MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0020260
Karandikar Laboratories Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹18.09 Cr
Latest filing
Net profit · FY 2024
₹1.59 Cr
Net margin 8.8%
EBITDA · FY 2024
₹7.03 Cr
EBITDA margin 38.9%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹18.1 Lakh
Issued & subscribed
Open charges
₹9.78 Cr
Satisfied ₹30 Lakh
Company age
22 yrs
Est. 2004
Employees · EPFO
60
Provident fund records
About Karandikar Laboratories Private Limited
Data last updated:
Karandikar Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial testing and measurement equipment segment of the machinery and industrial equipment sector. It was incorporated on 12 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U33125MH2004PTC145610. Its GSTIN is 27AACCK3624K1ZH (Maharashtra).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹18.1 Lakh. It is led by directors including Geeta Ajit Karandikar and Ravindra Keshav Paranjpe.
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 B – 101 Ansa Industrial Estate Saki Vihar Road Andheri (East), Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2024, the company reported a revenue of ₹18.09 Cr. For the same year it recorded a net profit of ₹1.59 Cr (net margin 8.8%) and EBITDA of ₹7.03 Cr (EBITDA margin 38.9%). Revenue has grown at a compounded annual rate (CAGR) of 39% over three years and 16% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: KLPL. As per MCA filings, the company has open charges of ₹9.78 Cr and satisfied charges of ₹30 Lakh on record. The company has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹51 Lakh; the latest was in September 2018.
Karandikar Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0020260). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website karandikarlab.com.
Company details
CIN U33125MH2004PTC145610
Registration Number 145610
Incorporation Date 12 April 2004
ROC Mumbai
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 Small
Udyam Registration UDYAM-MH-18-0020260
Key People
Geeta Ajit Karandikar Director Ravindra Keshav Paranjpe Director Prakash Vasudeo Karandikar Director Recognitions & Rankings of Karandikar Laboratories
Contact details
Karandikar Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is karandikarlab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 101 Ansa Industrial Estate Saki Vihar Road Andheri (East), Mumbai, Maharashtra, India – 400072
- IndustryMachinery and Equipment, Industrial Testing & Measurement Equipment
To see the full contact details of Karandikar Laboratories Private Limited, buy the company report.
Comprehensive company report
Karandikar Laboratories 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
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Brands
Karandikar Laboratories operates one associated brand: KLPL. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Services in testing, certification, training, and inspections for electrical and electronic products in hazardous environments. | karandikarlab.com |
Financials of Karandikar Laboratories Private Limited
FY 2025 filings availableKarandikar Laboratories Private Limited reported revenue of ₹18.09 Cr for FY 2024.
Revenue · FY 2024
₹18.09 Cr
Net profit · FY 2024
₹1.59 Cr margin 8.8%
EBITDA · FY 2024
₹7.03 Cr margin 38.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
3 years · compounded
▲ 39%
5 years · compounded
▲ 16%
EBITDA CAGR growth
3 years · compounded
▲ 68%
5 years · compounded
▲ 16%
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years. 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹18.09 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹7.03 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.59 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 38.9% | ||||
| Net Profit Margin | 8.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Karandikar Laboratories Private Limited, buy the company report.
Board of directors of Karandikar Laboratories Private Limited
Karandikar Laboratories has 6 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Geeta Ajit Karandikar | Director | 12 Apr 2004 | 22 Years 6 Months | Current |
| Ravindra Keshav Paranjpe | Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Prakash Vasudeo Karandikar | Director | 12 Apr 2004 | 22 Years 6 Months | Current |
| Shishir Ajit Karandikar | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
| Vikram Ravindra Paranjpe | Director | 03 Aug 2021 | 5 Years 2 Months | Current |
| Ajit Vasudev Karandikar | Director | 12 Apr 2004 | 22 Years 6 Months | Current |
Auditor
Karandikar Laboratories Private Limited is audited by Mukund M Chitale & Co for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Mukund M Chitale & Co | FY 2024 | 106655W |
Shareholding
The shareholding of Karandikar Laboratories Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Karandikar Laboratories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹9.78 Cr
Satisfied charges
₹30 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Feb 2015 | 10553405 | Others | ₹5.4 Cr | Open | |
| 01 Jun 2012 | 10358527 | The Kalyan Janata Sahakari Bank Ltd | ₹52.75 Lakh | Open | |
| 09 Apr 2011 | 10282690 | The Kalyan Janata Sahakari Bank Ltd. | ₹45 Lakh | Open | |
| 29 Nov 2008 | 10134384 | The Kalyan Janata Sahakari Bank Ltd | ₹34 Lakh | Open | |
| 29 Nov 2008 | 10134386 | The Kalyan Janata Sahakari Bank Limited | ₹3.07 Cr | Open |
To see the full charge records of Karandikar Laboratories Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Karandikar Laboratories Private Limited has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹51 Lakh; the latest was in September 2018.
