Adwaith Lakshmi Industries Private Limited

Manufacturer of gearbox systems and components for textile machinery, with four divisions and various product lines.

1991 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Adwaith Lakshmi Industries Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 3.63 Cr
  • Company Age 33 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 127.49 Cr
  • Satisfied Charges ₹ 27.00 Cr
  • Revenue Growth 38.59%
  • Profit Growth -11.21%
  • Ebitda 5.53%
  • Net Worth 23.56%
  • Total Assets 54.46%

About Adwaith Lakshmi Industries

Adwaith Lakshmi Industries Private Limited (ALIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 18 November 1991 and has a history of 33 years and three months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Adwaith Steels Limited. The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.75 Cr and a paid-up capital of Rs 3.63 Cr.

The company currently has active open charges totaling ₹127.49 Cr. The company has closed loans amounting to ₹27.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ravi Sam, Uttara Ravi, Ramakrishnan Nagaraj, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    adwaithlakshmi.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109TZ1991PTC003510

  • Company No.

    003510

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    18 Nov 1991

  • Date of AGM

    05 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Consumer Goods
Machinery and Equipment

What products or services does Adwaith Lakshmi Industries Private Limited offer?

Adwaith Lakshmi Industries Private Limited offers a wide range of products and services, including Bath Towel, Pool Towel, Bathrobes, Bathroom Mats, Cotton Bath Mats, Towels, Cotton Towel, Towels, Napkins & Handkerchieves, Door Mats & Bath Mats, Bath Linen Manufacturers.

Who are the key members and board of directors at Adwaith Lakshmi Industries?

Executive Team (1)

NameDesignationAppointment DateStatus
Ravi Sam Country flag representing In Managing Director18-Nov-1991Current

Board Members (3)

NameDesignationAppointment DateStatus
Uttara Ravi Country flag representing In Director 30-Sep-1998Current
Ramakrishnan Nagaraj Country flag representing In Director 19-Aug-2005Current
Tara Venu Country flag representing Us Director 03-Jul-2006Current

Financial Performance of Adwaith Lakshmi Industries.

Adwaith Lakshmi Industries Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 38.59% increase. The company also saw a substantial fall in profitability, with a 11.21% decrease in profit. The company's net worth Soared by an impressive increase of 23.56%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
38.59%
Revenue from Operations
38.64%
Total Assets
54.46%
Profit or Loss
-11.21%
Net Worth
23.56%
EBITDA
5.53%

What is the Ownership and Shareholding Structure of Adwaith Lakshmi Industries?

In 2023, Adwaith Lakshmi Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹127.49 Cr

Satisfied Charges

₹27.00 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 96.20 Cr
  • Others : 31.29 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jul 2024Indian Bank₹8.00 CrOpen
04 Mar 2024Indian Bank₹11.00 CrOpen
15 Feb 2024Indian Bank₹10.00 CrOpen
14 Feb 2023Others₹2.95 CrOpen
29 Sep 2022Others₹28.34 CrOpen

How Many Employees Work at Adwaith Lakshmi Industries?

Adwaith Lakshmi Industries has a workforce of 325 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Adwaith Lakshmi Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Adwaith Lakshmi Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Adwaith Lakshmi Industries

Recent activity within the organization

  • Annual General Meeting

    Adwaith Lakshmi Industries Private Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.

    05 Aug 2024

  • Charges

    A charge with Indian Bank of Rs. 11.00 Cr registered on 04 Mar 2024 with Charge ID 100885225 was modified on 31 Jul 2024.

    31 Jul 2024

  • Charges

    A charge with Indian Bank of Rs. 8.00 Cr registered on 18 Jul 2024 with Charge ID 100950016 was modified on 19 Jul 2024.

    19 Jul 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 8.00 Cr with Charge ID 100950016 was registered on 18 Jul 2024.

    18 Jul 2024

  • Balance Sheet

    Adwaith Lakshmi Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 11.00 Cr with Charge ID 100885225 was registered on 04 Mar 2024.

    04 Mar 2024

Frequently asked questions

  • Adwaith Lakshmi Industries Private Limited was incorporated on 18 Nov 1991.

  • The authorized share capital of Adwaith Lakshmi Industries Private Limited is ₹ 3.75 Cr and paid-up capital is ₹ 3.63 Cr.

  • Currently 4 directors are associated with Adwaith Lakshmi Industries Private Limited.

    • Ravi Sam
    • Uttara Ravi
    • Ramakrishnan Nagaraj
    • Tara Sam Venu
  • As per Ministry of Corporate Affairs (Mca), the registered address of Adwaith Lakshmi Industries Private Limited is Senthottamsowripalayam Coimbatore India, Tamilnadu, Tamil Nadu, 641028.

  • The corporate identification number (CIN) of Adwaith Lakshmi Industries Private Limited is U27109TZ1991PTC003510 and the company number is 003510 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Adwaith Lakshmi Industries Private Limited is https://www.adwaithlakshmi.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Adwaith Lakshmi Industries Private Limited has risen by 38.59%.

  • As Per 2023 financial reports, 325 employees are currently employed by Adwaith Lakshmi Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Adwaith Lakshmi Industries Private Limited has experienced an upsurge of 23.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Adwaith Lakshmi Industries Private Limited amount to ₹ 127.49 Cr.

  • The most recent Balance Sheet for Adwaith Lakshmi Industries Private Limited was filed with the ROC on 31 Mar 2024.

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