Solar91 Cleantech Limited - trading in Jaipur, Rajasthan, India. FY 2026 financials & compliance.
CIN U40108RJ2015PLC048401 Incorporated 07 October 2015 ROC Jaipur HQ Jaipur, Rajasthan, India
Active Public Limited Company trading MSME · Small
Data last updated
Revenue · FY 2024
₹42.97 Cr
▲ 14% YoY
Net profit · FY 2024
₹2.6 Cr
Net margin 6.1%
EBITDA · FY 2024
₹4.12 Cr
EBITDA margin 9.6%
Authorised capital
₹21 Cr
Registered with MCA
Paid-up capital
₹16.14 Cr
Issued & subscribed
Open charges
₹565.67 Cr
Satisfied ₹60 Lakh
Company age
11 yrs
Est. 2015
Employees · EPFO
14
Provident fund records

About Solar91 Cleantech Limited

Data last updated:

Solar91 Cleantech Limited is a public limited company based in Jaipur, Rajasthan, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 07 October 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40108RJ2015PLC048401. Its GSTIN is 08AAWCS2508Q1ZG (Rajasthan). The company holds 4 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹21 Cr and a paid-up capital of ₹16.14 Cr. It is led by directors including Prateek Agrawal (Managing Director) and Saurabh Vyas (Whole-Time Director).

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 Plot No.D – 802 Sector – 5 Malviyanagar, Jaipur, Rajasthan, India – 302017.

As per the financials filed for FY 2024, the company reported a revenue of ₹42.97 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹2.6 Cr (net margin 6.1%) and EBITDA of ₹4.12 Cr (EBITDA margin 9.6%). Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 31% over five years.

The company has about 14 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Solar91. As per MCA filings, the company has open charges of ₹565.67 Cr and satisfied charges of ₹60 Lakh on record. The company has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.07 Cr; the latest was in October 2022. The company has 9 MSME Form 1 returns on record between 2019 and 2022, listing 75 overdue payments to 41 micro and small suppliers.

Solar91 Cleantech Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-RJ-17-0014850). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solar91.com.

Company details

CIN U40108RJ2015PLC048401
Registration Number 048401
Incorporation Date 07 October 2015
ROC Jaipur
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-RJ-17-0014850

CIN history

Solar91 Cleantech has one previous CIN (Corporate Identification Number): U40108RJ2015PTC048401. The current CIN is U40108RJ2015PLC048401, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U40108RJ2015PLC048401Current
U40108RJ2015PTC048401Previous

Recognitions & Rankings of Solar91 Cleantech

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-RJ-17-0014850

Contact details

Solar91 Cleantech Limited's registered office is in Jaipur, Rajasthan.

  • Social Media
  • Registered Address
    Plot No.D – 802 Sector – 5 Malviyanagar, Jaipur, Rajasthan, India – 302017
  • Industry
    Trading, Wholesale, Other Wholesale
Comprehensive company report
Solar91 Cleantech 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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Brands

Solar91 Cleantech operates one associated brand: SOLAR91. Each brand links to its own profile.

BrandDescriptionWebsite
Solar energy projects are designed, installed, and maintained for businesses.solar91.com

Business activity

The main business activity of Solar91 Cleantech is construction. In detail, this covers roads, railways, utility projects.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
FConstructionF2Roads, railways, Utility projects

To see the full business activity and turnover split of Solar91 Cleantech Limited, buy the company report.

Financials of Solar91 Cleantech Limited

FY 2024 filings available

Solar91 Cleantech Limited reported revenue of ₹42.97 Cr (up 14% YoY) for FY 2024.

Revenue · FY 2024
₹42.97 Cr ▲ 14%
Net profit · FY 2024
₹2.6 Cr margin 6.1%
EBITDA · FY 2024
₹4.12 Cr margin 9.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 35%
5 years · compounded
▲ 31%
EBITDA CAGR growth
1 year
▲ 394%
3 years · compounded
▲ 158%
5 years · compounded
▲ 98%

Revenue has grown at a compounded annual rate (CAGR) of 31% over five years, including 14% growth in the latest year. EBITDA rose 394% 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₹4.12 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.6 Cr
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 Margin9.6%
Net Profit Margin6.1%
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 Solar91 Cleantech Limited, buy the company report.

Board of directors of Solar91 Cleantech Limited

Solar91 Cleantech has 8 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Saurabh VyasWhole-Time Director01 Jan 20224 Years 9 MonthsCurrent
Manan JainDirector24 Jul 20242 Years 3 MonthsCurrent
Ritesh AgnaniDirector24 Jul 20242 Years 3 MonthsCurrent
Dhawal Gaurang VasavadaWhole-Time Director07 Oct 201511 Years 0 MonthsCurrent
Krishna Kumar PantDirector23 May 20242 Years 5 MonthsCurrent
Prateek AgrawalManaging Director07 Oct 201511 Years 0 MonthsCurrent
Showing 6 of 8 current directors. View all directors

Charges & borrowings

Open charges
₹565.67 Cr
Satisfied charges
₹60 Lakh
Breakdown by lending institutions
State Bank of India₹292.93 Cr
Idbi Trusteeship Services Limited₹194.44 Cr
Others₹44.49 Cr
Axis Bank Limited₹25.00 Cr
Sbicap Trustee Company Limited₹8.81 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Oct 2025101188396State Bank of India₹8.34 CrOpen
03 Oct 2025101175242Idbi Trusteeship Services Limited₹17.77 CrOpen
03 Oct 2025101175245Idbi Trusteeship Services Limited₹21.66 CrOpen
10 Sep 2025101167786Others₹7.1 CrOpen
21 Aug 2025101154367State Bank of India₹21.66 CrOpen

To see the full charge records of Solar91 Cleantech Limited, buy the company report.

