About Kanad Labs Private Limited
Data last updated:
Kanad Labs Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 November 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2002PTC138026. Its GSTIN is 27AACCK2461L1ZE (Maharashtra).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors including Girish Sharad Borale and Ajay Prabhakar Patinge.
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 Nagpur, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.63 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹11.24 Lakh (net margin 1.3%) and EBITDA of ₹25.61 Lakh (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 8% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Kanad Labs. As per MCA filings, the company has open charges of ₹1.84 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website kanadlabs.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressPlot No. R – 4 Kamal Nagar, Amraoti Rd Wadi, Nagpur, Maharashtra, India – 440026
- IndustryPharma, Drug Formulation & Development, Pharmaceutical Retailers & Distributors
- 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 Kanad Labs Private Limited
The main business activity of Kanad Labs is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale and retail trade and repair of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 45 | Wholesale and retail trade and repair of motor vehicles and motorcycles | 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 Kanad Labs Private Limited FY 2025 filings available
Kanad Labs Private Limited reported revenue of ₹8.63 Cr (up 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Kanad Labs Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 8% over five years, including 6% growth in the latest year. EBITDA rose 3% 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 Kanad Labs Private Limited
| 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 | ₹25.61 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.24 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 Kanad Labs Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.3% | •••• | •••• | •••• | •••• |
| 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 Kanad 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 Kanad Labs Private Limited
Kanad Labs Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations, Pharma Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Waxsen Lifescience Private Limited | ₹8.64 Cr (FY 2019) | •••• | •••• | -50.0% | •••• | Mumbai, Maharashtra, India |
| Prajna Generics Private Limited | ₹8.64 Cr (FY 2022) | •••• | •••• | 3.0% | •••• | Quthubullapur Mandal, Telangana, India |
| MSK Pharmaceuticals Private Limited | ₹8.64 Cr (FY 2025) | •••• | •••• | 55.0% | •••• | Saraipali, Chattisgarh, India |
| Apogen Remedies Private Limited | ₹8.63 Cr (FY 2025) | •••• | •••• | -35.0% | •••• | Siddipet, Telangana, India |
| Nansika Enterprises Private Limited | ₹8.63 Cr (FY 2025) | •••• | •••• | 2148.0% | •••• | New Delhi, Delhi, India |
| Kanad Labs Private Limited this company | ₹8.63 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Nagpur, Maharashtra, India |
| Urihk Pharmaceutical Private Limited | ₹8.62 Cr (FY 2025) | •••• | •••• | -19.0% | •••• | Mumbai, Maharashtra, India |
| Sadanjana Pharma Private Limited | ₹8.61 Cr (FY 2024) | •••• | •••• | 70.0% | •••• | Hyderabad, Telangana, India |
| Srikar Chem & Pharma India Private Limited | ₹8.6 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Hyderabad, Telangana, India |
| Zahidi Pharmaceuticals Private Limited | ₹8.6 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Umbergaon, Gujarat, India |
| Kaizen Research Labs India Private Limited | ₹8.6 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Kanad Labs by revenue in the Pharma industry (Formulations, Pharma Retail and Distribution), 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 Kanad Labs Private Limited
Kanad Labs Private Limited is audited by SHRIDHAR DESAI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SHRIDHAR DESAI AND ASSOCIATES | 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 Kanad Labs Private Limited
Kanad Labs has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Girish Sharad Borale | Director | 28 Nov 2002 | 23 Years 10 Months | Current |
| Ajay Prabhakar Patinge | Director | 02 Dec 2003 | 22 Years 10 Months | Current |
| Girish Bhalchandra Waranashiwar | Director | 13 Jan 2007 | 19 Years 8 Months | Current |
Ownership and Shareholding of Kanad Labs Private Limited
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 Kanad Labs Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Aug 2022 | Hdfc Bank Limited | ₹7.19 Lakh | Open |
| 25 May 2022 | Hdfc Bank Limited | ₹12.49 Lakh | Open |
| 04 May 2022 | Hdfc Bank Limited | ₹12.49 Lakh | Open |
| 26 May 2016 | Others | ₹7.8 Lakh | Open |
| 16 May 2014 | Icici Bank Limited | ₹43.75 Lakh | Open |
Total charge records: 6 View all charges
Legal Cases of Kanad Labs Private Limited
Kanad Labs Private Limited has 1 court case on record: 1 filed by Kanad Labs. All case is pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 1 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.
MSME Payment Delays by Kanad Labs Private Limited
Kanad Labs Private Limited has 2 MSME Form 1 returns on record between 2019 and 2021, listing 18 overdue payments to 14 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 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Jips Pharmaceuticals Private Limited | •••• | •••• | •••• |
| Perennial Medicare | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Unimarck Healthcare Limited | •••• | •••• | •••• |
| Asoj Soft Caps Pvt Ltd | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Kanad Labs Private Limited
Kanad Labs operates one associated brand: Kanad Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Pharmaceutical manufacturing and health services focused on quality and cost effectiveness in India. | kanadlabs.com |
Employees and EPFO Compliance at Kanad Labs Private Limited
Kanad Labs Private Limited has a workforce of 44 employees as of Apr 06, 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 Kanad Labs Private Limited
Kanad Labs Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Girish Bhalchandra Waranashiwar was appointed as Director on 13 Jan 2007.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Kanad Labs Private Limited
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.
Subsidiaries & Group Companies of Kanad Labs Private Limited
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 Kanad Labs Private Limited
Kanad Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK2461L1ZE | Maharashtra | 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 Kanad Labs Private Limited
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 Kanad Labs Private Limited
Kanad Labs is an active private limited company based in Nagpur, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 November 2002 (24+ years old) and is registered under CIN U24230MH2002PTC138026.
Kanad Labs reported revenue of ₹8.63 Cr for FY 2025 (up 6% YoY).
Kanad Labs has 3 current directors:
- Girish Sharad Borale - Director
- Ajay Prabhakar Patinge - Director
- Girish Bhalchandra Waranashiwar - Director
Kanad Labs reported a net profit of ₹11.24 Lakh (net margin 1.3%) and EBITDA of ₹25.61 Lakh (EBITDA margin 3%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Kanad Labs is 10% over three years and 8% over five years. In the latest year (FY 2025) revenue rose 6%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Kanad Labs is 27AACCK2461L1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Kanad Labs is U24230MH2002PTC138026. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Kanad Labs has 1 court case on record: 1 filed by the company. 1 is pending.
Kanad Labs was incorporated on 28 November 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Kanad Labs by revenue are Waxsen Lifescience Private Limited, Prajna Generics Private Limited, MSK Pharmaceuticals Private Limited, Apogen Remedies Private Limited, Nansika Enterprises Private Limited and 5 more, all in the Pharma industry (Formulations, Pharma Retail and Distribution).
Girish Bhalchandra Waranashiwar was appointed as Director on 13 Jan 2007. Ajay Prabhakar Patinge was appointed as Director on 02 Dec 2003. Girish Sharad Borale was appointed as Director on 28 Nov 2002.
Kanad Labs has 2 MSME Form 1 returns on record between 2019 and 2021, listing 18 overdue payments to 14 micro and small suppliers. The latest return was filed on 20 Apr 2021.