L C G Plastech (India) Private Limited
About L C G Plastech (India) Private Limited
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L C G Plastech (India) Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the pipe and tubes segment of the manufacturing sector. It was incorporated on 03 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U25203OR2009PTC010736. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹57 Lakh. It is led by directors Ranjit Pattnaik (Managing Director) and Sovan Pattnaik.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 1235/1236 Brahmeswar Patna P.S – Baragada, Bhubaneswar, Odisha, India – 751018.
As per the financials filed for FY 2019, the company reported a revenue of ₹95.56 Lakh, a decline of 55% compared to the previous year. For the same year it recorded a net loss of ₹96.61 Lakh (net margin -101.1%) and EBITDA of -₹37.33 Lakh (EBITDA margin -39.1%). Revenue has declined at a compounded annual rate (CAGR) of 29% over three years and 13% over five years.
As per MCA filings, the company has open charges of ₹3.7 Cr and satisfied charges of ₹3.7 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
L C G Plastech (India) Private Limited's registered office is in Bhubaneswar, Odisha. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1235/1236 Brahmeswar Patna P.S – Baragada, Bhubaneswar, Odisha, India – 751018
- IndustryManufacturing, Pipe & Tubes
To see the full contact details of L C G Plastech (India) Private 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
Business activity
The main business activity of L C G Plastech (India) is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of L C G Plastech (India) Private Limited, buy the company report.
Financials of L C G Plastech (India) Private Limited
FY 2019 filings availableL C G Plastech (India) Private Limited reported revenue of ₹95.56 Lakh (down 55% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 13% over five years, including a 55% fall in the latest year. EBITDA rose 51% 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹95.56 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹37.33 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹96.61 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 | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -39.1% | ||||
| Net Profit Margin | -101.1% | ||||
| 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 L C G Plastech (India) Private Limited, buy the company report.
Board of directors of L C G Plastech (India) Private Limited
L C G Plastech (India) has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sovan Pattnaik | Director | 03 Apr 2009 | 17 Years 7 Months | Current |
| Ranjit Pattnaik | Managing Director | 03 Apr 2009 | 17 Years 7 Months | Current |
Peer comparison
L C G Plastech (India) Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Amlavahini Solutions Private Limited | ₹97.74 Lakh (FY 2025) | -26.0% | Nashik, Maharashtra, India | |||
| Welbond Pipes and Fittings Private Limited | ₹96.63 Lakh (FY 2024) | -36.0% | Jalandhar, Punjab, India | |||
| Active Polymers Private Limited | ₹96.15 Lakh (FY 2025) | -17.0% | Junagadh, Gujarat, India | |||
| L C G Plastech (India) Private Limitedthis company | ₹95.56 Lakh (FY 2019) | -₹96.61 Lakh | -101.1% | -55.0% | Bhubaneswar, Odisha, India | |
| Shri Balaji Hume Pipes Private Limited | ₹93.78 Lakh (FY 2024) | -61.0% | Raipur, Chhattisgarh, India | |||
| Salunki Tubes and Pipes Private Limited | ₹93.27 Lakh (FY 2025) | -47.0% | Phulbani, Odisha, India | |||
| Asmita Pipes and Fittings Private Limited | ₹93.2 Lakh (FY 2025) | 95.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of L C G Plastech (India) Private Limited, buy the company report.
Auditor
L C G Plastech (India) Private Limited is audited by DWARIKA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DWARIKA & ASSOCIATES | FY 2019 | 328230E |
Shareholding
The shareholding of L C G Plastech (India) Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of L C G Plastech (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Nov 2009 | 10188514 | Neelachal Gramya Bank | ₹3.7 Cr | Satisfied |
To see the full charge records of L C G Plastech (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
L C G Plastech (India) Private Limited has 2 court cases on record: 1 filed by L C G Plastech (India), 1 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by HDB Financial Services Limited | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Disposed |
To see the full case history of L C G Plastech (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for L C G Plastech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
L C G Plastech (India) 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 L C G Plastech (India) Private Limited, buy the company report.
Recent activity
L C G Plastech (India) Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Bipin Bihari Sarangi ceased to be Director on 25 Feb 2025.
Frequently asked questions
L C G Plastech (India) is an active private limited company based in Bhubaneswar, Odisha, India. The company works in pipe and tubes, within the manufacturing industry. It was incorporated on 03 April 2009 (17+ years old) and is registered under CIN U25203OR2009PTC010736.
L C G Plastech (India) has 2 current directors:
- Ranjit Pattnaik - Managing Director
- Sovan Pattnaik - Director
The latest financial statements of L C G Plastech (India) on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. L C G Plastech (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of L C G Plastech (India) is U25203OR2009PTC010736. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L C G Plastech (India) has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
L C G Plastech (India) was incorporated on 03 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of L C G Plastech (India) by revenue are Amlavahini Solutions Private Limited, Welbond Pipes and Fittings Private Limited, Active Polymers Private Limited, Shri Balaji Hume Pipes Private Limited, Salunki Tubes and Pipes Private Limited and 1 more, all in the Manufacturing industry (Pipes), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Bipin Bihari Sarangi ceased to be Director on 25 Feb 2025. Purnima Pattnaik ceased to be Director on 11 Dec 2019. Priyadarsini Das ceased to be Director on 10 Jul 2018. L C G Plastech (India) has 5 board changes on record in total.
The registered office of L C G Plastech (India) is at 12351236 Brahmeswar Patna P.S – Baragada, Bhubaneswar, Odisha, India – 751018.
L C G Plastech (India) operates in the manufacturing industry, in the pipe and tubes segment.
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