Playsolar Systems Private Limited

Playsolar Systems Private Limited - energy and power in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
CIN U74900KA2015PTC080211 Incorporated 08 May 2015 ROC Bangalore HQ Bengaluru, Karnataka, India
Active Private Limited Company energy and power MSME · Micro
Data last updated
Revenue · FY 2025
₹61.18 Lakh
▲ 7% YoY
Net loss · FY 2025
₹37.36 Lakh
Net margin -61.1%
EBITDA · FY 2025
-₹30.24 Lakh
EBITDA margin -49.4%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1.03 Lakh
Issued & subscribed
Open charges
₹29.36 Lakh
Satisfied ₹79.36 Lakh
Company age
11 yrs
Est. 2015
Employees · EPFO
2
Provident fund records

About Playsolar Systems Private Limited

Data last updated:

Playsolar Systems Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 08 May 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC080211. Its GSTIN is 29AAICP1182D1ZG (Karnataka). The company holds 3 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.03 Lakh. It is led by directors including Mukundan and Mookan Muthu Sivan.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.17/B Ground Floor 1st Main 1st C Cross Manuvana Vijayanagar, Bengaluru, Karnataka, India – 560040.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.18 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹37.36 Lakh (net margin -61.1%) and EBITDA of -₹30.24 Lakh (EBITDA margin -49.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 63% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Play Solar. As per MCA filings, the company has open charges of ₹29.36 Lakh and satisfied charges of ₹79.36 Lakh on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹64 Lakh; the latest was in February 2016. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is Avighna Elevation and Power Private Limited with revenue of ₹62.11 Lakh. The company has 3 MSME Form 1 returns on record between 2019 and 2021, listing 33 overdue payments to 2 micro and small suppliers.

Playsolar Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0066501). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website playsolar.in.

Company Details of Playsolar Systems Private Limited
CIN U74900KA2015PTC080211
Registration Number 080211
Incorporation Date 08 May 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0066501
Key People
Mookan Muthu Sivan Additional Director Karuppanan Chittaranjan Additional Director Mukundan Director

Recognitions & Rankings of Playsolar Systems

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0066501
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    playsolar.in
  • Social Media
    Locked
  • Registered Address
    No.17/B Ground Floor 1st Main 1st C Cross Manuvana Vijayanagar, Bengaluru, Karnataka, India – 560040
  • Industry
    Energy and Power, Power EPC, BoP & BTG Services
Comprehensive company report
Playsolar 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
  • One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Unlock the full Playsolar Systems Private Limited report

Financials, compliance, directors, charges, ownership and filings for Playsolar Systems Private Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Associated Brands with Playsolar Systems Private Limited

Playsolar Systems operates one associated brand: Play Solar. Each brand links to its own profile.

BrandDescriptionWebsite
Play Solar
Solar-integrated hardware and monitoring platforms are developed for appliances.playsolar.in

Business Activity of Playsolar Systems Private Limited

The main business activities of Playsolar Systems are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activitiesLocked
GTradeG2Retail TradingLocked
Premium access

Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
  • Historical classifications
  • Filing-level activity changes

Verified entity values are shown only after access is granted.

Financials of Playsolar Systems Private Limited FY 2024 filings available

Playsolar Systems Private Limited reported revenue of ₹61.18 Lakh (up 7% YoY) for FY 2025.

Revenue · FY 2025
₹61.18 Lakh ▲ 7%
Net loss · FY 2025
₹37.36 Lakh margin -61.1%
EBITDA · FY 2025
-₹30.24 Lakh margin -49.4%

Compounded Annual Growth Rate (CAGR) of Playsolar Systems Private Limited

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 7%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▼ 444%
3 years · compounded
▼ 89%
5 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 7% growth in the latest year. EBITDA fell 444% 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 of Playsolar Systems Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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-₹30.24 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹37.36 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 of Playsolar Systems Private Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin-49.4%••••••••••••••••
Net Profit Margin-61.1%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Playsolar Systems are in the company report.

Premium access

Financial statements from FY 2016

Earlier years and trend charts are in the company report.

  • Income statements
  • Balance sheets
  • Cash-flow statements
  • Ratios and benchmarks

Verified entity values are shown only after access is granted.

