Balaxi Pharmaceuticals Limited

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

1942 | Hyderabad, Telangana (India) | Active
Last Updated: January 04, 2025

Balaxi Pharmaceuticals Profile

Key Indicators

  • Authorised Capital ₹ 40.00 Cr
  • Paid Up Capital ₹ 11.04 Cr
  • Company Age 82 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 35.00 Cr
  • Satisfied Charges ₹ 34.29 Cr
  • Revenue Growth 17.32%
  • Profit Growth -3.08%
  • Ebitda -8.61%
  • Net Worth 33.92%
  • Total Assets 18.86%

About Balaxi Pharmaceuticals

Balaxi Pharmaceuticals Limited (BPL) was founded in India on 28 September 1942 and has a glorious history of 82 years and four 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 The Anandam Rubber Company 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. Kunal Bhakta, Gandhi Gamji, Akshita Surana, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    balaxiventures.in

  • 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

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

Executive Team (3)

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

Board Members (5)

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

Financial Performance of Balaxi Pharmaceuticals.

Balaxi Pharmaceuticals Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 17.32% increase. The company also saw a slight decrease in profitability, with a 3.08% decrease in profit. The company's net worth Soared by an impressive increase of 33.92%.

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
17.32%
Revenue from Operations
16.60%
Total Assets
18.86%
Profit or Loss
-3.08%
Net Worth
33.92%
EBITDA
-8.61%

What is the Ownership and Shareholding Structure of Balaxi Pharmaceuticals?

In 2023, Balaxi Pharmaceuticals had a promoter holding of 71.56% and a public holding of 28.44%. 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.

Graph showing employee growth trends

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 3 months 1 day .

    21 Nov 2024

  • Charges

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

    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.

    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.

    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 5 months 17 days .

    05 Sep 2024

  • Annual General Meeting

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

    23 Aug 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Balaxi Pharmaceuticals Limited was incorporated on 28 Sep 1942.

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

  • Currently 8 directors are associated with Balaxi Pharmaceuticals Limited.

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

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

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

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

  • According to the financial reports for the fiscal year 2022, the revenue trend for Balaxi Pharmaceuticals Limited has risen by 17.32%.

  • As Per 2022 financial reports, 49 employees are currently employed by Balaxi Pharmaceuticals Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Balaxi Pharmaceuticals Limited has experienced an upsurge of 33.92%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Balaxi Pharmaceuticals Limited amount to ₹ 35.00 Cr.

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

Similar Companies Based on Pharmaceutical Retailers & Distributors