Solar Soles Private Limited

Solar Soles Private Limited - consumer goods in Tamil Nadu, India. FY 2026 financials & compliance.
CIN U19112TN2004PTC054760 Incorporated 24 November 2004 ROC Chennai HQ Tamil Nadu, India
Active Private Limited Company consumer goods MSME · Small
Data last updated
Revenue · FY 2025
₹41.88 Cr
▲ 48% YoY
Net loss · FY 2025
₹3.35 Cr
Net margin -8%
EBITDA · FY 2025
-₹3.16 Cr
EBITDA margin -7.6%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹11.76 Lakh
Issued & subscribed
Company age
22 yrs
Est. 2004
Employees · EPFO
319
Provident fund records
Directors on board
2
As per MCA filings

About Solar Soles Private Limited

Data last updated:

Solar Soles Private Limited is a private limited company based in Tamil Nadu, India. It operates in the footwear manufacturing segment of the consumer goods sector. It was incorporated on 24 November 2004 and has been in existence for over 22 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U19112TN2004PTC054760. Its GSTIN is 33AAICS5736Q1ZP (Tamil Nadu).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹11.76 Lakh. It is led by directors Malack Akber Hussain and Akther Hussain Malack.

Its last annual general meeting (AGM) was held on 17 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.266 Periyar Evr High Roadkilpauk Chennai 600 010, Tamil Nadu, India.

As per the financials filed for FY 2025, the company reported a revenue of ₹41.88 Cr, a growth of 48% compared to the previous year. For the same year it recorded a net loss of ₹3.35 Cr (net margin -8%) and EBITDA of -₹3.16 Cr (EBITDA margin -7.6%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 8% over five years.

The company has about 319 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed by the company.

Solar Soles Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0047032). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U19112TN2004PTC054760
Registration Number 054760
Incorporation Date 24 November 2004
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 17 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0047032

Recognitions & Rankings of Solar Soles

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-02-0047032

Contact details

Solar Soles Private Limited's registered office is in Tamil Nadu. Its e-mail address is in the company report.

  • Email
  • Registered Address
    No.266 Periyar Evr High Roadkilpauk Chennai 600 010, Tamil Nadu, India
  • Industry
    Consumer Goods, Footwear Manufacturing

To see the full contact details of Solar Soles Private Limited, buy the company report.

Comprehensive company report
Solar Soles Private Limited - 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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Business activity

The main business activity of Solar Soles is manufacturing. In detail, this covers textile, leather and other apparel products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC2Textile, leather and other apparel products

To see the full business activity and turnover split of Solar Soles Private Limited, buy the company report.

Financials of Solar Soles Private Limited

FY 2025 filings available

Solar Soles Private Limited reported revenue of ₹41.88 Cr (up 48% YoY) for FY 2025.

Revenue · FY 2025
₹41.88 Cr ▲ 48%
Net loss · FY 2025
₹3.35 Cr margin -8%
EBITDA · FY 2025
-₹3.16 Cr margin -7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 48%
3 years · compounded
▲ 13%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▲ 32%
3 years · compounded
▼ 57%
5 years · compounded
▼ 23%

Revenue rose 48% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 8%. EBITDA rose 32% 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-₹3.16 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹3.35 Cr
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 Margin-7.6%
Net Profit Margin-8%
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 Soles Private Limited, buy the company report.

Board of directors of Solar Soles Private Limited

Solar Soles has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Malack Akber HussainDirector30 Nov 200421 Years 10 MonthsCurrent
Akther Hussain MalackDirector30 Nov 200421 Years 10 MonthsCurrent

Peer comparison

Solar Soles Private Limited is compared with the 8 companies closest to it by revenue in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Gaitonde Leathers and Accessories Private Limited₹42.93 Cr (FY 2025)12.0%Chennai, Tamil Nadu, India
Palms Active Private Limited₹42.78 Cr (FY 2024)Vellore, Tamil Nadu, India
Aryman Footwear Exports Private Limited₹42.27 Cr (FY 2025)-11.0%Agra, Uttar Pradesh, India
Marshal HMB Private Limited₹42.12 Cr (FY 2024)10.0%Kanpur, Uttar Pradesh, India
Solar Soles Private Limitedthis company₹41.88 Cr (FY 2025)-₹3.35 Cr-8%48.0%319Tamil Nadu, India
City Walk Footwear Private Limited₹41.87 Cr (FY 2025)-12.0%Bahadurgarh, Haryana, India
Iatric Industries Private Limited₹41.63 Cr (FY 2025)-13.0%Delhi, India
I A Leather (India) Private Limited₹41.57 Cr (FY 2025)0.0%Uttar Pradesh, India
VPR Footsteps Private Limited₹41.41 Cr (FY 2024)4.0%Delhi, India

To see the full peer comparison of Solar Soles Private Limited, buy the company report.

Auditor

Solar Soles Private Limited is audited by D SAMPATHKUMAR & CO for the financial year 2022.

Auditor firmFinancial yearFirm registration number
D SAMPATHKUMAR & COFY 2022003556S

Shareholding

The shareholding of Solar Soles Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

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

To see the full shareholding pattern of Solar Soles Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solar Soles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Solar Soles Private Limited has a workforce of 319 employees on its EPFO records as of Mar 20, 2024, across 1 active EPFO establishment.

Employee count
319
Active EPFO establishments
1
Employee growth
-12.6%

GST

Solar Soles has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AAICS5736Q1ZPTamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Solar Soles Private Limited, buy the company report.

Recent activity

Solar Soles Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Akther Hussain Malack was appointed as Director on 30 Nov 2004.

AGM
Solar Soles Private Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records.
Filing
Solar Soles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Akther Hussain Malack was appointed as Director.
Appointed
Malack Akber Hussain was appointed as Director.
Incorporation
24 Nov 2004
Solar Soles Private Limited was registered on 24 Nov 2004 with Roc Chennai & aged 21 years 11 months as per MCA records.

Frequently asked questions

Solar Soles is an active private limited company based in Tamil Nadu, India. The company works in footwear manufacturing, within the consumer goods industry. It was incorporated on 24 November 2004 (22+ years old) and is registered under CIN U19112TN2004PTC054760.

Solar Soles has 2 current directors:

The latest financial statements of Solar Soles on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 17 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Solar Soles is 33AAICS5736Q1ZP, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Solar Soles is U19112TN2004PTC054760. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solar Soles has 1 court case on record: 1 filed by the company.

Solar Soles was incorporated on 24 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.

The peers of Solar Soles by revenue are Gaitonde Leathers and Accessories Private Limited, Palms Active Private Limited, Aryman Footwear Exports Private Limited, Marshal HMB Private Limited, City Walk Footwear Private Limited and 3 more, all in the Consumer Products industry (Footwear Manufacturers), with the same principal business activity (textile, leather and other apparel products).

Akther Hussain Malack was appointed as Director on 30 Nov 2004. Malack Akber Hussain was appointed as Director on 30 Nov 2004.

Yes, Solar Soles is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0047032).

The registered office of Solar Soles is at No.266 Periyar Evr High Roadkilpauk Chennai 600 010, Tamil Nadu, India.