Cellworks Research India Private Limited

Cellworks Research India Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2006PTC039107 Incorporated 25 April 2006 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company healthcare
Revenue · FY 2024
₹23.98 Cr
▲ 15% YoY
Net profit · FY 2024
₹2.37 Cr
Net margin 9.9%
EBITDA · FY 2024
₹3.92 Cr
EBITDA margin 16.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
119
Provident fund records
Directors on board
2
As per MCA filings

About Cellworks Research India Private Limited

Data last updated:

Cellworks Research India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Cellworks Group Inc.. It operates in the preventive healthcare segment of the healthcare sector. It was incorporated on 25 April 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2006PTC039107. Its GSTIN is 29AACCC8214D1ZW (Karnataka).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Girish Chandra and Yatin Gurudutt Mundkur.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 3rd Floor Neil Rao Towers 118 Road # 3 Epip Whitefield, Bangalore, Karnataka, India – 560066.

As per the financials filed for FY 2024, the company reported a revenue of ₹23.98 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹2.37 Cr (net margin 9.9%) and EBITDA of ₹3.92 Cr (EBITDA margin 16.4%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.

The company has about 119 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Cellworks.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cellworksgroup.com.

Company details

CIN U72900KA2006PTC039107
Registration Number 039107
Incorporation Date 25 April 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Parent Company Cellworks Group Inc.
Compliance Status Active Compliant

Contact details

Cellworks Research India Private Limited's registered office is in Bangalore, Karnataka. Its website is cellworksgroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    3rd Floor Neil Rao Towers 118 Road # 3 Epip Whitefield, Bangalore, Karnataka, India – 560066
  • Industry
    Healthcare, Preventive Health Services

To see the full contact details of Cellworks Research India Private Limited, buy the company report.

Comprehensive company report
Cellworks Research India 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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Brands

Cellworks Research India operates one associated brand: Cellworks. Each brand links to its own profile.

BrandDescriptionWebsite
Biosimulation platform developed for therapeutic design in life sciences.cellworks.life

Business activity

The main business activity of Cellworks Research India is professional, scientific and technical. In detail, this covers scientific research and development.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM5Scientific research and development

To see the full business activity and turnover split of Cellworks Research India Private Limited, buy the company report.

Financials of Cellworks Research India Private Limited

FY 2024 filings available

Cellworks Research India Private Limited reported revenue of ₹23.98 Cr (up 15% YoY) for FY 2024.

Revenue · FY 2024
₹23.98 Cr ▲ 15%
Net profit · FY 2024
₹2.37 Cr margin 9.9%
EBITDA · FY 2024
₹3.92 Cr margin 16.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 15%
3 years · compounded
▲ 6%
5 years · compounded
▲ 9%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 11%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 9% over five years, including 15% growth in the latest year. EBITDA rose 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹3.92 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹2.37 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin16.4%
Net Profit Margin9.9%
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

To see the full financial statements and ratios of Cellworks Research India Private Limited, buy the company report.

Board of directors of Cellworks Research India Private Limited

Cellworks Research India has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Girish ChandraDirector16 Jan 20197 Years 9 MonthsCurrent
Yatin Gurudutt MundkurAdditional Director04 Jan 20251 Years 10 MonthsCurrent

Peer comparison

Cellworks Research India Private Limited is compared with the 3 companies closest to it by revenue in the Biotechnology industry (Biotechnology), with the same principal business activity (scientific research and development), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Hylasco Bio-Technology (India) Private Limited₹28.41 Cr (FY 2025)-2.0%Hyderabad, Telangana, India
Cellworks Research India Private Limitedthis company₹23.98 Cr (FY 2024)₹2.37 Cr9.9%15.0%Bangalore, Karnataka, India
Atgc Biotech Private Limited₹23.77 Cr (FY 2024)58.0%Hyderabad, Telangana, India
Pharmascroll Research and Consulting Private Limited₹23.68 Cr (FY 2025)70.0%Hyderabad, Telangana, India

To see the full peer comparison of Cellworks Research India Private Limited, buy the company report.

Auditor

Cellworks Research India Private Limited is audited by S R K & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
S R K & AssociatesFY 2023012946S

Shareholding

The shareholding of Cellworks Research India Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Cellworks Research India Private Limited, buy the company report.

MSME payment delays

Cellworks Research India Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. 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 (1 of 1)

SupplierAmount dueDue sinceReported on
an individual supplier

To see the full MSME payment records of Cellworks Research India Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Cellworks Research India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AACCC8214D1ZWKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Cellworks Research India Private Limited, buy the company report.

Recent activity

Cellworks Research India Private Limited has 7 board changes on record since 2007: 2 appointments and 5 cessations. The latest: Yatin Gurudutt Mundkur was appointed as Additional Director on 04 Jan 2025.

Appointed
Yatin Gurudutt Mundkur was appointed as Additional Director.
AGM
Cellworks Research India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Cellworks Research India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Girish Chandra ceased to be Additional Director.
Appointed
Girish Chandra was appointed as Director.
Ceased
Shireen Vali ceased to be Director.
Ceased
Aruna ceased to be Additional Director.
Ceased
Anandkumar Sankaran Anand ceased to be Director.
Ceased
Kadambi Ramanujan Sarangapani ceased to be Director.
Incorporation
25 Apr 2006
Cellworks Research India Private Limited was registered on 25 Apr 2006 with Roc Bangalore & aged 20 years 6 months as per MCA records.

Frequently asked questions

Cellworks Research India is an active private limited company based in Bangalore, Karnataka, India. The company works in preventive health services, within the healthcare industry. It was incorporated on 25 April 2006 (20+ years old) and is registered under CIN U72900KA2006PTC039107.

Cellworks Research India has 2 current directors:

The latest financial statements of Cellworks Research India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Cellworks Research India is 29AACCC8214D1ZW, registered in Karnataka.

The CIN (Corporate Identification Number) of Cellworks Research India is U72900KA2006PTC039107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Cellworks Research India was incorporated on 25 April 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Cellworks Research India by revenue are Hylasco Bio-Technology (India) Private Limited, Atgc Biotech Private Limited, Pharmascroll Research and Consulting Private Limited, all in the Biotechnology industry (Biotechnology), with the same principal business activity (scientific research and development).

Yatin Gurudutt Mundkur was appointed as Additional Director on 04 Jan 2025. Girish Chandra ceased to be Additional Director on 20 Feb 2019. Girish Chandra was appointed as Director on 16 Jan 2019. Cellworks Research India has 7 board changes on record in total.

Cellworks Research India has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 13 May 2021.

Cellworks Research India can be reached through the website cellworksgroup.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Cellworks Research India is at 3rd Floor Neil Rao Towers 118 Road # 3 Epip Whitefield, Bangalore, Karnataka, India – 560066.

Cellworks Research India operates in the healthcare industry, in the preventive health services segment.