MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UK-05-0005642
Hema Laboratories Pvt Ltd - pharma in Wadhwancity, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹152.89 Cr
Latest filing
Net profit · FY 2025
₹9.84 Cr
Net margin 6.4%
EBITDA · FY 2025
₹14.89 Cr
EBITDA margin 9.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹35.97 Lakh
Issued & subscribed
Satisfied charges
₹7.28 Cr
No open charges
Company age
37 yrs
Est. 1989
Employees · EPFO
77
Provident fund records
About Hema Laboratories Pvt Ltd
Data last updated:
Hema Laboratories Pvt Ltd is a private limited company based in Wadhwancity, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 09 January 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24231GJ1989PTC011749. Its GSTIN is 24AAACH5423K1ZR (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹35.97 Lakh. It is led by directors Malhar Abhilashbhai Shah and Abhilash Ashwinbhai Shah.
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 212 GIDC Estate, Wadhwancity, Gujarat, India – 363035.
As per the financials filed for FY 2025, the company reported a revenue of ₹152.89 Cr. For the same year it recorded a net profit of ₹9.84 Cr (net margin 6.4%) and EBITDA of ₹14.89 Cr (EBITDA margin 9.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 10% over five years.
The company has about 77 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Hema Laboratories. As per MCA filings, the company has satisfied charges of ₹7.28 Cr on record. Court records list 14 cases involving the company, including 2 filed by the company and 12 filed against it; 3 cases are pending. The company has 4 deals on record (4 secondary share transfers); the latest was in February 2016. Its 6 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, 5 larger and 1 smaller; the largest is Wings Pharmaceuticals Pvt Ltd with revenue of ₹155.72 Cr. The company has 5 MSME Form 1 returns on record between 2019 and 2021, listing 174 overdue payments to 28 micro and small suppliers.
Hema Laboratories Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UK-05-0005642). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website hemalaboratories.in.
Company details
CIN U24231GJ1989PTC011749
Registration Number 011749
Incorporation Date 09 January 1989
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UK-05-0005642
Recognitions & Rankings of Hema Laboratories
Contact details
Hema Laboratories Pvt Ltd's registered office is in Wadhwancity, Gujarat. Its website is hemalaboratories.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address212 GIDC Estate, Wadhwancity, Gujarat, India – 363035
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Hema Laboratories Pvt Ltd, buy the company report.
Comprehensive company report
Hema Laboratories Pvt Ltd - 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
Hema Laboratories operates one associated brand: Hema Laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical contract manufacturing and production services in India. | hemalaboratories.in |
Business activity
The main business activity of Hema 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 Hema Laboratories Pvt Ltd, buy the company report.
Financials of Hema Laboratories Pvt Ltd
FY 2024 filings availableHema Laboratories Pvt Ltd reported revenue of ₹152.89 Cr for FY 2025.
Revenue · FY 2025
₹152.89 Cr
Net profit · FY 2025
₹9.84 Cr margin 6.4%
EBITDA · FY 2025
₹14.89 Cr margin 9.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 5%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 18%
5 years · compounded
▲ 21%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years. EBITDA fell 16% 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 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 | ₹14.89 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹9.84 Cr | ||||
| 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.7% | ||||
| Net Profit Margin | 6.4% | ||||
| 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 Hema Laboratories Pvt Ltd, buy the company report.
Board of directors of Hema Laboratories Pvt Ltd
Hema Laboratories has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Malhar Abhilashbhai Shah Also directs: Shaurya Projects LLP, Good Goodies Food Private Limited | Director | 11 Jul 2020 | 6 Years 3 Months | Current |
| Abhilash Ashwinbhai Shah | Director | 09 Jan 1989 | 37 Years 9 Months | Current |
Peer comparison
Hema Laboratories Pvt Ltd 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 |
|---|---|---|---|---|---|---|
| Wings Pharmaceuticals Pvt Ltd | ₹155.72 Cr (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Combitic Global Caplet Private Limited | ₹154.55 Cr (FY 2025) | 37.0% | New Delhi, Delhi, India | |||
| Medico Remedies Limited | ₹153.63 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India | |||
| Sanzyme Private Limited | ₹153.25 Cr (FY 2025) | -27.0% | Hyderabad, Telangana, India | |||
| D K Pharma Chem Private Limited | ₹153.13 Cr (FY 2024) | -33.0% | Badlapur, Maharashtra, India | |||
| Hema Laboratories Pvt Ltdthis company | ₹152.89 Cr (FY 2025) | ₹9.84 Cr | 6.4% | 77 | Wadhwancity, Gujarat, India | |
| Leben Laboratories Private Limited | ₹149.37 Cr (FY 2025) | 15.0% | Akola, Maharashtra, India |
To see the full peer comparison of Hema Laboratories Pvt Ltd, buy the company report.
Auditor
Hema Laboratories Pvt Ltd is audited by RMJ & ASSOCIATES LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMJ & ASSOCIATES LLP | FY 2023 | W100281 |
Shareholding
The shareholding of Hema Laboratories Pvt Ltd 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 Hema Laboratories Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹7.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Mar 2015 | 10557770 | Yes Bank Limited | ₹3 Cr | Satisfied | |
| 22 Sep 2011 | 10310416 | Small Industries Development Bank of India | ₹16 Lakh | Satisfied | |
| 01 Jun 2010 | 10225168 | Small Industries Development Bank of India | ₹19.5 Lakh | Satisfied | |
| 22 Apr 2010 | 10222151 | Small Industries Development Bank of India | ₹11.5 Lakh | Satisfied | |
| 05 Jun 2006 | 10007375 | State Bank of India | ₹3.81 Cr | Satisfied |
To see the full charge records of Hema Laboratories Pvt Ltd, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Hema Laboratories Pvt Ltd has 4 deals on record (4 secondary share transfers); the latest was in February 2016.
