About QBD Research and Development Lab Private Limited
Data last updated:
QBD Research and Development Lab Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the pharma contract r and d segment of the pharmaceuticals sector. It was incorporated on 14 June 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U73100MH2012PTC232153. Its GSTIN is 27AAACQ2815J1ZG (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹50 Lakh. It is led by directors including Shrikant Vinayak Kulkarni and Bhakti Nilesh Dhamorikar.
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 Tssia House 2nd Floor Plot No. P – 26 Road No. 16/T Wagle Industrial Estate, Thane, Maharashtra, India – 400604.
As per the financials filed for FY 2025, the company reported a revenue of ₹21.58 Cr, a growth of 9% compared to the previous year. For the same year it recorded a net profit of ₹2.82 Cr (net margin 13.1%) and EBITDA of ₹7.21 Cr (EBITDA margin 33.4%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 21% over five years.
The company has about 92 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QbD Research. As per MCA filings, the company has open charges of ₹11.17 Cr and satisfied charges of ₹1.56 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 qbdresearch.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressTssia House 2nd Floor Plot No. P – 26 Road No. 16/T Wagle Industrial Estate, Thane, Maharashtra, India – 400604
- IndustryPharma, Pharma Contract R&D
- 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
- One PDF report, delivered after checkout
Business Activity of QBD Research and Development Lab Private Limited
The main business activity of QBD Research and Development Lab is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of QBD Research and Development Lab Private Limited FY 2025 filings available
QBD Research and Development Lab Private Limited reported revenue of ₹21.58 Cr (up 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of QBD Research and Development Lab Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 9% growth in the latest year. EBITDA rose 1% 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 of QBD Research and Development Lab Private Limited
| Metrics | FY 2024-25 | 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 | ₹7.21 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.82 Cr | •••• | •••• | •••• | •••• |
| 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 of QBD Research and Development Lab Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of QBD Research and Development Lab are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of QBD Research and Development Lab Private Limited
QBD Research and Development Lab Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Contract Research). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fusion Scientific Laboratories Private Limited | •••• | •••• | •••• | •••• | 101 | Navi Mumbai, Maharashtra, India |
| Dr.Reddy's Institute of Life Sciences | •••• | •••• | •••• | •••• | 94 | Hydererabad, Telangana, India |
| Bio-Scientific Research Laboratories (India) Private Limited | •••• | •••• | •••• | •••• | 118 | Thane, Maharashtra, India |
| Idrs Labs Private Limited | •••• | •••• | •••• | •••• | 83 | Bangalore, Karnataka, India |
| Trikona Pharmaceuticals Private Limited | •••• | •••• | •••• | •••• | 186 | Hyderabad, Telangana, India |
| QBD Research and Development Lab Private Limited this company | •••• | •••• | •••• | •••• | - | Thane, Maharashtra, India |
| Parexel International Clinical Research Private Limited | •••• | •••• | •••• | •••• | - | Bengaluru, Karnataka, India |
| W Health Studio India Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Pharvinex Chempharm Private Limited | •••• | •••• | •••• | •••• | 43 | Kota, Rajasthan, India |
| Synapse Labs Private Limited | •••• | •••• | •••• | •••• | 43 | Pune, Maharashtra, India |
| Anwita Drugs & Chemicals Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below QBD Research and Development Lab by revenue in the Pharma industry (Contract Research), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of QBD Research and Development Lab Private Limited
QBD Research and Development Lab Private Limited is audited by ANAND MUKUL ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANAND MUKUL ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of QBD Research and Development Lab Private Limited
QBD Research and Development Lab has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shrikant Vinayak Kulkarni Also directs: Dhyangyan Foundation | Director | 14 Jun 2012 | 14 Years 3 Months | Current |
| Bhakti Nilesh Dhamorikar | Director | 01 Aug 2015 | 11 Years 2 Months | Current |
| Nilesh Chandrashekhar Dhamorikar | Director | 14 Jun 2012 | 14 Years 3 Months | Current |
