Maithri Solvents Private Limited
About Maithri Solvents Private Limited
Data last updated:
Maithri Solvents Private Limited is a private limited company based in Siddipet, Telangana, India. It operates in the solvent and oil extraction tech segment of the chemicals and materials sector. It was incorporated on 22 September 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74999TG2021PTC155156.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.79 Cr. It is led by directors including Naveen Kumar Rangineni and Vinay Kumar Maram.
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 Sy. No. 367 Gagillapur Bejjanki, Siddipet, Telangana, India – 505528.
As per the financials filed for FY 2025, the company reported a revenue of ₹222.21 Cr, a growth of 91% compared to the previous year. For the same year it recorded a net profit of ₹1.87 Cr (net margin 0.8%) and EBITDA of ₹5.24 Cr (EBITDA margin 2.4%).
The company has about 36 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.45 Cr on record.
Company details
Contact details
Maithri Solvents Private Limited's registered office is in Siddipet, Telangana.
- Registered AddressSy. No. 367 Gagillapur Bejjanki, Siddipet, Telangana, India – 505528
- IndustryChemicals and Materials, Solvent & Oil Extraction Tech
- 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
Business activity
The main business activity of Maithri Solvents is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Maithri Solvents Private Limited, buy the company report.
Financials of Maithri Solvents Private Limited
FY 2025 filings availableMaithri Solvents Private Limited reported revenue of ₹222.21 Cr (up 91% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 91% in the latest year. EBITDA rose 70% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| 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 | ₹5.24 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹1.87 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 2.4% | |||
| Net Profit Margin | 0.8% | |||
| 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 Maithri Solvents Private Limited, buy the company report.
Board of directors of Maithri Solvents Private Limited
Maithri Solvents has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Kumar Rangineni Also directs: Rangineni Textiles Private Limited, Rangineni Steel and Power Private Limited, RMR Solar Energy Private Limited and 5 more | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Vinay Kumar Maram | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Rama Rao Cheeti | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Raghavender Rao Cheeti | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
| Sridhar Vinjam | Director | 22 Sep 2021 | 5 Years 1 Months | Current |
Peer comparison
Maithri Solvents Private Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ekdant Soya Private Limited | ₹230.31 Cr (FY 2025) | 50.0% | Naigaon, Maharashtra, India | |||
| K L. Vegetable Oil Products Private Limited | ₹222.65 Cr (FY 2025) | 10.0% | Hapur, Uttar Pradesh, India | |||
| Maithri Solvents Private Limitedthis company | ₹222.21 Cr (FY 2025) | ₹1.87 Cr | 0.8% | 91.0% | Siddipet, Telangana, India | |
| S. K. Solvent (I) Private Limited | ₹221.67 Cr (FY 2025) | 25.0% | Arang, Chhattisgarh, India | |||
| Shree Siddhivinayaka Agro Extractions Private Limited | ₹221.25 Cr (FY 2025) | 79.0% | Medak, Telangana, India | |||
| Srevee Edible Oils Private Limited | ₹216.87 Cr (FY 2024) | 15.0% | Erode, Tamil Nadu, India |
To see the full peer comparison of Maithri Solvents Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Apr 2022 | 100565611 | Indian Bank | ₹17.45 Cr | Open |
To see the full charge records of Maithri Solvents Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Maithri Solvents Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Maithri Solvents Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Maithri Solvents Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Maithri Solvents Private Limited has 5 board changes on record since 2021: 5 appointments. The latest: Naveen Kumar Rangineni was appointed as Director on 22 Sep 2021.
Frequently asked questions
Maithri Solvents is an active private limited company based in Siddipet, Telangana, India. The company works in solvent and oil extraction tech, within the chemicals and materials industry. It was incorporated on 22 September 2021 (5+ years old) and is registered under CIN U74999TG2021PTC155156.
Maithri Solvents has 5 current directors:
- Naveen Kumar Rangineni - Director
- Vinay Kumar Maram - Director
- Rama Rao Cheeti - Director
- Raghavender Rao Cheeti - Director
- Sridhar Vinjam - Director
The latest financial statements of Maithri Solvents on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2022 are in the company report.
The CIN (Corporate Identification Number) of Maithri Solvents is U74999TG2021PTC155156. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maithri Solvents was incorporated on 22 September 2021, making it 5+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Maithri Solvents by revenue are Ekdant Soya Private Limited, K L. Vegetable Oil Products Private Limited, S. K. Solvent (I) Private Limited, Shree Siddhivinayaka Agro Extractions Private Limited, Srevee Edible Oils Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Naveen Kumar Rangineni was appointed as Director on 22 Sep 2021. Raghavender Rao Cheeti was appointed as Director on 22 Sep 2021. Rama Rao Cheeti was appointed as Director on 22 Sep 2021. Maithri Solvents has 5 board changes on record in total.
The registered office of Maithri Solvents is at Sy. No. 367 Gagillapur Bejjanki, Siddipet, Telangana, India – 505528.
Maithri Solvents operates in the chemicals and materials industry, in the solvent and oil extraction tech segment.
Maithri Solvents has open charges of ₹17.45 Cr and no satisfied charges on record as per latest MCA filings.
Maithri Solvents can be reached at its registered office: Sy. No. 367 Gagillapur Bejjanki, Siddipet, Telangana, India – 505528.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
