Solus Security Systems Private Limited

Solus Security Systems Private Limited - business services in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72900MH2006PTC163023 Incorporated 10 July 2006 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company business services MSME · Small
Revenue · FY 2025
₹38.94 Cr
▲ 3% YoY
Net profit · FY 2025
₹2.93 Cr
Net margin 7.5%
EBITDA · FY 2025
₹5.03 Cr
EBITDA margin 12.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹25.03 Cr
Satisfied ₹10.17 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
96
Provident fund records

About Solus Security Systems Private Limited

Data last updated:

Solus Security Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Dormakaba India Private Limited. It operates in the security and surveillance segment of the business services sector. It was incorporated on 10 July 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2006PTC163023. Its GSTIN is 27AAKCS3017L2Z3 (Maharashtra). The company holds 4 GST registrations, of which 3 are active.

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Stephen Alfred Bewick and Natesh Balakrishna.

Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Gala No. 202 Shivam Chambers Next To Sahara S V Road Goregaon (West), Mumbai, Maharashtra, India – 400104.

As per the financials filed for FY 2025, the company reported a revenue of ₹38.94 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹2.93 Cr (net margin 7.5%) and EBITDA of ₹5.03 Cr (EBITDA margin 12.9%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 2% over five years.

The company has about 96 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Solus. As per MCA filings, the company has open charges of ₹25.03 Cr and satisfied charges of ₹10.17 Cr on record. Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 1 deal on record (1 secondary share transfer); the latest was in September 2017. The company has 2 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 3 micro and small suppliers.

Solus Security Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0032906). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solus.co.in.

Company details

CIN U72900MH2006PTC163023
Registration Number 163023
Incorporation Date 10 July 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Parent Company Dormakaba India Private Limited
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0032906
Key People
Stephen Alfred Bewick Director Natesh Balakrishna Director Patrick Arthur Grawehr Director

Recognitions & Rankings of Solus Security Systems

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-KR-03-0032906

Contact details

Solus Security Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is solus.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    solus.co.in
  • Social Media
  • Registered Address
    Gala No. 202 Shivam Chambers Next To Sahara S V Road Goregaon (West), Mumbai, Maharashtra, India – 400104
  • Industry
    Business Services, Security & Surveillance

To see the full contact details of Solus Security Systems Private Limited, buy the company report.

Comprehensive company report
Solus Security Systems Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Solus Security Systems operates one associated brand: Solus. Each brand links to its own profile.

BrandDescriptionWebsite
Solus
Integrated security management platform is offered for access and monitoring.solus.co.in

Business activity

The main business activity of Solus Security Systems is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Solus Security Systems Private Limited, buy the company report.

Financials of Solus Security Systems Private Limited

FY 2024 filings available

Solus Security Systems Private Limited reported revenue of ₹38.94 Cr (up 3% YoY) for FY 2025.

Revenue · FY 2025
₹38.94 Cr ▲ 3%
Net profit · FY 2025
₹2.93 Cr margin 7.5%
EBITDA · FY 2025
₹5.03 Cr margin 12.9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 17%
5 years · compounded
▲ 2%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 3%
5 years · compounded
▼ 10%

Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 3% growth in the latest year. EBITDA rose 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹5.03 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.93 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin12.9%
Net Profit Margin7.5%
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

To see the full financial statements and ratios of Solus Security Systems Private Limited, buy the company report.

Board of directors of Solus Security Systems Private Limited

Solus Security Systems has 5 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Stephen Alfred Bewick
Also directs: Dormakaba India Private Limited
Director26 Jul 20233 Years 3 MonthsCurrent
Natesh Balakrishna
Also directs: Dormakaba India Private Limited
Director15 Jul 20215 Years 3 MonthsCurrent
Patrick Arthur Grawehr
Also directs: Minda Silca Engineering Private Limited, Dormakaba India Private Limited
Director15 Jul 20215 Years 3 MonthsCurrent
Roman Uehli
Also directs: Minda Silca Engineering Private Limited, Dormakaba India Private Limited
Director31 Oct 20224 Years 0 MonthsCurrent
Sridhar Venkatasubramanian
Also directs: Dormakaba India Private Limited
Director17 Feb 20224 Years 8 MonthsCurrent
View all directors

Auditor

Solus Security Systems Private Limited is audited by 7th & 10th Floor, Menon Eternity for the financial year 2023.

