Solas Automation Private Limited
About Solas Automation Private Limited
Data last updated:
Solas Automation Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the wholesale trading and distribution segment of the trading and commerce sector. It was incorporated on 30 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U31908UP2014PTC064591. Its GSTIN is 09AAUCS6954L1Z8 (Uttar Pradesh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sana Shabahat Qazilbash and Amir Raza.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 Chah Kanker Tulsidas Marg Victoria Street Chowk, Lucknow, Uttar Pradesh, India – 226003.
As per the financials filed for FY 2024, the company reported a revenue of ₹31.18 Lakh, a decline of 28% compared to the previous year. For the same year it recorded a net loss of ₹15,819 (net margin -0.5%) and EBITDA of -₹4,149 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 4% over five years.
The company is associated with 1 brand: Solas Automations.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered Address8 Chah Kanker Tulsidas Marg Victoria Street Chowk, Lucknow, Uttar Pradesh, India – 226003
- IndustryTrading, Wholesale, Other Wholesale
- 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
Associated Brands with Solas Automation Private Limited
Solas Automation operates one associated brand: Solas Automations. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supplies energy-efficient LED lighting and smart automation systems for clients in India. | solasautomation.com |
Competitors & Alternatives of Solas Automation Private Limited
Brands and companies operating in the same space as Solas Automation Private Limited include SolarSquare, Oorjan, ZunRoof and 2 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 SolarSquare | Provider of solar panel installation services | Mumbai, India | 2015 |
 Oorjan | Solar project financing and development | Mumbai, India | 2014 |
 ZunRoof | Provider of solar panel installation and O&M services | Gurugram, India | 2016 |
 Krivi Energy | Solar energy solutions including installations, assessments, and financing are provided. | Mumbai, India | 2013 |
 Onergy | Solar design, engineering, manufacturing, installation, and consultancy services are provided. | Kolkata, India | 2009 |
Business Activity of Solas Automation Private Limited
The main business activity of Solas Automation is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Solas Automation Private Limited
Solas Automation Private Limited is audited by ALAVI ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ALAVI ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Solas Automation Private Limited
Solas Automation has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sana Shabahat Qazilbash | Director | 30 Jun 2014 | 12 Years 3 Months | Current |
| Amir Raza | Director | 30 Jun 2014 | 12 Years 3 Months | Current |
Financials of Solas Automation Private Limited FY 2024 filings available
Solas Automation Private Limited reported revenue of ₹31.18 Lakh (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solas Automation Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 28% fall in the latest year. EBITDA fell 142% 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 of Solas Automation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹4,149 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹15,819 | •••• | •••• | •••• | •••• |
| 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 Solas Automation Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -0.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.5% | •••• | •••• | •••• | •••• |
| 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 Solas Automation are in the company report.
Financial statements from 2015
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.
Ownership and Shareholding of Solas Automation Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solas Automation Private Limited
Solas Automation Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solas Automation Private Limited
Employment history and EPFO contributions of people linked to Solas Automation.
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.
GST Compliance of Solas Automation Private Limited
Solas Automation has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAUCS6954L1Z8 | Uttar Pradesh | Active | 01 Jul 2017 |
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.
Credit Ratings, Litigation & Regulatory Alerts for Solas Automation 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 Solas Automation 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 Solas Automation 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.
MCA Filings & Documents of Solas Automation 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.
Recent Activity on Solas Automation Private Limited
Frequently Asked Questions about Solas Automation Private Limited
Solas Automation is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in wholesale, within the trading industry. It was incorporated on 30 June 2014 (12+ years old) and is registered under CIN U31908UP2014PTC064591.
Solas Automation reported revenue of ₹31.18 Lakh for FY 2024 (down 28% YoY).
Solas Automation has 2 current directors:
- Sana Shabahat Qazilbash - Director
- Amir Raza - Director
Solas Automation reported a net loss of ₹15,819 (net margin -0.5%) and EBITDA of -₹4,149 (EBITDA margin -0.1%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solas Automation is 14% over three years and -4% over five years. In the latest year (FY 2024) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solas Automation is 09AAUCS6954L1Z8, registered in Uttar Pradesh. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Solas Automation is U31908UP2014PTC064591. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solas Automation was incorporated on 30 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Kanpur.
The registered office of Solas Automation is at 8 Chah Kanker Tulsidas Marg Victoria Street Chowk, Lucknow, Uttar Pradesh, India – 226003.