Prashanti Formulations Limited

Prashanti Formulations Limited

Produces medicines and feed supplements for veterinary use, including injections, liquids, and tablets.
1999 | Hoshiarpur, Punjab (India) | Active

Last Updated:

January 11, 2025
HomeCompanyPrashanti Formulations Limited

Who are the key members and board of directors at Prashanti Formulations?

Executive Team (1)

NameDesignationAppointment DateStatus
Sawtantar Tewari InManaging Director22-Apr-1999Current

Board Members(6)

NameDesignationAppointment DateStatus
Gaurav Tiwari In Director 22-Apr-1999Current
Adwaita Tewari In Whole-Time Director 24-Sep-2001Current
Usha Tewari In Director 23-Feb-2012Current
Neeti Passi In Director 29-Sep-2002Current
Sunaina Dutta In Director 24-Sep-2001Current
Sukarn Tiwari In Director 05-Feb-2024Current

Financial Performance of Prashanti Formulations.

Prashanti Formulations Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.39% increase. The company also saw a substantial fall in profitability, with a 30.45% decrease in profit. The company's net worth Soared by an impressive increase of 15.94%.

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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
7.39%
Revenue from Operations
7.37%
Total Assets
22.60%
Profit or Loss
-30.45%
Net Worth
15.94%
EBITDA
-32.20%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹10.32 Cr

₹0.76 Cr

LenderAmountStatus

State Bank Of India

Creation Date: 08 Nov 2016
₹3.96 CrOpen

State Bank Of India

Creation Date: 30 Jul 2003
₹6.36 CrOpen

State Bank Of India

Creation Date: 14 Aug 2018
₹1.24 MSatisfied

How Many Employees Work at Prashanti Formulations?

Prashanti Formulations has a workforce of 211 employees as of Apr 06, 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.

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Latest Updates, News, and FAQs on Prashanti Formulations

Recent activity within the organization

  • Annual General Meeting

    Prashanti Formulations Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Prashanti Formulations Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Sukarn Tiwari was appointed as a Director was appointed as a Director on 05 Feb 2024 & has been associated with this company since 11 months 11 days .

    05 Feb 2024

  • Charges

    A charge with State Bank Of India of Rs. 6.36 Cr registered on 30 Jul 2003 with Charge ID 90172981 was modified on 30 Dec 2023.

    30 Dec 2023

  • Charges

    A charge registered on 14 Aug 2018 via Charge ID 100200453 with State Bank Of India was fully satisfied on 20 Nov 2021.

    20 Nov 2021

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100200453 was registered on 14 Aug 2018.

    14 Aug 2018

Frequently asked questions

  • Prashanti Formulations Limited was incorporated on 22 Apr 1999.

  • The authorized share capital of Prashanti Formulations Limited is ₹ 2.06 Cr and paid-up capital is ₹ 2.06 Cr.

  • Currently 7 directors are associated with Prashanti Formulations Limited.

    • Sawtantar Kumar Tewari
    • Usha Tewari
    • Gaurav Tiwari
    • Neeti Passi
    • Sunaina Dutta
    • Adwaita Tewari
    • Sukarn Tiwari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Prashanti Formulations Limited is Nangal Shaheedan 6Th Km Chandigarh Road, India, Hoshiarpur, Punjab, 146001.

  • The corporate identification number (CIN) of Prashanti Formulations Limited is U24231PB1999PLC022495 and the company number is 022495 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Prashanti Formulations Limited has risen by 7.39%.

  • As Per 2022 financial reports, 211 employees are currently employed by Prashanti Formulations Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Prashanti Formulations Limited has experienced an upsurge of 15.94%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Prashanti Formulations Limited amount to ₹ 10.32 Cr.

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

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