Solar Industries India Profile
Key Indicators
- Authorised Capital ₹ 27.00 Cr
as on 11-07-2024
- Paid Up Capital ₹ 18.10 Cr
as on 11-07-2024
- Company Age 29 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1,338.77 Cr
as on 11-07-2024
- Satisfied Charges ₹ 378.07 Cr
as on 11-07-2024
- Revenue 64.48%
(FY 2023)
- Profit 70.31%
(FY 2023)
- Ebitda 67.63%
(FY 2023)
- Net Worth 29.43%
(FY 2023)
- Total Assets 37.83%
(FY 2023)
About Solar Industries India
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532725 and on the National Stock Exchange(NSE) under SOLARINDS.
The Corporate was formerly known as Solar Explosives Limited. The Company is engaged in the Musical Instruments Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 27.00 Cr and a paid-up capital of Rs 18.10 Cr.
The company currently has active open charges totaling ₹1,338.77 Cr. The company has closed loans amounting to ₹378.07 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Solar Industries India Limited India are Shalinee Mandhana as Cfo, Moneesh Agrawal as Cfo, and Khushboo Rai as Company Secretary. Manish Nuwal, Satyanarayan Nuwal, Natrajh Ramakrishna, and Five other members serve as directors at the Company.
Industry
Company Details
- Location
Nagpur, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media
- Apps
What products or services does Solar Industries India Limited offer?
Solar Industries India Limited offers a wide range of products and services, including Industrial Chemicals & Supplies, Water Treatment Chemicals, Product Engineering and Prototyping, Electronics Manufacturing Service.
Who are the key members and board of directors at Solar Industries India?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Manish Nuwal  | Managing Director | 25-Oct-2008 | Current |
| Shalinee Mandhana | CFO | 27-May-2021 | Current |
| Moneesh Agrawal | CFO | 27-May-2021 | Current |
| Khushboo Rai | Company Secretary | 11-Oct-2007 | Current |
Board Members(7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Suresh Menon | Whole-Time Director | 11-May-2018 | Current |
| Satyanarayan Nuwal | Director | 24-Feb-1995 | Current |
| Natrajh Ramakrishna | Director | 19-Oct-2022 | Current |
| Jagdish Belwal | Director | 05-Dec-2022 | Current |
| Dinesh Batra | Additional Director | 10-Apr-2024 | Current |
| Milind Deshmukh | Whole-Time Director | 29-Jul-2021 | Current |
Financial Performance and Corporate Structure Insights of Solar Industries India.
Solar Industries India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.48% increase. The company also saw a substantial improvement in profitability, with a 70.31% increase in profit. The company's net worth Soared by an impressive increase of 29.43%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Solar Industries India?
In 2023, Solar Industries India had a promoter holding of 73.15% and a public holding of 26.85%. The company had 6 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Som Distilleries Breweries & Wineries LimitedActive 31 years 8 monthsDinesh Batra is a mutual person
Vastu Housing Finance Corporation LimitedActive 19 years 10 monthsNatrajh Ramakrishna is a mutual person
Economic Explosives LimitedActive 29 years 4 monthsManish Nuwal, Satyanarayan Nuwal and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 01 Sep 2010 | ₹1,338.77 Cr | Open |
State Bank Of India Creation Date: 12 Jan 2017 | ₹50.00 Cr | Satisfied |
Citicorp Finance (India) Limited Creation Date: 03 May 2006 | ₹1.82 Cr | Satisfied |
How Many Employees Work at Solar Industries India?
Solar Industries India has a workforce of 1946 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Solar Industries India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Solar Industries India's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
