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Laxmi Civil Engineering Services
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Registered Details

LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED

All Companies ›

Maharashtra ›

Business Services ›

Active

Updated: 22 Aug 2025

Laxmi Civil Engineering Services Private Limited, is an unlisted private company incorporated on 31 March, 2000. It is classified as a private limited company and is located in , Maharashtra. It's authorized share capital is INR 2.00 cr and the total paid-up capital is INR 1.66 cr.

Laxmi Civil Engineering Services's operating revenue range is Over INR 500 cr for the financial year ending on 31 March, 2024. It's EBITDA has increased by 2.57% over the previous year. At the same time, it's book networth has increased by 34.6%.

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Industry and products

Business Services

Demolition & site preparation, Electrical, plumbing & other Specialized construction Activities, Roads, railways, Utility projects

Company size

Auth Capital

₹ 2.0 Cr

Paidup Capital

₹ 1.7 Cr

Revenue

₹ 2500-2750 cr

Key Metrics

** All rupee values in INR crores. Based on March 2024 numbers.

Total Revenue

93.29%

₹ 2,535.0

EBITDA

2.57%

₹ 174.7

Net Profit

70.96%

₹ 251.9

Networth

34.6%

₹ 985.1

Borrowings

19.07%

₹ 19.9

Assets

33.68%

₹ 1,979.6

Gross Margin

100.0 %

Operating Margin

-5.83

7.4 %

Net Profit Margin

-1.3

9.9 %

Return on Equity

5.44

25.6 %

ROCE

-5.35

23.9 %

Debt to Equity

0.0

Sales

Mar 2024

Net worth

Mar 2024

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Locations

India (19)

State	Type	Address

Locations on Map

People

Designation	Name	DIN/PAN	Tenure
Managing Director	Rajendra Mohanlal Doshi Shareholder	00506010	26 years
Managing Director	Vijaykumar Rajaram Shah Shareholder	00506045	26 years
Whole-time Director	Manish Vijaykumar Shah Shareholder	00506122	26 years
Whole-time Director	Hemantkumar Vijaykumar Shah Shareholder	00506143	26 years
Whole-time Director	Shirish Rajendra Doshi Shareholder	03040712	10 years

Financial Highlights

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	845.3	901.8	1,175.9	1,290.6	2,370.5
Operating profit	65.3	89.3	111.2	170.3	174.7
Net profit	57.3	96.2	106.8	147.4	251.9
Gross margin	100.0	100.0	100.0	100.0	100.0
Operating margin	7.7	9.9	9.5	13.2	7.4
Net margin	6.7	10.2	8.8	11.2	9.9
Networth	383.2	479.3	583.3	731.9	985.1
Borrowings	33.5	22.1	35.2	16.7	19.9
Assets	664.2	1,040.1	1,164.9	1,480.8	1,979.6
Debt to equity	0.1	0.1	0.1	0.0	0.0
Current ratio	1.8	1.6	1.8	1.8	1.7
ROE	14.9	20.1	18.3	20.1	25.6
Days payable	-	-	-	-	-2,423,782.0
WC days	85.0	116.0	132.0	146.0	97.0

Margins

Gross margin

Operating margin

Net margin

Balance Sheet

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.0	2.0	2.0	2.0	2.0
Reserves	381.2	477.3	581.3	729.9	983.1
Borrowings +	33.5	22.1	35.2	16.7	19.9
Long term borrowings	0.9	0.1	-	-	2.5
Short term borrowings	32.6	22.0	35.2	16.7	17.4
Trade payables +	144.0	171.3	181.3	191.8	385.8
Days payable	-	-	-	-	-2,423,782.0
Other liabilities +	247.5	538.7	546.4	732.2	974.6
Other non-current liabilities	47.6	53.2	57.2	82.1	114.8
Other current liabilities	55.9	314.2	307.9	458.3	473.9
Total liabilities	664.2	1,040.1	1,164.9	1,480.8	1,979.6
Fixed Assets +	47.5	45.2	48.9	51.7	78.5
Tangible assets	47.4	45.0	48.9	50.2	75.6
CWIP	-	0.1	-	1.5	2.9
Intangible assets	-	-	-	-	-
LT loans and advances	24.1	21.8	20.0	51.6	105.9
Other non-current assets	164.0	178.5	145.4	193.5	290.9
Current assets +	428.6	794.6	950.7	1,184.1	1,504.2
Inventories	-	-	21.9	23.0	23.0
Trade receivables	72.2	61.3	145.0	65.1	102.9
Cash and cash equivalents	10.6	33.1	33.1	74.1	116.5
ST loans and advances	-	0.5	-	-	-
Other current assets	345.8	699.7	750.7	1,021.9	1,261.9
Total assets	664.2	1,040.1	1,164.9	1,480.8	1,979.6

