About Quantsolar Technologies Private Limited
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Quantsolar Technologies Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 22 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2016PTC216281. Its GSTIN is 19AAACQ4317K1ZA (West Bengal). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹9 Cr and a paid-up capital of ₹8.72 Cr. It is led by directors including Pankaj Kumar Sinha (Whole-Time Director) and Siddhant Agarwal (Whole-Time Director).
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 Shop No. 5 Ellora Market 2 Sourin Road Behala Tram Depot, Kolkata, West Bengal, India – 700034.
As per the financials filed for FY 2025, the company reported a revenue of ₹62.46 Cr, a growth of 81% compared to the previous year. For the same year it recorded a net profit of ₹6.66 Cr (net margin 10.7%) and EBITDA of ₹9.13 Cr (EBITDA margin 14.6%). Revenue has grown at a compounded annual rate (CAGR) of 106% over three years and 49% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QuantSolar. As per MCA filings, the company has open charges of ₹35.36 Cr and satisfied charges of ₹3.51 Cr on record. The company has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.22 Cr; the latest was in March 2024. Its 10 peer companies in the Power industry (EPC, BoP and BTG) are compared by revenue, 5 larger and 5 smaller; the largest is Suntek Energy Systems Private Limited with revenue of ₹63.04 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quantsolar.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop No. 5 Ellora Market 2 Sourin Road Behala Tram Depot, Kolkata, West Bengal, India – 700034
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
- 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 Quantsolar Technologies Private Limited
The main business activity of Quantsolar Technologies is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Quantsolar Technologies Private Limited FY 2024 filings available
Quantsolar Technologies Private Limited reported revenue of ₹62.46 Cr (up 81% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Quantsolar Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 49% over five years, including 81% growth in the latest year. EBITDA rose 95% 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 Quantsolar Technologies Private Limited
| 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 | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.13 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.66 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Quantsolar Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.7% | •••• | •••• | •••• | •••• |
| 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 Quantsolar Technologies are in the company report.
Financial statements from FY 2017
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 Quantsolar Technologies Private Limited
Quantsolar Technologies 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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Suntek Energy Systems Private Limited | ₹63.04 Cr (FY 2024) | •••• | •••• | 72.0% | •••• | Hyderabad, Telangana, India |
| Remon Solutions Private Limited | ₹63.03 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| VSL Re Power Private Limited | ₹62.89 Cr (FY 2025) | •••• | •••• | 263.0% | •••• | Kolkata, West Bengal, India |
| I G Solar Private Limited | ₹62.81 Cr (FY 2024) | •••• | •••• | 339.0% | •••• | New Delhi, Delhi, India |
| Powersol Infra Services Private Limited | ₹62.66 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Hyderabad, Telangana, India |
| Quantsolar Technologies Private Limited this company | ₹62.46 Cr (FY 2025) | •••• | •••• | 81.0% | •••• | Kolkata, West Bengal, India |
| Simms Engineering Private Limited | ₹62.43 Cr (FY 2025) | •••• | •••• | 48.0% | •••• | Porbandar, Gujarat, India |
| Kailash Devbuild (India) Private Limited | ₹62.14 Cr (FY 2023) | •••• | •••• | -9.0% | •••• | Jabalpur, Madhya Pradesh, India |
| Arken Solutions Private Limited | ₹61.81 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Bangalore, Karnataka, India |
| Moopens Energy Solutions Private Limited | ₹61.7 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Aluva West Village, Kerala, India |
| Damodhartech International Private Limited | ₹61.34 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Quantsolar Technologies 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 Quantsolar Technologies Private Limited
Quantsolar Technologies Private Limited is audited by Bukari and Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Bukari and 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 Quantsolar Technologies Private Limited
Quantsolar Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Kumar Sinha Also directs: Appliedc6 Technologies Private Limited | Whole-Time Director | 21 Apr 2017 | 9 Years 5 Months | Current |
| Siddhant Agarwal Also directs: Appliedc6 Technologies Private Limited | Whole-Time Director | 21 Apr 2017 | 9 Years 5 Months | Current |
| Pankaj Biswas | Director | 01 Apr 2017 | 9 Years 6 Months | Current |
Ownership and Shareholding of Quantsolar Technologies 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 Quantsolar Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Sep 2025 | Hdfc Bank Limited | ₹10 Cr | Open |
| 20 Sep 2023 | Others | ₹20.86 Lakh | Open |
| 22 Sep 2022 | Others | ₹15.5 Lakh | Open |
| 20 Feb 2021 | Others | ₹25 Cr | Open |
| 19 Jul 2025 | Others | ₹2.5 Cr | Satisfied |
Total charge records: 6 View all charges
Deals & Funding of Quantsolar Technologies Private Limited
Quantsolar Technologies Private Limited has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.22 Cr; the latest was in March 2024.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Sun Power & Consultants Private Limited, 3 individuals Seller: 2 individuals |
| Nov 2022 | Funding round | ₹2.02 Cr | Investors: 4 individuals |
| Apr 2022 | Funding round | ₹2.85 Cr | Investors: Antrish Inc, Sun Power & Consultants Private Limited, an individual |
| Feb 2022 | Funding round | ₹1.44 Cr | Investors: 4 individuals |
Full deal history
All 9 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.
