- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0025055

About Sigma Laboratories Private Limited
Data last updated:
Sigma Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 30 March 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85195MH1987PTC043007. Its GSTIN is 27AABCS4404L1ZC (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹17 Cr. It was formerly known as Sigma Laboratories Limited. It is led by directors Priya Dilip Coulagi (Whole-Time Director) and Kavita Dilip Coulagi (Whole-Time Director).
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 43(South ) R A Kidwai Rdwadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2025, the company reported a revenue of ₹38.91 Cr, a decline of 26% compared to the previous year. For the same year it recorded a net loss of ₹1.43 Cr (net margin -3.7%) and EBITDA of ₹3.51 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 11% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹41.78 Cr and satisfied charges of ₹110.25 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it.
Sigma Laboratories Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0025055). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sigmalab.in.
Company details
CIN history
Sigma Laboratories has one previous CIN (Corporate Identification Number): U85195MH1987PLC043007. The current CIN is U85195MH1987PTC043007, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85195MH1987PTC043007 | Current |
| U85195MH1987PLC043007 | Previous |
Recognitions & Rankings of Sigma Laboratories
Contact details
Sigma Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is sigmalab.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address43(South ) R A Kidwai Rdwadala, Mumbai, Maharashtra, India – 400031
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sigma Laboratories 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 Sigma Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Sigma Laboratories Private Limited, buy the company report.
Financials of Sigma Laboratories Private Limited
FY 2025 filings availableSigma Laboratories Private Limited reported revenue of ₹38.91 Cr (down 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 26% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 74% 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 |
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| EBITDA | ₹3.51 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.43 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9% | ||||
| Net Profit Margin | -3.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Sigma Laboratories Private Limited, buy the company report.
Board of directors of Sigma Laboratories Private Limited
Sigma Laboratories has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Priya Dilip Coulagi | Whole-Time Director | 03 Apr 2015 | 11 Years 6 Months | Current |
| Kavita Dilip Coulagi | Whole-Time Director | 14 Aug 2015 | 11 Years 2 Months | Current |
Peer comparison
Sigma Laboratories Private Limited is compared with the 7 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Forma Chem Pvt Ltd | ₹39.25 Cr (FY 2025) | -46.0% | Kolkata, West Bengal, India | |||
| Allegro Speciality Chemicals Private Limited | ₹38.95 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Sigma Laboratories Private Limitedthis company | ₹38.91 Cr (FY 2025) | -₹1.43 Cr | -3.7% | -26.0% | 18 | Mumbai, Maharashtra, India |
| Revinto Life Science Private Limited | ₹38.71 Cr (FY 2024) | 44.0% | Karwar, Karnataka, India | |||
| Ultra Laboratories Private Limited | ₹38.64 Cr (FY 2024) | 36.0% | Bangalore, Karnataka, India | |||
| Fortcaps Healthcare Limited | ₹38.39 Cr (FY 2025) | -7.0% | Gurgaon, Haryana, India | |||
| Bio Medica Laboratories Limited | ₹38.33 Cr (FY 2025) | 150.0% | Indore, Madhya Pradesh, India | |||
| Medicamen Organics Limited. | ₹38.28 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sigma Laboratories Private Limited, buy the company report.
Auditor
Sigma Laboratories Private Limited is audited by Dileep & Prithvi,Chartered Accountants for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Dileep & Prithvi,Chartered Accountants | FY 2023 | 122290W |
Shareholding
The shareholding of Sigma Laboratories 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 Sigma Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Nov 2012 | 10387638 | Hdfc Bank Limited | ₹41.78 Cr | Open | |
| 28 Oct 2015 | 10611887 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 28 Oct 2015 | 10612898 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 19 Jan 2005 | 100208655 | Matrix Laboratories Limited | ₹30 Cr | Satisfied | |
| 29 Mar 2004 | 90232278 | Pyramid Finance Ltd. | ₹50 Lakh | Satisfied |
To see the full charge records of Sigma Laboratories Private Limited, buy the company report.
Total charge records: 16 View all charges
Legal cases
Sigma Laboratories Private Limited has 6 court cases on record: 1 filed by Sigma Laboratories, 5 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 5 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income-Tax-7,Mum | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income-Tax-7,Mum | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax - City VII, Mumbai. | Disposed |
| Bombay High Court | Court case (NMA) | Filed against the company by The Commissioner of Income Tax- City VII, Mumbai | Disposed |
| High Court | Court case (CR. MISC.) | Filed by the company against State of Bihar and Anr | Disposed |
To see the full case history of Sigma Laboratories 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
Sigma Laboratories Private Limited has 15 MSME Form 1 returns on record between 2018 and 2023, listing 703 overdue payments to 27 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 27)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Multiplast Polymer Private Limited | |||
| Mahal Plastics and Fibres Private Limited | |||
| an individual supplier | |||
| Creations. | |||
| Parle Tableting Technologies Private Limited |
To see the full MSME payment records of Sigma Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Sigma Laboratories Private Limited has a workforce of 18 employees on its EPFO records as of Mar 31, 2024, across 1 active EPFO establishment.
GST
Sigma Laboratories has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCS4404L1ZC | Maharashtra | Active | 01 Jul 2017 |
| 30AABCS4404L1ZP | Goa | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sigma Laboratories Private Limited, buy the company report.
Recent activity
Sigma Laboratories Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Dilip Shrinivas Coulagi ceased to be Managing Director on 22 Jun 2020.
36 earlier events are in the company report.
Frequently asked questions
Sigma Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 30 March 1987 (39+ years old) and is registered under CIN U85195MH1987PTC043007.
Sigma Laboratories has 2 current directors:
- Priya Dilip Coulagi - Whole-Time Director
- Kavita Dilip Coulagi - Whole-Time Director
The latest financial statements of Sigma Laboratories 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 2015 are in the company report.
The GSTIN of Sigma Laboratories is 27AABCS4404L1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 30AABCS4404L1ZP (Goa).
The CIN (Corporate Identification Number) of Sigma Laboratories is U85195MH1987PTC043007. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sigma Laboratories has 6 court cases on record: 1 filed by the company and 5 filed against it.
Sigma Laboratories was incorporated on 30 March 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Sigma Laboratories by revenue are Forma Chem Pvt Ltd, Allegro Speciality Chemicals Private Limited, Revinto Life Science Private Limited, Ultra Laboratories Private Limited, Fortcaps Healthcare Limited and 2 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Dilip Shrinivas Coulagi ceased to be Managing Director on 22 Jun 2020. Kavita Dilip Coulagi ceased to be Additional Director on 01 Jan 2020. Ramesh Govindrao Kulkarni ceased to be Additional Director on 04 Aug 2018. Sigma Laboratories has 10 board changes on record in total.
Yes, Sigma Laboratories is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0025055).
Sigma Laboratories has 15 MSME Form 1 returns on record between 2018 and 2023, listing 703 overdue payments to 27 micro and small suppliers. The latest return was filed on 16 Dec 2023.
Sigma Laboratories can be reached through the website sigmalab.in. Its registered office is in Mumbai, Maharashtra, India.

