MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-17-0008126
Solaire Tyre Private Limited - automotive in Patiala, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹70.38 Cr
▲ 27% YoY
Net profit · FY 2024
₹94.02 Lakh
Net margin 1.3%
EBITDA · FY 2024
₹2.89 Cr
EBITDA margin 4.1%
Authorised capital
₹1.1 Cr
Registered with MCA
Paid-up capital
₹1.01 Cr
Issued & subscribed
Open charges
₹20.41 Cr
Satisfied ₹34.61 Cr
Company age
12 yrs
Est. 2014
Directors on board
3
As per MCA filings
About Solaire Tyre Private Limited
Data last updated:
Solaire Tyre Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 09 September 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U50300PB2014PTC038905. Its GSTIN is 03AAUCS8936J1ZM (Punjab). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.01 Cr. It is led by directors including Dharminder Pal and Rajesh Singla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Jhill Near Petrol Pump Main Sirhind Road, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2024, the company reported a revenue of ₹70.38 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹94.02 Lakh (net margin 1.3%) and EBITDA of ₹2.89 Cr (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹20.41 Cr and satisfied charges of ₹34.61 Cr on record.
Solaire Tyre Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-17-0008126). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website bkt-tires.com.
Company details
CIN U50300PB2014PTC038905
Registration Number 038905
Incorporation Date 09 September 2014
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-17-0008126
Recognitions & Rankings of Solaire Tyre
Contact details
Solaire Tyre Private Limited's registered office is in Patiala, Punjab. Its website is bkt-tires.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressJhill Near Petrol Pump Main Sirhind Road, Patiala, Punjab, India – 147001
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Solaire Tyre Private Limited, buy the company report.
Comprehensive company report
Solaire Tyre Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Solaire Tyre is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solaire Tyre Private Limited, buy the company report.
Financials of Solaire Tyre Private Limited
FY 2025 filings availableSolaire Tyre Private Limited reported revenue of ₹70.38 Cr (up 27% YoY) for FY 2024.
Revenue · FY 2024
₹70.38 Cr ▲ 27%
Net profit · FY 2024
₹94.02 Lakh margin 1.3%
EBITDA · FY 2024
₹2.89 Cr margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 25%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 37%
5 years · compounded
▲ 37%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 27% growth in the latest year. EBITDA rose 49% 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 | ₹2.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹94.02 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 | 4.1% | ||||
| Net Profit Margin | 1.3% | ||||
| 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 Solaire Tyre Private Limited, buy the company report.
Board of directors of Solaire Tyre Private Limited
Solaire Tyre has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dharminder Pal | Director | 09 Sep 2014 | 12 Years 2 Months | Current |
| Rajesh Singla | Director | 21 Jan 2015 | 11 Years 9 Months | Current |
| Ishwar Singla | Director | 09 Sep 2014 | 12 Years 2 Months | Current |
Peer comparison
Solaire Tyre Private Limited is compared with the 6 companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tristar Cars Private Limited | ₹70.64 Cr (FY 2025) | 1.0% | Nagpur, Maharashtra, India | |||
| Pilot 2 Wheelers Private Limited | ₹70.5 Cr (FY 2021) | -32.0% | Mumbai, Maharashtra, India | |||
| Tri-Colour Auto Private Limited | ₹70.46 Cr (FY 2025) | 55.0% | Miraj, Maharashtra, India | |||
| Solaire Tyre Private Limitedthis company | ₹70.38 Cr (FY 2024) | ₹94.02 Lakh | 1.3% | 27.0% | Patiala, Punjab, India | |
| Payel Motors Private Limited | ₹70.19 Cr (FY 2024) | 19.0% | Medinipur, West Bengal, India | |||
| GRS Motors Private Limited | ₹69.79 Cr (FY 2025) | -61.0% | Uttar Pradesh, India | |||
| SSB Automobiles Private Limited | ₹69.77 Cr (FY 2025) | 4.0% | Guwahati, Assam, India |
To see the full peer comparison of Solaire Tyre Private Limited, buy the company report.
Auditor
Solaire Tyre Private Limited is audited by SANJIV VINOD & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJIV VINOD & ASSOCIATES | FY 2020 | 003992N |
Shareholding
The shareholding of Solaire Tyre Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Solaire Tyre Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20.41 Cr
Satisfied charges
₹34.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2025 | 101190522 | Others | ₹14.11 Lakh | Open | |
| 19 Sep 2025 | 101164720 | Others | ₹20 Cr | Open | |
| 08 Jul 2024 | 100948568 | Hdfc Bank Limited | ₹10 Lakh | Open | |
| 06 Feb 2024 | 100866885 | Hdfc Bank Limited | ₹17 Lakh | Open | |
| 06 Feb 2024 | 100866876 | Hdfc Bank Limited | ₹17 Lakh | Satisfied |
To see the full charge records of Solaire Tyre Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
No court or tribunal cases involving Solaire Tyre 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 Solaire Tyre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solaire Tyre has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAUCS8936J1ZM | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solaire Tyre Private Limited, buy the company report.
Recent activity
Solaire Tyre Private Limited has 3 board changes on record since 2014: 3 appointments. The latest: Rajesh Singla was appointed as Director on 21 Jan 2015.
Charges
A charge registered on 09 Aug 2021 via Charge ID 100480956 with Hdfc Bank Limited was fully satisfied on 12 Dec 2025.
Charges
A charge registered on 06 Feb 2024 via Charge ID 100866876 with Hdfc Bank Limited was fully satisfied on 30 Nov 2025.
Charges
A charge registered on 11 Mar 2022 via Charge ID 100569147 with Hdfc Bank Limited was fully satisfied on 28 Nov 2025.
Charges
A charge with Others amounted to Rs. 0.14 Cr with Charge ID 101190522 was registered on 31 Oct 2025.
AGM
Solaire Tyre Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 20.00 Cr with Charge ID 101164720 was registered on 19 Sep 2025.
Filing
Solaire Tyre Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited of Rs. 20.28 Cr registered on 09 Aug 2021 with Charge ID 100480956 was modified on 26 Jan 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100948568 was registered on 08 Jul 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100866885 was registered on 06 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.17 Cr with Charge ID 100866876 was registered on 06 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 100569147 was registered on 11 Mar 2022.
18 earlier events are in the company report.
News
Frequently asked questions
Solaire Tyre is an active private limited company based in Patiala, Punjab, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 09 September 2014 (12+ years old) and is registered under CIN U50300PB2014PTC038905.
Solaire Tyre has 3 current directors:
- Dharminder Pal - Director
- Rajesh Singla - Director
- Ishwar Singla - Director
The latest financial statements of Solaire Tyre on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solaire Tyre is 03AAUCS8936J1ZM, registered in Punjab. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solaire Tyre is U50300PB2014PTC038905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaire Tyre was incorporated on 09 September 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Solaire Tyre by revenue are Tristar Cars Private Limited, Pilot 2 Wheelers Private Limited, Tri-Colour Auto Private Limited, Payel Motors Private Limited, GRS Motors Private Limited and 1 more, all in the Automobiles industry (Auto and Components Dealers), with the same principal business activity (retail trading).
Rajesh Singla was appointed as Director on 21 Jan 2015. Dharminder Pal was appointed as Director on 09 Sep 2014. Ishwar Singla was appointed as Director on 09 Sep 2014.
Yes, Solaire Tyre is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-17-0008126).
Solaire Tyre can be reached through the website bkt-tires.com. Its registered office is in Patiala, Punjab, India.
The registered office of Solaire Tyre is at Jhill Near Petrol Pump Main Sirhind Road, Patiala, Punjab, India – 147001.
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