Polydrug Laboratories Private Limited

This company manufactures and exports APIs, trades APIs, and has an in-house R&D facility.

2004 | Lower Parel, Maharashtra (India) | Active
Last Updated: July 26, 2024

Polydrug Laboratories Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 2.04 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 55.33 Cr
  • Revenue Growth -33.99%
  • Profit Growth -45.18%
  • Ebitda -314.18%
  • Net Worth 11.26%
  • Total Assets 11.87%

About Polydrug Laboratories

Polydrug Laboratories Private Limited (PLPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 July 2004 and has a history of 20 years and six months. Its registered office is in Lower Parel, Maharashtra, India.

The Corporate was formerly known as Polydrug Laboratories India Private 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 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 2.04 Cr.

The company has closed loans amounting to ₹55.33 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Punit Thakrar and Bina Thakrar serve as directors at the Company.

Company Details

  • Location

    Lower Parel, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    polydrug.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24231MH2004PTC147729

  • Company No.

    147729

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 2004

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

Who are the key members and board of directors at Polydrug Laboratories?

Executive Team (1)

Name Designation Appointment Date Status
Punit Thakrar Country flag representing In Managing Director 28-Jul-2004 Current

Board Members (1)

Name Designation Appointment Date Status
Bina Thakrar Country flag representing In Director 01-Dec-2010 Current

Financial Performance of Polydrug Laboratories.

Polydrug Laboratories Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.99% decrease. The company also saw a substantial fall in profitability, with a 45.18% decrease in profit. The company's net worth Soared by an impressive increase of 11.26%.

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
-33.99%
Revenue from Operations
-31.21%
Total Assets
11.87%
Profit or Loss
-45.18%
Net Worth
11.26%
EBITDA
-314.18%

What is the Ownership and Shareholding Structure of Polydrug Laboratories?

In 2023, Polydrug Laboratories 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

Satisfied Charges

₹55.33 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 42.83 Cr
  • Tamilnad Mercantile Bank Ltd : 7.00 Cr
  • Axis Bank Limited : 3.50 Cr
  • Tamilnad Mercantile Bank Ltd. : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2013 Axis Bank Limited ₹3.50 Cr Satisfied
12 Feb 2013 Tamilnad Mercantile Bank Limited ₹1.46 Cr Satisfied
24 Apr 2012 Tamilnad Mercantile Bank Limited ₹1.00 Cr Satisfied
23 Jan 2012 Tamilnad Mercantile Bank Limited ₹5.50 Cr Satisfied
17 Jan 2012 Tamilnad Mercantile Bank Limited ₹5.54 Cr Satisfied

How Many Employees Work at Polydrug Laboratories?

Polydrug Laboratories has a workforce of 1 employees as of Apr 08, 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 Polydrug Laboratories, 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 Polydrug Laboratories'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 Polydrug Laboratories

Recent activity within the organization

  • Annual General Meeting

    Polydrug Laboratories Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Balance Sheet

    Polydrug Laboratories Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 23 Jul 2008 via Charge ID 10115482 with Tamilnad Mercantile Bank Limited was fully satisfied on 03 Dec 2019.

    03 Dec 2019

  • Charges

    A charge with Tamilnad Mercantile Bank Limited of Rs. 0.37 Cr registered on 23 Jul 2008 with Charge ID 10115482 was modified on 03 May 2019.

    03 May 2019

  • Charges

    A charge registered on 16 Feb 2013 via Charge ID 10408153 with Axis Bank Limited was fully satisfied on 18 Oct 2017.

    18 Oct 2017

  • Charges

    A charge registered on 09 Jun 2011 via Charge ID 10294739 with Tamilnad Mercantile Bank Limited was fully satisfied on 03 Oct 2017.

    03 Oct 2017

Frequently asked questions

  • Polydrug Laboratories Private Limited was incorporated on 28 Jul 2004.

  • The authorized share capital of Polydrug Laboratories Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 2.04 Cr.

  • Currently 2 directors are associated with Polydrug Laboratories Private Limited.

    • Punit Chunilal Thakrar
    • Bina Punit Thakrar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polydrug Laboratories Private Limited is Marathon Futurex A-704(A) 7Th Floor Mafatlal Mill Compound N M Joshi Marg, Lower Parel, Maharashtra, India, 400013.

  • The corporate identification number (CIN) of Polydrug Laboratories Private Limited is U24231MH2004PTC147729 and the company number is 147729 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Polydrug Laboratories Private Limited is https://www.polydrug.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polydrug Laboratories Private Limited has fallen by -33.99%.

  • As Per 2023 financial reports, 1 employees are currently employed by Polydrug Laboratories Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polydrug Laboratories Private Limited has experienced an upsurge of 11.26%.

  • The most recent Balance Sheet for Polydrug Laboratories Private Limited was filed with the ROC on 31 Mar 2023.

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