DPIIT recognised startup Government of India
Startup India
Mithran Solar Private Limited
Mithran Solar Private Limited - environment in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹5.67 Cr
▲ 82% YoY
Net profit · FY 2025
₹32.78 Lakh
Net margin 5.8%
EBITDA · FY 2025
₹5.2 Cr
EBITDA margin 91.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹20.78 Cr
Secured borrowings
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
About Mithran Solar Private Limited
Data last updated:
Mithran Solar Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 24 November 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40300TN2021PTC148121. Its GSTIN is 33AAPCM2113G1ZS (Tamil Nadu).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Kannammal (Managing Director) and Balachander Jeyabalan.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at New No. 23 Old No. 14/3 Jaganatha Nagar 2nd Main Road Arumbakkam, Chennai, Tamil Nadu, India – 600106.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.67 Cr, a growth of 82% compared to the previous year. For the same year it recorded a net profit of ₹32.78 Lakh (net margin 5.8%) and EBITDA of ₹5.2 Cr (EBITDA margin 91.6%).
As per MCA filings, the company has open charges of ₹20.78 Cr on record.
Mithran Solar Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0116443).
Company details
CIN U40300TN2021PTC148121
Registration Number 148121
Incorporation Date 24 November 2021
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 01 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-TN-02-0116443
Key People
Kannammal Managing Director Balachander Jeyabalan Director Jeyabalan Chandrakantha Director Recognitions & Rankings of Mithran Solar
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-TN-02-0116443
Contact details
Mithran Solar Private Limited's registered office is in Chennai, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNew No. 23 Old No. 14/3 Jaganatha Nagar 2nd Main Road Arumbakkam, Chennai, Tamil Nadu, India – 600106
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Mithran Solar Private Limited, buy the company report.
Comprehensive company report
Mithran Solar 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 Mithran Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Mithran Solar Private Limited, buy the company report.
Financials of Mithran Solar Private Limited
FY 2025 filings availableMithran Solar Private Limited reported revenue of ₹5.67 Cr (up 82% YoY) for FY 2025.
Revenue · FY 2025
₹5.67 Cr ▲ 82%
Net profit · FY 2025
₹32.78 Lakh margin 5.8%
EBITDA · FY 2025
₹5.2 Cr margin 91.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 82%
EBITDA CAGR growth
1 year
▲ 80%
3 years · compounded
▲ 684%
Revenue rose 82% in the latest year. EBITDA rose 80% 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 |
|---|---|---|---|---|
| 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 | ₹5.2 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹32.78 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 91.6% | |||
| Net Profit Margin | 5.8% | |||
| 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 Mithran Solar Private Limited, buy the company report.
Board of directors of Mithran Solar Private Limited
Mithran Solar has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balachander Jeyabalan Also directs: Pagalavan Solar Private Limited, Pagalavan Trading Private Limited, Atmosphere Projects LLP and 4 more | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
| Jeyabalan Chandrakantha Also directs: Jwaala Solar Private Limited, Pagalavan Infotech Private Limited | Director | 24 Nov 2021 | 4 Years 11 Months | Current |
| Kannammal Also directs: Jwaala Solar Private Limited, Pagalavan Solar Private Limited, Pagalavan Trading Private Limited and 2 more | Managing Director | 24 Nov 2021 | 4 Years 11 Months | Current |
Auditor
Mithran Solar Private Limited is audited by RAVICHANDRAN SUBRAMANIAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAVICHANDRAN SUBRAMANIAN & CO | FY 2022 | 018852S |
Shareholding
The shareholding of Mithran Solar Private Limited is on record for FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Mithran Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.78 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 May 2022 | 100579496 | Others | ₹20.78 Cr | Open |
To see the full charge records of Mithran Solar Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Mithran Solar 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 Mithran Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mithran Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAPCM2113G1ZS | Tamil Nadu | Active | 10 Dec 2021 |
To see the full GST registrations and return filing status of Mithran Solar Private Limited, buy the company report.
Recent activity
Mithran Solar Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Balachander Jeyabalan was appointed as Director on 24 Nov 2021.
AGM
Mithran Solar Private Limited last Annual general meeting of members was held on 01 Sep 2025 as per latest MCA records.
Filing
Mithran Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others of Rs. 20.78 Cr registered on 16 May 2022 with Charge ID 100579496 was modified on 26 Mar 2025.
Charges
A charge with Others amounted to Rs. 20.78 Cr with Charge ID 100579496 was registered on 16 May 2022.
Appointed
Balachander Jeyabalan was appointed as Director.
Appointed
Jeyabalan Chandrakantha was appointed as Director.
Appointed
Kannammal was appointed as Managing Director.
Incorporation
24 Nov 2021
Mithran Solar Private Limited was registered on 24 Nov 2021 with Roc Chennai & aged 4 years 11 months as per MCA records.
Frequently asked questions
Mithran Solar is an active private limited company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 24 November 2021 (5+ years old) and is registered under CIN U40300TN2021PTC148121.
Mithran Solar has 3 current directors:
- Kannammal - Managing Director
- Balachander Jeyabalan - Director
- Jeyabalan Chandrakantha - Director
The latest financial statements of Mithran Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 September 2025. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Mithran Solar is 33AAPCM2113G1ZS, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Mithran Solar is U40300TN2021PTC148121. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mithran Solar was incorporated on 24 November 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Balachander Jeyabalan was appointed as Director on 24 Nov 2021. Jeyabalan Chandrakantha was appointed as Director on 24 Nov 2021. Kannammal was appointed as Managing Director on 24 Nov 2021.
Yes, Mithran Solar is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Mithran Solar is registered as a medium enterprise under Udyam registration (number: UDYAM-TN-02-0116443).
The registered office of Mithran Solar is at New No. 23 Old No. 143 Jaganatha Nagar 2nd Main Road Arumbakkam, Chennai, Tamil Nadu, India – 600106.
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