Solatron Turbogen Private Limited
About Solatron Turbogen Private Limited
Data last updated:
Solatron Turbogen Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 11 December 1990 and has been in existence for over 36 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1990PTC059369. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.25 Lakh. It is led by directors including Siddhesh Ajit Shelar and Ajit Ganpat Shelar.
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 Plot No W – 351 Ttc MIDC Thane Belapur Rd Rabale Navi Mumbai, Maharashtra, India – 400701.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.25 Lakh. For the same year it recorded a net profit of ₹2.37 Lakh (net margin 14.6%) and EBITDA of ₹2.64 Lakh (EBITDA margin 16.2%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 30% over five years.
As per MCA filings, the company has satisfied charges of ₹15.45 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No W – 351 Ttc MIDC Thane Belapur Rd Rabale Navi Mumbai, Maharashtra, India – 400701
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
- 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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Financials of Solatron Turbogen Private Limited FY 2025 filings available
Solatron Turbogen Private Limited reported revenue of ₹16.25 Lakh for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solatron Turbogen Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years. EBITDA rose 260% 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 Solatron Turbogen Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹2.64 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.37 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 of Solatron Turbogen Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 14.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Solatron Turbogen 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.
Peer Comparison of Solatron Turbogen Private Limited
Solatron Turbogen Private Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Consulting Services, Electronic Appliances Retail and Distribution). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mauve Consultancy Services Limited | •••• | •••• | •••• | •••• | - | Churchgate, Maharashtra, India |
| Steadfast Poly Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Abhiruchi Consultants Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| Wikata Consulting Services Private Limited | •••• | •••• | •••• | •••• | - | Ranchi, Jharkhand, India |
| Nikitha Communications Private Limited | •••• | •••• | •••• | •••• | - | Secunderabad, Telangana, India |
| Solatron Turbogen Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Good Earth-Green Initiatives Private Limited | •••• | •••• | •••• | •••• | - | Kozhikode, Kerala, India |
| Unipole Global Power Private Limited | •••• | •••• | •••• | •••• | - | Sonipat, Haryana, India |
| DL Businesscare Private Limited | •••• | •••• | •••• | •••• | - | Varanasi, Uttar Pradesh, India |
| Calsin Overseas Private Limited | •••• | •••• | •••• | •••• | - | Kolkata, West Bengal, India |
| Afps Solutions Private Limited | •••• | •••• | •••• | •••• | - | Meerut, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Solatron Turbogen by revenue in the Outsourcing industry (Consulting Services, Electronic Appliances Retail and Distribution), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Solatron Turbogen Private Limited
Solatron Turbogen Private Limited is audited by THAKUR NAIK & DEO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| THAKUR NAIK & DEO | 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 Solatron Turbogen Private Limited
Solatron Turbogen has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddhesh Ajit Shelar | Director | 18 Jun 2013 | 13 Years 3 Months | Current |
| Ajit Ganpat Shelar | Director | 11 Dec 1990 | 35 Years 9 Months | Current |
| Anjali Ajit Shelar | Director | 11 Dec 1990 | 35 Years 9 Months | Current |
Ownership and Shareholding of Solatron Turbogen 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 Solatron Turbogen Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jan 2002 | State Bank of India | ₹3 Lakh | Satisfied |
| 08 Dec 1992 | State Bank of India | ₹3 Lakh | Satisfied |
| 22 Oct 1992 | State Bank of India | ₹3 Lakh | Satisfied |
| 15 Mar 1992 | Maharashtra State Financial Corporation | ₹6.45 Lakh | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Solatron Turbogen Private Limited
Employment history and EPFO contributions of people linked to Solatron Turbogen.
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 Solatron Turbogen Private Limited
Solatron Turbogen Private Limited has 3 board changes on record since 1990: 3 appointments. The latest: Siddhesh Ajit Shelar was appointed as Director on 18 Jun 2013.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solatron Turbogen 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 Solatron Turbogen 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 Solatron Turbogen 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 Solatron Turbogen Private Limited
Solatron Turbogen has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
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 Solatron Turbogen 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 Solatron Turbogen Private Limited
Solatron Turbogen is an active private limited company based in Thane, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 11 December 1990 (36+ years old) and is registered under CIN U32109MH1990PTC059369.
Solatron Turbogen reported revenue of ₹16.25 Lakh for FY 2025.
Solatron Turbogen has 3 current directors:
- Siddhesh Ajit Shelar - Director
- Ajit Ganpat Shelar - Director
- Anjali Ajit Shelar - Director
Solatron Turbogen reported a net profit of ₹2.37 Lakh (net margin 14.6%) and EBITDA of ₹2.64 Lakh (EBITDA margin 16.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solatron Turbogen is 10% over three years and 30% over five years. CAGR is the steady yearly rate that links the first and the last year.
No. Solatron Turbogen has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Solatron Turbogen is U32109MH1990PTC059369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solatron Turbogen was incorporated on 11 December 1990, making it 36+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solatron Turbogen by revenue are Mauve Consultancy Services Limited, Steadfast Poly Private Limited, Abhiruchi Consultants Private Limited, Wikata Consulting Services Private Limited, Nikitha Communications Private Limited and 5 more, all in the Outsourcing industry (Consulting Services, Electronic Appliances Retail and Distribution).
Siddhesh Ajit Shelar was appointed as Director on 18 Jun 2013. Ajit Ganpat Shelar was appointed as Director on 11 Dec 1990. Anjali Ajit Shelar was appointed as Director on 11 Dec 1990.
The registered office of Solatron Turbogen is at Plot No W – 351 Ttc MIDC Thane Belapur Rd Rabale Navi Mumbai, Maharashtra, India – 400701.