MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-04-0000102
Ximing Labs Private Limited
Ximing Labs Private Limited - pharma in Palanpur, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹81.75 Lakh
▲ 32% YoY
Net profit · FY 2024
₹3.55 Lakh
Net margin 4.3%
EBITDA · FY 2024
₹3.6 Lakh
EBITDA margin 4.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
12 yrs
Est. 2014
Directors on board
4
As per MCA filings
Active GSTINs
1
GST registered
About Ximing Labs Private Limited
Data last updated:
Ximing Labs Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 11 December 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U33111GJ2014PTC081498. Its GSTIN is 24AAACX1684Q1ZS (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhupendra Rajendraprasad Agraval and Jagdishkumar Nagarbhai Kugashiya.
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 To – Rampura Po – Sadarpur Village Sadarpur Taluka: Palanpur, Gujarat, India – 385001.
As per the financials filed for FY 2024, the company reported a revenue of ₹81.75 Lakh, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹3.55 Lakh (net margin 4.3%) and EBITDA of ₹3.6 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 56% over three years and 33% over five years.
Ximing Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-04-0000102). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U33111GJ2014PTC081498
Registration Number 081498
Incorporation Date 11 December 2014
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 Micro
Udyam Registration UDYAM-GJ-04-0000102
Key People
Bhupendra Rajendraprasad Agraval Director Jagdishkumar Nagarbhai Kugashiya Director Rishabh Subhashchandra Agarwal Director Recognitions & Rankings of Ximing Labs
Contact details
Ximing Labs Private Limited's registered office is in Palanpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressTo – Rampura Po – Sadarpur Village Sadarpur Taluka: Palanpur, Gujarat, India – 385001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ximing Labs Private Limited, buy the company report.
Comprehensive company report
Ximing 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Ximing Labs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Ximing Labs Private Limited, buy the company report.
Financials of Ximing Labs Private Limited
FY 2025 filings availableXiming Labs Private Limited reported revenue of ₹81.75 Lakh (up 32% YoY) for FY 2024.
Revenue · FY 2024
₹81.75 Lakh ▲ 32%
Net profit · FY 2024
₹3.55 Lakh margin 4.3%
EBITDA · FY 2024
₹3.6 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 32%
3 years · compounded
▲ 56%
5 years · compounded
▲ 33%
EBITDA CAGR growth
1 year
▲ 646%
3 years · compounded
▲ 300%
5 years · compounded
▲ 133%
Revenue has grown at a compounded annual rate (CAGR) of 33% over five years, including 32% growth in the latest year. EBITDA rose 646% 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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| Total Expenses | |||||
| EBITDA | ₹3.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.55 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Ximing Labs Private Limited, buy the company report.
Board of directors of Ximing Labs Private Limited
Ximing Labs has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Rajendraprasad Agraval | Director | 11 Dec 2014 | 11 Years 10 Months | Current |
| Jagdishkumar Nagarbhai Kugashiya | Director | 18 Feb 2016 | 10 Years 8 Months | Current |
| Rishabh Subhashchandra Agarwal | Director | 30 Sep 2023 | 3 Years 0 Months | Current |
| Rakeshkumar Kantilal Patel | Director | 16 Jan 2018 | 8 Years 9 Months | Current |
Peer comparison
Ximing Labs Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Remedies Pvt Ltd | ₹82.07 Lakh (FY 2025) | -46.0% | Ahmedabad, Gujarat, India | |||
| Ratchet Laboratories Limited | ₹82.06 Lakh (FY 2016) | -72.0% | New Delhi, Delhi, India | |||
| Koplar Healthcare Private Limited | ₹82 Lakh (FY 2025) | 7.0% | Bangalore, Karnataka, India | |||
| Ximing Labs Private Limitedthis company | ₹81.75 Lakh (FY 2024) | ₹3.55 Lakh | 4.3% | 32.0% | Palanpur, Gujarat, India | |
| Nayan Pharmaceuticals Limited | ₹81.6 Lakh (FY 2024) | 16.0% | Punjab, India |
To see the full peer comparison of Ximing Labs Private Limited, buy the company report.
Auditor
Ximing Labs Private Limited is audited by JANGIR & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JANGIR & ASSOCIATES | FY 2018 | 137600W |
Shareholding
The shareholding of Ximing Labs Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ximing Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ximing 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 Ximing Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ximing Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACX1684Q1ZS | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ximing Labs Private Limited, buy the company report.
Recent activity
Ximing Labs Private Limited has 7 board changes on record since 2014: 4 appointments and 3 cessations. The latest: Rishabh Subhashchandra Agarwal was appointed as Director on 30 Sep 2023.
AGM
Ximing Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ximing Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Rishabh Subhashchandra Agarwal was appointed as Director.
Ceased
Rakeshkumar Kantilal Patel ceased to be Additional Director.
Ceased
Mahendrakumar Khemabhai Parmar ceased to be Director.
Appointed
Rakeshkumar Kantilal Patel was appointed as Director.
Ceased
Jagdishkumar Nagarbhai Kugashiya ceased to be Additional Director.
Appointed
Jagdishkumar Nagarbhai Kugashiya was appointed as Director.
Appointed
Bhupendra Rajendraprasad Agraval was appointed as Director.
Incorporation
11 Dec 2014
Ximing Labs Private Limited was registered on 11 Dec 2014 with Roc Ahmedabad & aged 11 years 10 months as per MCA records.
Frequently asked questions
Ximing Labs is an active private limited company based in Palanpur, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 11 December 2014 (12+ years old) and is registered under CIN U33111GJ2014PTC081498.
Ximing Labs has 4 current directors:
- Bhupendra Rajendraprasad Agraval - Director
- Jagdishkumar Nagarbhai Kugashiya - Director
- Rishabh Subhashchandra Agarwal - Director
- Rakeshkumar Kantilal Patel - Director
The latest financial statements of Ximing Labs 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 Ximing Labs is 24AAACX1684Q1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Ximing Labs is U33111GJ2014PTC081498. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ximing Labs was incorporated on 11 December 2014, making it 12+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ximing Labs by revenue are Creative Remedies Pvt Ltd, Ratchet Laboratories Limited, Koplar Healthcare Private Limited, Nayan Pharmaceuticals Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Rishabh Subhashchandra Agarwal was appointed as Director on 30 Sep 2023. Rakeshkumar Kantilal Patel ceased to be Additional Director on 29 Sep 2018. Mahendrakumar Khemabhai Parmar ceased to be Director on 16 Jan 2018. Ximing Labs has 7 board changes on record in total.
Yes, Ximing Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-04-0000102).
The registered office of Ximing Labs is at To – Rampura Po – Sadarpur Village Sadarpur Taluka: Palanpur, Gujarat, India – 385001.
Ximing Labs operates in the pharma industry, in the drug formulation and development segment.