About Clearsynth Labs Limited
Data last updated:
Clearsynth Labs Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 30 March 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24100MH2010PLC201433. Its GSTIN is 27AADCC9150H1ZM (Maharashtra). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹1.73 Cr. It was formerly known as Clearsynth Labs Private Limited. It is led by directors including Suman Vijay Ambati (Whole-Time Director) and Vijay Kumar Ambati (Whole-Time Director).
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 17th Floor Lotus Nilkamal Business Park New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹175.17 Cr, a growth of 86% compared to the previous year. For the same year it recorded a net profit of ₹9.41 Cr (net margin 5.4%) and EBITDA of ₹25.21 Cr (EBITDA margin 14.4%). Revenue has grown at a compounded annual rate (CAGR) of 68% over three years and 37% over five years.
The company has about 267 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Clearsynth. As per MCA filings, the company has open charges of ₹113.59 Cr and satisfied charges of ₹21.85 Cr on record. Court records list 8 cases involving the company, including 3 filed by the company and 5 filed against it; 4 cases are pending. The company has 13 deals on record (6 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹46.06 Cr; the latest was in February 2022. Its 10 peer companies in the Chemicals industry (Contract Research, Specialty Chemicals) are compared by revenue, 5 larger and 5 smaller; the largest is Milestone Preservatives Private Limited. The company has 17 MSME Form 1 returns on record between 2015 and 2024, listing 1,928 overdue payments to 58 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website clearsynth.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address17th Floor Lotus Nilkamal Business Park New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryPharma, Pharma Contract R&D
- 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 Clearsynth Labs Limited
The main business activity of Clearsynth Labs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Clearsynth Labs Limited FY 2024 filings available
Clearsynth Labs Limited reported revenue of ₹175.17 Cr (up 86% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Clearsynth Labs Limited
Revenue has grown at a compounded annual rate (CAGR) of 37% over five years, including 86% growth in the latest year. EBITDA rose 136% 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 Clearsynth Labs Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹25.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.41 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 of Clearsynth Labs Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.4% | •••• | •••• | •••• | •••• |
| 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 Clearsynth Labs 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.
Peer Comparison of Clearsynth Labs Limited
Clearsynth Labs Limited is compared with the companies closest to it by revenue in the Chemicals industry (Contract Research, Specialty Chemicals). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Milestone Preservatives Private Limited | •••• | •••• | •••• | •••• | 79 | Gavasad, Gujarat, India |
| Laxai Life Sciences Private Limited | •••• | •••• | •••• | •••• | 377 | Hyderabad, Telangana, India |
| P D Navkar Bio Chem Private Limited | •••• | •••• | •••• | •••• | 103 | Bangalore, Karnataka, India |
| Anshul Specialty Molecules Private Limited | •••• | •••• | •••• | •••• | 229 | Mumbai, Maharashtra, India |
| M-Panels Research Services Private Limited | •••• | •••• | •••• | •••• | 278 | Bangalore, Karnataka, India |
| Clearsynth Labs Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Soudal India Private Limited | •••• | •••• | •••• | •••• | 111 | New Delhi, Delhi, India |
| Aurigene Oncology Limited | •••• | •••• | •••• | •••• | 466 | Bangalore, Karnataka, India |
| CHT (India) Private Limited | •••• | •••• | •••• | •••• | 138 | Navi Mumbai, Maharashtra, India |
| Troy Chemical (India) Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Fimakem India Limited | •••• | •••• | •••• | •••• | 249 | Udaipur, Rajasthan, India |
Peers are the five companies nearest above and the five nearest below Clearsynth Labs by revenue in the Chemicals industry (Contract Research, Specialty Chemicals), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Clearsynth Labs Limited
Clearsynth Labs Limited is audited by C N K & Associates LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C N K & Associates LLP | 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.
Board of Directors of Clearsynth Labs Limited
Clearsynth Labs has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanatham Ambati | Director | 12 Aug 2014 | 12 Years 1 Months | Current |
| Suman Vijay Ambati | Whole-Time Director | 14 Aug 2010 | 16 Years 1 Months | Current |
| Vijay Kumar Ambati | Whole-Time Director | 30 Mar 2010 | 16 Years 6 Months | Current |
Ownership and Shareholding of Clearsynth Labs 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 Clearsynth Labs Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Aug 2024 | Others | ₹48.51 Cr | Open |
| 14 Mar 2024 | Hdfc Bank Limited | ₹1.74 Cr | Open |
| 28 Feb 2024 | Axis Bank Limited | ₹44.4 Lakh | Open |
| 30 Nov 2022 | Tata Capital Financial Services Limited | ₹38.89 Lakh | Open |
| 28 Mar 2022 | Others | ₹48.51 Cr | Open |
Total charge records: 14 View all charges
Deals & Funding of Clearsynth Labs Limited
Clearsynth Labs Limited has 13 deals on record (6 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹46.06 Cr; the latest was in February 2022.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: SIDBI Ventures |
| Dec 2021 | Secondary share transfer | Undisclosed | Seller: SIDBI Ventures |
| Sep 2020 | Funding round | ₹3 Cr | Investors: SIDBI Ventures |
| Sep 2020 | Debt financing | ₹2.25 Cr | Investors: SIDBI Ventures |
| Sep 2020 | Funding round | ₹19.4 Lakh | Investors: 2 individuals |
Full deal history
All 13 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Clearsynth Labs Limited
Clearsynth Labs Limited has 8 court cases on record: 3 filed by Clearsynth Labs, 5 filed against it. 4 cases are pending and 4 are disposed. Status as checked between 28 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 3 | 0 | 2 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed against the company by Mithros Chemicals Private Limited | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Mithros Chemicals Private Limited | Disposed |
| District court, Medchal Malkajgiri, Telangana | Execution petition | Filed against the company by M/S.Mitros Chemicals Pvt. Ltd | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against State of Maharashtra | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by Rational Lab Pvt Ltd | Pending |
Full case history
All 8 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.
