- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-22-0000028

About LNB Renewable Energy Limited
Data last updated:
LNB Renewable Energy Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Placid Limited. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 07 November 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U37100WB2012PLC188046. Its GSTIN is 19AACCL3940P1Z0 (West Bengal). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹82.5 Cr and a paid-up capital of ₹81.3 Cr. It was formerly known as Lnb Renewable Energy Private Limited. It is led by directors including Ramavtar Holani and Amit Mehta.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.97 Cr, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹3.37 Cr (net margin 2.8%) and EBITDA of ₹14.44 Cr (EBITDA margin 12.1%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
The company has about 106 employees on its provident fund (EPFO) records. Its group structure includes 10 subsidiaries.
The company is associated with 1 brand: LNB Renewable. As per MCA filings, the company has open charges of ₹158.2 Cr and satisfied charges of ₹189.23 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.25 Cr; the latest was in March 2018. Its 10 peer companies in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Sunkind India Limited with revenue of ₹120.51 Cr. The company has 15 MSME Form 1 returns on record between 2019 and 2024, listing 113 overdue payments to 16 micro and small suppliers.
LNB Renewable Energy Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-22-0000028). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lnbrenewable.com.
CIN History of LNB Renewable Energy Limited
LNB Renewable Energy has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U37100WB2012PLC188046, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U37100WB2012PLC188046 | Current |
| U37100WB2012PTC188046 | Previous |
| U40300WB2012PTC188046 | Previous |
Recognitions & Rankings of LNB Renewable Energy
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7 Munshi Premchand Sarani Hastings, Kolkata, West Bengal, India – 700022
- IndustryEnvironment, Wind Energy Solutions, Solar Energy Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with LNB Renewable Energy Limited
LNB Renewable Energy operates one associated brand: LNB Renewable. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| EPC and O&M services for grid-connected solar plants are delivered. | lnbrenewable.com |
Business Activity of LNB Renewable Energy Limited
The main business activity of LNB Renewable Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution | 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 LNB Renewable Energy Limited FY 2025 filings available
LNB Renewable Energy Limited reported revenue of ₹118.97 Cr (down 72% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of LNB Renewable Energy Limited
Revenue fell 72% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 94% 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 LNB Renewable Energy Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹14.44 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.37 Cr | •••• | •••• | •••• | •••• |
| 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 LNB Renewable Energy Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.8% | •••• | •••• | •••• | •••• |
| 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 LNB Renewable Energy 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.
Board of Directors of LNB Renewable Energy Limited
LNB Renewable Energy has 5 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramavtar Holani | Director | 31 Mar 2019 | 7 Years 6 Months | Current |
| Amit Mehta Also directs: Kiran Vyapar Ltd., Maharaja Shree Umaid Mills Limited, Exponentiator Strategic Ventures LLP and 5 more | Director | 16 Jan 2023 | 3 Years 9 Months | Current |
| Ramakant Sharma Also directs: Navjyoti Commodity Management Services Limited | Director | 31 Mar 2019 | 7 Years 6 Months | Current |
| Lakshmi Niwas Bangur Also directs: Iota Mtech Power LLP, The Peria Karamalai Tea and Produce Company Limited, Kiran Vyapar Ltd. and 5 more | Director | 01 Oct 2024 | 2 Years 0 Months | Current |
| Rohan Jhawar Also directs: Agrajay Greeneries Private Limited, Swastine Greenpark Private Limited, Suruchaye Greeneries Private Limited and 4 more | Director | 01 Jan 2014 | 12 Years 9 Months | Current |
Peer Comparison of LNB Renewable Energy Limited
LNB Renewable Energy Limited is compared with the companies closest to it by revenue in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, Solar Power). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sunkind India Limited | ₹120.51 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Haryana, India |
| Oorjan Cleantech Private Limited | ₹120.13 Cr (FY 2025) | •••• | •••• | 127.0% | •••• | Mumbai, Maharashtra, India |
| Efacec India Private Limited | ₹120.05 Cr (FY 2025) | •••• | •••• | 573.0% | •••• | Nashik, Maharashtra, India |
| Mytrah Vayu (Manjira) Private Limited | ₹119.65 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Hyderabad, Telangana, India |
| Renew Solar Energy (TN) Private Limited | ₹119.3 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| LNB Renewable Energy Limited this company | ₹118.97 Cr (FY 2025) | •••• | •••• | -72.0% | •••• | Kolkata, West Bengal, India |
| Vinishma Technologies Private Limited | ₹118.91 Cr (FY 2024) | •••• | •••• | 67.0% | •••• | Delhi, India |
| Renew Saur Shakti Private Limited | ₹118.8 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Ravi Renewables Private Limited | ₹118.56 Cr (FY 2025) | •••• | •••• | 22.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Anik Industries Limited Listed | ₹118.46 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Mumbai, Maharashtra, India |
| SNS Technocorp Private Limited | ₹118.38 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below LNB Renewable Energy by revenue in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, Solar Power), 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 LNB Renewable Energy Limited
LNB Renewable Energy Limited is audited by Singhi &Singhi for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Singhi &Singhi | 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.
