Fortune MNC 500 India 2026 edition
Rank#303- Total income
- ₹1,729 Cr
- Profit
- ₹111 Cr
Last year #287
Lotte India Corporation Limited - food and beverages in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹691.03 Cr
▲ 13% YoY
Net profit · FY 2024
₹22.2 Cr
Net margin 3.2%
EBITDA · FY 2024
₹87 Cr
EBITDA margin 12.6%
Authorised capital
₹380 Cr
Registered with MCA
Paid-up capital
₹30.89 Cr
Issued & subscribed
Open charges
₹100 Cr
Satisfied ₹167.94 Cr
Company age
72 yrs
Est. 1954
Employees · EPFO
564
Provident fund records
About Lotte India Corporation Limited
Data last updated:
Lotte India Corporation Limited is a public limited company based in Ahmedabad, Gujarat, India, a subsidiary of Lotte Confectionery Co Ltd. It operates in the tobacco products segment of the food and beverages sector. It was incorporated on 26 March 1954 and has been in existence for over 72 years.
Lotte India Corporation is ranked #303 on the Fortune MNC 500 India (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U15419GJ1954PTC153704. Its GSTIN is 24AAACP1916F1ZW (Gujarat). The company holds 10 GST registrations, of which 9 are active.
The company has an authorised share capital of ₹380 Cr and a paid-up capital of ₹30.89 Cr. It was formerly known as Parrys Confectionery Limited. It is led by directors including Milan Wahi (Managing Director) and Kyungwoon Cho (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ahmedabad, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹691.03 Cr, a growth of 13% compared to the previous year. For the same year it recorded a net profit of ₹22.2 Cr (net margin 3.2%) and EBITDA of ₹87 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 20% over three years and 10% over five years.
The company has about 564 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Lotte India. As per MCA filings, the company has open charges of ₹100 Cr and satisfied charges of ₹167.94 Cr on record. Court records list 193 cases involving the company, including 147 filed by the company and 46 filed against it; 27 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lotteindia.com.
Company details
CIN U15419GJ1954PTC153704
Registration Number 153704
Incorporation Date 26 March 1954
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Lotte Confectionery Co Ltd
Compliance Status Active Compliant
CIN history
Lotte India Corporation has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U15419GJ1954PTC153704, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15419GJ1954PTC153704 | Current |
| U15419TN1954PLC001987 | Previous |
| U15419GJ1954PLC153704 | Previous |
| L15419TN1954PLC001987 | Previous |
Recognitions & Rankings of Lotte India Corporation
Contact details
Lotte India Corporation Limited's registered office is in Ahmedabad, Gujarat.
- Social Media
- Registered Address22 B 2nd Floor Commerce House – 4, Beside Shell Petrol Pump Prahaladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryFood And Beverages, Tobacco Products, Beverage, Food
Comprehensive company report
Lotte India Corporation Limited - one report that includes everything
- 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
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Brands
Lotte India Corporation operates one associated brand: Lotte India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and sells confectionery items like chocolates, gums, and toffees. | lotteindia.com |
Business activity
The main business activity of Lotte India Corporation is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Lotte India Corporation Limited, buy the company report.
Financials of Lotte India Corporation Limited
FY 2024 filings availableLotte India Corporation Limited reported revenue of ₹691.03 Cr (up 13% YoY) for FY 2024.
Revenue · FY 2024
₹691.03 Cr ▲ 13%
Net profit · FY 2024
₹22.2 Cr margin 3.2%
EBITDA · FY 2024
₹87 Cr margin 12.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 13%
3 years · compounded
▲ 20%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 12%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 13% growth in the latest year. EBITDA rose 75% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Total Expenses | |||||
| EBITDA | ₹87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.2 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lotte India Corporation Limited, buy the company report.
Board of directors and KMP of Lotte India Corporation Limited
Lotte India Corporation Limited currently reports 4 directors and 1 key managerial person. 30 former directors have served the organization.
Current Directors and KMP
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kyungwoon Cho | Whole-Time Director | 08 Mar 2021 | 5 Years 8 Months | Current |
| Jeongkwan Heo | Cfo | 28 Jun 2024 | 2 Years 4 Months | Current |
| Junyeon Kim | Additional Director | 11 Apr 2024 | 2 Years 6 Months | Current |
| Jeehye You Also directs: Youone Engineering LLP, Buddtree Management LLP, Samoo Designers & Engineers India Private Limited and 5 more | Director | 29 Mar 2022 | 4 Years 7 Months | Current |
| Milan Wahi | Managing Director | 12 Sep 2016 | 10 Years 1 Months | Current |
Peer comparison
Lotte India Corporation Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Unibic Foods India Private Limited | ₹819.52 Cr (FY 2025) | 2.0% | Bengaluru, Karnataka, India | |||
| VJ Jindal Cocoa Private Limited | ₹813.97 Cr (FY 2022) | -2.0% | Mumbai, Maharashtra, India | |||
| Rich Products & Solutions Private Limited | ₹810.01 Cr (FY 2025) | 5.0% | Pune, Maharashtra, India | |||
| Haldiram Foods International Private Limited | ₹787.4 Cr (FY 2025) | 11.0% | Gurgaon, Haryana, India | |||
| Ab Mauri India Private Limited | ₹702 Cr (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Lotte India Corporation Limitedthis company | ₹691.03 Cr (FY 2024) | ₹22.2 Cr | 3.2% | 13.0% | Ahmedabad, Gujarat, India | |
| Pran Beverages (India) Private Limited | ₹643.14 Cr (FY 2025) | 11.0% | Kolkata, West Bengal, India | |||
| Mayora India Private Limited | ₹628.38 Cr (FY 2025) | 24.0% | Hyderabad, Telangana, India | |||
| TRDP Happy World Private Limited | ₹619.06 Cr (FY 2025) | 9.0% | Delhi, India | |||
| Hershey India Private Limited | ₹597.24 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Goodrich Foods India Limited | ₹587.39 Cr (FY 2024) | 8.0% | Delhi, India |
To see the full peer comparison of Lotte India Corporation Limited, buy the company report.
