About LS Industries Limited
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LS Industries Limited is a public limited company based in Nalagarh, Himachal Pradesh, India, a subsidiary of Profound Finance Private Limited. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 26 November 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN L51505HP1993PLC031724. Its GSTIN is 02AAACL1987E1ZT (Himachal Pradesh). The company holds 14 GST registrations, of which 1 is active. It is recorded as listed by MCA, but trading in its shares on BSE (514446) has been suspended since 30 Dec 2013 · penal reasons, so they do not currently trade on a stock exchange.
The company has an authorised share capital of ₹113 Cr and a paid-up capital of ₹84.88 Cr. It is led by directors including Nipun Goyal (Managing Director) and Prateek Puri.
Its last annual general meeting (AGM) was held on 31 December 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Village Bairsen P.O. Manjholi, Nalagarh, Himachal Pradesh, India – 174101.
As per the financials filed for FY 2025, the company reported a revenue of ₹17.04 Lakh, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹43.14 Lakh (net margin -253.2%) and EBITDA of -₹33.2 Lakh (EBITDA margin -194.8%). Revenue has declined at a compounded annual rate (CAGR) of 31% over three years and 22% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.48 Cr and satisfied charges of ₹21 Lakh on record. Court records list 34 cases involving the company, including 12 filed by the company and 22 filed against it; 10 cases are pending. The company has 1 deal on record (1 acquisition); the latest was in December 2008.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lsilglobal.com.
Company details
CIN history
LS Industries has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L51505HP1993PLC031724, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L51505HP1993PLC031724 | Current |
| L51505GJ1993PLC049941 | Previous |
| U17120GJ1993PLC049941 | Previous |
| L17120GJ1993PLC049941 | Previous |
Contact details
LS Industries Limited's registered office is in Nalagarh, Himachal Pradesh. Its website is lsilglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Bairsen P.O. Manjholi, Nalagarh, Himachal Pradesh, India – 174101
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of LS Industries 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 LS Industries is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of LS Industries Limited, buy the company report.
Financials of LS Industries Limited
FY 2025 filings availableLS Industries Limited reported revenue of ₹17.04 Lakh (down 70% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 22% over five years, including a 70% fall 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹17.04 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹33.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹43.14 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -194.8% | ||||
| Net Profit Margin | -253.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 LS Industries Limited, buy the company report.
Board of directors of LS Industries Limited
LS Industries has 7 current directors and 37 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prateek Puri | Director | 20 Dec 2018 | 7 Years 10 Months | Current |
| Ankur Mahindru | Director | 24 Dec 2018 | 7 Years 10 Months | Current |
| Peeyush Sethia Also directs: Esquire Money Guarantees Ltd, Take Solutions Limited, Franklin Industries Limited and 3 more | Additional Director | 10 Sep 2025 | 1 Years 1 Months | Current |
| Richa Arora | Additional Director | 10 Sep 2025 | 1 Years 1 Months | Current |
| Naveen Kumar Gupta Also directs: Profound Finance Private Limited | Additional Director | 14 Apr 2025 | 1 Years 6 Months | Current |
| Nipun Goyal | Managing Director | 31 Mar 2025 | 1 Years 6 Months | Current |
Auditor
LS Industries Limited is audited by Mahesh K Gupta & Associates for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mahesh K Gupta & Associates | FY 2024 | 029649N |
Shareholding
The shareholding of LS Industries Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of LS Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 May 1999 | 90157171 | The Industrial Credit & Investment Corporation of India | ₹10.61 Lakh | Open | |
| 22 Mar 1996 | 90159514 | Union Bank of India | ₹40 Lakh | Open | |
| 07 Feb 1995 | 90159439 | Union Bank of India | ₹1.7 Cr | Open | |
| 30 May 1994 | 90159406 | The Scici Limited | ₹8.24 Lakh | Open | |
| 17 May 1994 | 90159404 | The Industrial Credit and Investment Corporation of India | ₹10.61 Lakh | Open |
To see the full charge records of LS Industries Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
LS Industries Limited has 1 deal on record (1 acquisition); the latest was in December 2008.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2008 | Acquisition | ₹79.8 Lakh | Buyer: Profound Finance Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
LS Industries Limited has 34 court cases on record: 12 filed by LS Industries, 22 filed against it. 10 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 15 | 2 |
| High courts | 14 | 7 | 8 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 34)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panchkula, Haryana | Civil suit | Filed against the company by Haryana Forests Limited | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed against the company by Fujifilm India Private Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Marvel Dyers and Processors Pvt Ltd | Disposed |
| High Court of Delhi | Commercial suit | Filed against the company by Om Nanotech Pvt Ltd | Disposed |
| District court, Chandigarh | Execution petition | Filed against the company by Ms Xerox India Ltd | Disposed |
To see the full case history of LS Industries 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 LS Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
LS Industries Limited has a workforce of 7 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
LS Industries has 14 GST registrations: 1 active and 13 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACL1987E1ZT | Himachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of LS Industries Limited, buy the company report.
Recent activity
LS Industries Limited has 75 board changes on record since 1997: 42 appointments and 33 cessations. The latest: Bartlomiej Zbigniew Szczudlowski ceased to be Additional Director on 24 Oct 2025.
77 earlier events are in the company report.
News
Frequently asked questions
LS Industries is an active public limited company based in Nalagarh, Himachal Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 26 November 1993 (33+ years old) and is registered under CIN L51505HP1993PLC031724.
LS Industries has 7 current directors:
- Nipun Goyal - Managing Director
- Prateek Puri - Director
- Ankur Mahindru - Director
- Peeyush Sethia - Additional Director
- Richa Arora - Additional Director
- Naveen Kumar Gupta - Additional Director
- Tan Chiew Kek - Additional Director
The latest financial statements of LS Industries on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 December 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of LS Industries is 02AAACL1987E1ZT, registered in Himachal Pradesh. The company has 14 GST registrations in all, of which 1 is active and 13 are cancelled or inactive.
The CIN (Corporate Identification Number) of LS Industries is L51505HP1993PLC031724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
LS Industries is recorded as a listed company by MCA, but trading in its shares on BSE (514446) has been suspended since 30 Dec 2013 · penal reasons, so they do not currently trade on a stock exchange.
LS Industries has 34 court cases on record: 12 filed by the company and 22 filed against it. 10 are pending. Most are in the district courts.
LS Industries was incorporated on 26 November 1993, making it 33+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
LS Industries has 1 deal on record (1 acquisition); the latest was in December 2008.
Bartlomiej Zbigniew Szczudlowski ceased to be Additional Director on 24 Oct 2025. Kanwar Nitin Singh was appointed as Company Secretary on 11 Oct 2025. Peeyush Sethia was appointed as Additional Director on 10 Sep 2025. LS Industries has 75 board changes on record in total.