About First Solar Power India Private Limited
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First Solar Power India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of First Solar Fe Holdings Pte Limited, Singapore. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2011FTC266720. Its GSTIN is 07AABCF8602P1ZB (Delhi). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹86.1 Cr and a paid-up capital of ₹2.14 Cr. It is led by directors Sujoy Ghosh and Rupa Vijay.
Its last annual general meeting (AGM) was held on 01 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 808 8th Floor Narain Manzil 23 Barakhamba Road, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.55 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹27.08 Cr (net margin 45.5%) and EBITDA of ₹37.43 Cr (EBITDA margin 62.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
The company has about 27 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹54.5 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹146.11 Cr; the latest was in July 2017. The company has 3 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 2 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website firstsolar.com.
Company details
CIN history
First Solar Power India has one previous CIN (Corporate Identification Number): U74999MH2011FTC224053. The current CIN is U74999DL2011FTC266720, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74999DL2011FTC266720 | Current |
| U74999MH2011FTC224053 | Previous |
Contact details
First Solar Power India Private Limited's registered office is in New Delhi, Delhi. Its website is firstsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 808 8th Floor Narain Manzil 23 Barakhamba Road, New Delhi, Delhi, India – 110001
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of First Solar Power 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
Business activity
The main business activities of First Solar Power India are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of First Solar Power India Private Limited, buy the company report.
Financials of First Solar Power India Private Limited
FY 2025 filings availableFirst Solar Power India Private Limited reported revenue of ₹59.55 Cr (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 41% growth in the latest year. EBITDA rose 453% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹59.55 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹37.43 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27.08 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.9% | ||||
| Net Profit Margin | 45.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of First Solar Power India Private Limited, buy the company report.
Board of directors of First Solar Power India Private Limited
First Solar Power India has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujoy Ghosh Also directs: FS India Solar Ventures Private Limited | Director | 04 Oct 2012 | 14 Years 1 Months | Current |
| Rupa Vijay Also directs: FS India Solar Ventures Private Limited | Director | 10 Oct 2018 | 8 Years 0 Months | Current |
Auditor
First Solar Power India Private Limited is audited by Haribhakti & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2023 | 103523W |
Shareholding
The shareholding of First Solar Power 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 First Solar Power India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Sep 2015 | 10594361 | Axis Trustee Services Limited | ₹54.5 Cr | Satisfied |
To see the full charge records of First Solar Power India Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
First Solar Power India Private Limited has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹146.11 Cr; the latest was in July 2017.
Deals on record (3 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2017 | Acquisition | ₹1,922.32 Cr | Buyer: Global Infrastructure Partners Seller: First Solar Power India Private Limited |
| Mar 2013 | Funding round | ₹60 Cr | Investors: First Solar FE Holdings Private Limited |
| May 2012 | Funding round | ₹1.09 Cr | Investors: First Solar FE Holdings Private Limited |
To see the full deal history of First Solar Power India 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
First Solar Power India Private Limited has 1 court case on record: 1 filed by First Solar Power India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Writ petition | Filed by the company against Assistant Commissioner of Income Tax Circle 7-1 Delhi & Anr. | Disposed |
To see the full case history of First Solar Power India 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.
Credit ratings & regulatory alerts
First Solar Power India Private Limited was last rated by Care on 28 Apr 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 28 Apr 2017 |
To see the full credit ratings and regulatory alerts of First Solar Power India Private Limited, buy the company report.
MSME payment delays
First Solar Power India Private Limited has 3 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Haribhakti & Co. LLP |
To see the full MSME payment records of First Solar Power India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
First Solar Power India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| FS India Devco Private Limited | U40102DL2013PTC338399 |
To see the full group structure of First Solar Power India Private Limited, buy the company report.
Employees & EPFO
First Solar Power India Private Limited has a workforce of 27 employees on its EPFO records as of Jan 22, 2025, across 1 active EPFO establishment.
GST
First Solar Power India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCF8602P1ZB | Delhi | Active | 01 Jul 2017 |
| 07AABCF8602P2ZA | Delhi | Active | 15 May 2025 |
| 33AABCF8602P1ZG | Tamil Nadu | Active | 22 Jan 2024 |
To see the full GST registrations and return filing status of First Solar Power India Private Limited, buy the company report.
Recent activity
First Solar Power India Private Limited has 11 board changes on record since 2012: 2 appointments and 9 cessations. The latest: Richard Alan Romero ceased to be Additional Director on 30 Sep 2019.
4 earlier events are in the company report.
News
Frequently asked questions
First Solar Power India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 November 2011 (15+ years old) and is registered under CIN U74999DL2011FTC266720.
First Solar Power India has 2 current directors:
- Sujoy Ghosh - Director
- Rupa Vijay - Director
The latest financial statements of First Solar Power India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of First Solar Power India is 07AABCF8602P1ZB, registered in Delhi. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 07AABCF8602P2ZA (Delhi), 33AABCF8602P1ZG (Tamil Nadu).
The CIN (Corporate Identification Number) of First Solar Power India is U74999DL2011FTC266720. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
First Solar Power India has 1 court case on record: 1 filed by the company.
First Solar Power India was incorporated on 18 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Delhi.
First Solar Power India has 4 deals on record (3 funding rounds, 1 acquisition), with disclosed funding of ₹146.11 Cr; the latest was in July 2017.
Richard Alan Romero ceased to be Additional Director on 30 Sep 2019. Rupa Vijay ceased to be Whole-Time Director on 30 Sep 2019. Bryan Robert Schumaker ceased to be Director on 10 May 2019. First Solar Power India has 11 board changes on record in total.
First Solar Power India has 3 MSME Form 1 returns on record between 2020 and 2023, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 15 Dec 2023.
First Solar Power India can be reached through the website firstsolar.com. Its registered office is in New Delhi, Delhi, India.
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