About Lippi Systems Limited
Data last updated: 17 December 2025
Lippi Systems Limited is a public limited company based in Daskroi, Gujarat, India. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 08 October 1993, the company has been in operation for over 33 years.
Registered with ROC Ahmedabad under CIN L22100GJ1993PLC020382. Listed on BSE: 526604.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹7 Cr. Formerly known as Lippi Systems Private Limited. It is led by directors including Apexa Ajaykumar Panchal and Nandlal Jaigopal Agrawal.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Daskroi, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹53.82 Lakh, a decline of 32% compared to the previous year.
The company has a workforce of approximately 21 employees as per the latest available data.
The company is associated with 1 brand - Lippi Systems. As per MCA filings, the company has satisfied charges of ₹34.63 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 lippisystems.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered Address601 & 602 6Th Floor Shaligram Corporates, Nr. Dishman House Iscon – Ambli Road, Daskroi, Gujarat, India – 380058
-
IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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
CIN History of Lippi Systems Limited
Lippi Systems Limited has one previous CIN (Corporate Identification Number): U22100GJ1993PLC020382. The current CIN is L22100GJ1993PLC020382, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L22100GJ1993PLC020382 | Current |
| U22100GJ1993PLC020382 | Previous |
Associated Brands with Lippi Systems Limited
Lippi Systems Limited operates one associated brand: Lippi Systems. These brands represent Lippi Systems Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Newspaper printing machines are manufactured by Lippi Systems in India. | lippisystems.com |
Auditor Details of Lippi Systems Limited
Lippi Systems Limited is audited by ASHOK DHARIWAL & CO. (ICAI peer reviewed, certificate valid till 2028-08-31) 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 |
|---|---|---|
| ASHOK DHARIWAL & CO. (ICAI peer reviewed, certificate valid till 2028-08-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Lippi Systems Limited
Lippi Systems Limited is currently managed by 7 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Apexa Ajaykumar Panchal
Also directs:
Ishan Dyes And Chemicals Limited
|
Director | 30 May 2024 | 2 Years 1 Months | Current |
|
Nandlal Jaigopal Agrawal
Also directs:
Satyasurya Habitat Llp, Satyaprakash Habitat Llp, Satyasarthi Infrastructure Llp and 5 more
|
Managing Director | 08 Oct 1993 | 32 Years 9 Months | Current |
|
Kunal Nandlal Agrawal
Also directs:
Satya Habitat Private Limited
|
Whole-Time Director | 01 Jan 2013 | 13 Years 6 Months | Current |
| Tirthraj Ashokbhai Pandya | Director | 04 Mar 2010 | 16 Years 4 Months | Current |
| Govindlal C Thakkar | Director | 30 May 2016 | 10 Years 1 Months | Current |
Financials of Lippi Systems Limited FY 2026 filings available
Lippi Systems Limited reported revenue of ₹- (up ) 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 | ₹0 | ₹0 | ₹0 | ₹0 | ₹10.59 Cr | ₹13.09 Cr | ₹13.92 Cr | ₹15.95 Cr |
