About Lirco
Lirco is a company based in Gandhinagar (India) founded in 2011. It operates as a B2B. Lirco offers products and services including WPC Boards, Mineral Fibre Boards, 3 Layer Boards, and PVC Foam Boards. Lirco operates in a competitive market with competitors including EGGER, LIXIL, Wickes, JuuNoo and Hardware Resources, among others.
- Headquarter Gandhinagar, India
- SectorsConsumerReal Estate & Construction
- Email••••••••
- Website lirco.in
- Legal Name Lirco Composites Private Limited
- Date of Incorporation 25 Nov, 2011
- Jurisdiction Gandhinagar, Gujarat, India
- Annual Revenue₹13.74 Cr
FY 2024 · +49% YoY
- Net Profit₹17.3 Lakh
FY 2024 · 1% margin
- EBITDA₹1.01 Cr
FY 2024 · 7% margin
Associated legal entities of Lirco
Lirco operates through Lirco Composites Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Lirco Composites Private Limited CIN U25202GJ2011PTC067976 | Active | 25 Nov 2011 | Dehgam, Gujarat | ₹13.7 Cr | 3 | 4 | View details |
Products & Services of Lirco
Lirco offers a comprehensive portfolio of products and services, including WPC Boards, Mineral Fibre Boards, 3 Layer Boards, and PVC Foam Boards.
Composite boards for kitchens and furniture applications
Boards used in construction for durability
Multi-layered boards for structural purposes
Foam boards for lightweight construction needs
Board of directors of Lirco Composites Private Limited (Lirco)
Lirco Composites Private Limited is the primary company behind Lirco. The board of Lirco Composites Private Limited currently have 4 directors; the longest-serving is Arvind Vastaram Patel, appointed in 2011. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Arvind Vastaram Patel DIN 00642946 | Director | 25 Nov 2011 | 14 yrs 10 mo | Lirco Composites Private Limited |
| Jagdishbhai Chunilal Patel DIN 03300279 | Director | 25 Nov 2011 | 14 yrs 10 mo | Lirco Composites Private Limited |
| Anil Chunilal Patel DIN 07157814 | Director | 17 Apr 2015 | 11 yrs 5 mo | Lirco Composites Private Limited |
| Gangaram Patel DIN 07157813 | Director | 17 Apr 2015 | 11 yrs 5 mo | Lirco Composites Private Limited |
Financials of Lirco
Figures of Lirco Composites Private Limited, the primary company behind Lirco, for FY 2024. Revenue was ₹13.74 Cr (+49% year on year). Net profit was ₹17.3 Lakh (1% margin). EBITDA was ₹1.01 Cr (7% margin). Revenue has grown at a compounded annual rate of +21% over three years and +15% over five years.
- ₹13.74 CrRevenue · FY 2024 · +49% YoY
- ₹17.3 LakhNet profit · 1% margin
- ₹1.01 CrEBITDA · 7% margin
- ₹60 LakhPaid-up capital
- 3Employees (provident fund records)
- +21%Revenue CAGR, 3 years
- +15%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lirco Composites Private Limited are on its company page.
Detailed financial statements for Lirco
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Lirco
Lirco operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EGGER, LIXIL, Wickes, JuuNoo and Hardware Resources, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| egger.com | 1961 | Tirol, Austria | – | 9 | Home decor and furniture products are manufactured by EGGER. | |
| lixil.com | 1949 | Koto, Japan | – | 223 | Manufacturer of exterior & interior building materials, and construction management services | |
| wickes.co.uk | 1972 | Watford, United Kingdom | – | – | Supplier of construction products | |
| juunoo.com | 2017 | Harelbeke, Belgium | $10.41M | 22 | Glass walls, windows, and doors are manufactured by JuuNoo. | |
| hardwareresources.com | 1989 | Bossier, United States | – | 645 | Products for kitchen cabinets, baths, and closets are manufactured. | |
| zzsupei.com | 2015 | Xiamen, China | $22.96M | – | Provider of tile floor, door & window lock, paint switch, and bathroom ceilings services | |
| armstrongceilings.com | 1860 | Lancaster, United States | – | 4 | Provider of ceiling and wall solutions for commercial and residential spaces | |
| thinkalpen.com | 1986 | Niwot, United States | $16.1M | – | High-performance windows, doors, and architectural glass are manufactured. | |
| kronospan.com | 1897 | Eastaboga, United States | – | 714 | Flooring, wall panels, and other interior building materials are manufactured. | |
| mzurigroup.co.uk | 2020 | Lisburn, United Kingdom | $12.25M | – | Wooden products, window coverings, and home interior items are manufactured. |
Detailed competitors of Lirco
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Similar companies to Lirco
10 companies that operate in the same segment as Lirco (Home & Living Products), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of interior design and renovation services for homes and offices | 2014 | Bengaluru, Karnataka, India | USD 527.28 M | – | – | |
App based platform to connect users with local service professionals | 2008 | San Francisco, California, United States | USD 698.85 M | – | – | |
Provider of FMCG conglomerate products | 1837 | United States | – | USD 457.23 M | 923 | |
Multi-category products are rented via subscription model. | 2014 | Bengaluru, Karnataka, India | USD 58.71 M | USD 14.82 M | 422 | |
Multi-category home improvement products are sold online by Wayfair. | 2002 | Boston, Massachusetts, United States | USD 523.3 M | USD 12.46 B | 13,500 | |
AI-enabled smart mattress covers and thermoregulated bedding are provided. | 2014 | New York, New York, United States | USD 325.12 M | – | 61 | |
Multi-category home improvement products are sold through an internet-first brand. | 2010 | London, England, United Kingdom | USD 135.9 M | – | – | |
Developer and manufacturer of heating, ventilation, air conditioning and refrigeration equipment | 1924 | Osaka, Osaka Prefecture, Japan | – | USD 29.47 B | 96,337 | |
Mattresses and bedding are provided by an internet-first brand. | 2014 | New York, New York, United States | USD 341.3 M | – | – | |
Internet-first brand offering multi-category home furniture | 2012 | Bengaluru, Karnataka, India | USD 108.06 M | USD 26.92 B | 43,024 |
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Frequently Asked Questions about Lirco
Lirco was founded in 2011.
Lirco is headquartered in Gandhinagar, India. It is registered at Gandhinagar, Gujarat, India.
The primary company behind Lirco, Lirco Composites Private Limited, reported revenue of ₹13.74 Cr for FY 2024, up 49% year on year.
Lirco Composites Private Limited specializes in manufacturing high-quality WPC boards, mineral fibre boards, and other composite materials for applications in modular kitchens, home furniture, and construction templates. The company operates from its facility in Gandhinagar, Gujarat, India, focusing on durable solutions for builders, contractors, and interior designers. It emphasizes innovation in material technology to enhance product longevity and quality.
Lirco's top competitors include Armstrong World Industries, EGGER and LIXIL.
Lirco offers WPC Boards, Mineral Fibre Boards, 3 Layer Boards, and PVC Foam Boards.
Lirco operates through Lirco Composites Private Limited.
The legal entities of Lirco currently have 4 directors, including Anil Chunilal Patel, Arvind Vastaram Patel, Gangaram Patel and others.