MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0249349
Growatt Energy Projects Private Limited
Growatt Energy Projects Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹77.36 Cr
▼ 4% YoY
Net profit · FY 2024
₹2.77 Cr
Net margin 3.6%
EBITDA · FY 2024
₹4.34 Cr
EBITDA margin 5.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹20.37 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
Active GSTINs
3
of 4 registered
About Growatt Energy Projects Private Limited
Data last updated:
Growatt Energy Projects Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Almanbae Solar Energy Systems & Components Trading Co. L.L.C.. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 15 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29307TN2015PTC100950. Its GSTIN is 36AAGCG0067N1ZD (Telangana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹20.37 Lakh. It is led by directors Rajesh Lohia and Deepak Jataywal.
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 715 – A 7th Floor Spencer Plaza Suite No.395 Mount Road Anna Salai, Chennai, Tamil Nadu, India – 600002.
As per the financials filed for FY 2024, the company reported a revenue of ₹77.36 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.77 Cr (net margin 3.6%) and EBITDA of ₹4.34 Cr (EBITDA margin 5.6%). Revenue has grown at a compounded annual rate (CAGR) of 59% over three years and 164% over five years.
The company has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 2 larger and 2 smaller; the largest is Excelltech Wind India Private Limited with revenue of ₹77.74 Cr.
Growatt Energy Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0249349). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29307TN2015PTC100950
Registration Number 100950
Incorporation Date 15 June 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Almanbae Solar Energy Systems & Components Trading Co. L.L.C.
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0249349
Key People
Rajesh Lohia Director Deepak Jataywal Director Recognitions & Rankings of Growatt Energy Projects
Contact details
Growatt Energy Projects Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address715 – A 7th Floor Spencer Plaza Suite No.395 Mount Road Anna Salai, Chennai, Tamil Nadu, India – 600002
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Growatt Energy Projects Private Limited, buy the company report.
Comprehensive company report
Growatt Energy Projects 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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Business activity
The main business activity of Growatt Energy Projects is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Growatt Energy Projects Private Limited, buy the company report.
Financials of Growatt Energy Projects Private Limited
FY 2024 filings availableGrowatt Energy Projects Private Limited reported revenue of ₹77.36 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹77.36 Cr ▼ 4%
Net profit · FY 2024
₹2.77 Cr margin 3.6%
EBITDA · FY 2024
₹4.34 Cr margin 5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 59%
5 years · compounded
▲ 164%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 27%
5 years · compounded
▲ 70%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 164%. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹4.34 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.77 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.6% | ||||
| Net Profit Margin | 3.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Growatt Energy Projects Private Limited, buy the company report.
Board of directors of Growatt Energy Projects Private Limited
Growatt Energy Projects has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Lohia Also directs: Perry Mason Para Legal LLP, Narmada Ipe Private Limited | Director | 17 Mar 2024 | 2 Years 7 Months | Current |
| Deepak Jataywal | Director | 27 May 2025 | 1 Years 5 Months | Current |
Peer comparison
Growatt Energy Projects Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Excelltech Wind India Private Limited | ₹77.74 Cr (FY 2024) | 49.0% | Coimbatore, Tamil Nadu, India | |||
| Powerflow Engineers Private Limited | ₹77.6 Cr (FY 2025) | 5.0% | Chennai, Tamil Nadu, India | |||
| Growatt Energy Projects Private Limitedthis company | ₹77.36 Cr (FY 2024) | ₹2.77 Cr | 3.6% | -4.0% | Chennai, Tamil Nadu, India | |
| Pushpa Sales Private Limited | ₹76.58 Cr (FY 2025) | 1.0% | Lucknow, Uttar Pradesh, India | |||
| Bhaskar Jyoti (India) Private Limited | ₹76.26 Cr (FY 2025) | -34.0% | Alwar, Rajasthan, India |
To see the full peer comparison of Growatt Energy Projects Private Limited, buy the company report.
Auditor
Growatt Energy Projects Private Limited is audited by Banshi Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Banshi Jain & Associates | FY 2023 | 100990W |
Shareholding
The shareholding of Growatt Energy Projects 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 Growatt Energy Projects Private Limited, buy the company report.
Deals & funding
Growatt Energy Projects Private Limited has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
Total deals
4
Secondary share transfers
3
Rights issue
1
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Almanbae Solar Energy Systems & Components Trading Co. L.L.C Seller: Hongkong Growatt New Energy Co Limited |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Hongkong Growatt New Energy Co Limited & Arun Elumalai, Hongkong Growatt New Energy Co Limited Seller: an individual |
| Jul 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Dec 2015 | Rights issue | ₹19.4 Lakh | Investors: Hongkong Growatt New Energy Co Limited, an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Growatt Energy Projects 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 Growatt Energy Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Growatt Energy Projects has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAGCG0067N1ZD | Telangana | Active | 10 May 2019 |
| 27AAGCG0067N1ZC | Maharashtra | Active | 04 Mar 2020 |
| 24AAGCG0067N1ZI | Gujarat | Active | 23 May 2022 |
To see the full GST registrations and return filing status of Growatt Energy Projects Private Limited, buy the company report.
Recent activity
Growatt Energy Projects Private Limited has 12 board changes on record since 2015: 2 appointments and 10 cessations. The latest: Deepak Jataywal ceased to be Additional Director on 29 Sep 2025.
Ceased
Deepak Jataywal ceased to be Additional Director.
Appointed
Deepak Jataywal was appointed as Director.
AGM
Growatt Energy Projects Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Growatt Energy Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Qiao Xin ceased to be Director.
Appointed
Rajesh Lohia was appointed as Director.
Ceased
Prashanth Chander ceased to be Additional Director.
Ceased
Sarfaraz Mohammed ceased to be Additional Director.
Ceased
Rajesh Lohia ceased to be Additional Director.
Ceased
Varun Gajra ceased to be Additional Director.
Ceased
Arun Elumalai ceased to be Director.
Ceased
He Rongqiao ceased to be Director.
3 earlier events are in the company report.
Frequently asked questions
Growatt Energy Projects is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 15 June 2015 (11+ years old) and is registered under CIN U29307TN2015PTC100950.
Growatt Energy Projects has 2 current directors:
- Rajesh Lohia - Director
- Deepak Jataywal - Director
The latest financial statements of Growatt Energy Projects 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 FY 2016 are in the company report.
The GSTIN of Growatt Energy Projects is 36AAGCG0067N1ZD, registered in Telangana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAGCG0067N1ZC (Maharashtra), 24AAGCG0067N1ZI (Gujarat).
The CIN (Corporate Identification Number) of Growatt Energy Projects is U29307TN2015PTC100950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Growatt Energy Projects was incorporated on 15 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Growatt Energy Projects has 4 deals on record (3 secondary share transfers, 1 rights issue); the latest was in March 2023.
The peers of Growatt Energy Projects by revenue are Excelltech Wind India Private Limited, Powerflow Engineers Private Limited, Pushpa Sales Private Limited, Bhaskar Jyoti (India) Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Deepak Jataywal ceased to be Additional Director on 29 Sep 2025. Deepak Jataywal was appointed as Director on 27 May 2025. Qiao Xin ceased to be Director on 17 Mar 2024. Growatt Energy Projects has 12 board changes on record in total.
Yes, Growatt Energy Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0249349).
The registered office of Growatt Energy Projects is at 715 – A 7th Floor Spencer Plaza Suite No.395 Mount Road Anna Salai, Chennai, Tamil Nadu, India – 600002.
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