Salient Financial Solutions Limited
About Salient Financial Solutions Limited
Data last updated:
Salient Financial Solutions Limited is a public limited company based in Gurugram, Haryana, India, a subsidiary of Solaris Industrial Chemicals Limited. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 13 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Haryana, under CIN U67190HR2007PLC083656.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Biju Thodakkarayil Varkey and Sanjay Kumar.
Its last annual general meeting (AGM) was held on 15 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at First India Place Tower – C Mehrauli Gurgaon Road, Gurugram, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹44,000. For the same year it recorded a net loss of ₹2.28 Lakh and EBITDA of -₹2.17 Lakh (EBITDA margin -493.2%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 33% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹2,508 Cr and satisfied charges of ₹335 Cr on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Salient Financial Solutions has one previous CIN (Corporate Identification Number): U67190DL2007PLC157850. The current CIN is U67190HR2007PLC083656, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U67190HR2007PLC083656 | Current |
| U67190DL2007PLC157850 | Previous |
Contact details
Salient Financial Solutions Limited's registered office is in Gurugram, Haryana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFirst India Place Tower – C Mehrauli Gurgaon Road, Gurugram, Haryana, India – 122001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Salient Financial Solutions Limited, buy the company report.
- 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
Financials of Salient Financial Solutions Limited
FY 2025 filings availableSalient Financial Solutions Limited reported revenue of ₹44,000 for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 33% over five years. EBITDA fell 119% 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 |
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| EBITDA | -₹2.17 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.28 Lakh | ||||
| Balance Sheet | |||||
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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 | -493.2% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Salient Financial Solutions Limited, buy the company report.
Board of directors of Salient Financial Solutions Limited
Salient Financial Solutions has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Biju Thodakkarayil Varkey Also directs: Varun Prakashan Private Limited, Solaris Industrial Chemicals Limited, Uhl Power Company Limited and 5 more | Director | 16 Aug 2023 | 3 Years 2 Months | Current |
| Sanjay Kumar Also directs: Gyanodaya Prakashan Private Limited, Samyugma Projects & Services Private Limited, Riyana Infratech Private Limited and 5 more | Director | 23 Mar 2015 | 11 Years 7 Months | Current |
| Akhil Mahajan Also directs: Varun Prakashan Private Limited, Solaris Industrial Chemicals Limited, Bilt Industrial Packaging Company Limited and 3 more | Director | 29 Oct 2009 | 17 Years 0 Months | Current |
Auditor
Salient Financial Solutions Limited is audited by D B M S & Associates for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D B M S & Associates | FY 2022 | 026573N |
Shareholding
The shareholding of Salient Financial Solutions Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Salient Financial Solutions Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Feb 2019 | 100243462 | Others | ₹778 Cr | Open | |
| 05 Jan 2017 | 100072797 | Others | ₹135 Cr | Open | |
| 05 Jan 2017 | 100083936 | Others | ₹765 Cr | Open | |
| 04 Feb 2014 | 10486239 | Il & Fs Trust Company Limited | ₹830 Cr | Open | |
| 25 Jul 2015 | 10591019 | Il & Fs Trust Company Limited | ₹60 Cr | Satisfied |
To see the full charge records of Salient Financial Solutions Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Salient Financial Solutions Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary case) | Filed against the company by Vistra Itcl India Ltd. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Vistra Itcl India Ltd. | Disposed |
To see the full case history of Salient Financial Solutions Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Salient Financial Solutions Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Salient Financial Solutions has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Prestige Wines & Spirits Private Limited | U74899HR2000PTC093536 |
To see the full group structure of Salient Financial Solutions Limited, buy the company report.
GST
No GST registration is on our record for Salient Financial Solutions Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Salient Financial Solutions Limited has 12 board changes on record since 2007: 3 appointments and 9 cessations. The latest: Biju Thodakkarayil Varkey ceased to be Additional Director on 25 Sep 2023.
13 earlier events are in the company report.
Frequently asked questions
Salient Financial Solutions is an active public limited company based in Gurugram, Haryana, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 13 January 2007 (19+ years old) and is registered under CIN U67190HR2007PLC083656.
Salient Financial Solutions has 3 current directors:
- Biju Thodakkarayil Varkey - Director
- Sanjay Kumar - Director
- Akhil Mahajan - Director
The latest financial statements of Salient Financial Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 15 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Salient Financial Solutions is U67190HR2007PLC083656. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Salient Financial Solutions has 2 court cases on record: 2 filed against it. 1 is pending.
Salient Financial Solutions was incorporated on 13 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Haryana.
Biju Thodakkarayil Varkey ceased to be Additional Director on 25 Sep 2023. Biju Thodakkarayil Varkey was appointed as Director on 16 Aug 2023. Sanjay Kumar ceased to be Additional Director on 30 Sep 2015. Salient Financial Solutions has 12 board changes on record in total.
The registered office of Salient Financial Solutions is at First India Place Tower – C Mehrauli Gurgaon Road, Gurugram, Haryana, India – 122001.
Salient Financial Solutions operates in the home and lifestyle industry, in the textile retail and distribution segment.
Salient Financial Solutions has open charges of ₹2,508 Cr and satisfied charges of ₹335 Cr as per latest MCA filings.
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