MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0071961
Lakshya Tech India Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹44.26 Cr
▼ 4% YoY
Net profit · FY 2024
₹49.56 Lakh
Net margin 1.1%
EBITDA · FY 2024
₹1.93 Cr
EBITDA margin 4.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Cr
Issued & subscribed
Open charges
₹8.91 Cr
Secured borrowings
Company age
15 yrs
Est. 2011
Directors on board
3
As per MCA filings
About Lakshya Tech India Private Limited
Data last updated:
Lakshya Tech India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 06 September 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA2011PTC060267. Its GSTIN is 29AACCL1086E1ZL (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors including Vetrivelan Subramanian and Dhavapriya Vetrivelan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.26 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹49.56 Lakh (net margin 1.1%) and EBITDA of ₹1.93 Cr (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 9% over five years.
The company is associated with 1 brand: Lakshya Tech India Pvt Ltd. As per MCA filings, the company has open charges of ₹8.91 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.
Lakshya Tech India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0071961). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lakshyatech.co.in.
Company details
CIN U51909KA2011PTC060267
Registration Number 060267
Incorporation Date 06 September 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0071961
Key People
Vetrivelan Subramanian Director Dhavapriya Vetrivelan Director Ravindra Ramchandra Dhegaskar Director Recognitions & Rankings of Lakshya Tech India
Contact details
Lakshya Tech India Private Limited's registered office is in Bangalore, Karnataka. Its website is lakshyatech.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.39/304 Chikka Thogur Village (Near Johky Factory) Begur Hobli Banga, Lore South, Bangalore, Karnataka, India – 560068
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Lakshya Tech India Private Limited, buy the company report.
Comprehensive company report
Lakshya Tech India Private Limited - one report that includes everything
- 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
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Brands
Lakshya Tech India operates one associated brand: Lakshya Tech India Pvt Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Supply of cutting tools, lubricants, and machining services in India. | lakshyatech.co.in |
Business activity
The main business activity of Lakshya Tech India is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lakshya Tech India Private Limited, buy the company report.
Financials of Lakshya Tech India Private Limited
FY 2025 filings availableLakshya Tech India Private Limited reported revenue of ₹44.26 Cr (down 4% YoY) for FY 2024.
Revenue · FY 2024
₹44.26 Cr ▼ 4%
Net profit · FY 2024
₹49.56 Lakh margin 1.1%
EBITDA · FY 2024
₹1.93 Cr margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 12%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▼ 17%
3 years · compounded
▼ 13%
5 years · compounded
▲ 5%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA fell 17% 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 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 | ₹1.93 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹49.56 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 | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lakshya Tech India Private Limited, buy the company report.
Board of directors of Lakshya Tech India Private Limited
Lakshya Tech India has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vetrivelan Subramanian | Director | 01 Jan 2013 | 13 Years 10 Months | Current |
| Dhavapriya Vetrivelan Also directs: Rapid Consulting Services LLP | Director | 06 Sep 2011 | 15 Years 2 Months | Current |
| Ravindra Ramchandra Dhegaskar Also directs: Bella Vista Hospitality and Services Private Limited | Director | 06 Sep 2011 | 15 Years 2 Months | Current |
Peer comparison
Lakshya Tech India Private Limited is compared with the 5 companies closest to it by revenue in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Efficient Distributors Private Limited | ₹46.91 Cr (FY 2024) | 24.0% | Kanpur, Uttar Pradesh, India | |||
| Mog Technologies Private Limited | ₹46.88 Cr (FY 2025) | 0.0% | Ahmedabad, Gujarat, India | |||
| Uniphos International Limited | ₹44.46 Cr (FY 2023) | -30.0% | Pardi, Gujarat, India | |||
| Lakshya Tech India Private Limitedthis company | ₹44.26 Cr (FY 2024) | ₹49.56 Lakh | 1.1% | -4.0% | Bangalore, Karnataka, India | |
| Kamal Bearings Private Limited | ₹43.99 Cr (FY 2025) | -18.0% | Delhi, India | |||
| Climb-Up Infra Private Limited | ₹43.23 Cr (FY 2022) | 2649.0% | Umarkhed, Maharashtra, India |
To see the full peer comparison of Lakshya Tech India Private Limited, buy the company report.
