Advance Labs Scientific Limited

Advance Labs Scientific Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
CIN U74900PN2010PLC136098 Incorporated 16 April 2010 ROC Pune HQ Pune, Maharashtra, India
Active Public Limited Company healthcare MSME · Small
Data last updated
Revenue · FY 2024
₹38.15 Cr
▲ 27% YoY
Net profit · FY 2024
₹1.92 Cr
Net margin 5%
EBITDA · FY 2024
₹3.45 Cr
EBITDA margin 9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹10.89 Cr
Secured borrowings
Company age
16 yrs
Est. 2010
Employees · EPFO
47
Provident fund records

About Advance Labs Scientific Limited

Data last updated:

Advance Labs Scientific Limited is a public limited company based in Pune, Maharashtra, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 16 April 2010 and has been in existence for over 16 years.

The company is registered with the Registrar of Companies (ROC), Pune, under CIN U74900PN2010PLC136098. Its GSTIN is 27AAICA4070F1ZU (Maharashtra). The company holds 2 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 is led by directors including Priyanka Sumeet Doshi and Uma Haridas Doshi.

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 Pune, Maharashtra.

As per the financials filed for FY 2024, the company reported a revenue of ₹38.15 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net profit of ₹1.92 Cr (net margin 5%) and EBITDA of ₹3.45 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 29% over five years.

The company has about 47 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹10.89 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

Advance Labs Scientific Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0048763). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dharidas.com.

Company details

CIN U74900PN2010PLC136098
Registration Number 136098
Incorporation Date 16 April 2010
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0048763

CIN history

Advance Labs Scientific has one previous CIN (Corporate Identification Number): U74900PN2010PTC136098. The current CIN is U74900PN2010PLC136098, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U74900PN2010PLC136098Current
U74900PN2010PTC136098Previous

Recognitions & Rankings of Advance Labs Scientific

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-MH-26-0048763

Contact details

Advance Labs Scientific Limited's registered office is in Pune, Maharashtra.

  • Registered Address
    37/297 Maharshinagar Zambare Palace Opp. Maharshinagar Sarvajanik Ganesh Uts, Av Mandal, Pune, Maharashtra, India – 411037
  • Industry
    Healthcare, Medical Equipment Retail & Distribution
Comprehensive company report
Advance Labs Scientific Limited - one report that includes everything
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  • 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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Business activity

The main business activities of Advance Labs Scientific are trade and hospital and medical care. In detail, this covers retail trading and other hospital and medical care activities. 2 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG2Retail Trading
QHospital and Medical CareQ6Other Hospital and Medical Care Activities

To see the full business activity and turnover split of Advance Labs Scientific Limited, buy the company report.

Financials of Advance Labs Scientific Limited

FY 2024 filings available

Advance Labs Scientific Limited reported revenue of ₹38.15 Cr (up 27% YoY) for FY 2024.

Revenue · FY 2024
₹38.15 Cr ▲ 27%
Net profit · FY 2024
₹1.92 Cr margin 5%
EBITDA · FY 2024
₹3.45 Cr margin 9%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 27%
3 years · compounded
▲ 31%
5 years · compounded
▲ 29%
EBITDA CAGR growth
1 year
▲ 82%
3 years · compounded
▲ 39%
5 years · compounded
▲ 42%

Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 27% growth in the latest year. EBITDA rose 82% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹3.45 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.92 Cr
Balance Sheet
Share Capital
Reserves and Surplus
Net Worth (Total Equity)
Long-term Borrowings
Short-term Borrowings
Trade Payables
Total Liabilities
Fixed Assets
Investments
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin9%
Net Profit Margin5%
Return on Equity (ROE)
Return on Capital Employed (ROCE)
Return on Assets (ROA)
Liquidity and Debt
Current Ratio
Quick Ratio
Debt-to-Equity Ratio
Interest Coverage Ratio
Efficiency and Growth
Asset Turnover
Receivable Days
Payable Days
Inventory Days
Revenue Growth
Net Profit Growth

To see the full financial statements and ratios of Advance Labs Scientific Limited, buy the company report.

