Medizen Labs Private Limited

Medizen Labs Private Limited - chemicals and materials in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U24232KA2011PTC061744 Incorporated 20 December 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company chemicals and materials MSME · Medium
Data last updated
Revenue · FY 2023
₹66.2 Cr
▲ 39% YoY
Net profit · FY 2023
₹1.28 Cr
Net margin 1.9%
EBITDA · FY 2023
₹2 Cr
EBITDA margin 3%
Authorised capital
₹2 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
38
Provident fund records
Directors on board
3
As per MCA filings

About Medizen Labs Private Limited

Data last updated:

Medizen Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 20 December 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24232KA2011PTC061744. Its GSTIN is 29AAHCM8747J1ZQ (Karnataka).

The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Pawan Jain and Mamtha Kumari Munoth.

Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at # 28 Sunder Ind. Estate N.T.Y.Layout Mysore Road, Bangalore, Karnataka, India – 560026.

As per the financials filed for FY 2023, the company reported a revenue of ₹66.2 Cr, a growth of 39% compared to the previous year. For the same year it recorded a net profit of ₹1.28 Cr (net margin 1.9%) and EBITDA of ₹2 Cr (EBITDA margin 3%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 63% over five years.

The company has about 38 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Zenith Nutrition Sports and Zenith Nutrition. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.

Medizen Labs Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0042977). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zenithnutrition.com.

Company details

CIN U24232KA2011PTC061744
Registration Number 061744
Incorporation Date 20 December 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0042977

Recognitions & Rankings of Medizen Labs

MSME (Udyam registered) Ministry of MSME
Category
Medium (2024-25)
Udyam number
UDYAM-KR-03-0042977

Contact details

Medizen Labs Private Limited's registered office is in Bangalore, Karnataka. Its website is zenithnutrition.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    # 28 Sunder Ind. Estate N.T.Y.Layout Mysore Road, Bangalore, Karnataka, India – 560026
  • Industry
    Chemicals and Materials, Chemical Distribution & Retail

To see the full contact details of Medizen Labs Private Limited, buy the company report.

Comprehensive company report
Medizen 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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Brands

Medizen Labs operates two associated brands: Zenith Nutrition Sports and Zenith Nutrition. Each brand links to its own profile.

BrandDescriptionWebsite
Online store selling sports supplements, proteins, and fitness accessories.zenithsports.in
Nutrition Productszenithnutrition.com

Business activity

The main business activity of Medizen Labs is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of Medizen Labs Private Limited, buy the company report.

Financials of Medizen Labs Private Limited

FY 2023 filings available

Medizen Labs Private Limited reported revenue of ₹66.2 Cr (up 39% YoY) for FY 2023.

Revenue · FY 2023
₹66.2 Cr ▲ 39%
Net profit · FY 2023
₹1.28 Cr margin 1.9%
EBITDA · FY 2023
₹2 Cr margin 3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 39%
3 years · compounded
▲ 29%
5 years · compounded
▲ 63%
EBITDA CAGR growth
1 year
▲ 381%
3 years · compounded
▲ 12%
5 years · compounded
▲ 42%

Revenue has grown at a compounded annual rate (CAGR) of 63% over five years, including 39% growth in the latest year. EBITDA rose 381% 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations₹66.2 Cr
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹2 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹1.28 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

MetricsFY 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin3%
Net Profit Margin1.9%
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 Medizen Labs Private Limited, buy the company report.

Board of directors of Medizen Labs Private Limited

Medizen Labs has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Pawan JainDirector20 Dec 201114 Years 10 MonthsCurrent
Mamtha Kumari MunothDirector08 Feb 20188 Years 8 MonthsCurrent
Himmath Hiralal JainDirector08 Feb 20188 Years 8 MonthsCurrent

Peer comparison

Medizen Labs Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution, 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Merril Pharma Private Limited₹66.57 Cr (FY 2025)25.0%Ahmedabad, Gujarat, India
Hiral Labs Limited₹66.46 Cr (FY 2025)6.0%Ahmedabad, Gujarat, India
Skyec Drugs and Pharmaceuticals Private Limited₹66.27 Cr (FY 2025)19.0%Chennai, Tamil Nadu, India
Medizen Labs Private Limitedthis company₹66.2 Cr (FY 2023)₹1.28 Cr1.9%39.0%38Bangalore, Karnataka, India
Bestochem Formulations (India) Limited₹66.17 Cr (FY 2024)5.0%New Delhi, Delhi, India
Maxmed Life Sciences Private Limited₹66.13 Cr (FY 2023)-10.0%Delhi, India
Skymap Healthcare Private Limited₹65.96 Cr (FY 2022)70.0%New Delhi, Delhi, India

To see the full peer comparison of Medizen Labs Private Limited, buy the company report.

Auditor

Medizen Labs Private Limited is audited by MAHENDRA KUMAR JAIN for the financial year 2023.

Auditor firmFinancial yearFirm registration number
MAHENDRA KUMAR JAINFY 2023028534

Shareholding

The shareholding of Medizen Labs 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Medizen Labs Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Medizen Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Medizen Labs Private Limited has a workforce of 38 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.

Employee count
38
Active EPFO establishments
1
Employee growth
2.7%

GST

Medizen Labs has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCM8747J1ZQKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Medizen Labs Private Limited, buy the company report.

Recent activity

Medizen Labs Private Limited has 5 board changes on record since 2011: 4 appointments and 1 cessation. The latest: Hira Lal Jain ceased to be Director on 05 Feb 2020.

AGM
Medizen Labs Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Medizen Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Hira Lal Jain ceased to be Director.
Appointed
Himmath Hiralal Jain was appointed as Director.
Appointed
Mamtha Kumari Munoth was appointed as Director.
Appointed
Hira Lal Jain was appointed as Director.
Appointed
Pawan Jain was appointed as Director.
Incorporation
20 Dec 2011
Medizen Labs Private Limited was registered on 20 Dec 2011 with Roc Bangalore & aged 14 years 10 months as per MCA records.

Frequently asked questions

Medizen Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 20 December 2011 (15+ years old) and is registered under CIN U24232KA2011PTC061744.

Medizen Labs has 3 current directors:

The latest financial statements of Medizen Labs on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.

The GSTIN of Medizen Labs is 29AAHCM8747J1ZQ, registered in Karnataka.

The CIN (Corporate Identification Number) of Medizen Labs is U24232KA2011PTC061744. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Medizen Labs has 5 court cases on record: 3 filed by the company and 2 filed against it. Most are in the high courts.

Medizen Labs was incorporated on 20 December 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

The peers of Medizen Labs by revenue are Merril Pharma Private Limited, Hiral Labs Limited, Skyec Drugs and Pharmaceuticals Private Limited, Bestochem Formulations (India) Limited, Maxmed Life Sciences Private Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution, Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Hira Lal Jain ceased to be Director on 05 Feb 2020. Himmath Hiralal Jain was appointed as Director on 08 Feb 2018. Mamtha Kumari Munoth was appointed as Director on 08 Feb 2018. Medizen Labs has 5 board changes on record in total.

Yes, Medizen Labs is registered as a medium enterprise under Udyam registration (number: UDYAM-KR-03-0042977).

Medizen Labs can be reached through the website zenithnutrition.com. Its registered office is in Bangalore, Karnataka, India.