Sol Hsinyi Private Limited
About Sol Hsinyi Private Limited
Data last updated:
Sol Hsinyi Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 July 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2019PTC328408. Its GSTIN is 33ABCCS3991G1Z9 (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Dimple Nathani and Anup Kumar Nathani.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at A 234 2nd Floor A – Wing Antophill Warehousing Complex Wadla East, Mumbai, Maharashtra, India – 400037.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.22 Lakh, a decline of 54% compared to the previous year. For the same year it recorded a net loss of ₹25.55 Lakh (net margin -28.6%) and EBITDA of -₹25.27 Lakh (EBITDA margin -28.3%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Company details
Contact details
Sol Hsinyi Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressA 234 2nd Floor A – Wing Antophill Warehousing Complex Wadla East, Mumbai, Maharashtra, India – 400037
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Sol Hsinyi 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
Business activity
The main business activity of Sol Hsinyi is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Sol Hsinyi Private Limited, buy the company report.
Financials of Sol Hsinyi Private Limited
FY 2024 filings availableSol Hsinyi Private Limited reported revenue of ₹89.22 Lakh (down 54% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 54% fall in the latest year. EBITDA fell 8% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹25.27 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹25.55 Lakh | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -28.3% | ||||
| Net Profit Margin | -28.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Sol Hsinyi Private Limited, buy the company report.
Board of directors of Sol Hsinyi Private Limited
Sol Hsinyi has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dimple Nathani | Director | 24 Jul 2019 | 7 Years 3 Months | Current |
| Anup Kumar Nathani | Director | 20 Jun 2023 | 3 Years 4 Months | Current |
Peer comparison
Sol Hsinyi Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GSP Laboratories Private Limited | ₹89.24 Lakh (FY 2024) | -8.0% | Hyderabad, Telangana, India | |||
| Xeme Trading Company Private Limited. | ₹89.24 Lakh (FY 2025) | -30.0% | New Delhi, Delhi, India | |||
| D'sign Footcare Company Private Limited | ₹89.24 Lakh (FY 2019) | -24.0% | Kozhikode, Kerala, India | |||
| Stride Health Care Private Limited | ₹89.23 Lakh (FY 2024) | -13.0% | Chandigarh, India | |||
| Rising Champion Private Limited | ₹89.23 Lakh (FY 2025) | 147.0% | Lucknow, Uttar Pradesh, India | |||
| Sol Hsinyi Private Limitedthis company | ₹89.22 Lakh (FY 2024) | -₹25.55 Lakh | -28.6% | -54.0% | Mumbai, Maharashtra, India | |
| Rozzby Animal Health Private Limited | ₹89.22 Lakh (FY 2025) | 37.0% | Dhanera, Gujarat, India | |||
| Starlin Industries Private Limited | ₹89.21 Lakh (FY 2024) | 1864.0% | Gurugram, Haryana, India | |||
| Pragatisheel Biotech Private Limited | ₹89.21 Lakh (FY 2025) | 14.0% | Rewa, Madhya Pradesh, India | |||
| Nanoin Motors Private Limited | ₹89.2 Lakh (FY 2022) | -11.0% | Thane, Maharashtra, India | |||
| Origin Essentials Private Limited | ₹89.19 Lakh (FY 2022) | 65.0% | Delhi, India |
To see the full peer comparison of Sol Hsinyi Private Limited, buy the company report.
Auditor
Sol Hsinyi Private Limited is audited by ANIL NIRANJAN AGARWAL & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ANIL NIRANJAN AGARWAL & CO | FY 2020 | 008955N |
Shareholding
The shareholding of Sol Hsinyi Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Sol Hsinyi Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sol Hsinyi Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Sol Hsinyi Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sol Hsinyi has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33ABCCS3991G1Z9 | Tamil Nadu | Active | 17 Aug 2019 |
To see the full GST registrations and return filing status of Sol Hsinyi Private Limited, buy the company report.
Recent activity
Sol Hsinyi Private Limited has 5 board changes on record since 2019: 2 appointments and 3 cessations. The latest: Anup Kumar Nathani ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Sol Hsinyi is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 July 2019 (7+ years old) and is registered under CIN U51909MH2019PTC328408.
Sol Hsinyi has 2 current directors:
- Dimple Nathani - Director
- Anup Kumar Nathani - Director
The latest financial statements of Sol Hsinyi on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Sol Hsinyi is 33ABCCS3991G1Z9, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Sol Hsinyi is U51909MH2019PTC328408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sol Hsinyi was incorporated on 24 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sol Hsinyi by revenue are GSP Laboratories Private Limited, Xeme Trading Company Private Limited, D'sign Footcare Company Private Limited, Stride Health Care Private Limited, Rising Champion Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Anup Kumar Nathani ceased to be Additional Director on 29 Sep 2024. Nirbhay Jain ceased to be Director on 29 Jan 2024. Anup Kumar Nathani was appointed as Director on 20 Jun 2023. Sol Hsinyi has 5 board changes on record in total.
The registered office of Sol Hsinyi is at A 234 2nd Floor A – Wing Antophill Warehousing Complex Wadla East, Mumbai, Maharashtra, India – 400037.
Sol Hsinyi operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
Sol Hsinyi can be reached at its registered office: A 234 2nd Floor A – Wing Antophill Warehousing Complex Wadla East, Mumbai, Maharashtra, India – 400037.