About Canton Laboratories Private Limited
Data last updated:
Canton Laboratories Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 25 February 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24110GJ2005PTC045571. Its GSTIN is 24AACCC5453A1Z9 (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.13 Cr. It is led by directors including Bhailalbhai Nathabhai Patel (Managing Director) and Vinodbhai Nathabhai Patel (Whole-Time Director).
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 110/B GIDC Estatemakarpura Road, Vadodara, Gujarat, India – 390010.
As per the financials filed for FY 2025, the company reported a revenue of ₹147.08 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹46.65 Cr (net margin 31.7%) and EBITDA of ₹64.53 Cr (EBITDA margin 43.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 13% over five years.
The company has about 98 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 1 filed by the company and 2 filed against it. The company has 2 deals on record (2 secondary share transfers); the latest was in February 2024. Its 10 peer companies in the Chemicals industry (Formulations, Specialty Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Kaiser Industries Ltd with revenue of ₹148.94 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 645 overdue payments to 126 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cantonindia.lookchem.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address110/B GIDC Estatemakarpura Road, Vadodara, Gujarat, India – 390010
- IndustryChemicals and Materials, Specialty Chemicals
- 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
- One PDF report, delivered after checkout
Business Activity of Canton Laboratories Private Limited
The main business activity of Canton Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Canton Laboratories Private Limited FY 2025 filings available
Canton Laboratories Private Limited reported revenue of ₹147.08 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Canton Laboratories Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 26% growth in the latest year. EBITDA fell 14% 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 of Canton Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹64.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹46.65 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Canton Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 43.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 31.7% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Canton Laboratories are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Canton Laboratories Private Limited
Canton Laboratories Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Formulations, Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kaiser Industries Ltd | ₹148.94 Cr (FY 2024) | •••• | •••• | 697.0% | •••• | New Delhi, Delhi, India |
| Zydus Pharmaceuticals Limited | ₹148.75 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Ahmedabad, Gujarat, India |
| Bafna Pharmaceuticals Limited Listed | ₹148.6 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Chennai, Tamil Nadu, India |
| Celon Laboratories Private Limited | ₹148.17 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| Unosource Pharma Limited | ₹147.51 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Delhi, India |
| Canton Laboratories Private Limited this company | ₹147.08 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Vadodara, Gujarat, India |
| Murli Krishna Pharma Private Limited | ₹146.68 Cr (FY 2025) | •••• | •••• | -21.0% | •••• | Pune, Maharashtra, India |
| Valtris Specialty Chemicals India Private Limited | ₹146.28 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Mumbai, Maharashtra, India |
| Raman & Weil Private Limited | ₹145.87 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
| Pulse Pharmaceuticals Private Limited | ₹145.08 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
| HBC Lifesciences Private Limited | ₹144.64 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Gandhinagar, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Canton Laboratories by revenue in the Chemicals industry (Formulations, Specialty Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Canton Laboratories Private Limited
Canton Laboratories Private Limited is audited by Dushyant J. Dalal & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Dushyant J. Dalal & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Canton Laboratories Private Limited
Canton Laboratories has 5 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinodbhai Nathabhai Patel | Whole-Time Director | 25 Feb 2005 | 21 Years 7 Months | Current |
| Hasmukhbhai Nathabhai Patel | Whole-Time Director | 25 Feb 2005 | 21 Years 7 Months | Current |
| Tejas Patel Also directs: Shanpar Industries Private Limited | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Ankit Patel | Whole-Time Director | 01 Apr 2009 | 17 Years 6 Months | Current |
| Bhailalbhai Nathabhai Patel Also directs: Shanpar Industries Private Limited | Managing Director | 25 Feb 2005 | 21 Years 7 Months | Current |
Ownership and Shareholding of Canton Laboratories Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Canton Laboratories Private Limited
Canton Laboratories Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Canton Laboratories Private Limited
Canton Laboratories Private Limited has 2 deals on record (2 secondary share transfers); the latest was in February 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2024 | Secondary share transfer | Undisclosed | Seller: Amit B Patel Huf, 3 individuals |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: B N Patel HUF |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Canton Laboratories Private Limited
Canton Laboratories Private Limited has 3 court cases on record: 1 filed by Canton Laboratories, 2 filed against it. All cases are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Court case (RCA) | Filed against the company by J L Morison (India) Limited | Disposed |
| District court, Vadodara, Gujarat | Civil suit | Filed by the company against J L Morison (India) Limited | Disposed |
| District court, Vadodara, Gujarat | Court case (CMA DC) | Filed against the company by J.L.Morison (I) Ltd | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Canton Laboratories Private Limited
Canton Laboratories Private Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 645 overdue payments to 126 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 126)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Alpha Paper Container | •••• | •••• | •••• |
| Vikas Electricals & Engg.Co | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Paradise Packaging Private Limited | •••• | •••• | •••• |
| Umiya Chemical Industries | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 13 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Canton Laboratories Private Limited
Canton Laboratories Private Limited has a workforce of 98 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Canton Laboratories Private Limited
Canton Laboratories Private Limited has 5 board changes on record since 2005: 5 appointments. The latest: Ankit Patel was appointed as Whole-Time Director on 01 Apr 2009.
Credit Ratings, Litigation & Regulatory Alerts for Canton Laboratories Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Canton Laboratories Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Canton Laboratories Private Limited
Canton Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCC5453A1Z9 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Canton Laboratories Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Canton Laboratories Private Limited
Canton Laboratories is an active private limited company based in Vadodara, Gujarat, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 25 February 2005 (21+ years old) and is registered under CIN U24110GJ2005PTC045571.
Canton Laboratories reported revenue of ₹147.08 Cr for FY 2025 (up 26% YoY).
Canton Laboratories has 5 current directors:
- Bhailalbhai Nathabhai Patel - Managing Director
- Vinodbhai Nathabhai Patel - Whole-Time Director
- Hasmukhbhai Nathabhai Patel - Whole-Time Director
- Tejas Patel - Whole-Time Director
- Ankit Patel - Whole-Time Director
Canton Laboratories reported a net profit of ₹46.65 Cr (net margin 31.7%) and EBITDA of ₹64.53 Cr (EBITDA margin 43.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Canton Laboratories is 12% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 26%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Canton Laboratories is 24AACCC5453A1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Canton Laboratories is U24110GJ2005PTC045571. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Canton Laboratories has 3 court cases on record: 1 filed by the company and 2 filed against it.
Canton Laboratories was incorporated on 25 February 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Canton Laboratories has 2 deals on record (2 secondary share transfers); the latest was in February 2024.
The peers of Canton Laboratories by revenue are Kaiser Industries Ltd, Zydus Pharmaceuticals Limited, Bafna Pharmaceuticals Limited, Celon Laboratories Private Limited, Unosource Pharma Limited and 5 more, all in the Chemicals industry (Formulations, Specialty Chemicals).
Ankit Patel was appointed as Whole-Time Director on 01 Apr 2009. Tejas Patel was appointed as Whole-Time Director on 01 Apr 2009. Bhailalbhai Nathabhai Patel was appointed as Managing Director on 25 Feb 2005. Canton Laboratories has 5 board changes on record in total.