Promoter holding
64.27%
LP
Lucro Plastecycle Private Limited - Due diligence report
A 360° intelligence report on Lucro: trust score, financial health, credit view, compliance, directors, growth and distress signals - genera…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹449
Save ₹251
excl. GST
Or from ₹279/report with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Lucro — 360° Intelligence Report
Generated from MCA filings & public records93/100
Trust Score
Low Risk
Lucro is assessed as Low Risk with a Trust Score of 93/100. Lucro is an active private limited indian non-government company incorporated in 2019, operating in the Manufacturing sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and low financial risk profile.
Report generated on 15 Jul 2026 from the latest processed filings. Lucro Plastecycle Private Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
93/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
90/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
80/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 65/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 12 open (58.69 cr) · 9 satisfied (15.74 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Axis Bank Limited | 1 | 48.0 cr |
| Sidbi | 12 | 48.0 cr |
| Yes Bank Limited | 1 | 48.0 cr |
| Others | 2 | 48.0 cr |
| United Bank Of India | 1 | 48.0 cr |
| Syndicate Bank | 2 | 48.0 cr |
Compliance Score: 100/100 Low Risk
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- 7 active GST registration(s).
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| UJWAL DHRUVEN DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| ROBERT IRA KAPLAN | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SAUMIL DINESH DESAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Varun Dinesh Karasia | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 4 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
- Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
7 allotment(s) · 0 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Tattva Enterprises Llp | Subsidiary Company | 74.00% |
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 90 · Distress 80
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Latest year revenue grew 24%.
Asset base grew 0.86 - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 6 years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Outside liabilities up 61% in a year.
12 open charge(s) registered - assets are encumbered.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence92/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Statutory record is clean.
- 1 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment83/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 12 open charge(s) of 58.69 cr already registered.
- Compliance record supports lending.
Investor view92/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 4 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events12 Dec 2025
Director appointed
Varun Dinesh Karasia (Additional Director)
02 Sep 2025
Last AGM held
Annual general meeting
03 Jul 2025
Charge satisfied
Sidbi
26 May 2025
Charge created
Yes Bank Limited - 10.00 cr
31 Mar 2025
Latest balance sheet
Filed with ROC
04 Mar 2025
Charge created
Canara Bank - 29.70 Lakh
24 Feb 2025
Charge created
Sidbi - 3.01 cr
20 Dec 2024
Charge created
Sidbi - 3.36 cr
03 Dec 2024
Charge satisfied
Sidbi
24 Oct 2024
Charge created
Sidbi - 1.45 cr
14 Oct 2024
Charge satisfied
Others
06 Sep 2024
Charge satisfied
Sidbi
02 Sep 2024
Charge satisfied
Canara Bank
Charge satisfied
Syndicate Bank
15 Jul 2024
Charge satisfied
Sidbi
10
Key Observations
Auto-generated from the data aboveRevenue grew 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
Debt-to-equity stands at 24% - manageable leverage.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
4 active director(s) / partner(s); board looks stable and experienced.
7 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 7 security allotment(s) - amounts available in the full report.
| Company | CIN | Location |
|---|---|---|
| Mehler Engineered Products India Private Limited | U51217KA2008FTC048533 | Bangalore, Karnataka, India |
| Marco Cables & Conductors Limited | L27320MH1989PLC051376 | Thane, Maharashtra, India |
| Salasar Technotex Private Limited | U25209UP2020PTC133589 | Gorakhpur, Uttar Pradesh, India |
| Sentini Flopipes India Private Limited | U74999TG2018PTC123244 | Hyderabad, Telangana, India |
| Cool Caps Industries | L27101WB2015PLC208523 | Kolkata, West Bengal, India |
| Gopalapolyplast | L25200GJ1984PLC050560 | Ahmedabad, Gujarat, India |
| Anya Polytech & Fertilizers Limited | U01403DL2011PLC225541 | New Delhi, Delhi, India |
| Texel Industries | L29100GJ1989PLC012576 | Matar, Gujarat, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Lucro before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Lucro: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 90/100, margin trends, ownership structure and peer set for Lucro - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 93/100, distress signals and MSME payment-delay disclosures - know whether Lucro pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Lucro - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Lucro an active company?
Lucro has MCA status “Active” with a compliance score of 100/100 (Low Risk).
Is Lucro financially healthy?
Lucro has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Lucro?
Its overall Trust Score is 93/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Lucro?
Promoters hold a majority stake - exact percentages are in the full report. 4 active director(s) are on record.
Does Lucro have loans or charges against its assets?
12 open charge(s) are registered against its assets, and 9 earlier charge(s) stand satisfied.
Is Lucro up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).
Is it risky to lend to Lucro?
Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
