About La Tim Sourcing (India) Private Limited
Data last updated:
La Tim Sourcing (India) Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of La Tim Metal & Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the construction materials segment of the manufacturing sector. It was incorporated on 21 December 2000.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2000PTC130170. The company has 9 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.02 Cr. It was led by directors including Karna Kartik Timbadia and Kartik Maganlal Timbadia.
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 201 Navkar Plaza Bajaj Road Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2023, the company reported a revenue of ₹251.63 Cr, a decline of 51% compared to the previous year. For the same year it recorded a net loss of ₹2.15 Cr (net margin -0.9%) and EBITDA of ₹6.01 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 16% over five years.
As per MCA filings, the company had satisfied charges of ₹11 Cr on record. Court records list 10 cases involving the company, including 7 filed by the company and 3 filed against it; 4 cases are pending. The company has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2018. Its 10 peer companies in the Manufacturing industry (Construction Materials, Die Casting) are compared by revenue, 5 larger and 5 smaller; the largest is Ardex Endura (India) Private Limited with revenue of ₹260.88 Cr. The company has 5 MSME Form 1 returns on record between 2018 and 2019, listing 32 overdue payments to 14 micro and small suppliers.
The last known website on record is latimsteel.com.
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- TelephoneLocked
- Website
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- Registered Address201 Navkar Plaza Bajaj Road Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryManufacturing, Construction Materials, Die Casting & Metal Forming
- 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
- One PDF report, delivered after checkout
Business Activity of La Tim Sourcing (India) Private Limited
The main business activities of La Tim Sourcing (India) are trade and construction. In detail, this covers wholesale trading and buildings. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of La Tim Sourcing (India) Private Limited FY 2023 filings available
La Tim Sourcing (India) Private Limited reported revenue of ₹251.63 Cr (down 51% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of La Tim Sourcing (India) Private Limited
Revenue fell 51% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 74% 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 of La Tim Sourcing (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹251.63 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹6.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹2.15 Cr | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of La Tim Sourcing (India) Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -0.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of La Tim Sourcing (India) are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karna Kartik Timbadia Also directs: Latim Realty LLP, Coast to Coast Hospitality and Lifestyle LLP, Saj Hotels Limited and 1 more | Director | 28 Dec 2011 | 14 Years 9 Months | As last reported |
| Kartik Maganlal Timbadia | Director | 11 Jun 2003 | 23 Years 4 Months | As last reported |
| Rahul Maganlal Timbadia Also directs: La Proviso Infra Developers LLP, Saj Hotels Limited, La-Tim Life Style and Resorts Limited and 4 more | Director | 21 Dec 2000 | 25 Years 10 Months | As last reported |
| Parth Rahul Timbadia Also directs: Latim Realty LLP, La Proviso Infra Developers LLP, Coast to Coast Hospitality and Lifestyle LLP and 5 more | Director | 28 Dec 2011 | 14 Years 9 Months | As last reported |
Peer Comparison of La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Construction Materials, Die Casting). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ardex Endura (India) Private Limited | ₹260.88 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | Bangalore, Karnataka, India |
| Alfa Peb Limited | ₹259.26 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Shri Jaibaba Casting Private Limited | ₹258.16 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Bhilai, Chhattisgarh, India |
| Ashta Liners Private Limited | ₹255.72 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Maharashtra, India |
| Asiaan Metals & Aluminium Casting Private Limited | ₹251.9 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | Chennai, Tamil Nadu, India |
| La Tim Sourcing (India) Private Limited this company | ₹251.63 Cr (FY 2023) | •••• | •••• | -51.0% | •••• | Mumbai, Maharashtra, India |
| Kosei Minda Aluminum Company Private Limited | ₹251.41 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Delhi, India |
| GN Altech Private Limited | ₹248.94 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Rajkot, Gujarat, India |
