Torrid Solar Power Private Limited

Torrid Solar Power Private Limited - energy and power in Sadashivnagar, Karnataka, India. FY 2026 financials & compliance.
CIN U74999KA2017PTC102966 Incorporated 16 May 2017 ROC Bangalore HQ Sadashivnagar, Karnataka, India
Active Private Limited Company energy and power MSME · Micro
Data last updated
Revenue · FY 2025
₹2.2 Cr
▼ 1% YoY
Net loss · FY 2025
₹21.33 Lakh
Net margin -9.7%
EBITDA · FY 2025
₹1.24 Cr
EBITDA margin 56.1%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹6.14 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings

About Torrid Solar Power Private Limited

Data last updated:

Torrid Solar Power Private Limited is a private limited company based in Sadashivnagar, Karnataka, India, a subsidiary of Sil Rooftop Solar Power Private Limited. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 16 May 2017 and has been in existence for over 9 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102966. Its GSTIN is 29AAGCT2579Q1ZC (Karnataka).

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Patrik Vijay Kumar Francis Arun Kumar and Dinesh Kumar Agarwal.

Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sadashivnagar, Karnataka.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.2 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹21.33 Lakh (net margin -9.7%) and EBITDA of ₹1.24 Cr (EBITDA margin 56.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 5% over five years.

As per MCA filings, the company has open charges of ₹6.14 Cr on record. The company has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15.74 Cr; the latest was in March 2022. Its 4 peer companies in the Infrastructure industry (Power Projects, Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 2 smaller; the largest is Ridhiyana Energy Private Limited with revenue of ₹2.23 Cr.

Torrid Solar Power Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0036872). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website refex.co.in.

Company details

CIN U74999KA2017PTC102966
Registration Number 102966
Incorporation Date 16 May 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 06 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Sil Rooftop Solar Power Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0036872

Recognitions & Rankings of Torrid Solar Power

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0036872

Contact details

Torrid Solar Power Private Limited's registered office is in Sadashivnagar, Karnataka. Its website is refex.co.in. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Portion A 3rd Floor Achaiah Chetty Arcade No 19 Achaiah Chetty Layout Mekhri Circle Rmv, Ex, Sadashivnagar, Karnataka, India – 560080
  • Industry
    Energy and Power, BoP & BTG Services, Power EPC

To see the full contact details of Torrid Solar Power Private Limited, buy the company report.

Comprehensive company report
Torrid Solar Power 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
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Business activity

The main business activity of Torrid Solar Power is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Torrid Solar Power Private Limited, buy the company report.

Financials of Torrid Solar Power Private Limited

FY 2025 filings available

Torrid Solar Power Private Limited reported revenue of ₹2.2 Cr (down 1% YoY) for FY 2025.

Revenue · FY 2025
₹2.2 Cr ▼ 1%
Net loss · FY 2025
₹21.33 Lakh margin -9.7%
EBITDA · FY 2025
₹1.24 Cr margin 56.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 1%
3 years · compounded
▲ 3%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 11%
5 years · compounded
▼ 3%

Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 22% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹1.24 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹21.33 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin56.1%
Net Profit Margin-9.7%
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

To see the full financial statements and ratios of Torrid Solar Power Private Limited, buy the company report.

Board of directors of Torrid Solar Power Private Limited

Torrid Solar Power has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Patrik Vijay Kumar Francis Arun KumarDirector25 Mar 20224 Years 7 MonthsCurrent
Dinesh Kumar AgarwalDirector20 Mar 20206 Years 7 MonthsCurrent
RajammaDirector16 May 20179 Years 5 MonthsCurrent

Peer comparison

Torrid Solar Power Private Limited is compared with the 4 companies closest to it by revenue in the Infrastructure industry (Power Projects, Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ridhiyana Energy Private Limited₹2.23 Cr (FY 2025)54.0%Gurugram, Haryana, India
Goodwatts Solar Modasa 2Mw Private Limited₹2.2 Cr (FY 2025)-19.0%Ahmedabad, Gujarat, India
Torrid Solar Power Private Limitedthis company₹2.2 Cr (FY 2025)-₹21.33 Lakh-9.7%-1.0%Sadashivnagar, Karnataka, India
Talf Energy India Private Limited₹2.18 Cr (FY 2025)1347.0%Delhi, India
Sunspring Solar Private Limited₹2.17 Cr (FY 2025)-28.0%Mumbai, Maharashtra, India

To see the full peer comparison of Torrid Solar Power Private Limited, buy the company report.

