Light Carts Private Limited
About Light Carts Private Limited
Data last updated:
Light Carts Private Limited is a private limited company based in Meerut, Uttar Pradesh, India. It operates in the equipment leasing and financing segment of the financial services sector. It was incorporated on 06 May 1957 and has been in existence for over 69 years.
The company is registered with the Registrar of Companies (ROC), Kanpur, under CIN U34102UP1957PTC002662.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹36 Lakh. It is led by directors including Vishvnath Bathla and Manoj Kumar Bathla.
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 Rithanidelhi Road Meerut, Uttar Pradesh, India – 250103.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.56 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹84,350 (net margin -11.2%) and EBITDA of ₹16,620 (EBITDA margin 2.2%). Revenue has declined at a compounded annual rate (CAGR) of 44% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹17 Lakh on record. Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
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- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressRithanidelhi Road Meerut, Uttar Pradesh, India – 250103
- IndustryFinancial Services, Equipment Leasing & Financing
- 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
- One PDF report, delivered after checkout
Business Activity of Light Carts Private Limited
The main business activity of Light Carts is support service to organizations. In detail, this covers rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N1 | Rental and leasing of motor vehicles, machinery, equipment, capital goods, etc. activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Light Carts Private Limited FY 2024 filings available
Light Carts Private Limited reported revenue of ₹7.56 Lakh (up 51% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Light Carts Private Limited
Revenue rose 51% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 1%. EBITDA rose 115% 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 of Light Carts Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹16,620 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹84,350 | •••• | •••• | •••• | •••• |
| 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 Light Carts Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -11.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Light Carts are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Light Carts Private Limited
Light Carts Private Limited is compared with the companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Madhyabharat Nursing Association | ₹7.92 Lakh (FY 2025) | •••• | •••• | 121073.0% | •••• | Bhilai, Chhattisgarh, India |
| Sporteker India Private Limited | ₹7.89 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Thrissur, Kerala, India |
| Capriolous Engineering & Supplies Private Limited | ₹7.72 Lakh (FY 2025) | •••• | •••• | -45.0% | •••• | Mumbai, Maharashtra, India |
| Alwaye Metals and Alloys Private Limited | ₹7.7 Lakh (FY 2022) | •••• | •••• | -1.0% | •••• | Ernakulam, Kerala, India |
| VKL Buildcon (India) Private Limited | ₹7.65 Lakh (FY 2025) | •••• | •••• | -55.0% | •••• | Bhilai, Chhattisgarh, India |
| Light Carts Private Limited this company | ₹7.56 Lakh (FY 2024) | •••• | •••• | 51.0% | •••• | Meerut, Uttar Pradesh, India |
| Da Vinci Jacquard Fabrics (India) Private Limited | ₹7.54 Lakh (FY 2025) | •••• | •••• | -94.0% | •••• | Hyderabad, Telangana, India |
| SS Elevators India Private Limited | ₹7.54 Lakh (FY 2024) | •••• | •••• | 46.0% | •••• | Haryana, India |
| Electrocom Technology India Limited | ₹7.54 Lakh (FY 2024) | •••• | •••• | 52.0% | •••• | Ahmedabad, Gujarat, India |
| Nysb Ventures Private Limited | ₹7.5 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | New Delhi, Delhi, India |
| Lyor Assets Private Limited | ₹7.4 Lakh (FY 2025) | •••• | •••• | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Light Carts by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Light Carts Private Limited
Light Carts Private Limited is audited by S S GUPTA & CO for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S S GUPTA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Light Carts Private Limited
Light Carts has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishvnath Bathla | Director | 20 May 2004 | 22 Years 4 Months | Current |
| Manoj Kumar Bathla | Director | 20 May 2004 | 22 Years 4 Months | Current |
| Sugam Bathla | Director | 12 Nov 2019 | 6 Years 10 Months | Current |
Ownership and Shareholding of Light Carts Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Light Carts Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jul 1993 | Oriental Bank of Commerce | ₹13 Lakh | Open |
| 24 Sep 1984 | Union Bank of India | ₹4 Lakh | Open |
Total charge records: 2 View all charges
Legal Cases of Light Carts Private Limited
Light Carts Private Limited has 3 court cases on record: 1 filed by Light Carts, 2 filed against it. 1 case is pending and 2 are disposed. Status as checked between 21 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 2 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Allahabad High Court | Court case (WTAX) | Filed by the company against Principal Commissioner of Income Tax | Pending |
| Allahabad High Court | Court case (IAPL) | Filed against the company by Principal Commissioner of Income Tax | Disposed |
| Allahabad High Court | Court case (STRE) | Filed against the company by Commissioner Trade Tax U.P. Lucknow | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Light Carts Private Limited
Employment history and EPFO contributions of people linked to Light Carts.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Light Carts Private Limited
Light Carts Private Limited has 5 board changes on record since 2004: 3 appointments and 2 cessations. The latest: Sugam Bathla ceased to be Additional Director on 04 Sep 2023.
Credit Ratings, Litigation & Regulatory Alerts for Light Carts Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Light Carts Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Light Carts Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Light Carts Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Light Carts Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Light Carts Private Limited
Light Carts is an active private limited company based in Meerut, Uttar Pradesh, India. The company works in equipment leasing and financing, within the financial services industry. It was incorporated on 06 May 1957 (69+ years old) and is registered under CIN U34102UP1957PTC002662.
Light Carts reported revenue of ₹7.56 Lakh for FY 2024 (up 51% YoY).
Light Carts has 3 current directors:
- Vishvnath Bathla - Director
- Manoj Kumar Bathla - Director
- Sugam Bathla - Director
Light Carts reported a net loss of ₹84,350 (net margin -11.2%) and EBITDA of ₹16,620 (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Light Carts is 44% over three years and -1% over five years. In the latest year (FY 2024) revenue rose 51%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Light Carts is U34102UP1957PTC002662. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Light Carts has 3 court cases on record: 1 filed by the company and 2 filed against it. 1 is pending.
Light Carts was incorporated on 06 May 1957, making it 69+ years old. It is registered with the Registrar of Companies, Kanpur.
The peers of Light Carts by revenue are Madhyabharat Nursing Association, Sporteker India Private Limited, Capriolous Engineering & Supplies Private Limited, Alwaye Metals and Alloys Private Limited, VKL Buildcon (India) Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).
Sugam Bathla ceased to be Additional Director on 04 Sep 2023. Sugam Bathla was appointed as Director on 12 Nov 2019. Prakash Chand ceased to be Director on 20 Sep 2016. Light Carts has 5 board changes on record in total.
The registered office of Light Carts is at Rithanidelhi Road Meerut, Uttar Pradesh, India – 250103.