MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0196147
Narayana Solar Private Limited
Narayana Solar Private Limited - energy in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.72 Cr
▲ 17% YoY
Net profit · FY 2024
₹4.82 Lakh
Net margin 2.8%
EBITDA · FY 2024
₹1.19 Cr
EBITDA margin 68.8%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹41.78 Lakh
Issued & subscribed
Open charges
₹4.63 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
About Narayana Solar Private Limited
Data last updated:
Narayana Solar Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Sunren Power Private Limited. It operates in the electric power generation segment of the energy sector. It was incorporated on 22 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40106KA2016PTC095212. Its GSTIN is 29AAFCN3110J1ZK (Karnataka).
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹41.78 Lakh. It is led by directors Sanjeev Shankar Chougale and Ishwar V Hegde.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.72 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹4.82 Lakh (net margin 2.8%) and EBITDA of ₹1.19 Cr (EBITDA margin 68.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹4.63 Cr on record.
Narayana Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0196147). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U40106KA2016PTC095212
Registration Number 095212
Incorporation Date 22 July 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sunren Power Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0196147
Recognitions & Rankings of Narayana Solar
Contact details
Narayana Solar Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.49 Euphoria Nest Apartment 2nd Floor 4th Cross Bhupasandra Main Road Rmv 2N, D Stage, Bengaluru, Karnataka, India – 560094
- IndustryEnergy, Electric Power Generation, Transmission And Distribution
To see the full contact details of Narayana Solar Private Limited, buy the company report.
Comprehensive company report
Narayana 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Narayana 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 Narayana Solar Private Limited, buy the company report.
Financials of Narayana Solar Private Limited
FY 2024 filings availableNarayana Solar Private Limited reported revenue of ₹1.72 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹1.72 Cr ▲ 17%
Net profit · FY 2024
₹4.82 Lakh margin 2.8%
EBITDA · FY 2024
₹1.19 Cr margin 68.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 4%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 17% growth in the latest year. EBITDA rose 31% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.19 Cr | ||||
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| Net Profit (PAT) | ₹4.82 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 68.8% | ||||
| Net Profit Margin | 2.8% | ||||
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To see the full financial statements and ratios of Narayana Solar Private Limited, buy the company report.
Board of directors of Narayana Solar Private Limited
Narayana Solar has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Shankar Chougale Also directs: Sunfan Jath Energy Private Limited, Rangadhol Solar Power Private Limited, Gavi Ranga Solars Private Limited and 5 more | Director | 26 Sep 2024 | 2 Years 1 Months | Current |
| Ishwar V Hegde Also directs: Citisolve LLP, Sunfan Jath Energy Private Limited, Sunfan Ananthapur Energy Private Limited and 5 more | Director | 22 Jul 2016 | 10 Years 3 Months | Current |
Auditor
Narayana Solar Private Limited is audited by S G M & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G M & ASSOCIATES LLP | FY 2023 | S200058 |
Shareholding
The shareholding of Narayana Solar Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Narayana Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Sep 2025 | 101180014 | State Bank of India | ₹4.63 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Narayana 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 Narayana Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Narayana Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCN3110J1ZK | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Narayana Solar Private Limited, buy the company report.
Recent activity
Narayana Solar Private Limited has 4 board changes on record since 2016: 2 appointments and 2 cessations. The latest: Shridhar Ganapati Hegde ceased to be Director on 30 Mar 2025.
Charges
A charge with State Bank Of India amounted to Rs. 463.00 Lakh with Charge ID 101180014 was registered on 30 Sep 2025.
Ceased
Shridhar Ganapati Hegde ceased to be Director.
AGM
Narayana Solar Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Appointed
Sanjeev Shankar Chougale was appointed as Director.
Filing
Narayana Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Srikant Bheemasenasa Kabadi ceased to be Director.
Appointed
Ishwar V Hegde was appointed as Director.
Incorporation
22 Jul 2016
Narayana Solar Private Limited was registered on 22 Jul 2016 with Roc Bangalore & aged 10 years 3 months as per MCA records.
Frequently asked questions
Narayana Solar is an active private limited company based in Bengaluru, Karnataka, India. The company works in electric power generation, within the energy industry. It was incorporated on 22 July 2016 (10+ years old) and is registered under CIN U40106KA2016PTC095212.
Narayana Solar has 2 current directors:
- Sanjeev Shankar Chougale - Director
- Ishwar V Hegde - Director
The latest financial statements of Narayana Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Narayana Solar is 29AAFCN3110J1ZK, registered in Karnataka.
The CIN (Corporate Identification Number) of Narayana Solar is U40106KA2016PTC095212. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Narayana Solar was incorporated on 22 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Shridhar Ganapati Hegde ceased to be Director on 30 Mar 2025. Sanjeev Shankar Chougale was appointed as Director on 26 Sep 2024. Srikant Bheemasenasa Kabadi ceased to be Director on 28 Mar 2024. Narayana Solar has 4 board changes on record in total.
Yes, Narayana Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0196147).
The registered office of Narayana Solar is at No.49 Euphoria Nest Apartment 2nd Floor 4th Cross Bhupasandra Main Road Rmv 2N, D Stage, Bengaluru, Karnataka, India – 560094.
Narayana Solar operates in the energy industry, in the electric power generation segment.