Auditor

Torrid Solar Power Private Limited is audited by A B C D & CO for the financial year 2021.

Auditor firmFinancial yearFirm registration number
A B C D & COFY 2021016415S

Shareholding

The shareholding of Torrid Solar Power Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Torrid Solar Power Private Limited, buy the company report.

Charges & borrowings

Open charges
₹6.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹6.14 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
10 Apr 2024100905020Others₹6.14 CrOpen

To see the full charge records of Torrid Solar Power Private Limited, buy the company report.

Total charge records: 1 View all charges

Deals & funding

Torrid Solar Power Private Limited has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15.74 Cr; the latest was in March 2022.

Total deals
3
Funding round
1
Convertible or debt financing
1
Secondary share transfer
1
Disclosed funding
₹15.74 Cr

Deals on record (2 of 3)

WhenDealAmountParties
Oct 2020Secondary share transferUndisclosedBuyer: Refex Green Power Private Limited
Seller: Sherisha Solar Private Limited
Aug 2020Funding round₹14.67 CrInvestors: Sherisha Solar Private Limited

To see the full deal history of Torrid Solar Power Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Torrid Solar Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Torrid Solar Power has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAGCT2579Q1ZCKarnatakaActive10 Aug 2017

To see the full GST registrations and return filing status of Torrid Solar Power Private Limited, buy the company report.

Recent activity

Torrid Solar Power Private Limited has 9 board changes on record since 2017: 5 appointments and 4 cessations. The latest: Latha Venkatesh Venkatesh ceased to be Additional Director on 30 Aug 2024.

AGM
Torrid Solar Power Private Limited last Annual general meeting of members was held on 06 Sep 2025 as per latest MCA records.
Filing
Torrid Solar Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 6.14 Cr registered on 10 Apr 2024 with Charge ID 100905020 was modified on 17 Feb 2025.
Ceased
Latha Venkatesh Venkatesh ceased to be Additional Director.
Ceased
Pillappan Amalanathan ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 6.14 Cr with Charge ID 100905020 was registered on 10 Apr 2024.
Appointed
Latha Venkatesh Venkatesh was appointed as Director.
Appointed
Pillappan Amalanathan was appointed as Director.
Ceased
Patrik Vijay Kumar Francis Arun Kumar ceased to be Additional Director.
Appointed
Patrik Vijay Kumar Francis Arun Kumar was appointed as Director.
Ceased
Sunny Chandrakumar Jain ceased to be Director.
Appointed
Dinesh Kumar Agarwal was appointed as Director.

2 earlier events are in the company report.

Frequently asked questions

Torrid Solar Power is an active private limited company based in Sadashivnagar, Karnataka, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 16 May 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102966.

Torrid Solar Power has 3 current directors:

The latest financial statements of Torrid Solar Power on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 06 September 2025. Year-wise statements from FY 2018 are in the company report.

The GSTIN of Torrid Solar Power is 29AAGCT2579Q1ZC, registered in Karnataka.

The CIN (Corporate Identification Number) of Torrid Solar Power is U74999KA2017PTC102966. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Torrid Solar Power was incorporated on 16 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.

Torrid Solar Power has 3 deals on record (1 funding round, 1 convertible or debt financing, 1 secondary share transfer), with disclosed funding of ₹15.74 Cr; the latest was in March 2022.

The peers of Torrid Solar Power by revenue are Ridhiyana Energy Private Limited, Goodwatts Solar Modasa 2Mw Private Limited, Talf Energy India Private Limited, Sunspring Solar Private Limited, all in the Infrastructure industry (Power Projects, Solar Power), with the same principal business activity (electric power generation, transmission and distribution).

Latha Venkatesh Venkatesh ceased to be Additional Director on 30 Aug 2024. Pillappan Amalanathan ceased to be Additional Director on 30 Aug 2024. Latha Venkatesh Venkatesh was appointed as Director on 25 Jan 2024. Torrid Solar Power has 9 board changes on record in total.

Yes, Torrid Solar Power is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0036872).

Torrid Solar Power can be reached through the website refex.co.in. Its registered office is in Sadashivnagar, Karnataka, India.