L. T. Elevator

About the Company

L.T. Elevator provides elevator system solutions with focus on service, engineering and technical solutions. The company offers end-to-end solutions from elevator manufacturing, installation, commissioning and servicing under annual maintenance contracts. It provides EPC (engineering, procurement and construction) and O&M (operations and maintenance) services to customers. Park Smart Solutions, their subsidiary, specializes in automated multi-level car parking systems.

Strengths

• Manufacturing plant equipped with the latest machinery and technology to design, manufacture and install its products.
• Experienced and technically advanced manpower.
• Strong brand recognition and reputation for excellence in manufacturing of customized elevators.
• Wide range of products offered.
• Strong relationship with international suppliers of raw materials.
• Well-equipped R&D and quality control process.

Risks

• Manufacturing facility located in a single location creating operational risk
• Dependence on obtaining and renewing various approvals and licences.
• Reliance on stable logistics and transportation infrastructure for operations
• Seasonal and other fluctuations affecting cash flows and business operations
• Outstanding legal proceedings involving the company and directors
• Unsecured loans from related parties repayable on demand affecting cash flows