Latest news about L. T. Elevator
L. T. Elevator
208.00
-2.90(-1.38%)
Company Performance:
View Company Insights1D-1.38%
1M+20.86%
6M+28.36%
1Y+45.56%
5Y+45.56%
More news about L. T. Elevator
09Jan 26
L.T. Elevator Limited Announces Strategic Merger with Ricardo Elevators to Enter Premium Home Elevator Market
L.T. Elevator Limited announced the strategic merger of Ricardo Elevators Private Limited, approved by the board on January 9, 2026. Ricardo Elevators generates monthly order inflows of ₹6.00 crore with 3-6 month delivery cycles. The merger aims to accelerate entry into the premium D2C home elevator market through enhanced manufacturing integration and expanded market reach. An investor conference call is scheduled for January 19, 2025.
18Dec 25
L.T. Elevator Limited Receives ₹5,900 Penalty for Delayed Related Party Transaction Disclosure
L.T. Elevator Limited disclosed receiving a ₹5,900.00 penalty from BSE Limited for delayed submission of related party transaction disclosures under SEBI regulations. The company received notification on December 16, 2025, regarding the violation of Regulation 23(9) of SEBI (LODR) Regulations 2015. The management has assured that the penalty will not impact the company's financial or operational activities and has committed to strict compliance with all applicable SEBI regulations in the future.
13Dec 25
L.T. Elevator Subsidiary Acquires Commercial Land in Howrah for ₹63.27 Lacs
Park Smart Solutions Limited, a wholly owned subsidiary of L.T. Elevator Limited, has acquired 324.5 decimals of commercial land in Howrah, West Bengal for ₹63.27 lacs. The land is located at Mouza: Joypur Block: Amta-2, JL No. 71, Police station: Joypur, District: Howrah 711401. This acquisition aligns with L.T. Elevator's expansion strategy and is expected to enhance the company's operational capabilities. The transaction was conducted at arm's length, with no connection to promoters or group companies.
12Dec 25
L.T. Elevator Limited Acquires Commercial Land in Howrah for ₹66.21 Lakh
L.T. Elevator Limited has acquired commercial land measuring 274 decimals in Howrah district for ₹66.21 lakh as part of its expansion strategy. The Board approved the purchase on December 12, 2025, with the agreement executed on November 23, 2025. The acquisition involves independent sellers with no promoter group connections and is expected to strengthen the company's operational capabilities.
11Nov 25
L.T. Elevator Limited Reports 140% Revenue Growth in H1FY26
L.T. Elevator Limited announced impressive H1FY26 financial results, showcasing significant growth. Total income increased by 140% to ₹46.99 Cr, EBITDA grew by 289% to ₹10.01 Cr, and PAT surged by 597% to ₹6.45 Cr. The company's EBITDA margin improved to 21.3%, while PAT margin reached 13.6%. L.T. Elevator successfully entered the ₹2000 crore home elevator market and expects continued growth in the second half. The company's performance is attributed to its integrated business model and increased share of high-margin government projects.
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