
About Aartech Solonics Limited
Data last updated:
Aartech Solonics Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 24 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L31200MP1982PLC002030. Its GSTIN is 23AACCA5369B1Z4 (Madhya Pradesh). The company holds 2 GST registrations, all of them active. Its shares are listed on BSE: 542580.
The company has an authorised share capital of ₹25 Cr and a paid-up capital of ₹15.89 Cr. It was formerly known as Aartech Solonics Private Limited. It is led by directors including Amit Anil Raje (Managing Director) and Prashant Dattatray Lowlekar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at E – 2/57 Ashirvad Arera Colony, Bhopal, Madhya Pradesh, India – 462016.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹40.88 Cr, a growth of 12.5% compared to the previous year. For the same year it recorded a net profit of ₹4.04 Cr (net margin 9.9%) and EBITDA of ₹6.13 Cr (EBITDA margin 15%). The net worth stands at ₹35.11 Cr (up 11.6% YoY). Total assets are valued at ₹41.34 Cr (up 9.9% YoY).
The company has about 60 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 2 brands: Kranking and Aartech Solonics. As per MCA filings, the company has open charges of ₹7.8 Cr and satisfied charges of ₹10.33 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aartechsolonics.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressE – 2/57 Ashirvad Arera Colony, Bhopal, Madhya Pradesh, India – 462016
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
CIN History of Aartech Solonics Limited
Aartech Solonics has one previous CIN (Corporate Identification Number): U31200MP1982PLC002030. The current CIN is L31200MP1982PLC002030, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31200MP1982PLC002030 | Current |
| U31200MP1982PLC002030 | Previous |
Associated Brands with Aartech Solonics Limited
Aartech Solonics operates two associated brands: Kranking and Aartech Solonics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ultracapacitors provide long-term solutions for engine cranking in defence and commercial vehicles. | kranking.in | |
| Developer of power transmission and distribution based projects | aartechsolonics.com |
Competitors & Alternatives of Aartech Solonics Limited
Brands and companies operating in the same space as Aartech Solonics Limited include Power Roll, Maxwell Technologies, Ioxus and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Perovskite solar films and capacitors are developed using microgroove technology. | Seaham, United Kingdom | 2012 |
| | Ultracapacitor-based energy storage and power delivery solutions are provided. | San Diego, United States | 1965 |
| | Manufacturer of ultracapacitor cell and module | Oneonta, United States | 2007 |
| | Nanotechnology-based battery solutions using peptide nanotubes are provided. | Ness Ziona, Israel | 2016 |
| | Super-capacitor devices are developed with low-cost materials and aqueous electrolytes. | Ann Arbor, United States | 2007 |
| | Capacitors are manufactured for power factor improvement and defense applications. | Sangli, India | 1994 |
| | Super-capacitors and Lithium-ion capacitors are manufactured for energy storage applications. | 1999 | |