Board of Directors of Playsolar Systems Private Limited

Playsolar Systems has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Mookan Muthu Sivan
Also directs: Risora Technologies Private Limited, Enervaa Technologies Private Limited, Shri Sai Energy & Infra India Private Limited and 5 more
Additional Director01 Feb 20251 Years 8 MonthsCurrent
Karuppanan Chittaranjan
Also directs: Risora Technologies Private Limited, Enervaa Technologies Private Limited, Awev Solutions Private Limited and 5 more
Additional Director01 Feb 20251 Years 8 MonthsCurrent
Mukundan
Also directs: PSGC SPV One Private Limited
Director09 Jul 201511 Years 3 MonthsCurrent
View all directors

Peer Comparison of Playsolar Systems Private Limited

Playsolar Systems Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Avighna Elevation and Power Private Limited₹62.11 Lakh (FY 2025)••••••••-64.0%••••Bhilai, Chhattisgarh, India
Infrared Enterprises Private Limited₹62.07 Lakh (FY 2024)••••••••••••New Delhi, Delhi, India
Suryashakti Solutions Private Limited₹61.85 Lakh (FY 2024)••••••••••••Jaipur, Rajasthan, India
Equatech Energy Private Limited₹61.68 Lakh (FY 2025)••••••••220.0%••••Jamshedpur, Jharkhand, India
Aviral Securities Pvt Ltd₹61.38 Lakh (FY 2025)••••••••-49.0%••••Kolkata, West Bengal, India
Playsolar Systems Private Limited this company₹61.18 Lakh (FY 2025)••••••••7.0%••••Bengaluru, Karnataka, India
Veejmitra Transformers Private Limited₹61.06 Lakh (FY 2023)••••••••13469.0%••••Buldana, Maharashtra, India
Ind - Aussie Solar Private Limited₹60.98 Lakh (FY 2017)••••••••-93.0%••••Salem, Tamil Nadu, India
RSP Green Development and Laboratories Private Limited₹60.78 Lakh (FY 2024)••••••••170.0%••••Shibpur Howrah, West Bengal, India
Winnerspitch Energy Private Limited₹60.18 Lakh (FY 2025)••••••••-63.0%••••Delhi, India
Anantha Spinning Mills Private Limited₹60.08 Lakh (FY 2023)••••••••9.0%••••Karnataka, India

Peers are the five companies nearest above and the five nearest below Playsolar Systems by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Playsolar Systems Private Limited

Playsolar Systems Private Limited is audited by AV ARUN&CO for the financial year 2023.

NameStatusAppointment DateCessation Date
AV ARUN&COLockedLockedLocked
Premium access

Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

  • Appointment status
  • Appointment dates
  • Cessation dates
  • Auditor changes

Verified entity values are shown only after access is granted.

Ownership and Shareholding of Playsolar Systems Private Limited

Premium access

Shareholding and ownership data

Promoter, institutional, public and beneficial ownership figures are in the company report.

  • Ownership categories
  • Historical changes
  • Group structure
  • FII and DII holdings

Verified entity values are shown only after access is granted.

Charges & Borrowings of Playsolar Systems Private Limited

Open charges
₹29.36 Lakh
Satisfied charges
₹79.36 Lakh
Breakdown by lending institutions
Others₹0.50 Cr
Yes Bank Limited₹0.29 Cr
Latest charge details
DateLenderAmountStatus
23 Oct 2023Others₹50 LakhSatisfied
28 Aug 2017Yes Bank Limited₹29.36 LakhSatisfied

Total charge records: 2 View all charges

Deals & Funding of Playsolar Systems Private Limited

Playsolar Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹64 Lakh; the latest was in February 2016.

Total deals
1
Funding round
1
Disclosed funding
₹64 Lakh

Deals on record (1 of 1)

WhenDealAmountParties
Feb 2016Funding round₹64 LakhInvestors: 4 individuals
Premium access

Full deal history

All 1 deals with amounts, valuations, instruments and every party are in the company report.

  • Every funding round and share transfer
  • Amounts and valuations
  • Investors, buyers and sellers
  • Instruments and deal dates

Verified entity values are shown only after access is granted.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by Playsolar Systems Private Limited

Playsolar Systems Private Limited has 3 MSME Form 1 returns on record between 2019 and 2021, listing 33 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (2 of 2)

SupplierAmount dueDue sinceReported on
Taskoid Solutions LLP••••••••••••
Simlife Electric Private Limited••••••••••••
Premium access

Full MSME payment history

Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.

  • Every reported supplier due
  • Amounts and due dates
  • Reasons given in each return
  • Period-by-period history

Verified entity values are shown only after access is granted.

Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.

