Qubic Suntrack Energy System Private Limited
About Qubic Suntrack Energy System Private Limited
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Qubic Suntrack Energy System Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Ravin Infraproject Private Limited. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 09 February 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U29299MH2010PTC259364. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.3 Cr. It is led by directors including Deepak Suryakant Kelkar and Bharat Kotak Harshavadan.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 403 Akruti Trade Centre Road No. 7 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2016, the company reported a revenue of ₹21.9 Lakh, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹59.49 Lakh (net margin -271.7%) and EBITDA of -₹41.59 Lakh (EBITDA margin -190%).
The company is associated with 1 brand: Qubic Suntrack. As per MCA filings, the company has open charges of ₹60 Lakh and satisfied charges of ₹85 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Qubic Suntrack Energy System has one previous CIN (Corporate Identification Number): U29299PN2010PTC135509. The current CIN is U29299MH2010PTC259364, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29299MH2010PTC259364 | Current |
| U29299PN2010PTC135509 | Previous |
Contact details
Qubic Suntrack Energy System Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address403 Akruti Trade Centre Road No. 7 MIDC Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
To see the full contact details of Qubic Suntrack Energy 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
Brands
Qubic Suntrack Energy System operates one associated brand: Qubic Suntrack. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar-wind hybrid systems for sustainable energy solutions. | qubicsuntracksystems.com |
Business activity
The main business activity of Qubic Suntrack Energy System is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of Qubic Suntrack Energy System Private Limited, buy the company report.
Financials of Qubic Suntrack Energy System Private Limited
FY 2016 filings availableQubic Suntrack Energy System Private Limited reported revenue of ₹21.9 Lakh (down 90% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 90% in the latest year. EBITDA fell 430% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹21.9 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹41.59 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹59.49 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -190% | |
| Net Profit Margin | -271.7% | |
| 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 | ||
To see the full financial statements and ratios of Qubic Suntrack Energy System Private Limited, buy the company report.
Board of directors of Qubic Suntrack Energy System Private Limited
Qubic Suntrack Energy System has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Kotak Harshavadan | Nominee Director | 04 Feb 2014 | 12 Years 8 Months | Current |
| Deepak Suryakant Kelkar Also directs: Eesha Solar LLP, E-Vech Charge LLP | Director | 14 Dec 2012 | 13 Years 10 Months | Current |
| Kalpesh Modi Pravinchandra | Nominee Director | 04 Feb 2014 | 12 Years 8 Months | Current |
Peer comparison
Qubic Suntrack Energy System Private Limited is compared with the 3 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solaflex Solar Energy Private Limited | ₹22.37 Lakh (FY 2025) | -27.0% | Hyderabad, Telangana, India | |||
| Ganesh Decor Tricity Solar Private Limited | ₹22.21 Lakh (FY 2025) | -7.0% | Jaipur, Rajasthan, India | |||
| Qubic Suntrack Energy System Private Limitedthis company | ₹21.9 Lakh (FY 2016) | -₹59.49 Lakh | -271.7% | -90.0% | Mumbai, Maharashtra, India | |
| Isharays Energy Four Private Limited | ₹20.95 Lakh (FY 2025) | Noida, Uttar Pradesh, India |
To see the full peer comparison of Qubic Suntrack Energy System Private Limited, buy the company report.
Auditor
Qubic Suntrack Energy System Private Limited is audited by CHOKSHI & CHOKSHI LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHOKSHI & CHOKSHI LLP | FY 2016 | 101872W |
Shareholding
The shareholding of Qubic Suntrack Energy System Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Qubic Suntrack Energy System Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Dec 2012 | 10396464 | Vidya Sahakari Bank Limited | ₹60 Lakh | Open | |
| 02 Jul 2013 | 10436763 | Vidya Sahakari Bank Limited | ₹25 Lakh | Satisfied | |
| 26 Dec 2012 | 10396466 | Vidya Sahakari Bank Limited | ₹30 Lakh | Satisfied | |
| 15 Mar 2012 | 10348664 | Vidya Sahakari Bank Limited | ₹30 Lakh | Satisfied |
To see the full charge records of Qubic Suntrack Energy System Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Qubic Suntrack Energy 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 Qubic Suntrack Energy System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Qubic Suntrack Energy System has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Qubic Suntrack Energy System Private Limited, buy the company report.
Recent activity
Qubic Suntrack Energy System Private Limited has 9 board changes on record since 2012: 3 appointments and 6 cessations. The latest: Kalpesh Modi Pravinchandra ceased to be Nominee Director on 01 Jun 2019.
7 earlier events are in the company report.
Frequently asked questions
Qubic Suntrack Energy System is an active private limited company based in Mumbai, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 09 February 2010 (16+ years old) and is registered under CIN U29299MH2010PTC259364.
Qubic Suntrack Energy System has 3 current directors:
- Bharat Kotak Harshavadan - Nominee Director
- Deepak Suryakant Kelkar - Director
- Kalpesh Modi Pravinchandra - Nominee Director
The latest financial statements of Qubic Suntrack Energy System on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Qubic Suntrack Energy System has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Qubic Suntrack Energy System is U29299MH2010PTC259364. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Qubic Suntrack Energy System was incorporated on 09 February 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Qubic Suntrack Energy System by revenue are Solaflex Solar Energy Private Limited, Ganesh Decor Tricity Solar Private Limited, Isharays Energy Four Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Kalpesh Modi Pravinchandra ceased to be Nominee Director on 01 Jun 2019. Deepak Suryakant Kelkar ceased to be Director on 30 Nov 2016. Dhananjay Anant Karve ceased to be Nominee Director on 01 Oct 2016. Qubic Suntrack Energy System has 9 board changes on record in total.
The registered office of Qubic Suntrack Energy System is at 403 Akruti Trade Centre Road No. 7 MIDC Andheri East, Mumbai, Maharashtra, India – 400093.
Qubic Suntrack Energy System operates in the energy and power industry, in the bop and btg services segment.
Qubic Suntrack Energy System has open charges of ₹60 Lakh and satisfied charges of ₹85 Lakh as per latest MCA filings.
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