DPIIT recognised startup Government of India
Startup India
Bacs Research Lab Private Limited
Bacs Research Lab Private Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹1.68 Cr
▲ 12% YoY
Net profit · FY 2025
₹5.79 Lakh
Net margin 3.4%
EBITDA · FY 2025
₹7.45 Lakh
EBITDA margin 4.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Bacs Research Lab Private Limited
Data last updated:
Bacs Research Lab Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 20 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24290GJ2019PTC108233. Its GSTIN is 24AAICB4503E1Z7 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Milind Ajit Kumar Shah and Bijal Milindbhai Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 232 Sahajanand Estate Sarkhej Vill.: Sarkhej Tal: Ahmedabad, Gujarat, India – 380007.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.68 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹5.79 Lakh (net margin 3.4%) and EBITDA of ₹7.45 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 47% over five years.
Bacs Research Lab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0050457).
Company details
CIN U24290GJ2019PTC108233
Registration Number 108233
Incorporation Date 20 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-GJ-01-0050457
Recognitions & Rankings of Bacs Research Lab
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-01-0050457
Contact details
Bacs Research Lab Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address232 Sahajanand Estate Sarkhej Vill.: Sarkhej Tal: Ahmedabad, Gujarat, India – 380007
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Bacs Research Lab Private Limited, buy the company report.
Comprehensive company report
Bacs Research Lab 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 Bacs Research Lab is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Bacs Research Lab Private Limited, buy the company report.
Financials of Bacs Research Lab Private Limited
FY 2025 filings availableBacs Research Lab Private Limited reported revenue of ₹1.68 Cr (up 12% YoY) for FY 2025.
Revenue · FY 2025
₹1.68 Cr ▲ 12%
Net profit · FY 2025
₹5.79 Lakh margin 3.4%
EBITDA · FY 2025
₹7.45 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 8%
5 years · compounded
▲ 47%
EBITDA CAGR growth
1 year
▲ 198%
3 years · compounded
▲ 42%
5 years · compounded
▲ 66%
Revenue has grown at a compounded annual rate (CAGR) of 47% over five years, including 12% growth in the latest year. EBITDA rose 198% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹7.45 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.79 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 3.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| 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 Bacs Research Lab Private Limited, buy the company report.
Board of directors of Bacs Research Lab Private Limited
Bacs Research Lab has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Milind Ajit Kumar Shah | Director | 20 May 2019 | 7 Years 5 Months | Current |
| Bijal Milindbhai Shah | Director | 20 May 2019 | 7 Years 5 Months | Current |
Auditor
Bacs Research Lab Private Limited is audited by BIREN D SHAH & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIREN D SHAH & CO | FY 2022 | 127958W |
Shareholding
The shareholding of Bacs Research Lab Private Limited is on record for 3 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Bacs Research Lab Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Bacs Research Lab Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Bacs Research Lab Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Bacs Research Lab has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICB4503E1Z7 | Gujarat | Active | 14 Jun 2019 |
To see the full GST registrations and return filing status of Bacs Research Lab Private Limited, buy the company report.
Recent activity
Bacs Research Lab Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bijal Milindbhai Shah was appointed as Director on 20 May 2019.
AGM
Bacs Research Lab Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Bacs Research Lab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Bijal Milindbhai Shah was appointed as Director.
Appointed
Milind Ajit Kumar Shah was appointed as Director.
Incorporation
20 May 2019
Bacs Research Lab Private Limited was registered on 20 May 2019 with Roc Ahmedabad & aged 7 years 5 months as per MCA records.
Frequently asked questions
Bacs Research Lab is an active private limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 20 May 2019 (7+ years old) and is registered under CIN U24290GJ2019PTC108233.
Bacs Research Lab has 2 current directors:
- Milind Ajit Kumar Shah - Director
- Bijal Milindbhai Shah - Director
The latest financial statements of Bacs Research Lab on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Bacs Research Lab is 24AAICB4503E1Z7, registered in Gujarat.
The CIN (Corporate Identification Number) of Bacs Research Lab is U24290GJ2019PTC108233. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Bacs Research Lab was incorporated on 20 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Bijal Milindbhai Shah was appointed as Director on 20 May 2019. Milind Ajit Kumar Shah was appointed as Director on 20 May 2019.
Yes, Bacs Research Lab is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Bacs Research Lab is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-01-0050457).
The registered office of Bacs Research Lab is at 232 Sahajanand Estate Sarkhej Vill.: Sarkhej Tal: Ahmedabad, Gujarat, India – 380007.
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