About Paschim Solar Private Limited
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Paschim Solar Private Limited is a private limited company based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the diversified business activities segment of the business services sector. It was incorporated on 16 September 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2016PTC285961.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gaurav Shreesh Thosar and Samir Virendra Shah.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 36 Om Aditya C.H.S Ganeshwadi Panchpakhadi Thane (West), Maharashtra, India – 400602.
As per the financials filed for FY 2021, the company reported a revenue of ₹21,850, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹2,850 (net margin 13%) and EBITDA of ₹3,800 (EBITDA margin 17.4%).
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website paschimsolar.in.
- EmailLocked
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- Registered AddressB – 36 Om Aditya C.H.S Ganeshwadi Panchpakhadi Thane (West), Maharashtra, India – 400602
- IndustryBusiness Services, Miscellaneous Business Activities, Other Services
- 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 Paschim Solar Private Limited
The main business activity of Paschim Solar is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | 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 Paschim Solar Private Limited FY 2021 filings available
Paschim Solar Private Limited reported revenue of ₹21,850 (up 49% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Paschim Solar Private Limited
Revenue rose 49% in the latest year. EBITDA rose 132% 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 Paschim Solar Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| 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 | ₹3,800 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2,850 | •••• | •••• | •••• | •••• |
| 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 Paschim Solar Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13% | •••• | •••• | •••• | •••• |
| 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 Paschim Solar are in the company report.
Financial statements from FY 2017
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 Paschim Solar Private Limited
Paschim Solar Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avenue Gems & Jewels Private Limited | ₹22,500 (FY 2017) | •••• | •••• | •••• | New Delhi, Delhi, India | |
| Innovative Concrete Mix Private Limited | ₹22,297 (FY 2016) | •••• | •••• | -20.0% | •••• | Ahmedabad, Gujarat, India |
| KSD Engineering Private Limited | ₹22,152 (FY 2023) | •••• | •••• | -99.0% | •••• | New Delhi, Delhi, India |
| Zodiac Granites Private Limited | ₹22,085 (FY 2025) | •••• | •••• | -99.0% | •••• | Gurusamypalayam, Tamil Nadu, India |
| Tiny Elephant (OPC) Private Limited | ₹22,052 (FY 2024) | •••• | •••• | 732.0% | •••• | Mumbai, Maharashtra, India |
| Paschim Solar Private Limited this company | ₹21,850 (FY 2021) | •••• | •••• | 49.0% | •••• | Thane, Maharashtra, India |
| Varindera Bricks Private Limited | ₹21,374 (FY 2024) | •••• | •••• | 15.0% | •••• | Punjab, India |
| Calliper Automation Private Limited | ₹21,316 (FY 2023) | •••• | •••• | •••• | Kondithope, Tamil Nadu, India | |
| Vallabh Shrico Marble Private Limited | ₹21,000 (FY 2017) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Dasmesh Tractors Private Limited | ₹20,900 (FY 2024) | •••• | •••• | 67.0% | •••• | Malerkotla, Punjab, India |
| Indoriv Refractories Pvt Ltd | ₹20,820 (FY 2024) | •••• | •••• | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Paschim Solar by revenue in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Paschim Solar Private Limited
Paschim Solar has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurav Shreesh Thosar | Director | 16 Sep 2016 | 10 Years 0 Months | Current |
| Samir Virendra Shah Also directs: Duritari Finlease Private Limited | Director | 25 Mar 2021 | 5 Years 6 Months | Current |
| Dhiraj Chandrkant Parkar | Director | 18 Apr 2020 | 6 Years 5 Months | Current |
Charges & Borrowings of Paschim Solar Private Limited
Paschim Solar Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Paschim Solar Private Limited
Employment history and EPFO contributions of people linked to Paschim Solar.
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 Paschim Solar Private Limited
Paschim Solar Private Limited has 5 board changes on record since 2016: 4 appointments and 1 cessation. The latest: Samir Virendra Shah was appointed as Director on 25 Mar 2021.
Credit Ratings, Litigation & Regulatory Alerts for Paschim Solar 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 Paschim Solar 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 Paschim Solar 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 Paschim Solar Private Limited
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 Paschim Solar 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 Paschim Solar Private Limited
Paschim Solar is an active private limited company based in Thane, Maharashtra, India. The company works in miscellaneous business activities, within the business services industry. It was incorporated on 16 September 2016 (10+ years old) and is registered under CIN U74999MH2016PTC285961.
Paschim Solar reported revenue of ₹21,850 for FY 2021 (up 49% YoY).
Paschim Solar has 3 current directors:
- Gaurav Shreesh Thosar - Director
- Samir Virendra Shah - Director
- Dhiraj Chandrkant Parkar - Director
Paschim Solar reported a net profit of ₹2,850 (net margin 13%) and EBITDA of ₹3,800 (EBITDA margin 17.4%) for FY 2021, as per its filed financial statements.
The CIN (Corporate Identification Number) of Paschim Solar is U74999MH2016PTC285961. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Paschim Solar was incorporated on 16 September 2016, making it 10+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Paschim Solar by revenue are Avenue Gems & Jewels Private Limited, Innovative Concrete Mix Private Limited, KSD Engineering Private Limited, Zodiac Granites Private Limited, Tiny Elephant (OPC) Private Limited and 5 more, all in the same principal business activity (Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Samir Virendra Shah was appointed as Director on 25 Mar 2021. Ashutosh Anand Tulpule ceased to be Director on 18 Apr 2020. Dhiraj Chandrkant Parkar was appointed as Director on 18 Apr 2020. Paschim Solar has 5 board changes on record in total.
Yes, Paschim Solar is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Paschim Solar can be reached through the website paschimsolar.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Paschim Solar is at B – 36 Om Aditya C.H.S Ganeshwadi Panchpakhadi Thane West, Maharashtra, India – 400602.