Astalon Pharma Private Limited
About Astalon Pharma Private Limited
Data last updated:
Astalon Pharma Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 19 November 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24232CH2009PTC031878. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.8 Lakh. It is led by directors Neelam Rani and Krishan Gopal.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at S.C.F. 439 Ist Floor Motor Market Manimajra, Chandigarh, India – 160101.
As per the financials filed for FY 2016, the company reported a revenue of ₹1.39 Cr, a decline of 40% compared to the previous year. For the same year it recorded a net profit of ₹39,664 (net margin 0.3%) and EBITDA of ₹4.71 Lakh (EBITDA margin 3.4%).
As per MCA filings, the company has open charges of ₹35 Lakh on record. Court records list 41 cases involving the company, including 5 filed by the company and 36 filed against it; 5 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Astalon Pharma Private Limited's registered office is in Chandigarh, Chandigarh.
- Registered AddressS.C.F. 439 Ist Floor Motor Market Manimajra, Chandigarh, India – 160101
- 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
Business activity
The main business activity of Astalon Pharma is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Astalon Pharma Private Limited, buy the company report.
Financials of Astalon Pharma Private Limited
FY 2016 filings availableAstalon Pharma Private Limited reported revenue of ₹1.39 Cr (down 40% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 40% in the latest year. EBITDA fell 59% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹4.71 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹39,664 | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.4% | |
| Net Profit Margin | 0.3% | |
| 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 Astalon Pharma Private Limited, buy the company report.
Board of directors of Astalon Pharma Private Limited
Astalon Pharma has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neelam Rani | Director | 01 Mar 2012 | 14 Years 7 Months | Current |
| Krishan Gopal | Director | 19 Nov 2009 | 16 Years 11 Months | Current |
Peer comparison
Astalon Pharma Private Limited is compared with the 4 companies closest to it by revenue in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cureford Healthcare Private Limited | ₹1.39 Cr (FY 2023) | -39.0% | Rudrapur, Uttarakhand, India | |||
| Vibrant Pharmacuticals Private Limited | ₹1.39 Cr (FY 2025) | 16.0% | Vadodara, Gujarat, India | |||
| Astalon Pharma Private Limitedthis company | ₹1.39 Cr (FY 2016) | ₹39,664 | 0.3% | -40.0% | Chandigarh, India | |
| Euro Formulations Private Limited | ₹1.39 Cr (FY 2016) | 20229.0% | Bhind, Madhya Pradesh, India | |||
| Betlife Formulations Private Limited | ₹1.39 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India |
To see the full peer comparison of Astalon Pharma Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jan 2012 | 10391832 | Icici Bank Ltd | ₹35 Lakh | Open |
To see the full charge records of Astalon Pharma Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Astalon Pharma Private Limited has 41 court cases on record: 5 filed by Astalon Pharma, 36 filed against it. 5 cases are pending and 36 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 35 | 30 | 0 |
| High courts | 6 | 6 | 5 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Chandigarh | Execution petition | Filed against the company by Shri Ram City Union Finance Limited | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Asterisk Laboratories India Pvt Ltd | Disposed |
| District court, North, Delhi | Execution petition | Filed against the company by M/S Avecia Biological Pvt. Ltd. | Disposed |
| District court, North, Delhi | Civil suit | Filed against the company by Ms Avecia Biological (P) Ltd | Disposed |
| District court, Chandigarh | Cheque dishonour complaint | Filed against the company by Ms Aarge Drugs Pvt Ltd | Disposed |
To see the full case history of Astalon Pharma 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Astalon Pharma Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Astalon Pharma 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 Astalon Pharma Private Limited, buy the company report.
Recent activity
Astalon Pharma Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Gopal Krishan Pathak ceased to be Director on 05 Dec 2012.
Frequently asked questions
Astalon Pharma is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 19 November 2009 (17+ years old) and is registered under CIN U24232CH2009PTC031878.
Astalon Pharma has 2 current directors:
- Neelam Rani - Director
- Krishan Gopal - Director
The latest financial statements of Astalon Pharma on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Astalon Pharma has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Astalon Pharma is U24232CH2009PTC031878. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Astalon Pharma has 41 court cases on record: 5 filed by the company and 36 filed against it. 5 are pending. Most are in the district courts.
Astalon Pharma was incorporated on 19 November 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Astalon Pharma by revenue are Cureford Healthcare Private Limited, Vibrant Pharmacuticals Private Limited, Euro Formulations Private Limited, Betlife Formulations Private Limited, all in the Pharma industry (Formulations), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Gopal Krishan Pathak ceased to be Director on 05 Dec 2012. Neelam Rani ceased to be Additional Director on 20 Sep 2012. Neelam Rani was appointed as Director on 01 Mar 2012. Astalon Pharma has 5 board changes on record in total.
The registered office of Astalon Pharma is at S.C.F. 439 Ist Floor Motor Market Manimajra, Chandigarh, India – 160101.
Astalon Pharma operates in the pharma industry, in the drug formulation and development segment.