About Choksi Laboratories Limited
Data last updated: 06 January 2026
Choksi Laboratories Limited is a public limited company based in Indore, Madhya Pradesh, India. It specialises in pharma contract r and d, a part of the broader pharmaceuticals sector. Incorporated on 29 January 1993, the company has been in operation for over 33 years.
Registered with ROC Gwalior under CIN L85195MP1993PLC007471. Listed on BSE: 526546.
Capital: an authorised share capital of ₹15 Cr and a paid-up capital of ₹6.97 Cr. Formerly known as Choksi Analytical Services Limited. It is led by directors including Meenaxi Patidar and Raghmendra Singh.
Last AGM: 16 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1 Near Tulsiyana Industrial Park, Indore, Madhya Pradesh.
As per the financials filed for FY 2025, the company reported a revenue of ₹41.85 Cr, a growth of 14% compared to the previous year.
The company has a workforce of approximately 318 employees as per the latest available data.
The company is associated with 1 brand - Choksi Laboratories. As per MCA filings, the company has open charges of ₹31.69 Cr and satisfied charges of ₹47.52 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website choksilab.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered AddressSurvey No 9/1 Near Tulsiyana Industrial Park Gram Kum, Erdi, Indore, Madhya Pradesh, India – 452010
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IndustryPharma, Pharma Contract R&D
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Choksi Laboratories Limited
Choksi Laboratories Limited operates one associated brand: Choksi Laboratories. These brands represent Choksi Laboratories Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Laboratory services for pharmaceutical and food analysis are provided. | choksilab.com |
Business Activity of Choksi Laboratories Limited
Choksi Laboratories Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | ********* |
Auditor Details of Choksi Laboratories Limited
Choksi Laboratories Limited is audited by M/s Prateek Jain & Co. (ICAI peer reviewed, certificate valid till 2028-03-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s Prateek Jain & Co. (ICAI peer reviewed, certificate valid till 2028-03-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Choksi Laboratories Limited
Choksi Laboratories Limited is currently managed by 10 directors, with 16 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Meenaxi Patidar
Also directs:
Vigilant Industries Private Limited
|
Director | 05 Jul 2023 | 3 Years 0 Months | Current |
| Raghmendra Singh | Director | 13 Aug 2022 | 3 Years 10 Months | Current |
