
About Kovai Solar Power Private Limited
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Kovai Solar Power Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51909TZ2017PTC028685. Its GSTIN is 33AAGCK5196C1ZM (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 including Arunachalam Karthikeyan and Kamasamy Rukmani.
Its last annual general meeting (AGM) was held on 02 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 101 – A Block Palm Court Thasami Park Residnecy Singanallur, Coimbatore, Tamil Nadu, India – 641005.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.35 Cr, a decline of 84% compared to the previous year. For the same year it recorded a net profit of ₹36.78 Lakh (net margin 8.5%) and EBITDA of ₹68.19 Lakh (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 30% over three years and 58% over five years.
The company is associated with 1 brand: Kovai Solar. As per MCA filings, the company has open charges of ₹1.3 Cr on record.
Kovai Solar Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-03-0110917). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kovaisolar.com.
Company details
Recognitions & Rankings of Kovai Solar Power
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-03-0110917
Contact details
Kovai Solar Power Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is kovaisolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address101 – A Block Palm Court Thasami Park Residnecy Singanallur, Coimbatore, Tamil Nadu, India – 641005
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Kovai Solar Power 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
Brands
Kovai Solar Power operates one associated brand: Kovai Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Develops solar power systems for homes, businesses, and large-scale projects. | kovaisolar.com |
Business activity
The main business activity of Kovai Solar Power is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Kovai Solar Power Private Limited, buy the company report.
Financials of Kovai Solar Power Private Limited
FY 2025 filings availableKovai Solar Power Private Limited reported revenue of ₹4.35 Cr (down 84% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 84% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 58%. EBITDA rose 804% 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 | ₹68.19 Lakh | ||||
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| Net Profit (PAT) | ₹36.78 Lakh | ||||
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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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| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 8.5% | ||||
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To see the full financial statements and ratios of Kovai Solar Power Private Limited, buy the company report.
Board of directors of Kovai Solar Power Private Limited
Kovai Solar Power has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arunachalam Karthikeyan | Director | 14 Jun 2023 | 3 Years 4 Months | Current |
| Kamasamy Rukmani | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Udayappa Gounder Arunachalam | Director | 24 Mar 2017 | 9 Years 7 Months | Current |
| Palaniswami Venkatesh Ram | Director | 16 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Kovai Solar Power Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Electronic Appliances Retail and Distribution, Power Projects, Solar Power), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nano Sciences and Ozone Technologies Private Limited | ₹4.36 Cr (FY 2019) | -6.0% | Bangalore, Karnataka, India | |||
| Megha Kitchen and Home Appliances Private Limited | ₹4.35 Cr (FY 2025) | 18.0% | Delhi, India | |||
| Kovai Solar Power Private Limitedthis company | ₹4.35 Cr (FY 2025) | ₹36.78 Lakh | 8.5% | -84.0% | Coimbatore, Tamil Nadu, India | |
| Kimax Controls Private Limited | ₹4.35 Cr (FY 2024) | 20.0% | New Delhi, Delhi, India | |||
| Zytech Solar India Private Limited | ₹4.34 Cr (FY 2025) | -17.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Kovai Solar Power Private Limited, buy the company report.
Auditor
Kovai Solar Power Private Limited is audited by VEKAM AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEKAM AND ASSOCIATES | FY 2023 | 05256S |
Shareholding
The shareholding of Kovai Solar Power 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Kovai Solar Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2024 | 100878897 | State Bank of India | ₹1.3 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Kovai Solar Power 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
No delayed payments to MSME suppliers are on our record for Kovai Solar Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Kovai Solar Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAGCK5196C1ZM | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Kovai Solar Power Private Limited, buy the company report.
Recent activity
Kovai Solar Power Private Limited has 8 board changes on record since 2017: 4 appointments and 4 cessations. The latest: Palaniswami Venkatesh Ram ceased to be Additional Director on 29 Sep 2025.
Frequently asked questions
Kovai Solar Power is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 March 2017 (9+ years old) and is registered under CIN U51909TZ2017PTC028685.
Kovai Solar Power has 4 current directors:
- Arunachalam Karthikeyan - Director
- Kamasamy Rukmani - Director
- Udayappa Gounder Arunachalam - Director
- Palaniswami Venkatesh Ram - Director
The latest financial statements of Kovai Solar Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 02 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Kovai Solar Power is 33AAGCK5196C1ZM, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Kovai Solar Power is U51909TZ2017PTC028685. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kovai Solar Power was incorporated on 24 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Kovai Solar Power by revenue are Nano Sciences and Ozone Technologies Private Limited, Megha Kitchen and Home Appliances Private Limited, Kimax Controls Private Limited, Zytech Solar India Private Limited, all in the Infrastructure industry (Electronic Appliances Retail and Distribution, Power Projects, Solar Power), with the same principal business activity (wholesale trading).
Palaniswami Venkatesh Ram ceased to be Additional Director on 29 Sep 2025. Kamasamy Rukmani ceased to be Director on 16 Aug 2024. Palaniswami Venkatesh Ram was appointed as Director on 16 Aug 2024. Kovai Solar Power has 8 board changes on record in total.
Yes, Kovai Solar Power is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Kovai Solar Power is registered as a micro enterprise under Udyam registration (number: UDYAM-TN-03-0110917).
Kovai Solar Power can be reached through the website kovaisolar.com. Its registered office is in Coimbatore, Tamil Nadu, India.