- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0077714

Spear Solar System Private Limited
About Spear Solar System Private Limited
Data last updated:
Spear Solar System Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the service-based operations segment of the business services sector. It was incorporated on 05 September 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2020PTC369316.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹50,000. It is led by directors Vijay Kumar and Saurav Kumar.
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 44 Backary Portion 2nd Floor Regal Building, New Delhi, Delhi, India – 110001.
As per the financials filed for FY 2025, the company reported a revenue of ₹66.24 Lakh, a decline of 91% compared to the previous year. For the same year it recorded a net loss of ₹3.2 Lakh (net margin -4.8%) and EBITDA of -₹2.98 Lakh (EBITDA margin -4.5%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
Spear Solar System Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0077714). The current compliance status is marked as compliant by the Registrar of Companies.
Recognitions & Rankings of Spear Solar System
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address44 Backary Portion 2nd Floor Regal Building, New Delhi, Delhi, India – 110001
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Spear Solar System Private Limited
The main business activity of Spear Solar System is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Spear Solar System Private Limited FY 2025 filings available
Spear Solar System Private Limited reported revenue of ₹66.24 Lakh (down 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Spear Solar System Private Limited
Revenue fell 91% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA rose 88% 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 Spear Solar System 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 | -₹2.98 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.2 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 of Spear Solar System Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.8% | •••• | •••• | •••• | •••• |
| 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 Spear Solar System are in the company report.
Financial statements from FY 2021
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.
Board of Directors of Spear Solar System Private Limited
Spear Solar System has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Kumar Also directs: Eirmon Solar System Private Limited | Director | 03 Jun 2023 | 3 Years 4 Months | Current |
| Saurav Kumar Also directs: Eirmon Solar System Private Limited | Director | 05 Sep 2020 | 6 Years 1 Months | Current |
Peer Comparison of Spear Solar System Private Limited
Spear Solar System Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Wholesale Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Niroshira India Private Limited | ₹66.26 Lakh (FY 2024) | •••• | •••• | 3.0% | •••• | Chennai, Tamil Nadu, India |
| Daumaatur Agro Private Limited | ₹66.26 Lakh (FY 2024) | •••• | •••• | -89.0% | •••• | Cooch Behar, West Bengal, India |
| Impianto Crop Science Private Limited | ₹66.25 Lakh (FY 2024) | •••• | •••• | 60.0% | •••• | Lucknow, Uttar Pradesh, India |
| Demesne Niwas Private Limited | ₹66.24 Lakh (FY 2017) | •••• | •••• | -9.0% | •••• | Kolkata, West Bengal, India |
| Indico Vanijya Private Limited | ₹66.24 Lakh (FY 2025) | •••• | •••• | -47.0% | •••• | Kolkata, West Bengal, India |
| Spear Solar System Private Limited this company | ₹66.24 Lakh (FY 2025) | •••• | •••• | -91.0% | •••• | New Delhi, Delhi, India |
| Tiyara Multiplayers Private Limited | ₹66.24 Lakh (FY 2019) | •••• | •••• | 736.0% | •••• | Delhi, India |
| Chandanpur Minerals Private Limited | ₹66.23 Lakh (FY 2017) | •••• | •••• | 24.0% | •••• | Ramgarh, Rajasthan, India |
| Divyanoor Automotive Private Limited | ₹66.22 Lakh (FY 2017) | •••• | •••• | -11.0% | •••• | Jaipur, Rajasthan, India |
| Patheya Ibh Private Limited | ₹66.22 Lakh (FY 2025) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Maxpie Bakers (India) Private Limited | ₹66.21 Lakh (FY 2018) | •••• | •••• | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Spear Solar System by revenue in the same principal business activity (Wholesale Trading), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Charges & Borrowings of Spear Solar System Private Limited
Spear Solar System Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Spear Solar System Private Limited
Employment history and EPFO contributions of people linked to Spear Solar System.
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 Spear Solar System Private Limited
Spear Solar System Private Limited has 5 board changes on record since 2020: 2 appointments and 3 cessations. The latest: Vijay Kumar was appointed as Director on 03 Jun 2023.
Credit Ratings, Litigation & Regulatory Alerts for Spear Solar System 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 Spear Solar System 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 Spear Solar System 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 Spear Solar System Private Limited
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 Spear Solar System 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 Spear Solar System Private Limited
Spear Solar System is an active private limited company based in New Delhi, Delhi, India. The company works in other services, within the business services industry. It was incorporated on 05 September 2020 (6+ years old) and is registered under CIN U74999DL2020PTC369316.
Spear Solar System reported revenue of ₹66.24 Lakh for FY 2025 (down 91% YoY).
Spear Solar System has 2 current directors:
- Vijay Kumar - Director
- Saurav Kumar - Director
Spear Solar System reported a net loss of ₹3.2 Lakh (net margin -4.8%) and EBITDA of -₹2.98 Lakh (EBITDA margin -4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Spear Solar System is 42% over three years. In the latest year (FY 2025) revenue fell 91%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Spear Solar System is U74999DL2020PTC369316. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spear Solar System was incorporated on 05 September 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Spear Solar System by revenue are Niroshira India Private Limited, Daumaatur Agro Private Limited, Impianto Crop Science Private Limited, Demesne Niwas Private Limited, Indico Vanijya Private Limited and 5 more, all in the same principal business activity (Wholesale Trading).
Vijay Kumar was appointed as Director on 03 Jun 2023. Rajeev Kumar Ram ceased to be Additional Director on 25 Dec 2021. Vijay Kumar ceased to be Director on 25 Aug 2021. Spear Solar System has 5 board changes on record in total.
Yes, Spear Solar System is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0077714).
The registered office of Spear Solar System is at 44 Backary Portion 2nd Floor Regal Building, New Delhi, Delhi, India – 110001.