About Rays Future Energy India Private Limited
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Rays Future Energy India Private Limited is a private limited company based in Jaipur, Rajasthan, India, a subsidiary of Rays Power Infra Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 14 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40106RJ2016PTC054937. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Rays Solar Kart Private Limited. It is led by directors Shashi Kant and Lalit Kumar Mehta.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 43 Janpath Shyam Nagar, Jaipur, Rajasthan, India – 302019.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.54 Lakh, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹23.21 Lakh (net margin 98.6%) and EBITDA of ₹23.21 Lakh (EBITDA margin 98.6%). Revenue has grown at a compounded annual rate (CAGR) of 45% over five years.
Its group structure includes 13 subsidiaries.
As per MCA filings, the company has satisfied charges of ₹82.64 Cr 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 rayspowerinfra.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD – 43 Janpath Shyam Nagar, Jaipur, Rajasthan, India – 302019
- IndustryEnvironment, Solar Energy 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 Rays Future Energy India Private Limited
The main business activity of Rays Future Energy India is electricity, gas, steam and air condition supply. In detail, this covers 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 | 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 Rays Future Energy India Private Limited FY 2025 filings available
Rays Future Energy India Private Limited reported revenue of ₹23.54 Lakh (up 39% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Rays Future Energy India Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 45% over five years, including 39% growth in the latest year. EBITDA rose 83% 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 Rays Future Energy India 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹23.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.21 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Rays Future Energy India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 98.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 98.6% | •••• | •••• | •••• | •••• |
| 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 Rays Future Energy India 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 Rays Future Energy India Private Limited
Rays Future Energy India Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Power Equipment Manufacturers, Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Impel Engineers Private Limited | ₹23.72 Lakh (FY 2025) | •••• | •••• | •••• | Kotda, Gujarat, India | |
| Oppl SPV Raj Private Limited | ₹23.67 Lakh (FY 2025) | •••• | •••• | -4.0% | •••• | Noida, Uttar Pradesh, India |
| Masafi Powertech Private Limited | ₹23.64 Lakh (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| Prerna-Ojas Private Limited | ₹23.63 Lakh (FY 2025) | •••• | •••• | -75.0% | •••• | Lucknow, Uttar Pradesh, India |
| Aton Solar International Private Limited | ₹23.59 Lakh (FY 2025) | •••• | •••• | -70.0% | •••• | Greater Noida, Uttar Pradesh, India |
| Rays Future Energy India Private Limited this company | ₹23.54 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | Jaipur, Rajasthan, India |
| Getri Private Limited | ₹23.37 Lakh (FY 2020) | •••• | •••• | 401.0% | •••• | Chennai, Tamil Nadu, India |
| Tummala Power Private Limited | ₹23.2 Lakh (FY 2024) | •••• | •••• | -56.0% | •••• | Hyderabad, Telangana, India |
| The Hope Engineering Works Private Limited | ₹23.12 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Kusp Life Private Limited | ₹23.07 Lakh (FY 2024) | •••• | •••• | 264.0% | •••• | Hyderabad, Telangana, India |
| Skysorb Solar Power Systems Private Limited | ₹23.06 Lakh (FY 2018) | •••• | •••• | 631.0% | •••• | Navi Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Rays Future Energy India by revenue in the Cleantech industry (Power Equipment Manufacturers, Solar Power), 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 Rays Future Energy India Private Limited
Rays Future Energy India Private Limited is audited by GUPTA BHANDARI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GUPTA BHANDARI & CO. | 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 Rays Future Energy India Private Limited
Rays Future Energy India has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shashi Kant Also directs: Sinnal Solar Power Private Limited, Tuticorin Solar Projects Private Limited, Shining Sun Power Private Limited and 5 more | Director | 18 Oct 2023 | 2 Years 11 Months | Current |
| Lalit Kumar Mehta Also directs: Stonify Surfaces Private Limited, Sinnal Solar Power Private Limited, Annigeri Solar Power Private Limited and 5 more | Director | 08 Jul 2022 | 4 Years 3 Months | Current |
Ownership and Shareholding of Rays Future Energy India 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 Rays Future Energy India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 2019 | Others | ₹24.14 Cr | Satisfied |
| 23 Aug 2018 | Others | ₹58.5 Cr | Satisfied |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Rays Future Energy India Private Limited
Employment history and EPFO contributions of people linked to Rays Future Energy India.
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.
Group Structure of Rays Future Energy India Private Limited
Rays Future Energy India has 13 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Dadur Solar Power Private Limited | U40100RJ2021PTC078763 | Locked |
| Kumbhari Renewables Private Limited | U40100RJ2021PTC078875 | Locked |
| Rays Future Energy Solar Park Private Limited | U40101RJ2018PTC061390 | Locked |
| Robertsganj Solar Private Limited | U40106RJ2018PTC061060 | Locked |
| Vannur Solar Power Private Limited | U40106RJ2021PTC074745 | Locked |
| Hallur Solar Power Private Limited | U40106RJ2021PTC074746 | Locked |
Showing major subsidiaries. Total: 13.
Recent Activity on Rays Future Energy India Private Limited
Rays Future Energy India Private Limited has 9 board changes on record since 2016: 2 appointments and 7 cessations. The latest: Shashi Kant ceased to be Additional Director on 26 Sep 2024.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Rays Future Energy India 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 Rays Future Energy India 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 Rays Future Energy India 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 Rays Future Energy India Private Limited
Rays Future Energy India 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.
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 Rays Future Energy India 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.
Related news about Rays Future Energy India Private Limited
Frequently Asked Questions about Rays Future Energy India Private Limited
Rays Future Energy India is an active private limited company based in Jaipur, Rajasthan, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 14 May 2016 (10+ years old) and is registered under CIN U40106RJ2016PTC054937.
Rays Future Energy India reported revenue of ₹23.54 Lakh for FY 2025 (up 39% YoY).
Rays Future Energy India has 2 current directors:
- Shashi Kant - Director
- Lalit Kumar Mehta - Director
Rays Future Energy India reported a net profit of ₹23.21 Lakh (net margin 98.6%) and EBITDA of ₹23.21 Lakh (EBITDA margin 98.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Rays Future Energy India is 45% over five years. In the latest year (FY 2025) revenue rose 39%. CAGR is the steady yearly rate that links the first and the last year.
No. Rays Future Energy India has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Rays Future Energy India is U40106RJ2016PTC054937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Rays Future Energy India was incorporated on 14 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Rays Future Energy India by revenue are Impel Engineers Private Limited, Oppl SPV Raj Private Limited, Masafi Powertech Private Limited, Prerna-Ojas Private Limited, Aton Solar International Private Limited and 5 more, all in the Cleantech industry (Power Equipment Manufacturers, Solar Power).
Shashi Kant ceased to be Additional Director on 26 Sep 2024. Shashi Kant was appointed as Director on 18 Oct 2023. Shiv Prakash Mathur ceased to be Director on 18 Oct 2023. Rays Future Energy India has 9 board changes on record in total.
Rays Future Energy India can be reached through the website rayspowerinfra.com. Its registered office is in Jaipur, Rajasthan, India.