MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-09-0003734
Citus Research LLP
Citus Research LLP - healthcare in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹22.91 Cr
▲ 22% YoY
Net profit · FY 2023
₹2.47 Cr
Net margin 10.8%
EBITDA · FY 2023
₹2.64 Cr
EBITDA margin 11.5%
Contribution obligation
₹1 Lakh
As per LLP agreement
LLP age
8 yrs
Est. 2018
Employees · EPFO
61
Provident fund records
Designated partners
2
As per MCA filings
Active GSTINs
1
GST registered
About Citus Research LLP
Data last updated:
Citus Research LLP is a limited liability partnership (LLP) based in Ahmedabad, Gujarat, India. It operates in the hospital and clinical services segment of the healthcare sector. It was incorporated on 25 September 2018 and has been in existence for over 8 years.
The LLP is registered with the Registrar of Companies (ROC), Ahmedabad, under LLPIN AAN-3437. Its GSTIN is 24AANFC8691C1ZA (Gujarat).
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Viraj Dhirubhai Shah and Rajen Dhirubhai Shah.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at A – 1 401 Akruti Elegance Godrej Garden City Road Jagatpur, Ahmedabad, Gujarat, India – 382470.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹22.91 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net profit of ₹2.47 Cr (net margin 10.8%) and EBITDA of ₹2.64 Cr (EBITDA margin 11.5%). Revenue has grown at a compounded annual rate (CAGR) of 133% over three years.
The LLP has about 61 employees on its provident fund (EPFO) records.
Citus Research LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-09-0003734).
Company details
LLPIN AAN-3437
Incorporation Date 25 September 2018
Total Obligation of Contribution ₹1 Lakh
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 March 2025
Date of Balance Sheet 31 March 2025
MSME Classification Small
Udyam Registration UDYAM-GJ-09-0003734
Recognitions & Rankings of Citus Research
Contact details
Citus Research LLP's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA – 1 401 Akruti Elegance Godrej Garden City Road Jagatpur, Ahmedabad, Gujarat, India – 382470
- IndustryHealthcare, Hospitals
To see the full contact details of Citus Research LLP, buy the company report.
Comprehensive company report
Citus Research LLP - 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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Financials of Citus Research LLP
FY 2025 filings availableCitus Research LLP reported revenue of ₹22.91 Cr (up 22% YoY) for FY 2023.
Revenue · FY 2023
₹22.91 Cr ▲ 22%
Net profit · FY 2023
₹2.47 Cr margin 10.8%
EBITDA · FY 2023
₹2.64 Cr margin 11.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 133%
EBITDA CAGR growth
1 year
▲ 129%
Revenue has grown at a compounded annual rate (CAGR) of 133% over three years, including 22% growth in the latest year. EBITDA rose 129% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
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| Total Income | ₹22.91 Cr | ||||
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| Tax | |||||
| Profit After Tax | ₹2.47 Cr | ||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
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Financial Ratios
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 10.8% | ||||
| Return on Partners' Funds | |||||
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To see the full financial statements and ratios of Citus Research LLP, buy the company report.
Designated partners of Citus Research LLP
Citus Research has 2 current designated partners and 2 former designated partners. Current designated partners are listed first, with their designation and appointment date.
Current Designated Partners
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Viraj Dhirubhai Shah Also directs: Nova Chemdrugs Private Limited, Raptim Research Private Limited | Designated Partner | 25 Sep 2018 | 8 Years 1 Months | Current |
| Rajen Dhirubhai Shah Also directs: Nova Chemdrugs Private Limited, Raptim Research Private Limited | Designated Partner | 25 Sep 2018 | 8 Years 1 Months | Current |
Legal cases
No court or tribunal cases involving Citus Research LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Citus Research LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Citus Research LLP has a workforce of 61 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
61
Active EPFO establishments
1
GST
Citus Research has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AANFC8691C1ZA | Gujarat | Active | 17 Dec 2018 |
To see the full GST registrations and return filing status of Citus Research LLP, buy the company report.
Recent activity
Citus Research LLP has 4 designated partner changes on record since 2018: 3 appointments and 1 cessation. The latest: Yellavajjhula Kamalakara Rao was appointed as Partner on 28 Jul 2021.
AGM
Citus Research Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Citus Research Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Yellavajjhula Kamalakara Rao was appointed as Partner.
Ceased
Rajen Dhirubhai Shah ceased to be Partner.
Appointed
Rajen Dhirubhai Shah was appointed as Designated Partner.
Appointed
Viraj Dhirubhai Shah was appointed as Designated Partner.
Incorporation
25 Sep 2018
Citus Research Llp was registered on 25 Sep 2018 with Roc Ahmedabad & aged 8 years 1 month as per MCA records.
Frequently asked questions
Citus Research is an active limited liability partnership based in Ahmedabad, Gujarat, India. The LLP works in hospitals, within the healthcare industry. It was incorporated on 25 September 2018 (8+ years old) and is registered under LLPIN AAN-3437.
Citus Research has 2 current designated partners:
- Viraj Dhirubhai Shah - Designated Partner
- Rajen Dhirubhai Shah - Designated Partner
The latest financial statements of Citus Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Citus Research is 24AANFC8691C1ZA, registered in Gujarat.
The LLPIN (Limited Liability Partnership Identification Number) of Citus Research is AAN-3437. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Citus Research was incorporated on 25 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Yellavajjhula Kamalakara Rao was appointed as Partner on 28 Jul 2021. Rajen Dhirubhai Shah ceased to be Partner on 27 Jul 2021. Rajen Dhirubhai Shah was appointed as Designated Partner on 25 Sep 2018. Citus Research has 4 designated partner changes on record in total.
Yes, Citus Research is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-09-0003734).
The registered office of Citus Research is at A – 1 401 Akruti Elegance Godrej Garden City Road Jagatpur, Ahmedabad, Gujarat, India – 382470.
Citus Research operates in the healthcare industry, in the hospitals segment.