MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0036147
Solitis Electrical Solutions Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹27.6 Cr
▲ 171% YoY
Net profit · FY 2025
₹59.2 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹1.01 Cr
EBITDA margin 3.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹3.1 Cr
Company age
11 yrs
Est. 2015
Directors on board
4
As per MCA filings
About Solitis Electrical Solutions Private Limited
Data last updated:
Solitis Electrical Solutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power epc segment of the energy and power sector. It was incorporated on 27 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29300PN2015PTC155184. Its GSTIN is 27AAVCS7714F1ZU (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Devidas Bhaskar Phalak and Rohit Jayant Deshpande (Manager).
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 Flat No. 404 Building G Venkatesh Serenity S. No. 128 Dsk Vishwa Road Dhayari, Pune, Maharashtra, India – 411041.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.6 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹59.2 Lakh (net margin 2.1%) and EBITDA of ₹1.01 Cr (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years and 58% over five years.
As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹3.1 Cr on record.
Solitis Electrical Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0036147). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solitisgroup.com.
Company details
CIN U29300PN2015PTC155184
Registration Number 155184
Incorporation Date 27 May 2015
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0036147
Key People
Devidas Bhaskar Phalak Director Rohit Jayant Deshpande Manager Gaurav Suhas Mahajan Director Recognitions & Rankings of Solitis Electrical Solutions
Contact details
Solitis Electrical Solutions Private Limited's registered office is in Pune, Maharashtra. Its website is solitisgroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 404 Building G Venkatesh Serenity S. No. 128 Dsk Vishwa Road Dhayari, Pune, Maharashtra, India – 411041
- IndustryEnergy and Power, Power EPC, BoP & BTG Services
To see the full contact details of Solitis Electrical Solutions Private Limited, buy the company report.
Comprehensive company report
Solitis Electrical Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Solitis Electrical Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Solitis Electrical Solutions Private Limited, buy the company report.
Financials of Solitis Electrical Solutions Private Limited
FY 2025 filings availableSolitis Electrical Solutions Private Limited reported revenue of ₹27.6 Cr (up 171% YoY) for FY 2025.
Revenue · FY 2025
₹27.6 Cr ▲ 171%
Net profit · FY 2025
₹59.2 Lakh margin 2.1%
EBITDA · FY 2025
₹1.01 Cr margin 3.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 171%
3 years · compounded
▲ 80%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 172%
3 years · compounded
▲ 38%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 171% growth in the latest year. EBITDA rose 172% 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 |
|---|---|---|---|---|---|
| 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 | ₹1.01 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹59.2 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Solitis Electrical Solutions Private Limited, buy the company report.
Board of directors of Solitis Electrical Solutions Private Limited
Solitis Electrical Solutions has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devidas Bhaskar Phalak Also directs: Osg Oriana India Private Limited | Director | 01 Aug 2019 | 7 Years 2 Months | Current |
| Rohit Jayant Deshpande Also directs: Oriana Steelwill Private Limited, Oriana Solar System Private Limited, Osg Oriana India Private Limited and 4 more | Manager | 27 May 2015 | 11 Years 5 Months | Current |
| Gaurav Suhas Mahajan Also directs: Oriana Steelwill Private Limited, Osg Oriana India Private Limited, Oriana Inverters Technology Private Limited and 4 more | Director | 16 Nov 2019 | 6 Years 11 Months | Current |
| Rushikesh Ashok Gulve Also directs: Oriana Steelwill Private Limited, Oriana Solar System Private Limited, Osg Oriana India Private Limited and 1 more | Director | 27 May 2015 | 11 Years 5 Months | Current |
Auditor
Solitis Electrical Solutions Private Limited is audited by Neeket Patwari & Company for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Neeket Patwari & Company | FY 2023 | 154648 |
Shareholding
The shareholding of Solitis Electrical Solutions 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 Solitis Electrical Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.5 Cr
Satisfied charges
₹3.1 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Dec 2022 | 100668361 | Hdfc Bank Limited | ₹1.5 Cr | Open | |
| 29 Jan 2021 | 100417173 | State Bank of India | ₹3.1 Cr | Satisfied |
To see the full charge records of Solitis Electrical Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Solitis Electrical Solutions 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 Solitis Electrical Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solitis Electrical Solutions Private Limited has 1 active EPFO establishment as of Mar 27, 2024.
Active EPFO establishments
1
GST
Solitis Electrical Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAVCS7714F1ZU | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solitis Electrical Solutions Private Limited, buy the company report.
Recent activity
Solitis Electrical Solutions Private Limited has 5 board changes on record since 2015: 4 appointments and 1 cessation. The latest: Suhas Govinda Mahajan ceased to be Director on 24 Nov 2023.
AGM
Solitis Electrical Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Solitis Electrical Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge with Hdfc Bank Limited of Rs. 150.00 Lakh registered on 02 Dec 2022 with Charge ID 100668361 was modified on 18 Dec 2024.
Charges
A charge registered on 29 Jan 2021 via Charge ID 100417173 with State Bank Of India was fully satisfied on 28 Nov 2023.
Ceased
Suhas Govinda Mahajan ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 150.00 Lakh with Charge ID 100668361 was registered on 02 Dec 2022.
Charges
A charge with State Bank Of India of Rs. 310.00 Lakh registered on 29 Jan 2021 with Charge ID 100417173 was modified on 07 May 2022.
Charges
A charge with State Bank Of India amounted to Rs. 310.00 Lakh with Charge ID 100417173 was registered on 29 Jan 2021.
Appointed
Gaurav Suhas Mahajan was appointed as Director.
Appointed
Devidas Bhaskar Phalak was appointed as Director.
Appointed
Rohit Jayant Deshpande was appointed as Manager.
Appointed
Rushikesh Ashok Gulve was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Solitis Electrical Solutions is an active private limited company based in Pune, Maharashtra, India. The company works in power epc, within the energy and power industry. It was incorporated on 27 May 2015 (11+ years old) and is registered under CIN U29300PN2015PTC155184.
Solitis Electrical Solutions has 4 current directors:
- Devidas Bhaskar Phalak - Director
- Gaurav Suhas Mahajan - Director
- Rushikesh Ashok Gulve - Director
- Rohit Jayant Deshpande - Manager
The latest financial statements of Solitis Electrical Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Solitis Electrical Solutions is 27AAVCS7714F1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solitis Electrical Solutions is U29300PN2015PTC155184. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solitis Electrical Solutions was incorporated on 27 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Pune.
Suhas Govinda Mahajan ceased to be Director on 24 Nov 2023. Gaurav Suhas Mahajan was appointed as Director on 16 Nov 2019. Devidas Bhaskar Phalak was appointed as Director on 01 Aug 2019. Solitis Electrical Solutions has 5 board changes on record in total.
Yes, Solitis Electrical Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0036147).
Solitis Electrical Solutions can be reached through the website solitisgroup.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Solitis Electrical Solutions is at Flat No. 404 Building G Venkatesh Serenity S. No. 128 Dsk Vishwa Road Dhayari, Pune, Maharashtra, India – 411041.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages