MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-24-0017297
Medlab Research Private Limited - pharma in Vadodara, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.03 Cr
▲ 31% YoY
Net profit · FY 2025
₹90,460
Net margin 0.3%
EBITDA · FY 2025
₹16.23 Lakh
EBITDA margin 5.4%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹99 Lakh
Satisfied ₹70 Lakh
Company age
21 yrs
Est. 2005
Directors on board
3
As per MCA filings
About Medlab Research Private Limited
Data last updated:
Medlab Research Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 16 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U85195GJ2005PTC103225. Its GSTIN is 24AAECM6016D1ZY (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Lakh. It is led by directors including Hemant Natverlal Desai and Pranay Hemant Desai.
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 Plot No. 91/4 G.I.D.C. Industrial Estate Nandeshari, Vadodara, Gujarat, India – 391340.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.03 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹90,460 (net margin 0.3%) and EBITDA of ₹16.23 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹99 Lakh and satisfied charges of ₹70 Lakh on record. Court records list 2 cases involving the company, including 2 filed by the company.
Medlab Research Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-24-0017297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website medlab.co.in.
Company details
CIN U85195GJ2005PTC103225
Registration Number 103225
Incorporation Date 16 November 2005
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 Micro
Udyam Registration UDYAM-GJ-24-0017297
CIN history
Medlab Research has one previous CIN (Corporate Identification Number): U85195MH2005PTC157320. The current CIN is U85195GJ2005PTC103225, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85195GJ2005PTC103225 | Current |
| U85195MH2005PTC157320 | Previous |
Key People
Hemant Natverlal Desai Director Pranay Hemant Desai Director Rishi Hemantbhai Desai Director Recognitions & Rankings of Medlab Research
Contact details
Medlab Research Private Limited's registered office is in Vadodara, Gujarat. Its website is medlab.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 91/4 G.I.D.C. Industrial Estate Nandeshari, Vadodara, Gujarat, India – 391340
- IndustryPharma, Pharma Contract R&D
To see the full contact details of Medlab Research Private Limited, buy the company report.
Comprehensive company report
Medlab Research 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 Medlab Research 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 Medlab Research Private Limited, buy the company report.
Financials of Medlab Research Private Limited
FY 2025 filings availableMedlab Research Private Limited reported revenue of ₹3.03 Cr (up 31% YoY) for FY 2025.
Revenue · FY 2025
₹3.03 Cr ▲ 31%
Net profit · FY 2025
₹90,460 margin 0.3%
EBITDA · FY 2025
₹16.23 Lakh margin 5.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▲ 1%
5 years · compounded
▲ 3%
EBITDA CAGR growth
1 year
▼ 10%
3 years · compounded
▼ 6%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 31% growth in the latest year. EBITDA fell 10% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹16.23 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹90,460 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Medlab Research Private Limited, buy the company report.
Board of directors of Medlab Research Private Limited
Medlab Research has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Natverlal Desai | Director | 16 Aug 2007 | 19 Years 2 Months | Current |
| Pranay Hemant Desai Also directs: PHD Chemicals Private Limited | Director | 18 May 2017 | 9 Years 5 Months | Current |
| Rishi Hemantbhai Desai Also directs: PHD Chemicals Private Limited | Director | 18 May 2017 | 9 Years 5 Months | Current |
Peer comparison
Medlab Research Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (Contract Research), 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 |
|---|---|---|---|---|---|---|
| Mekanar Pharma Private Limited | ₹3.2 Cr (FY 2025) | 50.0% | Hyderabad, Telangana, India | |||
| Medlab Research Private Limitedthis company | ₹3.03 Cr (FY 2025) | ₹90,460 | 0.3% | 31.0% | Vadodara, Gujarat, India | |
| Sai Life Pharma Private Limited | ₹3.02 Cr (FY 2025) | 65.0% | Hyderabad, Telangana, India | |||
| NSJ Prayog Life Sciences Private Limited | ₹3.02 Cr (FY 2024) | -31.0% | Secunderabad, Telangana, India |
To see the full peer comparison of Medlab Research Private Limited, buy the company report.
