Sarkun Solar Private Limited
About Sarkun Solar Private Limited
Data last updated:
Sarkun Solar Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 02 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U40106DL2014PTC271159. Its GSTIN is 07AABCU7366H2Z1 (Delhi). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Photon Vidyut Private Limited and Ultraviolet Vidhyut Private Limited. It is led by directors Saurabh Nigam and Govind Pathak.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at B – 179 Ground Floor Jangpura – B, New Delhi, Delhi, India – 110014.
As per the financials filed for FY 2020, the company reported a revenue of ₹4.53 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹1.01 Cr (net margin -22.2%) and EBITDA of -₹4.72 Cr (EBITDA margin -104.4%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh on record. Court records list 21 cases involving the company, including 1 filed by the company and 20 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Sarkun Solar has undergone 2 name changes throughout its history. The company was previously known as Photon Vidyut Private Limited, and Ultraviolet Vidhyut Private Limited. The current legal name is Sarkun Solar Private Limited.
| Company Name | Status |
|---|---|
| Sarkun Solar Private Limited | Current |
| Photon Vidyut Private Limited | Previous |
| Ultraviolet Vidhyut Private Limited | Previous |
Contact details
Sarkun Solar Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressB – 179 Ground Floor Jangpura – B, New Delhi, Delhi, India – 110014
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sarkun Solar 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 Sarkun Solar 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 |
Financials of Sarkun Solar Private Limited
FY 2022 filings availableSarkun Solar Private Limited reported revenue of ₹4.53 Cr (down 66% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 77% over three years, including a 66% fall 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹4.53 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹4.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.01 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -104.4% | ||||
| Net Profit Margin | -22.2% | ||||
| 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 Sarkun Solar Private Limited, buy the company report.
Board of directors of Sarkun Solar Private Limited
Sarkun Solar has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saurabh Nigam | Additional Director | 30 Aug 2021 | 5 Years 1 Months | Current |
| Govind Pathak Also directs: Today Energy (M.P.) Private Limited, Today Power Private Limited, PR Infrastructures Private Limited and 5 more | Additional Director | 10 Aug 2021 | 5 Years 2 Months | Current |
Auditor
Sarkun Solar Private Limited is audited by H C AGRAWAL & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H C AGRAWAL & ASSOCIATES | FY 2020 | 008931N |
Shareholding
The shareholding of Sarkun Solar Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Sarkun Solar Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Nov 2018 | 100220528 | Others | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Sarkun Solar Private Limited has 21 court cases on record: 1 filed by Sarkun Solar, 20 filed against it. 4 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 10 | 10 | 2 |
| District courts | 6 | 6 | 1 |
| NCLT | 4 | 3 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Schneider Electric India Private Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by Schneider Electric India Private Limited | Pending |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by M/S. Golconda Corrosion Control Pvt Ltd, Repby Director, Mohd Naseer Hussain, S/O. Late Mohd Ismail | Pending |
| High Court of Delhi | Commercial suit | Filed against the company by Waaree Energies Limited | Pending |
| NCLAT, NCLAT New Delhi | Court case (Caveat) | Filed against the company by Schneider Electric India Private Limited | Disposed |
To see the full case history of Sarkun Solar Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sarkun Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sarkun Solar Private Limited has a workforce of 4 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
GST
Sarkun Solar has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCU7366H2Z1 | Delhi | Active | 15 Sep 2017 |
| 29AABCU7366H1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sarkun Solar Private Limited, buy the company report.
Recent activity
Sarkun Solar Private Limited has 7 board changes on record since 2016: 2 appointments and 5 cessations. The latest: Navin Thakur ceased to be Director on 30 Aug 2021.
Frequently asked questions
Sarkun Solar is an active private limited company based in New Delhi, Delhi, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 02 September 2014 (12+ years old) and is registered under CIN U40106DL2014PTC271159.
Sarkun Solar has 2 current directors:
- Saurabh Nigam - Additional Director
- Govind Pathak - Additional Director
The latest financial statements of Sarkun Solar on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Sarkun Solar is 07AABCU7366H2Z1, registered in Delhi. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AABCU7366H1ZW (Karnataka).
The CIN (Corporate Identification Number) of Sarkun Solar is U40106DL2014PTC271159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sarkun Solar has 21 court cases on record: 1 filed by the company and 20 filed against it. 4 are pending. Most are in the nclat.
Sarkun Solar was incorporated on 02 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Delhi.
Navin Thakur ceased to be Director on 30 Aug 2021. Saurabh Nigam was appointed as Additional Director on 30 Aug 2021. Kunal Mahajan ceased to be Director on 27 Aug 2021. Sarkun Solar has 7 board changes on record in total.
The registered office of Sarkun Solar is at B – 179 Ground Floor Jangpura – B, New Delhi, Delhi, India – 110014.
Sarkun Solar operates in the environment industry, in the solar energy solutions segment.