About Aleor Dermaceuticals Limited
Data last updated:
Aleor Dermaceuticals Limited was a public limited company based in Vadodara, Gujarat, India, operated as a subsidiary of Alembic Pharmaceuticals. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 23 May 2016.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24302GJ2016PLC092131. Its GSTIN is 24AAOCA4479J1Z8 (Gujarat). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It was led by directors including Mitanshu Satishbhai Shah and Rajkumar Shreeram Baheti.
Its last annual general meeting (AGM) was held on 20 July 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 5th Floor Administrative Building Alembic Limited Alembic Road, Vadodara, Gujarat, India – 390003.
As per the financials filed for FY 2021, the company reported a revenue of ₹16.23 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹79.03 Cr (net margin -487%) and EBITDA of -₹48.33 Cr (EBITDA margin -297.8%). Revenue has grown at a compounded annual rate (CAGR) of 166% over three years.
The company had about 245 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: ALEOR Dermaceuticals. As per MCA filings, the company had satisfied charges of ₹300 Cr on record. The company has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
The last known website on record is aleorderm.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address5th Floor Administrative Building Alembic Limited Alembic Road, Vadodara, Gujarat, India – 390003
- IndustryPharma, Drug Formulation & Development
- 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 Aleor Dermaceuticals Limited
The main business activity of Aleor Dermaceuticals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | 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 Aleor Dermaceuticals Limited FY 2021 filings available
Aleor Dermaceuticals Limited reported revenue of ₹16.23 Cr (up 308% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Aleor Dermaceuticals Limited
Revenue has grown at a compounded annual rate (CAGR) of 166% over three years, including 308% growth in the latest year. EBITDA rose 17% 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 Aleor Dermaceuticals Limited
| 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 | ₹16.23 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹48.33 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹79.03 Cr | •••• | •••• | •••• | •••• |
| 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 Aleor Dermaceuticals Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -297.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -487% | •••• | •••• | •••• | •••• |
| 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 Aleor Dermaceuticals are in the company report.
Financial statements from FY 2017
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.
Auditor Details of Aleor Dermaceuticals Limited
Aleor Dermaceuticals Limited is audited by CNK & Associates LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| CNK & Associates LLP | 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.
Board of Directors of Aleor Dermaceuticals Limited
Aleor Dermaceuticals has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mitanshu Satishbhai Shah Also directs: Arvind Township LLP | Director | 23 May 2016 | 10 Years 4 Months | As last reported |
| Rajkumar Shreeram Baheti Also directs: Alembic Pharmaceuticals Limited | Director | 23 May 2016 | 10 Years 4 Months | As last reported |
| Jesal Niranjan Shah Also directs: Ashta Therapeutics Private Limited | Director | 23 May 2016 | 10 Years 4 Months | As last reported |
Ownership and Shareholding of Aleor Dermaceuticals 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 Aleor Dermaceuticals Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Nov 2016 | Others | ₹300 Cr | Satisfied |
Total charge records: 1 View all charges
Deals & Funding of Aleor Dermaceuticals Limited
Aleor Dermaceuticals Limited has 1 deal on record (1 secondary share transfer); the latest was in March 2022.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Alembic Pharmaceuticals Limited Seller: Orbicular Pharmaceutical Technologies Private Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Aleor Dermaceuticals Limited
Aleor Dermaceuticals operates one associated brand: ALEOR Dermaceuticals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Developer of therapeutic solutions for treating skin diseases | aleorderm.com |
Employees and EPFO Compliance at Aleor Dermaceuticals Limited
Aleor Dermaceuticals Limited has a workforce of 245 employees as of Apr 07, 2024.
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 Aleor Dermaceuticals Limited
Aleor Dermaceuticals Limited has 8 board changes on record since 2016: 3 appointments and 5 cessations. The latest: Mohan Sivaraman Mailtur ceased to be Director on 28 Mar 2022.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Aleor Dermaceuticals 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 Aleor Dermaceuticals 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 Aleor Dermaceuticals 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 Aleor Dermaceuticals Limited
Aleor Dermaceuticals has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAOCA4479J1Z8 | Gujarat | Active | 01 Jul 2017 |
| 36AAOCA4479J1Z3 | Telangana | Active | 03 Sep 2020 |
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 Aleor Dermaceuticals 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 Aleor Dermaceuticals Limited
Aleor Dermaceuticals has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Aleor Dermaceuticals was a public limited company based in Vadodara, Gujarat, India. The company worked in drug formulation and development, within the pharma industry. It was incorporated on 23 May 2016 and is registered under CIN U24302GJ2016PLC092131. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Aleor Dermaceuticals was incorporated on 23 May 2016. It is registered with the Registrar of Companies, Ahmedabad.
Aleor Dermaceuticals had 3 directors:
- Mitanshu Satishbhai Shah - Director
- Rajkumar Shreeram Baheti - Director
- Jesal Niranjan Shah - Director
The CIN (Corporate Identification Number) of Aleor Dermaceuticals is U24302GJ2016PLC092131. 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 Aleor Dermaceuticals is at 5th Floor Administrative Building Alembic Limited Alembic Road, Vadodara, Gujarat, India – 390003.
Aleor Dermaceuticals can be reached through the website aleorderm.com. Its registered office is in Vadodara, Gujarat, India.
Aleor Dermaceuticals reported revenue of ₹16.23 Cr for FY 2021 (up 308% YoY).
Aleor Dermaceuticals has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh.
Aleor Dermaceuticals reported a net loss of ₹79.03 Cr (net margin -487%) and EBITDA of -₹48.33 Cr (EBITDA margin -297.8%) for FY 2021, as per its filed financial statements.