Ticos Laboratories Private Limited
About Ticos Laboratories Private Limited
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Ticos Laboratories Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 April 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24239GJ2010PTC060303. Its GSTIN is 24AAECT2585Q1ZQ (Gujarat).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Incarta Pharma Private Limited. It is led by directors Payal Jaynesh Patel and Jaynesh Ratilal Patel.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 1103/A Synergy Tower Near Vodafone House Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.78 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹3.52 Lakh (net margin 0.7%) and EBITDA of ₹7.17 Lakh (EBITDA margin 1.5%).
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Ticos Laboratories Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address1103/A Synergy Tower Near Vodafone House Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015
- IndustryPharma, Drug Formulation & Development, API Manufacturers
To see the full contact details of Ticos 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 Ticos Laboratories is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Ticos Laboratories Private Limited, buy the company report.
Financials of Ticos Laboratories Private Limited
FY 2022 filings availableTicos Laboratories Private Limited reported revenue of ₹4.78 Cr (up 5% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 5% in the latest year. EBITDA fell 16% 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
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| EBITDA | ₹7.17 Lakh | ||||
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| Net Profit (PAT) | ₹3.52 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 1.5% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Ticos Laboratories Private Limited, buy the company report.
Board of directors of Ticos Laboratories Private Limited
Ticos Laboratories has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Payal Jaynesh Patel | Director | 16 Mar 2019 | 7 Years 7 Months | Current |
| Jaynesh Ratilal Patel | Director | 19 Apr 2010 | 16 Years 6 Months | Current |
Peer comparison
Ticos Laboratories Private Limited is compared with the 3 companies closest to it by revenue in the Pharma industry (API Manufacturers, Formulations), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Prosit Health Care Private Limited | ₹4.8 Cr (FY 2024) | 13.0% | Mangalore, Karnataka, India | |||
| Ticos Laboratories Private Limitedthis company | ₹4.78 Cr (FY 2022) | ₹3.52 Lakh | 0.7% | 5.0% | Ahmedabad, Gujarat, India | |
| Westin Pharmaceuticals Private Limited | ₹4.77 Cr (FY 2025) | 12.0% | Karnal, Haryana, India | |||
| Aqunova Pharma Private Limited | ₹4.76 Cr (FY 2024) | 24.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Ticos Laboratories Private Limited, buy the company report.
Auditor
Ticos Laboratories Private Limited is audited by D V SHAH & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D V SHAH & ASSOCIATES | FY 2021 | 109551W |
Shareholding
The shareholding of Ticos Laboratories Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ticos Laboratories Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Ticos 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 Ticos Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ticos Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAECT2585Q1ZQ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ticos Laboratories Private Limited, buy the company report.
Recent activity
Ticos Laboratories Private Limited has 3 board changes on record since 2010: 2 appointments and 1 cessation. The latest: Alihusen Fakrudin Vejlani ceased to be Director on 16 Mar 2019.
Frequently asked questions
Ticos Laboratories is an active private limited company based in Ahmedabad, Gujarat, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 April 2010 (16+ years old) and is registered under CIN U24239GJ2010PTC060303.
Ticos Laboratories has 2 current directors:
- Payal Jaynesh Patel - Director
- Jaynesh Ratilal Patel - Director
The latest financial statements of Ticos Laboratories on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Ticos Laboratories is 24AAECT2585Q1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Ticos Laboratories is U24239GJ2010PTC060303. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ticos Laboratories was incorporated on 19 April 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Ticos Laboratories by revenue are Prosit Health Care Private Limited, Westin Pharmaceuticals Private Limited, Aqunova Pharma Private Limited, all in the Pharma industry (API Manufacturers, Formulations), with the same principal business activity (wholesale trading).
Alihusen Fakrudin Vejlani ceased to be Director on 16 Mar 2019. Payal Jaynesh Patel was appointed as Director on 16 Mar 2019. Jaynesh Ratilal Patel was appointed as Director on 19 Apr 2010.
The registered office of Ticos Laboratories is at 1103A Synergy Tower Near Vodafone House Corporate Road Prahladnagar, Ahmedabad, Gujarat, India – 380015.
Ticos Laboratories operates in the pharma industry, in the drug formulation and development segment.
The compliance status of Ticos Laboratories is compliant as of 25 September 2026. The company is actively filing with the Registrar of Companies.
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