About Callidus Research Laboratories
Callidus Research Laboratories is a Healthcare company based in Pune (India) founded in 2015 by Vardhaman Bafna, Mahesh Bhadgale, Shailesh Shinde, and Santaji Nalwade. It provides formulation development services for solid, semi-solid, and liquid dosage forms. It operates on a B2B model. The company has 32 employees. Its Indian entity Callidus Research Laboratories Private Limited reported revenue of ₹10.99 Cr. Its focus areas include Healthcare and Pharmaceuticals, Pharmaceuticals, Formulation Development and Dosage Forms. Similar companies include Akums, Jubilant Life Sciences and Nectar Lifesciences; 2 of its 3 listed similar companies have raised funding.
Company details
Callidus Research Laboratories operates with a B2B model, focusing on healthcare and pharmaceuticals, producing pharmaceutical products, formulation development, and dosage forms. Provides formulation development services for solid, semi-solid, and liquid dosage forms. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Pune, India
- Employees 32
- Founders Vardhaman Bafna, Mahesh Bhadgale, Shailesh Shinde, Santaji Nalwade
- SectorsHealthcare
- Email••••••••
- Website calliduslabs.com
- Social LinkedIn X Facebook Instagram
- Legal Name Callidus Research Laboratories Private Limited
- Date of Incorporation 12 Jan, 2015
- Jurisdiction Pune, Maharashtra, India
- Annual Revenue₹10.99 Cr
FY 2025 · +6% YoY
- Net Profit₹2.03 Cr
FY 2025 · 18% margin
- EBITDA₹3.36 Cr
FY 2025 · 31% margin
- Employee Count32
Associated legal entities of Callidus Research Laboratories
Callidus Research Laboratories operates through Callidus Research Laboratories Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Callidus Research Laboratories Private Limited CIN U24200PN2015PTC153675 | Active | 12 Jan 2015 | Pune, Maharashtra | ₹11.0 Cr | 32 | 11 | View details |
Board of directors of Callidus Research Laboratories Private Limited (Callidus Research Laboratories)
Callidus Research Laboratories Private Limited is the primary company behind Callidus Research Laboratories. The board of Callidus Research Laboratories Private Limited currently have 11 directors; the longest-serving is Bharathi Pola, appointed in 2015.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Bharathi Pola DIN 07034528 | Director | 12 Jan 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Santaji Uttam Nalwade DIN 07034573 | Director | 12 Jan 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Maheshkumar Mohanrao Bhadgale DIN 07034541 | Director | 12 Jan 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Sunitha Durgam DIN 07034633 | Director | 12 Jan 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Shailesh Bapurao Shinde DIN 07034626 | Director | 12 Jan 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Vardhaman Chandrakant Bafna DIN 07035141 | Director | 12 Jan 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Milan Madhu Nalawade DIN 07082551 | Additional Director | 08 Feb 2015 | 11 yrs 9 mo | Callidus Research Laboratories Private Limited |
| Vaishali Shailesh Shinde DIN 08251415 | Additional Director | 11 Sep 2018 | 8 yrs 1 mo | Callidus Research Laboratories Private Limited |
| Snehal Santaji Nalwade DIN 08251414 | Additional Director | 11 Sep 2018 | 8 yrs 1 mo | Callidus Research Laboratories Private Limited |
| Yogita Mahesh Bhadgale DIN 08251416 | Additional Director | 11 Sep 2018 | 8 yrs 1 mo | Callidus Research Laboratories Private Limited |
| Priya Vardhaman Bafna DIN 08251408 | Additional Director | 11 Sep 2018 | 8 yrs 1 mo | Callidus Research Laboratories Private Limited |
People of Callidus Research Laboratories
4 people are tracked at Callidus Research Laboratories (4 in leadership); the tracked headcount is 32.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Callidus Research Laboratories
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Callidus Research Laboratories
Figures of Callidus Research Laboratories Private Limited, the primary company behind Callidus Research Laboratories, for FY 2025. Revenue was ₹10.99 Cr (+6% year on year). Net profit was ₹2.03 Cr (18% margin). EBITDA was ₹3.36 Cr (31% margin). Revenue has grown at a compounded annual rate of +5% over three years and +10% over five years.
- ₹10.99 CrRevenue · FY 2025 · +6% YoY
- ₹2.03 CrNet profit · 18% margin
- ₹3.36 CrEBITDA · 31% margin
- ₹25 LakhPaid-up capital
- 32Employees (provident fund records)
- +5%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Callidus Research Laboratories Private Limited are on its company page.
Detailed financial statements for Callidus Research Laboratories
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Similar companies to Callidus Research Laboratories
Callidus Research Laboratories has 3 listed similar companies in our database, 2 of them funded. They include Akums, Jubilant Life Sciences and Nectar Lifesciences.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akums.in | 2004 | Delhi, India | $70M | 395 | CDMO focusing on spectrum of dosage forms and therapeutic segments | |
| jubl.com | 1978 | Noida, India | Company offering a suite of R&D and manufacturing services for small molecules and generics | |||
| neclife.com | 1995 | Chandigarh, India | $46.85M | 175 | Cephalosporin APIs and generic formulations are manufactured. |
Detailed similar companies of Callidus Research Laboratories
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Callidus Research Laboratories
Callidus Research Laboratories was founded in 2015.
Callidus Research Laboratories is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Callidus Research Laboratories has 32 employees.
The primary company behind Callidus Research Laboratories, Callidus Research Laboratories Private Limited, reported revenue of ₹10.99 Cr for FY 2025, up 6% year on year.
Callidus Research Laboratories operates with a B2B model, focusing on healthcare and pharmaceuticals, producing pharmaceutical products, formulation development, and dosage forms. Provides formulation development services for solid, semi-solid, and liquid dosage forms. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Callidus Research Laboratories's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.
Callidus Research Laboratories operates through Callidus Research Laboratories Private Limited.
The legal entities of Callidus Research Laboratories currently have 11 directors, including Milan Madhu Nalawade, Bharathi Pola, Vaishali Shailesh Shinde and others.