| | Developer of ultracapacitors for energy storage solutions | 2000 | |
| | Supercapacitors are manufactured using metal oxide-based prototypes by C2C Newcap. | Odivelas, Portugal | 2014 |
Business Activity of Aartech Solonics Limited
The main business activity of Aartech Solonics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Aartech Solonics Limited
Aartech Solonics Limited is audited by S. Ramanand Aiyer & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. Ramanand Aiyer & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aartech Solonics Limited
Aartech Solonics has 6 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashant Dattatray Lowlekar | Director | 27 Feb 2018 | 8 Years 7 Months | Current |
| Anil Anant Raje | Director | 24 Aug 1982 | 44 Years 1 Months | Current |
| Amit Anil Raje | Managing Director | 01 Apr 2007 | 19 Years 6 Months | Current |
| Kshitij Negi | Director | 08 Feb 2021 | 5 Years 7 Months | Current |
| Arati Nath Also directs: Aic- Aartech Solonics Private Limited, Faradigm Ultracapacitors Private Limited, Umangshridhar Designs Private Limited and 1 more | Director | 12 May 2020 | 6 Years 4 Months | Current |
| Supriya Sunil Chitre Also directs: Bluecape Business Solutions LLP | Director | 23 Mar 2023 | 3 Years 6 Months | Current |
Financials of Aartech Solonics Limited FY 2025-26 filings available
Aartech Solonics Limited reported revenue of ₹40.88 Cr (up 12.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 40.88 | 36.35 | 32.74 | 21.69 | 16.34 | 10.96 | 10.10 |
| Revenue growth | +12.5% | +11.0% | +51.0% | +32.7% | +49.1% | +8.5% | - |
| EBITDA | 6.13 | (0.21) | 0.46 | 0.63 | 2.53 | 0.50 | (0.03) |
| EBITDA margin | +15.0% | -0.6% | +1.4% | +2.9% | +15.5% | +4.6% | -0.3% |
| Profit before tax | 6.17 | 1.74 | 2.57 | 2.04 | 3.43 | 0.46 | (0.05) |
| Net profit | 4.04 | 2.52 | 0.46 | 1.35 | 1.70 | 0.01 | (0.30) |
| Net profit margin | +9.9% | +6.9% | +1.4% | +6.2% | +10.4% | +0.1% | -3.0% |
| EPS (₹) | 1.25 | 0.87 | 1.24 | 1.34 | 2.64 | 0.37 | (0.28) |
| Balance sheet | |||||||
| Total assets | 41.34 | 37.62 | 33.98 | 31.87 | 28.51 | 26.30 | 27.29 |
| Net worth | 35.11 | 31.46 | 29.53 | 28.87 | 27.38 | 25.00 | 24.72 |
| Total debt | 5.62 | 5.64 | 4.15 | 2.69 | 0.65 | 1.11 | 2.36 |
| Cash & bank | 3.45 | 2.35 | 2.34 | 1.37 | 1.20 | 1.05 | 0.77 |
| Net working capital | 24.33 | 17.22 | 14.09 | 14.89 | 8.93 | 8.85 | 7.71 |
| Cash flow | |||||||
| Cash from operations | (0.75) | (1.55) | 1.49 | (4.82) | 1.66 | (1.61) | 1.27 |
| Cash from investing | 2.75 | 1.28 | (0.93) | 3.84 | (1.27) | 2.28 | (4.23) |
| Cash from financing | (0.90) | 0.28 | 0.40 | 1.17 | (0.23) | (0.39) | (0.48) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.29 | 17.46 | 7.38 | 11.70 | 4.34 | 10.55 | 9.78 | 9.41 |
| Revenue growth (YoY) | +68.0% | +65.5% | -24.5% | +24.3% | -34.3% | - | - | - |
| Other income | 1.64 | 0.52 | 0.30 | 0.35 | 1.40 | (0.69) | 0.63 | 0.98 |
| EBITDA | 0.90 | 1.44 | 1.13 | 2.39 | (0.08) | (1.99) | 1.08 | 1.01 |
| EBITDA margin | +12.3% | +8.2% | +15.3% | +20.4% | -1.8% | -18.9% | +11.0% | +10.7% |
| Depreciation | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.11 | 0.13 | 0.14 |
| Interest | 0.21 | 0.22 | 0.15 | 0.17 | 0.21 | 0.11 | 0.13 | 0.18 |
