Lord’s Mark Industries Limited Unlisted Shares - Company Overview
LORD S MARK INDUSTRIES LIMITED is a Public incorporated on 01-07-1998. It is classified as a Non-govt company and is registered at RoC-Mumbai. Their state of registration is Maharashtra. Its authorized share capital is 4 Crore and its paid-up capital is 4 Crore. Over the past four years, society has experienced significant shifts, largely influenced by the pandemic, resulting in changes to people’s lifestyles. Similarly, Lord’s Mark has undergone a transformation, diversifying its operations to meet the evolving demands of a dynamic environment.
Throughout its 26-year journey, the organization has recognized the paramount importance of technology and consistently embraced new initiatives as an early adopter. Over time, it has acknowledged the necessity of developing businesses that are not only innovative but also environmentally friendly and sustainable at their core. Guided by a commitment to value creation, the company operates three primary business units: Diagnostic and MedTech, LED-Solar, and Paper. In addition, it has diversified investments into sister group companies, including Lords Automotive, Brahamastra, Lords Mark Insurance, Lords Mark Biotech, and Lords Mark Micro Biotech, thereby expanding its business portfolio.
Lord’s Mark remains steadfast in its pursuit of delivering value to every stakeholder and partner. The organization firmly believes that this decade will be pivotal in driving it to new heights.
Lord’s Mark Industries Limited Share Price, Share Details as of March 31, 2024
| Lord’s Mark Industries Limited Outstanding Shares: | 3,39,26,7264 |
| Face Value of Lord’s Mark Industries Share: | Rs.5 Per Equity Share |
| ISIN of Lord’s Mark Industries Limited Share: | INE0MPL01010 |
| Lot Size of Lord’s Mark Industries Share: | 100 |
| Lord’s Mark Industries Share Price: | Best In Industry |
| PAN Number of Lord’s Mark Industries: | AAACL9328F |
| GST Number of Lord’s Mark Industries limited | 27AAACL9328F2ZF |
Lord’s Mark Industries Pvt Limited Incorporation Details
| Lord’s Mark Industries Limited CIN Number | U21001MH1998PLC115601 |
| Lord’s Mark Industries Limited Registration Date | 01-Jul-98 |
| Category / Sub-Category of Lord’s Mark Industries Limited | Private Companies having a share capital |
| Lord’s Mark Industries Limited Registered Office Address | LORDS MARK INDUSTRIES LIMITED,B 101 RIDHI SIDHI COMPLEX MG ROAD BORIVALI EAST MUMBAI MAHARASHTRA 400066 |
| Lord’s Mark Industries Limited Registrar & Transfer Agent Address | LINK INTIME INDIA PRIVATE LIMITED, C 101, Embassy 247, L.B.S. Marg, Vikhroli (West), Mumbai - 400083 |
Lord’s Mark Industries Limited Board of Directors
| Board Of Directors | Post |
| Dr. Sachidanand Upadhyay | MD and CEO |
| Manav Teli | Executive Director |
| Vijay Borkar (LLB) | Director (Operation) |
| Dr. Sunil Koregaonkar | Director (Planning) |
| Vinay Sarda | Director (Admin) |
| Vinod Tiwari | Solar Project |
| Neetu Upadhyay | Director (HR) |
| Manish Mehta | Independent Director |
Lord’s Mark Industries Limited Standalone Balance Sheet (Rs in Thousands
| Particulars | 31-3-2024 | 31-3-2023 |
| Equity and Liabilities | ||
| Shareholders' Funds | ||
| Share Capital | 5,62,362.43 | 2,82,910.54 |
| Reserves and Surplus | 3,26,613.22 | 1,80,347.65 |
| Share Application Money Pending Allotment | 1,67,004.00 | 0.00 |
| Minority Interest | 16,527.00 | 16,527.00 |
| Non-Current Liabilities | ||
| Long-term Borrowings | 9,88,848.92 | 8,13,989.76 |
| Other Long-term Liabilities | 0.00 | 0.00 |
| Long-term Provisions | 0.00 | 0.00 |
| Current Liabilities | ||
