About Xcelris Labs
Xcelris Labs is a Healthcare company based in Ahmedabad (India) founded in 2005. Genomic research and genetic testing services are provided. The company has 45 employees. Its Indian entity Xcelris Labs Limited reported revenue of ₹11.26 Cr. Its focus areas include Life Sciences, Life Sciences Platforms and Tools, Research Services and Genomics.
Company details
Xcelris Labs was founded in 2005 in Ahmedabad, India, within the genomics sector. Research and diagnostic testing operations are conducted through units such as Xcelris Genomics and Xcelris Medical Genetics. Genomic services include next-generation sequencing, Sanger sequencing, oligosynthesis, and purification. Genetic testing, utilizing sequencing technology, addresses cancer diagnosis, hereditary diseases, infectious conditions, cardiology issues, and other inherited disorders.
- Headquarters Ahmedabad, India
- Employees 45
- SectorsHealthcare
- Website xcelrislabs.com
- Social LinkedIn
- Legal Name Xcelris Labs Limited
- Date of Incorporation 07 Nov, 2005
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹11.26 Cr
FY 2025 · +69% YoY
- Net Loss-₹1.23 Cr
FY 2025 · -11% margin
- EBITDA-₹96.6 Lakh
FY 2025 · -9% margin
- Employee Count45
Associated legal entities of Xcelris Labs
Xcelris Labs is associated with 2 registered companies on The Company Check; the primary company is Xcelris Labs Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Xcelris Labs Limited CIN U73100GJ2005PLC047024 | Active | 07 Nov 2005 | Ahmedabad, Gujarat | ₹11.3 Cr | 2 | 4 | View details |
| Cygnus Laboratories Limited CIN U24239GJ2008PLC052927 | Active | 14 Feb 2008 | Ahmedabad, Gujarat | ₹0.0 Cr | 4 | View details |
Board of directors of Xcelris Labs Limited (Xcelris Labs)
Xcelris Labs Limited is the primary company behind Xcelris Labs. The boards of the 2 registered companies of Xcelris Labs currently have 4 directors; the longest-serving is Nikitkumar Dineshkumar Shah, appointed in 2021. 50 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nikitkumar Dineshkumar Shah DIN 09174968 | Director | 21 Jun 2021 | 5 yrs 4 mo | Xcelris Labs Limited, Cygnus Laboratories Limited |
| Deepenbhai Damodarbhai Kalaria DIN 09727593 | Director | 05 Sep 2022 | 4 yrs 2 mo | Xcelris Labs Limited |
| Nirav Pravinchandra Chokshi DIN 10288180 | Director | 23 Aug 2023 | 3 yrs 2 mo | Xcelris Labs Limited, Cygnus Laboratories Limited |
| Bharat Vinodchandra Shah DIN 00995574 | Director | 30 Aug 2024 | 2 yrs 2 mo | Cygnus Laboratories Limited |
Financials of Xcelris Labs
Figures of Xcelris Labs Limited, the primary company behind Xcelris Labs, for FY 2025. Revenue was ₹11.26 Cr (+69% year on year). Net loss was -₹1.23 Cr (-11% margin). EBITDA was -₹96.6 Lakh (-9% margin). Revenue has grown at a compounded annual rate of +927% over three years and +10% over five years.
- ₹11.26 CrRevenue · FY 2025 · +69% YoY
- -₹1.23 CrNet loss · -11% margin
- -₹96.6 LakhEBITDA · -9% margin
- ₹20.00 CrPaid-up capital
- 2Employees (provident fund records)
- +927%Revenue CAGR, 3 years
- +10%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Xcelris Labs Limited are on its company page.
Detailed financial statements for Xcelris Labs
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Frequently Asked Questions about Xcelris Labs
Xcelris Labs was founded in 2005.
Xcelris Labs is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Xcelris Labs has 45 employees.
The primary company behind Xcelris Labs, Xcelris Labs Limited, reported revenue of ₹11.26 Cr for FY 2025, up 69% year on year.
Xcelris Labs was founded in 2005 in Ahmedabad, India, within the genomics sector. Research and diagnostic testing operations are conducted through units such as Xcelris Genomics and Xcelris Medical Genetics. Genomic services include next-generation sequencing, Sanger sequencing, oligosynthesis, and purification. Genetic testing, utilizing sequencing technology, addresses cancer diagnosis, hereditary diseases, infectious conditions, cardiology issues, and other inherited disorders.
Xcelris Labs is associated with 2 legal entities: Xcelris Labs Limited, Cygnus Laboratories Limited.
The legal entities of Xcelris Labs currently have 6 directors, including Nirav Pravinchandra Chokshi, Nikitkumar Dineshkumar Shah, Deepenbhai Damodarbhai Kalaria and others.