- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-18-0039592

About Vikas Laboratories Private Limited
Data last updated:
Vikas Laboratories Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the personal care and skincare products segment of the FMCG sector. It was incorporated on 25 October 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24240MH2000PTC129376. Its GSTIN is 27AABCV3359D1ZE (Maharashtra).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹45 Lakh. It is led by directors Harish Subramaniam Iyer (Managing Director) and Sudha Harish Iyer.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A – 10 Sidhpura Industrialestate Off L B S Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086.
As per the financials filed for FY 2025, the company reported a revenue of ₹28.99 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹2.14 Cr (net margin 7.4%) and EBITDA of ₹4.04 Cr (EBITDA margin 13.9%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 10% over five years.
The company has about 38 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Vikas Pathology Lab and Vikaslabs. As per MCA filings, the company has open charges of ₹3.06 Cr and satisfied charges of ₹3.1 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 1 case is pending.
Vikas Laboratories Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0039592). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vikaslab.com.
Company details
Recognitions & Rankings of Vikas Laboratories
Contact details
Vikas Laboratories Private Limited's registered office is in Mumbai, Maharashtra. Its website is vikaslab.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressA – 10 Sidhpura Industrialestate Off L B S Marg Ghatkopar West, Mumbai, Maharashtra, India – 400086
- IndustryFMCG, Personal Care & Skincare Products
To see the full contact details of Vikas 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
Brands
Vikas Laboratories operates two associated brands: Vikas Pathology Lab and VIKASLABS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates a chain of pathology labs for diagnostic services. | vikaslabs.com | |
| Manufacturing of personal care products and contract services in India. | vikaslab.com |
Business activity
The main business activity of Vikas 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 Vikas Laboratories Private Limited, buy the company report.
Financials of Vikas Laboratories Private Limited
FY 2025 filings availableVikas Laboratories Private Limited reported revenue of ₹28.99 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 17% growth in the latest year. EBITDA fell 5% 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 | ₹4.04 Cr | ||||
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| Net Profit (PAT) | ₹2.14 Cr | ||||
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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 | 13.9% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Vikas Laboratories Private Limited, buy the company report.
Board of directors of Vikas Laboratories Private Limited
Vikas Laboratories has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudha Harish Iyer Also directs: Vikas Resources LLP | Director | 25 Oct 2000 | 26 Years 0 Months | Current |
| Harish Subramaniam Iyer Also directs: Vikas Resources LLP | Managing Director | 25 Oct 2000 | 26 Years 0 Months | Current |
Auditor
Vikas Laboratories Private Limited is audited by Shah Dharmesh & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Shah Dharmesh & Associates | FY 2023 | 108055 |
Shareholding
The shareholding of Vikas 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 Vikas Laboratories Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Aug 2015 | 10586372 | Others | ₹3.06 Cr | Open | |
| 12 Feb 2004 | 90149491 | State Bank of India | ₹1.55 Cr | Satisfied | |
| 23 Dec 2003 | 90144858 | State Bank of India | ₹95 Lakh | Satisfied | |
| 23 Dec 2003 | 90146560 | State Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of Vikas Laboratories Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Vikas Laboratories Private Limited has 4 court cases on record: 2 filed by Vikas Laboratories, 2 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
| High courts | 2 | 0 | 1 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed by the company against The State of Maharashtra and Ors. | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed by the company against Union of India and 2 Ors and 2 others | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by S. Y. Bhosale, Inspector Maha. Pvt. Security Guard | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Vikas 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
Vikas Laboratories Private Limited has 4 MSME Form 1 returns on record between 2019 and 2023, listing 72 overdue payments to 19 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 19)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| S K Enterprises | |||
| Sicon Packs Private Limited | |||
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Vikas Laboratories Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Vikas Laboratories Private Limited has a workforce of 38 employees on its EPFO records as of Mar 29, 2024, across 1 active EPFO establishment.
GST
Vikas Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV3359D1ZE | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vikas Laboratories Private Limited, buy the company report.
Recent activity
Vikas Laboratories Private Limited has 2 board changes on record since 2000: 2 appointments. The latest: Harish Subramaniam Iyer was appointed as Managing Director on 25 Oct 2000.
1 earlier event is in the company report.
Frequently asked questions
Vikas Laboratories is an active private limited company based in Mumbai, Maharashtra, India. The company works in personal care and skincare products, within the FMCG industry. It was incorporated on 25 October 2000 (26+ years old) and is registered under CIN U24240MH2000PTC129376.
Vikas Laboratories has 2 current directors:
- Harish Subramaniam Iyer - Managing Director
- Sudha Harish Iyer - Director
The latest financial statements of Vikas Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vikas Laboratories is 27AABCV3359D1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vikas Laboratories is U24240MH2000PTC129376. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vikas Laboratories has 4 court cases on record: 2 filed by the company and 2 filed against it. 1 is pending. Most are in the district courts.
Vikas Laboratories was incorporated on 25 October 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Harish Subramaniam Iyer was appointed as Managing Director on 25 Oct 2000. Sudha Harish Iyer was appointed as Director on 25 Oct 2000.
Yes, Vikas Laboratories is registered as a small enterprise under Udyam registration (number: UDYAM-MH-18-0039592).
Vikas Laboratories has 4 MSME Form 1 returns on record between 2019 and 2023, listing 72 overdue payments to 19 micro and small suppliers. The latest return was filed on 29 Aug 2023.
Vikas Laboratories can be reached through the website vikaslab.com. Its registered office is in Mumbai, Maharashtra, India.

