About Walwhan Solar MH Limited
Data last updated:
Walwhan Solar MH Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Walwhan Renewable Energy Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the solar energy solutions segment of the environmental services sector. It was incorporated on 20 November 2006.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U40108MH2006PLC165673. Its GSTIN is 27AAECP2094C1ZL (Maharashtra). The company held 3 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹50 Cr and a paid-up capital of ₹5 Lakh. It was formerly known as Welspun Energy Maharashtra Private Limited and Walwhan Solar Mh Private Limited. It was led by directors including Ashwinikumar Ganpatrao Patil and Danish Afroz.
Its last annual general meeting (AGM) was held on 09 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹27.89 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹8.45 Cr (net margin 30.3%) and EBITDA of ₹23.72 Cr (EBITDA margin 85.1%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years.
The company had about 3 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹1,308.5 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The last known website on record is tatapower.com.
Company details
Name history
Walwhan Solar MH has undergone 3 name changes throughout its history. The company was previously known as Welspun Energy Maharashtra Private Limited, Walwhan Solar Mh Private Limited, and Pyramid Textiles Private Limited. The current legal name is Walwhan Solar Mh Limited.
| Company Name | Status |
|---|---|
| Walwhan Solar MH Limited | Current |
| Welspun Energy Maharashtra Private Limited | Previous |
| Walwhan Solar Mh Private Limited | Previous |
| Pyramid Textiles Private Limited | Previous |
CIN history
Walwhan Solar MH has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U40108MH2006PLC165673, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40108MH2006PLC165673 | Current |
| U17293MH2006PTC165673 | Previous |
| U40108MH2006PTC165673 | Previous |
Contact details
Walwhan Solar MH Limited's registered office is in Mumbai, Maharashtra. Its website is tatapower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressC/O The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009
- IndustryEnvironment, Solar Energy Solutions
To see the full contact details of Walwhan Solar MH 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 Walwhan Solar MH Limited
FY 2024 filings availableWalwhan Solar MH Limited reported revenue of ₹27.89 Cr (up 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over three years, including 5% growth in the latest year. EBITDA rose 3% 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 | ₹27.89 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.72 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.45 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 | 85.1% | ||||
| Net Profit Margin | 30.3% | ||||
| 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 Walwhan Solar MH Limited, buy the company report.
Board of directors of Walwhan Solar MH Limited
Walwhan Solar MH has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashwinikumar Ganpatrao Patil | Director | 03 Nov 2020 | 5 Years 11 Months | As last reported |
| Danish Afroz Also directs: TP Adhrit Solar Limited, TP Kirnali Solar Limited, TP Solapur Solar Limited and 3 more | Director | 27 Jan 2022 | 4 Years 9 Months | As last reported |
| Prashant Vasant Joshi | Director | 16 Jun 2022 | 4 Years 4 Months | As last reported |
Auditor
Walwhan Solar MH Limited is audited by S R B C & CO LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S R B C & CO LLP | FY 2024 | 324982E/E300003 |
Shareholding
The shareholding of Walwhan Solar MH Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | 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 Walwhan Solar MH Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Aug 2016 | 100102935 | Others | ₹126 Cr | Satisfied | |
| 06 May 2016 | 100029628 | Idbi Trusteeship Services Limited | ₹1,000 Cr | Satisfied | |
| 05 Aug 2013 | 10441644 | Allbank Finance Ltd | ₹135 Cr | Satisfied | |
| 01 Jul 2013 | 10441388 | State Bank of Patiala | ₹47.5 Cr | Satisfied |
To see the full charge records of Walwhan Solar MH Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Walwhan Solar MH Limited has 3 court cases on record: 2 filed by Walwhan Solar MH, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| NCLT, Mumbai | Court case (C.P.(CAA)) | Filed by the company | Disposed |
| District court, Solapur, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Walwhan Solar MH 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
Walwhan Solar MH Limited has 6 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 8 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Iplon India Private Limited | |||
| PTT Industrial Solutions | |||
| Mitarsh Energy Private Limited | |||
| Pacific Microsystems | |||
| Hach Ott India Private Limited |
To see the full MSME payment records of Walwhan Solar MH Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Walwhan Solar MH Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Walwhan Solar MH has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECP2094C1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Walwhan Solar MH Limited, buy the company report.
Recent activity
Walwhan Solar MH Limited has 27 board changes on record since 2010: 3 appointments and 24 cessations. The latest: Danish Afroz ceased to be Additional Director on 05 Aug 2022.
27 earlier events are in the company report.
News
Frequently asked questions
Walwhan Solar MH has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Walwhan Solar MH was a public limited company based in Mumbai, Maharashtra, India. The company worked in solar energy solutions, within the environment industry. It was incorporated on 20 November 2006 and is registered under CIN U40108MH2006PLC165673. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Walwhan Solar MH was incorporated on 20 November 2006. It is registered with the Registrar of Companies, Mumbai.
Walwhan Solar MH had 3 directors:
- Ashwinikumar Ganpatrao Patil - Director
- Danish Afroz - Director
- Prashant Vasant Joshi - Director
The CIN (Corporate Identification Number) of Walwhan Solar MH is U40108MH2006PLC165673. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Walwhan Solar MH is at CO The Tata Power Company Limited Corporate Center B 34 Sant Tukaram Road Carnac B, Under, Mumbai, Maharashtra, India – 400009.
Walwhan Solar MH can be reached through the website tatapower.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Walwhan Solar MH on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 09 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Walwhan Solar MH is 27AAECP2094C1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
Walwhan Solar MH operated in the environment industry, in the solar energy solutions segment.
Walwhan Solar MH has 6 MSME Form 1 returns on record between 2019 and 2023, listing 15 overdue payments to 8 micro and small suppliers. The latest return was filed on 21 Oct 2023.
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