Benefits

Dashboard

See Price & Plans

Not registered yet? Get a free account.

Solar Energy Corporation Of India Limited
Location
People
Financials
- Financial Highlights
- Balance Sheet
- Profit & Loss
- Ratios
Charges
Network
T. Score
Registered Details

SOLAR ENERGY CORPORATION OF INDIA LIMITED

All Companies ›

Delhi ›

Electricity, Gas & Water ›

Active

Updated: 16 Oct 2025

Solar Energy Corporation Of India Limited, is an unlisted public company incorporated on 20 September, 2011. It is classified as a Government of India company and is located in , . It's authorized share capital is INR 2,000.00 cr and the total paid-up capital is INR 1,354.00 cr.

Solar Energy Corporation Of India Limited's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 36.66% over the previous year. At the same time, it's book networth has increased by 18.32%.

Subscription Plans

Industry and products

Electricity, Gas & Water

CONSULTANCY AND PROJECT MONITORING FEES, Electric power generation, transmission and distribution, SALE OF SOLAR POWER

Company size

Auth Capital

₹ 2,000.0 Cr

Paidup Capital

₹ 1,354.0 Cr

Revenue

₹ >5000 cr

Key Metrics

** All rupee values in INR crores.

Total Revenue

20.91%

₹ GET PRO

EBITDA

36.66%

₹ GET PRO

Net Profit

38.14%

₹ GET PRO

Networth

18.32%

₹ GET PRO

Borrowings

9805.25%

₹ GET PRO

Assets

18.99%

₹ GET PRO

Gross Margin

0.57

GET PRO %

Operating Margin

0.46

GET PRO %

Net Profit Margin

0.41

GET PRO %

Return on Equity

2.23

GET PRO %

ROCE

8.96

GET PRO %

Debt to Equity

0.11

GET PRO

Sales

Mar 2024

Net worth

Mar 2024

Buy Report or Plans

Dashboards

Popular Plan

Company dashboard

₹ 449
- Five year financials and ratios
- Risk analysis
- Interactive charts

Buy credits

View subscriptions

MCA Fillings

All financials

₹ 349
- All financials
- All annual returns
- MoA and AoA
1 Year

₹ 249
- Latest financials
- Latest annual return
- MoA and AoA

PDF Reports

Financial report

₹ 799
- Five year financials and ratios
- Shareholding and group structure
Financial+Litigation report

₹ 1299
- Everything in financial report
- Litigation report on the company
Due diligence report

₹ 2999
- Everything in financial+litigation report
- Peers and financials

* GST not included

** Reports & MCA filings will be based on the latest available financials.

** Delivery timelines are on best-effort basis during working hours. Filings 3-4 hours. Reports 24-48 hours.

Locations

India (3)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Whole-time Director	Sanjay Sharma Shareholder	08177362	4 years
Nominee Director	Padam Lal Negi	10041387	3 years
Director	Joshit Ranjan Sikidar	10301499	2 years

Financial Highlights

Financials upto March 2024 available in Tofler Pro

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

Financials upto March 2024 available in Tofler Pro

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
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
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

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	354.0	354.0	354.0	1,354.0	1,354.0
Reserves	489.5	740.2	1,983.9	1,360.8	1,882.0
Borrowings +	-	-	-	3.0	248.2
Long term borrowings	-	-	-	3.0	248.2
Short term borrowings	-	-	-	-	-
Trade payables +	425.8	439.2	443.5	444.5	410.3
Days payable	36.0	31.0	23.0	16.0	12.0
Other liabilities +	3,572.2	3,097.6	3,985.4	5,117.1	5,859.8
Other non-current liabilities	410.0	562.8	1,002.8	1,058.5	972.3
Other current liabilities	2,736.4	2,095.6	2,539.1	3,614.0	4,477.2
Total liabilities	4,415.7	4,191.8	6,323.3	7,834.9	9,344.1
Fixed Assets +	104.1	320.1	320.0	537.3	1,180.7
Tangible assets	75.3	303.5	289.9	276.0	967.3
CWIP	28.4	3.2	19.4	253.4	19.9
Intangible assets	0.5	13.4	10.7	7.9	193.5
LT loans and advances	0.5	0.8	0.9	0.8	2.1
Other non-current assets	711.3	758.1	1,267.8	2,208.7	2,966.0
Current assets +	3,599.9	3,112.8	4,734.7	5,088.1	5,195.3
Inventories	-	-	-	-	-
Trade receivables	1,173.5	853.8	972.4	1,739.4	1,758.3
Cash and cash equivalents	1,455.6	1,370.4	1,302.6	1,323.2	1,086.0
ST loans and advances	5.2	7.7	16.5	16.6	30.9
Other current assets	965.6	880.9	2,443.1	2,008.8	2,320.1
Total assets	4,415.7	4,191.8	6,323.3	7,834.9	9,344.1

