MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-19-0040691
Tidal Laboratories Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹11.87 Cr
▲ 34% YoY
Net profit · FY 2025
₹8.13 Lakh
Net margin 0.7%
EBITDA · FY 2025
₹56.35 Lakh
EBITDA margin 4.7%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹47.6 Lakh
Issued & subscribed
Open charges
₹7.35 Cr
Satisfied ₹3.55 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
44
Provident fund records
About Tidal Laboratories Private Limited
Data last updated:
Tidal Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 29 December 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH1994PTC084152. Its GSTIN is 27AABCT5007E1ZP (Maharashtra). The company holds 9 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹47.6 Lakh. It is led by directors including Venkat Ram Balasubramanian and Krishna Prasad Balasubramanian.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 101 Ghatkopar Industrial Estate L B S Marg Ghatkopar (West), Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.87 Cr, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹8.13 Lakh (net margin 0.7%) and EBITDA of ₹56.35 Lakh (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 5% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Tidal Laboratories and Tidal Healthcare. As per MCA filings, the company has open charges of ₹7.35 Cr and satisfied charges of ₹3.55 Cr on record. Court records list 38 cases involving the company, including 22 filed by the company and 15 filed against it; 4 cases are pending.
Tidal Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0040691). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tidalhealthcare.com.
Company Details of Tidal Laboratories Private Limited
CIN U24230MH1994PTC084152
Registration Number 084152
Incorporation Date 29 December 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-19-0040691
Key People
Venkat Ram Balasubramanian Director Krishna Prasad Balasubramanian Additional Director Saumendra Kumar Panda Additional Director Recognitions & Rankings of Tidal Laboratories
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressA – 101 Ghatkopar Industrial Estate L B S Marg Ghatkopar (West), Mumbai, Maharashtra, India – 400086
- IndustryPharma, Drug Formulation & Development
Comprehensive company report
Tidal Laboratories Private Limited - one report that includes everything
- 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
- One PDF report, delivered after checkout
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Associated Brands with Tidal Laboratories Private Limited
Tidal Laboratories operates two associated brands: Tidal Laboratories and Tidal Healthcare. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers WHO-GMP certified contract manufacturing and pharmaceutical products in India. | tidallabs.com | |
| Formulations marketing company providing innovative health solutions in pharmaceuticals. | tidalhealthcare.com |
Business Activity of Tidal Laboratories Private Limited
The main business activity of Tidal Laboratories is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Premium access
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Tidal Laboratories Private Limited FY 2025 filings available
Tidal Laboratories Private Limited reported revenue of ₹11.87 Cr (up 34% YoY) for FY 2025.
Revenue · FY 2025
₹11.87 Cr ▲ 34%
Net profit · FY 2025
₹8.13 Lakh margin 0.7%
EBITDA · FY 2025
₹56.35 Lakh margin 4.7%
Compounded Annual Growth Rate (CAGR) of Tidal Laboratories Private Limited
Revenue CAGR growth
1 year
▲ 34%
3 years · compounded
▲ 12%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 272%
3 years · compounded
▲ 14%
5 years · compounded
▲ 9%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 34% growth in the latest year. EBITDA rose 272% 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 Tidal 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 | ₹56.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.13 Lakh | •••• | •••• | •••• | •••• |
| 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 Tidal Laboratories Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.7% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.7% | •••• | •••• | •••• | •••• |
| 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 Tidal Laboratories are in the company report.
Premium access
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Tidal Laboratories Private Limited
Tidal Laboratories has 3 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkat Ram Balasubramanian | Director | 31 Jan 2025 | 1 Years 8 Months | Current |
| Krishna Prasad Balasubramanian | Additional Director | 01 Jan 2012 | 14 Years 9 Months | Current |
| Saumendra Kumar Panda | Additional Director | 04 Aug 2025 | 1 Years 2 Months | Current |
Peer Comparison of Tidal Laboratories Private Limited
Tidal 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 |
|---|---|---|---|---|---|---|
| Lapan Healthcare Private Limited | ₹11.92 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Panipat, Haryana, India |
| Ridge Formulations Private Limited | ₹11.89 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Solan, Himachal Pradesh, India |
| Mars Remedies Private Limited | ₹11.89 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Waghodia, Gujarat, India |
| Viwyn Pharma Private Limited | ₹11.88 Cr (FY 2025) | •••• | •••• | 37.0% | •••• | Hyderabad, Telangana, India |
| Emcutix Biopharmaceuticals Limited | ₹11.88 Cr (FY 2025) | •••• | •••• | •••• | Pune, Maharashtra, India | |
| Tidal Laboratories Private Limited this company | ₹11.87 Cr (FY 2025) | •••• | •••• | 34.0% | •••• | Mumbai, Maharashtra, India |
| Ashwinassociates Private Limited | ₹11.85 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Madurai, Tamil Nadu, India |
| Anazeal Analyticals & Research Private Limited | ₹11.84 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Navi Mumbai, Maharashtra, India |
| Jaju Pharmaceuticals Private Limited | ₹11.82 Cr (FY 2025) | •••• | •••• | 33.0% | •••• | New Delhi, Delhi, India |
| Rups Medipack Private Limited | ₹11.81 Cr (FY 2025) | •••• | •••• | 52.0% | •••• | New Delhi, Delhi, India |
| Himsagar Laboratories Limited | ₹11.79 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Tidal 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 Tidal Laboratories Private Limited
Tidal Laboratories Private Limited is audited by KARM & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARM & CO | Locked | Locked | Locked |
Premium access
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Tidal Laboratories Private Limited
Premium access
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Tidal Laboratories Private Limited
Open charges
₹7.35 Cr
Satisfied charges
₹3.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 May 2025 | Hdfc Bank Limited | ₹2.5 Cr | Open |
| 20 May 2025 | Hdfc Bank Limited | ₹4 Cr | Open |
| 02 Nov 2024 | Hdfc Bank Limited | ₹5 Lakh | Open |
| 10 Jan 2011 | Member Secretary Single Window Clearance Agency (Swca) | ₹30 Lakh | Open |
| 14 Jun 1999 | Central Bank of India | ₹50 Lakh | Open |
Total charge records: 7 View all charges
Legal Cases of Tidal Laboratories Private Limited
Tidal Laboratories Private Limited has 38 court cases on record: 22 filed by Tidal Laboratories, 15 filed against it, 1 where it is another party. 4 cases are pending and 34 are disposed. Status as checked between 28 Sep 2026 and 04 Oct 2026.
