Newton Solar Private Limited
About Newton Solar Private Limited
Data last updated:
Newton Solar Private Limited is a private limited company based in Radhanpur, Gujarat, India, a subsidiary of Dcom Systems Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 13 September 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2010PTC062281. Its GSTIN is 08AADCN3947R1ZP (Rajasthan).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.26 Cr. It is led by directors including Kamal Kant Maheshwari and Dhiraj Kumar.
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 Plot No. 21 Survey Number – 381, Radhanpur, Gujarat, India – 385340.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.2 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.15 Cr (net margin 110.3%) and EBITDA of ₹10.85 Cr (EBITDA margin 118%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹29 Cr and satisfied charges of ₹44.05 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Newton Solar Private Limited's registered office is in Radhanpur, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No. 21 Survey Number – 381, Radhanpur, Gujarat, India – 385340
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Newton Solar Private Limited, buy the company report.
- 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
Business activity
The main business activity of Newton Solar is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Newton Solar Private Limited, buy the company report.
Financials of Newton Solar Private Limited
FY 2025 filings availableNewton Solar Private Limited reported revenue of ₹9.2 Cr (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 7%. EBITDA rose 30% 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 | FY 2020-21 |
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| EBITDA | ₹10.85 Cr | ||||
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| Net Profit (PAT) | ₹10.15 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 118% | ||||
| Net Profit Margin | 110.3% | ||||
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To see the full financial statements and ratios of Newton Solar Private Limited, buy the company report.
Board of directors of Newton Solar Private Limited
Newton Solar has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kant Maheshwari Also directs: Green Coal Renewables Private Limited, Khaya Solar Projects Private Limited, Lanco Solar (Gujarat) Private Limited and 5 more | Director | 02 Nov 2021 | 5 Years 0 Months | Current |
| Dhiraj Kumar Also directs: Khaya Solar Projects Private Limited, Electromech Maritech Private Limited, Deri Green LLP and 5 more | Director | 04 Mar 2024 | 2 Years 8 Months | Current |
| Yash Kishorbhai Mandalia | Additional Director | 06 Jan 2026 | 0 Years 10 Months | Current |
| Chanakya Chandreshkumar Mandalia | Additional Director | 06 Jan 2026 | 0 Years 10 Months | Current |
Peer comparison
Newton Solar Private Limited is compared with the 5 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Krishna Greentech Private Limited | ₹9.23 Cr (FY 2024) | 71.0% | Karur, Tamil Nadu, India | |||
| Green Infra Solar Projects Private Limited | ₹9.22 Cr (FY 2025) | 8.0% | Gurgaon, Haryana, India | |||
| Newton Solar Private Limitedthis company | ₹9.2 Cr (FY 2025) | ₹10.15 Cr | 110.3% | -1.0% | Radhanpur, Gujarat, India | |
| Rishabh Renergy Private Limited | ₹9.16 Cr (FY 2025) | 2.0% | Delhi, India | |||
| VN Saur Urja Projects Private Limited | ₹9.16 Cr (FY 2025) | 97.0% | Lucknow, Uttar Pradesh, India | |||
| Ampin Energy Green Fifteen Private Limited | ₹9.14 Cr (FY 2025) | -3.0% | New Delhi, Delhi, India |
To see the full peer comparison of Newton Solar Private Limited, buy the company report.
Auditor
Newton Solar Private Limited is audited by R S V & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R S V & CO | FY 2021 | 020574N |
Shareholding
The shareholding of Newton Solar Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Newton Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2024 | 100894078 | Others | ₹29 Cr | Open | |
| 17 Oct 2013 | 10464940 | Axis Bank Limited | ₹9.05 Cr | Satisfied | |
| 28 Sep 2012 | 10378348 | Power Finance Corporation Limited | ₹35 Cr | Satisfied |
To see the full charge records of Newton Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Newton Solar Private Limited has 4 court cases on record: 3 filed by Newton Solar, 1 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 2 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (FAO(OS) (COMM)) | Filed by the company against NTPC Vidyut Vyapar Nigam Limited | Pending |
| High Court of Delhi | Court case (O.M.P.) | Filed by the company against NTPC Vidyut Vyapar Nigam Ltd | Disposed |
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed against the company by M/S NTPC Vidyut Vypar Nigam Ltd | Disposed |
To see the full case history of Newton Solar Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Newton Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Newton Solar has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCN3947R1ZP | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Newton Solar Private Limited, buy the company report.
Recent activity
Newton Solar Private Limited has 14 board changes on record since 2014: 4 appointments and 10 cessations. The latest: Chanakya Chandreshkumar Mandalia was appointed as Additional Director on 06 Jan 2026.
10 earlier events are in the company report.
Frequently asked questions
Newton Solar is an active private limited company based in Radhanpur, Gujarat, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 13 September 2010 (16+ years old) and is registered under CIN U40106GJ2010PTC062281.
Newton Solar has 4 current directors:
- Kamal Kant Maheshwari - Director
- Dhiraj Kumar - Director
- Yash Kishorbhai Mandalia - Additional Director
- Chanakya Chandreshkumar Mandalia - Additional Director
The latest financial statements of Newton Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Newton Solar is 08AADCN3947R1ZP, registered in Rajasthan.
The CIN (Corporate Identification Number) of Newton Solar is U40106GJ2010PTC062281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Newton Solar has 4 court cases on record: 3 filed by the company and 1 filed against it. 2 are pending.
Newton Solar was incorporated on 13 September 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Newton Solar by revenue are Krishna Greentech Private Limited, Green Infra Solar Projects Private Limited, Rishabh Renergy Private Limited, VN Saur Urja Projects Private Limited, Ampin Energy Green Fifteen Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Chanakya Chandreshkumar Mandalia was appointed as Additional Director on 06 Jan 2026. Yash Kishorbhai Mandalia was appointed as Additional Director on 06 Jan 2026. Dhiraj Kumar was appointed as Director on 04 Mar 2024. Newton Solar has 14 board changes on record in total.
The registered office of Newton Solar is at Plot No. 21 Survey Number – 381, Radhanpur, Gujarat, India – 385340.
Newton Solar operates in the environment industry, in the solar energy solutions segment.
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