L R Associates Private Limited
About L R Associates Private Limited
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L R Associates Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 April 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH1992PTC066242. Its GSTIN is 27AAACL0592K1ZD (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sunit Dilip Chaudhari and Puneet Manohar Mhatre.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2026, the company reported a revenue of ₹11.75 Lakh, a decline of 86% compared to the previous year. For the same year it recorded a net loss of ₹3.1 Lakh (net margin -26.4%) and EBITDA of -₹2.67 Lakh (EBITDA margin -22.7%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 36% over five years.
As per MCA filings, the company has open charges of ₹15 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
L R Associates Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address214 2nd Floor Mastermind I Bldg – B Royal Palms Aarey Colony Survey No. 169 Goregaon(E, Ast), Mumbai, Maharashtra, India – 400065
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of L R Associates 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 R Associates is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of L R Associates Private Limited, buy the company report.
Financials of L R Associates Private Limited
FY 2026 filings availableL R Associates Private Limited reported revenue of ₹11.75 Lakh (down 86% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 86% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 36%. EBITDA fell 108% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹11.75 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹2.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.1 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.7% | ||||
| Net Profit Margin | -26.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 R Associates Private Limited, buy the company report.
Board of directors of L R Associates Private Limited
L R Associates has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Puneet Manohar Mhatre Also directs: L.R.Management Education Institute | Additional Director | 18 Jan 2021 | 5 Years 9 Months | Current |
| Sunit Dilip Chaudhari Also directs: Smackit Technologies LLP | Director | 25 Nov 2025 | 0 Years 11 Months | Current |
Auditor
L R Associates Private Limited is audited by DESAI AGARWAL & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DESAI AGARWAL & ASSOCIATES | FY 2026 | 0143534W |
Shareholding
The shareholding of L R Associates Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of L R Associates Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Nov 1998 | 90376293 | Central Bank of India | ₹15 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving L R Associates Private 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 L R Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
L R Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL0592K1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of L R Associates Private Limited, buy the company report.
Recent activity
L R Associates Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Sunit Dilip Chaudhari was appointed as Director on 25 Nov 2025.
Frequently asked questions
L R Associates is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 April 1992 (34+ years old) and is registered under CIN U74140MH1992PTC066242.
L R Associates has 2 current directors:
- Puneet Manohar Mhatre - Additional Director
- Sunit Dilip Chaudhari - Director
The latest financial statements of L R Associates on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of L R Associates is 27AAACL0592K1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of L R Associates is U74140MH1992PTC066242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
L R Associates was incorporated on 07 April 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Sunit Dilip Chaudhari was appointed as Director on 25 Nov 2025. Leslie Ignatius Rebelo ceased to be Director on 18 Jan 2021. Puneet Manohar Mhatre was appointed as Additional Director on 18 Jan 2021. L R Associates has 4 board changes on record in total.
The registered office of L R Associates is at 214 2nd Floor Mastermind I Bldg – B Royal Palms Aarey Colony Survey No. 169 GoregaonE, Ast, Mumbai, Maharashtra, India – 400065.
L R Associates operates in the information technology industry, in the application development and software solutions segment.
L R Associates has open charges of ₹15 Lakh and no satisfied charges on record as per latest MCA filings.
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