Total deals
6
Funding rounds
3
Secondary share transfers
3
Disclosed funding
₹51 Lakh
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: 2 individuals |
| Mar 2018 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2014 | Funding round | ₹7 Lakh | Investors: 2 individuals |
| Oct 2012 | Funding round | ₹34 Lakh | Investors: 4 individuals |
| Mar 2008 | Funding round | ₹10 Lakh | Investors: 4 individuals |
To see the full deal history of Karandikar Laboratories Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Karandikar Laboratories Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Karandikar Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Karandikar Laboratories Private Limited has a workforce of 60 employees on its EPFO records as of Feb 04, 2026, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
1.69%
GST
Karandikar Laboratories has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCK3624K1ZH | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Karandikar Laboratories Private Limited, buy the company report.
Recent activity
Karandikar Laboratories Private Limited has 7 board changes on record since 2004: 6 appointments and 1 cessation. The latest: Shishir Ajit Karandikar was appointed as Director on 03 Aug 2021.
AGM
Karandikar Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Karandikar Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Shishir Ajit Karandikar was appointed as Director.
Appointed
Vikram Ravindra Paranjpe was appointed as Director.
Ceased
Dilip Vasudeo Karandikar ceased to be Director.
Charges
A charge with Others of Rs. 539.50 Lakh registered on 07 Feb 2015 with Charge ID 10553405 was modified on 19 May 2017.
Charges
A charge with Others amounted to Rs. 539.50 Lakh with Charge ID 10553405 was registered on 07 Feb 2015.
Charges
A charge with The Kalyan Janata Sahakari Bank Limited of Rs. 306.50 Lakh registered on 29 Nov 2008 with Charge ID 10134386 was modified on 07 Aug 2013.
Appointed
Ravindra Keshav Paranjpe was appointed as Director.
Charges
A charge with The Kalyan Janata Sahakari Bank Ltd amounted to Rs. 52.75 Lakh with Charge ID 10358527 was registered on 01 Jun 2012.
Charges
A charge registered on 18 Mar 2009 via Charge ID 10155785 with The Dahanu Road Janta Co-Operative Bank Limited was fully satisfied on 16 Dec 2011.
Charges
A charge with The Kalyan Janata Sahakari Bank Ltd. amounted to Rs. 45.00 Lakh with Charge ID 10282690 was registered on 09 Apr 2011.
7 earlier events are in the company report.
Frequently asked questions
Karandikar Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial testing and measurement equipment, within the machinery and equipment industry. It was incorporated on 12 April 2004 (22+ years old) and is registered under CIN U33125MH2004PTC145610.
Karandikar Laboratories has 6 current directors:
- Geeta Ajit Karandikar - Director
- Ravindra Keshav Paranjpe - Director
- Prakash Vasudeo Karandikar - Director
- Shishir Ajit Karandikar - Director
- Vikram Ravindra Paranjpe - Director
- Ajit Vasudev Karandikar - Director
The latest financial statements of Karandikar Laboratories 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 Karandikar Laboratories is 27AACCK3624K1ZH, registered in Maharashtra.
The CIN (Corporate Identification Number) of Karandikar Laboratories is U33125MH2004PTC145610. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Karandikar Laboratories was incorporated on 12 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Karandikar Laboratories has 6 deals on record (3 funding rounds, 3 secondary share transfers), with disclosed funding of ₹51 Lakh; the latest was in September 2018.
Shishir Ajit Karandikar was appointed as Director on 03 Aug 2021. Vikram Ravindra Paranjpe was appointed as Director on 03 Aug 2021. Dilip Vasudeo Karandikar ceased to be Director on 22 Sep 2018. Karandikar Laboratories has 7 board changes on record in total.
Yes, Karandikar Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0020260).
Karandikar Laboratories can be reached through the website karandikarlab.com. Its registered office is in Mumbai, Maharashtra, India.