About Lirco Engineering Private Limited
Data last updated:
Lirco Engineering Private Limited is a private limited company based in Dist Gandhinagar, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 13 August 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28100GJ1998PTC034524. Its GSTIN is 24AAACB8431B1ZA (Gujarat).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Bansidhar Cotton Processing Private Limited. It is led by directors including Chuni Lal 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 Dehgam Rakhiyal Road At&Po.Sapa Ta – Dehgam Dist – Gandhinagar, Dist Gandhinagar, Gujarat, India – 382305.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.67 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹71.71 Lakh (net margin -9.4%) and EBITDA of ₹15.28 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 435% over three years and 9% over five years.
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹18.27 Cr and satisfied charges of ₹5.53 Cr on record. Court records list 2 cases involving the company, including 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lircoengg.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressDehgam Rakhiyal Road At&Po.Sapa Ta – Dehgam Dist – Gandhinagar, Dist Gandhinagar, Gujarat, India – 382305
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Engineering Private Limited
The main business activity of Lirco Engineering is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal 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 Engineering Private Limited FY 2024 filings available
Lirco Engineering Private Limited reported revenue of ₹7.67 Cr (up 4115% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Lirco Engineering Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 9% over five years. EBITDA rose 483% 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 Engineering 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 | ₹15.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹71.71 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 Engineering Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -9.4% | •••• | •••• | •••• | •••• |
| 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 Engineering 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.
Auditor Details of Lirco Engineering Private Limited
Lirco Engineering 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 Engineering Private Limited
Lirco Engineering has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chuni Lal Patel Also directs: Vinayak Cold Storage Pvt Ltd | Director | 13 Aug 1998 | 28 Years 1 Months | Current |
| Arvind Vastaram Patel Also directs: Lirco Composites Private Limited | Director | 13 Aug 1998 | 28 Years 1 Months | Current |
| Gangaram Patel Also directs: Lirco Composites Private Limited | Director | 30 Dec 2021 | 4 Years 9 Months | Current |
| Jagdishbhai Chunilal Patel Also directs: Lirco Composites Private Limited | Director | 31 Aug 2010 | 16 Years 1 Months | Current |
Ownership and Shareholding of Lirco Engineering 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 Engineering Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Jul 2023 | Others | ₹4.87 Cr | Open |
| 10 Jul 2023 | Others | ₹3 Cr | Open |
| 27 May 2022 | Others | ₹3.7 Cr | Open |
| 23 May 2022 | Others | ₹6.7 Cr | Open |
| 07 Aug 2012 | Others | ₹4.53 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Lirco Engineering Private Limited
Lirco Engineering Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by PR. Commissioner of Income-Tax | Disposed |
| High Court of Gujarat | Court case (TAXAP) | Filed against the company by PR Commissioner of Income Tax | Disposed |
Full case history
All 2 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 Lirco Engineering Private Limited
Lirco Engineering Private Limited has a workforce of 21 employees as of Sep 23, 2025.
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.
CIN History of Lirco Engineering Private Limited
Lirco Engineering has one previous CIN (Corporate Identification Number): U17119GJ1998PTC034524. The current CIN is U28100GJ1998PTC034524, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28100GJ1998PTC034524 | Current |
| U17119GJ1998PTC034524 | Previous |
Recent Activity on Lirco Engineering Private Limited
Lirco Engineering Private Limited has 10 board changes on record since 1998: 4 appointments and 6 cessations. The latest: Gangaram Patel ceased to be Additional Director on 30 Sep 2022.
17 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Lirco Engineering 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 Engineering 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 Engineering 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 Engineering Private Limited
Lirco Engineering has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACB8431B1ZA | 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 Engineering 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 Engineering Private Limited
Lirco Engineering is an active private limited company based in Dist Gandhinagar, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 13 August 1998 (28+ years old) and is registered under CIN U28100GJ1998PTC034524.
Lirco Engineering reported revenue of ₹7.67 Cr for FY 2024 (up 4115% YoY).
Lirco Engineering has 4 current directors:
- Chuni Lal Patel - Director
- Arvind Vastaram Patel - Director
- Gangaram Patel - Director
- Jagdishbhai Chunilal Patel - Director
Lirco Engineering reported a net loss of ₹71.71 Lakh (net margin -9.4%) and EBITDA of ₹15.28 Lakh (EBITDA margin 2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Lirco Engineering is 435% over three years and 9% over five years. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Lirco Engineering is 24AAACB8431B1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Lirco Engineering is U28100GJ1998PTC034524. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lirco Engineering has 2 court cases on record: 2 filed against it.
Lirco Engineering was incorporated on 13 August 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Gangaram Patel ceased to be Additional Director on 30 Sep 2022. Gangaram Patel was appointed as Director on 30 Dec 2021. Vastaram Kanji Patel ceased to be Director on 24 Dec 2021. Lirco Engineering has 10 board changes on record in total.