MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-10-0016198
PL Solar Renewable Limited - energy in Kolkata, West Bengal, India. FY 2026 financials & compliance.
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 4 peer companies in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution) are compared by revenue, 2 larger and 2 smaller; the largest is Huoban Energy 9 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
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
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.
| CIN | Status |
|---|---|
| U40300WB2015PLC230904 | Current |
| U40300DL2015PLC287804 | Previous |
Recognitions & Rankings of PL Solar Renewable
Contact details
PL Solar Renewable Limited's registered office is in Kolkata, West Bengal. Its website is punjlloyd.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressEn – 46 3rd Floor Salt Lake City Sector – V, Kolkata, West Bengal, India – 700091
- IndustryEnergy, Transmission And Distribution, Electric Power Generation
To see the full contact details of PL Solar Renewable Limited, buy the company report.
Comprehensive company report
PL Solar Renewable 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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Business activity
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 code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of PL Solar Renewable Limited, buy the company report.
Financials of PL Solar Renewable Limited
FY 2025 filings availablePL 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)
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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| EBITDA | ₹86.92 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹40.31 Lakh | ||||
| Balance Sheet | |||||
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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 | 22.2% | ||||
| Net Profit Margin | 10.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of PL Solar Renewable Limited, buy the company report.
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
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajendra Prasad Ritolia Also directs: South West Pinnacle Exploration Limited, Jai Balaji Industries Limited, GP Eco Solutions India Limited and 4 more | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Prakash Chand Sethia Also directs: PL Sunrays Power Limited, PL Surya Vidyut Limited, Swaymbhu Natural Resources Private Limited and 3 more | Director | 18 Sep 2018 | 8 Years 1 Months | Current |
| Sushma Vijay Also directs: PL Sunrays Power Limited, PL Surya Vidyut Limited, Agrihorti Private Limited and 5 more | Director | 25 Jun 2025 | 1 Years 3 Months | Current |
Peer comparison
PL Solar Renewable Limited is compared with the 4 companies closest to it by revenue in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Huoban Energy 9 Private Limited | ₹3.94 Cr (FY 2025) | 19.0% | Hyderabad, Telangana, India | |||
| Pon Pure Renewable Energy Private Limited | ₹3.92 Cr (FY 2025) | 67571.0% | Chennai, Tamil Nadu, India | |||
| PL Solar Renewable Limitedthis company | ₹3.92 Cr (FY 2025) | ₹40.31 Lakh | 10.3% | 6.0% | Kolkata, West Bengal, India | |
| Shahane Solar Power Private Limited | ₹3.92 Cr (FY 2025) | 8.0% | Ahmednagar, Maharashtra, India | |||
| PL Surya Vidyut Limited | ₹3.88 Cr (FY 2025) | 6.0% | Kolkata, West Bengal, India |
To see the full peer comparison of PL Solar Renewable Limited, buy the company report.
Auditor
PL Solar Renewable Limited is audited by L. B. Jha & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L. B. Jha & Co. | FY 2023 | 301088E |
Shareholding
The shareholding of PL Solar Renewable 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 PL Solar Renewable Limited, buy the company report.
Charges & borrowings
Open charges
₹65 Cr
Satisfied charges
₹18.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jun 2025 | 101125928 | Others | ₹32.5 Cr | Open | |
| 27 Jun 2025 | 101125931 | Others | ₹32.5 Cr | Open | |
| 22 Nov 2018 | 100218592 | Others | ₹18.5 Cr | Satisfied |
To see the full charge records of PL Solar Renewable Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
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)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2016 | Secondary share transfer | Undisclosed | Buyer: Green Utility Private Limited Seller: Punj Lloyd Infrastructure Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving PL Solar Renewable Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
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)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Param Renewable Energy Private Limited | |||
| Innovel Energy Services Private Limited |
To see the full MSME payment records of PL Solar Renewable Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
PL Solar Renewable has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAICP3883D2ZD | Uttarakhand | Active | 15 May 2020 |
To see the full GST registrations and return filing status of PL Solar Renewable Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 3 current directors:
- Rajendra Prasad Ritolia - Director
- Prakash Chand Sethia - Director
- Sushma Vijay - Director
The latest financial statements of PL Solar Renewable on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
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 Huoban Energy 9 Private Limited, Pon Pure Renewable Energy Private Limited, Shahane Solar Power Private Limited, PL Surya Vidyut Limited, all in the Cleantech industry (Solar Power), with the same principal business activity (electric power generation, transmission and distribution).
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).
PL Solar Renewable has 9 MSME Form 1 returns on record between 2019 and 2024, listing 11 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.
PL Solar Renewable can be reached through the website punjlloyd.com. Its registered office is in Kolkata, West Bengal, India.