Lokmangal Agro Industries Profile
Key Indicators
- Authorised Capital ₹ 110.00 Cr
- Paid Up Capital ₹ 99.97 Cr
- Company Age 26 Year, 4 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 four 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
Who are the key members and board of directors at Lokmangal Agro Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Deshmukh  | Managing Director | 31-Mar-2009 | Current |
| Prasad Kulkarni | CFO | 20-Sep-2018 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Prashant Patil | Director | 02-Mar-2015 | Current |
| Patil Parag | Director | 01-Feb-2010 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Lokmangal Mauli Jewellers Private LimitedMahesh Deshmukh is a mutual person
Lokmangal Mauli Industries LimitedPrashant Patil, Mahesh Deshmukh and 1 more are mutual person
- Lokmangal Infrastructure Private Limited
Prashant Patil and Mahesh Deshmukh are mutual person
- Turtle Infratrade Private Limited
Mahesh Deshmukh is a mutual person
Charges (Loans)
₹491.69 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Sep 2024 | Others | ₹30.00 Cr | Open |
| 26 Jul 2024 | Others | ₹50.00 Cr | Open |
| 05 Apr 2021 | Others | ₹10.00 Cr | Open |
| 14 Oct 2020 | Others | ₹2.50 Cr | Open |
| 30 Oct 2019 | Others | ₹4.50 Cr | Open |
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.
Deals i
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
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.
