MSME (Udyam registered) Ministry of MSME
- Category
- Small (2020-21)
- Udyam number
- UDYAM-AP-06-0008860
Soltek Photovoltek Private Limited - energy and power in Vijayawada, Andhra Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹1.52 Cr
▼ 20% YoY
Net profit · FY 2023
₹70,925
Net margin 0.5%
EBITDA · FY 2023
₹82.99 Lakh
EBITDA margin 54.5%
Authorised capital
₹80 Lakh
Registered with MCA
Paid-up capital
₹60 Lakh
Issued & subscribed
Open charges
₹3.5 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
4
As per MCA filings
About Soltek Photovoltek Private Limited
Data last updated:
Soltek Photovoltek Private Limited is a private limited company based in Vijayawada, Andhra Pradesh, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 03 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U40102AP2014PTC092123. Its GSTIN is 37AAUCS0756L2ZK (Andhra Pradesh). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹80 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Maneesh Sunkara (Managing Director) and Chandrasekhar Azad Sunkara.
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 Door No:54 – 9 – 55 100 Feet Road Jawahar Auto Nagar, Vijayawada, Andhra Pradesh, India – 520007.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.52 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹70,925 (net margin 0.5%) and EBITDA of ₹82.99 Lakh (EBITDA margin 54.5%). Revenue has declined at a compounded annual rate (CAGR) of 30% over five years.
As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
Soltek Photovoltek Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-AP-06-0008860). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website soltek.solar.
Company details
CIN U40102AP2014PTC092123
Registration Number 092123
Incorporation Date 03 January 2014
ROC Vijayawada
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-AP-06-0008860
Key People
Maneesh Sunkara Managing Director Chandrasekhar Azad Sunkara Director Mahitha Yarlagadda Director Recognitions & Rankings of Soltek Photovoltek
Contact details
Soltek Photovoltek Private Limited's registered office is in Vijayawada, Andhra Pradesh. Its website is soltek.solar. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No:54 – 9 – 55 100 Feet Road Jawahar Auto Nagar, Vijayawada, Andhra Pradesh, India – 520007
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Soltek Photovoltek Private Limited, buy the company report.
Comprehensive company report
Soltek Photovoltek 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 Soltek Photovoltek 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 Soltek Photovoltek Private Limited, buy the company report.
Financials of Soltek Photovoltek Private Limited
FY 2024 filings availableSoltek Photovoltek Private Limited reported revenue of ₹1.52 Cr (down 20% YoY) for FY 2023.
Revenue · FY 2023
₹1.52 Cr ▼ 20%
Net profit · FY 2023
₹70,925 margin 0.5%
EBITDA · FY 2023
₹82.99 Lakh margin 54.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
5 years · compounded
▼ 30%
EBITDA CAGR growth
1 year
▲ 109%
5 years · compounded
▼ 6%
Revenue has declined at a compounded annual rate (CAGR) of 30% over five years, including a 20% fall in the latest year. EBITDA rose 109% 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 | ₹1.52 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹82.99 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹70,925 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 54.5% | ||||
| Net Profit Margin | 0.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Soltek Photovoltek Private Limited, buy the company report.
Board of directors of Soltek Photovoltek Private Limited
Soltek Photovoltek has 4 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 |
|---|---|---|---|---|
| Chandrasekhar Azad Sunkara Also directs: Casa Motors Private Limited | Director | 24 Dec 2014 | 11 Years 10 Months | Current |
| Maneesh Sunkara | Managing Director | 30 Sep 2018 | 8 Years 0 Months | Current |
| Mahitha Yarlagadda Also directs: Durga Solar Infratech LLP | Director | 03 Jan 2014 | 12 Years 9 Months | Current |
| Ramya Sunkara Also directs: Sri Pragna Green Energy Infra Private Limited | Director | 03 Jan 2014 | 12 Years 9 Months | Current |
Auditor
Soltek Photovoltek Private Limited is audited by POLINENI ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| POLINENI ASSOCIATES | FY 2023 | 234358 |
Shareholding
The shareholding of Soltek Photovoltek 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 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Soltek Photovoltek Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.5 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jan 2015 | 10550132 | State Bank of Hyderabad | ₹3.5 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Soltek Photovoltek Private Limited has 5 court cases on record: 2 filed by Soltek Photovoltek, 3 filed against it. All cases are disposed.
