MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-33-0052317
Labguard India Private Limited - consumer electronics & durables in Navi Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹61.9 Cr
▲ 17% YoY
Net profit · FY 2024
₹3.92 Lakh
Net margin 0.1%
EBITDA · FY 2024
₹2.8 Cr
EBITDA margin 4.5%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹46.96 Cr
Satisfied ₹3.43 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
205
Provident fund records
About Labguard India Private Limited
Data last updated:
Labguard India Private Limited is a private limited company based in Navi Mumbai, Maharashtra, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 21 September 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24239MH2006PTC164816. Its GSTIN is 27AABCL2724J1ZK (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors including Salil Prakash Sansare and Prakash Sitaram Sansare.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sector 4, Navi Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.9 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹3.92 Lakh (net margin 0.1%) and EBITDA of ₹2.8 Cr (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 18% over five years.
The company has about 205 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Labguard and LabGuard. As per MCA filings, the company has open charges of ₹46.96 Cr and satisfied charges of ₹3.43 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in July 2010. The company has 5 MSME Form 1 returns on record between 2019 and 2023, listing 37 overdue payments to 14 micro and small suppliers.
Labguard India Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0052317). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website labguard.in.
Company details
CIN U24239MH2006PTC164816
Registration Number 164816
Incorporation Date 21 September 2006
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-33-0052317
Key People
Salil Prakash Sansare Director Prakash Sitaram Sansare Director Smita Prakash Sansare Director Recognitions & Rankings of Labguard India
Contact details
Labguard India Private Limited's registered office is in Navi Mumbai, Maharashtra. Its website is labguard.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressM – 6/7 & O – 1 Neighbourhood Complex Near Sbi Branch Sector 4 Off Plam Beach Road N, Erul (W), Navi Mumbai, Maharashtra, India – 400706
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Labguard India Private Limited, buy the company report.
Comprehensive company report
Labguard 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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Brands
Labguard India operates two associated brands: Labguard and LabGuard. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| labguard.in | ||
| Manufacturing of laboratory fume hoods and furniture in India. | labguard.biz |
Business activity
The main business activity of Labguard India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| 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 |
To see the full business activity and turnover split of Labguard India Private Limited, buy the company report.
Financials of Labguard India Private Limited
FY 2024 filings availableLabguard India Private Limited reported revenue of ₹61.9 Cr (up 17% YoY) for FY 2024.
Revenue · FY 2024
₹61.9 Cr ▲ 17%
Net profit · FY 2024
₹3.92 Lakh margin 0.1%
EBITDA · FY 2024
₹2.8 Cr margin 4.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 17%
3 years · compounded
▲ 41%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 14%
5 years · compounded
▲ 7%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 17% growth in the latest year. EBITDA rose 6% 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 | ₹2.8 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.92 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 | 4.5% | ||||
| Net Profit Margin | 0.1% | ||||
| 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 Labguard India Private Limited, buy the company report.
Board of directors of Labguard India Private Limited
Labguard India has 3 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 |
|---|---|---|---|---|
| Salil Prakash Sansare Also directs: Sciencebydesign Labsystems (India) Private Limited | Director | 01 Apr 2021 | 5 Years 6 Months | Current |
| Prakash Sitaram Sansare | Director | 21 Sep 2006 | 20 Years 1 Months | Current |
| Smita Prakash Sansare | Director | 30 Mar 2015 | 11 Years 7 Months | Current |
Auditor
Labguard India Private Limited is audited by S K Y G D P & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K Y G D P & ASSOCIATES | FY 2023 | 102571W |
Shareholding
The shareholding of Labguard 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Labguard India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹46.96 Cr
Satisfied charges
₹3.43 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Mar 2022 | 100560806 | Axis Bank Limited | ₹81.5 Lakh | Open | |
| 18 Sep 2020 | 100388943 | Axis Bank Limited | ₹1.55 Cr | Open | |
| 05 Apr 2019 | 100271834 | Others | ₹5 Lakh | Open | |
| 27 Sep 2018 | 100212128 | Others | ₹12.22 Cr | Open | |
| 18 Aug 2017 | 100135155 | Axis Bank Limited | ₹21.06 Cr | Open |
To see the full charge records of Labguard India Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Labguard India Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in July 2010.
