About Srilaxmi Precision Components Private Limited
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Srilaxmi Precision Components Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial machine tools segment of the machinery and industrial equipment sector. It was incorporated on 07 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29299GJ1998PTC034635. Its GSTIN is 24AADCS9205P1ZZ (Gujarat).
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹90 Lakh. It was formerly known as Sri Laxmi Spares Private Limited. It is led by directors Paragbhai Mohanbhai Vaishnani and Kishan Parag Vaishnani.
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 Plot No 2642 GIDC – Metoda Roadno 3 Lodhika, Rajkot, Gujarat, India.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.8 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹26.28 Lakh (net margin 2.7%) and EBITDA of ₹64.81 Lakh (EBITDA margin 6.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹1.97 Cr and satisfied charges of ₹2.35 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website licocrankshaft.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No 2642 GIDC – Metoda Roadno 3 Lodhika, Rajkot, Gujarat, India
- IndustryMachinery and Equipment, Industrial Machine Tools
- 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
- One PDF report, delivered after checkout
Business Activity of Srilaxmi Precision Components Private Limited
The main business activities of Srilaxmi Precision Components are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Srilaxmi Precision Components Private Limited FY 2025 filings available
Srilaxmi Precision Components Private Limited reported revenue of ₹9.8 Cr (up 17% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Srilaxmi Precision Components Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 17% growth in the latest year. EBITDA rose 37% 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 of Srilaxmi Precision Components Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹64.81 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹26.28 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 of Srilaxmi Precision Components Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.7% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Srilaxmi Precision Components are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Machine Tools). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Scutes India Private Limited | ₹10.13 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Pune, Maharashtra, India |
| Asr Machine Tools Private Limited | ₹9.95 Cr (FY 2025) | •••• | •••• | 183.0% | •••• | Gangapur, Maharashtra, India |
| Integrated Coolant Management Services Private Limited | ₹9.92 Cr (FY 2025) | •••• | •••• | 811.0% | •••• | Pune, Maharashtra, India |
| Stumpp Schuele Lewis Machine Tools Private Limited | ₹9.81 Cr (FY 2024) | •••• | •••• | 165.0% | •••• | Bangalore, Karnataka, India |
| Whem Service Solution Private Limited | ₹9.81 Cr (FY 2025) | •••• | •••• | 85.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Srilaxmi Precision Components Private Limited this company | ₹9.8 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Rajkot, Gujarat, India |
| Carbtools (India) Pvt Ltd | ₹9.76 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Pune, Maharashtra, India |
| Sankar Tools Private Limited | ₹9.75 Cr (FY 2024) | •••• | •••• | 294.0% | •••• | Vasai, Maharashtra, India |
| Shymova Transformation Private Limited | ₹9.69 Cr (FY 2025) | •••• | •••• | 137.0% | •••• | Noida, Uttar Pradesh, India |
| KJK Meister Honen Private Limited | ₹9.69 Cr (FY 2025) | •••• | •••• | 44.0% | •••• | Chennai, Tamil Nadu, India |
| Shri Bharat Agencies Private Limited | ₹9.66 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | Karnal, Haryana, India |
Peers are the five companies nearest above and the five nearest below Srilaxmi Precision Components by revenue in the Machinery and Equipment industry (Machine Tools), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components Private Limited is audited by A S KOTHARI & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A S KOTHARI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components 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 |
|---|---|---|---|---|
| Paragbhai Mohanbhai Vaishnani | Director | 07 Sep 1998 | 28 Years 1 Months | Current |
| Kishan Parag Vaishnani Also directs: Procureway Procurement Services LLP | Director | 07 Dec 2024 | 1 Years 10 Months | Current |
Ownership and Shareholding of Srilaxmi Precision Components Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Srilaxmi Precision Components Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Feb 2025 | Sidbi | ₹1.53 Cr | Open |
| 01 Mar 2024 | Sidbi | ₹43.41 Lakh | Open |
| 21 Dec 2011 | State Bank of India | ₹1.1 Cr | Satisfied |
| 27 Jun 2000 | State Bank of Saurashtra | ₹1.25 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components Private Limited has a workforce of 26 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components Private Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Hiteshkumar Mohanbhai Vaishnani ceased to be Director on 31 Mar 2025.
3 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Srilaxmi Precision Components Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Srilaxmi Precision Components Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Srilaxmi Precision Components Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCS9205P1ZZ | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Srilaxmi Precision Components Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Srilaxmi Precision Components Private Limited
Srilaxmi Precision Components is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial machine tools, within the machinery and equipment industry. It was incorporated on 07 September 1998 (28+ years old) and is registered under CIN U29299GJ1998PTC034635.
Srilaxmi Precision Components reported revenue of ₹9.8 Cr for FY 2024 (up 17% YoY).
Srilaxmi Precision Components has 2 current directors:
- Paragbhai Mohanbhai Vaishnani - Director
- Kishan Parag Vaishnani - Director
Srilaxmi Precision Components reported a net profit of ₹26.28 Lakh (net margin 2.7%) and EBITDA of ₹64.81 Lakh (EBITDA margin 6.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Srilaxmi Precision Components is 10% over three years and 8% over five years. In the latest year (FY 2024) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Srilaxmi Precision Components is 24AADCS9205P1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Srilaxmi Precision Components is U29299GJ1998PTC034635. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Srilaxmi Precision Components was incorporated on 07 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Srilaxmi Precision Components by revenue are Scutes India Private Limited, Asr Machine Tools Private Limited, Integrated Coolant Management Services Private Limited, Stumpp Schuele Lewis Machine Tools Private Limited, Whem Service Solution Private Limited and 5 more, all in the Machinery and Equipment industry (Machine Tools).
Hiteshkumar Mohanbhai Vaishnani ceased to be Director on 31 Mar 2025. Kishan Parag Vaishnani was appointed as Director on 07 Dec 2024. Mohanbhai Premjibhai Vaishnani ceased to be Director on 01 Apr 2023. Srilaxmi Precision Components has 5 board changes on record in total.
Srilaxmi Precision Components can be reached through the website licocrankshaft.com. Its registered office is in Rajkot, Gujarat, India.