| Short-term Borrowings | 11,83,440.05 | 9,46,922.94 |
| Trade Payables | 1,72,268.71 | 1,13,576.92 |
| Short-term Provisions | 1,60,778.54 | 49,416.69 |
| Total Equity and Liabilities | 35,77,842.87 | 24,03,691.50 |
| Assets | ||
| Non-Current Assets | ||
| Fixed Assets | ||
| Tangible Assets | 4,77,494.59 | 3,53,902.44 |
| Intangible Assets | 385.21 | 545.82 |
| Total Fixed Assets | 4,77,879.80 | 3,54,448.26 |
| Non-Current Investments | 400.00 | 410.00 |
| Deferred Tax Assets (net) | 10,992.71 | 9,286.87 |
| Current Assets | ||
| Inventories | 9,93,723.09 | 9,14,750.54 |
| Trade Receivables | 15,91,723.53 | 8,47,247.30 |
| Cash and Bank Balances | 1,89,182.45 | 1,00,688.97 |
| Short-term Loans and Advances | 3,07,337.29 | 1,72,373.56 |
| Other Current Assets | 6,604.00 | 4,486.00 |
| Total Assets | 35,77,842.87 | 24,03,691.50 |
Lord’s Mark Industries Limited Standalone Profit & Loss Statement (Rs in Thousand)
| Particulars | 31-3-2024 | 31-3-2023 |
| Revenue from Operations | ||
| Revenue from Sale of Products | 55,52,209.30 | 30,56,046.55 |
| Total Revenue from Operations | 55,52,209.30 | 30,56,046.55 |
| Other Income | 15,298.33 | 8,992.03 |
| Total Revenue | 55,67,507.63 | 30,65,038.58 |
| Expenses | ||
| Cost of Materials Consumed | 48,13,821.65 | 27,08,830.34 |
| Employee Benefit Expense | 1,71,579.91 | 66,197.38 |
| Finance Costs | 1,82,865.11 | 1,15,983.30 |
| Depreciation Expense | 49,385.01 | 46,579.63 |
| CSR Expenditure | 0.00 | 0.00 |
| Other Expenses | 1,94,278.60 | 62,573.59 |
| Total Expenses | 54,11,930.28 | 30,00,164.24 |
| Profit Before Tax | 1,55,577.35 | 64,874.34 |
| Tax Expense | ||
| Current Tax | 42,485.63 | 20,146.48 |
| Deferred Tax | 497.41 | -1,718.27 |
| Total Tax Expense | 42,983.04 | 18,428.21 |
| Profit for the Period | 1,12,594.31 | 46,446.13 |
| Basic Earnings Per Equity Share | 0 | 0 |
| Diluted Earnings Per Equity Share | 0 | 0 |
Lord’s Mark Industries Limited Standalone Cash Flow Statement (Rs in Thousand)
| Particulars | 31-3-2024 | 31-3-2023 |
| Cash Flows from Operating Activities | ||
| Profit before extraordinary items and tax | 1,55,577.35 | 64,874.34 |
| Adjustments for non-cash items and working capital: | ||
| Adjustments for Finance Costs | 1,82,865.11 | 1,15,983.30 |
| Adjustments for Depreciation and Amortization Expense | 49,385.01 | 46,579.63 |
| Other Adjustments for Non-Cash Items | -497.41 | 1,718.27 |
| Total Adjustments to Profit (Loss) | 2,31,753.71 | 1,64,281.20 |
| Adjustments for Decrease (Increase) in Inventories | -78,972.55 | -2,35,858.16 |
| Adjustments for Decrease (Increase) in Trade Receivables | -7,44,476.23 | 2,76,998.82 |
| Adjustments for Decrease (Increase) in Other Current Assets | -1,38,787.57 | -46,504.14 |
| Adjustments for Increase (Decrease) in Trade Payables | 58,691.79 | 4,72,762.09 |
| Adjustments for Increase (Decrease) in Other Current Liabilities | 2,36,517.11 | 3,28,695.51 |
| Adjustments for Provisions | 1,11,361.85 | 4,532.18 |
| Total Adjustments for Working Capital | -5,55,665.60 | -1,44,897.88 |
| Total Adjustments for Reconciliation | -3,23,912.89 | 19,383.32 |
| Net Cash Flows from (Used in) Operations Before Income Taxes | -1,68,335.54 | 84,257.66 |
| Income Taxes Paid (Refund) | 42,498.59 | 20,176.59 |
| Net Cash Flows from (Used in) Operating Activities | -2,10,834.13 | 64,081.07 |
| Cash Flows from Investing Activities | ||
| Purchase of Tangible Assets | -1,72,816.55 | -2,12,407.14 |
| Other Inflows (Outflows) of Cash | 10.00 | -10.00 |
| Net Cash Flows from (Used in) Investing Activities | -1,72,806.55 | -2,12,417.14 |
| Cash Flows from Financing Activities | ||
