
Solar Packaging Private Limited
About Solar Packaging Private Limited
Data last updated:
Solar Packaging Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 September 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74950MH1969PTC014381. Its GSTIN is 27AAACS7342G1ZD (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹9.9 Lakh. It is led by directors Pradeep Satyanarayan Jatwala and Ajay Kamal Poddar.
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 202 Ashford Chambers Lady Jamshedji Road Mahim (West), Mumbai, Maharashtra, India – 400016.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.55 Lakh, a decline of 53% compared to the previous year. For the same year it recorded a net loss of ₹3.21 Lakh (net margin -10.5%) and EBITDA of ₹2.2 Lakh (EBITDA margin 7.2%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 63% over five years.
As per MCA filings, the company has open charges of ₹1.38 Cr and satisfied charges of ₹28 Lakh on record. Court records list 26 cases involving the company, including 15 filed by the company and 11 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Solar Packaging Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address202 Ashford Chambers Lady Jamshedji Road Mahim (West), Mumbai, Maharashtra, India – 400016
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Solar Packaging Private Limited, 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
Business activity
The main business activity of Solar Packaging is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Solar Packaging Private Limited, buy the company report.
Financials of Solar Packaging Private Limited
FY 2025 filings availableSolar Packaging Private Limited reported revenue of ₹30.55 Lakh (down 53% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 63% over five years, including a 53% fall in the latest year. EBITDA fell 63% 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 | ₹2.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.21 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 | 7.2% | ||||
| Net Profit Margin | -10.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Solar Packaging Private Limited, buy the company report.
Board of directors of Solar Packaging Private Limited
Solar Packaging has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pradeep Satyanarayan Jatwala Also directs: Futuristic Securities Limited, Pepega ( Insulation and Packaging ) Private Limited, Nandini Chemicals Limited and 3 more | Director | 07 Nov 2009 | 17 Years 0 Months | Current |
| Ajay Kamal Poddar | Director | 22 Dec 1997 | 28 Years 10 Months | Current |
Auditor
Solar Packaging Private Limited is audited by SINGHI & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGHI & COMPANY | FY 2023 | 110283W |
Shareholding
The shareholding of Solar Packaging Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solar Packaging Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Dec 2018 | 100228906 | Others | ₹1.38 Cr | Open | |
| 29 Apr 1993 | 80037348 | State Bank of Saurashtra | ₹28 Lakh | Satisfied |
To see the full charge records of Solar Packaging Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Solar Packaging Private Limited has 26 court cases on record: 15 filed by Solar Packaging, 11 filed against it. 1 case is pending and 25 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 8 | 0 |
| District courts | 4 | 0 | 1 |
| Supreme Court | 3 | 3 | 0 |
Cases on record (5 of 26)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Execution petition | Filed by the company against M/S.Lok Housing and Constructions Ltd. | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Lok Housing and Constructions Ltd. | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Lok Housing and Constructions Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed by the company against Videocon International Ltd. | Disposed |
| Bombay High Court | Court case (SS) | Filed by the company against Videocon International Ltd. | Disposed |
To see the full case history of Solar Packaging Private Limited, 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
No delayed payments to MSME suppliers are on our record for Solar Packaging Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solar Packaging has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACS7342G1ZD | Maharashtra | Active | 01 Jul 2017 |
| 05AAACS7342G1ZJ | Uttarakhand | Active | 16 Jan 2022 |
To see the full GST registrations and return filing status of Solar Packaging Private Limited, buy the company report.
Recent activity
Solar Packaging Private Limited has 5 board changes on record since 1997: 2 appointments and 3 cessations. The latest: Sanjeev Khanna ceased to be Director on 05 Jan 2016.
Frequently asked questions
Solar Packaging is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 September 1969 (57+ years old) and is registered under CIN U74950MH1969PTC014381.
Solar Packaging has 2 current directors:
- Pradeep Satyanarayan Jatwala - Director
- Ajay Kamal Poddar - Director
The latest financial statements of Solar Packaging 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 Packaging is 27AAACS7342G1ZD, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 05AAACS7342G1ZJ (Uttarakhand).
The CIN (Corporate Identification Number) of Solar Packaging is U74950MH1969PTC014381. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solar Packaging has 26 court cases on record: 15 filed by the company and 11 filed against it. 1 is pending. Most are in the high courts.
Solar Packaging was incorporated on 12 September 1969, making it 57+ years old. It is registered with the Registrar of Companies, Mumbai.
Sanjeev Khanna ceased to be Director on 05 Jan 2016. Pradeep Satyanarayan Jatwala ceased to be Additional Director on 29 Sep 2010. Anil Mahabirprasad Gadodia ceased to be Director on 11 Nov 2009. Solar Packaging has 5 board changes on record in total.
The registered office of Solar Packaging is at 202 Ashford Chambers Lady Jamshedji Road Mahim West, Mumbai, Maharashtra, India – 400016.
Solar Packaging operates in the home and lifestyle industry, in the textile retail and distribution segment.

