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Mi Solar (India) Location T. Score Charges People Network Registered Details
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MI SOLAR (INDIA) PRIVATE LIMITED

Active
Updated: 29 Apr 2024

Mi Solar (India) Private Limited, is an unlisted private company incorporated on 15 February, 2016. It is classified as a private limited company and is located in Vadodara, Gujarat. It's authorized share capital is INR 3.01 cr and the total paid-up capital is INR 3.01 cr.

Mi Solar (India)'s operating revenue range is Under INR 1 cr for the financial year ending on 31 March, 2022. It's EBITDA has decreased by 16.91% over the previous year. At the same time, it's book networth has increased by 6.05%.

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Industry

Other service activites
Products
  • Electric power generation, transmission and distribution
Key Metrics

** All rupee values in INR lacs. Based on March 2022 numbers.

Sales
-73.63%
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EBITDA
-16.91%
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Net Profit
201.74%
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Networth
6.05%
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Borrowings
-2.44%
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Assets
-0.26%
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Gross Margin
107.94
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Operating Margin
60.87
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Net Profit Margin
23.47
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Return on Equity
3.7
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ROCE
-2.22
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Debt to Equity
-0.07
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Sales
Mar 2022
Net worth
Mar 2022

Locations

indian flag India (2)
State Type Address

location icon Locations on Map

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Tofler Score

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Poor
Fair
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Very Good
Excellent

Risk

Severe Risk
  • No risks identified
Moderate Risk
  • No risks identified
Low Risk
  • No risks identified
About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Financial Highlights

** All numbers in INR lacs
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Sales GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Gross margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin GET PRO GET PRO GET PRO GET PRO GET PRO
Networth
Borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Debt to equity GET PRO GET PRO GET PRO GET PRO GET PRO
Current ratio GET PRO GET PRO GET PRO GET PRO GET PRO
ROE GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
WC days GET PRO GET PRO GET PRO GET PRO GET PRO
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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%
** All numbers in INR lacs
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity Capital GET PRO GET PRO GET PRO GET PRO GET PRO
Reserves GET PRO GET PRO GET PRO GET PRO GET PRO
Borrowings + GET PRO GET PRO GET PRO GET PRO GET PRO
Long term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Short term borrowings GET PRO GET PRO GET PRO GET PRO GET PRO
Trade payables + GET PRO GET PRO GET PRO GET PRO GET PRO
Days payable GET PRO GET PRO GET PRO GET PRO GET PRO
Other liabilities + GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Other current liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Total liabilities GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Tangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
CWIP GET PRO GET PRO GET PRO GET PRO GET PRO
Intangible assets GET PRO GET PRO GET PRO GET PRO GET PRO
LT loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other non-current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Current assets + GET PRO GET PRO GET PRO GET PRO GET PRO
Inventories GET PRO GET PRO GET PRO GET PRO GET PRO
Trade receivables GET PRO GET PRO GET PRO GET PRO GET PRO
Cash and cash equivalents GET PRO GET PRO GET PRO GET PRO GET PRO
ST loans and advances GET PRO GET PRO GET PRO GET PRO GET PRO
Other current assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total assets GET PRO GET PRO GET PRO GET PRO GET PRO
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Total assets

Profit & Loss

%
** All numbers in INR lacs
Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Sales + GET PRO GET PRO GET PRO GET PRO GET PRO
Sales growth % GET PRO GET PRO GET PRO GET PRO GET PRO
Expenses + GET PRO GET PRO GET PRO GET PRO GET PRO
Cost of goods GET PRO GET PRO GET PRO GET PRO GET PRO
Employee cost GET PRO GET PRO GET PRO GET PRO GET PRO
Other costs GET PRO GET PRO GET PRO GET PRO GET PRO
Operating profit + GET PRO GET PRO GET PRO GET PRO GET PRO
Operating margin % GET PRO GET PRO GET PRO GET PRO GET PRO
Other income GET PRO GET PRO GET PRO GET PRO GET PRO
Interest GET PRO GET PRO GET PRO GET PRO GET PRO
Depreciation GET PRO GET PRO GET PRO GET PRO GET PRO
Exceptional items GET PRO GET PRO GET PRO GET PRO GET PRO
Profit before tax GET PRO GET PRO GET PRO GET PRO GET PRO
Tax GET PRO GET PRO GET PRO GET PRO GET PRO
Profit - disc. ops GET PRO GET PRO GET PRO GET PRO GET PRO
Net profit GET PRO GET PRO GET PRO GET PRO GET PRO
Net margin % GET PRO GET PRO GET PRO GET PRO GET PRO
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Revenue from operations

Ratios

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Solvency +
Total Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Net Debt/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Total Debt/Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Total Assets/Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Liquidity +
Current Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Quick Ratio GET PRO GET PRO GET PRO GET PRO GET PRO
Interest Coverage GET PRO GET PRO GET PRO GET PRO GET PRO
Performance
Gross Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Operating Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Net Margin GET PRO GET PRO GET PRO GET PRO GET PRO
Return +
Return on Equity GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROCE GET PRO GET PRO GET PRO GET PRO GET PRO
Return on Assets GET PRO GET PRO GET PRO GET PRO GET PRO
Pre-tax ROIC GET PRO GET PRO GET PRO GET PRO GET PRO
Efficiency +
Days Payable GET PRO GET PRO GET PRO GET PRO GET PRO
Days Inventory GET PRO GET PRO GET PRO GET PRO GET PRO
Days Receivable GET PRO GET PRO GET PRO GET PRO GET PRO
Fixed Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Total Asset Turnover GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital
Cash Conversion Cycle GET PRO GET PRO GET PRO GET PRO GET PRO
Working Capital Days GET PRO GET PRO GET PRO GET PRO GET PRO
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Ratios

