About Solar Equipment Private Limited
Data last updated:
Solar Equipment Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 December 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U32100GJ1997PTC033498. Its GSTIN is 24AABCS9476N1ZO (Gujarat).
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹40.48 Lakh. It is led by directors Ashita Jatin Tarkas and Jatin Anupam Tarkas.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 749/6 GIDC Industrial Estate Makarpura, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2024, the company reported a revenue of ₹7 Cr, a decline of 39% compared to the previous year. For the same year it recorded a net profit of ₹3.83 Lakh (net margin 0.5%) and EBITDA of ₹23.49 Lakh (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 14% over five years.
As per MCA filings, the company has satisfied charges of ₹4.95 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is 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 solarchemequip.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address749/6 GIDC Industrial Estate Makarpura, Vadodara, Gujarat, India – 390010
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
- 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 Solar Equipment Private Limited
The main business activity of Solar Equipment is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Solar Equipment Private Limited FY 2024 filings available
Solar Equipment Private Limited reported revenue of ₹7 Cr (down 39% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solar Equipment Private Limited
Revenue fell 39% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 4% 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 Solar Equipment Private Limited
| 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 | ₹23.49 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.83 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 Solar Equipment Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Solar Equipment 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 Solar Equipment Private Limited
Solar Equipment Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ganesh Ansh Manufacturing Private Limited | ₹7.09 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Raipur, Chhattisgarh, India |
| Scantech Laser Private Limited | ₹7.09 Cr (FY 2024) | •••• | •••• | 26.0% | •••• | Navi Mumbai, Maharashtra, India |
| Zenith Weldaids Private Limited | ₹7.02 Cr (FY 2024) | •••• | •••• | 62.0% | •••• | Uttar Pradesh, India |
| Deligent Ginning Machinery Private Limited | ₹7.02 Cr (FY 2025) | •••• | •••• | 106.0% | •••• | Ahmedabad, Gujarat, India |
| D.P. Panchal Sons Private Limited | ₹7.01 Cr (FY 2025) | •••• | •••• | 43.0% | •••• | Uttar Pradesh, India |
| Solar Equipment Private Limited this company | ₹7 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Vadodara, Gujarat, India |
| Ms Seisakusho India Private Limited | ₹6.99 Cr (FY 2025) | •••• | •••• | -25.0% | •••• | New Delhi, Delhi, India |
| Adithya Beverages Vending Solutions Private Limited | ₹6.99 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | Chennai, Tamil Nadu, India |
| TQ Teknologies Private Limited | ₹6.99 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Coimbatore, Tamil Nadu, India |
| Sheth Printograph Private Limited | ₹6.97 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | New Delhi, Delhi, India |
| Abp Energytek Industries Private Limited | ₹6.95 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Solar Equipment by revenue in the Machinery and Equipment industry (Process Machinery), 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 Solar Equipment Private Limited
Solar Equipment Private Limited is audited by MUKUND & ROHIT for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MUKUND & ROHIT | 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 Solar Equipment Private Limited
Solar Equipment has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashita Jatin Tarkas | Director | 29 Dec 1997 | 28 Years 9 Months | Current |
| Jatin Anupam Tarkas | Director | 29 Dec 1997 | 28 Years 9 Months | Current |
Ownership and Shareholding of Solar Equipment 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 Solar Equipment Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 May 1997 | State Bank of India | ₹2.35 Cr | Satisfied |
| 30 Apr 1997 | State Bank of India | ₹85 Lakh | Satisfied |
| 06 Nov 1996 | State Bank of India | ₹1.3 Cr | Satisfied |
| 13 Mar 1996 | State Bank of India | ₹45 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Solar Equipment Private Limited
Solar Equipment Private Limited has 6 court cases on record: 2 filed by Solar Equipment, 4 filed against it. 1 case is pending and 5 are disposed. Status as checked between 01 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 2 | 2 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against Projects Pvt Ltd | Disposed |
| High Court of Gujarat | Appeal | Filed against the company by Deputy Director, Esic Corporation | Pending |
| High Court of Gujarat | Appeal | Filed against the company by Deputy Director, Esic Corporation | Disposed |
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (M.C.C. ULP) | Filed against the company by an individual | Disposed |
Full case history
All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Solar Equipment Private Limited
Employment history and EPFO contributions of people linked to Solar Equipment.
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 Solar Equipment Private Limited
Solar Equipment Private Limited has 2 board changes on record since 1997: 2 appointments. The latest: Ashita Jatin Tarkas was appointed as Director on 29 Dec 1997.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solar Equipment 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 Solar Equipment 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 Solar Equipment 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 Solar Equipment Private Limited
Solar Equipment has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCS9476N1ZO | Gujarat | 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 Solar Equipment 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 Solar Equipment Private Limited
Solar Equipment is an active private limited company based in Vadodara, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 December 1997 (29+ years old) and is registered under CIN U32100GJ1997PTC033498.
Solar Equipment reported revenue of ₹7 Cr for FY 2024 (down 39% YoY).
Solar Equipment has 2 current directors:
- Ashita Jatin Tarkas - Director
- Jatin Anupam Tarkas - Director
Solar Equipment reported a net profit of ₹3.83 Lakh (net margin 0.5%) and EBITDA of ₹23.49 Lakh (EBITDA margin 3.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solar Equipment is 7% over three years and 14% over five years. In the latest year (FY 2024) revenue fell 39%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solar Equipment is 24AABCS9476N1ZO, registered in Gujarat.
The CIN (Corporate Identification Number) of Solar Equipment is U32100GJ1997PTC033498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Equipment has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending. Most are in the district courts.
Solar Equipment was incorporated on 29 December 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solar Equipment by revenue are Shree Ganesh Ansh Manufacturing Private Limited, Scantech Laser Private Limited, Zenith Weldaids Private Limited, Deligent Ginning Machinery Private Limited, D.P. Panchal Sons Private Limited and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Ashita Jatin Tarkas was appointed as Director on 29 Dec 1997. Jatin Anupam Tarkas was appointed as Director on 29 Dec 1997.