| Prachi Mantri | Director | 03 Feb 2024 | 2 Years 5 Months | Current |
| Abha Shastri | Director | 01 Apr 2024 | 2 Years 3 Months | Current |
| Vyangesh Choksi | Whole-Time Director | 01 Aug 2009 | 16 Years 11 Months | Current |
|
Himika Choksi
Also directs:
Corequal Systems Llp
|
Whole-Time Director | 01 Mar 2017 | 9 Years 4 Months | Current |
Financials of Choksi Laboratories Limited FY 2026 filings available
Choksi Laboratories Limited reported revenue of ₹46.01 Cr (up 10.11% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹46.01 Cr | ₹41.78 Cr | ₹36.7 Cr | ₹34.44 Cr | ₹30.04 Cr | ₹25.69 Cr | ₹28.16 Cr | ₹33.75 Cr |
| Other Income | ₹21.34 Lakh | ₹6.71 Lakh | ₹16.41 Lakh | ₹21.7 Lakh | ₹11.96 Lakh | ₹48.82 Lakh | ₹32.88 Lakh | ₹24.57 Lakh |
| Total Income | ₹46.22 Cr | ₹41.85 Cr | ₹36.86 Cr | ₹34.66 Cr | ₹30.16 Cr | ₹26.18 Cr | ₹28.49 Cr | ₹33.99 Cr |
| Cost of Materials Consumed | ₹3.44 Cr | ₹3.1 Cr | ₹2.56 Cr | ₹2.21 Cr | ₹1.98 Cr | ₹2.57 Cr | ₹3.24 Cr | ₹3.95 Cr |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹18.62 Cr | ₹16.98 Cr | ₹14.55 Cr | ₹13.38 Cr | ₹12.01 Cr | ₹11.5 Cr | ₹12.84 Cr | ₹12.65 Cr |
| Finance Costs | ₹2.82 Cr | ₹2.65 Cr | ₹3.01 Cr | ₹3.49 Cr | ₹3.21 Cr | ₹2.82 Cr | ₹1.89 Cr | ₹1.54 Cr |
| Depreciation & Amortisation | ₹7.09 Cr | ₹6.5 Cr | ₹5.71 Cr | ₹5.5 Cr | ₹5.43 Cr | ₹4.6 Cr | ₹4.56 Cr | ₹3.68 Cr |
| Other Expenses | ₹11.81 Cr | ₹10.47 Cr | ₹9.37 Cr | ₹8.61 Cr | ₹7.17 Cr | ₹7.5 Cr | ₹9.24 Cr | ₹9.89 Cr |
| Total Expenses | ₹43.78 Cr | ₹39.7 Cr | ₹35.2 Cr | ₹33.19 Cr | ₹29.79 Cr | ₹28.98 Cr | ₹31.77 Cr | ₹31.7 Cr |
| Profit Before Exceptional Items & Tax | ₹2.44 Cr | ₹2.15 Cr | ₹1.66 Cr | ₹1.47 Cr | ₹36.7 Lakh | -₹2.81 Cr | -₹3.28 Cr | ₹2.29 Cr |
| Exceptional Items | ₹75.3 Lakh | ₹0 | ₹0 | ₹2.26 Cr | ₹0 | ₹0 | -₹2.43 Cr | ₹0 |
| Profit Before Tax | ₹3.19 Cr | ₹2.15 Cr | ₹1.66 Cr | ₹3.72 Cr | ₹36.7 Lakh | -₹2.81 Cr | -₹5.71 Cr | ₹2.29 Cr |
| Total Tax Expense | ₹1.23 Cr | ₹63 Lakh | ₹55.34 Lakh | ₹51.14 Lakh | ₹16 Lakh | -₹20.05 Lakh | -₹1.83 Cr | ₹69.45 Lakh |
| Net Profit | ₹1.96 Cr | ₹1.52 Cr | ₹1.11 Cr | ₹3.21 Cr | ₹20.7 Lakh | -₹2.61 Cr | -₹3.88 Cr | ₹1.6 Cr |
| Other Comprehensive Income | ₹63,000 | -₹15.35 Lakh | -₹76,000 | ₹33,000 | -₹5.06 Lakh | ₹13.35 Lakh | ₹15.9 Lakh | ₹88,000 |
| Total Comprehensive Income | ₹1.97 Cr | ₹1.37 Cr | ₹1.1 Cr | ₹3.21 Cr | ₹15.64 Lakh | -₹2.47 Cr | -₹3.73 Cr | ₹1.61 Cr |
| EBITDA (computed) | ₹12.35 Cr | ₹11.3 Cr | ₹10.38 Cr | ₹10.46 Cr | ₹9 Cr | ₹4.61 Cr | ₹3.17 Cr | ₹7.51 Cr |
| Basic EPS | ₹2.82 | ₹2.19 | ₹1.59 | ₹4.61 | ₹0.30 | ₹-3.74 | ₹-5.58 | ₹2.30 |
