About Let's Evolve Life Private Limited
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Let's Evolve Life Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 06 May 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2021PTC360022. Its GSTIN is 27AAECL6089K1ZX (Maharashtra).
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Mehul Chandrakant Shah and Jeevika Hemant Gupta.
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 Shop 4 Flrgrd Plotcsno207/208 A Vrindavan Chs Sasmira Marg Rehab Bldg Worli, Mumbai, Maharashtra, India – 400030.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.12 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹1.02 Cr (net margin 12.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 18.3%).
The company has about 12 employees on its provident fund (EPFO) records.
For more details, the company can be reached via its website letsevolvelife.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressShop 4 Flrgrd Plotcsno207/208 A Vrindavan Chs Sasmira Marg Rehab Bldg Worli, Mumbai, Maharashtra, India – 400030
- IndustryPharma, Pharma Contract R&D
- 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 Let's Evolve Life Private Limited
The main business activity of Let's Evolve Life is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | 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 Let's Evolve Life Private Limited FY 2024 filings available
Let's Evolve Life Private Limited reported revenue of ₹8.12 Cr (down 25% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Let's Evolve Life Private Limited
Revenue fell 25% in the latest year. EBITDA fell 39% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Let's Evolve Life Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| 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 | ₹1.49 Cr | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.02 Cr | •••• | •••• |
| 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 Let's Evolve Life Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 18.3% | •••• | •••• |
| Net Profit Margin | 12.6% | •••• | •••• |
| 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 Let's Evolve Life are in the company report.
Financial statements from FY 2022
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 Let's Evolve Life Private Limited
Let's Evolve Life Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Contract Research). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cologenesis Healthcare Private Limited | •••• | •••• | •••• | •••• | 12 | Salem, Tamil Nadu, India |
| Indivirtus Healthcare Services Private Limited | •••• | •••• | •••• | •••• | 23 | Chandigarh, India |
| Chemiasoft Private Limited | •••• | •••• | •••• | •••• | 41 | Khairatabad, Telangana, India |
| Sensan Biosciences Private Limited | •••• | •••• | •••• | •••• | - | Chennai City Corporation, Tamil Nadu, India |
| Notrox Research Private Limited | •••• | •••• | •••• | •••• | 23 | Bangalore, Karnataka, India |
| Let's Evolve Life Private Limited this company | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Convallaer Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | - | Kanpur, Uttar Pradesh, India |
| Infinia Sciences Private Limited | •••• | •••• | •••• | •••• | 20 | Pune, Maharashtra, India |
| Quench Life Sciences Private Limited | •••• | •••• | •••• | •••• | - | Tirumalagiri, Telangana, India |
| Sphaera Pharma Private Limited | •••• | •••• | •••• | •••• | 32 | New Delhi, Delhi, India |
| Cddep India Private Limited | •••• | •••• | •••• | •••• | - | Chickballapur, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Let's Evolve Life by revenue in the Pharma industry (Contract Research), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Let's Evolve Life Private Limited
Let's Evolve Life Private Limited is audited by Ritesh shah & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ritesh shah & Co. | 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 Let's Evolve Life Private Limited
Let's Evolve Life has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mehul Chandrakant Shah Also directs: Noemi Cosmeceuticals Private Limited | Director | 06 May 2021 | 5 Years 5 Months | Current |
| Jeevika Hemant Gupta | Director | 06 May 2021 | 5 Years 5 Months | Current |
Ownership and Shareholding of Let's Evolve Life 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 Let's Evolve Life Private Limited
Let's Evolve Life Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Let's Evolve Life Private Limited
Let's Evolve Life Private Limited has a workforce of 12 employees as of Apr 07, 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 Let's Evolve Life Private Limited
Let's Evolve Life Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Jeevika Hemant Gupta was appointed as Director on 06 May 2021.
Credit Ratings, Litigation & Regulatory Alerts for Let's Evolve Life 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.
MSME Payment Delays by Let's Evolve Life Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Let's Evolve Life 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 Let's Evolve Life Private Limited
Let's Evolve Life has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECL6089K1ZX | Maharashtra | Active | 24 Jul 2021 |
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 Let's Evolve Life 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 Let's Evolve Life Private Limited
Let's Evolve Life is an active private limited company based in Mumbai, Maharashtra, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 06 May 2021 (5+ years old) and is registered under CIN U73100MH2021PTC360022.
Let's Evolve Life reported revenue of ₹8.12 Cr for FY 2024 (down 25% YoY).
Let's Evolve Life has 2 current directors:
- Mehul Chandrakant Shah - Director
- Jeevika Hemant Gupta - Director
Let's Evolve Life reported a net profit of ₹1.02 Cr (net margin 12.6%) and EBITDA of ₹1.49 Cr (EBITDA margin 18.3%) for FY 2024, as per its filed financial statements.
The GSTIN of Let's Evolve Life is 27AAECL6089K1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Let's Evolve Life is U73100MH2021PTC360022. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Let's Evolve Life was incorporated on 06 May 2021, making it 5+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Let's Evolve Life by revenue are Cologenesis Healthcare Private Limited, Indivirtus Healthcare Services Private Limited, Chemiasoft Private Limited, Sensan Biosciences Private Limited, Notrox Research Private Limited and 5 more, all in the Pharma industry (Contract Research).
Jeevika Hemant Gupta was appointed as Director on 06 May 2021. Mehul Chandrakant Shah was appointed as Director on 06 May 2021.
Let's Evolve Life can be reached through the website letsevolvelife.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Let's Evolve Life is at Shop 4 Flrgrd Plotcsno207208 A Vrindavan Chs Sasmira Marg Rehab Bldg Worli, Mumbai, Maharashtra, India – 400030.