Solvosol Paints Pvt Ltd - manufacturing in Hyderabad, Telangana, India. FY 2026 financials & compliance.
CIN U24220TG1993PTC016536 Incorporated 08 November 1993 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company manufacturing MSME · Micro
Data last updated
Revenue · FY 2024
₹8.55 Cr
▼ 10% YoY
Net profit · FY 2024
₹36.08 Lakh
Net margin 4.2%
EBITDA · FY 2024
₹61.68 Lakh
EBITDA margin 7.2%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹38.68 Lakh
Issued & subscribed
Open charges
₹4.57 Cr
Satisfied ₹3.17 Cr
Company age
33 yrs
Est. 1993
Employees · EPFO
16
Provident fund records

About Solvosol Paints Pvt Ltd

Data last updated:

Solvosol Paints Pvt Ltd is a private limited company based in Hyderabad, Telangana, India. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 08 November 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24220TG1993PTC016536. Its GSTIN is 36AADCS8737L1ZR (Telangana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹38.68 Lakh. It is led by directors including Konduri Ramachandra Murthy (Managing Director) and Konduri Saraswathi.

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at D – 10 Jeedimetla Hyderabadd – 10 Jeedimetla Hyderabad D – 10 Jeedimetla Hyderabad, Telangana, India – 500055.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.55 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹36.08 Lakh (net margin 4.2%) and EBITDA of ₹61.68 Lakh (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 9% over five years.

The company has about 16 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Solvosol. As per MCA filings, the company has open charges of ₹4.57 Cr and satisfied charges of ₹3.17 Cr on record.

Solvosol Paints Pvt Ltd is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0000873). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solvosolpaints.com.

Company details

CIN U24220TG1993PTC016536
Registration Number 016536
Incorporation Date 08 November 1993
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TS-20-0000873

CIN history

Solvosol Paints has one previous CIN (Corporate Identification Number): U24220AP1993PTC016536. The current CIN is U24220TG1993PTC016536, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U24220TG1993PTC016536Current
U24220AP1993PTC016536Previous

Recognitions & Rankings of Solvosol Paints

MSME (Udyam registered) Ministry of MSME
Category
Micro (2022-23)
Udyam number
UDYAM-TS-20-0000873

Contact details

Solvosol Paints Pvt Ltd's registered office is in Hyderabad, Telangana. Its website is solvosolpaints.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    D – 10 Jeedimetla Hyderabadd – 10 Jeedimetla Hyderabad D – 10 Jeedimetla Hyderabad, Telangana, India – 500055
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Solvosol Paints Pvt Ltd, buy the company report.

Comprehensive company report
Solvosol Paints Pvt Ltd - 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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Brands

Solvosol Paints operates one associated brand: Solvosol. Each brand links to its own profile.

BrandDescriptionWebsite
Manufacture and supply of polyurethane coatings and related industrial products.solvosolpaints.com

Business activity

The main business activity of Solvosol Paints is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Solvosol Paints Pvt Ltd, buy the company report.

Financials of Solvosol Paints Pvt Ltd

FY 2025 filings available

Solvosol Paints Pvt Ltd reported revenue of ₹8.55 Cr (down 10% YoY) for FY 2024.

Revenue · FY 2024
₹8.55 Cr ▼ 10%
Net profit · FY 2024
₹36.08 Lakh margin 4.2%
EBITDA · FY 2024
₹61.68 Lakh margin 7.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 10%
3 years · compounded
▲ 22%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▲ 23%
5 years · compounded
▲ 10%

Revenue fell 10% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 2% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹61.68 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹36.08 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin7.2%
Net Profit Margin4.2%
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 Solvosol Paints Pvt Ltd, buy the company report.

Board of directors of Solvosol Paints Pvt Ltd

Solvosol Paints has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Konduri SaraswathiDirector01 Apr 20197 Years 6 MonthsCurrent
Bhramaramba KonduriDirector08 Nov 199332 Years 11 MonthsCurrent
Konduri Ramachandra MurthyManaging Director16 Jan 200620 Years 9 MonthsCurrent

Auditor

Solvosol Paints Pvt Ltd is audited by RAJU & SRINIVAS CHARTERED ACCOUNTANTS for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RAJU & SRINIVAS CHARTERED ACCOUNTANTSFY 2023007184S

Shareholding

The shareholding of Solvosol Paints Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Solvosol Paints Pvt Ltd, buy the company report.

