MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0003580
Skylet Power Private Limited
Skylet Power Private Limited - energy and power in Mysore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.47 Cr
▲ 3% YoY
Net profit · FY 2024
₹27.64 Lakh
Net margin 18.8%
EBITDA · FY 2024
₹97.93 Lakh
EBITDA margin 66.7%
Authorised capital
₹2.3 Cr
Registered with MCA
Paid-up capital
₹1.55 Cr
Issued & subscribed
Open charges
₹5.53 Cr
Secured borrowings
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About Skylet Power Private Limited
Data last updated:
Skylet Power Private Limited is a private limited company based in Mysore, Karnataka, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 10 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U40101KA2016PTC094047. Its GSTIN is 29AAXCS2027D1Z4 (Karnataka).
The company has an authorised share capital of ₹2.3 Cr and a paid-up capital of ₹1.55 Cr. It is led by directors including Vivek Ram Mysore Ramappa and Jayalakshmi Hariyabbe Giriyappa.
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 No 17 1st Main 1st Cross Vijayashreepura, Mysore, Karnataka, India – 570006.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.47 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹27.64 Lakh (net margin 18.8%) and EBITDA of ₹97.93 Lakh (EBITDA margin 66.7%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹5.53 Cr on record.
Skylet Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0003580). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Skylet Power Private Limited
CIN U40101KA2016PTC094047
Registration Number 094047
Incorporation Date 10 June 2016
ROC Bangalore
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 Micro
Udyam Registration UDYAM-KR-22-0003580
Key People
Vivek Ram Mysore Ramappa Director Jayalakshmi Hariyabbe Giriyappa Director Vinay Ram Mariyappa Ramappa Director Recognitions & Rankings of Skylet Power
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressNo 17 1st Main 1st Cross Vijayashreepura, Mysore, Karnataka, India – 570006
- IndustryEnergy and Power, Power Transmission & Distribution Services
Comprehensive company report
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Business Activity of Skylet Power Private Limited
The main business activity of Skylet Power is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Skylet Power Private Limited FY 2025 filings available
Skylet Power Private Limited reported revenue of ₹1.47 Cr (up 3% YoY) for FY 2024.
Revenue · FY 2024
₹1.47 Cr ▲ 3%
Net profit · FY 2024
₹27.64 Lakh margin 18.8%
EBITDA · FY 2024
₹97.93 Lakh margin 66.7%
Compounded Annual Growth Rate (CAGR) of Skylet Power Private Limited
Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▼ 1%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 7%
5 years · compounded
▼ 4%
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 2% 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 of Skylet Power Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹97.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹27.64 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 of Skylet Power Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 66.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 18.8% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Skylet Power are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Skylet Power Private Limited
Skylet Power 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 |
|---|---|---|---|---|
| Vivek Ram Mysore Ramappa | Director | 01 Aug 2017 | 9 Years 2 Months | Current |
| Jayalakshmi Hariyabbe Giriyappa | Director | 10 Jun 2016 | 10 Years 4 Months | Current |
| Vinay Ram Mariyappa Ramappa | Director | 10 Jun 2016 | 10 Years 4 Months | Current |
Peer Comparison of Skylet Power Private Limited
Skylet Power Private Limited is compared with the companies closest to it by revenue in the Power industry (Transmission and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ga Renewable Energy Private Limited | ₹1.51 Cr (FY 2024) | •••• | •••• | -66.0% | •••• | Baddi, Himachal Pradesh, India |
| Regal Computer Systems Private Limited | ₹1.5 Cr (FY 2018) | •••• | •••• | 50.0% | •••• | Mumbai, Maharashtra, India |
| Sugan Eco Private Limited | ₹1.48 Cr (FY 2024) | •••• | •••• | 149.0% | •••• | Radhapuram, Tamil Nadu, India |
| Aarya Renewable Energy Engineering Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | -41.0% | •••• | Pune, Maharashtra, India |
| RMV Infra Projects Private Limited | ₹1.47 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Skylet Power Private Limited this company | ₹1.47 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Mysore, Karnataka, India |
| A-One Energies Private Limited | ₹1.46 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mohali, Punjab, India |
| Variorient Energy and Environment Private Limited | ₹1.45 Cr (FY 2020) | •••• | •••• | 73.0% | •••• | Hyderabad, Telangana, India |
| Fiysun Energy Private Limited | ₹1.42 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Solapur, Maharashtra, India |
| Burnish Solar Power Private Limited | ₹1.4 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Bangalore, Karnataka, India |
| Athenese Energy Private Limited | ₹1.4 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Skylet Power by revenue in the Power industry (Transmission and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Skylet Power Private Limited
Skylet Power Private Limited is audited by H S PRAKASH & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| H S PRAKASH & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Skylet Power Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
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- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Skylet Power Private Limited
Open charges
₹5.53 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2016 | State Bank of India | ₹5.53 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Skylet Power Private Limited
Employment history and EPFO contributions of people linked to Skylet Power.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Skylet Power Private Limited
Skylet Power Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Vivek Ram Mysore Ramappa ceased to be Additional Director on 09 Sep 2017.
AGM
Skylet Power Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Skylet Power 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 of Rs. 5.53 Cr registered on 28 Sep 2016 with Charge ID 100054353 was modified on 03 Mar 2021.
Ceased
Vivek Ram Mysore Ramappa ceased to be Additional Director.
Appointed
Vivek Ram Mysore Ramappa was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 5.53 Cr with Charge ID 100054353 was registered on 28 Sep 2016.
Appointed
Jayalakshmi Hariyabbe Giriyappa was appointed as Director.
Appointed
Vinay Ram Mariyappa Ramappa was appointed as Director.
Incorporation
10 Jun 2016
Skylet Power Private Limited was registered on 10 Jun 2016 with Roc Bangalore & aged 10 years 4 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Skylet Power Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Skylet Power Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Skylet Power Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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GST Compliance of Skylet Power Private Limited
Skylet Power has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS2027D1Z4 | Karnataka | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Skylet Power Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Skylet Power Private Limited
Skylet Power is an active private limited company based in Mysore, Karnataka, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 10 June 2016 (10+ years old) and is registered under CIN U40101KA2016PTC094047.
Skylet Power reported revenue of ₹1.47 Cr for FY 2024 (up 3% YoY).
Skylet Power has 3 current directors:
- Vivek Ram Mysore Ramappa - Director
- Jayalakshmi Hariyabbe Giriyappa - Director
- Vinay Ram Mariyappa Ramappa - Director
Skylet Power reported a net profit of ₹27.64 Lakh (net margin 18.8%) and EBITDA of ₹97.93 Lakh (EBITDA margin 66.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Skylet Power is -1% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Skylet Power is 29AAXCS2027D1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of Skylet Power is U40101KA2016PTC094047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skylet Power was incorporated on 10 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Skylet Power by revenue are Ga Renewable Energy Private Limited, Regal Computer Systems Private Limited, Sugan Eco Private Limited, Aarya Renewable Energy Engineering Private Limited, RMV Infra Projects Private Limited and 5 more, all in the Power industry (Transmission and Distribution).
Vivek Ram Mysore Ramappa ceased to be Additional Director on 09 Sep 2017. Vivek Ram Mysore Ramappa was appointed as Director on 01 Aug 2017. Jayalakshmi Hariyabbe Giriyappa was appointed as Director on 10 Jun 2016. Skylet Power has 4 board changes on record in total.
Yes, Skylet Power is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0003580).