Solas Modu Marine Services Private Limited

Solas Modu Marine Services Private Limited - engineering in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U93000MH2011PTC212427 Incorporated 17 January 2011 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company engineering MSME · Micro
Data last updated
Revenue · FY 2025
₹2.15 Cr
▲ 4% YoY
Net profit · FY 2025
₹3.63 Lakh
Net margin 1.7%
EBITDA · FY 2025
₹7.54 Lakh
EBITDA margin 3.5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
21
Provident fund records
Directors on board
4
As per MCA filings

About Solas Modu Marine Services Private Limited

Data last updated:

Solas Modu Marine Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the marine and naval engineering segment of the engineering sector. It was incorporated on 17 January 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U93000MH2011PTC212427. Its GSTIN is 27AAPCS2363G1Z3 (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 Reena Bikram Jena and Swati Jena.

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 602 Satyam Tower 90 Feet Road Thakur Complex Kandivali(East), Mumbai, Maharashtra, India – 400101.

As per the financials filed for FY 2025, the company reported a revenue of ₹2.15 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹3.63 Lakh (net margin 1.7%) and EBITDA of ₹7.54 Lakh (EBITDA margin 3.5%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 35% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

Court records list 1 case involving the company, including 1 filed against it.

Solas Modu Marine Services Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0044707). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solasmodumarine.com.

Company details

CIN U93000MH2011PTC212427
Registration Number 212427
Incorporation Date 17 January 2011
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-18-0044707

Recognitions & Rankings of Solas Modu Marine Services

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0044707

Contact details

Solas Modu Marine Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is solasmodumarine.com. Its e-mail address is in the company report.

  • Email
  • Registered Address
    602 Satyam Tower 90 Feet Road Thakur Complex Kandivali(East), Mumbai, Maharashtra, India – 400101
  • Industry
    Engineering, Marine & Naval Engineering

To see the full contact details of Solas Modu Marine Services Private Limited, buy the company report.

Comprehensive company report
Solas Modu Marine 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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Business activity

The main business activity of Solas Modu Marine Services is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Solas Modu Marine Services Private Limited, buy the company report.

Financials of Solas Modu Marine Services Private Limited

FY 2025 filings available

Solas Modu Marine Services Private Limited reported revenue of ₹2.15 Cr (up 4% YoY) for FY 2025.

Revenue · FY 2025
₹2.15 Cr ▲ 4%
Net profit · FY 2025
₹3.63 Lakh margin 1.7%
EBITDA · FY 2025
₹7.54 Lakh margin 3.5%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 4%
3 years · compounded
▲ 9%
5 years · compounded
▲ 35%
EBITDA CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 28%
5 years · compounded
▲ 33%

Revenue has grown at a compounded annual rate (CAGR) of 35% over five years, including 4% growth in the latest year. EBITDA fell 66% 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₹7.54 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.63 Lakh
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 Margin3.5%
Net Profit Margin1.7%
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 Solas Modu Marine Services Private Limited, buy the company report.

Board of directors of Solas Modu Marine Services Private Limited

Solas Modu Marine Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Reena Bikram JenaDirector17 Jan 201115 Years 9 MonthsCurrent
Swati JenaDirector15 May 20215 Years 5 MonthsCurrent
Bikram Kumar JenaDirector17 Jan 201115 Years 9 MonthsCurrent
Shriansh JenaDirector20 Aug 20215 Years 2 MonthsCurrent

Auditor

Solas Modu Marine Services Private Limited is audited by BAKLIWAL & CO for the financial year 2017.

Auditor firmFinancial yearFirm registration number
BAKLIWAL & COFY 2017130381W

Shareholding

The shareholding of Solas Modu Marine Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solas Modu Marine Services Private Limited, buy the company report.

MSME payment delays

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

Employees & EPFO

Solas Modu Marine Services Private Limited has a workforce of 21 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.

Employee count
21
Active EPFO establishments
1
Employee growth
40%

GST

Solas Modu Marine Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAPCS2363G1Z3MaharashtraActive01 Jul 2017

To see the full GST registrations and return filing status of Solas Modu Marine Services Private Limited, buy the company report.

Recent activity

Solas Modu Marine Services Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Usharani Patra ceased to be Director on 22 Nov 2022.

AGM
Solas Modu Marine Services Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solas Modu Marine Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Ceased
Usharani Patra ceased to be Director.
Appointed
Shriansh Jena was appointed as Director.
Appointed
Swati Jena was appointed as Director.
Appointed
Bikram Kumar Jena was appointed as Director.
Appointed
Reena Bikram Jena was appointed as Director.
Incorporation
17 Jan 2011
Solas Modu Marine Services Private Limited was registered on 17 Jan 2011 with Roc Mumbai I & aged 15 years 9 months as per MCA records.

Frequently asked questions

Solas Modu Marine Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in marine and naval engineering, within the engineering industry. It was incorporated on 17 January 2011 (15+ years old) and is registered under CIN U93000MH2011PTC212427.

Solas Modu Marine Services has 4 current directors:

The latest financial statements of Solas Modu Marine Services 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 Solas Modu Marine Services is 27AAPCS2363G1Z3, registered in Maharashtra.

The CIN (Corporate Identification Number) of Solas Modu Marine Services is U93000MH2011PTC212427. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solas Modu Marine Services has 1 court case on record: 1 filed against it.

Solas Modu Marine Services was incorporated on 17 January 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.

Usharani Patra ceased to be Director on 22 Nov 2022. Shriansh Jena was appointed as Director on 20 Aug 2021. Swati Jena was appointed as Director on 15 May 2021. Solas Modu Marine Services has 5 board changes on record in total.

Yes, Solas Modu Marine Services is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0044707).

Solas Modu Marine Services can be reached through the website solasmodumarine.com. Its registered office is in Mumbai, Maharashtra, India.