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 40 cases involving the company, including 22 filed by the company and 18 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
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
Tidal Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is tidalhealthcare.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressA – 101 Ghatkopar Industrial Estate L B S Marg Ghatkopar (West), Mumbai, Maharashtra, India – 400086
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Tidal Laboratories Private Limited, buy the company report.
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
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Brands
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
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 | 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 Tidal Laboratories Private Limited, buy the company report.
Financials of Tidal Laboratories Private Limited
FY 2025 filings availableTidal 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)
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
| 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 | |||||
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| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| 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 | |||||
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| Inventories | |||||
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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 | 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 | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Tidal Laboratories Private Limited, buy the company report.
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 9 Months | Current |
| Krishna Prasad Balasubramanian | Additional Director | 01 Jan 2012 | 14 Years 10 Months | Current |
| Saumendra Kumar Panda | Additional Director | 04 Aug 2025 | 1 Years 3 Months | Current |
Peer comparison
Tidal 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 |
|---|---|---|---|---|---|---|
| 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 | |||
| Tidal Laboratories Private Limitedthis company | ₹11.87 Cr (FY 2025) | ₹8.13 Lakh | 0.7% | 34.0% | 44 | 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 |
To see the full peer comparison of Tidal Laboratories Private Limited, buy the company report.
Auditor
Tidal Laboratories Private Limited is audited by KARM & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KARM & CO | FY 2022 | 105237 |
Shareholding
The shareholding of Tidal Laboratories Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tidal Laboratories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹7.35 Cr
Satisfied charges
₹3.55 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 May 2025 | 101099375 | Hdfc Bank Limited | ₹2.5 Cr | Open | |
| 20 May 2025 | 101099380 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 02 Nov 2024 | 101008034 | Hdfc Bank Limited | ₹5 Lakh | Open | |
| 10 Jan 2011 | 10260732 | Member Secretary Single Window Clearance Agency (Swca) | ₹30 Lakh | Open | |
| 14 Jun 1999 | 90157198 | Central Bank of India | ₹50 Lakh | Open |
To see the full charge records of Tidal Laboratories Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Tidal Laboratories Private Limited has 40 court cases on record: 22 filed by Tidal Laboratories, 18 filed against it. 4 cases are pending and 36 are disposed.
Total cases
40
Filed by the company
22
Filed against the company
18
Pending
4
Disposed
36
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 5 | 1 |
| District courts | 18 | 11 | 3 |
| Supreme Court | 2 | 2 | 0 |
Cases on record (5 of 40)
| 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 Pvt Ltd and Ors | 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 |
To see the full case history of Tidal 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
No delayed payments to MSME suppliers are on our record for Tidal Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Tidal Laboratories Private Limited has a workforce of 44 employees on its EPFO records as of Apr 05, 2024, across 2 active EPFO establishments.
Employee count
44
Active EPFO establishments
2
Employee growth
4.76%
GST
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 |
To see the full GST registrations and return filing status of Tidal Laboratories Private Limited, buy the company report.
Recent activity
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 in the company report.
Frequently asked questions
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 has 3 current directors:
- Venkat Ram Balasubramanian - Director
- Krishna Prasad Balasubramanian - Additional Director
- Saumendra Kumar Panda - Additional Director
The latest financial statements of Tidal Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
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 40 court cases on record: 22 filed by the company and 18 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 Ridge Formulations Private Limited, Mars Remedies Private Limited, Jaju Pharmaceuticals Private Limited, Rups Medipack Private Limited, Himsagar Laboratories Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
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.
Yes, Tidal Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-MH-19-0040691).
Tidal Laboratories can be reached through the website tidalhealthcare.com. Its registered office is in Mumbai, Maharashtra, India.
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