MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0061727
_PRIVATE_LIMITED.webp)
Solutech Industries (I) Private Limited - manufacturing in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹14.86 Cr
▲ 68% YoY
Net profit · FY 2023
₹98.12 Lakh
Net margin 6.6%
EBITDA · FY 2023
₹2 Cr
EBITDA margin 13.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹3.35 Cr
Issued & subscribed
Open charges
₹2.91 Cr
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
19
Provident fund records
About Solutech Industries (I) Private Limited
Data last updated:
Solutech Industries (I) Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the plastic-based products segment of the manufacturing sector. It was incorporated on 04 June 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25209PN2019PTC184562. Its GSTIN is 27ABCCS1626E1ZM (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.35 Cr. It is led by directors Sanjay Ramdas Bhapkar and Urnab Debnath.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at G No 156 1544 168 164 170 171 Pl No 40 Near Fujifilm Sericol, Pune, Maharashtra, India – 412208.
As per the financials filed for FY 2023, the company reported a revenue of ₹14.86 Cr, a growth of 68% compared to the previous year. For the same year it recorded a net profit of ₹98.12 Lakh (net margin 6.6%) and EBITDA of ₹2 Cr (EBITDA margin 13.4%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.91 Cr on record.
Solutech Industries (I) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0061727). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solutechindustries.com.
Company details
CIN U25209PN2019PTC184562
Registration Number 184562
Incorporation Date 04 June 2019
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0061727
Recognitions & Rankings of Solutech Industries (I)
Contact details
Solutech Industries (I) Private Limited's registered office is in Pune, Maharashtra. Its website is solutechindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressG No 156 1544 168 164 170 171 Pl No 40 Near Fujifilm Sericol, Pune, Maharashtra, India – 412208
- IndustryManufacturing, Plastic-Based Products
To see the full contact details of Solutech Industries (I) Private Limited, buy the company report.
Comprehensive company report
Solutech Industries (I) 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 Solutech Industries (I) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Solutech Industries (I) Private Limited, buy the company report.
Financials of Solutech Industries (I) Private Limited
FY 2023 filings availableSolutech Industries (I) Private Limited reported revenue of ₹14.86 Cr (up 68% YoY) for FY 2023.
Revenue · FY 2023
₹14.86 Cr ▲ 68%
Net profit · FY 2023
₹98.12 Lakh margin 6.6%
EBITDA · FY 2023
₹2 Cr margin 13.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 68%
3 years · compounded
▲ 26%
EBITDA CAGR growth
1 year
▲ 413%
3 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 26% over three years, including 68% growth in the latest year. EBITDA rose 413% 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 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 | ₹2 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹98.12 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 13.4% | |||
| Net Profit Margin | 6.6% | |||
| 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 | ||||
To see the full financial statements and ratios of Solutech Industries (I) Private Limited, buy the company report.
Board of directors of Solutech Industries (I) Private Limited
Solutech Industries (I) has 2 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 |
|---|---|---|---|---|
| Sanjay Ramdas Bhapkar | Director | 04 Jun 2019 | 7 Years 5 Months | Current |
| Urnab Debnath | Director | 04 Jun 2019 | 7 Years 5 Months | Current |
Peer comparison
Solutech Industries (I) Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Jagdamba Polyfabes Private Limited | ₹14.94 Cr (FY 2025) | 102.0% | Burdwan, West Bengal, India | |||
| Kanchratan Packaging Private Limited | ₹14.92 Cr (FY 2025) | 312.0% | Madhya Pradesh, India | |||
| Aleena Comercial Private Limited | ₹14.92 Cr (FY 2024) | 55.0% | Kolkata, West Bengal, India | |||
| Barron Plastics Private Limited | ₹14.88 Cr (FY 2023) | 65.0% | Vasai, Maharashtra, India | |||
| Solutech Industries (I) Private Limitedthis company | ₹14.86 Cr (FY 2023) | ₹98.12 Lakh | 6.6% | 68.0% | 19 | Pune, Maharashtra, India |
| Visma Plastics Private Limited | ₹14.85 Cr (FY 2025) | 5.0% | Murbad, Maharashtra, India | |||
| Parmeshwari Polyplast (India) Private Limited | ₹14.85 Cr (FY 2025) | 37.0% | Kolkata, West Bengal, India | |||
| Yadav Infrapolymers Private Limited | ₹14.81 Cr (FY 2025) | -10.0% | Gurgaon, Haryana, India | |||
| Southbihar Plastic Private Limited | ₹14.8 Cr (FY 2025) | 0.0% | Jamshedpur, Jharkhand, India |
To see the full peer comparison of Solutech Industries (I) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jun 2024 | 100952746 | Sidbi | ₹35 Lakh | Open | |
| 06 Mar 2020 | 100328126 | Sidbi | ₹80.71 Lakh | Open | |
| 18 Dec 2019 | 100309831 | Others | ₹1.34 Cr | Open | |
| 03 Oct 2019 | 100297478 | Others | ₹40.81 Lakh | Open |
To see the full charge records of Solutech Industries (I) Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Solutech Industries (I) 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 Solutech Industries (I) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Solutech Industries (I) Private Limited has a workforce of 19 employees on its EPFO records as of Mar 22, 2024, across 1 active EPFO establishment.
