About Skyray Renewable Private Limited
Data last updated:
Skyray Renewable Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the electrical equipment manufacturing segment of the electrical equipment sector. It was incorporated on 09 June 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U37100GJ2015PTC083475. Its GSTIN is 24AAWCS0031N1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naimishbhai Keshubhai Limbasiya and Rakeshbhai Keshubhai Limbasiya.
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 Bhavnath Park – 1st. No. 1 Harighava Marg Opp Corner Of Radhe Pan, Rajkot, Gujarat, India – 360002.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.31 Lakh, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹15,519 (net margin -11.8%) and EBITDA of -₹4,624 (EBITDA margin -3.5%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years and 35% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website skyraysolar.com.
Company details
Contact details
Skyray Renewable Private Limited's registered office is in Rajkot, Gujarat. Its website is skyraysolar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressBhavnath Park – 1st. No. 1 Harighava Marg Opp Corner Of Radhe Pan, Rajkot, Gujarat, India – 360002
- IndustryElectrical, Electrical Equipment, General Purpose And Special Purpose Machinery & Equipment, Transport Equipment
To see the full contact details of Skyray Renewable 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 Skyray Renewable is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Skyray Renewable Private Limited, buy the company report.
Financials of Skyray Renewable Private Limited
FY 2025 filings availableSkyray Renewable Private Limited reported revenue of ₹1.31 Lakh (down 80% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over five years, including a 80% fall in the latest year. EBITDA rose 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | -₹4,624 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15,519 | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.5% | ||||
| Net Profit Margin | -11.8% | ||||
| 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 | |||||
To see the full financial statements and ratios of Skyray Renewable Private Limited, buy the company report.
Board of directors of Skyray Renewable Private Limited
Skyray Renewable has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naimishbhai Keshubhai Limbasiya | Director | 09 Jun 2015 | 11 Years 5 Months | Current |
| Rakeshbhai Keshubhai Limbasiya | Director | 09 Jun 2015 | 11 Years 5 Months | Current |
Peer comparison
Skyray Renewable Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Wagman Engineering Company Private Limited | ₹1.31 Lakh (FY 2020) | 4.0% | Mumbai, Maharashtra, India | |||
| Pothos Ventures Private Limited | ₹1.31 Lakh (FY 2022) | 930.0% | Mumbai, Maharashtra, India | |||
| Avighna Infracon Private Limited | ₹1.31 Lakh (FY 2019) | 5.0% | Howrah, West Bengal, India | |||
| Drona Dynamics Private Limited | ₹1.31 Lakh (FY 2018) | -24.0% | Faridabad, Haryana, India | |||
| Athvika International Private Limited | ₹1.31 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Skyray Renewable Private Limitedthis company | ₹1.31 Lakh (FY 2025) | -₹15,519 | -11.8% | -80.0% | Rajkot, Gujarat, India | |
| Spice Angel Private Limited | ₹1.31 Lakh (FY 2024) | 3745.0% | Bangalore, Karnataka, India | |||
| Direct Search Trading (India) Private Limited | ₹1.31 Lakh (FY 2025) | 23.0% | Orathanadu, Tamil Nadu, India | |||
| Profquote Agencies Private Limited | ₹1.31 Lakh (FY 2023) | 3643.0% | Ghaziabad, Uttar Pradesh, India | |||
| Gpublicg India Private Limited | ₹1.31 Lakh (FY 2024) | -74.0% | Indore, Madhya Pradesh, India | |||
| Amazing Commosales Private Limited | ₹1.31 Lakh (FY 2025) | 3.0% | Siliguri, West Bengal, India |
To see the full peer comparison of Skyray Renewable Private Limited, buy the company report.
Auditor
Skyray Renewable Private Limited is audited by H R DOBARIYA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H R DOBARIYA & CO | FY 2017 | 157741 |
Shareholding
The shareholding of Skyray Renewable Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Skyray Renewable Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Skyray Renewable 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 Skyray Renewable Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Skyray Renewable has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAWCS0031N1Z2 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Skyray Renewable Private Limited, buy the company report.
Recent activity
Skyray Renewable Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Naimishbhai Keshubhai Limbasiya ceased to be Managing Director on 17 Feb 2021.
Frequently asked questions
Skyray Renewable is an active private limited company based in Rajkot, Gujarat, India. The company works in electrical equipment, within the electrical industry. It was incorporated on 09 June 2015 (11+ years old) and is registered under CIN U37100GJ2015PTC083475.
Skyray Renewable has 2 current directors:
- Naimishbhai Keshubhai Limbasiya - Director
- Rakeshbhai Keshubhai Limbasiya - Director
The latest financial statements of Skyray Renewable 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 Skyray Renewable is 24AAWCS0031N1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Skyray Renewable is U37100GJ2015PTC083475. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skyray Renewable was incorporated on 09 June 2015, making it 11+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Skyray Renewable by revenue are Wagman Engineering Company Private Limited, Pothos Ventures Private Limited, Avighna Infracon Private Limited, Drona Dynamics Private Limited, Athvika International Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Naimishbhai Keshubhai Limbasiya ceased to be Managing Director on 17 Feb 2021. Naimishbhai Keshubhai Limbasiya was appointed as Director on 09 Jun 2015. Rakeshbhai Keshubhai Limbasiya was appointed as Director on 09 Jun 2015.
Skyray Renewable can be reached through the website skyraysolar.com. Its registered office is in Rajkot, Gujarat, India.
The registered office of Skyray Renewable is at Bhavnath Park – 1st. No. 1 Harighava Marg Opp Corner Of Radhe Pan, Rajkot, Gujarat, India – 360002.
Skyray Renewable operates in the electrical industry, in the electrical equipment segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
