- Category
- Small (2023-24)
- Udyam number
- UDYAM-TS-20-0009734

About SRC Laboratories Private Limited
Data last updated:
SRC Laboratories Private Limited is a private limited company based in Sultanpur, Telangana, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 02 June 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U73100TG2009PTC063850. Its GSTIN is 36AANCS0842G2Z9 (Telangana). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹9.94 Cr. It is led by directors including Rama Chandra Reddy Yeluri (Managing Director) and Mohan Reddy Danda (Whole-Time Director).
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 Medical Device Park Plot Nos. M66 M67 Sultanpur Village Ameenpur Mandal Sang, Areddydist, Telangana, India – 502319.
As per the financials filed for FY 2025, the company reported a revenue of ₹47.92 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net profit of ₹90.26 Lakh (net margin 1.9%) and EBITDA of ₹4.17 Cr (EBITDA margin 8.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 17% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹29.68 Cr on record. Court records list 4 cases involving the company, including 1 filed by the company and 3 filed against it; 1 case is pending.
SRC Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-TS-20-0009734). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website srclaboratories.com.
Company details
CIN history
SRC Laboratories has one previous CIN (Corporate Identification Number): U73100AP2009PTC063850. The current CIN is U73100TG2009PTC063850, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U73100TG2009PTC063850 | Current |
| U73100AP2009PTC063850 | Previous |
Recognitions & Rankings of SRC Laboratories
Contact details
SRC Laboratories Private Limited's registered office is in Sultanpur, Telangana. Its website is srclaboratories.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressMedical Device Park Plot Nos. M66 M67 Sultanpur Village Ameenpur Mandal Sang, Areddydist, Telangana, India – 502319
- IndustryPharma, API Manufacturers
To see the full contact details of SRC 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 SRC 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 SRC Laboratories Private Limited, buy the company report.
Financials of SRC Laboratories Private Limited
FY 2024 filings availableSRC Laboratories Private Limited reported revenue of ₹47.92 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 32% growth in the latest year. EBITDA fell 11% 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 | ₹4.17 Cr | ||||
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| Net Profit (PAT) | ₹90.26 Lakh | ||||
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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 | 8.7% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of SRC Laboratories Private Limited, buy the company report.
Board of directors of SRC Laboratories Private Limited
SRC Laboratories has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohan Reddy Danda | Whole-Time Director | 05 Jun 2017 | 9 Years 4 Months | Current |
| Rama Chandra Reddy Yeluri Also directs: Ven Life Sciences Private Limited | Managing Director | 02 Jun 2009 | 17 Years 4 Months | Current |
| Eluri Somireddy | Whole-Time Director | 02 Jun 2011 | 15 Years 4 Months | Current |
Peer comparison
SRC Laboratories Private Limited is compared with the 9 companies closest to it by revenue in the Pharma industry (API Manufacturers), 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 |
|---|---|---|---|---|---|---|
| Pragna Dyechem Private Limited | ₹48.78 Cr (FY 2025) | 9.0% | Bharuch, Gujarat, India | |||
| Ramdev Chemical Private Limited | ₹48.52 Cr (FY 2022) | 23.0% | Mumbai, Maharashtra, India | |||
| Infichem Pharma Private Limited | ₹48.5 Cr (FY 2024) | -14.0% | Pardi, Gujarat, India | |||
| Precise Chemipharma P Ltd | ₹48.2 Cr (FY 2025) | -23.0% | Mumbai, Maharashtra, India | |||
| SRC Laboratories Private Limitedthis company | ₹47.92 Cr (FY 2025) | ₹90.26 Lakh | 1.9% | 32.0% | 10 | Sultanpur, Telangana, India |
| Taurus Chemicals Pvt Ltd | ₹47.32 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Azakem Labs Private Limited | ₹47.09 Cr (FY 2025) | -8.0% | Hyderabad, Telangana, India | |||
| Agarwal Life Sciences Private Limited | ₹46.97 Cr (FY 2025) | -18.0% | Mumbai, Maharashtra, India | |||
| PSN Medicare Private Limited | ₹46.96 Cr (FY 2025) | -48.0% | Hyderabad, Telangana, India | |||
| Surajlok Chemicals Private Limited | ₹46.83 Cr (FY 2025) | 51.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of SRC Laboratories Private Limited, buy the company report.
