Lokmangal Agro Industries Limited

Sugar and ethanol production company with 2,500 TCD crushing capacity and 8.5 MW co-generation unit.

1998 | Solapur, Maharashtra (India) | Active
Last Updated:

Lokmangal Agro Industries Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 99.97 Cr
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 491.69 Cr
  • Satisfied Charges ₹ 308.01 Cr
  • Revenue Growth 201.81%
  • Profit Growth 461.30%
  • Ebitda 30.02%
  • Net Worth 0.87%
  • Total Assets -1.48%

About Lokmangal Agro Industries

Lokmangal Agro Industries Limited (LAIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 October 1998 and has a history of 26 years and five months. Its registered office is in Solapur, Maharashtra, India.

The Company is engaged in the Agriculture Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 110.00 Cr and a paid-up capital of Rs 99.97 Cr.

The company currently has active open charges totaling ₹491.69 Cr. The company has closed loans amounting to ₹308.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Lokmangal Agro Industries Limited India is Prasad Kulkarni as CFO. Prashant Patil, Mahesh Deshmukh, and Patil Parag 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

    U01122PN1998PLC012974

  • Company No.

    012974

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Oct 1998

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Agriculture

Who are the key members and board of directors at Lokmangal Agro Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Mahesh Deshmukh Country flag representing In Managing Director31-Mar-2009Current
Prasad Kulkarni Country flag representing In CFO20-Sep-2018Current

Board Members (2)

NameDesignationAppointment DateStatus
Prashant Patil Country flag representing In Director 02-Mar-2015Current
Patil Parag Country flag representing In Director 01-Feb-2010Current

Financial Performance of Lokmangal Agro Industries.

Lokmangal Agro Industries Limited, for the financial year ended 2019, experienced significant growth in revenue, with a 201.81% increase. The company also saw a substantial improvement in profitability, with a 461.3% increase in profit. The company's net worth moved up by a moderate rise of 0.87%.

Lokmangal Agro Industries revenue growth over time
Lokmangal Agro Industries 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
201.81%
Revenue from Operations
206.76%
Total Assets
-1.48%
Profit or Loss
461.30%
Net Worth
0.87%
EBITDA
30.02%

What is the Ownership and Shareholding Structure of Lokmangal Agro Industries?

In 2019, Lokmangal Agro Industries had a promoter holding of 5.32% and a public holding of 94.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹491.69 Cr

Satisfied Charges

₹308.01 Cr

Charges Breakdown by Lending Institutions

  • Others : 433.73 Cr
  • Ministry Of Consumer Affairs Food And Public Distribution Department Of Food And Public Distribution : 29.96 Cr
  • Tjsb Sahakari Bank Limited : 25.00 Cr
  • The United Western Bank : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Sep 2024Others₹30.00 CrOpen
26 Jul 2024Others₹50.00 CrOpen
05 Apr 2021Others₹10.00 CrOpen
14 Oct 2020Others₹2.50 CrOpen
30 Oct 2019Others₹4.50 CrOpen

How Many Employees Work at Lokmangal Agro Industries?

Lokmangal Agro Industries has a workforce of 402 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 Lokmangal Agro Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Lokmangal Agro Industries, 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 Lokmangal Agro Industries'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 Lokmangal Agro Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100976237 was registered on 21 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100955809 was registered on 26 Jul 2024.

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10605911 with Dena Bank was fully satisfied on 20 Apr 2023.

  • Charges

    A charge registered on 17 Jul 2017 via Charge ID 100115976 with Others was fully satisfied on 13 Oct 2022.

  • Annual General Meeting

    Lokmangal Agro Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Lokmangal Agro Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

Frequently asked questions

  • What is the Incorporation or founding date of Lokmangal Agro Industries Limited?

    Lokmangal Agro Industries Limited was incorporated on 16 Oct 1998.

  • What is authorized share capital and paid-up capital of Lokmangal Agro Industries Limited?

    The authorized share capital of Lokmangal Agro Industries Limited is ₹ 110.00 Cr and paid-up capital is ₹ 99.97 Cr.

  • Who are the current board members & directors of Lokmangal Agro Industries Limited?

    Currently 4 directors are associated with Lokmangal Agro Industries Limited.

    • Prashant Prabhakar Patil
    • Mahesh Satishchandra Deshmukh
    • Patil Suresh Parag
    • Prasad Ramakant Kulkarni

  • What is the registered address of Lokmangal Agro Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Lokmangal Agro Industries Limited is Lokmangal House 8536-A/11 Murarji Peth, Near Old Poona Naka India, Solapur, Maharashtra, 413001.

  • What is the corporate identification number (CIN) and company number of Lokmangal Agro Industries Limited?

    The corporate identification number (CIN) of Lokmangal Agro Industries Limited is U01122PN1998PLC012974 and the company number is 012974 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Lokmangal Agro Industries Limited?

    The Official website of Lokmangal Agro Industries Limited is https://www.lokmangal.com

  • What has been the recent revenue trend for Lokmangal Agro Industries Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Lokmangal Agro Industries Limited has risen by 201.81%.

  • How many employees does Lokmangal Agro Industries Limited currently have?

    As Per 2019 financial reports, 402 employees are currently employed by Lokmangal Agro Industries Limited.

  • What change has been observed in the net worth of Lokmangal Agro Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Lokmangal Agro Industries Limited has experienced an upsurge of 0.87%.

  • What are the total open charges for Lokmangal Agro Industries Limited?

    As per the financial statements for fiscal Year 2019, The total open charges for Lokmangal Agro Industries Limited amount to ₹ 491.69 Cr.

  • When was the last Balance Sheet of Lokmangal Agro Industries Limited filed with the ROC?

    The most recent Balance Sheet for Lokmangal Agro Industries Limited was filed with the ROC on 31 Mar 2022.

People also Viewed