Lakhotia Polyesters (India) Limited

Textile fabric manufacturing and production of lacquered polyester film and yarns.

2005 | Nashik, Maharashtra (India) | Active
Last Updated: October 23, 2024

Lakhotia Polyesters (India) Profile

Key Indicators

  • Authorised Capital ₹ 10.50 Cr
  • Paid Up Capital ₹ 10.47 Cr
  • Company Age 19 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.40 Cr
  • Satisfied Charges ₹ 4.04 Cr
  • Revenue Growth -27.49%
  • Profit Growth -312.93%
  • Ebitda -337.94%
  • Net Worth 15.41%
  • Total Assets 17.21%

About Lakhotia Polyesters (India)

Lakhotia Polyesters (India) Limited (LPIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 August 2005 and has a history of 19 years and five months. Its registered office is in Nashik, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 535387.

The Corporate was formerly known as Lakhotia Polyesters (India) Private Limited. The Company is engaged in the Manufacturing 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 10.50 Cr and a paid-up capital of Rs 10.47 Cr.

The company currently has active open charges totaling ₹5.40 Cr. The company has closed loans amounting to ₹4.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lakhotia Polyesters (India) Limited India are Shannu Chaturvedi as Company Secretary, Vivek Rathi as Cfo, and Shannu Chaturvedi as Company Secretary. Kanhaiya Sharma, Madhusudan Lakhotiya, Ashokkumar Khajanchi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Nashik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L17120MH2005PLC155146

  • Company No.

    155146

  • Stock Symbol

    BSE : 535387

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 2005

  • Date of AGM

    25 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Lakhotia Polyesters (India) Limited offer?

Lakhotia Polyesters (India) Limited offers a wide range of products and services, including Yarns & Threads, Fancy Yarn, Packaging Films & Foils, Metallized Films, Dyes & Color Additives, Organic Pigment.

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

Executive Team (4)

Name Designation Appointment Date Status
Madhusudan Lakhotiya Country flag representing In Managing Director 05-Aug-2005 Current
Shannu Chaturvedi Country flag representing In Company Secretary 01-Jul-2019 Current
Vivek Rathi Country flag representing In CFO 26-Aug-2015 Current
Shannu Chaturvedi Company Secretary 01-Jul-2019 Current

Board Members (5)

Name Designation Appointment Date Status
Kanhaiya Sharma Country flag representing In Director 16-Dec-2022 Current
Ashokkumar Khajanchi Country flag representing In Director 17-Aug-2016 Current
Jayshree Lakhotia Country flag representing In Director 24-Jul-2012 Current
Vashishtha Pandiya Country flag representing In Director 31-May-2019 Current
Nikunj Bihani Country flag representing In Director 16-Dec-2022 Current

Financial Performance of Lakhotia Polyesters (India).

Lakhotia Polyesters (India) Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 27.49% decrease. The company also saw a substantial fall in profitability, with a 312.93% decrease in profit. The company's net worth Soared by an impressive increase of 15.41%.

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
-27.49%
Revenue from Operations
-30.34%
Total Assets
17.21%
Profit or Loss
-312.93%
Net Worth
15.41%
EBITDA
-337.94%

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

In 2021, Lakhotia Polyesters (India) had a promoter holding of 33.89% and a public holding of 66.11%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹5.40 Cr

Satisfied Charges

₹4.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 5.40 Cr

Latest Charge Details

Date Lender Amount Status
02 Jul 2020 Others ₹9.00 M Open
26 Feb 2018 Others ₹4.50 Cr Open
12 Sep 2007 Union Bank Of India ₹3.00 Cr Satisfied
08 Dec 2006 Union Bank Of India ₹1.04 Cr Satisfied

How Many Employees Work at Lakhotia Polyesters (India)?

Unlock and access historical data on people associated with Lakhotia Polyesters (India), 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 Lakhotia Polyesters (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 Lakhotia Polyesters (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 Lakhotia Polyesters (India)

Recent activity within the organization

  • Annual General Meeting

    Lakhotia Polyesters (India) Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

    Lakhotia Polyesters (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.90 Cr with Charge ID 100377189 was registered on 02 Jul 2020.

    02 Jul 2020

  • Director Appointment

    Shannu Vinayak Chaturvedi was appointed as a Company Secretary was appointed as a Company Secretary on 01 Jul 2019 & has been associated with this company since 5 years 7 months .

    01 Jul 2019

  • Director Appointment

    Vashishtha Mohan Pandiya was appointed as a Director was appointed as a Director on 31 May 2019 & has been associated with this company since 5 years 8 months .

    31 May 2019

  • Charges

    A charge registered on 08 Dec 2006 via Charge ID 10269843 with Union Bank Of India was fully satisfied on 13 Mar 2018.

    13 Mar 2018

Frequently asked questions

  • Lakhotia Polyesters (India) Limited was incorporated on 05 Aug 2005.

  • The authorized share capital of Lakhotia Polyesters (India) Limited is ₹ 10.50 Cr and paid-up capital is ₹ 10.47 Cr.

  • Currently 9 directors are associated with Lakhotia Polyesters (India) Limited.

    • Kanhaiya Lal Sharma
    • Madhusudan Shamsundar Lakhotiya
    • Shannu Chaturvedi
    • Vivek Rathi
    • Shannu Vinayak Chaturvedi
    • Ashokkumar Gulabchand Khajanchi
    • Jayshree Madhusudhan Lakhotia
    • Vashishtha Mohan Pandiya
    • Nikunj Shrawan Bihani
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakhotia Polyesters (India) Limited is 158/159 Samartha Sahkariaudyogik Vasahat Ltd Pimpal- Gaon (Baswant) India, Tal Niphad Dist Nashik, Maharashtra, 422209.

  • The corporate identification number (CIN) of Lakhotia Polyesters (India) Limited is L17120MH2005PLC155146 and the company number is 155146 as per Ministry of Corporate Affairs (MCA).

  • Yes, Lakhotia Polyesters (India) Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Lakhotia Polyesters (India) Limited is https://www.lakhotiapoly.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lakhotia Polyesters (India) Limited has fallen by -27.49%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lakhotia Polyesters (India) Limited has experienced an upsurge of 15.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lakhotia Polyesters (India) Limited amount to ₹ 5.40 Cr.

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

Similar Companies Based on Textile & Fabric Production