MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0066663
HCT Sun (India) Private Limited - environment in Thane, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹56.2 Cr
▲ 89% YoY
Net loss · FY 2025
₹1.89 Cr
Net margin -3.4%
EBITDA · FY 2025
₹3.65 Cr
EBITDA margin 6.5%
Authorised capital
₹9.5 Cr
Registered with MCA
Paid-up capital
₹9.5 Cr
Issued & subscribed
Company age
10 yrs
Est. 2016
Employees · EPFO
60
Provident fund records
Directors on board
2
As per MCA filings
About HCT Sun (India) Private Limited
Data last updated:
HCT Sun (India) Private Limited is a foreign private limited company based in Thane, Maharashtra, India, a subsidiary of Hct Sun Llc. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2016FTC288680. Its GSTIN is 27AAECH0364H1ZQ (Maharashtra).
The company has an authorised share capital of ₹9.5 Cr and a paid-up capital of ₹9.5 Cr. It is led by directors Aryeh Hanoch Glickman and Dhatchinamoorthy Viruthagiri.
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 Sector 40, Thane, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹56.2 Cr, a growth of 89% compared to the previous year. For the same year it recorded a net loss of ₹1.89 Cr (net margin -3.4%) and EBITDA of ₹3.65 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 176% over three years and 80% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: HCT Solar and HCT Sun. Court records list 7 cases involving the company, including 7 filed by the company; 6 cases are pending. The company has 4 deals on record (4 rights issues); the latest was in August 2018. Its 9 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 5 larger and 4 smaller; the largest is Walwhan Solar BH Limited with revenue of ₹57.42 Cr.
HCT Sun (India) Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0066663). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hct-sun.com.
Company details
CIN U40300MH2016FTC288680
Registration Number 288680
Incorporation Date 20 December 2016
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Hct Sun Llc
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0066663
Recognitions & Rankings of HCT Sun (India)
Contact details
HCT Sun (India) Private Limited's registered office is in Thane, Maharashtra. Its website is hct-sun.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressOffice No. 401 Seawoods Grand Central, Tower 2 Plot No.R – 1 Sector 40 Nerul Navi Mumbai, Thane, Maharashtra, India – 400706
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of HCT Sun (India) Private Limited, buy the company report.
Comprehensive company report
HCT Sun (India) 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
HCT Sun (India) operates two associated brands: HCT Solar and HCT Sun. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides complete solar rooftop solutions and has successfully completed multiple projects. | hct.solar | |
| Provides solar tracking systems and EPC services for renewable energy projects. | hct-sun.com |
Business activity
The main business activities of HCT Sun (India) are electricity, gas, steam and air condition supply and manufacturing. In detail, this covers electric power generation, transmission and distribution and metal and metal products. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | |
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of HCT Sun (India) Private Limited, buy the company report.
Financials of HCT Sun (India) Private Limited
FY 2025 filings availableHCT Sun (India) Private Limited reported revenue of ₹56.2 Cr (up 89% YoY) for FY 2025.
Revenue · FY 2025
₹56.2 Cr ▲ 89%
Net loss · FY 2025
₹1.89 Cr margin -3.4%
EBITDA · FY 2025
₹3.65 Cr margin 6.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 89%
3 years · compounded
▲ 176%
5 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▲ 78%
5 years · compounded
▲ 26%
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 89% growth in the latest year. EBITDA rose 54% 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 | ₹3.65 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.89 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 | 6.5% | ||||
| Net Profit Margin | -3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Revenue Growth | |||||
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To see the full financial statements and ratios of HCT Sun (India) Private Limited, buy the company report.
Board of directors of HCT Sun (India) Private Limited
HCT Sun (India) has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aryeh Hanoch Glickman | Director | 20 Dec 2016 | 9 Years 10 Months | Current |
| Dhatchinamoorthy Viruthagiri Also directs: Cylogic Technologies LLP | Additional Director | 31 Dec 2024 | 1 Years 10 Months | Current |
Peer comparison
HCT Sun (India) Private Limited is compared with the 9 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Walwhan Solar BH Limited | ₹57.42 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Divyesh Power Private Limited | ₹56.69 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| Solarcraft TN 1 Private Limited | ₹56.63 Cr (FY 2025) | -1.0% | New Delhi, Delhi, India | |||
| Skypower Solar India Private Limited | ₹56.6 Cr (FY 2024) | 3.0% | New Delhi, Delhi, India | |||
| Aashman Energy Private Limited | ₹56.21 Cr (FY 2025) | -5.0% | Hyderabad, Telangana, India | |||
| HCT Sun (India) Private Limitedthis company | ₹56.2 Cr (FY 2025) | -₹1.89 Cr | -3.4% | 89.0% | 60 | Thane, Maharashtra, India |
| JBM Solar Energy Maharashtra Private Limited | ₹56 Cr (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Pratyash Renewable Private Limited | ₹55.45 Cr (FY 2025) | -7.0% | Hyderabad, Telangana, India | |||
| Sprng Photovoltaic Private Limited | ₹54.92 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Belgaum Solar Power Private Limited | ₹54.75 Cr (FY 2022) | 18.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of HCT Sun (India) Private Limited, buy the company report.
