MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-32-0006449
Vijali Solar Private Limited
Vijali Solar Private Limited - energy in Morbi, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹80.83 Lakh
▼ 8% YoY
Net profit · FY 2025
₹17.29 Lakh
Net margin 21.4%
EBITDA · FY 2025
₹48.91 Lakh
EBITDA margin 60.5%
Authorised capital
₹65 Lakh
Registered with MCA
Paid-up capital
₹65 Lakh
Issued & subscribed
Open charges
₹2.36 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
About Vijali Solar Private Limited
Data last updated:
Vijali Solar Private Limited is a private limited company based in Morbi, Gujarat, India. It operates in the transmission and distribution segment of the energy sector. It was incorporated on 20 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40300GJ2019PTC111580.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹65 Lakh. It is led by directors including Vijyaben Limbabhai Kasundra and Neelaben Sureshbhai Kasundra.
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 Gitanjali Plaza Sp 34 Opp New St Shanala Road Village: Morvi, Morbi, Gujarat, India – 363641.
As per the financials filed for FY 2025, the company reported a revenue of ₹80.83 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹17.29 Lakh (net margin 21.4%) and EBITDA of ₹48.91 Lakh (EBITDA margin 60.5%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years.
As per MCA filings, the company has open charges of ₹2.36 Cr on record.
Vijali Solar Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0006449).
Company details
CIN U40300GJ2019PTC111580
Registration Number 111580
Incorporation Date 20 December 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-GJ-32-0006449
Key People
Vijyaben Limbabhai Kasundra Director Neelaben Sureshbhai Kasundra Director Kamlesh Thakarshibhai Rupala Director Recognitions & Rankings of Vijali Solar
Contact details
Vijali Solar Private Limited's registered office is in Morbi, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressGitanjali Plaza Sp 34 Opp New St Shanala Road Village: Morvi, Morbi, Gujarat, India – 363641
- IndustryEnergy, Transmission And Distribution, Electric Power Generation
To see the full contact details of Vijali Solar Private Limited, buy the company report.
Comprehensive company report
Vijali 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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Business activity
The main business activity of Vijali 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 Vijali Solar Private Limited, buy the company report.
Financials of Vijali Solar Private Limited
FY 2025 filings availableVijali Solar Private Limited reported revenue of ₹80.83 Lakh (down 8% YoY) for FY 2025.
Revenue · FY 2025
₹80.83 Lakh ▼ 8%
Net profit · FY 2025
₹17.29 Lakh margin 21.4%
EBITDA · FY 2025
₹48.91 Lakh margin 60.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 8%
3 years · compounded
▲ 11%
EBITDA CAGR growth
1 year
▼ 40%
3 years · compounded
▼ 2%
Revenue fell 8% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 40% 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 | |||||
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| Total Expenses | |||||
| EBITDA | ₹48.91 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹17.29 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 60.5% | ||||
| Net Profit Margin | 21.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Vijali Solar Private Limited, buy the company report.
Board of directors of Vijali Solar Private Limited
Vijali Solar has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijyaben Limbabhai Kasundra | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Neelaben Sureshbhai Kasundra Also directs: HPK Green Energy LLP | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
| Kamlesh Thakarshibhai Rupala | Director | 20 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
Vijali Solar Private Limited is compared with the 7 companies closest to it by revenue in the Power industry (Transmission and Distribution), 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 |
|---|---|---|---|---|---|---|
| Bhuvneshwari Hydro Private Limited | ₹82.69 Lakh (FY 2024) | -39.0% | Kullu, Himachal Pradesh, India | |||
| Eagle Wind Energy Private Limited | ₹81.59 Lakh (FY 2025) | -51.0% | Tiruchengode, Tamil Nadu, India | |||
| Insolexo Private Limited | ₹81.18 Lakh (FY 2021) | -77.0% | Mumbai, Maharashtra, India | |||
| Vijali Solar Private Limitedthis company | ₹80.83 Lakh (FY 2025) | ₹17.29 Lakh | 21.4% | -8.0% | Morbi, Gujarat, India | |
| Relcom Software Solutions Private Limited | ₹80.52 Lakh (FY 2022) | 2.0% | Mumbai, Maharashtra, India | |||
| Kug Energy Private Limited | ₹80.37 Lakh (FY 2025) | 462.0% | Palavanthangal, Tamil Nadu, India | |||
| Ignis Power System Private Limited | ₹79.1 Lakh (FY 2019) | 85.0% | New Delhi, Delhi, India | |||
| Balbir Power Private Limited | ₹78.64 Lakh (FY 2025) | 3.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Vijali Solar Private Limited, buy the company report.
Auditor
Vijali Solar Private Limited is audited by CHAVDA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHAVDA & CO. | FY 2023 | 164875 |
Shareholding
The shareholding of Vijali Solar 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vijali Solar Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.36 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Sep 2020 | 100374462 | State Bank of India | ₹2.36 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Vijali 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 Vijali Solar Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vijali Solar Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vijali Solar Private Limited has 3 board changes on record since 2019: 3 appointments. The latest: Kamlesh Thakarshibhai Rupala was appointed as Director on 20 Dec 2019.
AGM
Vijali Solar Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Vijali Solar Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with State Bank Of India amounted to Rs. 236.00 Lakh with Charge ID 100374462 was registered on 10 Sep 2020.
Appointed
Kamlesh Thakarshibhai Rupala was appointed as Director.
Appointed
Neelaben Sureshbhai Kasundra was appointed as Director.
Appointed
Vijyaben Limbabhai Kasundra was appointed as Director.
Incorporation
20 Dec 2019
Vijali Solar Private Limited was registered on 20 Dec 2019 with Roc Ahmedabad & aged 6 years 10 months as per MCA records.
Frequently asked questions
Vijali Solar is an active private limited company based in Morbi, Gujarat, India. The company works in transmission and distribution, within the energy industry. It was incorporated on 20 December 2019 (7+ years old) and is registered under CIN U40300GJ2019PTC111580.
Vijali Solar has 3 current directors:
- Vijyaben Limbabhai Kasundra - Director
- Neelaben Sureshbhai Kasundra - Director
- Kamlesh Thakarshibhai Rupala - Director
The latest financial statements of Vijali 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 2020 are in the company report.
The CIN (Corporate Identification Number) of Vijali Solar is U40300GJ2019PTC111580. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vijali Solar was incorporated on 20 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Vijali Solar by revenue are Bhuvneshwari Hydro Private Limited, Eagle Wind Energy Private Limited, Insolexo Private Limited, Relcom Software Solutions Private Limited, Kug Energy Private Limited and 2 more, all in the Power industry (Transmission and Distribution), with the same principal business activity (electric power generation, transmission and distribution).
Kamlesh Thakarshibhai Rupala was appointed as Director on 20 Dec 2019. Neelaben Sureshbhai Kasundra was appointed as Director on 20 Dec 2019. Vijyaben Limbabhai Kasundra was appointed as Director on 20 Dec 2019.
Yes, Vijali Solar is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-32-0006449).
The registered office of Vijali Solar is at Gitanjali Plaza Sp 34 Opp New St Shanala Road Village: Morvi, Morbi, Gujarat, India – 363641.
Vijali Solar operates in the energy industry, in the transmission and distribution segment.
Vijali Solar has open charges of ₹2.36 Cr and no satisfied charges on record as per latest MCA filings.
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