MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-19-0016483
Clearsynth Labs Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹175.17 Cr
▲ 86% YoY
Net profit · FY 2024
₹9.41 Cr
Net margin 5.4%
EBITDA · FY 2024
₹25.21 Cr
EBITDA margin 14.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹1.73 Cr
Issued & subscribed
Open charges
₹113.59 Cr
Satisfied ₹21.85 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
267
Provident fund records
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 7 peer companies in the Chemicals industry (Contract Research, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Milestone Preservatives Private Limited with revenue of ₹179.18 Cr. 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.
Clearsynth Labs Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-19-0016483). 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.
Company details
CIN U24100MH2010PLC201433
Registration Number 201433
Incorporation Date 30 March 2010
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 31 December 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-MH-19-0016483
CIN history
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 |
Key People
Suman Vijay Ambati Whole-Time Director Vijay Kumar Ambati Whole-Time Director Vishwanatham Ambati Director Recognitions & Rankings of Clearsynth Labs
Contact details
Clearsynth Labs Limited's registered office is in Mumbai, Maharashtra. Its website is clearsynth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address17th Floor Lotus Nilkamal Business Park New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Clearsynth Labs Limited, buy the company report.
Comprehensive company report
Clearsynth Labs 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
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 |
Business activity
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Clearsynth Labs Limited, buy the company report.
Financials of Clearsynth Labs Limited
FY 2024 filings availableClearsynth Labs Limited reported revenue of ₹175.17 Cr (up 86% YoY) for FY 2024.
Revenue · FY 2024
₹175.17 Cr ▲ 86%
Net profit · FY 2024
₹9.41 Cr margin 5.4%
EBITDA · FY 2024
₹25.21 Cr margin 14.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 86%
3 years · compounded
▲ 68%
5 years · compounded
▲ 37%
EBITDA CAGR growth
1 year
▲ 136%
3 years · compounded
▲ 31%
5 years · compounded
▲ 28%
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹25.21 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.41 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| 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) | |||||
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To see the full financial statements and ratios of Clearsynth Labs Limited, buy the company report.
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.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishwanatham Ambati | Director | 12 Aug 2014 | 12 Years 2 Months | Current |
| Suman Vijay Ambati | Whole-Time Director | 14 Aug 2010 | 16 Years 2 Months | Current |
| Vijay Kumar Ambati | Whole-Time Director | 30 Mar 2010 | 16 Years 6 Months | Current |
Peer comparison
Clearsynth Labs Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Contract Research, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Milestone Preservatives Private Limited | ₹179.18 Cr (FY 2025) | -3.0% | Gavasad, Gujarat, India | |||
| P D Navkar Bio Chem Private Limited | ₹177.65 Cr (FY 2025) | -3.0% | Bangalore, Karnataka, India | |||
| Anshul Specialty Molecules Private Limited | ₹177.17 Cr (FY 2024) | 18.0% | Mumbai, Maharashtra, India | |||
| Clearsynth Labs Limitedthis company | ₹175.17 Cr (FY 2024) | ₹9.41 Cr | 5.4% | 86.0% | 267 | Mumbai, Maharashtra, India |
| Soudal India Private Limited | ₹172.26 Cr (FY 2025) | 15.0% | New Delhi, Delhi, India | |||
| CHT (India) Private Limited | ₹171.68 Cr (FY 2025) | 15.0% | Navi Mumbai, Maharashtra, India | |||
| Troy Chemical (India) Private Limited | ₹171.35 Cr (FY 2025) | 51.0% | Mumbai, Maharashtra, India | |||
| Fimakem India Limited | ₹171.09 Cr (FY 2025) | 0.0% | Udaipur, Rajasthan, India |
To see the full peer comparison of Clearsynth Labs Limited, buy the company report.
Auditor
Clearsynth Labs Limited is audited by C N K & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C N K & Associates LLP | FY 2023 | 101961W/W100036 |
Shareholding
The shareholding of Clearsynth Labs 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Clearsynth Labs Limited, buy the company report.
