Solvotics Automation Limited
About Solvotics Automation Limited
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Solvotics Automation Limited is a public limited company based in Surat, Gujarat, India. It operates in the software products and publishing segment of the software and technology sector. It was incorporated on 15 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2019PLC108164. Its GSTIN is 24ABCCS0624C1Z0 (Gujarat).
The company has an authorised share capital of ₹21,000 and a paid-up capital of ₹21,000. It is led by directors including Manan Prasitbhai Mehta and Anurag Omprakash Khandelwal.
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 Sy. No. 1255/C 2nd Floor Flat Q – 2. T.P.No.2. Nr.Sub Station Timaliyawad, Surat, Gujarat, India – 395001.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.76 Lakh, a growth of 20% compared to the previous year. For the same year it recorded a net loss of ₹2.58 Lakh (net margin -4.3%) and EBITDA of -₹2.58 Lakh (EBITDA margin -4.3%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 26% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
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- Registered AddressSy. No. 1255/C 2nd Floor Flat Q – 2. T.P.No.2. Nr.Sub Station Timaliyawad, Surat, Gujarat, India – 395001
- IndustrySoftware, Software Publishing, Software Development
- 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 of Solvotics Automation Limited
The main business activity of Solvotics Automation 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 Solvotics Automation Limited FY 2025 filings available
Solvotics Automation Limited reported revenue of ₹59.76 Lakh (up 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Solvotics Automation Limited
Revenue has grown at a compounded annual rate (CAGR) of 26% over five years, including 20% growth in the latest year. EBITDA fell 774% 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 Solvotics Automation 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 | -₹2.58 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.58 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Solvotics Automation Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.3% | •••• | •••• | •••• | •••• |
| 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 Solvotics Automation are in the company report.
Financial statements from FY 2020
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 Solvotics Automation Limited
Solvotics Automation Limited is compared with the companies closest to it by revenue in the Engineering industry (Automation). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shrestha Automation Private Limited | ₹61.02 Lakh (FY 2018) | •••• | •••• | •••• | Jaipur, Rajasthan, India | |
| Smart Living Home Automation Private Limited | ₹60.6 Lakh (FY 2024) | •••• | •••• | 37.0% | •••• | Nashik, Maharashtra, India |
| Enalito Automation Private Limited | ₹60.52 Lakh (FY 2025) | •••• | •••• | -15.0% | •••• | Goregaon-E, Mumbai, Maharashtra, India |
| Asaies Automation Private Limited | ₹60.45 Lakh (FY 2025) | •••• | •••• | 84.0% | •••• | Ernakulam, Kerala, India |
| Aniket Automation (India) Private Limited | ₹60.29 Lakh (FY 2025) | •••• | •••• | -38.0% | •••• | Bhiwadi, Rajasthan, India |
| Solvotics Automation Limited this company | ₹59.76 Lakh (FY 2025) | •••• | •••• | 20.0% | •••• | Surat, Gujarat, India |
| Ambrosia Automation Private Limited | ₹59.64 Lakh (FY 2025) | •••• | •••• | 136.0% | •••• | Mangrol, Gujarat, India |
| Object Automation System Solutions Private Limited | ₹59.59 Lakh (FY 2024) | •••• | •••• | -39.0% | •••• | Chennai, Tamil Nadu, India |
| Venkat Automation Private Limited | ₹59.22 Lakh (FY 2025) | •••• | •••• | 16.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Global Ledger Automation Private Limited | ₹59.16 Lakh (FY 2025) | •••• | •••• | 814.0% | •••• | New Delhi, Delhi, India |
| SNT Rail Automation Private Limited | ₹59 Lakh (FY 2023) | •••• | •••• | 57.0% | •••• | Bilaspur, Chhattisgarh, India |
Peers are the five companies nearest above and the five nearest below Solvotics Automation by revenue in the Engineering industry (Automation), 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 Solvotics Automation Limited
Solvotics Automation has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manan Prasitbhai Mehta | Director | 15 May 2019 | 7 Years 4 Months | Current |
| Anurag Omprakash Khandelwal | Director | 15 May 2019 | 7 Years 4 Months | Current |
| Prasit Sudhakarbhai Mehta | Director | 15 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Solvotics Automation 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 Solvotics Automation Limited
Solvotics Automation Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Solvotics Automation Limited
Solvotics Automation Limited has a workforce of 23 employees as of Apr 06, 2024.
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 Solvotics Automation Limited
Solvotics Automation Limited has 3 board changes on record since 2019: 3 appointments. The latest: Anurag Omprakash Khandelwal was appointed as Director on 15 May 2019.
Credit Ratings, Litigation & Regulatory Alerts for Solvotics Automation 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 Solvotics Automation 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 Solvotics Automation 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 Solvotics Automation Limited
Solvotics Automation has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24ABCCS0624C1Z0 | Gujarat | Active | 03 Nov 2021 |
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 Solvotics Automation 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 Solvotics Automation Limited
Solvotics Automation is an active public limited company based in Surat, Gujarat, India. The company works in software publishing, within the software industry. It was incorporated on 15 May 2019 (7+ years old) and is registered under CIN U72200GJ2019PLC108164.
Solvotics Automation reported revenue of ₹59.76 Lakh for FY 2025 (up 20% YoY).
Solvotics Automation has 3 current directors:
- Manan Prasitbhai Mehta - Director
- Anurag Omprakash Khandelwal - Director
- Prasit Sudhakarbhai Mehta - Director
Solvotics Automation reported a net loss of ₹2.58 Lakh (net margin -4.3%) and EBITDA of -₹2.58 Lakh (EBITDA margin -4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solvotics Automation is 25% over three years and 26% over five years. In the latest year (FY 2025) revenue rose 20%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solvotics Automation is 24ABCCS0624C1Z0, registered in Gujarat.
The CIN (Corporate Identification Number) of Solvotics Automation is U72200GJ2019PLC108164. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvotics Automation was incorporated on 15 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Solvotics Automation by revenue are Shrestha Automation Private Limited, Smart Living Home Automation Private Limited, Enalito Automation Private Limited, Asaies Automation Private Limited, Aniket Automation (India) Private Limited and 5 more, all in the Engineering industry (Automation).
Anurag Omprakash Khandelwal was appointed as Director on 15 May 2019. Manan Prasitbhai Mehta was appointed as Director on 15 May 2019. Prasit Sudhakarbhai Mehta was appointed as Director on 15 May 2019.
The registered office of Solvotics Automation is at Sy. No. 1255C 2nd Floor Flat Q – 2. T.P.No.2. Nr.Sub Station Timaliyawad, Surat, Gujarat, India – 395001.