Lactose (India) Limited

Manufactures lactose and other pharmaceutical products for various clients.

1991 | Vadodara, Gujarat (India) | Active
Last Updated:

Lactose (India) Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 12.59 Cr
  • Company Age 34 Year, 17 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 46.67 Cr
  • Satisfied Charges ₹ 230.06 Cr
  • Revenue Growth 43.01%
  • Profit Growth -50.69%
  • Ebitda -6.56%
  • Net Worth 3.25%
  • Total Assets 12.81%

About Lactose (India)

Lactose (India) Limited (LIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 March 1991 and has a history of 34 years. Its registered office is in Vadodara, Gujarat, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 524202.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 12.59 Cr.

The company currently has active open charges totaling ₹46.67 Cr. The company has closed loans amounting to ₹230.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lactose (India) Limited India are Sangita Maheshwari as CFO and Ritesh Pandey as Company Secretary. Atul Maheshwari, Sangita Maheshwari, Dhaval Soni, and Two other members serve as directors at the Company.

Company Details

  • Location

    Vadodara, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L15201GJ1991PLC015186

  • Company No.

    015186

  • Stock Symbol

    BSE : 524202

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Mar 1991

  • Date of AGM

    07 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Ahmedabad

Industry

Pharma

What products or services does Lactose (India) Limited offer?

Lactose (India) Limited offers a wide range of products and services, including Common Disease Medicines, Antihistamines, Pharmaceutical Medicine, Chemical Reagents & Catalysts, Laboratory Reagents, Fertilizers and Soil Additives, Nitrogen Fertilizers, Pharma Ingredients & Raw Materials, Pharmaceutical Excipients, Milk & Dairy Products.

Who are the key members and board of directors at Lactose (India)?

Executive Team (3)

NameDesignationAppointment DateStatus
Sangita Maheshwari Country flag representing In CFO28-May-2016Current
Atul Maheshwari Country flag representing In Managing Director11-Mar-1991Current
Ritesh Pandey Company Secretary10-Jan-2020Current

Board Members (4)

NameDesignationAppointment DateStatus
Sangita Maheshwari Country flag representing In Whole-Time Director and Cfo 24-Jan-2014Current
Dhaval Soni Country flag representing In Director 19-Mar-2022Current
Nandan Srinath Country flag representing In Additional Director 05-Sep-2024Current
Chandra Bhagavatula Additional Director 05-Sep-2024Current

Financial Performance of Lactose (India).

Lactose (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 43.01% increase. The company also saw a substantial fall in profitability, with a 50.69% decrease in profit. The company's net worth moved up by a moderate rise of 3.25%.

Lactose (India) revenue growth over time
Lactose (India) 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
43.01%
Revenue from Operations
43.23%
Total Assets
12.81%
Profit or Loss
-50.69%
Net Worth
3.25%
EBITDA
-6.56%

What is the Ownership and Shareholding Structure of Lactose (India)?

In 2023, Lactose (India) had a promoter holding of 53.79% and a public holding of 46.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.67 Cr

Satisfied Charges

₹230.06 Cr

Charges Breakdown by Lending Institutions

  • Others : 46.16 Cr
  • Hdfc Bank Limited : 0.42 Cr
  • Axis Bank Limited : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
29 Jul 2024Others₹4.07 MOpen
29 Nov 2023Hdfc Bank Limited₹1.57 MOpen
10 Apr 2023Others₹45.75 CrOpen
09 Jul 2021Hdfc Bank Limited₹2.65 MOpen
14 May 2019Axis Bank Limited₹0.91 MOpen

How Many Employees Work at Lactose (India)?

Lactose (India) has a workforce of 136 employees as of Apr 05, 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.

Employee growth trends for Lactose (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lactose (India), 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 Lactose (India)'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 Lactose (India)

Recent activity within the organization

  • Director Appointment

    Nandan Srinath was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 6 months 22 days .

  • Director Appointment

    Chandra Mohan Bhagavatula was appointed as a Additional Director was appointed as a Additional Director on 05 Sep 2024 & has been associated with this company since 6 months 22 days .

  • Charges

    A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100966642 was registered on 29 Jul 2024.

  • Charges

    A charge with Others of Rs. 45.75 Cr registered on 10 Apr 2023 with Charge ID 100713054 was modified on 25 Jun 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.16 Cr with Charge ID 100822445 was registered on 29 Nov 2023.

  • Annual General Meeting

    Lactose (India) Limited last Annual general meeting of members was held on 07 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Lactose (India) Limited?

    Lactose (India) Limited was incorporated on 11 Mar 1991.

  • What is authorized share capital and paid-up capital of Lactose (India) Limited?

    The authorized share capital of Lactose (India) Limited is ₹ 15.00 Cr and paid-up capital is ₹ 12.59 Cr.

  • Who are the current board members & directors of Lactose (India) Limited?

    Currently 7 directors are associated with Lactose (India) Limited.

    • Atul Maheshwari
    • Sangita Maheshwari
    • Dhaval Jayant Soni
    • Nandan Srinath
    • Chandra Mohan Bhagavatula
    • Sangita Atul Maheshwari
    • Ritesh Pandey

  • What is the registered address of Lactose (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lactose (India) Limited is Survey No.5, 6 7A Village- (Rania). Taluka Savli District Vadodara India, Poicha, Gujarat, 391780.

  • What is the corporate identification number (CIN) and company number of Lactose (India) Limited?

    The corporate identification number (CIN) of Lactose (India) Limited is L15201GJ1991PLC015186 and the company number is 015186 as per Ministry of Corporate Affairs (MCA).

  • Is Lactose (India) Limited registered with any stock exchange in India?

    Yes, Lactose (India) Limited is registered on Bombay Stock Exchange (BSE).

  • What is the official website of Lactose (India) Limited?

    The Official website of Lactose (India) Limited is https://www.lactoseindialimited.com

  • What has been the recent revenue trend for Lactose (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lactose (India) Limited has risen by 43.01%.

  • How many employees does Lactose (India) Limited currently have?

    As Per 2023 financial reports, 136 employees are currently employed by Lactose (India) Limited.

  • What change has been observed in the net worth of Lactose (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lactose (India) Limited has experienced an upsurge of 3.25%.

  • What are the total open charges for Lactose (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lactose (India) Limited amount to ₹ 46.67 Cr.

  • When was the last Balance Sheet of Lactose (India) Limited filed with the ROC?

    The most recent Balance Sheet for Lactose (India) Limited was filed with the ROC on 31 Mar 2023.

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