Solar Springs Private Limited
About Solar Springs Private Limited
Data last updated:
Solar Springs Private Limited is a private limited company based in Delhi, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 05 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1989PTC036845. Its GSTIN is 07AAGCS5758Q1ZG (Delhi).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹7.6 Lakh. It is led by directors Pranav Kant and Sanjay Gupta.
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 E – 1 Model Town – II, Delhi, India – 110009.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.05 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹25.8 Lakh (net margin 1.8%) and EBITDA of ₹52.73 Lakh (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 14% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solar Springs Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 1 Model Town – II, Delhi, India – 110009
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Solar Springs 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 Solar Springs is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Solar Springs Private Limited, buy the company report.
Financials of Solar Springs Private Limited
FY 2024 filings availableSolar Springs Private Limited reported revenue of ₹14.05 Cr (up 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 1% growth in the latest year. EBITDA rose 3% 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 | ₹52.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹25.8 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 | 3.8% | ||||
| 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 Springs Private Limited, buy the company report.
Board of directors of Solar Springs Private Limited
Solar Springs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pranav Kant | Director | 27 Apr 2019 | 7 Years 6 Months | Current |
| Sanjay Gupta | Director | 05 Jul 1989 | 37 Years 4 Months | Current |
Auditor
Solar Springs Private Limited is audited by VINEYMITTAL for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINEYMITTAL | FY 2022 | 084923 |
Shareholding
The shareholding of Solar Springs 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 Solar Springs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 1989 | 90040645 | Vijaya Bank | ₹10 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Solar Springs Private Limited has 3 court cases on record: 2 filed by Solar Springs, 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, South West, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, North, Delhi | Civil suit | Filed by the company against an individual | Disposed |
| District court, North, Delhi | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Solar Springs 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
No delayed payments to MSME suppliers are on our record for Solar Springs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solar Springs Private Limited has a workforce of 13 employees on its EPFO records as of Mar 27, 2024, across 1 active EPFO establishment.
GST
Solar Springs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCS5758Q1ZG | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solar Springs Private Limited, buy the company report.
Recent activity
Solar Springs Private Limited has 4 board changes on record since 1989: 2 appointments and 2 cessations. The latest: Pranav Kant ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Solar Springs is an active private limited company based in Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 05 July 1989 (37+ years old) and is registered under CIN U74899DL1989PTC036845.
Solar Springs has 2 current directors:
- Pranav Kant - Director
- Sanjay Gupta - Director
The latest financial statements of Solar Springs 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 2015 are in the company report.
The GSTIN of Solar Springs is 07AAGCS5758Q1ZG, registered in Delhi.
The CIN (Corporate Identification Number) of Solar Springs is U74899DL1989PTC036845. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Springs has 3 court cases on record: 2 filed by the company and 1 filed against it.
Solar Springs was incorporated on 05 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Delhi.
Pranav Kant ceased to be Additional Director on 30 Sep 2019. Pranav Kant was appointed as Director on 27 Apr 2019. Yogesh Kant ceased to be Director on 27 Apr 2019. Solar Springs has 4 board changes on record in total.
The registered office of Solar Springs is at E – 1 Model Town – II, Delhi, India – 110009.
Solar Springs operates in the machinery and equipment industry, in the industrial machinery manufacturing 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.