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.3	0.19	0.17	0.14	0.1
Reserves	57.39	45.89	49.9	49.29	49.66
Borrowings +	5.04	2.12	3.02	1.13	1.01
Long term borrowings	0.13	0.01	0.0	0.0	0.13
Short term borrowings	4.91	2.11	3.02	1.13	0.88
Trade payables	21.69	16.47	15.56	12.95	19.49
Other liabilities +	37.27	51.79	46.9	49.45	49.23
Other non-current liabilities	7.16	5.11	4.91	5.54	5.8
Other current liabilities	8.42	30.21	26.43	30.95	23.94
Total liabilities
Fixed Assets +	7.15	4.34	4.2	3.49	3.97
Tangible assets	7.14	4.33	4.2	3.39	3.82
CWIP	0.01	0.01	0.0	0.1	0.15
Intangible assets	0.0	0.0	0.0	0.0	0.0
LT loans and advances	3.62	2.09	1.72	3.48	5.35
Other non-current assets	24.69	17.16	12.48	13.06	14.7
Current assets +	64.53	76.4	81.61	79.96	75.99
Inventories	0.0	0.0	1.88	1.55	1.16
Trade receivables	10.88	5.9	12.44	4.4	5.2
Cash and cash equivalents	1.6	3.18	2.84	5.0	5.88
ST loans and advances	0.0	0.05	0.0	0.0	0.0
Other current assets	52.06	67.27	64.44	69.01	63.74
Total assets

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	2.0	2.0	2.0	2.0	2.0
Reserves	380.9	477.1	581.2	729.6	982.8
Borrowings +	33.5	22.1	35.2	16.7	19.9
Long term borrowings	0.9	0.1	-	-	2.5
Short term borrowings	32.6	22.0	35.2	16.7	17.4
Trade payables +	144.3	171.5	181.5	192.3	386.2
Days payable	-	-	-	-	-2,425,953.0
Other liabilities +	248.7	539.8	547.5	732.9	973.8
Other non-current liabilities	48.4	54.0	58.0	82.2	113.6
Other current liabilities	56.0	314.3	308.0	458.4	474.0
Total liabilities	665.1	1,041.0	1,165.9	1,481.2	1,978.5
Fixed Assets +	47.5	45.2	48.9	51.7	78.5
Tangible assets	47.4	45.0	48.9	50.2	75.6
CWIP	-	0.1	-	1.5	2.9
Intangible assets	-	-	-	-	-
LT loans and advances	1.1	1.1	1.1	31.6	88.7
Other non-current assets	174.4	188.6	156.6	204.0	299.4
Current assets +	442.1	806.2	959.3	1,193.9	1,511.8
Inventories	-	-	21.9	23.0	23.0
Trade receivables	82.4	70.4	149.2	69.1	108.2
Cash and cash equivalents	10.7	33.1	35.1	77.6	116.5
ST loans and advances	-	0.5	-	-	-
Other current assets	349.0	702.1	753.1	1,024.2	1,264.0
Total assets	665.1	1,041.0	1,165.9	1,481.2	1,978.5

Percentage of assets	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	0.3	0.19	0.17	0.14	0.1
Reserves	57.27	45.83	49.85	49.26	49.67
Borrowings +	5.03	2.12	3.02	1.13	1.01
Long term borrowings	0.13	0.01	0.0	0.0	0.13
Short term borrowings	4.9	2.11	3.02	1.13	0.88
Trade payables	21.7	16.48	15.57	12.98	19.52
Other liabilities +	37.4	51.85	46.96	49.48	49.22
Other non-current liabilities	7.28	5.19	4.97	5.55	5.74
Other current liabilities	8.42	30.19	26.42	30.95	23.96
Total liabilities
Fixed Assets +	7.14	4.34	4.2	3.49	3.97
Tangible assets	7.13	4.33	4.2	3.39	3.82
CWIP	0.01	0.01	0.0	0.1	0.15
Intangible assets	0.0	0.0	0.0	0.0	0.0
LT loans and advances	0.17	0.11	0.09	2.13	4.49
Other non-current assets	26.22	18.11	13.43	13.77	15.13
Current assets +	66.48	77.44	82.28	80.6	76.41
Inventories	0.0	0.0	1.88	1.55	1.16
Trade receivables	12.4	6.76	12.79	4.67	5.47
Cash and cash equivalents	1.6	3.18	3.01	5.24	5.89
ST loans and advances	0.0	0.05	0.0	0.0	0.0
Other current assets	52.48	67.45	64.59	69.15	63.89
Total assets

