MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0000128
Lucy Engineering Works Private Limited - machinery and equipment in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹38.47 Cr
▼ 4% YoY
Net profit · FY 2025
₹2.04 Lakh
Net margin 0.1%
EBITDA · FY 2025
₹69.05 Lakh
EBITDA margin 1.8%
Authorised capital
₹1.5 Cr
Registered with MCA
Paid-up capital
₹1.36 Cr
Issued & subscribed
Satisfied charges
₹9.26 Cr
No open charges
Company age
18 yrs
Est. 2008
Employees · EPFO
8
Provident fund records
About Lucy Engineering Works Private Limited
Data last updated:
Lucy Engineering Works Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the process machinery and industrial equipment segment of the machinery and industrial equipment sector. It was incorporated on 03 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29100GJ2008PTC053488. Its GSTIN is 24AABCL4481C1ZV (Gujarat).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.36 Cr. It is led by directors including Ajaykumar Dhansukhlal Modi (Managing Director) and Ratnesh Ajaykumar Modi (Whole-Time Director).
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 Plot No 5915 Road No 59 GIDC Sachin, Surat, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.47 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Lakh (net margin 0.1%) and EBITDA of ₹69.05 Lakh (EBITDA margin 1.8%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 12% over five years.
The company has about 8 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹9.26 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
Lucy Engineering Works Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0000128). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website lucyengineering.com.
Company details
CIN U29100GJ2008PTC053488
Registration Number 053488
Incorporation Date 03 April 2008
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0000128
Key People
Ajaykumar Dhansukhlal Modi Managing Director Ratnesh Ajaykumar Modi Whole-Time Director Deval Ajaykumar Modi Whole-Time Director Recognitions & Rankings of Lucy Engineering Works
Contact details
Lucy Engineering Works Private Limited's registered office is in Surat, Gujarat. Its website is lucyengineering.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No 5915 Road No 59 GIDC Sachin, Surat, Gujarat, India – 394230
- IndustryMachinery and Equipment, Process Machinery & Industrial Equipment
To see the full contact details of Lucy Engineering Works Private Limited, buy the company report.
Comprehensive company report
Lucy Engineering Works 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Lucy Engineering Works is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Lucy Engineering Works Private Limited, buy the company report.
Financials of Lucy Engineering Works Private Limited
FY 2025 filings availableLucy Engineering Works Private Limited reported revenue of ₹38.47 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹38.47 Cr ▼ 4%
Net profit · FY 2025
₹2.04 Lakh margin 0.1%
EBITDA · FY 2025
₹69.05 Lakh margin 1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▲ 8%
5 years · compounded
▲ 12%
EBITDA CAGR growth
3 years · compounded
▼ 9%
5 years · compounded
▼ 3%
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. 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 | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹69.05 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.04 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Lucy Engineering Works Private Limited, buy the company report.
Board of directors of Lucy Engineering Works Private Limited
Lucy Engineering Works has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ratnesh Ajaykumar Modi | Whole-Time Director | 02 Jul 2018 | 8 Years 3 Months | Current |
| Deval Ajaykumar Modi | Whole-Time Director | 19 Dec 2012 | 13 Years 10 Months | Current |
| Ajaykumar Dhansukhlal Modi | Managing Director | 03 Apr 2008 | 18 Years 6 Months | Current |
Peer comparison
Lucy Engineering Works Private Limited is compared with the 6 companies closest to it by revenue in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| RK Label Printing Machinery Private Limited | ₹38.62 Cr (FY 2024) | -5.0% | Ahmedabad, Gujarat, India | |||
| Armech Engineers Private Limited | ₹38.62 Cr (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Twin Engineers Private Limited | ₹38.48 Cr (FY 2024) | 11.0% | Pune, Maharashtra, India | |||
| Lucy Engineering Works Private Limitedthis company | ₹38.47 Cr (FY 2025) | ₹2.04 Lakh | 0.1% | -4.0% | 8 | Surat, Gujarat, India |
| Serap India Private Limited | ₹38.25 Cr (FY 2025) | 8.0% | Halol, Gujarat, India | |||
| FCS Manufacturing (India) Private Limited | ₹38.18 Cr (FY 2025) | 61.0% | Ahmedabad, Gujarat, India | |||
| Parklayer Private Limited | ₹38.17 Cr (FY 2024) | -23.0% | Coimbatore, Tamil Nadu, India |
To see the full peer comparison of Lucy Engineering Works Private Limited, buy the company report.
