About Sun Alternate Energy Private Limited
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Sun Alternate Energy Private Limited was a private limited company based in Delhi, India, operated as a subsidiary of Sun Renewables Wh Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 21 June 2010.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U40108DL2010PTC204419. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.7 Cr. It was led by directors Rajat Malhan and Deependra Agarwal.
Its last annual general meeting (AGM) was held on 18 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 11 Ground Floor Community Centre Saket, Delhi, India – 110017.
As per the financials filed for FY 2023, the company reported a revenue of ₹10.07 Cr, a decline of 17% compared to the previous year. For the same year it recorded a net profit of ₹9.55 Cr (net margin 94.9%) and EBITDA of ₹9.76 Cr (EBITDA margin 96.9%). Revenue has declined at a compounded annual rate (CAGR) of 260% over three years and 6% over five years.
As per MCA filings, the company had satisfied charges of ₹109.55 Cr on record. The company has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2017. Its 7 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 3 larger and 4 smaller; the largest is Fpel Power Private Limited with revenue of ₹10.1 Cr.
The last known website on record is sunrenewables.in.
Company details
Contact details
Sun Alternate Energy Private Limited's registered office is in Delhi, Delhi. Its website is sunrenewables.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address11 Ground Floor Community Centre Saket, Delhi, India – 110017
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Sun Alternate Energy 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
Business activity
The main business activity of Sun Alternate Energy 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 |
Financials of Sun Alternate Energy Private Limited
FY 2023 filings availableSun Alternate Energy Private Limited reported revenue of ₹10.07 Cr (down 17% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 17% fall in the latest year. EBITDA rose 24% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹10.07 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹9.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.55 Cr | ||||
| Balance Sheet | |||||
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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 | 96.9% | ||||
| Net Profit Margin | 94.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sun Alternate Energy Private Limited, buy the company report.
Board of directors of Sun Alternate Energy Private Limited
Sun Alternate Energy has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajat Malhan | Director | 05 Nov 2020 | 6 Years 0 Months | As last reported |
| Deependra Agarwal | Director | 10 Mar 2023 | 3 Years 8 Months | As last reported |
Peer comparison
Sun Alternate Energy Private Limited is compared with the 7 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 |
|---|---|---|---|---|---|---|
| Fpel Power Private Limited | ₹10.1 Cr (FY 2025) | 259.0% | Hyderabad, Telangana, India | |||
| Focal Renewable Energy Two India Private Limited | ₹10.1 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Radiance Ka Sunshine Four Private Limited | ₹10.08 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India | |||
| Sun Alternate Energy Private Limitedthis company | ₹10.07 Cr (FY 2023) | ₹9.55 Cr | 94.9% | -17.0% | Delhi, India | |
| Rayglow Technologies Private Limited | ₹10.07 Cr (FY 2025) | 79.0% | Puttur, Karnataka, India | |||
| Agrawal Solar Power Ventures (Rajasthan) Private Limited | ₹10.01 Cr (FY 2025) | -5.0% | Margao, Goa, India | |||
| FP Cygnus Private Limited | ₹10.01 Cr (FY 2025) | 26.0% | Hyderabad, Telangana, India | |||
| Es Energy Private Limited | ₹9.94 Cr (FY 2025) | -6.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Sun Alternate Energy Private Limited, buy the company report.
Auditor
Sun Alternate Energy Private Limited is audited by S S Kothari Mehta & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S S Kothari Mehta & Co. | FY 2023 | 000756N |
Shareholding
The shareholding of Sun Alternate Energy 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 Sun Alternate Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2017 | 100111747 | Others | ₹54.78 Cr | Satisfied | |
| 18 Oct 2016 | 100078228 | Others | ₹54.78 Cr | Satisfied |
To see the full charge records of Sun Alternate Energy Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Sun Alternate Energy Private Limited has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2017.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Sun Renewables WH Private Limited , Sun Renewables WH Private Limited & Pankaj Sehgal Seller: Khemka Aviation Private Limited , Khemka Aviation Private Limited & Hooghly Holdings Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Khemka Aviation Private Limited & Hooghly Holdings Private Limited Seller: Hooghly Holdings Private Limited |
| Oct 2011 | Acquisition | ₹23.04 Cr | Buyer: Khemka Aviation Private Limited |
| Aug 2010 | Secondary share transfer | Undisclosed | Buyer: Khemka Aviation Private Limited Seller: Sherisha Technologies Private Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Sun Alternate Energy Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sun Alternate Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sun Alternate Energy has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sun Alternate Energy Private Limited, buy the company report.
Recent activity
Sun Alternate Energy Private Limited has 14 board changes on record since 2010: 2 appointments and 12 cessations. The latest: Deependra Agarwal was appointed as Director on 10 Mar 2023.
9 earlier events are in the company report.
Frequently asked questions
Sun Alternate Energy has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Sun Alternate Energy was a private limited company based in Delhi, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 21 June 2010 and is registered under CIN U40108DL2010PTC204419. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Sun Alternate Energy was incorporated on 21 June 2010. It is registered with the Registrar of Companies, Delhi.
Sun Alternate Energy had 2 directors:
- Rajat Malhan - Director
- Deependra Agarwal - Director
The CIN (Corporate Identification Number) of Sun Alternate Energy is U40108DL2010PTC204419. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Sun Alternate Energy is at 11 Ground Floor Community Centre Saket, Delhi, India – 110017.
Sun Alternate Energy can be reached through the website sunrenewables.in. Its registered office is in Delhi, India.
The latest financial statements of Sun Alternate Energy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 18 September 2023. Year-wise statements from 2015 are in the company report.
No. Sun Alternate Energy has 2 GST registrations on record and all of them are cancelled or inactive.
Sun Alternate Energy operated in the environment industry, in the solar energy solutions segment.
Sun Alternate Energy has 4 deals on record (3 secondary share transfers, 1 acquisition); the latest was in March 2017.
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