Zenlabs Ethica Limited - financial services in Chandigarh, India. FY 2026 financials & compliance.
CIN L74900CH1993PLC033112 Incorporated 20 July 1993 ROC Chandigarh HQ Chandigarh, India
Active Listed - BSE: 530697 Public Limited Company financial services MSME · Medium
Data last updated
Market Cap
₹17.15 Cr
ZENLABS · BSE
Share Price
₹26.95
+2.32% today
Revenue
₹46.92 Cr
FY 2025-26 · -8.8% YoY
EBITDA
−₹0.29 Cr
Margin -0.6%
Net Profit
₹0.03 Cr
FY 2025-26 · -88.9% YoY
ROE
0.2%
ROCE 4.7%
Debt / Equity
1.25
Interest cover -68.6x
Authorised capital
₹20 Cr
Registered with MCA

About Zenlabs Ethica Limited

Data last updated:

Zenlabs Ethica Limited is a public limited company based in Chandigarh, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 20 July 1993 and has been in existence for over 33 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L74900CH1993PLC033112. The company has 1 GST registration on record, which is no longer active. It is a listed company as per MCA records. Its shares are listed on BSE: 530697.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹6.51 Cr. It was formerly known as Shri Lakhavi Infotech Limited and Neelkanth Technologies Limited. It is led by directors including Sanjeev Singal (Managing Director) and Sanjay Dhir (Whole-Time Director).

Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Plot No. 194 – 195 3rd Floor Industrial Area Phase II Ram Darbar, Chandigarh, India – 160002.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹46.92 Cr, a decline of 8.8% compared to the previous year. For the same year it recorded a net profit of ₹3 Lakh (net margin 0.1%) and EBITDA of -₹29 Lakh (EBITDA margin -0.6%). The net worth stands at ₹8.51 Cr (down 18.4% YoY). Total assets are valued at ₹20.58 Cr (down 16.4% YoY).

The company has about 16 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Zenlabs. As per MCA filings, the company has open charges of ₹8.37 Cr on record. Court records list 8 cases involving the company, including 5 filed by the company and 3 filed against it; 2 cases are pending. The company has 29 deals on record (29 market trades); the latest was in March 2026. Its 3 peer companies in the BFSI industry (Formulations, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 2 smaller; the largest is Junna Life Sciences Private Limited with revenue of ₹51.69 Cr. The company has 20 MSME Form 1 returns on record between 2019 and 2023, listing 3,041 overdue payments to 7 micro and small suppliers.

Zenlabs Ethica Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-CH-01-0009868). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website zenlabsethica.com.

Company details

CIN L74900CH1993PLC033112
Registration Number 033112
Incorporation Date 20 July 1993
ROC Chandigarh
Listing Status Listed - Listed on BSE (530697)
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-CH-01-0009868

Name history

Zenlabs Ethica has undergone 3 name changes throughout its history. The company was previously known as Shri Lakhavi Infotech Limited, Neelkanth Technologies Limited, and Shri Lakhavi Financial Services Limited. The current legal name is Zenlabs Ethica Limited.

Company NameStatus
Zenlabs Ethica LimitedCurrent
Shri Lakhavi Infotech LimitedPrevious
Neelkanth Technologies LimitedPrevious
Shri Lakhavi Financial Services LimitedPrevious

CIN history

Zenlabs Ethica has 5 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L74900CH1993PLC033112, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L74900CH1993PLC033112Current
L65920CH1993PLC033112Previous
L65920MH1993PTC072999Previous
U65920MH1993PTC072999Previous
L65920MH1993PLC072999Previous
U65920MH1993PLC072999Previous

Recognitions & Rankings of Zenlabs Ethica

MSME (Udyam registered) Ministry of MSME
Category
Medium (2023-24)
Udyam number
UDYAM-CH-01-0009868

Contact details

Zenlabs Ethica Limited's registered office is in Chandigarh, Chandigarh. Its website is zenlabsethica.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. 194 – 195 3rd Floor Industrial Area Phase II Ram Darbar, Chandigarh, India – 160002
  • Industry
    Financial Services, NBFC, Investment & Credit NBFC

To see the full contact details of Zenlabs Ethica Limited, buy the company report.

Comprehensive company report
Zenlabs Ethica 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

Zenlabs Ethica operates one associated brand: Zenlabs. Each brand links to its own profile.

BrandDescriptionWebsite
Pharmaceutical drugs for multiple therapeutic areas are manufactured by Zenlabs.zenlabsethica.com

Business activity

The main business activity of Zenlabs Ethica is trade. In detail, this covers wholesale trading.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GTradeG1Wholesale Trading

To see the full business activity and turnover split of Zenlabs Ethica Limited, buy the company report.

