Lippi Systems Limited - machinery and equipment in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN L22100GJ1993PLC020382 Incorporated 08 October 1993 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Listed - BSE: 526604 Public Limited Company machinery and equipment
Data last updated
Market Cap
₹158 Cr
LIPPISYS · BSE
Share Price
₹223.40
-0.71% today
EBITDA
−₹2.18 Cr
FY 2025-26
Net Profit
₹3.77 Cr
FY 2025-26 · +623.6% YoY
P/E (TTM)
39.5x
P/B 6.3x
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹7 Cr
Issued & subscribed
Satisfied charges
₹34.63 Cr
No open charges

About Lippi Systems Limited

Data last updated:

Lippi Systems Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 08 October 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L22100GJ1993PLC020382. Its GSTIN is 24AAACL2700R1ZJ (Gujarat). Its shares are listed on BSE: 526604.

The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. It was formerly known as Lippi Systems Private Limited. It is led by directors including Nandlal Jaigopal Agrawal (Managing Director) and Kunal Nandlal Agrawal (Whole-Time Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad, Gujarat.

The net worth stands at ₹24.91 Cr (up 17.9% YoY). Total assets are valued at ₹27.94 Cr (up 31.7% YoY).

The company has about 21 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Lippi Systems. As per MCA filings, the company has satisfied charges of ₹34.63 Cr on record. Court records list 22 cases involving the company, including 15 filed by the company and 4 filed against it; 2 cases are pending. The company has 36 deals on record (36 market trades); the latest was in June 2026. Its 10 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Wren Engineering Private Limited with revenue of ₹54.35 Lakh.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lippisystems.com.

Company Details of Lippi Systems Limited
CIN L22100GJ1993PLC020382
Registration Number 020382
Incorporation Date 08 October 1993
ROC Ahmedabad
Listing Status Listed (BSE: 526604)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    601 & 602 6th Floor Shaligram Corporates, Nr. Dishman House Iscon – Ambli Road, Ahmedabad, Gujarat, India – 380058
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Lippi Systems Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Lippi Systems Limited FY 2025-26 filings available

