Rugged Solar Products Private Limited

Rugged Solar Products Private Limited - consumer electronics & durables in Doddaballapura, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC101164 Incorporated 08 March 2017 ROC Bangalore HQ Doddaballapura, Karnataka, India
Active Private Limited Company consumer electronics and durables DPIIT Startup MSME · Small
Data last updated
Revenue · FY 2025
₹24.62 Cr
▲ 14% YoY
Net profit · FY 2025
₹3.61 Cr
Net margin 14.6%
EBITDA · FY 2025
₹5.75 Cr
EBITDA margin 23.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹3.02 Lakh
Issued & subscribed
Open charges
₹7 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Rugged Solar Products Private Limited

Data last updated:

Rugged Solar Products Private Limited is a private limited company based in Doddaballapura, Karnataka, India, recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 08 March 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101164. Its GSTIN is 29AAICR1635B1ZK (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹3.02 Lakh. It is led by directors including Chinnagandham Bhupathi Gopalakrishna and Peter Hartmut Voelkner.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 4 5 6 7 & 8 Apparel Park, Phase 1 Doddaballapura, Karnataka, India – 561203.

As per the financials filed for FY 2025, the company reported a revenue of ₹24.62 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹3.61 Cr (net margin 14.6%) and EBITDA of ₹5.75 Cr (EBITDA margin 23.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 30% over five years.

The company is associated with 2 brands: 3Evi and Rugged Solar Products. As per MCA filings, the company has open charges of ₹7 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in November 2019. The company has 6 MSME Form 1 returns on record between 2021 and 2022, listing 149 overdue payments to 50 micro and small suppliers.

Rugged Solar Products Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0227610). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ruggedsolar.net.

Company details

CIN U74999KA2017PTC101164
Registration Number 101164
Incorporation Date 08 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0227610
Key People
Chinnagandham Bhupathi Gopalakrishna Director Karan Kadaba Additional Director Peter Hartmut Voelkner Director

Recognitions & Rankings of Rugged Solar Products

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0227610

Contact details

Rugged Solar Products Private Limited's registered office is in Doddaballapura, Karnataka. Its website is ruggedsolar.net. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    ruggedsolar.net
  • Social Media
  • Registered Address
    No. 4 5 6 7 & 8 Apparel Park, Phase 1 Doddaballapura, Karnataka, India – 561203
  • Industry
    Consumer Electronics & Durables, Electronics Manufacturing

To see the full contact details of Rugged Solar Products Private Limited, buy the company report.

Comprehensive company report
Rugged Solar Products Private Limited - one report that includes everything
  • 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
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Brands

Rugged Solar Products operates two associated brands: 3evi and Rugged Solar Products. Each brand links to its own profile.

BrandDescriptionWebsite
3evi
Three-wheel electric vehicles are manufactured along with hyper-local connectivity services.3evi.com
Rugged Solar Products
Rugged solar products including photovoltaic panels are manufactured and supplied.ruggedsolar.net

Business activity

The main business activity of Rugged Solar Products is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Rugged Solar Products Private Limited, buy the company report.

Financials of Rugged Solar Products Private Limited

FY 2025 filings available

Rugged Solar Products Private Limited reported revenue of ₹24.62 Cr (up 14% YoY) for FY 2025.

Revenue · FY 2025
₹24.62 Cr ▲ 14%
Net profit · FY 2025
₹3.61 Cr margin 14.6%
EBITDA · FY 2025
₹5.75 Cr margin 23.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 9%
5 years · compounded
▲ 30%
EBITDA CAGR growth
1 year
▲ 144%
3 years · compounded
▲ 46%
5 years · compounded
▲ 221%

Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 14% growth in the latest year. EBITDA rose 144% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.75 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.61 Cr
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin23.4%
Net Profit Margin14.6%
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

To see the full financial statements and ratios of Rugged Solar Products Private Limited, buy the company report.

