Lakshmi Precision Technologies Limited

Manufacturer of precision machine components and accessories for engineering and textile industries.

1966 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Lakshmi Precision Technologies Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 59 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 17.53 Cr
  • Satisfied Charges ₹ 28.15 Cr
  • Revenue Growth 36.37%
  • Profit Growth -20.92%
  • Ebitda -7.01%
  • Net Worth 12.51%
  • Total Assets 6.70%

About Lakshmi Precision Technologies

Lakshmi Precision Technologies Limited (LPTL) was founded in India on 30 March 1966 and has a glorious history of 59 years . Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Lakshmi Precision Tools Limited. The Company is engaged in the Machinery And Equipment 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 6.00 Cr and a paid-up capital of Rs 3.90 Cr.

The company currently has active open charges totaling ₹17.53 Cr. The company has closed loans amounting to ₹28.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ramaswamy Mahendran, Dinakaran Senthilkumar, Reddigari Reddy, and Five other members serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28939TZ1966PLC000559

  • Company No.

    000559

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1966

  • Date of AGM

    16 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Machinery and Equipment
Manufacturing

What products or services does Lakshmi Precision Technologies Limited offer?

Lakshmi Precision Technologies Limited offers a wide range of products and services, including Die Casting & Investment Castings, Die Casting.

Who are the key members and board of directors at Lakshmi Precision Technologies?

Board Members (8)

NameDesignationAppointment DateStatus
Ramaswamy Mahendran Country flag representing In Director 25-May-2023Current
Dinakaran Senthilkumar Country flag representing In Director 20-Jan-2016Current
Reddigari Reddy Country flag representing In Director 23-Sep-1999Current
Ramesh Rudrappan Country flag representing In Director 03-Oct-2024Current
Nethra Kumar Country flag representing In Director 23-Feb-1994Current
Vivek Prasad Country flag representing In Director 03-Oct-2024Current

Financial Performance of Lakshmi Precision Technologies.

Lakshmi Precision Technologies Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.37% increase. The company also saw a substantial fall in profitability, with a 20.92% decrease in profit. The company's net worth Soared by an impressive increase of 12.51%.

Lakshmi Precision Technologies revenue growth over time
Lakshmi Precision Technologies 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
36.37%
Revenue from Operations
36.16%
Total Assets
6.70%
Profit or Loss
-20.92%
Net Worth
12.51%
EBITDA
-7.01%

What is the Ownership and Shareholding Structure of Lakshmi Precision Technologies?

In 2023, Lakshmi Precision Technologies had a promoter holding of 85.48% and a public holding of 14.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹17.53 Cr

Satisfied Charges

₹28.15 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 15.53 Cr
  • Hdfc Bank Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
24 May 2021Indian Bank₹2.03 CrOpen
05 Aug 2011Hdfc Bank Limited₹2.00 CrOpen
03 Aug 2011Indian Bank₹13.50 CrOpen
24 May 2021Indian Bank₹2.43 CrSatisfied
30 Sep 2020Indian Bank₹1.00 CrSatisfied

How Many Employees Work at Lakshmi Precision Technologies?

Unlock and access historical data on people associated with Lakshmi Precision Technologies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Lakshmi Precision Technologies Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lakshmi Precision Technologies, 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 Precision Technologies'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 Precision Technologies

Recent activity within the organization

  • Director Appointment

    Ramesh Rudrappan was appointed as a Director was appointed as a Director on 03 Oct 2024 & has been associated with this company since 5 months 28 days .

  • Director Appointment

    Vivek Vardhan Prasad was appointed as a Director was appointed as a Director on 03 Oct 2024 & has been associated with this company since 5 months 28 days .

  • Annual General Meeting

    Lakshmi Precision Technologies Limited last Annual general meeting of members was held on 16 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 30 Sep 2020 via Charge ID 100395347 with Indian Bank was fully satisfied on 14 Jun 2024.

  • Charges

    A charge with Indian Bank of Rs. 13.50 Cr registered on 03 Aug 2011 with Charge ID 10307727 was modified on 14 Jun 2024.

  • Balance Sheet

    Lakshmi Precision Technologies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

Frequently asked questions

  • What is the Incorporation or founding date of Lakshmi Precision Technologies Limited?

    Lakshmi Precision Technologies Limited was incorporated on 30 Mar 1966.

  • What is authorized share capital and paid-up capital of Lakshmi Precision Technologies Limited?

    The authorized share capital of Lakshmi Precision Technologies Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.90 Cr.

  • Who are the current board members & directors of Lakshmi Precision Technologies Limited?

    Currently 8 directors are associated with Lakshmi Precision Technologies Limited.

    • Ramaswamy Mahendran
    • Dinakaran Senthilkumar
    • Reddigari Chinna Hanumantha Reddy
    • Ramesh Rudrappan
    • Nethra Jayavarthanavelu Senthil Kumar
    • Vivek Vardhan Prasad
    • Vedhanth Senthil Kumar
    • Jayakumar Krishnan

  • What is the registered address of Lakshmi Precision Technologies Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lakshmi Precision Technologies Limited is 504, Avinashi Road Peelamedu Post India, Coimbatore, Tamil Nadu, 641004.

  • What is the corporate identification number (CIN) and company number of Lakshmi Precision Technologies Limited?

    The corporate identification number (CIN) of Lakshmi Precision Technologies Limited is U28939TZ1966PLC000559 and the company number is 000559 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lakshmi Precision Technologies Limited?

    The Official website of Lakshmi Precision Technologies Limited is https://www.lptindia.com

  • What has been the recent revenue trend for Lakshmi Precision Technologies Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Lakshmi Precision Technologies Limited has risen by 36.37%.

  • What change has been observed in the net worth of Lakshmi Precision Technologies Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Lakshmi Precision Technologies Limited has experienced an upsurge of 12.51%.

  • What are the total open charges for Lakshmi Precision Technologies Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lakshmi Precision Technologies Limited amount to ₹ 17.53 Cr.

  • When was the last Balance Sheet of Lakshmi Precision Technologies Limited filed with the ROC?

    The most recent Balance Sheet for Lakshmi Precision Technologies Limited was filed with the ROC on 31 Mar 2024.

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