- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-02-0014580

About Solar Idea Private Limited
Data last updated:
Solar Idea 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 July 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40106TG2014PTC094915. Its GSTIN is 36AAUCS7406B1Z7 (Telangana). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2.25 Cr and a paid-up capital of ₹1.65 Cr. It is led by directors including Sarvotham Reddy Ramreddy (Managing Director) and Bairagoni Goud Raju.
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 Door No: 8 – 2 – 277/A/7 Plot No.126 Road No.2 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.58 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net profit of ₹13.39 Lakh (net margin 1.8%) and EBITDA of ₹69.79 Lakh (EBITDA margin 9.2%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 17% over five years.
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solaridea. As per MCA filings, the company has open charges of ₹8.48 Cr and satisfied charges of ₹8.48 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
Solar Idea Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-02-0014580). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solaridea.com.
Company details
Recognitions & Rankings of Solar Idea
Contact details
Solar Idea Private Limited's registered office is in Hyderabad, Telangana. Its website is solaridea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No: 8 – 2 – 277/A/7 Plot No.126 Road No.2 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Solar Idea 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
Brands
Solar Idea operates one associated brand: Solaridea. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar-powered products, including panels and energy systems. | solaridea.com |
Business activity
The main business activity of Solar Idea is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Solar Idea Private Limited, buy the company report.
Financials of Solar Idea Private Limited
FY 2025 filings availableSolar Idea Private Limited reported revenue of ₹7.58 Cr (down 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 17% over five years, including a 51% fall in the latest year. EBITDA fell 34% 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 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 | ₹69.79 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.39 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 1.8% | ||||
| 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 Solar Idea Private Limited, buy the company report.
Board of directors of Solar Idea Private Limited
Solar Idea has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bairagoni Goud Raju | Director | 19 Jul 2014 | 12 Years 3 Months | Current |
| Srinivas Reddy Ravula | Director | 19 Jul 2014 | 12 Years 3 Months | Current |
| Sarvotham Reddy Ramreddy | Managing Director | 19 Jul 2014 | 12 Years 3 Months | Current |
| Praveen Kumar Budida Also directs: Asian Poultry Tech India Private Limited | Director | 19 Jul 2014 | 12 Years 3 Months | Current |
Peer comparison
Solar Idea Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| VRH Lightning Protection Private Limited | ₹7.61 Cr (FY 2024) | -9.0% | Delhi, India | |||
| SN Electric & Automation Private Limited | ₹7.61 Cr (FY 2024) | -20.0% | Ramreddy Nagar Jeedimetla, Telangana, India | |||
| J.J.Electrofab (India) Private Limited | ₹7.6 Cr (FY 2025) | 34.0% | Tahne, Maharashtra, India | |||
| NRG Technologists Private Limited | ₹7.6 Cr (FY 2024) | 40.0% | Vadodara, Gujarat, India | |||
| Hindustan Controls & Equipment Private Limited | ₹7.59 Cr (FY 2016) | -7.0% | Kolkata, West Bengal, India | |||
| Solar Idea Private Limitedthis company | ₹7.58 Cr (FY 2024) | ₹13.39 Lakh | 1.8% | -51.0% | 12 | Hyderabad, Telangana, India |
| Inva Power Systems Private Limited | ₹7.52 Cr (FY 2025) | 462.0% | Jaipur, Rajasthan, India | |||
| Raybotix Technologies Private Limited | ₹7.52 Cr (FY 2025) | 18.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Solar Idea Private Limited, buy the company report.
Auditor
Solar Idea Private Limited is audited by S V BABU AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S V BABU AND ASSOCIATES | FY 2023 | 230185 |
Shareholding
The shareholding of Solar Idea 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Idea Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Feb 2016 | 100047376 | Canara Bank | ₹8.48 Cr | Satisfied |
To see the full charge records of Solar Idea Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Solar Idea Private Limited has 3 court cases on record: 2 filed by Solar Idea, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Solar Idea 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.
Credit ratings & regulatory alerts
Solar Idea Private Limited was last rated by Icra on 21 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 21 Feb 2022 |
To see the full credit ratings and regulatory alerts of Solar Idea Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solar Idea Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Idea Private Limited has a workforce of 12 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Solar Idea has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAUCS7406B1Z7 | Telangana | Active | 01 Jul 2017 |
| 37AAUCS7406B2Z4 | Andhra Pradesh | Active | 23 Jun 2018 |
To see the full GST registrations and return filing status of Solar Idea Private Limited, buy the company report.
Recent activity
Solar Idea Private Limited has 5 board changes on record since 2014: 4 appointments and 1 cessation. The latest: Banka Thirupathi Reddy ceased to be Additional Director on 04 Dec 2014.
Frequently asked questions
Solar Idea 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 July 2014 (12+ years old) and is registered under CIN U40106TG2014PTC094915.
Solar Idea has 4 current directors:
- Sarvotham Reddy Ramreddy - Managing Director
- Bairagoni Goud Raju - Director
- Srinivas Reddy Ravula - Director
- Praveen Kumar Budida - Director
The latest financial statements of Solar Idea 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 2015 are in the company report.
The GSTIN of Solar Idea is 36AAUCS7406B1Z7, registered in Telangana. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 37AAUCS7406B2Z4 (Andhra Pradesh).
The CIN (Corporate Identification Number) of Solar Idea is U40106TG2014PTC094915. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Idea has 3 court cases on record: 2 filed by the company and 1 filed against it.
Solar Idea was incorporated on 19 July 2014, making it 12+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Solar Idea by revenue are VRH Lightning Protection Private Limited, SN Electric & Automation Private Limited, J.J.Electrofab (India) Private Limited, NRG Technologists Private Limited, Hindustan Controls & Equipment Private Limited and 2 more, all in the Power industry (Power Equipment Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Banka Thirupathi Reddy ceased to be Additional Director on 04 Dec 2014. Bairagoni Goud Raju was appointed as Director on 19 Jul 2014. Praveen Kumar Budida was appointed as Director on 19 Jul 2014. Solar Idea has 5 board changes on record in total.
Yes, Solar Idea is registered as a small enterprise under Udyam registration (number: UDYAM-TS-02-0014580).
Solar Idea can be reached through the website solaridea.com. Its registered office is in Hyderabad, Telangana, India.

