MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-32-0003988
Maps Laboratories Private Limited - pharma in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹34.03 Cr
▼ 25% YoY
Net profit · FY 2024
₹23.51 Lakh
Net margin 0.7%
EBITDA · FY 2024
₹1.04 Cr
EBITDA margin 3.1%
Authorised capital
₹1.75 Cr
Registered with MCA
Paid-up capital
₹1.5 Cr
Issued & subscribed
Open charges
₹4.5 Cr
Satisfied ₹5.62 Cr
Company age
25 yrs
Est. 2001
Directors on board
2
As per MCA filings
About Maps Laboratories Private Limited
Data last updated:
Maps Laboratories Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 28 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24117GJ2001PTC039923. Its GSTIN is 24AACCM8255A1ZT (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹1.5 Cr. It is led by directors Krunalbhai Jayantilal Kotadiya and Rupeshkumar Maganlal Kotadia.
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 Maps House Opp Calcutta Hardware Market T S Road Morbi, Rajkot, Gujarat, India – 363641.
As per the financials filed for FY 2024, the company reported a revenue of ₹34.03 Cr, a decline of 25% compared to the previous year. For the same year it recorded a net profit of ₹23.51 Lakh (net margin 0.7%) and EBITDA of ₹1.04 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company is associated with 1 brand: Maps Laboratories. As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹5.62 Cr on record. Court records list 10 cases involving the company, including 10 filed against it.
Maps Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-32-0003988). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mapslaboratories.com.
Company details
CIN U24117GJ2001PTC039923
Registration Number 039923
Incorporation Date 28 August 2001
ROC Ahmedabad
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 Small
Udyam Registration UDYAM-GJ-32-0003988
Recognitions & Rankings of Maps Laboratories
Contact details
Maps Laboratories Private Limited's registered office is in Rajkot, Gujarat. Its website is mapslaboratories.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMaps House Opp Calcutta Hardware Market T S Road Morbi, Rajkot, Gujarat, India – 363641
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Maps Laboratories Private Limited, buy the company report.
Comprehensive company report
Maps Laboratories 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
Maps Laboratories operates one associated brand: Maps Laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of pharmaceutical bulk drugs and formulations in India. | mapslaboratories.com |
Business activity
The main business activity of Maps Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Maps Laboratories Private Limited, buy the company report.
Financials of Maps Laboratories Private Limited
FY 2025 filings availableMaps Laboratories Private Limited reported revenue of ₹34.03 Cr (down 25% YoY) for FY 2024.
Revenue · FY 2024
₹34.03 Cr ▼ 25%
Net profit · FY 2024
₹23.51 Lakh margin 0.7%
EBITDA · FY 2024
₹1.04 Cr margin 3.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 25%
3 years · compounded
▼ 5%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 8%
5 years · compounded
▼ 7%
Revenue fell 25% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 22% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹23.51 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | ||||
| Net Profit Margin | 0.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current 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 Maps Laboratories Private Limited, buy the company report.
Board of directors of Maps Laboratories Private Limited
Maps Laboratories has 2 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 |
|---|---|---|---|---|
| Krunalbhai Jayantilal Kotadiya Also directs: Maps Granito Private Limited | Director | 10 Oct 2008 | 18 Years 0 Months | Current |
| Rupeshkumar Maganlal Kotadia Also directs: Perth Ceramic Private Limited, Maps Granito Private Limited | Director | 28 Aug 2001 | 25 Years 1 Months | Current |
Peer comparison
Maps Laboratories Private Limited is compared with the 6 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dinesh Remedies Limited | ₹34.29 Cr (FY 2025) | 1.0% | Padra, Gujarat, India | |||
| Mancare Pharmaceuticals Private Limited | ₹34.15 Cr (FY 2025) | -1.0% | Vasai, Maharashtra, India | |||
| Anup Medical Services Private Limited | ₹34.05 Cr (FY 2025) | 13.0% | Anekal, Karnataka, India | |||
| Maps Laboratories Private Limitedthis company | ₹34.03 Cr (FY 2024) | ₹23.51 Lakh | 0.7% | -25.0% | Rajkot, Gujarat, India | |
| Larson Pharma Private Limited | ₹33.93 Cr (FY 2025) | 23.0% | Hyderabad, Telangana, India | |||
| Supal Pharmacare Limited | ₹33.91 Cr (FY 2024) | Ahmedabad, Gujarat, India | ||||
| Vijaya Sai Laboratories India Private Limited | ₹33.9 Cr (FY 2025) | -12.0% | Telangana, India |
To see the full peer comparison of Maps Laboratories Private Limited, buy the company report.
