About Indian Jute Machinery Research & Development
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Indian Jute Machinery Research & Development is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Lagan Engineering Company Limited. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 29 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U29220WB2008PTC129736. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35 Lakh. It was formerly known as Indian Jute Machinery Development Private Limited. It is led by directors Prakash Kumar Bhotica and Shubham Agarwalla.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 14 Dr. Mohd. Ishaque Road (Formerly Kyd Street), Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2024, the company reported a revenue of ₹12.14 Lakh, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹2.69 Lakh (net margin -22.1%) and EBITDA of ₹11.82 Lakh (EBITDA margin 97.3%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 24% over five years.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website legan.co.in.
Company details
Contact details
Indian Jute Machinery Research & Development's registered office is in Kolkata, West Bengal. Its website is legan.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered Address14 Dr. Mohd. Ishaque Road (Formerly Kyd Street), Kolkata, West Bengal, India – 700016
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Indian Jute Machinery Research & Development, 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 Indian Jute Machinery Research & Development
FY 2025 filings availableIndian Jute Machinery Research & Development reported revenue of ₹12.14 Lakh (down 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 24% over five years, including a 85% fall in the latest year. EBITDA fell 86% 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
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| EBITDA | ₹11.82 Lakh | ||||
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| Net Profit (PAT) | -₹2.69 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 97.3% | ||||
| Net Profit Margin | -22.1% | ||||
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To see the full financial statements and ratios of Indian Jute Machinery Research & Development, buy the company report.
Board of directors of Indian Jute Machinery Research & Development
Indian Jute Machinery Research & Development has 2 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Kumar Bhotica | Director | 22 Jun 2021 | 5 Years 4 Months | Current |
| Shubham Agarwalla Also directs: Lagan Engineering Company Limited, Savoy Enterprises Ltd, Sundaram Niwas Private Limited and 1 more | Director | 21 Feb 2023 | 3 Years 8 Months | Current |
Peer comparison
Indian Jute Machinery Research & Development is compared with the 10 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| E14 Technologies Private Limited | ₹12.64 Lakh (FY 2023) | -82.0% | Mumbai, Maharashtra, India | |||
| Oswal Corporate Market Pvt. Ltd. | ₹12.62 Lakh (FY 2024) | 31.0% | Kolkata, West Bengal, India | |||
| Apple Goods Private Limited | ₹12.56 Lakh (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Hertz Electricals (International) Private Limited | ₹12.42 Lakh (FY 2025) | 257.0% | Delhi, India | |||
| Shresth Multi Metal Industries Pvt Ltd | ₹12.17 Lakh (FY 2025) | -1.0% | Ahmedabad, Gujarat, India | |||
| Indian Jute Machinery Research & Developmentthis company | ₹12.14 Lakh (FY 2024) | -₹2.69 Lakh | -22.1% | -85.0% | Kolkata, West Bengal, India | |
| Chloro Controls (India) Private Limited | ₹12.13 Lakh (FY 2021) | 1.0% | Mumbai, Maharashtra, India | |||
| E Cube India Solutions Limited | ₹12.1 Lakh (FY 2025) | Ta Padra, Gujarat, India | ||||
| Manilal Motilal & Sons Engineering Private Limited | ₹12.04 Lakh (FY 2024) | 29.0% | Mumbai, Maharashtra, India | |||
| Embiq Technovations Private Limited | ₹12.02 Lakh (FY 2025) | 85.0% | Delhi, India | |||
| Jai Mahaveer Advance Engineers Private Limited | ₹11.98 Lakh (FY 2024) | -37.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Indian Jute Machinery Research & Development, buy the company report.
Auditor
Indian Jute Machinery Research & Development is audited by P D RUNGTA & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P D RUNGTA & CO | FY 2017 | 001150C |
Shareholding
The shareholding of Indian Jute Machinery Research & Development is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indian Jute Machinery Research & Development, buy the company report.
Legal cases
No court or tribunal cases involving Indian Jute Machinery Research & Development 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 Indian Jute Machinery Research & Development; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indian Jute Machinery Research & Development has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Indian Jute Machinery Research & Development, buy the company report.
Recent activity
Indian Jute Machinery Research & Development has 20 board changes on record since 2009: 2 appointments and 18 cessations. The latest: Shubham Agarwalla ceased to be Additional Director on 29 Sep 2023.
11 earlier events are in the company report.
Frequently asked questions
Indian Jute Machinery Research & Development is an active private limited company based in Kolkata, West Bengal, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 29 September 2008 (18+ years old) and is registered under CIN U29220WB2008PTC129736.
Indian Jute Machinery Research & Development has 2 current directors:
- Prakash Kumar Bhotica - Director
- Shubham Agarwalla - Director
The latest financial statements of Indian Jute Machinery Research & Development on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
No. Indian Jute Machinery Research & Development has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Indian Jute Machinery Research & Development is U29220WB2008PTC129736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indian Jute Machinery Research & Development was incorporated on 29 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Indian Jute Machinery Research & Development by revenue are E14 Technologies Private Limited, Oswal Corporate Market Pvt. Ltd, Apple Goods Private Limited, Hertz Electricals (International) Private Limited, Shresth Multi Metal Industries Pvt Ltd and 5 more, all in the Machinery and Equipment industry (Process Machinery).
Shubham Agarwalla ceased to be Additional Director on 29 Sep 2023. Subhabrata Roy ceased to be Nominee Director on 28 Feb 2023. Shubham Agarwalla was appointed as Director on 21 Feb 2023. Indian Jute Machinery Research & Development has 20 board changes on record in total.
Indian Jute Machinery Research & Development can be reached through the website legan.co.in. Its registered office is in Kolkata, West Bengal, India.
The registered office of Indian Jute Machinery Research & Development is at 14 Dr. Mohd. Ishaque Road Formerly Kyd Street, Kolkata, West Bengal, India – 700016.
Indian Jute Machinery Research & Development operates in the machinery and equipment industry, in the process machinery and industrial equipment segment.