Charges & borrowings
Open charges
₹100 Cr
Satisfied charges
₹167.94 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2024 | 100891479 | Others | ₹30 Cr | Open | |
| 20 Mar 2023 | 100713045 | Others | ₹5 Cr | Open | |
| 07 Feb 2022 | 100565460 | Yes Bank Limited | ₹5 Cr | Open | |
| 02 May 2014 | 10513528 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 24 Sep 2012 | 10381940 | Hdfc Bank Limited | ₹30 Cr | Open |
To see the full charge records of Lotte India Corporation Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Lotte India Corporation Limited has 193 court cases on record: 147 filed by Lotte India Corporation, 46 filed against it. 27 cases are pending and 166 are disposed.
Total cases
193
Filed by the company
147
Filed against the company
46
Pending
27
Disposed
166
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 115 | 33 | 17 |
| District courts | 76 | 13 | 10 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 193)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Appeal | Filed against the company by Cadbury India Ltd and 1 other | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by Cadbury India Limited, and 1 other | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against Cadbury India Limited and 1 other | Disposed |
| District court, Chennai, Tamil Nadu | Execution petition | Filed against the company by Rishabh Enterprises | Disposed |
| District court, Chennai, Tamil Nadu | Civil suit | Filed against the company by Rishabh Enterprises | Disposed |
To see the full case history of Lotte India Corporation 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 Lotte India Corporation Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lotte India Corporation has 10 GST registrations: 9 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
9
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACP1916F1ZW | Gujarat | Active | 01 Jul 2017 |
| 03AAACP1916F1Z0 | Punjab | Active | 01 Jul 2017 |
| 05AAACP1916F1ZW | Uttarakhand | Active | 01 Jul 2017 |
| 19AAACP1916F1ZN | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lotte India Corporation Limited, buy the company report.
Recent activity
Lotte India Corporation Limited has 34 board changes on record since 2007: 5 appointments and 29 cessations. The latest: Junyeon Kim ceased to be Additional Director on 29 Sep 2024.
AGM
Lotte India Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Junyeon Kim ceased to be Additional Director.
Ceased
Ramesh Rajan Natarajan ceased to be Additional Director.
Ceased
Duraiswamy Gunaseela Rajan ceased to be Director.
Charges
A charge registered on 11 Nov 2008 via Charge ID 10132287 with State Bank Of India was fully satisfied on 29 Jul 2024.
Appointed
Jeongkwan Heo was appointed as CFO.
Charges
A charge with Others of Rs. 30.00 Cr registered on 11 Mar 2024 with Charge ID 100891479 was modified on 28 May 2024.
Appointed
Junyeon Kim was appointed as Additional Director.
Filing
Lotte India Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100891479 was registered on 11 Mar 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 30.00 Cr registered on 24 Sep 2012 with Charge ID 10381940 was modified on 18 Apr 2023.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100713045 was registered on 20 Mar 2023.
78 earlier events are in the company report.
News
Frequently asked questions
Lotte India Corporation is an active public limited company based in Ahmedabad, Gujarat, India. The company works in tobacco products, within the food and beverages industry. It was incorporated on 26 March 1954 (72+ years old) and is registered under CIN U15419GJ1954PTC153704.
Lotte India Corporation has 5 current directors and KMP:
- Milan Wahi - Managing Director
- Kyungwoon Cho - Whole-Time Director
- Junyeon Kim - Additional Director
- Jeehye You - Director
- Jeongkwan Heo - Cfo
The latest financial statements of Lotte India Corporation on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Lotte India Corporation is 24AAACP1916F1ZW, registered in Gujarat. The company has 10 GST registrations in all, of which 9 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAACP1916F1Z0 (Punjab), 05AAACP1916F1ZW (Uttarakhand), 19AAACP1916F1ZN (West Bengal).
The CIN (Corporate Identification Number) of Lotte India Corporation is U15419GJ1954PTC153704. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lotte India Corporation has 193 court cases on record: 147 filed by the company and 46 filed against it. 27 are pending. Most are in the high courts.
Lotte India Corporation was incorporated on 26 March 1954, making it 72+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lotte India Corporation by revenue are Unibic Foods India Private Limited, VJ Jindal Cocoa Private Limited, Rich Products & Solutions Private Limited, Haldiram Foods International Private Limited, Ab Mauri India Private Limited and 5 more, all in the Food and Beverages industry (Confectionery and Bakery Products), with the same principal business activity (food, beverages and tobacco products).
Junyeon Kim ceased to be Additional Director on 29 Sep 2024. Ramesh Rajan Natarajan ceased to be Additional Director on 29 Sep 2024. Duraiswamy Gunaseela Rajan ceased to be Director on 18 Aug 2024. Lotte India Corporation has 34 board changes on record in total.
Lotte India Corporation can be reached through the website lotteindia.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Lotte India Corporation is at 22 B 2nd Floor Commerce House – 4, Beside Shell Petrol Pump Prahaladnagar, Ahmedabad, Gujarat, India – 380015.
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