Apple Lifecare (India) Private Limited
About Apple Lifecare (India) Private Limited
Data last updated:
Apple Lifecare (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 29 October 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24230MH2003PTC142920. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Desano Pharmaceuticals India Pvt Ltd and Desano Pharmaceuticals (India) Private Limited. It is led by directors including Hitesh Parmanand Asrani and Manorama Avinash.
Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at C – 110 Classique Centre Near Paper Box Industry Off Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093.
As per the financials filed for FY 2018, the company reported a revenue of ₹29.9 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹16.3 Lakh (net margin 0.5%) and EBITDA of ₹1.01 Cr (EBITDA margin 3.4%). Revenue has grown at a compounded annual rate (CAGR) of 158% over three years.
As per MCA filings, the company has open charges of ₹26.29 Cr and satisfied charges of ₹5.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Apple Lifecare (India) has undergone 2 name changes throughout its history. The company was previously known as Desano Pharmaceuticals India Pvt Ltd, and Desano Pharmaceuticals (India) Private Limited. The current legal name is Apple Lifecare (India) Private Limited.
| Company Name | Status |
|---|---|
| Apple Lifecare (India) Private Limited | Current |
| Desano Pharmaceuticals India Pvt Ltd | Previous |
| Desano Pharmaceuticals (India) Private Limited | Previous |
Contact details
Apple Lifecare (India) Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – 110 Classique Centre Near Paper Box Industry Off Mahakali Caves Road Andheri (East), Mumbai, Maharashtra, India – 400093
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Apple Lifecare (India) 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
Business activity
The main business activity of Apple Lifecare (India) is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Apple Lifecare (India) Private Limited, buy the company report.
Financials of Apple Lifecare (India) Private Limited
FY 2018 filings availableApple Lifecare (India) Private Limited reported revenue of ₹29.9 Cr (up 174% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 158% over three years, including 174% growth in the latest year. EBITDA rose 202% 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹29.9 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹1.01 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹16.3 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 3.4% | |||
| Net Profit Margin | 0.5% | |||
| 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 | ||||
To see the full financial statements and ratios of Apple Lifecare (India) Private Limited, buy the company report.
Board of directors of Apple Lifecare (India) Private Limited
Apple Lifecare (India) has 4 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hitesh Parmanand Asrani Also directs: CRP Risk Management Limited, Medicheck Info Private Limited, CRP Beaumont Research (India) Private Limited and 1 more | Director | 29 Oct 2003 | 23 Years 0 Months | Current |
| Manorama Avinash | Director | 03 Dec 2011 | 14 Years 11 Months | Current |
| Ying Kan Also directs: Spiro Lifecare Private Limited | Director | 03 Dec 2011 | 14 Years 11 Months | Current |
| Nisha Asrani Also directs: Medicheck Info Private Limited | Director | 14 Sep 2013 | 13 Years 1 Months | Current |
Auditor
Apple Lifecare (India) Private Limited is audited by CHETAN P SHAH & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHETAN P SHAH & CO | FY 2018 | 120460W |
Shareholding
The shareholding of Apple Lifecare (India) Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Apple Lifecare (India) Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Feb 2017 | 100080191 | Others | ₹6.13 Cr | Open | |
| 12 Dec 2011 | 10327416 | State Bank of India | ₹20.16 Cr | Open | |
| 12 Oct 2011 | 10318058 | Development Credit Bank Limited | ₹5.25 Cr | Satisfied |
To see the full charge records of Apple Lifecare (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Apple Lifecare (India) Private Limited has 1 court case on record: 1 filed by Apple Lifecare (India). All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed by the company against Varsha Mills Private Limited | Disposed |
To see the full case history of Apple Lifecare (India) 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
Apple Lifecare (India) Private Limited was last rated by Brickwork on 25 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 25 Jun 2021 |
To see the full credit ratings and regulatory alerts of Apple Lifecare (India) Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Apple Lifecare (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Apple Lifecare (India) 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 Apple Lifecare (India) Private Limited, buy the company report.
Recent activity
Apple Lifecare (India) Private Limited has 9 board changes on record since 2003: 4 appointments and 5 cessations. The latest: Nisha Asrani ceased to be Additional Director on 25 Sep 2013.
6 earlier events are in the company report.
Frequently asked questions
Apple Lifecare (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 29 October 2003 (23+ years old) and is registered under CIN U24230MH2003PTC142920.
Apple Lifecare (India) has 4 current directors:
- Hitesh Parmanand Asrani - Director
- Manorama Avinash - Director
- Ying Kan - Director
- Nisha Asrani - Director
The latest financial statements of Apple Lifecare (India) on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.
No. Apple Lifecare (India) has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Apple Lifecare (India) is U24230MH2003PTC142920. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Apple Lifecare (India) has 1 court case on record: 1 filed by the company.
Apple Lifecare (India) was incorporated on 29 October 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
Nisha Asrani ceased to be Additional Director on 25 Sep 2013. Nisha Asrani was appointed as Director on 14 Sep 2013. Rajesh Ghangurde Shripad ceased to be Director on 14 Sep 2013. Apple Lifecare (India) has 9 board changes on record in total.
The registered office of Apple Lifecare (India) is at C – 110 Classique Centre Near Paper Box Industry Off Mahakali Caves Road Andheri East, Mumbai, Maharashtra, India – 400093.
Apple Lifecare (India) operates in the pharma industry, in the drug formulation and development segment.
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