MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-18-0057419
Lab Systems and Biotech (India) Private Limited - machinery and equipment in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹4.74 Cr
▲ 44% YoY
Net profit · FY 2024
₹8.92 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹20.94 Lakh
EBITDA margin 4.4%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1.5 Lakh
Issued & subscribed
Satisfied charges
₹95 Lakh
No open charges
Company age
24 yrs
Est. 2002
Directors on board
3
As per MCA filings
About Lab Systems and Biotech (India) Private Limited
Data last updated:
Lab Systems and Biotech (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the industrial machinery retail and distribution segment of the machinery and industrial equipment sector. It was incorporated on 28 October 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2002PTC137703. Its GSTIN is 27AAACL8128M1Z5 (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.5 Lakh. It is led by directors including Suhas Prabhakar Kulkarni and Reepal Bipin 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 329 Mastermind IV Royal Palms Aarey Milk Colony Goregaon (East), Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.74 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹8.92 Lakh (net margin 1.9%) and EBITDA of ₹20.94 Lakh (EBITDA margin 4.4%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 2% over five years.
As per MCA filings, the company has satisfied charges of ₹95 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
Lab Systems and Biotech (India) Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0057419). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website labsystems.in.
Company details
CIN U24230MH2002PTC137703
Registration Number 137703
Incorporation Date 28 October 2002
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 Micro
Udyam Registration UDYAM-MH-18-0057419
CIN history
Lab Systems and Biotech (India) has one previous CIN (Corporate Identification Number): U24230MH2004PTC137703. The current CIN is U24230MH2002PTC137703, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230MH2002PTC137703 | Current |
| U24230MH2004PTC137703 | Previous |
Key People
Suhas Prabhakar Kulkarni Director Reepal Bipin Joshi Director Jayendra Bansilal Vakil Director Recognitions & Rankings of Lab Systems and Biotech (India)
Contact details
Lab Systems and Biotech (India) Private Limited's registered office is in Mumbai, Maharashtra. Its website is labsystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address329 Mastermind IV Royal Palms Aarey Milk Colony Goregaon (East), Mumbai, Maharashtra, India – 400065
- IndustryMachinery and Equipment, Industrial Machinery Retail & Distribution
To see the full contact details of Lab Systems and Biotech (India) Private Limited, buy the company report.
Comprehensive company report
Lab Systems and Biotech (India) 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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Business activity
The main business activities of Lab Systems and Biotech (India) are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Lab Systems and Biotech (India) Private Limited, buy the company report.
Financials of Lab Systems and Biotech (India) Private Limited
FY 2025 filings availableLab Systems and Biotech (India) Private Limited reported revenue of ₹4.74 Cr (up 44% YoY) for FY 2024.
Revenue · FY 2024
₹4.74 Cr ▲ 44%
Net profit · FY 2024
₹8.92 Lakh margin 1.9%
EBITDA · FY 2024
₹20.94 Lakh margin 4.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 44%
3 years · compounded
▼ 13%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▲ 115%
3 years · compounded
▼ 11%
5 years · compounded
▼ 2%
Revenue rose 44% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 2%. EBITDA rose 115% 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹20.94 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.92 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | 1.9% | ||||
| 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 Lab Systems and Biotech (India) Private Limited, buy the company report.
Board of directors of Lab Systems and Biotech (India) Private Limited
Lab Systems and Biotech (India) has 3 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suhas Prabhakar Kulkarni Also directs: Forensicavyay Solutions India Private Limited | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Reepal Bipin Joshi | Director | 01 Apr 2005 | 21 Years 7 Months | Current |
| Jayendra Bansilal Vakil | Director | 28 Oct 2002 | 24 Years 0 Months | Current |
Auditor
Lab Systems and Biotech (India) Private Limited is audited by KDS and Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KDS and Co | FY 2023 | 117370W |
Shareholding
The shareholding of Lab Systems and Biotech (India) Private Limited 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 Lab Systems and Biotech (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹95 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jul 2013 | 10439603 | Icici Bank Limited | ₹95 Lakh | Satisfied |
To see the full charge records of Lab Systems and Biotech (India) Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Lab Systems and Biotech (India) Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Court case (M.A.C.P.) | Filed against the company by an individual | Disposed |
To see the full case history of Lab Systems and Biotech (India) 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 Lab Systems and Biotech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Lab Systems and Biotech (India) has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACL8128M1Z5 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Lab Systems and Biotech (India) Private Limited, buy the company report.
Recent activity
Lab Systems and Biotech (India) Private Limited has 3 board changes on record since 2002: 3 appointments. The latest: Reepal Bipin Joshi was appointed as Director on 01 Apr 2005.
AGM
Lab Systems And Biotech (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Lab Systems And Biotech (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Charges
A charge registered on 23 Jul 2013 via Charge ID 10439603 with Icici Bank Limited was fully satisfied on 06 Dec 2018.
Charges
A charge with Icici Bank Limited amounted to Rs. 95.00 Lakh with Charge ID 10439603 was registered on 23 Jul 2013.
Charges
A charge with Icici Bank Limited of Rs. 95.00 Lakh registered on 23 Jul 2013 with Charge ID 10439603 was modified on 23 Jul 2013.
Appointed
Reepal Bipin Joshi was appointed as Director.
Appointed
Suhas Prabhakar Kulkarni was appointed as Director.
Appointed
Jayendra Bansilal Vakil was appointed as Director.
Incorporation
28 Oct 2002
Lab Systems And Biotech (India) Private Limited was registered on 28 Oct 2002 with Roc Mumbai I & aged 24 years 4 days as per MCA records.
Frequently asked questions
Lab Systems and Biotech (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in industrial machinery retail and distribution, within the machinery and equipment industry. It was incorporated on 28 October 2002 (24+ years old) and is registered under CIN U24230MH2002PTC137703.
Lab Systems and Biotech (India) has 3 current directors:
- Suhas Prabhakar Kulkarni - Director
- Reepal Bipin Joshi - Director
- Jayendra Bansilal Vakil - Director
The latest financial statements of Lab Systems and Biotech (India) 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 Lab Systems and Biotech (India) is 27AAACL8128M1Z5, registered in Maharashtra.
The CIN (Corporate Identification Number) of Lab Systems and Biotech (India) is U24230MH2002PTC137703. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Lab Systems and Biotech (India) has 1 court case on record: 1 filed against it.
Lab Systems and Biotech (India) was incorporated on 28 October 2002, making it 24+ years old. It is registered with the Registrar of Companies, Mumbai.
Reepal Bipin Joshi was appointed as Director on 01 Apr 2005. Suhas Prabhakar Kulkarni was appointed as Director on 01 Apr 2005. Jayendra Bansilal Vakil was appointed as Director on 28 Oct 2002.
Yes, Lab Systems and Biotech (India) is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0057419).
Lab Systems and Biotech (India) can be reached through the website labsystems.in. Its registered office is in Mumbai, Maharashtra, India.
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