About Glowderma Lab Private Limited
Data last updated:
Glowderma Lab Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 02 December 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2003PTC143343. Its GSTIN is 27AACCG0928Q1Z8 (Maharashtra). The company holds 16 GST registrations, of which 15 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Shailesh Dhirajlal Khatri and Rajeshkumar Chhaganlal Khatri.
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹75.53 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹2.91 Cr (net margin 3.9%) and EBITDA of ₹5.99 Cr (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 293 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Glowderma. As per MCA filings, the company has open charges of ₹17.16 Cr and satisfied charges of ₹25.32 Lakh on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it; 2 cases are 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 glowderma.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address3rd Floor Iconic Tower Of The Building Urmi Estate, Ganpatrao Kadam Marg Lower Parel West, Mumbai, Maharashtra, India – 400013
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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 with Glowderma Lab Private Limited
Glowderma Lab operates one associated brand: Glowderma. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Glowderma manufactures skincare brands and dermatology medications for consumer health needs. | glowderma.com |
Competitors & Alternatives of Glowderma Lab Private Limited
Brands and companies operating in the same space as Glowderma Lab Private Limited include Influx Healthtech, Ador Multiproducts, Vedic Cosmeceuticals and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Influx Healthtech | Contract based manufacturer of healthcare products | Mumbai, India | 2003 |
 Ador Multiproducts | Personal care products are manufactured and supplied by Ador Multiproducts. | Mumbai, India | 1948 |
 Vedic Cosmeceuticals | Personal care products are manufactured under contract by the company. | Noida, India | 2002 |
 Stella Indusstries | Produces high-quality personal care products, including aerosols and cosmetics. | Gurugram, India | 1983 |
 Primacy Industries | Scented candles, air, personal care, and hygiene products are contract-manufactured. | Mangaluru, India | 2005 |
 Bioingredia | Crafts premium plant-based extracts for food, beverage, and nutraceutical applications. | Ernakulam, India | 2014 |
 Ivia Beaute | Specializes in contract manufacturing of high-quality personal care products. | Sonipat, India | 2018 |
Business Activity of Glowderma Lab Private Limited
The main business activity of Glowderma Lab is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | 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.
Auditor Details of Glowderma Lab Private Limited
Glowderma Lab Private Limited is audited by Puneet Singhvi & Associates for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Puneet Singhvi & 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 Glowderma Lab Private Limited
Glowderma Lab has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shailesh Dhirajlal Khatri | Director | 18 Jul 2005 | 21 Years 2 Months | Current |
| Rajeshkumar Chhaganlal Khatri Also directs: Vida Pret & Couture LLP, Akwheel Property LLP, Amorvin Holdings Private Limited and 4 more | Director | 02 Dec 2003 | 22 Years 10 Months | Current |
| Ashaben Rajeshkumar Khatri | Director | 02 Dec 2003 | 22 Years 10 Months | Current |
Financials of Glowderma Lab Private Limited FY 2025 filings available
Glowderma Lab Private Limited reported revenue of ₹75.53 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Glowderma Lab Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 5% growth in the latest year. EBITDA rose 626% 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 Glowderma Lab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
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| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹5.99 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.91 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Glowderma Lab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 Glowderma Lab 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.
Ownership and Shareholding of Glowderma Lab Private 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 Glowderma Lab Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2022 | Others | ₹3.89 Cr | Open |
| 15 Dec 2021 | Axis Bank Limited | ₹36.25 Lakh | Open |
| 17 Feb 2021 | Others | ₹4 Cr | Open |
| 30 Sep 2020 | Axis Bank Limited | ₹5.91 Cr | Open |
| 05 Jul 2008 | Union Bank of India | ₹2 Cr | Open |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Glowderma Lab Private Limited
Glowderma Lab Private Limited has a workforce of 293 employees as of Mar 11, 2025.
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.
GST Compliance of Glowderma Lab Private Limited
Glowderma Lab has 16 GST registrations: 15 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCG0928Q1Z8 | Maharashtra | Active | 01 Jul 2017 |
| 24AACCG0928Q1ZE | Gujarat | Active | 01 Jul 2017 |
| 09AACCG0928Q1Z6 | Uttar Pradesh | Active | 23 Mar 2023 |
| 29AACCG0928Q1Z4 | Karnataka | Active | 10 Apr 2023 |
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.
Legal Cases of Glowderma Lab Private Limited
Glowderma Lab Private Limited has 5 court cases on record: 4 filed by Glowderma Lab, 1 filed against it. 2 cases are pending and 3 are disposed. Status as checked between 28 Sep 2026 and 02 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 0 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (LPETN) | Filed by the company against Nupelt Pharmaceuticals | Pending |
| High Court of Delhi | Commercial suit | Filed by the company against Danish Khan Trading As M/S Clear Vacations Also As Trading As Fashion 18 & Ors | Pending |
| Bombay High Court | Interim or miscellaneous application | Filed by the company against Nupelt Pharmaceuticals | Disposed |
| Bombay High Court | Court case (COMIP) | Filed by the company against Nupelt Pharmaceuticals | Disposed |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Complaint ULP I) | Filed against the company by an individual | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit Ratings, Litigation & Regulatory Alerts for Glowderma Lab Private 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 Glowderma Lab Private 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 Glowderma Lab Private 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.
MCA Filings & Documents of Glowderma Lab Private 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.
Recent Activity on Glowderma Lab Private Limited
Frequently Asked Questions about Glowderma Lab Private Limited
Glowderma Lab is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 02 December 2003 (23+ years old) and is registered under CIN U24230MH2003PTC143343.
Glowderma Lab reported revenue of ₹75.53 Cr for FY 2025 (up 5% YoY).
Glowderma Lab has 3 current directors:
- Shailesh Dhirajlal Khatri - Director
- Rajeshkumar Chhaganlal Khatri - Director
- Ashaben Rajeshkumar Khatri - Director
Glowderma Lab reported a net profit of ₹2.91 Cr (net margin 3.9%) and EBITDA of ₹5.99 Cr (EBITDA margin 7.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Glowderma Lab is -7% over three years and 1% over five years. In the latest year (FY 2025) revenue rose 5%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Glowderma Lab is 27AACCG0928Q1Z8, registered in Maharashtra. The company has 16 GST registrations in all, of which 15 are active and 1 is cancelled or inactive. Other active GSTINs include 24AACCG0928Q1ZE (Gujarat), 09AACCG0928Q1Z6 (Uttar Pradesh), 29AACCG0928Q1Z4 (Karnataka).
The CIN (Corporate Identification Number) of Glowderma Lab is U24230MH2003PTC143343. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Glowderma Lab has 5 court cases on record: 4 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Glowderma Lab was incorporated on 02 December 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.