Lakshmi Finance And Industrial Corporation Ltd

Provides long-term financial investments in equity shares and mutual funds.

1923 | Hyderabad, Telangana (India) | Active
Last Updated: July 11, 2024

Lakshmi Finance And Industrial Corporation Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 101 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.64 M
  • Revenue Growth -54.82%
  • Profit Growth -90.35%
  • Ebitda -94.63%
  • Net Worth -0.78%
  • Total Assets -1.56%

About Lakshmi Finance And Industrial Corporation

Lakshmi Finance And Industrial Corporation Ltd (LFAICL) was founded in India on 20 November 1923 and has a glorious history of 101 years and two months.Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Financial Services 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 6.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹2.64 M.

The Key Managerial Personnel (KMP) at Lakshmi Finance And Industrial Corporation Ltd India are Deepa Gusain as COMPANY SECRETARY and U Kumar as Cfo. Harishchandra Kanuri, Surender Ramasahayam, Kapil Bhatia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L65920TG1923PLC000044

  • Company No.

    000044

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1923

  • Date of AGM

    09 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Financial Services

Who are the key members and board of directors at Lakshmi Finance And Industrial Corporation?

Executive Team (3)

Name Designation Appointment Date Status
Harishchandra Kanuri Country flag representing In Managing Director 01-Apr-2013 Current
Deepa Gusain Country flag representing In Company Secretary 03-Feb-2021 Current
U Kumar Country flag representing In CFO 05-Aug-2014 Current

Board Members (5)

Name Designation Appointment Date Status
Surender Ramasahayam Country flag representing In Director 27-Nov-1968 Current
Kapil Bhatia Country flag representing In Director 22-May-1979 Current
Keshav Bhupal Country flag representing In Director 07-Feb-2014 Current
Nalluri Venkat Country flag representing In Director 04-Apr-2015 Current
Kapil Kanuri Country flag representing Us Director 07-Feb-2014 Current

Financial Performance of Lakshmi Finance And Industrial Corporation.

Lakshmi Finance And Industrial Corporation Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 54.82% decrease. The company also saw a substantial fall in profitability, with a 90.35% decrease in profit. The company's net worth dipped by a decrease of 0.78%.

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
-54.82%
Revenue from Operations
-52.24%
Total Assets
-1.56%
Profit or Loss
-90.35%
Net Worth
-0.78%
EBITDA
-94.63%

What is the Ownership and Shareholding Structure of Lakshmi Finance And Industrial Corporation?

In 2023, Lakshmi Finance And Industrial Corporation had a promoter holding of 47.01% and a public holding of 53.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.26 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Federal Bank Ltd. : 0.26 Cr

Latest Charge Details

Date Lender Amount Status
18 Sep 1995 The Federal Bank Ltd. ₹2.64 M Open

How Many Employees Work at Lakshmi Finance And Industrial Corporation?

Unlock and access historical data on people associated with Lakshmi Finance And Industrial Corporation, 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 Lakshmi Finance And Industrial Corporation, 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 Lakshmi Finance And Industrial Corporation'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 Lakshmi Finance And Industrial Corporation

Recent activity within the organization

  • Annual General Meeting

    Lakshmi Finance And Industrial Corporation Ltd last Annual general meeting of members was held on 09 Aug 2023 as per latest MCA records.

    09 Aug 2023

  • Balance Sheet

    Lakshmi Finance And Industrial Corporation Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Director Appointment

    Nalluri Madhurika Venkat was appointed as a Director was appointed as a Director on 04 Apr 2015 & has been associated with this company since 9 years 9 months .

    04 Apr 2015

  • Director Appointment

    Keshav Bhupal was appointed as a Director was appointed as a Director on 07 Feb 2014 & has been associated with this company since 10 years 11 months .

    07 Feb 2014

  • Director Appointment

    Kapil Prasad Kanuri was appointed as a Director was appointed as a Director on 07 Feb 2014 & has been associated with this company since 10 years 11 months .

    07 Feb 2014

  • Director Appointment

    Harishchandra Prasad Kanuri was appointed as a Managing Director was appointed as a Managing Director on 01 Apr 2013 & has been associated with this company since 11 years 10 months .

    01 Apr 2013

Frequently asked questions

  • Lakshmi Finance And Industrial Corporation Ltd was incorporated on 20 Nov 1923.

  • The authorized share capital of Lakshmi Finance And Industrial Corporation Ltd is ₹ 6.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 8 directors are associated with Lakshmi Finance And Industrial Corporation Ltd.

    • Harishchandra Prasad Kanuri
    • Surender Reddy Ramasahayam
    • Kapil Bhatia
    • Keshav Bhupal
    • Nalluri Madhurika Venkat
    • Deepa Gusain
    • U Vijaya Kumar
    • Kapil Prasad Kanuri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Finance And Industrial Corporation Ltd is 1St Floor Suryadaya, 1-10-60/3 Begumpet, Hyderabad, Telangana, India, 500016.

  • The corporate identification number (CIN) of Lakshmi Finance And Industrial Corporation Ltd is L65920TG1923PLC000044 and the company number is 000044 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lakshmi Finance And Industrial Corporation Ltd is https://www.lakshmifinance.org.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Finance And Industrial Corporation Ltd has fallen by -54.82%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Finance And Industrial Corporation Ltd has experienced an downturn of -0.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Finance And Industrial Corporation Ltd amount to ₹ 2.64 M.

  • The most recent Balance Sheet for Lakshmi Finance And Industrial Corporation Ltd was filed with the ROC on 31 Mar 2023.

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