MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0089370
Solaris Aerospace Private Limited - transport and logistics in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹48.99 Lakh
▲ 26% YoY
Net profit · FY 2022
₹27,292
Net margin 0.6%
EBITDA · FY 2022
₹4.37 Lakh
EBITDA margin 8.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹43 Lakh
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
About Solaris Aerospace Private Limited
Data last updated:
Solaris Aerospace Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the aircraft and component manufacturing segment of the transport and logistics sector. It was incorporated on 22 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U35122KA2013PTC067606. Its GSTIN is 29AAUCS4384A1ZX (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Konduru Naveenbabu Chengamaraju and Sandhya.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Bengaluru, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹48.99 Lakh, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹27,292 (net margin 0.6%) and EBITDA of ₹4.37 Lakh (EBITDA margin 8.9%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹43 Lakh on record.
Solaris Aerospace Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0089370). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solaris-aerospace-pvt-ltd.business.site.
Company details
CIN U35122KA2013PTC067606
Registration Number 067606
Incorporation Date 22 January 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0089370
Recognitions & Rankings of Solaris Aerospace
Contact details
Solaris Aerospace Private Limited's registered office is in Bengaluru, Karnataka. Its website is solaris-aerospace-pvt-ltd.business.site. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 93/1 4th Floor 15th Main 17th Cross 5th Phase J P Na, Gar, Bengaluru, Karnataka, India – 560078
- IndustryTransport and Logistics, Aircraft & Component Manufacturing
To see the full contact details of Solaris Aerospace Private Limited, buy the company report.
Comprehensive company report
Solaris Aerospace 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 Solaris Aerospace is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solaris Aerospace Private Limited, buy the company report.
Financials of Solaris Aerospace Private Limited
FY 2022 filings availableSolaris Aerospace Private Limited reported revenue of ₹48.99 Lakh (up 26% YoY) for FY 2022.
Revenue · FY 2022
₹48.99 Lakh ▲ 26%
Net profit · FY 2022
₹27,292 margin 0.6%
EBITDA · FY 2022
₹4.37 Lakh margin 8.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▼ 23%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 18%
3 years · compounded
▼ 6%
5 years · compounded
▲ 15%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 26% growth in the latest year. EBITDA rose 18% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹48.99 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.37 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹27,292 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.9% | ||||
| Net Profit Margin | 0.6% | ||||
| 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 Solaris Aerospace Private Limited, buy the company report.
Board of directors of Solaris Aerospace Private Limited
Solaris Aerospace has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Konduru Naveenbabu Chengamaraju | Director | 11 Apr 2022 | 4 Years 6 Months | Current |
| Sandhya | Director | 12 Oct 2015 | 11 Years 0 Months | Current |
Auditor
Solaris Aerospace Private Limited is audited by HARISHA NAYAK C & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARISHA NAYAK C & CO | FY 2022 | 014623S |
Shareholding
The shareholding of Solaris Aerospace Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solaris Aerospace Private Limited, buy the company report.
Charges & borrowings
Open charges
₹43 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2019 | 100259052 | Canara Bank | ₹43 Lakh | Open |
To see the full charge records of Solaris Aerospace Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Solaris Aerospace 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 Solaris Aerospace Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Solaris Aerospace has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS4384A1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solaris Aerospace Private Limited, buy the company report.
Recent activity
Solaris Aerospace Private Limited has 5 board changes on record since 2015: 2 appointments and 3 cessations. The latest: Sukumar Pathapati ceased to be Director on 12 Apr 2022.
AGM
Solaris Aerospace Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Ceased
Sukumar Pathapati ceased to be Director.
Appointed
Konduru Naveenbabu Chengamaraju was appointed as Director.
Filing
Solaris Aerospace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Charges
A charge with Canara Bank of Rs. 43.00 Lakh registered on 02 Mar 2019 with Charge ID 100259052 was modified on 19 Nov 2021.
Charges
A charge with Canara Bank amounted to Rs. 43.00 Lakh with Charge ID 100259052 was registered on 02 Mar 2019.
Ceased
Anusuya Prabhakar Rao ceased to be Director.
Ceased
Sandeep Prabhakar Rao ceased to be Director.
Appointed
Sandhya was appointed as Director.
Incorporation
22 Jan 2013
Solaris Aerospace Private Limited was registered on 22 Jan 2013 with Roc Bangalore & aged 13 years 9 months as per MCA records.
Frequently asked questions
Solaris Aerospace is an active private limited company based in Bengaluru, Karnataka, India. The company works in aircraft and component manufacturing, within the transport and logistics industry. It was incorporated on 22 January 2013 (13+ years old) and is registered under CIN U35122KA2013PTC067606.
Solaris Aerospace has 2 current directors:
- Konduru Naveenbabu Chengamaraju - Director
- Sandhya - Director
The latest financial statements of Solaris Aerospace on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Solaris Aerospace is 29AAUCS4384A1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Solaris Aerospace is U35122KA2013PTC067606. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaris Aerospace was incorporated on 22 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Sukumar Pathapati ceased to be Director on 12 Apr 2022. Konduru Naveenbabu Chengamaraju was appointed as Director on 11 Apr 2022. Anusuya Prabhakar Rao ceased to be Director on 12 Oct 2015. Solaris Aerospace has 5 board changes on record in total.
Yes, Solaris Aerospace is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0089370).
Solaris Aerospace can be reached through the website solaris-aerospace-pvt-ltd.business.site. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Solaris Aerospace is at No. 931 4th Floor 15th Main 17th Cross 5th Phase J P Na, Gar, Bengaluru, Karnataka, India – 560078.