Chethana Formulations Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.34 M
- Company Age 31 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.76 Cr
- Satisfied Charges ₹ 3.70 M
- Revenue Growth 77.96%
- Profit Growth 184.85%
- Ebitda 123.03%
- Net Worth 38.49%
- Total Assets 29.88%
About Chethana Formulations
Chethana Formulations Private Limited (CFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 March 1993 and has a history of 31 years and ten months. Its registered office is in Malappuram, Kerala, 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 1.00 M and a paid-up capital of Rs 0.34 M.
The company currently has active open charges totaling ₹3.76 Cr. The company has closed loans amounting to ₹3.70 M, as per Ministry of Corporate Affairs (MCA) records.
Damodar Avanoor, Avanoormana Nambudiri, Sharath Nambudiri, and Three other members serve as directors at the Company.
Company Details
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Location
Malappuram, Kerala, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U24231KL1993PTC007047
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Company No.
007047
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
22 Mar 1993
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Date of AGM
29 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ernakulam
Industry
What products or services does Chethana Formulations Private Limited offer?
Chethana Formulations Private Limited offers a wide range of products and services, including Pharmaceutical Medicine, Proprietary Medicines, Pharmaceutical Products, Common Disease Medicines, Herbal Oil, Herbal Medicinal Oil, Chemical Intermediates, Xylidine.
Who are the key members and board of directors at Chethana Formulations?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gopika Avanoor
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Director | 08-Jan-2016 | Current |
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Damodar Avanoor
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Whole-Time Director | 03-May-2004 | Current |
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Avanoormana Nambudiri
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Director | 22-Mar-1993 | Current |
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Sharath Nambudiri
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Director | 01-Feb-2014 | Current |
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Puthumana Damodaran
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Director | 13-Jun-2014 | Current |
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Kunnakkavu Purushothaman
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Whole-Time Director | 03-May-2004 | Current |
Financial Performance of Chethana Formulations.
Chethana Formulations Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 77.96% increase. The company also saw a substantial improvement in profitability, with a 184.85% increase in profit. The company's net worth Soared by an impressive increase of 38.49%.
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What is the Ownership and Shareholding Structure of Chethana Formulations?
In 2023, Chethana Formulations had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Chethana Medicaments Pvt LtdDamodar Avanoor, Avanoormana Nambudiri and 1 more are mutual person
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Variety Pharmaceuticals Pvt LtdDamodar Avanoor is a mutual person
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Chethana Merchandise Private LimitedDamodar Avanoor, Sharath Nambudiri and 1 more are mutual person
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Chelamala Field Latex Producer Company Limited
Damodar Avanoor is a mutual person
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Chethana Remedies (India) Private Limited
Damodar Avanoor and Sharath Nambudiri are mutual person
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Sreeparna Pharmaceutical Distributors Private Limited
Damodar Avanoor is a mutual person
Charges (Loans)
₹37.61 M
₹3.70 M
Charges Breakdown by Lending Institutions
- Dhanlaxmi Bank Limited : 3.76 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Mar 2023 | Dhanlaxmi Bank Limited | ₹1.14 Cr | Open |
| 07 May 2021 | Dhanlaxmi Bank Limited | ₹1.00 M | Open |
| 27 Jul 2020 | Dhanlaxmi Bank Limited | ₹1.03 M | Open |
| 20 Mar 2020 | Dhanlaxmi Bank Limited | ₹1.43 M | Open |
| 10 Dec 2004 | Dhanlaxmi Bank Limited | ₹2.28 Cr | Open |
How Many Employees Work at Chethana Formulations?
Chethana Formulations has a workforce of 22 employees as of Apr 05, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Chethana Formulations, 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 Chethana Formulations's trajectory.
Rating
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
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