About Soledify Systems Private Limited
Data last updated:
Soledify Systems Private Limited is a private limited company based in Pune City, Maharashtra, India. It operates in the engineering components retail and distribution segment of the engineering sector. It was incorporated on 05 October 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74990MH2018PTC315369. Its GSTIN is 27ABACS9541G1Z6 (Maharashtra).
The company has an authorised share capital of ₹70 Lakh and a paid-up capital of ₹70 Lakh. It is led by directors Shivaji Shahane and Mahesh Roasaheb Barhate.
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 Pune City, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.96 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Lakh (net margin 0.9%) and EBITDA of ₹27.87 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 79% over three years and 60% over five years.
The company is associated with 1 brand: Soledify. As per MCA filings, the company has open charges of ₹5.8 Cr on record.
For more details, the company can be reached via its website soledifysystems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOff. No. 406 Landmark Center, Opp. Cityprid Pune Satara Road, Pune City, Maharashtra, India – 411009
- IndustryEngineering, Engineering Components 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
- One PDF report, delivered after checkout
Associated Brands with Soledify Systems Private Limited
Soledify Systems operates one associated brand: Soledify. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides solar power systems and water heating for commercial and industrial clients. | soledifysystems.com |
Competitors & Alternatives of Soledify Systems Private Limited
Brands and companies operating in the same space as Soledify Systems Private Limited include Servoteh, Borosil Renewables, SuKam Solar and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Servoteh | Manufacturer of EV chargers, solar inverters, solar panels, batteries, servo stabilizers, UPS, and LEDs | Delhi, India | 2004 |
 Borosil Renewables | Solar glass is manufactured by Borosil Renewables for photovoltaic applications. | Mumbai, India | 1962 |
 SuKam Solar | Provider of range of products and services, including solar panels, inverters, and LED street lights for homes and industries | Gurugram, India | 1998 |
 Gautam Solar | Manufactures solar modules and power plants with high-efficiency technology in India. | Delhi, India | 1997 |
 Nessa | Offers solar consumer goods | Ahmedabad, India | 2008 |
 HVR Solar | Manufactures solar panels, batteries, and modules for renewable energy solutions in India. | Delhi, India | 2016 |
 Ksolare Energy | Manufactures solar inverters and EV chargers for renewable energy solutions. | Pune, India | 2012 |
 KOSOL Energie | Manufactures solar products, provides renewable energy systems, and offers EPC services internationally. | Ahmedabad, India | 2005 |
 Dhash PV | Provides comprehensive solutions for PV junction boxes, connectors, and cables for solar panels. | Bengaluru, India | 2017 |
Business Activity of Soledify Systems Private Limited
The main business activity of Soledify Systems 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 Soledify Systems Private Limited
Auditor information for Soledify Systems Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Board of Directors of Soledify Systems Private Limited
Soledify Systems 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 |
|---|---|---|---|---|
| Shivaji Shahane | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
| Mahesh Roasaheb Barhate | Director | 05 Oct 2018 | 8 Years 0 Months | Current |
Financials of Soledify Systems Private Limited FY 2025 filings available
Soledify Systems Private Limited reported revenue of ₹5.96 Cr (down 5% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Soledify Systems Private Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 60%. EBITDA rose 190% 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 Soledify Systems 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 | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.87 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.12 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 Soledify Systems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.9% | •••• | •••• | •••• | •••• |
| 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 Soledify Systems are in the company report.
Financial statements from FY 2019
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 Soledify Systems 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 Soledify Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Feb 2026 | State Bank of India | ₹3.5 Cr | Open |
| 25 Oct 2024 | Others | ₹2.3 Cr | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Soledify Systems Private Limited
Employment history and EPFO contributions of people linked to Soledify Systems.
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 Soledify Systems Private Limited
Soledify Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS9541G1Z6 | Maharashtra | Active | 06 Jan 2019 |
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 Soledify Systems 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 Soledify Systems 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 Soledify Systems 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 Soledify Systems 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 Soledify Systems Private Limited
Frequently Asked Questions about Soledify Systems Private Limited
Soledify Systems is an active private limited company based in Pune City, Maharashtra, India. The company works in engineering components retail and distribution, within the engineering industry. It was incorporated on 05 October 2018 (8+ years old) and is registered under CIN U74990MH2018PTC315369.
Soledify Systems reported revenue of ₹5.96 Cr for FY 2024 (down 5% YoY).
Soledify Systems has 2 current directors:
- Shivaji Shahane - Director
- Mahesh Roasaheb Barhate - Director
Soledify Systems reported a net profit of ₹5.12 Lakh (net margin 0.9%) and EBITDA of ₹27.87 Lakh (EBITDA margin 4.7%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Soledify Systems is 79% over three years and 60% over five years. In the latest year (FY 2024) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Soledify Systems is 27ABACS9541G1Z6, registered in Maharashtra.
The CIN (Corporate Identification Number) of Soledify Systems is U74990MH2018PTC315369. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soledify Systems was incorporated on 05 October 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Soledify Systems can be reached through the website soledifysystems.com. Its registered office is in Pune City, Maharashtra, India.