MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0086633
Kirloskar Solar Technologies Private Limited - consumer electronics & durables in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹268.69 Cr
▲ 57% YoY
Net profit · FY 2025
₹14.99 Cr
Net margin 5.6%
EBITDA · FY 2025
₹27.98 Cr
EBITDA margin 10.4%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹7.5 Cr
Issued & subscribed
Open charges
₹154.8 Cr
Satisfied ₹24 Cr
Company age
10 yrs
Est. 2016
Employees · EPFO
50
Provident fund records
About Kirloskar Solar Technologies Private Limited
Data last updated:
Kirloskar Solar Technologies Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 16 November 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29308PN2016PTC167173. Its GSTIN is 09AAGCK3531R1ZZ (Uttar Pradesh). The company holds 9 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹7.5 Cr. It is led by directors Ashwini Vijay Mali and George Verghese.
Its last annual general meeting (AGM) was held on 28 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Training Centre Facility Laxmanrao Kirloskar Road Khadki, Pune, Maharashtra, India – 411003.
As per the financials filed for FY 2025, the company reported a revenue of ₹268.69 Cr, a growth of 57% compared to the previous year. For the same year it recorded a net profit of ₹14.99 Cr (net margin 5.6%) and EBITDA of ₹27.98 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 43% over five years.
The company has about 50 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kirloskar Solar. As per MCA filings, the company has open charges of ₹154.8 Cr and satisfied charges of ₹24 Cr on record. The company has 1 deal on record (1 rights issue); the latest was in March 2017. The company has 12 MSME Form 1 returns on record between 2019 and 2024, listing 80 overdue payments to 13 micro and small suppliers.
Kirloskar Solar Technologies Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0086633). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kirloskarsolar.com.
Company details
CIN U29308PN2016PTC167173
Registration Number 167173
Incorporation Date 16 November 2016
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 28 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-26-0086633
Recognitions & Rankings of Kirloskar Solar Technologies
Contact details
Kirloskar Solar Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is kirloskarsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressTraining Centre Facility Laxmanrao Kirloskar Road Khadki, Pune, Maharashtra, India – 411003
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Kirloskar Solar Technologies Private Limited, buy the company report.
Comprehensive company report
Kirloskar Solar Technologies 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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Brands
Kirloskar Solar Technologies operates one associated brand: Kirloskar Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive solar energy solutions to support sustainable power needs. | kirloskarsolar.com |
Business activity
The main business activity of Kirloskar Solar Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Kirloskar Solar Technologies Private Limited, buy the company report.
Financials of Kirloskar Solar Technologies Private Limited
FY 2025 filings availableKirloskar Solar Technologies Private Limited reported revenue of ₹268.69 Cr (up 57% YoY) for FY 2025.
Revenue · FY 2025
₹268.69 Cr ▲ 57%
Net profit · FY 2025
₹14.99 Cr margin 5.6%
EBITDA · FY 2025
₹27.98 Cr margin 10.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 27%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 158%
3 years · compounded
▲ 106%
5 years · compounded
▲ 147%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 57% growth in the latest year. EBITDA rose 158% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹27.98 Cr | ||||
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| Net Profit (PAT) | ₹14.99 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 5.6% | ||||
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To see the full financial statements and ratios of Kirloskar Solar Technologies Private Limited, buy the company report.
Board of directors of Kirloskar Solar Technologies Private Limited
Kirloskar Solar Technologies 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 |
|---|---|---|---|---|
| Ashwini Vijay Mali Also directs: Paragon Greensutra Private Limited, Binaza Consult Private Limited | Additional Director | 30 Sep 2025 | 1 Years 0 Months | Current |
| George Verghese | Additional Director | 30 Sep 2025 | 1 Years 0 Months | Current |
Auditor
Kirloskar Solar Technologies Private Limited is audited by JOSHI & SAHNEY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JOSHI & SAHNEY | FY 2022 | 104359W |
Shareholding
The shareholding of Kirloskar Solar Technologies 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 Kirloskar Solar Technologies Private Limited, buy the company report.
