About Tecso Projects Limited
Data last updated:
Tecso Projects Limited is a public limited company based in Vadodara, Gujarat, India. It operates in the clean energy solutions segment of the environmental services sector. It was incorporated on 01 July 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U77300GJ2010PLC061411. Its GSTIN is 24AADCT5362J1Z8 (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹5.52 Cr. It is led by directors including Kinnari Kartikey Hariyani (Whole-Time Director) and Kartikey Babubhai Hariyani.
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 D 8th Floor Notus IT Park, Vadodara, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹16.09 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net profit of ₹10.19 Lakh (net margin 0.6%) and EBITDA of ₹5.15 Cr (EBITDA margin 32%).
The company has about 7 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Tecso Global. As per MCA filings, the company has open charges of ₹250.97 Cr and satisfied charges of ₹8.42 Cr on record. Court records list 27 cases involving the company, including 2 filed by the company and 23 filed against it; 13 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tecsoglobal.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressBlock – D 8th Floor Notus IT Park, Sarabhai Campus Vadiwadi, Vadodara, Gujarat, India – 390023
- IndustryEnvironment, Clean 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
Business Activity of Tecso Projects Limited
The main business activity of Tecso Projects is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Tecso Projects Limited FY 2025 filings available
Tecso Projects Limited reported revenue of ₹16.09 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Tecso Projects Limited
Revenue fell 37% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Tecso Projects 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 | ₹16.09 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.15 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹10.19 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 Tecso Projects Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 32% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Tecso Projects 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 Tecso Projects Limited
Tecso Projects Limited is compared with the companies closest to it by revenue in the Cleantech industry (EPC, BoP and BTG, Energy Solutions). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dynamic Electricals and Switchgear Private Limited | ₹25.68 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Lucmen Energgy Private Limited | ₹25.67 Cr (FY 2025) | •••• | •••• | 206.0% | •••• | Chennai, Tamil Nadu, India |
| Nav Solar Power Private Limited | ₹25.65 Cr (FY 2025) | •••• | •••• | 84.0% | •••• | Delhi, India |
| S & P Structurals Private Limited | ₹25.59 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Bellary, Karnataka, India |
| Dakshin Gujarat Smart Metering Private Limited | ₹25.59 Cr (FY 2025) | •••• | •••• | 46850.0% | •••• | Sadar Bazar, Haryana, India |
| Sunovative Private Limited | ₹25.55 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Kota, Rajasthan, India |
| Milestone Engineering Private Limited | ₹25.52 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Edac Engineering Limited | ₹25.51 Cr (FY 2025) | •••• | •••• | -76.0% | •••• | Tamilnadu, Tamil Nadu, India |
| Engenius Erectors Private Limited | ₹25.46 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Chennai, Tamil Nadu, India |
| Chamunda Electrical Limited | ₹25.45 Cr (FY 2025) | •••• | •••• | 27.0% | •••• | Palanpur, Gujarat, India |
| Tecso Projects Limited this company | ₹16.09 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Tecso Projects by revenue in the Cleantech industry (EPC, BoP and BTG, Energy Solutions), 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 Tecso Projects Limited
Tecso Projects Limited is audited by A D S S & CO. for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A D S S & 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 Tecso Projects Limited
Tecso Projects has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kartikey Babubhai Hariyani Also directs: Billion Energy and Mobility Private Limited, Tecso Charge Zone Limited, Tecso Charge Zone One Private Limited and 5 more | Director | 01 Jul 2010 | 16 Years 3 Months | Current |
| Kinnari Kartikey Hariyani Also directs: Billion Energy and Mobility Private Limited, Tecso Charge Zone Limited, Tecso Charge Zone One Private Limited and 5 more | Whole-Time Director | 01 Jul 2010 | 16 Years 3 Months | Current |
| Babubhai Gangaram Hariyani | Director | 09 Sep 2011 | 15 Years 0 Months | Current |
Ownership and Shareholding of Tecso Projects 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 Tecso Projects Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2026 | Others | ₹24.75 Cr | Open |
| 25 Jul 2025 | Others | ₹21.7 Cr | Open |
| 08 Feb 2023 | Others | ₹199.52 Cr | Open |
| 25 Jan 2018 | State Bank of India | ₹5 Cr | Open |
| 15 Jun 2019 | Others | ₹3.12 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Tecso Projects Limited
Tecso Projects Limited has 27 court cases on record: 2 filed by Tecso Projects, 23 filed against it, 2 where it is another party. 13 cases are pending and 14 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 22 | 18 | 8 |
| NCLAT | 5 | 5 | 5 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Artha Energy Resources LLP | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Artha Energy Resources LLP | Pending |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by Bharati Trading Enterprises Private Limited | Pending |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by Bharati Trading Enterprises Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Bharati Trading Enterprises Private Limited | Pending |
Full case history
All 27 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.