Associated Brands with Quantsolar Technologies Private Limited
Quantsolar Technologies operates one associated brand: QuantSolar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy projects are developed by QuantSolar in India. | quantsolar.com |
Employees and EPFO Compliance at Quantsolar Technologies Private Limited
Quantsolar Technologies Private Limited has a workforce of 56 employees as of Aug 03, 2024.
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 Quantsolar Technologies Private Limited
Quantsolar Technologies Private Limited has 8 board changes on record since 2017: 3 appointments and 5 cessations. The latest: Devendra Kumar Sinha ceased to be Director on 01 Jan 2018.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Quantsolar Technologies 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 Quantsolar Technologies 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 Quantsolar Technologies 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 Quantsolar Technologies Private Limited
Quantsolar Technologies has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACQ4317K1ZA | West Bengal | Active | 24 Jul 2017 |
| 37AAACQ4317K1ZC | Andhra Pradesh | Active | 28 Jan 2018 |
| 36AAACQ4317K1ZE | Telangana | Active | 04 Sep 2022 |
| 35AAACQ4317K1ZG | Andaman and Nicobar Islands | Active | 09 Nov 2022 |
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 Quantsolar Technologies 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 Quantsolar Technologies Private Limited
Quantsolar Technologies is an active private limited company based in Kolkata, West Bengal, India. The company works in power epc, within the energy and power industry. It was incorporated on 22 June 2016 (10+ years old) and is registered under CIN U74999WB2016PTC216281.
Quantsolar Technologies reported revenue of ₹62.46 Cr for FY 2025 (up 81% YoY).
Quantsolar Technologies has 3 current directors:
- Pankaj Kumar Sinha - Whole-Time Director
- Siddhant Agarwal - Whole-Time Director
- Pankaj Biswas - Director
Quantsolar Technologies reported a net profit of ₹6.66 Cr (net margin 10.7%) and EBITDA of ₹9.13 Cr (EBITDA margin 14.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Quantsolar Technologies is 106% over three years and 49% over five years. In the latest year (FY 2025) revenue rose 81%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Quantsolar Technologies is 19AAACQ4317K1ZA, registered in West Bengal. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAACQ4317K1ZC (Andhra Pradesh), 36AAACQ4317K1ZE (Telangana), 35AAACQ4317K1ZG (Andaman and Nicobar Islands).
The CIN (Corporate Identification Number) of Quantsolar Technologies is U74999WB2016PTC216281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Quantsolar Technologies was incorporated on 22 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Kolkata.
Quantsolar Technologies has 9 deals on record (4 funding rounds, 4 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.22 Cr; the latest was in March 2024.
The peers of Quantsolar Technologies by revenue are Suntek Energy Systems Private Limited, Remon Solutions Private Limited, VSL Re Power Private Limited, I G Solar Private Limited, Powersol Infra Services Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Devendra Kumar Sinha ceased to be Director on 01 Jan 2018. Hiralal Agarwal ceased to be Director on 01 Jan 2018. Pankaj Biswas ceased to be Additional Director on 25 Sep 2017. Quantsolar Technologies has 8 board changes on record in total.