Total cases
38
Filed by the company
22
Filed against the company
15
Pending
4
Disposed
34
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 5 | 1 |
| District courts | 18 | 10 | 3 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Macleods Pharmaceuticals Ltd | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Notus Pharmaceuticals Private Limited | Disposed |
| Bombay High Court | Court case (CHOCL) | Filed against the company by Macleods Pharmaceuticals Ltd | Disposed |
| Bombay High Court | Court case (COMIP) | Filed against the company by Macleods Pharmaceuticals Ltd | Disposed |
| District court, Bilaspur, Himachal Pradesh | Court case (Drugs And Cosmetics Act) | Filed against the company by State of HP | Pending |
Premium access
Full case history
All 38 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 Tidal Laboratories Private Limited
Tidal Laboratories Private Limited has a workforce of 44 employees as of Apr 05, 2024.
Employee count
44
Active EPFO establishments
2
Employee growth
4.76%
Premium access
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Tidal Laboratories Private Limited
Tidal Laboratories Private Limited has 16 board changes on record since 2008: 4 appointments and 12 cessations. The latest: Saumendra Kumar Panda was appointed as Additional Director on 04 Aug 2025.
AGM
Tidal Laboratories Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Appointed
Saumendra Kumar Panda was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 250.00 Lakh with Charge ID 101099375 was registered on 20 May 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 400.00 Lakh with Charge ID 101099380 was registered on 20 May 2025.
Filing
Tidal Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Ceased
Radhaa Sriram ceased to be Additional Director.
Ceased
Balasubramanian Anantharaman ceased to be Director.
Appointed
Venkat Ram Balasubramanian was appointed as Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 5.00 Lakh with Charge ID 101008034 was registered on 02 Nov 2024.
Charges
A charge registered on 31 Jul 2006 via Charge ID 10018302 with The Saraswat Co-Op Bank Ltd was fully satisfied on 10 Jan 2024.
Ceased
Ravichandran ceased to be Director.
Appointed
Radhaa Sriram was appointed as Additional Director.
18 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Tidal Laboratories Private Limited
Premium access
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Tidal Laboratories Private Limited
Premium access
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Tidal Laboratories Private Limited
Premium access
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Tidal Laboratories Private Limited
Tidal Laboratories has 9 GST registrations: 2 active and 7 cancelled or inactive.
Total GSTINs
9
Active
2
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCT5007E1ZP | Maharashtra | Active | 01 Jul 2017 |
| 02AABCT5007E2Z0 | Himachal Pradesh | Active | 01 Jul 2017 |
Premium access
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Tidal Laboratories Private Limited
Premium access
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Tidal Laboratories Private Limited
Tidal Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 29 December 1994 (32+ years old) and is registered under CIN U24230MH1994PTC084152.
Tidal Laboratories reported revenue of ₹11.87 Cr for FY 2025 (up 34% YoY).
Tidal Laboratories has 3 current directors:
- Venkat Ram Balasubramanian - Director
- Krishna Prasad Balasubramanian - Additional Director
- Saumendra Kumar Panda - Additional Director
Tidal Laboratories reported a net profit of ₹8.13 Lakh (net margin 0.7%) and EBITDA of ₹56.35 Lakh (EBITDA margin 4.7%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Tidal Laboratories is 12% over three years and 5% over five years. In the latest year (FY 2025) revenue rose 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Tidal Laboratories is 27AABCT5007E1ZP, registered in Maharashtra. The company has 9 GST registrations in all, of which 2 are active and 7 are cancelled or inactive. Other active GSTINs include 02AABCT5007E2Z0 (Himachal Pradesh).
The CIN (Corporate Identification Number) of Tidal Laboratories is U24230MH1994PTC084152. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Tidal Laboratories has 38 court cases on record: 22 filed by the company and 15 filed against it. 4 are pending. Most are in the high courts.
Tidal Laboratories was incorporated on 29 December 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Tidal Laboratories by revenue are Lapan Healthcare Private Limited, Ridge Formulations Private Limited, Mars Remedies Private Limited, Viwyn Pharma Private Limited, Emcutix Biopharmaceuticals Limited and 5 more, all in the Pharma industry (Formulations).
Saumendra Kumar Panda was appointed as Additional Director on 04 Aug 2025. Radhaa Sriram ceased to be Additional Director on 01 Feb 2025. Balasubramanian Anantharaman ceased to be Director on 31 Jan 2025. Tidal Laboratories has 16 board changes on record in total.