Auditor
HCT Sun (India) Private Limited is audited by MANUBHAI & SHAH LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANUBHAI & SHAH LLP | FY 2023 | 106041W/W100136 |
Shareholding
The shareholding of HCT Sun (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of HCT Sun (India) Private Limited, buy the company report.
Deals & funding
HCT Sun (India) Private Limited has 4 deals on record (4 rights issues); the latest was in August 2018.
Total deals
4
Rights issues
4
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2018 | Rights issue | ₹1.12 Cr | Investors: HCT Sun Limited Liability Company |
| Mar 2018 | Rights issue | ₹52.9 Lakh | Investors: HCT Sun Limited Liability Company |
| Nov 2017 | Rights issue | ₹1.68 Cr | Investors: HCT Sun Limited Liability Company |
| Sep 2017 | Rights issue | ₹19 Lakh | Investors: HCT Sun Limited Liability Company |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
HCT Sun (India) Private Limited has 7 court cases on record: 7 filed by HCT Sun (India). 6 cases are pending and 1 is disposed.
Total cases
7
Filed by the company
7
Pending
6
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 0 | 6 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Proto D Industries Pvt. Ltd. and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Proto D Industries Pvt Ltd and 4 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Proto D Engineering Pvt Ltd and 3 others | Pending |
| High Court, MAHARASHTRA | Arbitration matter | Filed by the company against S.K. Agrofood Tech Private Limited and 2 Ors. and 2 others | Disposed |
To see the full case history of HCT Sun (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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for HCT Sun (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
HCT Sun (India) Private Limited has a workforce of 60 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
36.36%
GST
HCT Sun (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECH0364H1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of HCT Sun (India) Private Limited, buy the company report.
Recent activity
HCT Sun (India) Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Dhatchinamoorthy Viruthagiri was appointed as Additional Director on 31 Dec 2024.
AGM
Hct Sun (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Hct Sun (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Appointed
Dhatchinamoorthy Viruthagiri was appointed as Additional Director.
Ceased
Shraddha Amey Naik ceased to be Additional Director.
Ceased
Mayur Chaturbhuj Amin ceased to be Director.
Appointed
Shraddha Amey Naik was appointed as Director.
Appointed
Aryeh Hanoch Glickman was appointed as Director.
Incorporation
20 Dec 2016
Hct Sun (India) Private Limited was registered on 20 Dec 2016 with Roc Mumbai & aged 9 years 10 months as per MCA records.
Frequently asked questions
HCT Sun (India) is an active foreign private limited company based in Thane, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 20 December 2016 (10+ years old) and is registered under CIN U40300MH2016FTC288680.
HCT Sun (India) has 2 current directors:
- Aryeh Hanoch Glickman - Director
- Dhatchinamoorthy Viruthagiri - Additional Director
The latest financial statements of HCT Sun (India) 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 2017 are in the company report.
The GSTIN of HCT Sun (India) is 27AAECH0364H1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of HCT Sun (India) is U40300MH2016FTC288680. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
HCT Sun (India) has 7 court cases on record: 7 filed by the company. 6 are pending. Most are in the district courts.
HCT Sun (India) was incorporated on 20 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
HCT Sun (India) has 4 deals on record (4 rights issues); the latest was in August 2018.
The peers of HCT Sun (India) by revenue are Walwhan Solar BH Limited, Divyesh Power Private Limited, Solarcraft TN 1 Private Limited, Skypower Solar India Private Limited, Aashman Energy Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Dhatchinamoorthy Viruthagiri was appointed as Additional Director on 31 Dec 2024. Shraddha Amey Naik ceased to be Additional Director on 25 Sep 2019. Mayur Chaturbhuj Amin ceased to be Director on 11 Feb 2019. HCT Sun (India) has 5 board changes on record in total.
Yes, HCT Sun (India) is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0066663).
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