PL Solar Renewable Limited

PL Solar Renewable Limited - energy in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U40300WB2015PLC230904 Incorporated 26 November 2015 ROC Kolkata HQ Kolkata, West Bengal, India
Active Public Limited Company energy MSME · Micro
Data last updated
Revenue · FY 2025
₹3.92 Cr
▲ 6% YoY
Net profit · FY 2025
₹40.31 Lakh
Net margin 10.3%
EBITDA · FY 2025
₹86.92 Lakh
EBITDA margin 22.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.4 Lakh
Issued & subscribed
Open charges
₹65 Cr
Satisfied ₹18.5 Cr
Company age
11 yrs
Est. 2015
Directors on board
3
As per MCA filings

About PL Solar Renewable Limited

Data last updated:

PL Solar Renewable Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Green Utility Private Limited. It operates in the transmission and distribution segment of the energy sector. It was incorporated on 26 November 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U40300WB2015PLC230904. Its GSTIN is 05AAICP3883D2ZD (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.4 Lakh. It is led by directors including Rajendra Prasad Ritolia and Prakash Chand Sethia.

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 En – 46 3rd Floor Salt Lake City Sector – V, Kolkata, West Bengal, India – 700091.

As per the financials filed for FY 2025, the company reported a revenue of ₹3.92 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹40.31 Lakh (net margin 10.3%) and EBITDA of ₹86.92 Lakh (EBITDA margin 22.2%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 3% over five years.

As per MCA filings, the company has open charges of ₹65 Cr and satisfied charges of ₹18.5 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in November 2016. Its 10 peer companies in the Cleantech industry (Solar Power) are compared by revenue, 5 larger and 5 smaller; the largest is Flaunt Solar Energy Private Limited with revenue of ₹3.94 Cr. The company has 9 MSME Form 1 returns on record between 2019 and 2024, listing 11 overdue payments to 2 micro and small suppliers.

PL Solar Renewable Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0016198). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website punjlloyd.com.

Company Details of PL Solar Renewable Limited
CIN U40300WB2015PLC230904
Registration Number 230904
Incorporation Date 26 November 2015
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Green Utility Private Limited
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0016198

CIN History of PL Solar Renewable Limited

PL Solar Renewable has one previous CIN (Corporate Identification Number): U40300DL2015PLC287804. The current CIN is U40300WB2015PLC230904, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U40300WB2015PLC230904Current
U40300DL2015PLC287804Previous
Key People
Rajendra Prasad Ritolia Director Prakash Chand Sethia Director Sushma Vijay Director

Recognitions & Rankings of PL Solar Renewable

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-WB-10-0016198
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    punjlloyd.com
  • Social Media
    Locked
  • Registered Address
    En – 46 3rd Floor Salt Lake City Sector – V, Kolkata, West Bengal, India – 700091
  • Industry
    Energy, Transmission And Distribution, Electric Power Generation
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Financials, compliance, directors, charges, ownership and filings for PL Solar Renewable Limited in one report.

Financials from FY 2016 Directors & ownership Charges & compliance

Business Activity of PL Solar Renewable Limited

The main business activity of PL Solar Renewable is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distributionLocked
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Business activity turnover details

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Financials of PL Solar Renewable Limited FY 2025 filings available

PL Solar Renewable Limited reported revenue of ₹3.92 Cr (up 6% YoY) for FY 2025.

Revenue · FY 2025
₹3.92 Cr ▲ 6%
Net profit · FY 2025
₹40.31 Lakh margin 10.3%
EBITDA · FY 2025
₹86.92 Lakh margin 22.2%

Compounded Annual Growth Rate (CAGR) of PL Solar Renewable Limited

Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 4%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▼ 25%
5 years · compounded
▼ 17%

Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 6% growth in the latest year. EBITDA rose 8% 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 PL Solar Renewable Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹86.92 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹40.31 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 PL Solar Renewable Limited

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin22.2%••••••••••••••••
Net Profit Margin10.3%••••••••••••••••
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 PL Solar Renewable are in the company report.

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Financial statements from FY 2016

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Board of Directors of PL Solar Renewable Limited

PL Solar Renewable has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajendra Prasad Ritolia
Also directs: South West Pinnacle Exploration Limited, Jai Balaji Industries Limited, GP Eco Solutions India Limited and 4 more
Director18 Sep 20188 Years 1 MonthsCurrent
Prakash Chand Sethia
Also directs: PL Sunrays Power Limited, PL Surya Vidyut Limited, Swaymbhu Natural Resources Private Limited and 3 more
Director18 Sep 20188 Years 1 MonthsCurrent
Sushma Vijay
Also directs: PL Sunrays Power Limited, PL Surya Vidyut Limited, Agrihorti Private Limited and 5 more
Director25 Jun 20251 Years 3 MonthsCurrent
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Peer Comparison of PL Solar Renewable Limited

