About Solcon Engineers Pvt Ltd
Data last updated:
Solcon Engineers Pvt Ltd is a private limited company based in Pune, Maharashtra, India. It operates in the material handling and storage equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 January 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29119MH1983PTC029036. Its GSTIN is 27AACCS3678P1ZL (Maharashtra). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors Gulab Bhivba Ghule (Whole-Time Director) and Achyut Balkrishna Gokhale (Whole-Time Director).
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 Gat No.63 At & Post Shindewadi Taluka Bhor, Pune, Maharashtra, India – 412205.
As per the financials filed for FY 2024, the company reported a revenue of ₹6.28 Lakh, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹1.97 Lakh (net margin 31.4%) and EBITDA of ₹2.02 Lakh (EBITDA margin 32.2%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 70% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35.67 Cr and satisfied charges of ₹22 Cr on record. Court records list 31 cases involving the company, including 16 filed by the company and 14 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solconindia.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressGat No.63 At & Post Shindewadi Taluka Bhor, Pune, Maharashtra, India – 412205
- IndustryMachinery and Equipment, Material Handling & Storage Equipment
- 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 Solcon Engineers Pvt Ltd
The main business activity of Solcon Engineers is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. | 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 Solcon Engineers Pvt Ltd FY 2025 filings available
Solcon Engineers Pvt Ltd reported revenue of ₹6.28 Lakh (up 9% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solcon Engineers Pvt Ltd
Revenue rose 9% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 70%. EBITDA rose 14% 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 Solcon Engineers Pvt Ltd
| 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.97 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 Solcon Engineers Pvt Ltd
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.4% | •••• | •••• | •••• | •••• |
| 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 Solcon Engineers 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 Solcon Engineers Pvt Ltd
Solcon Engineers Pvt Ltd is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Material Handling Equipment). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Subhrashi Tradelink Private Limited | •••• | •••• | •••• | •••• | - | Howrah, West Bengal, India |
| Sismach Elevators Private Limited | •••• | •••• | •••• | •••• | - | Ahmadabad City, Gujarat, India |
| Aces Crane India Private Limited | •••• | •••• | •••• | •••• | - | Adityapur, Jharkhand, India |
| Allied South Industrial Services Private Limited | •••• | •••• | •••• | •••• | - | Gurgaon, Haryana, India |
| Garuda Engineers Private Limited | •••• | •••• | •••• | •••• | - | Kalyan, Maharashtra, India |
| Solcon Engineers Pvt Ltd this company | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Ssiiddhey Containers (India) Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Allwyn Ansh Elevator Private Limited | •••• | •••• | •••• | •••• | - | Kota, Rajasthan, India |
| Akash Equipments & Machineries Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Vishvachaya Slotangles Private Limited | •••• | •••• | •••• | •••• | - | Pune City, Maharashtra, India |
| Adler Elevators Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Solcon Engineers by revenue in the Machinery and Equipment industry (Material Handling Equipment), 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 Solcon Engineers Pvt Ltd
Solcon Engineers Pvt Ltd is audited by JOSHI APTE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JOSHI APTE & CO | 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 Solcon Engineers Pvt Ltd
Solcon Engineers 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 |
|---|---|---|---|---|
| Gulab Bhivba Ghule Also directs: Conveytech Plants and Equipments Private Limited | Whole-Time Director | 03 Mar 1983 | 43 Years 7 Months | Current |
| Achyut Balkrishna Gokhale Also directs: Conveytech Plants and Equipments Private Limited | Whole-Time Director | 03 Mar 1983 | 43 Years 7 Months | Current |
Ownership and Shareholding of Solcon Engineers Pvt Ltd
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 Solcon Engineers Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Feb 2022 | Bank of India | ₹24 Cr | Open |
| 08 Apr 2021 | Hdfc Bank Limited | ₹25 Lakh | Open |
| 13 Aug 2020 | Bank of India | ₹67 Lakh | Open |
| 02 May 1997 | Bank of India | ₹75 Lakh | Open |
| 02 May 1997 | Bank of India | ₹75 Lakh | Open |
Total charge records: 8 View all charges
Legal Cases of Solcon Engineers Pvt Ltd
Solcon Engineers Pvt Ltd has 31 court cases on record: 16 filed by Solcon Engineers, 14 filed against it, 1 where it is another party. 2 cases are pending and 29 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 8 | 2 |
| High courts | 7 | 5 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Civil suit | Filed by the company against Abhijeet Power Limited | Pending |
| District court, Pune, Maharashtra | Execution petition | Company is another party | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
Full case history
All 31 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Solcon Engineers Pvt Ltd
Solcon Engineers Pvt Ltd has a workforce of 56 employees as of Apr 01, 2024.
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 Solcon Engineers Pvt Ltd
Solcon Engineers Pvt Ltd has 3 board changes on record since 1983: 2 appointments and 1 cessation. The latest: Gulab Bhivba Ghule ceased to be Managing Director on 11 Feb 2011.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solcon Engineers Pvt Ltd
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 Solcon Engineers Pvt Ltd
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 Solcon Engineers Pvt Ltd
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 Solcon Engineers Pvt Ltd
Solcon Engineers has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCS3678P1ZL | Maharashtra | 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.
MCA Filings & Documents of Solcon Engineers Pvt Ltd
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 Solcon Engineers Pvt Ltd
Solcon Engineers is an active private limited company based in Pune, Maharashtra, India. The company works in material handling and storage equipment, within the machinery and equipment industry. It was incorporated on 03 January 1983 (43+ years old) and is registered under CIN U29119MH1983PTC029036.
Solcon Engineers reported revenue of ₹6.28 Lakh for FY 2024 (up 9% YoY).
Solcon Engineers has 2 current directors:
- Gulab Bhivba Ghule - Whole-Time Director
- Achyut Balkrishna Gokhale - Whole-Time Director
Solcon Engineers reported a net profit of ₹1.97 Lakh (net margin 31.4%) and EBITDA of ₹2.02 Lakh (EBITDA margin 32.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solcon Engineers is 22% over three years and -70% over five years. In the latest year (FY 2024) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solcon Engineers is 27AACCS3678P1ZL, registered in Maharashtra. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Solcon Engineers is U29119MH1983PTC029036. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solcon Engineers has 31 court cases on record: 16 filed by the company and 14 filed against it. 2 are pending. Most are in the district courts.
Solcon Engineers was incorporated on 03 January 1983, making it 43+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Solcon Engineers by revenue are Subhrashi Tradelink Private Limited, Sismach Elevators Private Limited, Aces Crane India Private Limited, Allied South Industrial Services Private Limited, Garuda Engineers Private Limited and 5 more, all in the Machinery and Equipment industry (Material Handling Equipment).
Gulab Bhivba Ghule ceased to be Managing Director on 11 Feb 2011. Achyut Balkrishna Gokhale was appointed as Whole-Time Director on 03 Mar 1983. Gulab Bhivba Ghule was appointed as Whole-Time Director on 03 Mar 1983.