About Lanco Solar Energy Private Limited
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Lanco Solar Energy Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Lanco Infratech Limited. It operates in the power infrastructure and energy projects segment of the infrastructure and utilities sector. It was incorporated on 16 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U40109TG2009PTC064018. Its GSTIN is 36AABCL7372G1ZE (Telangana). The company holds 12 GST registrations, of which 11 are active.
The company has an authorised share capital of ₹2,000 Cr and a paid-up capital of ₹200.1 Cr. It was formerly known as Lanco Solar Projects (India) Private Limited. It is led by directors Jitendra Vir Singh and Kamal Kant Maheshwari.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot # 4 Software Units Layout Hitec City Madhapur, Hyderabad, Telangana, India – 500081.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.25 Cr, a decline of 79% compared to the previous year. For the same year it recorded a net loss of ₹3.86 Cr (net margin -61.8%) and EBITDA of -₹3.48 Cr (EBITDA margin -55.7%). Revenue has declined at a compounded annual rate (CAGR) of 50% over three years.
The company has about 45 employees on its provident fund (EPFO) records. Its group structure includes 14 subsidiaries.
The company is associated with 2 brands: Lanco Solar Energy and Lanco Infratech. As per MCA filings, the company has open charges of ₹12,552 Cr and satisfied charges of ₹330.39 Cr on record. Court records list 47 cases involving the company, including 15 filed by the company and 32 filed against it; 2 cases are pending. The company has 10 deals on record (4 secondary share transfers, 3 rights issues, 3 funding rounds), with disclosed funding of ₹459.62 Cr; the latest was in March 2018. The company has 16 MSME Form 1 returns on record between 2012 and 2019, listing 68 overdue payments to 16 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lancogroup.com.
Company details
CIN history
Lanco Solar Energy has one previous CIN (Corporate Identification Number): U40109AP2009PTC064018. The current CIN is U40109TG2009PTC064018, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U40109TG2009PTC064018 | Current |
| U40109AP2009PTC064018 | Previous |
Contact details
Lanco Solar Energy Private Limited's registered office is in Hyderabad, Telangana. Its website is lancogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot # 4 Software Units Layout Hitec City Madhapur, Hyderabad, Telangana, India – 500081
- IndustryInfrastructure and Utilities, Power Infrastructure & Energy Projects
To see the full contact details of Lanco Solar Energy Private Limited, 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
Brands
Lanco Solar Energy operates two associated brands: Lanco Solar Energy and Lanco Infratech. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures solar PV modules for renewable energy applications. | lancosolar.com | |
| Multinational conglomerate with diverse interests in industries such as heavy equipment, construction, and power generation | lancogroup.com |
Business activity
The main business activity of Lanco Solar Energy is construction. In detail, this covers demolition & site preparation, electrical, plumbing & other specialized construction activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F3 | Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities |
To see the full business activity and turnover split of Lanco Solar Energy Private Limited, buy the company report.
Financials of Lanco Solar Energy Private Limited
FY 2024 filings availableLanco Solar Energy Private Limited reported revenue of ₹6.25 Cr (down 79% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 50% over three years, including a 79% fall in the latest year. EBITDA fell 103% 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 | -₹3.48 Cr | ||||
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| Net Profit (PAT) | -₹3.86 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -55.7% | ||||
| Net Profit Margin | -61.8% | ||||
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To see the full financial statements and ratios of Lanco Solar Energy Private Limited, buy the company report.
Board of directors of Lanco Solar Energy Private Limited
Lanco Solar Energy has 2 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kamal Kant Maheshwari | Additional Director | 12 Dec 2024 | 1 Years 10 Months | Current |
| Jitendra Vir Singh | Director | 19 May 2023 | 3 Years 5 Months | Current |
Shareholding
The shareholding of Lanco Solar Energy Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Lanco Solar Energy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 May 2023 | 100719916 | Others | ₹152.35 Cr | Open | |
| 19 May 2023 | 100720285 | Others | ₹116.22 Cr | Open | |
| 23 Apr 2015 | 10569290 | Others | ₹1,128.68 Cr | Open | |
| 08 Dec 2014 | 10543393 | Idbi Trusteeship Services Limited | ₹11,155 Cr | Open | |
| 29 Jun 2015 | 10582156 | Central Bank of India Limited | ₹50 Cr | Satisfied |
To see the full charge records of Lanco Solar Energy Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Lanco Solar Energy Private Limited has 10 deals on record (4 secondary share transfers, 3 rights issues, 3 funding rounds), with disclosed funding of ₹459.62 Cr; the latest was in March 2018.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: Relit Infratech Limited , Thebe Properties Private Limited , Portia Properties Private Limited Seller: Lanco Infratech Limited |
| Jun 2016 | Secondary share transfer | Undisclosed | Buyer: Relit Infratech Limited Seller: Lanco Infratech Limited |
| May 2016 | Secondary share transfer | Undisclosed | Buyer: Relit Infratech Limited Seller: Lanco Infratech Limited |
| Mar 2016 | Rights issue | ₹271.33 Cr | Investors: Lanco Infratech Limited |
| May 2015 | Rights issue | ₹45 Cr | Investors: Relit Infratech Limited Seller: Lanco Infratech Limited |
To see the full deal history of Lanco Solar Energy Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Lanco Solar Energy Private Limited has 47 court cases on record: 15 filed by Lanco Solar Energy, 32 filed against it. 2 cases are pending and 45 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 18 | 1 |
| District courts | 15 | 13 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 47)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by M/S. Rahul Cables Pvt. Ltd. Through Ashok Badalmal Kukreja | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed by the company against National Thermal Power Corporation Limited and 4 others | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against NTPC Limited & Anr. | Disposed |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by M/S Zep Infratech Ltd | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by M/S. Zep Infratech Ltd. (Formarly Known As M/S Zeppelin Mobile System India Ltd.) and 1 other | Disposed |
To see the full case history of Lanco Solar Energy Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Lanco Solar Energy Private Limited was last rated by Icra on 26 May 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 26 May 2022 |
To see the full credit ratings and regulatory alerts of Lanco Solar Energy Private Limited, buy the company report.
