Medak Solar Projects Private Limited
About Medak Solar Projects Private Limited
Data last updated:
Medak Solar Projects Private Limited is a foreign private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Nereus Capital Investments (Singapore) Pte. Ltd.. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 24 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U74140UP2015FTC208010. Its GSTIN is 09AAJCM8285B1Z6 (Uttar Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.5 Cr and a paid-up capital of ₹2.88 Cr. It is led by directors Jonathan Seth Winer and Kanchan Girish Hoondlani.
Its last annual general meeting (AGM) was held on 11 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Tower C Embassy Galaxy Business Park, Noida, Uttar Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.04 Cr. For the same year it recorded a net loss of ₹3.75 Cr (net margin -53.2%) and EBITDA of ₹88.38 Lakh (EBITDA margin 12.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹1 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address1st Floor Tower C Embassy Galaxy Business Park, Square Pvt Ltd Plot No A 44 And 45, Noida, Uttar Pradesh, India – 201309
- IndustryEnvironment, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Medak Solar Projects Private Limited
The main business activity of Medak Solar Projects is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Medak Solar Projects Private Limited FY 2025 filings available
Medak Solar Projects Private Limited reported revenue of ₹7.04 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR) of Medak Solar Projects Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years. EBITDA rose 120% 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 of Medak Solar Projects Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹88.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.75 Cr | •••• | •••• | •••• | •••• |
| 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 of Medak Solar Projects Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -53.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Medak Solar Projects are in the company report.
Financial statements from FY 2016
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Medak Solar Projects Private Limited
Medak Solar Projects Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mars Solar Aqua 360 Private Limited | ₹7.07 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Coimbatore, Tamil Nadu, India |
| Rinova Solar Power Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | 72.0% | •••• | Noida, Uttar Pradesh, India |
| Jyotikiran Energy Mumbai Private Limited | ₹7.07 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Noida, Uttar Pradesh, India |
| Alten Power Private Limited | ₹7.07 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| Pokaran Solaire Energy Private Limited | ₹7.06 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Medak Solar Projects Private Limited this company | ₹7.04 Cr (FY 2025) | •••• | •••• | •••• | Noida, Uttar Pradesh, India | |
| Sanvi Power Private Limited | ₹7.04 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Karnataka, India |
| Hydroverve Technologies India Private Limited | ₹7.03 Cr (FY 2024) | •••• | •••• | 152.0% | •••• | Gmc, Assam, India |
| Zerach Renewables Energy Private Limited | ₹7.02 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Mumbai, Maharashtra, India |
| Cambria Solar Private Limited | ₹7 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Huvinahadagali, Karnataka, India |
| Baldota Steel and Power Limited | ₹7 Cr (FY 2025) | •••• | •••• | 890.0% | •••• | Hospet, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Medak Solar Projects by revenue in the Cleantech industry (Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Medak Solar Projects Private Limited
Medak Solar Projects has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jonathan Seth Winer Also directs: Dubbak Solar Projects Private Limited | Director | 07 Jul 2015 | 11 Years 3 Months | Current |
| Kanchan Girish Hoondlani Also directs: Dubbak Solar Projects Private Limited, Peg Process Equipment India LLP, British Safety Council (India) LLP and 4 more | Director | 29 May 2023 | 3 Years 4 Months | Current |
Charges & Borrowings of Medak Solar Projects Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jun 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹1 Cr | Open |
Total charge records: 1 View all charges
Legal Cases of Medak Solar Projects Private Limited
Medak Solar Projects Private Limited has 1 court case on record: 1 filed by Medak Solar Projects. All case is disposed. Status as checked on 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| Supreme Court | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed by the company against Southern Power Distribution Company of Telangana Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Medak Solar Projects Private Limited
Medak Solar Projects Private Limited has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Price Waterhouse & Co LLP | •••• | •••• | •••• |
| Photon Energy Systems Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Medak Solar Projects Private Limited
Employment history and EPFO contributions of people linked to Medak Solar Projects.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Medak Solar Projects Private Limited
Medak Solar Projects has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U74140UP2015FTC208010, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140UP2015FTC208010 | Current |
| U74140HR2015FTC067290 | Previous |
| U74140DL2015FTC281935 | Previous |
Recent Activity on Medak Solar Projects Private Limited
Medak Solar Projects Private Limited has 9 board changes on record since 2015: 2 appointments and 7 cessations. The latest: Kanchan Girish Hoondlani ceased to be Additional Director on 28 Sep 2023.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Medak Solar Projects Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Medak Solar Projects Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Medak Solar Projects Private Limited
Medak Solar Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAJCM8285B1Z6 | Uttar Pradesh | Active | 04 Feb 2025 |
| 36AAJCM8285B1Z9 | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Medak Solar Projects Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Medak Solar Projects Private Limited
Medak Solar Projects is an active foreign private limited company based in Noida, Uttar Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 24 June 2015 (11+ years old) and is registered under CIN U74140UP2015FTC208010.
Medak Solar Projects reported revenue of ₹7.04 Cr for FY 2025.
Medak Solar Projects has 2 current directors:
- Jonathan Seth Winer - Director
- Kanchan Girish Hoondlani - Director
Medak Solar Projects reported a net loss of ₹3.75 Cr (net margin -53.2%) and EBITDA of ₹88.38 Lakh (EBITDA margin 12.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Medak Solar Projects is -16% over three years and -1% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Medak Solar Projects is 09AAJCM8285B1Z6, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 36AAJCM8285B1Z9 (Telangana).
The CIN (Corporate Identification Number) of Medak Solar Projects is U74140UP2015FTC208010. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medak Solar Projects has 1 court case on record: 1 filed by the company.
Medak Solar Projects was incorporated on 24 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Medak Solar Projects by revenue are Mars Solar Aqua 360 Private Limited, Rinova Solar Power Private Limited, Jyotikiran Energy Mumbai Private Limited, Alten Power Private Limited, Pokaran Solaire Energy Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Kanchan Girish Hoondlani ceased to be Additional Director on 28 Sep 2023. Kanchan Girish Hoondlani was appointed as Director on 29 May 2023. Bhupender Sharma ceased to be Additional Director on 25 Oct 2021. Medak Solar Projects has 9 board changes on record in total.
Medak Solar Projects has 3 MSME Form 1 returns on record between 2020 and 2022, listing 3 overdue payments to 2 micro and small suppliers. The latest return was filed on 29 Oct 2022.