About Latern Innovative Engineering Private Limited
Data last updated:
Latern Innovative Engineering Private Limited is a private limited company based in Chennai, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 28 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2014PTC097842. Its GSTIN is 33AACCL7624A3ZY (Tamil Nadu). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Chandrasekaran and Kaarthik.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Surevey No. 218/6 Sri Ganesh Street Ambattur Industrial Estate Athipet, Chennai, Tamil Nadu, India – 600058.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.07 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹21.16 Lakh (net margin 4.2%) and EBITDA of ₹26.57 Lakh (EBITDA margin 5.2%). Revenue has grown at a compounded annual rate (CAGR) of 205% over three years and 102% over five years.
The company is associated with 1 brand: Latern.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website latern.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurevey No. 218/6 Sri Ganesh Street Ambattur Industrial Estate Athipet, Chennai, Tamil Nadu, India – 600058
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Latern Innovative Engineering Private Limited
The main business activity of Latern Innovative Engineering is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Latern Innovative Engineering Private Limited FY 2024 filings available
Latern Innovative Engineering Private Limited reported revenue of ₹5.07 Cr (up 202% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Latern Innovative Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 102% over five years, including 202% growth in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Latern Innovative Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹26.57 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21.16 Lakh | •••• | •••• | •••• | •••• |
| 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 of Latern Innovative Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Latern Innovative Engineering are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Latern Innovative Engineering Private Limited
Latern Innovative Engineering Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Paints). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Eagle Business Services Private Limited | ₹5.2 Cr (FY 2021) | •••• | •••• | 76.0% | •••• | Bangalore, Karnataka, India |
| Hindavi Solution Private Limited | ₹5.2 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Pune, Maharashtra, India |
| Raksha Sales Pvt Ltd | ₹5.18 Cr (FY 2024) | •••• | •••• | 39.0% | •••• | Bhopal, Madhya Pradesh, India |
| New V.V.B. Jothiprakasam Paints Private Limited | ₹5.14 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Madurai, Tamil Nadu, India |
| Protective Paints Private Limited | ₹5.1 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Vadodara, Gujarat, India |
| Latern Innovative Engineering Private Limited this company | ₹5.07 Cr (FY 2024) | •••• | •••• | 202.0% | •••• | Chennai, Tamil Nadu, India |
| Pavan Finechem Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Bamanbor, Gujarat, India |
| Asian Paints (Polymers) Private Limited | ₹5.05 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Mumbai, Maharashtra, India |
| Chowgule Abp Coatings (India) Private Limited | ₹5.04 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Vasco Da Gama, Goa, India |
| Lincoln Overseas Private Limited | ₹5.02 Cr (FY 2024) | •••• | •••• | 250.0% | •••• | Jaipur, Rajasthan, India |
| Lush Surfacoats Private Limited | ₹5 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Latern Innovative Engineering by revenue in the Manufacturing industry (Paints), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Latern Innovative Engineering Private Limited
Latern Innovative Engineering Private Limited is audited by DURGA KRISHNAMURTHY & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DURGA KRISHNAMURTHY & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Latern Innovative Engineering Private Limited
Latern Innovative Engineering has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrasekaran | Director | 28 Oct 2014 | 11 Years 11 Months | Current |
| Kaarthik Also directs: Latern Nano Materials India Private Limited, Velloresemicon Private Limited, Robotik Wash Private Limited and 1 more | Director | 28 Oct 2014 | 11 Years 11 Months | Current |
Ownership and Shareholding of Latern Innovative Engineering Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Latern Innovative Engineering Private Limited
Latern Innovative Engineering Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Latern Innovative Engineering Private Limited
Employment history and EPFO contributions of people linked to Latern Innovative Engineering.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Latern Innovative Engineering Private Limited
Latern Innovative Engineering Private Limited has 2 board changes on record since 2014: 2 appointments. The latest: Chandrasekaran was appointed as Director on 28 Oct 2014.
Credit Ratings, Litigation & Regulatory Alerts for Latern Innovative Engineering Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Latern Innovative Engineering Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Latern Innovative Engineering Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Latern Innovative Engineering Private Limited
Latern Innovative Engineering has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AACCL7624A3ZY | Tamil Nadu | Active | 28 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Latern Innovative Engineering Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Latern Innovative Engineering Private Limited
Latern Innovative Engineering is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 28 October 2014 (12+ years old) and is registered under CIN U74999TN2014PTC097842.
Latern Innovative Engineering reported revenue of ₹5.07 Cr for FY 2024 (up 202% YoY).
Latern Innovative Engineering has 2 current directors:
- Chandrasekaran - Director
- Kaarthik - Director
Latern Innovative Engineering reported a net profit of ₹21.16 Lakh (net margin 4.2%) and EBITDA of ₹26.57 Lakh (EBITDA margin 5.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Latern Innovative Engineering is 205% over three years and 102% over five years. In the latest year (FY 2024) revenue rose 202%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Latern Innovative Engineering is 33AACCL7624A3ZY, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Latern Innovative Engineering is U74999TN2014PTC097842. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Latern Innovative Engineering was incorporated on 28 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Latern Innovative Engineering by revenue are Eagle Business Services Private Limited, Hindavi Solution Private Limited, Raksha Sales Pvt Ltd, New V.V.B. Jothiprakasam Paints Private Limited, Protective Paints Private Limited and 5 more, all in the Manufacturing industry (Paints).
Chandrasekaran was appointed as Director on 28 Oct 2014. Kaarthik was appointed as Director on 28 Oct 2014.
Yes, Latern Innovative Engineering is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).