DPIIT recognised startup Government of India
Startup India
Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions Private Limited - environment in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.13 Lakh
▼ 19% YoY
Net loss · FY 2025
₹2.16 Lakh
Net margin -9.8%
EBITDA · FY 2025
-₹1.97 Lakh
EBITDA margin -8.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Heleark Projects and Solutions Private Limited
Data last updated:
Heleark Projects and Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 09 August 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U74999OR2018PTC029281. Its GSTIN is 21AAECH6190H1ZQ (Odisha).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Sarat Chandra Mallik and Sonali Mallick.
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.615 G A Colony Bharatpur Bhubaneswar (M.C). Khorda, Odisha, India – 751003.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.13 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹2.16 Lakh (net margin -9.8%) and EBITDA of -₹1.97 Lakh (EBITDA margin -8.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 86% over five years.
Heleark Projects and Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0001016).
Company Details of Heleark Projects and Solutions Private Limited
CIN U74999OR2018PTC029281
Registration Number 029281
Incorporation Date 09 August 2018
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0001016
Key People
Sarat Chandra Mallik Director Namrata Priyadarshini Mallick Additional Director Sonali Mallick Director Recognitions & Rankings of Heleark Projects and Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-OD-19-0001016
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No.615 G A Colony Bharatpur Bhubaneswar (M.C). Khorda, Odisha, India – 751003
- IndustryEnvironment, Clean Energy Solutions
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Business Activity of Heleark Projects and Solutions Private Limited
The main business activity of Heleark Projects and Solutions is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Heleark Projects and Solutions Private Limited FY 2025 filings available
Heleark Projects and Solutions Private Limited reported revenue of ₹22.13 Lakh (down 19% YoY) for FY 2025.
Revenue · FY 2025
₹22.13 Lakh ▼ 19%
Net loss · FY 2025
₹2.16 Lakh margin -9.8%
EBITDA · FY 2025
-₹1.97 Lakh margin -8.9%
Compounded Annual Growth Rate (CAGR) of Heleark Projects and Solutions Private Limited
Revenue CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 39%
5 years · compounded
▲ 86%
EBITDA CAGR growth
1 year
▼ 599%
3 years · compounded
▼ 56%
5 years · compounded
▼ 6%
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 86%. EBITDA fell 599% 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 of Heleark Projects and Solutions Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.16 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 of Heleark Projects and Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -8.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Heleark Projects and Solutions are in the company report.
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Financial statements from FY 2019
Earlier years and trend charts are in the company report.
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Board of Directors of Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarat Chandra Mallik | Director | 09 Aug 2018 | 8 Years 2 Months | Current |
| Namrata Priyadarshini Mallick | Additional Director | 15 Dec 2021 | 4 Years 10 Months | Current |
| Sonali Mallick | Director | 09 Aug 2018 | 8 Years 2 Months | Current |
Peer Comparison of Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ekokraft Energy Solutions Private Limited | ₹23.18 Lakh (FY 2025) | •••• | •••• | •••• | Chatrapur, Odisha, India | |
| Viamas Energy Solutions India Private Limited | ₹23.01 Lakh (FY 2024) | •••• | •••• | 19.0% | •••• | Lucknow, Uttar Pradesh, India |
| Clean Max Maya Private Limited | ₹23 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Enrich Renewables Private Limited | ₹22.52 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Pune, Maharashtra, India |
| Multi Energy Solutions Private Limited | ₹22.49 Lakh (FY 2016) | •••• | •••• | -91.0% | •••• | Mandaveli, Tamil Nadu, India |
| Heleark Projects and Solutions Private Limited this company | ₹22.13 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Bhubaneswar, Odisha, India |
| Nuevo Renewable Power Private Limited | ₹22.11 Lakh (FY 2021) | •••• | •••• | -79.0% | •••• | Pune, Maharashtra, India |
| Nanobright Solar Technologies Private Limited | ₹22.08 Lakh (FY 2025) | •••• | •••• | -79.0% | •••• | Hyderabad, Telangana, India |
| Nass Energy Solutions Private Limited | ₹21.95 Lakh (FY 2022) | •••• | •••• | 33.0% | •••• | Delhi, India |
| Esbs Technologies Private Limited | ₹21.72 Lakh (FY 2025) | •••• | •••• | 138.0% | •••• | Ernad, Kerala, India |
| Zero Square Energy Solutions Private Limited | ₹21.56 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Heleark Projects and Solutions by revenue in the Cleantech industry (Energy Solutions), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Heleark Projects and Solutions Private Limited
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Shareholding and ownership data
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Charges & Borrowings of Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Heleark Projects and Solutions Private Limited
Employment history and EPFO contributions of people linked to Heleark Projects and Solutions.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions Private Limited has 3 board changes on record since 2018: 3 appointments. The latest: Namrata Priyadarshini Mallick was appointed as Additional Director on 15 Dec 2021.
AGM
Heleark Projects And Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Heleark Projects And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Appointed
Namrata Priyadarshini Mallick was appointed as Additional Director.
Appointed
Sarat Chandra Mallik was appointed as Director.
Appointed
Sonali Mallick was appointed as Director.
Incorporation
09 Aug 2018
Heleark Projects And Solutions Private Limited was registered on 09 Aug 2018 with Roc Cuttack & aged 8 years 2 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Heleark Projects and Solutions Private Limited
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MSME Payment Delays by Heleark Projects and Solutions Private Limited
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Subsidiaries & Group Companies of Heleark Projects and Solutions Private Limited
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GST Compliance of Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECH6190H1ZQ | Odisha | Active | 01 Oct 2018 |
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MCA Filings & Documents of Heleark Projects and Solutions Private Limited
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Frequently Asked Questions about Heleark Projects and Solutions Private Limited
Heleark Projects and Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 09 August 2018 (8+ years old) and is registered under CIN U74999OR2018PTC029281.
Heleark Projects and Solutions reported revenue of ₹22.13 Lakh for FY 2025 (down 19% YoY).
Heleark Projects and Solutions has 3 current directors:
- Sarat Chandra Mallik - Director
- Namrata Priyadarshini Mallick - Additional Director
- Sonali Mallick - Director
Heleark Projects and Solutions reported a net loss of ₹2.16 Lakh (net margin -9.8%) and EBITDA of -₹1.97 Lakh (EBITDA margin -8.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Heleark Projects and Solutions is -39% over three years and 86% over five years. In the latest year (FY 2025) revenue fell 19%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Heleark Projects and Solutions is 21AAECH6190H1ZQ, registered in Odisha.
The CIN (Corporate Identification Number) of Heleark Projects and Solutions is U74999OR2018PTC029281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Heleark Projects and Solutions was incorporated on 09 August 2018, making it 8+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Heleark Projects and Solutions by revenue are Ekokraft Energy Solutions Private Limited, Viamas Energy Solutions India Private Limited, Clean Max Maya Private Limited, Enrich Renewables Private Limited, Multi Energy Solutions Private Limited and 5 more, all in the Cleantech industry (Energy Solutions).
Namrata Priyadarshini Mallick was appointed as Additional Director on 15 Dec 2021. Sarat Chandra Mallik was appointed as Director on 09 Aug 2018. Sonali Mallick was appointed as Director on 09 Aug 2018.
Yes, Heleark Projects and Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).