MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0168692
MSPL Unit 1 Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.49 Cr
▼ 11% YoY
Net loss · FY 2025
₹9.35 Lakh
Net margin -6.3%
EBITDA · FY 2025
₹1.35 Cr
EBITDA margin 90.5%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.4 Cr
Issued & subscribed
Open charges
₹13 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
3
As per MCA filings
About MSPL Unit 1 Limited
Data last updated:
MSPL Unit 1 Limited is a public limited company based in Pune, Maharashtra, India, a subsidiary of Mitcon Sun Power Limited. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 18 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U40108PN2020PLC197009. Its GSTIN is 27AAOCM1403G1ZN (Maharashtra).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.4 Cr. It is led by directors including Ankita Agarwal and Harshad Vijay Joshi.
Its last annual general meeting (AGM) was held on 18 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.49 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹9.35 Lakh (net margin -6.3%) and EBITDA of ₹1.35 Cr (EBITDA margin 90.5%). Revenue has grown at a compounded annual rate (CAGR) of 141% over three years.
As per MCA filings, the company has open charges of ₹13 Cr on record.
MSPL Unit 1 Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0168692). For more details, the company can be reached via its website mitconindia.com.
Company Details of MSPL Unit 1 Limited
CIN U40108PN2020PLC197009
Registration Number 197009
Incorporation Date 18 December 2020
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 18 July 2025
Date of Balance Sheet 31 March 2025
Parent Company Mitcon Sun Power Limited
MSME Classification Small
Udyam Registration UDYAM-MH-26-0168692
Key People
Ankita Agarwal Director Harshad Vijay Joshi Director Gaurav Vishvasrao Chaudhari Director Recognitions & Rankings of MSPL Unit 1
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social Media
- Registered Address1st Floor Kubera Chambers Shivaji Nagar, Pune, Maharashtra, India – 411005
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
Comprehensive company report
MSPL Unit 1 Limited - one report that includes everything
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Business Activity of MSPL Unit 1 Limited
The main business activity of MSPL Unit 1 is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of MSPL Unit 1 Limited FY 2025 filings available
MSPL Unit 1 Limited reported revenue of ₹1.49 Cr (down 11% YoY) for FY 2025.
Revenue · FY 2025
₹1.49 Cr ▼ 11%
Net loss · FY 2025
₹9.35 Lakh margin -6.3%
EBITDA · FY 2025
₹1.35 Cr margin 90.5%
Compounded Annual Growth Rate (CAGR) of MSPL Unit 1 Limited
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▲ 141%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 180%
Revenue fell 11% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 141%. EBITDA fell 10% 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 MSPL Unit 1 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 | ₹1.35 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.35 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 MSPL Unit 1 Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 90.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -6.3% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 MSPL Unit 1 are in the company report.
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Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of MSPL Unit 1 Limited
MSPL Unit 1 has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankita Agarwal | Director | 18 Dec 2020 | 5 Years 10 Months | Current |
| Harshad Vijay Joshi | Director | 18 Dec 2020 | 5 Years 10 Months | Current |
| Gaurav Vishvasrao Chaudhari Also directs: MSPL Unit 2 Limited, Krishna Windfarms Developers Private Limited, MSPL Unit 3 Limited and 3 more | Director | 13 May 2025 | 1 Years 5 Months | Current |
Peer Comparison of MSPL Unit 1 Limited
MSPL Unit 1 Limited is compared with the companies closest to it by revenue in the Cleantech industry (EPC, BoP and BTG, 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 |
|---|---|---|---|---|---|---|
| Smartflow Engineering Services Private Limited | ₹1.5 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ampleton Power Solutions Private Limited | ₹1.5 Cr (FY 2024) | •••• | •••• | 168.0% | •••• | Kurnool, Andhra Pradesh, India |
| Ramavari Power Private Limited | ₹1.5 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mysore, Karnataka, India |
| Kaze Renewables Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | 703.0% | •••• | Mumbai, Maharashtra, India |
| Pathfinder Energy Consultants Private Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | 313.0% | •••• | Delhi, India |
| MSPL Unit 1 Limited this company | ₹1.49 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Pune, Maharashtra, India |
| Adusumilli Solarciti Private Limited | ₹1.49 Cr (FY 2021) | •••• | •••• | -56.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Autonic Energy Systems Private Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | -64.0% | •••• | Mumbai, Maharashtra, India |
| Noble Institute for Premier Studies and Technologies Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Delhi, India |
| Redwoods Infrastructure Private Limited | ₹1.49 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Bangalore, Karnataka, India |
| Inprocs Engineers India Private Limited | ₹1.49 Cr (FY 2025) | •••• | •••• | -27.0% | •••• | Mangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below MSPL Unit 1 by revenue in the Cleantech industry (EPC, BoP and BTG, 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 MSPL Unit 1 Limited
MSPL Unit 1 Limited is audited by M/s J. Singh and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M/s J. Singh and Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of MSPL Unit 1 Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of MSPL Unit 1 Limited
Open charges
₹13 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Dec 2023 | Others | ₹5 Cr | Open |
| 21 Feb 2023 | Others | ₹1.5 Cr | Open |
| 28 Jul 2022 | Others | ₹6.5 Cr | Open |
Total charge records: 3 View all charges
Employees and EPFO Compliance at MSPL Unit 1 Limited
MSPL Unit 1 Limited has a workforce of 0 employees as of Apr 05, 2024.
