PHPL Solutions Private Limited
About PHPL Solutions Private Limited
Data last updated:
PHPL Solutions Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 14 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U71301MH2018PTC314298. Its GSTIN is 27AAKCP0979J1ZU (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹17 Cr and a paid-up capital of ₹16.94 Cr. It is led by directors including Manan S Ghelani and Sunit Dipak Ghelani.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.5 Cr, a growth of 95% compared to the previous year. For the same year it recorded a net profit of ₹12.71 Cr (net margin 15%) and EBITDA of ₹21.48 Cr (EBITDA margin 25.4%). Revenue has grown at a compounded annual rate (CAGR) of 52% over three years and 38% over five years.
As per MCA filings, the company has satisfied charges of ₹5 Cr on record.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address2nd Floor Plot 99C Bentex Building, Sitaram Ghadhigoakar Marg Tardeo, Mumbai, Maharashtra, India – 400034
- IndustryFinancial Services, Equipment Leasing & Financing
- 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 PHPL Solutions Private Limited
The main business activity of PHPL Solutions is electricity, gas, steam and air conditioning supply. In detail, this covers electricity, gas, steam and air conditioning supply.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air conditioning supply | 35 | Electricity, gas, steam and air conditioning supply | 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 PHPL Solutions Private Limited FY 2025 filings available
PHPL Solutions Private Limited reported revenue of ₹84.5 Cr (up 95% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of PHPL Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 95% growth in the latest year. EBITDA rose 80% 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 PHPL Solutions 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 | ₹84.5 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹21.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12.71 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 PHPL Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 15% | •••• | •••• | •••• | •••• |
| 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 PHPL Solutions are in the company report.
Financial statements from FY 2019
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 PHPL Solutions Private Limited
PHPL Solutions Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunhill Ceramics Private Limited | ₹88.86 Cr (FY 2025) | •••• | •••• | 10080.0% | •••• | Tal Wankaner Rajkot, Gujarat, India |
| Jindal Infrastructures Private Limited | ₹88.66 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Delhi, India |
| Modern Stage Services Private Limited | ₹87.58 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Mitra Infratech Private Limited | ₹86.99 Cr (FY 2017) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Motherson Lease Solution Limited | ₹85.1 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| PHPL Solutions Private Limited this company | ₹84.5 Cr (FY 2025) | •••• | •••• | 95.0% | •••• | Mumbai, Maharashtra, India |
| Touax Texmaco Railcar Leasing Private Limited | ₹83.08 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Kolkata, West Bengal, India |
| Mona Generator Services Private Limited | ₹82.66 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Delhi, India |
| KPH Civil Works Private Limited | ₹82.35 Cr (FY 2024) | •••• | •••• | 580.0% | •••• | Basirhat, West Bengal, India |
| Clarke Energy India Private Limited | ₹79.7 Cr (FY 2025) | •••• | •••• | -52.0% | •••• | Pune, Maharashtra, India |
| Icl Financial Services Limited | ₹77.95 Cr (FY 2025) | •••• | •••• | 25226.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below PHPL Solutions by revenue in the BFSI industry (Machinery and Equipment Leasing), 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 PHPL Solutions Private Limited
PHPL Solutions Private Limited is audited by N I MEHTA & CO. for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N I MEHTA & 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 PHPL Solutions Private Limited
PHPL Solutions has 10 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan S Ghelani | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Sunit Dipak Ghelani Also directs: Moonline Exports LLP | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Bindesh Shirish Ghelani | Director | 10 May 2021 | 5 Years 5 Months | Current |
| Vipul Ghelani Also directs: Ghelani Enterprises LLP, PHPL Defence and Aerospace Systems Private Limited, Perfect House Private Limited and 3 more | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Shirish Chhotalal Ghelani Also directs: Vikas Life Space LLP, Ghelani Enterprises LLP, PHPL Defence and Aerospace Systems Private Limited and 4 more | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
| Sanjay Ghelani Also directs: Ghelani Enterprises LLP, PHPL Defence and Aerospace Systems Private Limited, Perfect House Private Limited and 2 more | Director | 20 Sep 2018 | 8 Years 0 Months | Current |
Ownership and Shareholding of PHPL Solutions 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 PHPL Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Jul 2021 | Hdfc Bank Limited | ₹5 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at PHPL Solutions Private Limited
Employment history and EPFO contributions of people linked to PHPL Solutions.
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 PHPL Solutions Private Limited
PHPL Solutions Private Limited has 10 board changes on record since 2018: 10 appointments. The latest: Bindesh Shirish Ghelani was appointed as Director on 10 May 2021.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for PHPL Solutions 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 PHPL Solutions 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 PHPL Solutions 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 PHPL Solutions Private Limited
PHPL Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCP0979J1ZU | Maharashtra | Active | 16 Nov 2018 |
| 08AAKCP0979J1ZU | Rajasthan | Active | 30 Aug 2022 |
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 PHPL Solutions 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 PHPL Solutions Private Limited
PHPL Solutions is an active private limited company based in Mumbai, Maharashtra, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 14 September 2018 (8+ years old) and is registered under CIN U71301MH2018PTC314298.
PHPL Solutions reported revenue of ₹84.5 Cr for FY 2025 (up 95% YoY).
PHPL Solutions has 10 current directors:
- Manan S Ghelani - Director
- Sunit Dipak Ghelani - Director
- Bindesh Shirish Ghelani - Director
- Vipul Ghelani - Director
- Shirish Chhotalal Ghelani - Director
- Sanjay Ghelani - Director
- Dipak Chhotalal Ghelani - Director
- Rohan Vipul Ghelani - Director
- Chintan Ghelani - Director
- Sanket Vipul Ghelani - Director
PHPL Solutions reported a net profit of ₹12.71 Cr (net margin 15%) and EBITDA of ₹21.48 Cr (EBITDA margin 25.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of PHPL Solutions is 52% over three years and 38% over five years. In the latest year (FY 2025) revenue rose 95%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of PHPL Solutions is 27AAKCP0979J1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 08AAKCP0979J1ZU (Rajasthan).
The CIN (Corporate Identification Number) of PHPL Solutions is U71301MH2018PTC314298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
PHPL Solutions was incorporated on 14 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of PHPL Solutions by revenue are Sunhill Ceramics Private Limited, Jindal Infrastructures Private Limited, Modern Stage Services Private Limited, Mitra Infratech Private Limited, Motherson Lease Solution Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Bindesh Shirish Ghelani was appointed as Director on 10 May 2021. Chintan Ghelani was appointed as Director on 10 May 2021. Manan S Ghelani was appointed as Director on 10 May 2021. PHPL Solutions has 10 board changes on record in total.
The registered office of PHPL Solutions is at 2nd Floor Plot 99C Bentex Building, Sitaram Ghadhigoakar Marg Tardeo, Mumbai, Maharashtra, India – 400034.