About Luthra Water Systems Private Limited
Data last updated:
Luthra Water Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of S K Paul Clearing Agencies Private Limited. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the non-alcoholic beverage manufacturing and distribution segment of the food and beverages sector. It was incorporated on 11 April 2000.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15540MH2000PTC125779. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.5 Cr. It is led by directors including Naveen Luthra (Managing Director) and Arun Luthra.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 22 – 25 Trinity Chambers115 – 117 Bora Bazar Street Fort, Mumbai, Maharashtra, India – 400001.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.51 Cr, a decline of 24% compared to the previous year. For the same year it recorded a net loss of ₹30.03 Lakh (net margin -8.6%) and EBITDA of ₹1.11 Cr (EBITDA margin 31.5%).
As per MCA filings, the company has open charges of ₹4.76 Cr and satisfied charges of ₹4.24 Cr on record. Court records list 22 cases involving the company, including 4 filed by the company and 18 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in September 2011.
The last known website on record is mulshisprings.com.
Company details
Contact details
Luthra Water Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is mulshisprings.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address22 – 25 Trinity Chambers115 – 117 Bora Bazar Street Fort, Mumbai, Maharashtra, India – 400001
- IndustryFood and Beverages, Non-Alcoholic Beverage Manufacturing & Distribution
To see the full contact details of Luthra Water Systems 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 Luthra Water Systems 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 Luthra Water Systems Private Limited, buy the company report.
Financials of Luthra Water Systems Private Limited
FY 2017 filings availableLuthra Water Systems Private Limited reported revenue of ₹3.51 Cr (down 24% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 24% in the latest year. EBITDA fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.51 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.11 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹30.03 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 31.5% | |
| Net Profit Margin | -8.6% | |
| 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 Luthra Water Systems Private Limited, buy the company report.
Board of directors of Luthra Water Systems Private Limited
Luthra Water Systems has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Naveen Luthra | Managing Director | 11 Apr 2000 | 26 Years 6 Months | As last reported |
| Arun Luthra | Director | 11 Apr 2000 | 26 Years 6 Months | As last reported |
| Mala Umesh Mehta | Director | 11 Apr 2000 | 26 Years 6 Months | As last reported |
Auditor
Luthra Water Systems Private Limited is audited by C K PATIL & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C K PATIL & CO | FY 2016 | 107803W |
Shareholding
The shareholding of Luthra Water Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Luthra Water Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2015 | 10610429 | Bell Finvest(India) Limited. | ₹1.72 Cr | Open | |
| 30 Sep 2014 | 10523604 | Corporation Bank | ₹72.39 Lakh | Open | |
| 30 Sep 2014 | 10523605 | Corporation Bank | ₹31.77 Lakh | Open | |
| 30 Sep 2014 | 10523951 | Corporation Bank | ₹2 Cr | Open | |
| 16 Sep 2013 | 10457486 | Oriental Bank of Commerce | ₹39 Lakh | Satisfied |
To see the full charge records of Luthra Water Systems Private Limited, buy the company report.
Total charge records: 8 View all charges
Deals & funding
Luthra Water Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in September 2011.
To see the full deal history of Luthra Water Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Luthra Water Systems Private Limited has 22 court cases on record: 4 filed by Luthra Water Systems, 18 filed against it. 1 case is pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 16 | 1 |
| High courts | 6 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed against the company by Jai Glass India Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMONS FOR JUDGT) | Filed against the company by Conde Nast (India) Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by Vin Vin Enterprises Pvt. Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Civil suit | Filed against the company by Bell Finvest (India) Limited Th Mr Bhupesh Rathod | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (SUMMARY CIVIL SUIT) | Filed against the company by Conde Nast (India) Pvt. Ltd. | Disposed |
To see the full case history of Luthra Water Systems 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 Luthra Water Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Luthra Water Systems 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 Luthra Water Systems Private Limited, buy the company report.
Recent activity
Luthra Water Systems Private Limited has 4 board changes on record since 2000: 3 appointments and 1 cessation. The latest: Naveen Luthra ceased to be Director on 15 Jul 2014.
7 earlier events are in the company report.
Frequently asked questions
Luthra Water Systems is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Luthra Water Systems is a company under liquidation, formerly operating as a private limited company based in Mumbai, Maharashtra, India. The company works in non-alcoholic beverage manufacturing and distribution, within the food and beverages industry. It was incorporated on 11 April 2000 and is registered under CIN U15540MH2000PTC125779. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Luthra Water Systems has 3 current directors:
- Naveen Luthra - Managing Director
- Arun Luthra - Director
- Mala Umesh Mehta - Director
The latest financial statements of Luthra Water Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 30 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Luthra Water Systems is U15540MH2000PTC125779. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Luthra Water Systems has open charges of ₹4.76 Cr and satisfied charges of ₹4.24 Cr as per latest MCA filings.
Luthra Water Systems has 22 court cases on record: 4 filed by the company and 18 filed against it. 1 is pending. Most are in the district courts.
Luthra Water Systems was incorporated on 11 April 2000. It is registered with the Registrar of Companies, Mumbai.
Luthra Water Systems has 1 deal on record (1 funding round), with disclosed funding of ₹2.49 Cr; the latest was in September 2011.
Naveen Luthra ceased to be Director on 15 Jul 2014. Arun Luthra was appointed as Director on 11 Apr 2000. Mala Umesh Mehta was appointed as Director on 11 Apr 2000. Luthra Water Systems has 4 board changes on record in total.