Kothari Solar Systems Private Limited
About Kothari Solar Systems Private Limited
Data last updated:
Kothari Solar Systems Private Limited was a private limited company based in Jaipur, Rajasthan, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 21 August 2012.
The company was registered with the Registrar of Companies (ROC), Jaipur, under CIN U40106RJ2012PTC039841. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹18 Lakh. It was led by directors including Vaibhav Garg and Rajni Garg.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at S – 88 Barkat Nagar Tonk Phatak Ward No.41, Jaipur, Rajasthan, India – 302015.
As per the financials filed for FY 2018, the company reported a revenue of ₹5.14 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹27 Lakh (net margin 5.2%) and EBITDA of ₹37.83 Lakh (EBITDA margin 7.4%).
Court records list 1 case involving the company, including 1 filed against it; 1 case is pending.
Company details
Contact details
Kothari Solar Systems Private Limited's registered office is in Jaipur, Rajasthan. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressS – 88 Barkat Nagar Tonk Phatak Ward No.41, Jaipur, Rajasthan, India – 302015
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Kothari Solar Systems 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
Business activity
The main business activity of Kothari Solar Systems is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Kothari Solar Systems Private Limited, buy the company report.
Financials of Kothari Solar Systems Private Limited
FY 2018 filings availableKothari Solar Systems Private Limited reported revenue of ₹5.14 Cr (down 16% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 16% in the latest year. EBITDA rose 271% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹5.14 Cr | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹37.83 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹27 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 7.4% | |||
| Net Profit Margin | 5.2% | |||
| 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 Kothari Solar Systems Private Limited, buy the company report.
Board of directors of Kothari Solar Systems Private Limited
Kothari Solar Systems has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vaibhav Garg | Director | 21 Aug 2012 | 14 Years 2 Months | As last reported |
| Rajni Garg | Director | 21 Aug 2012 | 14 Years 2 Months | As last reported |
| Santosh | Director | 21 Aug 2012 | 14 Years 2 Months | As last reported |
| Radhey Shyam Garg | Director | 21 Aug 2012 | 14 Years 2 Months | As last reported |
| Sonika Goyal | Director | 21 Aug 2012 | 14 Years 2 Months | As last reported |
Peer comparison
Kothari Solar Systems Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| FP West Solar Private Limited | ₹5.19 Cr (FY 2025) | 2.0% | Hyderabad, Telangana, India | |||
| Sri Pavan Energy Private Limited | ₹5.17 Cr (FY 2025) | -1.0% | Secunderabad, Telangana, India | |||
| Kothari Solar Systems Private Limitedthis company | ₹5.14 Cr (FY 2018) | ₹27 Lakh | 5.2% | -16.0% | Jaipur, Rajasthan, India | |
| N K C M Developers Private Limited | ₹5.11 Cr (FY 2025) | -4.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Kothari Solar Systems Private Limited, buy the company report.
Auditor
Kothari Solar Systems Private Limited is audited by SHARIQ & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHARIQ & ASSOCIATES | FY 2018 | 013052C |
Shareholding
The shareholding of Kothari Solar Systems Private Limited is on record for 4 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Kothari Solar Systems Private Limited, buy the company report.
Legal cases
Kothari Solar Systems Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jaipur Metro I, Rajasthan | Criminal case | Filed against the company by an individual | Pending |
To see the full case history of Kothari Solar Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Kothari Solar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kothari Solar Systems 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 Kothari Solar Systems Private Limited, buy the company report.
Recent activity
Kothari Solar Systems Private Limited has 6 board changes on record since 2012: 5 appointments and 1 cessation. The latest: Anand Garg ceased to be Director on 08 Dec 2017.
Frequently asked questions
Kothari Solar Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Kothari Solar Systems was a private limited company based in Jaipur, Rajasthan, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 21 August 2012 and is registered under CIN U40106RJ2012PTC039841. The company has been struck off by the Registrar of Companies and is no longer operational.
Kothari Solar Systems had 5 directors:
- Vaibhav Garg - Director
- Rajni Garg - Director
- Santosh - Director
- Radhey Shyam Garg - Director
- Sonika Goyal - Director
The CIN (Corporate Identification Number) of Kothari Solar Systems is U40106RJ2012PTC039841. 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 Kothari Solar Systems is at S – 88 Barkat Nagar Tonk Phatak Ward No.41, Jaipur, Rajasthan, India – 302015.
Kothari Solar Systems was incorporated on 21 August 2012. It is registered with the Registrar of Companies, Jaipur.
The latest financial statements of Kothari Solar Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Kothari Solar Systems has 1 GST registration on record and it is cancelled or inactive.
Kothari Solar Systems operated in the environment industry, in the solar energy solutions segment. It worked in this industry before it was struck off.
The peers of Kothari Solar Systems by revenue are FP West Solar Private Limited, Sri Pavan Energy Private Limited, N K C M Developers Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kothari Solar Systems has 1 court case on record: 1 filed against it. 1 is pending.