MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-DL-06-0012386
Hygrid Solar Private Limited - energy and power in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹85.97 Cr
▲ 38% YoY
Net profit · FY 2024
₹18.81 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹93.47 Lakh
EBITDA margin 1.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹5.38 Lakh
Issued & subscribed
Open charges
₹4.47 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
6
Provident fund records
About Hygrid Solar Private Limited
Data last updated:
Hygrid Solar Private Limited is a private limited company based in Delhi, India. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 11 August 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U52590DL2015PTC283950. Its GSTIN is 07AADCH6698F1Z8 (Delhi). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5.38 Lakh. It is led by directors Arvind Kumar (Whole-Time Director) and Sandeep (Whole-Time Director).
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 Unit No. 312 Plot No. A – 5 Pearls Best Heights – I Netaji Subhash Place Pitampura, Delhi, India – 110034.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.97 Cr, a growth of 38% compared to the previous year. For the same year it recorded a net profit of ₹18.81 Lakh (net margin 0.2%) and EBITDA of ₹93.47 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 43% over five years.
The company has about 6 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Hygrid Solar. As per MCA filings, the company has open charges of ₹4.47 Cr on record. The company has 2 deals on record (1 secondary share transfer, 1 rights issue); the latest was in October 2020.
Hygrid Solar Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-06-0012386). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hygridsolar.com.
Company details
CIN U52590DL2015PTC283950
Registration Number 283950
Incorporation Date 11 August 2015
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-DL-06-0012386
Recognitions & Rankings of Hygrid Solar
Contact details
Hygrid Solar Private Limited's registered office is in Delhi, Delhi. Its website is hygridsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 312 Plot No. A – 5 Pearls Best Heights – I Netaji Subhash Place Pitampura, Delhi, India – 110034
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Hygrid Solar Private Limited, buy the company report.
Comprehensive company report
Hygrid 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Hygrid Solar operates one associated brand: Hygrid Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distributor and installer of solar products, panels, and systems for energy solutions. | hygridsolar.com |
Business activity
The main business activity of Hygrid Solar is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Hygrid Solar Private Limited, buy the company report.
Financials of Hygrid Solar Private Limited
FY 2024 filings availableHygrid Solar Private Limited reported revenue of ₹85.97 Cr (up 38% YoY) for FY 2024.
Revenue · FY 2024
₹85.97 Cr ▲ 38%
Net profit · FY 2024
₹18.81 Lakh margin 0.2%
EBITDA · FY 2024
₹93.47 Lakh margin 1.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 16%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 34%
5 years · compounded
▲ 28%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 38% growth in the latest year. EBITDA rose 21% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹93.47 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹18.81 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Hygrid Solar Private Limited, buy the company report.
Board of directors of Hygrid Solar Private Limited
Hygrid Solar has 2 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 |
|---|---|---|---|---|
| Arvind Kumar Also directs: Exolar Energy Private Limited | Whole-Time Director | 11 Aug 2015 | 11 Years 2 Months | Current |
| Sandeep | Whole-Time Director | 11 Aug 2015 | 11 Years 2 Months | Current |
Auditor
Hygrid Solar Private Limited is audited by J K Sarawgi & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J K Sarawgi & Company | FY 2023 | 006836C |
Shareholding
The shareholding of Hygrid 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 Hygrid Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.47 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2024 | 101002876 | Others | ₹3 Cr | Open | |
| 16 Sep 2021 | 100495587 | Hdfc Bank Limited | ₹9.5 Lakh | Open | |
| 22 Jul 2021 | 100462357 | Others | ₹12 Lakh | Open | |
| 16 Feb 2021 | 100418948 | Hdfc Bank Limited | ₹1.25 Cr | Open |
To see the full charge records of Hygrid Solar Private Limited, buy the company report.
Total charge records: 4 View all charges
Deals & funding
Hygrid Solar Private Limited has 2 deals on record (1 secondary share transfer, 1 rights issue); the latest was in October 2020.
Total deals
2
Secondary share transfer
1
Rights issue
1
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jan 2020 | Rights issue | ₹70 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Hygrid Solar 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 Hygrid Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Hygrid Solar has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Arsiga Solar Private Limited | U51909UP2019PTC116600 | |
| Whole Solar Private Limited | U74999DL2018PTC339676 |
To see the full group structure of Hygrid Solar Private Limited, buy the company report.
Employees & EPFO
Hygrid Solar Private Limited has a workforce of 6 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
6
Active EPFO establishments
1
Employee growth
100%
GST
Hygrid Solar has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCH6698F1Z8 | Delhi | Active | 01 Jul 2017 |
| 03AADCH6698F1ZG | Punjab | Active | 28 Nov 2018 |
| 09AADCH6698F1Z4 | Uttar Pradesh | Active | 08 Dec 2018 |
| 05AADCH6698F1ZC | Uttarakhand | Active | 17 Oct 2019 |
To see the full GST registrations and return filing status of Hygrid Solar Private Limited, buy the company report.
Recent activity
Hygrid Solar Private Limited has 6 board changes on record since 2015: 2 appointments and 4 cessations. The latest: Arvind Kumar ceased to be Director on 31 Mar 2021.
Charges
A charge with Others of Rs. 300.00 Lakh registered on 13 Nov 2024 with Charge ID 101002876 was modified on 08 Jan 2025.
Charges
A charge with Others amounted to Rs. 300.00 Lakh with Charge ID 101002876 was registered on 13 Nov 2024.
AGM
Hygrid Solar Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hygrid Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 9.50 Lakh with Charge ID 100495587 was registered on 16 Sep 2021.
Charges
A charge with Others amounted to Rs. 12.00 Lakh with Charge ID 100462357 was registered on 22 Jul 2021.
Ceased
Arvind Kumar ceased to be Director.
Ceased
Sandeep ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 125.00 Lakh with Charge ID 100418948 was registered on 16 Feb 2021.
Ceased
Shailendra Prajapati ceased to be Director.
Ceased
Dawood ceased to be Director.
Appointed
Arvind Kumar was appointed as Whole-Time Director.
2 earlier events are in the company report.
Frequently asked questions
Hygrid Solar is an active private limited company based in Delhi, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 11 August 2015 (11+ years old) and is registered under CIN U52590DL2015PTC283950.
Hygrid Solar has 2 current directors:
- Arvind Kumar - Whole-Time Director
- Sandeep - Whole-Time Director
The latest financial statements of Hygrid Solar 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 2016 are in the company report.
The GSTIN of Hygrid Solar is 07AADCH6698F1Z8, registered in Delhi. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 03AADCH6698F1ZG (Punjab), 09AADCH6698F1Z4 (Uttar Pradesh), 05AADCH6698F1ZC (Uttarakhand).
The CIN (Corporate Identification Number) of Hygrid Solar is U52590DL2015PTC283950. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hygrid Solar was incorporated on 11 August 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Hygrid Solar has 2 deals on record (1 secondary share transfer, 1 rights issue); the latest was in October 2020.
Arvind Kumar ceased to be Director on 31 Mar 2021. Sandeep ceased to be Director on 31 Mar 2021. Shailendra Prajapati ceased to be Director on 01 Oct 2019. Hygrid Solar has 6 board changes on record in total.
Yes, Hygrid Solar is registered as a medium enterprise under Udyam registration (number: UDYAM-DL-06-0012386).
Hygrid Solar can be reached through the website hygridsolar.com. Its registered office is in Delhi, India.