About Proalgen
Proalgen is a Healthcare company based in India founded in 2006. Proalgen was founded in 2006 and is based in India. Its Indian entity Proalgen Biotech Limited reported revenue of ₹3.55 Cr. Its focus areas include Traditional Nutraceuticals and Diversified.
Company details
Proalgen was established in 2006 as a company located in India. Operations are conducted through the domain proalgen.com, with a primary geographic focus on the Indian market. Specific details on the industry sector, services offered, or broader operational scope are not outlined in available records. The founding aligns with early 2000s business developments in the region, positioning it as an established entity.
- Headquarters India
- SectorsHealthcare
- Website proalgen.com
- Legal Name Proalgen Biotech Limited
- Date of Incorporation 03 Mar, 1997
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹3.55 Cr
FY 2024 · -15% YoY
- Net Loss-₹78.9 Lakh
FY 2024 · -22% margin
- EBITDA₹37 Lakh
FY 2024 · 10% margin
Associated legal entities of Proalgen
Proalgen operates through Proalgen Biotech Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Proalgen Biotech Limited CIN U24117TN1997PLC037629 | Active | 03 Mar 1997 | Chennai, Tamil Nadu | ₹3.6 Cr | 2 | 6 | View details |
Board of directors of Proalgen Biotech Limited (Proalgen)
Proalgen Biotech Limited is the primary company behind Proalgen. The board of Proalgen Biotech Limited currently have 4 directors; the longest-serving is Nidamangala Srinivasa Balamukundan, appointed in 1998. 11 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nidamangala Srinivasa Balamukundan DIN 00535211 | Managing Director | 01 Jan 1998 | 28 yrs 10 mo | Proalgen Biotech Limited |
| Nidamangala Srinivasa Venkatesh DIN 01008914 | Director | 10 Jul 1999 | 27 yrs 4 mo | Proalgen Biotech Limited |
| Ananthanarayanan Manjunath DIN 02384401 | Director | 29 Feb 2020 | 6 yrs 8 mo | Proalgen Biotech Limited |
| Kalyanasundaram Krishnan DIN 00031284 | Director | 29 Nov 2021 | 4 yrs 11 mo | Proalgen Biotech Limited |
Financials of Proalgen
Figures of Proalgen Biotech Limited, the primary company behind Proalgen, for FY 2024. Revenue was ₹3.55 Cr (-15% year on year). Net loss was -₹78.9 Lakh (-22% margin). EBITDA was ₹37 Lakh (10% margin). Revenue has grown at a compounded annual rate of -11% over three years and -8% over five years.
- ₹3.55 CrRevenue · FY 2024 · -15% YoY
- -₹78.9 LakhNet loss · -22% margin
- ₹37 LakhEBITDA · 10% margin
- ₹11.99 CrPaid-up capital
- 2Employees (provident fund records)
- -11%Revenue CAGR, 3 years
- -8%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Proalgen Biotech Limited are on its company page.
Detailed financial statements for Proalgen
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Web traffic of Proalgen
The website of Proalgen (proalgen.com) receives about 1.6K visits a month.
- Monthly visits1.6K
▲ 978.4% vs previous month
Top companies in Traditional Health & Nutrition
3 companies that operate in the same segment as Proalgen (Traditional Health & Nutrition) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Oral solid drug delivery systems are manufactured and developed. | 1985 | Mumbai, Maharashtra, India | USD 42.49 M | USD 89.42 M | 962 | |
Generic, semi-solid, and liquid dosage forms are manufactured. | 1990 | Bengaluru, Karnataka, India | USD 508.93 M | 4,050 | ||
Specialty generic pharmaceuticals and APIs are manufactured and marketed. | 1983 | Mumbai, Maharashtra, India | USD 6.44 B | 19,801 |
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Frequently Asked Questions about Proalgen
Proalgen was founded in 2006.
Proalgen is headquartered in India.
The primary company behind Proalgen, Proalgen Biotech Limited, reported revenue of ₹3.55 Cr for FY 2024, down 15% year on year.
Proalgen was established in 2006 as a company located in India. Operations are conducted through the domain proalgen.com, with a primary geographic focus on the Indian market. Specific details on the industry sector, services offered, or broader operational scope are not outlined in available records. The founding aligns with early 2000s business developments in the region, positioning it as an established entity.
Proalgen operates through Proalgen Biotech Limited.
The legal entities of Proalgen currently have 6 directors, including Kalyanasundaram Krishnan, Nidamangala Srinivasa Balamukundan, Nidamangala Srinivasa Venkatesh and others.