| Diluted EPS | ₹2.82 | ₹2.19 | ₹1.59 | ₹4.61 | ₹0.30 | ₹-3.74 | ₹-5.58 | ₹2.30 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹71.92 Cr | ₹65.33 Cr | ₹61.95 Cr | ₹60.36 Cr | ₹64.47 Cr | ₹66.38 Cr | ₹65.01 Cr | ₹55.35 Cr |
| Non-current Assets | ₹53.05 Cr | ₹49.01 Cr | ₹47.38 Cr | ₹46.42 Cr | ₹50.41 Cr | ₹53.35 Cr | ₹48.46 Cr | ₹39.04 Cr |
| Current Assets | ₹18.87 Cr | ₹16.32 Cr | ₹14.57 Cr | ₹13.95 Cr | ₹14.06 Cr | ₹13.03 Cr | ₹16.54 Cr | ₹16.3 Cr |
| Property, Plant & Equipment | ₹47.42 Cr | ₹46.35 Cr | ₹42.17 Cr | ₹43.05 Cr | ₹44.19 Cr | ₹47.37 Cr | ₹31 Cr | ₹34.51 Cr |
| Inventories | ₹23.67 Lakh | ₹55.71 Lakh | ₹36.37 Lakh | ₹20.9 Lakh | ₹25.04 Lakh | ₹11.2 Lakh | ₹17.7 Lakh | ₹40.55 Lakh |
| Trade Receivables | ₹14.73 Cr | ₹11.27 Cr | ₹10.39 Cr | ₹10.65 Cr | ₹10.29 Cr | ₹8.16 Cr | ₹6.99 Cr | ₹8.79 Cr |
| Cash & Equivalents | ₹20.67 Lakh | ₹61.22 Lakh | ₹65.69 Lakh | ₹33.75 Lakh | ₹40.71 Lakh | ₹30.61 Lakh | ₹42.56 Lakh | ₹6.96 Lakh |
| Equity (Net Worth) | ₹25.58 Cr | ₹23.6 Cr | ₹22.21 Cr | ₹21.11 Cr | ₹17.9 Cr | ₹17.75 Cr | ₹20.22 Cr | ₹24.01 Cr |
| Equity Share Capital | ₹6.97 Cr | ₹6.97 Cr | ₹6.97 Cr | ₹6.97 Cr | ₹6.97 Cr | ₹6.97 Cr | ₹6.97 Cr | ₹6.97 Cr |
| Borrowings (Non-current) | ₹17.81 Cr | ₹15.23 Cr | ₹18 Cr | ₹23.61 Cr | ₹27.54 Cr | ₹28.82 Cr | ₹27.36 Cr | ₹14 Cr |
| Borrowings (Current) | ₹12.37 Cr | ₹12.84 Cr | ₹11.28 Cr | ₹6.74 Cr | ₹7.22 Cr | ₹2.48 Cr | ₹2.49 Cr | ₹1.12 Cr |
| Total Debt (computed) | ₹30.18 Cr | ₹28.07 Cr | ₹29.27 Cr | ₹30.35 Cr | ₹34.76 Cr | ₹31.29 Cr | ₹29.85 Cr | ₹15.12 Cr |
| Current Liabilities | ₹23.09 Cr | ₹23.88 Cr | ₹18.85 Cr | ₹12.51 Cr | ₹15.57 Cr | ₹16.22 Cr | ₹14.48 Cr | ₹13.48 Cr |
| Total Liabilities | ₹46.35 Cr | ₹41.73 Cr | ₹39.74 Cr | ₹39.26 Cr | ₹46.56 Cr | ₹48.63 Cr | ₹44.79 Cr | ₹31.34 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹8.61 Cr | ₹11.78 Cr | ₹11.55 Cr | ₹8.25 Cr | ₹7.88 Cr |
| Investing Cash Flow | -₹7.82 Cr | -₹7.62 Cr | -₹6.84 Cr | -₹70.84 Lakh | -₹2.71 Cr |
| Financing Cash Flow | -₹1.2 Cr | -₹4.2 Cr | -₹4.39 Cr | -₹7.62 Cr | -₹5.07 Cr |
| Capital Expenditure | ₹7.58 Cr | ₹7.44 Cr | ₹4.34 Cr | ₹3.93 Cr | ₹98.28 Lakh |
| Free Cash Flow (computed) | ₹1.03 Cr | ₹4.34 Cr | ₹7.2 Cr | ₹4.32 Cr | ₹6.89 Cr |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | -₹40.56 Lakh | -₹4.46 Lakh | ₹31.94 Lakh | -₹6.96 Lakh | ₹10.1 Lakh |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹12.82 Cr | ₹10.82 Cr | ₹11.12 Cr | ₹11.24 Cr | ₹11.4 Cr | ₹10.38 Cr | ₹9.26 Cr | ₹10.74 Cr |
| Other Income | ₹6.19 Lakh | ₹13.34 Lakh | ₹1.48 Lakh | ₹33,000 | ₹4.43 Lakh | ₹84,000 | ₹90,000 | ₹54,000 |
| Total Income | ₹12.88 Cr | ₹10.96 Cr | ₹11.13 Cr | ₹11.25 Cr | ₹11.44 Cr | ₹10.39 Cr | ₹9.27 Cr | ₹10.74 Cr |