Charges & borrowings
Open charges
₹154.8 Cr
Satisfied charges
₹24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Nov 2024 | 101019080 | Others | ₹9.75 Cr | Open | |
| 11 Apr 2022 | 100570079 | Others | ₹140 Cr | Open | |
| 28 Jul 2021 | 100471596 | Others | ₹5.05 Cr | Open | |
| 18 Nov 2021 | 100509241 | Yes Bank Limited | ₹20 Cr | Satisfied | |
| 27 Oct 2017 | 100144533 | Yes Bank Limited | ₹4 Cr | Satisfied |
To see the full charge records of Kirloskar Solar Technologies Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Kirloskar Solar Technologies Private Limited has 1 deal on record (1 rights issue); the latest was in March 2017.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Rights issue | ₹4 Cr | 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 Kirloskar Solar Technologies 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
Kirloskar Solar Technologies Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 80 overdue payments to 13 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| D.B. Electricals Private Limited | |||
| True Power Limited | |||
| an individual supplier | |||
| Hind Solar | |||
| Suryalogix Private Limited |
To see the full MSME payment records of Kirloskar Solar Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Kirloskar Solar Technologies Private Limited has a workforce of 50 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
50
Active EPFO establishments
1
Employee growth
-5.66%
GST
Kirloskar Solar Technologies has 9 GST registrations: 7 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
9
Active
7
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCK3531R1ZZ | Uttar Pradesh | Active | 01 Jul 2017 |
| 27AAGCK3531R1Z1 | Maharashtra | Active | 01 Jul 2017 |
| 29AAGCK3531R1ZX | Karnataka | Active | 01 Jul 2017 |
| 33AAGCK3531R1Z8 | Tamil Nadu | Active | 19 Jan 2021 |
To see the full GST registrations and return filing status of Kirloskar Solar Technologies Private Limited, buy the company report.
Recent activity
Kirloskar Solar Technologies Private Limited has 6 board changes on record since 2016: 5 appointments and 1 cessation. The latest: Ashwini Vijay Mali was appointed as Additional Director on 30 Sep 2025.
Appointed
Ashwini Vijay Mali was appointed as Additional Director.
Appointed
George Verghese was appointed as Additional Director.
AGM
Kirloskar Solar Technologies Private Limited last Annual general meeting of members was held on 28 Jul 2025 as per latest MCA records.
Filing
Kirloskar Solar Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others of Rs. 5.05 Cr registered on 28 Jul 2021 with Charge ID 100471596 was modified on 27 Mar 2025.
Charges
A charge with Others of Rs. 140.00 Cr registered on 11 Apr 2022 with Charge ID 100570079 was modified on 21 Jan 2025.
Charges
A charge with Others amounted to Rs. 9.75 Cr with Charge ID 101019080 was registered on 29 Nov 2024.
Charges
A charge registered on 18 Nov 2021 via Charge ID 100509241 with Yes Bank Limited was fully satisfied on 28 Dec 2022.
Charges
A charge registered on 27 Oct 2017 via Charge ID 100144533 with Yes Bank Limited was fully satisfied on 28 Dec 2022.
Charges
A charge with Others amounted to Rs. 140.00 Cr with Charge ID 100570079 was registered on 11 Apr 2022.
Charges
A charge with Yes Bank Limited of Rs. 4.00 Cr registered on 27 Oct 2017 with Charge ID 100144533 was modified on 17 Dec 2021.
Charges
A charge with Yes Bank Limited amounted to Rs. 20.00 Cr with Charge ID 100509241 was registered on 18 Nov 2021.
7 earlier events are in the company report.
News
Frequently asked questions
Kirloskar Solar Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 16 November 2016 (10+ years old) and is registered under CIN U29308PN2016PTC167173.
Kirloskar Solar Technologies has 2 current directors:
- Ashwini Vijay Mali - Additional Director
- George Verghese - Additional Director
The latest financial statements of Kirloskar Solar Technologies on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 28 July 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kirloskar Solar Technologies is 09AAGCK3531R1ZZ, registered in Uttar Pradesh. The company has 9 GST registrations in all, of which 7 are active and 2 are cancelled or inactive. Other active GSTINs include 27AAGCK3531R1Z1 (Maharashtra), 29AAGCK3531R1ZX (Karnataka), 33AAGCK3531R1Z8 (Tamil Nadu).
The CIN (Corporate Identification Number) of Kirloskar Solar Technologies is U29308PN2016PTC167173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kirloskar Solar Technologies was incorporated on 16 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Kirloskar Solar Technologies has 1 deal on record (1 rights issue); the latest was in March 2017.
Ashwini Vijay Mali was appointed as Additional Director on 30 Sep 2025. George Verghese was appointed as Additional Director on 30 Sep 2025. Uday Yeshwant Bhende ceased to be Director on 24 Oct 2017. Kirloskar Solar Technologies has 6 board changes on record in total.
Yes, Kirloskar Solar Technologies is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0086633).
Kirloskar Solar Technologies has 12 MSME Form 1 returns on record between 2019 and 2024, listing 80 overdue payments to 13 micro and small suppliers. The latest return was filed on 26 Apr 2024.
Kirloskar Solar Technologies can be reached through the website kirloskarsolar.com. Its registered office is in Pune, Maharashtra, India.