- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-02-0034638

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.
Recognitions & Rankings of Essar Lab Mate
- 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
- 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
Associated Brands
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
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 |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Financials of Essar Lab Mate Private Limited
FY 2025 filings availableEssar Lab Mate Private Limited reported revenue of ₹7.32 Cr (up 55% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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
| Metrics | FY 2024-25 | FY 2020-21 to FY 2023-24in the company report |
|---|---|---|
| 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, and every line for FY 2020-21 to FY 2023-24, 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.
: available in the company report
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.
| 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 |
Auditor Details
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
: available in the company report
Charges & Borrowings
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2025 | Others | ₹1 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance
Employment history and EPFO contributions of people linked to Essar Lab Mate.
: available in the company report
Recent Activity
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.
Credit Ratings, Litigation & Regulatory Alerts
: available in the company report
MSME Payment Delays
: available in the company report
Subsidiaries & Group Companies
: available in the company report
GST Compliance
Essar Lab Mate has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECE5538Q1ZW | Karnataka | Active | 01 Jul 2017 |
: available in the company report
MCA Filings & Documents
: available in the company report
Frequently Asked Questions
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 has 3 current directors:
- Vipin Sudhakaran - Director
- Pulinchery Vadakkeveedu Rajamohan - Director
- Sasidharan Pillai Sunilkumar - Director
The latest financial statements of Essar Lab Mate on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
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.
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).
Essar Lab Mate can be reached through the website essarlab.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Essar Lab Mate is at No 353 1st Cross Lake View Residency Layout Rajanna Layout Agara Main Road Horam, Avu Agara, Bangalore, Karnataka, India – 560043.