About Laxmipati Engineering Works Limited
Data last updated: 30 December 2025
Laxmipati Engineering Works Limited is a public limited company based in Surat, Gujarat, India. It specialises in shipbuilding and repair services, a part of the broader transport and logistics sector. Incorporated on 07 February 2012, the company has been in operation for over 14 years.
Registered with ROC Ahmedabad under CIN L35111GJ2012PLC068922. Listed on BSE: 537669.
Capital: an authorised share capital of ₹6 Cr and a paid-up capital of ₹5.75 Cr. Formerly known as Si. Vi. Shipping Corporation Private Limited and Si. Vi. Shipping Corporation Limited. It is led by directors including Manojkumar G Sarawagi and Sanjaykumar Govindprasad Sarawagi.
Last AGM: 17 July 2025. Financial statements filed for year ended 31 March 2025. Office: 25 Central Park, Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.14 Cr, a growth of 24% compared to the previous year.
The company has a workforce of approximately 152 employees as per the latest available data.
As per MCA filings, the company has open charges of ₹15 Cr and satisfied charges of ₹1 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sivishipping.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressOffice Block First Floor Pl. No.237/2 & 3 Sub Pl.No.A/25 Central Park Soc. G.I.D.C, Pandesara, Surat, Gujarat, India – 394221
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IndustryTransport and Logistics, Shipbuilding & Repair Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited has undergone 4 name changes throughout its history. The current legal name is Laxmipati Engineering Works Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Laxmipati Engineering Works Limited | Current |
| Si. Vi. Shipping Corporation Private Limited | Previous |
| Si. Vi. Shipping Corporation Limited | Previous |
| Siddhi Vinayak Shipping Corporation Limited | Previous |
| L. P. Naval And Engineering Limited | Previous |
CIN History of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L35111GJ2012PLC068922, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L35111GJ2012PLC068922 | Current |
| U35111GJ2012PTC068922 | Previous |
| U35111GJ2012PLC068922 | Previous |
Business Activity of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is engaged in the principal business activity of manufacturing, with detailed activities including repair & installation of machinery & equipment, motor vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles | ********* |
Auditor Details of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is audited by RPR & Co. (ICAI peer reviewed, certificate valid till 2028-12-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| RPR & Co. (ICAI peer reviewed, certificate valid till 2028-12-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is currently managed by 11 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
Financials of Laxmipati Engineering Works Limited FY 2026 filings available
Laxmipati Engineering Works Limited reported revenue of ₹71.99 Cr (up 43.72% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹71.99 Cr | ₹50.09 Cr | ₹40.25 Cr | ₹15.2 Cr | ₹27.98 Cr | ₹18.75 Cr | ₹20.85 Cr | ₹11.3 Cr |
| Other Income | ₹38.86 Lakh | ₹5.12 Lakh | ₹6.85 Lakh | ₹6.26 Lakh | ₹4.32 Lakh | ₹46,800 | ₹2.16 Lakh | ₹27,900 |
| Total Income | ₹72.38 Cr | ₹50.14 Cr | - | - | - | - | - | - |
| Cost of Materials Consumed | ₹29.36 Cr | ₹23.33 Cr | ₹20.22 Cr | ₹7.65 Cr | ₹4.42 Cr | ₹5.34 Cr | ₹1.86 Cr | ₹1.49 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹2.22 Cr | -₹3.57 Cr | -₹1.7 Cr | -₹4.97 Cr | ₹84.63 Lakh | -₹2.64 Cr | -₹37.54 Lakh | -₹12.05 Lakh |
| Employee Benefit Expense | ₹16.02 Cr | ₹12.84 Cr | ₹10.17 Cr | ₹9.45 Cr | ₹15.06 Cr | ₹15.51 Cr | ₹14.24 Cr | ₹7.21 Cr |
| Finance Costs | ₹2.46 Cr | ₹4.23 Cr | ₹3.85 Cr | ₹3.09 Cr | ₹2.82 Cr | ₹1.61 Cr | ₹77.59 Lakh | ₹44.66 Lakh |
| Other Expenses | ₹11.81 Cr | ₹7.42 Cr | ₹5.63 Cr | ₹3.38 Cr | ₹3.48 Cr | ₹5.18 Cr | ₹1.88 Cr | ₹72.15 Lakh |
| Total Expenses | ₹63.27 Cr | ₹45.48 Cr | ₹39.34 Cr | ₹19.7 Cr | ₹27.54 Cr | ₹25.45 Cr | ₹18.78 Cr | ₹10.06 Cr |
| Profit Before Tax | ₹32.79 Cr | ₹4.67 Cr | ₹98.03 Lakh | -₹4.44 Cr | ₹48.01 Lakh | -₹6.77 Cr | ₹2.09 Cr | ₹1.24 Cr |
| Total Tax Expense | ₹5.75 Cr | -₹1.83 Cr | ₹20.51 Lakh | ₹28.64 Lakh | ₹25.42 Lakh | -₹10.08 Lakh | ₹39.37 Lakh | ₹23.05 Lakh |
| Net Profit | ₹27.04 Cr | ₹6.5 Cr | ₹77.52 Lakh | -₹4.73 Cr | ₹22.59 Lakh | -₹6.67 Cr | ₹1.7 Cr | ₹1.01 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹64.71 Cr | ₹59.55 Cr | ₹46.17 Cr | ₹43.68 Cr | ₹40.4 Cr | ₹35.63 Cr | ₹27.9 Cr | ₹24.66 Cr |