Ownership and Shareholding of QBD Research and Development Lab Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of QBD Research and Development Lab Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Mar 2022 | Sidbi | ₹3 Cr | Open |
| 23 Dec 2021 | Tjsb Sahakari Bank Limited | ₹26.45 Lakh | Open |
| 28 Jul 2021 | Sidbi | ₹2 Cr | Open |
| 03 Sep 2020 | Tjsb Sahakari Bank Limited | ₹1.1 Cr | Open |
| 04 Mar 2020 | Tjsb Sahakari Bank Limited | ₹90 Lakh | Open |
Total charge records: 13 View all charges
MSME Payment Delays by QBD Research and Development Lab Private Limited
QBD Research and Development Lab Private Limited has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,140 overdue payments to 34 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 34)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Saf Scientific Chemicals Private Limited | •••• | •••• | •••• |
| Zen Scientific Private Limited | •••• | •••• | •••• |
| B M Scientific Private Limited | •••• | •••• | •••• |
| Chromatopak Analytical Instrumentation (India) Pvt Ltd | •••• | •••• | •••• |
| Shah Enterprises | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 12 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with QBD Research and Development Lab Private Limited
QBD Research and Development Lab operates one associated brand: QbD Research. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Analytical services for pharmaceutical testing and regulatory compliance are provided in India. | qbdresearch.com |
Employees and EPFO Compliance at QBD Research and Development Lab Private Limited
QBD Research and Development Lab Private Limited has a workforce of 92 employees as of Mar 31, 2025.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on QBD Research and Development Lab Private Limited
QBD Research and Development Lab Private Limited has 5 board changes on record since 2012: 3 appointments and 2 cessations. The latest: Bhakti Nilesh Dhamorikar ceased to be Additional Director on 30 Sep 2015.
13 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for QBD Research and Development Lab Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of QBD Research and Development Lab Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of QBD Research and Development Lab Private Limited
QBD Research and Development Lab has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACQ2815J1ZG | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of QBD Research and Development Lab Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about QBD Research and Development Lab Private Limited
QBD Research and Development Lab is an active private limited company based in Thane, Maharashtra, India. The company works in pharma contract r and d, within the pharma industry. It was incorporated on 14 June 2012 (14+ years old) and is registered under CIN U73100MH2012PTC232153.
QBD Research and Development Lab reported revenue of ₹21.58 Cr for FY 2025 (up 9% YoY).
QBD Research and Development Lab has 3 current directors:
- Shrikant Vinayak Kulkarni - Director
- Bhakti Nilesh Dhamorikar - Director
- Nilesh Chandrashekhar Dhamorikar - Director
QBD Research and Development Lab reported a net profit of ₹2.82 Cr (net margin 13.1%) and EBITDA of ₹7.21 Cr (EBITDA margin 33.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of QBD Research and Development Lab is 16% over three years and 21% over five years. In the latest year (FY 2025) revenue rose 9%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of QBD Research and Development Lab is 27AAACQ2815J1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of QBD Research and Development Lab is U73100MH2012PTC232153. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
QBD Research and Development Lab was incorporated on 14 June 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of QBD Research and Development Lab by revenue are Fusion Scientific Laboratories Private Limited, Dr.Reddy's Institute of Life Sciences, Bio-Scientific Research Laboratories (India) Private Limited, Idrs Labs Private Limited, Trikona Pharmaceuticals Private Limited and 5 more, all in the Pharma industry (Contract Research).
Bhakti Nilesh Dhamorikar ceased to be Additional Director on 30 Sep 2015. Bhakti Nilesh Dhamorikar was appointed as Director on 01 Aug 2015. Manesh Ashok Dixit ceased to be Additional Director on 16 Jul 2012. QBD Research and Development Lab has 5 board changes on record in total.
QBD Research and Development Lab has 12 MSME Form 1 returns on record between 2019 and 2024, listing 1,140 overdue payments to 34 micro and small suppliers. The latest return was filed on 29 Apr 2024.
QBD Research and Development Lab can be reached through the website qbdresearch.com. Its registered office is in Thane, Maharashtra, India.