About Altar-Sri Labs Private Limited
Data last updated:
Altar-Sri Labs Private Limited is a private limited company based in Karnal, Haryana, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 09 August 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U24234HR2005PTC035820. Its GSTIN is 05AAFCA5755L1ZG (Uttarakhand). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹65 Lakh and a paid-up capital of ₹41.5 Lakh. It is led by directors including Hemant Negi and Suresh Kumar Mittal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Plot No. 86 2nd Floor Sector – 3 Hsiidc Karnal, Haryana, India – 132001.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.36 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net profit of ₹29.05 Lakh (net margin 2.6%) and EBITDA of ₹82.99 Lakh (EBITDA margin 7.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 1% over five years.
The company is associated with 1 brand: Altar Sri Labs. As per MCA filings, the company has open charges of ₹8.39 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website altarsrilabsveterinary.com.
Company details
Contact details
Altar-Sri Labs Private Limited's registered office is in Karnal, Haryana. Its website is altarsrilabsveterinary.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 86 2nd Floor Sector – 3 Hsiidc Karnal, Haryana, India – 132001
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Altar-Sri Labs 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
Altar-Sri Labs operates one associated brand: Altar Sri Labs. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Human and veterinary medicines production and related services by Altar Sri Labs in Roorkee. | altarsrilabsveterinary.com |
Business activity
The main business activity of Altar-Sri Labs is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Altar-Sri Labs Private Limited, buy the company report.
Financials of Altar-Sri Labs Private Limited
FY 2024 filings availableAltar-Sri Labs Private Limited reported revenue of ₹11.36 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 1%. EBITDA fell 12% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹11.36 Cr | ||||
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| EBITDA | ₹82.99 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | ₹29.05 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.3% | ||||
| Net Profit Margin | 2.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Altar-Sri Labs Private Limited, buy the company report.
Board of directors of Altar-Sri Labs Private Limited
Altar-Sri Labs has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hemant Negi | Director | 09 Aug 2005 | 21 Years 2 Months | Current |
| Suresh Kumar Mittal | Director | 09 Aug 2005 | 21 Years 2 Months | Current |
| Sushil Kumar Mittal Also directs: Ethics Health-Care Private Limited | Director | 23 Aug 2005 | 21 Years 2 Months | Current |
| Arun Negi | Director | 09 Aug 2005 | 21 Years 2 Months | Current |
Auditor
Altar-Sri Labs Private Limited is audited by SINGH YUDHVEER & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SINGH YUDHVEER & ASSOCIATES | FY 2024 | 011039C |
Shareholding
The shareholding of Altar-Sri Labs Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Altar-Sri Labs Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Nov 2023 | 100813586 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 09 Oct 2023 | 100795837 | Hdfc Bank Limited | ₹3 Cr | Open | |
| 20 Jun 2020 | 100351469 | Others | ₹10 Lakh | Open | |
| 08 Jun 2020 | 100351759 | Others | ₹23.55 Lakh | Open | |
| 29 Dec 2018 | 100242576 | Others | ₹1 Cr | Open |
To see the full charge records of Altar-Sri Labs Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Altar-Sri Labs Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South East, Delhi | Commercial suit | Filed against the company by Corona Remedies Pvt. Ltd. | Disposed |
To see the full case history of Altar-Sri Labs Private 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.
Credit ratings & regulatory alerts
Altar-Sri Labs Private Limited was last rated by Crisil on 26 Jul 2017.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 26 Jul 2017 |
To see the full credit ratings and regulatory alerts of Altar-Sri Labs Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Altar-Sri Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Altar-Sri Labs has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 05AAFCA5755L1ZG | Uttarakhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Altar-Sri Labs Private Limited, buy the company report.
Recent activity
Altar-Sri Labs Private Limited has 4 board changes on record since 2005: 4 appointments. The latest: Sushil Kumar Mittal was appointed as Director on 23 Aug 2005.
4 earlier events are in the company report.
Frequently asked questions
Altar-Sri Labs is an active private limited company based in Karnal, Haryana, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 09 August 2005 (21+ years old) and is registered under CIN U24234HR2005PTC035820.
Altar-Sri Labs has 4 current directors:
- Hemant Negi - Director
- Suresh Kumar Mittal - Director
- Sushil Kumar Mittal - Director
- Arun Negi - Director
The latest financial statements of Altar-Sri Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Altar-Sri Labs is 05AAFCA5755L1ZG, registered in Uttarakhand. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Altar-Sri Labs is U24234HR2005PTC035820. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Altar-Sri Labs has 1 court case on record: 1 filed against it.
Altar-Sri Labs was incorporated on 09 August 2005, making it 21+ years old. It is registered with the Registrar of Companies, Delhi.
Sushil Kumar Mittal was appointed as Director on 23 Aug 2005. Arun Negi was appointed as Director on 09 Aug 2005. Hemant Negi was appointed as Director on 09 Aug 2005. Altar-Sri Labs has 4 board changes on record in total.
Altar-Sri Labs can be reached through the website altarsrilabsveterinary.com. Its registered office is in Karnal, Haryana, India.
The registered office of Altar-Sri Labs is at Plot No. 86 2nd Floor Sector – 3 Hsiidc Karnal, Haryana, India – 132001.
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