Sprout Laboratories Private Limited
About Sprout Laboratories Private Limited
Data last updated:
Sprout Laboratories Private Limited is a private limited company based in Palanpur, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 12 November 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24230GJ1992PTC018561. Its GSTIN is 24AAFCS2604C1ZZ (Gujarat).
The company has an authorised share capital of ₹1.75 Cr and a paid-up capital of ₹15.6 Lakh. It is led by directors Shaileshkumar Jayprakash Kela (Managing Director) and Parth Shaileshbhai Kela.
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 Plot No 114/50 GIDC At & Po Chandisar Ta Palanpur, Gujarat, India – 385510.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.28 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹1.29 Lakh (net margin 1%) and EBITDA of ₹4.75 Lakh (EBITDA margin 3.7%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 18% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sprout Laboratories Private Limited's registered office is in Palanpur, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Social Media
- Registered AddressPlot No 114/50 GIDC At & Po Chandisar Ta Palanpur, Gujarat, India – 385510
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Sprout 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 Sprout 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 Sprout Laboratories Private Limited, buy the company report.
Financials of Sprout Laboratories Private Limited
FY 2025 filings availableSprout Laboratories Private Limited reported revenue of ₹1.28 Cr (down 6% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 6% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 18%. EBITDA rose 291% 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 | ₹4.75 Lakh | ||||
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| Net Profit (PAT) | ₹1.29 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 3.7% | ||||
| Net Profit Margin | 1% | ||||
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To see the full financial statements and ratios of Sprout Laboratories Private Limited, buy the company report.
Board of directors of Sprout Laboratories Private Limited
Sprout Laboratories has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shaileshkumar Jayprakash Kela Also directs: Om Deposit Vaults Pvt Ltd | Managing Director | 27 Jan 2004 | 22 Years 9 Months | Current |
| Parth Shaileshbhai Kela | Director | 16 Dec 2020 | 5 Years 10 Months | Current |
Peer comparison
Sprout Laboratories Private Limited is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Medopharm Wellness Private Limited | ₹1.28 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India | |||
| Sprout Laboratories Private Limitedthis company | ₹1.28 Cr (FY 2025) | ₹1.29 Lakh | 1% | -6.0% | Palanpur, Gujarat, India | |
| Suchem Industries Private Limited | ₹1.28 Cr (FY 2024) | 17.0% | Kathua, Jammu and Kashmir, India | |||
| Essence Biotech Private Limited | ₹1.27 Cr (FY 2022) | 63.0% | Alappuzha, Kerala, India | |||
| Arar Pharmaceutical Research Center Private Limited | ₹1.27 Cr (FY 2025) | 1.0% | Belgaum, Karnataka, India | |||
| Symantec Health Care Private Limited | ₹1.26 Cr (FY 2024) | -59.0% | Thane, Maharashtra, India |
To see the full peer comparison of Sprout Laboratories Private Limited, buy the company report.
Auditor
Sprout Laboratories Private Limited is audited by L K SHAH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L K SHAH & CO | FY 2019 | 109651W |
Shareholding
The shareholding of Sprout Laboratories 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 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sprout Laboratories Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Sprout Laboratories 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
No delayed payments to MSME suppliers are on our record for Sprout Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Sprout Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCS2604C1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Sprout Laboratories Private Limited, buy the company report.
Recent activity
Sprout Laboratories Private Limited has 8 board changes on record since 1992: 5 appointments and 3 cessations. The latest: Jaiprakashbhai Bhagchandbhai Kela ceased to be Director on 22 Dec 2020.
Frequently asked questions
Sprout Laboratories is an active private limited company based in Palanpur, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 12 November 1992 (34+ years old) and is registered under CIN U24230GJ1992PTC018561.
Sprout Laboratories has 2 current directors:
- Shaileshkumar Jayprakash Kela - Managing Director
- Parth Shaileshbhai Kela - Director
The latest financial statements of Sprout 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 Sprout Laboratories is 24AAFCS2604C1ZZ, registered in Gujarat.
The CIN (Corporate Identification Number) of Sprout Laboratories is U24230GJ1992PTC018561. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sprout Laboratories was incorporated on 12 November 1992, making it 34+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Sprout Laboratories by revenue are Medopharm Wellness Private Limited, Suchem Industries Private Limited, Essence Biotech Private Limited, Arar Pharmaceutical Research Center Private Limited, Symantec Health Care Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Jaiprakashbhai Bhagchandbhai Kela ceased to be Director on 22 Dec 2020. Parth Shaileshbhai Kela was appointed as Director on 16 Dec 2020. Jaiprakashbhai Bhagchandbhai Kela was appointed as Director on 05 Mar 2012. Sprout Laboratories has 8 board changes on record in total.
The registered office of Sprout Laboratories is at Plot No 11450 GIDC At & Po Chandisar Ta Palanpur, Gujarat, India – 385510.
Sprout Laboratories operates in the pharma industry, in the drug formulation and development segment.
The compliance status of Sprout Laboratories is compliant as of 29 September 2026. The company is actively filing with the Registrar of Companies.
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