About Laxmi Hydraulics Pvt Ltd
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Laxmi Hydraulics Pvt Ltd is a private limited company based in Solapur, Maharashtra, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 September 1980 and has been in existence for over 46 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U25191PN1980PTC023180. Its GSTIN is 27AAACL4596M1ZX (Maharashtra). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.34 Cr. It is led by directors including Sharad Krishna Thakre (Managing Director) and Manali Sharad Thakre.
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 B – 11 M.I.D.C. Chincholi Tal. Mohol, Solapur, Maharashtra, India – 413255.
As per the financials filed for FY 2025, the company reported a revenue of ₹420.62 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹22.85 Cr (net margin 5.4%) and EBITDA of ₹38.54 Cr (EBITDA margin 9.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 18% over five years.
The company has about 962 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: LHP Motors. As per MCA filings, the company has open charges of ₹23 Cr and satisfied charges of ₹17.79 Cr on record. Court records list 114 cases involving the company, including 93 filed by the company and 21 filed against it; 42 cases are pending. The company has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹75.1 Lakh; the latest was in March 2023. Its 3 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment) are compared by revenue, 2 larger and 1 smaller; the largest is Howden Air and Gas India Private Limited with revenue of ₹435.24 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2024, listing 118 overdue payments to 30 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lhpmotor.com.
Company details
CIN history
Laxmi Hydraulics has one previous CIN (Corporate Identification Number): U25191MH1980PTC023180. The current CIN is U25191PN1980PTC023180, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U25191PN1980PTC023180 | Current |
| U25191MH1980PTC023180 | Previous |
Contact details
Laxmi Hydraulics Pvt Ltd's registered office is in Solapur, Maharashtra. Its website is lhpmotor.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 11 M.I.D.C. Chincholi Tal. Mohol, Solapur, Maharashtra, India – 413255
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Laxmi Hydraulics Pvt Ltd, 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
Brands
Laxmi Hydraulics operates one associated brand: LHP Motors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures energy-efficient electric motors and gears for global industrial sectors. | lhpmotor.com |
Business activity
The main business activity of Laxmi Hydraulics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Laxmi Hydraulics Pvt Ltd, buy the company report.
Financials of Laxmi Hydraulics Pvt Ltd
FY 2025 filings availableLaxmi Hydraulics Pvt Ltd reported revenue of ₹420.62 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 10% growth in the latest year. EBITDA fell 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹38.54 Cr | ||||
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| Net Profit (PAT) | ₹22.85 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.2% | ||||
| Net Profit Margin | 5.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Laxmi Hydraulics Pvt Ltd, buy the company report.
Board of directors of Laxmi Hydraulics Pvt Ltd
Laxmi Hydraulics has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manali Sharad Thakre Also directs: Ivg Consultants Private Limited | Director | 15 Sep 2011 | 15 Years 1 Months | Current |
| Supriya Aditya Thakre | Director | 23 Mar 2018 | 8 Years 7 Months | Current |
| Anil Kalgonda Patil Also directs: Laxmi Oil Pumps and Systems Private Limited | Director | 23 Sep 1980 | 46 Years 1 Months | Current |
| Aditya Sharad Thakre Also directs: Laxmi Irrigation Pumps Pvt Ltd, Ivg Consultants Private Limited | Director | 02 Jan 2011 | 15 Years 10 Months | Current |
| Sharad Krishna Thakre Also directs: Laxmi Irrigation Pumps Pvt Ltd, Ivg Consultants Private Limited | Managing Director | 22 Oct 1984 | 42 Years 0 Months | Current |
Peer comparison
Laxmi Hydraulics Pvt Ltd is compared with the 3 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Howden Air and Gas India Private Limited | ₹435.24 Cr (FY 2025) | 4.0% | Kancheepuram D.T, Tamil Nadu, India | |||
| Ebm-Papst India Private Limited | ₹427.29 Cr (FY 2025) | 30.0% | Chennai, Tamil Nadu, India | |||
| Laxmi Hydraulics Pvt Ltdthis company | ₹420.62 Cr (FY 2025) | ₹22.85 Cr | 5.4% | 10.0% | 962 | Solapur, Maharashtra, India |
| BMR Hvac Limited | ₹410.21 Cr (FY 2025) | 31.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of Laxmi Hydraulics Pvt Ltd, buy the company report.
