- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-06-0001599

Photoelectric Solar System Private Limited
About Photoelectric Solar System Private Limited
Data last updated:
Photoelectric Solar System Private Limited is a private limited company based in Bidar, Karnataka, India. It operates in the retail trading segment of the trading and commerce sector. It was incorporated on 20 November 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29248KA2015PTC084207. Its GSTIN is 29AAICP3572B1ZE (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors Veershetty Manmath Kaulase and Manmath Kashappa Kaulase.
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.124 Saraswati Niwas Vaishnavi Colony Shiv Nagar North, Bidar, Karnataka, India – 585401.
As per the financials filed for FY 2025, the company reported a revenue of ₹77.79 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹1.19 Lakh (net margin 1.5%) and EBITDA of ₹3.34 Lakh (EBITDA margin 4.3%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹13.95 Lakh on record.
Photoelectric Solar System Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-06-0001599). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Photoelectric Solar System
Contact details
Photoelectric Solar System Private Limited's registered office is in Bidar, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No.124 Saraswati Niwas Vaishnavi Colony Shiv Nagar North, Bidar, Karnataka, India – 585401
- IndustryTrading, Retail Trading, Retailers
To see the full contact details of Photoelectric Solar System 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 Photoelectric Solar System is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Photoelectric Solar System Private Limited, buy the company report.
Financials of Photoelectric Solar System Private Limited
FY 2025 filings availablePhotoelectric Solar System Private Limited reported revenue of ₹77.79 Lakh (down 48% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 48% fall in the latest year. EBITDA fell 66% 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 |
|---|---|---|---|---|---|
| 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 | ₹3.34 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.19 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | ||||
| Net Profit Margin | 1.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Photoelectric Solar System Private Limited, buy the company report.
Board of directors of Photoelectric Solar System Private Limited
Photoelectric Solar System has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Veershetty Manmath Kaulase | Director | 20 Nov 2015 | 10 Years 11 Months | Current |
| Manmath Kashappa Kaulase | Director | 20 Nov 2015 | 10 Years 11 Months | Current |
Peer comparison
Photoelectric Solar System Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vedanth Power Equipments Private Limited | ₹77.87 Lakh (FY 2025) | -48.0% | Bangalore, Karnataka, India | |||
| Sangam Earthmovers Private Limited | ₹77.84 Lakh (FY 2016) | 114.0% | Kolkata, West Bengal, India | |||
| Virus Fashion World Private Limited | ₹77.84 Lakh (FY 2025) | 9.0% | Thrissur, Kerala, India | |||
| Vision Electronergy Private Limited (OPC) | ₹77.83 Lakh (FY 2019) | 49.0% | Noida, Uttar Pradesh, India | |||
| Pia Ecom Private Limited | ₹77.8 Lakh (FY 2025) | -50.0% | Mumbai, Maharashtra, India | |||
| Photoelectric Solar System Private Limitedthis company | ₹77.79 Lakh (FY 2025) | ₹1.19 Lakh | 1.5% | -48.0% | Bidar, Karnataka, India | |
| Insight for Gold Private Limited | ₹77.79 Lakh (FY 2020) | Hyderabad, Telangana, India | ||||
| Sum Yam Multi Services Private Limited | ₹77.76 Lakh (FY 2024) | -45.0% | Delhi, India | |||
| Marksman Academic Publication Private Limited | ₹77.75 Lakh (FY 2021) | -7.0% | New Delhi, Delhi, India | |||
| Adi Instapack Private Limited | ₹77.73 Lakh (FY 2024) | 47.0% | Ahmedabad, Gujarat, India | |||
| Nesko Enterprises Private Limited | ₹77.72 Lakh (FY 2024) | 1.0% | Thiruvananthapuram, Kerala, India |
To see the full peer comparison of Photoelectric Solar System Private Limited, buy the company report.
Auditor
Photoelectric Solar System Private Limited is audited by N K SHAH & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K SHAH & ASSOCIATES | FY 2017 | 039740 |
Shareholding
The shareholding of Photoelectric Solar System Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Photoelectric Solar System Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2018 | 100225040 | Others | ₹13.95 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Photoelectric Solar System 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 Photoelectric Solar System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Photoelectric Solar System has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICP3572B1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Photoelectric Solar System Private Limited, buy the company report.
Recent activity
Photoelectric Solar System Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Manmath Kashappa Kaulase was appointed as Director on 20 Nov 2015.
Frequently asked questions
Photoelectric Solar System is an active private limited company based in Bidar, Karnataka, India. The company works in retail trading, within the trading industry. It was incorporated on 20 November 2015 (11+ years old) and is registered under CIN U29248KA2015PTC084207.
Photoelectric Solar System has 2 current directors:
- Veershetty Manmath Kaulase - Director
- Manmath Kashappa Kaulase - Director
The latest financial statements of Photoelectric Solar System 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 2016 are in the company report.
The GSTIN of Photoelectric Solar System is 29AAICP3572B1ZE, registered in Karnataka.
The CIN (Corporate Identification Number) of Photoelectric Solar System is U29248KA2015PTC084207. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Photoelectric Solar System was incorporated on 20 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Photoelectric Solar System by revenue are Vedanth Power Equipments Private Limited, Sangam Earthmovers Private Limited, Virus Fashion World Private Limited, Vision Electronergy Private Limited (OPC), Pia Ecom Private Limited and 5 more, all in the same principal business activity (retail trading).
Manmath Kashappa Kaulase was appointed as Director on 20 Nov 2015. Veershetty Manmath Kaulase was appointed as Director on 20 Nov 2015.
Yes, Photoelectric Solar System is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-06-0001599).
The registered office of Photoelectric Solar System is at Plot No.124 Saraswati Niwas Vaishnavi Colony Shiv Nagar North, Bidar, Karnataka, India – 585401.
Photoelectric Solar System operates in the trading industry, in the retail trading segment.

