MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0167800
Panel Solutions Private Limited - trading in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹10.84 Lakh
▼ 58% YoY
Net loss · FY 2025
₹1.31 Lakh
Net margin -12.1%
EBITDA · FY 2025
-₹1.2 Lakh
EBITDA margin -11.1%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Company age
24 yrs
Est. 2002
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Panel Solutions Private Limited
Data last updated:
Panel Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 11 July 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U05190KA2002PTC030748. Its GSTIN is 29AACCP6965A1ZB (Karnataka).
The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors Gireesha Anantha Reddy Jinkal and Sugur Basappa Suresha.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹10.84 Lakh, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹1.31 Lakh (net margin -12.1%) and EBITDA of -₹1.2 Lakh (EBITDA margin -11.1%). Revenue has declined at a compounded annual rate (CAGR) of 2% over three years and 13% over five years.
Panel Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0167800). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website panelsols.com.
Company details
CIN U05190KA2002PTC030748
Registration Number 030748
Incorporation Date 11 July 2002
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0167800
Recognitions & Rankings of Panel Solutions
Contact details
Panel Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is panelsols.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.1110 11th Block, Janapriya Heavens Allalasandra Gkvk Post, Bangalore, Karnataka, India – 560065
- IndustryTrading, Wholesale, Other Wholesale
To see the full contact details of Panel Solutions Private Limited, buy the company report.
Comprehensive company report
Panel Solutions 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
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Business activity
The main business activity of Panel Solutions is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Panel Solutions Private Limited, buy the company report.
Financials of Panel Solutions Private Limited
FY 2025 filings availablePanel Solutions Private Limited reported revenue of ₹10.84 Lakh (down 58% YoY) for FY 2025.
Revenue · FY 2025
₹10.84 Lakh ▼ 58%
Net loss · FY 2025
₹1.31 Lakh margin -12.1%
EBITDA · FY 2025
-₹1.2 Lakh margin -11.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 58%
3 years · compounded
▲ 2%
5 years · compounded
▼ 13%
EBITDA CAGR growth
1 year
▼ 243%
3 years · compounded
▼ 66%
5 years · compounded
▼ 24%
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 58% fall in the latest year. EBITDA fell 243% 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
| 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 | |||||
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| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.31 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -11.1% | ||||
| Net Profit Margin | -12.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Quick Ratio | |||||
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| 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 Panel Solutions Private Limited, buy the company report.
Board of directors of Panel Solutions Private Limited
Panel Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gireesha Anantha Reddy Jinkal Also directs: A.G.V. Infrastructure Private Limited | Director | 11 Jul 2002 | 24 Years 4 Months | Current |
| Sugur Basappa Suresha | Director | 11 Jul 2002 | 24 Years 4 Months | Current |
Auditor
Panel Solutions Private Limited is audited by H V VISWANATHA AND CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| H V VISWANATHA AND CO | FY 2023 | 011994S |
Shareholding
The shareholding of Panel Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Panel Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Panel Solutions 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 Panel Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Panel Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCP6965A1ZB | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Panel Solutions Private Limited, buy the company report.
Recent activity
Panel Solutions Private Limited has 3 board changes on record since 2002: 2 appointments and 1 cessation. The latest: Gunari Gurusiddappa Rajesh ceased to be Director on 21 Jun 2017.
AGM
Panel Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Panel Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Gunari Gurusiddappa Rajesh ceased to be Director.
Appointed
Gireesha Anantha Reddy Jinkal was appointed as Director.
Appointed
Sugur Basappa Suresha was appointed as Director.
Incorporation
11 Jul 2002
Panel Solutions Private Limited was registered on 11 Jul 2002 with Roc Bangalore & aged 24 years 4 months as per MCA records.
Frequently asked questions
Panel Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in wholesale, within the trading industry. It was incorporated on 11 July 2002 (24+ years old) and is registered under CIN U05190KA2002PTC030748.
Panel Solutions has 2 current directors:
- Gireesha Anantha Reddy Jinkal - Director
- Sugur Basappa Suresha - Director
The latest financial statements of Panel Solutions 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 2015 are in the company report.
The GSTIN of Panel Solutions is 29AACCP6965A1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of Panel Solutions is U05190KA2002PTC030748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Panel Solutions was incorporated on 11 July 2002, making it 24+ years old. It is registered with the Registrar of Companies, Bangalore.
Gunari Gurusiddappa Rajesh ceased to be Director on 21 Jun 2017. Gireesha Anantha Reddy Jinkal was appointed as Director on 11 Jul 2002. Sugur Basappa Suresha was appointed as Director on 11 Jul 2002.
Yes, Panel Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0167800).
Panel Solutions can be reached through the website panelsols.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Panel Solutions is at No.1110 11th Block, Janapriya Heavens Allalasandra Gkvk Post, Bangalore, Karnataka, India – 560065.
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