About Indosolar Limited
Data last updated:
Indosolar Limited was a public limited company based in New Delhi-=65, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 27 February 2006.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U55101DL2006PLC146831.
The company had an authorised share capital of ₹200 Cr and a paid-up capital of ₹185.75 Cr. It was formerly known as Phoenix Solar India Limited. It was led by directors Bhushan Kumar Gupta (Whole-Time Director) and Anand Kumar Agarwal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2008, and its latest financial statements are for the year ended 31 March 2008. The registered office was at C – 12 Friends Colonynew Delhi – 65 New Delhi – 65, New Delhi – =65, Delhi, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹85.01 Lakh, a decline of 25% compared to the previous year. Revenue has declined at a compounded annual rate (CAGR) of 9% over three years and 44% over five years.
The company had about 278 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Indosolar.
The last known website on record is indosolar.co.in.
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- Registered AddressC – 12 Friends Colonynew Delhi – 65 New Delhi – 65, New Delhi – =65, Delhi, India
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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
- One PDF report, delivered after checkout
Associated Brands with Indosolar Limited
Indosolar operates one associated brand: Indosolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Photovoltaic solar cells and modules are manufactured by Indosolar. | indosolar.co.in |
Competitors & Alternatives of Indosolar Limited
Brands and companies operating in the same space as Indosolar Limited include Trina Solar, Oxford Photovoltaics, Growatt and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Trina Solar | Photovoltaic cells for PV and smart energy solutions are developed. | San Jose, United States | 1997 |
 Oxford Photovoltaics | Perovskite-based solar cells are provided for BIPV applications. | Oxford, United Kingdom | 2010 |
 Growatt | Solar PV modules are manufactured by Growatt in China. | Shenzhen, China | 2011 |
 Amtech Systems | Manufacturer of solar cells, semiconductors, and silicon wafers | Tempe, United States | 1981 |
 SCHMID | Manufacturer of process solutions and equipment | Freudenstadt, Germany | 1864 |
 Tata Power Solar | Manufactures photovoltaic modules and solar cells for renewable energy solutions. | Mumbai, India | 1989 |
 SunDrive | Manufacturer of solar powered products | Wollongong, Australia | 2015 |
 Innovalight | High-efficiency solar cells are manufactured using silicon ink. | Sunnyvale, United States | 2002 |
 SoloPower | Flexible thin-film photovoltaic cells are provided for solar energy applications. | San Jose, United States | 2005 |
Board of Directors of Indosolar Limited
Indosolar has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Kumar Gupta | Whole-Time Director | 27 Feb 2006 | 20 Years 7 Months | As last reported |
| Anand Kumar Agarwal | Whole-Time Director | 27 Feb 2006 | 20 Years 7 Months | As last reported |
Financials of Indosolar Limited FY 2008 filings available
Indosolar Limited reported revenue of ₹85.01 Lakh (down 25.00% YoY) for FY 2024.
Growth of Indosolar Limited
| Metric | 1-year growth | 3-year compounded (CAGR) | 5-year compounded (CAGR) |
|---|---|---|---|
| Revenue | ▼ 25% | ▲ 9% | ▼ 44% |
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 25% fall 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 Indosolar Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
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| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Indosolar Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| 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 Indosolar are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Charges & Borrowings of Indosolar Limited
Indosolar Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Indosolar Limited
Employment history and EPFO contributions of people linked to Indosolar.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Indosolar Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Indosolar Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Indosolar Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Indosolar Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Indosolar Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Indosolar Limited
Recent News on Indosolar Limited
Frequently Asked Questions about Indosolar Limited
Indosolar has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Indosolar was a public limited company based in New Delhi-=65, Delhi, India. The company worked in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 27 February 2006 and is registered under CIN U55101DL2006PLC146831. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Indosolar was incorporated on 27 February 2006. It is registered with the Registrar of Companies, Delhi.
Indosolar had 2 directors:
- Bhushan Kumar Gupta - Whole-Time Director
- Anand Kumar Agarwal - Whole-Time Director
The CIN (Corporate Identification Number) of Indosolar is U55101DL2006PLC146831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Indosolar is at C – 12 Friends Colonynew Delhi – 65 New Delhi – 65, New Delhi – =65, Delhi, India.
Indosolar can be reached through the website indosolar.co.in. Its registered office is in New Delhi-=65, Delhi, India.
Indosolar reported revenue of ₹85.01 Lakh for FY 2024 (down 25.00% YoY).
Indosolar has an authorised share capital of ₹200 Cr and a paid-up capital of ₹185.75 Cr.