About Letoile Systems Private Limited
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Letoile Systems Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the bop and btg services segment of the energy and power sector. It was incorporated on 02 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U31104PN2014PTC153298. Its GSTIN is 27AACCL7750K1Z5 (Maharashtra).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Gaurang Suresh Gandhi and Ajitkumar Shrikant Degwekar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Prerana 211/4 Sadashiv Peth, Pune, Maharashtra, India – 411030.
As per the financials filed for FY 2021, the company reported a revenue of ₹5.02 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹6.2 Lakh (net margin -123.6%) and EBITDA of -₹5.71 Lakh (EBITDA margin -113.8%). Revenue has declined at a compounded annual rate (CAGR) of 56% over three years and 24% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website letoile.in.
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- TelephoneLocked
- Website
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- Registered AddressPrerana 211/4 Sadashiv Peth, Pune, Maharashtra, India – 411030
- IndustryEnergy and Power, BoP & BTG Services, Power EPC
- 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 of Letoile Systems Private Limited
The main business activity of Letoile Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Letoile Systems Private Limited FY 2021 filings available
Letoile Systems Private Limited reported revenue of ₹5.02 Lakh (down 89% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Letoile Systems Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 89% fall 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 of Letoile Systems Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 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 | -₹5.71 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹6.2 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 of Letoile Systems Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -113.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -123.6% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Letoile Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Letoile Systems Private Limited
Letoile Systems Private Limited is compared with the companies closest to it by revenue in the Power industry (EPC, BoP and BTG). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| PKS Engineers Private Limited | ₹5.35 Lakh (FY 2025) | •••• | •••• | 27.0% | •••• | Patiala, Punjab, India |
| Positivibe Energy Partner Private Limited | ₹5.14 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Ahmedabad, Gujarat, India |
| Vatson Infrapower Private Limited | ₹5.11 Lakh (FY 2024) | •••• | •••• | -60.0% | •••• | Delhi, India |
| Vamet Electric Pvt Ltd | ₹5.07 Lakh (FY 2025) | •••• | •••• | 1.0% | •••• | Telangana, India |
| Easp Solutions Private Limited | ₹5.06 Lakh (FY 2024) | •••• | •••• | -63.0% | •••• | Maval, Maharashtra, India |
| Letoile Systems Private Limited this company | ₹5.02 Lakh (FY 2021) | •••• | •••• | -89.0% | •••• | Pune, Maharashtra, India |
| Macro SGS Infrastructure Private Limited | ₹5 Lakh (FY 2024) | •••• | •••• | -84.0% | •••• | Delhi, India |
| Truesun Energy Solutions Private Limited | ₹4.91 Lakh (FY 2024) | •••• | •••• | -26.0% | •••• | Mumbai, Maharashtra, India |
| V3spark Private Limited | ₹4.9 Lakh (FY 2023) | •••• | •••• | -80.0% | •••• | Pune, Maharashtra, India |
| Anadi Solar Private Limited | ₹4.88 Lakh (FY 2024) | •••• | •••• | 487900.0% | •••• | Surat, Gujarat, India |
| Oratrix Engineering Solution Private Limited | ₹4.86 Lakh (FY 2023) | •••• | •••• | -83.0% | •••• | Sonbhadra, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Letoile Systems by revenue in the Power industry (EPC, BoP and BTG), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Letoile Systems Private Limited
Letoile Systems Private Limited is audited by MEHTA SHAH & CO for the financial year 2019.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MEHTA SHAH & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Letoile Systems Private Limited
Letoile Systems has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurang Suresh Gandhi | Director | 02 Dec 2014 | 11 Years 10 Months | Current |
| Ajitkumar Shrikant Degwekar | Director | 02 Dec 2014 | 11 Years 10 Months | Current |
| Ashish Mohanlal Shah Also directs: Zingworks LLP, Stemious Solutions Private Limited | Director | 02 Dec 2014 | 11 Years 10 Months | Current |
Ownership and Shareholding of Letoile Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Letoile Systems Private Limited
Letoile Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Letoile Systems Private Limited
Employment history and EPFO contributions of people linked to Letoile Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Letoile Systems Private Limited
Letoile Systems Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Anand Gugale Pannalal ceased to be Director on 20 May 2015.
Credit Ratings, Litigation & Regulatory Alerts for Letoile Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Letoile Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Letoile Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Letoile Systems Private Limited
Letoile Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCL7750K1Z5 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Letoile Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Letoile Systems Private Limited
Letoile Systems is an active private limited company based in Pune, Maharashtra, India. The company works in bop and btg services, within the energy and power industry. It was incorporated on 02 December 2014 (12+ years old) and is registered under CIN U31104PN2014PTC153298.
Letoile Systems reported revenue of ₹5.02 Lakh for FY 2021 (down 89% YoY).
Letoile Systems has 3 current directors:
- Gaurang Suresh Gandhi - Director
- Ajitkumar Shrikant Degwekar - Director
- Ashish Mohanlal Shah - Director
Letoile Systems reported a net loss of ₹6.2 Lakh (net margin -123.6%) and EBITDA of -₹5.71 Lakh (EBITDA margin -113.8%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Letoile Systems is -56% over three years and -24% over five years. In the latest year (FY 2021) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Letoile Systems is 27AACCL7750K1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Letoile Systems is U31104PN2014PTC153298. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Letoile Systems was incorporated on 02 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Letoile Systems by revenue are PKS Engineers Private Limited, Positivibe Energy Partner Private Limited, Vatson Infrapower Private Limited, Vamet Electric Pvt Ltd, Easp Solutions Private Limited and 5 more, all in the Power industry (EPC, BoP and BTG).
Anand Gugale Pannalal ceased to be Director on 20 May 2015. Mukul Anilkumar Barmecha ceased to be Director on 20 May 2015. Preyas Uday Annachhatre ceased to be Director on 20 May 2015. Letoile Systems has 6 board changes on record in total.
Yes, Letoile Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).