MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-TS-02-0027497
Solaflex Solar Energy Private Limited - environment in Hyderabad, Telangana, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹22.37 Lakh
▼ 27% YoY
Net profit · FY 2025
₹3.28 Lakh
Net margin 14.7%
EBITDA · FY 2025
₹22.03 Lakh
EBITDA margin 98.5%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹85.4 Lakh
Issued & subscribed
Open charges
₹1.45 Cr
Satisfied ₹2.06 Cr
Company age
10 yrs
Est. 2016
Directors on board
3
As per MCA filings
About Solaflex Solar Energy Private Limited
Data last updated:
Solaflex Solar Energy Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 19 March 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40300TG2016PTC104011. Its GSTIN is 36AAWCS8960N1Z3 (Telangana).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.4 Lakh. It is led by directors including Ismail Mehaboob Usman Sheriff and Dhruv Agarwal.
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 Plot No. 20 Survey No. 12 Kothaguda Kondapur, Hyderabad, Telangana, India – 500084.
As per the financials filed for FY 2025, the company reported a revenue of ₹22.37 Lakh, a decline of 27% compared to the previous year. For the same year it recorded a net profit of ₹3.28 Lakh (net margin 14.7%) and EBITDA of ₹22.03 Lakh (EBITDA margin 98.5%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹1.45 Cr and satisfied charges of ₹2.06 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 1 case is pending.
Solaflex Solar Energy Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0027497). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gati.com.
Company details
CIN U40300TG2016PTC104011
Registration Number 104011
Incorporation Date 19 March 2016
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-02-0027497
Recognitions & Rankings of Solaflex Solar Energy
Contact details
Solaflex Solar Energy Private Limited's registered office is in Hyderabad, Telangana. Its website is gati.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 20 Survey No. 12 Kothaguda Kondapur, Hyderabad, Telangana, India – 500084
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Solaflex Solar Energy Private Limited, buy the company report.
Comprehensive company report
Solaflex Solar Energy 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 Solaflex Solar Energy 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 |
To see the full business activity and turnover split of Solaflex Solar Energy Private Limited, buy the company report.
Financials of Solaflex Solar Energy Private Limited
FY 2025 filings availableSolaflex Solar Energy Private Limited reported revenue of ₹22.37 Lakh (down 27% YoY) for FY 2025.
Revenue · FY 2025
₹22.37 Lakh ▼ 27%
Net profit · FY 2025
₹3.28 Lakh margin 14.7%
EBITDA · FY 2025
₹22.03 Lakh margin 98.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 27%
3 years · compounded
▼ 7%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 2%
5 years · compounded
▼ 8%
Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 27% fall in the latest year. EBITDA rose 53% 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 | |||||
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹22.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.28 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| 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 | 98.5% | ||||
| Net Profit Margin | 14.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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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 Solaflex Solar Energy Private Limited, buy the company report.
Board of directors of Solaflex Solar Energy Private Limited
Solaflex Solar Energy has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ismail Mehaboob Usman Sheriff | Director | 01 Oct 2018 | 8 Years 1 Months | Current |
| Dhruv Agarwal | Director | 19 Mar 2016 | 10 Years 7 Months | Current |
| Kanik Agarwal Also directs: Hyderabad Packaging Co Ltd., Nuvawe Technologies Private Limited | Director | 30 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Solaflex Solar Energy Private Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Yn Solar Plants Private Limited | ₹22.72 Lakh (FY 2024) | 47.0% | Dehradun, Uttarakhand, India | |||
| Solar Sky Power Private Limited | ₹22.57 Lakh (FY 2018) | -97.0% | Bengaluru, Karnataka, India | |||
| Solaflex Solar Energy Private Limitedthis company | ₹22.37 Lakh (FY 2025) | ₹3.28 Lakh | 14.7% | -27.0% | Hyderabad, Telangana, India | |
| Ganesh Decor Tricity Solar Private Limited | ₹22.21 Lakh (FY 2025) | -7.0% | Jaipur, Rajasthan, India | |||
| Qubic Suntrack Energy System Private Limited | ₹21.9 Lakh (FY 2016) | -90.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Solaflex Solar Energy Private Limited, buy the company report.