Auditor
Lucy Engineering Works Private Limited is audited by U J Shah & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| U J Shah & Associates | FY 2023 | 107300 |
Shareholding
The shareholding of Lucy Engineering Works 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 Lucy Engineering Works Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹9.26 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2017 | 100114212 | Others | ₹1.7 Cr | Satisfied | |
| 17 Jul 2017 | 100114215 | Others | ₹1.7 Cr | Satisfied | |
| 14 Jun 2013 | 10466122 | The Surat People'S Co-Op Bank Limited | ₹88 Lakh | Satisfied | |
| 08 May 2012 | 10355775 | The Surat People'S Co-Op. Bank Ltd. | ₹1.48 Cr | Satisfied | |
| 08 May 2012 | 10355771 | The Surat People'S Co-Op. Bank Ltd. | ₹3.5 Cr | Satisfied |
To see the full charge records of Lucy Engineering Works Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Lucy Engineering Works Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Shaileshbhai Utambhai Vakhariya Proprietor of M/S. Narayan Oil and Gas Burn | Disposed |
To see the full case history of Lucy Engineering Works Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Lucy Engineering Works Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 264 overdue payments to 14 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sunrise Efficient Marketing Limited | |||
| Pavan Industries | |||
| an individual supplier | |||
| Lathia Industrial Roller Private Limited | |||
| Vijay Enterprises Pvt Ltd |
To see the full MSME payment records of Lucy Engineering Works Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Lucy Engineering Works Private Limited has a workforce of 8 employees on its EPFO records as of Apr 01, 2024, across 1 active EPFO establishment.
Employee count
8
Active EPFO establishments
1
Employee growth
-11.11%
GST
Lucy Engineering Works has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCL4481C1ZV | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lucy Engineering Works Private Limited, buy the company report.
Recent activity
Lucy Engineering Works Private Limited has 8 board changes on record since 2008: 3 appointments and 5 cessations. The latest: Ratnesh Ajaykumar Modi was appointed as Whole-Time Director on 02 Jul 2018.
AGM
Lucy Engineering Works Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lucy Engineering Works Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge registered on 17 Jul 2017 via Charge ID 100114212 with Others was fully satisfied on 11 May 2021.
Charges
A charge registered on 17 Jul 2017 via Charge ID 100114215 with Others was fully satisfied on 11 May 2021.
Charges
A charge registered on 08 May 2012 via Charge ID 10355775 with The Surat People'S Co-Op. Bank Ltd. was fully satisfied on 11 May 2021.
Appointed
Ratnesh Ajaykumar Modi was appointed as Whole-Time Director.
Ceased
Ratnesh Ajaykumar Modi ceased to be Director.
Ceased
Deval Ajaykumar Modi ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100114212 was registered on 17 Jul 2017.
Charges
A charge with Others amounted to Rs. 1.70 Cr with Charge ID 100114215 was registered on 17 Jul 2017.
Charges
A charge registered on 14 Jun 2013 via Charge ID 10466122 with The Surat People'S Co-Op Bank Limited was fully satisfied on 25 May 2016.
Ceased
Ajaykumar Dhansukhlal Modi ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Lucy Engineering Works is an active private limited company based in Surat, Gujarat, India. The company works in process machinery and industrial equipment, within the machinery and equipment industry. It was incorporated on 03 April 2008 (18+ years old) and is registered under CIN U29100GJ2008PTC053488.
Lucy Engineering Works has 3 current directors:
- Ajaykumar Dhansukhlal Modi - Managing Director
- Ratnesh Ajaykumar Modi - Whole-Time Director
- Deval Ajaykumar Modi - Whole-Time Director
The latest financial statements of Lucy Engineering Works 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 Lucy Engineering Works is 24AABCL4481C1ZV, registered in Gujarat.
The CIN (Corporate Identification Number) of Lucy Engineering Works is U29100GJ2008PTC053488. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lucy Engineering Works has 1 court case on record: 1 filed against it.
Lucy Engineering Works was incorporated on 03 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Lucy Engineering Works by revenue are RK Label Printing Machinery Private Limited, Armech Engineers Private Limited, Twin Engineers Private Limited, Serap India Private Limited, FCS Manufacturing (India) Private Limited and 1 more, all in the Machinery and Equipment industry (Process Machinery), with the same principal business activity (electrical equipment, general purpose and special purpose machinery & equipment, transport equipment).
Ratnesh Ajaykumar Modi was appointed as Whole-Time Director on 02 Jul 2018. Ratnesh Ajaykumar Modi ceased to be Director on 02 Jul 2018. Deval Ajaykumar Modi ceased to be Director on 27 Feb 2018. Lucy Engineering Works has 8 board changes on record in total.
Yes, Lucy Engineering Works is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0000128).
Lucy Engineering Works has 12 MSME Form 1 returns on record between 2019 and 2023, listing 264 overdue payments to 14 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Lucy Engineering Works can be reached through the website lucyengineering.com. Its registered office is in Surat, Gujarat, India.