Employees and EPFO Compliance at Playsolar Systems Private Limited

Playsolar Systems Private Limited has a workforce of 2 employees as of Apr 05, 2024.

Employee count
2
Active EPFO establishments
1
Employee growth
-33.33%
Premium access

Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

  • Monthly headcount
  • PF contributions
  • ECR filing status
  • Establishment history

Verified entity values are shown only after access is granted.

Recent Activity on Playsolar Systems Private Limited

Playsolar Systems Private Limited has 6 board changes on record since 2015: 4 appointments and 2 cessations. The latest: Aarthy Sowmyanarayanan ceased to be Director on 07 Feb 2025.

Charges
A charge registered on 28 Aug 2017 via Charge ID 100118873 with Yes Bank Limited was fully satisfied on 30 Jul 2025.
Charges
A charge registered on 23 Oct 2023 via Charge ID 100818367 with Others was fully satisfied on 17 Mar 2025.
Ceased
Aarthy Sowmyanarayanan ceased to be Director.
Ceased
Archana Sowmyanarayanan ceased to be Director.
Appointed
Karuppanan Chittaranjan was appointed as Additional Director.
Appointed
Mookan Muthu Sivan was appointed as Additional Director.
AGM
Playsolar Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Playsolar Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 100818367 was registered on 23 Oct 2023.
Charges
A charge with Yes Bank Limited of Rs. 29.36 Lakh registered on 28 Aug 2017 with Charge ID 100118873 was modified on 28 Oct 2020.
Charges
A charge with Yes Bank Limited amounted to Rs. 29.36 Lakh with Charge ID 100118873 was registered on 28 Aug 2017.
Appointed
Mukundan was appointed as Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Playsolar Systems Private Limited

Premium access

Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

  • Rating history
  • Court and tribunal cases
  • Regulatory alerts
  • Director-linked violations

Verified entity values are shown only after access is granted.

Subsidiaries & Group Companies of Playsolar Systems Private Limited

Premium access

Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

  • Parent company
  • Subsidiaries and ownership
  • Associates and joint ventures
  • Entity investments

Verified entity values are shown only after access is granted.

GST Compliance of Playsolar Systems Private Limited

Playsolar Systems has 3 GST registrations: 1 active and 2 cancelled or inactive.

Total GSTINs
3
Active
1
Cancelled / inactive
2
GSTINStateStatusRegistered on
29AAICP1182D1ZGKarnatakaActive01 Jul 2017
Premium access

GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

  • GSTIN registrations
  • State-wise filing status
  • HSN and SAC details
  • Tax jurisdiction records

Verified entity values are shown only after access is granted.

MCA Filings & Documents of Playsolar Systems Private Limited

Premium access

MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

  • Incorporation documents
  • Annual returns and statements
  • Charge filings
  • Complete filing index

Verified entity values are shown only after access is granted.

Frequently Asked Questions about Playsolar Systems Private Limited

Playsolar Systems is an active private limited company based in Bengaluru, Karnataka, India. The company works in power epc, within the energy and power industry. It was incorporated on 08 May 2015 (11+ years old) and is registered under CIN U74900KA2015PTC080211.

Playsolar Systems reported revenue of ₹61.18 Lakh for FY 2025 (up 7% YoY).

Playsolar Systems has 3 current directors:

Playsolar Systems reported a net loss of ₹37.36 Lakh (net margin -61.1%) and EBITDA of -₹30.24 Lakh (EBITDA margin -49.4%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Playsolar Systems is 7% over three years and 63% over five years. In the latest year (FY 2025) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Playsolar Systems is 29AAICP1182D1ZG, 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 Playsolar Systems is U74900KA2015PTC080211. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Playsolar Systems was incorporated on 08 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.

Playsolar Systems has 1 deal on record (1 funding round), with disclosed funding of ₹64 Lakh; the latest was in February 2016.

The peers of Playsolar Systems by revenue are Avighna Elevation and Power Private Limited, Infrared Enterprises Private Limited, Suryashakti Solutions Private Limited, Equatech Energy Private Limited, Aviral Securities Pvt Ltd and 5 more, all in the Power industry (EPC, BoP and BTG).

Aarthy Sowmyanarayanan ceased to be Director on 07 Feb 2025. Archana Sowmyanarayanan ceased to be Director on 07 Feb 2025. Karuppanan Chittaranjan was appointed as Additional Director on 01 Feb 2025. Playsolar Systems has 6 board changes on record in total.

Yes, Playsolar Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0066501).

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - compiled from official filings and updated regularly.

Subscription plans available