M J Solartech Private Limited

M J Solartech Private Limited - electrical in Thane, Maharashtra, India. FY 2026 financials & compliance.
CIN U31200MH2021PTC353506 Incorporated 14 January 2021 ROC Mumbai HQ Thane, Maharashtra, India
Active Private Limited Company electrical
Data last updated
Revenue · FY 2023
₹15.91 Lakh
▲ 490% YoY
Net profit · FY 2023
₹37,282
Net margin 2.3%
EBITDA · FY 2023
₹55,411
EBITDA margin 3.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About M J Solartech Private Limited

Data last updated:

M J Solartech Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electricity distribution and control apparatus segment of the electrical equipment sector. It was incorporated on 14 January 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31200MH2021PTC353506. Its GSTIN is 27AAOCM2122Q1Z0 (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Melron Jacob Almeida and Matilda Jacob Almeida.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Alisha House No.4 Uttan Church Road Bhayander (West), Thane, Maharashtra, India – 401106.

As per the financials filed for FY 2023, the company reported a revenue of ₹15.91 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹37,282 (net margin 2.3%) and EBITDA of ₹55,411 (EBITDA margin 3.5%).

For more details, the company can be reached via its website mjsolartech.com.

Company details

CIN U31200MH2021PTC353506
Registration Number 353506
Incorporation Date 14 January 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023

Contact details

M J Solartech Private Limited's registered office is in Thane, Maharashtra. Its website is mjsolartech.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Alisha House No.4 Uttan Church Road Bhayander (West), Thane, Maharashtra, India – 401106
  • Industry
    Electrical, Electricity Distribution And Control Apparatus, Manufacturing

To see the full contact details of M J Solartech Private Limited, buy the company report.

Comprehensive company report
M J Solartech 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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Business activity

The main business activity of M J Solartech is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of M J Solartech Private Limited, buy the company report.

Financials of M J Solartech Private Limited

FY 2023 filings available

M J Solartech Private Limited reported revenue of ₹15.91 Lakh (up 490% YoY) for FY 2023.

Revenue · FY 2023
₹15.91 Lakh ▲ 490%
Net profit · FY 2023
₹37,282 margin 2.3%
EBITDA · FY 2023
₹55,411 margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 490%
EBITDA CAGR growth
1 year
▲ 27%

Revenue rose 490% in the latest year. EBITDA rose 27% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2022-23FY 2021-22FY 2020-21
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₹55,411
Profit Before Tax
Tax Expense
Net Profit (PAT)₹37,282
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 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.5%
Net Profit Margin2.3%
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 M J Solartech Private Limited, buy the company report.

Board of directors of M J Solartech Private Limited

M J Solartech has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Melron Jacob AlmeidaDirector14 Jan 20215 Years 9 MonthsCurrent
Matilda Jacob AlmeidaDirector14 Jan 20215 Years 9 MonthsCurrent

Peer comparison

M J Solartech Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
E Daddy Energy Private Limited₹16.21 Lakh (FY 2025)15.0%Chennai, Tamil Nadu, India
Meenakshi North East Power Private Limited₹16.15 Lakh (FY 2025)-4.0%Hyderabad, Telangana, India
Prisma Renewable Energy Private Limited₹16.1 Lakh (FY 2024)-29.0%Bhopal, Madhya Pradesh, India
Ecosustainable Living Technologies Private Limited₹16.09 Lakh (FY 2016)135.0%Puttaparthi, Telangana, India
PB Infra & Power Solutions Private Limited₹15.98 Lakh (FY 2017)4139.0%New Delhi, Delhi, India
M J Solartech Private Limitedthis company₹15.91 Lakh (FY 2023)₹37,2822.3%490.0%Thane, Maharashtra, India
Gangay Energy Private Limited₹15.83 Lakh (FY 2025)-53.0%Bhatwari Raod, Uttarakhand, India
Navmukta Electricals Services Private Limited₹15.82 Lakh (FY 2025)-84.0%Nalanda, Bihar, India
Aan Solar Private Limited₹15.81 Lakh (FY 2025)-5.0%Delhi, India
St. Xavier Power Private Limited₹15.66 Lakh (FY 2025)48.0%Chennai, Tamil Nadu, India
Garda Solar Private Limited₹15.65 Lakh (FY 2025)114.0%Gurgaon, Haryana, India

To see the full peer comparison of M J Solartech Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

M J Solartech Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

M J Solartech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAOCM2122Q1Z0MaharashtraActive02 Feb 2021

To see the full GST registrations and return filing status of M J Solartech Private Limited, buy the company report.

Recent activity

M J Solartech Private Limited has 3 board changes on record since 2021: 2 appointments and 1 cessation. The latest: Melron Jacob Almeida ceased to be Director on 28 Sep 2022.

AGM
M J Solartech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
M J Solartech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai Ii.
Ceased
Melron Jacob Almeida ceased to be Director.
Appointed
Matilda Jacob Almeida was appointed as Director.
Appointed
Melron Jacob Almeida was appointed as Director.
Incorporation
14 Jan 2021
M J Solartech Private Limited was registered on 14 Jan 2021 with Roc Mumbai Ii & aged 5 years 9 months as per MCA records.

Frequently asked questions

M J Solartech is an active private limited company based in Thane, Maharashtra, India. The company works in electricity distribution and control apparatus, within the electrical industry. It was incorporated on 14 January 2021 (5+ years old) and is registered under CIN U31200MH2021PTC353506.

M J Solartech has 2 current directors:

The latest financial statements of M J Solartech on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2021 are in the company report.

The GSTIN of M J Solartech is 27AAOCM2122Q1Z0, registered in Maharashtra.

The CIN (Corporate Identification Number) of M J Solartech is U31200MH2021PTC353506. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

M J Solartech was incorporated on 14 January 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of M J Solartech by revenue are E Daddy Energy Private Limited, Meenakshi North East Power Private Limited, Prisma Renewable Energy Private Limited, Ecosustainable Living Technologies Private Limited, PB Infra & Power Solutions Private Limited and 5 more, all in the same principal business activity (electric power generation, transmission and distribution).

Melron Jacob Almeida ceased to be Director on 28 Sep 2022. Matilda Jacob Almeida was appointed as Director on 14 Jan 2021. Melron Jacob Almeida was appointed as Director on 14 Jan 2021.

M J Solartech can be reached through the website mjsolartech.com. Its registered office is in Thane, Maharashtra, India.

The registered office of M J Solartech is at Alisha House No.4 Uttan Church Road Bhayander West, Thane, Maharashtra, India – 401106.

M J Solartech operates in the electrical industry, in the electricity distribution and control apparatus segment.