Total charge records: 43 View all charges

Deals & funding

Solar91 Cleantech Limited has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.07 Cr; the latest was in October 2022.

Total deals
3
Funding rounds
3
Disclosed funding
₹1.07 Cr

Deals on record (3 of 3)

WhenDealAmountParties
Oct 2022Funding round₹59.9 LakhInvestors: an individual
Aug 2022Funding round₹24.9 LakhInvestors: 3 individuals
Mar 2022Funding round₹22 LakhInvestors: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Solar91 Cleantech Limited has 9 MSME Form 1 returns on record between 2019 and 2022, listing 75 overdue payments to 41 micro and small suppliers. 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 (5 of 41)

SupplierAmount dueDue sinceReported on
Gladiators Venture (India) Private Limited
True Power Limited
Parallel Hop IT Solutions LLP
Energy Squad
First Source Energy India Private Limited

To see the full MSME payment records of Solar91 Cleantech Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Solar91 Cleantech has 4 GST registrations: 1 active and 3 cancelled or inactive.

Total GSTINs
4
Active
1
Cancelled / inactive
3
GSTINStateStatusRegistered on
08AAWCS2508Q1ZGRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Solar91 Cleantech Limited, buy the company report.

Recent activity

Solar91 Cleantech Limited has 12 board changes on record since 2015: 8 appointments and 4 cessations. The latest: Ganga Vidya Narayanan was appointed as Director on 24 Jul 2024.

Charges
A charge with State Bank Of India amounted to Rs. 8.34 Cr with Charge ID 101188396 was registered on 28 Oct 2025.
Charges
A charge with State Bank Of India of Rs. 10.50 Cr registered on 02 Jun 2025 with Charge ID 101112428 was modified on 24 Oct 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 17.77 Cr with Charge ID 101175242 was registered on 03 Oct 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 21.66 Cr with Charge ID 101175245 was registered on 03 Oct 2025.
Charges
A charge with Others amounted to Rs. 7.10 Cr with Charge ID 101167786 was registered on 10 Sep 2025.
Charges
A charge with State Bank Of India of Rs. 13.08 Cr registered on 31 May 2025 with Charge ID 101113507 was modified on 04 Sep 2025.
Charges
A charge with State Bank Of India amounted to Rs. 21.66 Cr with Charge ID 101154367 was registered on 21 Aug 2025.
Charges
A charge with State Bank Of India amounted to Rs. 17.77 Cr with Charge ID 101146658 was registered on 05 Aug 2025.
Charges
A charge with State Bank Of India amounted to Rs. 21.66 Cr with Charge ID 101141045 was registered on 31 Jul 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 5.70 Cr with Charge ID 101138554 was registered on 21 Jul 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 20.00 Cr with Charge ID 101138558 was registered on 21 Jul 2025.
Charges
A charge with Idbi Trusteeship Services Limited amounted to Rs. 14.05 Cr with Charge ID 101138553 was registered on 21 Jul 2025.

53 earlier events are in the company report.

Frequently asked questions

Solar91 Cleantech is an active public limited company based in Jaipur, Rajasthan, India. The company works in wholesale, within the trading industry. It was incorporated on 07 October 2015 (11+ years old) and is registered under CIN U40108RJ2015PLC048401.

Solar91 Cleantech has 8 current directors:

The latest financial statements of Solar91 Cleantech 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 2016 are in the company report.

The GSTIN of Solar91 Cleantech is 08AAWCS2508Q1ZG, registered in Rajasthan. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.

The CIN (Corporate Identification Number) of Solar91 Cleantech is U40108RJ2015PLC048401. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solar91 Cleantech was incorporated on 07 October 2015, making it 11+ years old. It is registered with the Registrar of Companies, Jaipur.

Solar91 Cleantech has 3 deals on record (3 funding rounds), with disclosed funding of ₹1.07 Cr; the latest was in October 2022.

Ganga Vidya Narayanan was appointed as Director on 24 Jul 2024. Manan Jain was appointed as Director on 24 Jul 2024. Ritesh Agnani was appointed as Director on 24 Jul 2024. Solar91 Cleantech has 12 board changes on record in total.

Yes, Solar91 Cleantech is registered as a small enterprise under Udyam registration (number: UDYAM-RJ-17-0014850).

Solar91 Cleantech has 9 MSME Form 1 returns on record between 2019 and 2022, listing 75 overdue payments to 41 micro and small suppliers. The latest return was filed on 05 Dec 2022.

Solar91 Cleantech can be reached through the website solar91.com. Its registered office is in Jaipur, Rajasthan, India.