MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-DL-04-0009292
Excel Waves Labs Private Limited - pharma in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹56.16 Lakh
▼ 72% YoY
Net profit · FY 2022
₹61,351
Net margin 1.1%
EBITDA · FY 2022
₹10.34 Lakh
EBITDA margin 18.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹30 Lakh
Secured borrowings
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Excel Waves Labs Private Limited
Data last updated:
Excel Waves Labs Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 September 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51397DL2008PTC182934. Its GSTIN is 07AACCE0772A1Z7 (Delhi).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Shrey Goel and Neeta Goel.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 487/30 Behind Sidh Baba Mandir Peeragarhi, New Delhi, Delhi, India – 110041.
As per the financials filed for FY 2022, the company reported a revenue of ₹56.16 Lakh, a decline of 72% compared to the previous year. For the same year it recorded a net profit of ₹61,351 (net margin 1.1%) and EBITDA of ₹10.34 Lakh (EBITDA margin 18.4%). Revenue has declined at a compounded annual rate (CAGR) of 32% over three years and 1% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
Excel Waves Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-04-0009292). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website excelwaves.in.
Company details
CIN U51397DL2008PTC182934
Registration Number 182934
Incorporation Date 05 September 2008
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-DL-04-0009292
Key People
Shrey Goel Director Neeta Goel Director Recognitions & Rankings of Excel Waves Labs
Contact details
Excel Waves Labs Private Limited's registered office is in New Delhi, Delhi. Its website is excelwaves.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address487/30 Behind Sidh Baba Mandir Peeragarhi, New Delhi, Delhi, India – 110041
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Excel Waves Labs Private Limited, buy the company report.
Comprehensive company report
Excel Waves Labs Private 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Excel Waves Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Excel Waves Labs Private Limited, buy the company report.
Financials of Excel Waves Labs Private Limited
FY 2024 filings availableExcel Waves Labs Private Limited reported revenue of ₹56.16 Lakh (down 72% YoY) for FY 2022.
Revenue · FY 2022
₹56.16 Lakh ▼ 72%
Net profit · FY 2022
₹61,351 margin 1.1%
EBITDA · FY 2022
₹10.34 Lakh margin 18.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 72%
3 years · compounded
▼ 32%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 62%
5 years · compounded
▲ 115%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 72% fall in the latest year. EBITDA rose 63% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | ₹10.34 Lakh | ||||
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| Net Profit (PAT) | ₹61,351 | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Excel Waves Labs Private Limited, buy the company report.
Board of directors of Excel Waves Labs Private Limited
Excel Waves Labs has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrey Goel Also directs: Noval Powertech Private Limited | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Neeta Goel | Director | 31 May 2024 | 2 Years 4 Months | Current |
Peer comparison
Excel Waves Labs Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Nimaco Formulations (India) Private Limited | ₹56.37 Lakh (FY 2024) | -77.0% | Ahmedabad, Gujarat, India | |||
| Excel Waves Labs Private Limitedthis company | ₹56.16 Lakh (FY 2022) | ₹61,351 | 1.1% | -72.0% | New Delhi, Delhi, India | |
| Crompton Pharma Private Limited | ₹56.15 Lakh (FY 2025) | 35.0% | Panchkula, Haryana, India | |||
| Ruta Marketing Private Limited | ₹56.11 Lakh (FY 2023) | 77.0% | Pune, Maharashtra, India | |||
| M R Pharmaceutical Technologies Private Limited | ₹55.81 Lakh (FY 2024) | 85.0% | New Delhi, Delhi, India |
To see the full peer comparison of Excel Waves Labs Private Limited, buy the company report.
Auditor
Excel Waves Labs Private Limited is audited by AMIT KUSUM GUPTA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT KUSUM GUPTA & CO | FY 2021 | 017827N |
Shareholding
The shareholding of Excel Waves Labs Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Excel Waves Labs Private Limited, buy the company report.
Charges & borrowings
Open charges
₹30 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Sep 2020 | 100384696 | Hdfc Bank Limited | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Excel Waves Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Excel Waves Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Excel Waves Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AACCE0772A1Z7 | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Excel Waves Labs Private Limited, buy the company report.
Recent activity
Excel Waves Labs Private Limited has 9 board changes on record since 2017: 2 appointments and 7 cessations. The latest: Neeta Goel ceased to be Additional Director on 29 Sep 2024.
AGM
Excel Waves Labs Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Neeta Goel ceased to be Additional Director.
Appointed
Neeta Goel was appointed as Director.
Filing
Excel Waves Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi Ii.
Ceased
Har Narain Goel ceased to be Additional Director.
Ceased
Sat Narain Goel ceased to be Additional Director.
Ceased
Suresh Kumar ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100384696 was registered on 21 Sep 2020.
Ceased
Dheeraj Goel ceased to be Additional Director.
Ceased
Shrey Goel ceased to be Director.
Appointed
Shrey Goel was appointed as Director.
Ceased
Madan Lal Juneja ceased to be Director.
1 earlier event is in the company report.
Frequently asked questions
Excel Waves Labs is an active private limited company based in New Delhi, Delhi, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 September 2008 (18+ years old) and is registered under CIN U51397DL2008PTC182934.
Excel Waves Labs has 2 current directors:
- Shrey Goel - Director
- Neeta Goel - Director
The latest financial statements of Excel Waves Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Excel Waves Labs is 07AACCE0772A1Z7, registered in Delhi.
The CIN (Corporate Identification Number) of Excel Waves Labs is U51397DL2008PTC182934. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Excel Waves Labs was incorporated on 05 September 2008, making it 18+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of Excel Waves Labs by revenue are Nimaco Formulations (India) Private Limited, Crompton Pharma Private Limited, Ruta Marketing Private Limited, M R Pharmaceutical Technologies Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Neeta Goel ceased to be Additional Director on 29 Sep 2024. Neeta Goel was appointed as Director on 31 May 2024. Har Narain Goel ceased to be Additional Director on 25 Mar 2023. Excel Waves Labs has 9 board changes on record in total.
Yes, Excel Waves Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-DL-04-0009292).
Excel Waves Labs can be reached through the website excelwaves.in. Its registered office is in New Delhi, Delhi, India.
The registered office of Excel Waves Labs is at 48730 Behind Sidh Baba Mandir Peeragarhi, New Delhi, Delhi, India – 110041.