Charges & borrowings
Open charges
₹113.59 Cr
Satisfied charges
₹21.85 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2024 | 100971041 | Others | ₹48.51 Cr | Open | |
| 14 Mar 2024 | 100933842 | Hdfc Bank Limited | ₹1.74 Cr | Open | |
| 28 Feb 2024 | 100883503 | Axis Bank Limited | ₹44.4 Lakh | Open | |
| 30 Nov 2022 | 100655648 | Tata Capital Financial Services Limited | ₹38.89 Lakh | Open | |
| 28 Mar 2022 | 100553938 | Others | ₹48.51 Cr | Open |
To see the full charge records of Clearsynth Labs Limited, buy the company report.
Total charge records: 14 View all charges
Deals & funding
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.
Total deals
13
Funding rounds
6
Secondary share transfers
5
Rights issue
1
Debt financing
1
Disclosed funding
₹46.06 Cr
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 |
To see the full deal history of Clearsynth Labs Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
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.
Total cases
8
Filed by the company
3
Filed against the company
5
Pending
4
Disposed
4
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 Pvt Ltd Rep by G Adinarayana | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed against the company by Mithros Chemicals Pvt Ltd Rep by G Adinarayana | 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 and Anr | Pending |
| District court, Medchal Malkajgiri, Telangana | Cheque dishonour complaint | Filed against the company by Rational Lab Pvt Ltd., | Pending |
To see the full case history of Clearsynth Labs Limited, buy the company report.
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
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 |
To see the full MSME payment records of Clearsynth Labs Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
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.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Amrete Healthcare (India) Private Limited | U74999MH2018PTC316718 |
To see the full group structure of Clearsynth Labs Limited, buy the company report.
Employees & EPFO
Clearsynth Labs Limited has a workforce of 267 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
267
Active EPFO establishments
1
Employee growth
25.94%
GST
Clearsynth Labs has 4 GST registrations: 3 active and 1 cancelled or inactive.
Total GSTINs
4
Active
3
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC9150H1ZM | Maharashtra | Active | 01 Jul 2017 |
| 27AADCC9150H2ZL | Maharashtra | Active | 01 Apr 2025 |
| 36AADCC9150H1ZN | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Clearsynth Labs Limited, buy the company report.
Recent activity
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.
AGM
Clearsynth Labs Limited last Annual general meeting of members was held on 31 Dec 2024 as per latest MCA records.
Charges
A charge registered on 26 Jun 2020 via Charge ID 100355003 with Others was fully satisfied on 13 Sep 2024.
Charges
A charge with Others of Rs. 48.51 Cr registered on 27 Aug 2024 with Charge ID 100971041 was modified on 05 Sep 2024.
Charges
A charge with Others amounted to Rs. 48.51 Cr with Charge ID 100971041 was registered on 27 Aug 2024.
Charges
A charge with Others of Rs. 48.51 Cr registered on 28 Mar 2022 with Charge ID 100553938 was modified on 14 Aug 2024.
Filing
Clearsynth Labs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.74 Cr with Charge ID 100933842 was registered on 14 Mar 2024.
Charges
A charge with Axis Bank Limited amounted to Rs. 0.44 Cr with Charge ID 100883503 was registered on 28 Feb 2024.
Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 0.39 Cr with Charge ID 100655648 was registered on 30 Nov 2022.
Charges
A charge with Others of Rs. 14.00 Cr registered on 01 Aug 2019 with Charge ID 100289563 was modified on 15 Sep 2022.
Charges
A charge registered on 11 Sep 2018 via Charge ID 100203300 with Others was fully satisfied on 13 May 2022.
Charges
A charge registered on 27 Jan 2016 via Charge ID 10617323 with Others was fully satisfied on 13 May 2022.
29 earlier events are in the company report.
Frequently asked questions
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 has 3 current directors:
- Suman Vijay Ambati - Whole-Time Director
- Vijay Kumar Ambati - Whole-Time Director
- Vishwanatham Ambati - Director
The latest financial statements of Clearsynth Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
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, P D Navkar Bio Chem Private Limited, Anshul Specialty Molecules Private Limited, Soudal India Private Limited, CHT (India) Private Limited and 2 more, all in the Chemicals industry (Contract Research, Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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.
Yes, Clearsynth Labs is registered as an MSME under Udyam registration (number: UDYAM-MH-19-0016483).
Clearsynth Labs has 17 MSME Form 1 returns on record between 2015 and 2024, listing 1,928 overdue payments to 58 micro and small suppliers. The latest return was filed on 02 May 2024.