Balaxi Pharmaceuticals Limited

Pharmaceutical company distributing prescription and OTC drugs and personal items globally.

1942 | Hyderabad, Telangana (India) | Active
Last Updated:

Balaxi Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 11.04 Cr
  • Company Age 82 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 34.29 Cr
  • Revenue Growth -36.73%
  • Profit Growth -77.50%
  • Ebitda -68.87%
  • Net Worth 43.96%
  • Total Assets 18.99%

About Balaxi Pharmaceuticals

Balaxi Pharmaceuticals Limited (BPL) was founded in India on 28 September 1942 and has a glorious history of 82 years and seven months. Its registered office is in Hyderabad, Telangana, India.

It is listed on the National Stock Exchange(NSE) under the ticker symbol BALAXI.

The Corporate was formerly known as Balaxi Ventures Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 40.00 Cr and a paid-up capital of Rs 11.04 Cr.

The company currently has active open charges totaling ₹35.00 Cr. The company has closed loans amounting to ₹34.29 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balaxi Pharmaceuticals Limited India are Amol Mantri as CFO and Mohith Khandelwal as Company Secretary. Maheshwari Minoshi, Ashish Maheshwari, Kunal Bhakta, and Three other members 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

    L25191TG1942PLC121598

  • Company No.

    121598

  • Stock Symbol

    NSE : BALAXI

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 1942

  • Date of AGM

    23 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Hyderabad

Industry

Pharma
Company report

Balaxi Pharmaceuticals Limited

Explore comprehensive data for Balaxi Pharmaceuticals Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Balaxi Pharmaceuticals?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashish Maheshwari Country flag representing In Managing Director04-May-2017Current
Amol Mantri CFO20-May-2021Current
Mohith Khandelwal Company Secretary21-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Kunal Bhakta Country flag representing In Director 04-May-2017Current
Maheshwari Minoshi Country flag representing In Director 04-May-2017Current
Gandhi Gamji Country flag representing In Director 04-May-2017Current
Mangina Srinivas Country flag representing In Director 15-Sep-2020Current
Akshita Surana Country flag representing In Director 05-Sep-2024Current

Financial Performance of Balaxi Pharmaceuticals.

Balaxi Pharmaceuticals Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 36.73% decrease. The company also saw a substantial fall in profitability, with a 77.5% decrease in profit. The company's net worth Soared by an impressive increase of 43.96%.

Balaxi Pharmaceuticals revenue growth over time
Balaxi Pharmaceuticals 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
-36.73%
Revenue from Operations
-35.09%
Total Assets
18.99%
Profit or Loss
-77.50%
Net Worth
43.96%
EBITDA
-68.87%

What is the Ownership and Shareholding Structure of Balaxi Pharmaceuticals?

In 2024, Balaxi Pharmaceuticals had a promoter holding of 66.86% and a public holding of 33.13%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹35.00 Cr

Satisfied Charges

₹34.29 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 35.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Sep 2024Yes Bank Limited₹35.00 CrOpen
26 Jul 2022Others₹31.00 CrSatisfied
29 Jun 2021Yes Bank Limited₹1.00 CrSatisfied
23 Jun 2020Others₹2.10 MSatisfied
22 Apr 2015Hedge Finance Limited₹2.00 CrSatisfied

How Many Employees Work at Balaxi Pharmaceuticals?

Balaxi Pharmaceuticals has a workforce of 49 employees as of Apr 03, 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.

Employee growth trends for Balaxi Pharmaceuticals Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balaxi Pharmaceuticals, 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 Balaxi Pharmaceuticals'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 Balaxi Pharmaceuticals

Recent activity within the organization

  • Director Appointment

    Mohith Kumar Khandelwal was appointed as a Company Secretary was appointed as a Company Secretary on 21 Nov 2024 & has been associated with this company since 5 months 23 days .

  • Charges

    A charge registered on 26 Jul 2022 via Charge ID 100634052 with Others was fully satisfied on 13 Nov 2024.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 35.00 Cr with Charge ID 100983181 was registered on 16 Sep 2024.

  • Charges

    A charge registered on 29 Jun 2021 via Charge ID 100459808 with Yes Bank Limited was fully satisfied on 05 Sep 2024.

  • Director Appointment

    Akshita Surana was appointed as a Director was appointed as a Director on 05 Sep 2024 & has been associated with this company since 8 months 8 days .

  • Annual General Meeting

    Balaxi Pharmaceuticals Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Balaxi Pharmaceuticals Limited?

    Balaxi Pharmaceuticals Limited was incorporated on 28 Sep 1942.

  • What is authorized share capital and paid-up capital of Balaxi Pharmaceuticals Limited?

    The authorized share capital of Balaxi Pharmaceuticals Limited is ₹ 40.00 Cr and paid-up capital is ₹ 11.04 Cr.

  • Who are the current board members & directors of Balaxi Pharmaceuticals Limited?

    Currently 8 directors are associated with Balaxi Pharmaceuticals Limited.

    • Maheshwari Minoshi
    • Ashish Maheshwari
    • Kunal Mahendra Bhakta
    • Gandhi Gamji
    • Mangina Rao Srinivas
    • Akshita Surana
    • Amol Anand Mantri
    • Mohith Kumar Khandelwal

  • What is the registered address of Balaxi Pharmaceuticals Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balaxi Pharmaceuticals Limited is Plot No.409 H.No. 8-2-293 Maps Towers 3Rd Floor Phase-Iii Road No.81, Jubilee Hills India, Hyderabad, Telangana, 500096.

  • What is the corporate identification number (CIN) and company number of Balaxi Pharmaceuticals Limited?

    The corporate identification number (CIN) of Balaxi Pharmaceuticals Limited is L25191TG1942PLC121598 and the company number is 121598 as per Ministry of Corporate Affairs (MCA).

  • Is Balaxi Pharmaceuticals Limited registered with any stock exchange in India?

    Yes, Balaxi Pharmaceuticals Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Balaxi Pharmaceuticals Limited?

    The Official website of Balaxi Pharmaceuticals Limited is https://www.balaxiventures.in

  • What has been the recent revenue trend for Balaxi Pharmaceuticals Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Balaxi Pharmaceuticals Limited has fallen by -36.73%.

  • How many employees does Balaxi Pharmaceuticals Limited currently have?

    As Per 2024 financial reports, 49 employees are currently employed by Balaxi Pharmaceuticals Limited.

  • What change has been observed in the net worth of Balaxi Pharmaceuticals Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Balaxi Pharmaceuticals Limited has experienced an upsurge of 43.96%.

  • What are the total open charges for Balaxi Pharmaceuticals Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Balaxi Pharmaceuticals Limited amount to ₹ 35.00 Cr.

  • When was the last Balance Sheet of Balaxi Pharmaceuticals Limited filed with the ROC?

    The most recent Balance Sheet for Balaxi Pharmaceuticals Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Pharmaceutical Retailers & Distributors