Globex Laboratories (R&D) Limited
About Globex Laboratories (R&D) Limited
Data last updated:
Globex Laboratories (R&D) Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the dyes and pigments segment of the chemicals and materials sector. It was incorporated on 29 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24150MH1998PLC115539. Its GSTIN is 24AABCR7541R1ZV (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹8.91 Cr. It was formerly known as Globex Laboratories (R&D) Private Limited and Rex-Tone Organic Industries Private Limited. It is led by directors including Shakun Harish Goswamy (Managing Director) and Neerav Harish Goswamy.
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 16 Yashodham Shopping Center Film City Road Goregaon (East), Mumbai, Maharashtra, India – 400063.
As per the financials filed for FY 2025, the company reported a revenue of ₹58.98 Cr, a decline of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.87 Cr (net margin 8.3%) and EBITDA of ₹7.45 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 21% over five years.
The company has about 29 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹8 Cr and satisfied charges of ₹31.9 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address16 Yashodham Shopping Center Film City Road Goregaon (East), Mumbai, Maharashtra, India – 400063
- IndustryChemicals and Materials, Dyes & Pigments, Colorants
- 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 Globex Laboratories (R&D) Limited
The main business activities of Globex Laboratories (R&D) are trade and manufacturing. In detail, this covers wholesale trading and chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| 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 Globex Laboratories (R&D) Limited FY 2025 filings available
Globex Laboratories (R&D) Limited reported revenue of ₹58.98 Cr (down 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Globex Laboratories (R&D) Limited
Revenue fell 5% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 21%. EBITDA fell 10% 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 Globex Laboratories (R&D) 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 | ₹7.45 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.87 Cr | •••• | •••• | •••• | •••• |
| 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 Globex Laboratories (R&D) Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| 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 Globex Laboratories (R&D) 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 Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Seiko Advance (India) Private Limited | ₹61.11 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | New Delhi, Delhi, India |
| Vyankatesh Udyog (India) Private Limited | ₹60.73 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Nagpur, Maharashtra, India |
| Harsh Organo-Chem (India) Private Limited | ₹60.72 Cr (FY 2022) | •••• | •••• | 6.0% | •••• | Gujarat, India |
| Westtek Enterprises Private Limited | ₹60.5 Cr (FY 2024) | •••• | •••• | 23.0% | •••• | Manipal, Karnataka, India |
| Vanvid Chemicals Private Limited | ₹59.73 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Mumbai, Maharashtra, India |
| Globex Laboratories (R&D) Limited this company | ₹58.98 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Mumbai, Maharashtra, India |
| Sarisons Shoe Tech Private Limited | ₹58.69 Cr (FY 2024) | •••• | •••• | -36.0% | •••• | Vellore, Tamil Nadu, India |
| Marpol Private Limited | ₹58.01 Cr (FY 2021) | •••• | •••• | -2.0% | •••• | South Goa, Goa, India |
| Evergreen Dyestuff Industries Private Limited | ₹57.79 Cr (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| Vardhaman Dye-Stuff Industries Private Limited | ₹57.47 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Technichem Organics Limited | ₹57.46 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Globex Laboratories (R&D) by revenue in the Chemicals industry (Dyes and Pigments), 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 Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) Limited is audited by DESAI SAKSENA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| DESAI SAKSENA AND ASSOCIATES | 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 Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shakun Harish Goswamy Also directs: Rex-Tone Industries Limited | Managing Director | 29 Jun 1998 | 28 Years 3 Months | Current |
| Neerav Harish Goswamy Also directs: Rex-Tone Industries Limited, Hotel Polo Towers Limited | Director | 29 Jun 1998 | 28 Years 3 Months | Current |
| Harish Chunilal Goswamy Also directs: Rex-Tone Industries Limited | Director | 29 Jun 1998 | 28 Years 3 Months | Current |
Ownership and Shareholding of Globex Laboratories (R&D) 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 Globex Laboratories (R&D) Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Dec 2020 | Others | ₹8 Cr | Open |
| 24 Dec 2020 | Others | ₹50 Lakh | Satisfied |
| 06 Oct 2015 | Others | ₹9 Cr | Satisfied |
| 18 Apr 2013 | Tata Capital Financial Services Limited | ₹13 Cr | Satisfied |
| 11 Jan 2012 | Others | ₹9 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) Limited has a workforce of 29 employees as of Apr 08, 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.
Name History of Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) has undergone 2 name changes throughout its history. The company was previously known as Globex Laboratories (R&D) Private Limited, and Rex-Tone Organic Industries Private Limited. The current legal name is Globex Laboratories (R&D) Limited.
| Company Name | Status |
|---|---|
| Globex Laboratories (R&D) Limited | Current |
| Globex Laboratories (R&D) Private Limited | Previous |
| Rex-Tone Organic Industries Private Limited | Previous |
CIN History of Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) has one previous CIN (Corporate Identification Number): U24150MH1998PTC115539. The current CIN is U24150MH1998PLC115539, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24150MH1998PLC115539 | Current |
| U24150MH1998PTC115539 | Previous |
Recent Activity on Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) Limited has 5 board changes on record since 1998: 3 appointments and 2 cessations. The latest: Saurabh Harish Goswamy ceased to be Director on 23 Jun 2020.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Globex Laboratories (R&D) 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.
MSME Payment Delays by Globex Laboratories (R&D) Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Globex Laboratories (R&D) 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 Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCR7541R1ZV | Gujarat | 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 Globex Laboratories (R&D) 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 Globex Laboratories (R&D) Limited
Globex Laboratories (R&D) is an active public limited company based in Mumbai, Maharashtra, India. The company works in dyes and pigments, within the chemicals and materials industry. It was incorporated on 29 June 1998 (28+ years old) and is registered under CIN U24150MH1998PLC115539.
Globex Laboratories (R&D) reported revenue of ₹58.98 Cr for FY 2025 (down 5% YoY).
Globex Laboratories (R&D) has 3 current directors:
- Shakun Harish Goswamy - Managing Director
- Neerav Harish Goswamy - Director
- Harish Chunilal Goswamy - Director
Globex Laboratories (R&D) reported a net profit of ₹4.87 Cr (net margin 8.3%) and EBITDA of ₹7.45 Cr (EBITDA margin 12.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Globex Laboratories (R&D) is 10% over three years and 21% over five years. In the latest year (FY 2025) revenue fell 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Globex Laboratories (R&D) is 24AABCR7541R1ZV, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Globex Laboratories (R&D) is U24150MH1998PLC115539. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Globex Laboratories (R&D) was incorporated on 29 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Globex Laboratories (R&D) by revenue are Seiko Advance (India) Private Limited, Vyankatesh Udyog (India) Private Limited, Harsh Organo-Chem (India) Private Limited, Westtek Enterprises Private Limited, Vanvid Chemicals Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
Saurabh Harish Goswamy ceased to be Director on 23 Jun 2020. Shakun Harish Goswamy ceased to be Director on 01 Jan 2009. Harish Chunilal Goswamy was appointed as Director on 29 Jun 1998. Globex Laboratories (R&D) has 5 board changes on record in total.
The registered office of Globex Laboratories (R&D) is at 16 Yashodham Shopping Center Film City Road Goregaon East, Mumbai, Maharashtra, India – 400063.