About Lippi Systems
Lippi Systems is a publicly listed company based in Ahmedabad (India) founded in 1995. Newspaper printing machines are manufactured by Lippi Systems in India. The company has 21 employees. Its chief executive, as recorded, is Nandlal Agrawal. Its Indian entity Lippi Systems Limited reported revenue of ₹7.99 Cr. Lippi Systems offers products and services including Engraved Cylinders and Printing Technology Services. Its focus areas include Industrial Goods and Manufacturing and Manufacturing Services.
Company details
Lippi Systems was founded in 1995 and is based in Ahmedabad, India. Operations focus on the manufacturing sector, where printing machines designed for newspapers are produced. The company serves the printing industry by providing equipment tailored to news publication needs. Leadership is provided by Nandlal Agrawal as CEO and Managing Director. Activities are centered in the Indian market, with domain presence at lippisystems.com.
- Headquarters Ahmedabad, India
- Employees 21
- Stage Public
- SectorsIndustrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website lippisystems.com
- Legal Name Lippi Systems Limited
- Market Cap₹157 Cr
LIPPISYS · BSE
- Share Price₹221.65
-1.36% today
- EBITDA−₹2.18 Cr
FY 2025-26
- Net Profit₹3.77 Cr
FY 2025-26 · +623.6% YoY
- P/E (TTM)39.2x
P/B 6.3x
- Employee Count21
Associated legal entities of Lippi Systems
Lippi Systems operates through Lippi Systems Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lippi Systems Limited Listed CIN L22100GJ1993PLC020382 | Active | 08 Oct 1993 | Ahmedabad, Gujarat | ₹8.0 Cr | 21 | 7 | View details |
Products & Services of Lippi Systems
Lippi Systems offers a comprehensive portfolio of products and services, including Engraved Cylinders and Printing Technology Services.
Electronically engraved cylinders are utilized for perfect picture printing, where they are perfected through scientific methods in the manufacturing process.
Services related to the science of picture printing are provided, including components that are understood to enhance image reproduction quality.
Board of directors of Lippi Systems Limited (Lippi Systems)
Lippi Systems Limited is the primary company behind Lippi Systems. The board of Lippi Systems Limited currently have 5 directors; the longest-serving is Nandlal Jaigopal Agrawal, appointed in 1993. 12 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nandlal Jaigopal Agrawal DIN 00336556 | Managing Director | 08 Oct 1993 | 33 yrs | Lippi Systems Limited |
| Tirthraj Ashokbhai Pandya DIN 02972285 | Director | 04 Mar 2010 | 16 yrs 7 mo | Lippi Systems Limited |
| Kunal Nandlal Agrawal DIN 00169324 | Whole-time director | 01 Jan 2013 | 13 yrs 9 mo | Lippi Systems Limited |
| Govindlal C Thakkar DIN 07531165 | Director | 30 May 2016 | 10 yrs 4 mo | Lippi Systems Limited |
| Apexa Ajaykumar Panchal DIN 10239502 | Director | 30 May 2024 | 2 yrs 4 mo | Lippi Systems Limited |
People of Lippi Systems
1 people are tracked at Lippi Systems (1 in leadership); the tracked headcount is 21.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership |
Complete people profiles for Lippi Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Lippi Systems
Lippi Systems is a publicly listed company on the BSE with ticker symbol LIPPISYS in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date31 Oct 1994
- Listed onBSE: 526604
- Listed entityLippi Systems Limited
- Exchange sectorProducer manufacturing
- ISININE845B01018
- Share price₹232.55 (+3.29% on the day) · 2026-10-14
- Volume (last session)6,842
Financials of Lippi Systems
Exchange-reported figures of Lippi Systems Limited, the listed company behind Lippi Systems (BSE: LIPPISYS).
