Indian Solar Association
About Indian Solar Association
Data last updated:
Indian Solar Association is a public not for profit company based in Chennai, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 27 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2015NPL098961.
It is led by directors including Swetha Narasimhan and Duraiswamy Paramasivam Kumaresan.
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 3rd Floor Rashmi Towers No.1 Village Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
As per the financials filed for FY 2017, the company reported a revenue of ₹30,000, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1,017 (net margin -3.4%) and EBITDA of -₹21,994 (EBITDA margin -73.3%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Indian Solar Association's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address3rd Floor Rashmi Towers No.1 Village Road Nungambakkam, Chennai, Tamil Nadu, India – 600034
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Indian Solar Association, 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 Indian Solar Association
FY 2025 filings availableIndian Solar Association reported revenue of ₹30,000 (up 200% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 200% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹30,000 | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹21,994 | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹1,017 | ||
| 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 | -73.3% | ||
| Net Profit Margin | -3.4% | ||
| 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 Indian Solar Association, buy the company report.
Board of directors of Indian Solar Association
Indian Solar Association has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Swetha Narasimhan Also directs: Raasi Green Earth Energy One Private Limited, Olm Gas Private Limited, Brickinfra Structures Private Limited and 1 more | Director | 27 Jan 2015 | 11 Years 9 Months | Current |
| Duraiswamy Paramasivam Kumaresan | Director | 27 Jan 2015 | 11 Years 9 Months | Current |
| Chandrashetty Narasimhan | Director | 27 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Indian Solar Association is audited by MANOJKUMARJAIN for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJKUMARJAIN | FY 2017 | 214204 |
Shareholding
The shareholding of Indian Solar Association is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public |
To see the full shareholding pattern of Indian Solar Association, buy the company report.
Legal cases
No court or tribunal cases involving Indian Solar Association 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 Indian Solar Association; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Indian Solar Association; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Indian Solar Association has 3 board changes on record since 2015: 3 appointments. The latest: Chandrashetty Narasimhan was appointed as Director on 27 Jan 2015.
Frequently asked questions
Indian Solar Association is an active public not for profit company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 27 January 2015 (11+ years old) and is registered under CIN U74999TN2015NPL098961.
Indian Solar Association has 3 current directors:
- Swetha Narasimhan - Director
- Duraiswamy Paramasivam Kumaresan - Director
- Chandrashetty Narasimhan - Director
The latest financial statements of Indian Solar Association on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Indian Solar Association is U74999TN2015NPL098961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Solar Association was incorporated on 27 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
Chandrashetty Narasimhan was appointed as Director on 27 Jan 2015. Duraiswamy Paramasivam Kumaresan was appointed as Director on 27 Jan 2015. Swetha Narasimhan was appointed as Director on 27 Jan 2015.
The registered office of Indian Solar Association is at 3rd Floor Rashmi Towers No.1 Village Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
Indian Solar Association operates in the environment industry, in the solar energy solutions segment.
The compliance status of Indian Solar Association is compliant as of 18 July 2026. The company is actively filing with the Registrar of Companies.
Indian Solar Association can be reached at its registered office: 3rd Floor Rashmi Towers No.1 Village Road Nungambakkam, Chennai, Tamil Nadu, India – 600034.
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