| Proceeds from Issuing Shares | 4,46,455.89 | 2,46,000.54 |
| Interest Paid | -1,82,865.11 | -1,15,983.30 |
| Other Inflows (Outflows) of Cash | 2,08,543.38 | 50,262.45 |
| Net Cash Flows from (Used in) Financing Activities | 4,72,134.16 | 1,80,279.69 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 88,493.48 | 31,943.62 |
| Cash and Cash Equivalents at Beginning of Period | 1,00,688.97 | 68,745.35 |
| Cash and Cash Equivalents at End of Period | 1,89,182.45 | 1,00,688.97 |
Here is a summary of the Cash Flow Statement for the years 2024 and 2023:
Cash Flows from Operating Activities
During the period from 01/04/2023 to 31/03/2024, the company recorded a profit before tax of ₹1,55,577.35, which is higher than the ₹64,874.34 recorded for the previous period. Several adjustments were made to account for non-cash items and changes in working capital. These adjustments included finance costs of ₹1,82,865.11, depreciation and amortization expenses of ₹49,385.01, and other non-cash adjustments of ₹-497.41. After applying these adjustments, the total adjustments to profit amounted to ₹2,31,753.71, compared to ₹1,64,281.20 in the previous period.
The company also made adjustments for working capital changes. The adjustments for inventory and trade receivables were negative, indicating a decrease in working capital. Specifically, there was a decrease in inventories by ₹78,972.55 and a decrease in trade receivables by ₹7,44,476.23. Additionally, the adjustments for other current assets and provisions were negative, contributing to an overall decrease in working capital. The total adjustments for working capital amounted to ₹-5,55,665.60 in 2023-24, compared to ₹-1,44,897.88 in 2022-23. After all adjustments, the net cash used in operating activities was ₹-2,10,834.13 for the current period, compared to a positive cash flow of ₹64,081.07 in the previous period.
Cash Flows from Investing Activities
The company spent ₹1,72,816.55 on purchasing tangible assets during the period from 01/04/2023 to 31/03/2024, which is a decrease compared to ₹2,12,407.14 in the previous year. Additionally, there was a small inflow of ₹10.00 from other cash activities. Overall, the net cash used in investing activities amounted to ₹-1,72,806.55, which is slightly less than the ₹-2,12,417.14 used in the previous period.
Cash Flows from Financing Activities
In terms of financing activities, the company raised ₹4,46,455.89 from issuing shares, which represents a significant increase compared to ₹2,46,000.54 raised in the previous period. However, interest paid during the period was ₹1,82,865.11, which is higher than the ₹1,15,983.30 paid in 2022-23. The company also experienced a positive cash inflow of ₹2,08,543.38 from other financing activities. The net cash generated from financing activities for the year was ₹4,72,134.16, which is a notable increase compared to ₹1,80,279.69 in the previous year.
Net Increase (Decrease) in Cash and Cash Equivalents
As a result of the combined cash flows from operating, investing, and financing activities, the net increase in cash and cash equivalents during the period from 01/04/2023 to 31/03/2024 was ₹88,493.48. This is a significant improvement compared to the net increase of ₹31,943.62 in the previous period. The cash and cash equivalents at the beginning of the period were ₹1,00,688.97, and by the end of the period, the cash and cash equivalents stood at ₹1,89,182.45, showing a healthy increase.
A V Thomas International Limited Annual Report 2023-24
Interested in Buying Shares?
Submit your enquiry to purchase shares and receive expert assistance.
