Vec Solar Private Limited
About Vec Solar Private Limited
Data last updated:
Vec Solar Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electrical services segment of the construction sector. It was incorporated on 15 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2016PTC110276. Its GSTIN is 36AAFCV4893E2ZZ (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kambham Masthan Reddy and Vemireddy Praveen Reddy.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H.No 6 – 59/4 Laxmi Nagar Colony Dammaiguda Keesara Mandal Nagaram, Hyderabad, Telangana, India – 500083.
As per the financials filed for FY 2020, the company reported a revenue of ₹86.48 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹1.57 Lakh (net margin 1.8%) and EBITDA of ₹5.12 Lakh (EBITDA margin 5.9%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years.
The company has about 34 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Vec Solar Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressH.No 6 – 59/4 Laxmi Nagar Colony Dammaiguda Keesara Mandal Nagaram, Hyderabad, Telangana, India – 500083
- IndustryConstruction, Electrical Services, Plumbing Services & Construction Specialties, Demolition & Construction Services
To see the full contact details of Vec Solar 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
Financials of Vec Solar Private Limited
FY 2024 filings availableVec Solar Private Limited reported revenue of ₹86.48 Lakh (down 36% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over three years, including a 36% fall in the latest year. EBITDA fell 63% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹86.48 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹5.12 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.57 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5.9% | |||
| Net Profit Margin | 1.8% | |||
| 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 Vec Solar Private Limited, buy the company report.
Board of directors of Vec Solar Private Limited
Vec Solar has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kambham Masthan Reddy | Director | 15 Jun 2016 | 10 Years 4 Months | Current |
| Vemireddy Praveen Reddy | Director | 15 Jun 2016 | 10 Years 4 Months | Current |
Auditor
Vec Solar Private Limited is audited by Kothuru & Co Chartered Accountants for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Kothuru & Co Chartered Accountants | FY 2017 | 017439S |
Shareholding
The shareholding of Vec Solar Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Vec Solar Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Vec Solar 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 Vec Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vec Solar Private Limited has a workforce of 34 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
GST
Vec Solar has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCV4893E2ZZ | Telangana | Active | 01 Jul 2017 |
| 29AAFCV4893E1ZV | Karnataka | Active | 05 Sep 2017 |
To see the full GST registrations and return filing status of Vec Solar Private Limited, buy the company report.
Recent activity
Vec Solar Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Kambham Masthan Reddy was appointed as Director on 15 Jun 2016.
Frequently asked questions
Vec Solar is an active private limited company based in Hyderabad, Telangana, India. The company works in electrical services, within the construction industry. It was incorporated on 15 June 2016 (10+ years old) and is registered under CIN U74999TG2016PTC110276.
Vec Solar has 2 current directors:
- Kambham Masthan Reddy - Director
- Vemireddy Praveen Reddy - Director
The latest financial statements of Vec Solar on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Vec Solar is 36AAFCV4893E2ZZ, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AAFCV4893E1ZV (Karnataka).
The CIN (Corporate Identification Number) of Vec Solar is U74999TG2016PTC110276. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vec Solar was incorporated on 15 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Hyderabad.
Kambham Masthan Reddy was appointed as Director on 15 Jun 2016. Vemireddy Praveen Reddy was appointed as Director on 15 Jun 2016.
The registered office of Vec Solar is at H.No 6 – 594 Laxmi Nagar Colony Dammaiguda Keesara Mandal Nagaram, Hyderabad, Telangana, India – 500083.
Vec Solar operates in the construction industry, in the electrical services segment.
The compliance status of Vec Solar is compliant as of 21 September 2026. The company is actively filing with the Registrar of Companies.
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