Solartis Technology Services Private Limited

Solartis Technology Services Private Limited - business outsourcing in Manapakkam, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72200TN2006PTC059466 Incorporated 10 April 2006 ROC Chennai HQ Manapakkam, Tamil Nadu, India
Active Private Limited Company business outsourcing MSME · Small
Data last updated
Revenue · FY 2025
₹61.84 Cr
▼ 14% YoY
Net profit · FY 2025
₹7.02 Cr
Net margin 11.3%
EBITDA · FY 2025
₹11.8 Cr
EBITDA margin 19.1%
Authorised capital
₹11.12 Lakh
Registered with MCA
Paid-up capital
₹7.11 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
878
Provident fund records
Directors on board
3
As per MCA filings

About Solartis Technology Services Private Limited

Data last updated:

Solartis Technology Services Private Limited is a private limited company based in Manapakkam, Tamil Nadu, India. It operates in the business process outsourcing sector. It was incorporated on 10 April 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2006PTC059466. Its GSTIN is 33AAJCS8473M1ZO (Tamil Nadu). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹11.12 Lakh and a paid-up capital of ₹7.11 Lakh. It is led by directors including Srinivasan Alagarsamy (Managing Director) and Siby Cyriac Nidhiry.

Its last annual general meeting (AGM) was held on 25 June 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at DLF IT Park, Manapakkam, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹61.84 Cr, a decline of 14% compared to the previous year. For the same year it recorded a net profit of ₹7.02 Cr (net margin 11.3%) and EBITDA of ₹11.8 Cr (EBITDA margin 19.1%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 6% over five years.

The company has about 878 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: SolaritiS and Solartis. The company has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.1 Lakh; the latest was in October 2011. Its 4 peer companies in the Outsourcing industry (Diversified BPO, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 1 larger and 3 smaller; the largest is Orbcomm Technologies India Private Limited with revenue of ₹62.43 Cr.

Solartis Technology Services Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-12-0082188). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solartis.com.

Company details

CIN U72200TN2006PTC059466
Registration Number 059466
Incorporation Date 10 April 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 June 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-12-0082188

Recognitions & Rankings of Solartis Technology Services

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-TN-12-0082188

Contact details

Solartis Technology Services Private Limited's registered office is in Manapakkam, Tamil Nadu. Its website is solartis.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    DLF IT Park First Floor Block 3 No 1/124 Shivaji Garden Nandambakkam Post Mount Poonamal, Lee Road, Manapakkam, Tamil Nadu, India – 600089
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Solartis Technology Services Private Limited, buy the company report.

Comprehensive company report
Solartis Technology Services 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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Brands

Solartis Technology Services operates two associated brands: SolaritiS and Solartis. Each brand links to its own profile.

BrandDescriptionWebsite
Offers installation services for solar panels and related products.solaritis.org
Offers policy administration platforms and services for insurance companies worldwide.solartis.com

Business activity

The main business activity of Solartis Technology Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Solartis Technology Services Private Limited, buy the company report.

Financials of Solartis Technology Services Private Limited

FY 2025 filings available

Solartis Technology Services Private Limited reported revenue of ₹61.84 Cr (down 14% YoY) for FY 2025.

Revenue · FY 2025
₹61.84 Cr ▼ 14%
Net profit · FY 2025
₹7.02 Cr margin 11.3%
EBITDA · FY 2025
₹11.8 Cr margin 19.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 14%
3 years · compounded
▲ 4%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 29%
3 years · compounded
▲ 8%
5 years · compounded
▲ 4%

Revenue fell 14% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 29% 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₹11.8 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7.02 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 Margin19.1%
Net Profit Margin11.3%
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 Solartis Technology Services Private Limited, buy the company report.

