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Lectro E-Mobility Private Limited - automotive in Gurugram, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.37 Lakh
▼ 20% YoY
Net loss · FY 2023
₹12.61 Lakh
Net margin -374.5%
EBITDA · FY 2023
-₹8.22 Lakh
EBITDA margin -244.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Employees · EPFO
96
Provident fund records
Directors on board
3
As per MCA filings
About Lectro E-Mobility Private Limited
Data last updated:
Lectro E-Mobility Private Limited is a private limited company based in Gurugram, Haryana, India, recognised as a startup by DPIIT. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 25 May 2017 and has been in existence for over 9 years.
Its director Pankaj Munjal and family are #793 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74110HR2017PTC073812. Its GSTIN is 09AADCF1058M1ZF (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Flygo Games Private Limited. It is led by directors including Pankaj Munjal and Amit Gupta.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.37 Lakh, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹12.61 Lakh (net margin -374.5%) and EBITDA of -₹8.22 Lakh (EBITDA margin -244.1%). Revenue has declined at a compounded annual rate (CAGR) of 89% over three years.
The company has about 96 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hero Lectro. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website herolectro.com.
Company details
CIN U74110HR2017PTC073812
Registration Number 073812
Incorporation Date 25 May 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
CIN history
Lectro E-Mobility has one previous CIN (Corporate Identification Number): U92410HR2017PTC073812. The current CIN is U74110HR2017PTC073812, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74110HR2017PTC073812 | Current |
| U92410HR2017PTC073812 | Previous |
Recognitions & Rankings of Lectro E-Mobility
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #793 Pankaj Munjal & family ₹3,900 Cr
Contact details
Lectro E-Mobility Private Limited's registered office is in Gurugram, Haryana. Its website is herolectro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address2A – 1001 10th Floor Two Horizon Centre Sector – 43 DLF Phase – V, Gurugram, Haryana, India – 122002
- IndustryAutomotive, Auto Dealership & Trading
To see the full contact details of Lectro E-Mobility Private Limited, buy the company report.
Comprehensive company report
Lectro E-Mobility 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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Brands
Lectro E-Mobility operates one associated brand: Hero Lectro. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers electric bicycles, cargo e-bikes, and accessories for daily transportation. | herolectro.com |
Financials of Lectro E-Mobility Private Limited
FY 2023 filings availableLectro E-Mobility Private Limited reported revenue of ₹3.37 Lakh (down 20% YoY) for FY 2023.
Revenue · FY 2023
₹3.37 Lakh ▼ 20%
Net loss · FY 2023
₹12.61 Lakh margin -374.5%
EBITDA · FY 2023
-₹8.22 Lakh margin -244.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
3 years · compounded
▼ 89%
EBITDA CAGR growth
1 year
▼ 61%
3 years · compounded
▲ 77%
5 years · compounded
▼ 71%
Revenue has declined at a compounded annual rate (CAGR) of 89% over three years, including a 20% fall in the latest year. EBITDA fell 61% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.37 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.22 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.61 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -244.1% | ||||
| Net Profit Margin | -374.5% | ||||
| 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 Lectro E-Mobility Private Limited, buy the company report.
Board of directors of Lectro E-Mobility Private Limited
Lectro E-Mobility has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pankaj Munjal Also directs: Hero Motors Limited, Munjal Kiriu Industries Private Limited, ZF Hero Chassis Systems Private Limited and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | Current |
| Amit Gupta Also directs: Hero Motors Limited, Munjal Kiriu Industries Private Limited, ZF Hero Chassis Systems Private Limited and 5 more | Director | 28 Sep 2020 | 6 Years 0 Months | Current |
| Aditya Munjal Also directs: Hero Cycles Limited, HMC E-Valley Private Limited, Ut Bikes Private Limited and 5 more | Director | 25 May 2017 | 9 Years 4 Months | Current |
Auditor
Lectro E-Mobility Private Limited is audited by B D Bansal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B D Bansal & Co. | FY 2023 | 000621N |
Shareholding
The shareholding of Lectro E-Mobility Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lectro E-Mobility Private Limited, buy the company report.
Legal cases
Lectro E-Mobility Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed against the company by Hero Electric Vehicles Private Limited & Ors. | Disposed |
To see the full case history of Lectro E-Mobility 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lectro E-Mobility Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lectro E-Mobility Private Limited has a workforce of 96 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
Employee count
96
Active EPFO establishments
1
Employee growth
74.55%
GST
Lectro E-Mobility has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCF1058M1ZF | Uttar Pradesh | Active | 19 Dec 2018 |
To see the full GST registrations and return filing status of Lectro E-Mobility Private Limited, buy the company report.
Recent activity
Lectro E-Mobility Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Amit Gupta was appointed as Director on 28 Sep 2020.
AGM
Lectro E-Mobility Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Lectro E-Mobility Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.
Appointed
Amit Gupta was appointed as Director.
Ceased
Rohit Maheshwari ceased to be Director.
Appointed
Pankaj Munjal was appointed as Director.
Appointed
Aditya Munjal was appointed as Director.
Incorporation
25 May 2017
Lectro E-Mobility Private Limited was registered on 25 May 2017 with Roc Delhi & aged 9 years 4 months as per MCA records.
News
Frequently asked questions
Lectro E-Mobility is an active private limited company based in Gurugram, Haryana, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 25 May 2017 (9+ years old) and is registered under CIN U74110HR2017PTC073812.
Lectro E-Mobility has 3 current directors:
- Pankaj Munjal - Director
- Amit Gupta - Director
- Aditya Munjal - Director
The latest financial statements of Lectro E-Mobility on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Lectro E-Mobility is 09AADCF1058M1ZF, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Lectro E-Mobility is U74110HR2017PTC073812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lectro E-Mobility has 1 court case on record: 1 filed against it.
Lectro E-Mobility was incorporated on 25 May 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Amit Gupta was appointed as Director on 28 Sep 2020. Rohit Maheshwari ceased to be Director on 28 Mar 2020. Pankaj Munjal was appointed as Director on 01 Jul 2019. Lectro E-Mobility has 4 board changes on record in total.
Yes, Lectro E-Mobility is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Lectro E-Mobility can be reached through the website herolectro.com. Its registered office is in Gurugram, Haryana, India.