
Solargy Systems Private Limited
About Solargy Systems Private Limited
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Solargy Systems Private Limited is a foreign private limited company based in Jaipur, Rajasthan, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 02 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U40108RJ2013FTC041200. Its GSTIN is 08AASCS5389K1ZB (Rajasthan).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Vani Sandeep Agrawal and Vidya Niwas Khetawat.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at S – 2 Shyam Apt C – 77 Sarojani Margc Scheme, Jaipur, Rajasthan, India – 302001.
As per the financials filed for FY 2025, the company reported a revenue of ₹88.51 Lakh, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹90,760 (net margin 1%) and EBITDA of ₹1.54 Lakh (EBITDA margin 1.7%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressS – 2 Shyam Apt C – 77 Sarojani Margc Scheme, Jaipur, Rajasthan, India – 302001
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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 of Solargy Systems Private Limited
The main business activity of Solargy Systems is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Solargy Systems Private Limited FY 2025 filings available
Solargy Systems Private Limited reported revenue of ₹88.51 Lakh (up 41% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solargy Systems Private Limited
Revenue rose 41% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 15%. EBITDA rose 12% 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 of Solargy Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹1.54 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹90,760 | •••• | •••• | •••• | •••• |
| 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 of Solargy Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Solargy Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Solargy Systems Private Limited
Solargy Systems Private Limited is compared with the companies closest to it by revenue in the Cleantech industry (Electronic Appliances Retail and Distribution, Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunfinity Renewables Private Limited | ₹88.78 Lakh (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Regular Retail Private Limited | ₹88.72 Lakh (FY 2024) | •••• | •••• | -37.0% | •••• | Delhi, India |
| Shree Dhoot Trading and Agencies Ltd | ₹88.67 Lakh (FY 2015) | •••• | •••• | -6.0% | •••• | Ahmednagar, Maharashtra, India |
| Dorcas Marketing Private Limited | ₹88.56 Lakh (FY 2018) | •••• | •••• | -75.0% | •••• | Navi Mumbai, Maharashtra, India |
| GSL Energy Solutions Private Limited | ₹88.55 Lakh (FY 2022) | •••• | •••• | -45.0% | •••• | Changampuzha Nagar, Kerala, India |
| Solargy Systems Private Limited this company | ₹88.51 Lakh (FY 2025) | •••• | •••• | 41.0% | •••• | Jaipur, Rajasthan, India |
| Heaven Basket India Private Limited | ₹88.45 Lakh (FY 2024) | •••• | •••• | 442.0% | •••• | Jaipur, Rajasthan, India |
| Yeti Ventures Private Limited | ₹88.21 Lakh (FY 2025) | •••• | •••• | 39.0% | •••• | New Delhi, Delhi, India |
| Metro Stockist Private Limited | ₹88.2 Lakh (FY 2024) | •••• | •••• | 77.0% | •••• | Bhubaneswar, Odisha, India |
| Corematix Creations Private Limited | ₹88.07 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Navi Mumbai, Maharashtra, India |
| Ocim Life Sciences Private Limited | ₹88.04 Lakh (FY 2024) | •••• | •••• | 2319.0% | •••• | Jaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Solargy Systems by revenue in the Cleantech industry (Electronic Appliances Retail and Distribution, Solar Power), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solargy Systems Private Limited
Solargy Systems Private Limited is audited by JAIN GYAN & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAIN GYAN & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solargy Systems Private Limited
Solargy Systems 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 |
|---|---|---|---|---|
| Vani Sandeep Agrawal | Director | 20 Nov 2015 | 10 Years 10 Months | Current |
| Vidya Niwas Khetawat Also directs: Nohara Solargy Power LLP, VNK Enertech (OPC) Private Limited | Director | 02 Jan 2013 | 13 Years 9 Months | Current |
Ownership and Shareholding of Solargy Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solargy Systems Private Limited
Solargy Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solargy Systems Private Limited
Employment history and EPFO contributions of people linked to Solargy Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Solargy Systems Private Limited
Solargy Systems Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Vani Sandeep Agrawal ceased to be Additional Director on 30 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Solargy Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solargy Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solargy Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solargy Systems Private Limited
Solargy Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AASCS5389K1ZB | Rajasthan | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solargy Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solargy Systems Private Limited
Solargy Systems is an active foreign private limited company based in Jaipur, Rajasthan, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 02 January 2013 (13+ years old) and is registered under CIN U40108RJ2013FTC041200.
Solargy Systems reported revenue of ₹88.51 Lakh for FY 2025 (up 41% YoY).
Solargy Systems has 2 current directors:
- Vani Sandeep Agrawal - Director
- Vidya Niwas Khetawat - Director
Solargy Systems reported a net profit of ₹90,760 (net margin 1%) and EBITDA of ₹1.54 Lakh (EBITDA margin 1.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solargy Systems is 49% over three years and -15% over five years. In the latest year (FY 2025) revenue rose 41%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solargy Systems is 08AASCS5389K1ZB, registered in Rajasthan.
The CIN (Corporate Identification Number) of Solargy Systems is U40108RJ2013FTC041200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solargy Systems was incorporated on 02 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Solargy Systems by revenue are Sunfinity Renewables Private Limited, Regular Retail Private Limited, Shree Dhoot Trading and Agencies Ltd, Dorcas Marketing Private Limited, GSL Energy Solutions Private Limited and 5 more, all in the Cleantech industry (Electronic Appliances Retail and Distribution, Solar Power).
Vani Sandeep Agrawal ceased to be Additional Director on 30 Sep 2016. Shriniwas Khetawat ceased to be Director on 24 Nov 2015. Vani Sandeep Agrawal was appointed as Director on 20 Nov 2015. Solargy Systems has 4 board changes on record in total.
The registered office of Solargy Systems is at S – 2 Shyam Apt C – 77 Sarojani Margc Scheme, Jaipur, Rajasthan, India – 302001.