Auditor
Laxmi Hydraulics Pvt Ltd is audited by DILIP S SAPATNEKAR for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DILIP S SAPATNEKAR | FY 2024 |
Shareholding
The shareholding of Laxmi Hydraulics Pvt Ltd is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Laxmi Hydraulics Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2019 | 100259569 | Hdfc Bank Limited | ₹23 Cr | Open | |
| 04 Apr 2022 | 100570607 | Hdfc Bank Limited | ₹1.55 Cr | Satisfied | |
| 27 Mar 2019 | 100254499 | Others | ₹4 Cr | Satisfied | |
| 17 Sep 2018 | 100207576 | Bank of India | ₹4.9 Cr | Satisfied | |
| 28 Nov 2014 | 10543304 | Ing Vysya Bank Limited | ₹90 Lakh | Satisfied |
To see the full charge records of Laxmi Hydraulics Pvt Ltd, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Laxmi Hydraulics Pvt Ltd has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹75.1 Lakh; the latest was in March 2023.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2023 | Secondary share transfer | Undisclosed | Seller: an individual |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of Laxmi Hydraulics Pvt Ltd, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Laxmi Hydraulics Pvt Ltd has 114 court cases on record: 93 filed by Laxmi Hydraulics, 21 filed against it. 42 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 98 | 7 | 38 |
| High courts | 16 | 14 | 4 |
Cases on record (5 of 114)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against T I Engineers Private Limited | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against Maya Fan Air Engineering Private Limited | Pending |
| District court, Solapur, Maharashtra | Court case (R.C.A.) | Filed against the company by Itl Industries Ltd Through Its Legally Authorized Person Manoj Chaturbhuj Maheshwari | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against Sun Up India Paper Board Machinery Pvt. Ltd. | Pending |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against Marathon Electric Motors India Ltd and 1 other | Pending |
To see the full case history of Laxmi Hydraulics Pvt Ltd, 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
Laxmi Hydraulics Pvt Ltd was last rated by Crisil on 26 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 May 2020 |
To see the full credit ratings and regulatory alerts of Laxmi Hydraulics Pvt Ltd, buy the company report.
MSME payment delays
Laxmi Hydraulics Pvt Ltd has 2 MSME Form 1 returns on record for the period ending Mar 2024, listing 118 overdue payments to 30 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 30)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Laxmi Hydraulics Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Laxmi Hydraulics Pvt Ltd has a workforce of 962 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Laxmi Hydraulics has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL4596M1ZX | Maharashtra | Active | 01 Jul 2017 |
| 07AAACL4596M1ZZ | Delhi | Active | 14 Apr 2018 |
To see the full GST registrations and return filing status of Laxmi Hydraulics Pvt Ltd, buy the company report.
Recent activity
Laxmi Hydraulics Pvt Ltd has 10 board changes on record since 1980: 5 appointments and 5 cessations. The latest: Annasaheb Kalgonda Patil ceased to be Director on 24 Jul 2021.
18 earlier events are in the company report.
Frequently asked questions
Laxmi Hydraulics is an active private limited company based in Solapur, Maharashtra, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 September 1980 (46+ years old) and is registered under CIN U25191PN1980PTC023180.
Laxmi Hydraulics has 5 current directors:
- Sharad Krishna Thakre - Managing Director
- Manali Sharad Thakre - Director
- Supriya Aditya Thakre - Director
- Anil Kalgonda Patil - Director
- Aditya Sharad Thakre - Director
The latest financial statements of Laxmi Hydraulics 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 Laxmi Hydraulics is 27AAACL4596M1ZX, registered in Maharashtra. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 07AAACL4596M1ZZ (Delhi).
The CIN (Corporate Identification Number) of Laxmi Hydraulics is U25191PN1980PTC023180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Laxmi Hydraulics has 114 court cases on record: 93 filed by the company and 21 filed against it. 42 are pending. Most are in the district courts.
Laxmi Hydraulics was incorporated on 23 September 1980, making it 46+ years old. It is registered with the Registrar of Companies, Pune.
Laxmi Hydraulics has 11 deals on record (10 secondary share transfers, 1 funding round), with disclosed funding of ₹75.1 Lakh; the latest was in March 2023.
The peers of Laxmi Hydraulics by revenue are Howden Air and Gas India Private Limited, Ebm-Papst India Private Limited, BMR Hvac Limited, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Annasaheb Kalgonda Patil ceased to be Director on 24 Jul 2021. Supriya Aditya Thakre ceased to be Additional Director on 27 Sep 2018. Supriya Aditya Thakre was appointed as Director on 23 Mar 2018. Laxmi Hydraulics has 10 board changes on record in total.
Laxmi Hydraulics has 2 MSME Form 1 returns on record for the period ending Mar 2024, listing 118 overdue payments to 30 micro and small suppliers. The latest return was filed on 01 May 2024.
Laxmi Hydraulics can be reached through the website lhpmotor.com. Its registered office is in Solapur, Maharashtra, India.
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