Lokmangal Sugar Ethenol & Co-Generation Industries Profile
Key Indicators
- Authorised Capital ₹ 145.00 Cr
- Paid Up Capital ₹ 139.56 Cr
- Company Age 21 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 340.90 Cr
- Satisfied Charges ₹ 260.41 Cr
- Revenue Growth -25.84%
- Profit Growth 78.80%
- Ebitda -56.49%
- Net Worth -10.87%
- Total Assets -2.87%
About Lokmangal Sugar Ethenol & Co-Generation Industries
Lokmangal Sugar Ethenol & Co-Generation Industries Limited (LSECIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 March 2003 and has a history of 21 years and 11 months. Its registered office is in Solapur, Maharashtra, India.
The Corporate was formerly known as Lokmangal Ethenol And Co-Generation Industries Limited. 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 2023. It's a company limited by shares with an authorized capital of Rs 145.00 Cr and a paid-up capital of Rs 139.56 Cr.
The company currently has active open charges totaling ₹340.90 Cr. The company has closed loans amounting to ₹260.41 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lokmangal Sugar Ethenol & Co-Generation Industries Limited India is Dinesh Pawadshetti as CFO. Mahesh Deshmukh, Patil Parag, and Prashant Patil 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
U24116PN2003PLC017746
- Company No.
017746
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2003
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Who are the key members and board of directors at Lokmangal Sugar Ethenol & Co-Generation Industries?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahesh Deshmukh  | Managing Director | 05-Dec-2006 | Current |
| Dinesh Pawadshetti | CFO | 12-Feb-2015 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Patil Parag | Director | 02-Mar-2015 | Current |
| Prashant Patil | Director | 02-Mar-2015 | Current |
Financial Performance of Lokmangal Sugar Ethenol & Co-Generation Industries.
Lokmangal Sugar Ethenol & Co-Generation Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 25.84% decrease. The company also saw a substantial improvement in profitability, with a 78.8% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.87%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Lokmangal Sugar Ethenol & Co-Generation Industries?
In 2023, Lokmangal Sugar Ethenol & Co-Generation Industries had a promoter holding of 11.62% and a public holding of 88.38%. The company had 1 Associate company. 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 Agro Industries LimitedMahesh Deshmukh, Patil Parag and 1 more are mutual person
- Lokmangal Mauli Industries Limited
Mahesh Deshmukh, Patil Parag and 1 more are mutual person
- Lokmangal Infrastructure Private Limited
Mahesh Deshmukh and Prashant Patil are mutual person
- Turtle Infratrade Private Limited
Mahesh Deshmukh is a mutual person
Charges (Loans)
₹340.90 Cr
₹260.41 Cr
Charges Breakdown by Lending Institutions
- Others : 242.08 Cr
- Govt. Of India Sugar Development Fund Represneted By Ifci Limited : 60.46 Cr
- Tjsb Sahakari Bank Limited : 15.00 Cr
- The Thane Janata Sahakari Bank Limited : 11.50 Cr
- Solapur Janata Sahakari Bank Limited : 6.00 Cr
- Others : 5.86 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jul 2024 | Others | ₹50.00 Cr | Open |
| 05 Apr 2021 | Others | ₹20.00 Cr | Open |
| 15 Oct 2020 | Others | ₹2.50 Cr | Open |
| 16 Sep 2019 | Others | ₹16.58 Cr | Open |
| 23 Aug 2019 | Others | ₹15.00 Cr | Open |
How Many Employees Work at Lokmangal Sugar Ethenol & Co-Generation Industries?
Lokmangal Sugar Ethenol & Co-Generation Industries has a workforce of 548 employees as of Apr 07, 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 Sugar Ethenol & Co-Generation 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 Sugar Ethenol & Co-Generation 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.
