About Dhanraj Solvex Private Limited
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Dhanraj Solvex Private Limited is a private limited company based in Latur, Maharashtra, India. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 03 January 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC251669. Its GSTIN is 27AAECD9033H1ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹38 Cr and a paid-up capital of ₹30 Cr. It is led by directors Dhanraj Narsinghdas Pallod and Sushma Dhanraj Pallod.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. B 44 To 48 Additional MIDC, Latur, Maharashtra, India – 413531.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,606.53 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹25.12 Cr (net margin 1.6%) and EBITDA of ₹62.93 Cr (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 29% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹281.78 Cr on record. Court records list 12 cases involving the company, including 4 filed by the company and 5 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dhanraj-solvex-pvt-ltd.business.site.
- EmailLocked
- TelephoneLocked
- Social MediaLocked
- Registered AddressPlot No. B 44 To 48 Additional MIDC, Latur, Maharashtra, India – 413531
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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
Business Activity of Dhanraj Solvex Private Limited
The main business activity of Dhanraj Solvex is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products | 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.
Financials of Dhanraj Solvex Private Limited FY 2024 filings available
Dhanraj Solvex Private Limited reported revenue of ₹1,606.53 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Dhanraj Solvex Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 6% growth in the latest year. EBITDA rose 31% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Dhanraj Solvex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹62.93 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25.12 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Dhanraj Solvex Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Dhanraj Solvex are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Dhanraj Solvex Private Limited
Dhanraj Solvex Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Edible Oils, Fertilizers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KN Agri Resources Limited | ₹1,728.7 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Raipur, Chhattisgarh, India |
| Shree Ganesh Edibles Private Limited | ₹1,702.88 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Khanna, Punjab, India |
| Sri Ramana Solvex Private Limited | ₹1,671.54 Cr (FY 2025) | •••• | •••• | -43.0% | •••• | Mahaboobnagar, Telangana, India |
| Rajgor Proteins Limited | ₹1,640.19 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Ahmedabad, Gujarat, India |
| Sresth Products Pvt Ltd | ₹1,636.48 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Kolkata, West Bengal, India |
| Dhanraj Solvex Private Limited this company | ₹1,606.53 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Latur, Maharashtra, India |
| Safex Chemicals ( India) Limited | ₹1,605.82 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Sanjay Soya Private Limited | ₹1,596.13 Cr (FY 2025) | •••• | •••• | 121.0% | •••• | Mumbai, Maharashtra, India |
| Kumar Agro Tech Private Limited | ₹1,583.67 Cr (FY 2025) | •••• | •••• | -24.0% | •••• | Chennai, Tamil Nadu, India |
| Jubilant Agri and Consumer Products Limited | ₹1,562.78 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Gajraula, Uttar Pradesh, India |
| Khandelia Oil and General Mills Private Limited | ₹1,536.32 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | Chandigarh, India |
Peers are the five companies nearest above and the five nearest below Dhanraj Solvex by revenue in the Agriculture industry (Edible Oils, Fertilizers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Dhanraj Solvex Private Limited
Dhanraj Solvex Private Limited is audited by Abhishek Ashok Miniyar & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Abhishek Ashok Miniyar & 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 Dhanraj Solvex Private Limited
Dhanraj Solvex has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dhanraj Narsinghdas Pallod Also directs: AA Alliance Private Limited, AA Liesure Stays Private Limited | Director | 03 Jan 2014 | 12 Years 9 Months | Current |
| Sushma Dhanraj Pallod | Director | 03 Jan 2014 | 12 Years 9 Months | Current |
Ownership and Shareholding of Dhanraj Solvex Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Dhanraj Solvex Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2025 | Others | ₹75 Cr | Open |
| 23 May 2022 | Others | ₹32 Cr | Open |
| 20 Dec 2021 | Others | ₹2.44 Cr | Open |
| 30 Mar 2021 | Others | ₹4.89 Cr | Open |
| 19 Mar 2015 | Others | ₹167.45 Cr | Open |
Total charge records: 5 View all charges
Legal Cases of Dhanraj Solvex Private Limited
Dhanraj Solvex Private Limited has 12 court cases on record: 4 filed by Dhanraj Solvex, 5 filed against it, 3 where it is another party. 5 cases are pending and 7 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 5 | 5 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Extech Process Engineering Limited Liability Partnership | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Extech Process Engineering Limited Liability Partnership | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln. WCA C) | Company is another party | Pending |
| District court, Latur, Maharashtra | Court case (R.C.C.) | Company is another party | Pending |
| District court, Sangli, Maharashtra | Civil suit | Filed against the company by Pranav Trading Company Pro. Pratap Dilip Dilwale | Pending |
Full case history
All 12 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Dhanraj Solvex Private Limited
Dhanraj Solvex Private Limited has a workforce of 29 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Dhanraj Solvex Private Limited
Dhanraj Solvex Private Limited has 4 board changes on record since 2014: 2 appointments and 2 cessations. The latest: Govardhan Narsinghdas Pallod ceased to be Director on 11 Sep 2017.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Dhanraj Solvex Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Dhanraj Solvex Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Dhanraj Solvex Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Dhanraj Solvex Private Limited
Dhanraj Solvex has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECD9033H1ZM | Maharashtra | 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
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Dhanraj Solvex Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Dhanraj Solvex Private Limited
Dhanraj Solvex is an active private limited company based in Latur, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 03 January 2014 (12+ years old) and is registered under CIN U74999MH2014PTC251669.
Dhanraj Solvex reported revenue of ₹1,606.53 Cr for FY 2025 (up 6% YoY).
Dhanraj Solvex has 2 current directors:
- Dhanraj Narsinghdas Pallod - Director
- Sushma Dhanraj Pallod - Director
Dhanraj Solvex reported a net profit of ₹25.12 Cr (net margin 1.6%) and EBITDA of ₹62.93 Cr (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Dhanraj Solvex is 28% over three years and 29% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Dhanraj Solvex is 27AAECD9033H1ZM, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Dhanraj Solvex is U74999MH2014PTC251669. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dhanraj Solvex has 12 court cases on record: 4 filed by the company and 5 filed against it. 5 are pending.
Dhanraj Solvex was incorporated on 03 January 2014, making it 12+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Dhanraj Solvex by revenue are KN Agri Resources Limited, Shree Ganesh Edibles Private Limited, Sri Ramana Solvex Private Limited, Rajgor Proteins Limited, Sresth Products Pvt Ltd and 5 more, all in the Agriculture industry (Edible Oils, Fertilizers).
Govardhan Narsinghdas Pallod ceased to be Director on 11 Sep 2017. Namrata Govardhan Pallod ceased to be Director on 11 Sep 2017. Dhanraj Narsinghdas Pallod was appointed as Director on 03 Jan 2014. Dhanraj Solvex has 4 board changes on record in total.