Financials of Zenlabs Ethica Limited

FY 2025-26 filings available

Zenlabs Ethica Limited reported revenue of ₹46.92 Cr (down 8.8% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹46.92 Cr
-8.8% YoY
EBITDA
−₹0.29 Cr
-111.3% YoY
Profit After Tax
₹0.03 Cr
-88.9% YoY
Net Worth
₹8.51 Cr
-18.4% YoY
Total Assets
₹20.58 Cr
-16.4% YoY
Total Debt
₹10.98 Cr
-13.6% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue46.9251.4258.5666.8969.0956.6459.95
Revenue growth-8.8%-12.2%-12.5%-3.2%+22.0%-5.5%-
EBITDA(0.29)2.572.402.342.411.73(0.70)
EBITDA margin-0.6%+5.0%+4.1%+3.5%+3.5%+3.1%-1.2%
Profit before tax(1.81)0.430.580.691.240.85(1.17)
Net profit0.030.270.420.920.800.77(0.74)
Net profit margin+0.1%+0.5%+0.7%+1.4%+1.2%+1.4%-1.2%
EPS (₹)(2.97)0.410.650.751.201.18(1.13)
Balance sheet
Total assets20.5824.6326.5016.8614.5111.458.51
Net worth8.5110.4310.129.709.338.567.41
Total debt10.9812.7114.865.853.902.600.73
Cash & bank2.911.800.931.641.511.702.09
Net working capital18.4721.3721.8010.8710.036.746.34
Cash flow
Cash from operations4.063.83(9.06)1.52(0.38)(8.41)0.45
Cash from investing0.000.140.11(1.47)0.000.150.01
Cash from financing(2.95)(3.08)8.240.060.31(0.52)(0.03)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue14.1810.5812.4312.4311.4812.9912.7213.35
Revenue growth (YoY)+23.5%-18.6%-2.3%-6.9%-7.1%---
Other income0.000.120.000.060.000.040.000.00
Total expenses14.4710.3013.9911.9910.9312.3312.0412.73
EBITDA(0.29)0.28(1.56)0.440.550.660.680.62
EBITDA margin-2.0%+2.6%-12.6%+3.5%+4.8%+5.1%+5.3%+4.6%
Depreciation0.110.140.230.240.290.310.320.31
Interest0.160.180.230.190.210.230.240.23
Profit before tax(0.56)0.08(2.02)0.070.050.160.120.08
Tax0.020.080.000.040.010.070.040.02

