Laxmi Propylene Limited - plastics in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U25209TG1997PLC026484 Incorporated 21 February 1997 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Public Limited Company plastics
Data last updated
Revenue · FY 2015
₹2.66 Cr
▲ 18% YoY
Net loss · FY 2015
₹67.68 Lakh
Net margin -25.5%
EBITDA · FY 2015
-₹48.43 Lakh
EBITDA margin -18.2%
Authorised capital
₹45 Lakh
Registered with MCA
Paid-up capital
₹45 Lakh
Issued & subscribed
Open charges
₹1.5 Cr
Satisfied ₹1.57 Cr
Company age
29 yrs
Est. 1997
Directors on board
3
As per MCA filings

About Laxmi Propylene Limited

Data last updated:

Laxmi Propylene Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the non-metallic mineral products segment of the plastics and polymers sector. It was incorporated on 21 February 1997 and has been in existence for over 29 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U25209TG1997PLC026484. The company has 1 GST registration on record, which is no longer active.

The company has an authorised share capital of ₹45 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Buddana Panduranga Rao (Managing Director) and Venkata Lakshmi Buddana.

Its last annual general meeting (AGM) was held on 29 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at Hyderabad, Telangana.

As per the financials filed for FY 2015, the company reported a revenue of ₹2.66 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹67.68 Lakh (net margin -25.5%) and EBITDA of -₹48.43 Lakh (EBITDA margin -18.2%).

As per MCA filings, the company has open charges of ₹1.5 Cr and satisfied charges of ₹1.57 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.

The current compliance status is marked as active non-compliant by the Registrar of Companies.

Company Details of Laxmi Propylene Limited
CIN U25209TG1997PLC026484
Registration Number 026484
Incorporation Date 21 February 1997
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2015
Date of Balance Sheet 31 March 2015
Compliance Status Active Non-Compliant

CIN History of Laxmi Propylene Limited

Laxmi Propylene has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U25209TG1997PLC026484, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U25209TG1997PLC026484Current
U25209AP1997PLC026484Previous
U25209AP1997PTC026484Previous
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Flat No.506 Lazend Apartment Mothilal Nehrunagar Besside Model Dairy, Begumpet, Hyderabad, Telangana, India – 500016
  • Industry
    Plastics, Non-Metallic Mineral Products, Fabricated Metal Products, Rubber Products, Plastic Products
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Financials, compliance, directors, charges, ownership and filings for Laxmi Propylene Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Laxmi Propylene Limited

The main business activity of Laxmi Propylene is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal productsLocked
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Turnover share and past changes in activity are in the company report.

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Financials of Laxmi Propylene Limited FY 2015 filings available

Laxmi Propylene Limited reported revenue of ₹2.66 Cr (up 18% YoY) for FY 2015.

Revenue · FY 2015
₹2.66 Cr ▲ 18%
Net loss · FY 2015
₹67.68 Lakh margin -25.5%
EBITDA · FY 2015
-₹48.43 Lakh margin -18.2%

Compounded Annual Growth Rate (CAGR) of Laxmi Propylene Limited

Revenue CAGR growth
1 year
▲ 18%
EBITDA CAGR growth
1 year
▼ 291%

Revenue rose 18% in the latest year. EBITDA fell 291% in the latest year. All are worked out from the filed statements.

Financial Statement Summary of Laxmi Propylene Limited

MetricsFY 2014-15
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-₹48.43 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)-₹67.68 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 of Laxmi Propylene Limited

MetricsFY 2014-15
Profitability
EBITDA Margin-18.2%
Net Profit Margin-25.5%
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 Laxmi Propylene are in the company report.

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Financial statements from 2015

Earlier years and trend charts are in the company report.

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Board of Directors of Laxmi Propylene Limited

Laxmi Propylene has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Venkata Lakshmi BuddanaDirector22 Feb 200719 Years 7 MonthsCurrent
Lalitha BuddanaDirector22 Feb 200719 Years 7 MonthsCurrent
Buddana Panduranga RaoManaging Director22 Feb 200719 Years 7 MonthsCurrent

Peer Comparison of Laxmi Propylene Limited

Laxmi Propylene Limited is compared with the companies closest to it by revenue in the Packaging industry (Films and Foils). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Ultra Flexipack India Private Limited₹2.83 Cr (FY 2024)••••••••2.0%••••Vasai, Maharashtra, India
CHK Industries Private Limited₹2.8 Cr (FY 2025)••••••••11.0%••••Delhi, India
Royal Stick Enterprises Private Limited₹2.77 Cr (FY 2024)••••••••303.0%••••Fatehabad, Haryana, India
Om Arihant Labels Private Limited₹2.74 Cr (FY 2025)••••••••10.0%••••Delhi, India
Kloeckner Pentaplast India Private Limited₹2.68 Cr (FY 2025)••••••••-15.0%••••Gurgaon, Haryana, India
Laxmi Propylene Limited this company₹2.66 Cr (FY 2015)••••••••18.0%••••Hyderabad, Telangana, India
Universal Polybags Industries Private Limited₹2.64 Cr (FY 2025)••••••••-77.0%••••Virudhunagar, Tamil Nadu, India
Swastik Laminators Private Ltd₹2.63 Cr (FY 2024)••••••••-8.0%••••New Delhi, Delhi, India
Apple Art Press Private Limited₹2.56 Cr (FY 2025)••••••••-27.0%••••New Delhi, Delhi, India
Tirth Printpack Private Limited₹2.55 Cr (FY 2025)••••••••-45.0%••••Veraval Shapar, Gujarat, India
C & C Graphix Private Limited₹2.49 Cr (FY 2025)••••••••31.0%••••New Delhi, Delhi, India

