About Fortrea Scientific Private Limited
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Fortrea Scientific Private Limited is a private limited company based in Pune, Maharashtra, India, a subsidiary of Fortrea Asia-Pacific Inc (Formerly: Covance Asia-Pacific Inc). It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72300PN2007PTC230189. Its GSTIN is 27AAKCS7755B1Z4 (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Labcorp Scientific Services & Solutions Private Limited and Sciformix Technologies Private Limited. It is led by directors David Howard Cooper and Rishi Raj Sharma.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Qubix Business Park, Pune, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹382.4 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹61.23 Cr (net margin 16%) and EBITDA of ₹98.83 Cr (EBITDA margin 25.8%).
The company has about 1,822 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Covance and Fortrea.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fortrea.com.
Company details
Name history
Fortrea Scientific has undergone 4 name changes throughout its history. The current legal name is Fortrea Scientific Private Limited.
| Company Name | Status |
|---|---|
| Fortrea Scientific Private Limited | Current |
| Labcorp Scientific Services & Solutions Private Limited | Previous |
| Sciformix Technologies Private Limited | Previous |
| Labcrop Scientific Services & Solutions Private Limited | Previous |
| Covance Scientific Services & Solutions Private Limited | Previous |
CIN history
Fortrea Scientific has one previous CIN (Corporate Identification Number): U72300MH2007PTC170183. The current CIN is U72300PN2007PTC230189, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72300PN2007PTC230189 | Current |
| U72300MH2007PTC170183 | Previous |
Contact details
Fortrea Scientific Private Limited's registered office is in Pune, Maharashtra. Its website is fortrea.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressQubix Business Park Pvt Ltd(SEZ) Blue Ridge It6 First Floor S No. 154/6, Near Rajiv Gandhi Infotech Park Hinjewadi Phase 1, Pune, Maharashtra, India – 411057
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Fortrea Scientific 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
Fortrea Scientific operates two associated brands: Covance and Fortrea. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| CRO offering comprehensive drug development solutions from drug discovery to life cycle management | covance.com | |
| Provider of early & late phase clinical development, market access, and HEOR strategy services | fortrea.com |
Business activity
The main business activity of Fortrea Scientific is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, scientific and technical activities | 74 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Fortrea Scientific Private Limited, buy the company report.
Financials of Fortrea Scientific Private Limited
FY 2024 filings availableFortrea Scientific Private Limited reported revenue of ₹382.4 Cr (up 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 34% in the latest 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 | ₹98.83 Cr | ||||
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| Net Profit (PAT) | ₹61.23 Cr | ||||
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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 | 25.8% | ||||
| Net Profit Margin | 16% | ||||
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To see the full financial statements and ratios of Fortrea Scientific Private Limited, buy the company report.
Board of directors of Fortrea Scientific Private Limited
Fortrea Scientific has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Howard Cooper | Director | 30 Jun 2023 | 3 Years 4 Months | Current |
| Rishi Raj Sharma | Director | 11 Sep 2023 | 3 Years 1 Months | Current |
Auditor
Fortrea Scientific Private Limited is audited by Vasan & Sampath LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Vasan & Sampath LLP | FY 2023 | 004542S/S200070 |
Shareholding
The shareholding of Fortrea Scientific 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 Fortrea Scientific Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fortrea Scientific 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
Fortrea Scientific Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 27 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Archer Tours Private Limited | |||
| Syndrome Technologies Private Limited | |||
| an individual supplier | |||
| Hygienetech India Private Limited | |||
| Quad One Technologies Private Limited |
To see the full MSME payment records of Fortrea Scientific Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Fortrea Scientific Private Limited has a workforce of 1,822 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Fortrea Scientific has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS7755B1Z4 | Maharashtra | Active | 01 Jul 2017 |
| 27AAKCS7755B3Z2 | Maharashtra | Active | 28 Aug 2017 |
| 27AAKCS7755B2Z3 | Maharashtra | Active | 07 Sep 2017 |
| 27AAKCS7755B4Z1 | Maharashtra | Active | 17 Oct 2019 |
To see the full GST registrations and return filing status of Fortrea Scientific Private Limited, buy the company report.
Recent activity
Fortrea Scientific Private Limited has 18 board changes on record since 2007: 3 appointments and 15 cessations. The latest: David Howard Cooper ceased to be Additional Director on 25 Sep 2023.
9 earlier events are in the company report.
News
Frequently asked questions
Fortrea Scientific is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 April 2007 (19+ years old) and is registered under CIN U72300PN2007PTC230189.
Fortrea Scientific has 2 current directors:
- David Howard Cooper - Director
- Rishi Raj Sharma - Director
The latest financial statements of Fortrea Scientific on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Fortrea Scientific is 27AAKCS7755B1Z4, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAKCS7755B3Z2 (Maharashtra), 27AAKCS7755B2Z3 (Maharashtra), 27AAKCS7755B4Z1 (Maharashtra).
The CIN (Corporate Identification Number) of Fortrea Scientific is U72300PN2007PTC230189. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortrea Scientific was incorporated on 21 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Pune.
David Howard Cooper ceased to be Additional Director on 25 Sep 2023. Rishi Raj Sharma ceased to be Additional Director on 25 Sep 2023. Rishi Raj Sharma was appointed as Director on 11 Sep 2023. Fortrea Scientific has 18 board changes on record in total.
Fortrea Scientific has 1 MSME Form 1 return on record for the period ending Mar 2020, listing 27 overdue payments to 5 micro and small suppliers. The latest return was filed on 12 Jun 2020.
Fortrea Scientific can be reached through the website fortrea.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Fortrea Scientific is at Qubix Business Park Pvt LtdSEZ Blue Ridge It6 First Floor S No. 1546, Near Rajiv Gandhi Infotech Park Hinjewadi Phase 1, Pune, Maharashtra, India – 411057.
Fortrea Scientific operates in the information technology industry, in the IT consulting and support services segment.
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