Servicare Labs Private Limited
About Servicare Labs Private Limited
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Servicare Labs Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 09 August 1982 and has been in existence for over 44 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA1982PTC004869. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.52 Lakh. It is led by directors Anilkumar Singh and Abhishek Dugar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at No.234 7th A Cross Shastry Nagar T R Nagar Bangalore, Karnataka, India – 560028.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.05 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.12 Lakh (net margin 1.1%) and EBITDA of -₹28.16 Lakh (EBITDA margin -26.9%). Revenue has declined at a compounded annual rate (CAGR) of 37% over three years.
As per MCA filings, the company has open charges of ₹3.5 Cr on record. Court records list 7 cases involving the company, including 4 filed by the company and 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Servicare Labs Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo.234 7th A Cross Shastry Nagar T R Nagar Bangalore, Karnataka, India – 560028
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Servicare 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
Financials of Servicare Labs Private Limited
FY 2021 filings availableServicare Labs Private Limited reported revenue of ₹1.05 Cr (up 551% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 551% in the latest year, though over three years it has declined at a compounded annual rate (CAGR) of 37%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.05 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹28.16 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.12 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26.9% | ||||
| Net Profit Margin | 1.1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Servicare Labs Private Limited, buy the company report.
Board of directors of Servicare Labs Private Limited
Servicare Labs has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anilkumar Singh | Additional Director | 01 Jul 2021 | 5 Years 4 Months | Current |
| Abhishek Dugar | Additional Director | 10 Jul 2019 | 7 Years 4 Months | Current |
Auditor
Servicare Labs Private Limited is audited by V D BUSA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V D BUSA & CO | FY 2018 | 130901W |
Shareholding
The shareholding of Servicare Labs 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 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Servicare Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Jul 2010 | 10234751 | Canara Bank | ₹4.85 Lakh | Open | |
| 03 Nov 2009 | 10187435 | Axis Bank Limited | ₹3.45 Cr | Open |
To see the full charge records of Servicare Labs Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Servicare Labs Private Limited has 7 court cases on record: 4 filed by Servicare Labs, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 3 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by M/S Micro Labs Limited | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Secu. Case) | Filed against the company by Axis Bank Ltd Th Mr Ravindra More | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against The State and Suleman Chambers Coop. HSG. Society Ltd. - Respondents | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI APPEAL) | Filed by the company against The State of Maharashtra and Suleman Chambers Cop.Op. HSG. Soc. Ltd. - Respondent | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI M A) | Filed by the company against The State of Maharashtra and Suleman Chambers Cop.Op. HSG. Soc. Ltd. - Respondent | Disposed |
To see the full case history of Servicare Labs 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 Servicare Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Servicare Labs has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Servicare Labs Private Limited, buy the company report.
Recent activity
Servicare Labs Private Limited has 8 board changes on record since 2011: 2 appointments and 6 cessations. The latest: Anilkumar Singh was appointed as Additional Director on 01 Jul 2021.
2 earlier events are in the company report.
Frequently asked questions
Servicare Labs is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 09 August 1982 (44+ years old) and is registered under CIN U24231KA1982PTC004869.
Servicare Labs has 2 current directors:
- Anilkumar Singh - Additional Director
- Abhishek Dugar - Additional Director
The latest financial statements of Servicare Labs on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
No. Servicare Labs has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Servicare Labs is U24231KA1982PTC004869. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Servicare Labs has 7 court cases on record: 4 filed by the company and 3 filed against it.
Servicare Labs was incorporated on 09 August 1982, making it 44+ years old. It is registered with the Registrar of Companies, Bangalore.
Anilkumar Singh was appointed as Additional Director on 01 Jul 2021. Aashish Vijay Dugar ceased to be Director on 30 Jun 2021. Abhishek Dugar was appointed as Additional Director on 10 Jul 2019. Servicare Labs has 8 board changes on record in total.
The registered office of Servicare Labs is at No.234 7th A Cross Shastry Nagar T R Nagar Bangalore, Karnataka, India – 560028.
Servicare Labs operates in the healthcare industry, in the medical and laboratory equipment segment.
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