Board of directors of Rugged Solar Products Private Limited

Rugged Solar Products has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chinnagandham Bhupathi Gopalakrishna
Also directs: Globosport Licensing and Merchandising Private Limited, Rebatt South India Private Limited, Big Daddy Productions Private Limited and 4 more
Director08 Mar 20179 Years 7 MonthsCurrent
Karan Kadaba
Also directs: Karmasukom Energy LLP, 3Ev Industries Private Limited, 3Eco Systems Private Limited
Additional Director03 Oct 20251 Years 1 MonthsCurrent
Peter Hartmut Voelkner
Also directs: 3Ev Industries Private Limited, 3Eco Systems Private Limited
Director08 Mar 20179 Years 7 MonthsCurrent
View all directors

Auditor

Rugged Solar Products Private Limited is audited by VINAY AND KESHAVA LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
VINAY AND KESHAVA LLPFY 2023005586S/S-200008

Shareholding

The shareholding of Rugged Solar Products 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Rugged Solar Products Private Limited, buy the company report.

Charges & borrowings

Open charges
₹7 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹4.00 Cr
State Bank of India₹3.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Jan 2025101040733State Bank of India₹3 CrOpen
23 May 2024100932862Others₹4 CrOpen

To see the full charge records of Rugged Solar Products Private Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Rugged Solar Products Private Limited has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in November 2019.

Total deals
2
Rights issue
1
Funding round
1
Disclosed funding
₹1.5 Cr

Deals on record (2 of 2)

WhenDealAmountParties
Nov 2019Rights issue₹2.27 CrInvestors: Rebatt Limited, an individual
Feb 2018Funding round₹1.5 CrInvestors: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Rugged Solar Products Private Limited has 6 MSME Form 1 returns on record between 2021 and 2022, listing 149 overdue payments to 50 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 50)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
an individual supplier
B M R Water Supply & Building Materials Contractor
an individual supplier

To see the full MSME payment records of Rugged Solar Products Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Group structure & subsidiaries

Rugged Solar Products has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Associated companies

GST

Rugged Solar Products has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAICR1635B1ZKKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Rugged Solar Products Private Limited, buy the company report.

Recent activity

Rugged Solar Products Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Karan Kadaba was appointed as Additional Director on 03 Oct 2025.

Appointed
Karan Kadaba was appointed as Additional Director.
AGM
Rugged Solar Products Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Rugged Solar Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India amounted to Rs. 300.00 Lakh with Charge ID 101040733 was registered on 15 Jan 2025.
Charges
A charge with Others of Rs. 400.00 Lakh registered on 23 May 2024 with Charge ID 100932862 was modified on 09 Sep 2024.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100932862 was registered on 23 May 2024.
Ceased
Mahesh Ramdas Kadaba ceased to be Additional Director.
Ceased
Karan Kadaba ceased to be Additional Director.
Ceased
Milind Lakshman Nulkar ceased to be Additional Director.
Appointed
Chinnagandham Bhupathi Gopalakrishna was appointed as Director.
Appointed
Peter Hartmut Voelkner was appointed as Director.
Incorporation
08 Mar 2017
Rugged Solar Products Private Limited was registered on 08 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.

Frequently asked questions

Rugged Solar Products is an active private limited company based in Doddaballapura, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 08 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101164.

Rugged Solar Products has 3 current directors:

The latest financial statements of Rugged Solar Products on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Rugged Solar Products is 29AAICR1635B1ZK, registered in Karnataka.

The CIN (Corporate Identification Number) of Rugged Solar Products is U74999KA2017PTC101164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Rugged Solar Products has 1 court case on record: 1 filed by the company.

Rugged Solar Products was incorporated on 08 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Rugged Solar Products has 2 deals on record (1 rights issue, 1 funding round), with disclosed funding of ₹1.5 Cr; the latest was in November 2019.

Karan Kadaba was appointed as Additional Director on 03 Oct 2025. Mahesh Ramdas Kadaba ceased to be Additional Director on 08 May 2024. Karan Kadaba ceased to be Additional Director on 11 Jan 2024. Rugged Solar Products has 6 board changes on record in total.

Yes, Rugged Solar Products is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Rugged Solar Products is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0227610).