Startup India Government of India
Morphle Labs Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.25 Cr
▲ 29% YoY
Net profit · FY 2024
₹2.08 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹29.15 Lakh
EBITDA margin 2%
Authorised capital
₹20.2 Lakh
Registered with MCA
Paid-up capital
₹1.22 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Morphle Labs Private Limited
Data last updated:
Morphle Labs Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Morphle Labs Inc Usa and recognised as a startup by DPIIT. It operates in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 08 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29309KA2020PTC131387. Its GSTIN is 29AANCM2221K1Z9 (Karnataka).
The company has an authorised share capital of ₹20.2 Lakh and a paid-up capital of ₹1.22 Lakh. It is led by directors Rohit Ramesh Hiwale and Ashish Hariram Manmode.
Its last annual general meeting (AGM) was held on 30 October 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.25 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Lakh (net margin 0.1%) and EBITDA of ₹29.15 Lakh (EBITDA margin 2%). Revenue has grown at a compounded annual rate (CAGR) of 80% over three years.
The company is associated with 1 brand: Morphle.
Morphle Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0115881). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website morphlelabs.com.
Company details
CIN U29309KA2020PTC131387
Registration Number 131387
Incorporation Date 08 January 2020
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 October 2025
Date of Balance Sheet 31 March 2025
Parent Company Morphle Labs Inc Usa
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0115881
Recognitions & Rankings of Morphle Labs
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0115881
Contact details
Morphle Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is morphlelabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 7A Veerasandra Lndustrial Area, Phase 2, Bangalore, Karnataka, India – 560100
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of Morphle Labs Private Limited, buy the company report.
Comprehensive company report
Morphle Labs 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
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Brands
Morphle Labs operates one associated brand: Morphle. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of robotic microtomes and digital pathology scanners. These devices automate tissue processing and slide scanning for anatomical pathology, dermatopathology, and hematology. The scanners offer high-resolution imaging and integrated workflows, facilitating efficient digital microscopy and telepathology applications. Various models cater to different throughput needs, from single-slide to high-volume batch processing. The company also offers AI-powered requisition data entry solutions. | morphlelabs.com |
Business activity
The main business activity of Morphle Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Morphle Labs Private Limited, buy the company report.
Financials of Morphle Labs Private Limited
FY 2025 filings availableMorphle Labs Private Limited reported revenue of ₹14.25 Cr (up 29% YoY) for FY 2024.
Revenue · FY 2024
₹14.25 Cr ▲ 29%
Net profit · FY 2024
₹2.08 Lakh margin 0.1%
EBITDA · FY 2024
₹29.15 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 80%
EBITDA CAGR growth
1 year
▲ 660%
3 years · compounded
▲ 87%
Revenue has grown at a compounded annual rate (CAGR) of 80% over three years, including 29% growth in the latest year. EBITDA rose 660% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹29.15 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 2% | ||||
| Net Profit Margin | 0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Morphle Labs Private Limited, buy the company report.
Board of directors of Morphle Labs Private Limited
Morphle Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rohit Ramesh Hiwale Also directs: Morphle Technologies Private Limited | Director | 08 Jan 2020 | 6 Years 10 Months | Current |
| Ashish Hariram Manmode Also directs: Morphle Technologies Private Limited | Director | 21 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Morphle Labs Private Limited is audited by Amit G Malu & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Amit G Malu & Associates | FY 2023 | 138064W |
Shareholding
The shareholding of Morphle Labs Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Morphle Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Morphle Labs 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 Morphle Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Morphle Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM2221K1Z9 | Karnataka | Active | 21 Jan 2020 |
To see the full GST registrations and return filing status of Morphle Labs Private Limited, buy the company report.
Recent activity
Morphle Labs Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Ashish Hariram Manmode ceased to be Additional Director on 31 Dec 2021.
AGM
Morphle Labs Private Limited last Annual general meeting of members was held on 30 Oct 2025 as per latest MCA records.
Filing
Morphle Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Ashish Hariram Manmode ceased to be Additional Director.
Ceased
Anchit Vidyut Navelkar ceased to be Director.
Appointed
Ashish Hariram Manmode was appointed as Director.
Appointed
Rohit Ramesh Hiwale was appointed as Director.
Incorporation
08 Jan 2020
Morphle Labs Private Limited was registered on 08 Jan 2020 with Roc Bangalore & aged 6 years 10 months as per MCA records.
Frequently asked questions
Morphle Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in online healthcare product retail, within the e-commerce industry. It was incorporated on 08 January 2020 (6+ years old) and is registered under CIN U29309KA2020PTC131387.
Morphle Labs has 2 current directors:
- Rohit Ramesh Hiwale - Director
- Ashish Hariram Manmode - Director
The latest financial statements of Morphle Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 October 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Morphle Labs is 29AANCM2221K1Z9, registered in Karnataka.
The CIN (Corporate Identification Number) of Morphle Labs is U29309KA2020PTC131387. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Morphle Labs was incorporated on 08 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashish Hariram Manmode ceased to be Additional Director on 31 Dec 2021. Anchit Vidyut Navelkar ceased to be Director on 29 Oct 2021. Ashish Hariram Manmode was appointed as Director on 21 Oct 2021. Morphle Labs has 4 board changes on record in total.
Yes, Morphle Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Morphle Labs is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0115881).
Morphle Labs can be reached through the website morphlelabs.com. Its registered office is in Bangalore, Karnataka, India.
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