About Ray Life Sciences
Ray Life Sciences is a Healthcare company based in Bengaluru (India) founded in 1991. It specializes in developing and manufacturing sterile injectable pharmaceuticals for global markets. It operates on a B2B model. The company has 96 employees. Its Indian entity Ray Life Sciences Private Limited reported revenue of ₹10.79 Cr. Its focus areas include Pharmaceuticals, Injectable Formulations and Sterile Manufacturing. Similar companies include Akums, Jubilant Life Sciences and Nectar Lifesciences; 2 of its 3 listed similar companies have raised funding.
Company details
Ray Life Sciences, based in Bengaluru, focuses on providing healthcare solutions, producing pharmaceutical products, injectable formulations, and sterile manufacturing. Specializes in developing and manufacturing sterile injectable pharmaceuticals for global markets. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
- Headquarters Bengaluru, India
- Employees 96
- SectorsHealthcare
- Email••••••••
- Website raylifesciences.com
- Social LinkedIn
- Legal Name Ray Life Sciences Private Limited
- Date of Incorporation 24 Sep, 1991
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹10.79 Cr
FY 2024 · +71% YoY
- Net Loss-₹2.84 Cr
FY 2024 · -26% margin
- EBITDA-₹1.64 Cr
FY 2024 · -15% margin
- Employee Count96
Associated legal entities of Ray Life Sciences
Ray Life Sciences operates through Ray Life Sciences 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 |
|---|---|---|---|---|---|---|---|
| Ray Life Sciences Private Limited CIN U24111KA1991PTC012343 | Active | 24 Sep 1991 | Bangalore, Karnataka | ₹10.8 Cr | 96 | 4 | View details |
Board of directors of Ray Life Sciences Private Limited (Ray Life Sciences)
Ray Life Sciences Private Limited is the primary company behind Ray Life Sciences. The board of Ray Life Sciences Private Limited currently have 4 directors; the longest-serving is Sumitra Roy, appointed in 1991.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sumitra Roy DIN 01086754 | Whole-time director | 24 Sep 1991 | 35 yrs | Ray Life Sciences Private Limited |
| Anjan Kumar Roy DIN 01032834 | Whole-time director | 20 Nov 1992 | 33 yrs 11 mo | Ray Life Sciences Private Limited |
| Trishna Roy DIN 01032842 | Whole-time director | 05 Oct 2001 | 25 yrs | Ray Life Sciences Private Limited |
| Tanushree Roy DIN 01032851 | Whole-time director | 30 Sep 2005 | 21 yrs | Ray Life Sciences Private Limited |
Financials of Ray Life Sciences
Figures of Ray Life Sciences Private Limited, the primary company behind Ray Life Sciences, for FY 2024. Revenue was ₹10.79 Cr (+71% year on year). Net loss was -₹2.84 Cr (-26% margin). EBITDA was -₹1.64 Cr (-15% margin). Revenue has grown at a compounded annual rate of +57% over three years and +42% over five years.
- ₹10.79 CrRevenue · FY 2024 · +71% YoY
- -₹2.84 CrNet loss · -26% margin
- -₹1.64 CrEBITDA · -15% margin
- ₹95 LakhPaid-up capital
- 96Employees (provident fund records)
- +57%Revenue CAGR, 3 years
- +42%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ray Life Sciences Private Limited are on its company page.
Detailed financial statements for Ray Life Sciences
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Similar companies to Ray Life Sciences
Ray Life Sciences has 3 listed similar companies in our database, 2 of them funded. They include Akums, Jubilant Life Sciences and Nectar Lifesciences.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| akums.in | 2004 | Delhi, India | $70M | 395 | CDMO focusing on spectrum of dosage forms and therapeutic segments | |
| jubl.com | 1978 | Noida, India | Company offering a suite of R&D and manufacturing services for small molecules and generics | |||
| neclife.com | 1995 | Chandigarh, India | $46.85M | 175 | Cephalosporin APIs and generic formulations are manufactured. |
Detailed similar companies of Ray Life Sciences
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Frequently Asked Questions about Ray Life Sciences
Ray Life Sciences was founded in 1991.
Ray Life Sciences is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ray Life Sciences has 96 employees.
The primary company behind Ray Life Sciences, Ray Life Sciences Private Limited, reported revenue of ₹10.79 Cr for FY 2024, up 71% year on year.
Ray Life Sciences, based in Bengaluru, focuses on providing healthcare solutions, producing pharmaceutical products, injectable formulations, and sterile manufacturing. Specializes in developing and manufacturing sterile injectable pharmaceuticals for global markets. The company prioritizes operational excellence, innovation, and customer-centric approaches for success.
Ray Life Sciences's top competitors include Jubilant Life Sciences, Akums and Nectar Lifesciences.
Ray Life Sciences operates through Ray Life Sciences Private Limited.
The legal entities of Ray Life Sciences currently have 4 directors, including Tanushree Roy, Anjan Kumar Roy, Trishna Roy and others.