- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0047560

About Sunrays Power Solutions Private Limited
Data last updated:
Sunrays Power Solutions Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 12 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40106GJ2012PTC070700. Its GSTIN is 24AARCS7024G1Z7 (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Daksh Modi and Lalit Jitendra Kumar Modi.
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 Block B – 203 West Gate Nr. Ymca Club S.No.835/173 S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051.
As per the financials filed for FY 2025, the company reported a revenue of ₹81.25 Lakh, a decline of 44% compared to the previous year. For the same year it recorded a net profit of ₹60,885 (net margin 0.7%) and EBITDA of ₹21.38 Lakh (EBITDA margin 26.3%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 43% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹5 Cr on record.
Sunrays Power Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0047560). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sunrayspower.in.
Recognitions & Rankings of Sunrays Power Solutions
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock B – 203 West Gate Nr. Ymca Club S.No.835/173 S.G. Highway Makarba, Ahmedabad, Gujarat, India – 380051
- IndustryEnergy and Power, Power EPC, BoP & BTG Services, Power Equipment Manufacturers
- 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 Sunrays Power Solutions Private Limited
The main business activity of Sunrays Power Solutions is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | 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 Sunrays Power Solutions Private Limited FY 2025 filings available
Sunrays Power Solutions Private Limited reported revenue of ₹81.25 Lakh (down 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Sunrays Power Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 43% over five years, including a 44% fall in the latest year. EBITDA fell 29% 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 Sunrays Power Solutions 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 | ₹21.38 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60,885 | •••• | •••• | •••• | •••• |
| 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 Sunrays Power Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 26.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Sunrays Power Solutions are in the company report.
Financial statements from 2015
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 Sunrays Power Solutions Private Limited
Sunrays Power Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daksh Modi | Director | 12 Jun 2012 | 14 Years 4 Months | Current |
| Lalit Jitendra Kumar Modi | Director | 06 Jan 2020 | 6 Years 9 Months | Current |
Peer Comparison of Sunrays Power Solutions Private Limited
Sunrays Power Solutions Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solaraic Innovators Private Limited | ₹82.22 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Webel Consumer Electronics Limited | ₹82.04 Lakh (FY 2018) | •••• | •••• | -5.0% | •••• | Kolkata, West Bengal, India |
| Diamond Power Projects Private Limited | ₹81.75 Lakh (FY 2024) | •••• | •••• | -83.0% | •••• | Ranchi, Jharkhand, India |
| KTST Engineers Private Limited | ₹81.41 Lakh (FY 2024) | •••• | •••• | -81.0% | •••• | Nashik, Maharashtra, India |
| Magnum Integrated Services Private Limited | ₹81.36 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Chennai, Tamil Nadu, India |
| Sunrays Power Solutions Private Limited this company | ₹81.25 Lakh (FY 2025) | •••• | •••• | -44.0% | •••• | Ahmedabad, Gujarat, India |
| Test Field Electric Private Limited | ₹81.22 Lakh (FY 2025) | •••• | •••• | 45.0% | •••• | Thane, Maharashtra, India |
| Aldo Electricals & Services Private Limited | ₹81.21 Lakh (FY 2022) | •••• | •••• | -36.0% | •••• | Bangalore, Karnataka, India |
| Bluetech Electro Mech (OPC) Private Limited | ₹80.98 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Bangalore, Karnataka, India |
| Coligo Renewable Private Limited | ₹80.87 Lakh (FY 2025) | •••• | •••• | -61.0% | •••• | Delhi, India |
| Aniba Solutions Private Limited | ₹80.81 Lakh (FY 2021) | •••• | •••• | -19.0% | •••• | Nelamangala, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Sunrays Power Solutions by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Sunrays Power Solutions Private Limited
Sunrays Power Solutions Private Limited is audited by M G S & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M G S & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Sunrays Power Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Sunrays Power Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2020 | Axis Bank Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sunrays Power Solutions Private Limited
Sunrays Power Solutions Private Limited has a workforce of 26 employees as of Mar 30, 2024.
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 Sunrays Power Solutions Private Limited
Sunrays Power Solutions Private Limited has 6 board changes on record since 2012: 4 appointments and 2 cessations. The latest: Kiran Devi Modi ceased to be Director on 06 Jan 2020.
Credit Ratings, Litigation & Regulatory Alerts for Sunrays Power Solutions 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 Sunrays Power Solutions 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 Sunrays Power Solutions 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 Sunrays Power Solutions Private Limited
Sunrays Power Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AARCS7024G1Z7 | Gujarat | Active | 01 Jul 2017 |
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 Sunrays Power Solutions 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 Sunrays Power Solutions Private Limited
Sunrays Power Solutions is an active private limited company based in Ahmedabad, Gujarat, India. The company works in power epc, within the energy and power industry. It was incorporated on 12 June 2012 (14+ years old) and is registered under CIN U40106GJ2012PTC070700.
Sunrays Power Solutions reported revenue of ₹81.25 Lakh for FY 2025 (down 44% YoY).
Sunrays Power Solutions has 2 current directors:
- Daksh Modi - Director
- Lalit Jitendra Kumar Modi - Director
Sunrays Power Solutions reported a net profit of ₹60,885 (net margin 0.7%) and EBITDA of ₹21.38 Lakh (EBITDA margin 26.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Sunrays Power Solutions is -49% over three years and -43% over five years. In the latest year (FY 2025) revenue fell 44%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Sunrays Power Solutions is 24AARCS7024G1Z7, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Sunrays Power Solutions is U40106GJ2012PTC070700. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunrays Power Solutions was incorporated on 12 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sunrays Power Solutions by revenue are Solaraic Innovators Private Limited, Webel Consumer Electronics Limited, Diamond Power Projects Private Limited, KTST Engineers Private Limited, Magnum Integrated Services Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers).
Kiran Devi Modi ceased to be Director on 06 Jan 2020. Lalit Jitendra Kumar Modi was appointed as Director on 06 Jan 2020. Smrity Modi ceased to be Director on 06 Jan 2020. Sunrays Power Solutions has 6 board changes on record in total.
Yes, Sunrays Power Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0047560).