Poseidon Solar Services Private Limited
About Poseidon Solar Services Private Limited
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Poseidon Solar Services Private Limited is a private limited company based in Gummidipoondi, Tamil Nadu, India, a subsidiary of Unega Pte. Ltd. It operates in the waste management and recycling solutions segment of the environmental services sector. It was incorporated on 28 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31402TN2006PTC060735. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹4 Cr. It is led by directors Venugopal Narayanan and Pazhayanur Ramakrishnan Venugopal.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at F – 91&92 Sipcot Industrial Complex Gummidipoondi, Tamil Nadu, India – 601201.
As per the financials filed for FY 2021, the company reported a revenue of ₹59.36 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹25.13 Lakh (net margin 42.3%) and EBITDA of ₹45.78 Lakh (EBITDA margin 77.1%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 40% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹1.43 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressF – 91&92 Sipcot Industrial Complex Gummidipoondi, Tamil Nadu, India – 601201
- IndustryEnvironment, Waste Management & Recycling Solutions
- 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
Business Activity of Poseidon Solar Services Private Limited
The main business activity of Poseidon Solar Services is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
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 Poseidon Solar Services Private Limited FY 2021 filings available
Poseidon Solar Services Private Limited reported revenue of ₹59.36 Lakh (up 202% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Poseidon Solar Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 40% over five years, including 202% growth in the latest year. EBITDA rose 595% 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 Poseidon Solar Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹59.36 Lakh | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹45.78 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.13 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 Poseidon Solar Services Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 77.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 42.3% | •••• | •••• | •••• | •••• |
| 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 Poseidon Solar Services are in the company report.
Financial statements from 2015
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.
Peer Comparison of Poseidon Solar Services Private Limited
Poseidon Solar Services Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Recycling and Waste Treatment). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| MST Recyclers Private Limited | ₹61.23 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Mysore, Karnataka, India |
| Green Plast Industries Private Limited | ₹60.91 Lakh (FY 2019) | •••• | •••• | 495.0% | •••• | Pune, Maharashtra, India |
| Alibaug Solid Waste Management Association | ₹60.8 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Revy Environmental Solutions Private Limited | ₹60.1 Lakh (FY 2024) | •••• | •••• | 9.0% | •••• | Vadodara, Gujarat, India |
| MKW Steel Private Limited | ₹59.57 Lakh (FY 2024) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Poseidon Solar Services Private Limited this company | ₹59.36 Lakh (FY 2021) | •••• | •••• | 202.0% | •••• | Gummidipoondi, Tamil Nadu, India |
| Mlbcpl Bundu Solid Waste Management Private Limited | ₹59.25 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Ranchi, Jharkhand, India |
| Mediaid Marketing Services Private Limited | ₹58.81 Lakh (FY 2025) | •••• | •••• | 479.0% | •••• | Bhubaneswar, Odisha, India |
| Accord Hydroair Private Limited | ₹57.98 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Lucknow, Uttar Pradesh, India |
| Jai Durga Envirocare Private Limited | ₹57.78 Lakh (FY 2023) | •••• | •••• | 0.0% | •••• | Chennai, Tamil Nadu, India |
| Shri Jalaram Recycles Private Limited | ₹57.76 Lakh (FY 2025) | •••• | •••• | 42.0% | •••• | Durg, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Poseidon Solar Services by revenue in the Cleantech industry (Recycling and Waste Treatment), 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 Poseidon Solar Services Private Limited
Poseidon Solar Services Private Limited is audited by RAO NARAYAN ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAO NARAYAN ASSOCIATES | Locked | Locked | Locked |
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.
Board of Directors of Poseidon Solar Services Private Limited
Poseidon Solar Services has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venugopal Narayanan Also directs: Poseidon Lighting Private Limited, Torp Systems Private Limited | Director | 28 Jul 2006 | 20 Years 2 Months | Current |
| Pazhayanur Ramakrishnan Venugopal Also directs: Poseidon Lighting Private Limited, Torp Systems Private Limited | Director | 28 Jul 2006 | 20 Years 2 Months | Current |
Ownership and Shareholding of Poseidon Solar Services Private Limited
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 Poseidon Solar Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2018 | Others | ₹10 Lakh | Satisfied |
| 16 Nov 2010 | State Bank of India | ₹1.08 Cr | Satisfied |
| 09 Apr 2007 | Canara Bank | ₹25 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Poseidon Solar Services Private Limited
Poseidon Solar Services Private Limited has a workforce of 10 employees as of Mar 26, 2025.
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 Poseidon Solar Services Private Limited
Poseidon Solar Services Private Limited has 2 board changes on record since 2006: 2 appointments. The latest: Pazhayanur Ramakrishnan Venugopal was appointed as Director on 28 Jul 2006.
Credit Ratings, Litigation & Regulatory Alerts for Poseidon Solar Services Private Limited
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.
MSME Payment Delays by Poseidon Solar Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Poseidon Solar Services Private Limited
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 Poseidon Solar Services Private Limited
Poseidon Solar Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Poseidon Solar Services Private Limited
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 Poseidon Solar Services Private Limited
Poseidon Solar Services is an active private limited company based in Gummidipoondi, Tamil Nadu, India. The company works in waste management and recycling solutions, within the environment industry. It was incorporated on 28 July 2006 (20+ years old) and is registered under CIN U31402TN2006PTC060735.
Poseidon Solar Services reported revenue of ₹59.36 Lakh for FY 2021 (up 202% YoY).
Poseidon Solar Services has 2 current directors:
- Venugopal Narayanan - Director
- Pazhayanur Ramakrishnan Venugopal - Director
Poseidon Solar Services reported a net profit of ₹25.13 Lakh (net margin 42.3%) and EBITDA of ₹45.78 Lakh (EBITDA margin 77.1%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Poseidon Solar Services is 26% over three years and 40% over five years. In the latest year (FY 2021) revenue rose 202%. CAGR is the steady yearly rate that links the first and the last year.
No. Poseidon Solar Services has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Poseidon Solar Services is U31402TN2006PTC060735. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Poseidon Solar Services was incorporated on 28 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Poseidon Solar Services by revenue are MST Recyclers Private Limited, Green Plast Industries Private Limited, Alibaug Solid Waste Management Association, Revy Environmental Solutions Private Limited, MKW Steel Private Limited and 5 more, all in the Cleantech industry (Recycling and Waste Treatment).
Pazhayanur Ramakrishnan Venugopal was appointed as Director on 28 Jul 2006. Venugopal Narayanan was appointed as Director on 28 Jul 2006.
The registered office of Poseidon Solar Services is at F – 91&92 Sipcot Industrial Complex Gummidipoondi, Tamil Nadu, India – 601201.