MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-23-0026236
Solarika India Private Limited - consumer electronics & durables in Nashik, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.35 Cr
▼ 90% YoY
Net loss · FY 2025
₹23.36 Lakh
Net margin -17.3%
EBITDA · FY 2025
-₹16.52 Lakh
EBITDA margin -12.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.8 Cr
No open charges
Company age
13 yrs
Est. 2013
Directors on board
3
As per MCA filings
About Solarika India Private Limited
Data last updated:
Solarika India Private Limited is a private limited company based in Nashik, Maharashtra, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 18 June 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93030MH2013PTC244615. Its GSTIN is 27AATCS4046E1Z3 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ketaki Uday Yeole and Uday Ramesh Yeole.
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 Nashik, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.35 Cr, a decline of 90% compared to the previous year. For the same year it recorded a net loss of ₹23.36 Lakh (net margin -17.3%) and EBITDA of -₹16.52 Lakh (EBITDA margin -12.2%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 22% over five years.
As per MCA filings, the company has satisfied charges of ₹1.8 Cr on record.
Solarika India Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-23-0026236). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solarika.net.
Company details
CIN U93030MH2013PTC244615
Registration Number 244615
Incorporation Date 18 June 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-23-0026236
Recognitions & Rankings of Solarika India
Contact details
Solarika India Private Limited's registered office is in Nashik, Maharashtra. Its website is solarika.net. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No L – 6 Gala No. 12, Shramsaflya Industrial Premises MIDC Ambad, Nashik, Maharashtra, India – 422010
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Solarika India Private Limited, buy the company report.
Comprehensive company report
Solarika India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Solarika India is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Solarika India Private Limited, buy the company report.
Financials of Solarika India Private Limited
FY 2025 filings availableSolarika India Private Limited reported revenue of ₹1.35 Cr (down 90% YoY) for FY 2025.
Revenue · FY 2025
₹1.35 Cr ▼ 90%
Net loss · FY 2025
₹23.36 Lakh margin -17.3%
EBITDA · FY 2025
-₹16.52 Lakh margin -12.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 90%
3 years · compounded
▼ 20%
5 years · compounded
▼ 22%
EBITDA CAGR growth
1 year
▼ 144%
3 years · compounded
▼ 115%
5 years · compounded
▼ 22%
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 90% fall in the latest year. EBITDA fell 144% 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 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | -₹16.52 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹23.36 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -12.2% | ||||
| Net Profit Margin | -17.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Solarika India Private Limited, buy the company report.
Board of directors of Solarika India Private Limited
Solarika India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ketaki Uday Yeole Also directs: Solarika Technocrats Private Limited | Director | 01 Jun 2023 | 3 Years 4 Months | Current |
| Uday Ramesh Yeole Also directs: Hexis Ventures LLP, Solarika Technocrats Private Limited | Director | 18 Jun 2013 | 13 Years 4 Months | Current |
| Nilesh Yuvraj Jadhav | Director | 18 Jun 2013 | 13 Years 4 Months | Current |
Peer comparison
Solarika India Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quadlex Electric Private Limited | ₹1.36 Cr (FY 2024) | -22.0% | Noida, Uttar Pradesh, India | |||
| Solarika India Private Limitedthis company | ₹1.35 Cr (FY 2025) | -₹23.36 Lakh | -17.3% | -90.0% | Nashik, Maharashtra, India | |
| Eazykart Merchandise Private Limited | ₹1.35 Cr (FY 2024) | 332.0% | Ghaziabad, Uttar Pradesh, India | |||
| Cinni Private Limited | ₹1.35 Cr (FY 2025) | 200.0% | Varanasi, Uttar Pradesh, India |
To see the full peer comparison of Solarika India Private Limited, buy the company report.
Auditor
Solarika India Private Limited is audited by SANDEEP KHANDELWAL & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANDEEP KHANDELWAL & CO | FY 2022 | 118584W |
Shareholding
The shareholding of Solarika India Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solarika India Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹1.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jun 2020 | 100341682 | Sidbi | ₹1.8 Cr | Satisfied |
To see the full charge records of Solarika India Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solarika India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solarika India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solarika India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AATCS4046E1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solarika India Private Limited, buy the company report.
Recent activity
Solarika India Private Limited has 4 board changes on record since 2013: 3 appointments and 1 cessation. The latest: Ketaki Uday Yeole was appointed as Director on 01 Jun 2023.
AGM
Solarika India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solarika India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Charges
A charge registered on 18 Jun 2020 via Charge ID 100341682 with Sidbi was fully satisfied on 01 Jan 2024.
Appointed
Ketaki Uday Yeole was appointed as Director.
Ceased
Nilesh Ramesh Sawant ceased to be Director.
Charges
A charge with Sidbi amounted to Rs. 180.00 Lakh with Charge ID 100341682 was registered on 18 Jun 2020.
Appointed
Nilesh Yuvraj Jadhav was appointed as Director.
Appointed
Uday Ramesh Yeole was appointed as Director.
Incorporation
18 Jun 2013
Solarika India Private Limited was registered on 18 Jun 2013 with Roc Mumbai & aged 13 years 4 months as per MCA records.
Frequently asked questions
Solarika India is an active private limited company based in Nashik, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 18 June 2013 (13+ years old) and is registered under CIN U93030MH2013PTC244615.
Solarika India has 3 current directors:
- Ketaki Uday Yeole - Director
- Uday Ramesh Yeole - Director
- Nilesh Yuvraj Jadhav - Director
The latest financial statements of Solarika India 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 Solarika India is 27AATCS4046E1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solarika India is U93030MH2013PTC244615. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solarika India was incorporated on 18 June 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solarika India by revenue are Quadlex Electric Private Limited, Eazykart Merchandise Private Limited, Cinni Private Limited, all in the Consumer Durables industry (Electronic Appliances Manufacturing), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ketaki Uday Yeole was appointed as Director on 01 Jun 2023. Nilesh Ramesh Sawant ceased to be Director on 15 Dec 2021. Nilesh Yuvraj Jadhav was appointed as Director on 18 Jun 2013. Solarika India has 4 board changes on record in total.
Yes, Solarika India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-23-0026236).
Solarika India can be reached through the website solarika.net. Its registered office is in Nashik, Maharashtra, India.
The registered office of Solarika India is at Plot No L – 6 Gala No. 12, Shramsaflya Industrial Premises MIDC Ambad, Nashik, Maharashtra, India – 422010.