About Testtex India Laboratories Private Limited
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Testtex India Laboratories 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 02 July 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2008PTC184198. Its GSTIN is 27AACCT9811D1ZE (Maharashtra). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors including Bharat Girdharlal Shingala and Meeta Bharat Shingala.
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 301 304 3rd Floor Premson'S Industrial Estate Caves Road Jogeshwari (East), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.03 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹2.5 Cr (net margin 6.4%) and EBITDA of ₹8.23 Cr (EBITDA margin 21.1%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 14% over five years.
The company has about 223 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹26.06 Cr and satisfied charges of ₹34.85 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 1 case is pending. The company has 2 deals on record (2 secondary share transfers); the latest was in January 2013. Its 3 peer companies in the Consumer Services industry (Professional Services), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities) are compared by revenue, 1 larger and 2 smaller; the largest is Indtech Instruments Private Limited with revenue of ₹39.36 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 129 overdue payments to 78 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website testtex.com.
Company details
Contact details
Testtex India Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is testtex.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address301 304 3rd Floor Premson'S Industrial Estate Caves Road Jogeshwari (East), Mumbai, Maharashtra, India – 400060
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Testtex India 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 Testtex India Laboratories is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Testtex India Laboratories Private Limited, buy the company report.
Financials of Testtex India Laboratories Private Limited
FY 2024 filings availableTesttex India Laboratories Private Limited reported revenue of ₹39.03 Cr (up 36% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 36% growth in the latest year. EBITDA rose 44% 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 | ₹8.23 Cr | ||||
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| Net Profit (PAT) | ₹2.5 Cr | ||||
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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 | 21.1% | ||||
| Net Profit Margin | 6.4% | ||||
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To see the full financial statements and ratios of Testtex India Laboratories Private Limited, buy the company report.
Board of directors of Testtex India Laboratories Private Limited
Testtex India Laboratories has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharat Girdharlal Shingala | Director | 02 Jul 2008 | 18 Years 4 Months | Current |
| Meeta Bharat Shingala | Director | 02 Jul 2008 | 18 Years 4 Months | Current |
| Kunal Bharat Shingala | Director | 28 Dec 2022 | 3 Years 10 Months | Current |
Peer comparison
Testtex India Laboratories Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Services industry (Professional Services), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indtech Instruments Private Limited | ₹39.36 Cr (FY 2025) | 26.0% | Navi Mumbai, Maharashtra, India | |||
| Testtex India Laboratories Private Limitedthis company | ₹39.03 Cr (FY 2025) | ₹2.5 Cr | 6.4% | 36.0% | 223 | Mumbai, Maharashtra, India |
| Dianamech Engineers India Private Limited | ₹38.92 Cr (FY 2025) | 21.0% | Pune, Maharashtra, India | |||
| Axis Interiors Pvt Ltd | ₹38.8 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India |
To see the full peer comparison of Testtex India Laboratories Private Limited, buy the company report.
Auditor
Testtex India Laboratories Private Limited is audited by MASD & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MASD & CO | FY 2023 | 146249W |
Shareholding
The shareholding of Testtex India 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 Testtex India Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Aug 2025 | 101141364 | Sidbi | ₹3.13 Cr | Open | |
| 28 Jan 2025 | 101042764 | Sidbi | ₹1.57 Cr | Open | |
| 24 Sep 2024 | 100992312 | Model Co-Op. Bank Limited | ₹2.25 Cr | Open | |
| 22 May 2024 | 100933433 | Model Co-Op. Bank Limited | ₹65 Lakh | Open | |
| 21 Dec 2023 | 100838417 | Model Co-Op. Bank Limited | ₹1.3 Cr | Open |
To see the full charge records of Testtex India Laboratories Private Limited, buy the company report.
Total charge records: 19 View all charges
Deals & funding
Testtex India Laboratories Private Limited has 2 deals on record (2 secondary share transfers); the latest was in January 2013.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Testtex India Laboratories Private Limited has 12 court cases on record: 12 filed against it. 1 case is pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 0 |
| High courts | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Kotak Mahindra Bank Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Kotak Mahindra Bank Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
To see the full case history of Testtex India 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
Testtex India Laboratories Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 129 overdue payments to 78 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 78)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| MC Sparr Test Systems and Chemicals Private Limited | |||
| TNT India Private Limited | |||
| City Motors | |||
| Wool Research Association (Mumbai) |
To see the full MSME payment records of Testtex India Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Testtex India Laboratories Private Limited has a workforce of 223 employees on its EPFO records as of Apr 02, 2024, across 4 active EPFO establishments.
GST
Testtex India Laboratories has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCT9811D1ZE | Maharashtra | Active | 01 Jul 2017 |
| 09AACCT9811D1ZC | Uttar Pradesh | Active | 04 Jul 2017 |
| 33AACCT9811D1ZL | Tamil Nadu | Active | 10 Jul 2017 |
| 24AACCT9811D1ZK | Gujarat | Active | 12 Jul 2017 |
To see the full GST registrations and return filing status of Testtex India Laboratories Private Limited, buy the company report.
Recent activity
Testtex India Laboratories Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Kunal Bharat Shingala ceased to be Additional Director on 29 Sep 2023.
24 earlier events are in the company report.
Frequently asked questions
Testtex India Laboratories 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 02 July 2008 (18+ years old) and is registered under CIN U74999MH2008PTC184198.
Testtex India Laboratories has 3 current directors:
- Bharat Girdharlal Shingala - Director
- Meeta Bharat Shingala - Director
- Kunal Bharat Shingala - Director
The latest financial statements of Testtex India 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 Testtex India Laboratories is 27AACCT9811D1ZE, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 09AACCT9811D1ZC (Uttar Pradesh), 33AACCT9811D1ZL (Tamil Nadu), 24AACCT9811D1ZK (Gujarat).
The CIN (Corporate Identification Number) of Testtex India Laboratories is U74999MH2008PTC184198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Testtex India Laboratories has 12 court cases on record: 12 filed against it. 1 is pending. Most are in the district courts.
Testtex India Laboratories was incorporated on 02 July 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Testtex India Laboratories has 2 deals on record (2 secondary share transfers); the latest was in January 2013.
The peers of Testtex India Laboratories by revenue are Indtech Instruments Private Limited, Dianamech Engineers India Private Limited, Axis Interiors Pvt Ltd, all in the Consumer Services industry (Professional Services), with the same principal business activity (architecture, engineering activities, technical testing and analysis activities).
Kunal Bharat Shingala ceased to be Additional Director on 29 Sep 2023. Kunal Bharat Shingala was appointed as Director on 28 Dec 2022. Bharat Girdharlal Shingala was appointed as Director on 02 Jul 2008. Testtex India Laboratories has 4 board changes on record in total.
Testtex India Laboratories has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 129 overdue payments to 78 micro and small suppliers. The latest return was filed on 29 May 2019.
Testtex India Laboratories can be reached through the website testtex.com. Its registered office is in Mumbai, Maharashtra, India.
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