Board of directors of Advance Labs Scientific Limited

Advance Labs Scientific has 4 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Priyanka Sumeet DoshiDirector16 Apr 201016 Years 6 MonthsCurrent
Uma Haridas DoshiDirector16 Apr 201016 Years 6 MonthsCurrent
Haridas Lilachand DoshiDirector16 Apr 201016 Years 6 MonthsCurrent
Sumeet Haridas DoshiDirector16 Apr 201016 Years 6 MonthsCurrent

Peer comparison

Advance Labs Scientific Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Sys Medtech International Private Limited₹38.83 Cr (FY 2023)20.0%Mumbai, Maharashtra, India
Advance Labs Scientific Limitedthis company₹38.15 Cr (FY 2024)₹1.92 Cr5%27.0%Pune, Maharashtra, India
Ear Solutions Private Limited₹37.96 Cr (FY 2024)-15.0%New Delhi, Delhi, India
Comen Trading India Private Limited₹37.82 Cr (FY 2025)174.0%New Delhi, Delhi, India
Spectrum Life Medical Devices Private Limited₹37.72 Cr (FY 2024)5.0%Ludhiana, Punjab, India

To see the full peer comparison of Advance Labs Scientific Limited, buy the company report.

Charges & borrowings

Open charges
₹10.89 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹10.89 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Mar 2025101087751Others₹7.5 CrOpen
26 Dec 2024101036412Others₹5.55 LakhOpen
25 Feb 201410479949Others₹3.33 CrOpen

To see the full charge records of Advance Labs Scientific Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

Advance Labs Scientific Limited has 2 MSME Form 1 returns on record between 2018 and 2019, listing 152 overdue payments to 117 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 117)

SupplierAmount dueDue sinceReported on
an individual supplier
Saikrupa Enterprises
Biotechnics India
Abdos Labtech Private Limited
Glab Kem

To see the full MSME payment records of Advance Labs Scientific Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Advance Labs Scientific has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
27AAICA4070F1ZUMaharashtraActive01 Jul 2017
30AAICA4070F1Z7GoaActive27 Jul 2022

To see the full GST registrations and return filing status of Advance Labs Scientific Limited, buy the company report.

Recent activity

Advance Labs Scientific Limited has 4 board changes on record since 2010: 4 appointments. The latest: Haridas Lilachand Doshi was appointed as Director on 16 Apr 2010.

Charges
A charge with Others of Rs. 750.00 Lakh registered on 26 Mar 2025 with Charge ID 101087751 was modified on 29 Jul 2025.
Charges
A charge with Others amounted to Rs. 750.00 Lakh with Charge ID 101087751 was registered on 26 Mar 2025.
Charges
A charge with Others amounted to Rs. 5.55 Lakh with Charge ID 101036412 was registered on 26 Dec 2024.
AGM
Advance Labs Scientific Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Advance Labs Scientific Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Charges
A charge with Others of Rs. 333.05 Lakh registered on 25 Feb 2014 with Charge ID 10479949 was modified on 27 Feb 2024.
Charges
A charge with Others amounted to Rs. 333.05 Lakh with Charge ID 10479949 was registered on 25 Feb 2014.
Appointed
Haridas Lilachand Doshi was appointed as Director.
Appointed
Priyanka Sumeet Doshi was appointed as Director.
Appointed
Sumeet Haridas Doshi was appointed as Director.
Appointed
Uma Haridas Doshi was appointed as Director.
Incorporation
16 Apr 2010
Advance Labs Scientific Limited was registered on 16 Apr 2010 with Roc Pune & aged 16 years 6 months as per MCA records.

Frequently asked questions

Advance Labs Scientific is an active public limited company based in Pune, Maharashtra, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 16 April 2010 (16+ years old) and is registered under CIN U74900PN2010PLC136098.

Advance Labs Scientific has 4 current directors:

The latest financial statements of Advance Labs 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 Advance Labs Scientific is 27AAICA4070F1ZU, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AAICA4070F1Z7 (Goa).

The CIN (Corporate Identification Number) of Advance Labs Scientific is U74900PN2010PLC136098. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Advance Labs Scientific has 1 court case on record: 1 filed by the company. 1 is pending.

Advance Labs Scientific was incorporated on 16 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Pune.

The peers of Advance Labs Scientific by revenue are Sys Medtech International Private Limited, Ear Solutions Private Limited, Comen Trading India Private Limited, Spectrum Life Medical Devices Private Limited, all in the Healthcare industry (Healthcare Equipment Retail and Distribution), with the same principal business activity (retail trading).

Haridas Lilachand Doshi was appointed as Director on 16 Apr 2010. Priyanka Sumeet Doshi was appointed as Director on 16 Apr 2010. Sumeet Haridas Doshi was appointed as Director on 16 Apr 2010. Advance Labs Scientific has 4 board changes on record in total.

Yes, Advance Labs Scientific is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0048763).

Advance Labs Scientific has 2 MSME Form 1 returns on record between 2018 and 2019, listing 152 overdue payments to 117 micro and small suppliers. The latest return was filed on 08 Jun 2019.

Advance Labs Scientific can be reached through the website dharidas.com. Its registered office is in Pune, Maharashtra, India.