About Lancer Laser Tech Limited
Data last updated:
Lancer Laser Tech Limited is a public limited company based in Rajpur, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 20 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28930GJ1999PLC036446. Its GSTIN is 24AAACL5061F1ZW (Gujarat). The company holds 5 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.99 Cr. It was formerly known as Lancer Laser Tech Private Limited. It is led by directors including Harshadbhai Narsihbhai Patel and Hitesh Dahyabhai Patel.
Its last annual general meeting (AGM) was held on 09 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Survey No:1434P/2 Chhatral – Mehsana Nationalhighway Opp. Sandek Laminations Vill: Rajpur T, Al – Kadi, Gujarat, India – 382740.
As per the financials filed for FY 2025, the company reported a revenue of ₹127.12 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹4.89 Cr (net margin 3.8%) and EBITDA of ₹12.43 Cr (EBITDA margin 9.8%). Revenue has grown at a compounded annual rate (CAGR) of 32% over three years and 16% over five years.
The company has about 156 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹89.92 Cr and satisfied charges of ₹80.16 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending. The company has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.04 Cr; the latest was in March 2024. Its 10 peer companies in the Engineering industry (Foundry and Fabrication) are compared by revenue, 5 larger and 5 smaller; the largest is KBK Chem-Engineering Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lancerlaser.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No:1434P/2 Chhatral – Mehsana Nationalhighway Opp. Sandek Laminations Vill: Rajpur T, Al – Kadi, Gujarat, India – 382740
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Lancer Laser Tech Limited
The main business activity of Lancer Laser Tech is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal 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 Lancer Laser Tech Limited FY 2024 filings available
Lancer Laser Tech Limited reported revenue of ₹127.12 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Lancer Laser Tech Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 6% growth in the latest year. EBITDA rose 12% 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 Lancer Laser Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹12.43 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.89 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 | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Lancer Laser Tech Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 Lancer Laser Tech 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 Lancer Laser Tech Limited
Lancer Laser Tech Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KBK Chem-Engineering Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Param Shakti Dhatu Udyog Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
| SG Heavy Engineering Limited | •••• | •••• | •••• | •••• | 43 | Mumbai, Maharashtra, India |
| Modison Copper Private Limited | •••• | •••• | •••• | •••• | 268 | Mumbai, Maharashtra, India |
| NST Laser Techno Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Lancer Laser Tech Limited this company | •••• | •••• | •••• | •••• | - | Rajpur, Gujarat, India |
| Gopal Kripa Trading Private Limited | •••• | •••• | •••• | •••• | - | Bhilai, Chattisgarh, India |
| Elliott Ebara Turbomachinery India Private Limited | •••• | •••• | •••• | •••• | 126 | Bengaluru, Karnataka, India |
| Narmada Switchgear Private Limited | •••• | •••• | •••• | •••• | 96 | Bhopal, Madhya Pradesh, India |
| Mahws Oilfield Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Balaji Aluminium Extrusions Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below Lancer Laser Tech by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Lancer Laser Tech Limited
Lancer Laser Tech Limited is audited by B J TRIVEDI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B J TRIVEDI & ASSOCIATES | 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 Lancer Laser Tech Limited
Lancer Laser Tech has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshadbhai Narsihbhai Patel Also directs: Geometry Metal Tech Private Limited | Director | 03 Feb 2012 | 14 Years 8 Months | Current |
| Hitesh Dahyabhai Patel Also directs: Urvashi Surgicare Private Limited | Director | 25 Mar 2017 | 9 Years 6 Months | Current |
| Dahyabhai Bechardas Patel | Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Narsinhbhai Patel | Director | 01 Jun 2012 | 14 Years 4 Months | Current |
| Dhiraj Patel | Director | 28 Aug 1999 | 27 Years 1 Months | Current |
Ownership and Shareholding of Lancer Laser Tech 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 Lancer Laser Tech Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Jul 2025 | Axis Bank Limited | ₹17.5 Lakh | Open |
| 27 Mar 2024 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 25 May 2018 | Axis Bank Limited | ₹44.77 Cr | Open |
| 19 Mar 2018 | Axis Bank Limited | ₹44.77 Cr | Open |
| 25 Mar 2016 | Dena Bank | ₹1.15 Cr | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Lancer Laser Tech Limited
Lancer Laser Tech Limited has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.04 Cr; the latest was in March 2024.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Dahyabhai Becharbhai Patel Huf, 2 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 3 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Jun 2010 | Funding round | ₹3.44 Cr | Investors: Nitinbhai Mangaldos Patel Huf, Dahyabhai Becharbhai Patel Huf, 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: Dahyabhai Becharbhai Patel Huf, Geometry Metal Tech Private Limited , Narshibhai B Patel Huf, an individual Seller: 4 individuals |
Full deal history
All 11 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 Lancer Laser Tech Limited
Lancer Laser Tech Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 4 | 4 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| NCLAT, New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
Full case history
All 5 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.
