Karnan Solar Private Limited

Karnan Solar Private Limited - consumer electronics & durables in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U40106TN2022PTC150649 Incorporated 21 March 2022 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company consumer electronics and durables
Data last updated
Revenue · FY 2025
₹1.62 Cr
Latest filing
Net loss · FY 2025
₹1.06 Cr
Net margin -65.2%
EBITDA · FY 2025
₹1.59 Cr
EBITDA margin 98%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹7 Cr
Satisfied ₹7 Cr
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings

About Karnan Solar Private Limited

Data last updated:

Karnan Solar Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 21 March 2022.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40106TN2022PTC150649. Its GSTIN is 33AAJCK3977C1ZI (Tamil Nadu).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Gopalthevar Marimuthu and Packiyam Arumugakani.

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 Golden Jubilee Flats No.161/17 Padikuppam Road, Chennai, Tamil Nadu, India – 600040.

As per the financials filed for FY 2025, the company reported a revenue of ₹1.62 Cr. For the same year it recorded a net loss of ₹1.06 Cr (net margin -65.2%) and EBITDA of ₹1.59 Cr (EBITDA margin 98%).

As per MCA filings, the company has open charges of ₹7 Cr and satisfied charges of ₹7 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U40106TN2022PTC150649
Registration Number 150649
Incorporation Date 21 March 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Karnan Solar Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Golden Jubilee Flats No.161/17 Padikuppam Road, Chennai, Tamil Nadu, India – 600040
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Karnan Solar Private Limited, buy the company report.

Comprehensive company report
Karnan 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
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Financials of Karnan Solar Private Limited

FY 2025 filings available

Karnan Solar Private Limited reported revenue of ₹1.62 Cr for FY 2025.

Revenue · FY 2025
₹1.62 Cr
Net loss · FY 2025
₹1.06 Cr margin -65.2%
EBITDA · FY 2025
₹1.59 Cr margin 98%

Financial Statement Summary

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
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₹1.59 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.06 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin98%
Net Profit Margin-65.2%
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 Karnan Solar Private Limited, buy the company report.

Board of directors of Karnan Solar Private Limited

Karnan Solar has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Gopalthevar MarimuthuAdditional Director29 Mar 20251 Years 7 MonthsCurrent
Packiyam ArumugakaniAdditional Director29 Mar 20251 Years 7 MonthsCurrent

Peer comparison

Karnan Solar Private Limited is compared with the 10 companies closest to it by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Brezza Biotech Private Limited₹1.63 Cr (FY 2025)45.0%Jaipur, Rajasthan, India
Nirt Renewable Energy Private Limited₹1.63 Cr (FY 2022)457.0%Salem, Tamil Nadu, India
Webtouch Private Limited₹1.63 Cr (FY 2025)-16.0%Navi Mumbai, Maharashtra, India
Clean Max Dos Private Limited₹1.63 Cr (FY 2025)Mumbai, Maharashtra, India
Oppl Guj SPV Private Limited₹1.63 Cr (FY 2025)3700.0%Noida, Uttar Pradesh, India
Karnan Solar Private Limitedthis company₹1.62 Cr (FY 2025)-₹1.06 Cr-65.2%Chennai, Tamil Nadu, India
Jindal Greentek Energy Solutions Private Limited₹1.62 Cr (FY 2025)2.0%Ramnagar, Uttarakhand, India
Sainath Solar Energy Private Limited₹1.61 Cr (FY 2025)11.0%Hardwar, Uttarakhand, India
Rastogi Green Tech Energy Private Limited₹1.6 Cr (FY 2025)-1.0%Kashipur, Uttarakhand, India
Ampin Energy C&I Seventeen Private Limited₹1.6 Cr (FY 2025)New Delhi, Delhi, India
Sri Sai Shivanagere Solar Power Private Limited₹1.6 Cr (FY 2024)2.0%Sira, Karnataka, India

To see the full peer comparison of Karnan Solar Private Limited, buy the company report.

Auditor

Karnan Solar Private Limited is audited by AMUL&ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
AMUL&ASSOCIATESFY 2023000105S

Charges & borrowings

Open charges
₹7 Cr
Satisfied charges
₹7 Cr
Breakdown by lending institutions
State Bank of India₹7.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
02 Feb 2024100863328State Bank of India₹7 CrSatisfied

To see the full charge records of Karnan Solar Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Karnan Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Karnan Solar has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAJCK3977C1ZITamil NaduActive19 Jul 2023

To see the full GST registrations and return filing status of Karnan Solar Private Limited, buy the company report.

Recent activity

Karnan Solar Private Limited has 10 board changes on record since 2022: 6 appointments and 4 cessations. The latest: Gopalthevar Marimuthu was appointed as Additional Director on 29 Mar 2025.

AGM
Karnan Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karnan Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Gopalthevar Marimuthu was appointed as Additional Director.
Appointed
Packiyam Arumugakani was appointed as Additional Director.
Ceased
Rajalakshmi ceased to be Additional Director.
Ceased
Shanmugavel ceased to be Additional Director.
Charges
A charge registered on 02 Feb 2024 via Charge ID 100863328 with State Bank Of India was fully satisfied on 24 Feb 2025.
Ceased
Chandrasekharan Nair Sarojini Sivakala ceased to be Director.
Appointed
Rajalakshmi was appointed as Additional Director.
Appointed
Shanmugavel was appointed as Additional Director.
Ceased
Soundrarajapandian Durairaj ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 7.00 Cr with Charge ID 100863328 was registered on 02 Feb 2024.

3 earlier events are in the company report.

Frequently asked questions

Karnan Solar is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 21 March 2022 (4+ years old) and is registered under CIN U40106TN2022PTC150649.

Karnan Solar has 2 current directors:

The latest financial statements of Karnan Solar 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 FY 2022 are in the company report.

The GSTIN of Karnan Solar is 33AAJCK3977C1ZI, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Karnan Solar is U40106TN2022PTC150649. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Karnan Solar was incorporated on 21 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Karnan Solar by revenue are Brezza Biotech Private Limited, Nirt Renewable Energy Private Limited, Webtouch Private Limited, Clean Max Dos Private Limited, Oppl Guj SPV Private Limited and 5 more, all in the Cleantech industry (Solar Power).

Gopalthevar Marimuthu was appointed as Additional Director on 29 Mar 2025. Packiyam Arumugakani was appointed as Additional Director on 29 Mar 2025. Rajalakshmi ceased to be Additional Director on 29 Mar 2025. Karnan Solar has 10 board changes on record in total.

The registered office of Karnan Solar is at Golden Jubilee Flats No.16117 Padikuppam Road, Chennai, Tamil Nadu, India – 600040.

Karnan Solar operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.

Karnan Solar has open charges of ₹7 Cr and satisfied charges of ₹7 Cr as per latest MCA filings.