| Cost of Materials Consumed | ₹1.01 Cr | ₹88.39 Lakh | ₹70.9 Lakh | ₹84.5 Lakh | ₹80.09 Lakh | ₹80.01 Lakh | ₹62.09 Lakh | ₹87.63 Lakh |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹4.91 Cr | ₹4.54 Cr | ₹4.57 Cr | ₹4.59 Cr | ₹4.52 Cr | ₹4.39 Cr | ₹4.13 Cr | ₹3.94 Cr |
| Finance Costs | ₹71.37 Lakh | ₹80.81 Lakh | ₹69.36 Lakh | ₹60.1 Lakh | ₹58.15 Lakh | ₹69.15 Lakh | ₹65.74 Lakh | ₹71.89 Lakh |
| Depreciation & Amortisation | ₹1.89 Cr | ₹1.83 Cr | ₹1.69 Cr | ₹1.68 Cr | ₹1.7 Cr | ₹1.68 Cr | ₹1.61 Cr | ₹1.5 Cr |
| Other Expenses | ₹3.26 Cr | ₹2.77 Cr | ₹2.91 Cr | ₹2.9 Cr | ₹2.58 Cr | ₹2.65 Cr | ₹2.15 Cr | ₹3.09 Cr |
| Total Expenses | ₹11.78 Cr | ₹10.83 Cr | ₹10.57 Cr | ₹10.62 Cr | ₹10.18 Cr | ₹10.21 Cr | ₹9.17 Cr | ₹10.13 Cr |
| Profit Before Exceptional Items & Tax | ₹1.1 Cr | ₹12.58 Lakh | ₹56.25 Lakh | ₹62.74 Lakh | ₹1.26 Cr | ₹18.24 Lakh | ₹9.65 Lakh | ₹61.5 Lakh |
| Exceptional Items | ₹0 | ₹77.8 Lakh | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹1.1 Cr | ₹90.38 Lakh | ₹56.25 Lakh | ₹62.74 Lakh | ₹1.26 Cr | ₹18.24 Lakh | ₹9.65 Lakh | ₹61.5 Lakh |
| Total Tax Expense | ₹7.41 Lakh | ₹59.34 Lakh | ₹32.04 Lakh | ₹24.24 Lakh | ₹33.81 Lakh | ₹7.66 Lakh | ₹2.1 Lakh | ₹19.43 Lakh |
| Net Profit | ₹1.03 Cr | ₹31.04 Lakh | ₹24.21 Lakh | ₹38.5 Lakh | ₹92.13 Lakh | ₹10.58 Lakh | ₹7.55 Lakh | ₹42.07 Lakh |
| Other Comprehensive Income | -₹27.5 Lakh | ₹1.97 Lakh | ₹25.23 Lakh | ₹93,000 | -₹24.8 Lakh | ₹13.07 Lakh | ₹24.65 Lakh | ₹5.89 Lakh |
| Total Comprehensive Income | ₹75.18 Lakh | ₹33.01 Lakh | ₹49.44 Lakh | ₹39.43 Lakh | ₹67.33 Lakh | ₹23.65 Lakh | ₹32.2 Lakh | ₹47.96 Lakh |
| EBITDA (computed) | ₹3.71 Cr | ₹2.77 Cr | ₹2.94 Cr | ₹2.9 Cr | ₹3.55 Cr | ₹2.55 Cr | ₹2.37 Cr | ₹2.84 Cr |
| Basic EPS | ₹1.47 | ₹0.45 | ₹0.35 | ₹0.55 | ₹1.32 | ₹0.15 | ₹0.11 | ₹0.60 |
| Diluted EPS | ₹1.47 | ₹0.45 | ₹0.35 | ₹0.55 | ₹1.32 | ₹0.15 | ₹0.11 | ₹0.60 |
Shareholding Pattern of Choksi Laboratories Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 31.48%, foreign institutional investors hold 6.03%, retail and other public shareholders hold 62.49% of Choksi Laboratories Limited. The company had 4,011 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 31.48% | 31.48% | 31.48% | 31.48% | 31.48% | 31.48% |
| Public | 68.52% | 68.52% | 68.52% | 68.52% | 68.52% | 68.52% |
| Mar 2026 | Mar 2025 | Mar 2024 | |
|---|---|---|---|
| Promoters | 31.48% | 31.48% | 31.48% |
| Public | 68.52% | 68.52% | 68.52% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | - |
Charges & Borrowings of Choksi Laboratories Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2025 | Hdfc Bank Limited | ₹12.5 Lakh | Open |
