About Solid Ply Private Limited
Data last updated:
Solid Ply Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 04 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U20212WB1997PTC085073. Its GSTIN is 37AAACF4472A1Z0 (Andhra Pradesh). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.37 Cr. It was formerly known as Fine Wood Veneers Private Limited. It is led by directors Saket Garg and Pawan Kumar Godara.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 8 Khairu Place 4th Floor Bowbazar St, Kolkata, West Bengal, India – 700072.
As per the financials filed for FY 2024, the company reported a revenue of ₹171.18 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹6.96 Cr (net margin 4.1%) and EBITDA of ₹10.73 Cr (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 72% over three years and 16% over five years.
The company has about 49 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Solidply. As per MCA filings, the company has open charges of ₹23.69 Cr and satisfied charges of ₹4.99 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solidply.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address8 Khairu Place 4th Floor Bowbazar St, Kolkata, West Bengal, India – 700072
- IndustryManufacturing, Wood Products & MDF
- 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 Solid Ply Private Limited
Solid Ply operates one associated brand: Solidply. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality plywood, blockboards, and flush doors for furniture, construction, and commercial use in India. | solidply.com |
Business Activity of Solid Ply Private Limited
The main business activities of Solid Ply are manufacturing and trade. In detail, this covers wood and wood products, furniture, paper and paper products and wholesale trading. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | Locked |
| 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 Solid Ply Private Limited
Solid Ply Private Limited is audited by V K R & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V K R & 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.
Board of Directors of Solid Ply Private Limited
Solid Ply has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saket Garg Also directs: Solid Ply Global LLP, Fine Brick Private Limited, Evergreen Tradecom Private Limited and 1 more | Director | 10 Mar 2013 | 13 Years 6 Months | Current |
| Pawan Kumar Godara | Additional Director | 30 Jan 2025 | 1 Years 8 Months | Current |
Financials of Solid Ply Private Limited FY 2024 filings available
Solid Ply Private Limited reported revenue of ₹171.18 Cr (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Solid Ply Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 34% growth in the latest year. EBITDA rose 150% 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 Ply 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 | ₹10.73 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹6.96 Cr | •••• | •••• | •••• | •••• |
| 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 Ply Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.1% | •••• | •••• | •••• | •••• |
| 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 Ply 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.
Ownership and Shareholding of Solid Ply 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 Solid Ply Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Dec 2024 | Hdfc Bank Limited | ₹10 Cr | Open |
| 30 Apr 2022 | Hdfc Bank Limited | ₹7.44 Lakh | Open |
| 12 Jan 2021 | Hdfc Bank Limited | ₹9.17 Lakh | Open |
| 12 Sep 2019 | Others | ₹2.16 Cr | Open |
| 01 Sep 2009 | Hdfc Bank Limited | ₹24.39 Lakh | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Solid Ply Private Limited
Solid Ply Private Limited has a workforce of 49 employees as of Apr 03, 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.
GST Compliance of Solid Ply Private Limited
Solid Ply has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 37AAACF4472A1Z0 | Andhra Pradesh | Active | 01 Jul 2017 |
| 22AAACF4472A1ZB | Chhattisgarh | Active | 25 Dec 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 Solid Ply 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 Solid Ply 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 Solid Ply 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 Solid Ply 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 Solid Ply Private Limited
Frequently Asked Questions about Solid Ply Private Limited
Solid Ply is an active private limited company based in Kolkata, West Bengal, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 04 August 1997 (29+ years old) and is registered under CIN U20212WB1997PTC085073.
Solid Ply reported revenue of ₹171.18 Cr for FY 2024 (up 34% YoY).
Solid Ply has 2 current directors:
- Saket Garg - Director
- Pawan Kumar Godara - Additional Director
Solid Ply reported a net profit of ₹6.96 Cr (net margin 4.1%) and EBITDA of ₹10.73 Cr (EBITDA margin 6.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solid Ply is 72% over three years and 16% over five years. In the latest year (FY 2024) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solid Ply is 37AAACF4472A1Z0, registered in Andhra Pradesh. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 22AAACF4472A1ZB (Chhattisgarh).
The CIN (Corporate Identification Number) of Solid Ply is U20212WB1997PTC085073. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solid Ply was incorporated on 04 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Kolkata.
Solid Ply can be reached through the website solidply.com. Its registered office is in Kolkata, West Bengal, India.