Akin Laboratories Pvt Ltd

Pharmaceutical company manufacturing drugs and medicines since 1975 in Hyderabad, Telangana.

1975 | Hyderabad, Telangana (India) | Active
Last Updated: July 03, 2024

Akin Laboratories Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.40 M
  • Company Age 49 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.28 Cr
  • Satisfied Charges ₹ 1.15 Cr
  • Revenue Growth 14.99%
  • Profit Growth 703.57%
  • Ebitda 124.96%
  • Net Worth 48.38%
  • Total Assets -2.56%

About Akin Laboratories

Akin Laboratories Pvt Ltd (ALPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 August 1975 and has a history of 49 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Pharma Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.40 M.

The company currently has active open charges totaling ₹2.28 Cr. The company has closed loans amounting to ₹1.15 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kartik Akinepally, Mamidi Venugopal, and Arun Akinepally serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U85101TG1975PTC001925

  • Company No.

    001925

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Aug 1975

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

Who are the key members and board of directors at Akin Laboratories?

Executive Team (1)

Name Designation Appointment Date Status
Arun Akinepally Country flag representing In Managing Director 29-Sep-1981 Current

Board Members (2)

Name Designation Appointment Date Status
Kartik Akinepally Country flag representing In Whole-Time Director 12-Oct-2018 Current
Mamidi Venugopal Country flag representing In Whole-Time Director 15-Jun-2007 Current

Financial Performance of Akin Laboratories.

Akin Laboratories Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 14.99% increase. The company also saw a substantial improvement in profitability, with a 703.57% increase in profit. The company's net worth Soared by an impressive increase of 48.38%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
14.99%
Revenue from Operations
14.91%
Total Assets
-2.56%
Profit or Loss
703.57%
Net Worth
48.38%
EBITDA
124.96%

What is the Ownership and Shareholding Structure of Akin Laboratories?

In 2023, Akin Laboratories had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹22.81 M

Satisfied Charges

₹11.50 M

Charges Breakdown by Lending Institutions

  • Andhra Bank Limited : 0.85 Cr
  • Andhra Bank : 0.81 Cr
  • Hdfc Bank Limited : 0.46 Cr
  • Andhtra Bank : 0.16 Cr
  • Andhra Bank Ltd : 0.01 Cr
  • Others : 0.00 Cr

Latest Charge Details

Date Lender Amount Status
31 Dec 2022 Hdfc Bank Limited ₹1.05 M Open
13 Mar 2018 Hdfc Bank Limited ₹3.50 M Open
29 Jan 1991 Andhra Bank ₹8.10 M Open
02 Jun 1990 Andhra Bank Limited ₹1.28 M Open
07 May 1990 Andhtra Bank ₹0.78 M Open

How Many Employees Work at Akin Laboratories?

Akin Laboratories has a workforce of 22 employees as of Mar 24, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akin Laboratories, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akin Laboratories's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Akin Laboratories

Recent activity within the organization

  • Annual General Meeting

    Akin Laboratories Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Akin Laboratories Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.05 M with Charge ID 100696673 was registered on 31 Dec 2022.

    31 Dec 2022

  • Director Appointment

    Kartik Rao Akinepally was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 12 Oct 2018 & has been associated with this company since 6 years 3 months .

    12 Oct 2018

  • Charges

    A charge registered on 04 Mar 1996 via Charge ID 90123851 with State Bank Of Hyderabad was fully satisfied on 02 May 2018.

    02 May 2018

  • Charges

    A charge registered on 04 Mar 1996 via Charge ID 90122503 with State Bank Of Hyderabad was fully satisfied on 02 May 2018.

    02 May 2018

Frequently asked questions

  • Akin Laboratories Pvt Ltd was incorporated on 16 Aug 1975.

  • The authorized share capital of Akin Laboratories Pvt Ltd is ₹ 0.50 M and paid-up capital is ₹ 0.40 M.

  • Currently 3 directors are associated with Akin Laboratories Pvt Ltd.

    • Kartik Rao Akinepally
    • Mamidi Venugopal
    • Arun Rao Akinepally
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akin Laboratories Pvt Ltd is S-11 Phase-Ii Tie Balanagar, Hyderabad, Telangana, India, 500037.

  • The corporate identification number (CIN) of Akin Laboratories Pvt Ltd is U85101TG1975PTC001925 and the company number is 001925 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Akin Laboratories Pvt Ltd is https://www.akinlabs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Akin Laboratories Pvt Ltd has risen by 14.99%.

  • As Per 2023 financial reports, 22 employees are currently employed by Akin Laboratories Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Akin Laboratories Pvt Ltd has experienced an upsurge of 48.38%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Akin Laboratories Pvt Ltd amount to ₹ 2.28 Cr.

  • The most recent Balance Sheet for Akin Laboratories Pvt Ltd was filed with the ROC on 31 Mar 2023.

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