DPIIT recognised startup Government of India
Startup India
Livewort Labs Private Limited - pharma in Chandigarh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.58 Cr
▲ 20% YoY
Net profit · FY 2024
₹1.62 Lakh
Net margin 1%
EBITDA · FY 2024
₹3.42 Lakh
EBITDA margin 2.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Livewort Labs Private Limited
Data last updated:
Livewort Labs Private Limited is a private limited company based in Chandigarh, India, recognised as a startup by DPIIT. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 07 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909CH2019PTC042723. Its GSTIN is 04AAECL0481H1ZS (Chandigarh).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Suresh Mittal and Sanjay Kumar Garg.
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 Scf No 44 Ground Floor And Basement, Motor Market, Chandigarh, India – 160101.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.58 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.62 Lakh (net margin 1%) and EBITDA of ₹3.42 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years.
Court records list 2 cases involving the company, including 2 filed by the company.
For more details, the company can be reached via its website livewortlabs.com.
Company details
CIN U51909CH2019PTC042723
Registration Number 042723
Incorporation Date 07 October 2019
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Key People
Suresh Mittal Director Sanjay Kumar Garg Director Recognitions & Rankings of Livewort Labs
Contact details
Livewort Labs Private Limited's registered office is in Chandigarh, Chandigarh. Its website is livewortlabs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressScf No 44 Ground Floor And Basement, Motor Market, Chandigarh, India – 160101
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Livewort Labs Private Limited, buy the company report.
Comprehensive company report
Livewort Labs 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 Livewort Labs is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Livewort Labs Private Limited, buy the company report.
Financials of Livewort Labs Private Limited
FY 2025 filings availableLivewort Labs Private Limited reported revenue of ₹1.58 Cr (up 20% YoY) for FY 2024.
Revenue · FY 2024
₹1.58 Cr ▲ 20%
Net profit · FY 2024
₹1.62 Lakh margin 1%
EBITDA · FY 2024
₹3.42 Lakh margin 2.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▲ 38%
3 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 42% over three years, including 20% growth in the latest year. EBITDA rose 38% 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 | ₹3.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.62 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 | 2.2% | ||||
| Net Profit Margin | 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 Livewort Labs Private Limited, buy the company report.
Board of directors of Livewort Labs Private Limited
Livewort Labs has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Suresh Mittal Also directs: Apto Lifecare Private Limited, Oraxon Bio Pharma Private Limited, Vlead Labs Private Limited and 2 more | Director | 07 Oct 2019 | 7 Years 0 Months | Current |
| Sanjay Kumar Garg Also directs: Vlead Labs Private Limited, Erika Remedies Private Limited, Oasis Bio Bloom LLP and 4 more | Director | 07 Oct 2019 | 7 Years 0 Months | Current |
Peer comparison
Livewort Labs Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fairdeal Formulations (India) Pvt Ltd | ₹1.59 Cr (FY 2025) | 72.0% | Indore, Madhya Pradesh, India | |||
| Livewort Labs Private Limitedthis company | ₹1.58 Cr (FY 2024) | ₹1.62 Lakh | 1% | 20.0% | Chandigarh, India | |
| Suzrayn Pharma Private Limited | ₹1.58 Cr (FY 2022) | 33.0% | Chitradurga, Karnataka, India | |||
| Elcliff Formulations Private Limited | ₹1.58 Cr (FY 2025) | -31.0% | Yamuna Nagar, Haryana, India |
To see the full peer comparison of Livewort Labs Private Limited, buy the company report.
Auditor
Livewort Labs Private Limited is audited by MEHAN SETH & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MEHAN SETH & CO. | FY 2023 | 012669N |
Shareholding
The shareholding of Livewort Labs Private Limited is on record for 4 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 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Livewort Labs Private Limited, buy the company report.
Legal cases
Livewort Labs Private Limited has 2 court cases on record: 2 filed by Livewort Labs. All cases are disposed.
Total cases
2
Filed by the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against Union of India and Ors | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed by the company against M/S Gulson Medical Agency | Disposed |
To see the full case history of Livewort Labs 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 Livewort Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Livewort Labs has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 04AAECL0481H1ZS | Chandigarh | Active | 03 Feb 2020 |
To see the full GST registrations and return filing status of Livewort Labs Private Limited, buy the company report.
Recent activity
Livewort Labs Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Sanjay Kumar Garg was appointed as Director on 07 Oct 2019.
AGM
Livewort Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Livewort Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Appointed
Sanjay Kumar Garg was appointed as Director.
Appointed
Suresh Mittal was appointed as Director.
Incorporation
07 Oct 2019
Livewort Labs Private Limited was registered on 07 Oct 2019 with Roc Chandigarh & aged 7 years 24 days as per MCA records.
Frequently asked questions
Livewort Labs is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 07 October 2019 (7+ years old) and is registered under CIN U51909CH2019PTC042723.
Livewort Labs has 2 current directors:
- Suresh Mittal - Director
- Sanjay Kumar Garg - Director
The latest financial statements of Livewort Labs 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 FY 2020 are in the company report.
The GSTIN of Livewort Labs is 04AAECL0481H1ZS, registered in Chandigarh.
The CIN (Corporate Identification Number) of Livewort Labs is U51909CH2019PTC042723. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Livewort Labs has 2 court cases on record: 2 filed by the company. Most are in the district courts.
Livewort Labs was incorporated on 07 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Livewort Labs by revenue are Fairdeal Formulations (India) Pvt Ltd, Suzrayn Pharma Private Limited, Elcliff Formulations Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (wholesale trading).
Sanjay Kumar Garg was appointed as Director on 07 Oct 2019. Suresh Mittal was appointed as Director on 07 Oct 2019.
Yes, Livewort Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Livewort Labs can be reached through the website livewortlabs.com. Its registered office is in Chandigarh, India.
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