About Promas Research
Promas Research is a Healthcare company founded in 2013. Analytical testing and formulation services for the pharmaceutical industry. Its Indian entity Promas Research Laboratories Private Limited reported revenue of ₹1.25 Cr. Promas Research offers products and services including Analytical Services and Formulation Development. Its focus areas include Pharmaceuticals, Formulation Services, Drug Development and Analytical Services.
Company details
Promas Research is recognized as a US FDA approved laboratory that offers comprehensive analytical testing support to the pharmaceutical sector. Highly qualified scientists with strong academic backgrounds and extensive industry experience are employed by the company. Data from Promas Research has been submitted to various international regulatory bodies and is accepted and approved by them. The facility is equipped with advanced instruments for services like method development and stability studies, catering to local and international markets. This setup enables effective technology transfer and reverse engineering in pharmaceutical analysis.
- SectorsHealthcare
- Email••••••••
- Website promasresearch.com
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- Legal Name Promas Research Laboratories Pvt. Ltd
- Date of Incorporation 02 Sep, 2013
- Jurisdiction Navi Mumbai, Maharashtra, India
- Indian entity revenue₹1.25 Cr
FY 2024 · -3% YoY
- Indian entity net profit₹5.5 Lakh
FY 2024 · 4% margin
- Indian entity EBITDA₹28 Lakh
FY 2024 · 22% margin
Associated legal entities of Promas Research
Promas Research operates through Promas Research Laboratories Private 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 |
|---|---|---|---|---|---|---|---|
| Promas Research Laboratories Private Limited CIN U85191MH2013PTC247780 | Active | 02 Sep 2013 | Navi Mumbai, Maharashtra | ₹1.3 Cr | 3 | View details |
Products & Services of Promas Research
Promas Research offers a comprehensive portfolio of products and services, including Analytical Services and Formulation Development.
Analytical testing support is offered for the pharmaceutical industry, including method development and validation
Formulation development services are provided to produce quality medicines for the pharmaceutical sector
Board of directors of Promas Research Laboratories Private Limited (Promas Research)
Promas Research Laboratories Private Limited is the primary company behind Promas Research. The board of Promas Research Laboratories Private Limited currently have 3 directors; the longest-serving is Balasaheb Babanrao Gatkal, appointed in 2014. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Balasaheb Babanrao Gatkal DIN 02000669 | Director | 07 Apr 2014 | 12 yrs 6 mo | Promas Research Laboratories Private Limited |
| James Martin Pareira DIN 02000686 | Additional Director | 07 Apr 2014 | 12 yrs 6 mo | Promas Research Laboratories Private Limited |
| Vandana Balasaheb Gatkal DIN 02209786 | Director | 01 Apr 2024 | 2 yrs 7 mo | Promas Research Laboratories Private Limited |
Financials of Promas Research
Figures of Promas Research Laboratories Private Limited, the primary company behind Promas Research, for FY 2024. Revenue was ₹1.25 Cr (-3% year on year). Net profit was ₹5.5 Lakh (4% margin). EBITDA was ₹28 Lakh (22% margin). Revenue has grown at a compounded annual rate of +10% over three years and +4% over five years.
- ₹1.25 CrRevenue · FY 2024 · -3% YoY
- ₹5.5 LakhNet profit · 4% margin
- ₹28 LakhEBITDA · 22% margin
- ₹2 LakhPaid-up capital
- +10%Revenue CAGR, 3 years
- +4%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Promas Research Laboratories Private Limited are on its company page.
Detailed financial statements for Promas Research
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Frequently Asked Questions about Promas Research
Promas Research was founded in 2013.
The primary company behind Promas Research, Promas Research Laboratories Private Limited, reported revenue of ₹1.25 Cr for FY 2024, down 3% year on year.
Promas Research is recognized as a US FDA approved laboratory that offers comprehensive analytical testing support to the pharmaceutical sector. Highly qualified scientists with strong academic backgrounds and extensive industry experience are employed by the company. Data from Promas Research has been submitted to various international regulatory bodies and is accepted and approved by them. The facility is equipped with advanced instruments for services like method development and stability studies, catering to local and international markets. This setup enables effective technology transfer and reverse engineering in pharmaceutical analysis.
Promas Research offers Analytical Services and Formulation Development.
Promas Research operates through Promas Research Laboratories Private Limited.
The legal entities of Promas Research currently have 3 directors, including Vandana Balasaheb Gatkal, Balasaheb Babanrao Gatkal, James Martin Pareira.