Lippi Systems Limited reported revenue of ₹- for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹0.00 Cr
EBITDA
−₹2.18 Cr
-172.5% YoY
Profit After Tax
₹3.77 Cr
+623.6% YoY
Net Worth
₹24.91 Cr
+17.9% YoY
Total Assets
₹27.94 Cr
+31.7% YoY
Total Debt
₹2.96 Cr
+9766.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.000.000.000.0010.5913.0913.92
Revenue growth----100.0%-19.1%-6.0%-
EBITDA(2.18)(0.80)(1.09)(1.94)(1.03)0.791.31
EBITDA margin-----9.7%+6.0%+9.4%
Profit before tax5.06(1.09)(1.17)(2.17)1.19(0.52)0.22
Net profit3.77(0.72)(0.88)(1.61)(2.06)(0.43)0.18
Net profit margin-----19.5%-3.3%+1.3%
EPS (₹)5.40(1.06)(1.23)(2.31)1.20(0.61)0.26
Balance sheet
Total assets27.9421.2222.7322.9424.8331.0131.13
Net worth24.9121.1321.8722.7324.3423.6624.05
Total debt2.960.030.810.170.456.536.34
Cash & bank0.081.930.070.100.270.150.20
Net working capital15.605.363.262.904.446.027.25
Cash flow
Cash from operations(15.24)2.08(1.40)(0.32)(1.05)2.521.43
Cash from investing10.450.550.720.436.98(1.81)(0.10)
Cash from financing2.94(0.77)0.64(0.28)(5.73)(0.71)(1.34)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.380.317.440.110.130.170.110.12
Total expenses0.250.820.620.540.210.200.210.19
EBITDA(0.25)(0.82)(0.62)(0.54)(0.21)(0.20)(0.21)(0.19)
Depreciation0.130.140.170.200.200.200.210.21
Interest0.000.040.000.000.000.000.000.00
Profit before tax0.00(0.69)6.65(0.63)(0.28)(0.23)(0.31)(0.28)
Tax0.00(0.17)1.68(0.17)(0.06)(0.07)(0.15)(0.03)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 12 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue0.000.000.000.000.000.000.000.00
Other income0.380.317.440.110.130.170.110.12
Total expenses0.250.820.620.540.210.200.210.19
EBITDA(0.25)(0.82)(0.62)(0.54)(0.21)(0.20)(0.21)(0.19)
Depreciation0.130.140.170.200.200.200.210.21
Interest0.000.040.000.000.000.000.000.00
Profit before tax0.00(0.69)6.65(0.63)(0.28)(0.23)(0.31)(0.28)
Tax0.00(0.17)1.68(0.17)(0.06)(0.07)(0.15)(0.03)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.000.000.000.0010.5913.0913.92
Revenue growth----100.0%-19.1%-6.0%-
Other income7.990.540.790.643.970.821.30
Total expenses2.180.801.091.9411.6212.3012.61
Employee cost0.000.340.400.532.522.822.99
EBITDA(2.18)(0.80)(1.09)(1.94)(1.03)0.791.31
EBITDA margin-----9.7%+6.0%+9.4%
Depreciation0.710.830.860.871.301.451.40
Interest0.040.000.010.000.450.680.99
Profit before tax5.06(1.09)(1.17)(2.17)1.19(0.52)0.22
Tax1.29(0.35)(0.30)(0.56)0.35(0.09)0.04
Net profit3.77(0.72)(0.88)(1.61)(2.06)(0.43)0.18
Net profit margin-----19.5%-3.3%+1.3%
EPS (₹)5.40(1.06)(1.23)(2.31)1.20(0.61)0.26
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital7.007.007.007.007.007.007.00
Reserves & surplus17.9114.1314.8715.7317.3416.6617.05
Shareholders' funds (net worth)24.9121.1321.8722.7324.3423.6624.05
Secured loans0.000.000.000.000.006.496.34
Unsecured loans2.960.030.810.170.450.040.00
Total debt2.960.030.810.170.456.536.34
Total liabilities27.9421.2222.7322.9424.8331.0131.13
Assets
Gross block9.8017.0617.2617.3417.3742.8342.59
Net block2.485.656.567.438.2013.7314.94
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.27
Inventories0.000.000.000.000.001.741.85
Sundry debtors0.040.590.560.471.404.555.79
Cash & bank balances0.081.930.070.100.270.150.20
Loans & advances16.513.002.882.713.470.630.55
Total current assets16.635.523.513.285.147.078.39
Total current liabilities1.030.160.250.380.701.051.14
Net working capital15.605.363.262.904.446.027.25
Total assets27.9421.2222.7322.9424.8331.0131.13
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.860.000.040.210.020.020.04
Net cash from operating activities(15.24)2.08(1.40)(0.32)(1.05)2.521.43
Net cash from investing activities10.450.550.720.436.98(1.81)(0.10)
Net cash from financing activities2.94(0.77)0.64(0.28)(5.73)(0.71)(1.34)
Net change in cash(1.85)1.86(0.04)(0.17)0.19(0.01)(0.02)
Closing cash0.011.930.070.100.270.150.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth----100.0%-19.1%-6.0%-
EBITDA growth-172.5%+26.6%+43.8%-88.4%-230.4%-39.7%-
PBT growth+9998.0%+6.8%+46.1%-+9998.0%--74.7%
Net income growth+623.6%+18.2%+45.3%+21.8%-379.1%-338.9%-
Revenue CAGR (3Y)--100.0%-100.0%-100.0%-12.8%-6.6%-4.0%
EBITDA CAGR (3Y)+4.0%-8.1%----35.5%-31.6%
Profitability & leverage
Net income margin----+7.9%-3.3%+1.3%
Return on capital employed--5.0%-5.0%-9.1%-6.0%+0.6%+3.8%
Return on net worth--3.4%-3.9%-6.9%-8.6%-1.8%+0.8%
Debt / equity-0.020.020.010.150.270.28
Long-term debt / equity-0.000.000.000.030.050.05
Interest cover-1.380.00-0.510.00-19.31-103.03-1,100.00
Efficiency & per share
Fixed asset turnover-0.000.000.000.350.310.33
Inventory turnover-0.000.000.0012.177.297.75
Debtors turnover-0.000.000.003.562.532.41
EPS (₹)5.40(1.06)(1.23)(2.31)1.20(0.61)0.26
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)0.0030.1931.2532.4734.7733.8034.35
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Peer Comparison of Lippi Systems Limited

