MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2023-24)
- Udyam number
- UDYAM-UP-28-0040377
Solvate Laboratories Private Limited - pharma in Patna, Bihar, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹84.09 Cr
▲ 8% YoY
Net profit · FY 2025
₹5.33 Cr
Net margin 6.3%
EBITDA · FY 2025
₹8.58 Cr
EBITDA margin 10.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹5.22 Cr
Secured borrowings
Company age
22 yrs
Est. 2004
Employees · EPFO
396
Provident fund records
About Solvate Laboratories Private Limited
Data last updated:
Solvate Laboratories Private Limited is a private limited company based in Patna, Bihar, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 July 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Patna, under CIN U24230BR2004PTC010848. Its GSTIN is 10AAICS2647A1ZY (Bihar). The company holds 14 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Sanjay Kumar (Managing Director) and Om Prakash.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2W II Floor L – 100 Road No. 21 S.K. Nagar Housing Colony, Patna, Bihar, India – 800001.
As per the financials filed for FY 2025, the company reported a revenue of ₹84.09 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹5.33 Cr (net margin 6.3%) and EBITDA of ₹8.58 Cr (EBITDA margin 10.2%). Revenue has grown at a compounded annual rate (CAGR) of 14% over three years and 12% over five years.
The company has about 396 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
As per MCA filings, the company has open charges of ₹5.22 Cr on record. Court records list 17 cases involving the company, including 13 filed by the company and 3 filed against it; 6 cases are pending.
Solvate Laboratories Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0040377). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website solvatelab.com.
Company Details of Solvate Laboratories Private Limited
CIN U24230BR2004PTC010848
Registration Number 010848
Incorporation Date 19 July 2004
ROC Patna
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-UP-28-0040377
CIN History of Solvate Laboratories Private Limited
Solvate Laboratories has one previous CIN (Corporate Identification Number): U00304BR2004PTC010848. The current CIN is U24230BR2004PTC010848, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24230BR2004PTC010848 | Current |
| U00304BR2004PTC010848 | Previous |
Recognitions & Rankings of Solvate Laboratories
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2W II Floor L – 100 Road No. 21 S.K. Nagar Housing Colony, Patna, Bihar, India – 800001
- IndustryPharma, Drug Formulation & Development
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Business Activity of Solvate Laboratories Private Limited
The main business activity of Solvate Laboratories is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
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Financials of Solvate Laboratories Private Limited FY 2024 filings available
Solvate Laboratories Private Limited reported revenue of ₹84.09 Cr (up 8% YoY) for FY 2025.
Revenue · FY 2025
₹84.09 Cr ▲ 8%
Net profit · FY 2025
₹5.33 Cr margin 6.3%
EBITDA · FY 2025
₹8.58 Cr margin 10.2%
Compounded Annual Growth Rate (CAGR) of Solvate Laboratories Private Limited
Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 14%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 19%
5 years · compounded
▲ 22%
Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 8% growth in the latest year. EBITDA fell 7% 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 Solvate Laboratories 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 | ₹8.58 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹5.33 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 Solvate Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.3% | •••• | •••• | •••• | •••• |
| 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 Solvate Laboratories are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Verified entity values are shown only after access is granted.
Board of Directors of Solvate Laboratories Private Limited
Solvate Laboratories has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Kumar | Managing Director | 19 Jul 2004 | 22 Years 3 Months | Current |
| Om Prakash Also directs: Quasar Labs Private Limited, Soltech Infra Private Limited | Director | 30 Sep 2007 | 19 Years 0 Months | Current |
| Yogendra Kumar Also directs: Unistar Biotech Limited, Quasar Labs Private Limited, Soltech Infra Private Limited and 3 more | Director | 19 Jul 2004 | 22 Years 3 Months | Current |
| Shailendra Kumar Also directs: Quasar Labs Private Limited, Soltech Infra Private Limited | Director | 30 Sep 2007 | 19 Years 0 Months | Current |
| Pawan Kumar Singh Also directs: Quasar Labs Private Limited, Soltech Infra Private Limited | Director | 19 Jul 2004 | 22 Years 3 Months | Current |
| Aseem Kumar Also directs: Unistar Biotech Limited, Quasar Labs Private Limited, Soltech Infra Private Limited and 3 more | Director | 30 Sep 2007 | 19 Years 0 Months | Current |
Showing 6 of 7 current directors. View all directors
Peer Comparison of Solvate Laboratories Private Limited
Solvate Laboratories Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cyano Pharma Private Limited | ₹85.89 Cr (FY 2024) | •••• | •••• | 38.0% | •••• | Mumbai, Maharashtra, India |
| Zenara Pharma Private Limited | ₹85.73 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Hyderabad, Telangana, India |
| D.D. Pharmaceuticals Pvt. Ltd | ₹85.6 Cr (FY 2024) | •••• | •••• | 20.0% | •••• | Sitapura, Tonk Road, Jaipur., Rajasthan, India |
| Sidmak Laboratories (India) Private Limited | ₹85.07 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Valsad, Gujarat, India |
| Nava Healthcare Private Limited | ₹84.21 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Solvate Laboratories Private Limited this company | ₹84.09 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Patna, Bihar, India |
| Inchem Laboratories Private Limited | ₹84.08 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Hyderabad, Telangana, India |
| Macmillon Pharmaceuticals Private Limited | ₹83.91 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Punjab, India |
| Sunbeam Lifesciences Private Limited | ₹83.83 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Puducherry, India |
| Curetech Formulations Private Limited | ₹83.74 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Himachal Pradesh, India |
| Wexford Laboratories Private Limited | ₹83.63 Cr (FY 2024) | •••• | •••• | 22.0% | •••• | Tumkur, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Solvate Laboratories by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Solvate Laboratories Private Limited
Solvate Laboratories Private Limited is audited by U24230BR2004PTC010848 for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| U24230BR2004PTC010848 | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Solvate Laboratories Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Solvate Laboratories Private Limited
Open charges
₹5.22 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Dec 2024 | Hdfc Bank Limited | ₹13 Lakh | Open |
| 21 Jun 2024 | Hdfc Bank Limited | ₹20 Lakh | Open |
| 29 Apr 2024 | Hdfc Bank Limited | ₹15.28 Lakh | Open |
| 23 Feb 2024 | Hdfc Bank Limited | ₹24.88 Lakh | Open |
| 21 Feb 2024 | Hdfc Bank Limited | ₹30.68 Lakh | Open |
Total charge records: 17 View all charges
Legal Cases of Solvate Laboratories Private Limited
Solvate Laboratories Private Limited has 17 court cases on record: 13 filed by Solvate Laboratories, 3 filed against it, 1 where it is another party. 6 cases are pending and 11 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Total cases
17
Filed by the company
13
Filed against the company
3
Pending
6
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 6 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Criminal case | Filed by the company against S.M. Pharmaceuticals Private Limited | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Pending |
| District court, DAKSHINA KANNADA, Karnataka | Criminal complaint | Company is another party | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against an individual | Pending |
| District court, East, Delhi | Cheque dishonour complaint | Filed by the company against A R Enterprises | Pending |
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Full case history
All 17 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Solvate Laboratories Private Limited
Solvate Laboratories Private Limited has a workforce of 396 employees as of Apr 04, 2024.