| Other Income | ₹7.99 Cr | ₹53.82 Lakh | ₹79.42 Lakh | ₹64.36 Lakh | ₹3.97 Cr | ₹82.48 Lakh | ₹1.3 Cr | ₹1.06 Cr |
| Total Income | ₹7.99 Cr | ₹53.82 Lakh | ₹79.42 Lakh | ₹64.36 Lakh | ₹14.56 Cr | ₹13.91 Cr | ₹15.21 Cr | ₹17 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹4.06 Cr | ₹4.52 Cr | ₹3.82 Cr | ₹4.72 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹59,400 | -₹1,000 | -₹21,100 | ₹13,000 |
| Employee Benefit Expense | ₹36.32 Lakh | ₹33.51 Lakh | ₹39.94 Lakh | ₹53.38 Lakh | ₹2.52 Cr | ₹2.82 Cr | ₹2.99 Cr | ₹2.79 Cr |
| Finance Costs | ₹4.32 Lakh | ₹0 | ₹500 | ₹34,000 | ₹41.46 Lakh | ₹67.64 Lakh | ₹93.9 Lakh | ₹1.05 Cr |
| Depreciation & Amortisation | ₹71.42 Lakh | ₹82.87 Lakh | ₹85.54 Lakh | ₹87.06 Lakh | ₹1.3 Cr | ₹1.45 Cr | ₹1.4 Cr | ₹1.49 Cr |
| Other Expenses | ₹1.81 Cr | ₹46.65 Lakh | ₹69.92 Lakh | ₹1.41 Cr | ₹5.06 Cr | ₹4.97 Cr | ₹5.84 Cr | ₹6.09 Cr |
| Total Expenses | ₹2.93 Cr | ₹1.63 Cr | ₹1.95 Cr | ₹2.82 Cr | ₹13.36 Cr | ₹14.42 Cr | ₹14.99 Cr | ₹16.13 Cr |
| Profit Before Exceptional Items & Tax | ₹5.06 Cr | -₹1.09 Cr | -₹1.16 Cr | -₹2.18 Cr | ₹1.19 Cr | -₹51.15 Lakh | ₹22.21 Lakh | ₹87.75 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹5.06 Cr | -₹1.09 Cr | -₹1.16 Cr | -₹2.18 Cr | ₹1.19 Cr | -₹51.15 Lakh | ₹22.21 Lakh | ₹87.75 Lakh |
| Total Tax Expense | ₹1.29 Cr | -₹34.99 Lakh | -₹30.03 Lakh | -₹56.13 Lakh | ₹35.58 Lakh | -₹8.8 Lakh | ₹4.02 Lakh | ₹5.11 Lakh |
| Net Profit | ₹3.77 Cr | -₹74.22 Lakh | -₹85.94 Lakh | -₹1.62 Cr | ₹83.77 Lakh | -₹42.35 Lakh | ₹18.19 Lakh | ₹82.64 Lakh |
| Other Comprehensive Income | ₹73,000 | -₹7,000 | ₹44,900 | ₹34,000 | -₹15.62 Lakh | ₹3.83 Lakh | -₹2.63 Lakh | -₹3.01 Lakh |
| Total Comprehensive Income | ₹3.78 Cr | -₹74.29 Lakh | -₹85.49 Lakh | -₹1.61 Cr | ₹68.15 Lakh | -₹38.52 Lakh | ₹15.56 Lakh | ₹79.64 Lakh |
| EBITDA (computed) | ₹5.82 Cr | -₹26.34 Lakh | -₹30.43 Lakh | -₹1.3 Cr | ₹2.91 Cr | ₹1.61 Cr | ₹2.56 Cr | ₹3.41 Cr |
| Basic EPS | ₹5.40 | ₹-1.06 | ₹-1.23 | ₹-2.31 | ₹1.08 | ₹-0.61 | ₹0.26 | ₹1.18 |
| Diluted EPS | ₹5.40 | ₹-1.06 | ₹-1.23 | ₹-2.31 | ₹1.08 | ₹-0.61 | ₹0.26 | ₹1.18 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹29.12 Cr | ₹22 Cr | ₹23.95 Cr | ₹24.59 Cr | ₹27.36 Cr | ₹33.66 Cr | ₹33.97 Cr | ₹35.19 Cr |
| Non-current Assets | ₹12.5 Cr | ₹16.49 Cr | ₹20.45 Cr | ₹21.31 Cr | ₹22.23 Cr | ₹26.6 Cr | ₹25.57 Cr | ₹27.06 Cr |
| Current Assets | ₹16.63 Cr | ₹5.51 Cr | ₹3.5 Cr | ₹3.28 Cr | ₹5.13 Cr | ₹7.07 Cr | ₹8.39 Cr | ₹8.13 Cr |
| Property, Plant & Equipment | ₹2.47 Cr | ₹5.66 Cr | ₹6.57 Cr | ₹7.43 Cr | ₹8.2 Cr | ₹13.66 Cr | ₹14.88 Cr | ₹15.3 Cr |
| Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.74 Cr | ₹1.85 Cr | ₹1.74 Cr |
| Trade Receivables | ₹4.45 Lakh | ₹58.89 Lakh | ₹55.95 Lakh | ₹46.58 Lakh | ₹1.4 Cr | ₹4.55 Cr | ₹5.79 Cr | ₹5.75 Cr |
| Cash & Equivalents | ₹63,000 | ₹18,000 | ₹17,000 | ₹3.79 Lakh | ₹20.72 Lakh | ₹1.7 Lakh | ₹2.26 Lakh | ₹3.93 Lakh |
| Equity (Net Worth) | ₹24.91 Cr | ₹21.13 Cr | ₹21.87 Cr | ₹22.73 Cr | ₹24.34 Cr | ₹23.66 Cr | ₹24.05 Cr | ₹23.89 Cr |
| Equity Share Capital | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr | ₹7 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹1.5 Cr | ₹90.08 Lakh | ₹1.41 Cr |
