About Mxpower Solar Private Limited
Data last updated:
Mxpower Solar Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 01 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U32209PN2009PTC133729. Its GSTIN is 27AACCH1975J1ZC (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Horizon Telecommunication and Power Equipment Private Limited. It is led by directors Camalita Dsouza and Neelesh Narhar Punde.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 15 Radhika Industrial Park Velu Village, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.36 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹8.07 Lakh (net margin 1.9%) and EBITDA of ₹36.41 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 13% over five years.
The company is associated with 1 brand: MX Power Solar. As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹50 Lakh on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mxpowersolar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address15 Radhika Industrial Park Velu Village, Pune, Maharashtra, India – 411041
- 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 Mxpower Solar Private Limited
The main business activity of Mxpower Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | 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 Mxpower Solar Private Limited FY 2025 filings available
Mxpower Solar Private Limited reported revenue of ₹4.36 Cr (up 14% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Mxpower Solar Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 14% growth in the latest year. EBITDA rose 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 Mxpower Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹36.41 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.07 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 Mxpower Solar Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.9% | •••• | •••• | •••• | •••• |
| 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 Mxpower Solar are in the company report.
Financial statements from 2015
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 Mxpower Solar Private Limited
Mxpower Solar Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Electronic Appliances Manufacturing, Power Equipment Manufacturers, 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 |
|---|---|---|---|---|---|---|
| Alpha Bridge Technologies Private Limited | ₹4.38 Cr (FY 2025) | •••• | •••• | 45.0% | •••• | Gurgaon, Haryana, India |
| R2v2 Technologies Private Limited | ₹4.37 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Delhi, India |
| Sonkul Solar Private Limited | ₹4.37 Cr (FY 2025) | •••• | •••• | 98.0% | •••• | Ahmednagar, Maharashtra, India |
| Jastech Electro Private Limited | ₹4.37 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Manesar, Haryana, India |
| Sri Southtern Electricals and Insulators Private Limited | ₹4.36 Cr (FY 2018) | •••• | •••• | 314.0% | •••• | Telangana, India |
| Mxpower Solar Private Limited this company | ₹4.36 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Pune, Maharashtra, India |
| Kovai Solar Power Private Limited | ₹4.35 Cr (FY 2025) | •••• | •••• | -84.0% | •••• | Coimbatore, Tamil Nadu, India |
| Unispanners Private Limited | ₹4.35 Cr (FY 2025) | •••• | •••• | -20.0% | •••• | New Delhi, Delhi, India |
| Qmax Ion Private Limited | ₹4.35 Cr (FY 2025) | •••• | •••• | 63.0% | •••• | Chennai, Tamil Nadu, India |
| Saiworld Technologies Private Limited | ₹4.34 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Ujjain, Madhya Pradesh, India |
| Groovefab International Private Limited | ₹4.34 Cr (FY 2024) | •••• | •••• | 248.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Mxpower Solar by revenue in the Cleantech industry (Electronic Appliances Manufacturing, Power Equipment Manufacturers, 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 Mxpower Solar Private Limited
Mxpower Solar Private Limited is audited by Ramraj B Hingmire & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ramraj B Hingmire & Company | 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 Mxpower Solar Private Limited
Mxpower Solar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Camalita Dsouza | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Neelesh Narhar Punde | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
Ownership and Shareholding of Mxpower 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 Mxpower Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Mar 2017 | Bank of India | ₹75 Lakh | Open |
| 14 Dec 2009 | State Bank of India | ₹50 Lakh | Satisfied |
Total charge records: 2 View all charges
Legal Cases of Mxpower Solar Private Limited
Mxpower Solar Private Limited has 4 court cases on record: 2 filed by Mxpower Solar, 2 filed against it. 1 case is pending and 3 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Yes Bank Limited | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Omkar Enterprises | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 4 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.
Associated Brands with Mxpower Solar Private Limited
Mxpower Solar operates one associated brand: MX Power Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar panels, flexible modules, and chargers for renewable energy solutions. | mxpowersolar.com |
Employees and EPFO Compliance at Mxpower Solar Private Limited
Mxpower Solar Private Limited has a workforce of 1 employees as of Mar 21, 2024.
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 Mxpower Solar Private Limited
Mxpower Solar Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Camalita Dsouza was appointed as Director on 01 Apr 2009.
Credit Ratings, Litigation & Regulatory Alerts for Mxpower 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 Mxpower 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 Mxpower 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 Mxpower Solar Private Limited
Mxpower Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCH1975J1ZC | Maharashtra | 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 Mxpower 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 Mxpower Solar Private Limited
Mxpower Solar is an active private limited company based in Pune, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 01 April 2009 (17+ years old) and is registered under CIN U32209PN2009PTC133729.
Mxpower Solar reported revenue of ₹4.36 Cr for FY 2024 (up 14% YoY).
Mxpower Solar has 2 current directors:
- Camalita Dsouza - Director
- Neelesh Narhar Punde - Director
Mxpower Solar reported a net profit of ₹8.07 Lakh (net margin 1.9%) and EBITDA of ₹36.41 Lakh (EBITDA margin 8.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mxpower Solar is 22% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 14%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mxpower Solar is 27AACCH1975J1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Mxpower Solar is U32209PN2009PTC133729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mxpower Solar has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.
Mxpower Solar was incorporated on 01 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Mxpower Solar by revenue are Alpha Bridge Technologies Private Limited, R2v2 Technologies Private Limited, Sonkul Solar Private Limited, Jastech Electro Private Limited, Sri Southtern Electricals and Insulators Private Limited and 5 more, all in the Cleantech industry (Electronic Appliances Manufacturing, Power Equipment Manufacturers, Solar Power).
Camalita Dsouza was appointed as Director on 01 Apr 2009. Neelesh Narhar Punde was appointed as Director on 01 Apr 2009.