Startup India Government of India
Huzna Solar Systems Private Limited
Huzna Solar Systems Private Limited - energy and power in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.21 Lakh
▼ 23% YoY
Net loss · FY 2023
₹36,340
Net margin -8.6%
EBITDA · FY 2023
-₹21,790
EBITDA margin -5.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Huzna Solar Systems Private Limited
Data last updated:
Huzna Solar Systems Private Limited is a private limited company based in Bhubaneswar, Odisha, India, recognised as a startup by DPIIT. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 01 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31900OR2017PTC027979. Its GSTIN is 21AAECH3751L1ZO (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 Prabhati Rani Patro and Nirupama Padhi.
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 At – Plot No – Hig – 141 K – 5 Kalinga Vihar, Bhubaneswar, Odisha, India – 751019.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.21 Lakh, a decline of 23% compared to the previous year. For the same year it recorded a net loss of ₹36,340 (net margin -8.6%) and EBITDA of -₹21,790 (EBITDA margin -5.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
As per MCA filings, the company has open charges of ₹2 Cr on record.
Huzna Solar Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0007276). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U31900OR2017PTC027979
Registration Number 027979
Incorporation Date 01 December 2017
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0007276
Key People
Nirupama Padhi Additional Director Prabhati Rani Patro Director Jayalakshmi Adapaka Additional Director Recognitions & Rankings of Huzna Solar Systems
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-OD-19-0007276
Contact details
Huzna Solar Systems Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.
- Email
- Registered AddressAt – Plot No – Hig – 141 K – 5 Kalinga Vihar, Bhubaneswar, Odisha, India – 751019
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Huzna Solar Systems Private Limited, buy the company report.
Comprehensive company report
Huzna Solar Systems 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
Financials of Huzna Solar Systems Private Limited
FY 2024 filings availableHuzna Solar Systems Private Limited reported revenue of ₹4.21 Lakh (down 23% YoY) for FY 2023.
Revenue · FY 2023
₹4.21 Lakh ▼ 23%
Net loss · FY 2023
₹36,340 margin -8.6%
EBITDA · FY 2023
-₹21,790 margin -5.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 185%
3 years · compounded
▼ 24%
5 years · compounded
▲ 2%
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 23% fall in the latest year. EBITDA fell 185% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 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 | -₹21,790 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹36,340 | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.2% | ||||
| Net Profit Margin | -8.6% | ||||
| 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 Huzna Solar Systems Private Limited, buy the company report.
Board of directors of Huzna Solar Systems Private Limited
Huzna Solar Systems has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirupama Padhi | Additional Director | 06 Apr 2021 | 5 Years 6 Months | Current |
| Prabhati Rani Patro | Director | 01 Dec 2017 | 8 Years 10 Months | Current |
| Jayalakshmi Adapaka | Additional Director | 16 Dec 2025 | 0 Years 10 Months | Current |
Auditor
Huzna Solar Systems Private Limited is audited by J PRADHAN & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J PRADHAN & CO | FY 2020 | 326206E |
Shareholding
The shareholding of Huzna Solar Systems Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Huzna Solar Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2025 | 101135758 | State Bank of India | ₹2 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Huzna Solar Systems 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 Huzna Solar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Huzna Solar Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAECH3751L1ZO | Odisha | Active | 08 May 2019 |
To see the full GST registrations and return filing status of Huzna Solar Systems Private Limited, buy the company report.
Recent activity
Huzna Solar Systems Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Jayalakshmi Adapaka was appointed as Additional Director on 16 Dec 2025.
Appointed
Jayalakshmi Adapaka was appointed as Additional Director.
Charges
A charge with State Bank Of India amounted to Rs. 200.00 Lakh with Charge ID 101135758 was registered on 26 Jun 2025.
Ceased
Prangya Pattanayak ceased to be Additional Director.
AGM
Huzna Solar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Huzna Solar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack.
Ceased
Abhisek Patro ceased to be Additional Director.
Ceased
Tanoj Kumar Pattanayak ceased to be Additional Director.
Appointed
Nirupama Padhi was appointed as Additional Director.
Ceased
Patitapaban Patra ceased to be Director.
Appointed
Prabhati Rani Patro was appointed as Director.
Incorporation
01 Dec 2017
Huzna Solar Systems Private Limited was registered on 01 Dec 2017 with Roc Cuttack & aged 8 years 10 months as per MCA records.
Frequently asked questions
Huzna Solar Systems is an active private limited company based in Bhubaneswar, Odisha, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 01 December 2017 (9+ years old) and is registered under CIN U31900OR2017PTC027979.
Huzna Solar Systems has 3 current directors:
- Nirupama Padhi - Additional Director
- Prabhati Rani Patro - Director
- Jayalakshmi Adapaka - Additional Director
The latest financial statements of Huzna Solar Systems 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 2018 are in the company report.
The GSTIN of Huzna Solar Systems is 21AAECH3751L1ZO, registered in Odisha.
The CIN (Corporate Identification Number) of Huzna Solar Systems is U31900OR2017PTC027979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Huzna Solar Systems was incorporated on 01 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Cuttack.
Jayalakshmi Adapaka was appointed as Additional Director on 16 Dec 2025. Prangya Pattanayak ceased to be Additional Director on 20 Mar 2025. Abhisek Patro ceased to be Additional Director on 10 Apr 2021. Huzna Solar Systems has 7 board changes on record in total.
Yes, Huzna Solar Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Huzna Solar Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0007276).
The registered office of Huzna Solar Systems is at At – Plot No – Hig – 141 K – 5 Kalinga Vihar, Bhubaneswar, Odisha, India – 751019.