| Borrowings (Current) | ₹2.96 Cr | ₹2.94 Lakh | ₹80.81 Lakh | ₹16.78 Lakh | ₹44.52 Lakh | ₹4.27 Cr | ₹4.9 Cr | ₹4.96 Cr |
| Total Debt (computed) | ₹2.96 Cr | ₹2.94 Lakh | ₹80.81 Lakh | ₹16.78 Lakh | ₹44.52 Lakh | ₹5.77 Cr | ₹5.8 Cr | ₹6.37 Cr |
| Current Liabilities | ₹4 Cr | ₹18.88 Lakh | ₹1.06 Cr | ₹54.81 Lakh | ₹1.15 Cr | ₹6.08 Cr | ₹6.58 Cr | ₹7 Cr |
| Total Liabilities | ₹4.21 Cr | ₹86.88 Lakh | ₹2.08 Cr | ₹1.86 Cr | ₹3.02 Cr | ₹10 Cr | ₹9.92 Cr | ₹11.3 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹15.24 Cr | ₹2.01 Cr | -₹1.35 Cr | -₹32.07 Lakh | -₹97.7 Lakh |
| Investing Cash Flow | ₹10.45 Cr | ₹62.04 Lakh | ₹67.41 Lakh | ₹43.22 Lakh | ₹6.9 Cr |
| Financing Cash Flow | ₹2.94 Cr | -₹77.87 Lakh | ₹64.03 Lakh | -₹28.09 Lakh | -₹5.73 Cr |
| Capital Expenditure | ₹0 | ₹0 | ₹0 | ₹16.76 Lakh | ₹21.63 Lakh |
| Free Cash Flow (computed) | -₹15.24 Cr | ₹2.01 Cr | -₹1.35 Cr | -₹48.82 Lakh | -₹1.19 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹1.85 Cr | ₹1.86 Cr | -₹3.61 Lakh | -₹16.93 Lakh | ₹19.01 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Other Income | ₹30.81 Lakh | ₹7.44 Cr | ₹11.31 Lakh | ₹12.96 Lakh | ₹17.45 Lakh | ₹11.26 Lakh | ₹12.36 Lakh | ₹12.75 Lakh |
| Total Income | ₹30.81 Lakh | ₹7.44 Cr | ₹11.31 Lakh | ₹12.96 Lakh | ₹17.45 Lakh | ₹11.26 Lakh | ₹12.36 Lakh | ₹12.75 Lakh |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹8.9 Lakh | ₹9.36 Lakh | ₹10.45 Lakh | ₹7.62 Lakh | ₹8.14 Lakh | ₹9.2 Lakh | ₹8.09 Lakh | ₹8.08 Lakh |
| Finance Costs | ₹4.32 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Depreciation & Amortisation | ₹13.66 Lakh | ₹17.48 Lakh | ₹20.25 Lakh | ₹20.03 Lakh | ₹20.27 Lakh | ₹20.72 Lakh | ₹20.86 Lakh | ₹21.03 Lakh |
| Other Expenses | ₹72.86 Lakh | ₹52.31 Lakh | ₹43.25 Lakh | ₹13 Lakh | ₹11.69 Lakh | ₹11.72 Lakh | ₹11.33 Lakh | ₹11.91 Lakh |
| Total Expenses | ₹99.74 Lakh | ₹79.15 Lakh | ₹73.95 Lakh | ₹40.65 Lakh | ₹40.1 Lakh | ₹41.64 Lakh | ₹40.28 Lakh | ₹41.02 Lakh |
| Profit Before Exceptional Items & Tax | -₹68.93 Lakh | ₹6.65 Cr | -₹62.64 Lakh | -₹27.69 Lakh | -₹22.65 Lakh | -₹30.38 Lakh | -₹27.91 Lakh | -₹28.28 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹68.93 Lakh | ₹6.65 Cr | -₹62.64 Lakh | -₹27.69 Lakh | -₹22.65 Lakh | -₹30.38 Lakh | -₹27.91 Lakh | -₹28.28 Lakh |
| Total Tax Expense | -₹17.2 Lakh | ₹1.68 Cr | -₹16.79 Lakh | -₹5.62 Lakh | -₹6.6 Lakh | -₹15.05 Lakh | -₹2.5 Lakh | -₹10.85 Lakh |
| Net Profit | -₹51.73 Lakh | ₹4.97 Cr | -₹45.85 Lakh | -₹22.07 Lakh | -₹16.05 Lakh | -₹15.34 Lakh | -₹25.41 Lakh | -₹17.43 Lakh |
| Other Comprehensive Income | ₹78,000 | -₹1,000 | -₹1,000 | -₹2,000 | -₹41,000 | ₹11,300 | ₹11,200 | ₹11,200 |
| Total Comprehensive Income | -₹50.95 Lakh | ₹4.97 Cr | -₹45.86 Lakh | -₹22.09 Lakh | -₹16.46 Lakh | -₹15.22 Lakh | -₹25.3 Lakh | -₹17.31 Lakh |
| EBITDA (computed) | -₹50.95 Lakh | ₹6.83 Cr | -₹42.39 Lakh | -₹7.66 Lakh | -₹2.38 Lakh | -₹9.67 Lakh | -₹7.06 Lakh | -₹7.25 Lakh |
| Basic EPS | ₹-0.74 | ₹7.10 | ₹-0.66 | ₹-0.39 | ₹-0.23 | ₹-0.22 | ₹0.00 | ₹0.25 |
| Diluted EPS | ₹-0.74 | ₹7.10 | ₹-0.66 | ₹-0.39 | ₹-0.23 | ₹-0.22 | ₹0.00 | ₹0.25 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Other Income | ₹22.97 Lakh | -₹62.52 Lakh | ₹26.65 Cr | ₹29.12 Cr |
