Laxmi Stainalloys Private Limited

Laxmi Stainalloys Private Limited - metals and minerals in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U28112MH2013PTC249534 Incorporated 23 October 2013 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company metals and minerals MSME · Medium
Revenue · FY 2024
₹137.05 Cr
▲ 12% YoY
Net profit · FY 2024
₹1.62 Cr
Net margin 1.2%
EBITDA · FY 2024
₹4.53 Cr
EBITDA margin 3.3%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Open charges
₹3.25 Cr
Secured borrowings
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings

About Laxmi Stainalloys Private Limited

Data last updated:

Laxmi Stainalloys Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 23 October 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U28112MH2013PTC249534. Its GSTIN is 27AACCL5775A1ZL (Maharashtra). The company holds 3 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Nitin Mangilal Mehta and Mangilal Bachharaj Mehta.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Shop No. 1 Shreepati Castle Annex No 2 10th Khetwadi Lane, Mumbai, Maharashtra, India – 400004.

As per the financials filed for FY 2024, the company reported a revenue of ₹137.05 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Cr (net margin 1.2%) and EBITDA of ₹4.53 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 14% over five years.

The company is associated with 1 brand: Laxmi Stainalloys. As per MCA filings, the company has open charges of ₹3.25 Cr on record. Court records list 6 cases involving the company, including 6 filed by the company; 2 cases are pending.

Laxmi Stainalloys Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0054632). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lsi-scrap.com.

Company details

CIN U28112MH2013PTC249534
Registration Number 249534
Incorporation Date 23 October 2013
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0054632

Recognitions & Rankings of Laxmi Stainalloys

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-MH-18-0054632

Contact details

Laxmi Stainalloys Private Limited's registered office is in Mumbai, Maharashtra. Its website is lsi-scrap.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Shop No. 1 Shreepati Castle Annex No 2 10th Khetwadi Lane, Mumbai, Maharashtra, India – 400004
  • Industry
    Metals and Minerals, Materials Retail & Distribution

To see the full contact details of Laxmi Stainalloys Private Limited, buy the company report.

Comprehensive company report
Laxmi Stainalloys 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

Laxmi Stainalloys operates one associated brand: Laxmi Stainalloys. Each brand links to its own profile.

BrandDescriptionWebsite
Supplying of stainless steel and allied products since 1972.lsi-scrap.com

Business activity

The main business activity of Laxmi Stainalloys is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Laxmi Stainalloys Private Limited, buy the company report.

Financials of Laxmi Stainalloys Private Limited

FY 2024 filings available

Laxmi Stainalloys Private Limited reported revenue of ₹137.05 Cr (up 12% YoY) for FY 2024.

Revenue · FY 2024
₹137.05 Cr ▲ 12%
Net profit · FY 2024
₹1.62 Cr margin 1.2%
EBITDA · FY 2024
₹4.53 Cr margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 26%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 6%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 12% growth in the latest year. EBITDA fell 4% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹4.53 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.62 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.3%
Net Profit Margin1.2%
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 Laxmi Stainalloys Private Limited, buy the company report.

Board of directors of Laxmi Stainalloys Private Limited

Laxmi Stainalloys has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Nitin Mangilal MehtaDirector23 Oct 201313 Years 0 MonthsCurrent
Mangilal Bachharaj MehtaDirector23 Oct 201313 Years 0 MonthsCurrent

Peer comparison

Laxmi Stainalloys Private Limited is compared with the 6 companies closest to it by revenue in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
LMS Trading & Logistics Private Limited₹137.75 Cr (FY 2019)-67.0%Kolkata, West Bengal, India
Viraj Procon Private Limited₹137.17 Cr (FY 2025)-9.0%Rajkot, Gujarat, India
Laxmi Stainalloys Private Limitedthis company₹137.05 Cr (FY 2024)₹1.62 Cr1.2%12.0%Mumbai, Maharashtra, India
Star Chem Poly Trade Private Limited₹136.15 Cr (FY 2025)30.0%Ring Road, Surat 395003, Gujarat, India
SBC Minerals Private Limited₹135.88 Cr (FY 2025)-60.0%New Delhi, Delhi, India
Colossus Trade Links Limited.₹135.76 Cr (FY 2025)16.0%Delhi, India
Jai Tripati Steels Private Limited₹135.6 Cr (FY 2025)-47.0%Gandhinagar, Gujarat, India

To see the full peer comparison of Laxmi Stainalloys Private Limited, buy the company report.

