MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0008686
Ultra Laboratories Private Limited - pharma in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹38.64 Cr
▲ 36% YoY
Net loss · FY 2024
₹24.13 Lakh
Net margin -0.6%
EBITDA · FY 2024
₹5.6 Cr
EBITDA margin 14.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.17 Cr
Issued & subscribed
Open charges
₹22.12 Cr
Satisfied ₹11.5 Cr
Company age
20 yrs
Est. 2006
Employees · EPFO
103
Provident fund records
About Ultra Laboratories Private Limited
Data last updated:
Ultra Laboratories Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24231KA2006PTC038442. Its GSTIN is 29AAACU8290K1ZP (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.17 Cr. It is led by directors including Rahul Nair (Managing Director) and Ramesh Sukumaran.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹38.64 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net loss of ₹24.13 Lakh (net margin -0.6%) and EBITDA of ₹5.6 Cr (EBITDA margin 14.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 103 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ultra Laboratories. As per MCA filings, the company has open charges of ₹22.12 Cr and satisfied charges of ₹11.5 Cr on record. Court records list 18 cases involving the company, including 10 filed by the company and 8 filed against it; 2 cases are pending.
Ultra Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0008686). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ultralabsindia.com.
Company details
CIN U24231KA2006PTC038442
Registration Number 038442
Incorporation Date 10 February 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0008686
Recognitions & Rankings of Ultra Laboratories
Contact details
Ultra Laboratories Private Limited's registered office is in Bangalore, Karnataka. Its website is ultralabsindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address31/32 Ground Floor 1st D Main Nanjappa Reddy Layout Vijaya Bank Colony Ext. Kalyan, Nagar, Bangalore, Karnataka, India – 560043
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Ultra Laboratories Private Limited, buy the company report.
Comprehensive company report
Ultra 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
Ultra Laboratories operates one associated brand: Ultra Laboratories. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and distributing generic medicines with a focus on quality and international exports in India. | ultralabsindia.com |
Business activity
The main business activity of Ultra 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 Ultra Laboratories Private Limited, buy the company report.
Financials of Ultra Laboratories Private Limited
FY 2024 filings availableUltra Laboratories Private Limited reported revenue of ₹38.64 Cr (up 36% YoY) for FY 2024.
Revenue · FY 2024
₹38.64 Cr ▲ 36%
Net loss · FY 2024
₹24.13 Lakh margin -0.6%
EBITDA · FY 2024
₹5.6 Cr margin 14.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 36%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▲ 194%
3 years · compounded
▼ 3%
5 years · compounded
▲ 1%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 36% growth in the latest year. EBITDA rose 194% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹38.64 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹5.6 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹24.13 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | -0.6% | ||||
| 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 | |||||
To see the full financial statements and ratios of Ultra Laboratories Private Limited, buy the company report.
Board of directors of Ultra Laboratories Private Limited
Ultra Laboratories has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramesh Sukumaran | Director | 01 Mar 2017 | 9 Years 7 Months | Current |
| Rahul Nair | Managing Director | 01 Apr 2011 | 15 Years 6 Months | Current |
| Meghna Nair | Director | 16 Apr 2025 | 1 Years 6 Months | Current |
Peer comparison
Ultra Laboratories Private Limited is compared with the 8 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 |
|---|---|---|---|---|---|---|
| Allegro Speciality Chemicals Private Limited | ₹38.95 Cr (FY 2025) | -21.0% | Hyderabad, Telangana, India | |||
| Sigma Laboratories Private Limited | ₹38.91 Cr (FY 2025) | -26.0% | Mumbai, Maharashtra, India | |||
| Revinto Life Science Private Limited | ₹38.71 Cr (FY 2024) | 44.0% | Karwar, Karnataka, India | |||
| Ultra Laboratories Private Limitedthis company | ₹38.64 Cr (FY 2024) | -₹24.13 Lakh | -0.6% | 36.0% | 103 | Bangalore, Karnataka, India |
| Fortcaps Healthcare Limited | ₹38.39 Cr (FY 2025) | -7.0% | Gurgaon, Haryana, India | |||
| Bio Medica Laboratories Limited | ₹38.33 Cr (FY 2025) | 150.0% | Indore, Madhya Pradesh, India | |||
| Medicamen Organics Limited. | ₹38.28 Cr (FY 2025) | 51.0% | New Delhi, Delhi, India | |||
| Diamond Drugs Private Limited | ₹38.26 Cr (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Klar Sehen Pvt Ltd | ₹38.16 Cr (FY 2016) | 18.0% | Bidar, Karnataka, India |
To see the full peer comparison of Ultra Laboratories Private Limited, buy the company report.
