Lokvikas Dairy Private Limited
About Lokvikas Dairy Private Limited
Data last updated:
Lokvikas Dairy Private Limited is a private limited company based in Karmala, Maharashtra, India. It operates in the dairy products and milk processing segment of the food and beverages sector. It was incorporated on 19 March 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U15200PN2009PTC133667.
The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹21.85 Lakh. It is led by directors Shahaji Appasaheb Deshmukh and Dipak Laxman Deshmukh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at At Post Wangi 1, Karmala, Maharashtra, India – 413202.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.56 Cr, a growth of 64% compared to the previous year. For the same year it recorded a net profit of ₹71,609 (net margin 0%) and EBITDA of ₹17.11 Lakh (EBITDA margin 1.1%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 5% over five years.
As per MCA filings, the company has open charges of ₹1.1 Cr on record. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Lokvikas Dairy Private Limited's registered office is in Karmala, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAt Post Wangi 1, Karmala, Maharashtra, India – 413202
- IndustryFood and Beverages, Dairy Products & Milk Processing
To see the full contact details of Lokvikas Dairy 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 Lokvikas Dairy is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Lokvikas Dairy Private Limited, buy the company report.
Financials of Lokvikas Dairy Private Limited
FY 2023 filings availableLokvikas Dairy Private Limited reported revenue of ₹15.56 Cr (up 64% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 64% growth in the latest year. EBITDA fell 7% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15.56 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹17.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71,609 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.1% | ||||
| Net Profit Margin | 0% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lokvikas Dairy Private Limited, buy the company report.
Board of directors of Lokvikas Dairy Private Limited
Lokvikas Dairy has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahaji Appasaheb Deshmukh | Director | 17 Aug 2012 | 14 Years 2 Months | Current |
| Dipak Laxman Deshmukh | Director | 19 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Lokvikas Dairy Private Limited is audited by R.V. BAJAJ & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.V. BAJAJ & CO | FY 2023 | 121486W |
Shareholding
The shareholding of Lokvikas Dairy Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lokvikas Dairy Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Mar 2015 | 10599965 | Bank of Maharashtra | ₹60 Lakh | Open | |
| 23 Sep 2010 | 10247979 | Dombivali Nagari Sahakari Bank Ltd. | ₹50 Lakh | Open |
Total charge records: 2 View all charges
Legal cases
Lokvikas Dairy Private Limited has 6 court cases on record: 3 filed by Lokvikas Dairy, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLAT | 3 | 3 | 0 |
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vadilal Industries Ltd and 2 others | Disposed |
| NCLT, Mumbai | Insolvency matter | Filed by the company against Vaishno Devi Food Products Private Limited & Ors | Disposed |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by State of Maharashtra | Disposed |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by State of Maharashtra | Disposed |
| District court, Solapur, Maharashtra | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of Lokvikas Dairy 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 Lokvikas Dairy Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lokvikas Dairy Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lokvikas Dairy Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Kisan Namdeo Fartade ceased to be Additional Director on 25 Nov 2021.
Frequently asked questions
Lokvikas Dairy is an active private limited company based in Karmala, Maharashtra, India. The company works in dairy products and milk processing, within the food and beverages industry. It was incorporated on 19 March 2009 (17+ years old) and is registered under CIN U15200PN2009PTC133667.
Lokvikas Dairy has 2 current directors:
- Shahaji Appasaheb Deshmukh - Director
- Dipak Laxman Deshmukh - Director
The latest financial statements of Lokvikas Dairy on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Lokvikas Dairy is U15200PN2009PTC133667. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lokvikas Dairy has 6 court cases on record: 3 filed by the company and 3 filed against it. Most are in the nclat.
Lokvikas Dairy was incorporated on 19 March 2009, making it 17+ years old. It is registered with the Registrar of Companies, Pune.
Kisan Namdeo Fartade ceased to be Additional Director on 25 Nov 2021. Vandana Kisan Fartade ceased to be Additional Director on 25 Nov 2021. Sachin Deshmukh ceased to be Director on 11 Oct 2012. Lokvikas Dairy has 6 board changes on record in total.
The registered office of Lokvikas Dairy is at At Post Wangi 1, Karmala, Maharashtra, India – 413202.
Lokvikas Dairy operates in the food and beverages industry, in the dairy products and milk processing segment.
Lokvikas Dairy has open charges of ₹1.1 Cr and no satisfied charges on record as per latest MCA filings.
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