About LMP Precision Engineering Company Private Limited
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LMP Precision Engineering Company Private Limited is a private limited company based in Navsari, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 07 October 1969 and has been in existence for over 57 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29199GJ1969PTC001639. Its GSTIN is 24AAACL4844J1ZI (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹99.66 Lakh. It was formerly known as Lmp Precision Engineering Company Limited. It is led by directors including Prakashkumar Chhaganlal Patel (Managing Director) and Kantibhai Somabhai Patel.
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 Plot No 2 – P & 3G I D C Antalia – 25 Via – Bilimora Dist, Navsari, Gujarat, India – 396321.
As per the financials filed for FY 2024, the company reported a revenue of ₹25.66 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹20.79 Lakh (net margin -81%) and EBITDA of -₹17.31 Lakh (EBITDA margin -67.5%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 23% over five years.
As per MCA filings, the company has satisfied charges of ₹19.39 Cr on record. Court records list 37 cases involving the company, including 4 filed by the company and 33 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lmpprecision.com.
Company details
Contact details
LMP Precision Engineering Company Private Limited's registered office is in Navsari, Gujarat. Its website is lmpprecision.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 2 – P & 3G I D C Antalia – 25 Via – Bilimora Dist, Navsari, Gujarat, India – 396321
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of LMP Precision Engineering Company Private Limited, buy the company report.
- 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
Business activity
The main business activity of LMP Precision Engineering Company is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
Financials of LMP Precision Engineering Company Private Limited
FY 2025 filings availableLMP Precision Engineering Company Private Limited reported revenue of ₹25.66 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 23% over five years, including a 8% fall in the latest year. EBITDA fell 219% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹17.31 Lakh | ||||
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| Net Profit (PAT) | -₹20.79 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -67.5% | ||||
| Net Profit Margin | -81% | ||||
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To see the full financial statements and ratios of LMP Precision Engineering Company Private Limited, buy the company report.
Board of directors of LMP Precision Engineering Company Private Limited
LMP Precision Engineering Company has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kantibhai Somabhai Patel Also directs: Vijaylaxmi Salt Works Private Limited, Oceanic Chlorides (India) Private Limited, Devanand Salt Works Private Limited and 1 more | Director | 15 Sep 2002 | 24 Years 1 Months | Current |
| Dahyabhai Ambaram Patel | Director | 30 Jul 2001 | 25 Years 2 Months | Current |
| Prakashkumar Chhaganlal Patel | Managing Director | 30 Jul 2001 | 25 Years 2 Months | Current |
| Anand Prakashbhai Patel | Director | 05 Mar 2005 | 21 Years 7 Months | Current |
Auditor
LMP Precision Engineering Company Private Limited is audited by S. M. DESAI & COMPANY for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. M. DESAI & COMPANY | FY 2022 | 015900 |
Shareholding
The shareholding of LMP Precision Engineering Company Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of LMP Precision Engineering Company Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 2010 | 10436462 | Dena Bank | ₹9.68 Cr | Satisfied | |
| 01 Aug 2009 | 10174131 | Dena Bank | ₹20.96 Lakh | Satisfied | |
| 07 Jun 2001 | 90102690 | Dena Bank | ₹9.5 Cr | Satisfied |
To see the full charge records of LMP Precision Engineering Company Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
LMP Precision Engineering Company Private Limited has 37 court cases on record: 4 filed by LMP Precision Engineering Company, 33 filed against it. 1 case is pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 24 | 0 |
| District courts | 10 | 9 | 1 |
Cases on record (5 of 37)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Dibrugarh, Assam | Civil suit | Filed against the company by Atw (India) Pvt. Ltd. | Pending |
| High Court, GUJARAT | Special civil application | Filed by the company against Gujarat Small Industries Corporation Limited and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CMA DC) | Filed by the company against Gujarat Small Industries Corporation Limited and 3 others | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Jyoti Limited | Disposed |
| High Court, GUJARAT | Court case (COMP) | Filed against the company by Kirloskar Electric Company Limited. | Disposed |
To see the full case history of LMP Precision Engineering Company Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for LMP Precision Engineering Company Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
LMP Precision Engineering Company has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACL4844J1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of LMP Precision Engineering Company Private Limited, buy the company report.
Recent activity
LMP Precision Engineering Company Private Limited has 7 board changes on record since 2001: 4 appointments and 3 cessations. The latest: Praman Vikram Naik ceased to be Additional Director on 27 Sep 2012.
5 earlier events are in the company report.
Frequently asked questions
LMP Precision Engineering Company is an active private limited company based in Navsari, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 07 October 1969 (57+ years old) and is registered under CIN U29199GJ1969PTC001639.
LMP Precision Engineering Company has 4 current directors:
- Prakashkumar Chhaganlal Patel - Managing Director
- Kantibhai Somabhai Patel - Director
- Dahyabhai Ambaram Patel - Director
- Anand Prakashbhai Patel - Director
The latest financial statements of LMP Precision Engineering Company on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of LMP Precision Engineering Company is 24AAACL4844J1ZI, registered in Gujarat.
The CIN (Corporate Identification Number) of LMP Precision Engineering Company is U29199GJ1969PTC001639. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LMP Precision Engineering Company has 37 court cases on record: 4 filed by the company and 33 filed against it. 1 is pending. Most are in the high courts.
LMP Precision Engineering Company was incorporated on 07 October 1969, making it 57+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Praman Vikram Naik ceased to be Additional Director on 27 Sep 2012. Vikram Bhikhubhai Naik ceased to be Additional Director on 27 Sep 2012. Natvarlal Gangaram Patel ceased to be Director on 01 Jul 2010. LMP Precision Engineering Company has 7 board changes on record in total.
LMP Precision Engineering Company can be reached through the website lmpprecision.com. Its registered office is in Navsari, Gujarat, India.
The registered office of LMP Precision Engineering Company is at Plot No 2 – P & 3G I D C Antalia – 25 Via – Bilimora Dist, Navsari, Gujarat, India – 396321.