Lucid Diagnostic Solutions Private Limited
About Lucid Diagnostic Solutions Private Limited
Data last updated:
Lucid Diagnostic Solutions Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Lucid Medical Diagnostics Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the diagnostic centers and pathology labs segment of the healthcare sector. It was incorporated on 10 February 2010.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U85100TG2010PTC066965.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was led by directors Meghna Reddy Mallidi and Sunitha Lingareddy.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No: 18 Rao & Raju Colony Road No: 2 Banjara Hills, Hyderabad, Telangana, India – 500034.
As per the financials filed for FY 2021, the company reported a revenue of ₹11.14 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹14.48 Lakh (net margin 1.3%) and EBITDA of ₹1.36 Cr (EBITDA margin 12.2%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 3% over five years.
The company had about 60 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Lucid Medical Diagnostics. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2015.
Company details
CIN history
Lucid Diagnostic Solutions has one previous CIN (Corporate Identification Number): U85100AP2010PTC066965. The current CIN is U85100TG2010PTC066965, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85100TG2010PTC066965 | Current |
| U85100AP2010PTC066965 | Previous |
Contact details
Lucid Diagnostic Solutions Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address is in the company report.
- Email
- Registered AddressPlot No: 18 Rao & Raju Colony Road No: 2 Banjara Hills, Hyderabad, Telangana, India – 500034
- IndustryHealthcare, Diagnostic Centers & Pathology Labs
To see the full contact details of Lucid Diagnostic Solutions 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
Brands
Lucid Diagnostic Solutions operates one associated brand: Lucid Medical Diagnostics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Radiology and pathology diagnostics are provided through laboratory chains. | luciddiagnostics.com |
Business activity
The main business activity of Lucid Diagnostic Solutions is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. |
To see the full business activity and turnover split of Lucid Diagnostic Solutions Private Limited, buy the company report.
Financials of Lucid Diagnostic Solutions Private Limited
FY 2021 filings availableLucid Diagnostic Solutions Private Limited reported revenue of ₹11.14 Cr (up 1% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 1% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 3%. EBITDA fell 14% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.14 Cr | ||||
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| EBITDA | ₹1.36 Cr | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹14.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.2% | ||||
| Net Profit Margin | 1.3% | ||||
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To see the full financial statements and ratios of Lucid Diagnostic Solutions Private Limited, buy the company report.
Board of directors of Lucid Diagnostic Solutions Private Limited
Lucid Diagnostic Solutions has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meghna Reddy Mallidi Also directs: Lucid Medical Diagnostics Private Limited | Director | 02 May 2019 | 7 Years 5 Months | As last reported |
| Sunitha Lingareddy | Director | 25 Nov 2011 | 14 Years 11 Months | As last reported |
Auditor
Lucid Diagnostic Solutions Private Limited is audited by DHANUNJAYA & HARANATH for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DHANUNJAYA & HARANATH | FY 2021 | 014288S |
Shareholding
The shareholding of Lucid Diagnostic Solutions Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Lucid Diagnostic Solutions Private Limited, buy the company report.
Deals & funding
Lucid Diagnostic Solutions Private Limited has 3 deals on record (3 secondary share transfers); the latest was in September 2015.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Lucid Medical Diagnostics Private Limited |
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Lucid Medical Diagnostics Private Limited Seller: an individual |
| Dec 2010 | Secondary share transfer | Undisclosed | Buyer: Lucid Medical Diagnostics Private Limited , an individual Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Lucid Diagnostic Solutions 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 Diagnostic Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Lucid Diagnostic Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Lucid Diagnostic Solutions Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Meghna Reddy Mallidi ceased to be Additional Director on 30 Sep 2019.
Frequently asked questions
Lucid Diagnostic Solutions has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Lucid Diagnostic Solutions was a private limited company based in Hyderabad, Telangana, India. The company worked in diagnostic centers and pathology labs, within the healthcare industry. It was incorporated on 10 February 2010 and is registered under CIN U85100TG2010PTC066965. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Lucid Diagnostic Solutions was incorporated on 10 February 2010. It is registered with the Registrar of Companies, Hyderabad.
Lucid Diagnostic Solutions had 2 directors:
- Meghna Reddy Mallidi - Director
- Sunitha Lingareddy - Director
The CIN (Corporate Identification Number) of Lucid Diagnostic Solutions is U85100TG2010PTC066965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Lucid Diagnostic Solutions is at Plot No: 18 Rao & Raju Colony Road No: 2 Banjara Hills, Hyderabad, Telangana, India – 500034.
The latest financial statements of Lucid Diagnostic Solutions on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
Lucid Diagnostic Solutions operated in the healthcare industry, in the diagnostic centers and pathology labs segment.
Lucid Diagnostic Solutions has 3 deals on record (3 secondary share transfers); the latest was in September 2015.
Meghna Reddy Mallidi ceased to be Additional Director on 30 Sep 2019. Venkatesh Kumar Rachaputi ceased to be Director on 31 Jul 2019. Meghna Reddy Mallidi was appointed as Director on 02 May 2019. Lucid Diagnostic Solutions has 8 board changes on record in total.