- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0085016

About SGL Labs Private Limited
Data last updated:
SGL Labs Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 26 April 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74994MH2007PTC170323. Its GSTIN is 27AAKCS8239G1ZX (Maharashtra). The company holds 14 GST registrations, of which 13 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Solitaire Gemological Laboratories Pvt.Ltd and Solitaire Gemological Laboratories Pvt.Ltd. It is led by directors including Miteshkumar Rameshkumar Soni and Shirin Bandukwalla.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹49.48 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹5.8 Cr (net margin 11.7%) and EBITDA of ₹14.08 Cr (EBITDA margin 28.5%). Revenue has grown at a compounded annual rate (CAGR) of 34% over three years and 16% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹31.22 Cr and satisfied charges of ₹5.95 Cr on record.
SGL Labs Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0085016). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sgl-labs.com.
Company details
Name history
SGL Labs has undergone 2 name changes throughout its history. The company was previously known as Solitaire Gemological Laboratories Pvt.Ltd, and Solitaire Gemological Laboratories Pvt.Ltd.. The current legal name is Sgl Labs Private Limited.
| Company Name | Status |
|---|---|
| SGL Labs Private Limited | Current |
| Solitaire Gemological Laboratories Pvt.Ltd | Previous |
| Solitaire Gemological Laboratories Pvt.Ltd. | Previous |
Recognitions & Rankings of SGL Labs
Contact details
SGL Labs Private Limited's registered office is in Mumbai, Maharashtra. Its website is sgl-labs.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB/405A The Capital G – Block Bandra Kurla Complex Behind Icici Bank Plot C – 70 B, Andra East, Mumbai, Maharashtra, India – 400051
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of SGL 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 SGL Labs is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of SGL Labs Private Limited, buy the company report.
Financials of SGL Labs Private Limited
FY 2024 filings availableSGL Labs Private Limited reported revenue of ₹49.48 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 18% 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
| 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 | ₹14.08 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.8 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 28.5% | ||||
| Net Profit Margin | 11.7% | ||||
| 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 SGL Labs Private Limited, buy the company report.
Board of directors of SGL Labs Private Limited
SGL Labs 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 |
|---|---|---|---|---|
| Miteshkumar Rameshkumar Soni | Director | 09 Dec 2022 | 3 Years 10 Months | Current |
| Shirin Bandukwalla Also directs: Diaverse Private Limited, SGL Labs (International) Private Limited | Director | 26 Apr 2007 | 19 Years 5 Months | Current |
| Chirag Arvindkumar Soni | Director | 13 Jul 2007 | 19 Years 3 Months | Current |
Auditor
SGL Labs Private Limited is audited by ASHWIN K SHAH CO LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASHWIN K SHAH CO LLP | FY 2023 | 100724W/W100223 |
Shareholding
The shareholding of SGL Labs Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of SGL Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Sep 2025 | 101178314 | Others | ₹4.88 Cr | Open | |
| 15 Jul 2025 | 101131040 | Others | ₹6.5 Cr | Open | |
| 13 Jun 2025 | 101117570 | Others | ₹10 Cr | Open | |
| 19 Mar 2024 | 100896961 | Others | ₹1 Cr | Open | |
| 06 Oct 2023 | 100856236 | Hdfc Bank Limited | ₹15 Lakh | Open |
To see the full charge records of SGL Labs Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
No court or tribunal cases involving SGL 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
SGL Labs Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 8 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 8)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Kraftech Prints LLP | |||
| Intermind Digital Solutions LLP | |||
| Asm Network | |||
| Durian Industries Limited | |||
| Prakruti Graphics Private Limited |
To see the full MSME payment records of SGL Labs Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
SGL Labs Private Limited has a workforce of 44 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
SGL Labs has 14 GST registrations: 13 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAKCS8239G1ZX | Maharashtra | Active | 01 Jul 2017 |
| 08AAKCS8239G1ZX | Rajasthan | Active | 01 Jul 2017 |
| 29AAKCS8239G1ZT | Karnataka | Active | 01 Jul 2017 |
| 32AAKCS8239G1Z6 | Kerala | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SGL Labs Private Limited, buy the company report.
Recent activity
SGL Labs Private Limited has 5 board changes on record since 2007: 3 appointments and 2 cessations. The latest: Miteshkumar Rameshkumar Soni ceased to be Additional Director on 28 Dec 2023.
6 earlier events are in the company report.
Frequently asked questions
SGL Labs is an active private limited company based in Mumbai, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 26 April 2007 (19+ years old) and is registered under CIN U74994MH2007PTC170323.
SGL Labs has 3 current directors:
- Miteshkumar Rameshkumar Soni - Director
- Shirin Bandukwalla - Director
- Chirag Arvindkumar Soni - Director
The latest financial statements of SGL Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of SGL Labs is 27AAKCS8239G1ZX, registered in Maharashtra. The company has 14 GST registrations in all, of which 13 are active and 1 is cancelled or inactive. Other active GSTINs include 08AAKCS8239G1ZX (Rajasthan), 29AAKCS8239G1ZT (Karnataka), 32AAKCS8239G1Z6 (Kerala).
The CIN (Corporate Identification Number) of SGL Labs is U74994MH2007PTC170323. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SGL Labs was incorporated on 26 April 2007, making it 19+ years old. It is registered with the Registrar of Companies, Mumbai.
Miteshkumar Rameshkumar Soni ceased to be Additional Director on 28 Dec 2023. Miteshkumar Rameshkumar Soni was appointed as Director on 09 Dec 2022. Chirag Arvindkumar Soni was appointed as Director on 13 Jul 2007. SGL Labs has 5 board changes on record in total.
Yes, SGL Labs is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0085016).
SGL Labs has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 8 overdue payments to 8 micro and small suppliers. The latest return was filed on 24 Jul 2019.
SGL Labs can be reached through the website sgl-labs.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of SGL Labs is at B405A The Capital G – Block Bandra Kurla Complex Behind Icici Bank Plot C – 70 B, Andra East, Mumbai, Maharashtra, India – 400051.