| Non-current Assets | ₹30.81 Cr | ₹35.33 Cr | ₹32.27 Cr | ₹32.22 Cr | ₹32.2 Cr | ₹24.42 Cr | ₹19.12 Cr | ₹16.97 Cr |
| Current Assets | ₹33.9 Cr | ₹24.22 Cr | ₹13.9 Cr | ₹11.46 Cr | ₹8.19 Cr | ₹11.21 Cr | ₹8.77 Cr | ₹7.69 Cr |
| Property, Plant & Equipment | ₹23.27 Cr | ₹31.51 Cr | - | - | - | - | - | - |
| Inventories | ₹17.83 Cr | ₹13.17 Cr | ₹9.59 Cr | ₹7.89 Cr | ₹2.93 Cr | ₹3.77 Cr | ₹1.13 Cr | ₹75.82 Lakh |
| Cash & Equivalents | ₹1.88 Lakh | ₹3.82 Lakh | ₹5.57 Lakh | ₹2.58 Lakh | ₹17.85 Lakh | ₹5.11 Lakh | ₹4.99 Lakh | ₹3.01 Lakh |
| Equity (Net Worth) | ₹35.61 Cr | ₹8.57 Cr | - | - | - | - | - | - |
| Current Liabilities | ₹19.01 Cr | ₹10.42 Cr | ₹8.01 Cr | ₹8.25 Cr | ₹4.1 Cr | ₹4.48 Cr | ₹2.49 Cr | ₹1.68 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹5.2 Cr | ₹2.38 Cr | ₹3.02 Cr | -₹3.38 Cr | ₹4.92 Cr |
| Investing Cash Flow | ₹25.72 Cr | -₹3.16 Cr | -₹1.57 Cr | -₹63.34 Lakh | -₹8.56 Cr |
| Financing Cash Flow | -₹30.94 Cr | ₹77.14 Lakh | -₹1.42 Cr | ₹3.86 Cr | ₹3.37 Cr |
| Capital Expenditure | ₹11.12 Cr | ₹2.5 Cr | - | - | - |
| Free Cash Flow (computed) | -₹5.92 Cr | -₹12.31 Lakh | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.94 Lakh | -₹1.75 Lakh | ₹2.99 Lakh | -₹15.27 Lakh | -₹26.8 Lakh |
Shareholding Pattern of Laxmipati Engineering Works Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 73.45%, retail and other public shareholders hold 26.55% of Laxmipati Engineering Works Limited. The company had 168 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 73.45% | 73.45% | 73.45% | 72.46% | 72.46% | 72.46% |
| Public | 26.55% | 26.55% | 26.55% | 27.54% | 27.54% | 27.54% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|---|
| Promoters | 73.45% | 73.45% | 72.46% | 72.46% | 72.46% | 72.46% |
| Public | 26.55% | 26.55% | 27.54% | 27.54% | 27.54% | 27.54% |
| Promoter change (YoY, %pts) | +0.00 | +0.99 | +0.00 | +0.00 | +0.00 | - |
Charges & Borrowings of Laxmipati Engineering Works Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Apr 2021 | Hdfc Bank Limited | ₹15 Cr | Open |
| 08 Feb 2013 | Union Bank of India | ₹30 Lakh | Satisfied |
| 08 Feb 2013 | Union Bank of India | ₹70 Lakh | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited has a workforce of 152 employees as of Apr 03, 2024.
Employee Count & EPFO Data of Laxmipati Engineering Works Limited
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GST Compliance of Laxmipati Engineering Works Limited
GSTIN & GST Filing Data of Laxmipati Engineering Works Limited
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Credit Ratings, Litigation & Regulatory Alerts for Laxmipati Engineering Works Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Laxmipati Engineering Works Limited
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MSME Payment Delays by Laxmipati Engineering Works Limited
MSME Payment Delays by Laxmipati Engineering Works Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Laxmipati Engineering Works Limited
Subsidiaries & Group Companies of Laxmipati Engineering Works Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Laxmipati Engineering Works Limited with ownership details.
MCA Filings & Documents of Laxmipati Engineering Works Limited
MCA Filings & Documents of Laxmipati Engineering Works Limited
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Recent Activity on Laxmipati Engineering Works Limited
Frequently Asked Questions about Laxmipati Engineering Works Limited
Laxmipati Engineering Works Limited is an active public limited company in the transport and logistics sector based in Surat, Gujarat, India. It was incorporated on 07 February 2012 (14+ years old) and is registered under CIN L35111GJ2012PLC068922. Listed on BSE: 537669. The company has 152 employees.
Laxmipati Engineering Works Limited reported revenue of ₹50.14 Cr for FY 2025 (up 24.00% YoY).
The current directors of Laxmipati Engineering Works Limited are:
- Manojkumar G Sarawagi
- Sanjaykumar Govindprasad Sarawagi
- Rakeshkumar Govindprasad Sarawagi
- Ashok Keshavdev Varshney
- Sheetal Ashok Tayal
- Krishna Papaiah Mekala
- Amitkumar Vijaykumarji Khemani
- Amit Khandelwal
- Mustafa Moiz Haji
- Mustufa M Haji
- Darshana Hareshbhai Gorasiya
The primary industry of Laxmipati Engineering Works Limited is transport and logistics. The company specifically operates in shipbuilding and repair services. The company is currently active in this sector.
Yes. Laxmipati Engineering Works Limited is listed on BSE with code 537669.
Laxmipati Engineering Works Limited can be reached at the registered office: Office Block First Floor Pl. No.2372 & 3 Sub Pl.No.A25 Central Park Soc. G.I.D.C, Pandesara, Surat, Gujarat, India – 394221, or through the website sivishipping.com.