Auditor
Maps Laboratories Private Limited is audited by B. B. KALARIA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B. B. KALARIA & CO. | FY 2023 | 127220W |
Shareholding
The shareholding of Maps Laboratories 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 Maps Laboratories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4.5 Cr
Satisfied charges
₹5.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Apr 2013 | 10427344 | Others | ₹4.5 Cr | Open | |
| 26 Feb 2010 | 10206977 | Dena Bank | ₹4 Cr | Satisfied | |
| 15 Jan 2002 | 90110392 | State Bank of India | ₹49.9 Lakh | Satisfied | |
| 15 Jan 2002 | 90113189 | State Bank of India | ₹1.12 Cr | Satisfied |
To see the full charge records of Maps Laboratories Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Maps Laboratories Private Limited has 10 court cases on record: 10 filed against it. All cases are disposed.
Total cases
10
Filed against the company
10
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 10 | 10 | 0 |
Cases on record (4 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, MORBI, Gujarat | Criminal complaint | Filed against the company by Black Rose Industries Ltd | Disposed |
| District court, MORBI, Gujarat | Court case (CR EN) | Filed against the company by Black Rose Industries Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by M/S Hrishabh Life Sciences | Disposed |
To see the full case history of Maps Laboratories 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 Maps Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Maps Laboratories has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCM8255A1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Maps Laboratories Private Limited, buy the company report.
Recent activity
Maps Laboratories Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Krunalbhai Jayantilal Kotadiya was appointed as Director on 10 Oct 2008.
AGM
Maps Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Maps Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 4.50 Cr registered on 13 Apr 2013 with Charge ID 10427344 was modified on 14 Mar 2019.
Charges
A charge registered on 26 Feb 2010 via Charge ID 10206977 with Dena Bank was fully satisfied on 15 Jul 2013.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 10427344 was registered on 13 Apr 2013.
Charges
A charge with Dena Bank amounted to Rs. 4.00 Cr with Charge ID 10206977 was registered on 26 Feb 2010.
Charges
A charge registered on 15 Jan 2002 via Charge ID 90110392 with State Bank Of India was fully satisfied on 18 Feb 2010.
Charges
A charge registered on 15 Jan 2002 via Charge ID 90113189 with State Bank Of India was fully satisfied on 18 Feb 2010.
Charges
A charge with State Bank Of India of Rs. 1.12 Cr registered on 15 Jan 2002 with Charge ID 90113189 was modified on 01 Nov 2008.
Appointed
Krunalbhai Jayantilal Kotadiya was appointed as Director.
Ceased
Mayank Rajnibhai Patel ceased to be Director.
Charges
A charge with State Bank Of India amounted to Rs. 0.50 Cr with Charge ID 90110392 was registered on 15 Jan 2002.
3 earlier events are in the company report.
Frequently asked questions
Maps Laboratories is an active private limited company based in Rajkot, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 28 August 2001 (25+ years old) and is registered under CIN U24117GJ2001PTC039923.
Maps Laboratories has 2 current directors:
- Krunalbhai Jayantilal Kotadiya - Director
- Rupeshkumar Maganlal Kotadia - Director
The latest financial statements of Maps Laboratories 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 Maps Laboratories is 24AACCM8255A1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of Maps Laboratories is U24117GJ2001PTC039923. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Maps Laboratories has 10 court cases on record: 10 filed against it.
Maps Laboratories was incorporated on 28 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Maps Laboratories by revenue are Dinesh Remedies Limited, Mancare Pharmaceuticals Private Limited, Anup Medical Services Private Limited, Larson Pharma Private Limited, Supal Pharmacare Limited and 1 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Krunalbhai Jayantilal Kotadiya was appointed as Director on 10 Oct 2008. Mayank Rajnibhai Patel ceased to be Director on 10 Oct 2008. Rupeshkumar Maganlal Kotadia was appointed as Director on 28 Aug 2001.
Yes, Maps Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-32-0003988).
Maps Laboratories can be reached through the website mapslaboratories.com. Its registered office is in Rajkot, Gujarat, India.