About Lacgene Technologies Private Limited
Data last updated:
Lacgene Technologies Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 25 June 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2010PTC061306. Its GSTIN is 24AABCL8347F1ZK (Gujarat). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Lalajibhai Balar and Chetan Ranchhodbhai Balar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹90.6 Lakh, a decline of 63% compared to the previous year. For the same year it recorded a net profit of ₹3.24 Lakh (net margin 3.6%) and EBITDA of ₹15.93 Lakh (EBITDA margin 17.6%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 28% over five years.
The company is associated with 1 brand: Lacgene Technologies. As per MCA filings, the company has open charges of ₹97 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lacgene.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressGround Floor & First Floor Baghban, Near Orion Ceremonial Laws, Ahmedabad, Gujarat, India – 380054
- IndustryAgriculture, Agro Retail & Distribution
- 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 Lacgene Technologies Private Limited
The main business activity of Lacgene Technologies is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Lacgene Technologies Private Limited FY 2025 filings available
Lacgene Technologies Private Limited reported revenue of ₹90.6 Lakh (down 63% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Lacgene Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 28% over five years, including a 63% fall in the latest year. EBITDA rose 24% 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 Lacgene Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹3.24 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Lacgene Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Lacgene Technologies 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.
Peer Comparison of Lacgene Technologies Private Limited
Lacgene Technologies Private Limited is compared with the companies closest to it by revenue in the Agriculture industry (Agro Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chinchala Agro Producer Company Limited | ₹90.62 Lakh (FY 2025) | •••• | •••• | 394.0% | •••• | Beed, Maharashtra, India |
| Parijat Crop Protection (India) Private Limited | ₹90.61 Lakh (FY 2025) | •••• | •••• | -3.0% | •••• | New Delhi, Delhi, India |
| Rishitaditya Exim Private Limited | ₹90.61 Lakh (FY 2025) | •••• | •••• | -52.0% | •••• | Siliguri, West Bengal, India |
| Khandualraja Mahila Farmers Producer Company Limited | ₹90.6 Lakh (FY 2025) | •••• | •••• | -7.0% | •••• | Kalampur, Odisha, India |
| Azamgarh Agro Producer Company Limited | ₹90.6 Lakh (FY 2024) | •••• | •••• | 59.0% | •••• | Azamgarh, Uttar Pradesh, India |
| Lacgene Technologies Private Limited this company | ₹90.6 Lakh (FY 2024) | •••• | •••• | -63.0% | •••• | Ahmedabad, Gujarat, India |
| Griva Exim Private Limited | ₹90.59 Lakh (FY 2021) | •••• | •••• | 197.0% | •••• | Surat, Gujarat, India |
| Gmac Exim Private Limited | ₹90.59 Lakh (FY 2025) | •••• | •••• | 225.0% | •••• | Bhavnagar, Gujarat, India |
| Dalmadal Farmer Producer Company Limited | ₹90.57 Lakh (FY 2025) | •••• | •••• | 6.0% | •••• | Bankura, West Bengal, India |
| Takle Exim Private Limited | ₹90.49 Lakh (FY 2024) | •••• | •••• | •••• | Nashik, Maharashtra, India | |
| Ghirai Farmer Producer Company Limited | ₹90.47 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Hisar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Lacgene Technologies by revenue in the Agriculture industry (Agro Retail and Distribution), 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 Lacgene Technologies Private Limited
Lacgene Technologies Private Limited is audited by N C RUPAWALA & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| N C RUPAWALA & CO | 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.
Board of Directors of Lacgene Technologies Private Limited
Lacgene Technologies 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 |
|---|---|---|---|---|
| Lalajibhai Balar Also directs: Tarj International Private Limited, Jaskan Nanotechnologies Private Limited, Finogration Fintech Private Limited and 1 more | Director | 25 Jun 2010 | 16 Years 3 Months | Current |
| Chetan Ranchhodbhai Balar Also directs: Krish Gene Agro Private Limited, Health Well Labs Private Limited, Tarj International Private Limited and 2 more | Director | 25 Jun 2010 | 16 Years 3 Months | Current |
Ownership and Shareholding of Lacgene Technologies 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 Lacgene Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Oct 2013 | Union Bank of India | ₹62 Lakh | Open |
| 20 Aug 2012 | Union Bank of India | ₹35 Lakh | Open |
Total charge records: 2 View all charges
Associated Brands with Lacgene Technologies Private Limited
Lacgene Technologies operates one associated brand: Lacgene Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Agricultural R&D, patented products, and sustainable farming support in India. | lacgene.com |
Employees and EPFO Compliance at Lacgene Technologies Private Limited
Employment history and EPFO contributions of people linked to Lacgene Technologies.
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 Lacgene Technologies Private Limited
Lacgene Technologies Private Limited has 8 board changes on record since 2010: 5 appointments and 3 cessations. The latest: Harsh Mukeshbhai Desai ceased to be Director on 14 Feb 2022.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lacgene Technologies 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.
MSME Payment Delays by Lacgene Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Lacgene Technologies 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 Lacgene Technologies Private Limited
Lacgene Technologies has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCL8347F1ZK | Gujarat | Active | 01 Jul 2017 |
| 20AABCL8347F1ZS | Jharkhand | Active | 01 Feb 2019 |
| 05AABCL8347F1ZK | Uttarakhand | Active | 25 Apr 2020 |
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 Lacgene Technologies 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 Lacgene Technologies Private Limited
Lacgene Technologies is an active private limited company based in Ahmedabad, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 25 June 2010 (16+ years old) and is registered under CIN U24100GJ2010PTC061306.
Lacgene Technologies reported revenue of ₹90.6 Lakh for FY 2024 (down 63% YoY).
Lacgene Technologies has 2 current directors:
- Lalajibhai Balar - Director
- Chetan Ranchhodbhai Balar - Director
Lacgene Technologies reported a net profit of ₹3.24 Lakh (net margin 3.6%) and EBITDA of ₹15.93 Lakh (EBITDA margin 17.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lacgene Technologies is -12% over three years and -28% over five years. In the latest year (FY 2024) revenue fell 63%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lacgene Technologies is 24AABCL8347F1ZK, registered in Gujarat. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 20AABCL8347F1ZS (Jharkhand), 05AABCL8347F1ZK (Uttarakhand).
The CIN (Corporate Identification Number) of Lacgene Technologies is U24100GJ2010PTC061306. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lacgene Technologies was incorporated on 25 June 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lacgene Technologies by revenue are Chinchala Agro Producer Company Limited, Parijat Crop Protection (India) Private Limited, Rishitaditya Exim Private Limited, Khandualraja Mahila Farmers Producer Company Limited, Azamgarh Agro Producer Company Limited and 5 more, all in the Agriculture industry (Agro Retail and Distribution).
Harsh Mukeshbhai Desai ceased to be Director on 14 Feb 2022. Deepakkumar Ramanlal Thakkar ceased to be Director on 12 Jun 2021. Harsh Mukeshbhai Desai was appointed as Director on 12 Jun 2021. Lacgene Technologies has 8 board changes on record in total.
Yes, Lacgene Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).