Board of directors of Solartis Technology Services Private Limited

Solartis Technology Services has 3 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Siby Cyriac NidhiryDirector20 Apr 200620 Years 6 MonthsCurrent
Srinivasan AlagarsamyManaging Director31 Jul 200620 Years 2 MonthsCurrent
Nicholas Adam RichardsonDirector20 Apr 200620 Years 6 MonthsCurrent

Peer comparison

Solartis Technology Services Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Orbcomm Technologies India Private Limited₹62.43 Cr (FY 2025)40.0%Hyderabad, Telangana, India
Solartis Technology Services Private Limitedthis company₹61.84 Cr (FY 2025)₹7.02 Cr11.3%-14.0%878Manapakkam, Tamil Nadu, India
Numeric Technologies (India) Private Limited₹61.75 Cr (FY 2024)40.0%Chennai, Tamil Nadu, India
3I Infotech Digital BPS Limited₹61.34 Cr (FY 2022)42.0%Thane, Maharashtra, India
Ofs IT Services Private Limited₹61.32 Cr (FY 2025)8456.0%Bangalore, Karnataka, India

To see the full peer comparison of Solartis Technology Services Private Limited, buy the company report.

Auditor

Solartis Technology Services Private Limited is audited by G. JOSEPH & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
G. JOSEPH & ASSOCIATESFY 2023006310S

Shareholding

The shareholding of Solartis Technology Services 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solartis Technology Services Private Limited, buy the company report.

Deals & funding

Solartis Technology Services Private Limited has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.1 Lakh; the latest was in October 2011.

Total deals
2
Funding rounds
2
Disclosed funding
₹1.1 Lakh

Deals on record (2 of 2)

WhenDealAmountParties
Oct 2011Funding round₹40,000Investors: an individual
Jun 2009Funding round₹70,000Investors: Solartis Llc

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

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

Employees & EPFO

Solartis Technology Services Private Limited has a workforce of 878 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.

Employee count
878
Active EPFO establishments
1
Employee growth
-37.38%

GST

Solartis Technology Services has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
33AAJCS8473M1ZOTamil NaduActive01 Jul 2017
33AAJCS8473M2ZNTamil NaduActive29 Aug 2017

To see the full GST registrations and return filing status of Solartis Technology Services Private Limited, buy the company report.

Recent activity

Solartis Technology Services Private Limited has 3 board changes on record since 2006: 3 appointments. The latest: Srinivasan Alagarsamy was appointed as Managing Director on 31 Jul 2006.

AGM
Solartis Technology Services Private Limited last Annual general meeting of members was held on 25 Jun 2025 as per latest MCA records.
Filing
Solartis Technology Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Appointed
Srinivasan Alagarsamy was appointed as Managing Director.
Appointed
Nicholas Adam Richardson was appointed as Director.
Appointed
Siby Cyriac Nidhiry was appointed as Director.
Incorporation
10 Apr 2006
Solartis Technology Services Private Limited was registered on 10 Apr 2006 with Roc Chennai & aged 20 years 6 months as per MCA records.

Frequently asked questions

Solartis Technology Services is an active private limited company based in Manapakkam, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 10 April 2006 (20+ years old) and is registered under CIN U72200TN2006PTC059466.

Solartis Technology Services has 3 current directors:

The latest financial statements of Solartis Technology Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Solartis Technology Services is 33AAJCS8473M1ZO, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAJCS8473M2ZN (Tamil Nadu).

The CIN (Corporate Identification Number) of Solartis Technology Services is U72200TN2006PTC059466. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solartis Technology Services was incorporated on 10 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.

Solartis Technology Services has 2 deals on record (2 funding rounds), with disclosed funding of ₹1.1 Lakh; the latest was in October 2011.

The peers of Solartis Technology Services by revenue are Orbcomm Technologies India Private Limited, Numeric Technologies (India) Private Limited, 3I Infotech Digital BPS Limited, Ofs IT Services Private Limited, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Srinivasan Alagarsamy was appointed as Managing Director on 31 Jul 2006. Nicholas Adam Richardson was appointed as Director on 20 Apr 2006. Siby Cyriac Nidhiry was appointed as Director on 20 Apr 2006.

Yes, Solartis Technology Services is registered as a small enterprise under Udyam registration (number: UDYAM-TN-12-0082188).

Solartis Technology Services can be reached through the website solartis.com. Its registered office is in Manapakkam, Tamil Nadu, India.