About Surya Panel Private Limited
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Surya Panel Private Limited is a private limited company based in Chikmagalur, Karnataka, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 30 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U20296KA2014PTC111970. Its GSTIN is 29AAVCS3190D1ZW (Karnataka).
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.9 Cr. It is led by directors Hadihalli Byregowda Sudarshan and Rushil Krupesh Thakkar.
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 Chikmagalur, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹25.18 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹61.23 Lakh (net margin 2.4%) and EBITDA of ₹2.53 Cr (EBITDA margin 10%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 24% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Surya Click. As per MCA filings, the company has open charges of ₹25.91 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website suryaclick.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No 62K Phase – 2 KIADB Ambale Industrial Area Gowdanahal, Li, Chikmagalur, Karnataka, India – 577101
- IndustryManufacturing, Wood Products & MDF
- 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
CIN History of Surya Panel Private Limited
Surya Panel has one previous CIN (Corporate Identification Number): U20296GJ2014PTC081670. The current CIN is U20296KA2014PTC111970, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U20296KA2014PTC111970 | Current |
| U20296GJ2014PTC081670 | Previous |
Associated Brands with Surya Panel Private Limited
Surya Panel operates one associated brand: Surya Click. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces durable laminate flooring for residential and commercial spaces. | suryaclick.com |
Competitors & Alternatives of Surya Panel Private Limited
Brands and companies operating in the same space as Surya Panel Private Limited include Forbo Group, NITCO Tiles, Mohawk Industries and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Forbo Group | Home construction products including floor coverings and adhesives are manufactured. | Baar, Switzerland | 1928 |
 NITCO Tiles | Manufacturer & supplier of tiles, mosaic, and marbles | Mumbai, India | 2006 |
 Mohawk Industries | Carpet, rugs, and flooring products are manufactured and distributed. | Calhoun, United States | 1988 |
 Gerflor | Flooring and interior furnishing products are manufactured globally. | Tarare, France | 1937 |
 Marazzi | Ceramic tiles have been manufactured by Marazzi since 1935. | Sassuolo, Italy | 1935 |
 CFL Flooring | CFL flooring products are manufactured by the company in China. | Tsuen Wan, China | 2004 |
 Kährs | Wood and vinyl floors are manufactured by Kährs. | Altamonte Springs, United States | 1857 |
 Kahrs Group | Flooring solutions are manufactured and supplied by Kahrs Group. | Malmo, Sweden | 1857 |
 SWISS KRONO | Manufactures high-quality flooring and building materials for commercial and residential use. | Lucerne, Switzerland | 1966 |
Business Activity of Surya Panel Private Limited
The main business activity of Surya Panel is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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.
Auditor Details of Surya Panel Private Limited
Surya Panel Private Limited is audited by CHANDRASHEKAR KOTE & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CHANDRASHEKAR KOTE & CO | 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 Surya Panel Private Limited
Surya Panel has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hadihalli Byregowda Sudarshan Also directs: Alpl 3 LLP, R Surya Panel Private Limited, Conc Shade Constructions Private Limited and 1 more | Director | 30 Dec 2014 | 11 Years 9 Months | Current |
| Rushil Krupesh Thakkar | Director | 30 Dec 2014 | 11 Years 9 Months | Current |
Financials of Surya Panel Private Limited FY 2025 filings available
Surya Panel Private Limited reported revenue of ₹25.18 Cr (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Surya Panel Private Limited
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 13% 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 Surya Panel Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
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| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹61.23 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Surya Panel Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 Surya Panel 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.
Ownership and Shareholding of Surya Panel 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 Surya Panel Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2025 | Canara Bank | ₹11.2 Lakh | Open |
| 28 Nov 2024 | Canara Bank | ₹1 Cr | Open |
| 21 Nov 2023 | Canara Bank | ₹64.51 Lakh | Open |
| 01 Dec 2022 | Canara Bank | ₹1.75 Cr | Open |
| 26 Feb 2018 | Canara Bank | ₹7.4 Cr | Open |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Surya Panel Private Limited
Surya Panel Private Limited has a workforce of 44 employees as of Apr 05, 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.
GST Compliance of Surya Panel Private Limited
Surya Panel has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS3190D1ZW | Karnataka | 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.
Credit Ratings, Litigation & Regulatory Alerts for Surya Panel 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 Surya Panel 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 Surya Panel 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.
MCA Filings & Documents of Surya Panel 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.
Recent Activity on Surya Panel Private Limited
Frequently Asked Questions about Surya Panel Private Limited
Surya Panel is an active private limited company based in Chikmagalur, Karnataka, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 30 December 2014 (12+ years old) and is registered under CIN U20296KA2014PTC111970.
Surya Panel reported revenue of ₹25.18 Cr for FY 2025 (down 13% YoY).
Surya Panel has 2 current directors:
- Hadihalli Byregowda Sudarshan - Director
- Rushil Krupesh Thakkar - Director
Surya Panel reported a net profit of ₹61.23 Lakh (net margin 2.4%) and EBITDA of ₹2.53 Cr (EBITDA margin 10%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Surya Panel is 5% over three years and 24% over five years. In the latest year (FY 2025) revenue fell 13%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Surya Panel is 29AAVCS3190D1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Surya Panel is U20296KA2014PTC111970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Surya Panel was incorporated on 30 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Surya Panel can be reached through the website suryaclick.com. Its registered office is in Chikmagalur, Karnataka, India.