Luminous Technologies
- Unlisted share
- Energy & Power
- ISIN INE187M01012
At a glance
Sales
FY25
₹5,470 Cr
+24.1%on FY24What the company earned from its customers in the year.
Profit
FY25
₹557 Cr
+39.3%on FY24What was left after every cost and tax was paid.
Net worth
as of 31 March 2025
₹2,378 Cr
What the owners would have left on paper if every debt was repaid.
From the company's published figures; sources are beside each figure further down the page.
Key details
- Company
- Luminous Technologies
- ISIN
- INE187M01012
- Sector
- Energy & Power
- Type of share
- Unlisted equity share
- Indicative price per share
- On request
- Price last updated
- 12 Oct 2026
- Minimum quantity
- Confirmed by the desk
- How you hold it
- In your own demat account
- Enquiries
- GrowFast desk, on WhatsApp
Indicative prices, illiquid shares. Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
Company
About Luminous Technologies
Luminous Power Technologies makes and sells home power-backup and solar products in India: inverters, inverter batteries, solar panels and rooftop solar systems, sold under the Luminous brand through a large dealer network, with factories in Himachal Pradesh, Tamil Nadu, Uttarakhand and Odisha. It is a private company wholly owned by France's Schneider Electric group, held through Schneider Electric South East Asia (HQ) Pte. Ltd., and CRISIL treats it as a key part of Schneider's retail business.
Written from: crisil.com, luminousindia.com, luminousindia.com
Listing status. Not listed; the annual return for FY2024-25 states its shares are not listed on any recognised stock exchange. It is a private limited company with two shareholders, both Schneider group. Annual return (Form MGT-7) FY2024-25, company website
Financials
Ask for the full annual report.
The figures on this page are the headline numbers. The desk can share the latest annual report and anything published since.
Ask for the financials- Sector
- Energy & Power
- ISIN
- INE187M01012
- Year of incorporation
- 1988
- Parent
- Schneider Electric SE (100%), held through Schneider Electric South East Asia (HQ) Pte. Ltd.
- Key people
- CEO & Managing Director: Vivek Abrol; Chief Financial Officer: Sant Kumar Verma
- Company website
- Face value per share
- ₹10
- Equity shares outstanding
- 1,35,53,851 shares
- Notice of the 38th Annual General Meeting dated 19 August 2026, company website
- CIN
- U74899DL1988PTC032019
- Website
- luminousindia.com
Read from: Annual return (Form MGT-7) FY2024-25, company website, unless another source is shown on a card.
Key data
What the numbers mean
The ratios buyers look at, each said in plain words.
Profit margincalculated
10.2%
Out of every ₹100 of sales, ₹10.2 was left as profit.
Return on equitycalculated
23.4%
For every ₹100 of the owners' money, the company made ₹23.4 of profit in the year.
- Indicative price
- On request
- No. of shares
- 1,35,53,851
- Book value per share
- ₹1,754.13
- Face value
- ₹10
Figures marked “calculated” are worked out by GrowFast from its indicative price and the company's published figures for FY2024-25. They move with the price, and they are arithmetic, not a valuation.
Figures in ₹ crore
Financials
Luminous Power Technologies Private Limited. As published in the company's audited reports. GrowFast has not audited them.
Sales, year by year
₹ crore. The darkest bar is the latest year.
FY22 to FY25: ₹3,706 Cr to ₹5,470 Cr.
Profit, year by year
₹ crore, after tax. A bar below the line is a loss.
FY22 to FY25: ₹261 Cr to ₹557 Cr.
| Particulars | FY22 | FY23 | FY24 | FY25Latest |
|---|---|---|---|---|
| Revenue (CRISIL Ratings-adjusted) | 3,706 | 4,251 | 4,407 | 5,470▲24% |
| Profit after tax (CRISIL Ratings-adjusted) | 261 | 354 | 400 | 557▲39% |
| Turnover (Companies Act definition, per Form MGT-7) | n/a | n/a | n/a | 5,450.31 |
Rupees crore unless marked, consolidated, standalone. The change shown is the latest year against the year before. Read from: CRISIL Ratings rating rationale, 13 February 2024, CRISIL Ratings rating rationale, 8 May 2025, CRISIL Ratings rating rationale, 17 July 2026, Annual return (Form MGT-7) FY2024-25, company website.
Credit rating. Crisil AAA/Stable (long term) and Crisil A1+ (short term), reaffirmed, on ₹825 crore of bank loan facilities (17 July 2026) CRISIL Ratings rating rationale, 17 July 2026
Ownership
Shareholding pattern
Who owns the company
As of 31 March 2025
100.0%Promoters - bodies corporate (Schneider Electric group; holding company Schneider Electric South East Asia (HQ) Pte. Ltd.)