Auditor

Laxmi Stainalloys Private Limited is audited by RHK and Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
RHK and AssociatesFY 2023130296W

Shareholding

The shareholding of Laxmi Stainalloys 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Laxmi Stainalloys Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.25 Cr
Satisfied charges
None
Breakdown by lending institutions
Yes Bank Limited₹3.25 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Dec 201410543584Yes Bank Limited₹3.25 CrOpen

To see the full charge records of Laxmi Stainalloys Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Laxmi Stainalloys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Laxmi Stainalloys has 3 GST registrations: 2 active and 1 cancelled or inactive.

Total GSTINs
3
Active
2
Cancelled / inactive
1
GSTINStateStatusRegistered on
27AACCL5775A1ZLMaharashtraActive01 Jul 2017
27AACCL5775A1DUMaharashtraActive16 Dec 2024

To see the full GST registrations and return filing status of Laxmi Stainalloys Private Limited, buy the company report.

Recent activity

Laxmi Stainalloys Private Limited has 2 board changes on record since 2013: 2 appointments. The latest: Mangilal Bachharaj Mehta was appointed as Director on 23 Oct 2013.

AGM
Laxmi Stainalloys Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Laxmi Stainalloys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai I.
Charges
A charge with Yes Bank Limited of Rs. 325.00 Lakh registered on 27 Dec 2014 with Charge ID 10543584 was modified on 10 Oct 2017.
Charges
A charge with Yes Bank Limited amounted to Rs. 325.00 Lakh with Charge ID 10543584 was registered on 27 Dec 2014.
Appointed
Mangilal Bachharaj Mehta was appointed as Director.
Appointed
Nitin Mangilal Mehta was appointed as Director.
Incorporation
23 Oct 2013
Laxmi Stainalloys Private Limited was registered on 23 Oct 2013 with Roc Mumbai I & aged 13 years 22 days as per MCA records.

Frequently asked questions

Laxmi Stainalloys is an active private limited company based in Mumbai, Maharashtra, India. The company works in materials retail and distribution, within the metals and minerals industry. It was incorporated on 23 October 2013 (13+ years old) and is registered under CIN U28112MH2013PTC249534.

Laxmi Stainalloys has 2 current directors:

The latest financial statements of Laxmi Stainalloys on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Laxmi Stainalloys is 27AACCL5775A1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AACCL5775A1DU (Maharashtra).

The CIN (Corporate Identification Number) of Laxmi Stainalloys is U28112MH2013PTC249534. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Laxmi Stainalloys has 6 court cases on record: 6 filed by the company. 2 are pending.

Laxmi Stainalloys was incorporated on 23 October 2013, making it 13+ years old. It is registered with the Registrar of Companies, Mumbai.

The peers of Laxmi Stainalloys by revenue are LMS Trading & Logistics Private Limited, Viraj Procon Private Limited, Star Chem Poly Trade Private Limited, SBC Minerals Private Limited, Colossus Trade Links Limited. and 1 more, all in the Metals and Minerals industry (Construction Materials Retail and Distribution, Materials Retail and Distribution), with the same principal business activity (wholesale trading).

Mangilal Bachharaj Mehta was appointed as Director on 23 Oct 2013. Nitin Mangilal Mehta was appointed as Director on 23 Oct 2013.

Yes, Laxmi Stainalloys is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0054632).

Laxmi Stainalloys can be reached through the website lsi-scrap.com. Its registered office is in Mumbai, Maharashtra, India.