Access Solar Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.62 Cr
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 14.19 Cr
- Satisfied Charges ₹ 8.70 Cr
- Revenue Growth -66.76%
- Profit Growth -163.10%
- Ebitda -204.21%
- Net Worth -3.20%
- Total Assets -26.41%
About Access Solar
Access Solar Limited (ASL) is a Public Limited Indian Non-Government Company incorporated in India on 30 December 2005 and has a history of 19 years and one month. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.62 Cr.
The company currently has active open charges totaling ₹14.19 Cr. The company has closed loans amounting to ₹8.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satyanaryana Penmetsa, Varalakshmi Penmetsa, Penmetsa Keerthana, and One other member serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U40106TG2005PLC048643
- Company No.
048643
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
30 Dec 2005
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
What products or services does Access Solar Limited offer?
Access Solar Limited offers a wide range of products and services, including Solar Home Light, Solar Home Light Systems, Solar Panels, Solar Module, Solar & Renewable Energy Products, Solar Power Plants, Pumps, Pumping Machines & Spares, Pumping Systems, Industrial Wires, Solar Cable.
Who are the key members and board of directors at Access Solar?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satyanaryana Penmetsa  | Managing Director | 31-Dec-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Penmetsa Keerthana | Director | 11-May-2017 | Current |
| Varalakshmi Penmetsa | Whole-Time Director | 31-Jan-2019 | Current |
| Bhavana Penmetcha | Director | 10-Nov-2021 | Current |
Financial Performance of Access Solar.
Access Solar Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 66.76% decrease. The company also saw a substantial fall in profitability, with a 163.1% decrease in profit. The company's net worth dipped by a decrease of 3.2%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Access Solar?
In 2023, Access Solar had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹14.19 Cr
₹8.70 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 14.19 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 May 2017 | Hdfc Bank Limited | ₹14.19 Cr | Open |
| 17 Oct 2006 | Others | ₹8.70 Cr | Satisfied |
How Many Employees Work at Access Solar?
Access Solar has a workforce of 20 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Access Solar, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Access Solar's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
