Lotus Surface Coatings Pvt Ltd
About Lotus Surface Coatings Pvt Ltd
Data last updated:
Lotus Surface Coatings Pvt Ltd was a private limited company based in Pune, Maharashtra, 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 industrial control valves and systems segment of the machinery and industrial equipment sector. It was incorporated on 25 August 1993.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U24224MH1993PTC073629. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It was led by directors Mihir Prakash Gogte and Nivedita Mihir Gogte.
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 was at Pune, Maharashtra.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.91 Lakh, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹1.07 Lakh (net margin 55.9%) and EBITDA of ₹1.49 Lakh (EBITDA margin 78%). Revenue has declined at a compounded annual rate (CAGR) of 74% over three years and 61% over five years.
As per MCA filings, the company has satisfied charges of ₹25 Lakh on record.
Company details
Contact details
Lotus Surface Coatings Pvt Ltd's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address64/11 Erandwana, Karve Road, Pune, Maharashtra, India – 411004
- IndustryMachinery and Equipment, Industrial Control Valves & Systems
To see the full contact details of Lotus Surface Coatings Pvt 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 Lotus Surface Coatings Pvt Ltd
FY 2023 filings availableLotus Surface Coatings Pvt Ltd reported revenue of ₹1.91 Lakh (up 1% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 61%. EBITDA rose 52% 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 |
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| EBITDA | ₹1.49 Lakh | ||||
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| Net Profit (PAT) | ₹1.07 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 78% | ||||
| Net Profit Margin | 55.9% | ||||
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To see the full financial statements and ratios of Lotus Surface Coatings Pvt Ltd, buy the company report.
Board of directors of Lotus Surface Coatings Pvt Ltd
Lotus Surface Coatings 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 |
|---|---|---|---|---|
| Nivedita Mihir Gogte | Additional Director | 23 Feb 2024 | 2 Years 8 Months | As last reported |
| Mihir Prakash Gogte Also directs: Velozone Active Holidays LLP, Lotus Surface Coatings LLP, Vardhan Works Pvt Ltd and 1 more | Director | 03 May 2004 | 22 Years 5 Months | As last reported |
Peer comparison
Lotus Surface Coatings Pvt Ltd is compared with the 7 companies closest to it by revenue in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bemco Fluidtechnik Private Limited | ₹3.84 Lakh (FY 2016) | Belgaum, Karnataka, India | ||||
| Sonil Valves Private Limited | ₹3.04 Lakh (FY 2025) | 12.0% | Jamnagar, Gujarat, India | |||
| Normex Valves Pvt Ltd | ₹1.94 Lakh (FY 2024) | 19.0% | Pune, Maharashtra, India | |||
| Lotus Surface Coatings Pvt Ltdthis company | ₹1.91 Lakh (FY 2023) | ₹1.07 Lakh | 55.9% | 1.0% | Pune, Maharashtra, India | |
| Radheya Engine Valves Private Limited | ₹1.74 Lakh (FY 2018) | -78.0% | Pune, Maharashtra, India | |||
| Vulcan Valves Technologies Private Limited | ₹1.69 Lakh (FY 2025) | -99.0% | Hyderabad, Telangana, India | |||
| Asvik Valves Private Limited | ₹1.63 Lakh (FY 2024) | 3001.0% | Mumbai, Maharashtra, India | |||
| Aquavari Technical Solutions Private Limited | ₹1.61 Lakh (FY 2023) | -98.0% | Pune, Maharashtra, India |
To see the full peer comparison of Lotus Surface Coatings Pvt Ltd, buy the company report.
Auditor
Lotus Surface Coatings Pvt Ltd is audited by SANJAY RISBUD & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANJAY RISBUD & CO. | FY 2022 | 044429 |
Shareholding
The shareholding of Lotus Surface Coatings Pvt Ltd is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lotus Surface Coatings Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2006 | 10010865 | Concord Marketing and Financiers Private Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Lotus Surface Coatings Pvt Ltd, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Lotus Surface Coatings Pvt Ltd 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 Surface Coatings Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lotus Surface Coatings 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 Surface Coatings Pvt Ltd, buy the company report.
Recent activity
Lotus Surface Coatings Pvt Ltd has 6 board changes on record since 2004: 2 appointments and 4 cessations. The latest: Nivedita Mihir Gogte was appointed as Additional Director on 23 Feb 2024.
Frequently asked questions
Lotus Surface Coatings 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.
Lotus Surface Coatings was a private limited company based in Pune, Maharashtra, India. The company worked in industrial control valves and systems, within the machinery and equipment industry. It was incorporated on 25 August 1993 and is registered under CIN U24224MH1993PTC073629. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Lotus Surface Coatings is U24224MH1993PTC073629. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotus Surface Coatings had 2 directors:
- Nivedita Mihir Gogte - Additional Director
- Mihir Prakash Gogte - Director
Lotus Surface Coatings was incorporated on 25 August 1993. It is registered with the Registrar of Companies, Pune.
The registered office of Lotus Surface Coatings is at 6411 Erandwana, Karve Road, Pune, Maharashtra, India – 411004.
The latest financial statements of Lotus Surface Coatings 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.
No. Lotus Surface Coatings has 1 GST registration on record and it is cancelled or inactive.
Lotus Surface Coatings operated in the machinery and equipment industry, in the industrial control valves and systems segment.
The peers of Lotus Surface Coatings by revenue are Bemco Fluidtechnik Private Limited, Sonil Valves Private Limited, Normex Valves Pvt Ltd, Radheya Engine Valves Private Limited, Vulcan Valves Technologies Private Limited and 2 more, all in the Machinery and Equipment industry (Control Valves), with the same principal business activity (metal and metal products).
Nivedita Mihir Gogte was appointed as Additional Director on 23 Feb 2024. Sagar Vishnu Jog ceased to be Additional Director on 29 Sep 2023. Prakash Ramchandra Gogte ceased to be Director on 08 Dec 2022. Lotus Surface Coatings has 6 board changes on record in total.