Albat Remedies Limited

Manufactures and trades medical and laboratory equipment under various brands since 2014.

2014 | Krishnagiri, Tamil Nadu (India) | Active
Last Updated: January 13, 2025

Albat Remedies Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 0.50 M
  • Company Age 11 Year, 11 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.00 M
  • Revenue Growth -50.50%
  • Profit Growth -37.65%
  • Ebitda -35.97%
  • Net Worth 13.64%
  • Total Assets 28.83%

About Albat Remedies

Albat Remedies Limited (ARL) is a Public Limited Indian Non-Government Company incorporated in India on 23 January 2014 and has a history of 11 years. Its registered office is in Krishnagiri, Tamil Nadu, India.

The Company is engaged in the Healthcare Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹3.00 M.

Abhijeeth Sakaria, Thanmal Kumar, and Yashwant Sakaria serve as directors at the Company.

Company Details

  • Location

    Krishnagiri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24100TZ2014PLC029852

  • Company No.

    029852

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2014

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Healthcare

What products or services does Albat Remedies Limited offer?

Albat Remedies Limited offers a wide range of products and services, including Surgical & ICU Equipments, Stethoscope, Physiotherapy & Rehab Aids, Medical Pillow.

Who are the key members and board of directors at Albat Remedies?

Board Members (3)

Name Designation Appointment Date Status
Abhijeeth Sakaria Country flag representing In Director 23-Jan-2014 Current
Thanmal Kumar Country flag representing In Director 06-Jun-2014 Current
Yashwant Sakaria Country flag representing In Director 23-Jan-2014 Current

Financial Performance of Albat Remedies.

Albat Remedies Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 50.5% decrease. The company also saw a substantial fall in profitability, with a 37.65% decrease in profit. The company's net worth Soared by an impressive increase of 13.64%.

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
-50.50%
Revenue from Operations
-51.02%
Total Assets
28.83%
Profit or Loss
-37.65%
Net Worth
13.64%
EBITDA
-35.97%

What is the Ownership and Shareholding Structure of Albat Remedies?

In 2022, Albat Remedies 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

₹3.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.30 Cr

Latest Charge Details

Date Lender Amount Status
05 Jan 2022 Others ₹3.00 M Open

How Many Employees Work at Albat Remedies?

Unlock and access historical data on people associated with Albat Remedies, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Albat Remedies, 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 Albat Remedies'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 Albat Remedies

Recent activity within the organization

  • Annual General Meeting

    Albat Remedies Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Albat Remedies Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 3.00 M with Charge ID 100528731 was registered on 05 Jan 2022.

    05 Jan 2022

  • Director Appointment

    Thanmal Dinesh Kumar was appointed as a Director was appointed as a Director on 06 Jun 2014 & has been associated with this company since 10 years 7 months .

    06 Jun 2014

  • Director Appointment

    Abhijeeth Dinesh Sakaria was appointed as a Director was appointed as a Director on 23 Jan 2014 & has been associated with this company since 11 years 11 days .

    23 Jan 2014

  • Director Appointment

    Yashwant Dinesh Sakaria was appointed as a Director was appointed as a Director on 23 Jan 2014 & has been associated with this company since 11 years 11 days .

    23 Jan 2014

Frequently asked questions

  • Albat Remedies Limited was incorporated on 23 Jan 2014.

  • The authorized share capital of Albat Remedies Limited is ₹ 2.00 M and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Albat Remedies Limited.

    • Abhijeeth Dinesh Sakaria
    • Thanmal Dinesh Kumar
    • Yashwant Dinesh Sakaria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Albat Remedies Limited is B-6 Albat House, Sidco Industrial Estate Phase - I Zuzuvadi Village India, Hosur, Tamil Nadu, 635126.

  • The corporate identification number (CIN) of Albat Remedies Limited is U24100TZ2014PLC029852 and the company number is 029852 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Albat Remedies Limited is https://www.albat.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Albat Remedies Limited has fallen by -50.50%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Albat Remedies Limited has experienced an upsurge of 13.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Albat Remedies Limited amount to ₹ 3.00 M.

  • The most recent Balance Sheet for Albat Remedies Limited was filed with the ROC on 31 Mar 2024.

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