Photon Solar Power Private Limited

Renewable energy company specializing in solar power generation.

2009 | Hyderabad, Telangana (India) | Active
Last Updated: July 16, 2024

Photon Solar Power Profile

Key Indicators

  • Authorised Capital ₹ 32.00 Cr
  • Paid Up Capital ₹ 28.34 Cr
  • Company Age 15 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 41.40 Cr
  • Satisfied Charges ₹ 9.50 Cr
  • Revenue Growth 18.82%
  • Profit Growth 121.00%
  • Ebitda 26.88%
  • Net Worth 15.12%
  • Total Assets -2.75%

About Photon Solar Power

Photon Solar Power Private Limited (PSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 July 2009 and has a history of 15 years and seven months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Photon Solar Systems (India) Private Limited. The Company is engaged in the Environment 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 32.00 Cr and a paid-up capital of Rs 28.34 Cr.

The company currently has active open charges totaling ₹41.40 Cr. The company has closed loans amounting to ₹9.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Purushotham Nalamada, Narasimha Vasantha, Gautham Nalamada, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    photonsolar.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40108TG2009PTC064282

  • Company No.

    064282

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Jul 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Environment

Who are the key members and board of directors at Photon Solar Power?

Executive Team (1)

NameDesignationAppointment DateStatus
Purushotham Nalamada Country flag representing In Managing Director08-Jul-2009Current

Board Members (4)

NameDesignationAppointment DateStatus
Narasimha Vasantha Country flag representing In Director 27-Feb-2016Current
Gautham Nalamada Country flag representing In Whole-Time Director 08-Jul-2009Current
Suryadevara Sridhar Country flag representing In Director 27-Feb-2016Current
Reddy Pesaladinne Country flag representing In Director 01-Oct-2020Current

Financial Performance of Photon Solar Power.

Photon Solar Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.82% increase. The company also saw a substantial improvement in profitability, with a 121% increase in profit. The company's net worth Soared by an impressive increase of 15.12%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.82%
Revenue from Operations
18.82%
Total Assets
-2.75%
Profit or Loss
121.00%
Net Worth
15.12%
EBITDA
26.88%

What is the Ownership and Shareholding Structure of Photon Solar Power?

In 2022, Photon Solar Power had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.40 Cr

Satisfied Charges

₹9.50 Cr

Charges Breakdown by Lending Institutions

  • Indian Renewable Energy Development Agency Limited : 25.00 Cr
  • Others : 16.40 Cr

Latest Charge Details

DateLenderAmountStatus
08 Sep 2016Others₹16.40 CrOpen
25 Aug 2014Indian Renewable Energy Development Agency Limited₹25.00 CrOpen
29 Aug 2015Others₹9.50 CrSatisfied

How Many Employees Work at Photon Solar Power?

Unlock and access historical data on people associated with Photon Solar Power, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Photon Solar Power, 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 Photon Solar Power's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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.

Latest Updates, News, and FAQs on Photon Solar Power

Recent activity within the organization

  • Annual General Meeting

    Photon Solar Power Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Photon Solar Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Reddy Venkat Anirudh Pesaladinne was appointed as a Director was appointed as a Director on 01 Oct 2020 & has been associated with this company since 4 years 4 months .

    01 Oct 2020

  • Charges

    A charge registered on 29 Aug 2015 via Charge ID 10591909 with Others was fully satisfied on 14 Oct 2019.

    14 Oct 2019

  • Charges

    A charge with Others amounted to Rs. 16.40 Cr with Charge ID 100048692 was registered on 08 Sep 2016.

    08 Sep 2016

  • Charges

    A charge with Others of Rs. 16.40 Cr registered on 08 Sep 2016 with Charge ID 100048692 was modified on 08 Sep 2016.

    08 Sep 2016

Frequently asked questions

  • Photon Solar Power Private Limited was incorporated on 08 Jul 2009.

  • The authorized share capital of Photon Solar Power Private Limited is ₹ 32.00 Cr and paid-up capital is ₹ 28.34 Cr.

  • Currently 5 directors are associated with Photon Solar Power Private Limited.

    • Purushotham Reddy Nalamada
    • Narasimha Reddy Vasantha
    • Gautham Kumar Nalamada
    • Suryadevara Sridhar
    • Reddy Venkat Anirudh Pesaladinne
  • As per Ministry of Corporate Affairs (Mca), the registered address of Photon Solar Power Private Limited is The Platina Flat No.B909 Bit-Ii/C 9Th Floor Gachibowli Serilingampalli Mandal, Hyderabad, Telangana, India, 500032.

  • The corporate identification number (CIN) of Photon Solar Power Private Limited is U40108TG2009PTC064282 and the company number is 064282 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Photon Solar Power Private Limited is https://www.photonsolar.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Photon Solar Power Private Limited has risen by 18.82%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Photon Solar Power Private Limited has experienced an upsurge of 15.12%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Photon Solar Power Private Limited amount to ₹ 41.40 Cr.

  • The most recent Balance Sheet for Photon Solar Power Private Limited was filed with the ROC on 31 Mar 2023.

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