Lotte India Corporation Profile
Key Indicators
- Authorised Capital ₹ 370.00 Cr
- Paid Up Capital ₹ 14.10 Cr
- Company Age 70 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 51.00 Cr
- Satisfied Charges ₹ 156.94 Cr
- Revenue Growth 33.14%
- Profit Growth -110.92%
- Ebitda -4.32%
- Net Worth 37.36%
- Total Assets 25.42%
About Lotte India Corporation
Lotte India Corporation Limited (LICL) was founded in India on 26 March 1954 and has a glorious history of 70 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Parrys Confectionery Limited. The Company is engaged in the Food And Beverages 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 370.00 Cr and a paid-up capital of Rs 14.10 Cr.
The company currently has active open charges totaling ₹51.00 Cr. The company has closed loans amounting to ₹156.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lotte India Corporation Limited India are T Karthikeyan as COMPANY SECRETARY and Jeongkwan Heo as Cfo. Duraiswamy Rajan, Milan Wahi, Jeehye You, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15419TN1954PLC001987
- Company No.
001987
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
26 Mar 1954
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does Lotte India Corporation Limited offer?
Lotte India Corporation Limited offers a wide range of products and services, including Bakery & Confectionery Products, Pies, Candy & Jelly, Toffees, Handloom Sarees, Jamdani Sarees, Designer Sarees, Fancy Sarees, Sarees, Lehenga and Salwar Suits, Silk Sarees.
Who are the key members and board of directors at Lotte India Corporation?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milan Wahi  | Managing Director | 30-Mar-2012 | Current |
| T Karthikeyan | Company Secretary | 06-Jul-2011 | Current |
| Jeongkwan Heo | CFO | 30-Aug-2022 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Duraiswamy Rajan | Director | 26-Jul-2007 | Current |
Jeehye You  | Director | 29-Mar-2022 | Current |
| Kyungwoon Cho | Director | 08-Mar-2021 | Current |
| Jeongkwan Heo | Director | 29-Sep-2022 | Current |
| Junyeon Kim | Additional Director | 11-Apr-2024 | Current |
Financial Performance of Lotte India Corporation.
Lotte India Corporation Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.14% increase. The company also saw a substantial fall in profitability, with a 110.92% decrease in profit. The company's net worth Soared by an impressive increase of 37.36%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Lotte India Corporation?
In 2023, Lotte India Corporation had a promoter holding of 98.90% and a public holding of 1.10%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Ifgl Refractories LimitedDuraiswamy Rajan is a mutual person
Rubfila International LtdDuraiswamy Rajan is a mutual person
Nf Healthcare India Private LimitedJeehye You is a mutual person
Dowwells India Private LimitedJeehye You is a mutual person
Balaji Motion Pictures LimitedDuraiswamy Rajan is a mutual person
Alt Digital Media Entertainment LimitedDuraiswamy Rajan is a mutual person
Charges (Loans)
₹51.00 Cr
₹156.94 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 30.00 Cr
- State Bank Of India : 11.00 Cr
- Yes Bank Limited : 5.00 Cr
- Others : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2023 | Others | ₹5.00 Cr | Open |
| 07 Feb 2022 | Yes Bank Limited | ₹5.00 Cr | Open |
| 02 May 2014 | Hdfc Bank Limited | ₹30.00 Cr | Open |
| 11 Nov 2008 | State Bank Of India | ₹11.00 Cr | Open |
| 26 Mar 2021 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Lotte India Corporation?
Lotte India Corporation has a workforce of 564 employees as of Apr 08, 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 Lotte India Corporation, 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 Lotte India Corporation'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.