Auditor
Solaflex Solar Energy Private Limited is audited by NAVEEN KUMAR AGARWAL for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NAVEEN KUMAR AGARWAL | FY 2023 | 209996 |
Shareholding
The shareholding of Solaflex Solar Energy Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Solaflex Solar Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.45 Cr
Satisfied charges
₹2.06 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Oct 2020 | 100376068 | Others | ₹1.45 Cr | Open | |
| 30 Jun 2016 | 100045697 | Others | ₹2.06 Cr | Satisfied |
To see the full charge records of Solaflex Solar Energy Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Solaflex Solar Energy Private Limited has 3 court cases on record: 2 filed by Solaflex Solar Energy, 1 filed against it. 1 case is pending and 2 are disposed.
Total cases
3
Filed by the company
2
Filed against the company
1
Pending
1
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against Agro Solar Private Limited and 1 other | Pending |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Mahendra Investment Advisor Pvt Ltd | Disposed |
| District court, Hyderabad CCC, Telangana | Petition | Filed by the company against Agro Solar Private Limited. | Disposed |
To see the full case history of Solaflex Solar Energy 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
Solaflex Solar Energy Private Limited has 5 MSME Form 1 returns on record between 2019 and 2020, listing 5 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Argo Solar Private Limited |
To see the full MSME payment records of Solaflex Solar Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Solaflex Solar Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAWCS8960N1Z3 | Telangana | Active | 01 Aug 2017 |
To see the full GST registrations and return filing status of Solaflex Solar Energy Private Limited, buy the company report.
Recent activity
Solaflex Solar Energy Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Ismail Mehaboob Usman Sheriff ceased to be Additional Director on 30 Sep 2019.
AGM
Solaflex Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solaflex Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others of Rs. 1.45 Cr registered on 07 Oct 2020 with Charge ID 100376068 was modified on 28 Oct 2021.
Charges
A charge registered on 30 Jun 2016 via Charge ID 100045697 with Others was fully satisfied on 27 Oct 2020.
Charges
A charge with Others amounted to Rs. 1.45 Cr with Charge ID 100376068 was registered on 07 Oct 2020.
Ceased
Ismail Mehaboob Usman Sheriff ceased to be Additional Director.
Ceased
Kanik Agarwal ceased to be Additional Director.
Appointed
Kanik Agarwal was appointed as Director.
Ceased
Peter Jayakumar Harrison ceased to be Director.
Appointed
Ismail Mehaboob Usman Sheriff was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.06 Cr with Charge ID 100045697 was registered on 30 Jun 2016.
Appointed
Dhruv Agarwal was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Solaflex Solar Energy is an active private limited company based in Hyderabad, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 19 March 2016 (10+ years old) and is registered under CIN U40300TG2016PTC104011.
Solaflex Solar Energy has 3 current directors:
- Ismail Mehaboob Usman Sheriff - Director
- Dhruv Agarwal - Director
- Kanik Agarwal - Director
The latest financial statements of Solaflex Solar Energy 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 Solaflex Solar Energy is 36AAWCS8960N1Z3, registered in Telangana.
The CIN (Corporate Identification Number) of Solaflex Solar Energy is U40300TG2016PTC104011. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaflex Solar Energy has 3 court cases on record: 2 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Solaflex Solar Energy was incorporated on 19 March 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Solaflex Solar Energy by revenue are Yn Solar Plants Private Limited, Solar Sky Power Private Limited, Ganesh Decor Tricity Solar Private Limited, Qubic Suntrack Energy System Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ismail Mehaboob Usman Sheriff ceased to be Additional Director on 30 Sep 2019. Kanik Agarwal ceased to be Additional Director on 30 Sep 2019. Kanik Agarwal was appointed as Director on 30 Mar 2019. Solaflex Solar Energy has 6 board changes on record in total.
Yes, Solaflex Solar Energy is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-02-0027497).
Solaflex Solar Energy has 5 MSME Form 1 returns on record between 2019 and 2020, listing 5 overdue payments to 1 micro and small supplier. The latest return was filed on 17 Oct 2020.
Solaflex Solar Energy can be reached through the website gati.com. Its registered office is in Hyderabad, Telangana, India.
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