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 10.59 | 13.09 | 13.92 |
| Revenue growth | - | - | - | -100.0% | -19.1% | -6.0% | - |
| EBITDA | (2.18) | (0.80) | (1.09) | (1.94) | (1.03) | 0.79 | 1.31 |
| EBITDA margin | - | - | - | - | -9.7% | +6.0% | +9.4% |
| Profit before tax | 5.06 | (1.09) | (1.17) | (2.17) | 1.19 | (0.52) | 0.22 |
| Net profit | 3.77 | (0.72) | (0.88) | (1.61) | (2.06) | (0.43) | 0.18 |
| Net profit margin | - | - | - | - | -19.5% | -3.3% | +1.3% |
| EPS (₹) | 5.40 | (1.06) | (1.23) | (2.31) | 1.20 | (0.61) | 0.26 |
| Balance sheet | |||||||
| Total assets | 27.94 | 21.22 | 22.73 | 22.94 | 24.83 | 31.01 | 31.13 |
| Net worth | 24.91 | 21.13 | 21.87 | 22.73 | 24.34 | 23.66 | 24.05 |
| Total debt | 2.96 | 0.03 | 0.81 | 0.17 | 0.45 | 6.53 | 6.34 |
| Cash & bank | 0.08 | 1.93 | 0.07 | 0.10 | 0.27 | 0.15 | 0.20 |
| Net working capital | 15.60 | 5.36 | 3.26 | 2.90 | 4.44 | 6.02 | 7.25 |
| Cash flow | |||||||
| Cash from operations | (15.24) | 2.08 | (1.40) | (0.32) | (1.05) | 2.52 | 1.43 |
| Cash from investing | 10.45 | 0.55 | 0.72 | 0.43 | 6.98 | (1.81) | (0.10) |
| Cash from financing | 2.94 | (0.77) | 0.64 | (0.28) | (5.73) | (0.71) | (1.34) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.38 | 0.31 | 7.44 | 0.11 | 0.13 | 0.17 | 0.11 | 0.12 |
| Total expenses | 0.25 | 0.82 | 0.62 | 0.54 | 0.21 | 0.20 | 0.21 | 0.19 |
| EBITDA | (0.25) | (0.82) | (0.62) | (0.54) | (0.21) | (0.20) | (0.21) | (0.19) |
| Depreciation | 0.13 | 0.14 | 0.17 | 0.20 | 0.20 | 0.20 | 0.21 | 0.21 |
| Interest | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.00 | (0.69) | 6.65 | (0.63) | (0.28) | (0.23) | (0.31) | (0.28) |
| Tax | 0.00 | (0.17) | 1.68 | (0.17) | (0.06) | (0.07) | (0.15) | (0.03) |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other income | 0.38 | 0.31 | 7.44 | 0.11 | 0.13 | 0.17 | 0.11 | 0.12 |
| Total expenses | 0.25 | 0.82 | 0.62 | 0.54 | 0.21 | 0.20 | 0.21 | 0.19 |
| EBITDA | (0.25) | (0.82) | (0.62) | (0.54) | (0.21) | (0.20) | (0.21) | (0.19) |
| Depreciation | 0.13 | 0.14 | 0.17 | 0.20 | 0.20 | 0.20 | 0.21 | 0.21 |
| Interest | 0.00 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.00 | (0.69) | 6.65 | (0.63) | (0.28) | (0.23) | (0.31) | (0.28) |
| Tax | 0.00 | (0.17) | 1.68 | (0.17) | (0.06) | (0.07) | (0.15) | (0.03) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.00 | 0.00 | 0.00 | 0.00 | 10.59 | 13.09 | 13.92 |
| Revenue growth | - | - | - | -100.0% | -19.1% | -6.0% | - |
| Other income | 7.99 | 0.54 | 0.79 | 0.64 | 3.97 | 0.82 | 1.30 |
| Total expenses | 2.18 | 0.80 | 1.09 | 1.94 | 11.62 | 12.30 | 12.61 |
| Employee cost | 0.00 | 0.34 | 0.40 | 0.53 | 2.52 | 2.82 | 2.99 |
| EBITDA | (2.18) | (0.80) | (1.09) | (1.94) | (1.03) | 0.79 | 1.31 |
| EBITDA margin | - | - | - | - | -9.7% | +6.0% | +9.4% |
| Depreciation | 0.71 | 0.83 | 0.86 | 0.87 | 1.30 | 1.45 | 1.40 |
| Interest | 0.04 | 0.00 | 0.01 | 0.00 | 0.45 | 0.68 | 0.99 |
| Profit before tax | 5.06 | (1.09) | (1.17) | (2.17) | 1.19 | (0.52) | 0.22 |
| Tax | 1.29 | (0.35) | (0.30) | (0.56) | 0.35 | (0.09) | 0.04 |
| Net profit | 3.77 | (0.72) | (0.88) | (1.61) | (2.06) | (0.43) | 0.18 |
| Net profit margin | - | - | - | - | -19.5% | -3.3% | +1.3% |
| EPS (₹) | 5.40 | (1.06) | (1.23) | (2.31) | 1.20 | (0.61) | 0.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 | 7.00 |
| Reserves & surplus | 17.91 | 14.13 | 14.87 | 15.73 | 17.34 | 16.66 | 17.05 |
| Shareholders' funds (net worth) | 24.91 | 21.13 | 21.87 | 22.73 | 24.34 | 23.66 | 24.05 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.49 | 6.34 |
| Unsecured loans | 2.96 | 0.03 | 0.81 | 0.17 | 0.45 | 0.04 | 0.00 |
| Total debt | 2.96 | 0.03 | 0.81 | 0.17 | 0.45 | 6.53 | 6.34 |
| Total liabilities | 27.94 | 21.22 | 22.73 | 22.94 | 24.83 | 31.01 | 31.13 |
| Assets | |||||||
