About Deepthy Labs Private Limited
Data last updated:
Deepthy Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 16 April 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24116KA1999PTC025070. Its GSTIN is 29AABCD2343P1ZD (Karnataka).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹71.35 Lakh. It is led by directors including Prakash Billady Shetty (Managing Director) and Devika Prakash Shetty.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.23 III Stagekssidc Industrial Estate Peenya, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.62 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹52.72 Lakh (net margin 6.1%) and EBITDA of ₹1.22 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company has about 16 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Deepthy Labs. As per MCA filings, the company has open charges of ₹2.32 Cr and satisfied charges of ₹2.05 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website deepthylabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo.23 III Stagekssidc Industrial Estate Peenya, Bangalore, Karnataka, India – 560058
- IndustryChemicals and Materials, Specialty Chemicals
- 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 Deepthy Labs Private Limited
The main business activity of Deepthy 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 Deepthy Labs Private Limited FY 2025 filings available
Deepthy Labs Private Limited reported revenue of ₹8.62 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Deepthy Labs Private Limited
Revenue fell 1% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 21% 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 Deepthy Labs Private 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 | ₹1.22 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹52.72 Lakh | •••• | •••• | •••• | •••• |
| 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 Deepthy Labs Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.1% | •••• | •••• | •••• | •••• |
| 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 Deepthy 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 Deepthy Labs Private Limited
Deepthy Labs Private Limited is compared with the companies closest to it by revenue in the Chemicals industry (Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mithros Chemicals Private Limited | ₹8.78 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Hyderabad, Telangana, India |
| Chiral Drugs Pvt Ltd | ₹8.77 Cr (FY 2024) | •••• | •••• | -35.0% | •••• | Surat, Gujarat, India |
| Sitrix Advanced Materials Private Limited | ₹8.77 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Thane, Maharashtra, India |
| Vishal Coating Pvt Ltd | ₹8.67 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| 20 MCC Private Limited | ₹8.63 Cr (FY 2025) | •••• | •••• | 47.0% | •••• | Waghodia, Gujarat, India |
| Deepthy Labs Private Limited this company | ₹8.62 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Wictor Chemicals India Private Limited | ₹8.56 Cr (FY 2024) | •••• | •••• | -52.0% | •••• | New Delhi, Delhi, India |
| Supershield Private Limited | ₹8.53 Cr (FY 2023) | •••• | •••• | -23.0% | •••• | Coimbatore, Tamil Nadu, India |
| Gupta Solvo-Chem Private Limited | ₹8.51 Cr (FY 2024) | •••• | •••• | -7.0% | •••• | New Delhi, Delhi, India |
| Omshri Labs Private Limited | ₹8.51 Cr (FY 2024) | •••• | •••• | -16.0% | •••• | Indore, Madhya Pradesh, India |
| Otto Chemie Private Limited | ₹8.42 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Deepthy Labs by revenue in the Chemicals industry (Specialty Chemicals), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Deepthy Labs Private Limited
Deepthy Labs Private Limited is audited by SHREESH & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHREESH & CO | 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 Deepthy Labs Private Limited
Deepthy Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Devika Prakash Shetty | Director | 16 Apr 1999 | 27 Years 5 Months | Current |
| Deviprasad Shetty | Director | 31 Dec 2003 | 22 Years 9 Months | Current |
| Prakash Billady Shetty | Managing Director | 16 Apr 1999 | 27 Years 5 Months | Current |
Ownership and Shareholding of Deepthy Labs Private 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 Deepthy Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jun 2024 | Axis Bank Limited | ₹9.6 Lakh | Open |
| 03 Jul 2006 | Canara Bank | ₹2.23 Cr | Open |
| 13 Apr 2022 | Hdfc Bank Limited | ₹24.85 Lakh | Satisfied |
| 23 Nov 2020 | Axis Bank Limited | ₹7.94 Lakh | Satisfied |
| 26 Mar 2019 | Axis Bank Limited | ₹17.97 Lakh | Satisfied |
Total charge records: 9 View all charges
Legal Cases of Deepthy Labs Private Limited
Deepthy Labs Private Limited has 1 court case on record: 1 filed by Deepthy Labs. All case is disposed. Status as checked on 01 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against an individual | Disposed |
Full case history
All 1 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 Deepthy Labs Private Limited
Deepthy Labs Private Limited has 10 MSME Form 1 returns on record between 2019 and 2024, listing 156 overdue payments to 17 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 17)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ammonia Marketing Company | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| National Plasto Containers Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 10 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 Deepthy Labs Private Limited
Deepthy Labs operates one associated brand: Deepthy Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies pure acids, solvents, and fine chemicals to customers. | deepthylabs.com |
Employees and EPFO Compliance at Deepthy Labs Private Limited
Deepthy Labs Private Limited has a workforce of 16 employees as of Mar 28, 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.
Recent Activity on Deepthy Labs Private Limited
Deepthy Labs Private Limited has 3 board changes on record since 1999: 3 appointments. The latest: Deviprasad Shetty was appointed as Director on 31 Dec 2003.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Deepthy Labs Private 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 Deepthy Labs Private 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 Deepthy Labs Private Limited
Deepthy Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCD2343P1ZD | Karnataka | 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 Deepthy Labs Private 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 Deepthy Labs Private Limited
Deepthy Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 16 April 1999 (27+ years old) and is registered under CIN U24116KA1999PTC025070.
Deepthy Labs reported revenue of ₹8.62 Cr for FY 2024 (down 1% YoY).
Deepthy Labs has 3 current directors:
- Prakash Billady Shetty - Managing Director
- Devika Prakash Shetty - Director
- Deviprasad Shetty - Director
Deepthy Labs reported a net profit of ₹52.72 Lakh (net margin 6.1%) and EBITDA of ₹1.22 Cr (EBITDA margin 14.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Deepthy Labs is 5% over three years and 1% over five years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Deepthy Labs is 29AABCD2343P1ZD, registered in Karnataka.
The CIN (Corporate Identification Number) of Deepthy Labs is U24116KA1999PTC025070. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Deepthy Labs has 1 court case on record: 1 filed by the company.
Deepthy Labs was incorporated on 16 April 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Deepthy Labs by revenue are Mithros Chemicals Private Limited, Chiral Drugs Pvt Ltd, Sitrix Advanced Materials Private Limited, Vishal Coating Pvt Ltd, 20 MCC Private Limited and 5 more, all in the Chemicals industry (Specialty Chemicals).
Deviprasad Shetty was appointed as Director on 31 Dec 2003. Devika Prakash Shetty was appointed as Director on 16 Apr 1999. Prakash Billady Shetty was appointed as Managing Director on 16 Apr 1999.
Deepthy Labs has 10 MSME Form 1 returns on record between 2019 and 2024, listing 156 overdue payments to 17 micro and small suppliers. The latest return was filed on 09 May 2024.