Lokmangal Sugar Ethenol & Co-Generation Industries Limited logo

Lokmangal Sugar Ethenol & Co-Generation Industries Limited

This company produces sugar and related products with a large crushing and co-generation capacity.
2003 | Solapur, Maharashtra (India) | Active

Last Updated:

December 06, 2024
HomeCompanyLokmangal Sugar Ethenol & Co-Generation Industries Limited

Who are the key members and board of directors at Lokmangal Sugar Ethenol & Co-Generation Industries?

Executive Team (2)

NameDesignationAppointment DateStatus
Mahesh Deshmukh InManaging Director05-Dec-2006Current
Dinesh Pawadshetti InCFO12-Feb-2015Current

Board Members(2)

NameDesignationAppointment DateStatus
Prashant Patil In Director 02-Mar-2015Current
Patil Parag In Director 02-Mar-2015Current

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%.

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Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-25.84%
Revenue from Operations
-26.02%
Total Assets
-2.87%
Profit or Loss
78.80%
Net Worth
-10.87%
EBITDA
-56.49%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹290.90 Cr

₹260.41 Cr

LenderAmountStatus

Others

Creation Date: 05 Apr 2021
₹20.00 CrOpen

Others

Creation Date: 15 Oct 2020
₹2.50 CrOpen

Others

Creation Date: 16 Sep 2019
₹16.58 CrOpen

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.

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Latest Updates, News, and FAQs on Lokmangal Sugar Ethenol & Co-Generation Industries

Recent activity within the organization

  • Charges

    A charge registered on 26 Jun 2007 via Charge ID 10059197 with Others was fully satisfied on 07 Jun 2023.

    07 Jun 2023

  • Charges

    A charge registered on 29 Sep 2015 via Charge ID 10605912 with Dena Bank was fully satisfied on 29 Mar 2023.

    29 Mar 2023

  • Annual General Meeting

    Lokmangal Sugar Ethenol & Co-Generation Industries Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Charges

    A charge registered on 16 Feb 2022 via Charge ID 100535817 with Others was fully satisfied on 07 Jul 2022.

    07 Jul 2022

  • Balance Sheet

    Lokmangal Sugar Ethenol & Co-Generation Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Pune.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 17.17 Cr with Charge ID 100535817 was registered on 16 Feb 2022.

    16 Feb 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Lokmangal Sugar Ethenol & Co-Generation Industries Limited was incorporated on 04 Mar 2003.

  • The authorized share capital of Lokmangal Sugar Ethenol & Co-Generation Industries Limited is ₹ 145.00 Cr and paid-up capital is ₹ 139.56 Cr.

  • Currently 4 directors are associated with Lokmangal Sugar Ethenol & Co-Generation Industries Limited.

    • Prashant Prabhakar Patil
    • Mahesh Satishchandra Deshmukh
    • Patil Suresh Parag
    • Dinesh Siddharam Pawadshetti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Lokmangal Sugar Ethenol & Co-Generation Industries Limited is Lokmangal House 8536-A/11 Murarji Peth, Near Old Poona Naka India, Solapur, Maharashtra, 413001.

  • The corporate identification number (CIN) of Lokmangal Sugar Ethenol & Co-Generation Industries Limited is U24116PN2003PLC017746 and the company number is 017746 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Lokmangal Sugar Ethenol & Co-Generation Industries Limited is https://www.lokmangal.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Lokmangal Sugar Ethenol & Co-Generation Industries Limited has fallen by -25.84%.

  • As Per 2023 financial reports, 548 employees are currently employed by Lokmangal Sugar Ethenol & Co-Generation Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Lokmangal Sugar Ethenol & Co-Generation Industries Limited has experienced an downturn of -10.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Lokmangal Sugar Ethenol & Co-Generation Industries Limited amount to ₹ 290.90 Cr.

  • The most recent Balance Sheet for Lokmangal Sugar Ethenol & Co-Generation Industries Limited was filed with the ROC on 31 Mar 2022.

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