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Parnax Lab Limited

This company specializes in pharmaceutical formulations and contract manufacturing of various medicines and products.
1982 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 12, 2024
HomeCompanyParnax Lab Limited

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

Executive Team (3)

NameDesignationAppointment DateStatus
Mihir Shah InManaging Director05-Jul-2024Current
Preet Kukreja InCompany Secretary21-Jun-2021Current
Binoy ShahCFO03-Aug-2024Current

Board Members(5)

NameDesignationAppointment DateStatus
Binoy Shah In Director 05-Jul-2024Current
Ami Shah In Director 31-Mar-2015Current
Tirunillai Anatharaman In Director 31-Mar-2015Current
Yogesh Varia In Director 28-May-2021Current
Harish Panpalia In Director 11-Aug-2023Current

Financial Performance of Parnax Lab.

Parnax Lab Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 199.91% increase. The company also saw a substantial improvement in profitability, with a 147.82% increase in profit. The company's net worth Soared by an impressive increase of 170.46%.

Revenue Growth Graph
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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
199.91%
Revenue from Operations
201.33%
Total Assets
33.41%
Profit or Loss
147.82%
Net Worth
170.46%
EBITDA
407.59%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹24.20 Cr

₹4.66 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 07 Sep 2002
₹10.39 CrOpen

State Bank Of India

Creation Date: 30 Mar 2000
₹2.72 CrOpen

State Bank Of India

Creation Date: 30 Mar 2000
₹10.39 CrOpen

How Many Employees Work at Parnax Lab?

Unlock and access historical data on people associated with Parnax Lab, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

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Latest Updates, News, and FAQs on Parnax Lab

Recent activity within the organization

  • Annual General Meeting

    Parnax Lab Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Binoy Baiju Shah was appointed as a Cfo was appointed as a Cfo on 03 Aug 2024 & has been associated with this company since 4 months 20 days .

    03 Aug 2024

  • Director Appointment

    Mihir Prakash Shah was appointed as a Ceo was appointed as a Ceo on 03 Aug 2024 & has been associated with this company since 4 months 20 days .

    03 Aug 2024

  • Director Appointment

    Mihir Prakash Shah was appointed as a Managing Director was appointed as a Managing Director on 05 Jul 2024 & has been associated with this company since 5 months 18 days .

    05 Jul 2024

  • Director Appointment

    Binoy Baiju Shah was appointed as a Director was appointed as a Director on 05 Jul 2024 & has been associated with this company since 5 months 18 days .

    05 Jul 2024

  • Charges

    A charge registered on 31 Mar 2018 via Charge ID 100168004 with Others was fully satisfied on 18 Jun 2024.

    18 Jun 2024

Recent News, Updates & Announcement

Frequently asked questions

  • Parnax Lab Limited was incorporated on 03 Aug 1982.

  • The authorized share capital of Parnax Lab Limited is ₹ 13.00 Cr and paid-up capital is ₹ 11.49 Cr.

  • Currently 9 directors are associated with Parnax Lab Limited.

    • Mihir Prakash Shah
    • Binoy Baiju Shah
    • Ami Mihir Shah
    • Tirunillai Venkateswara Anatharaman
    • Yogesh Kantilal Varia
    • Harish Sunderlal Panpalia
    • Preet Vijay Kukreja
    • Binoy Baiju Shah
    • Mihir Prakash Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Parnax Lab Limited is Gala No. 114 Bldg. 8 Jogani Industrial Complex, Chunabhatti India, Mumbai, Maharashtra, 400022.

  • The corporate identification number (CIN) of Parnax Lab Limited is L36912MH1982PLC027925 and the company number is 027925 as per Ministry of Corporate Affairs (MCA).

  • Yes, Parnax Lab Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Parnax Lab Limited is https://www.naxparlab.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Parnax Lab Limited has risen by 199.91%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Parnax Lab Limited has experienced an upsurge of 170.46%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Parnax Lab Limited amount to ₹ 24.20 Cr.

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

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