Peers are the five companies nearest above and the five nearest below Laxmi Propylene by revenue in the Packaging industry (Films and Foils), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Charges & Borrowings of Laxmi Propylene Limited

Open charges
₹1.5 Cr
Satisfied charges
₹1.57 Cr
Breakdown by lending institutions
The Karur Vysya Bank Limited₹0.90 Cr
Andhra Pradesh State Financial Corpn Ltd₹0.60 Cr
Latest charge details
DateLenderAmountStatus
26 Dec 2011The Karur Vysya Bank Limited₹90 LakhOpen
22 Sep 1999Andhra Pradesh State Financial Corpn Ltd₹59.5 LakhOpen
24 Mar 2005Andhra Bankd₹50 LakhSatisfied
26 Mar 2004Andhra Bankd₹35 LakhSatisfied
03 Sep 2002Andhra Bank₹26 LakhSatisfied

Total charge records: 7 View all charges

Employees and EPFO Compliance at Laxmi Propylene Limited

Employment history and EPFO contributions of people linked to Laxmi Propylene.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Laxmi Propylene Limited

Laxmi Propylene Limited has 4 board changes on record since 2007: 3 appointments and 1 cessation. The latest: Neerakshi Buddana ceased to be Director on 14 Sep 2011.

AGM
Laxmi Propylene Limited last Annual general meeting of members was held on 29 Sep 2015 as per latest MCA records.
Filing
Laxmi Propylene Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Hyderabad.
Charges
A charge with The Karur Vysya Bank Limited of Rs. 90.00 Lakh registered on 26 Dec 2011 with Charge ID 10331572 was modified on 14 Mar 2015.
Charges
A charge registered on 24 Mar 2005 via Charge ID 90118048 with Andhra Bankd was fully satisfied on 11 Jan 2012.
Charges
A charge registered on 26 Mar 2004 via Charge ID 90117923 with Andhra Bankd was fully satisfied on 11 Jan 2012.
Charges
A charge registered on 03 Sep 2002 via Charge ID 90117759 with Andhra Bank was fully satisfied on 11 Jan 2012.
Charges
A charge registered on 29 Jan 2001 via Charge ID 90117626 with Andhra Bank was fully satisfied on 11 Jan 2012.
Charges
A charge registered on 25 Sep 1999 via Charge ID 90117503 with Andhra Bank was fully satisfied on 11 Jan 2012.
Charges
A charge with The Karur Vysya Bank Limited amounted to Rs. 90.00 Lakh with Charge ID 10331572 was registered on 26 Dec 2011.
Ceased
Neerakshi Buddana ceased to be Director.
Appointed
Buddana Panduranga Rao was appointed as Managing Director.
Appointed
Lalitha Buddana was appointed as Director.

9 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Laxmi Propylene Limited

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Credit ratings, litigation, and regulatory alerts

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MSME Payment Delays by Laxmi Propylene Limited

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MSME payment history

Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.

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Subsidiaries & Group Companies of Laxmi Propylene Limited

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Corporate group structure

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GST Compliance of Laxmi Propylene Limited

Laxmi Propylene has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Laxmi Propylene Limited

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Frequently Asked Questions about Laxmi Propylene Limited

Laxmi Propylene is an active public limited company based in Hyderabad, Telangana, India. The company works in non-metallic mineral products, within the plastics industry. It was incorporated on 21 February 1997 (29+ years old) and is registered under CIN U25209TG1997PLC026484.

Laxmi Propylene reported revenue of ₹2.66 Cr for FY 2015 (up 18% YoY).

Laxmi Propylene has 3 current directors:

Laxmi Propylene reported a net loss of ₹67.68 Lakh (net margin -25.5%) and EBITDA of -₹48.43 Lakh (EBITDA margin -18.2%) for FY 2015, as per its filed financial statements.

No. Laxmi Propylene has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Laxmi Propylene is U25209TG1997PLC026484. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Laxmi Propylene has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending.

Laxmi Propylene was incorporated on 21 February 1997, making it 29+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Laxmi Propylene by revenue are Ultra Flexipack India Private Limited, CHK Industries Private Limited, Royal Stick Enterprises Private Limited, Om Arihant Labels Private Limited, Kloeckner Pentaplast India Private Limited and 5 more, all in the Packaging industry (Films and Foils).

Neerakshi Buddana ceased to be Director on 14 Sep 2011. Buddana Panduranga Rao was appointed as Managing Director on 22 Feb 2007. Lalitha Buddana was appointed as Director on 22 Feb 2007. Laxmi Propylene has 4 board changes on record in total.

The registered office of Laxmi Propylene is at Flat No.506 Lazend Apartment Mothilal Nehrunagar Besside Model Dairy, Begumpet, Hyderabad, Telangana, India – 500016.

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