Honour Lab Limited

This company is a pharmaceutical manufacturer of intermediates and APIs, with multiple approved units.

2011 | Rangareddy, Telangana (India) | Active
Last Updated:

Honour Lab Profile

Key Indicators

  • Authorised Capital ₹ 27.50 Cr
  • Paid Up Capital ₹ 5.00 Cr
  • Company Age 13 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 679.28 Cr
  • Satisfied Charges ₹ 649.22 Cr
  • Revenue Growth 4.27%
  • Profit Growth -38.20%
  • Ebitda -40.02%
  • Net Worth 28.24%
  • Total Assets 29.59%

About Honour Lab

Honour Lab Limited (HLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 November 2011 and has a history of 13 years and four months. Its registered office is in Rangareddy, 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 2024. It's a company limited by shares with an authorized capital of Rs 27.50 Cr and a paid-up capital of Rs 5.00 Cr.

The company currently has active open charges totaling ₹679.28 Cr. The company has closed loans amounting to ₹649.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Honour Lab Limited India is Srinivas Vengala as COMPANY SECRETARY. Rathnakar Kura, Krishnaveni Kura, Kesireddy Reddy, and Four other members serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24233TG2011PLC077561

  • Company No.

    077561

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Nov 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

What products or services does Honour Lab Limited offer?

Honour Lab Limited offers a wide range of products and services, including Chemical Testing Services, Chemical Lab Services, Product Development Research, Custom Synthesis Service, Material Testing Labs & Services, Third Party Payroll Service, Payroll Process Outsourcing, Medical Treatment Services.

Who are the key members and board of directors at Honour Lab?

Executive Team (2)

NameDesignationAppointment DateStatus
Rathnakar Kura Country flag representing In Managing Director21-Nov-2011Current
Srinivas Vengala Country flag representing In Company Secretary11-May-2021Current

Board Members (6)

NameDesignationAppointment DateStatus
Krishnaveni Kura Country flag representing In Director 03-Aug-2017Current
Kesireddy Reddy Country flag representing In Whole-Time Director 03-Aug-2015Current
Gopal Annareddy Country flag representing In Director 18-Dec-2023Current
Sudhakar Avuthu Country flag representing In Director 03-Aug-2017Current
Adisesha Jagarapu Country flag representing In Director 18-Dec-2023Current
Muralidhar Nomula Country flag representing In Whole-Time Director 08-Apr-2021Current

Financial Performance of Honour Lab.

Honour Lab Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.27% increase. The company also saw a substantial fall in profitability, with a 38.2% decrease in profit. The company's net worth Soared by an impressive increase of 28.24%.

Honour Lab revenue growth over time
Honour Lab 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
4.27%
Revenue from Operations
2.22%
Total Assets
29.59%
Profit or Loss
-38.20%
Net Worth
28.24%
EBITDA
-40.02%

What is the Ownership and Shareholding Structure of Honour Lab?

In 2022, Honour Lab had a promoter holding of 100.00%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹679.28 Cr

Satisfied Charges

₹649.22 Cr

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 526.00 Cr
  • State Bank Of India : 75.00 Cr
  • Hdfc Bank Limited : 75.00 Cr
  • Others : 3.28 Cr

Latest Charge Details

DateLenderAmountStatus
17 Nov 2024Hdfc Bank Limited₹75.00 CrOpen
28 Feb 2024State Bank Of India₹75.00 CrOpen
31 Dec 2023Others₹2.80 MOpen
25 Oct 2022Others₹1.40 MOpen
27 Sep 2022Others₹0.60 MOpen

How Many Employees Work at Honour Lab?

Honour Lab has a workforce of 1152 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 Honour Lab Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Honour Lab, 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 Honour Lab'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 Honour Lab

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 Cr with Charge ID 101013510 was registered on 17 Nov 2024.

  • Annual General Meeting

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

  • Charges

    A charge with Idbi Trusteeship Services Limited of Rs. 526.00 Cr registered on 27 May 2021 with Charge ID 100450047 was modified on 21 Sep 2024.

  • Balance Sheet

    Honour Lab Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

  • Charges

    A charge with State Bank Of India amounted to Rs. 75.00 Cr with Charge ID 100875444 was registered on 28 Feb 2024.

  • Charges

    A charge registered on 07 Feb 2023 via Charge ID 100695985 with Yes Bank Limited was fully satisfied on 19 Feb 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Honour Lab Limited?

    Honour Lab Limited was incorporated on 21 Nov 2011.

  • What is authorized share capital and paid-up capital of Honour Lab Limited?

    The authorized share capital of Honour Lab Limited is ₹ 27.50 Cr and paid-up capital is ₹ 5.00 Cr.

  • Who are the current board members & directors of Honour Lab Limited?

    Currently 8 directors are associated with Honour Lab Limited.

    • Rathnakar Reddy Kura
    • Krishnaveni Kura
    • Kesireddy Subhas Chander Reddy
    • Gopal Reddy Annareddy
    • Sudhakar Reddy Avuthu
    • Adisesha Giri Jagarapu
    • Muralidhar Reddy Nomula
    • Srinivas Vengala

  • What is the registered address of Honour Lab Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Honour Lab Limited is H.No. 8-3-166/7/1, Ground Floor Erragadda India, Hyderabad, Telangana, 500018.

  • What is the corporate identification number (CIN) and company number of Honour Lab Limited?

    The corporate identification number (CIN) of Honour Lab Limited is U24233TG2011PLC077561 and the company number is 077561 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Honour Lab Limited?

    The Official website of Honour Lab Limited is https://www.honourlab.com

  • What has been the recent revenue trend for Honour Lab Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Honour Lab Limited has risen by 4.27%.

  • How many employees does Honour Lab Limited currently have?

    As Per 2022 financial reports, 1152 employees are currently employed by Honour Lab Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Honour Lab Limited has experienced an upsurge of 28.24%.

  • What are the total open charges for Honour Lab Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Honour Lab Limited amount to ₹ 679.28 Cr.

  • When was the last Balance Sheet of Honour Lab Limited filed with the ROC?

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

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