About Fountil Life Sciences Private Limited
Data last updated:
Fountil Life Sciences Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Phillips Healthcare Corporation. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 12 October 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2012PTC236746. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹2.58 Cr and a paid-up capital of ₹2.58 Cr. It was led by directors Jayesh Ramniklal Sutaria and Jigar Pankaj Shah.
Its last annual general meeting (AGM) was held on 30 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Nos.118 119 And 120 Master Mind IV Royal Palms Goregaon (E), Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2021, the company reported a revenue of ₹1.28 Cr, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹12.74 Lakh (net margin -9.9%) and EBITDA of -₹9.62 Lakh (EBITDA margin -7.5%). Revenue has declined at a compounded annual rate (CAGR) of 49% over three years and 40% over five years.
The company was associated with 1 brand: Fountil Life Science.
The last known website on record is fountil.com.
Company details
Contact details
Fountil Life Sciences Private Limited's registered office is in Mumbai, Maharashtra. Its website is fountil.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressNos.118 119 And 120 Master Mind IV Royal Palms Goregaon (E), Mumbai, Maharashtra, India – 400065
- IndustryPharma, Pharmaceutical Retailers & Distributors
To see the full contact details of Fountil Life Sciences Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Fountil Life Sciences operates one associated brand: FOUNTIL LIFE SCIENCE. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Potato farming, grain marketing, and equipment services in Maine. | fountil.com |
Business activity
The main business activity of Fountil Life Sciences is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Fountil Life Sciences Private Limited, buy the company report.
Financials of Fountil Life Sciences Private Limited
FY 2021 filings availableFountil Life Sciences Private Limited reported revenue of ₹1.28 Cr (down 76% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 40% over five years, including a 76% fall in the latest year. EBITDA rose 86% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹1.28 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹9.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12.74 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.5% | ||||
| Net Profit Margin | -9.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Fountil Life Sciences Private Limited, buy the company report.
Board of directors of Fountil Life Sciences Private Limited
Fountil Life Sciences has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigar Pankaj Shah Also directs: Jmja & Associates LLP | Additional Director | 28 Nov 2021 | 4 Years 11 Months | As last reported |
| Jayesh Ramniklal Sutaria Also directs: Ceva Software (India) Private Limited | Director | 12 Oct 2012 | 14 Years 0 Months | As last reported |
Peer comparison
Fountil Life Sciences Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mace Pharma Private Limited | ₹1.29 Cr (FY 2022) | 28.0% | Panchkula, Haryana, India | |||
| Americ N Astos Medicament Private Limited | ₹1.29 Cr (FY 2020) | -22.0% | New Delhi, Delhi, India | |||
| Aptic Pharmaceuticals Private Limited | ₹1.28 Cr (FY 2025) | -2.0% | Thrissur, Kerala, India | |||
| Fountil Life Sciences Private Limitedthis company | ₹1.28 Cr (FY 2021) | -₹12.74 Lakh | -9.9% | -76.0% | Mumbai, Maharashtra, India | |
| Nasa Pharamacutical Private Limited | ₹1.28 Cr (FY 2023) | -8.0% | New Delhi, Delhi, India |
To see the full peer comparison of Fountil Life Sciences Private Limited, buy the company report.
Auditor
Fountil Life Sciences Private Limited is audited by T SRIRAM MEHTA & TADIMALLA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| T SRIRAM MEHTA & TADIMALLA | FY 2021 | 004064S |
Shareholding
The shareholding of Fountil Life Sciences Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Fountil Life Sciences Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fountil Life Sciences Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Fountil Life Sciences Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fountil Life Sciences has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fountil Life Sciences Private Limited, buy the company report.
Recent activity
Fountil Life Sciences Private Limited has 4 board changes on record since 2012: 2 appointments and 2 cessations. The latest: Harirajan Shanmugha Padmanabhan ceased to be Managing Director on 28 Nov 2021.
Frequently asked questions
Fountil Life Sciences has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fountil Life Sciences was a private limited company based in Mumbai, Maharashtra, India. The company worked in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 12 October 2012 and is registered under CIN U24230MH2012PTC236746. The company has been struck off by the Registrar of Companies and is no longer operational.
Fountil Life Sciences had 2 directors:
- Jigar Pankaj Shah - Additional Director
- Jayesh Ramniklal Sutaria - Director
The CIN (Corporate Identification Number) of Fountil Life Sciences is U24230MH2012PTC236746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fountil Life Sciences is at Nos.118 119 And 120 Master Mind IV Royal Palms Goregaon E, Mumbai, Maharashtra, India – 400065.
Fountil Life Sciences was incorporated on 12 October 2012. It is registered with the Registrar of Companies, Mumbai.
Fountil Life Sciences can be reached through the website fountil.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Fountil Life Sciences on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 September 2021. Year-wise statements from 2015 are in the company report.
No. Fountil Life Sciences has 1 GST registration on record and it is cancelled or inactive.
Fountil Life Sciences operated in the pharma industry, in the pharmaceutical retailers and distributors segment. It worked in this industry before it was struck off.
The peers of Fountil Life Sciences by revenue are Mace Pharma Private Limited, Americ N Astos Medicament Private Limited, Aptic Pharmaceuticals Private Limited, Nasa Pharamacutical Private Limited, all in the Pharma industry (Pharma Retail and Distribution), with the same principal business activity (wholesale trading).
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