About Lucid Agro Private Limited
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Lucid Agro Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the food and beverage distribution segment of the food and beverages sector. It was incorporated on 05 October 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01122MH2006PTC406754. Its GSTIN is 27AABCL2831L1ZG (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It is led by directors Kunal Uday Merchant and Uday Chaturbhuj Merchant.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹31.9 Lakh (net margin 77.7%) and EBITDA of ₹39.45 Lakh (EBITDA margin 96.1%). Revenue has grown at a compounded annual rate (CAGR) of 401% over five years.
As per MCA filings, the company has satisfied charges of ₹2.25 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lucidagro.com.
Company details
CIN history
Lucid Agro has one previous CIN (Corporate Identification Number): U01122RJ2006PTC023176. The current CIN is U01122MH2006PTC406754, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01122MH2006PTC406754 | Current |
| U01122RJ2006PTC023176 | Previous |
Contact details
Lucid Agro Private Limited's registered office is in Mumbai, Maharashtra. Its website is lucidagro.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address401A Navbharat Estates, Zakaria Bunder Road Sewri West, Mumbai, Maharashtra, India – 400015
- IndustryFood and Beverages, Food & Beverage Retail & Distribution
To see the full contact details of Lucid Agro Private Limited, buy the company report.
- 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
Financials of Lucid Agro Private Limited
FY 2025 filings availableLucid Agro Private Limited reported revenue of ₹41.06 Lakh (up 382% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 401% over five years, including 382% growth in the latest year. EBITDA rose 640% 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 |
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| EBITDA | ₹39.45 Lakh | ||||
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| Net Profit (PAT) | ₹31.9 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 96.1% | ||||
| Net Profit Margin | 77.7% | ||||
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To see the full financial statements and ratios of Lucid Agro Private Limited, buy the company report.
Board of directors of Lucid Agro Private Limited
Lucid Agro has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Uday Merchant Also directs: Kum Design Private Limited | Director | 05 Oct 2006 | 20 Years 0 Months | Current |
| Uday Chaturbhuj Merchant Also directs: Lucid Colloids Limited | Director | 05 Oct 2006 | 20 Years 0 Months | Current |
Auditor
Lucid Agro Private Limited is audited by Phirodia Bafna & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Phirodia Bafna & Associates | FY 2023 | 107911W |
Shareholding
The shareholding of Lucid Agro Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lucid Agro Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Apr 2010 | 10221311 | Bank of Baroda | ₹2.25 Cr | Satisfied |
To see the full charge records of Lucid Agro Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Lucid Agro 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 Lucid Agro Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lucid Agro has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL2831L1ZG | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lucid Agro Private Limited, buy the company report.
Recent activity
Lucid Agro Private Limited has 4 board changes on record since 2006: 2 appointments and 2 cessations. The latest: Anand Jayant Vashi ceased to be Director on 20 Feb 2018.
Frequently asked questions
Lucid Agro 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 05 October 2006 (20+ years old) and is registered under CIN U01122MH2006PTC406754.
Lucid Agro has 2 current directors:
- Kunal Uday Merchant - Director
- Uday Chaturbhuj Merchant - Director
The latest financial statements of Lucid Agro 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 2015 are in the company report.
The GSTIN of Lucid Agro is 27AABCL2831L1ZG, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Lucid Agro is U01122MH2006PTC406754. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lucid Agro was incorporated on 05 October 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Anand Jayant Vashi ceased to be Director on 20 Feb 2018. Nikunj Chinubhai Dhuldhoya ceased to be Additional Director on 09 Jul 2011. Kunal Uday Merchant was appointed as Director on 05 Oct 2006. Lucid Agro has 4 board changes on record in total.
Lucid Agro can be reached through the website lucidagro.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Lucid Agro is at 401A Navbharat Estates, Zakaria Bunder Road Sewri West, Mumbai, Maharashtra, India – 400015.
Lucid Agro operates in the food and beverages industry, in the food and beverage retail and distribution segment.