Tata Power Solar Systems Profile
Key Indicators
- Authorised Capital ₹ 250.00 Cr
- Paid Up Capital ₹ 229.78 Cr
- Company Age 35 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 8,460.50 Cr
- Satisfied Charges ₹ 836.68 Cr
- Revenue Growth -19.29%
- Profit Growth 38.44%
- Ebitda 31.59%
- Net Worth 47.32%
- Total Assets -0.67%
About Tata Power Solar Systems
Tata Power Solar Systems Limited (TPSSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 November 1989 and has a history of 35 years and three months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Tata Bp Solar India Limited. The Company is engaged in the Energy And Power 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 250.00 Cr and a paid-up capital of Rs 229.78 Cr.
The company currently has active open charges totaling ₹8,460.50 Cr. The company has closed loans amounting to ₹836.68 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Tata Power Solar Systems Limited India are Mahesh Paranjpe as Ceo, Santosh Ramanathan as Company Secretary, and Bipin Kulkarni as Cfo. Aditi Raja, Sanjeev Churiwala, Rajeev Sharma, and Five other members serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
- Apps
Corporate Identity Details
- CIN/LLPIN
U40106MH1989PLC330738
- Company No.
330738
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Nov 1989
- Date of AGM
13 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Energy and Power
What products or services does Tata Power Solar Systems Limited offer?
Tata Power Solar Systems Limited offers a wide range of products and services, including Solar & Renewable Energy Products, Solar Lamps, Solar Panels, TATA Solar Panels, Solar Power Plants, Solar Rooftops, Water Treatment & Purification Plant, Reverse Osmosis Plants, Solar Power Systems, Luminous Solar Panels.
Who are the key members and board of directors at Tata Power Solar Systems?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Paranjpe  | CEO | 13-Jun-2023 | Current |
| Santosh Ramanathan | Company Secretary | 01-Nov-2022 | Current |
| Bipin Kulkarni | CFO | 14-Oct-2022 | Current |
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Seethapathy Chander | Director | 30-Mar-2015 | Current |
| Sanjay Bhandarkar | Director | 16-Jan-2023 | Current |
| Praveer Sinha | Director | 04-May-2018 | Current |
| Aditi Raja | Director | 01-Apr-2021 | Current |
| Sanjeev Churiwala | Director | 13-Jun-2022 | Current |
| Rajeev Sharma | Director | 06-Oct-2021 | Current |
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%.
- 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 Tata Power Solar Systems?
In 2023, Tata Power Solar Systems had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prayagraj Power Generation Company LimitedSanjeev Churiwala is a mutual person
Prolearner Interactives Private LimitedSeethapathy Chander is a mutual person
Tp Central Odisha Distribution LimitedRajeev Sharma and Praveer Sinha are mutual person
Tp Southern Odisha Distribution LimitedAditi Raja and Praveer Sinha are mutual person
Sarda Energy & Minerals LimitedRajeev Sharma is a mutual person
Jsw Energy LimitedRajeev Sharma is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Jan 2024 | Sidbi | ₹12.00 Cr | Open |
| 07 Mar 2022 | Others | ₹500.00 Cr | Open |
| 15 Nov 2021 | Others | ₹300.00 Cr | Open |
| 25 May 2021 | Others | ₹250.00 Cr | Open |
| 16 Mar 2021 | Standard Chartered Bank | ₹525.00 Cr | Open |
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.
Deals i
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
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.
