About Solthermal Panels Private Limited
Data last updated:
Solthermal Panels Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Perfect Infraengineers Limited and recognised as a startup by DPIIT. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 20 February 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31401MH2015PTC262109. Its GSTIN is 27AAICP0125C1ZX (Maharashtra).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Perfect Control Panels Private Limited. It is led by directors Krishna Nimesh Mehta and Parth Nimesh Mehta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.91 Cr, a growth of 47% compared to the previous year. For the same year it recorded a net profit of ₹12 Lakh (net margin 2.4%) and EBITDA of ₹46.08 Lakh (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 38% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹1.42 Cr and satisfied charges of ₹25 Lakh on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website perfectinfra.com.
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- Website
- Social MediaLocked
- Registered Address1905 19th Floor Rosella Mayuresh Chs, Bldg No 148 Pant Nagar Ghatkopar East, Mumbai, Maharashtra, India – 400075
- IndustryConsumer Electronics & Durables, Electronics 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 Solthermal Panels Private Limited
The main business activity of Solthermal Panels is manufacturing. In detail, this covers manufacture of electrical equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 27 | Manufacture of electrical equipment | 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 Solthermal Panels Private Limited FY 2025 filings available
Solthermal Panels Private Limited reported revenue of ₹4.91 Cr (up 47% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solthermal Panels Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 41% over five years, including 47% growth in the latest year. EBITDA fell 19% 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 Solthermal Panels Private Limited
| 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 | ₹46.08 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹12 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 Solthermal Panels Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.4% | •••• | •••• | •••• | •••• |
| 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 Solthermal Panels 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 Solthermal Panels Private Limited
Solthermal Panels Private Limited is audited by SATYENDRAJAIN for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SATYENDRAJAIN | 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 Solthermal Panels Private Limited
Solthermal Panels has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishna Nimesh Mehta | Director | 23 Aug 2021 | 5 Years 1 Months | Current |
| Parth Nimesh Mehta | Director | 28 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Solthermal Panels 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 Solthermal Panels Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 10 Jul 2024 | Others | ₹27 Lakh | Open |
| 05 Jul 2016 | Tjsb Sahakari Bank Limited | ₹1.15 Cr | Open |
| 11 Jul 2023 | Tjsb Sahakari Bank Limited | ₹25 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Solthermal Panels Private Limited
Solthermal Panels Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed. Status as checked between 30 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Wel Finish Metal Processors Private Limited | Pending |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Shriman Electrical Associates Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Wel Finish Metal Processors Private Limited | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed against the company by Shriman Electrical Associates Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Solthermal Panels Private Limited
Employment history and EPFO contributions of people linked to Solthermal Panels.
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.
News related to Solthermal Panels Private Limited
Recent Activity on Solthermal Panels Private Limited
Solthermal Panels Private Limited has 10 board changes on record since 2016: 2 appointments and 8 cessations. The latest: Atul Singh ceased to be Additional Director on 10 Mar 2023.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solthermal Panels 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 Solthermal Panels 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 Solthermal Panels 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 Solthermal Panels Private Limited
Solthermal Panels has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICP0125C1ZX | Maharashtra | Active | 01 Jul 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 Solthermal Panels 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 Solthermal Panels Private Limited
Solthermal Panels is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 20 February 2015 (11+ years old) and is registered under CIN U31401MH2015PTC262109.
Solthermal Panels reported revenue of ₹4.91 Cr for FY 2025 (up 47% YoY).
Solthermal Panels has 2 current directors:
- Krishna Nimesh Mehta - Director
- Parth Nimesh Mehta - Director
Solthermal Panels reported a net profit of ₹12 Lakh (net margin 2.4%) and EBITDA of ₹46.08 Lakh (EBITDA margin 9.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solthermal Panels is 38% over three years and 41% over five years. In the latest year (FY 2025) revenue rose 47%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solthermal Panels is 27AAICP0125C1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solthermal Panels is U31401MH2015PTC262109. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solthermal Panels has 5 court cases on record: 5 filed against it. 1 is pending.
Solthermal Panels was incorporated on 20 February 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.
Atul Singh ceased to be Additional Director on 10 Mar 2023. Arun Singh Kumar ceased to be Director on 14 Feb 2022. Krishna Nimesh Mehta ceased to be Additional Director on 15 Sep 2021. Solthermal Panels has 10 board changes on record in total.