MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-UP-43-0003135
Honesty Labs Private Limited
Honesty Labs Private Limited - pharma in Kanpur, Uttar Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹68.93 Lakh
▼ 62% YoY
Net loss · FY 2022
₹16.67 Lakh
Net margin -24.2%
EBITDA · FY 2022
₹12.86 Lakh
EBITDA margin 18.7%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Honesty Labs Private Limited
Data last updated:
Honesty Labs Private Limited is a private limited company based in Kanpur, Uttar Pradesh, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 01 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U51909UP2019PTC114317. Its GSTIN is 09AAECH8368K1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Imran Ahmad and Aejaz Ahmad.
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 132/197 Babu Purwa, Kanpur, Uttar Pradesh, India – 208023.
As per the financials filed for FY 2022, the company reported a revenue of ₹68.93 Lakh, a decline of 62% compared to the previous year. For the same year it recorded a net loss of ₹16.67 Lakh (net margin -24.2%) and EBITDA of ₹12.86 Lakh (EBITDA margin 18.7%). Revenue has grown at a compounded annual rate (CAGR) of 344% over three years.
Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 3 cases are pending.
Honesty Labs Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-43-0003135). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51909UP2019PTC114317
Registration Number 114317
Incorporation Date 01 March 2019
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-UP-43-0003135
Key People
Imran Ahmad Director Aejaz Ahmad Director Recognitions & Rankings of Honesty Labs
Contact details
Honesty Labs Private Limited's registered office is in Kanpur, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address132/197 Babu Purwa, Kanpur, Uttar Pradesh, India – 208023
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Honesty Labs Private Limited, buy the company report.
Comprehensive company report
Honesty Labs Private Limited - 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Honesty Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Honesty Labs Private Limited, buy the company report.
Financials of Honesty Labs Private Limited
FY 2025 filings availableHonesty Labs Private Limited reported revenue of ₹68.93 Lakh (down 62% YoY) for FY 2022.
Revenue · FY 2022
₹68.93 Lakh ▼ 62%
Net loss · FY 2022
₹16.67 Lakh margin -24.2%
EBITDA · FY 2022
₹12.86 Lakh margin 18.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 62%
3 years · compounded
▲ 344%
EBITDA CAGR growth
1 year
▲ 278%
Revenue fell 62% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 344%. EBITDA rose 278% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹68.93 Lakh | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹12.86 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹16.67 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
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 18.7% | |||
| Net Profit Margin | -24.2% | |||
| 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 Honesty Labs Private Limited, buy the company report.
Board of directors of Honesty Labs Private Limited
Honesty Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Imran Ahmad | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Aejaz Ahmad Also directs: Medibiosis Pharma Private Limited | Director | 10 Mar 2023 | 3 Years 7 Months | Current |
Auditor
Honesty Labs Private Limited is audited by PRADEEP & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADEEP & ASSOCIATES | FY 2020 | 001254C |
Shareholding
The shareholding of Honesty Labs Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Honesty Labs Private Limited, buy the company report.
Legal cases
Honesty Labs Private Limited has 4 court cases on record: 1 filed by Honesty Labs, 3 filed against it. 3 cases are pending and 1 is disposed.
Total cases
4
Filed by the company
1
Filed against the company
3
Pending
3
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 3 | 3 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Unimarck Pharma India Ltd | Pending |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Unimarck Pharma | Pending |
| District court, Chandigarh | Court case (TA CRL) | Filed by the company against Unimark Pharma India Ltd | Disposed |
To see the full case history of Honesty Labs 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 Honesty Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Honesty Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAECH8368K1ZX | Uttar Pradesh | Active | 15 Mar 2019 |
To see the full GST registrations and return filing status of Honesty Labs Private Limited, buy the company report.
Recent activity
Honesty Labs Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Aejaz Ahmad ceased to be Additional Director on 29 Sep 2023.
AGM
Honesty Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Honesty Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Uttar Pradesh I.
Ceased
Aejaz Ahmad ceased to be Additional Director.
Appointed
Aejaz Ahmad was appointed as Director.
Appointed
Imran Ahmad was appointed as Director.
Appointed
Moid Ahmad was appointed as Director.
Incorporation
01 Mar 2019
Honesty Labs Private Limited was registered on 01 Mar 2019 with Roc Uttar Pradesh I & aged 7 years 7 months as per MCA records.
Frequently asked questions
Honesty Labs is an active private limited company based in Kanpur, Uttar Pradesh, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 01 March 2019 (7+ years old) and is registered under CIN U51909UP2019PTC114317.
Honesty Labs has 2 current directors:
- Imran Ahmad - Director
- Aejaz Ahmad - Director
The latest financial statements of Honesty Labs on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Honesty Labs is 09AAECH8368K1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Honesty Labs is U51909UP2019PTC114317. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Honesty Labs has 4 court cases on record: 1 filed by the company and 3 filed against it. 3 are pending.
Honesty Labs was incorporated on 01 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Aejaz Ahmad ceased to be Additional Director on 29 Sep 2023. Aejaz Ahmad was appointed as Director on 10 Mar 2023. Imran Ahmad was appointed as Director on 01 Mar 2019. Honesty Labs has 4 board changes on record in total.
Yes, Honesty Labs is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-43-0003135).
The registered office of Honesty Labs is at 132197 Babu Purwa, Kanpur, Uttar Pradesh, India – 208023.