MSD Solar Private Limited
About MSD Solar Private Limited
Data last updated:
MSD Solar Private Limited is a private limited company based in Noida, Uttar Pradesh, India, a subsidiary of Oriana Power Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U40108UP2020PTC135098. Its GSTIN is 09AANCM8426A1ZD (Uttar Pradesh).
The company has an authorised share capital of ₹1.17 Cr and a paid-up capital of ₹1.17 Cr. It is led by directors Arvind Kumar Sharma and Shubham Kumar Karn.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 202 – 203 Udyog Kendra Extn – II Greater Noida, Uttar Pradesh, India – 201306.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.34 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹51.33 Lakh (net margin 104%) and EBITDA of ₹47.58 Lakh (EBITDA margin 96.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
As per MCA filings, the company has open charges of ₹2.6 Cr on record.
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- Registered Address202 – 203 Udyog Kendra Extn – II Greater Noida, Uttar Pradesh, India – 201306
- 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 MSD Solar Private Limited
The main business activity of MSD Solar 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 MSD Solar Private Limited FY 2025 filings available
MSD Solar Private Limited reported revenue of ₹49.34 Lakh (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MSD Solar Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 3% fall in the latest year. EBITDA fell 3% 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 MSD Solar 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 | ₹47.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹51.33 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 of MSD Solar Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 96.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 104% | •••• | •••• | •••• | •••• |
| 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 MSD Solar are in the company report.
Financial statements from FY 2021
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 MSD Solar Private Limited
MSD Solar 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 |
|---|---|---|---|---|---|---|
| Adani Green Energy Twenty Four C Limited | ₹51 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Vidishag Electrical and Solar Power Solution Private Limited | ₹50.82 Lakh (FY 2024) | •••• | •••• | 161.0% | •••• | Nagpur, Maharashtra, India |
| Dharigaon Solar Power Private Limited | ₹49.92 Lakh (FY 2025) | •••• | •••• | 19.0% | •••• | Dehradun, Uttarakhand, India |
| Oppl Teln SPV Private Limited | ₹49.86 Lakh (FY 2025) | •••• | •••• | 4.0% | •••• | Noida, Uttar Pradesh, India |
| Rap Solar Private Limited | ₹49.52 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Delhi, India |
| MSD Solar Private Limited this company | ₹49.34 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | Noida, Uttar Pradesh, India |
| Aarna Renewable Sciences Private Limited | ₹49.01 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Kashipur, Uttarakhand, India |
| Sunwaves Globalshine Solar Solutions Private Limited | ₹48.94 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Jaipur, Rajasthan, India |
| Sirar Dhotre Solar Private Limited | ₹48.83 Lakh (FY 2025) | •••• | •••• | -25.0% | •••• | Bangalore, Karnataka, India |
| Nature2nature Ecosystem Private Limited | ₹48.55 Lakh (FY 2019) | •••• | •••• | -18.0% | •••• | Kochi, Kerala, India |
| Sonadevi Solar Power Energy Private Limited | ₹48.49 Lakh (FY 2025) | •••• | •••• | •••• | Bikaner, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below MSD Solar 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.
Auditor Details of MSD Solar Private Limited
MSD Solar Private Limited is audited by S J C & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S J C & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MSD Solar Private Limited
MSD Solar has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arvind Kumar Sharma Also directs: Truere Guj SPV Private Limited, Truere Ocean Private Limited, Truere International Private Limited and 5 more | Director | 23 Dec 2024 | 1 Years 9 Months | Current |
| Shubham Kumar Karn Also directs: Truere Guj SPV Private Limited, Truere Ocean Private Limited, Truere International Private Limited and 5 more | Director | 23 Dec 2024 | 1 Years 9 Months | Current |
Ownership and Shareholding of MSD Solar Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MSD Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Feb 2021 | State Bank of India | ₹2.6 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at MSD Solar Private Limited
Employment history and EPFO contributions of people linked to MSD Solar.
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.
Recent Activity on MSD Solar Private Limited
MSD Solar Private Limited has 8 board changes on record since 2020: 5 appointments and 3 cessations. The latest: Anirudh Saraswat ceased to be Director on 24 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for MSD Solar 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.
MSME Payment Delays by MSD Solar Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MSD Solar 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 MSD Solar Private Limited
MSD Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AANCM8426A1ZD | Uttar Pradesh | Active | 13 Oct 2020 |
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 MSD Solar 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 MSD Solar Private Limited
MSD Solar is an active private limited company based in Noida, Uttar Pradesh, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 23 September 2020 (6+ years old) and is registered under CIN U40108UP2020PTC135098.
MSD Solar reported revenue of ₹49.34 Lakh for FY 2025 (down 3% YoY).
MSD Solar has 2 current directors:
- Arvind Kumar Sharma - Director
- Shubham Kumar Karn - Director
MSD Solar reported a net profit of ₹51.33 Lakh (net margin 104%) and EBITDA of ₹47.58 Lakh (EBITDA margin 96.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MSD Solar is -1% over three years. In the latest year (FY 2025) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MSD Solar is 09AANCM8426A1ZD, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of MSD Solar is U40108UP2020PTC135098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSD Solar was incorporated on 23 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of MSD Solar by revenue are Adani Green Energy Twenty Four C Limited, Vidishag Electrical and Solar Power Solution Private Limited, Dharigaon Solar Power Private Limited, Oppl Teln SPV Private Limited, Rap Solar Private Limited and 5 more, all in the Cleantech industry (Solar Power).
Anirudh Saraswat ceased to be Director on 24 Dec 2024. Rupal Gupta ceased to be Director on 24 Dec 2024. Arvind Kumar Sharma was appointed as Director on 23 Dec 2024. MSD Solar has 8 board changes on record in total.
The registered office of MSD Solar is at 202 – 203 Udyog Kendra Extn – II Greater Noida, Uttar Pradesh, India – 201306.