
Lexicon Merchants Limited
About Lexicon Merchants Limited
Data last updated:
Lexicon Merchants Limited is a public limited company based in Erode, Tamil Nadu, India. It operates in the specialised services segment of the trading and commerce sector. It was incorporated on 24 April 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U51900TZ2018PLC030391.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Ponnusamy Dhanapal and Muthusamy Chinnusamy.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Erode, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.16 Lakh, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹12,800 (net margin 4.1%) and EBITDA of ₹17,110 (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 19% over five years.
Company details
Contact details
Lexicon Merchants Limited's registered office is in Erode, Tamil Nadu. Its e-mail address is in the company report.
- Email
- Registered AddressDoor No. 1/2C Shanmuga Nagar Valli Garden, 46 Pudur, Erode, Tamil Nadu, India – 638002
- IndustryTrading, Specialty, Wholesale
To see the full contact details of Lexicon Merchants Limited, 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
Business activity
The main business activity of Lexicon Merchants is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lexicon Merchants Limited, buy the company report.
Financials of Lexicon Merchants Limited
FY 2025 filings availableLexicon Merchants Limited reported revenue of ₹3.16 Lakh (up 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 19% over five years, including 7% growth in the latest year. EBITDA fell 44% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹17,110 | ||||
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| Net Profit (PAT) | ₹12,800 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 4.1% | ||||
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To see the full financial statements and ratios of Lexicon Merchants Limited, buy the company report.
Board of directors of Lexicon Merchants Limited
Lexicon Merchants has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ponnusamy Dhanapal | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
| Muthusamy Chinnusamy | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
| Palaniyappan Kumar | Director | 24 Apr 2018 | 8 Years 6 Months | Current |
| Sowndarrajan Ravi | Director | 13 Oct 2023 | 3 Years 0 Months | Current |
Peer comparison
Lexicon Merchants Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nayantara Ventures Private Limited | ₹3.16 Lakh (FY 2016) | -83.0% | Pune, Maharashtra, India | |||
| Gleamera Multitrade Private Limited | ₹3.16 Lakh (FY 2020) | -63.0% | Aurangabad, Maharashtra, India | |||
| Variety Compounds Private Limited | ₹3.16 Lakh (FY 2021) | -37.0% | Ahmednagar, Maharashtra, India | |||
| Viman Enterprises Private Limited | ₹3.16 Lakh (FY 2023) | -85.0% | Bangalore, Karnataka, India | |||
| Annadevta Healthy Foods Private Limited | ₹3.16 Lakh (FY 2023) | 489.0% | Sonipat, Haryana, India | |||
| Lexicon Merchants Limitedthis company | ₹3.16 Lakh (FY 2024) | ₹12,800 | 4.1% | 7.0% | Erode, Tamil Nadu, India | |
| Green Herbs & Bio Organics Private Limited | ₹3.16 Lakh (FY 2023) | 16.0% | Jashpur, Chhattisgarh, India | |||
| Game Elevated Private Limited | ₹3.15 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Mata Saatvika Automotives Private Limited | ₹3.15 Lakh (FY 2020) | -60.0% | Patna, Bihar, India | |||
| Biotech Scientific Private Limited | ₹3.15 Lakh (FY 2025) | -40.0% | Kochi, Kerala, India | |||
| Janvee Agro Sciences Private Limited | ₹3.15 Lakh (FY 2025) | -81.0% | Birpur, Bihar, India |
To see the full peer comparison of Lexicon Merchants Limited, buy the company report.
Legal cases
No court or tribunal cases involving Lexicon Merchants Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lexicon Merchants Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lexicon Merchants Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lexicon Merchants Limited has 9 board changes on record since 2018: 5 appointments and 4 cessations. The latest: Radhakrishnan Ravishankar ceased to be Additional Director on 05 Nov 2023.
Frequently asked questions
Lexicon Merchants is an active public limited company based in Erode, Tamil Nadu, India. The company works in specialty, within the trading industry. It was incorporated on 24 April 2018 (8+ years old) and is registered under CIN U51900TZ2018PLC030391.
Lexicon Merchants has 4 current directors:
- Ponnusamy Dhanapal - Director
- Muthusamy Chinnusamy - Director
- Palaniyappan Kumar - Director
- Sowndarrajan Ravi - Director
The latest financial statements of Lexicon Merchants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Lexicon Merchants is U51900TZ2018PLC030391. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lexicon Merchants was incorporated on 24 April 2018, making it 8+ years old. It is registered with the Registrar of Companies, Coimbatore.
The peers of Lexicon Merchants by revenue are Nayantara Ventures Private Limited, Gleamera Multitrade Private Limited, Variety Compounds Private Limited, Viman Enterprises Private Limited, Annadevta Healthy Foods Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Radhakrishnan Ravishankar ceased to be Additional Director on 05 Nov 2023. Sowndarrajan Ravi ceased to be Additional Director on 05 Nov 2023. Radhakrishnan Ravishankar was appointed as Director on 13 Oct 2023. Lexicon Merchants has 9 board changes on record in total.
The registered office of Lexicon Merchants is at Door No. 12C Shanmuga Nagar Valli Garden, 46 Pudur, Erode, Tamil Nadu, India – 638002.
Lexicon Merchants operates in the trading industry, in the specialty segment.
Lexicon Merchants can be reached at its registered office: Door No. 12C Shanmuga Nagar Valli Garden, 46 Pudur, Erode, Tamil Nadu, India – 638002.
Lexicon Merchants is registered under the jurisdiction of the Registrar of Companies (ROC), Coimbatore.

