About Saurashtra Solid Industries Private Limited
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Saurashtra Solid Industries Private Limited is a private limited company based in Porbandar, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 02 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24117GJ1999PTC036371. Its GSTIN is 24AAECS9355D1ZC (Gujarat).
The company has an authorised share capital of ₹3.5 Cr and a paid-up capital of ₹3.18 Cr. It is led by directors including Nikita Bharatbhai Thanki and Hiral Thanki.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 126/2 GIDC, Porbandar, Gujarat, India – 360577.
As per the financials filed for FY 2025, the company reported a revenue of ₹26.81 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net loss of ₹94.99 Lakh (net margin -3.5%) and EBITDA of -₹20.74 Lakh (EBITDA margin -0.8%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 6% over five years.
The company is associated with 1 brand: Saurashtra Solid Industries. As per MCA filings, the company has open charges of ₹5.8 Cr and satisfied charges of ₹9.5 Lakh on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website saurashtrasolid.com.
Company details
Contact details
Saurashtra Solid Industries Private Limited's registered office is in Porbandar, Gujarat. Its website is saurashtrasolid.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 126/2 GIDC, Porbandar, Gujarat, India – 360577
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Saurashtra Solid Industries Private 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
Brands
Saurashtra Solid Industries operates one associated brand: Saurashtra Solid Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing of Precipitated Calcium Carbonate for industrial applications in domestic and international markets. | saurashtrasolid.com |
Business activity
The main business activity of Saurashtra Solid Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Saurashtra Solid Industries Private Limited, buy the company report.
Financials of Saurashtra Solid Industries Private Limited
FY 2025 filings availableSaurashtra Solid Industries Private Limited reported revenue of ₹26.81 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 107% 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 | -₹20.74 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹94.99 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 | -0.8% | ||||
| Net Profit Margin | -3.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Saurashtra Solid Industries Private Limited, buy the company report.
Board of directors of Saurashtra Solid Industries Private Limited
Saurashtra Solid Industries has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nikita Bharatbhai Thanki Also directs: Athaarva Inventions Private Limited | Director | 08 May 2019 | 7 Years 5 Months | Current |
| Hiral Thanki | Director | 03 May 2021 | 5 Years 5 Months | Current |
| Bharatbhai Trikamji Thanki | Director | 01 Oct 2005 | 21 Years 0 Months | Current |
| Varshaben Bharatbhai Thanki | Director | 17 Nov 2016 | 9 Years 11 Months | Current |
Peer comparison
Saurashtra Solid Industries Private Limited is compared with the 3 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saurashtra Solid Industries Private Limitedthis company | ₹26.81 Cr (FY 2025) | -₹94.99 Lakh | -3.5% | -6.0% | Porbandar, Gujarat, India | |
| Sav Chemicals Private Limited | ₹26.22 Cr (FY 2025) | 42.0% | Pune, Maharashtra, India | |||
| Coco Carbons (India) Private Limited | ₹26.1 Cr (FY 2022) | 46.0% | Nelamangala, Karnataka, India | |||
| Enam Organics India Limited | ₹26.08 Cr (FY 2025) | 19.0% | Thane, Maharashtra, India |
To see the full peer comparison of Saurashtra Solid Industries Private Limited, buy the company report.
Auditor
Saurashtra Solid Industries Private Limited is audited by BHARAT PARIKH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BHARAT PARIKH & ASSOCIATES | FY 2023 | 101241W |
Shareholding
The shareholding of Saurashtra Solid Industries 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 Saurashtra Solid Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2020 | 100324868 | Bank of India | ₹19.9 Lakh | Open | |
| 26 Aug 2013 | 10447207 | Bank of India | ₹20 Lakh | Open | |
| 27 Feb 2012 | 10341616 | Bank of India | ₹5.5 Lakh | Open | |
| 20 Mar 2007 | 10045176 | State Bank of India | ₹5.55 Lakh | Open | |
| 13 May 2005 | 80005065 | Bank of India | ₹4.29 Cr | Open |
To see the full charge records of Saurashtra Solid Industries Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Saurashtra Solid Industries Private Limited has 6 court cases on record: 3 filed by Saurashtra Solid Industries, 3 filed against it. 2 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 1 |
| High courts | 3 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P. (COMM)) | Filed by the company against Gail (India) Ltd. | Pending |
| High Court of Delhi | Court case (O.M.P.(MISC.)(COMM.)) | Filed by the company against Gail (India) Limited | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Gail (India) Limited | Disposed |
| District court, Vadodara, Gujarat | Motor accident claim | Filed against the company by an individual | Pending |
| District court, Vadodara, Gujarat | Court case (REFER T LC) | Filed against the company by an individual | Disposed |
To see the full case history of Saurashtra Solid Industries Private 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 Saurashtra Solid Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Saurashtra Solid Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECS9355D1ZC | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Saurashtra Solid Industries Private Limited, buy the company report.
Recent activity
Saurashtra Solid Industries Private Limited has 9 board changes on record since 2005: 4 appointments and 5 cessations. The latest: Labhshanker Ramji Joshi ceased to be Director on 20 Oct 2023.
12 earlier events are in the company report.
Frequently asked questions
Saurashtra Solid Industries is an active private limited company based in Porbandar, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 02 August 1999 (27+ years old) and is registered under CIN U24117GJ1999PTC036371.
Saurashtra Solid Industries has 4 current directors:
- Nikita Bharatbhai Thanki - Director
- Hiral Thanki - Director
- Bharatbhai Trikamji Thanki - Director
- Varshaben Bharatbhai Thanki - Director
The latest financial statements of Saurashtra Solid Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Saurashtra Solid Industries is 24AAECS9355D1ZC, registered in Gujarat.
The CIN (Corporate Identification Number) of Saurashtra Solid Industries is U24117GJ1999PTC036371. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Saurashtra Solid Industries has 6 court cases on record: 3 filed by the company and 3 filed against it. 2 are pending. Most are in the district courts.
Saurashtra Solid Industries was incorporated on 02 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Saurashtra Solid Industries by revenue are Sav Chemicals Private Limited, Coco Carbons (India) Private Limited, Enam Organics India Limited, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Labhshanker Ramji Joshi ceased to be Director on 20 Oct 2023. Hiral Thanki ceased to be Additional Director on 30 Sep 2022. Hiral Thanki was appointed as Director on 03 May 2021. Saurashtra Solid Industries has 9 board changes on record in total.
Saurashtra Solid Industries can be reached through the website saurashtrasolid.com. Its registered office is in Porbandar, Gujarat, India.
The registered office of Saurashtra Solid Industries is at Plot No. 1262 GIDC, Porbandar, Gujarat, India – 360577.