Solid Foods Private Limited
About Solid Foods Private Limited
Data last updated:
Solid Foods Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 18 October 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15400MH2005PTC156810.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Laxmi Shah and Prem Shivnarayan Agarwal.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at B – 6 Ashirwad Building Abmedabad Street, Mumbai, Maharashtra, India – 400009.
As per the financials filed for FY 2018, the company reported a revenue of ₹2.19 Lakh, a decline of 45% compared to the previous year. For the same year it recorded a net loss of ₹10,061 (net margin -4.6%) and EBITDA of ₹8,486 (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years.
As per MCA filings, the company has open charges of ₹13.54 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Solid Foods Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 6 Ashirwad Building Abmedabad Street, Mumbai, Maharashtra, India – 400009
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Solid Foods Private Limited, buy the company report.
- 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
Business activity
The main business activity of Solid Foods is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
Financials of Solid Foods Private Limited
FY 2018 filings availableSolid Foods Private Limited reported revenue of ₹2.19 Lakh (down 45% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue fell 45% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 416% 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹2.19 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹8,486 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10,061 | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.9% | |||
| Net Profit Margin | -4.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Solid Foods Private Limited, buy the company report.
Board of directors of Solid Foods Private Limited
Solid Foods has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxmi Shah | Director | 22 Dec 2015 | 10 Years 10 Months | Current |
| Prem Shivnarayan Agarwal Also directs: Antrix International Private Limited | Additional Director | 30 Aug 2018 | 8 Years 1 Months | Current |
Peer comparison
Solid Foods Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solid Foods Private Limitedthis company | ₹2.19 Lakh (FY 2018) | -₹10,061 | -4.6% | -45.0% | Mumbai, Maharashtra, India | |
| Rototech Packaging Pvt. Ltd. | ₹2.18 Lakh (FY 2024) | -98.0% | Kolkata, West Bengal, India | |||
| Best Properties Private Ltd | ₹2.17 Lakh (FY 2025) | -20.0% | New Delhi, Delhi, India | |||
| Beauty Investment & Properties Pvt.Ltd. | ₹2.17 Lakh (FY 2025) | -12.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Solid Foods Private Limited, buy the company report.
Auditor
Solid Foods Private Limited is audited by S SOMANI & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S SOMANI & ASSOCIATES | FY 2018 | 135797W |
Shareholding
The shareholding of Solid Foods Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Solid Foods Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2012 | 10342079 | Corproation Bank | ₹5 Cr | Open | |
| 29 Dec 2011 | 10336844 | Bank of India | ₹8.54 Cr | Open |
To see the full charge records of Solid Foods Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Solid Foods Private Limited has 5 court cases on record: 2 filed by Solid Foods, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Corporation Bank Th.Mr. Haque Sheikh | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Corporation Bank Th Nooral Haque Shaikh | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Bank of India | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against an individual | Disposed |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Solid Foods Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solid Foods Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Solid Foods Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Solid Foods Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Arun Kari Shah ceased to be Director on 30 Aug 2018.
1 earlier event is in the company report.
Frequently asked questions
Solid Foods is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate financing, within the financial services industry. It was incorporated on 18 October 2005 (21+ years old) and is registered under CIN U15400MH2005PTC156810.
Solid Foods has 2 current directors:
- Laxmi Shah - Director
- Prem Shivnarayan Agarwal - Additional Director
The latest financial statements of Solid Foods on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Solid Foods is U15400MH2005PTC156810. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solid Foods has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Solid Foods was incorporated on 18 October 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solid Foods by revenue are Rototech Packaging Pvt. Ltd, Best Properties Private Ltd, Beauty Investment & Properties Pvt.Ltd, all in the BFSI industry (Real Estate Leasing), with the same principal business activity (real estate activities with own or leased property).
Arun Kari Shah ceased to be Director on 30 Aug 2018. Prem Shivnarayan Agarwal was appointed as Additional Director on 30 Aug 2018. Sampat D Yewale ceased to be Director on 06 Aug 2018. Solid Foods has 6 board changes on record in total.
The registered office of Solid Foods is at B – 6 Ashirwad Building Abmedabad Street, Mumbai, Maharashtra, India – 400009.
Solid Foods operates in the financial services industry, in the real estate financing segment.
Solid Foods has open charges of ₹13.54 Cr and no satisfied charges on record as per latest MCA filings.