Icon Formulations Private Limited
About Icon Formulations Private Limited
Data last updated:
Icon Formulations Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the pharmaceutical retail and distribution segment of the pharmaceuticals sector. It was incorporated on 21 May 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U74900TG2013PTC087795. Its GSTIN is 36AADCI2520B1Z9 (Telangana).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Stephen Arun Kumar and Ramidi Manu.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tech Park, Hyderabad, Telangana.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.99 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹7.52 Lakh (net margin -2.5%) and EBITDA of -₹7.53 Lakh (EBITDA margin -2.5%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 6% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies.
CIN History of Icon Formulations Private Limited
Icon Formulations has one previous CIN (Corporate Identification Number): U74900AP2013PTC087795. The current CIN is U74900TG2013PTC087795, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900TG2013PTC087795 | Current |
| U74900AP2013PTC087795 | Previous |
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressSecond Floor Plot No.18 Road No.12, Tech Park Ida Nacharam, Hyderabad, Telangana, India – 500076
- IndustryPharma, Pharmaceutical Retailers & Distributors
- 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
- One PDF report, delivered after checkout
Business Activity of Icon Formulations Private Limited
The main business activity of Icon Formulations is hospital and medical care. In detail, this covers other hospital and medical care activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| Q | Hospital and Medical Care | Q6 | Other Hospital and Medical Care Activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Icon Formulations Private Limited FY 2025 filings available
Icon Formulations Private Limited reported revenue of ₹2.99 Cr (down 7% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Icon Formulations Private Limited
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 6%. EBITDA fell 147% 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 of Icon Formulations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹7.53 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.52 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 of Icon Formulations Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -2.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Icon Formulations are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Icon Formulations Private Limited
Icon Formulations has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Stephen Arun Kumar Also directs: Lucien Life Sciences Private Limited | Director | 21 May 2013 | 13 Years 5 Months | Current |
| Ramidi Manu Also directs: Lucien Life Sciences Private Limited | Director | 21 May 2013 | 13 Years 5 Months | Current |
| Sankaralingam Arunkumar Also directs: Lucien Life Sciences Private Limited | Director | 21 May 2013 | 13 Years 5 Months | Current |
| Mambalam Devendar Govindarajulu Also directs: Lucien Life Sciences Private Limited | Director | 21 May 2013 | 13 Years 5 Months | Current |
Peer Comparison of Icon Formulations Private Limited
Icon Formulations Private Limited is compared with the companies closest to it by revenue in the Pharma industry (Formulations). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Synovion Laboratories Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | 10.0% | •••• | Delhi, India |
| Gelcotin Biotech Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 18712.0% | •••• | Bhubaneswar, Odisha, India |
| Sharing Formulations Private Limited | ₹3.01 Cr (FY 2024) | •••• | •••• | -11.0% | •••• | Ahmedabad, Gujarat, India |
| Ossisko Life Sciences Private Limited | ₹3.01 Cr (FY 2025) | •••• | •••• | 61.0% | •••• | New Delhi, Delhi, India |
| Aishika Pharma Private Limited | ₹3 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Icon Formulations Private Limited this company | ₹2.99 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Hyderabad, Telangana, India |
| Realmed Pharma Private Limited | ₹2.99 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Chandigarh, India |
| Spectrum Pharmachem Private Limited | ₹2.99 Cr (FY 2024) | •••• | •••• | 1495500.0% | •••• | Palghar, Maharashtra, India |
| Fuzen Pharmaceuticals Private Limited | ₹2.98 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Indore, Madhya Pradesh, India |
| Progenerics Pharma Private Limited | ₹2.96 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Patancheru, Telangana, India |
| Azius Pharma Private Limited | ₹2.96 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Icon Formulations by revenue in the Pharma industry (Formulations), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Icon Formulations Private Limited
Icon Formulations Private Limited is audited by V N ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| V N ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Icon Formulations Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Icon Formulations Private Limited
Icon Formulations Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Icon Formulations Private Limited
Icon Formulations Private Limited has 3 court cases on record: 3 filed by Icon Formulations. 1 case is pending and 2 are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Registrar of Trademarks | Pending |
| Madras High Court | Interim or miscellaneous application | Filed by the company against Registrar of Trademarks | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Icon Formulations Private Limited
Employment history and EPFO contributions of people linked to Icon Formulations.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Icon Formulations Private Limited
Icon Formulations Private Limited has 4 board changes on record since 2013: 4 appointments. The latest: Mambalam Devendar Govindarajulu was appointed as Director on 21 May 2013.
Credit Ratings, Litigation & Regulatory Alerts for Icon Formulations Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Icon Formulations Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Icon Formulations Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Icon Formulations Private Limited
Icon Formulations has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AADCI2520B1Z9 | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Icon Formulations Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Icon Formulations Private Limited
Icon Formulations is an active private limited company based in Hyderabad, Telangana, India. The company works in pharmaceutical retailers and distributors, within the pharma industry. It was incorporated on 21 May 2013 (13+ years old) and is registered under CIN U74900TG2013PTC087795.
Icon Formulations reported revenue of ₹2.99 Cr for FY 2025 (down 7% YoY).
Icon Formulations has 4 current directors:
- Stephen Arun Kumar - Director
- Ramidi Manu - Director
- Sankaralingam Arunkumar - Director
- Mambalam Devendar Govindarajulu - Director
Icon Formulations reported a net loss of ₹7.52 Lakh (net margin -2.5%) and EBITDA of -₹7.53 Lakh (EBITDA margin -2.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Icon Formulations is 6% over three years and 6% over five years. In the latest year (FY 2025) revenue fell 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Icon Formulations is 36AADCI2520B1Z9, registered in Telangana.
The CIN (Corporate Identification Number) of Icon Formulations is U74900TG2013PTC087795. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Icon Formulations has 3 court cases on record: 3 filed by the company. 1 is pending.
Icon Formulations was incorporated on 21 May 2013, making it 13+ years old. It is registered with the Registrar of Companies, Hyderabad.
The peers of Icon Formulations by revenue are Synovion Laboratories Private Limited, Gelcotin Biotech Private Limited, Sharing Formulations Private Limited, Ossisko Life Sciences Private Limited, Aishika Pharma Private Limited and 5 more, all in the Pharma industry (Formulations).
Mambalam Devendar Govindarajulu was appointed as Director on 21 May 2013. Ramidi Manu was appointed as Director on 21 May 2013. Sankaralingam Arunkumar was appointed as Director on 21 May 2013. Icon Formulations has 4 board changes on record in total.