- Largest holder
- 100.0%
- Top 1 together
- 100.0%
- Holders named
- 1
- Promoters - bodies corporate (Schneider Electric group; holding company Schneider Electric South East Asia (HQ) Pte. Ltd.)100.00%
- Total100.00%
Read from: Annual return (Form MGT-7) FY2024-25, company website
Leadership
Management
Vivek Abrol
CEO & Managing Director
Sant Kumar Verma
Chief Financial Officer
Neelima Burra
Chief Strategy & Transformation Officer, Chief Marketing Officer
Amit Shukla
Business Head - Energy Solutions
Ganesh Moorthi
Chief Technology Officer
Shikha Gupta
Chief Human Resources Officer
Manish Pant
Director
Gaurav
Head (Legal) & Company Secretary
Manish Kumar
Additional Director (appointed 2 April 2026; regular appointment put to the AGM)
Jun Lu
Additional Director (appointed 22 December 2025; regular appointment put to the AGM)
Read from: Company website (Our Leadership), Annual return (Form MGT-7) FY2024-25, company website, Notice of the 38th Annual General Meeting dated 19 August 2026, company website
Corporate calendar
Events
- 10 Sept 2026AGM38th AGM called to adopt the FY2025-26 accounts, declare a dividend of ₹147.6 per share, appoint Price Waterhouse as auditor and confirm Vivek Abrol as managing directorOpen
- 17 Jul 2026Credit ratingCRISIL reaffirmed AAA/Stable and A1+ on ₹825 crore of bank facilitiesOpen
- 2 Apr 2026Board changeVivek Abrol joined the board and became managing director for three years; Manish Kumar joined as additional directorOpen
- 22 Dec 2025Board changeJun Lu joined the board as additional directorOpen
- 22 Sept 2025AGMAnnual general meeting for FY2024-25 heldOpen
- 8 May 2025Credit ratingCRISIL reaffirmed AAA/Stable and A1+; rated bank facilities reduced to ₹825 crore from ₹850 croreOpen
- 5 Dec 2024Board changeNaresh Harish Kumar joined the board as additional director; Deepak Sharma ceased to be a directorOpen
- 13 Feb 2024Credit ratingCRISIL reaffirmed AAA/Stable and A1+ on bank facilitiesOpen
Reports and filings
Annual reports and results
Each link opens the document where its publisher keeps it.
- FY2026-27CRISIL Ratings rationale, 17 July 2026
- FY2025-26Notice of the 38th Annual General Meeting (10 September 2026)
- FY2024-25CRISIL Ratings rationale, 8 May 2025
- FY2024-25Annual Return (Form MGT-7) for FY2024-25
- FY2023-24CRISIL Ratings rationale, 13 February 2024
- FY2022-23CRISIL Ratings rationale, 28 February 2023
Before you buy
Six things to check on any unlisted share.
The same list applies to every stock. None of it is advice on this one.
The company's latest financials
Revenue, profit and debt for the last three years, from its audited annual report. Ask the desk for the most recent set.
What the price implies
Compare the price per share with earnings and book value per share, and with listed companies in the same business.
Whether a listing is planned
A company may file for an IPO, delay it or never list. A listing, its timing and its price are never certain.
How you would sell
There is no exchange for these shares. You sell by finding a buyer, which can take time and may be at a lower price.
Lock-in after a listing
Shares bought before an IPO are usually locked in for a period after the company lists. Confirm the current rule before you buy.
Tax on your gains
Unlisted shares are taxed differently from listed ones. Check your position with a tax adviser.
Questions
What buyers ask about this stock.
Not answered here? Ask the desk.
Inquire about Luminous Technologies on WhatsAppIs the price shown for Luminous Technologies final?
No. It is an indicative price per share. The desk confirms the price and the quantity available when you inquire, and the confirmed price is the one you deal at.
How do I buy these shares?
Press Inquire. It opens a WhatsApp chat with the desk, with this stock already named. After the price and quantity are agreed, a 10% advance locks the deal. Once your KYC is complete you pay the balance, and the shares are transferred to your demat account.
Do I pay anything on this website?
No. No payment is taken and no order is placed on this site. Payment details are shared by the desk only after the deal is agreed.
What do I need before I can buy?
A demat account in your name and the documents for KYC: your identity and demat account details are verified before any deal, as the regulations require.
Can I sell my Luminous Technologies shares to GrowFast?
GrowFast buys as well as sells. Press Inquire and tell the desk how many shares you hold; it will come back with what it can offer.
How do I sell Luminous Technologies shares I already hold?
Tell the desk how many you hold. If a price is agreed, you transfer the shares from your demat account with a delivery instruction to your depository participant (a DIS, or its online equivalent), and payment follows as agreed with the desk.
Is there a lock-in if the company lists?
Shares held before an IPO are generally locked in for a period after the listing under SEBI's rules, which have changed over time. Ask the desk for the rule that applies today before you buy.
Is buying unlisted shares legal in India?
Yes. Shares of an unlisted company can be bought and sold privately and are transferred between demat accounts. They are not traded on a stock exchange, so the protections of an exchange do not apply.
What is the minimum I can buy?
It differs by stock and by what the desk holds at the time. The desk confirms the minimum quantity when you inquire.
What is an ISIN?
The 12-character code that identifies a security. It is how your depository knows exactly which share is being transferred to your demat account.
Why are unlisted shares riskier than listed ones?
Prices are indicative and can change without notice. Unlisted shares are illiquid: you may not be able to sell when you want to, or at the price shown.
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Risk disclosure
Prices on this site are indicative, quoted per share, and are not an offer to buy or sell. The price and quantity for any deal are confirmed by GrowFast's desk at the time you deal.
Unlisted, pre-IPO and delisted shares are not traded on a stock exchange. They are illiquid, their prices can move sharply, and you may be unable to sell them when you wish or at all. A company that is expected to list may not do so.
Nothing on this site is investment advice or a promise of returns. Past prices do not predict future prices. Consider your own circumstances, and take independent advice, before you invest.
Inquire opens a WhatsApp chat with GrowFast. No payment is taken and no order is placed on this site.
GrowFast is not affiliated with, sponsored by or endorsed by Luminous Technologies. Its name and logo belong to their owner and are shown only to identify the company. Figures about it come from published sources and have not been audited by GrowFast. See the Terms and Conditions.