MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-01-0034749
Sanelite Solar Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.44 Cr
▲ 18% YoY
Net profit · FY 2024
₹28.51 Lakh
Net margin 1.5%
EBITDA · FY 2024
₹1.31 Cr
EBITDA margin 7.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹2 Cr
Issued & subscribed
Satisfied charges
₹9.65 Cr
No open charges
Company age
10 yrs
Est. 2016
Employees · EPFO
44
Provident fund records
About Sanelite Solar Private Limited
Data last updated:
Sanelite Solar Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 16 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74900GJ2016PTC086119. Its GSTIN is 24AAWCS7933B1Z2 (Gujarat).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors including Foramben Bhaveshbhai Modi and Sunil Dahyalal Modi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Office No. 301 The Obelisk Opp Shell Petrol Pump Science City Road, Ahmedabad, Gujarat, India – 380061.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.44 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹28.51 Lakh (net margin 1.5%) and EBITDA of ₹1.31 Cr (EBITDA margin 7.1%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Sanelite Solar. As per MCA filings, the company has satisfied charges of ₹9.65 Cr on record.
Sanelite Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sanelitesolar.com.
Company details
CIN U74900GJ2016PTC086119
Registration Number 086119
Incorporation Date 16 February 2016
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0034749
Key People
Foramben Bhaveshbhai Modi Director Sunil Dahyalal Modi Director Bhavesh Dahyalal Modi Director Recognitions & Rankings of Sanelite Solar
Contact details
Sanelite Solar Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sanelitesolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No. 301 The Obelisk Opp Shell Petrol Pump Science City Road, Ahmedabad, Gujarat, India – 380061
- IndustryEnergy and Power, Power EPC, BoP & BTG Services, Power Equipment Manufacturers
To see the full contact details of Sanelite Solar Private Limited, buy the company report.
Comprehensive company report
Sanelite Solar 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
Sanelite Solar operates one associated brand: Sanelite Solar. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar panels, offers EPC services, and installs renewable energy systems. | sanelitesolar.com |
Business activity
The main business activity of Sanelite Solar is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Sanelite Solar Private Limited, buy the company report.
Financials of Sanelite Solar Private Limited
FY 2025 filings availableSanelite Solar Private Limited reported revenue of ₹18.44 Cr (up 18% YoY) for FY 2024.
Revenue · FY 2024
₹18.44 Cr ▲ 18%
Net profit · FY 2024
₹28.51 Lakh margin 1.5%
EBITDA · FY 2024
₹1.31 Cr margin 7.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 10%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 105%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 18% growth in the latest year. EBITDA rose 105% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.31 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.1% | ||||
| Net Profit Margin | 1.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| 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 Sanelite Solar Private Limited, buy the company report.
Board of directors of Sanelite Solar Private Limited
Sanelite Solar has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Foramben Bhaveshbhai Modi | Director | 01 May 2017 | 9 Years 6 Months | Current |
| Sunil Dahyalal Modi | Director | 01 May 2017 | 9 Years 6 Months | Current |
| Bhavesh Dahyalal Modi | Director | 16 Feb 2016 | 10 Years 8 Months | Current |
Peer comparison
Sanelite Solar Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Helbon Engineers Private Limited | ₹18.52 Cr (FY 2025) | 23.0% | Thane, Maharashtra, India | |||
| Soni Conductors Private Limited | ₹18.47 Cr (FY 2025) | 43.0% | Bathinda, Punjab, India | |||
| Sanelite Solar Private Limitedthis company | ₹18.44 Cr (FY 2024) | ₹28.51 Lakh | 1.5% | 18.0% | 44 | Ahmedabad, Gujarat, India |
| Electrogator Green Energy Private Limited | ₹18.44 Cr (FY 2022) | 87.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sanelite Solar Private Limited, buy the company report.
Auditor
Sanelite Solar Private Limited is audited by NILAY S. SHAH for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILAY S. SHAH | FY 2023 | 119644 |
Shareholding
The shareholding of Sanelite Solar 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sanelite Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹9.65 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Aug 2021 | 100481298 | Others | ₹1.37 Cr | Satisfied | |
| 31 Aug 2021 | 100481302 | Others | ₹4 Cr | Satisfied | |
| 18 Oct 2017 | 100154273 | The South Indian Bank Limited | ₹4.28 Cr | Satisfied |
To see the full charge records of Sanelite Solar Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Sanelite Solar 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 Sanelite Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sanelite Solar Private Limited has a workforce of 44 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-4.35%
GST
Sanelite Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS7933B1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sanelite Solar Private Limited, buy the company report.
Recent activity
Sanelite Solar Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Dhaval Babubhai Patel ceased to be Director on 02 May 2017.
AGM
Sanelite Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sanelite Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 31 Aug 2021 via Charge ID 100481298 with Others was fully satisfied on 26 Jun 2024.
Charges
A charge registered on 31 Aug 2021 via Charge ID 100481302 with Others was fully satisfied on 14 May 2024.
Charges
A charge registered on 18 Oct 2017 via Charge ID 100154273 with The South Indian Bank Limited was fully satisfied on 30 Jun 2022.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100481302 was registered on 31 Aug 2021.
Charges
A charge with Others amounted to Rs. 1.37 Cr with Charge ID 100481298 was registered on 31 Aug 2021.
Charges
A charge with The South Indian Bank Limited of Rs. 4.28 Cr registered on 18 Oct 2017 with Charge ID 100154273 was modified on 10 Jun 2020.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 4.28 Cr with Charge ID 100154273 was registered on 18 Oct 2017.
Ceased
Dhaval Babubhai Patel ceased to be Director.
Appointed
Foramben Bhaveshbhai Modi was appointed as Director.
Appointed
Sunil Dahyalal Modi was appointed as Director.
3 earlier events are in the company report.
Frequently asked questions
Sanelite Solar is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 16 February 2016 (10+ years old) and is registered under CIN U74900GJ2016PTC086119.
Sanelite Solar has 3 current directors:
- Foramben Bhaveshbhai Modi - Director
- Sunil Dahyalal Modi - Director
- Bhavesh Dahyalal Modi - Director
The latest financial statements of Sanelite Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Sanelite Solar is 24AAWCS7933B1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Sanelite Solar is U74900GJ2016PTC086119. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sanelite Solar was incorporated on 16 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sanelite Solar by revenue are Helbon Engineers Private Limited, Soni Conductors Private Limited, Electrogator Green Energy Private Limited, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Dhaval Babubhai Patel ceased to be Director on 02 May 2017. Foramben Bhaveshbhai Modi was appointed as Director on 01 May 2017. Sunil Dahyalal Modi was appointed as Director on 01 May 2017. Sanelite Solar has 5 board changes on record in total.
Yes, Sanelite Solar is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0034749).
Sanelite Solar can be reached through the website sanelitesolar.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Sanelite Solar is at Office No. 301 The Obelisk Opp Shell Petrol Pump Science City Road, Ahmedabad, Gujarat, India – 380061.
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