Glocare Labs

Chennai, India Founded: 1990 • Age: 36 yrs
Delivers comprehensive medical writing, quality management, and pharmacovigilance services to the biopharma sector.

About Glocare Labs

Glocare Labs is a Healthcare company based in Chennai (India) founded in 1990. It delivers comprehensive medical writing, quality management, and pharmacovigilance services to the biopharma sector. It operates on a B2B model. The company has 20 employees. Its Indian entity Glocare Labs Private Limited reported revenue of β‚Ή8.54 Cr. Its focus areas include Biopharmaceutical Services, Medical Writing and Quality and Pharmacovigilance.

Company details

Glocare Labs operates with a B2B model, focusing on providing healthcare solutions, biopharmaceutical services, medical writing and quality, and pharmacovigilance. Delivers comprehensive medical writing, quality management, and pharmacovigilance services to the biopharma sector. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Key Metrics
  • Annual Revenue
    ₹8.54 Cr

    FY 2024 · +55% YoY

  • Net Profit
    ₹5.4 Lakh

    FY 2024 · 1% margin

  • EBITDA
    ₹23.8 Lakh

    FY 2024 · 3% margin

  • Employee Count
    20

Board of directors of Glocare Labs Private Limited (Glocare Labs)

Glocare Labs Private Limited is the primary company behind Glocare Labs. The board of Glocare Labs Private Limited currently have 3 directors; the longest-serving is Vaniambadi Abdulwahab Mohamedali, appointed in 2024. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vaniambadi Abdulwahab Mohamedali
DIN 10450544
Additional Director03 Jan 20242 yrs 9 moGlocare Labs Private Limited
Venkatesh Prarthana
DIN 10450876
Additional Director03 Jan 20242 yrs 9 moGlocare Labs Private Limited
Raj Venkatesh
DIN 10450872
Additional Director08 Apr 20242 yrs 6 moGlocare Labs Private Limited

Financials of Glocare Labs

Figures of Glocare Labs Private Limited, the primary company behind Glocare Labs, for FY 2024. Revenue was ₹8.54 Cr (+55% year on year). Net profit was ₹5.4 Lakh (1% margin). EBITDA was ₹23.8 Lakh (3% margin). Revenue has grown at a compounded annual rate of +215% over three years.

  • ₹8.54 CrRevenue · FY 2024 · +55% YoY
  • ₹5.4 LakhNet profit · 1% margin
  • ₹23.8 LakhEBITDA · 3% margin
  • ₹4.35 CrPaid-up capital
  • 20Employees (provident fund records)
  • +215%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Glocare Labs Private Limited are on its company page.

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Detailed financial statements for Glocare Labs

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Web traffic of Glocare Labs

The website of Glocare Labs (glocarelabscro.com) receives about 2K visits a month.

  • Monthly visits
    2K

    ▼ 19.6% vs previous month

Top companies in Biopharma Outsourcing & Drug Delivery

3 companies that operate in the same segment as Glocare Labs (Biopharma Outsourcing & Drug Delivery) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Developer of integrated contract research development and manufacturing services
2007Bengaluru, Karnataka, IndiaUSD 35.74 MUSD 226.38 M1,820
Pharmaceutical and biotechnology company
2005Hyderabad, Telangana, IndiaUSD 229.73 MUSD 726.15 M12,470
India's leading healthcare products distribution platform
2018Mumbai, Maharashtra, IndiaUSD 59.67 MUSD 702.49 M4,260
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Frequently Asked Questions about Glocare Labs

Glocare Labs was founded in 1990.

Glocare Labs is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Glocare Labs has 20 employees.

The primary company behind Glocare Labs, Glocare Labs Private Limited, reported revenue of β‚Ή8.54 Cr for FY 2024, up 55% year on year.

Glocare Labs operates with a B2B model, focusing on providing healthcare solutions, biopharmaceutical services, medical writing and quality, and pharmacovigilance. Delivers comprehensive medical writing, quality management, and pharmacovigilance services to the biopharma sector. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.

Glocare Labs operates through Glocare Labs Private Limited.

The legal entities of Glocare Labs currently have 3 directors, including Vaniambadi Abdulwahab Mohamedali, Venkatesh Prarthana, Raj Venkatesh.

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