Solace Herbals Private Limited
About Solace Herbals Private Limited
Data last updated:
Solace Herbals Private Limited is a private limited company based in Cooch Behar, West Bengal, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 September 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2002PTC095091. Its GSTIN is 19AAKCS3700Q1ZT (West Bengal).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Dulal Kumar Debnath and Pratima Debnath.
Its last annual general meeting (AGM) was held on 16 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 11 R N Roadp O Coochbehar, Cooch Behar, West Bengal, India – 736101.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.94 Lakh, a decline of 66% compared to the previous year. For the same year it recorded a net loss of ₹2.28 Lakh (net margin -117.8%) and EBITDA of ₹20,336 (EBITDA margin 10.5%). Revenue has declined at a compounded annual rate (CAGR) of 40% over three years.
As per MCA filings, the company has open charges of ₹20 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address11 R N Roadp O Coochbehar, Cooch Behar, West Bengal, India – 736101
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 Solace Herbals Private Limited
The main business activity of Solace Herbals is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Solace Herbals Private Limited FY 2019 filings available
Solace Herbals Private Limited reported revenue of ₹1.94 Lakh (down 66% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Solace Herbals Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 40% over three years, including a 66% fall in the latest year. EBITDA fell 94% 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 Solace Herbals Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| 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 | ₹20,336 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.28 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 of Solace Herbals Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -117.8% | •••• | •••• | •••• | •••• |
| 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 Solace Herbals are in the company report.
Financial statements from 2015
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 Solace Herbals Private Limited
Solace Herbals Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nipun Ophthalmic Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | 2281.0% | •••• | Jaipur, Rajasthan, India |
| Sandex Pharmaceuticals Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | •••• | Karunagappally, Kerala, India | |
| Shriji Distributor SD Private Limited | ₹2 Lakh (FY 2025) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Hygosap Pharma Private Limited | ₹1.98 Lakh (FY 2025) | •••• | •••• | -100.0% | •••• | Delhi, India |
| Great Health Mart Medicals Private Limited | ₹1.98 Lakh (FY 2018) | •••• | •••• | 21.0% | •••• | Chennai, Tamil Nadu, India |
| Solace Herbals Private Limited this company | ₹1.94 Lakh (FY 2019) | •••• | •••• | -66.0% | •••• | Cooch Behar, West Bengal, India |
| Clesstra Healthcare Private Limited | ₹1.93 Lakh (FY 2021) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Glaze Biotech Private Limited | ₹1.92 Lakh (FY 2024) | •••• | •••• | -73.0% | •••• | Kanpur, Uttar Pradesh, India |
| Soinpeau Pharmaceuticals Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Grace Wellness Private Limited | ₹1.92 Lakh (FY 2025) | •••• | •••• | -34.0% | •••• | Nagpur, Maharashtra, India |
| Silverwhite Exim Global Private Limited | ₹1.86 Lakh (FY 2024) | •••• | •••• | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Solace Herbals by revenue in the Pharma industry (Pharma Retail and Distribution), 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 Solace Herbals Private Limited
Solace Herbals Private Limited is audited by K SUMIT AND ASSOCIATES for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| K SUMIT AND ASSOCIATES | 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 Solace Herbals Private Limited
Solace Herbals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dulal Kumar Debnath Also directs: Dulal Polyclinic Private Limited | Director | 02 Sep 2002 | 24 Years 1 Months | Current |
| Pratima Debnath Also directs: Dulal Polyclinic Private Limited | Director | 02 Sep 2002 | 24 Years 1 Months | Current |
Ownership and Shareholding of Solace Herbals 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 Solace Herbals Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Jan 2004 | Bank of Baroda | ₹20 Lakh | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Solace Herbals Private Limited
Employment history and EPFO contributions of people linked to Solace Herbals.
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 Solace Herbals Private Limited
Solace Herbals Private Limited has 2 board changes on record since 2002: 2 appointments. The latest: Dulal Kumar Debnath was appointed as Director on 02 Sep 2002.
Credit Ratings, Litigation & Regulatory Alerts for Solace Herbals 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 Solace Herbals 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 Solace Herbals 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 Solace Herbals Private Limited
Solace Herbals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAKCS3700Q1ZT | West Bengal | Active | 01 Jul 2017 |
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 Solace Herbals 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 Solace Herbals Private Limited
Solace Herbals is an active private limited company based in Cooch Behar, West Bengal, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 September 2002 (24+ years old) and is registered under CIN U51909WB2002PTC095091.
Solace Herbals reported revenue of ₹1.94 Lakh for FY 2019 (down 66% YoY).
Solace Herbals has 2 current directors:
- Dulal Kumar Debnath - Director
- Pratima Debnath - Director
Solace Herbals reported a net loss of ₹2.28 Lakh (net margin -117.8%) and EBITDA of ₹20,336 (EBITDA margin 10.5%) for FY 2019, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solace Herbals is -40% over three years. In the latest year (FY 2019) revenue fell 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solace Herbals is 19AAKCS3700Q1ZT, registered in West Bengal.
The CIN (Corporate Identification Number) of Solace Herbals is U51909WB2002PTC095091. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solace Herbals was incorporated on 02 September 2002, making it 24+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Solace Herbals by revenue are Nipun Ophthalmic Private Limited, Sandex Pharmaceuticals Private Limited, Shriji Distributor SD Private Limited, Hygosap Pharma Private Limited, Great Health Mart Medicals Private Limited and 5 more, all in the Pharma industry (Pharma Retail and Distribution).
Dulal Kumar Debnath was appointed as Director on 02 Sep 2002. Pratima Debnath was appointed as Director on 02 Sep 2002.
The registered office of Solace Herbals is at 11 R N Roadp O Coochbehar, Cooch Behar, West Bengal, India – 736101.