MSME Payment Delays by Clearsynth Labs Limited
Clearsynth Labs Limited has 17 MSME Form 1 returns on record between 2015 and 2024, listing 1,928 overdue payments to 58 micro and small suppliers. 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 (5 of 58)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kemiezen Lifesciences LLP | •••• | •••• | •••• |
| Spark Scientific Private Limited | •••• | •••• | •••• |
| Symax Laboratories Private Limited | •••• | •••• | •••• |
| Omkar Traders | •••• | •••• | •••• |
| BRP Shoppe Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 17 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Clearsynth Labs Limited
Clearsynth Labs operates one associated brand: Clearsynth. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| CDMO focused on manufacturing of pharmaceutical small molecules and analytical research services | clearsynth.com |
Employees and EPFO Compliance at Clearsynth Labs Limited
Clearsynth Labs Limited has a workforce of 267 employees as of Apr 06, 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.
Group Structure of Clearsynth Labs Limited
Clearsynth Labs has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Amrete Healthcare (India) Private Limited | U74999MH2018PTC316718 | Locked |
Showing major subsidiaries. Total: 1.
CIN History of Clearsynth Labs Limited
Clearsynth Labs has one previous CIN (Corporate Identification Number): U24100MH2010PTC201433. The current CIN is U24100MH2010PLC201433, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24100MH2010PLC201433 | Current |
| U24100MH2010PTC201433 | Previous |
Recent Activity on Clearsynth Labs Limited
Clearsynth Labs Limited has 8 board changes on record since 2010: 3 appointments and 5 cessations. The latest: Aneish Kumaran Kumar ceased to be Director on 22 Feb 2021.
29 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Clearsynth Labs 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.
Subsidiaries & Group Companies of Clearsynth Labs 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 Clearsynth Labs Limited
Clearsynth Labs has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC9150H1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AADCC9150H2ZL | Maharashtra | Active | 01 Apr 2025 |
| 36AADCC9150H1ZN | Telangana | 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 Clearsynth Labs 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 Clearsynth Labs Limited
Clearsynth Labs is an active public limited company based in Mumbai, Maharashtra, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 30 March 2010 (16+ years old) and is registered under CIN U24100MH2010PLC201433.
Clearsynth Labs reported revenue of ₹175.17 Cr for FY 2024 (up 86% YoY).
Clearsynth Labs has 3 current directors:
- Suman Vijay Ambati - Whole-Time Director
- Vijay Kumar Ambati - Whole-Time Director
- Vishwanatham Ambati - Director
Clearsynth Labs reported a net profit of ₹9.41 Cr (net margin 5.4%) and EBITDA of ₹25.21 Cr (EBITDA margin 14.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Clearsynth Labs is 68% over three years and 37% over five years. In the latest year (FY 2024) revenue rose 86%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Clearsynth Labs is 27AADCC9150H1ZM, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 27AADCC9150H2ZL (Maharashtra), 36AADCC9150H1ZN (Telangana).
The CIN (Corporate Identification Number) of Clearsynth Labs is U24100MH2010PLC201433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Clearsynth Labs has 8 court cases on record: 3 filed by the company and 5 filed against it. 4 are pending. Most are in the district courts.
Clearsynth Labs was incorporated on 30 March 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
Clearsynth Labs has 13 deals on record (6 funding rounds, 5 secondary share transfers, 1 rights issue), with disclosed funding of ₹46.06 Cr; the latest was in February 2022.
The peers of Clearsynth Labs by revenue are Milestone Preservatives Private Limited, Laxai Life Sciences Private Limited, P D Navkar Bio Chem Private Limited, Anshul Specialty Molecules Private Limited, M-Panels Research Services Private Limited and 5 more, all in the Chemicals industry (Contract Research, Specialty Chemicals).
Aneish Kumaran Kumar ceased to be Director on 22 Feb 2021. Suman Vijay Ambati ceased to be Director on 01 Sep 2018. Vijay Kumar Ambati ceased to be Director on 01 Sep 2018. Clearsynth Labs has 8 board changes on record in total.