Solid Petrochem Private Limited CN
About Solid Petrochem Private Limited CN
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Solid Petrochem Private Limited CN is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 12 June 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U23200MH1987PTC043729. The company has 3 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16.5 Lakh. It is led by directors Mir Sahanawaj Ali and Asha Srichand Kukreja.
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 Office No. 538 Sector – 19/A Commodity Exchange Building Turbhe Vashi, Navi Mumbai, Maharashtra, India – 400705.
As per the financials filed for FY 2024, the company reported a revenue of ₹15.14 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5,548 (net margin 0.4%) and EBITDA of ₹8.15 Lakh (EBITDA margin 53.8%). Revenue has declined at a compounded annual rate (CAGR) of 118% over three years and 27% over five years.
As per MCA filings, the company has open charges of ₹23.3 Lakh and satisfied charges of ₹64 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered AddressOffice No. 538 Sector – 19/A Commodity Exchange Building Turbhe Vashi, Navi Mumbai, Maharashtra, India – 400705
- IndustryChemicals and Materials, Petrochemicals & Derivatives
- 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
Financials of Solid Petrochem Private Limited CN FY 2025 filings available
Solid Petrochem Private Limited CN reported revenue of ₹15.14 Lakh (up 283% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solid Petrochem Private Limited CN
Revenue rose 283% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 27%. EBITDA rose 724% 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 Petrochem Private Limited CN
| 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 | ₹8.15 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5,548 | •••• | •••• | •••• | •••• |
| 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 Petrochem Private Limited CN
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 53.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.4% | •••• | •••• | •••• | •••• |
| 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 Solid Petrochem Private Limited CN 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 Solid Petrochem Private Limited CN
Solid Petrochem Private Limited CN is compared with the companies closest to it by revenue in the Chemicals industry (Petrochemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rexoil Industries Private Limited | ₹16.11 Lakh (FY 2023) | •••• | •••• | -50.0% | •••• | Sadar, Odisha, India |
| City Shoppe Estates Limited | ₹15.89 Lakh (FY 2025) | •••• | •••• | 590.0% | •••• | Kolkata, West Bengal, India |
| Elbet Dealers Private Limited | ₹15.69 Lakh (FY 2018) | •••• | •••• | •••• | Lucknow, Uttar Pradesh, India | |
| Mudra Petrochemicals Private Limited | ₹15.44 Lakh (FY 2019) | •••• | •••• | -71.0% | •••• | Kalwa, Maharashtra, India |
| Jayshree Petrochemicals Pvt Ltd | ₹15.17 Lakh (FY 2025) | •••• | •••• | 45.0% | •••• | Mumbai, Maharashtra, India |
| Solid Petrochem Private Limited CN this company | ₹15.14 Lakh (FY 2024) | •••• | •••• | 283.0% | •••• | Navi Mumbai, Maharashtra, India |
| H L Petro Products Private Limited | ₹14.83 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Gwaior, Madhya Pradesh, India |
| Sigmaprime Private Limited | ₹14.52 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Pune, Maharashtra, India |
| Greentech Petrochem Private Limited | ₹14.31 Lakh (FY 2024) | •••• | •••• | •••• | Dhar, Madhya Pradesh, India | |
| Samarth Technoverse Private Limited | ₹14.31 Lakh (FY 2025) | •••• | •••• | 2.0% | •••• | Mumbai, Maharashtra, India |
| Pure Petrochem India Private Limited | ₹14.31 Lakh (FY 2025) | •••• | •••• | -97.0% | •••• | Thiruvananthapuram, Kerala, India |
Peers are the five companies nearest above and the five nearest below Solid Petrochem Private Limited CN by revenue in the Chemicals industry (Petrochemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Solid Petrochem Private Limited CN
Solid Petrochem Private Limited CN has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mir Sahanawaj Ali Also directs: Swaraj Infrastructure Private Limited, Jaihind Finance (India) Limited, Waluj Midc STP Company Private Limited and 1 more | Director | 21 Dec 2020 | 5 Years 9 Months | Current |
| Asha Srichand Kukreja | Director | 10 Jun 2025 | 1 Years 4 Months | Current |
Ownership and Shareholding of Solid Petrochem Private Limited CN
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 Petrochem Private Limited CN
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jan 2019 | Others | ₹9 Lakh | Open |
| 21 May 1985 | Gujarat State Financial Corporation | ₹14.3 Lakh | Open |
| 31 Dec 1996 | Bank of India | ₹52 Lakh | Satisfied |
| 20 Sep 1989 | Bank of India | ₹12 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Solid Petrochem Private Limited CN
Solid Petrochem Private Limited CN has 3 court cases on record: 1 filed by Solid Petrochem Private Limited CN, 2 where it is another party. 1 case is pending and 2 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
| District courts | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Jalgaon, Maharashtra | Civil suit | Filed by the company against Ram Infrastructure Limited | Disposed |
| Bombay High Court | Writ petition | Company is another party | Pending |
| Bombay High Court | Writ petition | Company is another party | Disposed |
Full case history
All 3 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 Solid Petrochem Private Limited CN
Employment history and EPFO contributions of people linked to Solid Petrochem Private Limited CN.
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 Petrochem Private Limited CN
Solid Petrochem Private Limited CN has 12 board changes on record since 2011: 2 appointments and 10 cessations. The latest: Asha Srichand Kukreja was appointed as Director on 10 Jun 2025.
10 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solid Petrochem Private Limited CN
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 Petrochem Private Limited CN
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 Petrochem Private Limited CN
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 Petrochem Private Limited CN
Solid Petrochem Private Limited CN has 3 GST registrations on record, and all of them have been cancelled or are 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 Solid Petrochem Private Limited CN
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 Petrochem Private Limited CN
Solid Petrochem Private Limited CN is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 12 June 1987 (39+ years old) and is registered under CIN U23200MH1987PTC043729.
Solid Petrochem Private Limited CN reported revenue of ₹15.14 Lakh for FY 2024 (up 283% YoY).
Solid Petrochem Private Limited CN has 2 current directors:
- Mir Sahanawaj Ali - Director
- Asha Srichand Kukreja - Director
Solid Petrochem Private Limited CN reported a net profit of ₹5,548 (net margin 0.4%) and EBITDA of ₹8.15 Lakh (EBITDA margin 53.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solid Petrochem Private Limited CN is 118% over three years and -27% over five years. In the latest year (FY 2024) revenue rose 283%. CAGR is the steady yearly rate that links the first and the last year.
No. Solid Petrochem Private Limited CN has 3 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Solid Petrochem Private Limited CN is U23200MH1987PTC043729. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solid Petrochem Private Limited CN has 3 court cases on record: 1 filed by the company. 1 is pending. Most are in the high courts.
Solid Petrochem Private Limited CN was incorporated on 12 June 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Solid Petrochem Private Limited CN by revenue are Rexoil Industries Private Limited, City Shoppe Estates Limited, Elbet Dealers Private Limited, Mudra Petrochemicals Private Limited, Jayshree Petrochemicals Pvt Ltd and 5 more, all in the Chemicals industry (Petrochemicals).
Asha Srichand Kukreja was appointed as Director on 10 Jun 2025. Harumal Rajaram Kukreja ceased to be Director on 10 Jun 2025. Anwesha Kukreja Suryakant ceased to be Director on 08 Aug 2022. Solid Petrochem Private Limited CN has 12 board changes on record in total.