Heemsol Energy System Private Limited

Heemsol Energy System Private Limited - automotive in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U36990GJ2016PTC094389 Incorporated 16 November 2016 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company automotive DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2023
₹7.57 Cr
▼ 12% YoY
Net profit · FY 2023
₹4.62 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹7.12 Lakh
EBITDA margin 0.9%
Authorised capital
₹35 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Heemsol Energy System Private Limited

Data last updated:

Heemsol Energy System Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the electrical and bio fuel vehicles segment of the automotive sector. It was incorporated on 16 November 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36990GJ2016PTC094389. Its GSTIN is 24AAECH0118B1ZG (Gujarat).

The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dipti Harit Shah and Sandhyaben Gopalbhai Shah.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Ahmedabad, Gujarat.

As per the financials filed for FY 2023, the company reported a revenue of ₹7.57 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹4.62 Lakh (net margin 0.6%) and EBITDA of ₹7.12 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 43% over three years and 109% over five years.

The company is associated with 1 brand: Heemsol Energy System.

Heemsol Energy System Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0135437). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website heemenergy.com.

Company details

CIN U36990GJ2016PTC094389
Registration Number 094389
Incorporation Date 16 November 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0135437
Key People
Dipti Harit Shah Director Sandhyaben Gopalbhai Shah Director Jayesh Raichandbhai Thakkar Director

Recognitions & Rankings of Heemsol Energy System

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0135437

Contact details

Heemsol Energy System Private Limited's registered office is in Ahmedabad, Gujarat. Its website is heemenergy.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    heemenergy.com
  • Registered Address
    B – 301 Sakal – 24 T – P 44 Near Savita Green Party Plot Chandkhed, A, Ahmedabad, Gujarat, India – 382424
  • Industry
    Automotive, Electrical and Bio Fuel Vehicles

To see the full contact details of Heemsol Energy System Private Limited, buy the company report.

Comprehensive company report
Heemsol Energy System 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Heemsol Energy System operates one associated brand: Heemsol Energy System. Each brand links to its own profile.

BrandDescriptionWebsite
Heemsol Energy System
Solar rooftop solutions are delivered for renewable energy needs.heemenergy.com

Business activity

The main business activity of Heemsol Energy System is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Heemsol Energy System Private Limited, buy the company report.

Financials of Heemsol Energy System Private Limited

FY 2023 filings available

Heemsol Energy System Private Limited reported revenue of ₹7.57 Cr (down 12% YoY) for FY 2023.

Revenue · FY 2023
₹7.57 Cr ▼ 12%
Net profit · FY 2023
₹4.62 Lakh margin 0.6%
EBITDA · FY 2023
₹7.12 Lakh margin 0.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 12%
3 years · compounded
▲ 43%
5 years · compounded
▲ 109%
EBITDA CAGR growth
1 year
▼ 77%
3 years · compounded
▲ 294%
5 years · compounded
▲ 69%

Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 109%. EBITDA fell 77% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹7.12 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹4.62 Lakh
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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin0.9%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Heemsol Energy System Private Limited, buy the company report.

Board of directors of Heemsol Energy System Private Limited

Heemsol Energy System has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Dipti Harit ShahDirector16 Nov 20169 Years 11 MonthsCurrent
Sandhyaben Gopalbhai ShahDirector16 Nov 20169 Years 11 MonthsCurrent
Jayesh Raichandbhai Thakkar
Also directs: Evexia Lifecare Limited, Mercury Ev-Tech Limited, Kavit Edible Oil Limited and 5 more
Director08 Jun 20224 Years 4 MonthsCurrent
View all directors

Peer comparison

Heemsol Energy System Private Limited is compared with the 3 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Westside Motocorp Private Limited₹7.59 Cr (FY 2024)84.0%Memnagar, Gujarat, India
Heemsol Energy System Private Limitedthis company₹7.57 Cr (FY 2023)₹4.62 Lakh0.6%-12.0%Ahmedabad, Gujarat, India
Trupti Smart Cars Private Limited₹7.57 Cr (FY 2025)1.0%Bhubaneswar, Odisha, India
Ramraj Autorollers Private Limited₹7.56 Cr (FY 2017)-69.0%Ajmer, Rajasthan, India

To see the full peer comparison of Heemsol Energy System Private Limited, buy the company report.

Auditor

Heemsol Energy System Private Limited is audited by MSDP & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
MSDP & CO.FY 2022138414W

Shareholding

The shareholding of Heemsol Energy System Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Heemsol Energy System Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Heemsol Energy System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Heemsol Energy System has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAECH0118B1ZGGujaratActive01 Jul 2017

To see the full GST registrations and return filing status of Heemsol Energy System Private Limited, buy the company report.

Recent activity

Heemsol Energy System Private Limited has 5 board changes on record since 2016: 3 appointments and 2 cessations. The latest: Jayesh Raichandbhai Thakkar ceased to be Additional Director on 30 Sep 2022.

AGM
Heemsol Energy System Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Heemsol Energy System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Ceased
Jayesh Raichandbhai Thakkar ceased to be Additional Director.
Appointed
Jayesh Raichandbhai Thakkar was appointed as Director.
Ceased
Dipti Harit Shah ceased to be Director.
Appointed
Dipti Harit Shah was appointed as Director.
Appointed
Sandhyaben Gopalbhai Shah was appointed as Director.
Incorporation
16 Nov 2016
Heemsol Energy System Private Limited was registered on 16 Nov 2016 with Roc Ahmedabad & aged 9 years 11 months as per MCA records.

News

Frequently asked questions

Heemsol Energy System is an active private limited company based in Ahmedabad, Gujarat, India. The company works in electrical and bio fuel vehicles, within the automotive industry. It was incorporated on 16 November 2016 (10+ years old) and is registered under CIN U36990GJ2016PTC094389.

Heemsol Energy System has 3 current directors:

The latest financial statements of Heemsol Energy System on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Heemsol Energy System is 24AAECH0118B1ZG, registered in Gujarat.

The CIN (Corporate Identification Number) of Heemsol Energy System is U36990GJ2016PTC094389. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Heemsol Energy System was incorporated on 16 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.

The peers of Heemsol Energy System by revenue are Westside Motocorp Private Limited, Trupti Smart Cars Private Limited, Ramraj Autorollers Private Limited, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).

Jayesh Raichandbhai Thakkar ceased to be Additional Director on 30 Sep 2022. Jayesh Raichandbhai Thakkar was appointed as Director on 08 Jun 2022. Dipti Harit Shah ceased to be Director on 31 Mar 2021. Heemsol Energy System has 5 board changes on record in total.

Yes, Heemsol Energy System is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Heemsol Energy System is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0135437).

Heemsol Energy System can be reached through the website heemenergy.com. Its registered office is in Ahmedabad, Gujarat, India.