MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-20-0001219
Hartek Solar Private Limited - energy and power in Mohali, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹113.82 Cr
▼ 22% YoY
Net profit · FY 2025
₹4.5 Cr
Net margin 4%
EBITDA · FY 2025
₹7.47 Cr
EBITDA margin 6.6%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹70.91 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
37
Provident fund records
About Hartek Solar Private Limited
Data last updated:
Hartek Solar Private Limited is a private limited company based in Mohali, Punjab, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 06 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U40102PB2015PTC039880.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Urja Pericia Private Limited. It is led by directors Simar Preet Singh (Managing Director) and Hartek Singh.
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 Plot No F 322 Phase 8B Focal Point, Mohali, Punjab, India – 160055.
As per the financials filed for FY 2025, the company reported a revenue of ₹113.82 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net profit of ₹4.5 Cr (net margin 4%) and EBITDA of ₹7.47 Cr (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 65% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hartek Group. As per MCA filings, the company has open charges of ₹70.91 Cr on record. Court records list 9 cases involving the company, including 6 filed by the company and 3 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹55 Lakh; the latest was in March 2022. The company has 7 MSME Form 1 returns on record between 2020 and 2024, listing 38 overdue payments to 29 micro and small suppliers.
Hartek Solar Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-20-0001219). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hartek.com.
Company details
CIN U40102PB2015PTC039880
Registration Number 039880
Incorporation Date 06 November 2015
ROC Chandigarh
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 Medium
Udyam Registration UDYAM-PB-20-0001219
Recognitions & Rankings of Hartek Solar
Contact details
Hartek Solar Private Limited's registered office is in Mohali, Punjab. Its website is hartek.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No F 322 Phase 8B Focal Point, Mohali, Punjab, India – 160055
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Hartek Solar Private Limited, buy the company report.
Comprehensive company report
Hartek Solar 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
Hartek Solar operates one associated brand: Hartek Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer and operator of multi-scale solar PV plants | hartek.in |
Business activity
The main business activities of Hartek Solar are trade and construction. In detail, this covers retail trading and demolition & site preparation, electrical, plumbing & other specialized construction activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Hartek Solar Private Limited, buy the company report.
Financials of Hartek Solar Private Limited
FY 2025 filings availableHartek Solar Private Limited reported revenue of ₹113.82 Cr (down 22% YoY) for FY 2025.
Revenue · FY 2025
₹113.82 Cr ▼ 22%
Net profit · FY 2025
₹4.5 Cr margin 4%
EBITDA · FY 2025
₹7.47 Cr margin 6.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▲ 42%
5 years · compounded
▲ 65%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▲ 59%
5 years · compounded
▲ 94%
Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 65%. EBITDA fell 40% 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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| Total Expenses | |||||
| EBITDA | ₹7.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.5 Cr | ||||
| Balance Sheet | |||||
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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 | 6.6% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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To see the full financial statements and ratios of Hartek Solar Private Limited, buy the company report.
Board of directors of Hartek Solar Private Limited
Hartek Solar has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Simar Preet Singh Also directs: Hartek Power Private Limited, Hartek India Private Limited, Hartek Electric Private Limited and 1 more | Managing Director | 06 Nov 2015 | 10 Years 11 Months | Current |
| Hartek Singh Also directs: Hartek Power Private Limited, Hartek India Private Limited, Hartek Electric Private Limited and 2 more | Director | 06 Nov 2015 | 10 Years 11 Months | Current |
Auditor
Hartek Solar Private Limited is audited by Avneep Singh & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Avneep Singh & Co. | FY 2023 | 023794N |
Shareholding
The shareholding of Hartek Solar 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 Hartek Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹70.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2024 | 100902935 | Others | ₹17.49 Lakh | Open | |
| 17 Mar 2022 | 100568437 | Hdfc Bank Limited | ₹40.35 Lakh | Open | |
| 31 Dec 2018 | 100240106 | Hdfc Bank Limited | ₹70.33 Cr | Open |
To see the full charge records of Hartek Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Hartek Solar Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹55 Lakh; the latest was in March 2022.
Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹55 Lakh
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Funding round | ₹55 Lakh | Investors: 4 individuals |
| Dec 2020 | Rights issue | ₹40 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hartek Solar Private Limited has 9 court cases on record: 6 filed by Hartek Solar, 3 filed against it. 1 case is pending and 8 are disposed.
Total cases
9
Filed by the company
6
Filed against the company
3
Pending
1
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 3 | 0 |
| District courts | 4 | 0 | 1 |
Cases on record (5 of 9)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Himachal Pradesh | Court case (CARBC) | Filed against the company by SJVN Green Energy Limited | Disposed |
| High Court of Himachal Pradesh | Court case (CARAP) | Filed against the company by SJVN Green Energy Limited | Disposed |
| High Court of Himachal Pradesh | Court case (CARBC) | Filed by the company against SJVN Green Energy Limited and Another | Disposed |
| High Court of Himachal Pradesh | Court case (CARAP) | Filed by the company against SJVN Green Energy Limited and Another | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed by the company against Aeroship Logistics Pvt. Ltd. and 1 other | Disposed |
To see the full case history of Hartek Solar 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.
MSME payment delays
Hartek Solar Private Limited has 7 MSME Form 1 returns on record between 2020 and 2024, listing 38 overdue payments to 29 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 (5 of 29)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| A.N. Electro-Mech (India) Private Limited | |||
| Nexon Cable Corporation LLP | |||
| Jai Jagdamba Industries |
To see the full MSME payment records of Hartek Solar Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hartek Solar Private Limited has a workforce of 37 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
37
Active EPFO establishments
1
Employee growth
42.31%
GST
No GST registration is on our record for Hartek Solar Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Hartek Solar Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Simar Preet Singh ceased to be Director on 30 Apr 2024.
AGM
Hartek Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hartek Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others of Rs. 0.17 Cr registered on 16 Mar 2024 with Charge ID 100902935 was modified on 09 Jul 2024.
Ceased
Simar Preet Singh ceased to be Director.
Charges
A charge with Others amounted to Rs. 0.17 Cr with Charge ID 100902935 was registered on 16 Mar 2024.
Ceased
Harkirat Kaur ceased to be Director.
Ceased
Keerti Hartek Singh ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 70.33 Cr registered on 31 Dec 2018 with Charge ID 100240106 was modified on 17 Jul 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.40 Cr with Charge ID 100568437 was registered on 17 Mar 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 70.33 Cr with Charge ID 100240106 was registered on 31 Dec 2018.
Appointed
Hartek Singh was appointed as Director.
Appointed
Simar Preet Singh was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Hartek Solar is an active private limited company based in Mohali, Punjab, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 06 November 2015 (11+ years old) and is registered under CIN U40102PB2015PTC039880.
Hartek Solar has 2 current directors:
- Simar Preet Singh - Managing Director
- Hartek Singh - Director
The latest financial statements of Hartek Solar 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 2016 are in the company report.
The CIN (Corporate Identification Number) of Hartek Solar is U40102PB2015PTC039880. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hartek Solar has 9 court cases on record: 6 filed by the company and 3 filed against it. 1 is pending. Most are in the high courts.
Hartek Solar was incorporated on 06 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chandigarh.
Hartek Solar has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹55 Lakh; the latest was in March 2022.
Simar Preet Singh ceased to be Director on 30 Apr 2024. Harkirat Kaur ceased to be Director on 31 Dec 2023. Keerti Hartek Singh ceased to be Director on 31 Dec 2023. Hartek Solar has 5 board changes on record in total.
Yes, Hartek Solar is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-20-0001219).
Hartek Solar has 7 MSME Form 1 returns on record between 2020 and 2024, listing 38 overdue payments to 29 micro and small suppliers. The latest return was filed on 13 May 2024.
Hartek Solar can be reached through the website hartek.com. Its registered office is in Mohali, Punjab, India.