Total assets

Profit & Loss

Standalone

Consolidated

₹

** All numbers in INR crores

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	845.3	901.8	1,175.9	1,290.6	2,370.5
Sales growth %	2.52	6.69	30.39	9.75	83.67
Expenses +	794.0	824.4	1,076.7	1,133.0	2,211.7
Cost of goods	-	-	-	-	-
Employee cost	46.9	48.4	59.3	63.5	90.3
Other costs	733.1	764.2	1,005.4	1,056.7	2,105.5
Operating profit +	65.3	89.3	111.2	170.3	174.7
Operating margin %	7.7	9.9	9.5	13.2	7.4
Other income	9.5	45.7	30.7	20.9	164.5
Interest	8.9	7.6	7.8	8.8	10.0
Depreciation	5.1	4.2	4.1	3.8	5.9
Exceptional items	-1.0	-	-	-	-
Profit before tax	59.8	123.2	129.9	178.5	323.3
Tax	2.6	27.0	23.1	31.2	71.4
Profit - disc. ops	-	-	-	-	-
Net profit	57.3	96.2	106.8	147.4	251.9
Net margin %	6.7	10.2	8.8	11.2	9.9

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.89	95.18	97.46	98.41	93.51
Expenses +	92.88	87.0	89.23	86.39	87.25
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	5.48	5.1	4.92	4.85	3.56
Other costs	85.76	80.65	83.32	80.57	83.06
Operating profit	7.64	9.42	9.22	12.99	6.89
Other income	1.11	4.82	2.54	1.59	6.49
Interest	1.04	0.8	0.65	0.67	0.4
Depreciation	0.59	0.44	0.34	0.29	0.23
Exceptional items	-0.11	0.0	0.0	0.0	0.0
Profit before tax	7.0	13.0	10.77	13.61	12.75
Tax	0.3	2.85	1.92	2.38	2.82
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	6.7	10.15	8.85	11.24	9.94

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales +	847.2	904.3	1,178.3	1,293.0	2,373.3
Sales growth %	-8.74	6.74	30.3	9.74	83.54
Expenses +	796.2	826.9	1,083.5	1,134.2	2,212.8
Cost of goods	-	-	-	-	-
Employee cost	47.0	48.4	59.4	63.7	90.4
Other costs	735.2	766.7	1,012.1	1,057.8	2,106.5
Operating profit +	65.0	89.2	106.8	171.6	176.4
Operating margin %	7.7	9.9	9.1	13.3	7.4
Other income	9.5	45.8	30.8	20.8	164.5
Interest	8.9	7.6	7.8	8.9	10.0
Depreciation	5.1	4.2	4.1	3.8	5.9
Exceptional items	-1.0	-	-	-	-
Profit before tax	59.5	123.2	125.6	179.6	325.0
Tax	2.6	27.0	21.7	31.2	71.5
Profit - disc. ops	-	-	-	-	-
Net profit	57.0	96.2	104.1	148.4	253.4
Net margin %	6.7	10.1	8.6	11.3	10.0

Precentage of total income	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	98.89	95.18	97.45	98.42	93.52
Expenses +	92.94	87.04	89.61	86.33	87.19
Cost of goods	0.0	0.0	0.0	0.0	0.0
Employee cost	5.48	5.1	4.91	4.85	3.56
Other costs	85.82	80.7	83.71	80.51	83.0
Operating profit	7.59	9.39	8.83	13.06	6.95
Other income	1.11	4.82	2.55	1.58	6.48
Interest	1.04	0.8	0.65	0.67	0.4
Depreciation	0.59	0.44	0.34	0.29	0.23
Exceptional items	-0.11	0.0	0.0	0.0	0.0
Profit before tax	6.95	12.96	10.39	13.67	12.81
Tax	0.3	2.84	1.79	2.37	2.82
Profit - disc. ops	0.0	0.0	0.0	0.0	0.0
Net profit	6.65	10.13	8.61	11.3	9.98

Revenue from operations

Ratios

Standalone

Consolidated

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.1	0.1	0.1	0.0	0.0
Net Debt/Equity	0.1	0.0	0.0	0.0	0.0
Total Debt/Assets	0.1	0.0	0.0	0.0	0.0
Total Assets/Equity	1.7	2.2	2.0	2.0	2.0
Liquidity +
Current Ratio	1.8	1.6	1.8	1.8	1.7
Quick Ratio	1.8	1.6	1.8	1.7	1.7
Interest Coverage	7.3	11.8	14.2	19.3	17.4
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	7.7	9.9	9.5	13.2	7.4
Net Margin	6.7	10.2	8.8	11.2	9.9
Return +
Return on Equity	14.9	20.1	18.3	20.1	25.6
Pre-tax ROCE	24.7	25.6	22.5	29.3	23.9
Return on Assets	8.6	9.2	9.2	9.9	12.7
Pre-tax ROIC	14.8	17.7	18.3	22.8	17.1
Efficiency +
Days Payable	-	-	-	-	-2,423,782.0
Days Inventory	-	-	-	-	-144,593.0
Days Receivable	31.0	25.0	45.0	18.0	16.0
Fixed Asset Turnover	17.8	20.0	24.0	25.0	30.2
Total Asset Turnover	1.3	0.9	1.0	0.9	1.2
Working Capital
Cash Conversion Cycle	31.0	25.0	45.0	18.0	2,279,205.0
Working Capital Days	85.0	116.0	132.0	146.0	97.0