| Profit before tax | 2.20 | 1.61 | 1.15 | 2.44 | 0.98 | (2.90) | 1.45 | 1.67 |
| Tax | 0.64 | 1.02 | 0.57 | 0.29 | 0.34 | (1.27) | (0.38) | 0.16 |
| Net profit | 1.56 | 0.59 | 0.58 | 2.15 | 0.64 | (1.63) | 1.83 | 1.51 |
| EPS (₹) | 0.49 | 0.19 | 0.18 | 0.68 | 0.30 | (0.51) | 0.58 | 0.47 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 40.18 | 35.70 | 32.69 | 21.65 | 16.36 | 10.93 | 10.04 |
| Revenue growth | +12.6% | +9.2% | +51.0% | +32.3% | +49.7% | +8.9% | - |
| EBITDA | 5.00 | (0.95) | 0.39 | 0.31 | 0.30 | 0.48 | 0.26 |
| EBITDA margin | +12.4% | -2.7% | +1.2% | +1.4% | +1.8% | +4.4% | +2.6% |
| Profit before tax | 5.55 | 1.46 | 2.75 | 2.00 | 1.72 | 1.01 | 0.72 |
| Net profit | 3.50 | 1.80 | 0.63 | 1.33 | 0.31 | 0.51 | 0.39 |
| Net profit margin | +8.7% | +5.0% | +1.9% | +6.1% | +1.9% | +4.7% | +3.9% |
| EPS (₹) | 1.10 | 0.64 | 1.36 | 1.30 | 1.34 | 1.19 | 0.84 |
| Balance sheet | |||||||
| Total assets | 41.67 | 38.41 | 35.63 | 33.32 | 29.84 | 28.77 | 28.79 |
| Net worth | 35.53 | 32.43 | 31.19 | 30.29 | 28.97 | 27.90 | 27.06 |
| Total debt | 5.62 | 5.64 | 4.20 | 2.78 | 0.65 | 0.88 | 1.74 |
| Cash & bank | 3.28 | 1.69 | 2.26 | 1.32 | 1.05 | 0.99 | 0.76 |
| Net working capital | 22.50 | 13.58 | 12.76 | 14.27 | 6.99 | 8.28 | 7.09 |
| Cash flow | |||||||
| Cash from operations | (2.81) | (1.94) | 2.63 | (6.79) | 0.95 | (1.70) | 1.52 |
| Cash from investing | 5.31 | 1.13 | (2.26) | 5.64 | (0.54) | 1.93 | (4.91) |
| Cash from financing | (0.90) | 0.23 | 0.57 | 1.26 | (0.35) | 0.00 | 0.00 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.29 | 10.13 | 7.38 | 11.00 | 4.33 | 10.13 | 9.55 | 9.41 |
| Revenue growth (YoY) | +68.4% | 0.0% | -22.7% | +16.9% | -34.5% | - | - | - |
| Other income | 1.66 | (0.56) | 0.37 | 0.31 | 1.51 | (0.56) | 0.74 | 1.03 |
| Total expenses | 6.90 | 12.71 | 6.29 | 9.43 | 4.38 | 12.71 | 8.63 | 8.41 |
| EBITDA | 0.39 | (2.58) | 1.09 | 1.57 | (0.05) | (2.58) | 0.92 | 1.00 |
| EBITDA margin | +5.3% | -25.5% | +14.8% | +14.3% | -1.2% | -25.5% | +9.6% | +10.6% |
| Depreciation | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Interest | 0.21 | 0.14 | 0.15 | 0.16 | 0.21 | 0.14 | 0.15 | 0.13 |
| Profit before tax | 1.74 | (3.38) | 1.21 | 1.62 | 1.15 | (3.38) | 1.41 | 1.80 |
| Tax | 0.54 | (0.88) | 0.58 | 0.19 | 0.41 | (0.88) | (0.39) | 0.18 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.29 | 17.46 | 7.38 | 11.70 | 4.34 | 10.55 | 9.78 | 9.41 |
| Revenue growth (YoY) | +68.0% | +65.5% | -24.5% | +24.3% | -34.3% | - | - | - |
| Other income | 1.64 | 0.52 | 0.30 | 0.35 | 1.40 | (0.69) | 0.63 | 0.98 |
| EBITDA | 0.90 | 1.44 | 1.13 | 2.39 | (0.08) | (1.99) | 1.08 | 1.01 |
| EBITDA margin | +12.3% | +8.2% | +15.3% | +20.4% | -1.8% | -18.9% | +11.0% | +10.7% |
| Depreciation | 0.13 | 0.13 | 0.13 | 0.13 | 0.13 | 0.11 | 0.13 | 0.14 |
| Interest | 0.21 | 0.22 | 0.15 | 0.17 | 0.21 | 0.11 | 0.13 | 0.18 |
| Profit before tax | 2.20 | 1.61 | 1.15 | 2.44 | 0.98 | (2.90) | 1.45 | 1.67 |
| Tax | 0.64 | 1.02 | 0.57 | 0.29 | 0.34 | (1.27) | (0.38) | 0.16 |
| Net profit | 1.56 | 0.59 | 0.58 | 2.15 | 0.64 | (1.63) | 1.83 | 1.51 |
| EPS (₹) | 0.49 | 0.19 | 0.18 | 0.68 | 0.30 | (0.51) | 0.58 | 0.47 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.88 | 36.35 | 32.74 | 21.69 | 16.34 | 10.96 | 10.10 |
