About Sungear Energies Private Limited
Data last updated:
Sungear Energies Private Limited is a private limited company based in Nellore, Andhra Pradesh, India. It operates in the power transmission and distribution services segment of the energy and power sector. It was incorporated on 25 October 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Vijayawada, under CIN U74999AP2017PTC106912. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vijayakumar Maddu and Haripriya Aasi.
Its last annual general meeting (AGM) was held on 29 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 9 – 25 – 53A/1 North Janathapeta Kavali, Nellore, Andhra Pradesh, India – 524201.
As per the financials filed for FY 2019, the company reported a revenue of ₹8.84 Lakh. For the same year it recorded a net loss of ₹1.35 Lakh (net margin -15.3%) and EBITDA of -₹1.17 Lakh (EBITDA margin -13.3%).
The company is associated with 1 brand: Sungear Energies.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sungear.in.
Company details
Contact details
Sungear Energies Private Limited's registered office is in Nellore, Andhra Pradesh. Its website is sungear.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address9 – 25 – 53A/1 North Janathapeta Kavali, Nellore, Andhra Pradesh, India – 524201
- IndustryEnergy and Power, Power Transmission & Distribution Services
To see the full contact details of Sungear Energies 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
Brands
Sungear Energies operates one associated brand: SUNGEAR ENERGIES. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers comprehensive solar EPC and O&M services for renewable energy projects. | sungear.in |
Business activity
The main business activity of Sungear Energies 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 Sungear Energies Private Limited, buy the company report.
Financials of Sungear Energies Private Limited
FY 2019 filings availableSungear Energies Private Limited reported revenue of ₹8.84 Lakh for FY 2019.
Financial Statement Summary
| Metrics | FY 2018-19 | FY 2017-18 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹8.84 Lakh | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.17 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.35 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 2018-19 | FY 2017-18 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -13.3% | |
| Net Profit Margin | -15.3% | |
| 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 Sungear Energies Private Limited, buy the company report.
Board of directors of Sungear Energies Private Limited
Sungear Energies has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijayakumar Maddu | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Haripriya Aasi Also directs: Spectraflux Energy Private Limited | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
| Manojkumar Makana | Director | 25 Oct 2017 | 9 Years 0 Months | Current |
Peer comparison
Sungear Energies Private Limited is compared with the 5 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| En Sustainable Energy Private Limited | ₹9.08 Lakh (FY 2019) | -39.0% | Bangalore, Karnataka, India | |||
| Unisource Synergies Private Limited | ₹9.04 Lakh (FY 2019) | 519.0% | Mumbai, Maharashtra, India | |||
| Sungear Energies Private Limitedthis company | ₹8.84 Lakh (FY 2019) | -₹1.35 Lakh | -15.3% | Nellore, Andhra Pradesh, India | ||
| Bihar Transmission Ltd | ₹8.7 Lakh (FY 2024) | -87.0% | Boring Road, Patna- 800 001, Bihar, India | |||
| Tvaksas Renewable Private Limited | ₹8.61 Lakh (FY 2024) | -60.0% | Pune, Maharashtra, India | |||
| Deccan Industrial Explosives Private Limited | ₹8.28 Lakh (FY 2022) | -7.0% | Pune, Maharashtra, India |
To see the full peer comparison of Sungear Energies Private Limited, buy the company report.
Auditor
Sungear Energies Private Limited is audited by G MAHESH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G MAHESH & CO | FY 2018 | 017276S |
Shareholding
The shareholding of Sungear Energies Private Limited is on record for FY 2018, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2018 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sungear Energies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sungear Energies 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 Sungear Energies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sungear Energies has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Sungear Energies Private Limited, buy the company report.
Recent activity
Sungear Energies Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Haripriya Aasi was appointed as Director on 25 Oct 2017.
Frequently asked questions
Sungear Energies is an active private limited company based in Nellore, Andhra Pradesh, India. The company works in power transmission and distribution services, within the energy and power industry. It was incorporated on 25 October 2017 (9+ years old) and is registered under CIN U74999AP2017PTC106912.
Sungear Energies has 3 current directors:
- Vijayakumar Maddu - Director
- Haripriya Aasi - Director
- Manojkumar Makana - Director
The latest financial statements of Sungear Energies on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 29 September 2019. Year-wise statements from FY 2018 are in the company report.
No. Sungear Energies has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Sungear Energies is U74999AP2017PTC106912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sungear Energies was incorporated on 25 October 2017, making it 9+ years old. It is registered with the Registrar of Companies, Vijayawada.
The peers of Sungear Energies by revenue are En Sustainable Energy Private Limited, Unisource Synergies Private Limited, Bihar Transmission Ltd, Tvaksas Renewable Private Limited, Deccan Industrial Explosives Private Limited, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Haripriya Aasi was appointed as Director on 25 Oct 2017. Manojkumar Makana was appointed as Director on 25 Oct 2017. Vijayakumar Maddu was appointed as Director on 25 Oct 2017.
Sungear Energies can be reached through the website sungear.in. Its registered office is in Nellore, Andhra Pradesh, India.
The registered office of Sungear Energies is at 9 – 25 – 53A1 North Janathapeta Kavali, Nellore, Andhra Pradesh, India – 524201.
Sungear Energies operates in the energy and power industry, in the power transmission and distribution services segment.