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 24 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue14.1810.5812.4312.4311.4812.9912.7213.35
Revenue growth (YoY)+23.5%-18.6%-2.3%-6.9%-7.1%---
Other income0.000.120.000.060.000.040.000.00
Total expenses14.4710.3013.9911.9910.9312.3312.0412.73
EBITDA(0.29)0.28(1.56)0.440.550.660.680.62
EBITDA margin-2.0%+2.6%-12.6%+3.5%+4.8%+5.1%+5.3%+4.6%
Depreciation0.110.140.230.240.290.310.320.31
Interest0.160.180.230.190.210.230.240.23
Profit before tax(0.56)0.08(2.02)0.070.050.160.120.08
Tax0.020.080.000.040.010.070.040.02
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue46.9251.4258.5666.8969.0956.6459.95
Revenue growth-8.8%-12.2%-12.5%-3.2%+22.0%-5.5%-
Other income0.180.050.300.130.090.120.05
Total expenses47.2148.8556.1664.5566.6854.9160.65
Employee cost4.174.204.464.333.903.423.24
EBITDA(0.29)2.572.402.342.411.73(0.70)
EBITDA margin-0.6%+5.0%+4.1%+3.5%+3.5%+3.1%-1.2%
Depreciation0.891.261.291.250.890.710.29
Interest0.810.930.830.530.370.290.23
Profit before tax(1.81)0.430.580.691.240.85(1.17)
Tax0.120.160.160.180.440.09(0.43)
Net profit0.030.270.420.920.800.77(0.74)
Net profit margin+0.1%+0.5%+0.7%+1.4%+1.2%+1.4%-1.2%
EPS (₹)(2.97)0.410.650.751.201.18(1.13)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital6.516.516.516.516.516.516.51
Reserves & surplus2.003.923.613.192.822.050.90
Shareholders' funds (net worth)8.5110.4310.129.709.338.567.41
Secured loans8.7811.2312.342.671.360.380.32
Unsecured loans2.201.482.523.182.542.220.41
Total debt10.9812.7114.865.853.902.600.73
Total liabilities20.5824.6326.5016.8614.5111.458.51
Assets
Gross block4.658.829.129.166.415.502.29
Net block1.872.293.695.033.533.511.12
Capital work in progress0.000.000.000.000.000.000.00
Investments0.000.700.700.700.700.700.70
Inventories15.0113.1012.0011.378.665.184.60
Sundry debtors15.7019.5420.7321.7020.7418.8822.24
Cash & bank balances2.911.800.931.641.511.702.09
Loans & advances1.482.921.892.802.501.732.89
Total current assets35.1037.3635.5537.5133.4127.4931.82
Total current liabilities16.6315.9913.7526.6423.3820.7525.48
Net working capital18.4721.3721.8010.8710.036.746.34
Total assets20.5824.6326.5016.8614.5111.458.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.790.911.621.511.5710.351.67
Net cash from operating activities4.063.83(9.06)1.52(0.38)(8.41)0.45
Net cash from investing activities0.000.140.11(1.47)0.000.150.01
Net cash from financing activities(2.95)(3.08)8.240.060.31(0.52)(0.03)
Net change in cash1.110.88(0.71)0.11(0.07)(8.78)0.43
Closing cash2.911.800.931.641.511.702.09
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-8.8%-12.2%-12.5%-3.2%+22.0%-5.5%-
EBITDA growth-111.3%+7.1%+2.6%-2.9%+39.3%+347.1%-
PBT growth--25.9%-15.9%-44.4%+45.9%+9998.0%-
Net income growth-88.9%-35.7%-54.4%+15.0%+3.9%+204.1%-
Revenue CAGR (3Y)-11.2%-9.4%+1.1%+3.7%+0.9%-7.6%-9.6%
EBITDA CAGR (3Y)-+2.2%+11.5%-+5.9%-2.2%-
Profitability & leverage
Net income margin-4.1%+0.5%+0.7%+0.8%+1.2%+1.3%-1.2%
Return on capital employed+4.7%+5.3%+6.5%+11.4%+12.3%+11.5%-10.7%
Return on net worth+0.2%+2.6%+4.2%+9.5%+8.7%+9.6%-9.3%
Debt / equity1.251.341.040.510.360.210.08
Long-term debt / equity0.060.110.230.270.220.140.04
Interest cover-68.6470.9974.7748.6224.3428.43-23.23
Efficiency & per share
Fixed asset turnover6.975.736.418.5911.6014.5426.47
Inventory turnover3.344.105.016.689.9811.5813.25
Debtors turnover2.662.552.763.153.492.752.54
EPS (₹)(2.97)0.410.650.751.201.18(1.13)
Dividend per share (₹)0.000.000.000.250.000.000.00
Book value per share (₹)13.0816.0115.5514.9114.3413.1611.38

To see the full year-wise statements and ratios of Zenlabs Ethica Limited, buy the company report.

Board of directors of Zenlabs Ethica Limited

Zenlabs Ethica has 5 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Sanjeev SingalManaging Director27 Aug 200818 Years 1 MonthsCurrent
HimjyotiDirector25 Mar 201511 Years 6 MonthsCurrent
Anurag MalhotraDirector11 Aug 201610 Years 2 MonthsCurrent
Sanjay DhirWhole-Time Director11 Aug 201610 Years 2 MonthsCurrent
Kuldeep SinghDirector10 Jun 20197 Years 4 MonthsCurrent

Peer comparison

Zenlabs Ethica Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Formulations, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (wholesale trading), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Junna Life Sciences Private Limited₹51.69 Cr (FY 2025)-25.0%Hyderabad, Telangana, India
CNX Healthcare Private Limited₹51.46 Cr (FY 2025)24.0%Mumbai, Maharashtra, India
KGN Pharmaceuticals Private Limited₹51.45 Cr (FY 2025)22.0%Mumbai, Maharashtra, India
Zenlabs Ethica Limitedthis company₹46.92 Cr (FY 2026)₹3 Lakh0.1%-8.8%16Chandigarh, India

To see the full peer comparison of Zenlabs Ethica Limited, buy the company report.

Auditor

Zenlabs Ethica Limited is audited by N. Kumar Chhabra and Co. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
N. Kumar Chhabra and Co.FY 2023000837N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 53.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 47.00%.

Promoters: 53.00%Retail & Others: 47.00%
Sep 2026
QUARTER
53.00% Promoters
47.00% Retail & Others
Promoter holding - history
Now 53.00% · Sep 2026High 53.00% · Dec 2025Low 53.00% · Dec 2025
52%52.5%53%53.5%54%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 53.00%Mar 2026: 53.00%Jun 2026: 53.00%Sep 2026: 53.00%53.00%53.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters53.00%53.00%53.00%53.00%
Public47.00%47.00%47.00%47.00%

Charges & borrowings

Open charges
₹8.37 Cr
Satisfied charges
None
Breakdown by lending institutions
Hdfc Bank Limited₹8.37 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
24 Aug 2022100606812Hdfc Bank Limited₹1.37 CrOpen
26 Nov 2021100508390Hdfc Bank Limited₹7 CrOpen

To see the full charge records of Zenlabs Ethica Limited, buy the company report.

