Lotus Projects Private Limited

Lotus Projects Private Limited - agriculture in Siliguri, West Bengal, India. FY 2026 financials & compliance.
CIN U51909WB1994PTC064448 Incorporated 11 August 1994 ROC Kolkata HQ Siliguri, West Bengal, India
Active Private Limited Company agriculture MSME · Medium
Data last updated
Revenue · FY 2025
₹34.93 Cr
▼ 5% YoY
Net profit · FY 2025
₹94.45 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹20.76 Cr
EBITDA margin 59.4%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹3 Cr
Issued & subscribed
Open charges
₹125 Cr
Satisfied ₹9.62 Cr
Company age
32 yrs
Est. 1994
Directors on board
4
As per MCA filings

About Lotus Projects Private Limited

Data last updated:

Lotus Projects Private Limited is a private limited company based in Siliguri, West Bengal, India. It operates in the tea and coffee processing segment of the agriculture sector. It was incorporated on 11 August 1994 and has been in existence for over 32 years.

Its director Dilip Ray and family are #1,320 among India's richest people (2026).

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB1994PTC064448. Its GSTIN is 19AAACL5161G1ZK (West Bengal). The company holds 2 GST registrations, all of them active.

The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹3 Cr. It was formerly known as Lotus Projects Pvt Ltd. It is led by directors including Binod Behari Baral and Sanjana Ray.

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 Siliguri, West Bengal.

As per the financials filed for FY 2025, the company reported a revenue of ₹34.93 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹94.45 Lakh (net margin 2.7%) and EBITDA of ₹20.76 Cr (EBITDA margin 59.4%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 23% over five years.

Its group structure includes 1 subsidiary.

As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹9.62 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 1 case is pending. The company has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹14.89 Cr; the latest was in March 2018.

Lotus Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-06-0000020). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U51909WB1994PTC064448
Registration Number 064448
Incorporation Date 11 August 1994
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-WB-06-0000020
Key People
Binod Behari Baral Director Sanjana Ray Director Manoja Kumar Gouda Director

Recognitions & Rankings of Lotus Projects

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-WB-06-0000020
India's Richest People 2026 edition · 1 director · Source: Hurun India

Contact details

Lotus Projects Private Limited's registered office is in Siliguri, West Bengal. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    New Chumta, Sukna, Siliguri, West Bengal, India – 734009
  • Industry
    Agriculture, Tea & Coffee Processing

To see the full contact details of Lotus Projects Private Limited, buy the company report.

Comprehensive company report
Lotus Projects Private Limited - one report that includes everything
  • 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
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Business activity

The main business activities of Lotus Projects are manufacturing and real estate activities. In detail, this covers manufacture of food products and real estate activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturing10Manufacture of food products
LReal estate activities68Real estate activities

To see the full business activity and turnover split of Lotus Projects Private Limited, buy the company report.

Financials of Lotus Projects Private Limited

FY 2025 filings available

Lotus Projects Private Limited reported revenue of ₹34.93 Cr (down 5% YoY) for FY 2025.

Revenue · FY 2025
₹34.93 Cr ▼ 5%
Net profit · FY 2025
₹94.45 Lakh margin 2.7%
EBITDA · FY 2025
₹20.76 Cr margin 59.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 5%
3 years · compounded
▲ 3%
5 years · compounded
▲ 23%
EBITDA CAGR growth
1 year
▼ 13%
5 years · compounded
▲ 44%

Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 23%. EBITDA fell 13% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹20.76 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹94.45 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin59.4%
Net Profit Margin2.7%
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 Lotus Projects Private Limited, buy the company report.

Board of directors of Lotus Projects Private Limited

Lotus Projects has 4 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Binod Behari Baral
Also directs: Mayfair Hotels & Resorts (Bengal) Private Limited, Jute & Stores Ltd
Director13 Mar 20188 Years 7 MonthsCurrent
Sanjana Ray
Also directs: Mayfair Hotels & Resorts Limited
Director20 Aug 20251 Years 2 MonthsCurrent
Manoja Kumar Gouda
Also directs: Mayfair Elixir Private Limited, Mayfair Hotels & Resorts (Vizag) Private Limited, Mayfair Hotels & Resorts Limited and 4 more
Director24 Apr 20179 Years 6 MonthsCurrent
Dilip Kumar Ray
Also directs: Mayfair Elixir Private Limited, Mayfair Hotels & Resorts (Vizag) Private Limited, Mayfair Hotels & Resorts Limited and 1 more
Director24 Apr 20179 Years 6 MonthsCurrent
View all directors

Auditor

Lotus Projects Private Limited is audited by P.A. & Associates for the financial year 2022.