Total deals
1
Funding round
1
Disclosed funding
₹24 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2010 | Funding round | ₹24 Lakh | Investors: 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Labguard India Private Limited has 4 court cases on record: 3 filed by Labguard India, 1 filed against it. 1 case is pending and 3 are disposed.
Total cases
4
Filed by the company
3
Filed against the company
1
Pending
1
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
| High courts | 2 | 1 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Company petition | Filed by the company against Iol Chemicals & Pharmaceuticals Ltd | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Pavan Drugs and Chemicals Pvt.Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by M/S. Badri Rai and Co and Ors Through Ajay Kumar Rai M.P. | Pending |
| District court, Raigad, Maharashtra | Criminal miscellaneous application | Filed by the company against State Through Pen Police Station | Disposed |
To see the full case history of Labguard 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
Labguard India Private Limited has 5 MSME Form 1 returns on record between 2019 and 2023, listing 37 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 |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Ebco Private Limited | |||
| Bhatia Glass Tuff Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Labguard India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Labguard India Private Limited has a workforce of 205 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
Employee count
205
Active EPFO establishments
1
Employee growth
7.89%
GST
Labguard India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCL2724J1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Labguard India Private Limited, buy the company report.
Recent activity
Labguard India Private Limited has 5 board changes on record since 2006: 3 appointments and 2 cessations. The latest: Salil Prakash Sansare ceased to be Additional Director on 30 Dec 2021.
Charges
A charge with Axis Bank Limited of Rs. 2,106.00 Lakh registered on 18 Aug 2017 with Charge ID 100135155 was modified on 03 Mar 2025.
AGM
Labguard India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Labguard India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Charges
A charge with Axis Bank Limited of Rs. 81.50 Lakh registered on 29 Mar 2022 with Charge ID 100560806 was modified on 18 May 2022.
Charges
A charge with Axis Bank Limited amounted to Rs. 81.50 Lakh with Charge ID 100560806 was registered on 29 Mar 2022.
Ceased
Salil Prakash Sansare ceased to be Additional Director.
Appointed
Salil Prakash Sansare was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 155.00 Lakh registered on 18 Sep 2020 with Charge ID 100388943 was modified on 14 Dec 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 155.00 Lakh with Charge ID 100388943 was registered on 18 Sep 2020.
Charges
A charge with Others amounted to Rs. 5.00 Lakh with Charge ID 100271834 was registered on 05 Apr 2019.
Charges
A charge with Others amounted to Rs. 1,221.50 Lakh with Charge ID 100212128 was registered on 27 Sep 2018.
Charges
A charge with Axis Bank Limited amounted to Rs. 2,106.00 Lakh with Charge ID 100135155 was registered on 18 Aug 2017.
27 earlier events are in the company report.
Frequently asked questions
Labguard India is an active private limited company based in Navi Mumbai, Maharashtra, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 21 September 2006 (20+ years old) and is registered under CIN U24239MH2006PTC164816.
Labguard India has 3 current directors:
- Salil Prakash Sansare - Director
- Prakash Sitaram Sansare - Director
- Smita Prakash Sansare - Director
The latest financial statements of Labguard India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Labguard India is 27AABCL2724J1ZK, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Labguard India is U24239MH2006PTC164816. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Labguard India has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending. Most are in the district courts.
Labguard India was incorporated on 21 September 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Labguard India has 1 deal on record (1 funding round), with disclosed funding of ₹24 Lakh; the latest was in July 2010.
Salil Prakash Sansare ceased to be Additional Director on 30 Dec 2021. Salil Prakash Sansare was appointed as Director on 01 Apr 2021. Smita Prakash Sansare ceased to be Additional Director on 30 Sep 2015. Labguard India has 5 board changes on record in total.
Yes, Labguard India is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-33-0052317).
Labguard India has 5 MSME Form 1 returns on record between 2019 and 2023, listing 37 overdue payments to 14 micro and small suppliers. The latest return was filed on 30 Aug 2023.
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