Auditor firmFinancial yearFirm registration number
7th & 10th Floor, Menon EternityFY 2023012754N/N500016

Shareholding

The shareholding of Solus Security Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solus Security Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
₹25.03 Cr
Satisfied charges
₹10.17 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹23.92 Cr
The Hongkong and Shanghai Banking Corporation Limited₹1.00 Cr
First Leasing Company of India Limited₹0.11 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Apr 2023100716997The Hongkong and Shanghai Banking Corporation Limited₹1 CrOpen
24 Sep 2019100293362Hdfc Bank Limited₹23.92 CrOpen
02 Mar 201210345929First Leasing Company of India Limited₹11.18 LakhOpen
29 Mar 2017100125774Others₹38.27 LakhSatisfied
10 Feb 2017100106957Hdfc Bank Limited₹4 CrSatisfied

To see the full charge records of Solus Security Systems Private Limited, buy the company report.

Total charge records: 9 View all charges

Deals & funding

Solus Security Systems Private Limited has 1 deal on record (1 secondary share transfer); the latest was in September 2017.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Sep 2017Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Solus Security Systems Private Limited was last rated by Crisil on 09 Apr 2020.

Rating agencyRated onRating
Crisil09 Apr 2020

To see the full credit ratings and regulatory alerts of Solus Security Systems Private Limited, buy the company report.

MSME payment delays

Solus Security Systems Private Limited has 2 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (3 of 3)

SupplierAmount dueDue sinceReported on
I D Tech Solutions Private Limited
an individual supplier
Emt India Associates

To see the full MSME payment records of Solus Security Systems Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Solus Security Systems Private Limited has a workforce of 96 employees on its EPFO records as of May 2026, across 3 active EPFO establishments.

Employee count
96
Active EPFO establishments
3
Employee growth
-13.5%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2796
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Solus Security Systems Private Limited, buy the company report.

GST

Solus Security Systems has 4 GST registrations: 3 active and 1 cancelled or inactive.

Total GSTINs
4
Active
3
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AAKCS3017L2Z3MaharashtraActive14 Nov 2017
29AAKCS3017L1Z0KarnatakaActive01 Jul 2017
33AAKCS3017L1ZBTamil NaduActive04 Feb 2023

To see the full GST registrations and return filing status of Solus Security Systems Private Limited, buy the company report.

Recent activity

Solus Security Systems Private Limited has 19 board changes on record since 2020: 5 appointments and 14 cessations. The latest: Roman Uehli ceased to be Additional Director on 28 Sep 2023.

AGM
Solus Security Systems Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Filing
Solus Security Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Roman Uehli ceased to be Additional Director.
Ceased
Stephen Alfred Bewick ceased to be Additional Director.
Appointed
Stephen Alfred Bewick was appointed as Director.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 100.00 Lakh with Charge ID 100716997 was registered on 19 Apr 2023.
Appointed
Roman Uehli was appointed as Director.
Ceased
Jones Andrew David ceased to be Additional Director.
Ceased
Sridhar Venkatasubramanian ceased to be Additional Director.
Ceased
Laxman Soni ceased to be Director.
Appointed
Sridhar Venkatasubramanian was appointed as Director.
Ceased
Bernhard Gerhard Brinker ceased to be Additional Director.

26 earlier events are in the company report.

News

Dorma India Acquires Solus
25 Aug 2021 · Jsalaw

Frequently asked questions

Solus Security Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in security and surveillance, within the business services industry. It was incorporated on 10 July 2006 (20+ years old) and is registered under CIN U72900MH2006PTC163023.

Solus Security Systems has 5 current directors:

The latest financial statements of Solus Security Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Solus Security Systems is 27AAKCS3017L2Z3, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAKCS3017L1Z0 (Karnataka), 33AAKCS3017L1ZB (Tamil Nadu).

The CIN (Corporate Identification Number) of Solus Security Systems is U72900MH2006PTC163023. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solus Security Systems has 7 court cases on record: 6 filed by the company and 1 filed against it. Most are in the district courts.

Solus Security Systems was incorporated on 10 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.

Solus Security Systems has 1 deal on record (1 secondary share transfer); the latest was in September 2017.

Roman Uehli ceased to be Additional Director on 28 Sep 2023. Stephen Alfred Bewick ceased to be Additional Director on 28 Sep 2023. Stephen Alfred Bewick was appointed as Director on 26 Jul 2023. Solus Security Systems has 19 board changes on record in total.

Yes, Solus Security Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0032906).

Solus Security Systems has 2 MSME Form 1 returns on record between 2022 and 2023, listing 3 overdue payments to 3 micro and small suppliers. The latest return was filed on 08 Nov 2023.