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Solarway Nxtgeneration Private Limited - machinery and equipment in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹4.59 Cr
▼ 7% YoY
Net loss · FY 2023
₹64.56 Lakh
Net margin -14.1%
EBITDA · FY 2023
-₹52.3 Lakh
EBITDA margin -11.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered
About Solarway Nxtgeneration Private Limited
Data last updated:
Solarway Nxtgeneration Private Limited is a private limited company based in New Delhi, Delhi, India, recognised as a startup by DPIIT. It operates in the industrial compressors and pneumatic systems segment of the machinery and industrial equipment sector. It was incorporated on 29 May 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2017PTC318361. Its GSTIN is 07AAYCS7380J1ZE (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sanjeev Kumar and Arunjay Pratap.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Wz – B17 School Road Uttam Nagar, New Delhi, Delhi, India – 110059.
As per the financials filed for FY 2023, the company reported a revenue of ₹4.59 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹64.56 Lakh (net margin -14.1%) and EBITDA of -₹52.3 Lakh (EBITDA margin -11.4%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 116% over five years.
Court records list 12 cases involving the company, including 12 filed against it; 5 cases are pending.
Solarway Nxtgeneration Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0027423). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sinfin.in.
Company details
CIN U74999DL2017PTC318361
Registration Number 318361
Incorporation Date 29 May 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-DL-10-0027423
Recognitions & Rankings of Solarway Nxtgeneration
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-10-0027423
Contact details
Solarway Nxtgeneration Private Limited's registered office is in New Delhi, Delhi. Its website is sinfin.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressWz – B17 School Road Uttam Nagar, New Delhi, Delhi, India – 110059
- IndustryMachinery and Equipment, Industrial Compressors & Pneumatic Systems
To see the full contact details of Solarway Nxtgeneration Private Limited, buy the company report.
Comprehensive company report
Solarway Nxtgeneration Private 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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Secure checkout · GST invoice included
Business activity
The main business activity of Solarway Nxtgeneration is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Solarway Nxtgeneration Private Limited, buy the company report.
Financials of Solarway Nxtgeneration Private Limited
FY 2023 filings availableSolarway Nxtgeneration Private Limited reported revenue of ₹4.59 Cr (down 7% YoY) for FY 2023.
Revenue · FY 2023
₹4.59 Cr ▼ 7%
Net loss · FY 2023
₹64.56 Lakh margin -14.1%
EBITDA · FY 2023
-₹52.3 Lakh margin -11.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 4%
5 years · compounded
▲ 116%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▼ 74%
5 years · compounded
▼ 195%
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 116%. EBITDA rose 11% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹4.59 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹52.3 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹64.56 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.4% | ||||
| Net Profit Margin | -14.1% | ||||
| 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 Solarway Nxtgeneration Private Limited, buy the company report.
Board of directors of Solarway Nxtgeneration Private Limited
Solarway Nxtgeneration has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Kumar | Director | 29 May 2017 | 9 Years 4 Months | Current |
| Arunjay Pratap | Director | 09 Nov 2022 | 3 Years 11 Months | Current |
| Shaikh Anwar Fakirmohamad Also directs: Ruach Green Technologies India Private Limited | Director | 11 Jun 2019 | 7 Years 4 Months | Current |
Auditor
Solarway Nxtgeneration Private Limited is audited by NKPY & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NKPY & ASSOCIATES | FY 2023 | 028459N |
Shareholding
The shareholding of Solarway Nxtgeneration 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 Solarway Nxtgeneration Private Limited, buy the company report.
Legal cases
Solarway Nxtgeneration Private Limited has 12 court cases on record: 12 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed against the company
12
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 11 | 5 |
| High courts | 1 | 1 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Iifl Finance Limited | Pending |
| District court, New Delhi, Delhi | Cheque dishonour complaint | Filed against the company by Moneywise Financial Services Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed against the company by Mirc Electronics Limited | Pending |
| High Court of Delhi | Arbitration matter | Filed against the company by Moneywise Financial Services Pvt Ltd | Disposed |
| District court, South West, Delhi | Commercial suit | Filed against the company by an individual | Pending |
To see the full case history of Solarway Nxtgeneration 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
Solarway Nxtgeneration Private Limited has 3 MSME Form 1 returns on record between 2022 and 2023, listing 13 overdue payments to 13 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 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jagran Prakashan Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Atlas Logistics Private Limited | |||
| Pickrr Technologies Private Limited |
To see the full MSME payment records of Solarway Nxtgeneration Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Solarway Nxtgeneration has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAYCS7380J1ZE | Delhi | Active | 10 Aug 2017 |
To see the full GST registrations and return filing status of Solarway Nxtgeneration Private Limited, buy the company report.
Recent activity
Solarway Nxtgeneration Private Limited has 6 board changes on record since 2017: 3 appointments and 3 cessations. The latest: Rachna Mishra ceased to be Director on 14 Dec 2023.
Ceased
Rachna Mishra ceased to be Director.
AGM
Solarway Nxtgeneration Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Solarway Nxtgeneration Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi I.
Appointed
Arunjay Pratap was appointed as Director.
Ceased
Pawan Nagi ceased to be Director.
Ceased
Shaikh Anwar Fakirmohamad ceased to be Director.
Appointed
Shaikh Anwar Fakirmohamad was appointed as Director.
Appointed
Sanjeev Kumar was appointed as Director.
Incorporation
29 May 2017
Solarway Nxtgeneration Private Limited was registered on 29 May 2017 with Roc Delhi I & aged 9 years 5 months as per MCA records.
Frequently asked questions
Solarway Nxtgeneration is an active private limited company based in New Delhi, Delhi, India. The company works in industrial compressors and pneumatic systems, within the machinery and equipment industry. It was incorporated on 29 May 2017 (9+ years old) and is registered under CIN U74999DL2017PTC318361.
Solarway Nxtgeneration has 3 current directors:
- Sanjeev Kumar - Director
- Arunjay Pratap - Director
- Shaikh Anwar Fakirmohamad - Director
The latest financial statements of Solarway Nxtgeneration on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Solarway Nxtgeneration is 07AAYCS7380J1ZE, registered in Delhi.
The CIN (Corporate Identification Number) of Solarway Nxtgeneration is U74999DL2017PTC318361. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarway Nxtgeneration has 12 court cases on record: 12 filed against it. 5 are pending. Most are in the district courts.
Solarway Nxtgeneration was incorporated on 29 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Rachna Mishra ceased to be Director on 14 Dec 2023. Arunjay Pratap was appointed as Director on 09 Nov 2022. Pawan Nagi ceased to be Director on 20 Oct 2022. Solarway Nxtgeneration has 6 board changes on record in total.
Yes, Solarway Nxtgeneration is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Solarway Nxtgeneration is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-10-0027423).
Solarway Nxtgeneration has 3 MSME Form 1 returns on record between 2022 and 2023, listing 13 overdue payments to 13 micro and small suppliers. The latest return was filed on 09 May 2024.