Current ratio
Debt/equity ratio

Charges on assets

Bank wise
Charges
1

Small Industries Development Bank of India

No. of Loans: 3

Total Amount : 6.8 cr

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Charges

Small Industries Development Bank of India

People

Designation Name DIN/PAN Tenure
Director Amit Khurana
Shareholder
00003626 9 years
Director Mohanan Shankaran Choran 00028024 6 years

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
VIKRAMA ARCHITECTURE AND DESIGN PRIVATE LIMITED
Active
93.0 L 1 Gujarat
SOL KAR INFRASTRUCTURE PRIVATE LIMITED
Active
1.4 Cr 1 Karnataka
MADHAV SOLAR (J) PRIVATE LIMITED
Active
5.0 Cr 1 Gujarat
BADI BAKTARA TOLL PRIVATE LIMITED
Active
1.0 L 2 Gujarat
KHALGHAT MANAWAR TOLL PRIVATE LIMITED
Active
2.9 Cr 1 Gujarat
MSK PROJECTS (I) PRIVATE LIMITED
Active
2.0 L 1 Gujarat
MSK INFRASTRUCTURE AND TOLL BRIDGE PRIVA TE LIMITED
Amalgamated
7.0 L 1 Gujarat
MADHAV INFRA PROJECTS PRIVATE LIMITED
Amalgamated
21.6 L 1 Gujarat
MANSHA TEXTILES PVT LTD
Active
46.4 L 1 Gujarat
INFINITY INFRABUILD LIMITED
Active
10.1 Cr 1 Gujarat
MADHAV URJA PRIVATE LIMITED
Active
50.0 L 1 Gujarat
MADHAV (SEHORA SILODI CORRIDOR) HIGHWAYS PRIVATE LIMITED
Active
27.6 Cr 1 Gujarat
MADHAV VASISTHA HYDRO POWER PRIVATE LIMITED
Active
6.9 Cr 1 Andhra Pradesh
MADHAV INFRA PROJECTS LIMITED
Active
27.0 Cr 1 Gujarat
MADHAV (PHOOLSAGAR NIWAS SHAHPURA CORRIDOR) HIGHWAYS PRIVATE LIMITED
Active
41.6 Cr 1 Gujarat
MADHAV SOLAR (VADODARA ROOFTOP) PRIVATE LIMITED
Active
14.1 Cr 1 Gujarat
MSK HIGHWAYS LIMITED
Amalgamated
7.6 Cr 1 Gujarat
MADHAV INFRACON (VIDISHA KURWAI CORRIDOR) PRIVATE LIMITED
Active
3.0 Cr 1 Gujarat
MADHAV INFRACON (GHANSORE MANDLA CORRIDOR) PRIVATE LIMITED
Active
5.2 Cr 1 Gujarat
MADHAV (AARON SINDH ROAD) PRIVATE LIMITED
Active
9.6 Cr 1 Gujarat
SEABIRD EXPLORATION PRIVATE LIMITED
Active
1.0 L 1 Gujarat
ASH-A RESTAURANTS LLP
Active
1.0 L 1 Gujarat
WAA SOLAR LIMITED
Active
13.3 Cr 1 Gujarat
MADHAV HEIGHTS PRIVATE LIMITED
Active
40.0 L 1 Gujarat
RB REALESTATE PRIVATE LIMITED
Active
25.0 L 1 Gujarat
ZEEL HOSPITALITY PRIVATE LIMITED
Active
10.0 L 1 Gujarat
KRISCON SERVICES PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
MSK INFRASTRUCTURE PRIVATE LIMITED
Active
40.2 L 1 Gujarat
MADHAV INFRACON PRIVATE LIMITED
Active
10.0 L 1 Gujarat

Registered Details

CIN

U93000GJ2016PTC086089

PAN

AAKCM1812H

Incorporation

2016, 8.8 years

Company Email

secretarial@madhavcorp.com

Paid up Capital

₹ 3.0 Cr

Authorised Capital

₹ 3.0 Cr

AGM

31 Jun 2024

Type

Private
Non-government Company

Last Balance Sheet Date
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Mar 2023 Updated on : 29 Apr 2024
* There is the date provided by MCA, but availability for this year is not guaranteed.

FAQ - MI SOLAR (INDIA) PRIVATE LIMITED

What is the incorporation date of MI SOLAR (INDIA) PRIVATE LIMITED?

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The incorporation date of MI SOLAR (INDIA) PRIVATE LIMITED is 15 February, 2016

What is the authorized share capital of MI SOLAR (INDIA) PRIVATE LIMITED?

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The authorized share capital of MI SOLAR (INDIA) PRIVATE LIMITED is INR ₹ 3.0 Cr.

What is the paid-up capital of MI SOLAR (INDIA) PRIVATE LIMITED?

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The paid-up capital of MI SOLAR (INDIA) PRIVATE LIMITED is INR ₹ 3.0 Cr.

What is the registered address of MI SOLAR (INDIA) PRIVATE LIMITED?

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The registered address of MI SOLAR (INDIA) PRIVATE LIMITED is Madhav House, Near Pancharatna Building Subhanpura Vadodara Vadodara Gujarat - 390023

What is the CIN number of MI SOLAR (INDIA) PRIVATE LIMITED?

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The CIN number of MI SOLAR (INDIA) PRIVATE LIMITED is U93000GJ2016PTC086089.

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