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Laxmipati Engineering Works Ltd. (India)

Main Activities: Ship and Boat Building
Full name: Laxmipati Engineering Works Ltd. Profile Updated: November 09, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Laxmipati Engineering Works Ltd., located in Surat, Gujarat, is a non-governmental company that specializes in shipbuilding, ship repair, fabrication, heavy engineering, engineering infrastructure and services, and precision machining. The company was incorporated in 2012 and has quickly established itself as a reliable partner in manufacturing, engineering services, repair, and upgrade. Laxmipati Engineering Works Ltd. is part of the diversified Laxmipati Group, which is involved in textiles, real estate, power sector, and education. The company has obtained an industrial license from the Government of India for the manufacturing of warships. It holds certifications such as ISO 9001:2015, ISO 45001:2018, ASME certification for manufacturing of pressure vessels, and Indian Boiler Regulation for IBR piping and repair and erection of Class 2 Boilers. Laxmipati Engineering Works Ltd. operates a state-of-the-art engineering workshop located in Palsana on NH 48, covering over 30,000 sqmtrs of space. The workshop currently employs over 400 people and can accommodate close to 1500 workmen when fully operational. It offers various manufacturing projects, including boilers and heat exchangers, pressure vessels, modular manufacturing, pier caps and shutters for infra projects, heavy engineering and fabrication, defense-related projects, maintenance, repair, and upgrade, IBR piping, overlay welding, and machining. The company is a public limited company registered at the Registrar of Companies, Ahmedabad. Its authorized share capital is INR 60,000,000, and its paid-up capital is INR 57,520,000. The directors of Laxmipati Engineering Works Ltd. are Manojkumar G Sarawagi, Sanjaykumar Govindprasad Sarawagi, Rakeshkumar Govindprasad Sarawagi, Ruchita Amit Mittal, Pratibha Pankaj Gulgulia, and Sheetal Ashok Tayal. The company's corporate identification number is L35111GJ2012PLC068922, and its registration number is 68922. The registered address is Office Block First Floor, Pl. No.237/2 & 3, Sub Pl.No.A/25, Central Park Soc., G.I.D.C Pandesara, Surat, Gujarat. The current status of Laxmipati Engineering Works Ltd. is active. The company's operating revenues range from INR 1 crore to 100 crore for the financial year ending on March 31, 2022. Its EBITDA has increased by 189.84% compared to the previous year, and its book net worth has increased by 3.90%. The last reported Annual General Meeting (AGM) was held on August 25, 2022.

Legal Address
Office Block, 1st Floor,, Plot No. 237/2 & 3, Sub Plot No, A/25, Central Park Society
Surat; Gujarat; Postal Code: 394221

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Website: http://www.laxmipatiengineering.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
2012
Key Executives
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Chairman & Executive Director
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Director
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Director
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Executive Director
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Executive Director
Ownership Details
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72.46%
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15.54%
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12%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Net sales revenue
257.23%
Total operating revenue
257.04%
Operating profit (EBIT)
N/A
EBITDA
N/A
Net Profit (Loss) for the Period
N/A
Total assets
10.29%
Total equity
-46.28%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
N/A
Return on Equity (ROE)
N/A
Debt to Equity Ratio
1386.11%
Quick Ratio
-0.48%
Cash Ratio
-0%

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