About Hazelo Lab Private Limited
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Hazelo Lab Private Limited is a private limited company based in Chityal, Telangana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 13 April 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U24110TG2015PTC098450. Its GSTIN is 36AADCH5946A1ZS (Telangana).
The company has an authorised share capital of ₹5.01 Cr and a paid-up capital of ₹5 Cr. It is led by directors Kesireddy Subhas Chander Reddy and Rapolu Raji Reddy.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sy No.247 & 248 Dothi Gudem (V) B. Pochampally (M), Chityal, Telangana, India – 508284.
As per the financials filed for FY 2024, the company reported a revenue of ₹431.64 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹63.73 Cr (net margin 14.8%) and EBITDA of ₹99.08 Cr (EBITDA margin 23%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 39% over five years.
The company has about 219 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹90 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in October 2017. Its 8 peer companies in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 4 larger and 4 smaller; the largest is Fredun Pharmaceuticals Ltd with revenue of ₹456.27 Cr. The company has 12 MSME Form 1 returns on record between 2018 and 2023, listing 440 overdue payments to 67 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hazelolab.com.
Company details
Contact details
Hazelo Lab Private Limited's registered office is in Chityal, Telangana. Its website is hazelolab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSy No.247 & 248 Dothi Gudem (V) B. Pochampally (M), Chityal, Telangana, India – 508284
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Hazelo Lab 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 Hazelo Lab 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 Hazelo Lab Private Limited, buy the company report.
Financials of Hazelo Lab Private Limited
FY 2024 filings availableHazelo Lab Private Limited reported revenue of ₹431.64 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 3% growth in the latest year. EBITDA fell 44% 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 | ₹99.08 Cr | ||||
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| Net Profit (PAT) | ₹63.73 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 23% | ||||
| Net Profit Margin | 14.8% | ||||
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To see the full financial statements and ratios of Hazelo Lab Private Limited, buy the company report.
Board of directors of Hazelo Lab Private Limited
Hazelo Lab has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kesireddy Subhas Chander Reddy | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
| Rapolu Raji Reddy Also directs: Selmar Lab Private Limited, Dhatri Lab Private Limited | Director | 01 Oct 2018 | 8 Years 0 Months | Current |
Peer comparison
Hazelo Lab Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Fredun Pharmaceuticals Ltd | ₹456.27 Cr (FY 2025) | 31.0% | Mumbai, Maharashtra, India | |||
| Hab Pharmaceuticals and Research Limited | ₹448.72 Cr (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Medispray Laboratories Private Limited | ₹444.46 Cr (FY 2025) | 7.0% | Goa, India | |||
| Copmed Pharmaceuticals Private Limited | ₹437.53 Cr (FY 2025) | -5.0% | New Delhi, Delhi, India | |||
| Hazelo Lab Private Limitedthis company | ₹431.64 Cr (FY 2024) | ₹63.73 Cr | 14.8% | 3.0% | 219 | Chityal, Telangana, India |
| Zydus Hospira Oncology Private Limited | ₹430.96 Cr (FY 2025) | 66.0% | Village Matoda Tal Sanand, Gujarat, India | |||
| Halewood Laboratories Private Limited | ₹430.29 Cr (FY 2025) | 20.0% | Ahmedabad, Gujarat, India | |||
| Milan Laboratories (India) Private Limited | ₹429.23 Cr (FY 2024) | 42.0% | Thane, Maharashtra, India | |||
| Escientia Advanced Sciences Private Limited | ₹423.15 Cr (FY 2024) | 114.0% | Shameerpet, Telangana, India |
To see the full peer comparison of Hazelo Lab Private Limited, buy the company report.
Auditor
Hazelo Lab Private Limited is audited by M V Narayana Reddy & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M V Narayana Reddy & Co | FY 2023 | 002370S |
Shareholding
The shareholding of Hazelo Lab 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Hazelo Lab Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Dec 2024 | 101030065 | Others | ₹20 Cr | Open | |
| 25 Jul 2018 | 100202363 | Others | ₹70 Cr | Open |
To see the full charge records of Hazelo Lab Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Hazelo Lab Private Limited has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in October 2017.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: Honour Lab Limited |
| Jul 2015 | Acquisition | ₹4.9 Cr | Buyer: Honour Lab Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hazelo Lab Private Limited has 2 court cases on record: 2 filed by Hazelo Lab. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed by the company against The Telangana State Pollution Control Board and 2 others | Pending |
| High Court, TELANGANA | Writ petition | Filed by the company against The State of Telangana and 5 others | Disposed |
To see the full case history of Hazelo Lab 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.
Credit ratings & regulatory alerts
Hazelo Lab Private Limited was last rated by Care on 01 Mar 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 01 Mar 2022 |
To see the full credit ratings and regulatory alerts of Hazelo Lab Private Limited, buy the company report.
MSME payment delays
Hazelo Lab Private Limited has 12 MSME Form 1 returns on record between 2018 and 2023, listing 440 overdue payments to 67 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 67)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Reliability Engineering Industries Private Limited |
To see the full MSME payment records of Hazelo Lab Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Hazelo Lab has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Anasia Lab Private Limited | U24304TG2020PTC141061 |
To see the full group structure of Hazelo Lab Private Limited, buy the company report.
Employees & EPFO
Hazelo Lab Private Limited has a workforce of 219 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Hazelo Lab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCH5946A1ZS | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hazelo Lab Private Limited, buy the company report.
Recent activity
Hazelo Lab Private Limited has 7 board changes on record since 2018: 2 appointments and 5 cessations. The latest: Vijaya Bhaskara Reddy Kesari ceased to be Director on 01 Feb 2021.
1 earlier event is in the company report.
Frequently asked questions
Hazelo Lab is an active private limited company based in Chityal, Telangana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 13 April 2015 (11+ years old) and is registered under CIN U24110TG2015PTC098450.
Hazelo Lab has 2 current directors:
- Kesireddy Subhas Chander Reddy - Director
- Rapolu Raji Reddy - Director
The latest financial statements of Hazelo Lab on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Hazelo Lab is 36AADCH5946A1ZS, registered in Telangana.
The CIN (Corporate Identification Number) of Hazelo Lab is U24110TG2015PTC098450. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hazelo Lab has 2 court cases on record: 2 filed by the company. 1 is pending.
Hazelo Lab was incorporated on 13 April 2015, making it 11+ years old. It is registered with the Registrar of Companies, Hyderabad.
Hazelo Lab has 2 deals on record (1 secondary share transfer, 1 acquisition); the latest was in October 2017.
The peers of Hazelo Lab by revenue are Fredun Pharmaceuticals Ltd, Hab Pharmaceuticals and Research Limited, Medispray Laboratories Private Limited, Copmed Pharmaceuticals Private Limited, Zydus Hospira Oncology Private Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Vijaya Bhaskara Reddy Kesari ceased to be Director on 01 Feb 2021. Kesireddy Subhas Chander Reddy ceased to be Additional Director on 28 Sep 2019. Rapolu Raji Reddy ceased to be Additional Director on 28 Sep 2019. Hazelo Lab has 7 board changes on record in total.
Hazelo Lab has 12 MSME Form 1 returns on record between 2018 and 2023, listing 440 overdue payments to 67 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Hazelo Lab can be reached through the website hazelolab.com. Its registered office is in Chityal, Telangana, India.