| Revenue growth | +12.5% | +11.0% | +51.0% | +32.7% | +49.1% | +8.5% | - |
| Other income | 1.31 | 3.00 | 3.15 | 2.13 | 1.45 | 0.58 | 0.49 |
| Total expenses | 34.75 | 36.56 | 32.28 | 21.06 | 13.81 | 10.46 | 10.13 |
| Employee cost | 0.00 | 4.73 | 4.43 | 3.94 | 2.36 | 2.33 | 2.67 |
| EBITDA | 6.13 | (0.21) | 0.46 | 0.63 | 2.53 | 0.50 | (0.03) |
| EBITDA margin | +15.0% | -0.6% | +1.4% | +2.9% | +15.5% | +4.6% | -0.3% |
| Depreciation | 0.52 | 0.50 | 0.47 | 0.44 | 0.34 | 0.38 | 0.30 |
| Interest | 0.75 | 0.55 | 0.57 | 0.28 | 0.21 | 0.24 | 0.21 |
| Profit before tax | 6.17 | 1.74 | 2.57 | 2.04 | 3.43 | 0.46 | (0.05) |
| Tax | 2.21 | (1.03) | 1.27 | 0.62 | 0.62 | 0.21 | 0.16 |
| Net profit | 4.04 | 2.52 | 0.46 | 1.35 | 1.70 | 0.01 | (0.30) |
| Net profit margin | +9.9% | +6.9% | +1.4% | +6.2% | +10.4% | +0.1% | -3.0% |
| EPS (₹) | 1.25 | 0.87 | 1.24 | 1.34 | 2.64 | 0.37 | (0.28) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.89 | 15.89 | 10.59 | 10.59 | 10.59 | 7.06 | 7.06 |
| Reserves & surplus | 19.22 | 15.57 | 18.94 | 18.28 | 16.79 | 17.94 | 17.66 |
| Shareholders' funds (net worth) | 35.11 | 31.46 | 29.53 | 28.87 | 27.38 | 25.00 | 24.72 |
| Minority interest | (0.04) | 0.04 | 0.00 | (0.01) | 0.00 | (0.07) | (0.06) |
| Secured loans | 5.60 | 5.58 | 4.11 | 2.66 | 0.65 | 1.11 | 0.62 |
| Unsecured loans | 0.02 | 0.06 | 0.04 | 0.03 | 0.00 | 0.00 | 1.74 |
| Total debt | 5.62 | 5.64 | 4.15 | 2.69 | 0.65 | 1.11 | 2.36 |
| Total liabilities | 41.34 | 37.62 | 33.98 | 31.87 | 28.51 | 26.30 | 27.29 |
| Assets | |||||||
| Gross block | 6.30 | 6.25 | 5.88 | 5.32 | 8.30 | 8.02 | 7.91 |
| Net block | 4.96 | 5.05 | 5.08 | 4.90 | 5.10 | 5.00 | 5.27 |
| Capital work in progress | 0.15 | 0.05 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.62 | 12.69 | 14.00 | 10.60 | 8.13 | 6.62 | 8.47 |
| Inventories | 10.83 | 10.80 | 7.74 | 5.13 | 2.76 | 2.17 | 2.90 |
| Sundry debtors | 16.36 | 5.89 | 9.48 | 10.56 | 7.18 | 6.39 | 4.65 |
| Cash & bank balances | 3.45 | 2.35 | 2.34 | 1.37 | 1.20 | 1.05 | 0.77 |
| Loans & advances | 2.98 | 3.36 | 1.51 | 2.63 | 1.18 | 1.46 | 1.88 |
| Total current assets | 33.62 | 22.40 | 21.07 | 19.69 | 12.32 | 11.07 | 10.20 |
| Total current liabilities | 9.29 | 5.18 | 6.98 | 4.80 | 3.39 | 2.22 | 2.49 |
| Net working capital | 24.33 | 17.22 | 14.09 | 14.89 | 8.93 | 8.85 | 7.71 |
| Total assets | 41.34 | 37.62 | 33.98 | 31.87 | 28.51 | 26.30 | 27.29 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 2.35 | 2.34 | 1.37 | 1.18 | 1.05 | 0.77 | 4.20 |
| Net cash from operating activities | (0.75) | (1.55) | 1.49 | (4.82) | 1.66 | (1.61) | 1.27 |
| Net cash from investing activities | 2.75 | 1.28 | (0.93) | 3.84 | (1.27) | 2.28 | (4.23) |
| Net cash from financing activities | (0.90) | 0.28 | 0.40 | 1.17 | (0.23) | (0.39) | (0.48) |
| Net change in cash | 1.10 | 0.01 | 0.97 | 0.19 | 0.16 | 0.28 | (3.43) |
| Closing cash | 3.45 | 2.35 | 2.34 | 1.37 | 1.20 | 1.05 | 0.77 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.5% | +11.0% | +51.0% | +32.7% | +49.1% | +8.5% | - |
| EBITDA growth | +3019.1% | -145.7% | -27.0% | -75.1% | +406.0% | +1766.7% | - |
| PBT growth | +254.6% | -32.3% | +26.0% | -40.5% | +645.7% | +9998.0% | - |