Auditor
Medlab Research Private Limited is audited by Nikhil Rawal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Nikhil Rawal & Co. | FY 2023 | 127192W |
Shareholding
The shareholding of Medlab Research 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 Medlab Research Private Limited, buy the company report.
Charges & borrowings
Open charges
₹99 Lakh
Satisfied charges
₹70 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2020 | 100337654 | Others | ₹24 Lakh | Open | |
| 01 Mar 2012 | 10341767 | Dena Bank | ₹75 Lakh | Open | |
| 29 Apr 2014 | 10494820 | Dena Bank | ₹40 Lakh | Satisfied | |
| 18 Jul 2011 | 10306443 | The Karur Vysya Bank Limited | ₹20 Lakh | Satisfied | |
| 31 Mar 2008 | 10103864 | The Karur Vysya Bank Limited | ₹10 Lakh | Satisfied |
To see the full charge records of Medlab Research Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
Medlab Research Private Limited has 2 court cases on record: 2 filed by Medlab Research. 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 | 2 | 0 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Vadodara, Gujarat | Criminal complaint | Filed by the company against M/S.Meghna Pharma Pvt.Ltd and 2 others | Disposed |
To see the full case history of Medlab Research 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 Medlab Research Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Medlab Research has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECM6016D1ZY | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Medlab Research Private Limited, buy the company report.
Recent activity
Medlab Research Private Limited has 10 board changes on record since 2007: 3 appointments and 7 cessations. The latest: Pranay Hemant Desai ceased to be Additional Director on 29 Sep 2017.
AGM
Medlab Research Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Medlab Research Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 0.24 Cr with Charge ID 100337654 was registered on 08 May 2020.
Charges
A charge registered on 29 Apr 2014 via Charge ID 10494820 with Dena Bank was fully satisfied on 11 Mar 2020.
Ceased
Pranay Hemant Desai ceased to be Additional Director.
Ceased
Rishi Hemantbhai Desai ceased to be Additional Director.
Ceased
Anjali Rajan Gupte ceased to be Director.
Appointed
Pranay Hemant Desai was appointed as Director.
Appointed
Rishi Hemantbhai Desai was appointed as Director.
Ceased
Ruta Jitendra Awhad ceased to be Additional Director.
Charges
A charge with Dena Bank of Rs. 0.75 Cr registered on 01 Mar 2012 with Charge ID 10341767 was modified on 18 Jun 2015.
Ceased
Jitendra Satish Awhad ceased to be Director.
10 earlier events are in the company report.
Frequently asked questions
Medlab Research is an active private limited company based in Vadodara, Gujarat, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 16 November 2005 (21+ years old) and is registered under CIN U85195GJ2005PTC103225.
Medlab Research has 3 current directors:
- Hemant Natverlal Desai - Director
- Pranay Hemant Desai - Director
- Rishi Hemantbhai Desai - Director
The latest financial statements of Medlab Research 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 Medlab Research is 24AAECM6016D1ZY, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Medlab Research is U85195GJ2005PTC103225. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Medlab Research has 2 court cases on record: 2 filed by the company.
Medlab Research was incorporated on 16 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Medlab Research by revenue are Mekanar Pharma Private Limited, Sai Life Pharma Private Limited, NSJ Prayog Life Sciences Private Limited, all in the Pharma industry (Contract Research), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Pranay Hemant Desai ceased to be Additional Director on 29 Sep 2017. Rishi Hemantbhai Desai ceased to be Additional Director on 29 Sep 2017. Anjali Rajan Gupte ceased to be Director on 18 May 2017. Medlab Research has 10 board changes on record in total.
Yes, Medlab Research is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-24-0017297).
Medlab Research can be reached through the website medlab.co.in. Its registered office is in Vadodara, Gujarat, India.
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