- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-26-0051769

About Ksolare Energy Private Limited
Data last updated:
Ksolare Energy Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 01 August 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40106PN2012PTC144238. Its GSTIN is 27AAFCK3043H1ZO (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Sunil Vasant Sinnarkar and Navjyot Anil Sinnarkar.
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 25/315 Netaji Nagar Wanawadi, Pune, Maharashtra, India – 411040.
As per the financials filed for FY 2025, the company reported a revenue of ₹344.34 Cr, a growth of 51% compared to the previous year. For the same year it recorded a net profit of ₹23.62 Cr (net margin 6.9%) and EBITDA of ₹32.51 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years and 52% over five years.
The company has about 37 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ksolare Energy. As per MCA filings, the company has open charges of ₹55 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in October 2025. Its 5 peer companies in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 3 smaller; the largest is Ifb Refrigeration Limited with revenue of ₹354.26 Cr.
Ksolare Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0051769). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ksolare.com.
Company details
Recognitions & Rankings of Ksolare Energy
Contact details
Ksolare Energy Private Limited's registered office is in Pune, Maharashtra. Its website is ksolare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address25/315 Netaji Nagar Wanawadi, Pune, Maharashtra, India – 411040
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Ksolare Energy 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
Ksolare Energy operates one associated brand: Ksolare Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar inverters and EV chargers for renewable energy solutions. | ksolare.com |
Business activity
The main business activity of Ksolare Energy 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 Ksolare Energy Private Limited, buy the company report.
Financials of Ksolare Energy Private Limited
FY 2025 filings availableKsolare Energy Private Limited reported revenue of ₹344.34 Cr (up 51% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 51% growth in the latest year. EBITDA rose 13% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹344.34 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹32.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.62 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 6.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Ksolare Energy Private Limited, buy the company report.
Board of directors of Ksolare Energy Private Limited
Ksolare Energy has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Vasant Sinnarkar Also directs: Rida Energy Private Limited | Director | 01 Aug 2012 | 14 Years 3 Months | Current |
| Navjyot Anil Sinnarkar | Director | 03 Nov 2020 | 6 Years 0 Months | Current |
| Kshitija Sunil Sinnarkar | Director | 14 Aug 2024 | 2 Years 2 Months | Current |
Peer comparison
Ksolare Energy Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ifb Refrigeration Limited | ₹354.26 Cr (FY 2025) | 118.0% | Southgoa, Goa, India | |||
| Tianyin Worldtech India Private Limited | ₹352.48 Cr (FY 2025) | 49.0% | New Delhi, Delhi, India | |||
| Ksolare Energy Private Limitedthis company | ₹344.34 Cr (FY 2025) | ₹23.62 Cr | 6.9% | 51.0% | 37 | Pune, Maharashtra, India |
| Mobase India Private Limited | ₹339.78 Cr (FY 2025) | -38.0% | Greater Noida, Uttar Pradesh, India | |||
| Micro Precession Private Limited | ₹334.54 Cr (FY 2024) | 33.0% | New Delhi, Delhi, India | |||
| Panasonic Appliances India Company Limited | ₹331.7 Cr (FY 2025) | 0.0% | Tamil Nadu, India |
To see the full peer comparison of Ksolare Energy Private Limited, buy the company report.
Auditor
Ksolare Energy Private Limited is audited by Harshad Sharad Shinde for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Harshad Sharad Shinde | FY 2023 | 136733 |
Shareholding
The shareholding of Ksolare Energy 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 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ksolare Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101171497 | Others | ₹25 Cr | Open | |
| 10 Oct 2023 | 100806911 | Standard Chartered Bank | ₹25 Cr | Open | |
| 04 Feb 2021 | 100418121 | Standard Chartered Bank | ₹5 Cr | Open | |
| 09 Mar 2021 | 100425027 | Axis Bank Limited | ₹1 Cr | Satisfied | |
| 16 Mar 2018 | 100162724 | Others | ₹50 Lakh | Satisfied |
To see the full charge records of Ksolare Energy Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Ksolare Energy Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in October 2025.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2025 | Acquisition | ₹170 Cr | Buyer: Premier Energies Limited , Syrma SGS Technology Limited |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ksolare Energy Private Limited has 2 court cases on record: 2 filed by Ksolare Energy. All cases are pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 2 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed by the company against Reecco Energy India Private Limited and 2 others | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
To see the full case history of Ksolare Energy 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 Ksolare Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ksolare Energy Private Limited has a workforce of 37 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Ksolare Energy has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCK3043H1ZO | Maharashtra | Active | 01 Jul 2017 |
| 32AAFCK3043H1ZX | Kerala | Active | 25 Oct 2023 |
| 24AAFCK3043H1ZU | Gujarat | Active | 29 Jul 2025 |
To see the full GST registrations and return filing status of Ksolare Energy Private Limited, buy the company report.
Recent activity
Ksolare Energy Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Kshitija Sunil Sinnarkar was appointed as Director on 14 Aug 2024.
10 earlier events are in the company report.
Frequently asked questions
Ksolare Energy is an active private limited company based in Pune, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 01 August 2012 (14+ years old) and is registered under CIN U40106PN2012PTC144238.
Ksolare Energy has 3 current directors:
- Sunil Vasant Sinnarkar - Director
- Navjyot Anil Sinnarkar - Director
- Kshitija Sunil Sinnarkar - Director
The latest financial statements of Ksolare Energy 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 2015 are in the company report.
The GSTIN of Ksolare Energy is 27AAFCK3043H1ZO, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 32AAFCK3043H1ZX (Kerala), 24AAFCK3043H1ZU (Gujarat).
The CIN (Corporate Identification Number) of Ksolare Energy is U40106PN2012PTC144238. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ksolare Energy has 2 court cases on record: 2 filed by the company. 2 are pending.
Ksolare Energy was incorporated on 01 August 2012, making it 14+ years old. It is registered with the Registrar of Companies, Pune.
Ksolare Energy has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in October 2025.
The peers of Ksolare Energy by revenue are Ifb Refrigeration Limited, Tianyin Worldtech India Private Limited, Mobase India Private Limited, Micro Precession Private Limited, Panasonic Appliances India Company Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Kshitija Sunil Sinnarkar was appointed as Director on 14 Aug 2024. Navjyot Anil Sinnarkar ceased to be Additional Director on 31 Dec 2020. Navjyot Anil Sinnarkar was appointed as Director on 03 Nov 2020. Ksolare Energy has 9 board changes on record in total.
Yes, Ksolare Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-26-0051769).