Lippi Systems Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Wren Engineering Private Limited₹54.35 Lakh (FY 2025)••••••••28.0%••••Delhi, India
Tinny Craft Private Limited₹53.95 Lakh (FY 2025)••••••••102.0%••••New Delhi, Delhi, India
Shaarvi Engitech Private Limited₹53.9 Lakh (FY 2020)••••••••8099.0%••••Ahmedabad, Gujarat, India
Crystal Cooling Towers Private Limited₹53.88 Lakh (FY 2025)••••••••-13.0%••••Ahmedabad, Gujarat, India
Venkateshwara Powertronics Private Limited₹53.86 Lakh (FY 2025)••••••••-28.0%••••Pune, Maharashtra, India
Maxima Motion & Controls Private Limited₹53.7 Lakh (FY 2025)••••••••-24.0%••••New Delhi, Delhi, India
Enviroartana Private Limited₹53.65 Lakh (FY 2024)••••••••-25.0%••••Vadodara, Gujarat, India
Consolidated Equipment Private Limited₹53.62 Lakh (FY 2025)••••••••12.0%••••New Delhi, Delhi, India
Uniwater Solutions Private Limited₹53.58 Lakh (FY 2025)••••••••••••Sreebhumi, West Bengal, India
Dustven Private Limited₹53.44 Lakh (FY 2025)••••••••51.0%••••Bangalore, Karnataka, India

Peers are the five companies nearest above and the five nearest below Lippi Systems by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), 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 Lippi Systems Limited

Lippi Systems Limited is audited by Vijay Moondra & Co for the financial year 2022.

NameStatusAppointment DateCessation Date
Vijay Moondra & CoLockedLockedLocked
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Complete auditor history

Appointment and cessation dates and past auditor changes are in the company report.

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Board of Directors of Lippi Systems Limited

Lippi Systems has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nandlal Jaigopal AgrawalManaging Director08 Oct 199333 Years 0 MonthsCurrent
Tirthraj Ashokbhai PandyaDirector04 Mar 201016 Years 7 MonthsCurrent
Kunal Nandlal AgrawalWhole-Time Director01 Jan 201313 Years 9 MonthsCurrent
Govindlal C ThakkarDirector30 May 201610 Years 4 MonthsCurrent
Apexa Ajaykumar PanchalDirector30 May 20242 Years 4 MonthsCurrent

Shareholding Pattern of Lippi Systems Limited

Shareholding for the quarter ended Mar 2026: promoters hold 51.70%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 48.30%.

Promoters: 51.70%Retail & Others: 48.30%
Mar 2026
QUARTER
51.70% Promoters
48.30% Retail & Others
Promoter holding - history
Now 51.70% · Mar 2026High 51.70% · Jun 2025Low 51.70% · Jun 2025
50%50.8%51.5%52.3%53%Jun 2025Sep 2025Dec 2025Mar 2026Jun 2025: 51.70%Sep 2025: 51.70%Dec 2025: 51.70%Mar 2026: 51.70%51.70%51.70%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025
Promoters51.70%51.70%51.70%51.70%
Public48.30%48.30%48.30%48.30%

Charges & Borrowings of Lippi Systems Limited

Open charges
None
Satisfied charges
₹34.63 Cr
Breakdown by lending institutions
Indian Overseas Bank₹31.48 Cr
Bank of Baroda₹3.15 Cr
Latest charge details
DateLenderAmountStatus
12 Sep 2008Indian Overseas Bank₹9.74 CrSatisfied
21 Jun 2006Indian Overseas Bank₹6 CrSatisfied
08 Oct 2005Indian Overseas Bank₹6 CrSatisfied
07 Nov 2001Indian Overseas Bank₹9.74 CrSatisfied
14 Dec 1999Bank of Baroda₹1.51 CrSatisfied

Total charge records: 8 View all charges

Deals & Funding of Lippi Systems Limited

Lippi Systems Limited has 36 deals on record (36 market trades); the latest was in June 2026.

