- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0028259

About Idrs Labs Private Limited
Data last updated:
Idrs Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 23 October 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2012PTC080472. Its GSTIN is 29AADCI0719C1ZX (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹35 Lakh and a paid-up capital of ₹31.21 Lakh. It is led by directors including Shivkumar Vijaykumar Madki and Mahendra Joshi.
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 No. 235 – H Phase 3 Bommasandra Industrial Area Hosur Road, Bangalore, Karnataka, India – 560099.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.72 Cr, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹6.25 Cr (net margin -45.5%) and EBITDA of -₹1.27 Cr (EBITDA margin -9.3%). Revenue has declined at a compounded annual rate (CAGR) of 45% over three years and 8% over five years.
The company has about 80 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Idrslabs. As per MCA filings, the company has open charges of ₹10.03 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2018. Its 3 peer companies in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development) are compared by revenue, 3 larger; the largest is Appcure Labs Private Limited with revenue of ₹23.08 Cr. The company has 3 MSME Form 1 returns on record between 2019 and 2024, listing 89 overdue payments to 23 micro and small suppliers.
Idrs Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0028259). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website idrslabs.com.
Company details
CIN history
Idrs Labs has one previous CIN (Corporate Identification Number): U74900TG2012PTC083793. The current CIN is U74900KA2012PTC080472, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900KA2012PTC080472 | Current |
| U74900TG2012PTC083793 | Previous |
Recognitions & Rankings of Idrs Labs
Contact details
Idrs Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is idrslabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo. 235 – H Phase 3 Bommasandra Industrial Area Hosur Road, Bangalore, Karnataka, India – 560099
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Idrs Labs 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
Brands
Idrs Labs operates one associated brand: Idrslabs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of clinical and formulation development services | idrslabs.com |
Business activity
The main business activity of Idrs Labs is professional, scientific and technical. In detail, this covers scientific research and development.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M5 | Scientific research and development |
To see the full business activity and turnover split of Idrs Labs Private Limited, buy the company report.
Financials of Idrs Labs Private Limited
FY 2025 filings availableIdrs Labs Private Limited reported revenue of ₹13.72 Cr (down 37% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 37% fall 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 |
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| EBITDA | -₹1.27 Cr | ||||
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| Net Profit (PAT) | -₹6.25 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -9.3% | ||||
| Net Profit Margin | -45.5% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Idrs Labs Private Limited, buy the company report.
Board of directors of Idrs Labs Private Limited
Idrs Labs has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shivkumar Vijaykumar Madki | Director | 01 May 2013 | 13 Years 6 Months | Current |
| Mahendra Joshi | Director | 01 May 2013 | 13 Years 6 Months | Current |
| Bhawarlal Also directs: DRL Generics-1 Private Limited, Mahaveer Medichem Private Limited | Additional Director | 24 Oct 2024 | 2 Years 0 Months | Current |
| Kavitha Paramesh Also directs: Pinpoint Energy K1 Private Limited, Turntide Technologies Private Limited, Ecoflection Private Limited and 2 more | Additional Director | 24 Oct 2024 | 2 Years 0 Months | Current |
| Yogesh Bhandari Also directs: DRL Generics-1 Private Limited, Moksh Enterprises Private Limited | Director | 01 May 2013 | 13 Years 6 Months | Current |
Peer comparison
Idrs Labs Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Appcure Labs Private Limited | ₹23.08 Cr (FY 2025) | 41.0% | Hyderabad, Telangana, India | |||
| Fusion Scientific Laboratories Private Limited | ₹22.31 Cr (FY 2024) | 79.0% | Navi Mumbai, Maharashtra, India | |||
| Dr.Reddy's Institute of Life Sciences | ₹22.14 Cr (FY 2025) | 30.0% | Hydererabad, Telangana, India | |||
| Idrs Labs Private Limitedthis company | ₹13.72 Cr (FY 2025) | -₹6.25 Cr | -45.5% | -37.0% | 80 | Bangalore, Karnataka, India |
To see the full peer comparison of Idrs Labs Private Limited, buy the company report.
Auditor
Idrs Labs Private Limited is audited by Sarika Jain for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sarika Jain | FY 2024 | 525024 |
Shareholding
The shareholding of Idrs Labs Private Limited is on record for 5 financial years, the latest being FY 2025, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Idrs Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Oct 2020 | 100403889 | Others | ₹16.73 Lakh | Open | |
| 31 Oct 2019 | 100301514 | Others | ₹88.2 Lakh | Open | |
| 14 Jun 2018 | 100188159 | Others | ₹2.4 Cr | Open | |
| 22 Mar 2017 | 100091291 | Axis Bank Limited | ₹4.6 Cr | Open | |
| 02 Jul 2014 | 10530345 | Siemens Financial Services Private Limited | ₹90.44 Lakh | Open |
To see the full charge records of Idrs Labs Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Idrs Labs Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2018.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Sep 2015 | Funding round | ₹20 Lakh | Investors: an individual |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Idrs Labs Private Limited has 1 court case on record: 1 filed by Idrs Labs. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Tax appeal | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
To see the full case history of Idrs 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
Idrs Labs Private Limited has 3 MSME Form 1 returns on record between 2019 and 2024, listing 89 overdue payments to 23 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 23)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Pristine Scientific | |||
| C.Abhhykumar & Co | |||
| Anant Pharmaceuticals Private Limited | |||
| Innovative Speciality Ingredients Private Limited | |||
| Pacific Tools Private Limited |
To see the full MSME payment records of Idrs Labs Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Idrs Labs Private Limited has a workforce of 80 employees on its EPFO records as of Dec 03, 2025, across 1 active EPFO establishment.
GST
Idrs Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCI0719C1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Idrs Labs Private Limited, buy the company report.
Recent activity
Idrs Labs Private Limited has 11 board changes on record since 2013: 5 appointments and 6 cessations. The latest: Bhawarlal was appointed as Additional Director on 24 Oct 2024.
9 earlier events are in the company report.
Frequently asked questions
Idrs Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 23 October 2012 (14+ years old) and is registered under CIN U74900KA2012PTC080472.
Idrs Labs has 5 current directors:
- Shivkumar Vijaykumar Madki - Director
- Mahendra Joshi - Director
- Bhawarlal - Additional Director
- Kavitha Paramesh - Additional Director
- Yogesh Bhandari - Director
The latest financial statements of Idrs 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 2015 are in the company report.
The GSTIN of Idrs Labs is 29AADCI0719C1ZX, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Idrs Labs is U74900KA2012PTC080472. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Idrs Labs has 1 court case on record: 1 filed by the company.
Idrs Labs was incorporated on 23 October 2012, making it 14+ years old. It is registered with the Registrar of Companies, Bangalore.
Idrs Labs has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹20 Lakh; the latest was in September 2018.
The peers of Idrs Labs by revenue are Appcure Labs Private Limited, Fusion Scientific Laboratories Private Limited, Dr.Reddy's Institute of Life Sciences, all in the Pharma industry (Contract Research), with the same principal business activity (scientific research and development).
Bhawarlal was appointed as Additional Director on 24 Oct 2024. Kavitha Paramesh was appointed as Additional Director on 24 Oct 2024. Pradeep Karatgi ceased to be Director on 25 Aug 2020. Idrs Labs has 11 board changes on record in total.
Yes, Idrs Labs is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0028259).
Idrs Labs has 3 MSME Form 1 returns on record between 2019 and 2024, listing 89 overdue payments to 23 micro and small suppliers. The latest return was filed on 29 Apr 2024.

