About Solarfield Energy Two Private Limited
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Solarfield Energy Two 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 19 March 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40300MH2011PTC215006. Its GSTIN is 27AAPCS9134B1Z6 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹56.5 Lakh and a paid-up capital of ₹23.97 Lakh. It is led by directors including Satheesh S Kumar 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 ₹38.98 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹13.48 Cr (net margin 34.6%) and EBITDA of ₹34.75 Cr (EBITDA margin 89.2%). Revenue has declined at a compounded annual rate (CAGR) of 4% over three years and 1% over five years.
The company has about 4 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kiran Energy. As per MCA filings, the company has open charges of ₹118 Cr and satisfied charges of ₹295.55 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kiranenergy.com.
Company details
Contact details
Solarfield Energy Two Private Limited's registered office is in Mumbai, Maharashtra. Its website is kiranenergy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- 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 Two 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
Solarfield Energy Two operates one associated brand: Kiran Energy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Grid-connected solar PV plants are developed and operated. | kiranenergy.com |
Business activity
The main business activity of Solarfield Energy Two 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 Two Private Limited, buy the company report.
Financials of Solarfield Energy Two Private Limited
FY 2025 filings availableSolarfield Energy Two Private Limited reported revenue of ₹38.98 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 3% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 10% 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 | ₹34.75 Cr | ||||
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| Net Profit (PAT) | ₹13.48 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 89.2% | ||||
| Net Profit Margin | 34.6% | ||||
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To see the full financial statements and ratios of Solarfield Energy Two Private Limited, buy the company report.
Board of directors of Solarfield Energy Two Private Limited
Solarfield Energy Two has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Satheesh S Kumar Also directs: Kiran Solar One Private Limited, Solarfield Energy Private Limited, Kiran Renewables Private Limited and 1 more | Director | 13 Aug 2018 | 8 Years 2 Months | Current |
| Prasenjit Guha Also directs: Kiran Solar One Private Limited, Solarfield Energy Private Limited, Kiran Renewables Private Limited and 2 more | Director | 20 Jun 2018 | 8 Years 4 Months | Current |
| Deepaksingh Chandrasingh Thakur Also directs: Kiran Solar One Private Limited, Solarfield Energy Private Limited, Kiran Renewables Private Limited and 5 more | Director | 23 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Solarfield Energy Two Private Limited is compared with the 9 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 |
|---|---|---|---|---|---|---|
| Solarcraft Kaithal Private Limited | ₹39.37 Cr (FY 2025) | -5.0% | Gurgaon, Haryana, India | |||
| Torrent Saurya Urja 2 Private Limited | ₹39.28 Cr (FY 2025) | 613681.0% | Ahmedabad, Gujarat, India | |||
| Solarcraft Babadham Private Limited | ₹39.16 Cr (FY 2025) | -7.0% | Gurgaon, Haryana, India | |||
| Clean Sustainable Solar Energy Private Limited | ₹39.13 Cr (FY 2024) | 0.0% | Mumbai, Maharashtra, India | |||
| Nellai Renewables Private Limited | ₹39 Cr (FY 2025) | -8.0% | Delhi, India | |||
| Solarfield Energy Two Private Limitedthis company | ₹38.98 Cr (FY 2025) | ₹13.48 Cr | 34.6% | 3.0% | 4 | Mumbai, Maharashtra, India |
| Abrel Solar Power Limited | ₹38.92 Cr (FY 2025) | 39.0% | Mumbai, Maharashtra, India | |||
| Acme Raipur Solar Power Private Limited | ₹38.91 Cr (FY 2025) | 2.0% | Gurgaon, Haryana, India | |||
| Azure Power Infrastructure Private Limited | ₹38.8 Cr (FY 2025) | -42.0% | New Delhi, Delhi, India | |||
| Avaada Mhkhamgaon Private Limited | ₹38.6 Cr (FY 2025) | 5.0% | Noida, Uttar Pradesh, India |
To see the full peer comparison of Solarfield Energy Two Private Limited, buy the company report.
Auditor
Solarfield Energy Two Private Limited is audited by S R B C & Co Llp for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & Co Llp | FY 2023 | 324982E/E300003 |
Shareholding
The shareholding of Solarfield Energy Two 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) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Solarfield Energy Two Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2022 | 100563553 | Others | ₹118 Cr | Satisfied | |
| 25 Mar 2013 | 10419698 | Axis Trustee Services Limited | ₹177.55 Cr | Satisfied |
To see the full charge records of Solarfield Energy Two Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Solarfield Energy Two Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Solarfield Energy Two 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 Two Private Limited, buy the company report.
MSME payment delays
Solarfield Energy Two Private Limited has 14 MSME Form 1 returns on record between 2019 and 2024, listing 79 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 |
|---|---|---|---|
| Gilpin Tours and Travel Management India Private Limited | |||
| Reconnect Energy Solutions Limited | |||
| Global Sustainable Energy Solutions India Private Limited | |||
| Meera Corporation | |||
| Suresh Surana & Associates LLP |
To see the full MSME payment records of Solarfield Energy Two Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solarfield Energy Two Private Limited has a workforce of 4 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Solarfield Energy Two has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAPCS9134B1Z6 | Maharashtra | Active | 01 Jul 2017 |
| 08AAPCS9134B1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solarfield Energy Two Private Limited, buy the company report.
Recent activity
Solarfield Energy Two Private Limited has 21 board changes on record since 2011: 12 appointments and 9 cessations. The latest: Sumit Pandey ceased to be Director on 30 Sep 2025.
18 earlier events are in the company report.
Frequently asked questions
Solarfield Energy Two 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 19 March 2011 (15+ years old) and is registered under CIN U40300MH2011PTC215006.
Solarfield Energy Two has 3 current directors:
- Satheesh S Kumar - Director
- Prasenjit Guha - Director
- Deepaksingh Chandrasingh Thakur - Director
The latest financial statements of Solarfield Energy Two 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 Two is 27AAPCS9134B1Z6, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAPCS9134B1Z6 (Rajasthan).
The CIN (Corporate Identification Number) of Solarfield Energy Two is U40300MH2011PTC215006. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarfield Energy Two was incorporated on 19 March 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solarfield Energy Two by revenue are Solarcraft Kaithal Private Limited, Torrent Saurya Urja 2 Private Limited, Solarcraft Babadham Private Limited, Clean Sustainable Solar Energy Private Limited, Nellai Renewables Private Limited and 4 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Sumit Pandey ceased to be Director on 30 Sep 2025. Deepaksingh Chandrasingh Thakur was appointed as Director on 23 Sep 2025. Venugopal Keshanakurthy ceased to be Director on 17 May 2023. Solarfield Energy Two has 21 board changes on record in total.
Solarfield Energy Two has 14 MSME Form 1 returns on record between 2019 and 2024, listing 79 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Solarfield Energy Two can be reached through the website kiranenergy.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Solarfield Energy Two is at Unit No 1 Ground Floor Boston House, Suren Rd Off. Andheri Kurla Road Andheri East, Mumbai, Maharashtra, India – 400093.
Solarfield Energy Two operates in the environment industry, in the solar energy solutions segment.
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