Active EPFO establishments
1
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on MSPL Unit 1 Limited
MSPL Unit 1 Limited has 5 board changes on record since 2020: 4 appointments and 1 cessation. The latest: Gaurav Vishvasrao Chaudhari was appointed as Director on 13 May 2025.
AGM
Mspl Unit 1 Limited last Annual general meeting of members was held on 18 Jul 2025 as per latest MCA records.
Appointed
Gaurav Vishvasrao Chaudhari was appointed as Director.
Ceased
Ram Dhondiba Mapari ceased to be Director.
Filing
Mspl Unit 1 Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100861545 was registered on 28 Dec 2023.
Charges
A charge with Others amounted to Rs. 1.50 Cr with Charge ID 100687342 was registered on 21 Feb 2023.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 100608968 was registered on 28 Jul 2022.
Appointed
Ankita Agarwal was appointed as Director.
Appointed
Harshad Vijay Joshi was appointed as Director.
Appointed
Ram Dhondiba Mapari was appointed as Director.
Incorporation
18 Dec 2020
Mspl Unit 1 Limited was registered on 18 Dec 2020 with Roc Pune & aged 5 years 10 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for MSPL Unit 1 Limited
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MSME Payment Delays by MSPL Unit 1 Limited
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Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of MSPL Unit 1 Limited
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Corporate group structure
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GST Compliance of MSPL Unit 1 Limited
MSPL Unit 1 has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCM1403G1ZN | Maharashtra | Active | 31 Dec 2021 |
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MCA Filings & Documents of MSPL Unit 1 Limited
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Frequently Asked Questions about MSPL Unit 1 Limited
MSPL Unit 1 is an active public limited company based in Pune, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 18 December 2020 (6+ years old) and is registered under CIN U40108PN2020PLC197009.
MSPL Unit 1 reported revenue of ₹1.49 Cr for FY 2025 (down 11% YoY).
MSPL Unit 1 has 3 current directors:
- Ankita Agarwal - Director
- Harshad Vijay Joshi - Director
- Gaurav Vishvasrao Chaudhari - Director
MSPL Unit 1 reported a net loss of ₹9.35 Lakh (net margin -6.3%) and EBITDA of ₹1.35 Cr (EBITDA margin 90.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MSPL Unit 1 is 141% over three years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MSPL Unit 1 is 27AAOCM1403G1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of MSPL Unit 1 is U40108PN2020PLC197009. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MSPL Unit 1 was incorporated on 18 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of MSPL Unit 1 by revenue are Smartflow Engineering Services Private Limited, Ampleton Power Solutions Private Limited, Ramavari Power Private Limited, Kaze Renewables Private Limited, Pathfinder Energy Consultants Private Limited and 5 more, all in the Cleantech industry (EPC, BoP and BTG, Solar Power).
Gaurav Vishvasrao Chaudhari was appointed as Director on 13 May 2025. Ram Dhondiba Mapari ceased to be Director on 13 May 2025. Ankita Agarwal was appointed as Director on 18 Dec 2020. MSPL Unit 1 has 5 board changes on record in total.
Yes, MSPL Unit 1 is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0168692).