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Ecorico Zags Private Limited - food and beverages in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.96 Lakh
▲ 51% YoY
Net loss · FY 2025
₹22.72 Lakh
Net margin -73.4%
EBITDA · FY 2025
-₹21.56 Lakh
EBITDA margin -69.6%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹1.12 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
3
As per MCA filings
Active GSTINs
3
GST registered
About Ecorico Zags Private Limited
Data last updated:
Ecorico Zags Private Limited is a private limited company based in Mumbai, Maharashtra, India, recognised as a startup by DPIIT. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 22 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U15400MH2021PTC357538. Its GSTIN is 27AAGCE3925R1Z1 (Maharashtra). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹1.12 Lakh. It is led by directors including Megha Rawal and Rameet Kaur Sahil Gidwani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 & 11 New Monalisa Chs Ltd St. John Baptist Road Bandra (W), Mumbai, Maharashtra, India – 400050.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.96 Lakh, a growth of 51% compared to the previous year. For the same year it recorded a net loss of ₹22.72 Lakh (net margin -73.4%) and EBITDA of -₹21.56 Lakh (EBITDA margin -69.6%). Revenue has grown at a compounded annual rate (CAGR) of 88% over three years.
The company is associated with 1 brand: Mezmo Candy.
Ecorico Zags Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0065950). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mezmocandy.com.
Company details
CIN U15400MH2021PTC357538
Registration Number 357538
Incorporation Date 22 March 2021
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0065950
Recognitions & Rankings of Ecorico Zags
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0065950
Contact details
Ecorico Zags Private Limited's registered office is in Mumbai, Maharashtra. Its website is mezmocandy.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1 & 11 New Monalisa Chs Ltd St. John Baptist Road Bandra (W), Mumbai, Maharashtra, India – 400050
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Ecorico Zags Private Limited, buy the company report.
Comprehensive company report
Ecorico Zags Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Brands
Ecorico Zags operates one associated brand: Mezmo Candy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Jellies are offered as an internet-first brand from India. | mezmocandy.com |
Business activity
The main business activity of Ecorico Zags is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ecorico Zags Private Limited, buy the company report.
Financials of Ecorico Zags Private Limited
FY 2025 filings availableEcorico Zags Private Limited reported revenue of ₹30.96 Lakh (up 51% YoY) for FY 2025.
Revenue · FY 2025
₹30.96 Lakh ▲ 51%
Net loss · FY 2025
₹22.72 Lakh margin -73.4%
EBITDA · FY 2025
-₹21.56 Lakh margin -69.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 51%
3 years · compounded
▲ 88%
EBITDA CAGR growth
1 year
▼ 3%
3 years · compounded
▼ 1%
Revenue has grown at a compounded annual rate (CAGR) of 88% over three years, including 51% growth in the latest year. EBITDA fell 3% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹21.56 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹22.72 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -69.6% | ||||
| Net Profit Margin | -73.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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To see the full financial statements and ratios of Ecorico Zags Private Limited, buy the company report.
Board of directors of Ecorico Zags Private Limited
Ecorico Zags has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Megha Rawal | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Rameet Kaur Sahil Gidwani | Director | 22 Mar 2021 | 5 Years 7 Months | Current |
| Manasi Sachin Sachdev Also directs: Veeplast Houseware LLP, Nissan Thermoware LLP | Director | 08 Jul 2022 | 4 Years 4 Months | Current |
Peer comparison
Ecorico Zags Private Limited is compared with the 4 companies closest to it by revenue in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saubhagya Laxmi Foodmart Private Limited | ₹31.15 Lakh (FY 2024) | -50.0% | Varanasi, Uttar Pradesh, India | |||
| Shanta Enterprises Pvt Ltd | ₹31.01 Lakh (FY 2024) | -97.0% | Kolkata, West Bengal, India | |||
| Ecorico Zags Private Limitedthis company | ₹30.96 Lakh (FY 2025) | -₹22.72 Lakh | -73.4% | 51.0% | Mumbai, Maharashtra, India | |
| RKS All in One Fresh Market Private Limited | ₹30.9 Lakh (FY 2018) | Chennai, Tamil Nadu, India | ||||
| Shraddha Suman Udyog Private Limited | ₹30.89 Lakh (FY 2024) | 31.0% | Patna, Bihar, India |
To see the full peer comparison of Ecorico Zags Private Limited, buy the company report.
Auditor
Ecorico Zags Private Limited is audited by JYOTI BOHARA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JYOTI BOHARA | FY 2023 | 150024 |
Shareholding
The shareholding of Ecorico Zags Private Limited is on record for 2 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ecorico Zags Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ecorico Zags Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ecorico Zags Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ecorico Zags has 3 GST registrations: 3 active.
Total GSTINs
3
Active
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCE3925R1Z1 | Maharashtra | Active | 15 Apr 2021 |
| 29AAGCE3925R1ZX | Karnataka | Active | 26 Nov 2022 |
| 06AAGCE3925R1Z5 | Haryana | Active | 12 Dec 2022 |
To see the full GST registrations and return filing status of Ecorico Zags Private Limited, buy the company report.
Recent activity
Ecorico Zags Private Limited has 3 board changes on record since 2021: 3 appointments. The latest: Manasi Sachin Sachdev was appointed as Director on 08 Jul 2022.
AGM
Ecorico Zags Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ecorico Zags Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Manasi Sachin Sachdev was appointed as Director.
Appointed
Megha Rawal was appointed as Director.
Appointed
Rameet Kaur Sahil Gidwani was appointed as Director.
Incorporation
22 Mar 2021
Ecorico Zags Private Limited was registered on 22 Mar 2021 with Roc Mumbai I & aged 5 years 7 months as per MCA records.
Frequently asked questions
Ecorico Zags is an active private limited company based in Mumbai, Maharashtra, India. The company works in food and beverage retail and distribution, within the food and beverages industry. It was incorporated on 22 March 2021 (5+ years old) and is registered under CIN U15400MH2021PTC357538.
Ecorico Zags has 3 current directors:
- Megha Rawal - Director
- Rameet Kaur Sahil Gidwani - Director
- Manasi Sachin Sachdev - Director
The latest financial statements of Ecorico Zags on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ecorico Zags is 27AAGCE3925R1Z1, registered in Maharashtra. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 29AAGCE3925R1ZX (Karnataka), 06AAGCE3925R1Z5 (Haryana).
The CIN (Corporate Identification Number) of Ecorico Zags is U15400MH2021PTC357538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ecorico Zags was incorporated on 22 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ecorico Zags by revenue are Saubhagya Laxmi Foodmart Private Limited, Shanta Enterprises Pvt Ltd, RKS All in One Fresh Market Private Limited, Shraddha Suman Udyog Private Limited, all in the Food and Beverages industry (Food and Beverages Retail and Distribution), with the same principal business activity (wholesale trading).
Manasi Sachin Sachdev was appointed as Director on 08 Jul 2022. Megha Rawal was appointed as Director on 22 Mar 2021. Rameet Kaur Sahil Gidwani was appointed as Director on 22 Mar 2021.
Yes, Ecorico Zags is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Ecorico Zags is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0065950).
Ecorico Zags can be reached through the website mezmocandy.com. Its registered office is in Mumbai, Maharashtra, India.
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