| Net income growth | +60.3% | +447.8% | -65.9% | -20.6% | - | +103.3% | - |
| Revenue CAGR (3Y) | +23.5% | +30.5% | +44.0% | +29.0% | +5.2% | +3.5% | - |
| EBITDA CAGR (3Y) | +113.5% | - | -2.7% | - | +97.2% | +52.9% | - |
| Profitability & leverage | |||||||
| Net income margin | +9.7% | +7.6% | +4.0% | +6.6% | +17.2% | +2.3% | -2.1% |
| Return on capital employed | - | +5.6% | +4.8% | +7.7% | +8.3% | +1.0% | -0.2% |
| Return on net worth | - | +8.2% | +1.6% | +5.1% | +6.5% | +0.1% | -1.1% |
| Debt / equity | - | 0.16 | 0.12 | 0.06 | 0.03 | 0.07 | 0.07 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.03 |
| Interest cover | 13.37 | -77.46 | -5,700.00 | 147.37 | 9.59 | 200.00 | -63.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 5.99 | 5.85 | 3.19 | 2.00 | 1.38 | 1.24 |
| Inventory turnover | - | 3.92 | 5.09 | 5.50 | 6.63 | 4.32 | 3.71 |
| Debtors turnover | - | 4.73 | 3.27 | 2.45 | 2.41 | 1.99 | 2.08 |
| EPS (₹) | 1.25 | 0.87 | 1.24 | 1.34 | 2.64 | 0.37 | (0.28) |
| Dividend per share (₹) | 0.00 | 0.13 | 0.00 | 0.00 | 0.50 | 0.50 | 0.00 |
| Book value per share (₹) | 0.00 | 9.90 | 27.89 | 27.26 | 25.85 | 35.41 | 35.02 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 7.29 | 10.13 | 7.38 | 11.00 | 4.33 | 10.13 | 9.55 | 9.41 |
| Revenue growth (YoY) | +68.4% | 0.0% | -22.7% | +16.9% | -34.5% | - | - | - |
| Other income | 1.66 | (0.56) | 0.37 | 0.31 | 1.51 | (0.56) | 0.74 | 1.03 |
| Total expenses | 6.90 | 12.71 | 6.29 | 9.43 | 4.38 | 12.71 | 8.63 | 8.41 |
| EBITDA | 0.39 | (2.58) | 1.09 | 1.57 | (0.05) | (2.58) | 0.92 | 1.00 |
| EBITDA margin | +5.3% | -25.5% | +14.8% | +14.3% | -1.2% | -25.5% | +9.6% | +10.6% |
| Depreciation | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 | 0.10 |
| Interest | 0.21 | 0.14 | 0.15 | 0.16 | 0.21 | 0.14 | 0.15 | 0.13 |
| Profit before tax | 1.74 | (3.38) | 1.21 | 1.62 | 1.15 | (3.38) | 1.41 | 1.80 |
| Tax | 0.54 | (0.88) | 0.58 | 0.19 | 0.41 | (0.88) | (0.39) | 0.18 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 40.18 | 35.70 | 32.69 | 21.65 | 16.36 | 10.93 | 10.04 |
| Revenue growth | +12.6% | +9.2% | +51.0% | +32.3% | +49.7% | +8.9% | - |
| Other income | 1.68 | 3.34 | 3.27 | 2.29 | 1.82 | 0.94 | 0.78 |
| Total expenses | 35.18 | 36.65 | 32.30 | 21.34 | 16.06 | 10.45 | 9.78 |
| Employee cost | 0.00 | 4.55 | 4.16 | 3.70 | 2.30 | 2.31 | 2.51 |
| EBITDA | 5.00 | (0.95) | 0.39 | 0.31 | 0.30 | 0.48 | 0.26 |
| EBITDA margin | +12.4% | -2.7% | +1.2% | +1.4% | +1.8% | +4.4% | +2.6% |
| Depreciation | 0.40 | 0.39 | 0.35 | 0.32 | 0.20 | 0.21 | 0.19 |
| Interest | 0.73 | 0.54 | 0.56 | 0.28 | 0.20 | 0.20 | 0.13 |
| Profit before tax | 5.55 | 1.46 | 2.75 | 2.00 | 1.72 | 1.01 | 0.72 |
| Tax | 2.05 | (0.60) | 1.31 | 0.62 | 0.31 | 0.18 | 0.13 |
| Net profit | 3.50 | 1.80 | 0.63 | 1.33 | 0.31 | 0.51 | 0.39 |
| Net profit margin | +8.7% | +5.0% | +1.9% | +6.1% | +1.9% | +4.7% | +3.9% |
| EPS (₹) | 1.10 | 0.64 | 1.36 | 1.30 | 1.34 | 1.19 | 0.84 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 15.89 | 15.89 | 10.59 | 10.59 | 10.59 | 7.06 | 7.06 |
| Reserves & surplus | 19.64 | 16.54 | 20.60 | 19.70 | 18.38 | 20.84 | 20.00 |
| Shareholders' funds (net worth) | 35.53 | 32.43 | 31.19 | 30.29 | 28.97 | 27.90 | 27.06 |
| Secured loans | 5.60 | 5.58 | 4.11 | 2.66 | 0.65 | 0.88 | 0.00 |
