Relevance Solutions India Private Limited
About Relevance Solutions India Private Limited
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Relevance Solutions India Private Limited is a private limited company based in Velapur, Maharashtra, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 12 December 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2018PTC180706. Its GSTIN is 27AAJCR2982G1Z1 (Maharashtra).
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹4 Lakh. It is led by directors Shailesh Shankar Patel and Raksha Shailesh Patel.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Care Of T K Patel Gat No 1391/1 A/P:Velapur Velapur – Akluj Road, Maharashtra, India – 413113.
As per the financials filed for FY 2022, the company reported a revenue of ₹59.19 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹3.04 Lakh (net margin -5.1%) and EBITDA of -₹2.95 Lakh (EBITDA margin -5%). Revenue has grown at a compounded annual rate (CAGR) of 156% over three years.
Company details
Contact details
Relevance Solutions India Private Limited's registered office is in Velapur, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCare Of T K Patel Gat No 1391/1 A/P:Velapur Velapur – Akluj Road, Maharashtra, India – 413113
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Relevance Solutions India 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
Business activity
The main business activity of Relevance Solutions India 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 Relevance Solutions India Private Limited, buy the company report.
Financials of Relevance Solutions India Private Limited
FY 2023 filings availableRelevance Solutions India Private Limited reported revenue of ₹59.19 Lakh (down 70% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 70% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 156%. EBITDA fell 126% 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹59.19 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
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| Depreciation and Amortisation | ||||
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| Total Expenses | ||||
| EBITDA | -₹2.95 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹3.04 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
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| Trade Payables | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -5% | |||
| Net Profit Margin | -5.1% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
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| Efficiency and Growth | ||||
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| Receivable Days | ||||
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| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Relevance Solutions India Private Limited, buy the company report.
Board of directors of Relevance Solutions India Private Limited
Relevance Solutions India has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Shankar Patel Also directs: Jennytuff Industries LLP, Devki Gopal Foundation | Director | 12 Dec 2018 | 7 Years 11 Months | Current |
| Raksha Shailesh Patel Also directs: Jennytuff Industries LLP, Royaltuff Industries LLP | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
Auditor
Relevance Solutions India Private Limited is audited by Shashil Gandhi And Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shashil Gandhi And Associates | FY 2022 | 121044W |
Shareholding
The shareholding of Relevance Solutions India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Relevance Solutions India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Relevance Solutions India 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 Relevance Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Relevance Solutions India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAJCR2982G1Z1 | Maharashtra | Active | 17 Jan 2019 |
To see the full GST registrations and return filing status of Relevance Solutions India Private Limited, buy the company report.
Recent activity
Relevance Solutions India Private Limited has 3 board changes on record since 2018: 2 appointments and 1 cessation. The latest: Digvijay Satishkumar Vora ceased to be Director on 15 Sep 2020.
Frequently asked questions
Relevance Solutions India is an active private limited company based in Velapur, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 12 December 2018 (8+ years old) and is registered under CIN U74999PN2018PTC180706.
Relevance Solutions India has 2 current directors:
- Shailesh Shankar Patel - Director
- Raksha Shailesh Patel - Director
The latest financial statements of Relevance Solutions India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Relevance Solutions India is 27AAJCR2982G1Z1, registered in Maharashtra.
The CIN (Corporate Identification Number) of Relevance Solutions India is U74999PN2018PTC180706. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Relevance Solutions India was incorporated on 12 December 2018, making it 8+ years old. It is registered with the Registrar of Companies, Pune.
Digvijay Satishkumar Vora ceased to be Director on 15 Sep 2020. Raksha Shailesh Patel was appointed as Director on 15 Sep 2020. Shailesh Shankar Patel was appointed as Director on 12 Dec 2018.
The registered office of Relevance Solutions India is at Care Of T K Patel Gat No 13911 AP:Velapur Velapur – Akluj Road, Maharashtra, India – 413113.
Relevance Solutions India operates in the energy and power industry, in the power epc segment.
Relevance Solutions India can be reached at its registered office: Care Of T K Patel Gat No 13911 AP:Velapur Velapur – Akluj Road, Maharashtra, India – 413113.
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