
About Lohatec Precision Private Limited
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Lohatec Precision Private Limited is a private limited company based in Mangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 26 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U36990KA2019PTC128309. Its GSTIN is 29AAECL0426C1ZX (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Clyde Ashley Lobo (Managing Director) and Jackson Noronha.
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 Mangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.51 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹30.67 Lakh (net margin -20.3%) and EBITDA of -₹13.39 Lakh (EBITDA margin -8.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 80% over five years.
The company has about 11 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lohatec. Court records list 15 cases involving the company, including 6 filed by the company and 9 filed against it.
Lohatec Precision Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-11-0010055). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lohatec.com.
Company details
Recognitions & Rankings of Lohatec Precision
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-11-0010055
Contact details
Lohatec Precision Private Limited's registered office is in Mangalore, Karnataka. Its website is lohatec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDoor No. V – 2 – 4 – 72/5 Kembar, Padil Post Office Alape, Mangalore, Karnataka, India – 575007
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Lohatec Precision 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
Brands
Lohatec Precision operates one associated brand: Lohatec. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision CNC micro machining components are supplied for aerospace, medical, electronics, and oil and gas sectors. | lohatec.com |
Business activity
The main business activity of Lohatec Precision is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Lohatec Precision Private Limited, buy the company report.
Financials of Lohatec Precision Private Limited
FY 2025 filings availableLohatec Precision Private Limited reported revenue of ₹1.51 Cr (up 22% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 80% over five years, including 22% growth in the latest year. EBITDA fell 163% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹13.39 Lakh | ||||
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| Net Profit (PAT) | -₹30.67 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | -8.9% | ||||
| Net Profit Margin | -20.3% | ||||
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To see the full financial statements and ratios of Lohatec Precision Private Limited, buy the company report.
Board of directors of Lohatec Precision Private Limited
Lohatec Precision has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Clyde Ashley Lobo Also directs: Lohatec LLP | Managing Director | 26 Sep 2019 | 7 Years 1 Months | Current |
| Jackson Noronha Also directs: Lohatec LLP | Director | 26 Sep 2019 | 7 Years 1 Months | Current |
Auditor
Lohatec Precision Private Limited is audited by NITIN J SHETTY & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NITIN J SHETTY & CO | FY 2021 | 008891S |
Shareholding
The shareholding of Lohatec Precision Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Lohatec Precision Private Limited, buy the company report.
Legal cases
Lohatec Precision Private Limited has 15 court cases on record: 6 filed by Lohatec Precision, 9 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 9 | 0 |
Cases on record (4 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, DAKSHINA KANNADA, Karnataka | Appeal | Filed by the company against M/S Shagil Precision India Pvt. Ltd., | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by M/S Shagil Precision India Pvt. Ltd. | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by M/S Shagil Precision India Pvt. Ltd. | Disposed |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Filed against the company by M/S Shagil Precision Indian Pvt. Ltd. | Disposed |
To see the full case history of Lohatec Precision 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 Lohatec Precision Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Lohatec Precision Private Limited has a workforce of 11 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Lohatec Precision has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECL0426C1ZX | Karnataka | Active | 17 Oct 2019 |
To see the full GST registrations and return filing status of Lohatec Precision Private Limited, buy the company report.
Recent activity
Lohatec Precision Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Balraj Shetty ceased to be Director on 01 Dec 2021.
Frequently asked questions
Lohatec Precision is an active private limited company based in Mangalore, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 26 September 2019 (7+ years old) and is registered under CIN U36990KA2019PTC128309.
Lohatec Precision has 2 current directors:
- Clyde Ashley Lobo - Managing Director
- Jackson Noronha - Director
The latest financial statements of Lohatec Precision 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 FY 2020 are in the company report.
The GSTIN of Lohatec Precision is 29AAECL0426C1ZX, registered in Karnataka.
The CIN (Corporate Identification Number) of Lohatec Precision is U36990KA2019PTC128309. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lohatec Precision has 15 court cases on record: 6 filed by the company and 9 filed against it.
Lohatec Precision was incorporated on 26 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Balraj Shetty ceased to be Director on 01 Dec 2021. Clyde Ashley Lobo ceased to be Director on 02 Nov 2021. Clyde Ashley Lobo was appointed as Managing Director on 26 Sep 2019. Lohatec Precision has 4 board changes on record in total.
Yes, Lohatec Precision is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Lohatec Precision is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-11-0010055).