Lyca Finance Limited
About Lyca Finance Limited
Data last updated:
Lyca Finance Limited is a public limited company based in New Delhi, Delhi, India. It operates in the asset financing companies segment of the financial services sector. It was incorporated on 20 March 1964 and has been in existence for over 62 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U67190DL1964PLC004149. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹2.88 Cr. It is led by directors including Shiv Pyare and Shiv Sharan Prajapati.
Its last annual general meeting (AGM) was held on 18 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at D – 1/7 G – 01 Palam Kunj Palam Extension Sector – 7 Dwarka, New Delhi, Delhi, India – 110077.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.36 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹31,349 (net margin -23%) and EBITDA of -₹31,349 (EBITDA margin -23%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years and 64% over five years.
As per MCA filings, the company has open charges of ₹1.3 Cr on record. Court records list 15 cases involving the company, including 10 filed by the company and 5 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Lyca Finance Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressD – 1/7 G – 01 Palam Kunj Palam Extension Sector – 7 Dwarka, New Delhi, Delhi, India – 110077
- IndustryFinancial Services, Asset Financing Companies
To see the full contact details of Lyca Finance 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 Lyca Finance is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Lyca Finance Limited, buy the company report.
Financials of Lyca Finance Limited
FY 2020 filings availableLyca Finance Limited reported revenue of ₹1.36 Lakh (down 36% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue fell 36% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 64%. EBITDA rose 67% 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 | ₹1.36 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹31,349 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹31,349 | ||||
| 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 | -23% | ||||
| Net Profit Margin | -23% | ||||
| 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 Lyca Finance Limited, buy the company report.
Board of directors of Lyca Finance Limited
Lyca Finance has 4 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiv Pyare Also directs: Lifestyle Cosmetics Limited, Basil Chemicals and Additives Limited, O D S Estate and Agro Farms Private Limited and 5 more | Director | 20 Apr 2018 | 8 Years 6 Months | Current |
| Shiv Sharan Prajapati Also directs: Lifestyle Cosmetics Limited, Basil Chemicals and Additives Limited, O D S Estate and Agro Farms Private Limited and 5 more | Director | 26 Feb 2020 | 6 Years 8 Months | Current |
| Devraj Kushwaha Also directs: Lifestyle Cosmetics Limited, Basil Chemicals and Additives Limited, O D S Estate and Agro Farms Private Limited and 5 more | Director | 05 Mar 2018 | 8 Years 7 Months | Current |
| Shree Krishan Choudhary Also directs: Sharmistha Tradings Private Limited, SKS Express Marketing Limited, Mobilepe Softech Private Limited and 3 more | Director | 01 Apr 2016 | 10 Years 7 Months | Current |
Peer comparison
Lyca Finance Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Asset Financing Companies, Finance), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Varanasi General Finance and Leasing Private Limited. | ₹1.38 Lakh (FY 2022) | Uttar Pradesh, India | ||||
| Lyca Finance Limitedthis company | ₹1.36 Lakh (FY 2020) | -₹31,349 | -23% | -36.0% | New Delhi, Delhi, India | |
| Siddhant Trade & Finance Private Limited | ₹1.36 Lakh (FY 2025) | 45.0% | Kolkata, West Bengal, India | |||
| Goel Tempo Finance Private Limited | ₹1.35 Lakh (FY 2018) | -57.0% | Delhi, India |
To see the full peer comparison of Lyca Finance Limited, buy the company report.
Auditor
Lyca Finance Limited is audited by Mohandas & Co. for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mohandas & Co. | FY 2018 | 106529W |
Shareholding
The shareholding of Lyca Finance 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 Lyca Finance Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jun 2001 | 90043109 | The United Western Bank Limited | ₹1.3 Cr | Open |
To see the full charge records of Lyca Finance Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Lyca Finance Limited has 15 court cases on record: 10 filed by Lyca Finance, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 5 | 0 |
| High courts | 3 | 0 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (0201-Rent Act Matters : Eviction matters of personal necessity) | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Execution petition | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (RC.REV.) | Filed by the company against an individual | Disposed |
| District court, Central, Delhi | Court case (RC ARC) | Filed against the company by an individual | Disposed |
| High Court of Delhi | Court case (CRL.L.P.) | Filed by the company against State & Anr | Disposed |
To see the full case history of Lyca Finance 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 Lyca Finance Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lyca Finance 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 Lyca Finance Limited, buy the company report.
Recent activity
Lyca Finance Limited has 28 board changes on record since 2008: 4 appointments and 24 cessations. The latest: Devraj Kushwaha ceased to be Director on 22 Mar 2021.
21 earlier events are in the company report.
Frequently asked questions
Lyca Finance is an active public limited company based in New Delhi, Delhi, India. The company works in asset financing companies, within the financial services industry. It was incorporated on 20 March 1964 (62+ years old) and is registered under CIN U67190DL1964PLC004149.
Lyca Finance has 4 current directors:
- Shiv Pyare - Director
- Shiv Sharan Prajapati - Director
- Devraj Kushwaha - Director
- Shree Krishan Choudhary - Director
The latest financial statements of Lyca Finance on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 18 December 2020. Year-wise statements from 2015 are in the company report.
No. Lyca Finance has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Lyca Finance is U67190DL1964PLC004149. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lyca Finance has 15 court cases on record: 10 filed by the company and 5 filed against it. Most are in the district courts.
Lyca Finance was incorporated on 20 March 1964, making it 62+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Lyca Finance by revenue are Varanasi General Finance and Leasing Private Limited, Siddhant Trade & Finance Private Limited, Goel Tempo Finance Private Limited, all in the BFSI industry (Asset Financing Companies, Finance), with the same principal business activity (other financial activities).
Devraj Kushwaha ceased to be Director on 22 Mar 2021. Shiv Sharan Prajapati ceased to be Director on 22 Mar 2021. Shiv Sharan Prajapati was appointed as Director on 26 Feb 2020. Lyca Finance has 28 board changes on record in total.
The registered office of Lyca Finance is at D – 17 G – 01 Palam Kunj Palam Extension Sector – 7 Dwarka, New Delhi, Delhi, India – 110077.
Lyca Finance operates in the financial services industry, in the asset financing companies segment.
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