Lotus Glycol Limited
About Lotus Glycol Limited
Data last updated:
Lotus Glycol Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the manufacturing segment of the chemicals sector. It was incorporated on 18 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2000PLC141639.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Avinash Sitaram Tirlotkar and Indrajit Baliram Tiwari.
Its last annual general meeting (AGM) was held on 28 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1/107 Opp.Jai Hind Cinema Dr. Ambedkar Road Lower Parel, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2016, the company reported a revenue of ₹52,785, a decline of 40% compared to the previous year. For the same year it recorded a net loss of ₹15,971 (net margin -30.3%) and EBITDA of -₹57,256 (EBITDA margin -108.5%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
Lotus Glycol has one previous CIN (Corporate Identification Number): U24100MH2003PLC141639. The current CIN is U24100MH2000PLC141639, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2000PLC141639 | Current |
| U24100MH2003PLC141639 | Previous |
Contact details
Lotus Glycol Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1/107 Opp.Jai Hind Cinema Dr. Ambedkar Road Lower Parel, Mumbai, Maharashtra, India – 400012
- IndustryChemicals, Manufacturing, Basic Chemical
To see the full contact details of Lotus Glycol 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 Lotus Glycol Limited
FY 2019 filings availableLotus Glycol Limited reported revenue of ₹52,785 (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹52,785 | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹57,256 | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹15,971 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -108.5% | |
| Net Profit Margin | -30.3% | |
| 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 Lotus Glycol Limited, buy the company report.
Board of directors of Lotus Glycol Limited
Lotus Glycol has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Sitaram Tirlotkar Also directs: Godeshwar Chemicals Limited, Raj Bones Limited, Fame Engineering Private Limited and 3 more | Director | 02 Sep 2009 | 17 Years 1 Months | Current |
| Indrajit Baliram Tiwari | Director | 20 May 2016 | 10 Years 5 Months | Current |
| Ashok Chotalal Gandhi Also directs: Godeshwar Chemicals Limited, Raj Bones Limited, Fame Engineering Private Limited and 2 more | Director | 29 Jun 2002 | 24 Years 4 Months | Current |
Auditor
Lotus Glycol Limited is audited by S.D. CHANDAK & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.D. CHANDAK & CO | FY 2016 | 32455 |
Shareholding
The shareholding of Lotus Glycol Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lotus Glycol Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lotus Glycol Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lotus Glycol Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lotus Glycol Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lotus Glycol Limited has 7 board changes on record since 2002: 3 appointments and 4 cessations. The latest: Ashok Chotalal Gandhi ceased to be Director on 29 Dec 2021.
Frequently asked questions
Lotus Glycol is an active public limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the chemicals industry. It was incorporated on 18 January 2000 (26+ years old) and is registered under CIN U24100MH2000PLC141639.
Lotus Glycol has 3 current directors:
- Avinash Sitaram Tirlotkar - Director
- Indrajit Baliram Tiwari - Director
- Ashok Chotalal Gandhi - Director
The latest financial statements of Lotus Glycol on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 28 September 2019. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lotus Glycol is U24100MH2000PLC141639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Glycol was incorporated on 18 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Ashok Chotalal Gandhi ceased to be Director on 29 Dec 2021. Indrajit Baliram Tiwari ceased to be Director on 01 Nov 2021. Bhavesh Bipinbhai Bhatt ceased to be Director on 21 May 2016. Lotus Glycol has 7 board changes on record in total.
The registered office of Lotus Glycol is at 1107 Opp.Jai Hind Cinema Dr. Ambedkar Road Lower Parel, Mumbai, Maharashtra, India – 400012.
Lotus Glycol operates in the chemicals industry, in the manufacturing segment.
The compliance status of Lotus Glycol is active non-compliant as of 31 August 2026. The company is actively filing with the Registrar of Companies.
Lotus Glycol can be reached at its registered office: 1107 Opp.Jai Hind Cinema Dr. Ambedkar Road Lower Parel, Mumbai, Maharashtra, India – 400012.
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