About Novateor Research Laboratories Limited
Data last updated: 14 July 2026
Novateor Research Laboratories Limited is a public limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It specialises in personal care and skincare products, a part of the broader FMCG sector. Incorporated on 01 April 2011, the company has been in operation for over 15 years.
Registered with ROC Ahmedabad under CIN L24230GJ2011PLC064731. Listed on BSE: 542771.
Capital: an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.05 Cr. Formerly known as Novateor Research Laboratories Private Limited. It is led by directors including Jitin Jaysukh Doshi and Navdeep Mehta.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1026 Dev Atelier Opp. Dev Auram Anandnagar Cross Road 100 Feet Ring Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per BSE-filed standalone financials for FY 2026, the company reported a revenue of ₹3.83 Cr, a growth of 37.81% compared to the previous year. The net worth stands at ₹11.2 Cr (up 131.72% YoY). Total assets are valued at ₹14.26 Cr (up 13.07% YoY).
The company is associated with 1 brand - Smiloshine. As per MCA filings, the company has open charges of ₹90 Lakh and satisfied charges of ₹4.56 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website smiloshine.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address1026 Dev Atelier Opp. Dev Auram Anandnagar Cross Road 100 Feet Ring Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
-
IndustryFMCG, Personal Care & Skincare Products
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Novateor Research Laboratories Limited
Novateor Research Laboratories Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L24230GJ2011PLC064731, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24230GJ2011PLC064731 | Current |
| U24230GJ2011PLC064731 | Previous |
| U24230GJ2011PTC064731 | Previous |
Associated Brands with Novateor Research Laboratories Limited
Novateor Research Laboratories Limited operates one associated brand: SmiloShine. These brands represent Novateor Research Laboratories Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers effective teeth whitening and oral care solutions for daily use. | smiloshine.com |
Competitors & Alternatives of Novateor Research Laboratories Limited
Brands and companies operating in the same space as Novateor Research Laboratories Limited include Perfora, Salt Oral Care, Habbits and 3 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Perfora
|
Oral hygiene products are provided by an internet-first brand. | Gurugram, India, India | 2021 |
Salt Oral Care
|
Provider of oral care and hygiene products | Mumbai, India, India | 2023 |
Habbits
|
Natural oral care and teeth-whitening products are offered. | Gurugram, India, India | 2022 |
Spicta
|
Natural and organic oral care products are provided by Spicta. | Mumbai, India, India | 2022 |
Sippline
|
Provides drinking shields and portable tissues for hygiene and protection needs. | Pune, India, India | 2020 |
The Molarbear
|
Runs a direct-to-consumer brand offering oral care products. | Delhi, India, India | 2018 |
Business Activity of Novateor Research Laboratories Limited
Novateor Research Laboratories Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | Locked |
Business activity turnover details for Novateor Research Laboratories Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Novateor Research Laboratories Limited
Novateor Research Laboratories Limited is audited by M/s H K Shah & CO (ICAI peer reviewed, certificate valid till 2026-10-31) for the financial year 2026, as reported in its BSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| M/s H K Shah & CO (ICAI peer reviewed, certificate valid till 2026-10-31) | FY 2026 | Statement on impact of audit qualification |