Total deals
36
Market trades
36

Deals on record (5 of 36)

WhenDealAmountParties
Jun 2026Market trade₹76.9 LakhBuyer: an individual
Jun 2026Market trade₹2.33 CrBuyer: an individual
Seller: an individual
Jun 2026Market trade₹1.68 CrBuyer: an individual
Feb 2026Market trade₹19 LakhBuyer: Advanced Energy Systems LLP
Seller: Advanced Energy Systems LLP
Dec 2004Market trade₹5.6 LakhSeller: Zenet Software Limited
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Full deal history

All 36 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Lippi Systems Limited

Lippi Systems operates one associated brand: Lippi Systems. Each brand links to its own profile.

BrandDescriptionWebsite
Newspaper printing machines are manufactured by Lippi Systems in India.lippisystems.com

Employees and EPFO Compliance at Lippi Systems Limited

Lippi Systems Limited has a workforce of 21 employees as of Apr 04, 2024.

Employee count
21
Active EPFO establishments
1
Employee growth
5%
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Employee and EPFO history

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

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CIN History of Lippi Systems Limited

Lippi Systems has one previous CIN (Corporate Identification Number): U22100GJ1993PLC020382. The current CIN is L22100GJ1993PLC020382, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L22100GJ1993PLC020382Current
U22100GJ1993PLC020382Previous

Recent Activity on Lippi Systems Limited

Lippi Systems Limited has 28 board changes on record since 1993: 17 appointments and 11 cessations. The latest: Apexa Ajaykumar Panchal was appointed as Director on 30 May 2024.

AGM
Lippi Systems Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lippi Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Apexa Ajaykumar Panchal was appointed as Director.
Ceased
Swetalben Pravinkumar Sapra ceased to be Director.
Ceased
Kamlesh Sunderlal Sharma ceased to be Director.
Ceased
Minesh Chandrakant Shah ceased to be Whole-Time Director.
Charges
A charge registered on 12 Sep 2008 via Charge ID 10222735 with Indian Overseas Bank was fully satisfied on 07 Jan 2022.
Charges
A charge registered on 07 Nov 2001 via Charge ID 90094430 with Indian Overseas Bank was fully satisfied on 07 Jan 2022.
Charges
A charge with Indian Overseas Bank of Rs. 9.74 Cr registered on 12 Sep 2008 with Charge ID 10222735 was modified on 16 Oct 2020.
Charges
A charge with Indian Overseas Bank of Rs. 9.74 Cr registered on 07 Nov 2001 with Charge ID 90094430 was modified on 20 Jun 2020.
Ceased
Jesal Pravinchandra Shah ceased to be Director.
Appointed
Swetalben Pravinkumar Sapra was appointed as Director.

40 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Lippi Systems Limited

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Credit ratings, litigation, and regulatory alerts

Credit ratings, court records and regulatory alerts are in the company report.

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MSME Payment Delays by Lippi Systems 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 Lippi Systems Limited

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Corporate group structure

Parent, subsidiary, associate and joint venture records with holdings are in the company report.

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GST Compliance of Lippi Systems Limited

Lippi Systems has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAACL2700R1ZJGujaratActive01 Jul 2017
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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 Lippi Systems Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Lippi Systems Limited

Lippi Systems is an active public limited company based in Ahmedabad, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 08 October 1993 (33+ years old) and is registered under CIN L22100GJ1993PLC020382. Listed on BSE: 526604.

Lippi Systems has 5 current directors:

The GSTIN of Lippi Systems is 24AAACL2700R1ZJ, registered in Gujarat.

The CIN (Corporate Identification Number) of Lippi Systems is L22100GJ1993PLC020382. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Lippi Systems is listed on BSE with code 526604.

Lippi Systems has 22 court cases on record: 15 filed by the company and 4 filed against it. 2 are pending. Most are in the high courts.

Lippi Systems was incorporated on 08 October 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.

Lippi Systems has 36 deals on record (36 market trades); the latest was in June 2026.

The peers of Lippi Systems by revenue are Wren Engineering Private Limited, Tinny Craft Private Limited, Shaarvi Engitech Private Limited, Crystal Cooling Towers Private Limited, Venkateshwara Powertronics Private Limited and 5 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers).

Apexa Ajaykumar Panchal was appointed as Director on 30 May 2024. Swetalben Pravinkumar Sapra ceased to be Director on 30 May 2024. Kamlesh Sunderlal Sharma ceased to be Director on 31 Mar 2024. Lippi Systems has 28 board changes on record in total.

Lippi Systems can be reached through the website lippisystems.com. Its registered office is in Ahmedabad, Gujarat, India.

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