| Power Gerneration-Wind Farm | ₹7.84 Lakh | -₹10.72 Lakh | ₹2.47 Cr | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Other Income | ₹7.72 Cr | ₹5.17 Cr | - | - |
| Power Gerneration-Wind Farm | ₹27.32 Lakh | -₹6.67 Lakh | - | - |
Shareholding Pattern of Lippi Systems Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 51.68%, retail and other public shareholders hold 48.32% of Lippi Systems Limited. The company had 4,805 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 51.68% | 51.68% | 51.68% | 51.68% | 51.68% | 51.68% |
| Public | 48.32% | 48.32% | 48.32% | 48.32% | 48.32% | 48.32% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 51.68% | 51.68% | 51.68% |
| Public | 48.32% | 48.32% | 48.32% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Lippi Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Sep 2008 | Indian Overseas Bank | ₹9.74 Cr | Satisfied |
| 21 Jun 2006 | Indian Overseas Bank | ₹6 Cr | Satisfied |
| 08 Oct 2005 | Indian Overseas Bank | ₹6 Cr | Satisfied |
| 07 Nov 2001 | Indian Overseas Bank | ₹9.74 Cr | Satisfied |
| 14 Dec 1999 | Bank of Baroda | ₹1.51 Cr | Satisfied |
Total charge records: 8 View all charges
Employees and EPFO Compliance at Lippi Systems Limited
Lippi Systems Limited has a workforce of 21 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Lippi Systems Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Lippi Systems Limited
GSTIN & GST Filing Data of Lippi Systems Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Lippi Systems Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Lippi Systems Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Lippi Systems Limited
MSME Payment Delays by Lippi Systems 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 Lippi Systems Limited
Subsidiaries & Group Companies of Lippi Systems Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Lippi Systems Limited with ownership details.
MCA Filings & Documents of Lippi Systems Limited
MCA Filings & Documents of Lippi Systems Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Lippi Systems Limited
Frequently Asked Questions about Lippi Systems Limited
Lippi Systems Limited is an active public limited company in the machinery and equipment sector based in Daskroi, Gujarat, India. It was incorporated on 08 October 1993 (33+ years old) and is registered under CIN L22100GJ1993PLC020382. Listed on BSE: 526604. The company has 21 employees.
Lippi Systems Limited reported revenue of ₹53.82 Lakh for FY 2025 (down 32.00% YoY).
The current directors of Lippi Systems Limited are:
- Apexa Ajaykumar Panchal
- Nandlal Jaigopal Agrawal
- Kunal Nandlal Agrawal
- Darshan Bipinchandra Shah
- Tirthraj Ashokbhai Pandya
- Gopalkrishna D Sharma
- Govindlal C Thakkar
The primary industry of Lippi Systems Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.
Yes. Lippi Systems Limited is listed on BSE with code 526604.
Lippi Systems Limited can be reached at the registered office: 601 & 602 6Th Floor Shaligram Corporates, Nr. Dishman House Iscon – Ambli Road, Daskroi, Gujarat, India – 380058, or through the website lippisystems.com.