Board of Directors and KMP of Novateor Research Laboratories Limited
Novateor Research Laboratories Limited currently reports 6 directors and 1 key managerial person. 11 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitin Jaysukh Doshi | Director | 01 Sep 2022 | 4 Years 0 Months | Current |
|
Navdeep Mehta
Also directs:
Novateor Research Laboratories Limited
|
Managing Director | 01 Apr 2011 | 15 Years 5 Months | Current |
|
Pooja Bafna
Also directs:
Novateor Research Laboratories Limited
|
Company Secretary | 25 Nov 2025 | 0 Years 9 Months | Current |
|
Anil Tilakraj Arora
Also directs:
Novateor Research Laboratories Limited, Laxmi Dental Limited, Denteasy Healthcare Private Limited and 2 more
|
Director | 03 Sep 2025 | 1 Years 0 Months | Current |
|
Hiral Nischal Bane
Also directs:
Novateor Research Laboratories Limited, Heeral International Llp, Eco-Gen Equipment Llp and 2 more
|
Director | 29 Aug 2024 | 2 Years 0 Months | Current |
| Imran Zuber Khan | Director | 29 Aug 2024 | 2 Years 0 Months | Current |
Financials of Novateor Research Laboratories Limited FY 2026 filings available
Novateor Research Laboratories Limited reported revenue of ₹3.83 Cr (up 37.81% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3.83 Cr | ₹2.78 Cr | ₹1.21 Cr | ₹1.26 Cr | ₹74.19 Lakh | ₹18.78 Lakh | ₹39.48 Lakh |
| Other Income | ₹48.88 Lakh | ₹47.58 Lakh | ₹48.56 Lakh | ₹48.98 Lakh | ₹48.43 Lakh | ₹44.4 Lakh | ₹26.83 Lakh |
| Total Income | ₹4.32 Cr | ₹3.25 Cr | - | - | - | - | - |
| Cost of Materials Consumed | ₹2.8 Cr | ₹1.93 Cr | ₹1.08 Cr | ₹98.25 Lakh | ₹57.78 Lakh | ₹23.76 Lakh | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹13.03 Lakh |
| Changes in Inventories | -₹28.01 Lakh | -₹7.32 Lakh | -₹13.47 Lakh | -₹1.81 Lakh | -₹4.97 Lakh | -₹2.5 Lakh | ₹12.05 Lakh |
| Employee Benefit Expense | ₹72.16 Lakh | ₹54.82 Lakh | ₹31.69 Lakh | ₹38.51 Lakh | ₹22.17 Lakh | ₹16.4 Lakh | ₹16.2 Lakh |
| Finance Costs | ₹8.58 Lakh | ₹7.12 Lakh | ₹2.85 Lakh | ₹2.71 Lakh | ₹6,000 | ₹17,000 | ₹84,000 |
| Other Expenses | ₹68.73 Lakh | ₹49.83 Lakh | ₹27.86 Lakh | ₹24.8 Lakh | ₹17.76 Lakh | ₹14.09 Lakh | ₹11.96 Lakh |
| Total Expenses | ₹4.2 Cr | ₹3.14 Cr | ₹1.65 Cr | ₹1.71 Cr | ₹1.01 Cr | ₹61.53 Lakh | ₹63.65 Lakh |
| Profit Before Tax | ₹11.35 Lakh | ₹11.32 Lakh | ₹4.64 Lakh | ₹3.95 Lakh | -₹26.02 Lakh | ₹1.65 Lakh | ₹2.66 Lakh |
| Total Tax Expense | ₹1.23 Lakh | ₹3.14 Lakh | ₹1.7 Lakh | ₹29,000 | -₹3.19 Lakh | ₹47,000 | ₹3.45 Lakh |
| Net Profit | ₹10.12 Lakh | ₹8.18 Lakh | ₹2.94 Lakh | ₹3.66 Lakh | -₹22.83 Lakh | ₹1.18 Lakh | -₹79,000 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Total Assets | ₹14.26 Cr | ₹12.61 Cr | ₹10.46 Cr | ₹8.9 Cr | ₹8.14 Cr | ₹8.97 Cr | ₹8.79 Cr |
| Non-current Assets | ₹3.31 Cr | ₹3.48 Cr | ₹2.94 Cr | ₹2.27 Cr | ₹2.04 Cr | ₹3.49 Cr | ₹3.65 Cr |
| Current Assets | ₹10.95 Cr | ₹9.14 Cr | ₹7.52 Cr | ₹6.63 Cr | ₹6.1 Cr | ₹5.49 Cr | ₹5.14 Cr |
| Property, Plant & Equipment | ₹3.24 Cr | ₹3.41 Cr | - | - | - | - | - |
| Inventories | ₹1.05 Cr | ₹77.1 Lakh | ₹69.8 Lakh | ₹56.32 Lakh | ₹49.95 Lakh | ₹48.76 Lakh | ₹47.52 Lakh |
| Cash & Equivalents | ₹46.82 Lakh | ₹26.61 Lakh | ₹8.95 Lakh | ₹22.22 Lakh | ₹47.52 Lakh | ₹65.86 Lakh | ₹69.37 Lakh |
| Equity (Net Worth) | ₹11.2 Cr | ₹4.83 Cr | - | - | - | - | - |
| Current Liabilities | ₹2.39 Cr | ₹1.63 Cr | ₹1.2 Cr | ₹32.62 Lakh | ₹5.16 Lakh | ₹11 Lakh | ₹5.19 Lakh |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | -₹18.32 Lakh | -₹93.69 Lakh | -₹45.72 Lakh | -₹49.57 Lakh | -₹96.98 Lakh |
| Investing Cash Flow | -₹50.37 Lakh | -₹22.16 Lakh | -₹74.97 Lakh | ₹29.94 Lakh | ₹91.24 Lakh |
| Financing Cash Flow | ₹88.91 Lakh | ₹1.34 Cr | ₹1.07 Cr | ₹41.84 Lakh | -₹12.61 Lakh |
| Capital Expenditure | ₹1.84 Lakh | ₹69.64 Lakh | - | - | - |
