
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
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
- Website
- Social Media
- Registered AddressSurvey No. 38/1 Bhaichand Mehta Industrial Estate B/H Hotel Krishna Park NH – 8B Vavdi, Rajkot, Gujarat, India – 360004
- IndustryAgriculture, Seed Production & Distribution
To see the full contact details of Solar Agrotech Pvt Ltd, 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
Brands
Solar Agrotech operates one associated brand: Doctor Seeds. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| 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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A1 | Production 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 availableSolar Agrotech Pvt Ltd reported revenue of ₹42.18 Cr (up 21% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.7% | ||||
| 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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhuben Thobhan Dholaria | Director | 04 Apr 1994 | 32 Years 6 Months | Current |
| Churchil Thobhanbhai Dholaria Also directs: Cistronics Technovations Private Limited, Dr. Dholaria Agricultural Foundation, Cistronics Pesticides LLP and 1 more | Director | 04 Jun 2015 | 11 Years 4 Months | Current |
| Jitendra Mansukhlal Kamani Also directs: Innovative Transgenics Private Limited | Director | 01 Oct 2023 | 3 Years 0 Months | Current |
| Thobhanbhai Lakhabhai Dholaria Also directs: Scintilla Agritech Private Limited, Innovative Transgenics Private Limited, Cistronics Technovations Private Limited and 2 more | Managing Director | 04 Apr 1994 | 32 Years 6 Months | Current |
| Denish Thobhanbhai Dholaria Also directs: Dr. Dholaria Agricultural Foundation | Director | 05 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Solar Agrotech Pvt Ltd is audited by Y. C. ANARKAT & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y. C. ANARKAT & ASSOCIATES | FY 2022 | 124938W |
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 category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 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
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jan 2012 | 10327091 | Hdfc Bank Limited | ₹4 Cr | Satisfied | |
| 04 Apr 2002 | 90100805 | Rajkot Peoples Co-Operative Bank Ltd. | ₹20 Lakh | Satisfied |
To see the full charge records of Solar Agrotech Pvt Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Solar Agrotech Pvt Ltd has 32 court cases on record: 32 filed against it. 18 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 29 | 18 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 32)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Aurangabad, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra | Pending |
| District court, Mahabubnagar, Telangana | Criminal case | Filed against the company | Pending |
| District court, Jalgaon, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra | Pending |
| District court, Dhule, Maharashtra | Court case (R.C.C.) | Filed against the company by State of Maharashtra Throug Arun Shriram Tayde, Seed Inspector | Pending |
| District court, Ajmer, Rajasthan | Criminal case | Filed against the company by State | Pending |
To see the full case history of Solar Agrotech Pvt Ltd, 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
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)
| Supplier | Amount due | Due since | Reported 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.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS0270L1ZG | Gujarat | Active | 01 Jul 2017 |
| 29AADCS0270L1Z6 | Karnataka | Active | 19 Apr 2023 |
| 27AADCS0270L1ZA | Maharashtra | Active | 10 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.
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:
- Thobhanbhai Lakhabhai Dholaria - Managing Director
- Madhuben Thobhan Dholaria - Director
- Churchil Thobhanbhai Dholaria - Director
- Jitendra Mansukhlal Kamani - Director
- Denish Thobhanbhai Dholaria - Director
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.

