Avarice Laboratories Private Limited

Avarice Laboratories Private Limited - chemicals and materials in Karnal, Haryana, India. FY 2026 financials & compliance.
CIN U51109HR2007PTC037136 Incorporated 20 August 2007 ROC Delhi HQ Karnal, Haryana, India
Active Private Limited Company chemicals and materials MSME
Data last updated
Revenue · FY 2025
₹10.72 Cr
▼ 9% YoY
Net profit · FY 2025
₹28.43 Lakh
Net margin 2.7%
EBITDA · FY 2025
₹88.34 Lakh
EBITDA margin 8.2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹3.13 Cr
Secured borrowings
Company age
19 yrs
Est. 2007
Employees · EPFO
8
Provident fund records

About Avarice Laboratories Private Limited

Data last updated:

Avarice Laboratories Private Limited is a private limited company based in Karnal, Haryana, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 20 August 2007 and has been in existence for over 19 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51109HR2007PTC037136. Its GSTIN is 09ADUPV5337Q1Z7 (Uttar Pradesh). The company holds 5 GST registrations, of which 2 are active.

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Anita Verma and Ankit Verma.

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 C/O Dr. Sunil Verma 18 Jarnaily Colony, Karnal, Haryana, India – 132001.

As per the financials filed for FY 2025, the company reported a revenue of ₹10.72 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹28.43 Lakh (net margin 2.7%) and EBITDA of ₹88.34 Lakh (EBITDA margin 8.2%). Revenue has grown at a compounded annual rate (CAGR) of 86% over three years and 48% over five years.

The company has about 8 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹3.13 Cr on record.

Avarice Laboratories Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-UP-29-0011031). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avaricelaboratories.in.

Company details

CIN U51109HR2007PTC037136
Registration Number 037136
Incorporation Date 20 August 2007
ROC Delhi
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 MSME
Udyam Registration UDYAM-UP-29-0011031
Key People
Anita Verma Director Ankit Verma Director

Recognitions & Rankings of Avarice Laboratories

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-UP-29-0011031

Contact details

Avarice Laboratories Private Limited's registered office is in Karnal, Haryana. Its website is avaricelaboratories.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    avaricelaboratories.in
  • Registered Address
    C/O Dr. Sunil Verma 18 Jarnaily Colony, Karnal, Haryana, India – 132001
  • Industry
    Chemicals and Materials, Specialty Chemicals

To see the full contact details of Avarice Laboratories Private Limited, buy the company report.

Comprehensive company report
Avarice Laboratories 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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Business activity

The main business activity of Avarice Laboratories is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Avarice Laboratories Private Limited, buy the company report.

Financials of Avarice Laboratories Private Limited

FY 2024 filings available

Avarice Laboratories Private Limited reported revenue of ₹10.72 Cr (down 9% YoY) for FY 2025.

Revenue · FY 2025
₹10.72 Cr ▼ 9%
Net profit · FY 2025
₹28.43 Lakh margin 2.7%
EBITDA · FY 2025
₹88.34 Lakh margin 8.2%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 9%
3 years · compounded
▲ 86%
5 years · compounded
▲ 48%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 82%
5 years · compounded
▲ 135%

Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 48%. EBITDA rose 11% 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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
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₹88.34 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹28.43 Lakh
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 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin8.2%
Net Profit Margin2.7%
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 Avarice Laboratories Private Limited, buy the company report.

Board of directors of Avarice Laboratories Private Limited

Avarice Laboratories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Anita VermaDirector20 Aug 200719 Years 2 MonthsCurrent
Ankit VermaDirector20 Aug 200719 Years 2 MonthsCurrent
View all directors

Auditor

Avarice Laboratories Private Limited is audited by S TAYAL & CO. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S TAYAL & CO.FY 2023014953C

Shareholding

The shareholding of Avarice Laboratories 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 categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Avarice Laboratories Private Limited, buy the company report.

Charges & borrowings

Open charges
₹3.13 Cr
Satisfied charges
None
Breakdown by lending institutions
Others₹2.63 Cr
Hdfc Bank Limited₹0.50 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Sep 2023100805426Hdfc Bank Limited₹50 LakhOpen
03 Jan 2023100664891Others₹2.63 CrOpen

To see the full charge records of Avarice Laboratories Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Avarice Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Avarice Laboratories Private Limited has a workforce of 8 employees on its EPFO records as of Mar 25, 2025, across 1 active EPFO establishment.

Employee count
8
Active EPFO establishments
1
Employee growth
14.29%

GST

Avarice Laboratories has 5 GST registrations: 2 active and 3 cancelled or inactive.

Total GSTINs
5
Active
2
Cancelled / inactive
3
GSTINStateStatusRegistered on
09ADUPV5337Q1Z7Uttar PradeshActive01 Jul 2017
09AAGCA6465Q1ZWUttar PradeshActive21 Jul 2017

To see the full GST registrations and return filing status of Avarice Laboratories Private Limited, buy the company report.

Recent activity

Avarice Laboratories Private Limited has 3 board changes on record since 2007: 2 appointments and 1 cessation. The latest: Anil Kumar Verma ceased to be Director on 13 Jun 2013.

Charges
A charge with Others of Rs. 263.10 Lakh registered on 03 Jan 2023 with Charge ID 100664891 was modified on 28 Oct 2024.
AGM
Avarice Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Avarice Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 50.00 Lakh with Charge ID 100805426 was registered on 07 Sep 2023.
Charges
A charge with Others amounted to Rs. 263.10 Lakh with Charge ID 100664891 was registered on 03 Jan 2023.
Ceased
Anil Kumar Verma ceased to be Director.
Appointed
Anita Verma was appointed as Director.
Appointed
Ankit Verma was appointed as Director.
Incorporation
20 Aug 2007
Avarice Laboratories Private Limited was registered on 20 Aug 2007 with Roc Delhi & aged 19 years 2 months as per MCA records.

Frequently asked questions

Avarice Laboratories is an active private limited company based in Karnal, Haryana, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 20 August 2007 (19+ years old) and is registered under CIN U51109HR2007PTC037136.

Avarice Laboratories has 2 current directors:

The latest financial statements of Avarice Laboratories 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 Avarice Laboratories is 09ADUPV5337Q1Z7, registered in Uttar Pradesh. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 09AAGCA6465Q1ZW (Uttar Pradesh).

The CIN (Corporate Identification Number) of Avarice Laboratories is U51109HR2007PTC037136. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Avarice Laboratories was incorporated on 20 August 2007, making it 19+ years old. It is registered with the Registrar of Companies, Delhi.

Anil Kumar Verma ceased to be Director on 13 Jun 2013. Anita Verma was appointed as Director on 20 Aug 2007. Ankit Verma was appointed as Director on 20 Aug 2007.

Yes, Avarice Laboratories is registered as an MSME under Udyam registration (number: UDYAM-UP-29-0011031).

Avarice Laboratories can be reached through the website avaricelaboratories.in. Its registered office is in Karnal, Haryana, India.

The registered office of Avarice Laboratories is at CO Dr. Sunil Verma 18 Jarnaily Colony, Karnal, Haryana, India – 132001.