Laxsons Solar Solutions Private Limited

Laxsons Solar Solutions Private Limited - consumer electronics & durables in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
CIN U31909OR2016PTC025390 Incorporated 17 June 2016 ROC Cuttack HQ Bhubaneswar, Odisha, India
Active Private Limited Company consumer electronics and durables MSME · Micro
Data last updated
Revenue · FY 2021
₹20.28 Lakh
▼ 18% YoY
Net profit · FY 2021
₹7,560
Net margin 0.4%
EBITDA · FY 2021
₹19,934
EBITDA margin 1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Laxsons Solar Solutions Private Limited

Data last updated:

Laxsons Solar Solutions Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 June 2016 and has been in existence for over 10 years.

The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U31909OR2016PTC025390. Its GSTIN is 21AADCL0886H1ZO (Odisha).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Naresh Chandra Giri and Sangeeta Giri.

Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Ga – 215 Niladri Vihar Chandrasekhar Pur, Bhubaneswar, Odisha, India – 751021.

As per the financials filed for FY 2021, the company reported a revenue of ₹20.28 Lakh, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹7,560 (net margin 0.4%) and EBITDA of ₹19,934 (EBITDA margin 1%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years.

Laxsons Solar Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0008836). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U31909OR2016PTC025390
Registration Number 025390
Incorporation Date 17 June 2016
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-OD-19-0008836

Recognitions & Rankings of Laxsons Solar Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-OD-19-0008836

Contact details

Laxsons Solar Solutions Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address is in the company report.

  • Email
  • Registered Address
    Ga – 215 Niladri Vihar Chandrasekhar Pur, Bhubaneswar, Odisha, India – 751021
  • Industry
    Consumer Electronics & Durables, Electronic Appliances Retail & Distribution

To see the full contact details of Laxsons Solar Solutions Private Limited, buy the company report.

Comprehensive company report
Laxsons Solar Solutions 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 Laxsons Solar Solutions is trade. In detail, this covers retail trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading

To see the full business activity and turnover split of Laxsons Solar Solutions Private Limited, buy the company report.

Financials of Laxsons Solar Solutions Private Limited

FY 2021 filings available

Laxsons Solar Solutions Private Limited reported revenue of ₹20.28 Lakh (down 18% YoY) for FY 2021.

Revenue · FY 2021
₹20.28 Lakh ▼ 18%
Net profit · FY 2021
₹7,560 margin 0.4%
EBITDA · FY 2021
₹19,934 margin 1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 17%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 65%

Revenue fell 18% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 17%. EBITDA rose 8% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
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₹19,934
Profit Before Tax
Tax Expense
Net Profit (PAT)₹7,560
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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin1%
Net Profit Margin0.4%
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
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Laxsons Solar Solutions Private Limited, buy the company report.

Board of directors of Laxsons Solar Solutions Private Limited

Laxsons Solar Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Naresh Chandra GiriDirector17 Jun 201610 Years 4 MonthsCurrent
Sangeeta GiriDirector28 Mar 20197 Years 6 MonthsCurrent

Auditor

Laxsons Solar Solutions Private Limited is audited by TEJ RAJ & PAL for the financial year 2018.

Auditor firmFinancial yearFirm registration number
TEJ RAJ & PALFY 2018304124E

Shareholding

The shareholding of Laxsons Solar Solutions Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Laxsons Solar Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Laxsons Solar Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Laxsons Solar Solutions Private Limited has 1 active EPFO establishment as of Mar 31, 2024.

Active EPFO establishments
1

GST

Laxsons Solar Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
21AADCL0886H1ZOOdishaActive01 Jul 2017

To see the full GST registrations and return filing status of Laxsons Solar Solutions Private Limited, buy the company report.

Recent activity

Laxsons Solar Solutions Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Nalin Chandra Giri ceased to be Director on 28 Mar 2019.

AGM
Laxsons Solar Solutions Private Limited last Annual general meeting of members was held on 29 Nov 2021 as per latest MCA records.
Filing
Laxsons Solar Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Cuttack.
Ceased
Nalin Chandra Giri ceased to be Director.
Appointed
Sangeeta Giri was appointed as Director.
Appointed
Nalin Chandra Giri was appointed as Director.
Appointed
Naresh Chandra Giri was appointed as Director.
Incorporation
17 Jun 2016
Laxsons Solar Solutions Private Limited was registered on 17 Jun 2016 with Roc Cuttack & aged 10 years 4 months as per MCA records.

Frequently asked questions

Laxsons Solar Solutions is an active private limited company based in Bhubaneswar, Odisha, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 June 2016 (10+ years old) and is registered under CIN U31909OR2016PTC025390.

Laxsons Solar Solutions has 2 current directors:

The latest financial statements of Laxsons Solar Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Laxsons Solar Solutions is 21AADCL0886H1ZO, registered in Odisha.

The CIN (Corporate Identification Number) of Laxsons Solar Solutions is U31909OR2016PTC025390. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Laxsons Solar Solutions was incorporated on 17 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Cuttack.

Nalin Chandra Giri ceased to be Director on 28 Mar 2019. Sangeeta Giri was appointed as Director on 28 Mar 2019. Nalin Chandra Giri was appointed as Director on 17 Jun 2016. Laxsons Solar Solutions has 4 board changes on record in total.

Yes, Laxsons Solar Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-OD-19-0008836).

The registered office of Laxsons Solar Solutions is at Ga – 215 Niladri Vihar Chandrasekhar Pur, Bhubaneswar, Odisha, India – 751021.

Laxsons Solar Solutions operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.