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Nitsun Solar Energy Private Limited - environment in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.5 Lakh
▼ 82% YoY
Net profit · FY 2024
₹22,330
Net margin 1%
EBITDA · FY 2024
₹1.17 Lakh
EBITDA margin 5.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
About Nitsun Solar Energy Private Limited
Data last updated:
Nitsun Solar Energy Private Limited is a private limited company based in Nashik, Maharashtra, India, recognised as a startup by DPIIT. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 18 August 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29309MH2017PTC298748. Its GSTIN is 27AAFCN7472H1Z4 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Gopal Mahadev Nitturkar and Vidya Gopal Nitturkar.
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 Fl.7 Rachit Classic College Road, Nashik, Maharashtra, India – 422007.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.5 Lakh, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹22,330 (net margin 1%) and EBITDA of ₹1.17 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 13% over five years.
The company is associated with 1 brand: Nitsun Solar. As per MCA filings, the company has open charges of ₹5 Lakh on record.
Nitsun Solar Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0029039). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nitsunsolar.com.
Company details
CIN U29309MH2017PTC298748
Registration Number 298748
Incorporation Date 18 August 2017
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0029039
Recognitions & Rankings of Nitsun Solar Energy
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0029039
Contact details
Nitsun Solar Energy Private Limited's registered office is in Nashik, Maharashtra. Its website is nitsunsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressFl.7 Rachit Classic College Road, Nashik, Maharashtra, India – 422007
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Nitsun Solar Energy Private Limited, buy the company report.
Comprehensive company report
Nitsun Solar Energy 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
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Brands
Nitsun Solar Energy operates one associated brand: Nitsun Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar power systems, installation, EPC services, and maintenance for homes and businesses. | nitsunsolar.com |
Business activity
The main business activity of Nitsun Solar Energy is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Nitsun Solar Energy Private Limited, buy the company report.
Financials of Nitsun Solar Energy Private Limited
FY 2025 filings availableNitsun Solar Energy Private Limited reported revenue of ₹21.5 Lakh (down 82% YoY) for FY 2024.
Revenue · FY 2024
₹21.5 Lakh ▼ 82%
Net profit · FY 2024
₹22,330 margin 1%
EBITDA · FY 2024
₹1.17 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 82%
3 years · compounded
▼ 17%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 62%
5 years · compounded
▲ 20%
Revenue fell 82% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 62% 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 | ₹1.17 Lakh | ||||
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| Net Profit (PAT) | ₹22,330 | ||||
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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 | 5.4% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Nitsun Solar Energy Private Limited, buy the company report.
Board of directors of Nitsun Solar Energy Private Limited
Nitsun Solar Energy has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gopal Mahadev Nitturkar | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
| Vidya Gopal Nitturkar | Director | 18 Aug 2017 | 9 Years 2 Months | Current |
Charges & borrowings
Open charges
₹5 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Nov 2020 | 100390471 | Others | ₹5 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Nitsun Solar Energy 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 Nitsun Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Nitsun Solar Energy has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCN7472H1Z4 | Maharashtra | Active | 10 Jan 2018 |
To see the full GST registrations and return filing status of Nitsun Solar Energy Private Limited, buy the company report.
Recent activity
Nitsun Solar Energy Private Limited has 2 board changes on record since 2017: 2 appointments. The latest: Gopal Mahadev Nitturkar was appointed as Director on 18 Aug 2017.
AGM
Nitsun Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nitsun Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100390471 was registered on 05 Nov 2020.
Appointed
Gopal Mahadev Nitturkar was appointed as Director.
Appointed
Vidya Gopal Nitturkar was appointed as Director.
Incorporation
18 Aug 2017
Nitsun Solar Energy Private Limited was registered on 18 Aug 2017 with Roc Mumbai & aged 9 years 2 months as per MCA records.
Frequently asked questions
Nitsun Solar Energy is an active private limited company based in Nashik, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 18 August 2017 (9+ years old) and is registered under CIN U29309MH2017PTC298748.
Nitsun Solar Energy has 2 current directors:
- Gopal Mahadev Nitturkar - Director
- Vidya Gopal Nitturkar - Director
The latest financial statements of Nitsun Solar Energy 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 FY 2018 are in the company report.
The GSTIN of Nitsun Solar Energy is 27AAFCN7472H1Z4, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Nitsun Solar Energy is U29309MH2017PTC298748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nitsun Solar Energy was incorporated on 18 August 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Gopal Mahadev Nitturkar was appointed as Director on 18 Aug 2017. Vidya Gopal Nitturkar was appointed as Director on 18 Aug 2017.
Yes, Nitsun Solar Energy is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Nitsun Solar Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0029039).
Nitsun Solar Energy can be reached through the website nitsunsolar.com. Its registered office is in Nashik, Maharashtra, India.
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