Lucas Tvs Profile
Key Indicators
- Authorised Capital ₹ 50.00 Cr
- Paid Up Capital ₹ 9.55 Cr
- Company Age 63 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 279.97 Cr
- Revenue Growth 9.42%
- Profit Growth 14.88%
- Ebitda 32.14%
- Net Worth 16.51%
- Total Assets 21.22%
About Lucas Tvs
Lucas Tvs Limited (LTL) was founded in India on 20 December 1961 and has a glorious history of 63 years and three months. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 50.00 Cr and a paid-up capital of Rs 9.55 Cr.
The company has closed loans amounting to ₹279.97 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Lucas Tvs Limited India are Sudarsan Chakravarthi as CFO and Sekar Logitha as Company Secretary. Bhaskar Bhat, Prakash Jothee, Thirumalaikumarabalaji Priyamvada, 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
U35999TN1961PLC004678
- Company No.
004678
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Dec 1961
- Date of AGM
25 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Automotive
What products or services does Lucas Tvs Limited offer?
Lucas Tvs Limited offers a wide range of products and services, including Automobile Electrical Components, Automotive Motors, Generators, Turbines & Power Plants, Alternator, Street, Flood and Commercial Lights, Searchlight, Electrical Alternators.
Who are the key members and board of directors at Lucas Tvs?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arvind Balaji  | Managing Director | 13-Dec-2007 | Current |
| Sudarsan Chakravarthi | CFO | 21-Nov-2024 | Current |
| Sekar Logitha | Company Secretary | 08-Mar-2022 | Current |
| Tirumala Balaji | Managing Director | 24-Aug-1979 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Gopal Srinivasan | Director | 28-Mar-1996 | Current |
| Bhaskar Bhat | Director | 28-May-2024 | Current |
Prakash Jothee  | Director | 13-Aug-2024 | Current |
| Thirumalaikumarabalaji Priyamvada | Whole-Time Director | 28-Mar-2015 | Current |
Financial Performance of Lucas Tvs.
Lucas Tvs Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 9.42% increase. The company also saw a substantial improvement in profitability, with a 14.88% increase in profit. The company's net worth Soared by an impressive increase of 16.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Lucas Tvs?
In 2023, Lucas Tvs had a promoter holding of 72.54% and a public holding of 27.46%. The company had 5 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Tamil Nadu Skill Development CorporationThirumalaikumarabalaji Priyamvada is a mutual person
Schaeffler India LimitedArvind Balaji is a mutual person
Iit Madras Research ParkGopal Srinivasan is a mutual person
Blue Star Engineering & Electronics LimitedArvind Balaji is a mutual person
Kansai Nerolac Paints LimitedBhaskar Bhat is a mutual person
Chennai International CentreGopal Srinivasan is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹279.97 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 142.30 Cr
- Bank Of Baroda-Corporate Financial Services Branch : 50.00 Cr
- Uti Bank Limited : 40.00 Cr
- Hsbc Bank (Mauritius) Limited : 39.00 Cr
- Bank Of Baroda : 3.00 Cr
- Others : 5.67 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2009 | Bank Of Baroda-Corporate Financial Services Branch | ₹50.00 Cr | Satisfied |
| 16 Mar 2009 | Hsbc Bank (Mauritius) Limited | ₹39.00 Cr | Satisfied |
| 01 Mar 2005 | State Bank Of India | ₹63.50 Cr | Satisfied |
| 14 Sep 2001 | Uti Bank Limited | ₹40.00 Cr | Satisfied |
| 29 Sep 1999 | Indian Bank | ₹1.67 Cr | Satisfied |
How Many Employees Work at Lucas Tvs?
Unlock and access historical data on people associated with Lucas Tvs, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Lucas Tvs, 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 Lucas Tvs'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.
Latest Updates, News, and FAQs on Lucas Tvs
Recent activity within the organization
- Director Appointment
Sudarsan Malayankulam Chakravarthi was appointed as a Cfo was appointed as a Cfo on 21 Nov 2024 & has been associated with this company since 4 months 6 days .
- Annual General Meeting
Lucas Tvs Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.
- Director Appointment
Prakash Jagannathan Jothee was appointed as a Director was appointed as a Director on 13 Aug 2024 & has been associated with this company since 7 months 14 days .
- Director Appointment
Bhaskar Bhat was appointed as a Director was appointed as a Director on 28 May 2024 & has been associated with this company since 9 months 30 days .
- Balance Sheet
Lucas Tvs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 14 Sep 2001 via Charge ID 90298157 with Uti Bank Limited was fully satisfied on 17 Jun 2022.
Recent News, Updates & Announcement
- ARENQ ties up with Lucas TVS to boost distribution of its EV powertrain products in India | Mint.
The strategic association aims to boost Lucas TVS’s EV motor and controller distribution while equipping the team at ARENQ with maintenance and troubleshooting solutions.
Frequently asked questions
What is the Incorporation or founding date of Lucas Tvs Limited?
Lucas Tvs Limited was incorporated on 20 Dec 1961.
What is authorized share capital and paid-up capital of Lucas Tvs Limited?
The authorized share capital of Lucas Tvs Limited is ₹ 50.00 Cr and paid-up capital is ₹ 9.55 Cr.
Who are the current board members & directors of Lucas Tvs Limited?
Currently 8 directors are associated with Lucas Tvs Limited.
- Bhaskar Bhat
- Prakash Jagannathan Jothee
- Sudarsan Malayankulam Chakravarthi
- Sekar Logitha
- Thirumalaikumarabalaji Priyamvada
- Gopal Srinivasan
- Arvind Balaji
- Tirumala Kumara Balaji
What is the registered address of Lucas Tvs Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Lucas Tvs Limited is 6 (New No 11 13) Patullo Rd., Chennai India, Tn, Tamil Nadu, 600002.
What is the corporate identification number (CIN) and company number of Lucas Tvs Limited?
The corporate identification number (CIN) of Lucas Tvs Limited is U35999TN1961PLC004678 and the company number is 004678 as per Ministry of Corporate Affairs (MCA).
What is the official website of Lucas Tvs Limited?
The Official website of Lucas Tvs Limited is https://www.lucas-tvs.com
What has been the recent revenue trend for Lucas Tvs Limited?
According to the financial reports for the fiscal year 2024, the revenue trend for Lucas Tvs Limited has risen by 9.42%.
What change has been observed in the net worth of Lucas Tvs Limited, and by what percentage?
The financial reports for the fiscal year 2024 indicates that The net worth of Lucas Tvs Limited has experienced an upsurge of 16.51%.
When was the last Balance Sheet of Lucas Tvs Limited filed with the ROC?
The most recent Balance Sheet for Lucas Tvs Limited was filed with the ROC on 31 Mar 2024.
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