MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0023926
Nuetech Solar Systems Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹42.86 Cr
▼ 43% YoY
Net profit · FY 2023
₹1.71 Cr
Net margin 4%
EBITDA · FY 2023
₹4.17 Cr
EBITDA margin 9.7%
Authorised capital
₹2.5 Cr
Registered with MCA
Paid-up capital
₹1.86 Cr
Issued & subscribed
Open charges
₹30.8 Cr
Satisfied ₹43.49 Lakh
Company age
24 yrs
Est. 2002
Employees · EPFO
109
Provident fund records
About Nuetech Solar Systems Private Limited
Data last updated:
Nuetech Solar Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA2002PTC030228. Its GSTIN is 29AABCN6398L1ZO (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1.86 Cr. It is led by directors Kanathuru Raju Surendra Kumar and Sushmitha Surendra 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 Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹42.86 Cr, a decline of 43% compared to the previous year. For the same year it recorded a net profit of ₹1.71 Cr (net margin 4%) and EBITDA of ₹4.17 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years.
The company has about 109 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Nuetech Solar Systems. As per MCA filings, the company has open charges of ₹30.8 Cr and satisfied charges of ₹43.49 Lakh on record. Court records list 16 cases involving the company, including 11 filed by the company and 5 filed against it; 1 case is pending.
Nuetech Solar Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0023926). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nuetechsolar.com.
Company details
CIN U31909KA2002PTC030228
Registration Number 030228
Incorporation Date 12 March 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0023926
Recognitions & Rankings of Nuetech Solar Systems
Contact details
Nuetech Solar Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is nuetechsolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 5 B.M Shankarappa Industrial Estate Magadi Main Road, Viswaneedam Post Sunkadakatte, Bangalore, Karnataka, India – 560091
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Nuetech Solar Systems Private Limited, buy the company report.
Comprehensive company report
Nuetech Solar Systems 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
Nuetech Solar Systems operates one associated brand: Nuetech Solar Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and distributes solar water heaters, heat pumps, and rooftop solar for sustainable energy. | nuetechsolar.com |
Business activity
The main business activity of Nuetech Solar Systems is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Nuetech Solar Systems Private Limited, buy the company report.
Financials of Nuetech Solar Systems Private Limited
FY 2025 filings availableNuetech Solar Systems Private Limited reported revenue of ₹42.86 Cr (down 43% YoY) for FY 2023.
Revenue · FY 2023
₹42.86 Cr ▼ 43%
Net profit · FY 2023
₹1.71 Cr margin 4%
EBITDA · FY 2023
₹4.17 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 43%
3 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▼ 5%
5 years · compounded
▲ 2%
Revenue fell 43% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 61% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹42.86 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.71 Cr | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Nuetech Solar Systems Private Limited, buy the company report.
Board of directors of Nuetech Solar Systems Private Limited
Nuetech Solar Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kanathuru Raju Surendra Kumar Also directs: Solpoh Energy and Technology Solutions Private Limited | Director | 12 Mar 2002 | 24 Years 7 Months | Current |
| Sushmitha Surendra Kumar | Director | 10 Jun 2022 | 4 Years 4 Months | Current |
Auditor
Nuetech Solar Systems Private Limited is audited by Dhananjay G. Hegde for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dhananjay G. Hegde | FY 2023 | 202937 |
Shareholding
The shareholding of Nuetech Solar Systems 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 Nuetech Solar Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30.8 Cr
Satisfied charges
₹43.49 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2024 | 100943760 | Others | ₹14 Cr | Open | |
| 27 Jun 2023 | 100765485 | Others | ₹1 Cr | Open | |
| 28 Dec 2021 | 100533957 | Canara Bank | ₹1 Cr | Open | |
| 08 Nov 2006 | 10026984 | Canara Bank | ₹14.8 Cr | Open | |
| 08 Aug 2016 | 100057311 | Others | ₹4.29 Lakh | Satisfied |
To see the full charge records of Nuetech Solar Systems Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Nuetech Solar Systems Private Limited has 16 court cases on record: 11 filed by Nuetech Solar Systems, 5 filed against it. 1 case is pending and 15 are disposed.
Total cases
16
Filed by the company
11
Filed against the company
5
Pending
1
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 5 | 1 |
| High courts | 3 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Kent Ro Systems Ltd and 1 other | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against Anu Solar Power Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed against the company by an individual | Pending |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Nuetech Solar Systems 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 Nuetech Solar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Nuetech Solar Systems Private Limited has a workforce of 109 employees on its EPFO records as of Dec 11, 2024, across 1 active EPFO establishment.
Employee count
109
Active EPFO establishments
1
Employee growth
-13.49%
GST
Nuetech Solar Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN6398L1ZO | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Nuetech Solar Systems Private Limited, buy the company report.
Recent activity
Nuetech Solar Systems Private Limited has 7 board changes on record since 2002: 2 appointments and 5 cessations. The latest: Sushmitha Surendra Kumar ceased to be Additional Director on 30 Sep 2022.
AGM
Nuetech Solar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Nuetech Solar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100943760 was registered on 27 Jun 2024.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100765485 was registered on 27 Jun 2023.
Charges
A charge with Canara Bank of Rs. 14.80 Cr registered on 08 Nov 2006 with Charge ID 10026984 was modified on 28 Mar 2023.
Ceased
Sushmitha Surendra Kumar ceased to be Additional Director.
Charges
A charge registered on 08 Aug 2016 via Charge ID 100057311 with Others was fully satisfied on 22 Jul 2022.
Charges
A charge registered on 30 May 2014 via Charge ID 10501656 with Canara Bank was fully satisfied on 28 Jun 2022.
Charges
A charge registered on 19 Apr 2014 via Charge ID 10494332 with Canara Bank was fully satisfied on 28 Jun 2022.
Ceased
Manjunath Munikrishna ceased to be Additional Director.
Appointed
Sushmitha Surendra Kumar was appointed as Director.
Charges
A charge with Canara Bank amounted to Rs. 1.00 Cr with Charge ID 100533957 was registered on 28 Dec 2021.
11 earlier events are in the company report.
Frequently asked questions
Nuetech Solar Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 March 2002 (24+ years old) and is registered under CIN U31909KA2002PTC030228.
Nuetech Solar Systems has 2 current directors:
- Kanathuru Raju Surendra Kumar - Director
- Sushmitha Surendra Kumar - Director
The latest financial statements of Nuetech Solar Systems 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 Nuetech Solar Systems is 29AABCN6398L1ZO, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Nuetech Solar Systems is U31909KA2002PTC030228. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Nuetech Solar Systems has 16 court cases on record: 11 filed by the company and 5 filed against it. 1 is pending. Most are in the district courts.
Nuetech Solar Systems was incorporated on 12 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Sushmitha Surendra Kumar ceased to be Additional Director on 30 Sep 2022. Manjunath Munikrishna ceased to be Additional Director on 11 Jun 2022. Sushmitha Surendra Kumar was appointed as Director on 10 Jun 2022. Nuetech Solar Systems has 7 board changes on record in total.
Yes, Nuetech Solar Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0023926).
Nuetech Solar Systems can be reached through the website nuetechsolar.com. Its registered office is in Bangalore, Karnataka, India.