MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0013613
Trio Solar Private Limited - energy and power in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹48.28 Cr
▲ 45% YoY
Net profit · FY 2024
₹1.18 Cr
Net margin 2.4%
EBITDA · FY 2024
₹2.38 Cr
EBITDA margin 4.9%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹51.79 Cr
Satisfied ₹13.15 Cr
Company age
11 yrs
Est. 2015
Directors on board
2
As per MCA filings
About Trio Solar Private Limited
Data last updated:
Trio Solar Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U52100TN2015PTC100563. Its GSTIN is 33AAFCT4120Q1Z7 (Tamil Nadu).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1 Lakh. It is led by directors Anusha Balakumar and Keerthy.
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 No. 20/7 Flat 3B Dr. Nair Road, Chennai, Tamil Nadu, India – 600017.
As per the financials filed for FY 2024, the company reported a revenue of ₹48.28 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹1.18 Cr (net margin 2.4%) and EBITDA of ₹2.38 Cr (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 157% over three years and 74% over five years.
The company is associated with 1 brand: Triosolar. As per MCA filings, the company has open charges of ₹51.79 Cr and satisfied charges of ₹13.15 Cr on record. Court records list 10 cases involving the company, including 5 filed by the company and 5 filed against it; 2 cases are pending.
Trio Solar Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0013613). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website triosolar.in.
Company details
CIN U52100TN2015PTC100563
Registration Number 100563
Incorporation Date 19 May 2015
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0013613
Recognitions & Rankings of Trio Solar
Contact details
Trio Solar Private Limited's registered office is in Chennai, Tamil Nadu. Its website is triosolar.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 20/7 Flat 3B Dr. Nair Road, Chennai, Tamil Nadu, India – 600017
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Trio Solar Private Limited, buy the company report.
Comprehensive company report
Trio Solar 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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Brands
Trio Solar operates one associated brand: TRIOSOLAR. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures high-quality solar water heaters, pumps, street lights, air conditioners, and related products. | triosolar.co.in |
Business activity
The main business activity of Trio Solar 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 Trio Solar Private Limited, buy the company report.
Financials of Trio Solar Private Limited
FY 2025 filings availableTrio Solar Private Limited reported revenue of ₹48.28 Cr (up 45% YoY) for FY 2024.
Revenue · FY 2024
₹48.28 Cr ▲ 45%
Net profit · FY 2024
₹1.18 Cr margin 2.4%
EBITDA · FY 2024
₹2.38 Cr margin 4.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 157%
5 years · compounded
▲ 74%
EBITDA CAGR growth
1 year
▲ 79%
3 years · compounded
▲ 73%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 74% over five years, including 45% growth in the latest year. EBITDA rose 79% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹2.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.18 Cr | ||||
| 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Trio Solar Private Limited, buy the company report.
Board of directors of Trio Solar Private Limited
Trio Solar 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 |
|---|---|---|---|---|
| Anusha Balakumar Also directs: V9 Wealth Management LLP, Southern Song Consulting Group (India) LLP, Eighth Sense Biosciences Private Limited and 5 more | Director | 19 May 2015 | 11 Years 5 Months | Current |
| Keerthy Also directs: Zora Jewels Private Limited | Additional Director | 23 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Trio Solar Private Limited is compared with the 3 companies closest to it by revenue in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Solarark Projects Private Limited | ₹48.36 Cr (FY 2024) | 152.0% | Amravati, Maharashtra, India | |||
| Powergrid Ramgarh Transmission Limited | ₹48.35 Cr (FY 2025) | 269.0% | New Delhi, Delhi, India | |||
| Trio Solar Private Limitedthis company | ₹48.28 Cr (FY 2024) | ₹1.18 Cr | 2.4% | 45.0% | Chennai, Tamil Nadu, India | |
| Silres Energy Solutions Private Limited | ₹47.79 Cr (FY 2024) | 14.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Trio Solar Private Limited, buy the company report.
