Laxmi Hydraulics Pvt Ltd

Manufacturer and trader of motors, providing customized solutions and services for installation, operation, and maintenance.

1980 | Solapur, Maharashtra (India) | Active
Last Updated:

Laxmi Hydraulics Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.34 Cr
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.00 Cr
  • Satisfied Charges ₹ 17.79 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 six 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 2024. 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 ₹23.00 Cr. The company has closed loans amounting to ₹17.79 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manali Thakre, Sharad Thakre, Anil Patil, 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

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Sharad Thakre Country flag representing In Managing Director22-Oct-1984Current

Board Members (4)

NameDesignationAppointment DateStatus
Manali Thakre Country flag representing In Director 15-Sep-2011Current
Anil Patil Country flag representing In Director 23-Sep-1980Current
Aditya Thakre Country flag representing In Director 02-Jan-2011Current
Supriya Thakre Country flag representing In Director 23-Mar-2018Current

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%.

Laxmi Hydraulics revenue growth over time
Laxmi Hydraulics 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
13.71%
Revenue from Operations
13.42%
Total Assets
5.85%
Profit or Loss
103.28%
Net Worth
36.49%
EBITDA
101.28%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.00 Cr

Satisfied Charges

₹17.79 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 23.00 Cr

Latest Charge Details

DateLenderAmountStatus
30 Apr 2019Hdfc Bank Limited₹23.00 CrOpen
04 Apr 2022Hdfc Bank Limited₹1.55 CrSatisfied
27 Mar 2019Others₹4.00 CrSatisfied
17 Sep 2018Bank Of India₹4.90 CrSatisfied
28 Nov 2014Ing Vysya Bank Limited₹9.00 MSatisfied

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.

Employee growth trends for Laxmi Hydraulics Pvt Ltd

Deals i

Graph showing company valuation over time

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

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 Laxmi Hydraulics

Recent activity within the organization

  • Annual General Meeting

    Laxmi Hydraulics Pvt Ltd last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 28 Nov 2014 via Charge ID 10543304 with Ing Vysya Bank Limited was fully satisfied on 22 Aug 2024.

  • Balance Sheet

    Laxmi Hydraulics Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge registered on 01 Jan 1991 via Charge ID 90083715 with Solapur Janata Sahakari Bank Ltd. was fully satisfied on 13 Oct 2023.

  • Charges

    A charge registered on 04 Apr 2022 via Charge ID 100570607 with Hdfc Bank Limited was fully satisfied on 07 Sep 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 1.55 Cr registered on 04 Apr 2022 with Charge ID 100570607 was modified on 07 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Laxmi Hydraulics Pvt Ltd?

    Laxmi Hydraulics Pvt Ltd was incorporated on 23 Sep 1980.

  • What is authorized share capital and paid-up capital of Laxmi Hydraulics Pvt Ltd?

    The authorized share capital of Laxmi Hydraulics Pvt Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.34 Cr.

  • Who are the current board members & directors of Laxmi Hydraulics Pvt Ltd?

    Currently 5 directors are associated with Laxmi Hydraulics Pvt Ltd.

    • Manali Sharad Thakre
    • Sharad Krishna Thakre
    • Anil Kalgonda Patil
    • Aditya Sharad Thakre
    • Supriya Aditya Thakre
  • What is the registered address of Laxmi Hydraulics Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laxmi Hydraulics Pvt Ltd is B-11 M.I.D.C. Chincholi Tal. Mohol, India, Solapur, Maharashtra, 413255.

  • What is the corporate identification number (CIN) and company number of Laxmi Hydraulics Pvt Ltd?

    The corporate identification number (CIN) of Laxmi Hydraulics Pvt Ltd is U25191PN1980PTC023180 and the company number is 023180 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Laxmi Hydraulics Pvt Ltd?

    The Official website of Laxmi Hydraulics Pvt Ltd is https://www.lhpmotor.com

  • What has been the recent revenue trend for Laxmi Hydraulics Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Laxmi Hydraulics Pvt Ltd has risen by 13.71%.

  • How many employees does Laxmi Hydraulics Pvt Ltd currently have?

    As Per 2023 financial reports, 962 employees are currently employed by Laxmi Hydraulics Pvt Ltd.

  • What change has been observed in the net worth of Laxmi Hydraulics Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Laxmi Hydraulics Pvt Ltd has experienced an upsurge of 36.49%.

  • What are the total open charges for Laxmi Hydraulics Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Laxmi Hydraulics Pvt Ltd amount to ₹ 23.00 Cr.

  • When was the last Balance Sheet of Laxmi Hydraulics Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Laxmi Hydraulics Pvt Ltd was filed with the ROC on 31 Mar 2024.

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