About Harson Labs Pvt Ltd
Data last updated:
Harson Labs Pvt Ltd is a private limited company based in Vadodara, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 26 June 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1991PTC015863. Its GSTIN is 24AAACH4614E1Z5 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Bhavesh Chandulal Vora and Divyesh Chandulal Vora.
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 A1 Anupamnagar Behind Rajvee Towers Near Tube Company Old Padra Road, Vadodara, Gujarat, India – 390020.
As per the financials filed for FY 2025, the company reported a revenue of ₹41,378, a decline of 98% compared to the previous year. For the same year it recorded a net loss of ₹1.7 Lakh (net margin -411.1%) and EBITDA of -₹1.65 Lakh (EBITDA margin -399.7%). Revenue has declined at a compounded annual rate (CAGR) of 68% over three years and 64% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website harsonlab.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA1 Anupamnagar Behind Rajvee Towers Near Tube Company Old Padra Road, Vadodara, Gujarat, India – 390020
- IndustryPharma, Drug Formulation & Development
- 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 Harson Labs Pvt Ltd
The main business activity of Harson Labs 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.
Financials of Harson Labs Pvt Ltd FY 2025 filings available
Harson Labs Pvt Ltd reported revenue of ₹41,378 (down 98% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Harson Labs Pvt Ltd
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 98% fall in the latest year. EBITDA rose 85% 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 Harson Labs Pvt Ltd
| 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 | -₹1.65 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.7 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 of Harson Labs Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -399.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -411.1% | •••• | •••• | •••• | •••• |
| 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 Harson Labs 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 Harson Labs Pvt Ltd
Harson Labs Pvt Ltd is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Phages Pharmaceutical Private Limited | ₹42,360 (FY 2024) | •••• | •••• | 20.0% | •••• | Prayagraj, Uttar Pradesh, India |
| Nutech Formulations Private Limited | ₹42,346 (FY 2025) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
| Protent Pharma Private Limited | ₹42,119 (FY 2025) | •••• | •••• | -3.0% | •••• | Mrg, Uttar Pradesh, India |
| Genesis Labs Limited | ₹42,006 (FY 2025) | •••• | •••• | 1100.0% | •••• | Mumbai, Maharashtra, India |
| Winsome Laboratories Limited | ₹41,916 (FY 2025) | •••• | •••• | 5.0% | •••• | Delhi, India |
| Harson Labs Pvt Ltd this company | ₹41,378 (FY 2025) | •••• | •••• | -98.0% | •••• | Vadodara, Gujarat, India |
| Vyome Biosciences Private Limited | ₹40,161 (FY 2025) | •••• | •••• | -96.0% | •••• | Vadodara, Gujarat, India |
| Allhazen Humancare Private Limited | ₹40,125 (FY 2024) | •••• | •••• | 98.0% | •••• | Lucknow, Uttar Pradesh, India |
| Nirlabs Welson Pharmaceutical India Private Limited | ₹40,025 (FY 2025) | •••• | •••• | -91.0% | •••• | Lucknow, Uttar Pradesh, India |
| Castilia Life Sciences Private Limited | ₹39,944 (FY 2025) | •••• | •••• | 903.0% | •••• | Mumbai, Maharashtra, India |
| Mirallex Remedies Private Limited | ₹39,800 (FY 2025) | •••• | •••• | •••• | Washim, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Harson Labs by revenue in the Pharma industry (Formulations), 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 Harson Labs Pvt Ltd
Harson Labs Pvt Ltd is audited by J HARKISONDAS & CO for the financial year 2020.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J HARKISONDAS & CO | 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 Harson Labs Pvt Ltd
Harson Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhavesh Chandulal Vora Also directs: Harson Laboratories India Private Limited | Director | 26 Jun 1991 | 35 Years 3 Months | Current |
| Divyesh Chandulal Vora Also directs: Harson Laboratories India Private Limited | Director | 26 Jun 1991 | 35 Years 3 Months | Current |
| Jayesh Chandulal Vora Also directs: Harson Laboratories India Private Limited | Director | 26 Jun 1991 | 35 Years 3 Months | Current |
Ownership and Shareholding of Harson Labs Pvt Ltd
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 Harson Labs Pvt Ltd
Harson Labs Pvt Ltd does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Harson Labs Pvt Ltd
Harson Labs Pvt Ltd has 3 court cases on record: 3 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Court case (AO) | Filed against the company by Shree Trading Company | Disposed |
| District court, Vadodara, Gujarat | Commercial matter | Filed against the company by Shree Trading Company | Disposed |
| District court, Ahmedabad, Gujarat | Court case (PWAPP-LC) | Filed against the company by an individual | Disposed |
Full case history
All 3 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.
Employees and EPFO Compliance at Harson Labs Pvt Ltd
Harson Labs Pvt Ltd has a workforce of 3 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.
Recent Activity on Harson Labs Pvt Ltd
Harson Labs Pvt Ltd has 3 board changes on record since 1991: 3 appointments. The latest: Bhavesh Chandulal Vora was appointed as Director on 26 Jun 1991.
Credit Ratings, Litigation & Regulatory Alerts for Harson Labs Pvt Ltd
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 Harson Labs Pvt Ltd
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 Harson Labs Pvt Ltd
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 Harson Labs Pvt Ltd
Harson Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH4614E1Z5 | 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 Harson Labs Pvt Ltd
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 Harson Labs Pvt Ltd
Harson Labs is an active private limited company based in Vadodara, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 26 June 1991 (35+ years old) and is registered under CIN U24231GJ1991PTC015863.
Harson Labs reported revenue of ₹41,378 for FY 2025 (down 98% YoY).
Harson Labs has 3 current directors:
- Bhavesh Chandulal Vora - Director
- Divyesh Chandulal Vora - Director
- Jayesh Chandulal Vora - Director
Harson Labs reported a net loss of ₹1.7 Lakh (net margin -411.1%) and EBITDA of -₹1.65 Lakh (EBITDA margin -399.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Harson Labs is -68% over three years and -64% over five years. In the latest year (FY 2025) revenue fell 98%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Harson Labs is 24AAACH4614E1Z5, registered in Gujarat.
The CIN (Corporate Identification Number) of Harson Labs is U24231GJ1991PTC015863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Harson Labs has 3 court cases on record: 3 filed against it. Most are in the district courts.
Harson Labs was incorporated on 26 June 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Harson Labs by revenue are Phages Pharmaceutical Private Limited, Nutech Formulations Private Limited, Protent Pharma Private Limited, Genesis Labs Limited, Winsome Laboratories Limited and 5 more, all in the Pharma industry (Formulations).
Bhavesh Chandulal Vora was appointed as Director on 26 Jun 1991. Divyesh Chandulal Vora was appointed as Director on 26 Jun 1991. Jayesh Chandulal Vora was appointed as Director on 26 Jun 1991.