Sirar Dhotre Solar Private Limited

Sirar Dhotre Solar Private Limited - energy and power in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U40300KA2016PTC097314 Incorporated 21 October 2016 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company energy and power
Data last updated
Revenue · FY 2025
₹48.83 Lakh
▼ 25% YoY
Net loss · FY 2025
₹6.38 Lakh
Net margin -13.1%
EBITDA · FY 2025
₹31.53 Lakh
EBITDA margin 64.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
8
As per MCA filings
Active GSTINs
1
GST registered

About Sirar Dhotre Solar Private Limited

Data last updated:

Sirar Dhotre Solar Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Kurlon Enterprise Limited. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 21 October 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40300KA2016PTC097314. Its GSTIN is 29AAYCS0943D1ZY (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Jitendra Kanhaiyalal Purohit and Ashok Bhima Dhotre.

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 N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.

As per the financials filed for FY 2025, the company reported a revenue of ₹48.83 Lakh, a decline of 25% compared to the previous year. For the same year it recorded a net loss of ₹6.38 Lakh (net margin -13.1%) and EBITDA of ₹31.53 Lakh (EBITDA margin 64.6%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years.

Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2020.

The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U40300KA2016PTC097314
Registration Number 097314
Incorporation Date 21 October 2016
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Kurlon Enterprise Limited
Compliance Status Active Compliant

Contact details

Sirar Dhotre Solar Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042
  • Industry
    Energy and Power, Power Transmission & Distribution Services

To see the full contact details of Sirar Dhotre Solar Private Limited, buy the company report.

Comprehensive company report
Sirar Dhotre 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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Business activity

The main business activity of Sirar Dhotre Solar is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air conditioning supply35Electricity, gas, steam and air conditioning supply

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

Financials of Sirar Dhotre Solar Private Limited

FY 2025 filings available

Sirar Dhotre Solar Private Limited reported revenue of ₹48.83 Lakh (down 25% YoY) for FY 2025.

Revenue · FY 2025
₹48.83 Lakh ▼ 25%
Net loss · FY 2025
₹6.38 Lakh margin -13.1%
EBITDA · FY 2025
₹31.53 Lakh margin 64.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 15%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▼ 10%
5 years · compounded
▼ 4%

Revenue has declined at a compounded annual rate (CAGR) of 15% over three years, including a 25% fall in the latest year. EBITDA rose 30% 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₹31.53 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹6.38 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin64.6%
Net Profit Margin-13.1%
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 Sirar Dhotre Solar Private Limited, buy the company report.

Board of directors of Sirar Dhotre Solar Private Limited

Sirar Dhotre Solar has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Katpady Madhava KiniAdditional Director25 Mar 20215 Years 7 MonthsCurrent
Jitendra Kanhaiyalal PurohitDirector25 Aug 20224 Years 2 MonthsCurrent
Ashok Bhima DhotreDirector21 Oct 201610 Years 0 MonthsCurrent
Gev Framroze EngineerDirector29 Nov 20196 Years 10 MonthsCurrent
Aspi Nariman KatgaraDirector29 Nov 20196 Years 10 MonthsCurrent
Yazdin Jimmy MistryDirector29 Nov 20196 Years 10 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Auditor

Sirar Dhotre Solar Private Limited is audited by ASA & Associates LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
ASA & Associates LLPFY 2023009571N/N500006

Shareholding

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

To see the full shareholding pattern of Sirar Dhotre Solar Private Limited, buy the company report.

Deals & funding

Sirar Dhotre Solar Private Limited has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2020.

Total deals
2
Rights issue
1
Secondary share transfer
1

Deals on record (2 of 2)

WhenDealAmountParties
May 2020Rights issue₹4 LakhInvestors: Kurlon Enterprise Limited
Dec 2019Secondary share transferUndisclosedBuyer: Kurlon Enterprise Limited , Kanara Consumer Products Limited
Seller: 2 individuals

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

MSME payment delays

No delayed payments to MSME suppliers are on our record for Sirar Dhotre Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Sirar Dhotre Solar has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAYCS0943D1ZYKarnatakaActive06 Aug 2021

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

Recent activity

Sirar Dhotre Solar Private Limited has 20 board changes on record since 2016: 8 appointments and 12 cessations. The latest: Savita Ashok Dhotre was appointed as Additional Director on 29 Oct 2025.

Appointed
Savita Ashok Dhotre was appointed as Additional Director.
AGM
Sirar Dhotre Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Sirar Dhotre Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Jitendra Kanhaiyalal Purohit ceased to be Additional Director.
Ceased
Shamsunder Ramarathnam Shankam ceased to be Director.
Ceased
Jamsheed Minoo Panday ceased to be Director.
Appointed
Jitendra Kanhaiyalal Purohit was appointed as Director.
Ceased
Rayomand Eruch Damania ceased to be Additional Director.
Ceased
Asfandiar Daroowala ceased to be Director.
Appointed
Katpady Madhava Kini was appointed as Additional Director.
Ceased
Taranath Chandayya Kotian ceased to be Director.
Ceased
Firozi Meherwan Patel ceased to be Director.

11 earlier events are in the company report.

Frequently asked questions

Sirar Dhotre Solar is an active private limited company based in Bangalore, Karnataka, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 21 October 2016 (10+ years old) and is registered under CIN U40300KA2016PTC097314.

Sirar Dhotre Solar has 8 current directors:

The latest financial statements of Sirar Dhotre 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 2017 are in the company report.

The GSTIN of Sirar Dhotre Solar is 29AAYCS0943D1ZY, registered in Karnataka.

The CIN (Corporate Identification Number) of Sirar Dhotre Solar is U40300KA2016PTC097314. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Sirar Dhotre Solar has 1 court case on record: 1 filed against it. 1 is pending.

Sirar Dhotre Solar was incorporated on 21 October 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.

Sirar Dhotre Solar has 2 deals on record (1 rights issue, 1 secondary share transfer); the latest was in May 2020.

Savita Ashok Dhotre was appointed as Additional Director on 29 Oct 2025. Jitendra Kanhaiyalal Purohit ceased to be Additional Director on 30 Sep 2022. Shamsunder Ramarathnam Shankam ceased to be Director on 31 Aug 2022. Sirar Dhotre Solar has 20 board changes on record in total.

The registered office of Sirar Dhotre Solar is at N – 301 3rd Floor North Block Manipal Centre 47 Dickenson Road, Bangalore, Karnataka, India – 560042.