Solaire Technocrats and Services Private Limited
About Solaire Technocrats and Services Private Limited
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Solaire Technocrats and Services Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 19 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U52390TG2013PTC091067. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Kumudvathi Janapala and Venkata Subbarao Chodagam.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Flat No. 401 Plot No. 339 Manjula Nilayam Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2017, the company reported a revenue of ₹3.46 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹12.26 Lakh (net margin 3.5%) and EBITDA of ₹32.76 Lakh (EBITDA margin 9.5%). Revenue has grown at a compounded annual rate (CAGR) of 236% over three years.
As per MCA filings, the company has open charges of ₹40 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Solaire Technocrats and Services has one previous CIN (Corporate Identification Number): U52390AP2013PTC091067. The current CIN is U52390TG2013PTC091067, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U52390TG2013PTC091067 | Current |
| U52390AP2013PTC091067 | Previous |
Contact details
Solaire Technocrats and Services Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressFlat No. 401 Plot No. 339 Manjula Nilayam Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Solaire Technocrats and Services 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 Solaire Technocrats and Services 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 Solaire Technocrats and Services Private Limited, buy the company report.
Financials of Solaire Technocrats and Services Private Limited
FY 2017 filings availableSolaire Technocrats and Services Private Limited reported revenue of ₹3.46 Cr (up 15% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 236% over three years, including 15% growth in the latest year. EBITDA rose 72% 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 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹32.76 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹12.26 Lakh | ||
| Balance Sheet | |||
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Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 9.5% | ||
| Net Profit Margin | 3.5% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
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| Receivable Days | |||
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| Net Profit Growth | |||
To see the full financial statements and ratios of Solaire Technocrats and Services Private Limited, buy the company report.
Board of directors of Solaire Technocrats and Services Private Limited
Solaire Technocrats and Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kumudvathi Janapala | Director | 19 Nov 2013 | 12 Years 11 Months | Current |
| Venkata Subbarao Chodagam | Director | 19 Nov 2013 | 12 Years 11 Months | Current |
Peer comparison
Solaire Technocrats and Services Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with 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 |
|---|---|---|---|---|---|---|
| MK Electro India Private Limited | ₹3.47 Cr (FY 2025) | -57.0% | Delhi, India | |||
| Kinetic Electricals Pvt Ltd | ₹3.46 Cr (FY 2025) | -27.0% | Secunderabad, Telangana, India | |||
| Solaire Technocrats and Services Private Limitedthis company | ₹3.46 Cr (FY 2017) | ₹12.26 Lakh | 3.5% | 15.0% | Hyderabad, Telangana, India | |
| Scube Airconditioning Private Limited | ₹3.46 Cr (FY 2025) | 1434.0% | Ahmedabad, Gujarat, India | |||
| Racon Bidding and Sourcing Private Limited | ₹3.46 Cr (FY 2021) | 183.0% | Adambakkam, Chennai, Tamil Nadu, India | |||
| Infinity Impex Private Limited | ₹3.45 Cr (FY 2024) | 5.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Solaire Technocrats and Services Private Limited, buy the company report.
Auditor
Solaire Technocrats and Services Private Limited is audited by Ravi Chandra Tummala for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ravi Chandra Tummala | FY 2015 |
Shareholding
The shareholding of Solaire Technocrats and Services Private Limited is on record for FY 2015, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Solaire Technocrats and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Feb 2016 | 100019485 | Karnataka Bank Ltd. | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Solaire Technocrats and Services Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Court case (CC - NI) | Filed against the company by RBL Bank Ltd. Rep by P.Naveen Reddy | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by RBL Bank Ltd | Disposed |
To see the full case history of Solaire Technocrats and Services 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 Solaire Technocrats and Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solaire Technocrats and Services has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Solaire Technocrats and Services Private Limited, buy the company report.
Recent activity
Solaire Technocrats and Services Private Limited has 4 board changes on record since 2013: 2 appointments and 2 cessations. The latest: Jayabharath Reddy Sunkara ceased to be Additional Director on 17 Dec 2016.
Frequently asked questions
Solaire Technocrats and Services is an active private limited company based in Hyderabad, Telangana, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 19 November 2013 (13+ years old) and is registered under CIN U52390TG2013PTC091067.
Solaire Technocrats and Services has 2 current directors:
- Kumudvathi Janapala - Director
- Venkata Subbarao Chodagam - Director
The latest financial statements of Solaire Technocrats and Services on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
No. Solaire Technocrats and Services has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Solaire Technocrats and Services is U52390TG2013PTC091067. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaire Technocrats and Services has 2 court cases on record: 2 filed against it.
Solaire Technocrats and Services was incorporated on 19 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Solaire Technocrats and Services by revenue are MK Electro India Private Limited, Kinetic Electricals Pvt Ltd, Scube Airconditioning Private Limited, Racon Bidding and Sourcing Private Limited, Infinity Impex Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Jayabharath Reddy Sunkara ceased to be Additional Director on 17 Dec 2016. Murali Krishna Angadala ceased to be Director on 17 Aug 2016. Kumudvathi Janapala was appointed as Director on 19 Nov 2013. Solaire Technocrats and Services has 4 board changes on record in total.
The registered office of Solaire Technocrats and Services is at Flat No. 401 Plot No. 339 Manjula Nilayam Ayyappa Society Madhapur, Hyderabad, Telangana, India – 500081.
Solaire Technocrats and Services operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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