MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-TN-02-0042865
Labmate (Asia) Private Limited - healthcare in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹45.59 Cr
▲ 14% YoY
Net profit · FY 2025
₹1.98 Cr
Net margin 4.3%
EBITDA · FY 2025
₹3.13 Cr
EBITDA margin 6.9%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹30.52 Lakh
Issued & subscribed
Open charges
₹2 Cr
Secured borrowings
Company age
34 yrs
Est. 1992
Employees · EPFO
48
Provident fund records
About Labmate (Asia) Private Limited
Data last updated:
Labmate (Asia) Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 29 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U33112TN1992PTC023173. Its GSTIN is 33AAACL5697B1ZN (Tamil Nadu). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹30.52 Lakh. It is led by directors including Viswanathan Subramanian (Whole-Time Director) and Nirmala Viswanathan.
Its last annual general meeting (AGM) was held on 01 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 'C' Block 1st Floor Baid Metacomplex 183 Mount Road Saidapet, Chennai, Tamil Nadu, India – 600015.
As per the financials filed for FY 2025, the company reported a revenue of ₹45.59 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹1.98 Cr (net margin 4.3%) and EBITDA of ₹3.13 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The company has about 48 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2 Cr on record. Court records list 3 cases involving the company, including 3 filed against it.
Labmate (Asia) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0042865). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website labmateasia.com.
Company details
CIN U33112TN1992PTC023173
Registration Number 023173
Incorporation Date 29 July 1992
ROC Chennai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-TN-02-0042865
Key People
Viswanathan Subramanian Whole-Time Director Nirmala Viswanathan Director Jagannathan Thiagarajan Director Recognitions & Rankings of Labmate (Asia)
Contact details
Labmate (Asia) Private Limited's registered office is in Chennai, Tamil Nadu. Its website is labmateasia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address'C' Block 1st Floor Baid Metacomplex 183 Mount Road Saidapet, Chennai, Tamil Nadu, India – 600015
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Labmate (Asia) Private Limited, buy the company report.
Comprehensive company report
Labmate (Asia) 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 activity of Labmate (Asia) 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 Labmate (Asia) Private Limited, buy the company report.
Financials of Labmate (Asia) Private Limited
FY 2025 filings availableLabmate (Asia) Private Limited reported revenue of ₹45.59 Cr (up 14% YoY) for FY 2025.
Revenue · FY 2025
₹45.59 Cr ▲ 14%
Net profit · FY 2025
₹1.98 Cr margin 4.3%
EBITDA · FY 2025
₹3.13 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 12%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 15%
3 years · compounded
▼ 10%
5 years · compounded
▼ 8%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 14% growth in the latest year. EBITDA rose 15% 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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| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.13 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.98 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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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 | 6.9% | ||||
| Net Profit Margin | 4.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Labmate (Asia) Private Limited, buy the company report.
Board of directors of Labmate (Asia) Private Limited
Labmate (Asia) has 3 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 |
|---|---|---|---|---|
| Nirmala Viswanathan | Director | 10 Dec 2010 | 15 Years 11 Months | Current |
| Jagannathan Thiagarajan | Director | 11 Jul 2011 | 15 Years 4 Months | Current |
| Viswanathan Subramanian | Whole-Time Director | 29 Jul 1992 | 34 Years 3 Months | Current |
Auditor
Labmate (Asia) Private Limited is audited by SIVASUBRAMANIAN & RAO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SIVASUBRAMANIAN & RAO | FY 2023 | 003904S |
Shareholding
The shareholding of Labmate (Asia) 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 Labmate (Asia) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jan 2025 | 101051579 | Others | ₹50 Lakh | Open | |
| 20 Dec 2001 | 90281554 | Uco Bank | ₹1.5 Cr | Open |
To see the full charge records of Labmate (Asia) Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Labmate (Asia) Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Total cases
3
Filed against the company
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Writ petition | Filed against the company by Becton Dickinson India Pvt. Ltd., A Company Incorporated | Disposed |
| District court, West, Delhi | Court case (Civ DJ) | Filed against the company by an individual | Disposed |
| District court, Malappuram, Kerala | Civil suit | Filed against the company by The University of Calicut Rep. by the Registrar | Disposed |
To see the full case history of Labmate (Asia) 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 Labmate (Asia) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Labmate (Asia) Private Limited has a workforce of 48 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
48
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 48 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Labmate (Asia) Private Limited, buy the company report.
GST
Labmate (Asia) has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACL5697B1ZN | Tamil Nadu | Active | 01 Jul 2017 |
| 29AAACL5697B2ZB | Karnataka | Active | 23 May 2022 |
To see the full GST registrations and return filing status of Labmate (Asia) Private Limited, buy the company report.
Recent activity
Labmate (Asia) Private Limited has 4 board changes on record since 1992: 3 appointments and 1 cessation. The latest: Jagannathan Thiagarajan was appointed as Director on 11 Jul 2011.
AGM
Labmate (Asia) Private Limited last Annual general meeting of members was held on 01 Aug 2025 as per latest MCA records.
Filing
Labmate (Asia) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with Others amounted to Rs. 50.00 Lakh with Charge ID 101051579 was registered on 31 Jan 2025.
Charges
A charge with Uco Bank of Rs. 150.00 Lakh registered on 20 Dec 2001 with Charge ID 90281554 was modified on 06 Nov 2019.
Appointed
Jagannathan Thiagarajan was appointed as Director.
Ceased
Raghunathan Ramaswamy ceased to be Whole-Time Director.
Appointed
Nirmala Viswanathan was appointed as Director.
Charges
A charge with Uco Bank amounted to Rs. 150.00 Lakh with Charge ID 90281554 was registered on 20 Dec 2001.
Appointed
Viswanathan Subramanian was appointed as Whole-Time Director.
Incorporation
29 Jul 1992
Labmate (Asia) Private Limited was registered on 29 Jul 1992 with Roc Chennai & aged 34 years 3 months as per MCA records.
Frequently asked questions
Labmate (Asia) is an active private limited company based in Chennai, Tamil Nadu, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 29 July 1992 (34+ years old) and is registered under CIN U33112TN1992PTC023173.
Labmate (Asia) has 3 current directors:
- Viswanathan Subramanian - Whole-Time Director
- Nirmala Viswanathan - Director
- Jagannathan Thiagarajan - Director
The latest financial statements of Labmate (Asia) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 01 August 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Labmate (Asia) is 33AAACL5697B1ZN, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 29AAACL5697B2ZB (Karnataka).
The CIN (Corporate Identification Number) of Labmate (Asia) is U33112TN1992PTC023173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Labmate (Asia) has 3 court cases on record: 3 filed against it. Most are in the district courts.
Labmate (Asia) was incorporated on 29 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Jagannathan Thiagarajan was appointed as Director on 11 Jul 2011. Raghunathan Ramaswamy ceased to be Whole-Time Director on 28 Feb 2011. Nirmala Viswanathan was appointed as Director on 10 Dec 2010. Labmate (Asia) has 4 board changes on record in total.
Yes, Labmate (Asia) is registered as a small enterprise under Udyam registration (number: UDYAM-TN-02-0042865).
Labmate (Asia) can be reached through the website labmateasia.com. Its registered office is in Chennai, Tamil Nadu, India.
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