Total charge records: 2 View all charges

Deals & funding

Zenlabs Ethica Limited has 29 deals on record (29 market trades); the latest was in March 2026.

Total deals
29
Market trades
29

Deals on record (5 of 29)

WhenDealAmountParties
Mar 2026Market trade₹7.3 LakhSeller: an individual
Dec 2025Market trade₹13.2 LakhBuyer: an individual
Seller: an individual
May 2019Market trade₹29 LakhBuyer: Alpha Leon Enterprises LLP
Seller: Alpha Leon Enterprises LLP , an individual
Mar 2018Market trade₹44.9 LakhBuyer: Eco Recycling Limited
Seller: an individual
Jan 2016Market trade₹3 LakhSeller: NBN Fintrade Private Limited

To see the full deal history of Zenlabs Ethica Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

Zenlabs Ethica Limited has 20 MSME Form 1 returns on record between 2019 and 2023, listing 3,041 overdue payments to 7 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 7)

SupplierAmount dueDue sinceReported on
Preet Remedies Limited
Quixotic Pharma Private Limited
Oasis Pharma and Phytomolecules Private Limited
Ultra Chiron Pharmaceuticals Pvt Ltd
Ultra Chiron Healthcare Private Limited

To see the full MSME payment records of Zenlabs Ethica Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Zenlabs Ethica Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.

Employee count
16
Active EPFO establishments
1
Employee growth
-15.79%

GST

Zenlabs Ethica has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.

Total GSTINs
1
Cancelled / inactive
1

To see the full GST registrations and return filing status of Zenlabs Ethica Limited, buy the company report.

Recent activity

Zenlabs Ethica Limited has 35 board changes on record since 1993: 20 appointments and 15 cessations. The latest: Akshay Saxena ceased to be Company Secretary on 19 Jul 2024.

Filing
Zenlabs Ethica Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
AGM
Zenlabs Ethica Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Ceased
Akshay Saxena ceased to be Company Secretary.
Charges
A charge with Hdfc Bank Limited of Rs. 7.00 Cr registered on 26 Nov 2021 with Charge ID 100508390 was modified on 23 Jan 2024.
Ceased
Ashok Kumar Gupta ceased to be Director.
Ceased
Hitesh Popatlal Oswal ceased to be Additional Director.
Appointed
Akshay Saxena was appointed as Company Secretary.
Ceased
Tanvi Chhabra ceased to be Company Secretary.
Appointed
Hitesh Popatlal Oswal was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.37 Cr with Charge ID 100606812 was registered on 24 Aug 2022.
Appointed
Tanvi Chhabra was appointed as Company Secretary.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 7.00 Cr with Charge ID 100508390 was registered on 26 Nov 2021.

29 earlier events are in the company report.

Frequently asked questions

Zenlabs Ethica is an active public limited company based in Chandigarh, India. The company works in nbfc, within the financial services industry. It was incorporated on 20 July 1993 (33+ years old) and is registered under CIN L74900CH1993PLC033112. Listed on BSE: 530697.

Zenlabs Ethica reported revenue of ₹46.92 Cr for FY 2025-26 (down 8.8% YoY) based on standalone financials.

Zenlabs Ethica has 5 current directors:

The latest financial statements of Zenlabs Ethica on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.

No. Zenlabs Ethica has 1 GST registration on record and it is cancelled or inactive.

The CIN (Corporate Identification Number) of Zenlabs Ethica is L74900CH1993PLC033112. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Zenlabs Ethica is a listed company as per MCA records. Its shares are listed on BSE (code: 530697).

Zenlabs Ethica has 8 court cases on record: 5 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.

Zenlabs Ethica was incorporated on 20 July 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.

Zenlabs Ethica has 29 deals on record (29 market trades); the latest was in March 2026.

The peers of Zenlabs Ethica by revenue are Junna Life Sciences Private Limited, CNX Healthcare Private Limited, KGN Pharmaceuticals Private Limited, all in the BFSI industry (Formulations, NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (wholesale trading).

Akshay Saxena ceased to be Company Secretary on 19 Jul 2024. Ashok Kumar Gupta ceased to be Director on 18 Oct 2023. Hitesh Popatlal Oswal ceased to be Additional Director on 30 Sep 2023. Zenlabs Ethica has 35 board changes on record in total.