MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0132857
Solapur Solar Energy Private Limited - environment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹4.67 Cr
▼ 3% YoY
Net profit · FY 2025
₹39.22 Lakh
Net margin 8.4%
EBITDA · FY 2025
₹3.73 Cr
EBITDA margin 80%
Authorised capital
₹12.01 Cr
Registered with MCA
Paid-up capital
₹11.8 Cr
Issued & subscribed
Open charges
₹34.05 Cr
Secured borrowings
Company age
12 yrs
Est. 2014
Directors on board
2
As per MCA filings
About Solapur Solar Energy Private Limited
Data last updated:
Solapur Solar Energy Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sunil Hitech Engineers Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 March 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2014PTC254060. Its GSTIN is 27AAUCS3557P1Z9 (Maharashtra).
The company has an authorised share capital of ₹12.01 Cr and a paid-up capital of ₹11.8 Cr. It was formerly known as Sunilhitech Solar (Dhule) Private Limited. It is led by directors Venkataramana Condoor and Mahesh Arjun Bade.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.67 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹39.22 Lakh (net margin 8.4%) and EBITDA of ₹3.73 Cr (EBITDA margin 80%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹34.05 Cr on record.
Solapur Solar Energy Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0132857). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunilhitech.com.
Company details
CIN U40108MH2014PTC254060
Registration Number 254060
Incorporation Date 10 March 2014
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Sunil Hitech Engineers Limited
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0132857
Recognitions & Rankings of Solapur Solar Energy
Contact details
Solapur Solar Energy Private Limited's registered office is in Mumbai, Maharashtra. Its website is sunilhitech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No.722 Ajmera Sikova, Lbs Road Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Solapur Solar Energy Private Limited, buy the company report.
Comprehensive company report
Solapur Solar Energy 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Solapur Solar Energy is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply |
To see the full business activity and turnover split of Solapur Solar Energy Private Limited, buy the company report.
Financials of Solapur Solar Energy Private Limited
FY 2024 filings availableSolapur Solar Energy Private Limited reported revenue of ₹4.67 Cr (down 3% YoY) for FY 2025.
Revenue · FY 2025
₹4.67 Cr ▼ 3%
Net profit · FY 2025
₹39.22 Lakh margin 8.4%
EBITDA · FY 2025
₹3.73 Cr margin 80%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 3%
5 years · compounded
▲ 1%
EBITDA CAGR growth
1 year
▼ 6%
3 years · compounded
▼ 7%
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 6% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.73 Cr | ||||
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| Net Profit (PAT) | ₹39.22 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 80% | ||||
| Net Profit Margin | 8.4% | ||||
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To see the full financial statements and ratios of Solapur Solar Energy Private Limited, buy the company report.
Board of directors of Solapur Solar Energy Private Limited
Solapur Solar Energy has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Arjun Bade | Additional Director | 21 Sep 2023 | 3 Years 1 Months | Current |
| Venkataramana Condoor Also directs: Patna Green Energy Private Limited, Us India Importers' Council | Director | 10 Mar 2014 | 12 Years 7 Months | Current |
Auditor
Solapur Solar Energy Private Limited is audited by PATRIKAR & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PATRIKAR & ASSOCIATES | FY 2023 | 0148430W |
Shareholding
The shareholding of Solapur Solar Energy Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solapur Solar Energy Private Limited, buy the company report.
Charges & borrowings
Open charges
₹34.05 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Jan 2025 | 101049094 | Others | ₹13.65 Cr | Open | |
| 02 Sep 2015 | 10589833 | Sbicap Trustee Company Limited | ₹6.75 Cr | Open | |
| 27 Nov 2014 | 10544873 | Others | ₹13.65 Cr | Open |
To see the full charge records of Solapur Solar Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Solapur Solar 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.
Credit ratings & regulatory alerts
Solapur Solar Energy Private Limited was last rated by Care on 14 Jul 2026.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 14 Jul 2026 |
To see the full credit ratings and regulatory alerts of Solapur Solar Energy Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solapur Solar Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solapur Solar Energy has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAUCS3557P1Z9 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solapur Solar Energy Private Limited, buy the company report.
Recent activity
Solapur Solar Energy Private Limited has 5 board changes on record since 2014: 2 appointments and 3 cessations. The latest: Ravi Prakash Mishra ceased to be Additional Director on 31 Oct 2023.
Charges
A charge with Others amounted to Rs. 13.65 Cr with Charge ID 101049094 was registered on 20 Jan 2025.
Charges
A charge with Others of Rs. 13.65 Cr registered on 27 Nov 2014 with Charge ID 10544873 was modified on 20 Jan 2025.
AGM
Solapur Solar Energy Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Solapur Solar Energy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Ravi Prakash Mishra ceased to be Additional Director.
Appointed
Mahesh Arjun Bade was appointed as Additional Director.
Ceased
Ashok Narsingrao Mahindrakar ceased to be Director.
Ceased
Sunil Ratnakar Gutte ceased to be Director.
Charges
A charge with Sbicap Trustee Company Limited of Rs. 6.75 Cr registered on 02 Sep 2015 with Charge ID 10589833 was modified on 16 Sep 2015.
Charges
A charge with Sbicap Trustee Company Limited amounted to Rs. 6.75 Cr with Charge ID 10589833 was registered on 02 Sep 2015.
Charges
A charge with Others amounted to Rs. 13.65 Cr with Charge ID 10544873 was registered on 27 Nov 2014.
Appointed
Venkataramana Condoor was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Solapur Solar Energy is an active private limited company based in Mumbai, Maharashtra, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 10 March 2014 (12+ years old) and is registered under CIN U40108MH2014PTC254060.
Solapur Solar Energy has 2 current directors:
- Mahesh Arjun Bade - Additional Director
- Venkataramana Condoor - Director
The latest financial statements of Solapur Solar Energy 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 Solapur Solar Energy is 27AAUCS3557P1Z9, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solapur Solar Energy is U40108MH2014PTC254060. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solapur Solar Energy was incorporated on 10 March 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
Ravi Prakash Mishra ceased to be Additional Director on 31 Oct 2023. Mahesh Arjun Bade was appointed as Additional Director on 21 Sep 2023. Ashok Narsingrao Mahindrakar ceased to be Director on 29 Aug 2019. Solapur Solar Energy has 5 board changes on record in total.
Yes, Solapur Solar Energy is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0132857).
Solapur Solar Energy can be reached through the website sunilhitech.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Solapur Solar Energy is at Office No.722 Ajmera Sikova, Lbs Road Ghatkopar West, Mumbai, Maharashtra, India – 400086.