Auditor
Lakshya Tech India Private Limited is audited by Sreenivasan and Govardhan Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sreenivasan and Govardhan Chartered Accountants | FY 2023 | 007168S |
Shareholding
The shareholding of Lakshya Tech India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lakshya Tech India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹8.91 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2023 | 100835960 | Yes Bank Limited | ₹1.69 Cr | Open | |
| 05 Mar 2022 | 100562525 | State Bank of India | ₹36 Lakh | Open | |
| 09 Nov 2021 | 100538296 | State Bank of India | ₹7.47 Lakh | Open | |
| 05 Feb 2014 | 10501640 | State Bank of India | ₹6.78 Cr | Open |
To see the full charge records of Lakshya Tech India Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Lakshya Tech India Private Limited has 5 court cases on record: 3 filed by Lakshya Tech India, 2 filed against it. All cases are disposed.
Total cases
5
Filed by the company
3
Filed against the company
2
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by Y.G Cutting Tools Corporation Pvt Ltd | Disposed |
| District court, BENGALURU RURAL, Karnataka | Criminal complaint | Filed against the company by Y.G.Cutting Tools Corporation Pvt Ltd | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Hereikon Technologies and Others | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against M/S Hereikon Technologies and Others | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
To see the full case history of Lakshya Tech India 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 Lakshya Tech India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lakshya Tech India has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCL1086E1ZL | Karnataka | Active | 01 Jul 2017 |
| 33AACCL1086E2ZV | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lakshya Tech India Private Limited, buy the company report.
Recent activity
Lakshya Tech India Private Limited has 3 board changes on record since 2011: 3 appointments. The latest: Vetrivelan Subramanian was appointed as Director on 01 Jan 2013.
AGM
Lakshya Tech India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lakshya Tech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with State Bank Of India of Rs. 6.78 Cr registered on 05 Feb 2014 with Charge ID 10501640 was modified on 07 Sep 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 1.69 Cr with Charge ID 100835960 was registered on 31 Jul 2023.
Charges
A charge with State Bank Of India amounted to Rs. 0.36 Cr with Charge ID 100562525 was registered on 05 Mar 2022.
Charges
A charge with State Bank Of India amounted to Rs. 0.07 Cr with Charge ID 100538296 was registered on 09 Nov 2021.
Charges
A charge with State Bank Of India amounted to Rs. 6.78 Cr with Charge ID 10501640 was registered on 05 Feb 2014.
Appointed
Vetrivelan Subramanian was appointed as Director.
Appointed
Dhavapriya Vetrivelan was appointed as Director.
Appointed
Ravindra Ramchandra Dhegaskar was appointed as Director.
Incorporation
06 Sep 2011
Lakshya Tech India Private Limited was registered on 06 Sep 2011 with Roc Bangalore & aged 15 years 2 months as per MCA records.
Frequently asked questions
Lakshya Tech India is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 06 September 2011 (15+ years old) and is registered under CIN U51909KA2011PTC060267.
Lakshya Tech India has 3 current directors:
- Vetrivelan Subramanian - Director
- Dhavapriya Vetrivelan - Director
- Ravindra Ramchandra Dhegaskar - Director
The latest financial statements of Lakshya Tech India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Lakshya Tech India is 29AACCL1086E1ZL, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AACCL1086E2ZV (Tamil Nadu).
The CIN (Corporate Identification Number) of Lakshya Tech India is U51909KA2011PTC060267. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lakshya Tech India has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the district courts.
Lakshya Tech India was incorporated on 06 September 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Lakshya Tech India by revenue are Efficient Distributors Private Limited, Mog Technologies Private Limited, Uniphos International Limited, Kamal Bearings Private Limited, Climb-Up Infra Private Limited, all in the Engineering industry (Components Retail and Distribution), with the same principal business activity (wholesale trading).
Vetrivelan Subramanian was appointed as Director on 01 Jan 2013. Dhavapriya Vetrivelan was appointed as Director on 06 Sep 2011. Ravindra Ramchandra Dhegaskar was appointed as Director on 06 Sep 2011.
Yes, Lakshya Tech India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0071961).
Lakshya Tech India can be reached through the website lakshyatech.co.in. Its registered office is in Bangalore, Karnataka, India.
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