Nitin Lifesciences Limited

Pharmaceutical company offering contract manufacturing for various formulations and distributing to retail shops and distributors.

2005 | Sirmaur, Himachal Pradesh (India) | Active
Last Updated: July 05, 2024

Nitin Lifesciences Profile

Key Indicators

  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 23.41 Cr
  • Company Age 19 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.00 M
  • Satisfied Charges ₹ 4.27 Cr
  • Revenue Growth -36.46%
  • Profit Growth -80.38%
  • Ebitda -78.27%
  • Net Worth -28.43%
  • Total Assets -31.92%

About Nitin Lifesciences

Nitin Lifesciences Limited (NLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 03 March 2005 and has a history of 19 years and 11 months. Its registered office is in Sirmaur, Himachal Pradesh, 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 25.00 Cr and a paid-up capital of Rs 23.41 Cr.

The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹4.27 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nitin Lifesciences Limited India are Pradhyuman Yadav as COMPANY SECRETARY and Subhadeep Pal as Cfo. Abhinav Arora, Sanjay Khurana, Shubhangi Agarwal, and Two other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U73100HP2005PLC028049

  • Company No.

    028049

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    03 Mar 2005

  • Date of AGM

    14 Dec 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Pharma

What products or services does Nitin Lifesciences Limited offer?

Nitin Lifesciences Limited offers a wide range of products and services, including Antibacterial Drugs, Doxycycline Injection, Anti Infective Drugs & Medicines, Antibiotic Tablets, Capsule & Syrup, Common Disease Medicines, Injectable Products, Pain Relief Drugs & Pharmaceuticals, Anesthetic, Pharmaceutical Injectables, Anti Inflammatory Drugs.

Who are the key members and board of directors at Nitin Lifesciences?

Executive Team (2)

NameDesignationAppointment DateStatus
Pradhyuman Yadav Company Secretary22-Mar-2024Current
Subhadeep Pal CFO21-Feb-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Abhinav Arora Country flag representing In Director 27-Sep-2023Current
Sanjay Khurana Country flag representing In Director 27-Sep-2023Current
Shubhangi Agarwal Country flag representing In Director 27-Sep-2023Current
Vishal Gupta Country flag representing In Director 27-Sep-2023Current
Suresh Ganachari Country flag representing In Director 22-Mar-2024Current

Financial Performance of Nitin Lifesciences.

Nitin Lifesciences Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 36.46% decrease. The company also saw a substantial fall in profitability, with a 80.38% decrease in profit. The company's net worth observed a substantial decline by a decrease of 28.43%.

Graph illustrating revenue growth over time
Graph showing 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
-36.46%
Revenue from Operations
-36.28%
Total Assets
-31.92%
Profit or Loss
-80.38%
Net Worth
-28.43%
EBITDA
-78.27%

What is the Ownership and Shareholding Structure of Nitin Lifesciences?

In 2023, Nitin 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

₹0.50 Cr

Satisfied Charges

₹4.27 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.30 Cr
  • Haryana Financial Corporation : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
26 Apr 2018Others₹3.00 MOpen
15 Jul 1994Haryana Financial Corporation₹2.00 MOpen
30 Mar 2013Daimler Financial Services India Private Limited₹2.00 MSatisfied
11 Feb 2008Director Of Industries Of Himachal Pradesh₹3.00 MSatisfied
30 Mar 2006State Bank Of India₹0.87 MSatisfied

How Many Employees Work at Nitin Lifesciences?

Nitin Lifesciences has a workforce of 291 employees as of Apr 03, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nitin 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 Nitin 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 Nitin Lifesciences

Recent activity within the organization

  • Director Appointment

    Suresh Nagappa Ganachari was appointed as a Director was appointed as a Director on 22 Mar 2024 & has been associated with this company since 11 months 3 days .

    22 Mar 2024

  • Director Appointment

    Pradhyuman Singh Yadav was appointed as a Company Secretary was appointed as a Company Secretary on 22 Mar 2024 & has been associated with this company since 11 months 3 days .

    22 Mar 2024

  • Director Appointment

    Subhadeep Pal was appointed as a Cfo was appointed as a Cfo on 21 Feb 2024 & has been associated with this company since 1 year 2 days .

    21 Feb 2024

  • Annual General Meeting

    Nitin Lifesciences Limited last Annual general meeting of members was held on 14 Dec 2023 as per latest MCA records.

    14 Dec 2023

  • Director Appointment

    Abhinav Arora was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 4 months .

    27 Sep 2023

  • Director Appointment

    Sanjay Khurana was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 4 months .

    27 Sep 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Nitin Lifesciences Limited was incorporated on 03 Mar 2005.

  • The authorized share capital of Nitin Lifesciences Limited is ₹ 25.00 Cr and paid-up capital is ₹ 23.41 Cr.

  • Currently 7 directors are associated with Nitin Lifesciences Limited.

    • Abhinav Arora
    • Sanjay Khurana
    • Shubhangi Agarwal
    • Vishal Gupta
    • Suresh Nagappa Ganachari
    • Pradhyuman Singh Yadav
    • Subhadeep Pal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Nitin Lifesciences Limited is Rampur Ghat Road Paonta Sahib, Dist. Sirmaur, Himachal Pradesh, India, 173025.

  • The corporate identification number (CIN) of Nitin Lifesciences Limited is U73100HP2005PLC028049 and the company number is 028049 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Nitin Lifesciences Limited is https://www.nitinlifesciences.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Nitin Lifesciences Limited has fallen by -36.46%.

  • As Per 2023 financial reports, 291 employees are currently employed by Nitin Lifesciences Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Nitin Lifesciences Limited has experienced an downturn of -28.43%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Nitin Lifesciences Limited amount to ₹ 5.00 M.

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

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