Lohia Corp Limited
RHP · filed 17 Jul 2026
Lohia Corp Limited manufactures machinery and equipment for technical textiles, including woven raffia machines, which accounted for over 85% of its revenue in the last three fiscal years. The company reported a revenue of Rs 311.5 crore and a profit after tax of Rs 30.1 crore in the latest fiscal year. The IPO offer is structured as an offer for sale of 1,16,00,000 equity shares by the promoters and selling shareholders. The company faces significant risks related to its heavy dependence on the performance of the woven raffia machines market and the demand for end-use products such as agro-textiles and geo-textiles.
What stands out
Risk factor. The Company is heavily dependent on the performance of the woven raffia machines market, deriving 88.16% of revenue from operations in Fiscal 2026, 87.28% in Fiscal 2025, and 85.68% in Fiscal 2024 from this segment.
Risk factor. The demand for the machinery and equipment the Company manufactures is dependent on the demand for end-use products such as agro-textiles, building-textiles, geo-textiles, and packing-textiles.
Risk factor. The production and sales of technical textiles may be affected by general economic or industry conditions, including seasonal trends in the agriculture sector, recessionary trends in the global and domestic economies, volatility in the construction sector, and evolving regulatory requirements.
Low leverage. Debt-to-equity of 0.00x.
How the offer is structured
- carry out the Offer for Sale of 25,931,407 Equity Shares of face value of ₹ 1 each aggregating up to ₹ [●] million by the Selling Shareholders
- achieve the benefits of listing the Equity Shares on the Stock Exchanges
Restated financials
Revenue
₹312 Cr
Latest fiscal year
Profit after tax
₹30.1 Cr
Revenue CAGR
0.0%
Return on equity
9.4%
Debt / equity
0.00
PAT CAGR
0.0%
| Fiscal year | Revenue | EBITDA | PAT | Net worth |
|---|---|---|---|---|
| 2025 | ₹312 Cr | ₹48.1 Cr | ₹30.1 Cr | ₹319 Cr |
| 2026 | ₹312 Cr | ₹48.1 Cr | ₹30.1 Cr | ₹319 Cr |
Promoters, litigation & related parties
Promoter (pre)
72.9%
Except as disclosed in this section
Risks the company discloses
The Company is heavily dependent on the performance of the woven raffia machines market, deriving 88.16% of revenue from operations in Fiscal 2026, 87.28% in Fiscal 2025, and 85.68% in Fiscal 2024 from this segment.(Revenue Concentration)
The Company is among the leading global manufacturers of machinery and equipment for technical textiles by revenue in 2024, with a 15.4% share of the global woven Raffia machinery market by value.(Market Position)
The demand for the machinery and equipment the Company manufactures is dependent on the demand for end-use products such as agro-textiles, building-textiles, geo-textiles, and packing-textiles.(End-Use Market Dependency)
The production and sales of technical textiles may be affected by general economic or industry conditions, including seasonal trends in the agriculture sector, recessionary trends in the global and domestic economies, volatility in the construction sector, and evolving regulatory requirements.(Economic and Regulatory Environment)
The Company's sales volumes, profitability, and liquidity are closely tied to the level of agricultural, construction, and textiles activity worldwide, as the end-users for its products primarily operate in these sectors.(Economic and Regulatory Environment)
The agricultural sector is inherently seasonal and is further impacted by factors including agricultural commodity prices, costs of fertilizers, and adverse weather conditions.(Economic and Regulatory Environment)
The construction sector is prone to seasonality owing to factors such as the inconsistent real estate market, economic downturns that cease construction activity, and macro-economic conditions.(Economic and Regulatory Environment)
The Company may not be able to stay abreast of global trends concerning the end-use industries in which products from its machineries are used.(Strategic Risk)
How this document reads, dimension by dimension
Each bar is a fixed formula applied to the figures shown above, scored 0–100. This is a reading of what the company disclosed — not a recommendation to apply or avoid, not a price target, and not a prediction of listing performance. Dimensions that could not be extracted are excluded rather than assumed, so coverage varies between documents.