| 23 Jan 2025 | State Bank of India | ₹6.75 Cr | Open |
| 21 May 2024 | Hdfc Bank Limited | ₹50 Lakh | Open |
| 10 Oct 2023 | State Bank of India | ₹68 Lakh | Open |
| 29 Aug 2022 | Uco Bank | ₹20 Lakh | Open |
Total charge records: 38 View all charges
Employees and EPFO Compliance at Choksi Laboratories Limited
Choksi Laboratories Limited has a workforce of 318 employees as of Mar 31, 2024.
Employee Count & EPFO Data of Choksi Laboratories Limited
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GST Compliance of Choksi Laboratories Limited
GSTIN & GST Filing Data of Choksi Laboratories Limited
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Credit Ratings, Litigation & Regulatory Alerts for Choksi Laboratories Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Choksi Laboratories Limited
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MSME Payment Delays by Choksi Laboratories Limited
MSME Payment Delays by Choksi Laboratories Limited
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Subsidiaries & Group Companies of Choksi Laboratories Limited
Subsidiaries & Group Companies of Choksi Laboratories Limited
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MCA Filings & Documents of Choksi Laboratories Limited
MCA Filings & Documents of Choksi Laboratories Limited
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Recent Activity on Choksi Laboratories Limited
Recent News on Choksi Laboratories Limited
Frequently Asked Questions about Choksi Laboratories Limited
Choksi Laboratories Limited is an active public limited company in the pharma sector based in Indore, Madhya Pradesh, India. It was incorporated on 29 January 1993 (33+ years old) and is registered under CIN L85195MP1993PLC007471. Listed on BSE: 526546. The company has 318 employees.
Choksi Laboratories Limited reported revenue of ₹41.85 Cr for FY 2025 (up 14.00% YoY).
The current directors of Choksi Laboratories Limited are:
- Meenaxi Patidar
- Raghmendra Singh
- Prachi Mantri
- Prakhar Dubey
- Abha Shastri
- Mr Vyangesh Choksi
- Vyangesh Choksi
- Himika Choksi
- Sunil Kumar Choksi
- Stela Choksi
The primary industry of Choksi Laboratories Limited is pharma. The company specifically operates in pharma contract r and d. The company is currently active in this sector.
Yes. Choksi Laboratories Limited is listed on BSE with code 526546.
Choksi Laboratories Limited can be reached at the registered office: Survey No 91 Near Tulsiyana Industrial Park Gram Kum, Erdi, Indore, Madhya Pradesh, India – 452010, or through the website choksilab.com.