Glocare Labs Private Limited

Glocare Labs Private Limited - pharma in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U18101TN1990PTC019538 Incorporated 21 August 1990 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2024
₹8.54 Cr
▲ 55% YoY
Net profit · FY 2024
₹5.4 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹23.76 Lakh
EBITDA margin 2.8%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.35 Cr
Issued & subscribed
Open charges
₹1.65 Cr
Secured borrowings
Company age
36 yrs
Est. 1990
Employees · EPFO
20
Provident fund records

About Glocare Labs Private Limited

Data last updated:

Glocare Labs Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 August 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U18101TN1990PTC019538. Its GSTIN is 33AACCG3064B1Z9 (Tamil Nadu).

The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.35 Cr. It is led by directors including Vaniambadi Abdulwahab Mohamedali and Venkatesh Prarthana.

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 2A Third Floor Ganga Nagar Fourth Street Kodambakkam, Chennai, Tamil Nadu, India – 600024.

As per the financials filed for FY 2024, the company reported a revenue of ₹8.54 Cr, a growth of 55% compared to the previous year. For the same year it recorded a net profit of ₹5.4 Lakh (net margin 0.6%) and EBITDA of ₹23.76 Lakh (EBITDA margin 2.8%). Revenue has grown at a compounded annual rate (CAGR) of 215% over three years.

The company has about 20 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Glocare Labs. As per MCA filings, the company has open charges of ₹1.65 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website glocarelabscro.com.

Company details

CIN U18101TN1990PTC019538
Registration Number 019538
Incorporation Date 21 August 1990
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant

Contact details

Glocare Labs Private Limited's registered office is in Chennai, Tamil Nadu. Its website is glocarelabscro.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    2A Third Floor Ganga Nagar Fourth Street Kodambakkam, Chennai, Tamil Nadu, India – 600024
  • Industry
    Pharma, Pharmaceutical Retailers & Distributors

To see the full contact details of Glocare Labs Private Limited, buy the company report.

Comprehensive company report
Glocare 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
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Brands

Glocare Labs operates one associated brand: Glocare Labs. Each brand links to its own profile.

BrandDescriptionWebsite
Delivers comprehensive medical writing, quality management, and pharmacovigilance services to the biopharma sector.glocarelabscro.com

Business activity

The main business activity of Glocare Labs is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other Hospital and Medical Care Activities

To see the full business activity and turnover split of Glocare Labs Private Limited, buy the company report.

Financials of Glocare Labs Private Limited

FY 2025 filings available

Glocare Labs Private Limited reported revenue of ₹8.54 Cr (up 55% YoY) for FY 2024.

Revenue · FY 2024
₹8.54 Cr ▲ 55%
Net profit · FY 2024
₹5.4 Lakh margin 0.6%
EBITDA · FY 2024
₹23.76 Lakh margin 2.8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 215%
EBITDA CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 30%

Revenue has grown at a compounded annual rate (CAGR) of 215% over three years, including 55% growth in the latest year. EBITDA rose 31% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹23.76 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.4 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin2.8%
Net Profit Margin0.6%
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

To see the full financial statements and ratios of Glocare Labs Private Limited, buy the company report.

Board of directors of Glocare Labs Private Limited

Glocare Labs has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vaniambadi Abdulwahab MohamedaliAdditional Director03 Jan 20242 Years 9 MonthsCurrent
Venkatesh PrarthanaAdditional Director03 Jan 20242 Years 9 MonthsCurrent
Raj VenkateshAdditional Director08 Apr 20242 Years 6 MonthsCurrent

Auditor

Glocare Labs Private Limited is audited by M. SHARMILA for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M. SHARMILAFY 2023230028

Shareholding

The shareholding of Glocare Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Glocare Labs Private Limited, buy the company report.

Charges & borrowings

Open charges
₹1.65 Cr
Satisfied charges
None
Breakdown by lending institutions
Union Bank of Indai₹1.65 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
26 Dec 199490283592Union Bank of Indai₹1.65 CrOpen

To see the full charge records of Glocare Labs Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Glocare Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Glocare Labs Private Limited has a workforce of 20 employees on its EPFO records as of Oct 09, 2025, across 1 active EPFO establishment.

Employee count
20
Active EPFO establishments
1
Employee growth
-25.93%

GST

Glocare Labs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
33AACCG3064B1Z9Tamil NaduActive01 Jul 2017

To see the full GST registrations and return filing status of Glocare Labs Private Limited, buy the company report.

Recent activity

Glocare Labs Private Limited has 11 board changes on record since 2003: 7 appointments and 4 cessations. The latest: Manickam Kamalakannan ceased to be Director on 25 Apr 2024.

AGM
Glocare Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Glocare Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Ceased
Manickam Kamalakannan ceased to be Director.
Appointed
Raj Venkatesh was appointed as Additional Director.
Ceased
Venkatesh Rajendra Arakontala ceased to be Managing Director.
Appointed
Vaniambadi Abdulwahab Mohamedali was appointed as Additional Director.
Appointed
Venkatesh Prarthana was appointed as Additional Director.
Ceased
Aerakontala Rajendran Rajam ceased to be Whole-Time Director.
Appointed
Manickam Kamalakannan was appointed as Director.
Ceased
Rajendran ceased to be Managing Director.
Appointed
Aerakontala Rajendran Rajam was appointed as Whole-Time Director.
Appointed
Rajendran was appointed as Managing Director.

4 earlier events are in the company report.

Frequently asked questions

Glocare Labs is an active private limited company based in Chennai, Tamil Nadu, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 August 1990 (36+ years old) and is registered under CIN U18101TN1990PTC019538.

Glocare Labs has 3 current directors:

The latest financial statements of Glocare Labs 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 2015 are in the company report.

The GSTIN of Glocare Labs is 33AACCG3064B1Z9, registered in Tamil Nadu.

The CIN (Corporate Identification Number) of Glocare Labs is U18101TN1990PTC019538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Glocare Labs has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.

Glocare Labs was incorporated on 21 August 1990, making it 36+ years old. It is registered with the Registrar of Companies, Chennai.

Manickam Kamalakannan ceased to be Director on 25 Apr 2024. Raj Venkatesh was appointed as Additional Director on 08 Apr 2024. Venkatesh Rajendra Arakontala ceased to be Managing Director on 09 Mar 2024. Glocare Labs has 11 board changes on record in total.

Glocare Labs can be reached through the website glocarelabscro.com. Its registered office is in Chennai, Tamil Nadu, India.

The registered office of Glocare Labs is at 2A Third Floor Ganga Nagar Fourth Street Kodambakkam, Chennai, Tamil Nadu, India – 600024.