- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0005152

About QV Labs Private Limited
Data last updated:
QV Labs Private Limited is a private limited company based in Ankleshwar, Gujarat, India. It operates in the organic chemicals and compounds segment of the chemicals and materials sector. It was incorporated on 28 June 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24233GJ2006PTC048583. Its GSTIN is 24AAACQ1394C1ZT (Gujarat).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Ajitkumar Shantilal Shah and Pravin Shantilal Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 4616 GIDC, Ankleshwar, Gujarat, India – 393002.
As per the financials filed for FY 2026, the company reported a revenue of ₹22.49 Cr, a decline of 38% compared to the previous year. For the same year it recorded a net profit of ₹4.46 Cr (net margin 19.8%) and EBITDA of ₹6.96 Cr (EBITDA margin 30.9%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
The company has about 43 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: QV Labs. As per MCA filings, the company has satisfied charges of ₹4 Cr on record.
QV Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0005152). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qvlab.com.
Company details
Recognitions & Rankings of QV Labs
Contact details
QV Labs Private Limited's registered office is in Ankleshwar, Gujarat. Its website is qvlab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 4616 GIDC, Ankleshwar, Gujarat, India – 393002
- IndustryChemicals and Materials, Organic Chemicals & Compounds
To see the full contact details of QV Labs 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 activity of QV Labs is manufacturing. In detail, this covers manufacture of chemicals and chemical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 20 | Manufacture of chemicals and chemical products |
To see the full business activity and turnover split of QV Labs Private Limited, buy the company report.
Financials of QV Labs Private Limited
FY 2026 filings availableQV Labs Private Limited reported revenue of ₹22.49 Cr (down 38% YoY) for FY 2026.
Compounded Annual Growth Rate (CAGR)
Revenue fell 38% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 64% 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 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹22.49 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.96 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.46 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 30.9% | ||||
| Net Profit Margin | 19.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of QV Labs Private Limited, buy the company report.
Board of directors of QV Labs Private Limited
QV Labs has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajitkumar Shantilal Shah Also directs: Mahadi Organics Private Limited | Director | 28 Jun 2006 | 20 Years 4 Months | Current |
| Pravin Shantilal Shah Also directs: Mahadi Organics Private Limited | Director | 28 Jun 2006 | 20 Years 4 Months | Current |
Auditor
QV Labs Private Limited is audited by MANOJ C. SHAH & ASSOCIATES for the financial year 2026.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MANOJ C. SHAH & ASSOCIATES | FY 2026 | 106017W |
Shareholding
The shareholding of QV Labs Private Limited is on record for 5 financial years, the latest being FY 2026, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of QV Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Dec 2007 | 10083427 | Bank of Baroda | ₹2 Cr | Satisfied | |
| 28 Dec 2007 | 10083435 | Bank of Baroda | ₹2 Cr | Satisfied |
To see the full charge records of QV Labs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving QV 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
QV Labs Private Limited has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 6 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier |
To see the full MSME payment records of QV Labs Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
QV Labs Private Limited has a workforce of 43 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 | 43 |
| 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 QV Labs Private Limited, buy the company report.
GST
QV Labs has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACQ1394C1ZT | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of QV Labs Private Limited, buy the company report.
Recent activity
QV Labs Private Limited has 3 board changes on record since 2006: 2 appointments and 1 cessation. The latest: Dipti Shah ceased to be Director on 13 Apr 2017.
Frequently asked questions
QV Labs is an active private limited company based in Ankleshwar, Gujarat, India. The company works in organic chemicals and compounds, within the chemicals and materials industry. It was incorporated on 28 June 2006 (20+ years old) and is registered under CIN U24233GJ2006PTC048583.
QV Labs has 2 current directors:
- Ajitkumar Shantilal Shah - Director
- Pravin Shantilal Shah - Director
The latest financial statements of QV Labs on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of QV Labs is 24AAACQ1394C1ZT, registered in Gujarat.
The CIN (Corporate Identification Number) of QV Labs is U24233GJ2006PTC048583. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
QV Labs was incorporated on 28 June 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Dipti Shah ceased to be Director on 13 Apr 2017. Ajitkumar Shantilal Shah was appointed as Director on 28 Jun 2006. Pravin Shantilal Shah was appointed as Director on 28 Jun 2006.
Yes, QV Labs is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0005152).
QV Labs has 1 MSME Form 1 return on record for the period ending Jan 2019, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 28 May 2019.
QV Labs can be reached through the website qvlab.com. Its registered office is in Ankleshwar, Gujarat, India.
The registered office of QV Labs is at Plot No. 4616 GIDC, Ankleshwar, Gujarat, India – 393002.

