Solar Agrotech Pvt Ltd - agriculture in Rajkot, Gujarat, India. FY 2026 financials & compliance.
CIN U01110GJ1994PTC021730 Incorporated 04 April 1994 ROC Ahmedabad HQ Rajkot, Gujarat, India
Active Private Limited Company agriculture
Data last updated
Revenue · FY 2025
₹42.18 Cr
▲ 21% YoY
Net profit · FY 2025
₹29.66 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹2.28 Cr
EBITDA margin 5.4%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹4.19 Lakh
Issued & subscribed
Satisfied charges
₹4.2 Cr
No open charges
Company age
32 yrs
Est. 1994
Directors on board
5
As per MCA filings

About Solar Agrotech Pvt Ltd

Data last updated:

Solar Agrotech Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the seed production and distribution segment of the agriculture sector. It was incorporated on 04 April 1994 and has been in existence for over 32 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U01110GJ1994PTC021730. Its GSTIN is 24AADCS0270L1ZG (Gujarat). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹4.19 Lakh. It is led by directors including Thobhanbhai Lakhabhai Dholaria (Managing Director) and Madhuben Thobhan Dholaria.

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 Survey No. 38/1 Bhaichand Mehta Industrial Estate B/H Hotel Krishna Park NH – 8B Vavdi, Rajkot, Gujarat, India – 360004.

As per the financials filed for FY 2025, the company reported a revenue of ₹42.18 Cr, a growth of 21% compared to the previous year. For the same year it recorded a net profit of ₹29.66 Lakh (net margin 0.7%) and EBITDA of ₹2.28 Cr (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 3% over five years.

The company is associated with 1 brand: Doctor Seeds. As per MCA filings, the company has satisfied charges of ₹4.2 Cr on record. Court records list 32 cases involving the company, including 32 filed against it; 18 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website doctorseeds.com.

Company details

CIN U01110GJ1994PTC021730
Registration Number 021730
Incorporation Date 04 April 1994
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Solar Agrotech Pvt Ltd's registered office is in Rajkot, Gujarat. Its website is doctorseeds.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Survey No. 38/1 Bhaichand Mehta Industrial Estate B/H Hotel Krishna Park NH – 8B Vavdi, Rajkot, Gujarat, India – 360004
  • Industry
    Agriculture, Seed Production & Distribution

To see the full contact details of Solar Agrotech Pvt Ltd, buy the company report.

Comprehensive company report
Solar Agrotech Pvt Ltd - 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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Brands

Solar Agrotech operates one associated brand: Doctor Seeds. Each brand links to its own profile.

BrandDescriptionWebsite
Provides diverse seeds and hybrids for farmers in agricultural production.doctorseeds.com

Business activity

The main business activity of Solar Agrotech is agriculture, forestry, fishing. In detail, this covers production of crops and animals.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
AAgriculture, forestry, fishingA1Production of crops and animals

To see the full business activity and turnover split of Solar Agrotech Pvt Ltd, buy the company report.

Financials of Solar Agrotech Pvt Ltd

FY 2025 filings available

Solar Agrotech Pvt Ltd reported revenue of ₹42.18 Cr (up 21% YoY) for FY 2025.

Revenue · FY 2025
₹42.18 Cr ▲ 21%
Net profit · FY 2025
₹29.66 Lakh margin 0.7%
EBITDA · FY 2025
₹2.28 Cr margin 5.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 21%
3 years · compounded
▲ 13%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▼ 10%
5 years · compounded
▼ 11%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 21% growth in the latest year. EBITDA fell 7% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹2.28 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹29.66 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin5.4%
Net Profit Margin0.7%
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 Solar Agrotech Pvt Ltd, buy the company report.

