MJ Lab Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U24200MH1996PTC097388 Incorporated 16 February 1996 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma MSME · Micro
Revenue · FY 2024
₹2.09 Cr
▲ 11% YoY
Net profit · FY 2024
₹11,686
Net margin 0.1%
EBITDA · FY 2024
₹16.69 Lakh
EBITDA margin 8%
Authorised capital
₹20 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹82 Lakh
Secured borrowings
Company age
30 yrs
Est. 1996
Employees · EPFO
33
Provident fund records

About MJ Lab Private Limited

Data last updated:

MJ Lab Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 16 February 1996 and has been in existence for over 30 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24200MH1996PTC097388. Its GSTIN is 27AAACM5735F1ZK (Maharashtra).

The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors including Jagadeeswaran Meenakshi Pillai (Whole-Time Director) and Pradeep Nachimuthu Pillai.

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 Alica Nagar Lokhandwalacomplex 7A/702 Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.09 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹11,686 (net margin 0.1%) and EBITDA of ₹16.69 Lakh (EBITDA margin 8%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.

The company has about 33 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: MJ Lab. As per MCA filings, the company has open charges of ₹82 Lakh on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it; 1 case is pending.

MJ Lab Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0001897). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mjlab.in.

Company details

CIN U24200MH1996PTC097388
Registration Number 097388
Incorporation Date 16 February 1996
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0001897

Recognitions & Rankings of MJ Lab

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0001897

Contact details

MJ Lab Private Limited's registered office is in Mumbai, Maharashtra. Its website is mjlab.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
  • Registered Address
    Alica Nagar Lokhandwalacomplex 7A/702 Akurli Road Kandivali East, Mumbai, Maharashtra, India – 400101
  • Industry
    Pharma, Drug Formulation & Development

To see the full contact details of MJ Lab Private Limited, buy the company report.

Comprehensive company report
MJ Lab 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

MJ Lab operates one associated brand: MJ Lab. Each brand links to its own profile.

BrandDescriptionWebsite
Analytical testing services for pharmaceuticals and cosmetics.mjlab.in

Business activity

The main business activity of MJ Lab is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

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

Financials of MJ Lab Private Limited

FY 2025 filings available

MJ Lab Private Limited reported revenue of ₹2.09 Cr (up 11% YoY) for FY 2024.

Revenue · FY 2024
₹2.09 Cr ▲ 11%
Net profit · FY 2024
₹11,686 margin 0.1%
EBITDA · FY 2024
₹16.69 Lakh margin 8%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 1%
5 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▼ 31%
3 years · compounded
▲ 2%
5 years · compounded
▼ 15%

Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 5%. EBITDA fell 31% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹16.69 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹11,686
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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin8%
Net Profit Margin0.1%
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 MJ Lab Private Limited, buy the company report.

Board of directors of MJ Lab Private Limited

MJ Lab has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Jagadeeswaran Meenakshi PillaiWhole-Time Director01 Oct 199729 Years 1 MonthsCurrent
Pradeep Nachimuthu PillaiDirector18 Sep 20188 Years 1 MonthsCurrent
Rubini Jagdeeswaran Pillai KarpagaDirector04 Jun 201610 Years 5 MonthsCurrent
Dileepan PoongothaiDirector28 Feb 20233 Years 8 MonthsCurrent

Auditor

MJ Lab Private Limited is audited by V PUROHIT & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
V PUROHIT & ASSOCIATESFY 2020133490W

Shareholding

The shareholding of MJ Lab Private Limited is on record for 3 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2020FY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of MJ Lab Private Limited, buy the company report.

Charges & borrowings

Open charges
₹82 Lakh
Satisfied charges
None
Breakdown by lending institutions
Icici Bank₹0.52 Cr
State Bank of India₹0.30 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
14 Dec 201210391729Icici Bank₹52 LakhOpen
23 Oct 199790142038State Bank of India₹30 LakhOpen

To see the full charge records of MJ Lab Private Limited, buy the company report.

Total charge records: 2 View all charges

MSME payment delays

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

GST

MJ Lab has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AAACM5735F1ZKMaharashtraActive01 Jul 2017

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

Recent activity

MJ Lab Private Limited has 10 board changes on record since 1996: 7 appointments and 3 cessations. The latest: Dileepan Poongothai was appointed as Director on 28 Feb 2023.

AGM
Mj Lab Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mj Lab Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I.
Appointed
Dileepan Poongothai was appointed as Director.
Ceased
Kalaiarasi Nachimuthu Pillai ceased to be Director.
Appointed
Pradeep Nachimuthu Pillai was appointed as Director.
Ceased
Meenatchisundaram Nachimuthu ceased to be Director.
Appointed
Rubini Jagdeeswaran Pillai Karpaga was appointed as Director.
Ceased
Kundalakesi Jagadeeswaran Pillai ceased to be Director.
Charges
A charge with Icici Bank amounted to Rs. 52.00 Lakh with Charge ID 10391729 was registered on 14 Dec 2012.
Charges
A charge with Icici Bank of Rs. 52.00 Lakh registered on 14 Dec 2012 with Charge ID 10391729 was modified on 14 Dec 2012.
Appointed
Meenatchisundaram Nachimuthu was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 30.00 Lakh with Charge ID 90142038 was registered on 23 Oct 1997.

5 earlier events are in the company report.

Frequently asked questions

MJ Lab is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 16 February 1996 (30+ years old) and is registered under CIN U24200MH1996PTC097388.

MJ Lab has 4 current directors:

The latest financial statements of MJ Lab 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 MJ Lab is 27AAACM5735F1ZK, registered in Maharashtra.

The CIN (Corporate Identification Number) of MJ Lab is U24200MH1996PTC097388. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

MJ Lab has 6 court cases on record: 4 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.

MJ Lab was incorporated on 16 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.

Dileepan Poongothai was appointed as Director on 28 Feb 2023. Kalaiarasi Nachimuthu Pillai ceased to be Director on 18 Jan 2021. Pradeep Nachimuthu Pillai was appointed as Director on 18 Sep 2018. MJ Lab has 10 board changes on record in total.

Yes, MJ Lab is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0001897).

MJ Lab can be reached through the website mjlab.in. Its registered office is in Mumbai, Maharashtra, India.