About Pharmalab Financial Services Private Limited
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Pharmalab Financial Services Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 27 August 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH1999PTC121504. Its GSTIN is 27AABCP7841A2ZM (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.26 Lakh. It was formerly known as Pharmalab Packaging Systems Private Limited. It is led by directors Jay Kirit Shah and Karnik Kantilal Parikh.
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 Kasturi 3rd Floor Sanghvi Estate Govandi Station Road Govandi (East), Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.86 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net profit of ₹1.83 Cr (net margin 63.8%) and EBITDA of ₹2.19 Cr (EBITDA margin 76.6%). Revenue has grown at a compounded annual rate (CAGR) of 17% over three years and 16% over five years.
The company has about 1 employee on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹1.32 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pharmalab.com.
Company details
CIN history
Pharmalab Financial Services has one previous CIN (Corporate Identification Number): U29195MH1999PTC121504. The current CIN is U74900MH1999PTC121504, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900MH1999PTC121504 | Current |
| U29195MH1999PTC121504 | Previous |
Contact details
Pharmalab Financial Services Private Limited's registered office is in Mumbai, Maharashtra. Its website is pharmalab.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressKasturi 3rd Floor Sanghvi Estate Govandi Station Road Govandi (East), Mumbai, Maharashtra, India – 400088
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Pharmalab Financial Services 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
Business activity
The main business activities of Pharmalab Financial Services are financial and insurance activities and real estate activities. In detail, this covers activities auxiliary to financial service and insurance activities and real estate activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities | |
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Pharmalab Financial Services Private Limited, buy the company report.
Financials of Pharmalab Financial Services Private Limited
FY 2025 filings availablePharmalab Financial Services Private Limited reported revenue of ₹2.86 Cr (down 20% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 16%. EBITDA fell 23% 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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| EBITDA | ₹2.19 Cr | ||||
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| Net Profit (PAT) | ₹1.83 Cr | ||||
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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 | 76.6% | ||||
| Net Profit Margin | 63.8% | ||||
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To see the full financial statements and ratios of Pharmalab Financial Services Private Limited, buy the company report.
Board of directors of Pharmalab Financial Services Private Limited
Pharmalab Financial Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Kirit Shah Also directs: Pharmalab India Private Limited. | Director | 25 Oct 2023 | 3 Years 0 Months | Current |
| Karnik Kantilal Parikh Also directs: Pharmalab India Private Limited. | Director | 27 Aug 1999 | 27 Years 2 Months | Current |
Peer comparison
Pharmalab Financial Services Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Other Financial Services), with the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Windmere India Private Limited | ₹2.87 Cr (FY 2025) | 1490.0% | Mumbai, Maharashtra, India | |||
| Pharmalab Financial Services Private Limitedthis company | ₹2.86 Cr (FY 2025) | ₹1.83 Cr | 63.8% | -20.0% | 1 | Mumbai, Maharashtra, India |
| Phillip (India) Private Limited | ₹2.86 Cr (FY 2025) | 40.0% | Mumbai, Maharashtra, India | |||
| Riviera Finvestrade Limited | ₹2.85 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Pharmalab Financial Services Private Limited, buy the company report.
Auditor
Pharmalab Financial Services Private Limited is audited by GIRISH BAVISHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRISH BAVISHI & CO | FY 2019 | 103204W |
Shareholding
The shareholding of Pharmalab Financial Services Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Pharmalab Financial Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2005 | 80041531 | Canara Bank | ₹75 Lakh | Satisfied | |
| 25 Jul 2004 | 90235068 | Canara Bank | ₹40 Lakh | Satisfied | |
| 14 Nov 2000 | 90234707 | Canara Bank | ₹15 Lakh | Satisfied | |
| 31 Aug 2000 | 90234686 | Canara Bank | ₹2.4 Lakh | Satisfied |
To see the full charge records of Pharmalab Financial Services Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Pharmalab Financial Services Private Limited has 4 court cases on record: 1 filed by Pharmalab Financial Services, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, GANDHINAGAR, Gujarat | Court case (CMA DC) | Filed against the company by individuals | Disposed |
| District court, Thane, Maharashtra | Court case (R.C.A.) | Filed against the company by an individual | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| Bombay High Court | Company petition | Filed by the company against Filtech Pharmalab Pvt.Ltdwith Pharmalab Packaging Systems Pvt.Ltd. | Disposed |
To see the full case history of Pharmalab Financial Services 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 Pharmalab Financial Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Pharmalab Financial Services has 1 subsidiary company. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| PL Filtration Private Limited | U29297GJ2000PTC038909 |
To see the full group structure of Pharmalab Financial Services Private Limited, buy the company report.
Employees & EPFO
Pharmalab Financial Services Private Limited has a workforce of 1 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Pharmalab Financial Services Private Limited, buy the company report.
GST
Pharmalab Financial Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP7841A2ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Pharmalab Financial Services Private Limited, buy the company report.
Recent activity
Pharmalab Financial Services Private Limited has 6 board changes on record since 1999: 2 appointments and 4 cessations. The latest: Nitin Purushottam Shah ceased to be Director on 01 Oct 2025.
8 earlier events are in the company report.
Frequently asked questions
Pharmalab Financial Services is an active private limited company based in Mumbai, Maharashtra, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 27 August 1999 (27+ years old) and is registered under CIN U74900MH1999PTC121504.
Pharmalab Financial Services has 2 current directors:
- Jay Kirit Shah - Director
- Karnik Kantilal Parikh - Director
The latest financial statements of Pharmalab Financial Services 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 Pharmalab Financial Services is 27AABCP7841A2ZM, registered in Maharashtra. 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 Pharmalab Financial Services is U74900MH1999PTC121504. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Pharmalab Financial Services has 4 court cases on record: 1 filed by the company and 3 filed against it. Most are in the district courts.
Pharmalab Financial Services was incorporated on 27 August 1999, making it 27+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Pharmalab Financial Services by revenue are Windmere India Private Limited, Phillip (India) Private Limited, Riviera Finvestrade Limited, all in the BFSI industry (Other Financial Services), with the same principal business activity (activities auxiliary to financial service and insurance activities).
Nitin Purushottam Shah ceased to be Director on 01 Oct 2025. Jay Kirit Shah ceased to be Additional Director on 29 Sep 2024. Jay Kirit Shah was appointed as Director on 25 Oct 2023. Pharmalab Financial Services has 6 board changes on record in total.
Pharmalab Financial Services can be reached through the website pharmalab.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Pharmalab Financial Services is at Kasturi 3rd Floor Sanghvi Estate Govandi Station Road Govandi East, Mumbai, Maharashtra, India – 400088.
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