MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0034638
Essar Lab Mate Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹7.32 Cr
▲ 55% YoY
Net profit · FY 2025
₹40.89 Lakh
Net margin 5.6%
EBITDA · FY 2025
₹53.3 Lakh
EBITDA margin 7.3%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹1 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Directors on board
3
As per MCA filings
About Essar Lab Mate Private Limited
Data last updated:
Essar Lab Mate Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical equipment retail and distribution segment of the healthcare sector. It was incorporated on 06 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC101093. Its GSTIN is 29AAECE5538Q1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Vipin Sudhakaran and Pulinchery Vadakkeveedu Rajamohan.
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 Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.32 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹40.89 Lakh (net margin 5.6%) and EBITDA of ₹53.3 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 11% over three years and 20% over five years.
The company is associated with 1 brand: Essar Lab Mate. As per MCA filings, the company has open charges of ₹1 Cr on record.
Essar Lab Mate Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0034638). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website essarlab.com.
Company Details of Essar Lab Mate Private Limited
CIN U74999KA2017PTC101093
Registration Number 101093
Incorporation Date 06 March 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-02-0034638
Key People
Vipin Sudhakaran Director Pulinchery Vadakkeveedu Rajamohan Director Sasidharan Pillai Sunilkumar Director Recognitions & Rankings of Essar Lab Mate
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressNo 353 1st Cross Lake View Residency Layout (Rajanna Layout) Agara Main Road Horam, Avu Agara, Bangalore, Karnataka, India – 560043
- IndustryHealthcare, Medical Equipment Retail & Distribution
Comprehensive company report
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Associated Brands with Essar Lab Mate Private Limited
Essar Lab Mate operates one associated brand: Essar Lab Mate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Distribution of laboratory and scientific equipment for pharmaceuticals, biotechnology, and other sectors in India. | essarlab.com |
Business Activity of Essar Lab Mate Private Limited
The main business activity of Essar Lab Mate is professional, scientific and technical. In detail, this covers scientific research and development.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Essar Lab Mate Private Limited FY 2025 filings available
Essar Lab Mate Private Limited reported revenue of ₹7.32 Cr (up 55% YoY) for FY 2025.
Revenue · FY 2025
₹7.32 Cr ▲ 55%
Net profit · FY 2025
₹40.89 Lakh margin 5.6%
EBITDA · FY 2025
₹53.3 Lakh margin 7.3%
Compounded Annual Growth Rate (CAGR) of Essar Lab Mate Private Limited
Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 11%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 178%
3 years · compounded
▲ 31%
5 years · compounded
▲ 47%
Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 55% growth in the latest year. EBITDA rose 178% 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 Essar Lab Mate Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹53.3 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹40.89 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 Essar Lab Mate Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.6% | •••• | •••• | •••• | •••• |
| 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 Essar Lab Mate are in the company report.
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Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Essar Lab Mate Private Limited
Essar Lab Mate has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vipin Sudhakaran | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
| Pulinchery Vadakkeveedu Rajamohan | Director | 08 Sep 2018 | 8 Years 1 Months | Current |
| Sasidharan Pillai Sunilkumar | Director | 06 Mar 2017 | 9 Years 7 Months | Current |
Peer Comparison of Essar Lab Mate Private Limited
Essar Lab Mate Private Limited is compared with the companies closest to it by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sirus Biocare Private Limited | ₹7.37 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Kolkata, West Bengal, India |
| Robomed Innovations Private Limited | ₹7.35 Cr (FY 2025) | •••• | •••• | 120.0% | •••• | Bangalore, Karnataka, India |
| Perseus Tech Private Limited | ₹7.34 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Thane, Maharashtra, India |
| B.J.Zh.F. Panther Medical Equipment India Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | 0.0% | •••• | Mumbai, Maharashtra, India |
| Naik Meditechs & Devices Private Limited | ₹7.32 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Ernakulam, Kerala, India |
| Essar Lab Mate Private Limited this company | ₹7.32 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Bangalore, Karnataka, India |
| Technomac Biomatics Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | New Delhi, Delhi, India |
| Chemtron Analytical Instruments Private Limited | ₹7.31 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | New Delhi, Delhi, India |
| Vindeca Life Sciences Private Limited | ₹7.27 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Tenet Life Sciences Private Limited | ₹7.26 Cr (FY 2025) | •••• | •••• | 116.0% | •••• | Kota, Rajasthan, India |
| Rigel India Private Limited | ₹7.22 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Essar Lab Mate by revenue in the Healthcare industry (Healthcare Equipment Retail and Distribution), 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 Essar Lab Mate Private Limited
Auditor information for Essar Lab Mate Private Limited provides details about the firm responsible for auditing the company's financial statements and ensuring compliance with regulatory requirements.
