About Caristar Laboratories Private Limited
Data last updated:
Caristar Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 31 October 2011 and has been in existence for over 15 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24233MH2011PTC223522. Its GSTIN is 27AAGCP3729G1ZB (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Puerto Rico Pharmaceutical Private Limited. It is led by directors including Daniel Isaac Mukamal and Ramachandran Subrahmaniam.
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 A /204 – 205 Navkar Chambers Marol Maroshi Road Marol Andheri (E), Mumbai, Maharashtra, India – 400059.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.69 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹17.36 Lakh (net margin 2.6%) and EBITDA of ₹28.85 Lakh (EBITDA margin 4.3%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 21% over five years.
The company has about 24 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website caristarlabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA /204 – 205 Navkar Chambers Marol Maroshi Road Marol Andheri (E), Mumbai, Maharashtra, India – 400059
- IndustryPharma, Drug Formulation & Development
- 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 Caristar Laboratories Private Limited
The main business activity of Caristar Laboratories is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Caristar Laboratories Private Limited FY 2025 filings available
Caristar Laboratories Private Limited reported revenue of ₹6.69 Cr (up 15% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Caristar Laboratories Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 15% growth in the latest year. EBITDA fell 2% 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 Caristar 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 | ₹28.85 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹17.36 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 Caristar Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.6% | •••• | •••• | •••• | •••• |
| 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 Caristar 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.
Board of Directors of Caristar Laboratories Private Limited
Caristar Laboratories has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Daniel Isaac Mukamal | Director | 01 Jan 2012 | 14 Years 9 Months | Current |
| Ramachandran Subrahmaniam | Director | 02 Jun 2021 | 5 Years 4 Months | Current |
| Ari Isaac Mukamal | Director | 23 Aug 2013 | 13 Years 1 Months | Current |
Peer Comparison of Caristar Laboratories Private Limited
Caristar Laboratories Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dermarex Health Care India Private Limited | ₹6.74 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Coimbatore, Tamil Nadu, India |
| Samnova Pharmaceuticals Private Limited | ₹6.74 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Ahmedabad, Gujarat, India |
| Tergum Remedies Private Limited | ₹6.74 Cr (FY 2024) | •••• | •••• | 51.0% | •••• | Hyderabad, Telangana, India |
| Creative Diagnostic Medicare Private Limited | ₹6.73 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Navi Mumbai, Maharashtra, India |
| Pharind Pharmaceuticals Private Limited | ₹6.72 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Mumbai, Maharashtra, India |
| Caristar Laboratories Private Limited this company | ₹6.69 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Mumbai, Maharashtra, India |
| Modi Life Care Industries Limited | ₹6.68 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Odhav, Gujarat, India |
| GMP Formulations Private Limited | ₹6.68 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Experts Pharmaceuticals Private Limited | ₹6.67 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Ahmedabad, Gujarat, India |
| Aztec Pharma Private Limited | ₹6.65 Cr (FY 2025) | •••• | •••• | -26.0% | •••• | Surendra Nagar, Gujarat, India |
| Albios Lifesciences Private Limited | ₹6.63 Cr (FY 2025) | •••• | •••• | 77.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Caristar Laboratories by revenue in the Pharma industry (Formulations), 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 Caristar Laboratories Private Limited
Caristar Laboratories Private Limited is audited by NIKUNJ KIKANI & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NIKUNJ KIKANI & ASSOCIATES | 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.
Ownership and Shareholding of Caristar 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 Caristar Laboratories Private Limited
Caristar Laboratories Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Caristar Laboratories Private Limited
Caristar Laboratories Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss casess) | Filed against the company by Muncipal Corporation K/E Ward Mumbai | 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.
Employees and EPFO Compliance at Caristar Laboratories Private Limited
Caristar Laboratories Private Limited has a workforce of 24 employees as of Mar 22, 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 Caristar Laboratories Private Limited
Caristar Laboratories Private Limited has 6 board changes on record since 2012: 3 appointments and 3 cessations. The latest: Ramachandran Subrahmaniam was appointed as Director on 02 Jun 2021.
Credit Ratings, Litigation & Regulatory Alerts for Caristar 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.
MSME Payment Delays by Caristar Laboratories 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 Caristar 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 Caristar Laboratories Private Limited
Caristar Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCP3729G1ZB | Maharashtra | 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 Caristar 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 Caristar Laboratories Private Limited
Caristar Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 31 October 2011 (15+ years old) and is registered under CIN U24233MH2011PTC223522.
Caristar Laboratories reported revenue of ₹6.69 Cr for FY 2025 (up 15% YoY).
Caristar Laboratories has 3 current directors:
- Daniel Isaac Mukamal - Director
- Ramachandran Subrahmaniam - Director
- Ari Isaac Mukamal - Director
Caristar Laboratories reported a net profit of ₹17.36 Lakh (net margin 2.6%) and EBITDA of ₹28.85 Lakh (EBITDA margin 4.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Caristar Laboratories is -2% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 15%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Caristar Laboratories is 27AAGCP3729G1ZB, registered in Maharashtra.
The CIN (Corporate Identification Number) of Caristar Laboratories is U24233MH2011PTC223522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Caristar Laboratories has 1 court case on record: 1 filed against it.
Caristar Laboratories was incorporated on 31 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Caristar Laboratories by revenue are Dermarex Health Care India Private Limited, Samnova Pharmaceuticals Private Limited, Tergum Remedies Private Limited, Creative Diagnostic Medicare Private Limited, Pharind Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Formulations).
Ramachandran Subrahmaniam was appointed as Director on 02 Jun 2021. Murali Gopalan Latteri ceased to be Additional Director on 13 Oct 2018. Ari Isaac Mukamal was appointed as Director on 23 Aug 2013. Caristar Laboratories has 6 board changes on record in total.