Lakshman Ganesan Processing Private Limited
About Lakshman Ganesan Processing Private Limited
Data last updated:
Lakshman Ganesan Processing Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 12 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U17121TZ2005PTC012049. Its GSTIN is 33AABCL1254H1ZX (Tamil Nadu).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹24 Lakh. It is led by directors Ravichandran Venkatachalam Ganesan (Managing Director) and Vasantharani Ravichandran.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 693 / 1 Adharapuram Road Tirupur, Coimbatore, Tamil Nadu, India – 641604.
As per the financials filed for FY 2020, the company reported a revenue of ₹7 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹13.24 Lakh (net margin 1.9%) and EBITDA of ₹1.1 Cr (EBITDA margin 15.7%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹31.24 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Lakshman Ganesan Processing Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address693 / 1 Adharapuram Road Tirupur, Coimbatore, Tamil Nadu, India – 641604
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Lakshman Ganesan Processing 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 Lakshman Ganesan Processing is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of Lakshman Ganesan Processing Private Limited, buy the company report.
Financials of Lakshman Ganesan Processing Private Limited
FY 2021 filings availableLakshman Ganesan Processing Private Limited reported revenue of ₹7 Cr (up 320% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 320% growth in the latest year. EBITDA rose 25% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Revenue | ₹7 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.1 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.24 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 15.7% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Lakshman Ganesan Processing Private Limited, buy the company report.
Board of directors of Lakshman Ganesan Processing Private Limited
Lakshman Ganesan Processing has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasantharani Ravichandran | Additional Director | 22 Dec 2017 | 8 Years 10 Months | Current |
| Ravichandran Venkatachalam Ganesan | Managing Director | 24 Aug 2009 | 17 Years 2 Months | Current |
Shareholding
The shareholding of Lakshman Ganesan Processing Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lakshman Ganesan Processing Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Mar 2021 | 100442557 | City Union Bank Limited | ₹3.09 Cr | Open | |
| 04 Aug 2020 | 100368178 | City Union Bank Limited | ₹1.39 Cr | Open | |
| 02 Apr 2020 | 100334414 | City Union Bank Limited | ₹1.6 Cr | Open | |
| 29 Mar 2020 | 100334192 | City Union Bank Limited | ₹65 Lakh | Open | |
| 16 Mar 2020 | 100334416 | City Union Bank Limited | ₹60 Lakh | Open |
To see the full charge records of Lakshman Ganesan Processing Private Limited, buy the company report.
Total charge records: 15 View all charges
Legal cases
Lakshman Ganesan Processing Private Limited has 8 court cases on record: 6 filed by Lakshman Ganesan Processing, 2 filed against it. 1 case is pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 1 | 0 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, Coimbatore, Tamil Nadu | Petition | Filed by the company against The Deputy Director, Employees State Insurance Corporation and 1 other | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal case | Filed by the company against an individual | Disposed |
| District court, Tiruppur, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
| District court, Erode, Tamil Nadu | Execution petition | Filed against the company by Creative Texchem India Pvt. Ltd., by Its. Ashok M. | Disposed |
To see the full case history of Lakshman Ganesan Processing 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 Lakshman Ganesan Processing Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lakshman Ganesan Processing Private Limited has 1 active EPFO establishment as of Apr 09, 2024.
GST
Lakshman Ganesan Processing has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCL1254H1ZX | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lakshman Ganesan Processing Private Limited, buy the company report.
Recent activity
Lakshman Ganesan Processing Private Limited has 10 board changes on record since 2005: 6 appointments and 4 cessations. The latest: Harisaran Tirupur Ravichandran ceased to be Director on 22 Dec 2017.
21 earlier events are in the company report.
Frequently asked questions
Lakshman Ganesan Processing is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 12 August 2005 (21+ years old) and is registered under CIN U17121TZ2005PTC012049.
Lakshman Ganesan Processing has 2 current directors:
- Ravichandran Venkatachalam Ganesan - Managing Director
- Vasantharani Ravichandran - Additional Director
The latest financial statements of Lakshman Ganesan Processing on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Lakshman Ganesan Processing is 33AABCL1254H1ZX, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Lakshman Ganesan Processing is U17121TZ2005PTC012049. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshman Ganesan Processing has 8 court cases on record: 6 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Lakshman Ganesan Processing was incorporated on 12 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Coimbatore.
Harisaran Tirupur Ravichandran ceased to be Director on 22 Dec 2017. Vasantharani Ravichandran was appointed as Additional Director on 22 Dec 2017. Paramasivamchettiar Muruganantham ceased to be Additional Director on 18 Jun 2014. Lakshman Ganesan Processing has 10 board changes on record in total.
The registered office of Lakshman Ganesan Processing is at 693 1 Adharapuram Road Tirupur, Coimbatore, Tamil Nadu, India – 641604.
Lakshman Ganesan Processing operates in the home and lifestyle industry, in the textile retail and distribution segment.