About Quark Solar Private Limited
Data last updated: 11 January 2026
Quark Solar Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Pae Limited. It specialises in power epc, a part of the broader energy and power sector. Incorporated on 20 July 1998, the company has been in operation for over 28 years.
Registered with ROC Mumbai under CIN U51397MH1998PTC115885.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹93.85 Lakh. Formerly known as Sky Naturenergy Private Limited and Onesun Private Limited. It is led by directors Pratibha Arvind Doshi and Sohini Pritam Doshi.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 69 Tardeo Road, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.63 Cr, a growth of 0% compared to the previous year.
It operates as a subsidiary of Pae Limited.
The company is associated with 2 brands - Pae Renewables, Quark Solar. As per MCA filings, the company has open charges of ₹1.75 Cr and satisfied charges of ₹55 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website quarksolar.in.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered Address69 Tardeo Road, Mumbai, Maharashtra, India – 400034
-
IndustryEnergy and Power, Power EPC, BoP & BTG Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Quark Solar Private Limited
Quark Solar Private Limited has undergone 10 name changes throughout its history. The current legal name is Quark Solar Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Quark Solar Private Limited | Current |
| Sky Naturenergy Private Limited | Previous |
| Onesun Private Limited | Previous |
| Power Onesun Private Limited | Previous |
| Ascent Medical India Private Limited | Previous |
| Elio Power Private Limited | Previous |
| Pae Renewables Private Limited | Previous |
| Onesun Green Power Private Limited | Previous |
| Onesun Urja Private Limited | Previous |
| Onesun Solar Power Private Limited | Previous |
| Elio Solar Private Limited | Previous |
Associated Brands with Quark Solar Private Limited
Quark Solar Private Limited operates two associated brands: PAE Renewables and Quark Solar. These brands represent Quark Solar Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Designs and installs solar energy systems for sustainable solutions. | paerenewables.com | |
| Delivers turnkey EPC services for commercial solar projects in India. | quarksolar.in |
Competitors & Alternatives of Quark Solar Private Limited
Brands and companies operating in the same space as Quark Solar Private Limited include Lightsource BP, Rays Power Infra, Fourth Partner Energy and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Solar energy projects are developed and operated by Lightsource BP. | Holborn, United Kingdom, United Kingdom | 2010 |
|
|
Turnkey solar engineering, procurement, and construction solutions are provided. | Jaipur, India, India | 2011 |
|
|
On-grid and off-grid solar solutions and products are provided. | Hyderabad, India, India | 2010 |
|
|
Solar energy projects are developed for residential and commercial applications. | Hyderabad, India, India | 2014 |
|
|
Solar energy projects are developed by Oriano Solar in India. | Mumbai, India, India | 2015 |
|
|
Provider of a range of solar products and services | Ahmedabad, India, India | 2022 |
|
|
Provider of solar EPC, IPP services, and battery energy storage systems | Ahmedabad, India, India | 2011 |
|
|
Turnkey EPC services for solar power plants are provided. | Mumbai, India, India | 2010 |
|
|
Solar energy projects are developed and managed globally. | Delhi, India, India | 2015 |
|
|
Solar installation services and renewable energy solutions are provided. | Gurugram, India, India | 2008 |
Business Activity of Quark Solar Private Limited
Quark Solar Private Limited is engaged in the principal business activity of electricity, gas, steam and air condition supply, with detailed activities including electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | ********* |
Auditor Details of Quark Solar Private Limited
Quark Solar Private Limited is audited by M B Agarwal And Co for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M B Agarwal And Co | blur-value | blur-value | blur-value |
Board of Directors of Quark Solar Private Limited
Quark Solar Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Pratibha Arvind Doshi
Also directs:
Rajubai Consultancy Llp
|
Director | 28 Aug 2023 | 2 Years 10 Months | Current |
| Sohini Pritam Doshi | Managing Director | 03 Nov 2018 | 7 Years 8 Months | Current |
Financials of Quark Solar Private Limited FY 2025 filings available
Quark Solar Private Limited reported revenue of ₹19.63 Cr (up 0% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Quark Solar Private Limited
As of FY 2023, Quark Solar Private Limited's shareholding pattern shows 90.00% by promoters, 10.00% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Quark Solar Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Jul 2022 | Others | ₹1.75 Cr | Open |
| 12 Jan 2012 | The Jain Sahakari Bank Limited | ₹55 Lakh | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Quark Solar Private Limited
View historical data on people associated with Quark Solar Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Quark Solar Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Quark Solar Private Limited
GSTIN & GST Filing Data of Quark Solar Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Quark Solar Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Quark Solar Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Quark Solar Private Limited
MSME Payment Delays by Quark Solar Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Quark Solar Private Limited
Subsidiaries & Group Companies of Quark Solar Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Quark Solar Private Limited with ownership details.
MCA Filings & Documents of Quark Solar Private Limited
MCA Filings & Documents of Quark Solar Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Quark Solar Private Limited
Frequently Asked Questions about Quark Solar Private Limited
Quark Solar Private Limited is an active private limited company in the energy and power sector based in Mumbai, Maharashtra, India. It was incorporated on 20 July 1998 (28+ years old) and is registered under CIN U51397MH1998PTC115885.
Quark Solar Private Limited reported revenue of ₹19.63 Cr for FY 2025 (up 0.00% YoY).
The current directors of Quark Solar Private Limited are:
- Pratibha Arvind Doshi
- Sohini Pritam Doshi
- Pritam Arvind Doshi
The primary industry of Quark Solar Private Limited is energy and power. The company specifically operates in power epc. The company is currently active in this sector.
Quark Solar Private Limited can be reached at the registered office: 69 Tardeo Road, Mumbai, Maharashtra, India – 400034, or through the website quarksolar.in.
The authorised capital is ₹10 Cr, and the paid-up capital is ₹93.85 Lakh.