Total deals
4
Secondary share transfers
4
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Secondary share transfer | Undisclosed | Seller: 2 individuals |
| Feb 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2013 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Hema Laboratories Pvt Ltd has 14 court cases on record: 2 filed by Hema Laboratories, 12 filed against it. 3 cases are pending and 11 are disposed.
Total cases
14
Filed by the company
2
Filed against the company
12
Pending
3
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 12 | 11 | 3 |
| High courts | 1 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed against the company by The State Through Drugs Inspector Shri R.S.Karande | Pending |
| District court, Kurnool, Andhra Pradesh | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Chandrapur, Maharashtra | Court case (Cri.Case) | Filed against the company by State Drugs Inspector Chandrapur | Pending |
| District court, North West, Delhi | Criminal case | Filed against the company by M/S Ausl Pharma | Disposed |
| District court, North West, Delhi | Court case (CS (COMM.)) | Filed against the company by Ausl Pharma | Disposed |
To see the full case history of Hema Laboratories Pvt Ltd, 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
Hema Laboratories Pvt Ltd has 5 MSME Form 1 returns on record between 2019 and 2021, listing 174 overdue payments to 28 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 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Paras Organics Private Limited | |||
| Amber Chemicals | |||
| an individual supplier | |||
| an individual supplier | |||
| Shaivya Packaging Solutions |
To see the full MSME payment records of Hema Laboratories Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Hema Laboratories Pvt Ltd has a workforce of 77 employees on its EPFO records as of Mar 10, 2025, across 1 active EPFO establishment.
Employee count
77
Active EPFO establishments
1
Employee growth
11.59%
GST
Hema Laboratories has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACH5423K1ZR | Gujarat | Active | 01 Jul 2017 |
| 05AAACH5423K1ZR | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Hema Laboratories Pvt Ltd, buy the company report.
Recent activity
Hema Laboratories Pvt Ltd has 5 board changes on record since 1989: 2 appointments and 3 cessations. The latest: Malhar Abhilashbhai Shah was appointed as Director on 11 Jul 2020.
AGM
Hema Laboratories Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Hema Laboratories Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 20 Mar 2015 via Charge ID 10557770 with Yes Bank Limited was fully satisfied on 30 Oct 2021.
Appointed
Malhar Abhilashbhai Shah was appointed as Director.
Ceased
Pinkiben Abhilashbhai Shah ceased to be Additional Director.
Ceased
Malhar Abhilashbhai Shah ceased to be Director.
Ceased
Pravinbhai Nitiray Kharod ceased to be Director.
Charges
A charge registered on 05 Jun 2006 via Charge ID 10007375 with State Bank Of India was fully satisfied on 07 Apr 2015.
Charges
A charge with Yes Bank Limited amounted to Rs. 300.00 Lakh with Charge ID 10557770 was registered on 20 Mar 2015.
Charges
A charge registered on 22 Sep 2011 via Charge ID 10310416 with Small Industries Development Bank Of India was fully satisfied on 28 Jan 2014.
Charges
A charge registered on 01 Jun 2010 via Charge ID 10225168 with Small Industries Development Bank Of India was fully satisfied on 28 Jan 2014.
Charges
A charge registered on 22 Apr 2010 via Charge ID 10222151 with Small Industries Development Bank Of India was fully satisfied on 28 Jan 2014.
9 earlier events are in the company report.
Frequently asked questions
Hema Laboratories is an active private limited company based in Wadhwancity, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 09 January 1989 (37+ years old) and is registered under CIN U24231GJ1989PTC011749.
Hema Laboratories has 2 current directors:
- Malhar Abhilashbhai Shah - Director
- Abhilash Ashwinbhai Shah - Director
The latest financial statements of Hema 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 Hema Laboratories is 24AAACH5423K1ZR, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 05AAACH5423K1ZR (Uttarakhand).
The CIN (Corporate Identification Number) of Hema Laboratories is U24231GJ1989PTC011749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Hema Laboratories has 14 court cases on record: 2 filed by the company and 12 filed against it. 3 are pending. Most are in the district courts.
Hema Laboratories was incorporated on 09 January 1989, making it 37+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Hema Laboratories has 4 deals on record (4 secondary share transfers); the latest was in February 2016.
The peers of Hema Laboratories by revenue are Wings Pharmaceuticals Pvt Ltd, Combitic Global Caplet Private Limited, Medico Remedies Limited, Sanzyme Private Limited, D K Pharma Chem 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).
Malhar Abhilashbhai Shah was appointed as Director on 11 Jul 2020. Pinkiben Abhilashbhai Shah ceased to be Additional Director on 30 Sep 2019. Malhar Abhilashbhai Shah ceased to be Director on 05 Sep 2019. Hema Laboratories has 5 board changes on record in total.
Yes, Hema Laboratories is registered as a medium enterprise under Udyam registration (number: UDYAM-UK-05-0005642).
Hema Laboratories has 5 MSME Form 1 returns on record between 2019 and 2021, listing 174 overdue payments to 28 micro and small suppliers. The latest return was filed on 13 May 2021.
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