Govind Laboratories Private Limited
About Govind Laboratories Private Limited
Data last updated:
Govind Laboratories Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 January 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ1998PTC033516. Its GSTIN is 24AABCG2426N1ZO (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹90 Lakh and a paid-up capital of ₹47.89 Lakh. It is led by directors Alkeshkumar Govindlal Modi and Kalpeshkumar Govindlal Modi.
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 Plot No 37 & 41 Mahalaxmi Industrial Estate Vill.Iyava Tal/Sanand, Ahmedabad, Gujarat, India – 382110.
As per the financials filed for FY 2024, the company reported a revenue of ₹23.3 Cr, a growth of 92% compared to the previous year. For the same year it recorded a net profit of ₹81.63 Lakh (net margin 3.5%) and EBITDA of ₹2.94 Cr (EBITDA margin 12.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹14.22 Cr and satisfied charges of ₹1.5 Cr on record. Court records list 18 cases involving the company, including 2 filed by the company and 16 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Govind Laboratories Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No 37 & 41 Mahalaxmi Industrial Estate Vill.Iyava Tal/Sanand, Ahmedabad, Gujarat, India – 382110
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Govind Laboratories Private Limited, buy the company report.
- 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
Business activity
The main business activity of Govind Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Govind Laboratories Private Limited, buy the company report.
Financials of Govind Laboratories Private Limited
FY 2024 filings availableGovind Laboratories Private Limited reported revenue of ₹23.3 Cr (up 92% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 92% growth in the latest year. EBITDA rose 46% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.94 Cr | ||||
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| Net Profit (PAT) | ₹81.63 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.6% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of Govind Laboratories Private Limited, buy the company report.
Board of directors of Govind Laboratories Private Limited
Govind Laboratories has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alkeshkumar Govindlal Modi Also directs: Govind Formulation Private Limited, Gowin Business Solution Private Limited, Govind Lifesciences Private Limited and 2 more | Director | 05 Jan 1998 | 28 Years 10 Months | Current |
| Kalpeshkumar Govindlal Modi Also directs: Govind Formulation Private Limited, Gowin Business Solution Private Limited, Govind Lifesciences Private Limited and 2 more | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
Peer comparison
Govind Laboratories Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Medisol Lifescience Private Limited | ₹23.51 Cr (FY 2024) | 158.0% | Mumbai, Maharashtra, India | |||
| Precept Pharma Limited | ₹23.38 Cr (FY 2025) | -6.0% | Chandigarh, India | |||
| Govind Laboratories Private Limitedthis company | ₹23.3 Cr (FY 2024) | ₹81.63 Lakh | 3.5% | 92.0% | Ahmedabad, Gujarat, India | |
| Health Line Pharmaceuticals Private Limited | ₹23.25 Cr (FY 2025) | -3.0% | Mumbai, Maharashtra, India | |||
| Go-Ish Remedies Limited | ₹23.23 Cr (FY 2025) | 16.0% | Nalagarh, Himachal Pradesh, India | |||
| Medisky Pharmaceuticals Private Limited | ₹23.22 Cr (FY 2024) | 196.0% | Ahmedabad, Gujarat, India | |||
| Skan Research Lab Private Limited | ₹23.12 Cr (FY 2025) | 23.0% | Puducherry, India |
To see the full peer comparison of Govind Laboratories Private Limited, buy the company report.
Auditor
Govind Laboratories Private Limited is audited by PARIKH & MAJMUDAR for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PARIKH & MAJMUDAR | FY 2021 | 107525W |
Shareholding
The shareholding of Govind Laboratories Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Govind Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2023 | 100807448 | Others | ₹6 Cr | Open | |
| 07 Jul 2021 | 100456245 | Sidbi | ₹2.6 Cr | Open | |
| 26 Oct 2020 | 100380628 | Others | ₹3.22 Cr | Open | |
| 28 Jul 2020 | 100361478 | Others | ₹2.4 Cr | Open | |
| 02 Sep 2016 | 100052658 | Others | ₹1.1 Cr | Satisfied |
To see the full charge records of Govind Laboratories Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Govind Laboratories Private Limited has 18 court cases on record: 2 filed by Govind Laboratories, 16 filed against it. 2 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 13 | 2 |
| High courts | 3 | 3 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (Cri.Appeal) | Filed by the company against M/S Madhukar Hormones and Steroids Pvt Ltd and 1 and 1 other | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Ms Madhukar Hormones and Steroids P Ltd | Disposed |
| District court, Mahesana, Gujarat | Criminal complaint | Filed against the company by The Mahesana Arban Co.Op. Bank Li., Mahesanana Shree Anilkumar Jayantibhai Patel | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by M/S. Madhukar Hormones and Steroids Ltd. | Pending |
| High Court of Gujarat | Special civil application | Filed against the company | Disposed |
To see the full case history of Govind Laboratories Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Govind Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Govind Laboratories has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG2426N1ZO | Gujarat | Active | 01 Jul 2017 |
| 24AABCG2426N2ZN | Gujarat | Active | 14 Dec 2020 |
To see the full GST registrations and return filing status of Govind Laboratories Private Limited, buy the company report.
Recent activity
Govind Laboratories Private Limited has 6 board changes on record since 1998: 2 appointments and 4 cessations. The latest: Govindlal Manilal Modi ceased to be Director on 12 Apr 2021.
7 earlier events are in the company report.
Frequently asked questions
Govind Laboratories is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 January 1998 (28+ years old) and is registered under CIN U24230GJ1998PTC033516.
Govind Laboratories has 2 current directors:
- Alkeshkumar Govindlal Modi - Director
- Kalpeshkumar Govindlal Modi - Director
The latest financial statements of Govind Laboratories 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 Govind Laboratories is 24AABCG2426N1ZO, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCG2426N2ZN (Gujarat).
The CIN (Corporate Identification Number) of Govind Laboratories is U24230GJ1998PTC033516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Govind Laboratories has 18 court cases on record: 2 filed by the company and 16 filed against it. 2 are pending. Most are in the district courts.
Govind Laboratories was incorporated on 05 January 1998, making it 28+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Govind Laboratories by revenue are Medisol Lifescience Private Limited, Precept Pharma Limited, Health Line Pharmaceuticals Private Limited, Go-Ish Remedies Limited, Medisky Pharmaceuticals Private Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Govindlal Manilal Modi ceased to be Director on 12 Apr 2021. Kalpeshkumar Govindlal Modi was appointed as Director on 30 Mar 2015. Kinnari Alkeshbhai Modi ceased to be Director on 30 Mar 2015. Govind Laboratories has 6 board changes on record in total.
The registered office of Govind Laboratories is at Plot No 37 & 41 Mahalaxmi Industrial Estate Vill.Iyava TalSanand, Ahmedabad, Gujarat, India – 382110.
Govind Laboratories operates in the pharma industry, in the drug formulation and development segment.
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