Employee count
396
Active EPFO establishments
1
Employee growth
10%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Solvate Laboratories Private Limited
Solvate Laboratories has 2 subsidiary companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
2
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Quasar Labs Private Limited | U24230TG2005PTC046815 | Locked |
| Soltech Infra Private Limited | U45200BR2014PTC022339 | Locked |
Showing major subsidiaries. Total: 2.
Recent Activity on Solvate Laboratories Private Limited
Solvate Laboratories Private Limited has 10 board changes on record since 2004: 7 appointments and 3 cessations. The latest: Sanjay Kumar ceased to be Managing Director on 31 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.00 Lakh with Charge ID 101072869 was registered on 18 Dec 2024.
AGM
Solvate Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100961594 was registered on 21 Jun 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15.28 Lakh with Charge ID 100944847 was registered on 29 Apr 2024.
Filing
Solvate Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Patna.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 24.88 Lakh with Charge ID 100925117 was registered on 23 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.68 Lakh with Charge ID 100925119 was registered on 21 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 26.31 Lakh with Charge ID 100796025 was registered on 26 Apr 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.16 Lakh with Charge ID 100733619 was registered on 05 Jan 2023.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 13.58 Lakh with Charge ID 100733606 was registered on 13 Dec 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 20.00 Lakh with Charge ID 100733112 was registered on 11 Nov 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 17.06 Lakh with Charge ID 100676507 was registered on 05 Nov 2022.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Solvate Laboratories Private Limited
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Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
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MSME Payment Delays by Solvate Laboratories Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Solvate Laboratories Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Solvate Laboratories Private Limited
Solvate Laboratories has 14 GST registrations: 14 active. The first 4 active GSTINs are listed below.
Total GSTINs
14
Active
14
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 10AAICS2647A1ZY | Bihar | Active | 01 Jul 2017 |
| 05AAICS2647A1ZP | Uttarakhand | Active | 01 Jul 2017 |
| 06AAICS2647A1ZN | Haryana | Active | 01 Jul 2017 |
| 07AAICS2647A1ZL | Delhi | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Solvate Laboratories Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Solvate Laboratories Private Limited
Solvate Laboratories is an active private limited company based in Patna, Bihar, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 July 2004 (22+ years old) and is registered under CIN U24230BR2004PTC010848.
Solvate Laboratories reported revenue of ₹84.09 Cr for FY 2025 (up 8% YoY).
Solvate Laboratories has 7 current directors:
- Sanjay Kumar - Managing Director
- Om Prakash - Director
- Yogendra Kumar - Director
- Shailendra Kumar - Director
- Pawan Kumar Singh - Director
- Aseem Kumar - Director
- Amit Kumar Pandey - Director
Solvate Laboratories reported a net profit of ₹5.33 Cr (net margin 6.3%) and EBITDA of ₹8.58 Cr (EBITDA margin 10.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solvate Laboratories is 14% over three years and 12% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solvate Laboratories is 10AAICS2647A1ZY, registered in Bihar. The company has 14 GST registrations in all, of which 14 are active. Other active GSTINs include 05AAICS2647A1ZP (Uttarakhand), 06AAICS2647A1ZN (Haryana), 07AAICS2647A1ZL (Delhi).
The CIN (Corporate Identification Number) of Solvate Laboratories is U24230BR2004PTC010848. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solvate Laboratories has 17 court cases on record: 13 filed by the company and 3 filed against it. 6 are pending. Most are in the district courts.
Solvate Laboratories was incorporated on 19 July 2004, making it 22+ years old. It is registered with the Registrar of Companies, Patna.
The peers of Solvate Laboratories by revenue are Cyano Pharma Private Limited, Zenara Pharma Private Limited, D.D. Pharmaceuticals Pvt. Ltd, Sidmak Laboratories (India) Private Limited, Nava Healthcare Private Limited and 5 more, all in the Pharma industry (Formulations).
Sanjay Kumar ceased to be Managing Director on 31 Mar 2021. Jitendra Kumar Singh ceased to be Director on 01 Apr 2012. Amit Kumar Pandey was appointed as Director on 30 Sep 2007. Solvate Laboratories has 10 board changes on record in total.