About Solivar Software Development Company Private Limited
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Solivar Software Development Company Private Limited is a private limited company based in Shaikpet, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 May 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2002PTC038935. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹2.5 Lakh. It is led by directors Ajay Cherukuri (Whole-Time Director) and Sandeep Reddy Naidu.
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 Shaikpet, Telangana.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.02 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net profit of ₹14.25 Lakh (net margin 13.9%) and EBITDA of ₹27.96 Lakh (EBITDA margin 27.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solivar.com.
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- Registered AddressPlot No. 17 & 18 Flat No. 301 Vishnu Avenue, Krithika Layout Jai Hind Enclave, Shaikpet, Telangana, India – 500081
- IndustryInformation Technology, Application Development & Software Solutions
- 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 Solivar Software Development Company Private Limited FY 2025 filings available
Solivar Software Development Company Private Limited reported revenue of ₹1.02 Cr (down 56% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR) of Solivar Software Development Company Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 56% fall in the latest year. EBITDA rose 33% 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 Solivar Software Development Company Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.02 Cr | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• |
| EBITDA | ₹27.96 Lakh | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹14.25 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 of Solivar Software Development Company Private Limited
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 27.4% | •••• | •••• | •••• |
| Net Profit Margin | 13.9% | •••• | •••• | •••• |
| 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 Solivar Software Development Company 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.
Auditor Details of Solivar Software Development Company Private Limited
Solivar Software Development Company Private Limited is audited by V RAMESH & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V RAMESH & CO | 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 Solivar Software Development Company Private Limited
Solivar Software Development Company 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 |
|---|---|---|---|---|
| Ajay Cherukuri Also directs: 3N Sirius Consulting LLP, Triaa Exim Private Limited | Whole-Time Director | 05 Mar 2009 | 17 Years 7 Months | Current |
| Sandeep Reddy Naidu Also directs: Suncrisp Hospitality LLP | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Solivar Software Development Company 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 Solivar Software Development Company Private Limited
Solivar Software Development Company Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solivar Software Development Company Private Limited
Employment history and EPFO contributions of people linked to Solivar Software Development Company.
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.
CIN History of Solivar Software Development Company Private Limited
Solivar Software Development Company has one previous CIN (Corporate Identification Number): U72900AP2002PTC038935. The current CIN is U72900TG2002PTC038935, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900TG2002PTC038935 | Current |
| U72900AP2002PTC038935 | Previous |
Recent Activity on Solivar Software Development Company Private Limited
Solivar Software Development Company Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Ramarao Venkata Satya Nidadavolu ceased to be Director on 07 Oct 2024.
Credit Ratings, Litigation & Regulatory Alerts for Solivar Software Development Company 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 Solivar Software Development Company 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
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Subsidiaries & Group Companies of Solivar Software Development Company 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.
GST Compliance of Solivar Software Development Company Private Limited
Solivar Software Development Company has 1 GST registration on record, and it has been cancelled or is 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 Solivar Software Development Company 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.
Frequently Asked Questions about Solivar Software Development Company Private Limited
Solivar Software Development Company is an active private limited company based in Shaikpet, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 May 2002 (24+ years old) and is registered under CIN U72900TG2002PTC038935.
Solivar Software Development Company reported revenue of ₹1.02 Cr for FY 2018 (down 56% YoY).
Solivar Software Development Company has 2 current directors:
- Ajay Cherukuri - Whole-Time Director
- Sandeep Reddy Naidu - Director
Solivar Software Development Company reported a net profit of ₹14.25 Lakh (net margin 13.9%) and EBITDA of ₹27.96 Lakh (EBITDA margin 27.4%) for FY 2018, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solivar Software Development Company is -1% over three years. In the latest year (FY 2018) revenue fell 56%. CAGR is the steady yearly rate that links the first and the last year.
No. Solivar Software Development Company has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Solivar Software Development Company is U72900TG2002PTC038935. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solivar Software Development Company was incorporated on 13 May 2002, making it 24+ years old. It is registered with the Registrar of Companies, Hyderabad.
Ramarao Venkata Satya Nidadavolu ceased to be Director on 07 Oct 2024. Sandeep Reddy Naidu was appointed as Director on 30 Sep 2024. Viswapathi Rao Tadinada ceased to be Director on 16 Jan 2015. Solivar Software Development Company has 6 board changes on record in total.
Solivar Software Development Company can be reached through the website solivar.com. Its registered office is in Shaikpet, Telangana, India.