- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0042977

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
Recognitions & Rankings of Medizen Labs
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
- Website
- Registered Address# 28 Sunder Ind. Estate N.T.Y.Layout Mysore Road, Bangalore, Karnataka, India – 560026
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Medizen Labs Private Limited, buy the company report.
- 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
Brands
Medizen Labs operates two associated brands: Zenith Nutrition Sports and Zenith Nutrition. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online store selling sports supplements, proteins, and fitness accessories. | zenithsports.in | |
| Nutrition Products | zenithnutrition.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 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 Medizen Labs Private Limited, buy the company report.
Financials of Medizen Labs Private Limited
FY 2023 filings availableMedizen Labs Private Limited reported revenue of ₹66.2 Cr (up 39% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹66.2 Cr | ||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.28 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3% | ||||
| Net Profit Margin | 1.9% | ||||
| Return on Equity (ROE) | |||||
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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.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Jain | Director | 20 Dec 2011 | 14 Years 10 Months | Current |
| Mamtha Kumari Munoth Also directs: Manan Healthcare Private Limited | Director | 08 Feb 2018 | 8 Years 8 Months | Current |
| Himmath Hiralal Jain Also directs: Melting Pot Concepts Private Limited | Director | 08 Feb 2018 | 8 Years 8 Months | Current |
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.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 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 Cr | 1.9% | 39.0% | 38 | Bangalore, 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 firm | Financial year | Firm registration number |
|---|---|---|
| MAHENDRA KUMAR JAIN | FY 2023 | 028534 |
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 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 Medizen Labs Private Limited, buy the company report.
Legal cases
Medizen Labs Private Limited has 5 court cases on record: 3 filed by Medizen Labs, 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 1 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, MAHARASHTRA | Court case (COMSS) | Filed against the company by S. A. Pharmachem Pvt. Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Sa Pharmachem Pvt Ltd | Disposed |
| High Court of Delhi | Court case (C.O. (COMM.IPD-TM)) | Filed by the company against Sai Craft Ltd. | Disposed |
| District court, South West, Delhi | Court case (TM) | Filed against the company by Ms Sai Craft Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against The Assistant Commissioner of Central Tax, | Disposed |
To see the full case history of Medizen 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 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.
GST
Medizen Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAHCM8747J1ZQ | Karnataka | Active | 01 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.
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:
- Pawan Jain - Director
- Mamtha Kumari Munoth - Director
- Himmath Hiralal Jain - Director
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.