About Lotus Environment Technology Private Limited
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Lotus Environment Technology Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 06 June 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U90001PN2011PTC139766. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Santosh Somnath Latnekar and Sachin Kalbhor.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at Off No.111 South Block A Fortune Estate Aakashwani Hadapsar Pune, Maharashtra, India – 411028.
As per the financials filed for FY 2018, the company reported a revenue of ₹1.18 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.85 Lakh (net margin 2.4%) and EBITDA of ₹10.71 Lakh (EBITDA margin 9%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
The company has about 4 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49.7 Lakh 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 lotusenvitech.co.in.
Company details
Contact details
Lotus Environment Technology Private Limited's registered office is in Pune, Maharashtra. Its website is lotusenvitech.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressOff No.111 South Block A Fortune Estate Aakashwani Hadapsar Pune, Maharashtra, India – 411028
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Lotus Environment Technology 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 Lotus Environment Technology is water supply, sewerage and waste management. In detail, this covers waste collection, treatment and disposal activities, materials recovery and other waste management services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| E | Water supply, sewerage and waste management | E3 | Waste collection, treatment and disposal activities, materials recovery and Other waste management services |
To see the full business activity and turnover split of Lotus Environment Technology Private Limited, buy the company report.
Financials of Lotus Environment Technology Private Limited
FY 2018 filings availableLotus Environment Technology Private Limited reported revenue of ₹1.18 Cr (down 10% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 10% fall in the latest year. EBITDA fell 42% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹1.18 Cr | |||
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| EBITDA | ₹10.71 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.85 Lakh | |||
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Financial Ratios
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 9% | |||
| Net Profit Margin | 2.4% | |||
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To see the full financial statements and ratios of Lotus Environment Technology Private Limited, buy the company report.
Board of directors of Lotus Environment Technology Private Limited
Lotus Environment Technology has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Santosh Somnath Latnekar | Director | 06 Jun 2011 | 15 Years 4 Months | Current |
| Sachin Kalbhor Also directs: Bhushakti Biotech LLP, Seve Soiltech Private Limited | Director | 06 Jun 2011 | 15 Years 4 Months | Current |
Auditor
Lotus Environment Technology Private Limited is audited by S A A J & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S A A J & ASSOCIATES | FY 2018 | 119978W |
Shareholding
The shareholding of Lotus Environment Technology Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Lotus Environment Technology Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Aug 2014 | 10536638 | Edelweiss Housing Finance Limited | ₹49.7 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Lotus Environment Technology Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Lotus Environment Technology Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lotus Environment Technology Private Limited has a workforce of 4 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Lotus Environment Technology has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Lotus Environment Technology Private Limited, buy the company report.
Recent activity
Lotus Environment Technology Private Limited has 2 board changes on record since 2011: 2 appointments. The latest: Sachin Kalbhor was appointed as Director on 06 Jun 2011.
Frequently asked questions
Lotus Environment Technology is an active private limited company based in Pune, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 06 June 2011 (15+ years old) and is registered under CIN U90001PN2011PTC139766.
Lotus Environment Technology has 2 current directors:
- Santosh Somnath Latnekar - Director
- Sachin Kalbhor - Director
The latest financial statements of Lotus Environment Technology on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
No. Lotus Environment Technology has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lotus Environment Technology is U90001PN2011PTC139766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Environment Technology was incorporated on 06 June 2011, making it 15+ years old. It is registered with the Registrar of Companies, Pune.
Sachin Kalbhor was appointed as Director on 06 Jun 2011. Santosh Somnath Latnekar was appointed as Director on 06 Jun 2011.
Lotus Environment Technology can be reached through the website lotusenvitech.co.in. Its registered office is in Pune, Maharashtra, India.
The registered office of Lotus Environment Technology is at Off No.111 South Block A Fortune Estate Aakashwani Hadapsar Pune, Maharashtra, India – 411028.
Lotus Environment Technology operates in the machinery and equipment industry, in the industrial machinery retail and distribution segment.