Associated Brands with Tecso Projects Limited
Tecso Projects operates one associated brand: Tecso Global. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy projects for industrial and utility scales are developed. | tecsoglobal.com |
Employees and EPFO Compliance at Tecso Projects Limited
Tecso Projects Limited has a workforce of 7 employees as of Jan 26, 2026.
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 Tecso Projects Limited
Tecso Projects has 2 subsidiary companies. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Billion Electric Mobility Private Limited | U74110GJ2016PTC094316 | Locked |
| Tecso Energy Private Limited | U74900GJ2016PTC086300 | Locked |
Showing major subsidiaries. Total: 2.
CIN History of Tecso Projects Limited
Tecso Projects has one previous CIN (Corporate Identification Number): U74200GJ2010PLC061411. The current CIN is U77300GJ2010PLC061411, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U77300GJ2010PLC061411 | Current |
| U74200GJ2010PLC061411 | Previous |
Recent Activity on Tecso Projects Limited
Tecso Projects Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Arokiaswamy ceased to be Director on 01 Mar 2018.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tecso Projects 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 Tecso Projects 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 Tecso Projects 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 Tecso Projects Limited
Tecso Projects has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCT5362J1Z8 | Gujarat | Active | 01 Jul 2017 |
| 08AADCT5362J1Z2 | Rajasthan | Active | 25 Jan 2019 |
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 Tecso Projects 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 Tecso Projects Limited
Tecso Projects is an active public limited company based in Vadodara, Gujarat, India. The company works in clean energy solutions, within the environment industry. It was incorporated on 01 July 2010 (16+ years old) and is registered under CIN U77300GJ2010PLC061411.
Tecso Projects reported revenue of ₹16.09 Cr for FY 2025 (down 37% YoY).
Tecso Projects has 3 current directors:
- Kinnari Kartikey Hariyani - Whole-Time Director
- Kartikey Babubhai Hariyani - Director
- Babubhai Gangaram Hariyani - Director
Tecso Projects reported a net profit of ₹10.19 Lakh (net margin 0.6%) and EBITDA of ₹5.15 Cr (EBITDA margin 32%) for FY 2025, as per its filed financial statements.
The GSTIN of Tecso Projects is 24AADCT5362J1Z8, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 08AADCT5362J1Z2 (Rajasthan).
The CIN (Corporate Identification Number) of Tecso Projects is U77300GJ2010PLC061411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tecso Projects has 27 court cases on record: 2 filed by the company and 23 filed against it. 13 are pending. Most are in the district courts.
Tecso Projects was incorporated on 01 July 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Tecso Projects by revenue are Dynamic Electricals and Switchgear Private Limited, Lucmen Energgy Private Limited, Nav Solar Power Private Limited, S & P Structurals Private Limited, Dakshin Gujarat Smart Metering Private Limited and 5 more, all in the Cleantech industry (EPC, BoP and BTG, Energy Solutions).
Arokiaswamy ceased to be Director on 01 Mar 2018. Ravindran Ramchandran Nambiar ceased to be Director on 01 Mar 2018. Atulkumar Satishkumar Jain ceased to be Director on 01 Dec 2017. Tecso Projects has 8 board changes on record in total.
Tecso Projects can be reached through the website tecsoglobal.com. Its registered office is in Vadodara, Gujarat, India.