Solaris Ornaments Private Limited
About Solaris Ornaments Private Limited
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Solaris Ornaments Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the manufacturing segment of the electronics sector. It was incorporated on 03 July 2023.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32119MH2023PTC405746.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Manoj Sohanraj Jain and Rakesh Sukanraj Jain.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹367.59 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹12.9 Cr (net margin 3.5%) and EBITDA of ₹19.26 Cr (EBITDA margin 5.2%).
As per MCA filings, the company has open charges of ₹22.25 Cr on record.
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- Registered Address4 Flr Office No 14 Pt 307/309A Rajesh, Rayon Bhawan Kalbadevi Road, Mumbai, Maharashtra, India – 400002
- IndustryElectrnoics, Manufacturing, Electronic Components
- 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 Solaris Ornaments Private Limited
The main business activity of Solaris Ornaments is manufacturing. In detail, this covers other manufacturing.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | 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 Solaris Ornaments Private Limited FY 2025 filings available
Solaris Ornaments Private Limited reported revenue of ₹367.59 Cr (up 180% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solaris Ornaments Private Limited
Revenue rose 180% in the latest year. EBITDA rose 573% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Solaris Ornaments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| 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 | ₹19.26 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹12.9 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 of Solaris Ornaments Private Limited
| Metrics | FY 2024-25 | FY 2023-24 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 5.2% | •••• |
| Net Profit Margin | 3.5% | •••• |
| 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 | •••• | •••• |
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 Solaris Ornaments are in the company report.
Financial statements from FY 2024
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 Solaris Ornaments Private Limited
Solaris Ornaments Private Limited is compared with the companies closest to it by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dharneesh Gold Private Limited | ₹373.33 Cr (FY 2018) | •••• | •••• | 133.0% | •••• | Hyderabad, Telangana, India |
| A.M.N. Jewellers Private Limited | ₹372.86 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Itan Jewels Private Limited | ₹371.14 Cr (FY 2020) | •••• | •••• | 46.0% | •••• | Mumbai, Maharashtra, India |
| Jenisha Jewels Arts Private Limited | ₹369.2 Cr (FY 2023) | •••• | •••• | 139.0% | •••• | Mumbai, Maharashtra, India |
| Shubh Ornaments Limited | ₹367.59 Cr (FY 2025) | •••• | •••• | •••• | Mumbai, Maharashtra, India | |
| Solaris Ornaments Private Limited this company | ₹367.59 Cr (FY 2025) | •••• | •••• | 180.0% | •••• | Mumbai, Maharashtra, India |
| Shree Kalptaru Jewels (India) Private Limited | ₹367.16 Cr (FY 2025) | •••• | •••• | 54.0% | •••• | Mumbai, Maharashtra, India |
| M U Jewellers Private Limited | ₹361.56 Cr (FY 2024) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Divine Hira Jewellers Limited | ₹358.97 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Mumbai, Maharashtra, India |
| Manak Jewellers Private Limited | ₹358.84 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Mumbai, Maharashtra, India |
| Patina Gold Ornaments Private Limited | ₹357.85 Cr (FY 2025) | •••• | •••• | 20.0% | •••• | Kozhikode, Kerala, India |
Peers are the five companies nearest above and the five nearest below Solaris Ornaments by revenue in the Consumer Products industry (Watches and Jewellery Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Solaris Ornaments Private Limited
Solaris Ornaments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Sohanraj Jain Also directs: Shubh Ornaments Limited | Director | 03 Jul 2023 | 3 Years 3 Months | Current |
| Rakesh Sukanraj Jain Also directs: Shubh Ornaments Limited | Director | 03 Jul 2023 | 3 Years 3 Months | Current |
Charges & Borrowings of Solaris Ornaments Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2025 | Hdfc Bank Limited | ₹25 Lakh | Open |
| 14 Nov 2023 | Others | ₹22 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Solaris Ornaments Private Limited
Employment history and EPFO contributions of people linked to Solaris Ornaments.
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 Solaris Ornaments Private Limited
Solaris Ornaments Private Limited has 2 board changes on record since 2023: 2 appointments. The latest: Manoj Sohanraj Jain was appointed as Director on 03 Jul 2023.
Credit Ratings, Litigation & Regulatory Alerts for Solaris Ornaments 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 Solaris Ornaments 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 Solaris Ornaments 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 Solaris Ornaments Private Limited
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 Solaris Ornaments 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 Solaris Ornaments Private Limited
Solaris Ornaments is an active private limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the electronics industry. It was incorporated on 03 July 2023 (3+ years old) and is registered under CIN U32119MH2023PTC405746.
Solaris Ornaments reported revenue of ₹367.59 Cr for FY 2025 (up 180% YoY).
Solaris Ornaments has 2 current directors:
- Manoj Sohanraj Jain - Director
- Rakesh Sukanraj Jain - Director
Solaris Ornaments reported a net profit of ₹12.9 Cr (net margin 3.5%) and EBITDA of ₹19.26 Cr (EBITDA margin 5.2%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Solaris Ornaments is U32119MH2023PTC405746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solaris Ornaments was incorporated on 03 July 2023, making it 3+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solaris Ornaments by revenue are Dharneesh Gold Private Limited, A.M.N. Jewellers Private Limited, Itan Jewels Private Limited, Jenisha Jewels Arts Private Limited, Shubh Ornaments Limited and 5 more, all in the Consumer Products industry (Watches and Jewellery Manufacturers).
Manoj Sohanraj Jain was appointed as Director on 03 Jul 2023. Rakesh Sukanraj Jain was appointed as Director on 03 Jul 2023.
The registered office of Solaris Ornaments is at 4 Flr Office No 14 Pt 307309A Rajesh, Rayon Bhawan Kalbadevi Road, Mumbai, Maharashtra, India – 400002.
Solaris Ornaments has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.
Solaris Ornaments operates in the electronics industry, in the manufacturing segment.