Solarfield Energy Private Limited
About Solarfield Energy Private Limited
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Solarfield Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Hinduja Renewables Energy Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 23 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2010PTC204769. Its GSTIN is 27AAOCS4380A1ZB (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹47 Lakh and a paid-up capital of ₹22.54 Lakh. It is led by directors including Deepaksingh Chandrasingh Thakur and Prasenjit Guha.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.71 Cr, a decline of 50% compared to the previous year. For the same year it recorded a net loss of ₹2.72 Cr (net margin -12.5%) and EBITDA of ₹10.92 Cr (EBITDA margin 50.3%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹21.6 Cr and satisfied charges of ₹1,139 Cr on record. Court records list 4 cases involving the company, including 4 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solarfield Energy Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressUnit No 1 Ground Floor Boston House, Suren Rd Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Solarfield Energy 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 Solarfield 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 Solarfield Energy Private Limited, buy the company report.
Financials of Solarfield Energy Private Limited
FY 2025 filings availableSolarfield Energy Private Limited reported revenue of ₹21.71 Cr (down 50% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 50% fall in the latest year. EBITDA fell 70% 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 |
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| EBITDA | ₹10.92 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.72 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 50.3% | ||||
| Net Profit Margin | -12.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Solarfield Energy Private Limited, buy the company report.
Board of directors of Solarfield Energy Private Limited
Solarfield Energy has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepaksingh Chandrasingh Thakur Also directs: Kiran Solar One Private Limited, Solarfield Energy Two Private Limited, Kiran Renewables Private Limited and 5 more | Director | 23 Sep 2025 | 1 Years 1 Months | Current |
| Prasenjit Guha Also directs: Kiran Solar One Private Limited, Solarfield Energy Two Private Limited, Kiran Renewables Private Limited and 2 more | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Satheesh S Kumar Also directs: Kiran Solar One Private Limited, Solarfield Energy Two Private Limited, Kiran Renewables Private Limited and 1 more | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Sumit Pandey | Director | 18 May 2022 | 4 Years 5 Months | Current |
Peer comparison
Solarfield Energy Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Sei Sriram Power Private Limited | ₹22.08 Cr (FY 2025) | -8.0% | Bangalore, Karnataka, India | |||
| Elan Greentech Energies Limited | ₹21.88 Cr (FY 2024) | 46.0% | Gurgaon, Haryana, India | |||
| Vishwaj Energy Private Limited | ₹21.84 Cr (FY 2024) | -5.0% | Pune, Maharashtra, India | |||
| Solarfield Energy Private Limitedthis company | ₹21.71 Cr (FY 2025) | -₹2.72 Cr | -12.5% | -50.0% | Mumbai, Maharashtra, India | |
| Enerparc Solar Power 1 Private Limited | ₹21.63 Cr (FY 2025) | 21.0% | Bangalore, Karnataka, India | |||
| Sei Renewable Energy Private Limited | ₹21.55 Cr (FY 2025) | 1.0% | Hyderabad, Telangana, India | |||
| Solitaire Powertech Private Limited | ₹21.44 Cr (FY 2025) | 29.0% | Jaithari, Madhya Pradesh, India | |||
| Lucknow Solar Power Development Corporation Limited | ₹21.37 Cr (FY 2025) | 35.0% | Lucknow, Uttar Pradesh, India | |||
| Marvel Solren Private Limited | ₹21.36 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Solarfield Energy Private Limited, buy the company report.
