About Alta Laboratories Limited
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Alta Laboratories Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the API manufacturers segment of the pharmaceuticals sector. It was incorporated on 21 January 1954 and has been in existence for over 72 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U85190MH1954PLC009215. Its GSTIN is 27AAACA1012B1ZQ (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3 Cr. It is led by directors including Jayant Ramhari Dhote (Managing Director) and Nirupa Kiran Bhatt.
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 Aita Bhavan 532 Senapati Bapat Marg Dadar (W), Mumbai, Maharashtra, India – 400028.
As per the financials filed for FY 2023, the company reported a revenue of ₹157.29 Cr, a decline of 7% compared to the previous year. For the same year it recorded a net profit of ₹13.5 Cr (net margin 8.6%) and EBITDA of ₹16.17 Cr (EBITDA margin 10.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 5% over five years.
The company has about 181 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Alta Laboratories and Alta Laboratories Ltd. As per MCA filings, the company has open charges of ₹6 Cr and satisfied charges of ₹59.94 Cr on record. Court records list 18 cases involving the company, including 9 filed by the company and 9 filed against it; 6 cases are pending. The company has 16 deals on record (15 secondary share transfers, 1 funding round), with disclosed funding of ₹1.98 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website alta.in.
Company details
CIN history
Alta Laboratories has one previous CIN (Corporate Identification Number): L85190MH1954PLC009215. The current CIN is U85190MH1954PLC009215, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85190MH1954PLC009215 | Current |
| L85190MH1954PLC009215 | Previous |
Contact details
Alta Laboratories Limited's registered office is in Mumbai, Maharashtra. Its website is alta.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressAita Bhavan 532 Senapati Bapat Marg Dadar (W), Mumbai, Maharashtra, India – 400028
- IndustryPharma, API Manufacturers
To see the full contact details of Alta Laboratories 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
Alta Laboratories operates two associated brands: Alta Laboratories and Alta Laboratories Ltd. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Produces high-quality salicylic acid and derivatives for global industries. | alta.in | |
| Manufacturing of chemical products such as Salicylic Acid and related compounds in India. | altaroma.in |
Financials of Alta Laboratories Limited
FY 2025 filings availableAlta Laboratories Limited reported revenue of ₹157.29 Cr (down 7% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 7% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 28% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹157.29 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹16.17 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹13.5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.3% | ||||
| Net Profit Margin | 8.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Alta Laboratories Limited, buy the company report.
Board of directors of Alta Laboratories Limited
Alta Laboratories has 4 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nirupa Kiran Bhatt | Director | 03 Sep 2021 | 5 Years 1 Months | Current |
| Jayant Ramhari Dhote Also directs: Brownstone International Pvt Ltd, Alta Leasing and Finance Limited, Altona Investments Private Limited and 4 more | Managing Director | 11 Aug 1978 | 48 Years 2 Months | Current |
| Geeta Jayant Dhote Also directs: Brownstone International Pvt Ltd, Alta Leasing and Finance Limited, Altona Investments Private Limited and 2 more | Director | 15 Feb 2020 | 6 Years 8 Months | Current |
| Anita Reddy Also directs: Implast Private Limited, Universal Converters Private Limited, Impac Colours and Chemicals Private Limited and 2 more | Director | 15 Feb 2020 | 6 Years 8 Months | Current |
Auditor
Alta Laboratories Limited is audited by G. D. Apte & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G. D. Apte & Co. | FY 2023 | 100515W |
Shareholding
The shareholding of Alta Laboratories Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Alta Laboratories Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Dec 2024 | 101016193 | Others | ₹3 Cr | Satisfied | |
| 01 Mar 2023 | 100691732 | Others | ₹3 Cr | Satisfied | |
| 11 Jul 2022 | 100597476 | Others | ₹3 Cr | Satisfied | |
| 06 Jun 2022 | 100584800 | Others | ₹1 Cr | Satisfied | |
| 11 Apr 2022 | 100563239 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Alta Laboratories Limited, buy the company report.
Total charge records: 34 View all charges
Deals & funding
Alta Laboratories Limited has 16 deals on record (15 secondary share transfers, 1 funding round), with disclosed funding of ₹1.98 Cr; the latest was in March 2024.
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2019 | Secondary share transfer | Undisclosed | Seller: J&S Investments Private Limited, Altona Investments Private Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Altona Investments Private Limited Seller: Jayant Ramhari Dhote Huf, an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Ramhari Foundation, 2 individuals Seller: Altona Investments Private Limited , an individual |
| Mar 2011 | Secondary share transfer | Undisclosed | Buyer: J&S Investments Private Limited, Altona Investments Private Limited Seller: Aspy Investments Pvt Ltd , R K Dhote P C Trust, T R Dhote Pub Charitable Trust |
| Mar 2010 | Secondary share transfer | Undisclosed | Buyer: R K Dhote P C Trust, Ramhari Investments Pvt Ltd , T R Dhote Pub Charitable Trust Seller: J&S Investments Private Limited, Altona Investments Private Limited , Ramhari Foundation |
To see the full deal history of Alta Laboratories Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Alta Laboratories Limited has 18 court cases on record: 9 filed by Alta Laboratories, 9 filed against it. 6 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 5 | 1 |
| District courts | 8 | 4 | 5 |
Cases on record (5 of 18)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against an individual | Pending |
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Appln.PGA) | Filed against the company by an individual | Pending |
| District court, Mumbai Small Causes Court, Maharashtra | Court case (TE) | Filed against the company by an individual | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CRI REV APP) | Filed by the company against individuals | Pending |
| Bombay High Court | Writ petition | Filed against the company by an individual | Pending |
To see the full case history of Alta Laboratories Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Alta Laboratories Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Alta Laboratories Limited has a workforce of 181 employees on its EPFO records as of Aug 12, 2024, across 2 active EPFO establishments.
GST
Alta Laboratories has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACA1012B1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Alta Laboratories Limited, buy the company report.
Recent activity
Alta Laboratories Limited has 12 board changes on record since 1978: 4 appointments and 8 cessations. The latest: Sanjay Ramhari Dhote ceased to be Director on 30 Sep 2025.
78 earlier events are in the company report.
News
Frequently asked questions
Alta Laboratories is an active public limited company based in Mumbai, Maharashtra, India. The company works in api manufacturers, within the pharma industry. It was incorporated on 21 January 1954 (72+ years old) and is registered under CIN U85190MH1954PLC009215.
Alta Laboratories has 4 current directors:
- Jayant Ramhari Dhote - Managing Director
- Nirupa Kiran Bhatt - Director
- Geeta Jayant Dhote - Director
- Anita Reddy - Director
The latest financial statements of Alta Laboratories on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Alta Laboratories is 27AAACA1012B1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Alta Laboratories is U85190MH1954PLC009215. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Alta Laboratories has 18 court cases on record: 9 filed by the company and 9 filed against it. 6 are pending. Most are in the high courts.
Alta Laboratories was incorporated on 21 January 1954, making it 72+ years old. It is registered with the Registrar of Companies, Mumbai.
Alta Laboratories has 16 deals on record (15 secondary share transfers, 1 funding round), with disclosed funding of ₹1.98 Cr; the latest was in March 2024.
Sanjay Ramhari Dhote ceased to be Director on 30 Sep 2025. Nirupa Kiran Bhatt ceased to be Additional Director on 27 Sep 2021. Vikram Jaisingh Chavan ceased to be Director on 27 Sep 2021. Alta Laboratories has 12 board changes on record in total.
Alta Laboratories can be reached through the website alta.in. Its registered office is in Mumbai, Maharashtra, India.
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