalan - Director
- Akhil Kamalkumar Jalan - Director
- Anisha Jalan - Director
The CIN (Corporate Identification Number) of First Solar India is U40106MH2010PLC201572. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of First Solar India is at 52 5th Floor Jalan House Walkeshwar Road, Mumbai, Maharashtra, India – 400006.
First Solar India was incorporated on 01 April 2010. It is registered with the Registrar of Companies, Mumbai.
First Solar India can be reached through the website firstsolarind.com. Its registered office is in Mumbai, Maharashtra, India.
First Solar India reported revenue of ₹1.94 Lakh for FY 2017.
First Solar India has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh.
First Solar India reported a net profit of ₹25,715 (net margin 13.2%) and EBITDA of ₹55,415 (EBITDA margin 28.5%) for FY 2017, as per its filed financial statements.