Ownership and Shareholding of Essar Lab Mate Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Essar Lab Mate Private Limited
Open charges
₹1 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2025 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Essar Lab Mate Private Limited
Employment history and EPFO contributions of people linked to Essar Lab Mate.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Verified entity values are shown only after access is granted.
Recent Activity on Essar Lab Mate Private Limited
Essar Lab Mate Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Pulinchery Vadakkeveedu Rajamohan ceased to be Additional Director on 28 Sep 2019.
Charges
A charge with Others amounted to Rs. 100.00 Lakh with Charge ID 101193867 was registered on 28 Nov 2025.
AGM
Essar Lab Mate Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Essar Lab Mate Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Ceased
Pulinchery Vadakkeveedu Rajamohan ceased to be Additional Director.
Appointed
Pulinchery Vadakkeveedu Rajamohan was appointed as Director.
Appointed
Sasidharan Pillai Sunilkumar was appointed as Director.
Appointed
Vipin Sudhakaran was appointed as Director.
Incorporation
06 Mar 2017
Essar Lab Mate Private Limited was registered on 06 Mar 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Credit Ratings, Litigation & Regulatory Alerts for Essar Lab Mate Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Essar Lab Mate Private Limited
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Subsidiaries & Group Companies of Essar Lab Mate Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Essar Lab Mate Private Limited
Essar Lab Mate has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE5538Q1ZW | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Essar Lab Mate Private Limited
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Frequently Asked Questions about Essar Lab Mate Private Limited
Essar Lab Mate is an active private limited company based in Bangalore, Karnataka, India. The company works in medical equipment retail and distribution, within the healthcare industry. It was incorporated on 06 March 2017 (9+ years old) and is registered under CIN U74999KA2017PTC101093.
Essar Lab Mate reported revenue of ₹7.32 Cr for FY 2025 (up 55% YoY).
Essar Lab Mate has 3 current directors:
- Vipin Sudhakaran - Director
- Pulinchery Vadakkeveedu Rajamohan - Director
- Sasidharan Pillai Sunilkumar - Director
Essar Lab Mate reported a net profit of ₹40.89 Lakh (net margin 5.6%) and EBITDA of ₹53.3 Lakh (EBITDA margin 7.3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Essar Lab Mate is 11% over three years and 20% over five years. In the latest year (FY 2025) revenue rose 55%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Essar Lab Mate is 29AAECE5538Q1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Essar Lab Mate is U74999KA2017PTC101093. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Essar Lab Mate was incorporated on 06 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Essar Lab Mate by revenue are Sirus Biocare Private Limited, Robomed Innovations Private Limited, Perseus Tech Private Limited, B.J.Zh.F. Panther Medical Equipment India Private Limited, Naik Meditechs & Devices Private Limited and 5 more, all in the Healthcare industry (Healthcare Equipment Retail and Distribution).
Pulinchery Vadakkeveedu Rajamohan ceased to be Additional Director on 28 Sep 2019. Pulinchery Vadakkeveedu Rajamohan was appointed as Director on 08 Sep 2018. Sasidharan Pillai Sunilkumar was appointed as Director on 06 Mar 2017. Essar Lab Mate has 4 board changes on record in total.
Yes, Essar Lab Mate is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-02-0034638).