Total cases
5
Filed by the company
2
Filed against the company
3
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Andhra Pradesh Industrial Infrastructure Corporation Ltd., and 3 others | Disposed |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against Emplopyees State Insurance Corporation and 2 others | Disposed |
| District court, Krishna, Andhra Pradesh | Execution petition | Filed against the company by Andhra Motor Merchants Association, Vijayawada | Disposed |
| District court, Krishna, Andhra Pradesh | Civil suit | Filed against the company by Andhra Motor Merchants Association | Disposed |
| District court, Medchal Malkajgiri, Telangana | Criminal complaint | Filed against the company by M/S Renawables and Energy Conservation | Disposed |
To see the full case history of Soltek Photovoltek 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
No delayed payments to MSME suppliers are on our record for Soltek Photovoltek Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Soltek Photovoltek Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Soltek Photovoltek has 5 GST registrations: 1 active and 4 cancelled or inactive.
Total GSTINs
5
Active
1
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAUCS0756L2ZK | Andhra Pradesh | Active | 12 Aug 2024 |
To see the full GST registrations and return filing status of Soltek Photovoltek Private Limited, buy the company report.
Recent activity
Soltek Photovoltek Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Bhagat Singh Sunkara ceased to be Director on 15 Oct 2018.
AGM
Soltek Photovoltek Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Soltek Photovoltek Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Vijayawada.
Ceased
Bhagat Singh Sunkara ceased to be Director.
Ceased
Ramesh Anne ceased to be Managing Director.
Appointed
Maneesh Sunkara was appointed as Managing Director.
Ceased
Maneesh Sunkara ceased to be Managing Director.
Charges
A charge with State Bank Of Hyderabad amounted to Rs. 350.00 Lakh with Charge ID 10550132 was registered on 27 Jan 2015.
Appointed
Chandrasekhar Azad Sunkara was appointed as Director.
Appointed
Mahitha Yarlagadda was appointed as Director.
Appointed
Ramya Sunkara was appointed as Director.
Incorporation
03 Jan 2014
Soltek Photovoltek Private Limited was registered on 03 Jan 2014 with Roc Vijayawada & aged 12 years 9 months as per MCA records.
Frequently asked questions
Soltek Photovoltek is an active private limited company based in Vijayawada, Andhra Pradesh, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 03 January 2014 (12+ years old) and is registered under CIN U40102AP2014PTC092123.
Soltek Photovoltek has 4 current directors:
- Maneesh Sunkara - Managing Director
- Chandrasekhar Azad Sunkara - Director
- Mahitha Yarlagadda - Director
- Ramya Sunkara - Director
The latest financial statements of Soltek Photovoltek 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 2015 are in the company report.
The GSTIN of Soltek Photovoltek is 37AAUCS0756L2ZK, registered in Andhra Pradesh. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Soltek Photovoltek is U40102AP2014PTC092123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soltek Photovoltek has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Soltek Photovoltek was incorporated on 03 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Vijayawada.
Bhagat Singh Sunkara ceased to be Director on 15 Oct 2018. Ramesh Anne ceased to be Managing Director on 15 Oct 2018. Maneesh Sunkara was appointed as Managing Director on 30 Sep 2018. Soltek Photovoltek has 7 board changes on record in total.
Yes, Soltek Photovoltek is registered as a small enterprise under Udyam registration (number: UDYAM-AP-06-0008860).
Soltek Photovoltek can be reached through the website soltek.solar. Its registered office is in Vijayawada, Andhra Pradesh, India.