MSME payment delays
Lanco Solar Energy Private Limited has 16 MSME Form 1 returns on record between 2012 and 2019, listing 68 overdue payments to 16 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 16)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sgurrenergy India Private Limited | |||
| Hellios Services Private Limited | |||
| Alpex Solar Limited | |||
| Perfect Enterprises |
To see the full MSME payment records of Lanco Solar Energy Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Lanco Solar Energy has 14 subsidiary companies and 3 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Newton Solar Private Limited | U40106GJ2010PTC062281 | |
| Vasavi Solar Power Private Limited | U40106TG2010PTC069210 | |
| Lanco Solar Services Private Limited | U40106TG2010PTC071541 | |
| Pasiphae Power Private Limited | U40108TG2008PTC061286 | |
| Khaya Solar Projects Private Limited | U40108TG2009PTC065840 | |
| Dde Renewable Energy Private Limited | U40300RJ2009PTC047153 |
To see the full group structure of Lanco Solar Energy Private Limited, buy the company report.
Employees & EPFO
Lanco Solar Energy Private Limited has a workforce of 45 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Lanco Solar Energy has 12 GST registrations: 11 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AABCL7372G1ZE | Telangana | Active | 01 Jul 2017 |
| 04AABCL7372G1ZL | Chandigarh | Active | 01 Jul 2017 |
| 06AABCL7372G1ZH | Haryana | Active | 01 Jul 2017 |
| 07AABCL7372G1ZF | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lanco Solar Energy Private Limited, buy the company report.
Recent activity
Lanco Solar Energy Private Limited has 29 board changes on record since 2010: 2 appointments and 27 cessations. The latest: Kamal Kant Maheshwari was appointed as Additional Director on 12 Dec 2024.
35 earlier events are in the company report.
News
Frequently asked questions
Lanco Solar Energy is an active private limited company based in Hyderabad, Telangana, India. The company works in power infrastructure and energy projects, within the infrastructure and utilities industry. It was incorporated on 16 June 2009 (17+ years old) and is registered under CIN U40109TG2009PTC064018.
Lanco Solar Energy has 2 current directors:
- Kamal Kant Maheshwari - Additional Director
- Jitendra Vir Singh - Director
The latest financial statements of Lanco Solar Energy on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lanco Solar Energy is 36AABCL7372G1ZE, registered in Telangana. The company has 12 GST registrations in all, of which 11 are active and 1 is cancelled or inactive. Other active GSTINs include 04AABCL7372G1ZL (Chandigarh), 06AABCL7372G1ZH (Haryana), 07AABCL7372G1ZF (Delhi).
The CIN (Corporate Identification Number) of Lanco Solar Energy is U40109TG2009PTC064018. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lanco Solar Energy has 47 court cases on record: 15 filed by the company and 32 filed against it. 2 are pending. Most are in the high courts.
Lanco Solar Energy was incorporated on 16 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
Lanco Solar Energy has 10 deals on record (4 secondary share transfers, 3 rights issues, 3 funding rounds), with disclosed funding of ₹459.62 Cr; the latest was in March 2018.
Kamal Kant Maheshwari was appointed as Additional Director on 12 Dec 2024. Jitendra Vir Singh ceased to be Additional Director on 29 Sep 2023. Ravi Shanker Kumar ceased to be Additional Director on 29 Sep 2023. Lanco Solar Energy has 29 board changes on record in total.
Lanco Solar Energy has 16 MSME Form 1 returns on record between 2012 and 2019, listing 68 overdue payments to 16 micro and small suppliers. The latest return was filed on 31 Oct 2019.
Lanco Solar Energy can be reached through the website lancogroup.com. Its registered office is in Hyderabad, Telangana, India.