About Institute for Lean Construction Excellence
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Institute for Lean Construction Excellence is a public not for profit company based in Mumbai, Maharashtra, India. It operates in the general construction services segment of the infrastructure and utilities sector. It was incorporated on 17 November 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45200MH2008NPL188263. Its GSTIN is 27AABCI9926K1Z3 (Maharashtra).
It is led by directors including Akhil Kumar Gupta and Sagar Satish Gandhi.
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 Sp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
As per the financials filed for FY 2025, the company reported a revenue of ₹74.49 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹28.73 Lakh (net margin 38.6%) and EBITDA of ₹28.79 Lakh (EBITDA margin 38.6%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 29% over five years.
The company is associated with 1 brand: ILCE.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ilce.in.
Company details
Contact details
Institute for Lean Construction Excellence's registered office is in Mumbai, Maharashtra. Its website is ilce.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressSp Centre 41/44 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005
- IndustryInfrastructure and Utilities, General Construction Services
To see the full contact details of Institute for Lean Construction Excellence, buy the company report.
- 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
Business activity
The main business activity of Institute for Lean Construction Excellence is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Institute for Lean Construction Excellence, buy the company report.
Financials of Institute for Lean Construction Excellence
FY 2025 filings availableInstitute for Lean Construction Excellence reported revenue of ₹74.49 Lakh (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 29%. EBITDA rose 202% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹28.79 Lakh | ||||
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| Net Profit (PAT) | ₹28.73 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 38.6% | ||||
| Net Profit Margin | 38.6% | ||||
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To see the full financial statements and ratios of Institute for Lean Construction Excellence, buy the company report.
Board of directors of Institute for Lean Construction Excellence
Institute for Lean Construction Excellence has 10 current directors and 29 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akhil Kumar Gupta | Director | 26 Aug 2022 | 4 Years 2 Months | Current |
| Sagar Satish Gandhi | Director | 20 Feb 2015 | 11 Years 8 Months | Current |
| Devarajan Chinnusamy Also directs: Modest Imperia Trading LLP, Bannari Amman Sugars Limited, Urc Construction Enterprise Private Limited and 5 more | Director | 19 Dec 2014 | 11 Years 10 Months | Current |
| Harleen Singh Oberoi Also directs: Sohna City LLP, Land Kart Builders Private Limited | Director | 17 Nov 2020 | 5 Years 11 Months | Current |
| Giridhar Rajagopalan | Director | 17 Nov 2011 | 14 Years 11 Months | Current |
| Ashutosh Kapoor | Director | 29 May 2024 | 2 Years 5 Months | Current |
Peer comparison
Institute for Lean Construction Excellence is compared with the 10 companies closest to it by revenue in the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navya Designs Private Limited | ₹74.77 Lakh (FY 2025) | 175.0% | Jaipur, Rajasthan, India | |||
| SLVP Engineering Services Private Limited | ₹74.74 Lakh (FY 2023) | 226.0% | Pune, Maharashtra, India | |||
| Ercom Consulting Engineers Private Limited | ₹74.74 Lakh (FY 2024) | 534.0% | Chennai, Tamil Nadu, India | |||
| Fine Pro Energy Private Limited | ₹74.59 Lakh (FY 2025) | 128.0% | Chennai, Tamil Nadu, India | |||
| Frosight Fintech Solutions Private Limited | ₹74.58 Lakh (FY 2024) | 22.0% | Bengaluru, Karnataka, India | |||
| Institute for Lean Construction Excellencethis company | ₹74.49 Lakh (FY 2025) | ₹28.73 Lakh | 38.6% | -19.0% | Mumbai, Maharashtra, India | |
| M2a Engineering & Technologies Private Limited | ₹74.4 Lakh (FY 2024) | -36.0% | Sriperumbudur, Tamil Nadu, India | |||
| Abl Structure Consultants Private Limited | ₹74.4 Lakh (FY 2025) | 1.0% | Delhi, India | |||
| Trariti Technical Services Private Limited | ₹74.4 Lakh (FY 2025) | -6.0% | Jaipur, Rajasthan, India | |||
| Aniket Techmart Services Private Limited | ₹74.23 Lakh (FY 2025) | -1.0% | Chandausi, Uttar Pradesh, India | |||
| Slavic Engineering Consultancy Private Limited | ₹74.21 Lakh (FY 2025) | 26.0% | New Delhi, Delhi, India |
To see the full peer comparison of Institute for Lean Construction Excellence, buy the company report.
Auditor
Institute for Lean Construction Excellence is audited by KAPADIA MAKWANA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KAPADIA MAKWANA & ASSOCIATES | FY 2023 | 126509W |
Shareholding
The shareholding of Institute for Lean Construction Excellence is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions and public shareholders.
| Shareholder category | FY 2023 | FY 2022 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public |
To see the full shareholding pattern of Institute for Lean Construction Excellence, buy the company report.
Legal cases
No court or tribunal cases involving Institute for Lean Construction Excellence are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Institute for Lean Construction Excellence; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Institute for Lean Construction Excellence has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI9926K1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Institute for Lean Construction Excellence, buy the company report.
Recent activity
Institute for Lean Construction Excellence has 40 board changes on record since 2008: 11 appointments and 29 cessations. The latest: Sreechand Sreedhar was appointed as Additional Director on 13 Oct 2025.
31 earlier events are in the company report.
Frequently asked questions
Institute for Lean Construction Excellence is an active public not for profit company based in Mumbai, Maharashtra, India. The company works in general construction services, within the infrastructure and utilities industry. It was incorporated on 17 November 2008 (18+ years old) and is registered under CIN U45200MH2008NPL188263.
Institute for Lean Construction Excellence has 10 current directors:
- Akhil Kumar Gupta - Director
- Sagar Satish Gandhi - Director
- Devarajan Chinnusamy - Director
- Harleen Singh Oberoi - Director
- Giridhar Rajagopalan - Director
- Ashutosh Kapoor - Director
- Debasish Guha - Director
- Anup Philipose Mathew - Director
- Koshy Varghese - Director
- Sreechand Sreedhar - Additional Director
The latest financial statements of Institute for Lean Construction Excellence on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Institute for Lean Construction Excellence is 27AABCI9926K1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Institute for Lean Construction Excellence is U45200MH2008NPL188263. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Institute for Lean Construction Excellence was incorporated on 17 November 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Institute for Lean Construction Excellence by revenue are Navya Designs Private Limited, SLVP Engineering Services Private Limited, Ercom Consulting Engineers Private Limited, Fine Pro Energy Private Limited, Frosight Fintech Solutions Private Limited and 5 more, all in the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Sreechand Sreedhar was appointed as Additional Director on 13 Oct 2025. Ashutosh Kapoor ceased to be Additional Director on 25 Sep 2024. Ashutosh Kapoor was appointed as Director on 29 May 2024. Institute for Lean Construction Excellence has 40 board changes on record in total.
Institute for Lean Construction Excellence can be reached through the website ilce.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Institute for Lean Construction Excellence is at Sp Centre 4144 Minoo Desai Marg Colaba, Mumbai, Maharashtra, India – 400005.
Institute for Lean Construction Excellence operates in the infrastructure and utilities industry, in the general construction services segment.
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