| Gross block | 9.80 | 17.06 | 17.26 | 17.34 | 17.37 | 42.83 | 42.59 |
| Net block | 2.48 | 5.65 | 6.56 | 7.43 | 8.20 | 13.73 | 14.94 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.74 | 1.85 |
| Sundry debtors | 0.04 | 0.59 | 0.56 | 0.47 | 1.40 | 4.55 | 5.79 |
| Cash & bank balances | 0.08 | 1.93 | 0.07 | 0.10 | 0.27 | 0.15 | 0.20 |
| Loans & advances | 16.51 | 3.00 | 2.88 | 2.71 | 3.47 | 0.63 | 0.55 |
| Total current assets | 16.63 | 5.52 | 3.51 | 3.28 | 5.14 | 7.07 | 8.39 |
| Total current liabilities | 1.03 | 0.16 | 0.25 | 0.38 | 0.70 | 1.05 | 1.14 |
| Net working capital | 15.60 | 5.36 | 3.26 | 2.90 | 4.44 | 6.02 | 7.25 |
| Total assets | 27.94 | 21.22 | 22.73 | 22.94 | 24.83 | 31.01 | 31.13 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 1.86 | 0.00 | 0.04 | 0.21 | 0.02 | 0.02 | 0.04 |
| Net cash from operating activities | (15.24) | 2.08 | (1.40) | (0.32) | (1.05) | 2.52 | 1.43 |
| Net cash from investing activities | 10.45 | 0.55 | 0.72 | 0.43 | 6.98 | (1.81) | (0.10) |
| Net cash from financing activities | 2.94 | (0.77) | 0.64 | (0.28) | (5.73) | (0.71) | (1.34) |
| Net change in cash | (1.85) | 1.86 | (0.04) | (0.17) | 0.19 | (0.01) | (0.02) |
| Closing cash | 0.01 | 1.93 | 0.07 | 0.10 | 0.27 | 0.15 | 0.20 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | - | - | - | -100.0% | -19.1% | -6.0% | - |
| EBITDA growth | -172.5% | +26.6% | +43.8% | -88.4% | -230.4% | -39.7% | - |
| PBT growth | +9998.0% | +6.8% | +46.1% | - | +9998.0% | - | -74.7% |
| Net income growth | +623.6% | +18.2% | +45.3% | +21.8% | -379.1% | -338.9% | - |
| Revenue CAGR (3Y) | - | -100.0% | -100.0% | -100.0% | -12.8% | -6.6% | -4.0% |
| EBITDA CAGR (3Y) | +4.0% | -8.1% | - | - | - | -35.5% | -31.6% |
| Profitability & leverage | |||||||
| Net income margin | - | - | - | - | +7.9% | -3.3% | +1.3% |
| Return on capital employed | - | -5.0% | -5.0% | -9.1% | -6.0% | +0.6% | +3.8% |
| Return on net worth | - | -3.4% | -3.9% | -6.9% | -8.6% | -1.8% | +0.8% |
| Debt / equity | - | 0.02 | 0.02 | 0.01 | 0.15 | 0.27 | 0.28 |
| Long-term debt / equity | - | 0.00 | 0.00 | 0.00 | 0.03 | 0.05 | 0.05 |
| Interest cover | -1.38 | 0.00 | -0.51 | 0.00 | -19.31 | -103.03 | -1,100.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | - | 0.00 | 0.00 | 0.00 | 0.35 | 0.31 | 0.33 |
| Inventory turnover | - | 0.00 | 0.00 | 0.00 | 12.17 | 7.29 | 7.75 |
| Debtors turnover | - | 0.00 | 0.00 | 0.00 | 3.56 | 2.53 | 2.41 |
| EPS (₹) | 5.40 | (1.06) | (1.23) | (2.31) | 1.20 | (0.61) | 0.26 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 0.00 | 30.19 | 31.25 | 32.47 | 34.77 | 33.80 | 34.35 |
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Frequently Asked Questions about Lippi Systems
Lippi Systems was founded in 1995.
Lippi Systems is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Nandlal Agrawal is the CEO of Lippi Systems, as recorded in our data.
Lippi Systems has 21 employees.
The primary company behind Lippi Systems, Lippi Systems Limited, reported revenue of ₹7.99 Cr for FY 2026, up 9997% year on year.
Lippi Systems was founded in 1995 and is based in Ahmedabad, India. Operations focus on the manufacturing sector, where printing machines designed for newspapers are produced. The company serves the printing industry by providing equipment tailored to news publication needs. Leadership is provided by Nandlal Agrawal as CEO and Managing Director. Activities are centered in the Indian market, with domain presence at lippisystems.com.
Lippi Systems offers Engraved Cylinders and Printing Technology Services.
Yes, Lippi Systems is publicly traded on BSE under the ticker symbol LIPPISYS.
Lippi Systems operates through Lippi Systems Limited.
The legal entities of Lippi Systems currently have 7 directors, including Nandlal Jaigopal Agrawal, Tirthraj Ashokbhai Pandya, Kunal Nandlal Agrawal and others.