Cardis Labs Private Limited
About Cardis Labs Private Limited
Data last updated:
Cardis Labs Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It operates in the scientific research segment of the research and development sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Jaipur, under CIN U73100RJ2017PTC058536.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Atul Kumar Shankar and Varnit Shanker.
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 D – 196 B Jagdish Marg, Jaipur, Rajasthan, India – 302016.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.31 Lakh, a decline of 89% compared to the previous year. For the same year it recorded a net loss of ₹11.3 Lakh (net margin -154.6%) and EBITDA of -₹2.99 Lakh (EBITDA margin -40.9%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 31% over five years.
The company is associated with 1 brand: CARDIS Labs. Court records list 1 case involving the company.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressD – 196 B Jagdish Marg, Jaipur, Rajasthan, India – 302016
- IndustryResearch & Development, Science Research
- 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 Cardis Labs Private Limited
The main business activity of Cardis Labs is hospital and medical care. In detail, this covers medical and dental practice, nursing, pathology, blood bank services, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q2 | Medical and dental practice, Nursing, pathology, blood bank services, etc. | 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 Cardis Labs Private Limited FY 2025 filings available
Cardis Labs Private Limited reported revenue of ₹7.31 Lakh (down 89% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Cardis Labs Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 31% over five years, including a 89% fall in the latest year. EBITDA fell 117% 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 Cardis Labs 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 | -₹2.99 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹11.3 Lakh | •••• | •••• | •••• | •••• |
| 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 Cardis Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -40.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -154.6% | •••• | •••• | •••• | •••• |
| 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 Cardis Labs are in the company report.
Financial statements from FY 2018
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 Cardis Labs Private Limited
Cardis Labs Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Medical and dental practice, Nursing, pathology, blood bank services, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Origin Clinics Health Care Private Limited | ₹7.49 Lakh (FY 2017) | •••• | •••• | •••• | Hyderabad, Telangana, India | |
| Dentifrice Private Limited | ₹7.42 Lakh (FY 2025) | •••• | •••• | 215.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Criteecare Pathologie Private Limited | ₹7.39 Lakh (FY 2023) | •••• | •••• | •••• | Thane, Maharashtra, India | |
| Saumya Clinic Private Limited | ₹7.37 Lakh (FY 2025) | •••• | •••• | -29.0% | •••• | New Delhi, Delhi, India |
| Mathamedi Care Nursing Service India Private Limited | ₹7.34 Lakh (FY 2024) | •••• | •••• | -41.0% | •••• | Ernakulam, Kerala, India |
| Cardis Labs Private Limited this company | ₹7.31 Lakh (FY 2025) | •••• | •••• | -89.0% | •••• | Jaipur, Rajasthan, India |
| Salvere Diagnostics Private Limited | ₹7.18 Lakh (FY 2024) | •••• | •••• | 10.0% | •••• | Lucknow, Uttar Pradesh, India |
| Adamant Diagnostic Center Private Limited | ₹7.08 Lakh (FY 2020) | •••• | •••• | •••• | Indore, Madhya Pradesh, India | |
| Asian Superspeciality Hospital Enterprises Private Limited | ₹7.08 Lakh (FY 2024) | •••• | •••• | -65.0% | •••• | Bhubaneswar, Odisha, India |
| Osha Healthcare (OPC) Private Limited | ₹7 Lakh (FY 2020) | •••• | •••• | •••• | Bengaluru, Karnataka, India | |
| Chippa Labs Private Limited | ₹6.99 Lakh (FY 2021) | •••• | •••• | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cardis Labs by revenue in the same principal business activity (Medical and dental practice, Nursing, pathology, blood bank services, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Cardis Labs Private Limited
Cardis Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Atul Kumar Shankar Also directs: Stem Biosciences Private Limited | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Varnit Shanker | Director | 19 Mar 2018 | 8 Years 6 Months | Current |
| Vaibhav Shanker Also directs: Stem Biosciences Private Limited | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
Ownership and Shareholding of Cardis Labs 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 Cardis Labs Private Limited
Cardis Labs Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Cardis Labs Private Limited
Cardis Labs Private Limited has 1 court case on record: 1 where it is another party. All case is disposed. Status as checked on 30 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Rajasthan | Writ petition | Company is another party | Disposed |
Full case history
All 1 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.
Associated Brands with Cardis Labs Private Limited
Cardis Labs operates one associated brand: CARDIS Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers mass spectroscopy-based software for microbial identification. | cardislabs.in |
Employees and EPFO Compliance at Cardis Labs Private Limited
Employment history and EPFO contributions of people linked to Cardis Labs.
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 Cardis Labs Private Limited
Cardis Labs Private Limited has 3 board changes on record since 2017: 3 appointments. The latest: Varnit Shanker was appointed as Director on 19 Mar 2018.
Credit Ratings, Litigation & Regulatory Alerts for Cardis Labs 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.
MSME Payment Delays by Cardis Labs Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cardis Labs 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 Cardis Labs Private Limited
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 Cardis Labs 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 Cardis Labs Private Limited
Cardis Labs is an active private limited company based in Jaipur, Rajasthan, India. The company works in science research, within the research and development industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under CIN U73100RJ2017PTC058536.
Cardis Labs reported revenue of ₹7.31 Lakh for FY 2025 (down 89% YoY).
Cardis Labs has 3 current directors:
- Atul Kumar Shankar - Director
- Varnit Shanker - Director
- Vaibhav Shanker - Director
Cardis Labs reported a net loss of ₹11.3 Lakh (net margin -154.6%) and EBITDA of -₹2.99 Lakh (EBITDA margin -40.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cardis Labs is -68% over three years and -31% over five years. In the latest year (FY 2025) revenue fell 89%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Cardis Labs is U73100RJ2017PTC058536. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cardis Labs has 1 court case on record.
Cardis Labs was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Jaipur.
The peers of Cardis Labs by revenue are Origin Clinics Health Care Private Limited, Dentifrice Private Limited, Criteecare Pathologie Private Limited, Saumya Clinic Private Limited, Mathamedi Care Nursing Service India Private Limited and 5 more, all in the same principal business activity (Medical and dental practice, Nursing, pathology, blood bank services, etc.).
Varnit Shanker was appointed as Director on 19 Mar 2018. Atul Kumar Shankar was appointed as Director on 11 Jul 2017. Vaibhav Shanker was appointed as Director on 11 Jul 2017.
Yes, Cardis Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).