About Increment Solar Private Limited
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Increment Solar Private Limited is a private limited company based in Haryana, India, a subsidiary of Aes Solar Energy Holdings Mauritius Private Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 30 December 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U74999HR2010PTC041765. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹17.5 Cr and a paid-up capital of ₹16.55 Cr. It was formerly known as Aes Solar India Private Limited. It is led by directors Mahesh Kumar Mundada and Vishnukanth Gilda.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at H.No. 152 Sector 15P1, Vill Jharsa, Haryana, India – 122007.
As per the financials filed for FY 2017, the company reported a revenue of ₹18.41 Lakh. For the same year it recorded a net loss of ₹32.01 Lakh (net margin -173.9%) and EBITDA of -₹45.54 Lakh (EBITDA margin -247.4%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srpcorp.com.
Company details
Contact details
Increment Solar Private Limited's registered office is in Haryana. Its website is srpcorp.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressH.No. 152 Sector 15P1, Vill Jharsa, Haryana, India – 122007
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Increment Solar Private Limited, buy the company report.
- 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
Financials of Increment Solar Private Limited
FY 2020 filings availableIncrement Solar Private Limited reported revenue of ₹18.41 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹18.41 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹45.54 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹32.01 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -247.4% | ||
| Net Profit Margin | -173.9% | ||
| 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 Increment Solar Private Limited, buy the company report.
Board of directors of Increment Solar Private Limited
Increment Solar has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Kumar Mundada | Director | 19 Sep 2019 | 7 Years 1 Months | Current |
| Vishnukanth Gilda | Director | 19 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Increment Solar Private Limited is audited by MISHRA SAHU JAIN & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MISHRA SAHU JAIN & ASSOCIATES | FY 2017 | 015727N |
Shareholding
The shareholding of Increment Solar Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Increment Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Increment 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 Increment Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Increment Solar has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Increment Solar Private Limited, buy the company report.
Recent activity
Increment Solar Private Limited has 8 board changes on record since 2012: 2 appointments and 6 cessations. The latest: Mahesh Kumar Mundada ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Increment Solar is an active private limited company based in Haryana, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 30 December 2010 (16+ years old) and is registered under CIN U74999HR2010PTC041765.
Increment Solar has 2 current directors:
- Mahesh Kumar Mundada - Director
- Vishnukanth Gilda - Director
The latest financial statements of Increment Solar on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Increment Solar has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Increment Solar is U74999HR2010PTC041765. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Increment Solar was incorporated on 30 December 2010, making it 16+ years old. It is registered with the Registrar of Companies, Haryana.
Mahesh Kumar Mundada ceased to be Additional Director on 30 Sep 2019. Vishnukanth Gilda ceased to be Additional Director on 30 Sep 2019. Mahesh Kumar Mundada was appointed as Director on 19 Sep 2019. Increment Solar has 8 board changes on record in total.
Increment Solar can be reached through the website srpcorp.com. Its registered office is in Haryana, India.
The registered office of Increment Solar is at H.No. 152 Sector 15P1, Vill Jharsa, Haryana, India – 122007.
Increment Solar operates in the infrastructure and utilities industry, in the power infrastructure and energy projects segment.