Tata Power Solar Systems Limited

Manufactures solar cells and modules, provides EPC services for solar projects, and designs solar products.

1989 | Mumbai, Maharashtra (India) | Active
Last Updated: July 11, 2024

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

Executive Team (3)

NameDesignationAppointment DateStatus
Mahesh Paranjpe Country flag representing InCEO13-Jun-2023Current
Santosh RamanathanCompany Secretary01-Nov-2022Current
Bipin Kulkarni Country flag representing InCFO14-Oct-2022Current

Board Members (8)

NameDesignationAppointment DateStatus
Seethapathy Chander Country flag representing In Director 30-Mar-2015Current
Sanjay Bhandarkar Country flag representing In Director 16-Jan-2023Current
Praveer Sinha Country flag representing In Director 04-May-2018Current
Aditi Raja Country flag representing In Director 01-Apr-2021Current
Sanjeev Churiwala Country flag representing In Director 13-Jun-2022Current
Rajeev Sharma Country flag representing In Director 06-Oct-2021Current

Financial Performance of Tata Power Solar Systems.

Tata Power Solar Systems Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 19.29% decrease. The company also saw a substantial improvement in profitability, with a 38.44% increase in profit. The company's net worth Soared by an impressive increase of 47.32%.

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
-19.29%
Revenue from Operations
-19.17%
Total Assets
-0.67%
Profit or Loss
38.44%
Net Worth
47.32%
EBITDA
31.59%

Charges (Loans)

Open Charges

₹8,460.50 Cr

Satisfied Charges

₹836.68 Cr

Charges Breakdown by Lending Institutions

  • Others : 4924.50 Cr
  • State Bank Of India : 1500.00 Cr
  • Axis Bank Limited : 550.00 Cr
  • Standard Chartered Bank : 525.00 Cr
  • Yes Bank Limited : 500.00 Cr
  • Others : 461.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Jan 2024Sidbi₹12.00 CrOpen
07 Mar 2022Others₹500.00 CrOpen
15 Nov 2021Others₹300.00 CrOpen
25 May 2021Others₹250.00 CrOpen
16 Mar 2021Standard Chartered Bank₹525.00 CrOpen

How Many Employees Work at Tata Power Solar Systems?

Tata Power Solar Systems has a workforce of 1192 employees as of Apr 07, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Tata Power Solar Systems, 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 Tata Power Solar Systems'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 Tata Power Solar Systems

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 380.00 Cr registered on 29 Apr 2019 with Charge ID 100267022 was modified on 14 Mar 2024.

    14 Mar 2024

  • Charges

    A charge with Sidbi amounted to Rs. 12.00 Cr with Charge ID 100860932 was registered on 16 Jan 2024.

    16 Jan 2024

  • Director Appointment

    Deepesh Kiranchandra Nanda was appointed as a Additional Director was appointed as a Additional Director on 20 Dec 2023 & has been associated with this company since 1 year 1 month .

    20 Dec 2023

  • Charges

    A charge registered on 08 Mar 2021 via Charge ID 100431707 with Others was fully satisfied on 05 Dec 2023.

    05 Dec 2023

  • Charges

    A charge registered on 12 Nov 2020 via Charge ID 100397436 with Others was fully satisfied on 05 Dec 2023.

    05 Dec 2023

  • Annual General Meeting

    Tata Power Solar Systems Limited last Annual general meeting of members was held on 13 Jul 2023 as per latest MCA records.

    13 Jul 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Tata Power Solar Systems Limited was incorporated on 27 Nov 1989.

  • The authorized share capital of Tata Power Solar Systems Limited is ₹ 250.00 Cr and paid-up capital is ₹ 229.78 Cr.

  • Currently 11 directors are associated with Tata Power Solar Systems Limited.

    • Aditi Raja
    • Sanjeev Churiwala
    • Rajeev Sharma
    • Sanjay Vijay Bhandarkar
    • Praveer Sinha
    • Seethapathy Chander
    • Deepesh Kiranchandra Nanda
    • Edward Winter
    • Mahesh Dinkar Paranjpe
    • Santosh Chandrasekhar Ramanathan
    • Bipin Narayan Kulkarni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Tata Power Solar Systems Limited is C/O The Tata Power Company Limited Corporate, Center B 34 Sant Tukaram Road Carnac Bunder, Mumbai, Maharashtra, India, 400009.

  • The corporate identification number (CIN) of Tata Power Solar Systems Limited is U40106MH1989PLC330738 and the company number is 330738 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Tata Power Solar Systems Limited is https://www.tatapowersolar.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Tata Power Solar Systems Limited has fallen by -19.29%.

  • As Per 2023 financial reports, 1192 employees are currently employed by Tata Power Solar Systems Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Tata Power Solar Systems Limited has experienced an upsurge of 47.32%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Tata Power Solar Systems Limited amount to ₹ 8,460.50 Cr.

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

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