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	8.02	8.45	5.6	17.28	14.49
Reserves	11.09	17.66	31.37	17.37	20.14
Borrowings +	0.0	0.0	0.0	0.04	2.66
Long term borrowings	0.0	0.0	0.0	0.04	2.66
Short term borrowings	0.0	0.0	0.0	0.0	0.0
Trade payables	9.64	10.48	7.01	5.67	4.39
Other liabilities +	80.9	73.9	63.03	65.31	62.71
Other non-current liabilities	9.29	13.43	15.86	13.51	10.41
Other current liabilities	61.97	49.99	40.15	46.13	47.92
Total liabilities
Fixed Assets +	2.36	7.64	5.06	6.86	12.64
Tangible assets	1.7	7.24	4.58	3.52	10.35
CWIP	0.64	0.08	0.31	3.23	0.21
Intangible assets	0.01	0.32	0.17	0.1	2.07
LT loans and advances	0.01	0.02	0.01	0.01	0.02
Other non-current assets	16.11	18.08	20.05	28.19	31.74
Current assets +	81.52	74.26	74.88	64.94	55.6
Inventories	0.0	0.0	0.0	0.0	0.0
Trade receivables	26.58	20.37	15.38	22.2	18.82
Cash and cash equivalents	32.96	32.69	20.6	16.89	11.62
ST loans and advances	0.12	0.18	0.26	0.21	0.33
Other current assets	21.87	21.01	38.64	25.64	24.83
Total assets

Total assets

Charges on assets

Bank wise

Charges

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 600.0 cr

HDFC Bank Limited

No. of Loans: 1

Total Amount : 555.0 cr

State Bank of India

No. of Loans: 1

Total Amount : 520.0 cr

Axis Bank Limited

No. of Loans: 1

Total Amount : 500.0 cr

Yes Bank Limited

No. of Loans: 1

Total Amount : 500.0 cr

Indian Bank

No. of Loans: 1

Total Amount : 450.0 cr

Punjab National Bank

No. of Loans: 1

Total Amount : 300.0 cr

Charge Holder	Amount	Date of creation/modification
Axis Bank Limited	500.0 cr	09 Jan, 2025
Indian Bank	450.0 cr	31 Dec, 2024
Yes Bank Limited	500.0 cr	23 Dec, 2024
Punjab National Bank	300.0 cr	28 Mar, 2024
Kotak Mahindra Bank Limited	600.0 cr	31 Jan, 2024
HDFC Bank Limited	555.0 cr	11 Aug, 2022
State Bank of India	520.0 cr	16 Jun, 2022

Charges

Kotak Mahindra Bank Limited

HDFC Bank Limited

State Bank of India

Axis Bank Limited

Others

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
RENEWABLE POWER CORPORATION OF KERALA LIMITED	Active	1.0 Cr	1	Kerala
KARNATAKA SOLAR POWER DEVELOPMENT CORPORATION LIMITED	Active	1.0 Cr	1	Karnataka
INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY LIMITED	Active	2,687.8 Cr	1	Delhi
PAWAN HANS LIMITED	Active	557.5 Cr	1
AI AIRPORT SERVICES LIMITED	Active	138.4 Cr	1	Delhi
AI ASSETS HOLDING LIMITED	Active	63,022.6 Cr	1	Delhi
AI ENGINEERING SERVICES LIMITED	Active	166.7 Cr	1	Delhi
REWA ULTRA MEGA SOLAR LIMITED	Active	2.0 Cr	1	Madhya Pradesh

Tofler Score

Poor

Fair

Good

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.

CIN

U40106DL2011GOI225263

PAN

AAQCS8429L

Incorporation

2011, 14.2 years

Company Email

sunil.mehlawat@seci.co.in

Paid up Capital

₹ 1,354.0 Cr

Authorised Capital

₹ 2,000.0 Cr

AGM

Dec 2024

Type

Public

Union Government Company

FAQ - SOLAR ENERGY CORPORATION OF INDIA LIMITED

What is the incorporation date of SOLAR ENERGY CORPORATION OF INDIA LIMITED?

The incorporation date of SOLAR ENERGY CORPORATION OF INDIA LIMITED is 20 September, 2011

What is the authorized share capital of SOLAR ENERGY CORPORATION OF INDIA LIMITED?

The authorized share capital of SOLAR ENERGY CORPORATION OF INDIA LIMITED is INR ₹ 2,000.0 Cr.

What is the paid-up capital of SOLAR ENERGY CORPORATION OF INDIA LIMITED?

The paid-up capital of SOLAR ENERGY CORPORATION OF INDIA LIMITED is INR ₹ 1,354.0 Cr.

What is the registered address of SOLAR ENERGY CORPORATION OF INDIA LIMITED?

The registered address of SOLAR ENERGY CORPORATION OF INDIA LIMITED is 06th Floor, Plate B NBCC Office Block Tower-2, East Kidwai N, agar, South West Delhi, New Delhi, Delhi, India, 110023 - 110023

What is the CIN number of SOLAR ENERGY CORPORATION OF INDIA LIMITED?

The CIN number of SOLAR ENERGY CORPORATION OF INDIA LIMITED is U40106DL2011GOI225263.

Smart Suggestions

Top Blog Post

Tofler, TWS Systems Private Limited and its officers respect the Intellectual Property Rights of all people. Tofler makes no claim of ownership or affiliation with any trademark (REGISTERED OR UNREGISTERED) that forms part of any Company/LLP name listed on this page. Trademarks, if any, listed on this page belong to... Read More

SOLAR ENERGY CORPORATION OF INDIA LIMITED

Leave site?

Buy Dashboard using Credits

Just a Quick Check!

Buy Report or Plans

Dashboards

Company dashboard

Buy credits

View subscriptions

MCA Fillings

All financials

1 Year

PDF Reports

Financial report

Financial+Litigation report

Due diligence report

Choose number of credits to buy

₹ 449 + GST

Locations

Locations on Map

Filter (4)

Select Tags

Choose Location

People

Financial Highlights

Margins

Balance Sheet

Total assets

Charges on assets

Charges

Company Network