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Solvency +
Total Debt/Equity	0.1	0.1	0.1	0.0	0.0
Net Debt/Equity	0.1	0.0	0.0	0.0	0.0
Total Debt/Assets	0.1	0.0	0.0	0.0	0.0
Total Assets/Equity	1.7	2.2	2.0	2.0	2.0
Liquidity +
Current Ratio	1.9	1.6	1.8	1.8	1.7
Quick Ratio	1.9	1.6	1.8	1.8	1.7
Interest Coverage	7.3	11.8	13.6	19.4	17.6
Performance
Gross Margin	100.0	100.0	100.0	100.0	100.0
Operating Margin	7.7	9.9	9.1	13.3	7.4
Net Margin	6.7	10.1	8.6	11.3	10.0
Return +
Return on Equity	14.9	20.1	17.8	20.3	25.7
Pre-tax ROCE	23.4	24.7	21.2	29.0	23.9
Return on Assets	8.6	9.2	8.9	10.0	12.8
Pre-tax ROIC	14.8	17.7	17.6	22.9	17.3
Efficiency +
Days Payable	-	-	-	-	-2,425,953.0
Days Inventory	-	-	-	-	-144,593.0
Days Receivable	36.0	28.0	46.0	20.0	17.0
Fixed Asset Turnover	17.8	20.0	24.1	25.0	30.2
Total Asset Turnover	1.3	0.9	1.0	0.9	1.2
Working Capital
Cash Conversion Cycle	36.0	28.0	46.0	20.0	2,281,377.0
Working Capital Days	90.0	120.0	135.0	149.0	98.0

Ratios

Current ratio

Debt/equity ratio

Charges on assets

Bank wise

Charges

The Karnataka Bank Limited

No. of Loans: 2

Total Amount : 1,354.7 cr

HDFC Bank Limited

No. of Loans: 2

Total Amount : 3.0 cr

Charge Holder	Amount	Date of creation/modification
HDFC Bank Limited	1.6 cr	16 Jul, 2025
The Karnataka Bank Limited	1,350.0 cr	04 Feb, 2025
HDFC Bank Limited	1.5 cr	05 Nov, 2024
The Karnataka Bank Limited	4.7 cr	13 Sep, 2023

Charges

The Karnataka Bank Limited

HDFC Bank Limited

Company Network

Companies connected through Directors

Name	Status	Paid up Capital	Common Directors	Address
Shah Doshi Services LLP	Active	1.0 L	3	Maharashtra
LAXMI CIVIL ENGINEERING INFRASTRUCTURE PRIVATE LIMITED	Active	10.0 L	2	Maharashtra
CLEAR COUNT SMART METERING PRIVATE LIMITED	Active	1.0 L	1	Maharashtra
NINE ELEMENTS DEVELOPERS PRIVATE LIMITED	Active	1.0 L	1	Maharashtra

Subsidiary Companies

Name	State / Country	Incorporation Year	Paidup Capital
LAXMI CIVIL ENGINEERING INFRASTRUCTURE PRIVATE LIMITED	Maharashtra	2013	₹ 10.0 L

Tofler Score

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Risk

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No risks identified

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CIN

U74210PN2000PTC014696

PAN

AAACL5602N

Incorporation

2000, 25.6 years

Company Email

accounts@lcepl.com

Paid up Capital

₹ 1.7 Cr

Authorised Capital

₹ 2.0 Cr

AGM

Sep 2024

Type

Private

Others

FAQ - LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED

What is the incorporation date of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED?

The incorporation date of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED is 31 March, 2000

What is the authorized share capital of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED?

The authorized share capital of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED is INR ₹ 2.0 Cr.

What is the paid-up capital of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED?

The paid-up capital of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED is INR ₹ 1.7 Cr.

What is the registered address of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED?

The registered address of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED is 1148 E WARD SYKES EXTENSION KOLHAPUR, KOLHAPUR, Maharashtra, India, 416001 - 416001

What is the CIN number of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED?

The CIN number of LAXMI CIVIL ENGINEERING SERVICES PRIVATE LIMITED is U74210PN2000PTC014696.

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