Employee count
19
Active EPFO establishments
1
Employee growth
-9.52%
GST
Solutech Industries (I) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27ABCCS1626E1ZM | Maharashtra | Active | 04 Jun 2019 |
To see the full GST registrations and return filing status of Solutech Industries (I) Private Limited, buy the company report.
Recent activity
Solutech Industries (I) Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Anita Sanjay Bhapkar ceased to be Director on 01 Jan 2020.
Charges
A charge with Sidbi amounted to Rs. 0.35 Cr with Charge ID 100952746 was registered on 19 Jun 2024.
AGM
Solutech Industries (I) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Solutech Industries (I) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
Charges
A charge with Others of Rs. 1.34 Cr registered on 18 Dec 2019 with Charge ID 100309831 was modified on 10 Sep 2020.
Charges
A charge with Sidbi amounted to Rs. 0.81 Cr with Charge ID 100328126 was registered on 06 Mar 2020.
Ceased
Anita Sanjay Bhapkar ceased to be Director.
Ceased
Shrabani Debnath ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.34 Cr with Charge ID 100309831 was registered on 18 Dec 2019.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100297478 was registered on 03 Oct 2019.
Appointed
Sanjay Ramdas Bhapkar was appointed as Director.
Appointed
Urnab Debnath was appointed as Director.
Incorporation
04 Jun 2019
Solutech Industries (I) Private Limited was registered on 04 Jun 2019 with Roc Pune & aged 7 years 5 months as per MCA records.
Frequently asked questions
Solutech Industries (I) is an active private limited company based in Pune, Maharashtra, India. The company works in plastic-based products, within the manufacturing industry. It was incorporated on 04 June 2019 (7+ years old) and is registered under CIN U25209PN2019PTC184562.
Solutech Industries (I) has 2 current directors:
- Sanjay Ramdas Bhapkar - Director
- Urnab Debnath - Director
The latest financial statements of Solutech Industries (I) on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Solutech Industries (I) is 27ABCCS1626E1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Solutech Industries (I) is U25209PN2019PTC184562. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solutech Industries (I) was incorporated on 04 June 2019, making it 7+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Solutech Industries (I) by revenue are Jagdamba Polyfabes Private Limited, Kanchratan Packaging Private Limited, Aleena Comercial Private Limited, Barron Plastics Private Limited, Visma Plastics Private Limited and 3 more, all in the Manufacturing industry (Plastic Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Anita Sanjay Bhapkar ceased to be Director on 01 Jan 2020. Shrabani Debnath ceased to be Director on 01 Jan 2020. Sanjay Ramdas Bhapkar was appointed as Director on 04 Jun 2019. Solutech Industries (I) has 4 board changes on record in total.
Yes, Solutech Industries (I) is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0061727).
Solutech Industries (I) can be reached through the website solutechindustries.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Solutech Industries (I) is at G No 156 1544 168 164 170 171 Pl No 40 Near Fujifilm Sericol, Pune, Maharashtra, India – 412208.
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