Etico Lifesciences Private Limited

Develops parenteral formulations for various medical needs, incorporated in 2016 with office in Hyderabad.

2016 | Hyderabad, Telangana (India) | Active
Last Updated:

Etico Lifesciences Profile

Key Indicators

  • Authorised Capital ₹ 7.67 Cr
  • Paid Up Capital ₹ 6.83 Cr
  • Company Age 8 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 13.69 Cr
  • Satisfied Charges ₹ 3.10 Cr
  • Revenue Growth -59.06%
  • Profit Growth -85.94%
  • Ebitda -36.14%
  • Net Worth 30.00%
  • Total Assets 8.24%

About Etico Lifesciences

Etico Lifesciences Private Limited (ELPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 August 2016 (Eight years and seven months 8 days old ). 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 7.67 Cr and a paid-up capital of Rs 6.83 Cr.

The company currently has active open charges totaling ₹13.69 Cr. The company has closed loans amounting to ₹3.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Aluri, Venkatrao Aluri, and Srilatha Aluri 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

    U24100TG2016PTC111290

  • Company No.

    111290

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Aug 2016

  • 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 Etico Lifesciences?

Board Members (3)

NameDesignationAppointment DateStatus
Ashok Aluri Country flag representing In Director 03-Aug-2016Current
Venkatrao Aluri Country flag representing In Director 05-Jan-2017Current
Srilatha Aluri Country flag representing In Director 20-Mar-2019Current

Financial Performance of Etico Lifesciences.

Etico Lifesciences Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 59.06% decrease. The company also saw a substantial fall in profitability, with a 85.94% decrease in profit. The company's net worth Soared by an impressive increase of 30%.

Etico Lifesciences revenue growth over time
Etico Lifesciences 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
-59.06%
Revenue from Operations
-59.37%
Total Assets
8.24%
Profit or Loss
-85.94%
Net Worth
30.00%
EBITDA
-36.14%

What is the Ownership and Shareholding Structure of Etico Lifesciences?

In 2020, Etico Lifesciences 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

₹13.69 Cr

Satisfied Charges

₹3.10 Cr

Charges Breakdown by Lending Institutions

  • Others : 13.62 Cr
  • Hdfc Bank Limited : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2022Others₹10.00 CrOpen
27 Sep 2021Others₹3.62 CrOpen
28 Apr 2021Hdfc Bank Limited₹0.74 MOpen
05 Aug 2020Dhanlaxmi Bank Limited₹2.53 MSatisfied
15 Apr 2017Dhanlaxmi Bank Limited₹2.00 CrSatisfied

How Many Employees Work at Etico Lifesciences?

Etico Lifesciences has a workforce of 72 employees as of Apr 09, 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 Etico Lifesciences Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Etico Lifesciences, 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 Etico Lifesciences'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 Etico Lifesciences

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 3.62 Cr registered on 27 Sep 2021 with Charge ID 100482679 was modified on 29 Jan 2024.

  • Annual General Meeting

    Etico Lifesciences Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Etico Lifesciences Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100657724 was registered on 30 Nov 2022.

  • Charges

    A charge with Others amounted to Rs. 3.62 Cr with Charge ID 100482679 was registered on 27 Sep 2021.

  • Charges

    A charge registered on 05 Aug 2020 via Charge ID 100363209 with Dhanlaxmi Bank Limited was fully satisfied on 07 Sep 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Etico Lifesciences Private Limited?

    Etico Lifesciences Private Limited was incorporated on 03 Aug 2016.

  • What is authorized share capital and paid-up capital of Etico Lifesciences Private Limited?

    The authorized share capital of Etico Lifesciences Private Limited is ₹ 7.67 Cr and paid-up capital is ₹ 6.83 Cr.

  • Who are the current board members & directors of Etico Lifesciences Private Limited?

    Currently 3 directors are associated with Etico Lifesciences Private Limited.

    • Ashok Kumar Aluri
    • Venkatrao Aluri
    • Srilatha Aluri

  • What is the registered address of Etico Lifesciences Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Etico Lifesciences Private Limited is Plot.No.64&70Flat No.6A Rohith ResidencyA.S.Raju NagarKukatpal, Ly., Hyderabad, Telangana, India, 500072.

  • What is the corporate identification number (CIN) and company number of Etico Lifesciences Private Limited?

    The corporate identification number (CIN) of Etico Lifesciences Private Limited is U24100TG2016PTC111290 and the company number is 111290 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Etico Lifesciences Private Limited?

    The Official website of Etico Lifesciences Private Limited is https://www.eticolifesciences.com

  • What has been the recent revenue trend for Etico Lifesciences Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Etico Lifesciences Private Limited has fallen by -59.06%.

  • How many employees does Etico Lifesciences Private Limited currently have?

    As Per 2023 financial reports, 72 employees are currently employed by Etico Lifesciences Private Limited.

  • What change has been observed in the net worth of Etico Lifesciences Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Etico Lifesciences Private Limited has experienced an upsurge of 30.00%.

  • What are the total open charges for Etico Lifesciences Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Etico Lifesciences Private Limited amount to ₹ 13.69 Cr.

  • When was the last Balance Sheet of Etico Lifesciences Private Limited filed with the ROC?

    The most recent Balance Sheet for Etico Lifesciences Private Limited was filed with the ROC on 31 Mar 2023.

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