Spar Labs Private Limited
About Spar Labs Private Limited
Data last updated:
Spar Labs Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 10 September 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24230TG1998PTC030134. Its GSTIN is 36AAFCS6385J1ZT (Telangana). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹45 Lakh. It is led by directors including Ashok Balia and Mahaveer Mohanlal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Sy. No – 79 Alinagar Chetlapotharam ( V) Gaddapotharam Jinnaram (M) Patancheru, Hyderabad, Telangana, India – 500043.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.05 Cr, a decline of 73% compared to the previous year. For the same year it recorded a net profit of ₹5.61 Lakh (net margin 5.3%) and EBITDA of ₹10.28 Lakh (EBITDA margin 9.8%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years and 3% over five years.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Spar Labs has one previous CIN (Corporate Identification Number): U24230AP1998PTC030134. The current CIN is U24230TG1998PTC030134, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230TG1998PTC030134 | Current |
| U24230AP1998PTC030134 | Previous |
Contact details
Spar Labs Private Limited's registered office is in Hyderabad, Telangana. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressSy. No – 79 Alinagar Chetlapotharam ( V) Gaddapotharam Jinnaram (M) Patancheru, Hyderabad, Telangana, India – 500043
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Spar Labs 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
Business activity
The main business activity of Spar Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Spar Labs Private Limited, buy the company report.
Financials of Spar Labs Private Limited
FY 2022 filings availableSpar Labs Private Limited reported revenue of ₹1.05 Cr (down 73% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over five years, including a 73% fall in the latest year. EBITDA rose 8% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹10.28 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹5.61 Lakh | ||||
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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 | 9.8% | ||||
| Net Profit Margin | 5.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Spar Labs Private Limited, buy the company report.
Board of directors of Spar Labs Private Limited
Spar Labs has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Balia | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
| Mahaveer Mohanlal | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
| Kamal Kishore Bhangadiya | Director | 11 Jul 2016 | 10 Years 3 Months | Current |
Peer comparison
Spar Labs Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Solitaire Biotech Pvt Ltd | ₹1.06 Cr (FY 2024) | -11.0% | Chandigarh, India | |||
| Astracure Lifesciences Private Limited | ₹1.06 Cr (FY 2025) | 41.0% | Siliguri, West Bengal, India | |||
| Spar Labs Private Limitedthis company | ₹1.05 Cr (FY 2025) | ₹5.61 Lakh | 5.3% | -73.0% | Hyderabad, Telangana, India | |
| Valentis Life Science Private Limited | ₹1.05 Cr (FY 2024) | 108.0% | Ahmedabad, Gujarat, India | |||
| Biomedicare Laboratories Private Limited | ₹1.05 Cr (FY 2024) | -42.0% | New Delhi, Delhi, India | |||
| Aylen Pharmaceutical Private Limited | ₹1.05 Cr (FY 2024) | 29.0% | Ahmedabad, Gujarat, India | |||
| Astitw Life Science Private Limited | ₹1.05 Cr (FY 2025) | -59.0% | Kolkata, West Bengal, India | |||
| Acquire Healthcare Private Limited | ₹1.05 Cr (FY 2024) | 19.0% | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Spar Labs Private Limited, buy the company report.
Auditor
Spar Labs Private Limited is audited by RC MAHESHWARI & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RC MAHESHWARI & ASSOCIATES | FY 2022 | 001940S |
Shareholding
The shareholding of Spar Labs Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Spar Labs Private Limited, buy the company report.
Legal cases
Spar Labs Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Sangareddy, Telangana | Civil suit | Filed against the company | Pending |
| District court, Medak, Telangana | Civil suit | Filed against the company | Disposed |
To see the full case history of Spar Labs 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
No delayed payments to MSME suppliers are on our record for Spar Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Spar Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAFCS6385J1ZT | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Spar Labs Private Limited, buy the company report.
Recent activity
Spar Labs Private Limited has 10 board changes on record since 2016: 3 appointments and 7 cessations. The latest: Balasubba Reddy Mamilla ceased to be Director on 03 Dec 2016.
1 earlier event is in the company report.
Frequently asked questions
Spar Labs is an active private limited company based in Hyderabad, Telangana, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 10 September 1998 (28+ years old) and is registered under CIN U24230TG1998PTC030134.
Spar Labs has 3 current directors:
- Ashok Balia - Director
- Mahaveer Mohanlal - Director
- Kamal Kishore Bhangadiya - Director
The latest financial statements of Spar Labs on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Spar Labs is 36AAFCS6385J1ZT, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Spar Labs is U24230TG1998PTC030134. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Spar Labs has 2 court cases on record: 2 filed against it. 1 is pending.
Spar Labs was incorporated on 10 September 1998, making it 28+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Spar Labs by revenue are Solitaire Biotech Pvt Ltd, Astracure Lifesciences Private Limited, Valentis Life Science Private Limited, Biomedicare Laboratories Private Limited, Aylen Pharmaceutical Private Limited and 2 more, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
Balasubba Reddy Mamilla ceased to be Director on 03 Dec 2016. Chandra Mouliswar Reddy Gangavaram ceased to be Director on 03 Dec 2016. Dasari Suguna ceased to be Director on 03 Dec 2016. Spar Labs has 10 board changes on record in total.
The registered office of Spar Labs is at Sy. No – 79 Alinagar Chetlapotharam V Gaddapotharam Jinnaram M Patancheru, Hyderabad, Telangana, India – 500043.
Spar Labs operates in the pharma industry, in the pharmaceutical retailers and distributors segment.
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