Auditor firmFinancial yearFirm registration number
P.A. & AssociatesFY 2022313085E

Shareholding

The shareholding of Lotus Projects 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Lotus Projects Private Limited, buy the company report.

Charges & borrowings

Open charges
₹125 Cr
Satisfied charges
₹9.62 Cr
Breakdown by lending institutions
Indian Bank₹125.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
21 Oct 2025101182184Indian Bank₹125 CrOpen
05 Dec 201510608811State Bank of India₹11.28 LakhSatisfied
30 Oct 201510604194State Bank of India₹9.5 CrSatisfied

To see the full charge records of Lotus Projects Private Limited, buy the company report.

Total charge records: 3 View all charges

Deals & funding

Lotus Projects Private Limited has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹14.89 Cr; the latest was in March 2018.

Total deals
9
Secondary share transfers
6
Funding rounds
3
Disclosed funding
₹14.89 Cr

Deals on record (5 of 9)

WhenDealAmountParties
Mar 2018Secondary share transferUndisclosedBuyer: Mayfair Hotels and Resorts (Sikkim) Limited, an individual
Seller: Mayfair Hotels & Resorts Limited , an individual
Apr 2017Funding round₹8.09 CrInvestors: Mayfair Hotels & Resorts Limited
Mar 2015Secondary share transferUndisclosedBuyer: 3 individuals
Seller: Supermax Vinimay Pvt Ltd , 3 individuals
Mar 2009Secondary share transferUndisclosedBuyer: Supermax Vinimay Pvt Ltd
Seller: Annapurna Leasing & Marketing Pvt Ltd
Mar 2006Secondary share transferUndisclosedBuyer: Annapurna Leasing & Marketing Pvt Ltd
Seller: 2 individuals

To see the full deal history of Lotus Projects Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Lotus Projects Private Limited was last rated by Crisil on 16 Oct 2020.

Rating agencyRated onRating
Crisil16 Oct 2020

To see the full credit ratings and regulatory alerts of Lotus Projects Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Lotus Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Lotus Projects has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mayfair Hotels & Resorts (Bengal) Private LimitedU55204WB2021PTC243156

To see the full group structure of Lotus Projects Private Limited, buy the company report.

GST

Lotus Projects has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
19AAACL5161G1ZKWest BengalActive01 Jul 2017
19AAACL5161G2ZJWest BengalActive20 Sep 2018

To see the full GST registrations and return filing status of Lotus Projects Private Limited, buy the company report.

Recent activity

Lotus Projects Private Limited has 14 board changes on record since 2010: 4 appointments and 10 cessations. The latest: Harsh Agarwal ceased to be Director on 20 Aug 2025.

Charges
A charge with Indian Bank amounted to Rs. 125.00 Cr with Charge ID 101182184 was registered on 21 Oct 2025.
AGM
Lotus Projects Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 05 Dec 2015 via Charge ID 10608811 with State Bank Of India was fully satisfied on 01 Sep 2025.
Charges
A charge registered on 30 Oct 2015 via Charge ID 10604194 with State Bank Of India was fully satisfied on 01 Sep 2025.
Ceased
Harsh Agarwal ceased to be Director.
Appointed
Sanjana Ray was appointed as Director.
Filing
Lotus Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata.
Charges
A charge with State Bank Of India of Rs. 9.50 Cr registered on 30 Oct 2015 with Charge ID 10604194 was modified on 26 Nov 2024.
Ceased
Binod Behari Baral ceased to be Additional Director.
Appointed
Binod Behari Baral was appointed as Director.
Ceased
Dilip Kumar Agarwal ceased to be Additional Director.
Ceased
Dilip Kumar Ray ceased to be Additional Director.

11 earlier events are in the company report.

Frequently asked questions

Lotus Projects is an active private limited company based in Siliguri, West Bengal, India. The company works in tea and coffee processing, within the agriculture industry. It was incorporated on 11 August 1994 (32+ years old) and is registered under CIN U51909WB1994PTC064448.

Lotus Projects has 4 current directors:

The latest financial statements of Lotus Projects 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 Lotus Projects is 19AAACL5161G1ZK, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 19AAACL5161G2ZJ (West Bengal).

The CIN (Corporate Identification Number) of Lotus Projects is U51909WB1994PTC064448. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Lotus Projects has 5 court cases on record: 2 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.

Lotus Projects was incorporated on 11 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.

Lotus Projects has 9 deals on record (6 secondary share transfers, 3 funding rounds), with disclosed funding of ₹14.89 Cr; the latest was in March 2018.

Harsh Agarwal ceased to be Director on 20 Aug 2025. Sanjana Ray was appointed as Director on 20 Aug 2025. Binod Behari Baral ceased to be Additional Director on 22 Sep 2018. Lotus Projects has 14 board changes on record in total.

Yes, Lotus Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-06-0000020).