PL Solar Renewable Limited is compared with the companies closest to it by revenue in the Cleantech industry (Solar Power). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Flaunt Solar Energy Private Limited₹3.94 Cr (FY 2025)••••••••-5.0%••••Sadashivnagar, Karnataka, India
Huoban Energy 9 Private Limited₹3.94 Cr (FY 2025)••••••••19.0%••••Hyderabad, Telangana, India
Clean Max Celeste Private Limited₹3.93 Cr (FY 2025)••••••••••••Mumbai, Maharashtra, India
Solenco Renewables Private Limited₹3.93 Cr (FY 2025)••••••••86.0%••••Mumbai, Maharashtra, India
Pon Pure Renewable Energy Private Limited₹3.92 Cr (FY 2025)••••••••67571.0%••••Chennai, Tamil Nadu, India
PL Solar Renewable Limited this company₹3.92 Cr (FY 2025)••••••••6.0%••••Kolkata, West Bengal, India
Shahane Solar Power Private Limited₹3.92 Cr (FY 2025)••••••••8.0%••••Ahmednagar, Maharashtra, India
Sunseed Solar Private Limited₹3.91 Cr (FY 2025)••••••••173.0%••••Mumbai, Maharashtra, India
LNB Solar Energy Private Limited₹3.9 Cr (FY 2024)••••••••15.0%••••Kolkata, West Bengal, India
Jigajinagi - Jagtap Solar Energy Private Limited₹3.89 Cr (FY 2025)••••••••280.0%••••Bijapur, Karnataka, India
PL Surya Vidyut Limited₹3.88 Cr (FY 2025)••••••••6.0%••••Kolkata, West Bengal, India

Peers are the five companies nearest above and the five nearest below PL Solar Renewable by revenue in the Cleantech industry (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 PL Solar Renewable Limited

PL Solar Renewable Limited is audited by L. B. Jha & Co. for the financial year 2023.

NameStatusAppointment DateCessation Date
L. B. Jha & Co.LockedLockedLocked
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Ownership and Shareholding of PL Solar Renewable Limited

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Charges & Borrowings of PL Solar Renewable Limited

Open charges
₹65 Cr
Satisfied charges
₹18.5 Cr
Breakdown by lending institutions
Others₹65.00 Cr
Latest charge details
DateLenderAmountStatus
27 Jun 2025Others₹32.5 CrOpen
27 Jun 2025Others₹32.5 CrOpen
22 Nov 2018Others₹18.5 CrSatisfied

Total charge records: 3 View all charges

Deals & Funding of PL Solar Renewable Limited

PL Solar Renewable Limited has 1 deal on record (1 secondary share transfer); the latest was in November 2016.

Total deals
1
Secondary share transfer
1

Deals on record (1 of 1)

WhenDealAmountParties
Nov 2016Secondary share transferUndisclosedBuyer: Green Utility Private Limited
Seller: Punj Lloyd Infrastructure Limited
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME Payment Delays by PL Solar Renewable Limited

PL Solar Renewable Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 11 overdue payments to 2 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 (2 of 2)

SupplierAmount dueDue sinceReported on
Param Renewable Energy Private Limited••••••••••••
Innovel Energy Services Private Limited••••••••••••
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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 PL Solar Renewable Limited

Employment history and EPFO contributions of people linked to PL Solar Renewable.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on PL Solar Renewable Limited

PL Solar Renewable Limited has 21 board changes on record since 2015: 12 appointments and 9 cessations. The latest: Pradyumna Sinha ceased to be Director on 13 Nov 2025.

Ceased
Pradyumna Sinha ceased to be Director.
AGM
Pl Solar Renewable Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 32.50 Cr with Charge ID 101125928 was registered on 27 Jun 2025.
Charges
A charge with Others amounted to Rs. 32.50 Cr with Charge ID 101125931 was registered on 27 Jun 2025.
Appointed
Sushma Vijay was appointed as Director.
Filing
Pl Solar Renewable Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata I.
Ceased
Anthony Dilip Rozario ceased to be Director.
Appointed
Pradyumna Sinha was appointed as Director.
Charges
A charge registered on 22 Nov 2018 via Charge ID 100218592 with Others was fully satisfied on 22 Oct 2020.
Charges
A charge with Others amounted to Rs. 18.50 Cr with Charge ID 100218592 was registered on 22 Nov 2018.
Appointed
Anthony Dilip Rozario was appointed as Director.
Ceased
Asok Kumar Goswami ceased to be Director.

16 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for PL Solar Renewable Limited

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Subsidiaries & Group Companies of PL Solar Renewable Limited

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GST Compliance of PL Solar Renewable Limited

PL Solar Renewable has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
05AAICP3883D2ZDUttarakhandActive15 May 2020
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MCA Filings & Documents of PL Solar Renewable Limited

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Related news about PL Solar Renewable Limited

Frequently Asked Questions about PL Solar Renewable Limited

PL Solar Renewable is an active public limited company based in Kolkata, West Bengal, India. The company works in transmission and distribution, within the energy industry. It was incorporated on 26 November 2015 (11+ years old) and is registered under CIN U40300WB2015PLC230904.

PL Solar Renewable reported revenue of ₹3.92 Cr for FY 2025 (up 6% YoY).

PL Solar Renewable has 3 current directors:

PL Solar Renewable reported a net profit of ₹40.31 Lakh (net margin 10.3%) and EBITDA of ₹86.92 Lakh (EBITDA margin 22.2%) for FY 2025, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of PL Solar Renewable is 4% over three years and 3% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of PL Solar Renewable is 05AAICP3883D2ZD, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of PL Solar Renewable is U40300WB2015PLC230904. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

PL Solar Renewable was incorporated on 26 November 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.

PL Solar Renewable has 1 deal on record (1 secondary share transfer); the latest was in November 2016.

The peers of PL Solar Renewable by revenue are Flaunt Solar Energy Private Limited, Huoban Energy 9 Private Limited, Clean Max Celeste Private Limited, Solenco Renewables Private Limited, Pon Pure Renewable Energy Private Limited and 5 more, all in the Cleantech industry (Solar Power).

Pradyumna Sinha ceased to be Director on 13 Nov 2025. Sushma Vijay was appointed as Director on 25 Jun 2025. Anthony Dilip Rozario ceased to be Director on 30 May 2022. PL Solar Renewable has 21 board changes on record in total.

Yes, PL Solar Renewable is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0016198).

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