Lomac Strips Ltd
About Lomac Strips Ltd
Data last updated:
Lomac Strips Ltd was a public limited company based in Chandigarh, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 24 October 1988.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27200CH1988PLC008784.
The company had an authorised share capital of ₹15 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Lomac Strips Pvt Ltd.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at #174 Sector – 9A Chandigarh, Chandigarh, India – 160009.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.5 Lakh, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹3,177 (net margin 2.1%) and EBITDA of ₹7,082 (EBITDA margin 4.7%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 56% over five years.
As per MCA filings, the company has satisfied charges of ₹14.5 Lakh on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
Company details
CIN history
Lomac Strips has one previous CIN (Corporate Identification Number): U27200CH1988PTC008784. The current CIN is U27200CH1988PLC008784, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27200CH1988PLC008784 | Current |
| U27200CH1988PTC008784 | Previous |
Contact details
Lomac Strips Ltd's registered office is in Chandigarh, Chandigarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address#174 Sector – 9A Chandigarh, Chandigarh, India – 160009
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of Lomac Strips Ltd, 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
Financials of Lomac Strips Ltd
FY 2020 filings availableLomac Strips Ltd reported revenue of ₹1.5 Lakh (down 38% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 56% over five years, including a 38% fall in the latest year. EBITDA fell 94% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.5 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7,082 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3,177 | ||||
| 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 2.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Lomac Strips Ltd, buy the company report.
Board of directors of Lomac Strips Ltd
Lomac Strips has 8 former directors on record and no current directors listed.
Peer comparison
Lomac Strips Ltd is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Metals), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Surana Metals Ltd | ₹1.52 Lakh (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Skytech Metal (India) Private Limited | ₹1.52 Lakh (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| Pawan Steel Tubes Private Limited | ₹1.51 Lakh (FY 2023) | 0.0% | Punjab, India | |||
| Beacon Metals (India) Pvt Ltd | ₹1.5 Lakh (FY 2025) | -26.0% | Delhi, India | |||
| Jhalani Ferro Alloys Private Limited | ₹1.5 Lakh (FY 2025) | Delhi, India | ||||
| Lomac Strips Ltdthis company | ₹1.5 Lakh (FY 2020) | ₹3,177 | 2.1% | -38.0% | Chandigarh, India | |
| GRM Metals Private Limited | ₹1.49 Lakh (FY 2017) | New Delhi, Delhi, India | ||||
| Angarak Metals Private Limited | ₹1.49 Lakh (FY 2022) | Ujjain, Madhya Pradesh, India | ||||
| Agarmet Alloys Pvt Ltd | ₹1.48 Lakh (FY 2025) | -39.0% | Mumbai, Maharashtra, India | |||
| Kumar Metals and Alloys Private Limited | ₹1.47 Lakh (FY 2021) | Delhi, India | ||||
| Jupiter Metal Products Private Limited | ₹1.47 Lakh (FY 2019) | -21.0% | Nagpur, Maharashtra, India |
To see the full peer comparison of Lomac Strips Ltd, buy the company report.
Auditor
Lomac Strips Ltd is audited by PREM GARG & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PREM GARG & ASSOCIATES | FY 2020 | 014440N |
Shareholding
The shareholding of Lomac Strips Ltd is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lomac Strips Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Nov 1989 | 90177154 | State Bank of India | ₹2 Lakh | Satisfied | |
| 02 Nov 1989 | 90179092 | State Bank of India | ₹2 Lakh | Satisfied | |
| 02 May 1989 | 90177113 | State Bank of India | ₹3.5 Lakh | Satisfied | |
| 02 May 1989 | 90179052 | State Bank of India | ₹3.5 Lakh | Satisfied | |
| 02 May 1989 | 90181491 | State Bank of India | ₹3.5 Lakh | Satisfied |
To see the full charge records of Lomac Strips Ltd, buy the company report.
Total charge records: 5 View all charges
Legal cases
Lomac Strips Ltd has 2 court cases on record: 1 filed by Lomac Strips, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, CHANDIGARH (UT) | Revision petition | Filed by the company against JCT Limited | Disposed |
| High Court, CHANDIGARH (UT) | Revision petition | Filed against the company by M/S Shiva Steel Industries and Anr. | Disposed |
To see the full case history of Lomac Strips Ltd, 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 Lomac Strips Ltd; 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 Lomac Strips Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lomac Strips Ltd has 8 board changes on record since 2018: 0 appointments and 8 cessations. The latest: Brajesh Kumar ceased to be Director on 20 May 2021.
12 earlier events are in the company report.
Frequently asked questions
Lomac Strips has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Lomac Strips was a public limited company based in Chandigarh, India. The company worked in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 24 October 1988 and is registered under CIN U27200CH1988PLC008784. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Lomac Strips is U27200CH1988PLC008784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lomac Strips was incorporated on 24 October 1988. It is registered with the Registrar of Companies, Chandigarh.
The registered office of Lomac Strips is at #174 Sector – 9A Chandigarh, Chandigarh, India – 160009.
The latest financial statements of Lomac Strips on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
Lomac Strips operated in the metals and minerals industry, in the metal manufacturing and processing segment.
The peers of Lomac Strips by revenue are Surana Metals Ltd, Skytech Metal (India) Private Limited, Pawan Steel Tubes Private Limited, Beacon Metals (India) Pvt Ltd, Jhalani Ferro Alloys Private Limited and 5 more, all in the Metals and Minerals industry (Metals).
Lomac Strips has 2 court cases on record: 1 filed by the company and 1 filed against it.
Brajesh Kumar ceased to be Director on 20 May 2021. Rakesh Singhal ceased to be Director on 20 May 2021. Vatsala Singhal ceased to be Director on 20 May 2021. Lomac Strips has 8 board changes on record in total.
Lomac Strips has no open charges and satisfied charges of ₹14.5 Lakh as per latest MCA filings.