Solid Asset Reconstruction India Limited
About Solid Asset Reconstruction India Limited
Data last updated:
Solid Asset Reconstruction India Limited is a public limited company based in Silvassa, Dadra And Nagar Haveli, India. It operates in the diversified financial services segment of the financial services sector. It was incorporated on 15 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U65920DN2008PLC000286.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.95 Cr. It is led by directors including Rajkumar Balbudhe and Kiran Sanjay Yadav.
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. 48A Village Amli Dhanudyog Industrial Area Piperia, Silvassa, Dadra and Nagar Haveli, India – 396230.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.71 Lakh, a decline of 2% compared to the previous year. For the same year it recorded a net profit of ₹6,776 (net margin 0.6%) and EBITDA of ₹9,157 (EBITDA margin 0.8%).
The company has 1 deal on record (1 funding round), with disclosed funding of ₹6.95 Cr; the latest was in March 2009. Its 10 peer companies in the BFSI industry (Other Financial Services) are compared by revenue, 5 larger and 5 smaller; the largest is Jagrati Associates Private Limited with revenue of ₹11.77 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressPlot No. 48A Village Amli Dhanudyog Industrial Area Piperia, Silvassa, Dadra and Nagar Haveli, India – 396230
- IndustryFinancial Services, Diversified Financial Services
- 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 Solid Asset Reconstruction India Limited
The main business activity of Solid Asset Reconstruction India is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | 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 Solid Asset Reconstruction India Limited FY 2025 filings available
Solid Asset Reconstruction India Limited reported revenue of ₹11.71 Lakh (down 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solid Asset Reconstruction India Limited
Revenue fell 2% in the latest year. EBITDA rose 105% 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 Solid Asset Reconstruction India 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 | ₹9,157 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6,776 | •••• | •••• | •••• | •••• |
| 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 Solid Asset Reconstruction India Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Solid Asset Reconstruction India 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.
Board of Directors of Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajkumar Balbudhe Also directs: Wellworth Finvest (India) Private Limited | Additional Director | 05 Apr 2021 | 5 Years 6 Months | Current |
| Kiran Sanjay Yadav | Additional Director | 25 Sep 2019 | 7 Years 0 Months | Current |
| Karmbir Singh Also directs: Sukh-Suvidha Real Estate Limited, Bilpower Textiles and Conpro Private Limited, Karan Conpro Private Limited and 5 more | Additional Director | 04 Jul 2022 | 4 Years 3 Months | Current |
Peer Comparison of Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India Limited is compared with the companies closest to it by revenue in the BFSI industry (Other Financial Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagrati Associates Private Limited | ₹11.77 Lakh (FY 2025) | •••• | •••• | -26.0% | •••• | Udaipur, Rajasthan, India |
| S C Financial Advisory Services Private Limited | ₹11.75 Lakh (FY 2025) | •••• | •••• | 82.0% | •••• | Kolkata, West Bengal, India |
| Ambe Properties Private Limited | ₹11.75 Lakh (FY 2025) | •••• | •••• | 66.0% | •••• | Kolkata, West Bengal, India |
| Bigbrains Best Investments Private Limited | ₹11.73 Lakh (FY 2023) | •••• | •••• | 435.0% | •••• | Hyderabad, Telangana, India |
| Tinmurti Tradelink Private Limited | ₹11.72 Lakh (FY 2025) | •••• | •••• | 17.0% | •••• | Howrah, West Bengal, India |
| Solid Asset Reconstruction India Limited this company | ₹11.71 Lakh (FY 2025) | •••• | •••• | -2.0% | •••• | Silvassa, Dadra And Nagar Haveli, India |
| BFM Industries Limited | ₹11.71 Lakh (FY 2025) | •••• | •••• | -37.0% | •••• | Kolkata, West Bengal, India |
| Double A Finance Private Limited | ₹11.7 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Delhi, India |
| Vision Financial Services Pvt Ltd | ₹11.69 Lakh (FY 2025) | •••• | •••• | -18.0% | •••• | Hyderabad, Telangana, India |
| Bliss Dealtrade Private Limited | ₹11.68 Lakh (FY 2024) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Ayodele Distributors Private Limited | ₹11.67 Lakh (FY 2022) | •••• | •••• | -7.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below Solid Asset Reconstruction India by revenue in the BFSI industry (Other Financial Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India Limited is audited by BHARAT VYAS & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BHARAT VYAS & 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.
Ownership and Shareholding of Solid Asset Reconstruction India 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 Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India Limited has 1 deal on record (1 funding round), with disclosed funding of ₹6.95 Cr; the latest was in March 2009.
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Solid Asset Reconstruction India Limited
Employment history and EPFO contributions of people linked to Solid Asset Reconstruction India.
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 Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India Limited has 10 board changes on record since 2014: 3 appointments and 7 cessations. The latest: Karmbir Singh was appointed as Additional Director on 04 Jul 2022.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solid Asset Reconstruction India 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 Solid Asset Reconstruction India 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 Solid Asset Reconstruction India 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 Solid Asset Reconstruction India Limited
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 Solid Asset Reconstruction India 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 Solid Asset Reconstruction India Limited
Solid Asset Reconstruction India is an active public limited company based in Silvassa, Dadra And Nagar Haveli, India. The company works in diversified financial services, within the financial services industry. It was incorporated on 15 September 2008 (18+ years old) and is registered under CIN U65920DN2008PLC000286.
Solid Asset Reconstruction India reported revenue of ₹11.71 Lakh for FY 2025 (down 2% YoY).
Solid Asset Reconstruction India has 3 current directors:
- Rajkumar Balbudhe - Additional Director
- Kiran Sanjay Yadav - Additional Director
- Karmbir Singh - Additional Director
Solid Asset Reconstruction India reported a net profit of ₹6,776 (net margin 0.6%) and EBITDA of ₹9,157 (EBITDA margin 0.8%) for FY 2025, as per its filed financial statements.
The CIN (Corporate Identification Number) of Solid Asset Reconstruction India is U65920DN2008PLC000286. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solid Asset Reconstruction India was incorporated on 15 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Solid Asset Reconstruction India has 1 deal on record (1 funding round), with disclosed funding of ₹6.95 Cr; the latest was in March 2009.
The peers of Solid Asset Reconstruction India by revenue are Jagrati Associates Private Limited, S C Financial Advisory Services Private Limited, Ambe Properties Private Limited, Bigbrains Best Investments Private Limited, Tinmurti Tradelink Private Limited and 5 more, all in the BFSI industry (Other Financial Services).
Karmbir Singh was appointed as Additional Director on 04 Jul 2022. Rajiv Singh Chauhan ceased to be Director on 05 Apr 2021. Rajkumar Balbudhe was appointed as Additional Director on 05 Apr 2021. Solid Asset Reconstruction India has 10 board changes on record in total.
The registered office of Solid Asset Reconstruction India is at Plot No. 48A Village Amli Dhanudyog Industrial Area Piperia, Silvassa, Dadra and Nagar Haveli, India – 396230.
Solid Asset Reconstruction India has an authorised share capital of ₹10 Cr and a paid-up capital of ₹8.95 Cr.