Laurus Labs Limited

Founded in 2005 and headquartered in Andhra Pradesh, India.

2005 | Visakhapatnam, Andhra Pradesh (India) | Active
Last Updated:

Laurus Labs Profile

Key Indicators

  • Authorised Capital ₹ 111.00 Cr
  • Paid Up Capital ₹ 107.83 Cr
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,489.00 Cr
  • Satisfied Charges ₹ 3,804.21 Cr
  • Revenue Growth 22.41%
  • Profit Growth 1.37%
  • Ebitda 15.29%
  • Net Worth 19.73%
  • Total Assets 5.29%

About Laurus Labs

Laurus Labs Limited (LLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 September 2005 and has a history of 19 years and six months. Its registered office is in Visakhapatnam, Andhra Pradesh, India.

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.

Company Details

  • Location

    Visakhapatnam, Andhra Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • 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

Pharma
Company report

Laurus Labs Limited

Explore comprehensive data for Laurus Labs Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Laurus Labs?

Executive Team (3)

NameDesignationAppointment DateStatus
Chava Satyanarayana Country flag representing In CEO27-Jul-2016Current
Gogireddy Reddy Country flag representing In Company Secretary18-Jan-2016Current
Venkata Vantaram Country flag representing In CFO27-Jul-2016Current

Board Members (10)

NameDesignationAppointment DateStatus
Soumya Chava Country flag representing In Whole-Time Director 23-May-2024Current
Ramesh Subrahmanian Country flag representing Us Director 30-Jul-2024Current
Rajesh Chandy Country flag representing Us Director 27-Jul-2016Current
Sekar Karnam Country flag representing In Director 22-May-2024Current
Aruna Bhinge Country flag representing In Director 07-Jul-2016Current
Ravindranath Kancherla Country flag representing In Director 18-May-2017Current

Financial Performance 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%.

Laurus Labs revenue growth over time
Laurus Labs 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
22.41%
Revenue from Operations
22.66%
Total Assets
5.29%
Profit or Loss
1.37%
Net Worth
19.73%
EBITDA
15.29%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,489.00 Cr

Satisfied Charges

₹3,804.21 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 2231.00 Cr
  • Others : 258.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Others₹258.00 CrOpen
16 May 2022Sbicap Trustee Company Limited₹2,231.00 CrOpen
06 Dec 2023Hdfc Bank Limited₹200.00 CrSatisfied
14 Mar 2023Axis Bank Limited₹200.00 CrSatisfied
21 Apr 2022Others₹150.00 CrSatisfied

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.

Employee growth trends for Laurus Labs Limited

Deals i

Graph showing company valuation over time

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

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 Laurus Labs

Recent activity within the organization

  • Charges

    A charge registered on 14 Mar 2023 via Charge ID 100698296 with Axis Bank Limited was fully satisfied on 07 Nov 2024.

  • Charges

    A charge registered on 06 Dec 2023 via Charge ID 100826471 with Hdfc Bank Limited was fully satisfied on 31 Oct 2024.

  • Charges

    A charge registered on 21 Apr 2022 via Charge ID 100563663 with Others was fully satisfied on 21 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 258.00 Cr with Charge ID 100969026 was registered on 29 Aug 2024.

  • Director Appointment

    Ramesh Subrahmanian was appointed as a Director was appointed as a Director on 30 Jul 2024 & has been associated with this company since 7 months 26 days .

  • Annual General Meeting

    Laurus Labs Limited last Annual general meeting of members was held on 11 Jul 2024 as per latest MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Laurus Labs Limited?

    Laurus Labs Limited was incorporated on 19 Sep 2005.

  • What is authorized share capital and paid-up capital of Laurus Labs Limited?

    The authorized share capital of Laurus Labs Limited is ₹ 111.00 Cr and paid-up capital is ₹ 107.83 Cr.

  • Who are the current board members & directors of Laurus Labs Limited?

    Currently 13 directors are associated with Laurus Labs Limited.

    • Ravindranath Kancherla
    • Chava Satyanarayana
    • Venkata Ravi Kumar Vantaram
    • Ramesh Subrahmanian
    • Krishna Chaitanya Chava
    • Soumya Chava
    • Venkata Lakshmana Rao Chunduru
    • Sekar Karnam
    • Aruna Rajendra Bhinge
    • Rajesh Koshy Chandy
    • Chava Satyanarayana
    • Gogireddy Venkateswar Reddy
    • Venkata Ravi Kumar Vantaram

  • What is the registered address of Laurus Labs Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Laurus Labs Limited is Laurus Enclave Plot Office 01 E. Bonangi Village Parawada (M), Anakapalli District India, Anakapalle, Andhra Pradesh, 531021.

  • What is the corporate identification number (CIN) and company number of Laurus Labs Limited?

    The corporate identification number (CIN) of Laurus Labs Limited is L24239AP2005PLC047518 and the company number is 047518 as per Ministry of Corporate Affairs (MCA).

  • Is Laurus Labs Limited registered with any stock exchange in India?

    Yes, Laurus Labs Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): LAURUSLABS.

  • What is the official website of Laurus Labs Limited?

    The Official website of Laurus Labs Limited is https://www.lauruslabs.com

  • What has been the recent revenue trend for Laurus Labs Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Laurus Labs Limited has risen by 22.41%.

  • How many employees does Laurus Labs Limited currently have?

    As Per 2023 financial reports, 5881 employees are currently employed by Laurus Labs Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Laurus Labs Limited has experienced an upsurge of 19.73%.

  • What are the total open charges for Laurus Labs Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Laurus Labs Limited amount to ₹ 2,489.00 Cr.

  • When was the last Balance Sheet of Laurus Labs Limited filed with the ROC?

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

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