
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 βΉ8.54 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.
- Headquarters Chennai, India
- Employees 20
- SectorsHealthcare
- Website glocarelabscro.com
- Social X
- Legal Name Glocare Labs Private Limited
- Date of Incorporation 21 Aug, 1990
- Jurisdiction Chennai, Tamil Nadu, India
- 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 Count20
Associated legal entities of Glocare Labs
Glocare Labs operates through Glocare Labs Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Glocare Labs Private Limited CIN U18101TN1990PTC019538 | Active | 21 Aug 1990 | Chennai, Tamil Nadu | ₹8.5 Cr | 20 | 3 | View details |
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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vaniambadi Abdulwahab Mohamedali DIN 10450544 | Additional Director | 03 Jan 2024 | 2 yrs 9 mo | Glocare Labs Private Limited |
| Venkatesh Prarthana DIN 10450876 | Additional Director | 03 Jan 2024 | 2 yrs 9 mo | Glocare Labs Private Limited |
| Raj Venkatesh DIN 10450872 | Additional Director | 08 Apr 2024 | 2 yrs 6 mo | Glocare 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.
Detailed financial statements for Glocare Labs
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
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Web traffic of Glocare Labs
The website of Glocare Labs (glocarelabscro.com) receives about 2K visits a month.
- Monthly visits2K
▼ 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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Developer of integrated contract research development and manufacturing services | 2007 | Bengaluru, Karnataka, India | USD 35.74 M | USD 226.38 M | 1,820 | |
Pharmaceutical and biotechnology company | 2005 | Hyderabad, Telangana, India | USD 229.73 M | USD 726.15 M | 12,470 | |
India's leading healthcare products distribution platform | 2018 | Mumbai, Maharashtra, India | USD 59.67 M | USD 702.49 M | 4,260 |
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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 βΉ8.54 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.