MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-17-0017045
Solino International Private Limited - home & lifestyle in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹156.02 Cr
▲ 8% YoY
Net profit · FY 2025
₹6.85 Cr
Net margin 4.4%
EBITDA · FY 2025
₹11.58 Cr
EBITDA margin 7.4%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹50 Lakh
Issued & subscribed
Open charges
₹37.6 Cr
Satisfied ₹6.72 Cr
Company age
8 yrs
Est. 2018
Employees · EPFO
129
Provident fund records
About Solino International Private Limited
Data last updated:
Solino International Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 24 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2018PTC308489. Its GSTIN is 27ABACS2221H1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Manoj Budhia and Kanishk Budhia.
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 Gala No101 Bldg No1 Satvik Bldg Inds Est Square Tungar Fata Sativali Vasai – East, Maharashtra, India – 401208.
As per the financials filed for FY 2025, the company reported a revenue of ₹156.02 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹6.85 Cr (net margin 4.4%) and EBITDA of ₹11.58 Cr (EBITDA margin 7.4%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 17% over five years.
The company has about 129 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹37.6 Cr and satisfied charges of ₹6.72 Cr on record.
Solino International Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0017045). For more details, the company can be reached via its website solinointernational.com.
Company details
CIN U74994MH2018PTC308489
Registration Number 308489
Incorporation Date 24 April 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Medium
Udyam Registration UDYAM-MH-17-0017045
Key People
Manoj Budhia Director Kanishk Budhia Director Recognitions & Rankings of Solino International
Contact details
Solino International Private Limited's registered office is in Vasai, Maharashtra. Its website is solinointernational.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressGala No101 Bldg No1 Satvik Bldg Inds Est Square Tungar Fata Sativali Vasai – East, Maharashtra, India – 401208
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Solino International Private Limited, buy the company report.
Comprehensive company report
Solino International Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Solino International is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Solino International Private Limited, buy the company report.
Financials of Solino International Private Limited
FY 2024 filings availableSolino International Private Limited reported revenue of ₹156.02 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹156.02 Cr ▲ 8%
Net profit · FY 2025
₹6.85 Cr margin 4.4%
EBITDA · FY 2025
₹11.58 Cr margin 7.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 15%
5 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 7%
3 years · compounded
▼ 17%
5 years · compounded
▲ 2%
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 8% growth in the latest year. EBITDA rose 7% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹11.58 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹6.85 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.4% | ||||
| Net Profit Margin | 4.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Solino International Private Limited, buy the company report.
Board of directors of Solino International Private Limited
Solino International has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Budhia Also directs: Solino Home Private Limited, Soma Digital Lab Private Limited | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
| Kanishk Budhia Also directs: Solino Home Private Limited, Soma Digital Lab Private Limited | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
Auditor
Solino International Private Limited is audited by VMRS & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VMRS & Co. | FY 2023 | 122750W |
Shareholding
The shareholding of Solino International Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solino International Private Limited, buy the company report.
Charges & borrowings
Open charges
₹37.6 Cr
Satisfied charges
₹6.72 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2024 | 100936812 | Others | ₹7.6 Cr | Open | |
| 11 Jul 2019 | 100278865 | Others | ₹30 Cr | Open | |
| 22 Oct 2020 | 100386050 | Others | ₹1.47 Cr | Satisfied | |
| 21 Jul 2018 | 100195293 | Others | ₹5.25 Cr | Satisfied |
To see the full charge records of Solino International Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Solino International Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Solino International Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solino International Private Limited has a workforce of 129 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
129
Active EPFO establishments
1
Employee growth
118.64%
GST
Solino International has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABACS2221H1ZP | Maharashtra | Active | 31 May 2018 |
To see the full GST registrations and return filing status of Solino International Private Limited, buy the company report.
Recent activity
Solino International Private Limited has 4 board changes on record since 2018: 3 appointments and 1 cessation. The latest: Sonam Budhia ceased to be Director on 01 Jan 2021.
Charges
A charge with Others of Rs. 3,000.00 Lakh registered on 11 Jul 2019 with Charge ID 100278865 was modified on 28 Jul 2025.
AGM
Solino International Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 22 Oct 2020 via Charge ID 100386050 with Others was fully satisfied on 25 Sep 2024.
Charges
A charge with Others amounted to Rs. 760.00 Lakh with Charge ID 100936812 was registered on 13 Jun 2024.
Filing
Solino International Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Sonam Budhia ceased to be Director.
Charges
A charge with Others amounted to Rs. 146.76 Lakh with Charge ID 100386050 was registered on 22 Oct 2020.
Charges
A charge registered on 21 Jul 2018 via Charge ID 100195293 with Others was fully satisfied on 07 Nov 2019.
Charges
A charge with Others amounted to Rs. 3,000.00 Lakh with Charge ID 100278865 was registered on 11 Jul 2019.
Charges
A charge with Others amounted to Rs. 525.00 Lakh with Charge ID 100195293 was registered on 21 Jul 2018.
Appointed
Kanishk Budhia was appointed as Director.
Appointed
Manoj Budhia was appointed as Director.
2 earlier events are in the company report.
Frequently asked questions
Solino International is an active private limited company based in Vasai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 24 April 2018 (8+ years old) and is registered under CIN U74994MH2018PTC308489.
Solino International has 2 current directors:
- Manoj Budhia - Director
- Kanishk Budhia - Director
The latest financial statements of Solino International on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Solino International is 27ABACS2221H1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solino International is U74994MH2018PTC308489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solino International was incorporated on 24 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Sonam Budhia ceased to be Director on 01 Jan 2021. Kanishk Budhia was appointed as Director on 24 Apr 2018. Manoj Budhia was appointed as Director on 24 Apr 2018. Solino International has 4 board changes on record in total.
Yes, Solino International is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-17-0017045).
Solino International can be reached through the website solinointernational.com. Its registered office is in Vasai, Maharashtra, India.
The registered office of Solino International is at Gala No101 Bldg No1 Satvik Bldg Inds Est Square Tungar Fata Sativali Vasai – East, Maharashtra, India – 401208.
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