Solar Smart Private Limited - energy and power in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U52100GJ2020PTC113180 Incorporated 16 March 2020 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company energy and power MSME · Small
Data last updated
Revenue · FY 2024
₹19.35 Cr
▲ 119% YoY
Net profit · FY 2024
₹85.47 Lakh
Net margin 4.4%
EBITDA · FY 2024
₹1.44 Cr
EBITDA margin 7.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5.5 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Solar Smart Private Limited

Data last updated:

Solar Smart Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 16 March 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U52100GJ2020PTC113180.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Monil Alpeshkumar Patel and Bhavesh Girishbhai Chaudhari.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B – 802 Sapath Hexa Opp. Kargil Petrol Pump S.G. Highway Sola, Ahmedabad, Gujarat, India – 380061.

As per the financials filed for FY 2024, the company reported a revenue of ₹19.35 Cr, a growth of 119% compared to the previous year. For the same year it recorded a net profit of ₹85.47 Lakh (net margin 4.4%) and EBITDA of ₹1.44 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 256% over three years.

As per MCA filings, the company has open charges of ₹5.5 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 2 cases are pending.

Solar Smart Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0136665). For more details, the company can be reached via its website solarsmart.co.in.

Company details

CIN U52100GJ2020PTC113180
Registration Number 113180
Incorporation Date 16 March 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0136665

Recognitions & Rankings of Solar Smart

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0136665

Contact details

Solar Smart Private Limited's registered office is in Ahmedabad, Gujarat. Its website is solarsmart.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    B – 802 Sapath Hexa Opp. Kargil Petrol Pump S.G. Highway Sola, Ahmedabad, Gujarat, India – 380061
  • Industry
    Energy and Power, Power EPC, BoP & BTG Services

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

Comprehensive company report
Solar Smart 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 Solar Smart is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

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

Financials of Solar Smart Private Limited

FY 2024 filings available

Solar Smart Private Limited reported revenue of ₹19.35 Cr (up 119% YoY) for FY 2024.

Revenue · FY 2024
₹19.35 Cr ▲ 119%
Net profit · FY 2024
₹85.47 Lakh margin 4.4%
EBITDA · FY 2024
₹1.44 Cr margin 7.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 119%
3 years · compounded
▲ 256%
EBITDA CAGR growth
1 year
▲ 380%
3 years · compounded
▲ 412%

Revenue has grown at a compounded annual rate (CAGR) of 256% over three years, including 119% growth in the latest year. EBITDA rose 380% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹1.44 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹85.47 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.4%
Net Profit Margin4.4%
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 Smart Private Limited, buy the company report.

Board of directors of Solar Smart Private Limited

Solar Smart has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Monil Alpeshkumar PatelDirector19 Jun 20206 Years 4 MonthsCurrent
Bhavesh Girishbhai ChaudhariDirector03 Mar 20233 Years 7 MonthsCurrent

Auditor

Solar Smart Private Limited is audited by MAULIKKUMARVIRENDRAMARTRIVEDI for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MAULIKKUMARVIRENDRAMARTRIVEDIFY 2023174372

Shareholding

The shareholding of Solar Smart Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

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

Charges & borrowings

Open charges
₹5.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹5.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Mar 2024100905163Others₹5.5 CrOpen

To see the full charge records of Solar Smart Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

Employees & EPFO

Solar Smart Private Limited has 1 active EPFO establishment as of Apr 07, 2024.

Active EPFO establishments
1

GST

No GST registration is on our record for Solar Smart Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Solar Smart Private Limited has 6 board changes on record since 2020: 4 appointments and 2 cessations. The latest: Chirag Ashok Patel ceased to be Director on 24 Apr 2023.

Charges
A charge with Others of Rs. 550.00 Lakh registered on 28 Mar 2024 with Charge ID 100905163 was modified on 25 Sep 2025.
AGM
Solar Smart Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solar Smart Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 550.00 Lakh with Charge ID 100905163 was registered on 28 Mar 2024.
Ceased
Chirag Ashok Patel ceased to be Director.
Appointed
Bhavesh Girishbhai Chaudhari was appointed as Director.
Ceased
Nikunjkumar Chimanlal Patel ceased to be Director.
Appointed
Monil Alpeshkumar Patel was appointed as Director.
Appointed
Chirag Ashok Patel was appointed as Director.
Appointed
Nikunjkumar Chimanlal Patel was appointed as Director.
Incorporation
16 Mar 2020
Solar Smart Private Limited was registered on 16 Mar 2020 with Roc Ahmedabad & aged 6 years 7 months as per MCA records.

Frequently asked questions

Solar Smart is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 16 March 2020 (6+ years old) and is registered under CIN U52100GJ2020PTC113180.

Solar Smart has 2 current directors:

The latest financial statements of Solar Smart on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.

The CIN (Corporate Identification Number) of Solar Smart is U52100GJ2020PTC113180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solar Smart has 3 court cases on record: 3 filed by the company. 2 are pending.

Solar Smart was incorporated on 16 March 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Chirag Ashok Patel ceased to be Director on 24 Apr 2023. Bhavesh Girishbhai Chaudhari was appointed as Director on 03 Mar 2023. Nikunjkumar Chimanlal Patel ceased to be Director on 22 Feb 2022. Solar Smart has 6 board changes on record in total.

Yes, Solar Smart is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0136665).

Solar Smart can be reached through the website solarsmart.co.in. Its registered office is in Ahmedabad, Gujarat, India.

The registered office of Solar Smart is at B – 802 Sapath Hexa Opp. Kargil Petrol Pump S.G. Highway Sola, Ahmedabad, Gujarat, India – 380061.