Laxmi Hydraulics Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.34 Cr
- Company Age 44 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 23.90 Cr
- Satisfied Charges ₹ 16.89 Cr
- Revenue Growth 13.71%
- Profit Growth 103.28%
- Ebitda 101.28%
- Net Worth 36.49%
- Total Assets 5.85%
About Laxmi Hydraulics
Laxmi Hydraulics Pvt Ltd (LHPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 1980 and has a history of 44 years and five months. Its registered office is in Solapur, Maharashtra, India.
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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 1.34 Cr.
The company currently has active open charges totaling ₹23.90 Cr. The company has closed loans amounting to ₹16.89 Cr, as per Ministry of Corporate Affairs (MCA) records.
Anil Patil, Sharad Thakre, Manali Thakre, and Two other members serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25191PN1980PTC023180
- Company No.
023180
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
23 Sep 1980
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
What products or services does Laxmi Hydraulics Pvt Ltd offer?
Laxmi Hydraulics Pvt Ltd offers a wide range of products and services, including Electric Motors and Components, Industrial Motors, Process Pumps, Electric Motor, Induction Motors, Starters, Soft Starters, Three Phase Electric Motor, Well Pump, Open Well Submersible Pump.
Who are the key members and board of directors at Laxmi Hydraulics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sharad Thakre  | Managing Director | 22-Oct-1984 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Patil | Director | 23-Sep-1980 | Current |
| Manali Thakre | Director | 15-Sep-2011 | Current |
| Aditya Thakre | Director | 02-Jan-2011 | Current |
| Supriya Thakre | Director | 23-Mar-2018 | Current |
Financial Performance of Laxmi Hydraulics.
Laxmi Hydraulics Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 13.71% increase. The company also saw a substantial improvement in profitability, with a 103.28% increase in profit. The company's net worth Soared by an impressive increase of 36.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Laxmi Hydraulics?
In 2023, Laxmi Hydraulics had a promoter holding of 91.01% and a public holding of 8.99%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Laxmi Oil Pumps And Systems Private LimitedAnil Patil is a mutual person
- Laxmi Irrigation Pumps Pvt Ltd
Sharad Thakre and Aditya Thakre are mutual person
- Ivg Consultants Private Limited
Sharad Thakre, Manali Thakre and 1 more are mutual person
Charges (Loans)
₹23.90 Cr
₹16.89 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 23.00 Cr
- Ing Vysya Bank Limited : 0.90 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Apr 2019 | Hdfc Bank Limited | ₹23.00 Cr | Open |
| 28 Nov 2014 | Ing Vysya Bank Limited | ₹9.00 M | Open |
| 04 Apr 2022 | Hdfc Bank Limited | ₹1.55 Cr | Satisfied |
| 27 Mar 2019 | Others | ₹4.00 Cr | Satisfied |
| 17 Sep 2018 | Bank Of India | ₹4.90 Cr | Satisfied |
How Many Employees Work at Laxmi Hydraulics?
Laxmi Hydraulics has a workforce of 962 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Laxmi Hydraulics, 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 Laxmi Hydraulics's trajectory.
Rating
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
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.