| Unsecured loans | 0.02 | 0.06 | 0.09 | 0.12 | 0.00 | 0.00 | 1.74 |
| Total debt | 5.62 | 5.64 | 4.20 | 2.78 | 0.65 | 0.88 | 1.74 |
| Total liabilities | 41.67 | 38.41 | 35.63 | 33.32 | 29.84 | 28.77 | 28.79 |
| Assets | |||||||
| Gross block | 4.85 | 4.87 | 4.51 | 3.96 | 6.45 | 6.18 | 6.06 |
| Net block | 3.98 | 4.02 | 3.95 | 3.67 | 3.74 | 3.51 | 3.60 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 9.16 | 12.35 | 13.70 | 13.91 | 12.59 | 10.69 | 9.07 |
| Inventories | 9.49 | 9.67 | 6.82 | 4.48 | 2.45 | 2.03 | 2.83 |
| Sundry debtors | 16.31 | 5.84 | 9.43 | 10.60 | 7.08 | 6.35 | 4.54 |
| Cash & bank balances | 3.28 | 1.69 | 2.26 | 1.32 | 1.05 | 0.99 | 0.76 |
| Loans & advances | 2.52 | 1.54 | 1.26 | 3.17 | 1.39 | 1.19 | 1.35 |
| Total current assets | 31.60 | 18.74 | 19.77 | 19.57 | 11.97 | 10.56 | 9.48 |
| Total current liabilities | 9.10 | 5.16 | 7.01 | 5.30 | 4.98 | 2.28 | 2.39 |
| Net working capital | 22.50 | 13.58 | 12.76 | 14.27 | 6.99 | 8.28 | 7.09 |
| Total assets | 41.67 | 38.41 | 35.63 | 33.32 | 29.84 | 28.77 | 28.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.69 | 2.26 | 1.32 | 1.22 | 0.99 | 0.76 | 4.15 |
| Net cash from operating activities | (2.81) | (1.94) | 2.63 | (6.79) | 0.95 | (1.70) | 1.52 |
| Net cash from investing activities | 5.31 | 1.13 | (2.26) | 5.64 | (0.54) | 1.93 | (4.91) |
| Net cash from financing activities | (0.90) | 0.23 | 0.57 | 1.26 | (0.35) | 0.00 | 0.00 |
| Net change in cash | 1.60 | (0.57) | 0.94 | 0.10 | 0.05 | 0.23 | (3.39) |
| Closing cash | 3.28 | 1.69 | 2.26 | 1.32 | 1.05 | 0.99 | 0.76 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +12.6% | +9.2% | +51.0% | +32.3% | +49.7% | +8.9% | - |
| EBITDA growth | +626.3% | -343.6% | +25.8% | +3.3% | -37.5% | +84.6% | - |
| PBT growth | +280.1% | -46.9% | +37.5% | +16.3% | +70.3% | +40.3% | -66.2% |
| Net income growth | +94.4% | +185.7% | -52.6% | +329.0% | -39.2% | +30.8% | - |
| Revenue CAGR (3Y) | +22.9% | +29.7% | +44.1% | +29.2% | +3.9% | -1.1% | -7.6% |
| EBITDA CAGR (3Y) | +152.7% | - | -6.7% | +6.0% | -36.7% | -21.7% | +105.4% |
| Profitability & leverage | |||||||
| Net income margin | +8.7% | +5.8% | +4.4% | +6.4% | +8.6% | +7.6% | +5.9% |
| Return on capital employed | - | +4.5% | +5.3% | +7.2% | +2.0% | +2.9% | +2.2% |
| Return on net worth | - | +5.6% | +2.1% | +4.7% | +1.1% | +1.9% | +1.5% |
| Debt / equity | - | 0.15 | 0.11 | 0.06 | 0.03 | 0.05 | 0.03 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 15.87 | -40.30 | 1,400.00 | -2,800.00 | 200.00 | 74.07 | 185.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 7.61 | 7.72 | 4.16 | 2.59 | 1.79 | 1.58 |
| Inventory turnover | - | 4.33 | 5.79 | 6.25 | 7.30 | 4.50 | 3.85 |
| Debtors turnover | - | 4.68 | 3.26 | 2.45 | 2.44 | 2.01 | 2.10 |
| EPS (₹) | 1.10 | 0.64 | 1.36 | 1.30 | 1.34 | 1.19 | 0.84 |
| Dividend per share (₹) | 0.00 | 0.13 | 0.00 | 0.00 | 0.50 | 0.50 | 0.00 |
| Book value per share (₹) | 0.00 | 10.21 | 29.45 | 28.60 | 27.35 | 39.51 | 38.32 |
Shareholding Pattern of Aartech Solonics Limited
Shareholding for the quarter ended Sep 2026: promoters hold 52.80%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 47.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 52.80% | 52.80% | 52.80% | 52.70% |
