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:

Lokmangal Sugar Ethenol & Co-Generation Industries Profile

Key Indicators

  • Authorised Capital ₹ 145.00 Cr
  • Paid Up Capital ₹ 139.56 Cr
  • Company Age 22 Year, 24 Days
  • 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 22 years. 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

Agriculture

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

Executive Team (2)

NameDesignationAppointment DateStatus
Mahesh Deshmukh Country flag representing In Managing Director05-Dec-2006Current
Dinesh Pawadshetti Country flag representing In CFO12-Feb-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Patil Parag Country flag representing In Director 02-Mar-2015Current
Prashant Patil Country flag representing 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%.

Lokmangal Sugar Ethenol & Co-Generation Industries revenue growth over time
Lokmangal Sugar Ethenol & Co-Generation 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
-25.84%
Revenue from Operations
-26.02%
Total Assets
-2.87%
Profit or Loss
78.80%
Net Worth
-10.87%
EBITDA
-56.49%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹340.90 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
18 Jul 2024Others₹50.00 CrOpen
05 Apr 2021Others₹20.00 CrOpen
15 Oct 2020Others₹2.50 CrOpen
16 Sep 2019Others₹16.58 CrOpen
23 Aug 2019Others₹15.00 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.

Employee growth trends for Lokmangal Sugar Ethenol & Co-Generation Industries Limited

Deals i

Graph showing company valuation over time

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

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 Sugar Ethenol & Co-Generation Industries

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 50.00 Cr with Charge ID 100959055 was registered on 18 Jul 2024.

  • Annual General Meeting

    Lokmangal Sugar Ethenol & Co-Generation Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

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

  • Balance Sheet

    Lokmangal Sugar Ethenol & Co-Generation Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

  • Charges

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

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

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

  • What is authorized share capital and paid-up capital of Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

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

  • Who are the current board members & directors of Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

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

    • Mahesh Satishchandra Deshmukh
    • Dinesh Siddharam Pawadshetti
    • Patil Suresh Parag
    • Prashant Prabhakar Patil

  • What is the registered address of Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

    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.

  • What is the corporate identification number (CIN) and company number of Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

    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).

  • What is the official website of Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

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

  • What has been the recent revenue trend for Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

    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%.

  • How many employees does Lokmangal Sugar Ethenol & Co-Generation Industries Limited currently have?

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

  • What change has been observed in the net worth of Lokmangal Sugar Ethenol & Co-Generation Industries Limited, and by what percentage?

    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%.

  • What are the total open charges for Lokmangal Sugar Ethenol & Co-Generation Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Lokmangal Sugar Ethenol & Co-Generation Industries Limited amount to ₹ 340.90 Cr.

  • When was the last Balance Sheet of Lokmangal Sugar Ethenol & Co-Generation Industries Limited filed with the ROC?

    The most recent Balance Sheet for Lokmangal Sugar Ethenol & Co-Generation Industries Limited was filed with the ROC on 31 Mar 2023.

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