Auditor
Solarfield Energy Private Limited is audited by S R B C & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co. | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Solarfield Energy 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 Solarfield Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101164105 | Idbi Bank Limited | ₹21.6 Cr | Open | |
| 22 Mar 2024 | 100887766 | Sbicap Trustee Company Limited | ₹446.5 Cr | Satisfied | |
| 22 Mar 2024 | 100887763 | Sbicap Trustee Company Limited | ₹48.5 Cr | Satisfied | |
| 23 Sep 2019 | 100293078 | Others | ₹129 Cr | Satisfied | |
| 23 Sep 2019 | 100293079 | Others | ₹129 Cr | Satisfied |
To see the full charge records of Solarfield Energy Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Solarfield Energy Private Limited has 4 court cases on record: 4 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
| Supreme Court | 2 | 2 | 2 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Moser Baer Energy Development Ltd(Now Porbandar Solar Power Ltd) Through Its Authorised Signatory Manish Verma Through Its Authorised Signatory Manish Verma 235, Okhla Industrial Estate, Phase III, New Delhi , District: New Delhi ,New Delhi , Delhi | Pending |
| Supreme Court | Court case (1901-Energy Laws - Electricity, Petroleum, Oil and Natural Gas : Energy laws - Electricity, Petroleum, Oil and Natural Gas) | Filed against the company by Gujarat Urja Vikas Nigam Limited General Manager (Com) General Manager (Com) Sardar Patel Vidyut Bhavan, Race Course , District: Vadodara ,Vadodara , Gujarat | Pending |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 2 -, Samiksha Kanani | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-2 Suresh Kumar | Disposed |
To see the full case history of Solarfield 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.
Credit ratings & regulatory alerts
Solarfield Energy Private Limited was last rated by Crisil on 30 Sep 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 30 Sep 2020 |
To see the full credit ratings and regulatory alerts of Solarfield Energy Private Limited, buy the company report.
MSME payment delays
Solarfield Energy Private Limited has 13 MSME Form 1 returns on record between 2019 and 2024, listing 68 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Faxonics Technologies Private Limited | |||
| Kplus Infotech Private Limited | |||
| Suresh Surana & Associates LLP | |||
| Meera Corporation | |||
| Mahindra Teqo Private Limited |
To see the full MSME payment records of Solarfield Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Solarfield Energy has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAOCS4380A1ZB | Maharashtra | Active | 01 Jul 2017 |
| 24AAOCS4380A1ZH | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solarfield Energy Private Limited, buy the company report.
Recent activity
Solarfield Energy Private Limited has 14 board changes on record since 2011: 4 appointments and 10 cessations. The latest: Deepaksingh Chandrasingh Thakur ceased to be Additional Director on 28 Sep 2025.
22 earlier events are in the company report.
Frequently asked questions
Solarfield Energy is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 23 June 2010 (16+ years old) and is registered under CIN U40300MH2010PTC204769.
Solarfield Energy has 4 current directors:
- Deepaksingh Chandrasingh Thakur - Director
- Prasenjit Guha - Director
- Satheesh S Kumar - Director
- Sumit Pandey - Director
The latest financial statements of Solarfield Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solarfield Energy is 27AAOCS4380A1ZB, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAOCS4380A1ZH (Gujarat).
The CIN (Corporate Identification Number) of Solarfield Energy is U40300MH2010PTC204769. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarfield Energy has 4 court cases on record: 4 filed against it. 2 are pending. Most are in the high courts.
Solarfield Energy was incorporated on 23 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solarfield Energy by revenue are Sei Sriram Power Private Limited, Elan Greentech Energies Limited, Vishwaj Energy Private Limited, Enerparc Solar Power 1 Private Limited, Sei Renewable Energy Private Limited and 3 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Deepaksingh Chandrasingh Thakur ceased to be Additional Director on 28 Sep 2025. Deepaksingh Chandrasingh Thakur was appointed as Director on 23 Sep 2025. Sumit Pandey ceased to be Additional Director on 29 Sep 2022. Solarfield Energy has 14 board changes on record in total.
Solarfield Energy has 13 MSME Form 1 returns on record between 2019 and 2024, listing 68 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.
The registered office of Solarfield Energy is at Unit No 1 Ground Floor Boston House, Suren Rd Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
Solarfield Energy operates in the environment industry, in the solar energy solutions segment.
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