Vesat Renewables Private Limited

Vesat Renewables Private Limited - environment in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29309TZ2019PTC032422 Incorporated 12 July 2019 ROC Coimbatore HQ Coimbatore, Tamil Nadu, India
Active Private Limited Company environment MSME
Data last updated
Revenue · FY 2024
₹10.69 Cr
▲ 41% YoY
Net profit · FY 2024
₹14.16 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹56.57 Lakh
EBITDA margin 5.3%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹3.09 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
23
Provident fund records

About Vesat Renewables Private Limited

Data last updated:

Vesat Renewables Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 12 July 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U29309TZ2019PTC032422. Its GSTIN is 33AAHCV0157B1ZT (Tamil Nadu).

The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Lakshmanasingh Venkatesh (Managing Director) and Lakshman Singh Revathi.

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.21/1 East Tv Samy Road Rs Puram, Coimbatore, Tamil Nadu, India – 641002.

As per the financials filed for FY 2024, the company reported a revenue of ₹10.69 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net profit of ₹14.16 Lakh (net margin 1.3%) and EBITDA of ₹56.57 Lakh (EBITDA margin 5.3%). Revenue has grown at a compounded annual rate (CAGR) of 44% over three years.

The company has about 23 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Vesat Solar. As per MCA filings, the company has open charges of ₹3.09 Cr on record.

Vesat Renewables Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-03-0016018). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vesatsolar.com.

Company details

CIN U29309TZ2019PTC032422
Registration Number 032422
Incorporation Date 12 July 2019
ROC Coimbatore
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 MSME
Udyam Registration UDYAM-TN-03-0016018

Recognitions & Rankings of Vesat Renewables

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-03-0016018

Contact details

Vesat Renewables Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is vesatsolar.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.21/1 East Tv Samy Road Rs Puram, Coimbatore, Tamil Nadu, India – 641002
  • Industry
    Environment, Solar Energy Solutions

To see the full contact details of Vesat Renewables Private Limited, buy the company report.

Comprehensive company report
Vesat Renewables 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

Vesat Renewables operates one associated brand: Vesat Solar. Each brand links to its own profile.

BrandDescriptionWebsite
Manufactures solar water heaters, power systems, and lighting for renewable energy applications.vesatsolar.com

Business activity

The main business activity of Vesat Renewables is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC10Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment

To see the full business activity and turnover split of Vesat Renewables Private Limited, buy the company report.

Financials of Vesat Renewables Private Limited

FY 2025 filings available

Vesat Renewables Private Limited reported revenue of ₹10.69 Cr (up 41% YoY) for FY 2024.

Revenue · FY 2024
₹10.69 Cr ▲ 41%
Net profit · FY 2024
₹14.16 Lakh margin 1.3%
EBITDA · FY 2024
₹56.57 Lakh margin 5.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 41%
3 years · compounded
▲ 44%
EBITDA CAGR growth
1 year
▲ 57%
3 years · compounded
▲ 737%

Revenue has grown at a compounded annual rate (CAGR) of 44% over three years, including 41% growth in the latest year. EBITDA rose 57% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹56.57 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹14.16 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin5.3%
Net Profit Margin1.3%
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 Vesat Renewables Private Limited, buy the company report.

Board of directors of Vesat Renewables Private Limited

Vesat Renewables has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Lakshman Singh RevathiDirector12 Jul 20197 Years 3 MonthsCurrent
Lakshman Singh NiranjnaDirector12 Jul 20197 Years 3 MonthsCurrent
SathyaDirector12 Jul 20197 Years 3 MonthsCurrent
Lakshmanasingh VenkateshManaging Director12 Jul 20197 Years 3 MonthsCurrent

Auditor

Vesat Renewables Private Limited is audited by M.RAMASAMY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M.RAMASAMYFY 2023200518

Shareholding

The shareholding of Vesat Renewables Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Vesat Renewables Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.09 Cr
Satisfied charges
None
Breakdown by lending institutions
Canara Bank₹3.00 Cr
Hdfc Bank Limited₹0.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
31 Jul 2024100989330Hdfc Bank Limited₹9.48 LakhOpen
06 Dec 2019100353308Canara Bank₹3 CrOpen

To see the full charge records of Vesat Renewables Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

Employees & EPFO

Vesat Renewables Private Limited has a workforce of 23 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
23
Active EPFO establishments
1
Employee growth
-4.17%

GST

Vesat Renewables has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAHCV0157B1ZTTamil NaduActive12 Jul 2019

To see the full GST registrations and return filing status of Vesat Renewables Private Limited, buy the company report.

Recent activity

Vesat Renewables Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Lakshman Singh ceased to be Director on 04 May 2023.

AGM
Vesat Renewables Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vesat Renewables Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Coimbatore.
Charges
A charge with Canara Bank of Rs. 3.00 Cr registered on 06 Dec 2019 with Charge ID 100353308 was modified on 17 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.09 Cr with Charge ID 100989330 was registered on 31 Jul 2024.
Ceased
Lakshman Singh ceased to be Director.
Charges
A charge with Canara Bank amounted to Rs. 3.00 Cr with Charge ID 100353308 was registered on 06 Dec 2019.
Appointed
Lakshman Singh Niranjna was appointed as Director.
Appointed
Lakshman Singh Revathi was appointed as Director.
Appointed
Lakshmanasingh Venkatesh was appointed as Managing Director.
Appointed
Sathya was appointed as Director.
Incorporation
12 Jul 2019
Vesat Renewables Private Limited was registered on 12 Jul 2019 with Roc Coimbatore & aged 7 years 3 months as per MCA records.

Frequently asked questions

Vesat Renewables is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in solar energy solutions, within the environment industry. It was incorporated on 12 July 2019 (7+ years old) and is registered under CIN U29309TZ2019PTC032422.

Vesat Renewables has 4 current directors:

The latest financial statements of Vesat Renewables 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 2020 are in the company report.

The GSTIN of Vesat Renewables is 33AAHCV0157B1ZT, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Vesat Renewables is U29309TZ2019PTC032422. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Vesat Renewables was incorporated on 12 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Coimbatore.

Lakshman Singh ceased to be Director on 04 May 2023. Lakshman Singh Niranjna was appointed as Director on 12 Jul 2019. Lakshman Singh Revathi was appointed as Director on 12 Jul 2019. Vesat Renewables has 5 board changes on record in total.

Yes, Vesat Renewables is registered as an MSME under Udyam registration (number: UDYAM-TN-03-0016018).

Vesat Renewables can be reached through the website vesatsolar.com. Its registered office is in Coimbatore, Tamil Nadu, India.

The registered office of Vesat Renewables is at No.211 East Tv Samy Road Rs Puram, Coimbatore, Tamil Nadu, India – 641002.