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Small-Cap BSE SME: LTELEVATOR Elevator Manufacturing · Smart City · Parking Systems

L.T. Elevator Ltd

An elevator manufacturer with a 65% five-year profit CAGR, operating automated car-parking systems through a subsidiary — listed on BSE SME in September 2025 at a 74% listing premium.

Market Cap
~₹454 Cr
Revenue (FY)
₹111 Cr
Net Profit (FY)
₹17 Cr
5-Yr Profit CAGR
65%
LinkedIn coverage — link will appear once posted
01

Company Description

L.T. Elevator designs, manufactures, installs, commissions and maintains elevators — operating under both EPC and O&M/AMC (annual maintenance contract) models with a strong focus on Eastern India, including smart city projects in Silchar and Imphal.

Through its subsidiary Park Smart Solutions, it delivers turnkey automated multi-level car parking systems — a second revenue stream from the same engineering base.

Listed on the BSE SME platform in September 2025 (subscribed 170×, listed at a 74% premium), it still primarily sits in SME databases rather than mainstream mainboard research coverage — despite a reported 65% five-year profit CAGR that would attract significant attention if reported by a larger company.

Management image pending Official company image not available yet · this section will be updated when provided
Management
Chairman & Management
L.T. Elevator Ltd · Management Commentary
02
In Their Own Words
Management response pending

We reached out to L.T. Elevator management with four plain questions. When they respond, answers will appear here in full, unedited, clearly labelled as management's own words.

01. What does your company do, in plain terms?
Management response pending — the company has not provided a direct statement at the time of publication. This section is reserved for the company's own words and future updates.
02. Why should a retail investor take a second look?
Management response pending — the company has not provided a direct statement at the time of publication. This section is reserved for the company's own words and future updates.
03. What do people usually get wrong about the business?
Management response pending — the company has not provided a direct statement at the time of publication. This section is reserved for the company's own words and future updates.
04. What are you building toward for your customers — not the stock?
Management response pending — the company has not provided a direct statement at the time of publication. This section is reserved for the company's own words and future updates.
03

Company Numbers

Source: Public exchange filings and company financial data, as reported. Verify against latest filings before relying on any figure here.

Market Cap
~₹454 Cr
Revenue (FY)
₹111 Cr
Net Profit (FY)
₹17 Cr
5-Yr Profit CAGR
65%
Promoter Holding
62.9%
Net Debt
Near zero

Worth watching: A reported 65% five-year profit CAGR is a striking figure — worth confirming it holds as the company scales beyond its regional Eastern India base and as the Park Smart car-parking subsidiary matures into a meaningful revenue contributor.

04

Company Performance

FY 2021
₹2.1 Cr
FY 2023
₹9.8 Cr
FY 2025
₹17 Cr

Source: Public company filings, as reported. These are reported figures, not Pasal Wealth's projections.

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Why almost nobody's looked at this yet

  • 01BSE SME listing means it sits in a separate research universe. Most institutional and retail investors don't track SME-platform companies — they only appear in specialised SME-focused coverage.
  • 02Eastern India focus keeps it outside metro-centric coverage. Smart city contracts in Silchar and Imphal are real projects but receive minimal national press.
  • 03AMC/recurring revenue side is under-discussed. The O&M annual maintenance contract stream is arguably the most durable value driver — but almost no coverage explains how it works or its size.