About Swelect Sun Energy Private Limited
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Swelect Sun Energy Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Swelect Energy Systems Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 29 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U40105TN2020PTC140431. Its GSTIN is 33ABFCS1883C1ZJ (Tamil Nadu).
The company has an authorised share capital of ₹25.1 Cr and a paid-up capital of ₹25.03 Cr. It is led by directors including Raghunath Venkatagiri Chellappan (Whole-Time Director) and Iniyan Selvarajan.
Its last annual general meeting (AGM) was held on 25 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Swelecthouse No.5 Sirp.S.Sivasamysalai Mylapore, Chennai, Tamil Nadu, India – 600004.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.55 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.94 Cr (net margin 16.8%) and EBITDA of ₹8.96 Cr (EBITDA margin 77.6%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹36.5 Cr and satisfied charges of ₹34 Cr on record. The company has 1 deal on record (1 funding round), with disclosed funding of ₹25.02 Cr; the latest was in March 2021. Its 3 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 1 larger and 2 smaller; the largest is Sunfree North East Renewable Energy Private Limited with revenue of ₹11.67 Cr.
For more details, the company can be reached via its website swelectes.com.
Company details
Contact details
Swelect Sun Energy Private Limited's registered office is in Chennai, Tamil Nadu. Its website is swelectes.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSwelecthouse No.5 Sirp.S.Sivasamysalai Mylapore, Chennai, Tamil Nadu, India – 600004
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Swelect Sun 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 Swelect Sun 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 |
To see the full business activity and turnover split of Swelect Sun Energy Private Limited, buy the company report.
Financials of Swelect Sun Energy Private Limited
FY 2025 filings availableSwelect Sun Energy Private Limited reported revenue of ₹11.55 Cr (down 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 14% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 33%. EBITDA fell 12% 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 | ₹8.96 Cr | ||||
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| Net Profit (PAT) | ₹1.94 Cr | ||||
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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 | 77.6% | ||||
| Net Profit Margin | 16.8% | ||||
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To see the full financial statements and ratios of Swelect Sun Energy Private Limited, buy the company report.
Board of directors of Swelect Sun Energy Private Limited
Swelect Sun Energy has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Peer comparison
Swelect Sun Energy Private Limited is compared with the 3 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 |
|---|---|---|---|---|---|---|
| Sunfree North East Renewable Energy Private Limited | ₹11.67 Cr (FY 2025) | 4.0% | Guruharsahai, Punjab, India | |||
| Swelect Sun Energy Private Limitedthis company | ₹11.55 Cr (FY 2025) | ₹1.94 Cr | 16.8% | -14.0% | 10 | Chennai, Tamil Nadu, India |
| MH Technique Solaire India Private Limited | ₹11.51 Cr (FY 2025) | -8.0% | New Delhi, Delhi, India | |||
| Kiran Renewables Private Limited | ₹11.48 Cr (FY 2025) | 0.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Swelect Sun Energy Private Limited, buy the company report.
Shareholding
The shareholding of Swelect Sun Energy Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Swelect Sun Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Feb 2025 | 101103700 | Others | ₹36.5 Cr | Open | |
| 22 Jun 2021 | 100462073 | Yes Bank Limited | ₹25 Cr | Satisfied | |
| 17 Feb 2021 | 100435206 | State Bank of India | ₹9 Cr | Satisfied |
To see the full charge records of Swelect Sun Energy Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Swelect Sun Energy Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹25.02 Cr; the latest was in March 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Funding round | ₹25.02 Cr | Investors: Swelect Energy Systems Limited , Hatsun Agro Product Limited , Sicgilsol Gases Private Limited |
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 Swelect Sun 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 Swelect Sun Energy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Swelect Sun Energy Private Limited has a workforce of 10 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Swelect Sun Energy has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABFCS1883C1ZJ | Tamil Nadu | Active | 19 Jan 2021 |
To see the full GST registrations and return filing status of Swelect Sun Energy Private Limited, buy the company report.
Recent activity
Swelect Sun Energy Private Limited has 7 board changes on record since 2020: 6 appointments and 1 cessation. The latest: Ravi Muthusamy was appointed as Director on 01 Apr 2024.
3 earlier events are in the company report.
News
Frequently asked questions
Swelect Sun Energy is an active private limited company based in Chennai, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 29 December 2020 (6+ years old) and is registered under CIN U40105TN2020PTC140431.
Swelect Sun Energy has 5 current directors:
- Raghunath Venkatagiri Chellappan - Whole-Time Director
- Iniyan Selvarajan - Director
- Balan Arthanari - Director
- Chellappan Ramasamy Gounder - Director
- Ravi Muthusamy - Director
The latest financial statements of Swelect Sun Energy on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 July 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Swelect Sun Energy is 33ABFCS1883C1ZJ, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Swelect Sun Energy is U40105TN2020PTC140431. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Swelect Sun Energy was incorporated on 29 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Chennai.
Swelect Sun Energy has 1 deal on record (1 funding round), with disclosed funding of ₹25.02 Cr; the latest was in March 2021.
The peers of Swelect Sun Energy by revenue are Sunfree North East Renewable Energy Private Limited, MH Technique Solaire India Private Limited, Kiran Renewables Private Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Ravi Muthusamy was appointed as Director on 01 Apr 2024. Krishnan Sudarsanam ceased to be Director on 31 Mar 2024. Balan Arthanari was appointed as Director on 11 Mar 2022. Swelect Sun Energy has 7 board changes on record in total.
Swelect Sun Energy can be reached through the website swelectes.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Swelect Sun Energy is at Swelecthouse No.5 Sirp.S.Sivasamysalai Mylapore, Chennai, Tamil Nadu, India – 600004.
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