Laurus Labs Profile
Key Indicators
- Authorised Capital ₹ 111.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 107.83 Cr
as on 16-11-2024
- Company Age 19 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,489.00 Cr
as on 16-11-2024
- Satisfied Charges ₹ 3,804.21 Cr
as on 16-11-2024
- Revenue 22.41%
(FY 2023)
- Profit 1.37%
(FY 2023)
- Ebitda 15.29%
(FY 2023)
- Net Worth 19.73%
(FY 2023)
- Total Assets 5.29%
(FY 2023)
About Laurus Labs
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540222 and on the National Stock Exchange(NSE) under LAURUSLABS.
The Corporate was formerly known as Aptuit Laurus 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 111.00 Cr and a paid-up capital of Rs 107.83 Cr.
The company currently has active open charges totaling ₹2,489.00 Cr. The company has closed loans amounting to ₹3,804.21 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Laurus Labs Limited India are Chava Satyanarayana as Ceo, Gogireddy Reddy as Company Secretary, and Venkata Vantaram as Cfo. Ravindranath Kancherla, Chava Satyanarayana, Venkata Vantaram, and Seven other members serve as directors at the Company.
- CIN/LLPIN
L24239AP2005PLC047518
- Company No.
047518
- Stock Symbol
BSE : 540222 NSE : LAURUSLABS
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Sep 2005
- Date of AGM
11 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Vijayawada
Industry
Company Details
- Location
Visakhapatnam, Andhra Pradesh, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Laurus Labs?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Chava Satyanarayana  | CEO | 27-Jul-2016 | Current |
| Gogireddy Reddy | Company Secretary | 18-Jan-2016 | Current |
| Venkata Vantaram | CFO | 27-Jul-2016 | Current |
Board Members(10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Soumya Chava | Whole-Time Director | 23-May-2024 | Current |
Ramesh Subrahmanian  | Director | 30-Jul-2024 | Current |
| Rajesh Chandy | Director | 27-Jul-2016 | Current |
| Sekar Karnam | Director | 22-May-2024 | Current |
| Aruna Bhinge | Director | 07-Jul-2016 | Current |
| Ravindranath Kancherla | Director | 18-May-2017 | Current |
Financial Performance and Corporate Structure Insights of Laurus Labs.
Laurus Labs Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.41% increase. The company also saw a slight improvement in profitability, with a 1.37% increase in profit. The company's net worth Soared by an impressive increase of 19.73%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Laurus Labs?
In 2023, Laurus Labs had a promoter holding of 27.20% and a public holding of 72.80%. The company had 4 Subsidiaries and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Pharmaceuticals Export Promotion Council Of IndiaActive 20 years 8 monthsChava Satyanarayana is a mutual person
Laurus Synthesis Private LimitedActive 4 years 7 monthsKrishna Chava and Soumya Chava are mutual person
Sriam Labs Private LimitedActive 22 years 10 monthsKrishna Chava, Venkata Chunduru and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 29 Aug 2024 | ₹258.00 Cr | Open |
Sbicap Trustee Company Limited Creation Date: 16 May 2022 | ₹2,231.00 Cr | Open |
Hdfc Bank Limited Creation Date: 06 Dec 2023 | ₹200.00 Cr | Satisfied |
How Many Employees Work at Laurus Labs?
Laurus Labs has a workforce of 5881 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Laurus Labs, 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 Laurus Labs'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
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.
