About Vasavi Solar Power Private Limited
Data last updated:
Vasavi Solar Power Private Limited is a private limited company based in Nizampet, Telangana, India, a subsidiary of Vasavi Power Services Private Limited. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 29 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40106TG2010PTC069210. Its GSTIN is 08AADCV3951H1Z6 (Rajasthan).
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.3 Cr. It is led by directors including Kamal Kant Maheshwari and Dhiraj Kumar.
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 Nizampet, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.11 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹10.19 Cr (net margin 100.7%) and EBITDA of ₹11.23 Cr (EBITDA margin 111.1%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹36 Cr and satisfied charges of ₹72.09 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vasavipower.com.
Company details
CIN history
Vasavi Solar Power has one previous CIN (Corporate Identification Number): U40106AP2010PTC069210. The current CIN is U40106TG2010PTC069210, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40106TG2010PTC069210 | Current |
| U40106AP2010PTC069210 | Previous |
Contact details
Vasavi Solar Power Private Limited's registered office is in Nizampet, Telangana. Its website is vasavipower.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressH.No. 3 – 147/20/B/401 Flat No.401/B.M.S Estates Balaji Nagar Near Ravindra Bharathi Scho, Ol, Nizampet, Telangana, India – 500090
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Vasavi Solar Power 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 Vasavi Solar Power 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 Vasavi Solar Power Private Limited, buy the company report.
Financials of Vasavi Solar Power Private Limited
FY 2025 filings availableVasavi Solar Power Private Limited reported revenue of ₹10.11 Cr (up 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 7% growth in the latest year. EBITDA rose 31% 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 |
|---|---|---|---|---|---|
| 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 | ₹11.23 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.19 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 111.1% | ||||
| Net Profit Margin | 100.7% | ||||
| 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 Vasavi Solar Power Private Limited, buy the company report.
Board of directors of Vasavi Solar Power Private Limited
Vasavi Solar Power has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kant Maheshwari Also directs: Finehope Allied Engineering Private Limited, Saidham Overseas Private Limited, Dde Renewable Energy Private Limited and 5 more | Director | 24 Oct 2023 | 3 Years 0 Months | Current |
| Dhiraj Kumar Also directs: Finehope Allied Engineering Private Limited, Saidham Overseas Private Limited, Dde Renewable Energy Private Limited and 5 more | Director | 04 Mar 2024 | 2 Years 7 Months | Current |
| Vipul Zaverilal Mandalia Also directs: Amazo Projects LLP, Zaveri Infracon Limited Liability Partnership, Jagdambey Hydro Projects LLP and 5 more | Additional Director | 06 Jan 2026 | 0 Years 9 Months | Current |
| Chanakya Chandreshkumar Mandalia Also directs: Zaverilal Zaveri LLP, Finehope Allied Engineering Private Limited, Dde Renewable Energy Private Limited and 5 more | Additional Director | 06 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Vasavi Solar Power Private Limited is compared with the 6 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 |
|---|---|---|---|---|---|---|
| Kiran Solar One Private Limited | ₹10.17 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Azure Power Forty Four Private Limited | ₹10.16 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India | |||
| Vasavi Solar Power Private Limitedthis company | ₹10.11 Cr (FY 2025) | ₹10.19 Cr | 100.7% | 7.0% | Nizampet, Telangana, India | |
| Radiance Ka Sunrise Three Private Limited | ₹10.1 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Fpel Power Private Limited | ₹10.1 Cr (FY 2025) | 259.0% | Hyderabad, Telangana, India | |||
| Focal Renewable Energy Two India Private Limited | ₹10.1 Cr (FY 2025) | -2.0% | New Delhi, Delhi, India | |||
| Radiance Ka Sunshine Four Private Limited | ₹10.08 Cr (FY 2025) | -7.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vasavi Solar Power Private Limited, buy the company report.
Auditor
Vasavi Solar Power Private Limited is audited by RAJSEKHARA & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAJSEKHARA & ASSOCIATES | FY 2018 | 011714S |
Shareholding
The shareholding of Vasavi Solar Power Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Vasavi Solar Power Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2024 | 100894077 | Others | ₹36 Cr | Open | |
| 27 May 2022 | 100595082 | Others | ₹18.09 Cr | Satisfied | |
| 28 Dec 2015 | 10609671 | Icici Bank Limited | ₹15 Cr | Satisfied | |
| 31 Aug 2012 | 10374451 | Power Finance Corporation Limited | ₹39 Cr | Satisfied |
To see the full charge records of Vasavi Solar Power Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vasavi Solar Power Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
| District court, Hyderabad CCC, Telangana | Criminal complaint | Filed against the company by Registrar of Companies | Disposed |
To see the full case history of Vasavi Solar Power 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 Vasavi Solar Power Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Vasavi Solar Power has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08AADCV3951H1Z6 | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vasavi Solar Power Private Limited, buy the company report.
Recent activity
Vasavi Solar Power Private Limited has 18 board changes on record since 2012: 4 appointments and 14 cessations. The latest: Chanakya Chandreshkumar Mandalia was appointed as Additional Director on 06 Jan 2026.
17 earlier events are in the company report.
Frequently asked questions
Vasavi Solar Power is an active private limited company based in Nizampet, Telangana, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 29 June 2010 (16+ years old) and is registered under CIN U40106TG2010PTC069210.
Vasavi Solar Power has 4 current directors:
- Kamal Kant Maheshwari - Director
- Dhiraj Kumar - Director
- Vipul Zaverilal Mandalia - Additional Director
- Chanakya Chandreshkumar Mandalia - Additional Director
The latest financial statements of Vasavi Solar Power 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 2015 are in the company report.
The GSTIN of Vasavi Solar Power is 08AADCV3951H1Z6, registered in Rajasthan.
The CIN (Corporate Identification Number) of Vasavi Solar Power is U40106TG2010PTC069210. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vasavi Solar Power has 2 court cases on record: 2 filed against it.
Vasavi Solar Power was incorporated on 29 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Vasavi Solar Power by revenue are Kiran Solar One Private Limited, Azure Power Forty Four Private Limited, Radiance Ka Sunrise Three Private Limited, Fpel Power Private Limited, Focal Renewable Energy Two India Private Limited and 1 more, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
Chanakya Chandreshkumar Mandalia was appointed as Additional Director on 06 Jan 2026. Vipul Zaverilal Mandalia was appointed as Additional Director on 06 Jan 2026. Dhiraj Kumar ceased to be Additional Director on 29 Sep 2024. Vasavi Solar Power has 18 board changes on record in total.
Vasavi Solar Power can be reached through the website vasavipower.com. Its registered office is in Nizampet, Telangana, India.
The registered office of Vasavi Solar Power is at H.No. 3 – 14720B401 Flat No.401B.M.S Estates Balaji Nagar Near Ravindra Bharathi Scho, Ol, Nizampet, Telangana, India – 500090.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