| Free Cash Flow (computed) | -₹20.16 Lakh | -₹1.63 Cr | - | - | - |
| Dividends Paid | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Change in Cash | ₹20.22 Lakh | ₹17.68 Lakh | -₹13.26 Lakh | ₹22.21 Lakh | -₹18.35 Lakh |
Shareholding Pattern of Novateor Research Laboratories Limited
As per the shareholding pattern filed with BSE for the quarter ended Mar 2026, promoters hold 50.75%, retail and other public shareholders hold 49.25% of Novateor Research Laboratories Limited. The company had 172 shareholders on record.
| Mar 2026 | Sep 2025 | Mar 2025 | Sep 2024 | Mar 2024 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Promoters | 50.75% | 50.90% | 60.87% | 60.87% | 60.87% | 60.87% |
| Public | 49.25% | 49.10% | 39.13% | 39.13% | 39.13% | 39.13% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | |
|---|---|---|---|---|---|---|
| Promoters | 50.75% | 60.87% | 60.87% | 60.87% | 60.87% | 60.87% |
| Public | 49.25% | 39.13% | 39.13% | 39.13% | 39.13% | 39.13% |
| Promoter change (YoY, %pts) | -10.12 | +0.00 | +0.00 | +0.00 | +0.00 | - |
Charges & Borrowings of Novateor Research Laboratories Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2025 | Others | ₹90 Lakh | Open |
| 25 Jan 2023 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.96 Cr | Satisfied |
| 25 Jan 2023 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.16 Cr | Satisfied |
| 31 Aug 2016 | Others | ₹38 Lakh | Satisfied |
| 27 Aug 2012 | The Cosmos Co-Operative Bank Ltd. | ₹1.06 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Novateor Research Laboratories Limited
View historical data on people associated with Novateor Research Laboratories Limited, including employment history and EPFO contributions.
Employee and EPFO history for Novateor Research Laboratories Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Novateor Research Laboratories Limited
GST registrations and filing compliance for Novateor Research Laboratories Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Novateor Research Laboratories Limited
Credit ratings, litigation, and regulatory alerts for Novateor Research Laboratories Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Novateor Research Laboratories Limited
MSME payment history for Novateor Research Laboratories Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Novateor Research Laboratories Limited
Corporate group structure for Novateor Research Laboratories Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Novateor Research Laboratories Limited
MCA filings and documents for Novateor Research Laboratories Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Novateor Research Laboratories Limited
Frequently Asked Questions about Novateor Research Laboratories Limited
Novateor Research Laboratories Limited is an active public limited company in the FMCG sector based in Ahmedabad, Gujarat, India. It was incorporated on 01 April 2011 (15+ years old) and is registered under CIN L24230GJ2011PLC064731. Listed on BSE: 542771.
Novateor Research Laboratories Limited reported revenue of ₹3.83 Cr for FY 2026 (up 37.81% YoY) based on standalone BSE filings.
The current directors and KMP of Novateor Research Laboratories Limited are:
- Jitin Jaysukh Doshi - Director
- Navdeep Mehta - Managing Director
- Pooja Bafna - Company Secretary
- Anil Tilakraj Arora - Director
- Hiral Nischal Bane - Director
- Imran Zuber Khan - Director
- Bhavya Himanshu Doshi - Director
The primary industry of Novateor Research Laboratories Limited is FMCG. The company specifically operates in personal care and skincare products. The company is currently active in this sector.
Yes. Novateor Research Laboratories Limited is listed on BSE with code 542771.
Yes, Novateor Research Laboratories Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).