Charges & borrowings

Open charges
₹4.57 Cr
Satisfied charges
₹3.17 Cr
Breakdown by lending institutions
City Union Bank Limited₹2.45 Cr
Others₹2.05 Cr
Model Financial Corporation Ltd.₹0.07 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Mar 2025101089956Others₹20 LakhOpen
24 Sep 201510601361Others₹1.85 CrOpen
10 Jun 201010224509City Union Bank Limited₹30 LakhOpen
14 Aug 200810118142City Union Bank Limited₹60 LakhOpen
31 Oct 200710076122City Union Bank Limited₹1.55 CrOpen

To see the full charge records of Solvosol Paints Pvt Ltd, buy the company report.

Total charge records: 13 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Solvosol Paints Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Solvosol Paints Pvt Ltd has a workforce of 16 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.

Employee count
16
Active EPFO establishments
1
Employee growth
-5.88%

GST

Solvosol Paints has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
36AADCS8737L1ZRTelanganaActive01 Jul 2017

To see the full GST registrations and return filing status of Solvosol Paints Pvt Ltd, buy the company report.

Recent activity

Solvosol Paints Pvt Ltd has 5 board changes on record since 1993: 3 appointments and 2 cessations. The latest: Konduri Ramachandra Murthy ceased to be Director on 01 Apr 2019.

AGM
Solvosol Paints Pvt Ltd last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Filing
Solvosol Paints Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Hyderabad.
Charges
A charge with Others amounted to Rs. 20.00 Lakh with Charge ID 101089956 was registered on 07 Mar 2025.
Ceased
Konduri Ramachandra Murthy ceased to be Director.
Appointed
Konduri Saraswathi was appointed as Director.
Ceased
Venkateswarlu Konduri ceased to be Managing Director.
Charges
A charge with Others of Rs. 185.00 Lakh registered on 24 Sep 2015 with Charge ID 10601361 was modified on 09 Mar 2017.
Charges
A charge with Others amounted to Rs. 185.00 Lakh with Charge ID 10601361 was registered on 24 Sep 2015.
Charges
A charge with City Union Bank Limited of Rs. 155.00 Lakh registered on 31 Oct 2007 with Charge ID 10076122 was modified on 16 Jul 2015.
Charges
A charge with City Union Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 10224509 was registered on 10 Jun 2010.
Charges
A charge with City Union Bank Limited amounted to Rs. 60.00 Lakh with Charge ID 10118142 was registered on 14 Aug 2008.
Charges
A charge with City Union Bank Limited amounted to Rs. 155.00 Lakh with Charge ID 10076122 was registered on 31 Oct 2007.

20 earlier events are in the company report.

Frequently asked questions

Solvosol Paints is an active private limited company based in Hyderabad, Telangana, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 08 November 1993 (33+ years old) and is registered under CIN U24220TG1993PTC016536.

Solvosol Paints has 3 current directors:

The latest financial statements of Solvosol Paints on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Solvosol Paints is 36AADCS8737L1ZR, registered in Telangana. 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 Solvosol Paints is U24220TG1993PTC016536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Solvosol Paints was incorporated on 08 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Hyderabad.

Konduri Ramachandra Murthy ceased to be Director on 01 Apr 2019. Konduri Saraswathi was appointed as Director on 01 Apr 2019. Venkateswarlu Konduri ceased to be Managing Director on 30 Jan 2019. Solvosol Paints has 5 board changes on record in total.

Yes, Solvosol Paints is registered as a micro enterprise under Udyam registration (number: UDYAM-TS-20-0000873).

Solvosol Paints can be reached through the website solvosolpaints.com. Its registered office is in Hyderabad, Telangana, India.

The registered office of Solvosol Paints is at D – 10 Jeedimetla Hyderabadd – 10 Jeedimetla Hyderabad D – 10 Jeedimetla Hyderabad, Telangana, India – 500055.