- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0018687

About Lagan Engineering Company Limited
Data last updated:
Lagan Engineering Company Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 01 August 1955 and has been in existence for over 71 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U28920WB1955PLC022512. Its GSTIN is 19AAACT9986F1ZP (West Bengal).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.31 Cr. It was formerly known as Lagan Jute Machinery Co Ltd and The Lagan Jute Machinery Company Limited. It is led by directors including Shubham Agarwalla (Whole-Time Director) and Bhudipta Saha.
Its last annual general meeting (AGM) was held on 07 September 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 14 Dr Mohd Ishaque Rdformerly Keyd St, Kolkata, West Bengal, India – 700016.
As per the financials filed for FY 2026, the company reported a revenue of ₹18.22 Cr, a growth of 111% compared to the previous year. For the same year it recorded a net loss of ₹1.29 Cr (net margin -7.1%) and EBITDA of -₹53.41 Lakh (EBITDA margin -2.9%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 13% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹42.16 Cr on record. Court records list 39 cases involving the company, including 28 filed by the company and 12 filed against it; 5 cases are pending.
Lagan Engineering Company Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0018687). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lagan.co.in.
Company details
Name history
Lagan Engineering Company has undergone 2 name changes throughout its history. The company was previously known as Lagan Jute Machinery Co Ltd, and The Lagan Jute Machinery Company Limited. The current legal name is Lagan Engineering Company Limited.
| Company Name | Status |
|---|---|
| Lagan Engineering Company Limited | Current |
| Lagan Jute Machinery Co Ltd | Previous |
| The Lagan Jute Machinery Company Limited | Previous |
CIN history
Lagan Engineering Company has one previous CIN (Corporate Identification Number): U28920WB1955PTC022512. The current CIN is U28920WB1955PLC022512, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28920WB1955PLC022512 | Current |
| U28920WB1955PTC022512 | Previous |
Recognitions & Rankings of Lagan Engineering Company
Contact details
Lagan Engineering Company Limited's registered office is in Kolkata, West Bengal. Its website is lagan.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address14 Dr Mohd Ishaque Rdformerly Keyd St, Kolkata, West Bengal, India – 700016
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Lagan Engineering Company 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 Lagan Engineering Company is manufacturing. In detail, this covers manufacture of machinery and equipment n.e.c..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 28 | Manufacture of machinery and equipment n.e.c. |
To see the full business activity and turnover split of Lagan Engineering Company Limited, buy the company report.
Financials of Lagan Engineering Company Limited
FY 2026 filings availableLagan Engineering Company Limited reported revenue of ₹18.22 Cr (up 111% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 111% growth in the latest year. EBITDA rose 90% 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 | ₹18.22 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹53.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.29 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
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| Fixed Assets | |||||
| Investments | |||||
| 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 | -2.9% | ||||
| Net Profit Margin | -7.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Lagan Engineering Company Limited, buy the company report.
Board of directors of Lagan Engineering Company Limited
Lagan Engineering Company has 3 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhudipta Saha Also directs: Indian Jute Machinery Research & Development | Director | 09 Sep 2019 | 7 Years 2 Months | Current |
| Prakash Kumar Bhotica | Director | 27 Aug 2021 | 5 Years 2 Months | Current |
| Shubham Agarwalla Also directs: Indian Jute Machinery Research & Development, Savoy Enterprises Ltd, Sundaram Niwas Private Limited and 1 more | Whole-Time Director | 21 Feb 2023 | 3 Years 8 Months | Current |
Auditor
Lagan Engineering Company Limited is audited by VIDYA & CO. for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VIDYA & CO. | FY 2026 | 308022E |
Shareholding
The shareholding of Lagan Engineering Company 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 Lagan Engineering Company Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 1997 | 90250223 | State Bank of India | ₹21.08 Cr | Satisfied | |
| 22 Aug 1990 | 90249140 | State Bank of India | ₹21.08 Cr | Satisfied |
To see the full charge records of Lagan Engineering Company Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Lagan Engineering Company Limited has 39 court cases on record: 28 filed by Lagan Engineering Company, 12 filed against it. 5 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 28 | 8 | 1 |
| District courts | 6 | 2 | 4 |
| Supreme Court | 3 | 1 | 0 |
| NCLT | 2 | 1 | 0 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Company petition | Filed against the company by The Braithwaite Burn and Jessop Construction Company Limited and 1 other | Disposed |
| NCLT, Kolkata | Company petition | Filed by the company against Lagan Engineering Company Limited | Disposed |
| District court, Hooghly, West Bengal | Civil suit | Filed by the company against M/S. Angus Co.Ltd | Disposed |
| High Court | Company petition | Filed by the company against Precision Staves Pvt. Ltd | Disposed |
| High Court | Civil suit | Filed against the company by Kamarhatty Co. Ltd. | Disposed |
To see the full case history of Lagan Engineering Company 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.
Credit ratings & regulatory alerts
Lagan Engineering Company Limited was last rated by Crisil on 14 Feb 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 14 Feb 2020 |
To see the full credit ratings and regulatory alerts of Lagan Engineering Company Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lagan Engineering Company Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Lagan Engineering Company has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Indian Jute Machinery Research & Development | U29220WB2008PTC129736 |
To see the full group structure of Lagan Engineering Company Limited, buy the company report.
GST
Lagan Engineering Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAACT9986F1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lagan Engineering Company Limited, buy the company report.
Recent activity
Lagan Engineering Company Limited has 51 board changes on record since 1993: 27 appointments and 24 cessations. The latest: Subhabrata Roy ceased to be Director on 28 Feb 2023.
48 earlier events are in the company report.
Frequently asked questions
Lagan Engineering Company is an active public 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 01 August 1955 (71+ years old) and is registered under CIN U28920WB1955PLC022512.
Lagan Engineering Company has 3 current directors:
- Shubham Agarwalla - Whole-Time Director
- Bhudipta Saha - Director
- Prakash Kumar Bhotica - Director
The latest financial statements of Lagan Engineering Company on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 07 September 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Lagan Engineering Company is 19AAACT9986F1ZP, registered in West Bengal.
The CIN (Corporate Identification Number) of Lagan Engineering Company is U28920WB1955PLC022512. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lagan Engineering Company has 39 court cases on record: 28 filed by the company and 12 filed against it. 5 are pending. Most are in the high courts.
Lagan Engineering Company was incorporated on 01 August 1955, making it 71+ years old. It is registered with the Registrar of Companies, Kolkata.
Subhabrata Roy ceased to be Director on 28 Feb 2023. Shubham Agarwalla was appointed as Whole-Time Director on 21 Feb 2023. Ajay Kumar Kajaria ceased to be Director on 25 Mar 2022. Lagan Engineering Company has 51 board changes on record in total.
Yes, Lagan Engineering Company is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0018687).
Lagan Engineering Company can be reached through the website lagan.co.in. Its registered office is in Kolkata, West Bengal, India.

