MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0260942
Mylab Lifesolutions Private Limited - healthcare in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹20.24 Cr
▼ 11% YoY
Net profit · FY 2024
₹15.76 Lakh
Net margin 0.8%
EBITDA · FY 2024
₹40.96 Lakh
EBITDA margin 2%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹3.62 Cr
No open charges
Company age
13 yrs
Est. 2013
Employees · EPFO
23
Provident fund records
About Mylab Lifesolutions Private Limited
Data last updated:
Mylab Lifesolutions Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 11 November 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U24233PN2013PTC149404. Its GSTIN is 24AAICM9127D1ZK (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shailendra Balasaheb Kawade (Managing Director) and Rahul Subhash Patil.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Thorve Capital Phase – 1 Commercial Shed No 2 Ground Floor Survey No 27/2B Balewadi, Pune, Maharashtra, India – 411045.
As per the financials filed for FY 2024, the company reported a revenue of ₹20.24 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹15.76 Lakh (net margin 0.8%) and EBITDA of ₹40.96 Lakh (EBITDA margin 2%). Revenue has declined at a compounded annual rate (CAGR) of 33% over three years and 4% over five years.
The company has about 23 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mylab Lifesolutions. As per MCA filings, the company has satisfied charges of ₹3.62 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 1 case is pending.
Mylab Lifesolutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0260942). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mylablifesolutions.com.
Company details
CIN U24233PN2013PTC149404
Registration Number 149404
Incorporation Date 11 November 2013
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0260942
Key People
Shailendra Balasaheb Kawade Managing Director Rahul Subhash Patil Director Chetan Sohanraj Rawal Director Recognitions & Rankings of Mylab Lifesolutions
Contact details
Mylab Lifesolutions Private Limited's registered office is in Pune, Maharashtra. Its website is mylablifesolutions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressThorve Capital Phase – 1 Commercial Shed No 2 Ground Floor Survey No 27/2B Balewadi, Pune, Maharashtra, India – 411045
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Mylab Lifesolutions Private Limited, buy the company report.
Comprehensive company report
Mylab Lifesolutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Mylab Lifesolutions operates one associated brand: Mylab Lifesolutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A biotechnology company specializing in diagnostic kits and instrumentation for human health diagnostics. | mylablifesolutions.com |
Business activity
The main business activity of Mylab Lifesolutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Mylab Lifesolutions Private Limited, buy the company report.
Financials of Mylab Lifesolutions Private Limited
FY 2024 filings availableMylab Lifesolutions Private Limited reported revenue of ₹20.24 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹20.24 Cr ▼ 11%
Net profit · FY 2024
₹15.76 Lakh margin 0.8%
EBITDA · FY 2024
₹40.96 Lakh margin 2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 33%
5 years · compounded
▼ 4%
EBITDA CAGR growth
1 year
▼ 39%
3 years · compounded
▼ 70%
5 years · compounded
▼ 32%
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 11% fall in the latest year. EBITDA fell 39% 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 |
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| Total Expenses | |||||
| EBITDA | ₹40.96 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹15.76 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | 2% | ||||
| Net Profit Margin | 0.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mylab Lifesolutions Private Limited, buy the company report.
Board of directors of Mylab Lifesolutions Private Limited
Mylab Lifesolutions has 5 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Subhash Patil Also directs: Mylab Discovery Solutions Private Limited | Director | 20 Sep 2016 | 10 Years 1 Months | Current |
| Chetan Sohanraj Rawal Also directs: Rapidcure Healthcare Private Limited | Director | 19 Jul 2023 | 3 Years 3 Months | Current |
| Pratima Shailendra Kawade | Director | 19 Jul 2023 | 3 Years 3 Months | Current |
| Hasmukh Sohanraj Rawal Also directs: Bionotes LLP, Kisan Livestock and Crop Forensic LLP, Curesense Therapeutics Private Limited and 2 more | Director | 11 Nov 2013 | 12 Years 11 Months | Current |
| Shailendra Balasaheb Kawade Also directs: Kisan Livestock and Crop Forensic LLP, Curesense Therapeutics Private Limited, Mylab Discovery Solutions Private Limited and 5 more | Managing Director | 19 Sep 2016 | 10 Years 1 Months | Current |
Auditor
Mylab Lifesolutions Private Limited is audited by N R KULKARNI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N R KULKARNI & CO. | FY 2023 | 132799W |
Shareholding
The shareholding of Mylab Lifesolutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mylab Lifesolutions Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹3.62 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2018 | 100220451 | Others | ₹2.5 Cr | Satisfied | |
| 13 Oct 2017 | 100139826 | Others | ₹60 Lakh | Satisfied | |
| 31 Jul 2016 | 100059905 | Others | ₹51.88 Lakh | Satisfied |
To see the full charge records of Mylab Lifesolutions Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Mylab Lifesolutions Private Limited has 5 court cases on record: 5 filed against it. 1 case is pending and 4 are disposed.
