About Lirco Composites Private Limited
Data last updated:
Lirco Composites Private Limited is a private limited company based in Dehgam, Gujarat, India. It operates in the wood products and mdf segment of the manufacturing sector. It was incorporated on 25 November 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U25202GJ2011PTC067976. Its GSTIN is 24AACCL1384R1Z3 (Gujarat).
The company has an authorised share capital of ₹60 Lakh and a paid-up capital of ₹60 Lakh. It is led by directors including Anil Chunilal Patel and Arvind Vastaram Patel.
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 Plot No.528 At.Village Sampa Dehgam Rakhiyal Road Taluka Dehgam Dist.Gandhinagar, Gujarat, India – 382305.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.74 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹17.34 Lakh (net margin 1.3%) and EBITDA of ₹1.01 Cr (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 15% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lirco. As per MCA filings, the company has open charges of ₹4.01 Cr and satisfied charges of ₹11.02 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 lirco.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No.528 At.Village Sampa Dehgam Rakhiyal Road Taluka Dehgam Dist.Gandhinagar, Gujarat, India – 382305
- IndustryManufacturing, Wood Products & MDF
- 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 Lirco Composites Private Limited
The main business activity of Lirco Composites is manufacturing. In detail, this covers wood and wood products, furniture, paper and paper products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C3 | Wood and wood products, furniture, paper and paper products | 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 Lirco Composites Private Limited FY 2024 filings available
Lirco Composites Private Limited reported revenue of ₹13.74 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Lirco Composites Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 49% growth in the latest year. EBITDA rose 43% 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 Lirco Composites 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 | ₹1.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.34 Lakh | •••• | •••• | •••• | •••• |
| 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 Lirco Composites Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Lirco Composites 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 Lirco Composites Private Limited
Lirco Composites Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| S.B. Plywood Private Limited | ₹14.04 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Samana, Punjab, India |
| Gauri Nandan Panel Industry Private Limited | ₹13.83 Cr (FY 2025) | •••• | •••• | •••• | Bulandshahr, Uttar Pradesh, India | |
| Patidar Woodtech Private Limited | ₹13.82 Cr (FY 2023) | •••• | •••• | 40.0% | •••• | Secunderabad, Telangana, India |
| Mangla Plywood Private Limited | ₹13.76 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Uttar Pradesh, India |
| Vanshika Plywood Private Limited | ₹13.74 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Anjar, Gujarat, India |
| Lirco Composites Private Limited this company | ₹13.74 Cr (FY 2024) | •••• | •••• | 49.0% | •••• | Dehgam, Gujarat, India |
| Ecoboard Industries Limited Listed | ₹13.73 Cr (FY 2025) | •••• | •••• | -54.0% | •••• | Pune, Maharashtra, India |
| Rubbo Queen Wood Products Private Limited | ₹13.68 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Perumbavoor, Kerala, India |
| Infinity Plylam Private Limited | ₹13.6 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Jaipur, Rajasthan, India |
| Dhravi Polymers Private Limited | ₹13.53 Cr (FY 2025) | •••• | •••• | 35.0% | •••• | Sri Madhopur, Rajasthan, India |
| Ambalika Plywood Pvt. Ltd | ₹13.37 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Jagadhari, Haryana, India |
Peers are the five companies nearest above and the five nearest below Lirco Composites by revenue in the Manufacturing industry (Wood, MDF, Particle Board and Plywood), 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 Lirco Composites Private Limited
Lirco Composites Private Limited is audited by R.N.PATEL & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R.N.PATEL & 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 Lirco Composites Private Limited
Lirco Composites has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Chunilal Patel | Director | 17 Apr 2015 | 11 Years 5 Months | Current |
| Arvind Vastaram Patel Also directs: Lirco Engineering Private Limited | Director | 25 Nov 2011 | 14 Years 10 Months | Current |
| Gangaram Patel Also directs: Lirco Engineering Private Limited | Director | 17 Apr 2015 | 11 Years 5 Months | Current |
| Jagdishbhai Chunilal Patel Also directs: Lirco Engineering Private Limited | Director | 25 Nov 2011 | 14 Years 10 Months | Current |
Ownership and Shareholding of Lirco Composites 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 Lirco Composites Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2025 | Others | ₹14.4 Lakh | Open |
| 11 Jun 2025 | Others | ₹45 Lakh | Open |
| 27 Mar 2024 | Others | ₹50 Lakh | Open |
| 30 May 2023 | Others | ₹62 Lakh | Open |
| 30 May 2023 | Others | ₹2.3 Cr | Open |
Total charge records: 11 View all charges
Employees and EPFO Compliance at Lirco Composites Private Limited
Employment history and EPFO contributions of people linked to Lirco Composites.
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 Lirco Composites Private Limited
Lirco Composites Private Limited has 6 board changes on record since 2011: 5 appointments and 1 cessation. The latest: Prakash Ambalal Patel ceased to be Director on 07 Jun 2022.
16 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lirco Composites 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 Lirco Composites 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 Lirco Composites 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 Lirco Composites Private Limited
Lirco Composites has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCL1384R1Z3 | Gujarat | Active | 01 Jul 2017 |
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 Lirco Composites 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 Lirco Composites Private Limited
Lirco Composites is an active private limited company based in Dehgam, Gujarat, India. The company works in wood products and mdf, within the manufacturing industry. It was incorporated on 25 November 2011 (15+ years old) and is registered under CIN U25202GJ2011PTC067976.
Lirco Composites reported revenue of ₹13.74 Cr for FY 2024 (up 49% YoY).
Lirco Composites has 4 current directors:
- Anil Chunilal Patel - Director
- Arvind Vastaram Patel - Director
- Gangaram Patel - Director
- Jagdishbhai Chunilal Patel - Director
Lirco Composites reported a net profit of ₹17.34 Lakh (net margin 1.3%) and EBITDA of ₹1.01 Cr (EBITDA margin 7.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lirco Composites is 21% over three years and 15% over five years. In the latest year (FY 2024) revenue rose 49%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lirco Composites is 24AACCL1384R1Z3, registered in Gujarat.
The CIN (Corporate Identification Number) of Lirco Composites is U25202GJ2011PTC067976. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lirco Composites was incorporated on 25 November 2011, making it 15+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lirco Composites by revenue are S.B. Plywood Private Limited, Gauri Nandan Panel Industry Private Limited, Patidar Woodtech Private Limited, Mangla Plywood Private Limited, Vanshika Plywood Private Limited and 5 more, all in the Manufacturing industry (Wood, MDF, Particle Board and Plywood).
Prakash Ambalal Patel ceased to be Director on 07 Jun 2022. Anil Chunilal Patel was appointed as Director on 17 Apr 2015. Gangaram Patel was appointed as Director on 17 Apr 2015. Lirco Composites has 6 board changes on record in total.
Lirco Composites can be reached through the website lirco.in. Its registered office is in Dehgam, Gujarat, India.