Lateral MGT. Services Private Limited
About Lateral MGT. Services Private Limited
Data last updated:
Lateral MGT. Services Private Limited is a private limited company based in Kilpauk, Tamil Nadu, India. It operates in the manufacturing segment of the healthcare sector. It was incorporated on 11 December 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33111TN1986PTC013808.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹10.63 Lakh. It was formerly known as Lateral Mgt. Services Limited. It is led by directors including Hari Lakshmiratan (Whole-Time Director) and Mahalakshmi Ratan (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 48 Taylors Rdkilpauk Kilpauk, Tamil Nadu, India – 600010.
As per the financials filed for FY 2017, the company reported a revenue of ₹33.88 Lakh. For the same year it recorded a net profit of ₹43,849 (net margin 1.3%) and EBITDA of ₹2.49 Lakh (EBITDA margin 7.3%).
The company has about 2 employees on its provident fund (EPFO) records.
Court records list 6 cases involving the company, including 6 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Lateral MGT. Services has one previous CIN (Corporate Identification Number): U33111TN1986PLC013808. The current CIN is U33111TN1986PTC013808, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33111TN1986PTC013808 | Current |
| U33111TN1986PLC013808 | Previous |
Contact details
Lateral MGT. Services Private Limited's registered office is in Kilpauk, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address48 Taylors Rdkilpauk Kilpauk, Tamil Nadu, India – 600010
- IndustryHealthcare, Manufacturing, Medical & Surgical Equipment, Orthopedic Appliances, X-Ray Apparatus, Medical Appliances And Instruments
To see the full contact details of Lateral MGT. Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Lateral MGT. Services Private Limited
FY 2023 filings availableLateral MGT. Services Private Limited reported revenue of ₹33.88 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹33.88 Lakh | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹2.49 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹43,849 | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 7.3% | ||
| Net Profit Margin | 1.3% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Lateral MGT. Services Private Limited, buy the company report.
Board of directors of Lateral MGT. Services Private Limited
Lateral MGT. Services has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamurthi Aanand Lakshmi Ratan | Director | 27 Nov 2008 | 17 Years 11 Months | Current |
| Hari Lakshmiratan | Whole-Time Director | 28 Aug 1994 | 32 Years 2 Months | Current |
| Mahalakshmi Ratan Also directs: Linevan Retail and Trading Private Limited | Whole-Time Director | 28 Aug 1994 | 32 Years 2 Months | Current |
| Karthik Lakshmi Ratan | Director | 07 Nov 2016 | 10 Years 0 Months | Current |
Auditor
Lateral MGT. Services Private Limited is audited by KRISHNAN MEENAKSHISUNDARAM for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KRISHNAN MEENAKSHISUNDARAM | FY 2017 | 021596 |
Shareholding
The shareholding of Lateral MGT. Services Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lateral MGT. Services Private Limited, buy the company report.
Legal cases
Lateral MGT. Services Private Limited has 6 court cases on record: 6 filed by Lateral MGT. Services. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 0 |
| District courts | 2 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chennai, Tamil Nadu | Court case (COS) | Filed by the company against Adp India Pvt Ltd | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed by the company against Adp India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Adp India Pvt Ltd | Disposed |
| High Court, TAMIL NADU | Civil suit | Filed by the company against Adp India Private Limited | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Ma Foi Consulting Solutions | Disposed |
To see the full case history of Lateral MGT. Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lateral MGT. Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lateral MGT. Services Private Limited has a workforce of 2 employees on its EPFO records as of Jun 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2020-21 | 2 |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Lateral MGT. Services Private Limited, buy the company report.
GST
No GST registration is on our record for Lateral MGT. Services Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lateral MGT. Services Private Limited has 6 board changes on record since 1994: 5 appointments and 1 cessation. The latest: Karthik Lakshmi Ratan was appointed as Director on 07 Nov 2016.
Frequently asked questions
Lateral MGT. Services is an active private limited company based in Kilpauk, Tamil Nadu, India. The company works in manufacturing, within the healthcare industry. It was incorporated on 11 December 1986 (40+ years old) and is registered under CIN U33111TN1986PTC013808.
Lateral MGT. Services has 4 current directors:
- Hari Lakshmiratan - Whole-Time Director
- Mahalakshmi Ratan - Whole-Time Director
- Krishnamurthi Aanand Lakshmi Ratan - Director
- Karthik Lakshmi Ratan - Director
The latest financial statements of Lateral MGT. Services on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lateral MGT. Services is U33111TN1986PTC013808. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lateral MGT. Services has 6 court cases on record: 6 filed by the company. Most are in the high courts.
Lateral MGT. Services was incorporated on 11 December 1986, making it 40+ years old. It is registered with the Registrar of Companies, Chennai.
Karthik Lakshmi Ratan was appointed as Director on 07 Nov 2016. Krishnamurthi Aanand Lakshmi Ratan was appointed as Director on 27 Nov 2008. Ranjit Jesudasen ceased to be Director on 27 Nov 2008. Lateral MGT. Services has 6 board changes on record in total.
The registered office of Lateral MGT. Services is at 48 Taylors Rdkilpauk Kilpauk, Tamil Nadu, India – 600010.
Lateral MGT. Services operates in the healthcare industry, in the manufacturing segment.
The compliance status of Lateral MGT. Services is compliant as of 14 September 2026. The company is actively filing with the Registrar of Companies.
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