DPIIT recognised startup Government of India
Startup India
Phystech Labs Private Limited
Phystech Labs Private Limited - business services in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹3.22 Lakh
▼ 77% YoY
Net profit · FY 2024
₹9,346
Net margin 2.9%
EBITDA · FY 2024
₹16,016
EBITDA margin 5%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
Active GSTINs
2
GST registered
About Phystech Labs Private Limited
Data last updated:
Phystech Labs Private Limited is a private limited company based in Rajkot, Gujarat, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the business services sector. It was incorporated on 14 December 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2020PTC118839. Its GSTIN is 27AALCP6556C1Z7 (Maharashtra). 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 Harshant Vasantrai Sanghvi and Shreyas Harshant Sanghvi.
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 Ff 11 Bhola Arked Lohanapara Main Road Village Rajkot (M Corp/Og) Tal Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.22 Lakh, a decline of 77% compared to the previous year. For the same year it recorded a net profit of ₹9,346 (net margin 2.9%) and EBITDA of ₹16,016 (EBITDA margin 5%).
Company details
CIN U74999GJ2020PTC118839
Registration Number 118839
Incorporation Date 14 December 2020
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Phystech Labs
Contact details
Phystech Labs Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressFf 11 Bhola Arked Lohanapara Main Road Village Rajkot (M Corp/Og) Tal Rajkot, Gujarat, India – 360001
- IndustryBusiness Services, Other Services, Miscellaneous Business Activities
To see the full contact details of Phystech Labs Private Limited, buy the company report.
Comprehensive company report
Phystech Labs 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
Business activity
The main business activity of Phystech Labs is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities |
To see the full business activity and turnover split of Phystech Labs Private Limited, buy the company report.
Financials of Phystech Labs Private Limited
FY 2025 filings availablePhystech Labs Private Limited reported revenue of ₹3.22 Lakh (down 77% YoY) for FY 2024.
Revenue · FY 2024
₹3.22 Lakh ▼ 77%
Net profit · FY 2024
₹9,346 margin 2.9%
EBITDA · FY 2024
₹16,016 margin 5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 77%
EBITDA CAGR growth
1 year
▲ 130%
3 years · compounded
▲ 33%
Revenue fell 77% in the latest year. EBITDA rose 130% 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 |
|---|---|---|---|---|
| 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 | ₹16,016 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹9,346 | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | |||
| Net Profit Margin | 2.9% | |||
| 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 Phystech Labs Private Limited, buy the company report.
Board of directors of Phystech Labs Private Limited
Phystech Labs has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harshant Vasantrai Sanghvi | Director | 26 Apr 2022 | 4 Years 5 Months | Current |
| Shreyas Harshant Sanghvi | Director | 14 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Phystech Labs Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other hospital and medical care activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cali Health Care Resources Private Limited | ₹3.24 Lakh (FY 2024) | 17.0% | Punjab, India | |||
| Readymedi Care Private Limited | ₹3.23 Lakh (FY 2023) | -9.0% | Gurgaon, Haryana, India | |||
| An-Vision ( India ) Private Limited | ₹3.23 Lakh (FY 2025) | -87.0% | Pune, Maharashtra, India | |||
| Pathtest Labs (OPC) Private Limited | ₹3.23 Lakh (FY 2025) | -83.0% | Delhi, India | |||
| BRG Medical Institute | ₹3.23 Lakh (FY 2024) | 36.0% | Vadodara, Gujarat, India | |||
| Phystech Labs Private Limitedthis company | ₹3.22 Lakh (FY 2024) | ₹9,346 | 2.9% | -77.0% | Rajkot, Gujarat, India | |
| Maa Chiragu Hospitality and Health Private Limited | ₹3.2 Lakh (FY 2024) | Sujalpur, Madhya Pradesh, India | ||||
| Medquickk Health Services Private Limited | ₹3.2 Lakh (FY 2023) | Kolkata, West Bengal, India | ||||
| Shetty Health Services Pvt Ltd | ₹3.2 Lakh (FY 2025) | -1.0% | Mumbai, Maharashtra, India | |||
| Semitic Laboratories Private Limited | ₹3.2 Lakh (FY 2024) | -68.0% | Delhi, India | |||
| Earthners Fanddc Foundation | ₹3.2 Lakh (FY 2024) | 8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Phystech Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Phystech Labs Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Phystech Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Phystech Labs Private Limited has 1 active EPFO establishment as of Apr 10, 2024.
Active EPFO establishments
1
GST
Phystech Labs has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AALCP6556C1Z7 | Maharashtra | Active | 28 Dec 2020 |
| 29AALCP6556C1Z3 | Karnataka | Active | 19 Nov 2022 |
To see the full GST registrations and return filing status of Phystech Labs Private Limited, buy the company report.
Recent activity
Phystech Labs Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Harshant Vasantrai Sanghvi ceased to be Additional Director on 30 Sep 2022.
AGM
Phystech Labs Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Phystech Labs Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Harshant Vasantrai Sanghvi ceased to be Additional Director.
Appointed
Harshant Vasantrai Sanghvi was appointed as Director.
Ceased
Parag Madhukar Kamble ceased to be Director.
Appointed
Shreyas Harshant Sanghvi was appointed as Director.
Incorporation
14 Dec 2020
Phystech Labs Private Limited was registered on 14 Dec 2020 with Roc Ahmedabad & aged 5 years 10 months as per MCA records.
Frequently asked questions
Phystech Labs is an active private limited company based in Rajkot, Gujarat, India. The company works in other services, within the business services industry. It was incorporated on 14 December 2020 (6+ years old) and is registered under CIN U74999GJ2020PTC118839.
Phystech Labs has 2 current directors:
- Harshant Vasantrai Sanghvi - Director
- Shreyas Harshant Sanghvi - Director
The latest financial statements of Phystech Labs 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 FY 2021 are in the company report.
The GSTIN of Phystech Labs is 27AALCP6556C1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AALCP6556C1Z3 (Karnataka).
The CIN (Corporate Identification Number) of Phystech Labs is U74999GJ2020PTC118839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Phystech Labs was incorporated on 14 December 2020, making it 6+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Phystech Labs by revenue are Cali Health Care Resources Private Limited, Readymedi Care Private Limited, An-Vision ( India ) Private Limited, Pathtest Labs (OPC) Private Limited, BRG Medical Institute and 5 more, all in the same principal business activity (other hospital and medical care activities).
Harshant Vasantrai Sanghvi ceased to be Additional Director on 30 Sep 2022. Harshant Vasantrai Sanghvi was appointed as Director on 26 Apr 2022. Parag Madhukar Kamble ceased to be Director on 26 Apr 2022. Phystech Labs has 4 board changes on record in total.
Yes, Phystech Labs is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
The registered office of Phystech Labs is at Ff 11 Bhola Arked Lohanapara Main Road Village Rajkot M CorpOg Tal Rajkot, Gujarat, India – 360001.
Phystech Labs operates in the business services industry, in the other services segment.