Auditor
Ultra Laboratories Private Limited is audited by GIRDHAR GARG & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GIRDHAR GARG & ASSOCIATES | FY 2024 | 006973C |
Shareholding
The shareholding of Ultra Laboratories Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ultra Laboratories Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22.12 Cr
Satisfied charges
₹11.5 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2024 | 100976788 | Others | ₹6.1 Lakh | Open | |
| 11 Sep 2024 | 100980596 | Sidbi | ₹5.58 Cr | Open | |
| 27 Dec 2023 | 100842917 | Sidbi | ₹1.98 Cr | Open | |
| 07 Sep 2023 | 100800207 | Others | ₹1.74 Cr | Open | |
| 29 May 2023 | 100736692 | Others | ₹50 Lakh | Open |
To see the full charge records of Ultra Laboratories Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
Ultra Laboratories Private Limited has 18 court cases on record: 10 filed by Ultra Laboratories, 8 filed against it. 2 cases are pending and 16 are disposed.
Total cases
18
Filed by the company
10
Filed against the company
8
Pending
2
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 8 | 2 |
| High courts | 3 | 0 | 0 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HASSAN, Karnataka | Court case (Com.EX.) | Filed by the company against Kopran Ltd., Khalapur and 1 other | Pending |
| District court, HASSAN, Karnataka | Court case (Com.EX.) | Filed by the company against Kopran Ltd. and 1 other | Disposed |
| District court, HASSAN, Karnataka | Court case (Com.O.S.) | Filed by the company against Kopran Ltd and 1 other | Disposed |
| District court, South, Delhi | Court case (TM) | Filed against the company by Marion Biotech Pvt. Ltd | Disposed |
| District court, TUMAKURU, Karnataka | Criminal miscellaneous application | Filed by the company against State of the Instance of the Asst Drugs Controller-1 | Pending |
To see the full case history of Ultra 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 Ultra Laboratories Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ultra Laboratories Private Limited has a workforce of 103 employees on its EPFO records as of Dec 26, 2024, across 2 active EPFO establishments.
Employee count
103
Active EPFO establishments
2
Employee growth
1.98%
GST
Ultra Laboratories has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACU8290K1ZP | Karnataka | Active | 01 Jul 2017 |
| 29AAACU8290K2ZO | Karnataka | Active | 31 Oct 2017 |
To see the full GST registrations and return filing status of Ultra Laboratories Private Limited, buy the company report.
Recent activity
Ultra Laboratories Private Limited has 9 board changes on record since 2006: 4 appointments and 5 cessations. The latest: Meghna Nair was appointed as Director on 16 Apr 2025.
Appointed
Meghna Nair was appointed as Director.
Charges
A charge with Others of Rs. 11.00 Cr registered on 13 Aug 2020 with Charge ID 100365470 was modified on 28 Oct 2024.
AGM
Ultra Laboratories Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 0.06 Cr with Charge ID 100976788 was registered on 17 Sep 2024.
Charges
A charge with Sidbi amounted to Rs. 5.58 Cr with Charge ID 100980596 was registered on 11 Sep 2024.
Filing
Ultra Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Sidbi amounted to Rs. 1.98 Cr with Charge ID 100842917 was registered on 27 Dec 2023.
Charges
A charge with Others amounted to Rs. 1.74 Cr with Charge ID 100800207 was registered on 07 Sep 2023.
Charges
A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100736692 was registered on 29 May 2023.
Charges
A charge with Others amounted to Rs. 0.85 Cr with Charge ID 100590145 was registered on 10 Jun 2022.
Ceased
Sukumaran Nair Rajesh ceased to be Whole-Time Director.
Ceased
Chithralekha Ramachandran Thampy ceased to be Managing Director.
16 earlier events are in the company report.
Frequently asked questions
Ultra Laboratories is an active private limited company based in Bangalore, Karnataka, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U24231KA2006PTC038442.
Ultra Laboratories has 3 current directors:
- Rahul Nair - Managing Director
- Ramesh Sukumaran - Director
- Meghna Nair - Director
The latest financial statements of Ultra 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 Ultra Laboratories is 29AAACU8290K1ZP, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 29AAACU8290K2ZO (Karnataka).
The CIN (Corporate Identification Number) of Ultra Laboratories is U24231KA2006PTC038442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ultra Laboratories has 18 court cases on record: 10 filed by the company and 8 filed against it. 2 are pending. Most are in the district courts.
Ultra Laboratories was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Ultra Laboratories by revenue are Allegro Speciality Chemicals Private Limited, Sigma Laboratories Private Limited, Revinto Life Science Private Limited, Fortcaps Healthcare Limited, Bio Medica Laboratories Limited and 3 more, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Meghna Nair was appointed as Director on 16 Apr 2025. Sukumaran Nair Rajesh ceased to be Whole-Time Director on 17 Jan 2022. Chithralekha Ramachandran Thampy ceased to be Managing Director on 13 Jan 2022. Ultra Laboratories has 9 board changes on record in total.
Yes, Ultra Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0008686).
Ultra Laboratories can be reached through the website ultralabsindia.com. Its registered office is in Bangalore, Karnataka, India.