Sharda Solvent Limited
About Sharda Solvent Limited
Data last updated:
Sharda Solvent Limited is a public limited company based in Bhopal, Madhya Pradesh, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 01 June 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U26921MP1992PLC007125. Its GSTIN is 23AAECS6522Q3ZY (Madhya Pradesh). The company holds 9 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹10.55 Cr. It is led by directors including Avnish Bhatnagar (Whole-Time Director) and Sanjay Chourey.
Its last annual general meeting (AGM) was held on 01 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016.
As per the financials filed for FY 2026, the company reported a revenue of ₹51,000, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹13.01 Cr and EBITDA of -₹5.82 Cr. Revenue has declined at a compounded annual rate (CAGR) of 84% over three years and 81% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹2,091.33 Cr on record. Court records list 41 cases involving the company, including 24 filed by the company and 17 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Sharda Solvent has one previous CIN (Corporate Identification Number): L26921MP1992PLC007125. The current CIN is U26921MP1992PLC007125, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U26921MP1992PLC007125 | Current |
| L26921MP1992PLC007125 | Previous |
Contact details
Sharda Solvent Limited's registered office is in Bhopal, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Sharda Solvent 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
Business activity
The main business activity of Sharda Solvent is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Sharda Solvent Limited, buy the company report.
Financials of Sharda Solvent Limited
FY 2026 filings availableSharda Solvent Limited reported revenue of ₹51,000 (down 100% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 81% over five years. EBITDA fell 462% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹51,000 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹5.82 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹13.01 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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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 Sharda Solvent Limited, buy the company report.
Board of directors of Sharda Solvent Limited
Sharda Solvent has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Chourey | Director | 01 Apr 2025 | 1 Years 7 Months | Current |
| Sharad Kumar Joshi Also directs: Divya Decent Trading Private Limited, Surge Developers Private Limited, Diva Oil & Gas Private Limited and 5 more | Director | 26 Sep 2024 | 2 Years 1 Months | Current |
| Shilpa Agarwal Also directs: Mishka Multitrade LLP, Matriswa Exim Limited | Director | 10 Feb 2020 | 6 Years 9 Months | Current |
| Avnish Bhatnagar Also directs: Sudhirgh Developers LLP, D B Infrastructures Private Limited, Decore Exxoils Private Limited and 3 more | Whole-Time Director | 01 Jul 2017 | 9 Years 4 Months | Current |
Peer comparison
Sharda Solvent Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vishnu Infracomplex Private Limited | ₹2.42 Cr (FY 2025) | -17.0% | Kolkata, West Bengal, India | |||
| Kalash Infratech Private Limited | ₹2.41 Cr (FY 2024) | 99.0% | Mohanlalganj, Uttar Pradesh, India | |||
| Kalpnath Infra Tech Private Limited | ₹2.39 Cr (FY 2025) | -47.0% | Varanasi, Uttar Pradesh, India | |||
| Chintels Exports Private Limited | ₹2.38 Cr (FY 2025) | -64.0% | Gurgaon, Haryana, India | |||
| Sharda Solvent Limitedthis company | ₹51,000 (FY 2026) | -₹13.01 Cr | -100.0% | 1 | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Sharda Solvent Limited, buy the company report.
Auditor
Sharda Solvent Limited is audited by Krishna Gupta & Co. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Krishna Gupta & Co. | FY 2026 | 000368C |
Shareholding
The shareholding of Sharda Solvent Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Sharda Solvent Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Mar 2021 | 100432450 | Others | ₹40 Cr | Satisfied | |
| 23 Feb 2021 | 100426213 | Others | ₹40 Cr | Satisfied | |
| 24 Dec 2015 | 10621832 | Il & Fs Trust Company Limited | ₹210 Cr | Satisfied | |
| 09 Apr 2015 | 10563611 | Rbl Bank Limited | ₹100 Cr | Satisfied | |
| 11 Jan 2015 | 10567403 | Others | ₹40 Cr | Satisfied |
To see the full charge records of Sharda Solvent Limited, buy the company report.
Total charge records: 29 View all charges
Legal cases
Sharda Solvent Limited has 41 court cases on record: 24 filed by Sharda Solvent, 17 filed against it. 4 cases are pending and 37 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 26 | 6 | 3 |
| District courts | 11 | 8 | 0 |
| Supreme Court | 4 | 3 | 1 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0105-Labour Matters : Matters relating to Workmen Compensation Act) | Filed against the company by individuals | Pending |
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| High Court of Madhya Pradesh | Writ petition | Filed against the company by M/S Bhaskar Exxoil Limited | Pending |
| High Court of Madhya Pradesh | Appeal | Filed by the company against M/S Singhal & Sons Morena | Pending |
| District court, Shivpuri, Madhya Pradesh | Court case (UN CR) | Filed by the company against individuals | Disposed |
To see the full case history of Sharda Solvent 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 Sharda Solvent Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Sharda Solvent Limited has a workforce of 1 employees on its EPFO records as of Apr 2026, across 4 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Sharda Solvent Limited, buy the company report.
GST
Sharda Solvent has 9 GST registrations: 1 active and 8 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECS6522Q3ZY | Madhya Pradesh | Active | 18 Jan 2018 |
To see the full GST registrations and return filing status of Sharda Solvent Limited, buy the company report.
Recent activity
Sharda Solvent Limited has 19 board changes on record since 2011: 4 appointments and 15 cessations. The latest: Sanjay Chourey was appointed as Director on 01 Apr 2025.
83 earlier events are in the company report.
Frequently asked questions
Sharda Solvent is an active public limited company based in Bhopal, Madhya Pradesh, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 01 June 1992 (34+ years old) and is registered under CIN U26921MP1992PLC007125.
Sharda Solvent has 4 current directors:
- Avnish Bhatnagar - Whole-Time Director
- Sanjay Chourey - Director
- Sharad Kumar Joshi - Director
- Shilpa Agarwal - Director
The latest financial statements of Sharda Solvent on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 01 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Sharda Solvent is 23AAECS6522Q3ZY, registered in Madhya Pradesh. The company has 9 GST registrations in all, of which 1 is active and 8 are cancelled or inactive.
The CIN (Corporate Identification Number) of Sharda Solvent is U26921MP1992PLC007125. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sharda Solvent has 41 court cases on record: 24 filed by the company and 17 filed against it. 4 are pending. Most are in the high courts.
Sharda Solvent was incorporated on 01 June 1992, making it 34+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Sharda Solvent by revenue are Vishnu Infracomplex Private Limited, Kalash Infratech Private Limited, Kalpnath Infra Tech Private Limited, Chintels Exports Private Limited, all in the Real Estate industry (Real Estate Marketing), with the same principal business activity (real estate activities with own or leased property).
Sanjay Chourey was appointed as Director on 01 Apr 2025. Manoj Garg ceased to be Director on 10 Mar 2025. Sharad Kumar Joshi was appointed as Director on 26 Sep 2024. Sharda Solvent has 19 board changes on record in total.
The registered office of Sharda Solvent is at Office Block 1A 5th Floor Db City Corporate Park Arera Hills Opp. M.P. Nagar Zone – I, Bhopal, Madhya Pradesh, India – 462016.
Sharda Solvent operates in the home and lifestyle industry, in the textile retail and distribution segment.
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