Total cases
5
Filed against the company
5
Pending
1
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 1 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Criminal case | Filed against the company by Promega Biotech India Private Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Invitrogen Bioservices India Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Invitrogen Bioservices India Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Invitrogen Bioservices India Pvt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Invitrogen Bioservices India Pvt Ltd. | Disposed |
To see the full case history of Mylab Lifesolutions 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
Mylab Lifesolutions Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 48 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Sci Fi Biologicals | |||
| MP Biomedicals India Private Limited | |||
| Nirav Biosolutions Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Mylab Lifesolutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mylab Lifesolutions Private Limited has a workforce of 23 employees on its EPFO records as of Mar 21, 2024, across 1 active EPFO establishment.
Employee count
23
Active EPFO establishments
1
Employee growth
-8%
GST
Mylab Lifesolutions has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM9127D1ZK | Gujarat | Active | 01 Jul 2017 |
| 27AAICM9127D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mylab Lifesolutions Private Limited, buy the company report.
Recent activity
Mylab Lifesolutions Private Limited has 11 board changes on record since 2013: 5 appointments and 6 cessations. The latest: Chetan Sohanraj Rawal ceased to be Additional Director on 29 Sep 2023.
AGM
Mylab Lifesolutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mylab Lifesolutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Chetan Sohanraj Rawal ceased to be Additional Director.
Ceased
Pratima Shailendra Kawade ceased to be Additional Director.
Appointed
Chetan Sohanraj Rawal was appointed as Director.
Appointed
Pratima Shailendra Kawade was appointed as Director.
Charges
A charge registered on 13 Oct 2017 via Charge ID 100139826 with Others was fully satisfied on 20 Oct 2021.
Charges
A charge registered on 31 Jul 2016 via Charge ID 100059905 with Others was fully satisfied on 16 Mar 2021.
Charges
A charge registered on 19 Jul 2018 via Charge ID 100220451 with Others was fully satisfied on 02 Mar 2021.
Ceased
Shailendra Balasaheb Kawade ceased to be Director.
Charges
A charge with Others amounted to Rs. 250.00 Lakh with Charge ID 100220451 was registered on 19 Jul 2018.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100139826 was registered on 13 Oct 2017.
8 earlier events are in the company report.
Frequently asked questions
Mylab Lifesolutions is an active private limited company based in Pune, Maharashtra, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 11 November 2013 (13+ years old) and is registered under CIN U24233PN2013PTC149404.
Mylab Lifesolutions has 5 current directors:
- Shailendra Balasaheb Kawade - Managing Director
- Rahul Subhash Patil - Director
- Chetan Sohanraj Rawal - Director
- Pratima Shailendra Kawade - Director
- Hasmukh Sohanraj Rawal - Director
The latest financial statements of Mylab Lifesolutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Mylab Lifesolutions is 24AAICM9127D1ZK, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAICM9127D1ZE (Maharashtra).
The CIN (Corporate Identification Number) of Mylab Lifesolutions is U24233PN2013PTC149404. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mylab Lifesolutions has 5 court cases on record: 5 filed against it. 1 is pending.
Mylab Lifesolutions was incorporated on 11 November 2013, making it 13+ years old. It is registered with the Registrar of Companies, Pune.
Chetan Sohanraj Rawal ceased to be Additional Director on 29 Sep 2023. Pratima Shailendra Kawade ceased to be Additional Director on 29 Sep 2023. Chetan Sohanraj Rawal was appointed as Director on 19 Jul 2023. Mylab Lifesolutions has 11 board changes on record in total.
Yes, Mylab Lifesolutions is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0260942).
Mylab Lifesolutions has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 48 overdue payments to 6 micro and small suppliers. The latest return was filed on 09 Jun 2019.
Mylab Lifesolutions can be reached through the website mylablifesolutions.com. Its registered office is in Pune, Maharashtra, India.