Ownership and Shareholding of LNB Renewable Energy 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 LNB Renewable Energy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 May 2025 | Others | ₹10 Cr | Open |
| 16 Feb 2024 | Others | ₹50 Cr | Open |
| 29 Jun 2023 | Others | ₹1.2 Cr | Open |
| 14 Jun 2023 | Hdfc Bank Limited | ₹90 Cr | Open |
| 10 Aug 2021 | Hdfc Bank Limited | ₹7 Cr | Open |
Total charge records: 8 View all charges
Deals & Funding of LNB Renewable Energy Limited
LNB Renewable Energy Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.25 Cr; the latest was in March 2018.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Rights issue | ₹4.2 Cr | Investors: Placid Limited |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: Sidhidata Power Private Limited Seller: Iota Mtech Power LLP |
| Sep 2013 | Funding round | ₹45 Cr | Investors: Shree Krishna Agency Limited , Sidhidata Power Private Limited , Iota Mtech Power LLP |
| Jan 2013 | Funding round | ₹25 Lakh | Investors: Placid Limited |
| Jan 2013 | Funding round | ₹32 Cr | Investors: Placid Limited |
Full deal history
All 6 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of LNB Renewable Energy Limited
LNB Renewable Energy Limited has 2 court cases on record: 1 filed by LNB Renewable Energy, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nalgonda, Telangana | Court case (MVOP) | Filed against the company by an individual | Disposed |
| High Court, West Bengal | Court case (ITAT) | Filed by the company against Principal Commissioner of Income Tax-2, Kolkata | Disposed |
Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by LNB Renewable Energy Limited
LNB Renewable Energy Limited has 15 MSME Form 1 returns on record between 2019 and 2024, listing 113 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 |
|---|---|---|---|
| Surbhi Holidays Private Limited | •••• | •••• | •••• |
| Darsh Calibrations Private Limited | •••• | •••• | •••• |
| Indisolar Products Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 15 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at LNB Renewable Energy Limited
LNB Renewable Energy Limited has a workforce of 106 employees as of Apr 09, 2024.
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.
Group Structure of LNB Renewable Energy Limited
LNB Renewable Energy has 10 subsidiary 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 |
|---|---|---|
| Manifold Agricrops Private Limited | U01403WB2012PTC186982 | Locked |
| Yasheshvi Greenhub Private Limited | U01403WB2013PTC193144 | Locked |
| Sidhidata Solar Urja Limited | U40102WB2012PLC185897 | Locked |
| Palimarwar Solar House Private Limited | U40109WB2013PTC190217 | Locked |
| Lnb Solar Energy Private Limited | U40300WB2012PTC188041 | Locked |
| Lnb Wind Energy Private Limited | U40300WB2012PTC188232 | Locked |
Showing major subsidiaries. Total: 10.
Recent Activity on LNB Renewable Energy Limited
LNB Renewable Energy Limited has 14 board changes on record since 2013: 5 appointments and 9 cessations. The latest: Shreeyash Bangur ceased to be Director on 31 Mar 2025.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for LNB Renewable Energy 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.
Subsidiaries & Group Companies of LNB Renewable Energy 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 LNB Renewable Energy Limited
LNB Renewable Energy has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCL3940P1Z0 | West Bengal | Active | 01 Jul 2017 |
| 08AACCL3940P1Z3 | Rajasthan | Active | 06 Feb 2018 |
| 36AACCL3940P1Z4 | Telangana | Active | 25 Mar 2021 |
| 20AACCL3940P1ZH | Jharkhand | Active | 08 Jun 2023 |
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 LNB Renewable Energy 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.
Related news about LNB Renewable Energy Limited
Frequently Asked Questions about LNB Renewable Energy Limited
LNB Renewable Energy is an active public limited company based in Kolkata, West Bengal, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 07 November 2012 (14+ years old) and is registered under CIN U37100WB2012PLC188046.
LNB Renewable Energy reported revenue of ₹118.97 Cr for FY 2025 (down 72% YoY).
LNB Renewable Energy has 5 current directors:
- Ramavtar Holani - Director
- Amit Mehta - Director
- Ramakant Sharma - Director
- Lakshmi Niwas Bangur - Director
- Rohan Jhawar - Director
LNB Renewable Energy reported a net profit of ₹3.37 Cr (net margin 2.8%) and EBITDA of ₹14.44 Cr (EBITDA margin 12.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of LNB Renewable Energy is 3% over three years and 16% over five years. In the latest year (FY 2025) revenue fell 72%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of LNB Renewable Energy is 19AACCL3940P1Z0, registered in West Bengal. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 08AACCL3940P1Z3 (Rajasthan), 36AACCL3940P1Z4 (Telangana), 20AACCL3940P1ZH (Jharkhand).
The CIN (Corporate Identification Number) of LNB Renewable Energy is U37100WB2012PLC188046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LNB Renewable Energy has 2 court cases on record: 1 filed by the company and 1 filed against it. Most are in the district courts.
LNB Renewable Energy was incorporated on 07 November 2012, making it 14+ years old. It is registered with the Registrar of Companies, Kolkata.
LNB Renewable Energy has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹77.25 Cr; the latest was in March 2018.
The peers of LNB Renewable Energy by revenue are Sunkind India Limited, Oorjan Cleantech Private Limited, Efacec India Private Limited, Mytrah Vayu (Manjira) Private Limited, Renew Solar Energy (TN) Private Limited and 5 more, all in the Cleantech industry (EPC, BoP and BTG, Renewable Energy, Solar Power).
Shreeyash Bangur ceased to be Director on 31 Mar 2025. Yogesh Bangur ceased to be Director on 31 Mar 2025. Lakshmi Niwas Bangur was appointed as Director on 01 Oct 2024. LNB Renewable Energy has 14 board changes on record in total.