| Public | 47.20% | 47.20% | 47.20% | 47.30% |
Group Structure of Aartech Solonics Limited
Aartech Solonics has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Aic- Aartech Solonics Private Limited | U74999MP2017PTC043330 | - |
| Faradigm Ultracapacitors Private Limited | U74999MP2017PTC043840 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Aartech Solonics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Nov 2016 | Hdfc Bank Limited | ₹6.8 Cr | Open |
| 25 Nov 2016 | Hdfc Bank Limited | ₹1 Cr | Open |
| 03 Mar 2015 | Axis Bank Limited | ₹3.1 Cr | Satisfied |
| 02 May 2006 | Dena Bank | ₹6.05 Cr | Satisfied |
| 18 Feb 2005 | M. P. Financial Corporation | ₹8 Lakh | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Aartech Solonics Limited
Aartech Solonics Limited has a workforce of 60 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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GST Compliance of Aartech Solonics Limited
Aartech Solonics has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCA5369B1Z4 | Madhya Pradesh | Active | 01 Jul 2017 |
| 02AACCA5369B1Z8 | Himachal Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
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Credit Ratings, Litigation & Regulatory Alerts for Aartech Solonics Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
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MSME Payment Delays by Aartech Solonics Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
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Subsidiaries & Group Companies of Aartech Solonics Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
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MCA Filings & Documents of Aartech Solonics Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
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Recent Activity on Aartech Solonics Limited
Recent News on Aartech Solonics Limited
Frequently Asked Questions about Aartech Solonics Limited
Aartech Solonics is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 24 August 1982 (44+ years old) and is registered under CIN L31200MP1982PLC002030. Listed on BSE: 542580.
Aartech Solonics reported revenue of ₹40.88 Cr for FY 2025-26 (up 12.5% YoY) based on consolidated financials.
Aartech Solonics has 6 current directors:
- Amit Anil Raje - Managing Director
- Prashant Dattatray Lowlekar - Director
- Anil Anant Raje - Director
- Kshitij Negi - Director
- Arati Nath - Director
- Supriya Sunil Chitre - Director
The GSTIN of Aartech Solonics is 23AACCA5369B1Z4, registered in Madhya Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 02AACCA5369B1Z8 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Aartech Solonics is L31200MP1982PLC002030. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Aartech Solonics is listed on BSE with code 542580.
Aartech Solonics was incorporated on 24 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Gwalior.
Aartech Solonics can be reached through the website aartechsolonics.com. Its registered office is in Bhopal, Madhya Pradesh, India.
The registered office of Aartech Solonics is at E – 257 Ashirvad Arera Colony, Bhopal, Madhya Pradesh, India – 462016.