About Soltec Trackers Private Limited
Data last updated:
Soltec Trackers Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the home appliances segment of the electronics sector. It was incorporated on 20 February 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U29304DL2017PTC313201. Its GSTIN is 06AAYCS1760J1ZS (Haryana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4.5 Cr and a paid-up capital of ₹3.55 Cr. It is led by directors including Raul Morales Torres and Ravindranath Menon Kizhakkepat Bhaskaran.
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 4th Floor Rectangle No. 1 Commercial Complex D4, New Delhi, Delhi, India – 110017.
As per the financials filed for FY 2024, the company reported a revenue of ₹43.07 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net profit of ₹5 Lakh (net margin 11.6%) and EBITDA of ₹4.76 Lakh (EBITDA margin 11%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 25% over five years.
The company is associated with 1 brand: Soltec. The company has 2 deals on record (2 rights issues); the latest was in July 2018. Its 10 peer companies in the same principal business activity (Other support services to organizations) are compared by revenue, 5 larger and 5 smaller; the largest is Hyggelig Co-Working Private Limited with revenue of ₹43.14 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website soltec.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address4th Floor Rectangle No. 1 Commercial Complex D4, New Delhi, Delhi, India – 110017
- IndustryElectrnoics, Home Appliance, Manufacturing
- 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
Business Activity of Soltec Trackers Private Limited
The main business activity of Soltec Trackers is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | 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.
Financials of Soltec Trackers Private Limited FY 2025 filings available
Soltec Trackers Private Limited reported revenue of ₹43.07 Lakh (down 48% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Soltec Trackers Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 25% over five years, including a 48% fall in the latest year. EBITDA fell 50% 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 Soltec Trackers 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 | ₹4.76 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5 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 Soltec Trackers Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 11.6% | •••• | •••• | •••• | •••• |
| 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 Soltec Trackers are in the company report.
Financial statements from FY 2017
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 Soltec Trackers Private Limited
Soltec Trackers Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other support services to organizations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hyggelig Co-Working Private Limited | ₹43.14 Lakh (FY 2022) | •••• | •••• | 102.0% | •••• | Bangalore, Karnataka, India |
| Karbalaee Global Private Limited | ₹43.14 Lakh (FY 2025) | •••• | •••• | 96.0% | •••• | Srinagar, Jammu and Kashmir, India |
| VXMR Humanresource Private Limited | ₹43.13 Lakh (FY 2025) | •••• | •••• | 38.0% | •••• | Bangalore, Karnataka, India |
| Ctil Media Private Limited | ₹43.11 Lakh (FY 2024) | •••• | •••• | 4150.0% | •••• | Hyderabad, Telangana, India |
| Envirum Nature Private Limited | ₹43.11 Lakh (FY 2025) | •••• | •••• | 168.0% | •••• | Noida, Uttar Pradesh, India |
| Soltec Trackers Private Limited this company | ₹43.07 Lakh (FY 2024) | •••• | •••• | -48.0% | •••• | New Delhi, Delhi, India |
| Precision Painting Private Limited | ₹43.05 Lakh (FY 2025) | •••• | •••• | 5.0% | •••• | Jaipur, Rajasthan, India |
| Hamari Aastha Foundation | ₹43.05 Lakh (FY 2024) | •••• | •••• | 6.0% | •••• | Ambala, Haryana, India |
| Yarn Owls Online Solutions Private Limited | ₹43.05 Lakh (FY 2025) | •••• | •••• | -35.0% | •••• | Srerampore, West Bengal, India |
| Gnanlex Hermeneutics Private Limited | ₹43.04 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Mumbai, Maharashtra, India |
| Evershine Interiors (Chennai) Private Limited | ₹43 Lakh (FY 2022) | •••• | •••• | -26.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Soltec Trackers by revenue in the same principal business activity (Other support services to organizations), 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 Soltec Trackers Private Limited
Soltec Trackers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raul Morales Torres | Director | 20 Feb 2017 | 9 Years 7 Months | Current |
| Ravindranath Menon Kizhakkepat Bhaskaran | Director | 10 Nov 2022 | 3 Years 11 Months | Current |
| Andres Carretero Arbona | Director | 11 Apr 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Soltec Trackers 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 Soltec Trackers Private Limited
Soltec Trackers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Soltec Trackers Private Limited
Soltec Trackers Private Limited has 2 deals on record (2 rights issues); the latest was in July 2018.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2018 | Rights issue | ₹1.75 Cr | Investors: an individual |
| Jul 2017 | Rights issue | ₹1.47 Cr | Investors: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Soltec Trackers Private Limited
Soltec Trackers operates one associated brand: Soltec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Photovoltaic solar energy technologies are developed by Soltec. | soltec.com |
Employees and EPFO Compliance at Soltec Trackers Private Limited
Employment history and EPFO contributions of people linked to Soltec Trackers.
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 Soltec Trackers Private Limited
Soltec Trackers Private Limited has 5 board changes on record since 2017: 4 appointments and 1 cessation. The latest: Andres Carretero Arbona was appointed as Director on 11 Apr 2025.
Credit Ratings, Litigation & Regulatory Alerts for Soltec Trackers 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 Soltec Trackers 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 Soltec Trackers 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 Soltec Trackers Private Limited
Soltec Trackers has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAYCS1760J1ZS | Haryana | Active | 17 Aug 2017 |
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 Soltec Trackers 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 Soltec Trackers Private Limited
Soltec Trackers is an active private limited company based in New Delhi, Delhi, India. The company works in home appliance, within the electronics industry. It was incorporated on 20 February 2017 (9+ years old) and is registered under CIN U29304DL2017PTC313201.
Soltec Trackers reported revenue of ₹43.07 Lakh for FY 2024 (down 48% YoY).
Soltec Trackers has 3 current directors:
- Raul Morales Torres - Director
- Ravindranath Menon Kizhakkepat Bhaskaran - Director
- Andres Carretero Arbona - Director
Soltec Trackers reported a net profit of ₹5 Lakh (net margin 11.6%) and EBITDA of ₹4.76 Lakh (EBITDA margin 11%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Soltec Trackers is -33% over three years and -25% over five years. In the latest year (FY 2024) revenue fell 48%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Soltec Trackers is 06AAYCS1760J1ZS, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Soltec Trackers is U29304DL2017PTC313201. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Soltec Trackers was incorporated on 20 February 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Soltec Trackers has 2 deals on record (2 rights issues); the latest was in July 2018.
The peers of Soltec Trackers by revenue are Hyggelig Co-Working Private Limited, Karbalaee Global Private Limited, VXMR Humanresource Private Limited, Ctil Media Private Limited, Envirum Nature Private Limited and 5 more, all in the same principal business activity (Other support services to organizations).
Andres Carretero Arbona was appointed as Director on 11 Apr 2025. Krishma Dagar ceased to be Director on 15 Nov 2022. Ravindranath Menon Kizhakkepat Bhaskaran was appointed as Director on 10 Nov 2022. Soltec Trackers has 5 board changes on record in total.