Auditor
SRC Laboratories Private Limited is audited by SURYACHANDRA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SURYACHANDRA & ASSOCIATES | FY 2023 | 004297S |
Shareholding
The shareholding of SRC 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 SRC Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 May 2024 | 100920193 | State Bank of India | ₹7 Cr | Open | |
| 10 Sep 2013 | 10449592 | State Bank of India | ₹22.68 Cr | Open |
To see the full charge records of SRC Laboratories Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
SRC Laboratories Private Limited has 4 court cases on record: 1 filed by SRC Laboratories, 3 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
| High courts | 1 | 1 | 0 |
| NCLT | 1 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Hyderabad Central, Telangana | Cheque dishonour complaint | Filed against the company by Sunlight Active Drug Ingredients Pvt Ltd. Rep.By V.V. Venkateshwar Rao | Pending |
| High Court, ANDHRAPRADESH | Writ petition | Filed against the company by an individual | Disposed |
| District court, Medchal Malkajgiri, Telangana | Civil suit | Filed by the company against M/S.Ganesh Labs,Rep by Its M.Partner Dr.R.Mallikarjuna | Disposed |
| NCLT, Hyderabad | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of SRC 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.
Credit ratings & regulatory alerts
SRC Laboratories Private Limited was last rated by Crisil on 24 Nov 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 24 Nov 2020 |
To see the full credit ratings and regulatory alerts of SRC Laboratories Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for SRC Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
SRC Laboratories Private Limited has a workforce of 10 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
SRC Laboratories has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AANCS0842G2Z9 | Telangana | Active | 27 Oct 2021 |
| 29AANCS0842G1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of SRC Laboratories Private Limited, buy the company report.
Recent activity
SRC Laboratories Private Limited has 9 board changes on record since 2009: 3 appointments and 6 cessations. The latest: Eluri Somireddy ceased to be Director on 02 Feb 2022.
4 earlier events are in the company report.
Frequently asked questions
SRC Laboratories is an active private limited company based in Sultanpur, Telangana, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 02 June 2009 (17+ years old) and is registered under CIN U73100TG2009PTC063850.
SRC Laboratories has 3 current directors:
- Rama Chandra Reddy Yeluri - Managing Director
- Mohan Reddy Danda - Whole-Time Director
- Eluri Somireddy - Whole-Time Director
The latest financial statements of SRC Laboratories on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of SRC Laboratories is 36AANCS0842G2Z9, registered in Telangana. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 29AANCS0842G1Z5 (Karnataka).
The CIN (Corporate Identification Number) of SRC Laboratories is U73100TG2009PTC063850. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
SRC Laboratories has 4 court cases on record: 1 filed by the company and 3 filed against it. 1 is pending. Most are in the district courts.
SRC Laboratories was incorporated on 02 June 2009, making it 17+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of SRC Laboratories by revenue are Pragna Dyechem Private Limited, Ramdev Chemical Private Limited, Infichem Pharma Private Limited, Precise Chemipharma P Ltd, Taurus Chemicals Pvt Ltd and 4 more, all in the Pharma industry (API Manufacturers), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Eluri Somireddy ceased to be Director on 02 Feb 2022. Mohan Reddy Danda ceased to be Director on 02 Feb 2022. Danda Varalakshmi ceased to be Director on 01 Apr 2021. SRC Laboratories has 9 board changes on record in total.
Yes, SRC Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-TS-20-0009734).
SRC Laboratories can be reached through the website srclaboratories.com. Its registered office is in Sultanpur, Telangana, India.