Symed Labs Limited

This company manufactures active pharmaceutical ingredients and has a diverse portfolio of over 50 APIs.

1998 | Hyderabad, Telangana (India) | Active
Last Updated: November 15, 2024

Symed Labs Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 9.30 M
  • Company Age 26 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 253.60 Cr
  • Satisfied Charges ₹ 171.04 Cr
  • Revenue Growth 28.76%
  • Profit Growth 30.76%
  • Ebitda 82.05%
  • Net Worth 6.18%
  • Total Assets 17.74%

About Symed Labs

Symed Labs Limited (SLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 August 1998 and has a history of 26 years and five months. Its registered office is in Hyderabad, Telangana, India.

The Corporate was formerly known as Symed Labs 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 9.30 M.

The company currently has active open charges totaling ₹253.60 Cr. The company has closed loans amounting to ₹171.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Symed Labs Limited India is Hari Bodepudi as CEO. Kamal Sharma, Hari Bodepudi, Vijayalakshmi, and Three other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24231TG1998PLC029961

  • Company No.

    029961

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Aug 1998

  • Date of AGM

    22 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Pharma

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

Executive Team (1)

Name Designation Appointment Date Status
Hari Bodepudi CEO 07-Jul-2021 Current

Board Members (6)

Name Designation Appointment Date Status
Kamal Sharma Country flag representing In Director 01-Dec-2022 Current
Hari Bodepudi Country flag representing In Director 07-Jul-2021 Current
Vijayalakshmi Country flag representing In Nominee Director 07-Jul-2021 Current
Srinivas Vasireddy Country flag representing In Director 28-Jun-2023 Current
Kalidindi Raju Country flag representing In Director 07-Jul-2021 Current
Pradip Kanakia Country flag representing In Director 04-Mar-2022 Current

Financial Performance of Symed Labs.

Symed Labs Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.76% increase. The company also saw a substantial improvement in profitability, with a 30.76% increase in profit. The company's net worth moved up by a moderate rise of 6.18%.

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
28.76%
Revenue from Operations
29.00%
Total Assets
17.74%
Profit or Loss
30.76%
Net Worth
6.18%
EBITDA
82.05%

What is the Ownership and Shareholding Structure of Symed Labs?

In 2022, Symed Labs had a promoter holding of 26.00% and a public holding of 74.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹253.60 Cr

Satisfied Charges

₹171.04 Cr

Charges Breakdown by Lending Institutions

  • Others : 253.60 Cr

Latest Charge Details

Date Lender Amount Status
25 Sep 2023 Others ₹25.00 Cr Open
25 Sep 2023 Others ₹36.00 Cr Open
25 Sep 2023 Others ₹14.00 Cr Open
31 Jan 2022 Others ₹178.60 Cr Open
01 Sep 2017 Yes Bank Limited ₹10.00 Cr Satisfied

How Many Employees Work at Symed Labs?

Symed Labs has a workforce of 949 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 Symed 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 Symed 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 Symed Labs

Recent activity within the organization

  • Annual General Meeting

    Symed Labs Limited last Annual general meeting of members was held on 22 Jul 2024 as per latest MCA records.

    22 Jul 2024

  • Balance Sheet

    Symed Labs Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 25.00 Cr with Charge ID 100794299 was registered on 25 Sep 2023.

    25 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 36.00 Cr with Charge ID 100794305 was registered on 25 Sep 2023.

    25 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 14.00 Cr with Charge ID 100794311 was registered on 25 Sep 2023.

    25 Sep 2023

  • Charges

    A charge with Others of Rs. 178.60 Cr registered on 31 Jan 2022 with Charge ID 100539907 was modified on 25 Sep 2023.

    25 Sep 2023

Frequently asked questions

  • Symed Labs Limited was incorporated on 17 Aug 1998.

  • The authorized share capital of Symed Labs Limited is ₹ 2.00 Cr and paid-up capital is ₹ 9.30 M.

  • Currently 7 directors are associated with Symed Labs Limited.

    • Kamal Kishore Sharma
    • Hari Babu Bodepudi
    • Vijayalakshmi
    • Srinivas Vasireddy
    • Hari Babu Bodepudi
    • Kalidindi Srihari Raju
    • Pradip Manilal Kanakia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Symed Labs Limited is Plot No. 290 Srivallis Corporate Road 6 Kakatiya Hills, India, Shaikpet, Telangana, 500081.

  • The corporate identification number (CIN) of Symed Labs Limited is U24231TG1998PLC029961 and the company number is 029961 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Symed Labs Limited is https://www.symedlabs.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Symed Labs Limited has risen by 28.76%.

  • As Per 2023 financial reports, 949 employees are currently employed by Symed Labs Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Symed Labs Limited has experienced an upsurge of 6.18%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Symed Labs Limited amount to ₹ 253.60 Cr.

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

Similar Companies Based on API Manufacturers