About Solar Hitech Solutions Private Limited
Data last updated:
Solar Hitech Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 19 August 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29253KA2011PTC060048. Its GSTIN is 29AAQCS3546Q1ZA (Karnataka). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹14.98 Lakh. It is led by directors including Navin Rajaram and Rama Subramaniam Sethuraman.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹19.3 Cr, a growth of 16% compared to the previous year. For the same year it recorded a net profit of ₹13.38 Lakh (net margin 0.7%) and EBITDA of ₹56.62 Lakh (EBITDA margin 2.9%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 20% over five years.
The company has about 25 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solar Hitech Solutions. As per MCA filings, the company has open charges of ₹9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solarhitechsolutions.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressSy. No.127/4 Machohalli Gate Industrial Estate, Magadi Main Road, Bangalore, Karnataka, India – 560091
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
- 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 Hitech Solutions Private Limited
The main business activity of Solar Hitech Solutions is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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 Hitech Solutions Private Limited FY 2024 filings available
Solar Hitech Solutions Private Limited reported revenue of ₹19.3 Cr (up 16% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solar Hitech Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 16% growth in the latest year. EBITDA rose 25% 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 Hitech Solutions Private Limited
| 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 | ₹56.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.38 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 Hitech Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Hitech Solutions 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 Hitech Solutions Private Limited
Solar Hitech Solutions Private Limited is compared with the companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Panchatara Industries Private Limited | ₹19.37 Cr (FY 2025) | •••• | •••• | 57.0% | •••• | Kolhapur, Maharashtra, India |
| Sathe Lighting Private Limited | ₹19.35 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Delhi, India |
| Bombay Electrical Projects and Supplies (India) Private Limited | ₹19.35 Cr (FY 2024) | •••• | •••• | -25.0% | •••• | Mumbai, Maharashtra, India |
| Halohop Marketing Private Limited | ₹19.33 Cr (FY 2025) | •••• | •••• | 125.0% | •••• | Mumbai, Maharashtra, India |
| Standard Electrodes Private Limited | ₹19.31 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Hyderabad, Telangana, India |
| Solar Hitech Solutions Private Limited this company | ₹19.3 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Acromax Industries Private Limited | ₹19.3 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | New Delhi, Delhi, India |
| Shizen Energy India Private Limited | ₹19.28 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | Tiruvallur, Tamil Nadu, India |
| Led Lum Lighting Projects LLP | ₹19.22 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Vacro Enterprises Private Limited | ₹19.19 Cr (FY 2025) | •••• | •••• | 1111.0% | •••• | Ahmedabad, Gujarat, India |
| Purplewave India Private Limited | ₹19.08 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Solar Hitech Solutions by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), 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 Hitech Solutions Private Limited
Solar Hitech Solutions Private Limited is audited by Tribhuvan Singh & Company for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Tribhuvan Singh & Company | 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 Hitech Solutions Private Limited
Solar Hitech Solutions has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Navin Rajaram | Director | 01 Feb 2014 | 12 Years 8 Months | Current |
| Rama Subramaniam Sethuraman | Director | 19 Aug 2011 | 15 Years 1 Months | Current |
| Malini Sethuraman | Director | 19 Aug 2011 | 15 Years 1 Months | Current |
| Varun Rajaram | Director | 02 May 2016 | 10 Years 5 Months | Current |
| Rajaram Seshadri Also directs: Erhardt + Leimer (India) Private Limited | Director | 02 May 2016 | 10 Years 5 Months | Current |
Ownership and Shareholding of Solar Hitech Solutions 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 Hitech Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 May 2024 | Axis Bank Limited | ₹6 Cr | Open |
| 29 Jul 2022 | Others | ₹3 Cr | Open |
Total charge records: 2 View all charges
Legal Cases of Solar Hitech Solutions Private Limited
Solar Hitech Solutions Private Limited has 1 court case on record: 1 filed by Solar Hitech Solutions. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against Advait Enterprises | Disposed |
Full case history
All 1 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.
Associated Brands with Solar Hitech Solutions Private Limited
Solar Hitech Solutions operates one associated brand: Solar Hitech Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Designs, manufactures, and delivers solar thermal and photovoltaic solutions for energy efficiency. | solarhitechsolutions.in |
Employees and EPFO Compliance at Solar Hitech Solutions Private Limited
Solar Hitech Solutions Private Limited has a workforce of 25 employees as of Apr 07, 2024.
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 Hitech Solutions Private Limited
Solar Hitech Solutions Private Limited has 7 board changes on record since 2011: 5 appointments and 2 cessations. The latest: Rajaram Seshadri ceased to be Additional Director on 29 Sep 2016.
Credit Ratings, Litigation & Regulatory Alerts for Solar Hitech Solutions 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 Hitech Solutions 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 Hitech Solutions 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 Hitech Solutions Private Limited
Solar Hitech Solutions has 6 GST registrations: 2 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS3546Q1ZA | Karnataka | Active | 01 Jul 2017 |
| 33AAQCS3546Q1ZL | Tamil Nadu | 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 Hitech Solutions 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 Hitech Solutions Private Limited
Solar Hitech Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 19 August 2011 (15+ years old) and is registered under CIN U29253KA2011PTC060048.
Solar Hitech Solutions reported revenue of ₹19.3 Cr for FY 2025 (up 16% YoY).
Solar Hitech Solutions has 5 current directors:
- Navin Rajaram - Director
- Rama Subramaniam Sethuraman - Director
- Malini Sethuraman - Director
- Varun Rajaram - Director
- Rajaram Seshadri - Director
Solar Hitech Solutions reported a net profit of ₹13.38 Lakh (net margin 0.7%) and EBITDA of ₹56.62 Lakh (EBITDA margin 2.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solar Hitech Solutions is 13% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 16%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solar Hitech Solutions is 29AAQCS3546Q1ZA, registered in Karnataka. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 33AAQCS3546Q1ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Solar Hitech Solutions is U29253KA2011PTC060048. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Hitech Solutions has 1 court case on record: 1 filed by the company.
Solar Hitech Solutions was incorporated on 19 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Solar Hitech Solutions by revenue are Panchatara Industries Private Limited, Sathe Lighting Private Limited, Bombay Electrical Projects and Supplies (India) Private Limited, Halohop Marketing Private Limited, Standard Electrodes Private Limited and 5 more, all in the Consumer Durables industry (Electronic Appliances Manufacturing).
Rajaram Seshadri ceased to be Additional Director on 29 Sep 2016. Varun Rajaram ceased to be Additional Director on 29 Sep 2016. Rajaram Seshadri was appointed as Director on 02 May 2016. Solar Hitech Solutions has 7 board changes on record in total.