La Tim Metal & Industries Limited

Manufacturer and trader of metal products, including color coated coils and profile sheets.

1974 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

La Tim Metal & Industries Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 11.04 Cr
  • Company Age 50 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 36.34 Cr
  • Satisfied Charges ₹ 181.00 Cr
  • Revenue Growth -32.64%
  • Profit Growth -228.99%
  • Ebitda -182.89%
  • Net Worth -22.29%
  • Total Assets -1.36%

About La Tim Metal & Industries

La Tim Metal & Industries Limited (LTMIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 28 November 1974 and has a history of 50 years and two months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505693.

The Corporate was formerly known as Drillco Metal Carbides Limited. The Company is engaged in the Metals And Minerals 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 25.00 Cr and a paid-up capital of Rs 11.04 Cr.

The company currently has active open charges totaling ₹36.34 Cr. The company has closed loans amounting to ₹181.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at La Tim Metal & Industries Limited India is Sandip Timbadia as CFO. Kartik Timbadia, Ragini Chokshi, Sandeep Ohri, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    latimmetal.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1974PLC017951

  • Company No.

    017951

  • Stock Symbol

    BSE : 505693

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 1974

  • Date of AGM

    18 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

Who are the key members and board of directors at La Tim Metal & Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Sandip Timbadia Country flag representing In CFOCurrent
Rahul Timbadia Country flag representing In Managing Director10-May-2010Current

Board Members (4)

NameDesignationAppointment DateStatus
Kartik Timbadia Country flag representing In Whole-Time Director 10-May-2010Current
Ragini Chokshi Country flag representing In Director 09-Nov-2020Current
Sandeep Ohri Country flag representing In Director 28-Jun-2021Current
Ravi Seth Country flag representing In Director 12-Aug-2022Current

Financial Performance of La Tim Metal & Industries.

La Tim Metal & Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.64% decrease. The company also saw a substantial fall in profitability, with a 228.99% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.29%.

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
-32.64%
Revenue from Operations
-33.31%
Total Assets
-1.36%
Profit or Loss
-228.99%
Net Worth
-22.29%
EBITDA
-182.89%

What is the Ownership and Shareholding Structure of La Tim Metal & Industries?

In 2023, La Tim Metal & Industries had a promoter holding of 62.25% and a public holding of 37.75%. 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

₹36.34 Cr

Satisfied Charges

₹181.00 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.00 Cr
  • Bank Of Maharahstra : 0.25 Cr
  • Hdfc Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
17 Jan 2024Others₹36.00 CrOpen
26 Sep 2022Hdfc Bank Limited₹0.85 MOpen
08 Feb 1991Bank Of Maharahstra₹2.50 MOpen
22 Dec 2017Punjab And Maharashtra Co-Operative Bank Limited₹71.97 CrSatisfied
22 Dec 2017Punjab And Maharashtra Co-Operative Bank Limited₹5.17 CrSatisfied

How Many Employees Work at La Tim Metal & Industries?

Unlock and access historical data on people associated with La Tim Metal & Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of La Tim Metal & 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 La Tim Metal & 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 La Tim Metal & Industries

Recent activity within the organization

  • Annual General Meeting

    La Tim Metal & Industries Limited last Annual general meeting of members was held on 18 Aug 2024 as per latest MCA records.

    18 Aug 2024

  • Director Appointment

    Sandip Khushalchand Timbadia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 Jun 2024 & has been associated with this company since 8 months 8 days .

    13 Jun 2024

  • Balance Sheet

    La Tim Metal & Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 36.00 Cr registered on 17 Jan 2024 with Charge ID 100864002 was modified on 13 Mar 2024.

    13 Mar 2024

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100146525 with Punjab And Maharashtra Co-Operative Bank Limited was fully satisfied on 28 Feb 2024.

    28 Feb 2024

  • Charges

    A charge registered on 22 Dec 2017 via Charge ID 100169008 with Punjab And Maharashtra Co-Operative Bank Limited was fully satisfied on 28 Feb 2024.

    28 Feb 2024

Frequently asked questions

  • La Tim Metal & Industries Limited was incorporated on 28 Nov 1974.

  • The authorized share capital of La Tim Metal & Industries Limited is ₹ 25.00 Cr and paid-up capital is ₹ 11.04 Cr.

  • Currently 7 directors are associated with La Tim Metal & Industries Limited.

    • Kartik Maganlal Timbadia
    • Sandip Khushalchand Timbadia
    • Ragini Kamal Chokshi
    • Sandeep Naresh Ohri
    • Ravi Kumar Kishan Chand Seth
    • Sandip Khushalchand Timbadia
    • Rahul Maganlal Timbadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of La Tim Metal & Industries Limited is 201 Navkar Plaza Bajaj Road, Vile Parle (West) India, Mumbai, Maharashtra, 400056.

  • The corporate identification number (CIN) of La Tim Metal & Industries Limited is L99999MH1974PLC017951 and the company number is 017951 as per Ministry of Corporate Affairs (MCA).

  • Yes, La Tim Metal & Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of La Tim Metal & Industries Limited is https://www.latimmetal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for La Tim Metal & Industries Limited has fallen by -32.64%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of La Tim Metal & Industries Limited has experienced an downturn of -22.29%.

  • As per the financial statements for fiscal Year 2023, The total open charges for La Tim Metal & Industries Limited amount to ₹ 36.34 Cr.

  • The most recent Balance Sheet for La Tim Metal & Industries Limited was filed with the ROC on 31 Mar 2024.

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