Auditor
Trio Solar Private Limited is audited by S.Sudhakar for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.Sudhakar | FY 2023 | 217149 |
Shareholding
The shareholding of Trio Solar Private Limited is on record for 5 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 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Trio Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹51.79 Cr
Satisfied charges
₹13.15 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2025 | 101091565 | Others | ₹22 Cr | Open | |
| 31 Mar 2025 | 101098286 | Others | ₹6.5 Cr | Open | |
| 20 Mar 2024 | 100893823 | Others | ₹23 Cr | Open | |
| 25 Jul 2022 | 100619796 | Bank of India | ₹18 Lakh | Open | |
| 21 Dec 2020 | 100423229 | Hdfc Bank Limited | ₹11.45 Lakh | Open |
To see the full charge records of Trio Solar Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Trio Solar Private Limited has 10 court cases on record: 5 filed by Trio Solar, 5 filed against it. 2 cases are pending and 8 are disposed.
Total cases
10
Filed by the company
5
Filed against the company
5
Pending
2
Disposed
8
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 2 |
| District courts | 4 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Pending |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Writ petition | Filed against the company by an individual | Disposed |
| High Court, TAMIL NADU | Court case (WMP(MD)) | Filed against the company by The Authorised Officer M/S. Isaac Chambers, 8300755132,Jai Ganesh B ,Defin Jeenath D N ,Ester Rajan Nallathambi ,Hari Hara Selvan R,M.F.Rooshi Maas,Nivithaa Jothi P ,I.G. Ivyn,S.Sivasamy,S.A. Amal Jin,A. Ruban Babu,K.Ragatheesh Kumar | Disposed |
To see the full case history of Trio Solar Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Trio Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Trio Solar has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCT4120Q1Z7 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Trio Solar Private Limited, buy the company report.
Recent activity
Trio Solar Private Limited has 7 board changes on record since 2015: 2 appointments and 5 cessations. The latest: Rajendran Balakumar ceased to be Director on 07 Jul 2021.
AGM
Trio Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 04 Feb 2023 via Charge ID 100683524 with Others was fully satisfied on 02 Sep 2025.
Charges
A charge registered on 02 Sep 2021 via Charge ID 100481255 with City Union Bank Limited was fully satisfied on 24 Jun 2025.
Charges
A charge registered on 23 May 2018 via Charge ID 100190495 with Others was fully satisfied on 24 Jun 2025.
Charges
A charge with Others amounted to Rs. 22.00 Cr with Charge ID 101091565 was registered on 23 Apr 2025.
Filing
Trio Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 6.50 Cr with Charge ID 101098286 was registered on 31 Mar 2025.
Charges
A charge with Others amounted to Rs. 23.00 Cr with Charge ID 100893823 was registered on 20 Mar 2024.
Charges
A charge with Others of Rs. 9.00 Cr registered on 04 Feb 2023 with Charge ID 100683524 was modified on 22 Nov 2023.
Charges
A charge with Others amounted to Rs. 9.00 Cr with Charge ID 100683524 was registered on 04 Feb 2023.
Charges
A charge with Bank Of India amounted to Rs. 0.18 Cr with Charge ID 100619796 was registered on 25 Jul 2022.
Charges
A charge with Others of Rs. 3.75 Cr registered on 23 May 2018 with Charge ID 100190495 was modified on 28 May 2022.
11 earlier events are in the company report.
Frequently asked questions
Trio Solar is an active private limited company based in Chennai, Tamil Nadu, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 May 2015 (11+ years old) and is registered under CIN U52100TN2015PTC100563.
Trio Solar has 2 current directors:
- Anusha Balakumar - Director
- Keerthy - Additional Director
The latest financial statements of Trio Solar on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Trio Solar is 33AAFCT4120Q1Z7, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Trio Solar is U52100TN2015PTC100563. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Trio Solar has 10 court cases on record: 5 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Trio Solar was incorporated on 19 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Trio Solar by revenue are Solarark Projects Private Limited, Powergrid Ramgarh Transmission Limited, Silres Energy Solutions Private Limited, all in the Power industry (EPC, BoP and BTG, Power Equipment Manufacturers), with the same principal business activity (electric power generation, transmission and distribution).
Rajendran Balakumar ceased to be Director on 07 Jul 2021. Chinnaraj Kaliappan ceased to be Director on 17 Aug 2018. Keerthy was appointed as Additional Director on 23 Jan 2018. Trio Solar has 7 board changes on record in total.
Yes, Trio Solar is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0013613).
Trio Solar can be reached through the website triosolar.in. Its registered office is in Chennai, Tamil Nadu, India.
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