Employees and EPFO Compliance at Lancer Laser Tech Limited
Lancer Laser Tech Limited has a workforce of 156 employees as of Apr 05, 2024.
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.
Group Structure of Lancer Laser Tech Limited
Lancer Laser Tech has 1 subsidiary company and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Apnova Infratek Private Limited | U29300GJ2019PTC107334 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Lancer Laser Tech Limited
Lancer Laser Tech has one previous CIN (Corporate Identification Number): U28930GJ1999PTC036446. The current CIN is U28930GJ1999PLC036446, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28930GJ1999PLC036446 | Current |
| U28930GJ1999PTC036446 | Previous |
Recent Activity on Lancer Laser Tech Limited
Lancer Laser Tech Limited has 7 board changes on record since 1999: 5 appointments and 2 cessations. The latest: Hitesh Dahyabhai Patel was appointed as Director on 25 Mar 2017.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lancer Laser Tech 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 Lancer Laser Tech 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 Lancer Laser Tech 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 Lancer Laser Tech Limited
Lancer Laser Tech has 5 GST registrations: 1 active and 4 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL5061F1ZW | Gujarat | Active | 01 Jul 2017 |
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 Lancer Laser Tech 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 Lancer Laser Tech Limited
Lancer Laser Tech is an active public limited company based in Rajpur, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 20 August 1999 (27+ years old) and is registered under CIN U28930GJ1999PLC036446.
Lancer Laser Tech reported revenue of ₹127.12 Cr for FY 2025 (up 6% YoY).
Lancer Laser Tech has 5 current directors:
- Harshadbhai Narsihbhai Patel - Director
- Hitesh Dahyabhai Patel - Director
- Dahyabhai Bechardas Patel - Director
- Narsinhbhai Patel - Director
- Dhiraj Patel - Director
Lancer Laser Tech reported a net profit of ₹4.89 Cr (net margin 3.8%) and EBITDA of ₹12.43 Cr (EBITDA margin 9.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lancer Laser Tech is 32% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lancer Laser Tech is 24AAACL5061F1ZW, registered in Gujarat. The company has 5 GST registrations in all, of which 1 is active and 4 are cancelled or inactive.
The CIN (Corporate Identification Number) of Lancer Laser Tech is U28930GJ1999PLC036446. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lancer Laser Tech has 5 court cases on record: 5 filed against it. 2 are pending. Most are in the nclat.
Lancer Laser Tech was incorporated on 20 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Lancer Laser Tech has 11 deals on record (9 secondary share transfers, 2 funding rounds), with disclosed funding of ₹4.04 Cr; the latest was in March 2024.
The peers of Lancer Laser Tech by revenue are KBK Chem-Engineering Private Limited, Param Shakti Dhatu Udyog Private Limited, SG Heavy Engineering Limited, Modison Copper Private Limited, NST Laser Techno Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).