Board of directors of Solar Agrotech Pvt Ltd

Solar Agrotech has 5 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Madhuben Thobhan DholariaDirector04 Apr 199432 Years 6 MonthsCurrent
Churchil Thobhanbhai DholariaDirector04 Jun 201511 Years 4 MonthsCurrent
Jitendra Mansukhlal KamaniDirector01 Oct 20233 Years 0 MonthsCurrent
Thobhanbhai Lakhabhai DholariaManaging Director04 Apr 199432 Years 6 MonthsCurrent
Denish Thobhanbhai DholariaDirector05 Jan 201511 Years 9 MonthsCurrent

Auditor

Solar Agrotech Pvt Ltd is audited by Y. C. ANARKAT & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Y. C. ANARKAT & ASSOCIATESFY 2022124938W

Shareholding

The shareholding of Solar Agrotech Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solar Agrotech Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹4.2 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹4.00 Cr
Rajkot Peoples Co-Operative Bank Ltd.₹0.20 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Jan 201210327091Hdfc Bank Limited₹4 CrSatisfied
04 Apr 200290100805Rajkot Peoples Co-Operative Bank Ltd.₹20 LakhSatisfied

To see the full charge records of Solar Agrotech Pvt Ltd, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

Solar Agrotech Pvt Ltd has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Solar Agrotech Pvt Ltd, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Solar Agrotech has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
24AADCS0270L1ZGGujaratActive01 Jul 2017
29AADCS0270L1Z6KarnatakaActive19 Apr 2023
27AADCS0270L1ZAMaharashtraActive10 Jun 2024

To see the full GST registrations and return filing status of Solar Agrotech Pvt Ltd, buy the company report.

Recent activity

Solar Agrotech Pvt Ltd has 5 board changes on record since 1994: 5 appointments. The latest: Jitendra Mansukhlal Kamani was appointed as Director on 01 Oct 2023.

AGM
Solar Agrotech Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solar Agrotech Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Jitendra Mansukhlal Kamani was appointed as Director.
Charges
A charge registered on 07 Jan 2012 via Charge ID 10327091 with Hdfc Bank Limited was fully satisfied on 02 Feb 2018.
Appointed
Churchil Thobhanbhai Dholaria was appointed as Director.
Appointed
Denish Thobhanbhai Dholaria was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 10327091 was registered on 07 Jan 2012.
Charges
A charge registered on 04 Apr 2002 via Charge ID 90100805 with Rajkot Peoples Co-Operative Bank Ltd. was fully satisfied on 05 Jan 2012.
Charges
A charge with Rajkot Peoples Co-Operative Bank Ltd. of Rs. 20.00 Lakh registered on 04 Apr 2002 with Charge ID 90100805 was modified on 29 Mar 2011.
Charges
A charge with Rajkot Peoples Co-Operative Bank Ltd. amounted to Rs. 20.00 Lakh with Charge ID 90100805 was registered on 04 Apr 2002.
Appointed
Madhuben Thobhan Dholaria was appointed as Director.
Appointed
Thobhanbhai Lakhabhai Dholaria was appointed as Managing Director.

1 earlier event is in the company report.

Frequently asked questions

Solar Agrotech is an active private limited company based in Rajkot, Gujarat, India. The company works in seed production and distribution, within the agriculture industry. It was incorporated on 04 April 1994 (32+ years old) and is registered under CIN U01110GJ1994PTC021730.

Solar Agrotech has 5 current directors:

The latest financial statements of Solar Agrotech 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 Solar Agrotech is 24AADCS0270L1ZG, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AADCS0270L1Z6 (Karnataka), 27AADCS0270L1ZA (Maharashtra).

The CIN (Corporate Identification Number) of Solar Agrotech is U01110GJ1994PTC021730. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solar Agrotech has 32 court cases on record: 32 filed against it. 18 are pending. Most are in the district courts.

Solar Agrotech was incorporated on 04 April 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Jitendra Mansukhlal Kamani was appointed as Director on 01 Oct 2023. Churchil Thobhanbhai Dholaria was appointed as Director on 04 Jun 2015. Denish Thobhanbhai Dholaria was appointed as Director on 05 Jan 2015. Solar Agrotech has 5 board changes on record in total.

Solar Agrotech has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.

Solar Agrotech can be reached through the website doctorseeds.com. Its registered office is in Rajkot, Gujarat, India.

The registered office of Solar Agrotech is at Survey No. 381 Bhaichand Mehta Industrial Estate BH Hotel Krishna Park NH – 8B Vavdi, Rajkot, Gujarat, India – 360004.