| U P Asbestos Limited | ₹248.83 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | Uttar Pradesh, India |
| Himgiri Castings Pvt Ltd | ₹247.87 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Kolkata, West Bengal, India |
| R B A Exports Pvt. Ltd. | ₹246.43 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Kolkata, West Bengal, India |
Peers are the five companies nearest above and the five nearest below La Tim Sourcing (India) by revenue in the Manufacturing industry (Construction Materials, Die Casting), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) Private Limited is audited by Dhirubhai Shah & Co.LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dhirubhai Shah & Co.LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of La Tim Sourcing (India) Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of La Tim Sourcing (India) Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Mar 2010 | Union Bank of India | ₹11 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) Private Limited has 3 deals on record (1 acquisition, 1 funding round, 1 secondary share transfer), with disclosed funding of ₹2 Cr; the latest was in March 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Acquisition | Undisclosed | Buyer: La Tim Metal & Industries Limited Seller: 4 individuals |
| Apr 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jul 2009 | Funding round | ₹2 Cr | Investors: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) Private Limited has 10 court cases on record: 7 filed by La Tim Sourcing (India), 3 filed against it. 4 cases are pending and 6 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 3 |
| High courts | 3 | 1 | 0 |
| Supreme Court | 2 | 2 | 1 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against K R S Projects Private Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed by the company against Dilmax Traders | Pending |
| Supreme Court | Court case | Filed against the company by Commissioner of Customs Pune | Pending |
| Bombay High Court | Court case (RPW) | Filed against the company by Commissioner of Customs Import, Ns-Iii | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Union of India | Disposed |
Full case history
All 10 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) Private Limited has 5 MSME Form 1 returns on record between 2018 and 2019, listing 32 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Gopal Krishna Papers Private Limited | •••• | •••• | •••• |
| Primary Solutions | •••• | •••• | •••• |
| Vapi Pharmaceuticals LLP | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 5 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at La Tim Sourcing (India) Private Limited
Employment history and EPFO contributions of people linked to La Tim Sourcing (India).
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) Private Limited has 8 board changes on record since 2000: 4 appointments and 4 cessations. The latest: Karna Kartik Timbadia ceased to be Additional Director on 28 Sep 2012.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for La Tim Sourcing (India) Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of La Tim Sourcing (India) Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) has 9 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of La Tim Sourcing (India) Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about La Tim Sourcing (India) Private Limited
La Tim Sourcing (India) has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
La Tim Sourcing (India) was a private limited company based in Mumbai, Maharashtra, India. The company worked in construction materials, within the manufacturing industry. It was incorporated on 21 December 2000 and is registered under CIN U51909MH2000PTC130170. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
La Tim Sourcing (India) was incorporated on 21 December 2000. It is registered with the Registrar of Companies, Mumbai.
La Tim Sourcing (India) had 4 directors:
- Karna Kartik Timbadia - Director
- Kartik Maganlal Timbadia - Director
- Rahul Maganlal Timbadia - Director
- Parth Rahul Timbadia - Director
The CIN (Corporate Identification Number) of La Tim Sourcing (India) is U51909MH2000PTC130170. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of La Tim Sourcing (India) is at 201 Navkar Plaza Bajaj Road Vile Parle West, Mumbai, Maharashtra, India – 400056.
La Tim Sourcing (India) can be reached through the website latimsteel.com. Its registered office is in Mumbai, Maharashtra, India.
La Tim Sourcing (India) reported revenue of ₹251.63 Cr for FY 2023 (down 51% YoY).
La Tim Sourcing (India) has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.02 Cr.
La Tim Sourcing (India) reported a net loss of ₹2.15 Cr (net margin -0.9%) and EBITDA of ₹6.01 Cr (EBITDA margin 2.4%) for FY 2023, as per its filed financial statements.
No. La Tim Sourcing (India) has 9 GST registrations on record and all of them are cancelled or inactive.
La Tim Sourcing (India) operated in the manufacturing industry, in the construction materials segment.